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HomeMy Public PortalAbout12 December 8, 2021 CommissionRIVERSIDE COUNTY TRANSPORTATION COMMISSION MEETING AGENDA TIME/DATE: 9:30 a.m. / Wednesday, December 8, 2021 LOCATION: BOARD ROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside This meeting is being conducted in -person as well as virtually in accordance with AB 361 due to state or local officials recommending measures to promote social distancing. COMMISSIONERS Chair —Jan Harnik Vice Chair —V. Manuel Perez Second Vice Chair — Bob Magee Kevin Jeffries, County of Riverside, District 1 Karen Spiegel, County of Riverside, District 2 Chuck Washington, County of Riverside, District 3 V. Manuel Perez, County of Riverside, District 4 Jeff Hewitt, County of Riverside, District 5 Mary Hamlin / Alberto Sanchez, City of Banning Lloyd White / David Fenn, City of Beaumont Joseph DeConinck / Johnny Rodriguez, City of Blythe Linda Molina / Wendy Hewitt, City of Calimesa Jeremy Smith / Larry Greene, City of Canyon Lake Raymond Gregory / Mark Carnevale, City of Cathedral City Steven Hernandez / Denise Delgado, City of Coachella Wes Speake / Jim Steiner, City of Corona Scott Matas / Russell Betts, City of Desert Hot Springs Clint Lorimore / Todd Rigby, City of Eastvale Linda Krupa / Russ Brown, City of Hemet Dana Reed / Donna Griffith, City of Indian Wells Waymond Fermon / Oscar Ortiz, City of Indio Brian Berkson / Guillermo Silva, City of Jurupa Valley Kathleen Fitzpatrick / Robert Radi, City of La Quinta Bob Magee / Natasha Johnson, City of Lake Elsinore Bill Zimmerman / Dean Deines, City of Menifee Yxstain Gutierrez / To Be Appointed, City of Moreno Valley Scott Vinton / Lisa DeForest, City of Murrieta Ted Hoffman / Katherine Aleman, City of Norco Jan Harnik / Kathleen Kelly, City of Palm Desert Lisa Middleton / Dennis Woods, City of Palm Springs Michael M. Vargas / Rita Rogers, City of Perris Ted Weill / Charles Townsend, City of Rancho Mirage Chuck Conder / Patricia Lock Dawson, City of Riverside Alonso Ledezma / Crystal Ruiz, City of San Jacinto Matt Rahn / Maryann Edwards, City of Temecula Ben J. Benoit / Joseph Morabito, City of Wildomar Mike Beauchamp, Governor's Appointee Caltrans District 8 Comments are welcomed by the Commission. If you wish to provide comments to the Commission, please complete and submit a Speaker Card to the Clerk of the Board. RIVERSIDE COUNTY TRANSPORTATION COMMISSION www.rctc.org MEETING AGENDA* *Actions may be taken on any item listed on the agenda 9:30 a.m. Wednesday, December 8, 2021 Board Room County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside, CA This meeting is being conducted in -person as well as virtually in accordance with AB 361 due to state or local officials recommending measures to promote social distancing. INSTRUCTIONS FOR ELECTRONIC PARTICIPATION Join Zoom Meeting https://rctc.zoom.us/j/89955195070 Meeting ID: 899 5519 5070 Dial by your location +1 669 900 6833 US (San Jose) For members of the public wishing to submit comment in connection with the Commission Meeting please email written comments to the Clerk of the Board at Imobley@rctc.org and your comments will be made part of the official record of the proceedings as long as the comment is received before the end of the meeting's public comment period. Members of the public may also make public comments in person or through their telephone or Zoom connection when recognized by the Chair. In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed 72 hours prior to the meeting, which are public records relating to open session agenda items, will be available for inspection by members of the public prior to the meeting on the Commission's website, www.rctc.org. In compliance with the Americans with Disabilities Act, Government Code Section 54954.2, Executive Order N-29-20, and the Federal Transit Administration Title VI, please contact the Clerk of the Board at (951) 787-7141 if special assistance is needed to participate in a Commission meeting, including accessibility and translation services. Assistance is provided free of charge. Notification of at least 48 hours prior to the meeting time will assist staff in assuring reasonable arrangements can be made to provide assistance at the meeting. 1. CALL TO ORDER 2. ROLL CALL 3. PLEDGE OF ALLEGIANCE Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 2 4. PUBLIC COMMENTS — Under the Brown Act, the Commission should not take action on or discuss matters raised during public comment portion of the agenda that are not listed on the agenda. Commission members may refer such matters to staff for factual information or to be placed on the subsequent agenda for consideration. 5. ADDITIONS / REVISIONS — The Commission may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Commission subsequent to the posting of the agenda. An action adding an item to the agenda requires 2/3 vote of the Commission. If there are less than 2/3 of the Commission members present, adding an item to the agenda requires a unanimous vote. Added items will be placed for discussion at the end of the agenda. 6. CONSENT CALENDAR — All matters on the Consent Calendar will be approved in a single motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled from the Consent Calendar will be placed for discussion at the end of the agenda. 6A. RESOLUTION NO. 21-020, AUTHORIZING VIRTUAL BOARD AND COMMITTEE MEETINGS PURSUANT TO AB 361 Overview This item is for the Commission to: Page 1 1) Reaffirm the findings in Resolution No. 21-020, "A Resolution of the Board of Commissioner of the Riverside County Transportation Commission Authorizing Virtual Board and Committee Meetings Pursuant to AB 361". Those findings are as follows: a) The Governor proclaimed a State of Emergency on March 4, 2020 related to the COVID-19 pandemic, which state of emergency continues to existing today; and b) State or local officials have recommended measures to promote social distancing. 6B. APPROVAL OF MINUTES — NOVEMBER 10, 2021 6C. PROPOSED 2022 COMMISSION/COMMITTEE MEETING SCHEDULE Overview Page 5 Page 22 This item is for the Commission to adopt its 2022 Commission/Committee Meeting Schedule. Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 3 6D. FISCAL YEAR 2020/21 COMMISSION AUDIT RESULTS Overview This item is for the Commission to: 1) Receive and file the Fiscal Year 2020/21: a) Annual Comprehensive Financial Report (ACFR); b) Local Transportation Fund (LTF) Financial and Compliance Report; c) State Transit Assistance (STA) Fund Financial and Compliance Report; d) State of Good Repair (SGR) Fund Financial and Compliance Report; e) Proposition 1B Rehabilitation and Security Project (Proposition 1B) Accounts Financial and Compliance Reports; f) Low Carbon Transit Operations Program (LCTOP) Account Financial and Compliance Reports; g) Single Audit Report; h) RCTC 91 Express Lanes Fund Financial Report; i) 15 Express Lanes Fund Financial Report; j) Auditor Required Communications Report; k) Agreed -Upon Procedures Report related to the Appropriations Limit Calculation; I) Agreed -Upon Procedures Report related to the Commuter Assistance Program (CAP) incentives; and m) Management certifications. 6E. QUARTERLY SALES TAX ANALYSIS Overview Page 25 Page 336 This item is for the Commission to receive and file the sales tax analysis for Quarter 2, 2021 (2Q 2021). 6F. QUARTERLY INVESTMENT REPORT Overview This item is for the Commission to receive and file the Quarterly Investment Report for the quarter ended September 30, 2021. Page 345 Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 4 6G. ANNUAL INVESTMENT POLICY Overview This item is for the Commission to: Page 569 1) Adopt Resolution No. 21-021, "Resolution of the Riverside County Transportation Commission Regarding the Revised Investment Policy"; and 2) Adopt the revised annual Investment Policy. 6H. QUARTERLY PUBLIC ENGAGEMENT METRICS REPORT, JULY — SEPTEMBER 2021 Page 584 Overview This item is for the Commission to receive and file the Quarterly Public Engagement Metrics Report for July — September 2021. 61. CITY OF TEMECULA FUNDING REQUEST FOR CONSTRUCTION OF THE INTERSTATE 15 AUXILIARY LANE PROJECT Overview This item is for the Commission to: Page 594 1) Approve programming $3.5 million of Transportation Uniform Mitigation Fee (TUMF) Community Environmental Transportation Acceptability Process (CETAP) funds for the city of Temecula's (Temecula) Interstate 15 (1-15) Auxiliary Lane Project (ALP); 2) Approve Agreement No. 22-73-032-00 between the Commission and Temecula for the programming of $3.5 million of TUMF CETAP for the construction phase of the 1-15 ALP; and 3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement. 6J. QUARTERLY REPORTING OF CONTRACT CHANGE ORDERS FOR CONSTRUCTION CONTRACTS Page 621 Overview This item is for the Commission to receive and file the Quarterly Report of Contract Change Orders for Construction Contracts for the three months ended September 30, 2021. Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 5 6K. AGREEMENTS FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Overview This item is for the Commission to: Page 623 1) Award the following agreements to provide on -call right of way appraisal services for a three-year term, in an amount not to exceed an aggregate value of $1 million; a) Agreement No. 22-31-009-00 with Hawran & Malm, LLC; b) Agreement No. 22-31-026-00 with Hennessey & Hennessey, LLC; c) Agreement No. 22-31-027-00 with Integra Realty Resources — Los Angeles; d) Agreement No. 22-31-028-00 with R.P. Laurain & Associates, Inc.; and e) Agreement No. 22-31-029-00 with Santolucito Dore Group, Inc. 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreements, on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to the consultants under the terms of the agreements. 6L. AGREEMENT FOR RAILROAD RIGHT OF WAY PROPERTY MAINTENANCE SERVICES Page 915 Overview This item is for the Commission to: 1) Approve Agreement No. 22-33-014-00 with Joshua Grading & Excavating, Inc. for property maintenance services of Commission -owned railroad right of way (ROW) property for a five-year term in an amount not to exceed of $4.3 million; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to the contractor under the terms of the agreement. 6M. LOCAL TRANSPORTATION FUND ADVANCE LOAN TO TRANSIT OPERATORS Page 961 Overview This item is for the Commission to approve a loan to advance Local Transportation Funds (LTF) up to $21.4 million to the cities of Corona and Riverside, Riverside Transit Agency (RTA), and SunLine Transit Agency (SunLine)as recipients of Federal Transit Administration (FTA) funds under the condition the loans are repaid to the Commission within 14 days of receipt of FTA funds. Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 6 6N. AMENDMENT TO AGREEMENT WITH STEVE'S TOWING FOR EXPRESS LANES FREEWAY SERVICE PATROL SERVICE Overview This item is for the Commission to: Page 979 1) Approve Agreement No. 16-45-103-03, Amendment No. 3 to Agreement No. 16-45-103-00 with Steve's Towing (Steve's) for continued Freeway Service Patrol (FSP) services on the Commission's Express Lanes (Beats 91T and 15T) for an additional 13 months through January 30, 2023 and to increase the hourly rate for the one 91T service truck from $56.25 to $70.00 for an additional amount of $105,000, and a total amount not to exceed $2,168,197; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission. 60. AMENDMENTS TO AGREEMENTS FOR 1E511 TRAVELER INFORMATION SERVICES Page 986 Overview This item is for the Commission to: 1) Approve Agreement No. 09-45-067-10, Amendment No. 10 to Agreement No. 09-45-067-00, with Iteris, Inc. (Iteris) for the continued provision of operations and maintenance services for the Inland Empire 511 (IE511) system through March 31, 2022, for an additional amount of $55,000, and a total amount not to exceed $3,665,785; 2) Approve Agreement No. 14-41-156-09, Amendment No. 9 to Agreement No. 14-41-156-00, with Media Beef, Inc. (Media Beef) for the continued provision of programming and website/mobile application administration services for 1E511 through March 31, 2022 for an additional amount of $7,000, and a total amount not to exceed $1,500,670; and 3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreements on behalf of the Commission. 6P. APPROVAL OF ADDITIONAL PROPERTY ACQUISITION FOR THE 71/91 INTERCHANGE PROJECT Page 997 Overview This item is for the Commission to authorize the acquisition of seven additional parcels consisting of footing easements and temporary construction easements (TCEs) for the State Route 71 (SR-71)/State Route 91 (SR -91) interchange project (Project) in accordance with the Commission's Right of Way Policies and Procedures. Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 7 7. CALTRANS DIRECTOR TOKS OMISHAKIN UPDATE Overview This item is for the Commission to receive a presentation from Director Toks Omishakin regarding Caltrans programs and priorities and for the Commissioners to provide feedback and discussion. 8. 2022 STATE AND FEDERAL LEGISLATIVE PLATFORM AND LEGISLATIVE UPDATE Overview This item is for the Commission to: 1) Adopt the Commission's 2022 State and Federal Legislative Platform; and 2) Receive and file the state and federal update. 9. ELECTION OF RIVERSIDE COUNTY TRANSPORTATION COMMISSION OFFICERS Overview This item is for the Commission to conduct an election of officers for 2022 — Chair, Vice Chair, and Second Vice Chair. 10. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA 11. EXECUTIVE DIRECTOR REPORT 12. COMMISSIONER COMMENTS Overview This item provides the opportunity for brief announcements or comments on items or matters of general interest. Page 999 Page 1020 Riverside County Transportation Commission Meeting Agenda December 8, 2021 Page 8 13. CLOSED SESSION 13A. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Pursuant to Government Code Section 54956.8 Agency Negotiator: Executive Director or Designee Item Property Description Property Owner Buyer(s) 1 102-473-007 Valles, et al RCTC 2 102-473-008 Benavides, et al RCTC 3 102-473-009 Le, et al RCTC 4 102-473-010 Perez, et al RCTC 5 102-473-017 Hirakawa, et al RCTC 6 102-475-001 Romios, et al RCTC 7 102-475-002 Sievert, et al RCTC 13B. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to Government Code Section 54956.9 (d)(1) Case No. RIC1903612 13C. CONFERENCE WITH LEGAL COUNSEL — ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Section 54956.9: 1 potential case Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9: 1 potential case 14. ADJOURNMENT The next Commission meeting is scheduled to be held at 9:30 a.m. on Wednesday, January 12, 2022. RIVERSIDE tCTC COUNTY TRANSPORTATION COMMISSION January 1988 RCTC awards $10,000 Audit Contract to Ernst & Whinney Begins 14 -year Relationship as the Commission's auditor Joins OCTA's Finance Department in 2002 as Accounting and Financial Reporting Manager Appointed CFO of Exciting time post Budgeted RCTC Measure A renewal Expenditures in 2004: $152 million •I" Commission Chaired by Roy Wilson High Finance il MEASURE A APPROVAL PAVED WAY TO FINANCE ADDITIONAL PROJECTS COMMERCIAL PAPER PROGRAM BEGAN IN 2005 ($180 MILLION) FIRST SALES TAX BONDS ISSUED IN 2008 ($126.4 MILLION) FIRST TOLL REVENUE BONDS IN 2013 ($601 MILLION) More High Finance RCTC has issued more than $3 billion in debt since 2005 Includes Commercial Paper Notes, Sales Tax Bonds, Refunding Bods, Toll Road Toll Bonds/TIFIA Loans Debt Service savings from refunding/refinancing of Bonds has exceeded $124 million aria tip, 10.91 &.: tt.v '— atching the 1111111110 I lldl I II. rtlll'! Budgets & ACFRs RCTC has received 33 GFOA Awards under Theresia's Management $152 million in budgeted expenditures in 2004 has grown to more than $1 billion Success of finance department due to team excellence but especially through Theresia's Management Y . i ce, �ayy::: ��Y.`�, r•e. tom•../.+��. '~r.. s• S.•� y- i CCCi ■.....r rrtq�** s.� 4'472, C iiCiiilili r�rarrNrYq s»».y�.rr ......-- 111111111141:: Y U , Rllwwt�� � liltirrrr� • ; 7'`� ai 07'1 SSt AV 1 �i+�i�g'#a 11�� ;I 441r�1�14 10 ►�iiii ui n { t�rty ,e'���,��y1�r�itititirnti��itirriti»titin1 �p��� 11111 ���i1��'�l11���inii4i�a��or'i�, • ',+ _ 11111 �rrt Award Winning Budget and ACFR Doi n •�` , �� �.2M., dt,,'�•+4i+nt�''.,I•.•,�� ••'u•:�1I • Leadership in all areas Theresia has provided needed guidance in a variety of ways - and even in the field. Limonite Avenue MILES J A Lasting Impac Theresia's work throughout her career made RCTC's accomplishments possible.. . 1 I THE9 91 PROJECT DEDICATION CEREMONY An Extraordinary Career - An Even Better Person AGENDA ITEM 6A RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Lisa Mobley, Administrative Services Manager/Clerk of the Board THROUGH: Anne Mayer, Executive Director SUBJECT: Resolution No. 21-020, Authorizing Virtual Board and Committee Meetings Pursuant to AB 361 STAFF RECOMMENDATION: This item is for the Commission to: 1) Reaffirm the findings in Resolution No. 21-020, "A Resolution of the Board of Commissioner of the Riverside County Transportation Commission Authorizing Virtual Board and Committee Meetings Pursuant to AB 361". Those findings are as follows: a) The Governor proclaimed a State of Emergency on March 4, 2020 related to the COVID-19 pandemic, which state of emergency continues to existing today; and b) State or local officials have recommended measures to promote social distancing. BACKGROUND INFORMATION: Since the onset of the COVID-19 in early 2020, California government agencies have been able to continue to discharge their legal responsibilities through the use of virtual teleconferencing platforms such as Zoom to hold public meetings that enabled agencies to meet and conduct business, comply with social distancing orders and most importantly, provide access to the public. In many cases, virtual meetings have actually enhanced public participation, particularly in larger counties including Riverside County where traveling to a public meeting can be inconvenient or require traveling a long distance. Both the RCA and RCTC have been meeting on Zoom since March of 2020, when many Executive Orders were issued by Governor Newsom in response to the pandemic. One such order altered Brown Act requirements to allow for virtual meetings. Although transmission, hospitalization and death rates from COVID-19 have sharply declined since the original onset of the pandemic and subsequent Delta Variant surge, an air or uncertainty remains regarding the pandemic and many counties continue to recommend masking inside and social distancing. Given that environment and a desire to continue allowing for the flexibility of holding virtual meetings, the Legislature recently approved, and Governor Newsom signed, Assembly Bill 361 to temporarily allow for virtual meeting under proscribed circumstances. Agenda Item 6A 1 AB 361 Effective immediately, AB 361 amends the Brown Act to allow local legislative bodies to continue using teleconferencing and virtual meeting technology in certain circumstances. Under the Bill, legislative bodies can continue to meet remotely as long as there is a "proclaimed state of emergency" and the Commission can make either of the following findings: (a) state or local officials have imposed or recommended measures to promote social distancing or (b) whether as a result of the emergency, meeting in person would present imminent risks to the health or safety of attendees. The Governor proclaimed a State of Emergency on March 4, 2020 related to the COVID-19 pandemic, which State of Emergency continues to exist to this day. Further, both State and Riverside County officials continue to recommend the social distancing. AB 361 requires specific procedural safeguards for the public. To accommodate individuals during these teleconferences and virtual meetings, a public comment period will be offered where the public can address the legislative body directly in real time. Additionally, public comments will be allowed up until the public comment period is closed at the meetings. The agenda will include information on the manner in which the public may access the meeting and provide comments remotely. If technical problems arise that result in the public's access being disrupted, the legislative body will not take any vote or other official action until the technical disruption is corrected and public access is restored. The attached Resolution allows the Board to implement AB 361 by making the findings discussed above. This findings will be in effect for 30 days or until the Board makes findings that the conditions listed therein long longer exist, whichever is shorter. The findings can be extended by the Board upon a finding that conditions supporting the findings included in the Resolution still exist. The authorization to meet remotely will apply to any Committees that meet during the 30 - day effective period. AB 361 will allow for virtual meetings during other state -proclaim emergencies, such as earthquakes or wildfires, where physical attendance may present a risk. AB 361 is scheduled to sunset January 1, 2024. STAFF RECOMMENDATION: Reafirm the findings in Resolution No. 21-020, "A Resolution of the Board of Commissioner of the Riverside County Transportation Commission Authorizing Virtual Board and Committee Meetings Pursuant to AB 361". Attachment: Resolution No. 21-020 Agenda Item 6A 2 RESOLUTION NO. 21-020 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AUTHORIZING VIRTUAL BOARD AND COMMITTEE MEETINGS PURSUANT TO AB 361 WHEREAS, the Riverside County Transportation Commission ("Commission") is committed to preserving and nurturing public access and participation in meetings of the Board of Commissioners, Executive Committee, Budget and Implementation Committee, and Western Riverside County Programs and Projects Committee; and WHEREAS, all meetings of the Commission's legislative bodies, including its Board of Commissioners, Executive Committee, Budget and Implementation Committee, and Western Riverside County Programs and Projects Committee are open and public, as required by the Ralph M. Brown Act (Cal. Gov. Code 54950 — 54963), so that any member of the public may attend and participate in the Authority's meetings; and WHEREAS, starting in March 2020, in response to the spread of COVID-19 in the State of California, the Governor issued a number of executive orders aimed at containing the COVID-19 virus; and WHEREAS, among other things, these orders waived certain requirements of the Brown Act to allow legislative bodies to meet virtually; and WHEREAS, pursuant to the Governor's executive orders, the Commission has been holding virtual meetings during the pandemic in the interest of protecting the health and safety of the public, Commission staff and Commissioners; and WHEREAS, the Governor's executive order related to the suspension of certain provisions of the Brown Act expired on September 30, 2021; and WHEREAS, on September 16, 2021 the Governor signed AB 361 (in effect as of October 1, 2021 — Government Code Section 54953(e)), which allows legislative bodies to meet virtually provided there is a state of emergency, and either (1) state or local officials have imposed or recommended measures to promote social distancing; or (2) the legislative body determines by majority vote that meeting in person would present imminent risks to the health and safety of attendees; and WHEREAS, such conditions now exist in the Commission, specifically, a state of emergency has been proclaimed related to COVID-19 and state or local officials are recommending measures to promote social distancing, 3 NOW, THEREFORE, BE IT RESOLVED THAT THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. Section 2. Findings. Consistent with the provisions of Government Code Section 54953(e), the Board of Commissioners finds and determines that (1) a state of emergency related to COVID-19 is currently in effect and (2) state or local officials have recommended measures to promote social distancing in connection with COVID-19. Section 3. Remote Teleconference Meetings: Based on the findings and determinations included herein, the Board of Commissioners authorizes and directs any of its legislative bodies, including without limitation its Board of Commissioners, Executive Committee, Budget and Implementation Committee, Western Riverside County Programs and Projects Committee, Technical Advisory Committee, and Citizens and Specialized Transit Advisory Committee to conduct remote teleconference meetings under the provisions of Government Code Section 54953(e) and that such bodies shall provide public access to their meetings as provided in Section 54953(e). Section 4. Effective Date of Resolution. This Resolution shall take effect upon adoption and shall be effective for 30 days unless earlier extended by a majority vote of the Board of Commissioners in accordance with Section 5 of this Resolution. Section 5. Extension by Motion. The Board of Commissioners may extend the application of this Resolution by motion and majority vote by up to 30 days at a time, provided that it makes all necessary findings consistent with and pursuant to the requirements of Section 54953(e)(3). Any such extension may be made before or after the expiration of the preceding 30 day period. PASSED AND ADOPTED by the Board of Commissioners of the Riverside County Transportation Commission this 10th day of November 2021, by the following vote: APPROVED AND ADOPTED this 10th day of November, 2021. Jar, C. Harnik, Chair Riverside County Transportation Commission ATTEST: Lisa Mobley, Jerk of the Board Riverside County Transportation Commission 4 AGENDA ITEM 6B RIVERSIDE COUNTY TRANSPORTATION COMMISSION MEETING MINUTES Wednesday, November 10, 2021 1. CALL TO ORDER The Riverside County Transportation Commission was called to order by Chair Jan Harnik at 9:30 a.m., via Zoom Meeting ID 850 3220 6005. This meeting was conducted virtually in accordance with AB 361 due to state or local officials recommending measures to promote social distancing. 2. ROLL CALL Commissioners/Alternates Present Mike Beauchamp Ben J. Benoit Brian Berkson Chuck Conder Joseph DeConinck Waymond Fermon Kathleen Fitzpatrick Raymond Gregory Mary Hamlin Jan Harnik Jeff Hewitt* Ted Hoffman Kevin Jeffries Linda Krupa Alonso Ledezma Clint Lorimore Bob Magee *Arrived after the meeting was called to order. Scott Matas Lisa Middleton Linda Molina* V. Manuel Perez* Matt Rahn* Dana Reed Jeremy Smith Wes Speake Karen Spiegel Michael M. Vargas Scott Vinton Chuck Washington Ted Weill Lloyd White Bill Zimmerman Commissioners Absent Yxstain Gutierrez Steven Hernandez 3. PLEDGE OF ALLEGIANCE Commissioner Chuck Washington led the Commission in a flag salute. 4. PUBLIC COMMENTS There were no requests to speak from the public. 5 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 2 5. ADDITIONS / REVISIONS There were no additions or revisions to the agenda. At this time, Commissioner Jeff Hewitt and Vice Chair V. Manuel Perez joined the meeting. 6. CONSENT CALENDAR M/S/C (Benoit/Hoffman) to approve the following Consent Calendar items. 6A. APPROVAL OF MINUTES — OCTOBER 13, 2021 6B. SINGLE SIGNATURE AUTHORITY REPORT Receive and file the Single Signature Authority report for the first quarter ended September 30, 2021. 6C. ADOPTION OF RESOLUTION NO. 21-019 TO ADOPT CHAPTER 10 OF THE CALTRANS LOCAL ASSISTANCE PROCEDURES MANUAL APPLICABLE TO FEDERALLY FUNDED ARCHITECTURAL AND ENGINEERING SERVICES PROCUREMENT Adopt Resolution No. 21-019, "Resolution of the Riverside County Transportation Commission Adopting Chapter 10 of the Caltrans Local Assistance Procedures Manual Applicable to Federally Funded Architectural and Engineering Services Procurements". 6D. STATE AND FEDERAL LEGISLATIVE UPDATE Receive and file an update on state and federal legislation. 6E. CHANGE ORDER TO AMEND THE INTERSTATE 15 EXPRESS LANES PROJECT TOLL SERVICES AGREEMENT WITH KAPSCH TRAFFICCOM USA TO PROVIDE MAINTENANCE SERVICES AND IMAGE REVIEW SERVICES FOR THE 91 EXPRESS LANES ROADSIDE SYSTEM 1) Approve Change Order No. 23 to Agreement No. 16-31-043-00 for the Interstate 15 Express Lanes Project (1-15 ELP) with Kapsch TrafficCom USA Inc. (Kapsch) to provide five years of maintenance services for the 91 Express Lanes Roadside System and Image Review Services in an amount not to exceed $3,021,143; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the change order on behalf of the Commission. 6 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 3 6F. AMENDMENT TO THE 91 EXPRESS LANES OPERATOR AGREEMENT 1) Approve Agreement No. 13-31-105-06, Amendment No. 6 to the 91 Express Lanes Operator Agreement No. 13-31-105-00 (commonly referred to as the ORCOA), among the Orange County Transportation Authority (OCTA), the Commission, and Cofiroute USA, LLC (Cofiroute), for up to three one -month optional extension periods for an additional amount of $500,000, and a total amount not to exceed $36,507,044; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the amendment on behalf of the Commission. 6G. AGREEMENT FOR LANDSCAPE MAINTENANCE SERVICES FOR THE COMMISSION -OWNED COMMUTER RAIL STATIONS AND TOLL FACILITIES 1) Award Agreement No. 22-24-007-00 with Tropical Plaza Nursery Inc. (Tropical) for monthly routine and on -call landscape maintenance services for the Commission -owned commuter rail stations and toll facilities for a five-year term in an amount not to exceed of $3,759,000; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to the contractor under the terms of the agreement. 7. COACHELLA VALLEY -SAN GORGONIO PASS RAIL CORRIDOR PLANNING STUDY UPDATE AND AMENDMENT TO HDR ENGINEERING AGREEMENT Sheldon Peterson, Transit Manager, presented the Coachella Valley -San Gorgonio Pass Rail Corridor Service update, highlighting the following: • Program Overview — Study Area; project process; timeline for the Program Level Tier 1— draft EIS/EIR and the draft Service Development Plan • Coachella Valley Rail public outreach activities, comment distribution by local cities; summary of comments; agencies and organizations that submitted comments; master responses; comments summary; next steps; and branding Commissioner Wes Speake expressed appreciation for moving this project forward and all the positive comments. He stated several folks in the city of Corona put in comments and he received a lot of questions about it, but people are excited about the fact that they are investing in the eastern part of the County. He will be speaking to his colleagues about submitting a support letter and to support this project anyway that they can. Commissioner Waymond Fermon expressed appreciation for a great presentation and for all the hard work that has gone into this program. He stated they definitely support it in the city of Indio as they begin to open up during this pandemic and their festivals are 7 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 4 kicking off. They just had a busy weekend and there were a lot of visitors from the Inland Empire and Los Angeles County, it would have been great to see some folks jump on the rail system. He expressed to see this moving along is great and he also wanted to thank Sheldon Peterson for noting that RCTC is looking for stops in the cities of Indio and Coachella Valley. Commissioner Fermon explained that has been some of the concerns as folks have reached out to him as they look at their options and expressed appreciation to have that reiterated by Mr. Peterson. He stated to see that 42 percent of their population reached out to RCTC is great, it is showing the engagement and the importance of transportation moving forward as they continue to grow in the Eastern Valley. He thanked staff for the update and stated they are looking forward to this coming to the city of Indio, the festivals are coming back, and they want it to be easily accessible to other communities as well as get some of the folks off the streets. Commissioner Fermon stated for instance, he is traveling to Universal Studios and would prefer to jump on the train and go out to Los Angeles to enjoy the weekend. He also thanked everyone that worked on this project and stated this project has been in the incubation period long before he was on RCTC. He expressed it is great to see these processes moving along. Commissioner Lisa Middleton concurred with all the comments from Commissioners Fermon and Speake and stated this is an incredibly important project for their region. She expressed appreciation on behalf of the city of Palm Springs for the regional and countywide support this project is receiving because it is important to work together to make this happen. Commissioner Middleton asked with the infrastructure bill that has just been passed by Congress there is $66 billion in that bill related to rail projects nationwide what can they do to take advantage of what has been passed federally in order to be able to hopefully move a little more quickly with this project. They are aware that federal funding is always subject to the changes in on Administration to another and suggested the Commission needs to do everything they can to lock in support for this project moving forward to construction and completion. Anne Mayer, Executive Director, stated Congress has passed the Infrastructure Bill and it has an unprecedented amount of investment in rail - more investment that has been seen in a very long time. Staff is happy there is a bill, the President has not signed it yet and staff is evaluating the bill for details. She explained that with this Consolidated Rail Infrastructure and Safety Improvements (CRISI) program and the grant they will be submitting at the end of the month will be very critical. She expressed appreciation to Sheldon Peterson for an amazing job with coordinating with the Federal Railroad Administration (FRA) staff and have already received some really good feedback on which category RCTC should apply for and how to best position their application. They are going to try to do everything they can to try and get funding for this project and to also build additional momentum and support both in Sacramento as well as in Washington, D.C. Anne Mayer stated with this new bill it is a huge opportunity and are currently vetting it and will be back to the Commission in December with more details about the approach RCTC should take. She reiterated this is a huge opportunity and FRA is already giving RCTC 8 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 5 some really good input so that RCTC can submit the best application possible so that they can be more successful in getting that $20 million. Commissioner Jeff Hewitt stated obviously this is a project that everyone can get on board with, and it also goes ahead and unites the County as there is such a vast large county. It takes the eastern part of the county, and it unites it with not only the western side, but into Los Angeles and the Coast. Commissioner Hewitt stated it has the potential of doing something that no other rail project has done even in California. He expressed appreciation for the project and stated they need to get this into the next tier, get the financing going, and keep pushing this. He hopes someday that most of them will be able to ride that train and be able to enjoy both ways on this and it also alleviates that natural bottleneck that is in the Pass at Interstate 10 and provides for an alternate route to ride without having to drive your vehicle. Vice Chair Perez stated for all the reasons that his colleagues expressed he moved the motion. Commissioner Raymond Gregory seconded the motion. Chair Harnik expressed appreciation for everybody agreeing and thinking that this is an asset for their entire Southern California region. One of the things it does when looking at the housing starts in the cities of Banning and Beaumont and unless they start shifting their thinking in their infrastructure priorities, they can expect to start adding a lot of lanes to 1-10 and State Route 60 because there is no other way. Chair Harnik expressed this will provide that option and not only avoid spending the money on the infrastructure but additionally this is a sustainable option. This is not going to create the problems with carbons that is seen so often with the cars idling and waiting to get in and out of the valley. She expressed this is exciting and encouraged all the communities around them that they can to get those support letters into RCTC before November 12, as it is really important, and it will make a difference. M/S/C (Perez/Gregory) to: 1) Approve Agreement No. 14-25-072-07, Amendment No. 7 to Agreement No. 14-25-072-00, with HDR Engineering (HDR) related to the Coachella Valley -San Gorgonio Pass Rail Corridor Service Planning Study for an additional amount of $259,000, and a total amount not to exceed $7,175,748; 2) Authorize the Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission; 3) Approve the allocation of $259,000 in State Transit Assistance (STA) Funds from Western Riverside County's Commuter Rail Program for the Coachella Valley Rail Program (Program); 9 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 6 4) Approve adjustments to the Fiscal Year 2021/22 budget in the amounts of $259,000 each to increase STA Fund —Western County Rail transfers out and Coachella Valley Rail Fund transfers in and professional services expenditures; 5) Amend the Commission's FY 2021/22 Coachella Valley Rail Short -Range Transit Plan (SRTP); and 6) Adopt Resolution No. 21-018, "Resolution of the Riverside County Transportation Commission Approving the Allocation of State Transportation Improvement Program/Interregional Transportation Improvement Program Funding to Support the Coachella Valley San Gorgonio Pass Rail Corridor". At this time, Commissioner Matt Rahn joined the meeting. 8. CITY OF CORONA FUNDING REQUEST FOR CONSTRUCTION OF MCKINLEY STREET GRADE SEPARATION PROJECT Jillian Guizado, provided a detailed overview for the city of Corona funding request for construction of the McKinley Street Grade Separation Project. Jillian Guizado stated there was news received yesterday that the city of Corona is now requesting $9,890,000 of Measure A Western Regional Arterial (MARA) funds to complete construction of the McKinley Grade Separation. Chair Harnik clarified as presented in the agenda, staff's recommendation was for $12.94 million and asked Jillian Guizado what is the requested amount. Ms. Guizado replied the requested amount is $9,890,000. Commissioner Scott Vinton asked Ms. Guizado about some property issues that were mentioned that are being worked through and if it is about the removal of the Outback Steak House. Jillian Guizado replied she understands the Outback Steak House has already been taken care of, but the property issue she referenced, she is uncertain what she can legally say. Ms. Guizado stated what she was told by the city is that they are going toward mediation with a different property, and they have gotten into the process of being able to look at the financials of the property and that is where the increase is coming in as their books are better then what they budgeted for. Commissioner Vinton stated at the end of the Estelle Street it appears like they are still up in the air and to get down to the shopping center to the east are they ramping down with retaining walls for those other two buildings. Jillian Guizado stated she will refer to Savat Khamphou, Corona's Public Works Director, to respond. Savat Khamphou replied that Josh Cosper, Corona's Project Manager with Mark Thomas, is available to provide the details. 10 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 7 Mr. Cosper replied they are protecting all the buildings in the shopping center. He referred to the Estelle Street intersection and stated they are approximately 13 to 15 feet above existing grade as they ramp down. They did spend a lot of time making sure the right of way plan was solved and evaluated, the construction that was done to minimize the impacts to those businesses. Mr. Cosper referred to the previous question and explained they did reach a settlement and it is going to council next week on the property in question it is located at the northwest corner of McKinley and Sampson. He stated without the project financials it was impossible for them to identify what the loss of business good will was they were not available until they started mediation discussions about a month ago. Savat Khamphou stated in going back to the original question about Denny's and the Outback Steak House they demolished those two buildings in June or July 2021. It was under a separate contract, and it came under what was budgeted. He stated they made sure it was under a separate contract due to homeless issues, but that was taken care of. Commissioner Brian Berkson stated he fully supports this as it is poignant to remind the Commission the five projects that were mentioned, if those funds do not get used by the middle of June 2023 they disappear. He explained the original amount that was funded by the state that money would disappear if this project were not completed, and it is the same for the other four projects that were mentioned. Commissioner Berkson expressed it is a hugely important thing to not let this opportunity escape them and any grade separation is key to eliminating additional pollution also expediting police and emergency service vehicles. It is a small funding gap compared to the project at large and he reiterated that he supports this. Commissioner Wes Speake expressed appreciation to the Commissioners that spoke up in favor of the project and stated this is not only a hugely important project to the city but just from a public safety standpoint as there have been a number of deaths in that area. He stated it would never get completed, it is a very complicated project and expressed gratitude to RCTC and the County for assisting the city of Corona for 18 months where they did a valued engineering exercise and it saved them almost $20 million. Commissioner Speake explained they are pushing hard and want to make sure this money is spent, that they are good stewards of the state's money, and to show that the County is ready to do a project like this, keep them at budget and completed on time. He hoped that they had answered all the Commissioners questions and stated that the team has been working really hard and was disappointed to see the estimate come in a lot higher, but with construction costs and everything else going up they were kind of anticipating it. Commissioner Speake thanked the Commission for considering this and with that he moved staff's recommendation. At this time, Commissioner Jeremy Smith left the meeting. 11 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 8 At this time, Lisa Mobley, Administrative Services Manager/Clerk of the Board verified that the motion is for the revised amount that Jillian Guizado noted, which is $9,890,000. Commissioner Speake replied yes. M/S/C (Speake/Spiegel) to: 1) Approve programming up to $9,890,000 of 2009 Measure A Western County Regional Arterial (MARA) funds for the city of Corona's McKinley Street Grade Separation project; 2) Approve Agreement No. 22-72-025-00 between the Commission and the city of Corona (Corona), as the lead agency for the project, for the programming of up to $9,890,000 of MARA for the construction phase of the McKinley Street Grade Separation project; and 3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement. 9. AB 361 DETERMINATION Steve DeBaun, Legal Counsel, provided a detailed overview for the AB 361 determination. If approved the findings will cover any Committees meeting during the following 30 days. In months where Board meetings are canceled Committees will make the findings themselves, and finally the findings expire after 30 days so during subsequent Board meetings the Board may be asked to re -adopt those findings. Amie Kinne, resident, expressed understanding the value of having remote meetings but there are some downfalls. She stated at the beginning of this meeting she was trying to make a comment and had technical difficulties, switched devices and now she is able to comment. Ms. Kinne expressed it can be frustrating and it feels as a member of the public it can be a little more intimidating to be on a Zoom meeting then being there in person. She stated if there was an in -person Commission meeting today she would have asked about the notice of intent to circulate that petition about getting a sales tax increase for RCTC through the Riverside County Good Roads Traffic Relief Ordinance that was brought to their attention by Commissioner Kevin Jeffries awhile back when it was posted as a public notice. Ms. Kinne expressed not having an opportunity to ask for more information because of her having technical difficulties and as a member of the public she prefers to attend meetings in person. Commissioner Ted Hoffman stated that they just went through this with the Riverside Transit Agency (RTA) and their meetings so he glad that this is coming out. He concurred with Ms. Kinne that the public needs to be heard and Zoom is not the way to do it. Commissioner Hoffman stated the RTA Board determined that all the subcommittees met stayed virtual because it has been easy for them and the main body went to in person, which is what he would prefer for RCTC. He misses being in person with the other 12 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 9 Commissioners and having that interaction although virtual makes it very convenient because after this meeting he can go back to work. He expressed that is not the point as to why they are on these Commissions, they are there to listen and he believes the public and their constituents are suffering by not having an in -person meeting. Commissioner Hoffman stated their city council had in person meetings and they did what they could during this pandemic to ensure their safety and restricting the amount of people coming into the rooms, but at the same time they let the people be heard. He reiterated it is important that if nothing else for the main body of this Commission that they have in person meetings for the sake of once of month letting the public come. Commissioner Dana Reed suggested allowing Anne Mayer, Executive Director, to respond to Ms. Kinne's question about the initiative, because it is important to clear the air as to what the Commission's role is and asked if the Chair concurred. He then explained the matter before them is simply allow the Commission to meet by zoom, he does not believe it requires them to meet by zoom, it would be up to the Executive Committee to decide whether the Commission is in person or not. Commissioner Reed stated as someone that needs to travel a rather long distance to get to the meetings and he was aware when he became a Commissioner, this is infinitely easier, because it would take two or two and a half hours just to get back to the desert. He stated Commissioner Joey DeConinck is out in Blythe and it probably takes him most of the day to travel back and forth to the Commission meeting. It is not the same as the city council where they are only a half mile or a mile from city hall, they are hundreds of miles in round trip. Commissioner Reed suggested maybe the solution is to have a public meeting where the public can go into the Board Room and talk to the Commissioners virtually where they do not have to be there, but the public can come in and use the Board Room to zoom could be a solution. He stated the issue before the Commission today is not whether to zoom or not to zoom it is to give the Commission authority to zoom if they decide to zoom. Commissioner Chuck Conder concurred and expressed appreciation for Commissioner Hoffman's comments as this is public service not public convenience. He stated for a state of emergency to occur there is going to be an overwhelming of basic services which has not occurred for well over a year, so they need to get back to in person meetings. He suggested if they want to have a hybrid meeting where some choose to zoom they can discuss that but they need to be in person and have eye to eye contact with the people that they represent. Commissioner Conder concurred with getting back into the Board Room and get together and if there are a few that cannot make it then they should have a hybrid meeting. Commissioner Kevin Jeffries had a similar comment to Commissioner Conder's comment about supporting a hybrid approach for those colleagues having to travel great distances. In looking at today's Commission agenda with a few exceptions it is pretty light, and it should not be expected to have someone travel several hours for a light agenda. When they do have substantive issues that will have significant debate in the future it is best to 13 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 10 go face to face with the public so they can fully appreciate the discussions that are occurring. He supports a hybrid approach for this Commission. Commissioner Chuck Washington stated his comments will be similar to Commissioner Reed's comments as he finds it interesting that the folks that live closer in proximity to where this meeting would occur if it was in person want the in person and those perhaps that live farther away are happy with the opportunity to do this virtually. Each Commissioner that serves on this Commission representing another agency whether it be a city or the County and, in that role, he believes all of them do their hardest to be in person at their meetings hearing what their constituents have to say. Commissioner Washington stated he is not sure that he is missing out on anything by hearing them virtually because he hears them plenty at the Board of Supervisors meetings and he stays in touch with his city council folks as well when they have concerns. He reiterated that he is not sure he is missing out on much unless this is a philosophical issue where someone would want to maybe make a case for then they should just be doing meetings in person. Commissioner Raymond Gregory stated he does not disagree with the discussion that has gone on and there is value to be able to see participants and commenters face to face, but he also does not want to lose the fact that not everyone either feels comfortable or is it safe for them to get into crowded spaces yet. He suggested if the meeting is situated to where they have to come and speak face to face to comment or maybe a Commissioner may have some qualms about that, so if they go so that everything has to be in person they are also leaving out a segment of the population that may want to participate. Commissioner Gregory stated if they have to weigh it and it has to be one or the other then they should want to enable the ability to have zoom meetings so that everyone can participate and perhaps they can work out their technology issues for the meeting. He is uncertain if a hybrid meeting is possible under AB 361 although that would take care of both concerns. Commissioner Ted Weill concurred with Commissioner Dana Reed's comments and stated a perfect example for today it is a convenience as he has a meeting scheduled after this meeting. He explained that he would not have been able to attend this important meeting, which involves planning for their city he would have to miss one or the other if he drove to Riverside. Commissioner Weill stated this enables him to attend both meetings as he does not think there is a lot lost as a result of the remote connection. He endorses the idea of having a hybrid existence for the remote availability. Commissioner Bill Zimmerman asked why it is a resolution that is only 30 days at a time and is there something they can do to extend the ability longer with one decision. Steve DeBaun replied unfortunately the way AB 361 is written the findings only lasts for 30 days and every 30 days the findings need to be remade, so there is no way to extend the term of the resolution. In response to Commissioner Zimmerman's clarification the Commission will be revisiting this at each meeting, Steve DeBaun replied that is apparently the Legislature's desire at this time. 14 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 11 Commissioner Michael Vargas clarified because they all belong to a variety of committees including their council that they sit on he seems to be getting a different variation of this bill and different opinions. One is if they do create this resolution then they all have to all go to virtual meetings only. He stated the city of Perris facilitated the resolution only in the fact if someone is out sick or cannot make it in, they can zoom in, but they still manage their council meetings at the Dias. At this time, Commissioner Linda Molina joined the meeting. Steve DeBaun expressed understanding this can be frustrating for Commissioners and public officials in general to hear different opinions on this bill as it is very poorly drafted. He replied the interpretation that Commissioner Vargas is describing requiring either one or the other is not an interpretation that he agrees with. In looking at the legislative findings surrounding the bill it supports the idea that the meetings can be either virtual, in person, or a hybrid. It is his interpretation that a hybrid meeting is permitted under AB 361. Commissioner Jeff Hewitt expressed appreciation for Commissioner Vargas' comments as he was going to bring up that same issue. He stated hybrid is a win for everyone, because if the public wants to come in here and present their concerns to a group there is enough Commissioners that lives close to Downtown Riverside area that do not have a problem getting here. He does understand where it really feeds into a lot of people further out or maybe do not feel well that day and wants to partake in the meeting. Commissioner Hewitt stated he missed out on a Local Agency Formation Commissions (LAFCO) meeting because of this very same issue and suggested it will not be really settled until somebody tests it with a lawsuit. He explained that if it is defined of having to be all of one or all of the other then everything they discuss will be thrown out of that meeting and asked legal counsel about getting more information and suggested a hybrid meeting is a win for everybody. Chair Harnik noted being in meetings that are hybrid as they did at Southern California Association of Governments (SCAG) and she asked legal counsel or the clerk of the board if they can have closed session in a hybrid meeting. Steve DeBaun replied closed session in a hybrid, yes. In response to Chair Harnik's clarification if they have the capability, Lisa Mobley, Administrative Services Manager/Clerk of the Board, replied when they would be hybrid, they would be in the Supervisors Board Room working with the County IT staff in order to make that happen. Commissioner Washington concurred and stated the Board of Supervisors have done that where they had closed session where not all members are not actually in person. 15 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 12 Commissioner Kathleen Fitzpatrick stated not to pile on all the Coachella Valley people saying hybrid is the best way to go. She explained having the unfortunate opportunity to be able to participate in a council meeting from a remote location two weeks ago because she had a family emergency across the country and it was really good to be able to do what the people elected her to be able to do from a remote location. This was without having to go through all the parameters and constraints in past when having to post her location and having the ability to have people show up at her doorstep. Commissioner Fitzpatrick stated hybrid has given them the opportunity to move forward in a future where they can do things more efficiently and it does allow them to be able to as Commissioner Weill indicated be able to participate in multiple of meetings in a clear concise way and serve their public better and she whole heartedly supports this. Commissioner Brian Berkson concurred with a hybrid scenario and asked technologically speaking in being involved in some of these remote meeting and they are trying to do a hybrid. The problem he experienced is when they are doing both in person and zoom there is a delay. He explained at their city council meetings for the first time last week had a zoom portion of their meeting and the people that were on the zoom were about 30 seconds delayed, so every comment had to be waited for to let somebody respond so that period of time was extremely lengthy just to get a normal conversation out. He asked RCTC or to the Board of Supervisors County IT if there will be a legitimate hybrid meeting that will not cause all of these additional delays. Commissioner Chuck Conder stated their city council has been having hybrid meetings for awhile and it does work. He noted Commissioner Berkson is correct, there is a slight delay but that normally is only maybe 10-12 seconds. Commissioners Hewitt, Jeffries, Vargas, and himself sit on the Joint Powers Authority and they do have virtual closed sessions where they are moved into breakout rooms and it has worked well. He is aware the Board of Supervisors County IT will be able to help with that as it is easy to do and whether it is acquired at this time or not. He then made the motion to move forward on AB 361 with a hybrid as long as they can. Commissioner Alonso Ledezma seconded the motion. Commissioner Washington stated out of the last three or four meetings Supervisor Karen Spiegel has conducted their Board of Supervisor meetings with one of their colleagues and she may have an opinion about whether there was a delay involved or if it interfered with a smooth running of the meeting. There did not seem that Supervisor Spiegel was having any problems with having one of their colleagues away from the dais. He wanted to make a motion, he supports a hybrid, but is concerned if what the Commission actually needs is a motion to adopt Resolution No. 21-020 and then provide direction on whether to continue holding virtual meetings is what is on the agenda and he asked for clarification on that second part. 16 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 13 Steve DeBaun stated as he understood the motion it was to approve the resolution allowing virtual meetings and providing direction to staff to implement that for hybrid meetings for the Commission meetings. If that is correct, then this could be used as the motion. Commissioner Conder concurred. Anne Mayer expressed appreciation for the conversation and direction as they certainly can make hybrid meetings work. She stated the Commission had a hybrid meeting in June 2020 and it worked just fine the only area is they would have to work with County IT on the closed sessions and some Commissioners may have to move to a different room, but she is confident they can make that work. She asked for clarification about hearing the mention of having the committees stay on zoom and only have the Commission meetings as a hybrid. She expressed appreciation for the Commissioners to continue to pass that resolution and staff will bring it to the agenda every Commission meeting. It is a good backstop for them in that for some reason they had to quickly convert to an all virtual meeting they would have the authority to do that. Chair Harnik noted there is a long list of clarifications on the committees from the maker of the motion. She asked if it is possible to put this item on the consent calendar so they can move along and if someone needs to pull it for discussion, they have that option. Steve DeBaun replied it is his recommendation that for future meetings the item be placed on the consent calendar so that a finding is made at the beginning of the meeting. Commissioner Vargas suggested that each committee should make their own resolution if they want to follow this AB 361 and they should not dictate for all of the committees and asked legal counsel. Chair Harnik noted although it is poorly worded or drafted if AB 361 can speak to that issue in anyway. Steve DeBaun replied yes. He stated it is their interpretation that it is the governing body of the organization that makes the actual legal finding under AB 361. For instance, if the Commission adopts AB 361 today that would cover any committee meeting at the end of November 2021 and the Commission would not need to make the AB 361 finding during those committee meetings. He explained whether they want to have an individual policy discussion about continuing to hold the committee meetings virtually or not that is certainly fine to do. Commissioner Reed asked if Ms. Kinne's question will be answered about the initiative before the meeting is over. 17 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 14 Chair Harnik asked since this is not the agenda item if it would be appropriate for Anne Mayer to address that in the Executive Director Report Item. Steve DeBaun replied that would be his direction because it is not on the agenda. Chair Harnik noted to Ms. Kinne that there will be some direction for her soon. Commissioner Lisa Middleton wanted to address the question from Anne Mayer about the committees and asked the maker of the motion if he is willing to accept that committees continue to be held virtually unless the committee decides there is a specific need for them to have a specific meeting in person. Commissioner Conder concurred. Chair Harnik asked for clarification that this is really keeping the Commissions options open. Steve Debaun stated it does keep the options open. Commissioner Karen Spiegel asked for further clarification as she did not hear the response. Steve DeBaun replied the adoption of the resolution would be for the entire organization. He stated the friendly amendment was to state that the committees were going to continue to meet virtually unless the committee makes an affirmative finding that they do not want to meet virtually for a particular meeting. In response to Commissioner Conder's clarification with Commissioner Middleton that was correct, Commissioner Middleton replied that was correct and there could turn out to be a situation where a committee thinks it is important to meet on a specific issue in person. Commissioner Middleton does not want them to have to come back to the fully body in order to get permission to have that meeting in person. Chair Harnik asked since it is the governing body of the organization that is making the motion and the motion says that they are keeping their options open, if the friendly amendment is necessary. Steve DeBaun stated legally he does not think it is necessary, but it provides direction to staff should that issue come up as how to address it. Anne Mayer noted as Steve DeBaun stated it is not a legal issue it is that staff needs direction as to whether or not they are holding meetings virtually as opposed to hybrid. She stated it is important that the public should be able to know whether RCTC is holding meetings virtually or hybrid. Chair Harnik clarified the Commissioners will vote unless Commissioner Spiegel had additional comments or questions. Commissioner Spiegel stated that she and Commissioner Hoffman attended the RTA meeting with several other people and the discussion came around that this resolution is because of the pandemic and if they keep talking about convenience, they are violating what this whole purpose is. She expressed they have to be careful with this conversation because it is exactly for what was mentioned that if there is a breakout or there was no quorum then they could all meet virtually. She expressed that they need to focus on what the purpose of this is and that is for the sake of people that may feel uncomfortable coming back and that is what this is about. 18 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 15 Chair Harnik reminded the Commissioners that somebody may have an underlying condition or may have someone at home that has an underlying condition, but this can certainly direct their vote in that way. Commissioner Hoffman asked if the motion could be re -read for clarification. Commissioner Conder stated the motion would be again to give them the option to have the hybrid meeting. That they would meet in person however if there was somebody that cannot for whatever reason make it that they have the authorization to have the option of the hybrid meeting. He noted Steve DeBaun stated it is the organization that would then determine of the different committees. Steve DeBaun clarified the motion was first to adopt Resolution No. 21-020 and then to direct staff to provide for hybrid meetings for the Commission meetings, and for the committee meetings to continue with virtual meetings subject to a decision by the committee that an in -person meeting is needed on a particular basis. At this time, Commissioner Perez left the meeting. M/S/C (Conder/Ledezma) to: 1) Adopt "Resolution No. 21-020, "Resolution No. 21-020, "A Resolution of the Board of Commissioner of the Riverside County Transportation Commission Authorizing Virtual Board and Committee Meetings Pursuant to AB 361"; and 2) Discuss and provide direction on whether to continue holding virtual meetings with the flexibility to revisit the matter on a monthly basis. 10. ITEM(S) PULLED FROM CONSENT CALENDAR FOR DISCUSSION There were no items pulled from the consent calendar. 11. EXECUTIVE DIRECTOR'S REPORT 11A. Anne Mayer announced: • The California Transportation Commission (CTC) will be holding a hybrid meeting in the Board Room on December 8 and 9. • Caltrans Director Toks Omishakin has accepted an invitation from RCTC to provide an update at the December Commission meeting. In response to Chair Harnik's question, Anne Mayer replied the CTC meeting will not start until 1:00 p.m. on December 8 but their agenda has not yet been published but that is their typical start time. 19 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 16 Anne Mayer stated to the question that was raised by Ms. Kinne, in October 2021 an email was sent to all of the Commissioners that a notice had been published in the Press Enterprise and it was a notice of intent to circulate a petition to gather signatures for a citizens initiative related to roads and other transportation related investments. It is a citizens and stakeholders group conducting that effort and they did not know in advance it was going to be published at that time. She expressed this is not an RCTC effort that this Board will be weighing in on, there are no decisions for this Board to make as it is a private effort and there are no RCTC resources being used related to this initiative and staff are not involved. She stated whether or not they gather the signatures and proceeds is unknown but as it evolves and as additional information becomes available they will share with the Commission. 12. COMMISSIONER COMMENTS 12A. Commissioner Middleton reminded the Commissioners that the city of Palm Springs Veterans' Day Celebration Parade will be held on November 11 at 3:30 p.m. 12B. Commissioner Vinton stated the city of Murrieta has their Veterans' Day Parade on November 11 and their Field of Honor with 2021 American Flags in Town Square Park. 12C. Commissioner Conder stated every year at the National Cemetery they put a flag for every hero on every grave and on November 13 it will be the take down. There are over 250,000 flags that needs to be moved and put away. 12D. Commissioner Hoffman expressed Happy Birthday to all of his Marine Corps friends and to all the fellow veterans to have a Happy Veterans' Day. At 10:00 a.m. on November 11 at Eagles Park there will be a Veterans' Day Ceremony and they will enshrine USMC Lance Corporal Kareem Nikoui. 12E. Chair Harnik stated at one point they did not celebrate it because it was not the war to end all wars, but it certainly is the day to say thank you and remember. She wished everyone a wonderful Thanksgiving. 20 Riverside County Transportation Commission Meeting Minutes November 10, 2021 Page 17 13. ADJOURNMENT There being no further business for consideration by the Riverside County Transportation Commission, Chair Harnik adjourned the meeting at 11:01 a.m. The next Commission meeting is scheduled to be held at 9:30 a.m., Wednesday, December 8, 2021. Respectfully submitted, Lisa Mobley Administrative Services Manager/ Clerk of the Board 21 AGENDA ITEM 6C RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Lisa Mobley, Administrative Services Manager/Clerk of the Board THROUGH: Anne Mayer, Executive Director SUBJECT: Proposed 2022 Commission/Committee Meeting Schedule STAFF RECOMMENDATION: This item is for the Commission to adopt its 2022 Commission/Committee Meeting Schedule. BACKGROUND INFORMATION: The Commission is scheduled to meet on the second Wednesday of each month at 9:30 a.m. The Executive Committee is scheduled at 9:00 a.m. on the same day. The Commission's Budget and Implementation and Western Riverside County Programs and Projects Committees meet on the fourth Monday of each month at 9:30 a.m. and 1:30 p.m., respectively, except when the fourth Monday falls on a holiday. Due to the September and December Committee meetings falling on holidays, they are not being scheduled. Additionally, the Toll Policy and Operations Committee meets on the fourth Thursday of the months of February, May, August, and November at 11:00 a.m., except when the fourth Thursday falls on a holiday. There are times when a committee meeting may be cancelled due to lack of substantive agenda items. When this occurs, the Commissioners will be notified, and items are forwarded directly to the Commission for final action. Attachment: Proposed 2022 Commission/Committee Meetings Schedule Agenda Item 6C 22 RIVERSIDE RCTC COUNTY 2022 MEETING SCHEDULE TRANSPORTATION COMMISSION Meeting Date (Wednesday) Commission Location Executive Committee Location January 12 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* February 9 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* March 9 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* April 13 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* May 11 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* June 8 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* July 13 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* August 10 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* September 14 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* October 12 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* November 9 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* December 14 9:30 a.m. Board Room* 9:00 a.m. RCTC March Field Conf. Rm.* The Commission and the Executive Committee meetings are held on the second Wednesday of each month. 2022 RCTC Meeting Schedule — V1 23 Meeting Date (Monday) Budget and Implementation Committee Western Riverside County Programs and Projects Committee Location January 24 9:30 a.m. 1:30 p.m. Board Room* February 28 9:30 a.m. 1:30 p.m. Board Room* March 28 9:30 a.m. 1:30 p.m. Board Room* April 25 9:30 a.m. 1:30 p.m. Board Room* May 23 9:30 a.m. 1:30 p.m. Board Room* June 27 9:30 a.m. 1:30 p.m. Board Room* July 25 9:30 a.m. 1:30 p.m. Board Room* August 22 9:30 a.m. 1:30 p.m. Board Room* October 24 9:30 a.m. 1:30 p.m. Board Room* November 28 9:30 a.m. 1:30 p.m. Board Room* The meetings of the Budget and Implementation Committee and the Western Riverside County Programs and Projects Committee are held on the fourth Monday of each month, except on holidays. Meeting Date (Thursday) Toll Policy and Operations Committee Location February 24 11:00 a.m. Riverside — RCTC March Field Conf. Rm.* May 26 11:00 a.m. August 25 11:00 a.m. The meetings of the Toll Policy and Operations Committee are held quarterly on the fourth Friday of the months of February, May, August, and November, except when the fourth Thursday falls on a holiday. 2022 RCTC Meeting Schedule — V1 24 AGENDA ITEM 60 RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Audit Ad Hoc Committee Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer, Executive Director SUBJECT: Fiscal Year 2020/21 Commission Audit Results AUDIT AD HOC COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Receive and file the Fiscal Year 2020/21: a) Annual Comprehensive Financial Report (ACFR); b) Local Transportation Fund (LTF) Financial and Compliance Report; c) State Transit Assistance (STA) Fund Financial and Compliance Report; d) State of Good Repair (SGR) Fund Financial and Compliance Report; e) Proposition 1B Rehabilitation and Security Project (Proposition 1B) Accounts Financial and Compliance Reports; f) Low Carbon Transit Operations Program (LCTOP) Account Financial and Compliance Reports; g) Single Audit Report; h) RCTC 91 Express Lanes Fund Financial Report; i) 15 Express Lanes Fund Financial Report; j) Auditor Required Communications Report; k) Agreed -Upon Procedures Report related to the Appropriations Limit Calculation; I) Agreed -Upon Procedures Report related to the Commuter Assistance Program (CAP) incentives; and m) Management certifications. BACKGROUND INFORMATION: In March 2020, the Commission approved an agreement with Eide Bailly LLP (Eide Bailly) to perform the annual audit of the Commission's financial statements included in the ACFR; financial and compliance audits for LTF, STA, SGR, Proposition 1B, and LCTOP; audit of the RCTC 91 Express Lanes and 15 Express Lanes financial statements; and federal awards. Additionally, Eide Bailly performs agreed -upon procedures related to the annual Appropriations Limit Calculation and the CAP incentives and a review of compliance with commercial paper debt covenants. The audits, compliance procedures, and agreed -upon procedures for the fiscal year ended June 30, 2021, have been completed, and Eide Bailly issued all reports. Agenda Item 6D 25 The Commission's ACFR consists of three sections: introductory, financial, and statistical. While the introductory and statistical sections were not audited by Eide Bailly, the financial section included basic financial statements which were audited by Eide Bailly. The Commission received an unmodified opinion on its basic financial statements from Eide Bailly, which is the highest form of assurance. Limited procedures were performed related to the required supplementary information, including Management's Discussion and Analysis section; such information was not audited. The other supplementary information was subject to the auditing procedures applied in the audit of the basic financial statements, and, in the opinion of the auditors, it is fairly stated in relation to the basic financial statements. The basic financial statements include government -wide financial statements, fund financial statements, and notes to the financial statements. Management's Discussion and Analysis section provides a narrative overview and analysis of the Commission's financial activities for the fiscal year. Financial highlights and significant matters of the basic financial statements include: • Net position of approximately $682 million at June 30, 2021, compared to approximately $440 million at June 30, 2020, reflects a net increase of approximately $242 million from governmental and business -type activities. • The net increase in net position consists of approximately $20 million from governmental activities and $222 million from business -type activities. • Governmental fund balances of approximately $969 million at June 30, 2021, compared to approximately $810 million at June 30, 2020, represent an increase of approximately $158.5 million from the prior year. The audit reports related to the separately issued financial statements of the LTF, STA, SGR, Proposition 1B, and LCTOP also reflect unmodified opinions from Eide Bailly. These financial statements are required to be issued separately under the Transportation Development Act (TDA) and the provisions for Proposition 1B and LCTOP; however, the LTF, STA, and SGR financial position and operations are included in the fund financial statements in the ACFR. The Proposition 1B and LCTOP financial position are part of the Measure A Western County Commuter Rail and Coachella Valley Rail special revenue funds and the General fund, respectively. These reports noted no matters considered to be a material weakness in internal control and no instances of noncompliance. The 2021 Single Audit Report includes the reports on compliance and internal control over financial reporting and over federal awards. These reports noted no matters considered to be a material weakness in internal control and no instances of noncompliance. The RCTC 91 Express Lanes Financial Report consists of the Independent Auditors' Report, Management's Discussion and Analysis, and Financial Statements, including Notes to Financial Statements. Financial highlights include a net deficit of approximately $285 million, which consisted of: Agenda Item 6D 26 • Net investment (deficit) in capital assets of approximately ($333 million) reflecting toll -supported debt in excess of capital assets; and • Restricted net position of approximately $48 million for toll operations in accordance with debt indentures and agreements. The deficit in net investment in capital assets will be reduced by future toll revenues for the payment of outstanding toll debt obligations. The 15 Express Lanes Financial Report is the first report for the new express lane operations that commenced in April 2021. The report consists of the Independent Auditors' Report, Management's Discussion and Analysis, and Financial Statements, including Notes to Financial Statements. Financial highlights include a net position of approximately $231 million, which consisted of: • Net investment in capital assets of approximately $224 million reflecting capital assets in excess of toll -supported debt; and • Restricted net position of approximately $7 million for toll operations in accordance with debt indentures and agreements. As a result of the establishment of the commercial paper program in March 2005, the bank reimbursement agreement requires a report from the auditor regarding compliance with certain covenants. The report issued by Eide Bailly indicated that nothing came to the auditor's attention that caused the auditors to believe the Commission failed to comply with these covenants. A management letter usually includes recommendations for improvements and operational efficiencies related to the internal control and other matters notes during the audit. Eide Bailly did not have any recommendations or comments on other matters; therefore, it did not issue a management letter. The Appropriations Limit Calculations and CAP reports are based on specific procedures agreed to by the Commission. For the Appropriations Limit Calculation and CAP, the auditors noted no exceptions or findings related to the procedures performed. As required by American Institute of Certified Public Accountants Auditing Standards Board Statement No. 114, The Auditor's Communications With Those Charged with Governance, the Commission's auditor is required to make certain annual communications to the Commission's Audit Ad Hoc Committee, or its equivalent, regarding the audit of the Commission's financial statements following the completion of the audit. Eide Bailly completed the annual audit for FY 2020/21 in October 2021. The report to the Audit Ad Hoc Committee from the auditor contains the required communications about the audit. As part of the development of the Commission's Accountability Program, the directors have completed certifications relating to financial reporting and operational disclosures. Agenda Item 6D 27 Attachments: 1) 2021 Comprehensive Annual Financial Report 2) 2021 Local Transportation Fund Financial and Compliance Report 3) 2021 State Transit Assistance Fund Financial and Compliance Report 4) 2021 State of Good Repair Fund Financial and Compliance Report 5) 2021 Proposition 1B Rehabilitation and Security Project Accounts Financial and Compliance Reports 6) 2021 Low Carbon Transit Operations Program Account Financial and Compliance Reports 7) 2021 Single Audit Report 8) 2021 RCTC 91 Express Lanes Fund Financial Report 9) 2021 15 Express Lanes Fund Financial Report 10) 2021 Commercial Paper Compliance Report 11) 2021 Reports to the Audit Ad Hoc Committee (Financial Statements Audit and Single Audit) 12) 2021 Agreed -Upon Procedures Report related to the Appropriations Limit Calculation 13) 2021 Agreed -Upon Procedures Report related to the Commuter Assistance Program incentives 14) 2021 Executive Director and Chief Financial Officer Certification 15) 2021 Director's Certification 16) Auditor's Presentation to the Audit Ad Hoc Committee Agenda Item 6D 28 ATTACHMENT 1 Riverside County Transportation Commission Riverside County, California Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2021 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Intentionally left blank 30 Riverside County Transportation Commission Riverside County, California Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2021 Submitted By: Theresia Trevino, Chief Financial Officer Michele Cisneros, Deputy Director of Finance 31 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Contents Introductory Section Letter of Transmittal Organization Chart List of Principal Officials and Management Staff x xi Financial Section Independent Auditor's Report Management's Discussion and Analysis Basic Financial Statements Government -wide Financial Statements Statement of Net Position Statement of Activities Fund Financial Statements Governmental Funds 1 3 17 18 Balance Sheet —Governmental Funds 19 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position 22 Statement of Revenues, Expenditures and Changes in Fund Balances —Governmental Funds 23 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities 26 Proprietary Fund Statement of Fund Net Position 27 Statement of Revenues, Expenses and Changes in Fund Net Position 28 Statement of Cash Flows 29 Notes to Basic Financial Statements 31 Required Supplementary Information Budgetary Comparison Schedules General Fund 69 Major Special Revenue Funds 70 Schedule of Proportionate Share of Net Pension Liability 73 Schedule of Pension Contributions 74 Schedule of Changes in the Net OPEB Liability (Asset) and Related Ratios 75 Schedule of OPEB Contributions 76 Notes to Required Supplementary Information 77 Other Supplementary Information Nonmajor Governmental Funds Combining Balance Sheet 79 Combining Statement of Revenues, Expenditures and Changes in Fund Balances 81 Schedule of Revenues, Expenditures and Changes in Fund Balances —Budget and Actual: Nonmajor Special Revenue Funds 83 Capital Projects Funds 87 Debt Service Fund 88 Schedule of Expenditures for Local Streets and Roads by Geographic Area—AII Special Revenue Funds 89 Schedule of Expenditures for Transit and Specialized Transportation by Geographic Area and Source —All Special Revenue Funds 90 Schedule of Uses of Debt Proceeds and Fund Balances 91 33 Contents, Continued Statistical Section Statistical Section Overview Primary Government Net Position by Component Changes in Primary Government Net Position Fund Balances of Governmental Funds Changes in Fund Balances of Governmental Funds Sources of County of Riverside Taxable Sales by Business Type Direct and Overlapping Sales Tax Rates Principal Taxable Sales Generation by City Measure A Sales Tax Revenues by Program and Geographic Area Measure A Sales Tax by Economic Category Measure A Revenues and Pledged Revenue Coverage Ratios of Outstanding Debt by Type Computation of Legal Debt Margin Demographic and Economic Statistics for the County of Riverside Employment Statistics by Industry for the County of Riverside Full-time Equivalent Employees by Function/Program Operating Indicators Capital Asset Statistics by Program 92 93 95 99 101 103 105 106 107 105 109 110 113 115 116 117 119 121 34 Introductory Section BLANK - BACK OF INTRODUCTORY DIVIDER 36 October 29, 2021 To the Riverside County Transportation Commission Commissioners and Citizens of the County of Riverside: Letter of Transmittal State law requires that the Riverside County Transportation Commission (Commission or RCTC) publish within six months of the close of each fiscal year a complete set of financial statements presented in conformity with accounting principles generally accepted in the United States (GAAP) and audited in accordance with generally accepted auditing standards by independent certified public accountants. Pursuant to that requirement, we hereby issue the Comprehensive Annual Financial Report (Annual Report) of the Commission for the fiscal year ended June 30, 2021. Management assumes full responsibility for the completeness and reliability of all of the information presented in this report, based upon the Commission's comprehensive framework of internal controls established for this purpose. Because the cost of internal control should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. Eide Bailly LLP has issued an unmodified opinion on the Commission's financial statements for the year ended June 30, 2021. The independent auditor's report is located at the front of the financial section of this report. Management's Discussion and Analysis (MD&A) immediately follows the independent auditor's report and provides a narrative introduction, overview, and analysis of the basic financial statements. MD&A complement this letter of transmittal and should be read in conjunction with it. Profile of RCTC's Governance and Responsibilities State law established the Commission in 1976 to oversee the funding and coordination of all public transportation services within the county of Riverside (County). The Commission's mission is to assume a leadership role in improving mobility in Riverside County and to maximize the cost effectiveness of transportation dollars in the County. The governing body is the Board of Commissioners (Board), which consists of all five members of the County Board of Supervisors, one elected official from each of the County's 28 cities, and one non -voting member appointed by the Governor. The Commission is responsible for setting policies, establishing priorities, and coordinating activities among the County's various transportation operators and agencies. The Commission also programs and/or reviews the allocation of federal, state, and local funds for highway, transit, rail, non -motorized travel (bicycle and pedestrian), and other transportation activities. The Commission has developed two express lanes projects; the RCTC 91 Express Lanes opened in March 2017, and the 15 Express Lanes opened in April 2021. The Commission also serves as the tax authority and implementation agency for the voter -approved Measure A Transportation Improvement Program, which imposes a half -cent sales tax to fund transportation improvements. Originally approved in 1988 (1989 Measure A), Riverside County's voters in 2002 approved a 30 -year extension of Measure A commencing July 1, 2009 through June 30, 2039 (2009 Measure A). The Commission is also legally responsible for allocating Transportation Development Act (TDA) funds, the major source of funds for transit in the County. The TDA provides two major sources of funding: Local Transportation Fund (LTF), which is derived from a one -quarter cent state sales tax, and State Transit Assistance, which is derived from the statewide sales tax on gasoline and diesel fuel. 3i7 IURUPA VALLE RIVERSIDE EASTVALE NORCO CORONA MORENO VALLEY Alessoedro Blvd. Von Buren Blvd. (Oka Rood PERRIS CANTON MENIFEE LAKE LAKE ELSINORE MURRIETA WILDOMAR TEMECULA €ALIMESA BANNING BEAUMONT DESERT HOT SPRINGS PALM SPRINGS CATHEDRAL CITY RANCHO MIRAGE PALM DESERT INDIAN WELLS ft 1, l.r LAOUINTA COACHELLA HD.S.1 BLYTHE INDIO r Additionally, as the Service Authority for Freeway Emergencies (SAFE), the Commission provides motorist aid services designed to enhance safety and traffic flow. These services include emergency call boxes along rural highways and the Freeway Service Patrol (FSP), a roving tow truck service to assist motorists with disabled vehicles on the main highways of the County during peak rush hour traffic periods. The motorist aid program also includes the operation of the Inland Empire 511 (1E511) system which provides comprehensive real time traveler information for freeways, bus and rail transit, and rideshare services. All services are provided at no charge to motorists and are funded through a $1 surcharge on vehicle registrations; FSP also receives state allocations. The Commission is financially accountable for SAFE, a legally separate entity that is blended within the Commission's financial statements. Finally, the Commission has been designated as the Congestion Management Agency (CMA) for the County. As the CMA, the Commission coordinates with local jurisdictions in the establishment of congestion mitigation procedures for the County's roadway system. The Commission is required to adopt a budget prior to the beginning of each fiscal year. The annual budget, which includes all funds, serves as the foundation for the Commission's financial planning and control regarding staffing, operations, and capital plans. The budget is prepared by fund (financial responsibility unit), department, and function. Management has the discretion to transfer budgeted amounts within the financial responsibility unit according to function. During the fiscal year, all budget amendments requiring Board approval are presented to the Board for consideration and adoption. Local Economy Any discussion of the local economy must acknowledge the current and future impacts of the COVID-19 pandemic and subsequent Delta variant wave of the virus during 2021. In Riverside County, most virus -related restrictions have been lifted; however, the pandemic continues to impact the economy — mostly on the workforce. In May 2020, Riverside County's unemployment rate hit a high of 16%. Since that time, the situation has improved and unemployment has hovered at or around 7.5% during the first part of 2021. In fact, many employers have found it challenging to hire and retain employees, which should suggest additional job growth in late 2021 and in 2022. 36 Riverside County has specific competitive advantages over nearby coastal counties (Los Angeles, Orange, and San Diego) including housing that was (and remains) more available and affordable, lower commercial real estate lease and purchase costs, and land available for development at lesser costs. Riverside County's economy has thrived, reflecting those specific competitive advantages over its neighboring counties, largely as a result of the County's continuing ability to draw jobs, residents, and affordable housing away from the Los Angeles, Orange, and San Diego county areas. As a result, the County's employment and commercial base has become more diversified, and the County's share of the regional economy has increased. So far, housing prices, property values and sales tax revenues in Riverside County remain strong and are improving. The foundation for continued economic growth during a recovery is certainly in place; although Riverside County, the state of California (State or California), and the entire nation moves forward with some uncertainty after more than a year and a half of COVID-19-related impacts. For the Commission, formidable ongoing challenges remain in terms of providing needed infrastructure enhancements to support a population and an economy that continues to outgrow the capacity of its existing infrastructure. Long-term Financial Planning Proactive financial planning is a critical element for the success of the Commission as it builds for the future. Continually reviewing projected revenues, expenditures, and expenses to actual amounts ensures that the Commission's expectations are realistic and goals are achievable. Scarce resources, especially at the state and federal level, can be directed to projects of regional significance, or, with additional funding, project priorities can be expanded to address unfunded project requirements or developing needs. Local funding, and specifically the Commission's voter -approved sales tax program (Measure A), will continue to serve as RCTC's most significant source of funding. The program funds highway, street and road, public transit, and rail projects and new transportation corridors throughout the County. The program is established in a way to ensure funding for every geographic region within the County including the Palo Verde Valley, Coachella Valley and more heavily populated area of Western Riverside County. Measure A revenues of $242.9 million exceeded the Commission's approved revised projection for FY 2020/21 in spite of COVID-related closures. For FY 2021/22, the Commission made conservative projections and will be ready to make adjustments based on actual results. At the state level, transportation funding is a source of continuing debate regarding future priorities. Sustainability has become a statewide priority and will likely impact the direction of state funding for many years. California has established a number of more predictable funding streams such as an increase in the gas tax, a cap and trade program from emissions trading, and encouragement of market -based approaches such as implementation of express lanes and toll facilities. Along with more predictable state funding, California has also approved transportation policy measures discouraging the expansion of highway capacity in favor of an added focus on public transit and active transportation. This policy direction will likely result in added costs to obtain project approvals and will require a new emphasis in funding for operations of transit services. The news on federal funding is and will continue to be uncertain until a new infrastructure bill is approved by Congress. The bill is currently in the legislative process, and there remains a great deal of uncertainty in terms of how much investment is eventually approved. In December 2015, the comprehensive transportation bill known as Fixing America's Surface Transportation Act — or FAST Act — superseded Moving Ahead for Progress in the 21st Century which originally expired in June 2014. The federal government continues to be a source of highway funding through the Surface Transportation Block Grant Program (formerly, Surface Transportation Program) and the Congestion Mitigation Air Quality program, since the FAST Act continues these programs at roughly the same funding level. Tolling is another important local funding source for the Commission, and it has been negatively impacted by the pandemic. Since RCTC's opening of the 91 Express Lanes in Corona in 2017, traffic and revenue along this highly -used corridor exceeded projections. This was disrupted late March and early April 2020, as the Commission experienced a drop in use of the RCTC 91 Express Lanes; however, the current use of the RCTC 91 Express Lanes has rebounded and is starting to meet and exceed 3i9 previous usage levels in peak periods. In addition to the RCTC 91 Express Lanes, the Commission opened the 15 Express Lanes in April 2021. This project is publicly known as the Riverside Express, and the new facility is generating more than 450,000 tolled trips per week. In looking to future funding decisions, providing and ensuring equity to all will be an increasingly important priority and responsibility for every transportation agency. Riverside County is home to a wide array of communities with differing needs. RCTC will place a special emphasis on public outreach and policy direction with equity in mind to serve the entire county, including disadvantaged communities that need targeted transportation investments to serve the public and to grow and thrive. Capital Project Delivery and Implementation — Critical Workers Delivering Needed Infrastructure The Capital Project Development and Delivery Department is responsible for major highway and rail capital projects from initial environmental study through preliminary engineering, final design, right of way acquisition, and construction. The Commission is currently in the midst of an unprecedented era of transportation investment in Riverside County. The results can be seen with numerous projects under construction, increasingly popular and successful transit service, and promises of more on the way in the near future. There is also a number of notable completed projects — providing tangible examples of the Commission completing promises that were made to voters who approved Measure A. The Commission has developed a track record of success, which is taking shape throughout the County as evidenced in the following project types. Progress Continues At the beginning of the pandemic -related shutdowns in California, construction workers were identified as essential workers. Investing in infrastructure can be a critical component in protecting and growing the economy in uncertain jobs. For example, the 60 Truck Lanes project is projected to create as many as 2,490 jobs. Similar investments and resulting job creation can be seen throughout the County as seen in the following highway and rail projects: 60 Truck Lanes: In partnership with the California Department of Transportation (Caltrans), the Commission is the lead agency for the 60 Truck Lanes Project. With a total project cost estimated at $138.4 million, construction of the project began in early 2019. In early 2020, a major construction milestone, which included a significant lane closure in the westbound connection, was completed and traffic was shifted to a newly constructed segment of the highway. The project adds truck climbing and deceleration lanes, wider shoulders, and additional safety improvements to a 4.5 -mile segment of the highway and is expected to be completed in 2022. Placentia Interchange to link 1-215 and future Mid County Parkway: Construction work began in mid -2020 on the very first component of the Mid County Parkway (MCP), a new 16 mile east -west corridor between the cities of San Jacinto and Perris. This $42 million project adds a new freeway interchange at Placentia Avenue that will link to the MCP and improve a segment of Placentia Avenue in the city of Perris. The new interchange is expected to open in 2022. 1-15 Railroad Canyon Interchange: The Commission serves as the lead agency to expand the 1-15 interchange at Railroad Canyon Road in the city of Lake Elsinore. The $45 million project began construction in May 2020 and widens the street under the freeway and makes a number of needed improvements to increase capacity of the on- and off -ramps and auxiliary lanes. The project is expected to be complete in late 2022. 91 Freeway Corridor Operations Project: Another project that launched construction in the latter part of 2020 is the 91 Corridor Operations Project. The project adds an auxiliary lane on westbound SR -91 from the Green River Road on -ramp to the southbound SR -241 connector. The new auxiliary lane, located next to the outside shoulder, will help relieve westbound traffic congestion through this heavily traveled corridor. The project is expected to be complete in late 2021. 15/91 Express Lanes Connector: Construction began in early 2021 to build a new direct connection between the RCTC 91 Express Lanes and the 15 Express Lanes. With the design -build contract awarded in March 2020, the design -builder has 4o advanced to construction activities. The new connection will be provided from the eastbound 91 Express Lanes to the northbound 15 Express Lanes and from the southbound 15 Express Lanes to the westbound 91 Express Lanes. Commuter Rail Improvements: The Commission began construction in 2020 to expand the Metrolink train layover facility at the Riverside -Downtown Station. The project will allow more trains to be housed at the station at the end of each night shift, resulting in more efficient service. Construction activities include track improvements north of the train platform, drainage facilities, electrical systems, lighting fixtures, security fencing, access gates, utility relocations, and water and sewer connections. Another station project currently in the environmental phase is construction of a new platform on the east side of the station. This will allow more trains to serve the Riverside -Downtown Station, which is one of the Metrolink system's most heavily used stations. Projects for Future Construction 1-15 Express Lanes Southern Extension: Environmental work is already under way to extend the 15 Express Lanes an additional 14.5 miles to the city of Lake Elsinore. A series of public scoping meetings were held in 2020 as part of the comprehensive environmental review process. 1-15 Interim Corridor Operations Project: Another future project on 1-15 about to enter project development is the 1-15 Corridor Operations Project, or 15 COP. This project will add a non -tolled lane on southbound 1-15 from the Cajalco Road on -ramp to the Weirick Road off -ramp, a segment slightly less than one mile. It will also widen the existing 1-15 median, shift vehicles to this new pavement, and convert the existing outside lane to a new travel lane. Additionally, the 15 COP will widen the Bedford Canyon Wash Bridge and ease southbound traffic congestion on 1-15 during peak hours. This project has received needed approvals to proceed and will begin construction in 2022. 71/91 Interchange: The Commission has secured funding for a new connector between the eastbound SR -91 and northbound SR -71 in the city of Corona. This $121 million project has environmental clearance and will begin the construction phase in 2022. 79 Realignment Remains an Important Priority: Another large planning effort affecting the Hemet and San Jacinto communities is the realignment of SR -79. This 2009 Measure A project is undergoing early project development partially funded through the TUMF program and federal earmarks. An environmental document was approved in January 2017 to allow the realignment of SR -79 between Domenigoni Parkway, south of SR -74, and Gilman Springs Road, north of San Jacinto. The project will realign the highway to provide a more direct route within the San Jacinto Valley. Current work on this project includes acquisition of right of way needed for mitigation and to protect cultural sites. Active Transportation:: Non -motorized transportation options are becoming an increasingly important part of California's transportation infrastructure, and the Commission has taken a leadership role in assisting local jurisdictions by funding and advocating for projects vying for state funding. The Commission is also heading up project development for the Santa Ana River Trail — a multiuse facility that will provide a bike, pedestrian and equestrian trail to link San Bernardino, Riverside and Orange Counties for cyclists, pedestrians and equestrians. Toll Connections with Neighboring Counties: RCTC has been successful in establishing a successful and productive relationship with the Orange County Transportation Authority (OCTA) regarding the operation of the 91 Express Lanes. The Commission is now faced with two additional connections between toll facilities. The Commission is currently working with the San Bernardino County Transportation Authority (SBCTA) to close a gap between the 15 Express Lanes in Riverside County and a planned express lane facility at the San Bernardino County Line. This project is referred to as the 1-15 NEXT. Yet another planned facility is a direct connector between the 241 Toll Road operated by the Transportation Corridor Agencies (TCA) and the 91 Express Lanes. Operational issues for this future facility are currently being addressed among the TCA, OCTA, Caltrans, and RCTC. 41 TUMF Links Growth with Infrastructure In the Coachella Valley, a TUMF program was established shortly after the passage of the 1989 Measure A. The program requires developers to pay a fee on new development to fund arterial improvements. Cities are required to participate in the program or forfeit Measure A local dollars to Coachella Valley Association of Governments, which oversees the arterial program and has been successful in funding a number of important arterial and freeway interchange projects. With the passage of the 2009 Measure A, a TUMF program with participation requirements similar to that in the Coachella Valley is in place in Western County and administered by the Western Riverside Council of Governments. TUMF funds received by the Commission are split evenly between new corridors, including the MCP, and regional arterials, including local projects and the SR -79 realignment project. To date under the regional arterial program, 18 projects have been completed, one project is currently under construction, and one project continues pre -construction work. Rail Development, Operations and Support As one of five funding partners in the Southern California Regional Rail Authority, which operates the Metrolink commuter rail service, the Commission is engaged in a continual exercise of consensus building with its partners to provide effective regional service. Now consisting of seven lines serving six counties, the system typically carried an average of slightly more than 40,000 passengers each weekday prior to COVID-19. The Commission owns and operates nine stations served by the three Metrolink lines operating through the County, including four new stations along the Perris Valley Line that commenced carrying passengers in June 2016. The Riverside Downtown Operations Control Center provides monitoring of closed-circuit televisions at the stations as well as facilities for train crews. Below is a summary of the commuter rail services provided in Riverside County: • Riverside Line: Originates in the Riverside —Downtown station and stops at the Jurupa Valley-Pedley station before proceeding through Ontario, Pomona, Industry, and Montebello to Los Angeles Union Station. Pre -pandemic daily ridership averaged 3,961 riders. • Inland Empire Orange County (IEOC) Line: Begins in nearby San Bernardino with stops at the Riverside —Downtown, Riverside —La Sierra, Corona —North Main, and Corona —West stations before entering Orange County with stops in Anaheim Canyon, Orange, Santa Ana, Tustin, Irvine, Laguna Niguel/Mission Viejo, San Juan Capistrano, San Clemente, and Oceanside. When initiated, this service was described as the first suburb -to -suburb commuter rail service in the nation. Average daily ridership on the IEOC line was 4,784 prior to COVID-19. This line also provides weekend service. • 91/Perris Valley Line: Provides service from Perris to Los Angeles with stops in Perris -South, Perris -Downtown, Moreno Valley/March Field, Riverside —Hunter Park/UCR, Riverside -La Sierra, Corona -North Main, Corona -West, Fullerton, Buena Park, Norwalk, and Commerce before terminating at Union Station. Daily patronage on the line prior to COVID- 19 averaged 3,731. A part of this line between Riverside and Los Angeles offers weekend service, and new weekend service from Perris started in October 2019. COVID-19 Impact on Metrolink The onset of COVID-19 has resulted in a significant drop in Metrolink ridership since mid -March 2020. Up to that point, ridership and use had increased by approximately 3% since the previous year. Today daily ridership on Metrolink lines serving Riverside County is down compared to pre-COVID levels but is steadily increasing as more commuters return to the office. Metrolink has responded to the challenge with a comprehensive series of strategies. One of Metrolink's first actions was a reduction in train schedules by 30% beginning on March 26, 2020. To address safety concerns, enhanced vehicle and station cleaning and sanitation efforts were implemented along with social distancing efforts. Metrolink conducted a Customer Survey that found 81 % of all riders are likely to return to Metrolink and most current riders self -identify as "Essential Workers." Metrolink also is implementing a Recovery Plan to prioritize safety and protect employees and customers while also providing a phased 4,P approach to recovery. To assist with ridership recovery, Metrolink has introduced a five-day pass to improve fare flexibility along with Weekends Kids Ride Free, a new Loyalty Program, and an enhanced Corporate Partner Program focused on the healthcare industry. Metrolink is utilizing Federal Transit Administration Coronavirus Aid, Relief, and Economic Security Act grant funds to address some of the revenue loss due to ridership declines and restore service as demand grows — although it is anticipated to take several years for ridership and revenues to fully recover. Coachella Valley -San Gorgonio Pass Rail Service The Commission in coordination with Caltrans and the Federal Railroad Administration, is working to bring passenger rail service as an alternate mode of travel across Southern California, connecting desert communities and attractions with Los Angeles County, Orange County, and the Inland Empire. The program proposes operating two daily roundtrips between Los Angeles Union Station and Indio or Coachella, with morning and evening departures from each end. Passenger service is expected to take about 3 hours and 15 minutes, which is comparable to trips made by cars on congested highways connecting these communities, such as 1-5, SR -91, and 1-10. Providing this level of service will require significant investments in the rail corridor that is heavily used by freight trains. The Commission is close to completing a Tier 1/Program Environmental Impact Statement/Environmental Impact Report (EIS/EIR) and seeks to begin work on a Tier 2 Project Level environmental document and preliminary engineering in 2022. The eventual implementation of this service will provide another important link between the Coachella Valley and Western Riverside County along with the rest of Southern California. Commuter Services Acting in its capacity as the regional transportation planning agency (RTPA) and the SAFE for Riverside County, the Commission provides a variety of commuter services to increase mobility, safety, and air quality throughout the region. Commuter Assistance: As the RTPA, the Commission applies Measure A funds to administer the Commuter Assistance Program to ease congestion, maximize the efficiency of its transportation investments, and reduce vehicle miles traveled and emissions from single occupant vehicle trips with the following programs and services: Ridematching and Information Services: The Commission, in partnership with the SBCTA provides commuters and employer partners in the region with access to rideshare resources (IECommuter.org) and information to assist with finding ridematches for car/vanpool arrangements or transit options and to participate in incentives. A call center (866-RIDESHARE) is also available during business hours for commuters or employers who need more personal support. Rideshare Incentives: The most prominent commuter incentive continues to be Rideshare Incentives, a short-term incentive that offers $2 per day for each day new ride sharers use an alternate mode of transportation in a three-month period. Long- term ride sharers are recognized and rewarded for their continuing commitment to use alternate modes of transportation to and from work with access to discounts at over 360,000 nationwide merchants through Rideshare Plus and/or opportunities to win monthly prizes for reported rideshare and telework activity through Monthly Rideshare Spotlight. Vanpool and Buspool Subsidies: In May 2018, the Commission launched VanClub, which provides ongoing subsidies to eligible vanpools commuting to employer worksites in Western County. In FY 2020/21, VanClub supported an average of 29 vans per month resulting in the reduction of more than an estimated 46,000 trips, 1.7 million miles, and 631 tons of emissions throughout the region. A recovery toward pre -pandemic vanpools levels (80 vanpools) continued to be a challenge throughout the fiscal year; however, the program will be ready to continue as workers return to various work sites. Since 1990, the Commission has also provided ongoing subsidies for commuter organized buspools that commute extended distances, generally in excess of 100 miles per day, and maintain an average of 25 riders on a monthly basis. In FY 2020/21, this program resulted in a reduction of more than 16,000 vehicle trips and 966,000 miles traveled. 43 Guaranteed Ride Home: Through the Commission's rideshare program, IE Commuter, a Guaranteed Ride Home (GRH) service is available to ridesharing commuters of employer partners. Should they experience an emergency and need to get home, they are reimbursed the cost of a Lyft/Uber or other transportation network company ride, rental car, taxi, or transit option used to get home. GRH also covers when an employee may miss his/her ride due to unexpected overtime. Eligible participants may claim up to two emergency rides home per year. Park & Rides: Working in partnership with Caltrans, the Commission leases excess parking from business and civic institutional partners to facilitate ridesharing and to expand the system's park and ride capacity. There are more than 3,200 park and ride spaces available in Riverside County. Motorist Assistance: As the SAFE, the Commission also administers the Motorist Assistance Program to provide the following services designed to promote mobility and safety for motorists traveling through Riverside County: Freeway Service Patrol: The FSP program is a special team of 26 tow trucks roving along 12 beats on portions of SR -60, SR -91, 1-15, and 1-215 within the County during peak, weekday commuter hours to assist drivers when their vehicles break down or experience other mechanical problems. Thanks in part to the approval of Senate Bill 1 in April 2017, which provided more funding to FSP programs, the Commission has been able to expand the service to additional areas along the 1-15 in southwestern Riverside County. The purpose of the FSP is to clear debris and remove disabled vehicles from the freeway as quickly as possible to help keep freeway traffic moving during rush hour periods. Another effort augments existing FSP service with additional tow trucks in construction areas as another means of construction -related congestion mitigation. The Riverside County SAFE and the State fund the FSP. During FY 2020/21, the FSP provided approximately 59,700 assists. This includes incremental FSP weekend service, funded by the South Coast Air Quality Management District's Mobile Source Air Pollution Reduction and Review Committee, on segments of SR -91 and SR -60. Call Boxes: In cooperation with the California Highway Patrol and Caltrans, the Commission assists motorists who experience accidents, mechanical breakdowns, or other unforeseen problems by providing access to cellular call boxes with enhanced reception along the County's major highways. In response to the proliferation and continued growth of cell phone usage and declining demand and use of call boxes, the Commission approved a substantial reduction to the call box system in 2017 and 2019. A cost-effective backbone of 158 call box units will remain in place and serve more than 346 centerline miles of highways. The call box program is funded by Riverside County SAFE revenue, an annual $1 surcharge added to vehicle registrations. In FY 2020/21, call box operators answered approximately 936 calls from motorists. Traveler Information: To further promote mobility, the Commission in partnership with the SBCTA, provides motorists with access to real-time freeway travel information and incident information on Southern California highways through its 1E511 Traveler Information system. 1E511 is designed to promote mobility by fostering more informed travel decisions to avoid congestion and is available via the telephone by dialing 511 from any landline or cell phone within Riverside or San Bernardino County, online at www.ie511.org, or the 1E511 mobile app. 1E511 is funded with Riverside County SAFE funds in addition to SBCTA reimbursements. In FY 2020/21, 1E511 serviced 204,259 web visits and 65,046 phone calls. Specialized Transit The Commission has maintained a long-term commitment to assist residents with specialized transit needs. Through its Specialized Transit Program, the Commission has provided millions of dollars to public and nonprofit transit operators that provide special transit services to improve the mobility of seniors, persons with disabilities and persons with low incomes. Along with traditional dial -a -ride services, the Commission supports innovative programs providing transit assistance in hard -to -serve rural areas or for riders having very special transit needs. With funding from this program, individuals can travel to work independently, shop at the neighborhood grocery stores, visit a doctor, and much more. The Commission develops a Public Transit —Human Services Coordinated Plan every four years. This plan assists the Commission in identifying service gaps, additional qualifying populations, and underserved areas of Riverside County in need of transit services. The Commission updated this plan in FY 2020/21. To address some of these transit service needs identified in the Public Transit —Human Services Coordinated Plan, a portion of the Measure A sales tax in Western Riverside County is set aside for a Specialized Transit Call for Projects. This Specialized Transit Call for Projects is held every three years and provides funding awards for public and nonprofit transit operators. The 2018 Specialized Transit Call for Projects awarded approximately $8.2 million to 18 public and nonprofit transit operators over a three-year period from FY 2018/19 through FY 2020/21. During FY 2020/21, public and nonprofit transit operators provided over 108,000 one-way trips. In addition to funding and planning, the Commission updated its bylaws and membership requirements for its TDA-required Social Services Transportation Advisory Council in FY 2020/21. The Citizens and Specialized Transit Advisory Committee (CSTAC) consists of 13 members of the public and two Consolidated Transportation Service Agency members, which were appointed by the Commission in March 2020 with terms and bylaws updated in April 2021. The CSTAC meets three times a year and provides Commission staff additional insight into specialized transit needs throughout the County. Awards and Acknowledgements The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Commission for its Annual Report for the fiscal year ended June 30, 2020. This was the 28th consecutive year the Commission has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized Annual Report. This report must satisfy both GAAP and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe our current Annual Report continues to meet the Certificate of Achievement Program's requirements, and we are submitting it to the GFOA to determine its eligibility for another certificate. The Annual Report each year is a collaborative effort by Commission staff and its independent auditors. The undersigned are grateful to all staff for their willingness to expend the effort necessary to ensure the financial information contained herein is informative and completed within established deadlines. Special thanks must be extended to the Finance staff, program management and staff, and Commission's auditors for the time, effort, and commitment so vital for the final completion of the Annual Report. G�9 GaSELTO:11eatFinance Officers 5462tiall ti Certificate of Achievement for Excellence in Financial Reporting Pl ertteel to Riv side County Transportation Commission California Far trt C mpre$e me 4o,ma1 FJn Mal Rep it For the Fi=raE Year Faded June 30, 2020 �- P. .Are. ,.r Execetwe DirecioxCIO In closing, without the leadership and the support of the Board, preparation of this report would not have been possible. Its prudent management must be credited for the strength of the Commission's fiscal condition, and its vision ensures that the Riverside County Transportation Commission will be on the move planning for and building a better future for Riverside County residents and commuters. Very truly yours, /64t ANNE MAYER Executive Director THERESIA TREVINO Chief Financial Officer 46 Riverside County Transportation Commission Organization Chart an Resources Administrator Board of Commissloners Executive Dlrectar Deputy Executive oirector Admingtative Services Manager/Clerk of the Bo rd DeputyClek of the Board (2) Senior Administrative Assistant (2) Records Technician Administrate Assistant Seniorofflce A sl cant IT Administrator Chief Financial Officer Deputy Director of Finance Deputy Director of Hnancal Admtgtradon Seniortnannal Analyst Ftancial Analyst Accounting TecnIc ri ccounting Superviso Accounting Technician Accounting Assistant (2) Manager Senior — Procurement Analyst Pocurement Analyst Financial Administration Manager Accounting Supervisor Accountant Accounting Technician Planning and Programming Director Planning and Programming Manager Senior Management Analyst (2) Aulnmodal Services Director Rail Manager Transit Manager Senior Management Analyst Management Analyst Public Affairs Manger Senior Management Analyst (2) Legglaive Affairs Manager senior Management An I Commuter and Motorist Assistance Llanener Senior Management Community ngagement Manager Toll Systems Engineer Senior Management Anaiart Project Delivery Director Senior CapoalProjects Manage, (2), Capital Projects Manager (2) ht of Way Manager senior lanagement Facilities Administrator Toll Project Delivery Director Senior Ca ital Projects Manager (2) CaplWl Prole C[s Manager .egional Cconservabon Deputy Executive Director Reserve Management and Monitoring Manager Senior Management Analyst (2) Technica Manager semor Management Riverside County Transportation Commission List of Principal Officials Board of Commissioners Name Title Agency Kevin Jeffries Karen Spiegel Chuck Washington V. Manuel Perez Jeff Hewitt David Happe Lloyd White Member Member Member Vice Chair (Commission) Member Member Chair (Budget and Implementation Committee), Chair (Toll Policy and Operations Committee) Joseph DeConinck Member City of Blythe Linda Molina Member City of Calimesa Jeremy Smith Member City of Canyon Lake Raymond Gregory Vice Chair (Budget and Implementation Committee) City of Cathedral City Steven Hernandez Member City of Coachella Wes Speake Member City of Corona Scott Matas Member City of Desert Hot Springs Clint Lorimore Chair (Western Riverside County Programs and Projects Committee) City of Eastvale Linda Krupa Member City of Hemet Dana Reed Member City of Indian Wells Waymond Fermon Member City of Indio Brian Berkson Member City of Jurupa Valley Kathleen Fitzpatrick Member City of La Quinta Bob Magee 2nd Vice Chair (Commission) City of Lake Elsinore Bill Zimmerman Member City of Menifee Yxstain Gutierrez Member City of Moreno Valley Scott Vinton Member City of Murrieta Ted Hoffman Member City of Norco Jan Harnik Chair (Commission) City of Palm Desert Lisa Middleton Member City of Palm Springs Michael M. Vargas Member City of Perris Ted Weill Member City of Rancho Mirage Chuck Conder Member City of Riverside Alonso Ledezma Member City of San Jacinto Matt Rahn Member City of Temecula Ben Benoit Vice Chair (Western Riverside County Programs and Projects City of Wildomar Committee), Vice Chair (Toll Policy and Operations Committee) Mike Beauchamp Governor's Appointee Caltrans, District 8 Director County of Riverside, District 1 County of Riverside, District 2 County of Riverside, District 3 County of Riverside, District 4 County of Riverside, District 5 City of Banning City of Beaumont Mana • ement Staff Anne Mayer, Executive Director John Standiford, Deputy Executive Director Jennifer Crosson, Toll Operations Director Marlin Feenstra, Project Delivery Director Jillian Guizado, Planning and Programming Director Aaron Hake, Interim Regional Conservation Deputy Executive Director David Knudsen, Interim External Affairs Director Lorelle Moe -Luna, Multimodal Services Director David Thomas, Toll Project Delivery Director Theresia Trevino, Chief Financial Officer Financial Section BLANK - BACK OF FINANCIAL DIVIDER 51 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business - type activities, each major fund, and the aggregate remaining fund information of the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the Commission, as of June 30, 2021, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA '1330-3831 T 909.466.4410 F 909.466.4431 EOE Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, budgetary comparison schedules, schedule of proportionate share of net pension liability, schedule of pension contributions, schedule of changes in the net OPEB liability/(asset) and related ratios, and the schedule of OPEB contributions, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Commission's financial statements. The introductory section, combining and individual nonmajor fund financial statements, budgetary comparison schedules, schedules of expenditures, schedule of uses and debt proceeds and fund balance, and statistical section are presented for purposes of additional analysis and are not a required part of the financial statements. The combining and individual nonmajor fund financial statements, budgetary comparison schedules, schedules of expenditures, and schedule of uses and debt proceeds and fund balances are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements, budgetary comparison schedules, schedules of expenditures, and schedule of debt proceeds and fund balances are fairly stated, in all material respects, in relation to the basic financial statements as a whole. The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on them. Rancho Cucamonga, California October 29, 2021 2 53 Riverside County Transportation Commission Management's Discussion and Analysis Year Ended June 30, 2021 As management of the Riverside County Transportation Commission (Commission), we offer readers of the Commission's financial statements this narrative overview and analysis of the Commission's financial activities for the fiscal year ended June 30, 2021. We encourage readers to consider the information on financial performance presented here in conjunction with the transmittal letter on pages i-ix and the Commission's financial statements which begin on page 17. Financial Highlights • Total net position of the Commission was $682,459,920 and consisted of net investment in capital assets of $244,005,200; restricted net position of $1,032,112,542; and unrestricted net position (deficit) of ($593,657,822). • The governmental activities unrestricted net deficit results primarily from the recording of the debt issued for Measure A highway, local streets and roads, and regional arterial projects. As title to substantially most of those assets vests with the State of California (State) Department of Transportation (Caltrans) or local jurisdictions, there is no asset corresponding to the liability. Accordingly, the Commission does not have sufficient current resources on hand to cover current and long-term liabilities; however, future Measure A sales taxes are pledged to cover Measure A debt service payments when made. • Total net position increased by $241,883,763 during fiscal 2021. An increase in net position from governmental activities of $19,916,707 was primarily due to an increase in operating grants and contributions; a decrease in commuter assistance, commuter rail, highways, motorist assistance, planning and programming, transit and specialized transportation program expenses; and offset by an increase in general government, bicycle and pedestrian, Community and Environmental Transportation Acceptability Process (CETAP), local streets and roads, regional arterials, and regional conservation program expenses, as well as interest expense. An increase in net position from business -type activities of $221,967,056 was primarily due to an increase in internal transfers for the net transfer of capital and intangible assets offset by the toll -supported long-term debt related to the 15 Express Lanes that reached substantial completion on April 10, 2021 and commenced toll operations on April 14, 2021. • Total capital assets, net of accumulated depreciation and amortization, were $1,237,455,966 at June 30, 2021, representing an increase of $49,238,661, or 4%, from June 30, 2020. The increase in capital assets was primarily related to toll infrastructure and toll facility franchise related to substantial completion of the 1-15 Express Lanes project. • The long-term liabilities are comparable to the prior year; however, increases are related to a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan drawn down for the 1-15 Express Lanes project and compounded and accreted interest on the TIFIA loans and 2013 Toll Revenue Bonds, respectively, offset by principal payments on sales tax revenue bonds and amortization of sales tax revenue bonds premium. • The Commission's governmental funds reported combined ending fund balances of $968,791,700, an increase of $158,465,519 compared to fiscal 2020 primarily due to increases in sales taxes, intergovernmental revenues for reimbursement of projects costs, and Transportation Uniform Mitigation Fee (TUMF) revenues, offset by a decrease in the TIFIA loan draw downs and a net decrease in program expenditures. Approximately 61 % of the governmental fund balances represent amounts available for the Measure A program, including debt service and funding from the issuance of debt, and the TUMF program. 534 Overview of the Financial Statements This discussion and analysis are intended to serve as an introduction to the Commission's basic financial statements, which are comprised of three components consisting of government -wide financial statements, fund financial statements, and notes to the financial statements. This report also contains required supplementary information and other supplementary information in addition to the basic financial statements. Government -wide Financial Statements The government -wide financial statements are designed to provide readers with a broad overview of the Commission's finances, in a manner similar to a private -sector business. The statement of net position presents information on all of the Commission's assets, liabilities, and deferred outflows/inflows of resources with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the Commission is improving or deteriorating. The statement of activities presents information showing how the Commission's net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported for some items that will only result in cash flows in future fiscal periods. The government -wide financial statements report the functions of the Commission that are principally supported by sales taxes and intergovernmental revenues, or governmental activities, from other functions that are intended to recover all or a significant portion of its costs through user fees and charges, or business -type activities. The governmental activities of the Commission include general government, the Measure A program, CETAP, commuter assistance, regional arterials, commuter rail, transit and specialized transportation services, planning and programming, regional conservation, bicycle and pedestrian facilities projects, and motorist assistance services. Measure A program services are divided within the three regions of Riverside County (County), namely Western County, Coachella Valley, and Palo Verde Valley. The business -type activities of the Commission include toll road operations. The government -wide financial statements include only the Commission and its blended component unit. The government -wide financial statements can be found on pages 17-18 of this report. Fund Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. Fund accounting is used to ensure and demonstrate compliance with finance -related legal requirements. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government -wide financial statements; however, governmental fund financial statements focus on near -term inflows and outflows of spendable resources and on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near -term financing requirements. Since the focus of governmental funds is narrower than that of the government -wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government - wide financial statements. As a result, readers may better understand the long-term impact of the government's near -term financing decisions. Both the governmental fund balance sheet and related statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The Commission maintains 17 individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the related statement of revenues, expenditures and changes in fund balances for the Commission's major governmental funds comprised of the General fund; Measure A Western County, Measure A Coachella Valley, TUMF, Local Transportation Fund (LTF), State Transit Assistance, and SB 132 Special Revenue funds; Commercial Paper and Bonds Capital Projects funds; and Debt Service fund. Data from the other seven governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements in the other supplementary information section. The Commission adopts an annual appropriated budget for the General fund, all Special Revenue funds, all Capital Projects funds, and the Debt Service fund. Budgetary comparison schedules have been provided for the General fund and major Special Revenue funds as required supplementary information and for the nonmajor Special Revenue funds and the Capital Projects and Debt Service funds as other supplementary information to demonstrate compliance with these budgets. The governmental fund financial statements, including the reconciliation between the fund financial statements and the government -wide financial statements, can be found on pages 19-26 of this report. The proprietary fund consists of two enterprise funds, which are used to report the same functions presented as business -type activities in the government -wide financial statements. The Commission uses enterprise funds to account for its toll road operations. Proprietary fund financial statements provide the same type of information as the government -wide financial statements, only in more detail. The proprietary fund financial statements provide separate financial information of the RCTC 91 Express Lanes and 15 Express Lanes, which are major enterprise funds of the Commission. The proprietary fund financial statements can be found on pages 27-30 of this report. Notes to the Financial Statements The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and fund financial statements. The notes to the financial statements can be found on pages 31-68 of this report. Other Information Other information is in addition to the basic financial statements and accompanying notes to the financial statements. This report also presents certain required supplementary information concerning the Commission's budgetary results for the General fund and major Special Revenue funds as well as the schedules of proportionate share of net pension liability, pension contributions, changes in the net other post -employment benefits (OPEB) asset and related ratios, and OPEB contributions. Required supplementary information can be found on pages 69-77 of this report. Other supplementary information is presented immediately following the required supplementary information. Other supplementary information includes the combining statements referred to earlier relating to nonmajor governmental funds; budgetary results for the nonmajor Special Revenue funds, all Capital Projects funds, and the Debt Service fund; schedules of expenditures for local streets and roads and expenditures for transit and specialized transportation; and schedule of uses of debt proceeds and fund balances. This other supplementary information can be found on pages 78-91 of this report. Government -wide Financial Analysis As noted previously, net position may serve over time as a useful indicator of a government's financial position. At June 30, 2021, the Commission's assets exceeded liabilities by $682,459,920, a $241,883,763 increase from June 30, 2020. Our analysis below focuses on the net position and changes in net position of the Commission's governmental and business -type activities. Net Position Approximately 36%, compared to 53% in 2020, of the Commission's net position reflects its net investment in capital assets (i.e., intangibles consisting of toll facility franchise, construction in progress; land and improvements; toll infrastructure; buildings; construction and rail operating easements; rail stations; rail tracks; building and office improvements; development in progress; transponders; and office furniture, equipment, and vehicles), less any related outstanding debt used to acquire those assets, 5% primarily related to land and tolled express lane projects. The Commission uses these capital assets to provide transportation services to the residents and business community of the County. Although the Commission's investments in capital assets is reported net of related debt, the resources used to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. For business -type activities, the related debt for the RCTC 91 Express Lanes exceeded the capital assets, net of accumulated depreciation and amortization, as a portion of the debt financed highway improvements on State Route (SR) 91 for which title vests with Caltrans. The most significant portion of the Commission's net position represents resources subject to external restrictions on how they may be used. Restricted net position from governmental activities represented approximately 133% and 114% of the total governmental activities net position at June 30, 2021 and 2020, respectively. Restricted net position from governmental activities increased by $160,861,644, as a result of the increased sales tax and operating and capital contributions, offset by a net decrease in program expenses. Restricted net position from business -type activities increased $10,937,676 primarily as a result of net revenues from operations. Unrestricted net position represents the portion of net position that can be used to finance day-to-day operations without constraints established by debt covenants, enabling legislation, or other legal requirements. Unrestricted net position from governmental activities changed from a $652,279,554 deficit at June 30, 2020 to a $593,657,822 deficit at June 30, 2021. The governmental activities deficit results primarily from the impact of recording of the Commission's long-term debt, consisting of bonds issued for Measure A highway, local street and road, and regional arterial projects. While a significant portion of the debt has been incurred to build these projects which are capital assets, upon completion most projects except for express lanes projects are transferred to Caltrans or the local jurisdiction. Accordingly, projects other than express lanes are not assets of the Commission that offset the long-term debt in the statement of net position. Upon completion, express lanes projects and related debt are transferred to business -type activities. The following is condensed financial data related to net position at June 30, 2021 and June 30, 2020: Governmental Activities Net Position 2021 Business -Type Activities Total 2020 2021 2020 2021 2020 Current and other assets Capital assets not being depreciated Capital assets, net of depreciation and amortization Total assets Deferred outflows of resources Total assets and deferred outflows of resources Long-term obligations Other liabilities Total liabilities Deferred inflows of resources Total liabilities and deferred inflows of resources Net position: Net investment in capital assets Restricted Unrestricted (deficit) Net position at end of year 1,069,643,907 $ 909,152,049 $ 193,653,204 $ 142,589,873 $ 350,067,778 644,934,348 28,078,568 29,215,720 258,810,011 267,716,233 600,499,609 246,351,004 1,678,521,696 1,821,802,630 822,231,381 418,156,597 40,071,578 45,804,298 641,814 937,279 1,718,593,274 1,867,606,928 822,873,195 419,093,876 873,444,721 1,048,799,262 867,315,750 691,714,059 102,632,421 101,113,246 9,329,796 3,539,458 976,077,142 1,149,912,508 876,645,546 695,253,517 5,791,212 886,207 492,649 72,415 981,868,354 1,150,798,715 877,138,195 695,325,932 353,189,808 552,756,477 (109,184,608) (320,213,988) 977,192,934 816,331,290 54,919,608 43,981,932 (593,657,822) (652,279,554) — — 1,263,297,111 378,146,346 859,309,620 2,500,753,077 40,713,392 2,541,466,469 1,740,760,471 111,962,217 1,852,722,688 6,283,861 1,859,006,549 244,005,200 1,032,112,542 (593,657,822) $ 736,724,920 $ 716,808,213 $ (54,265,000) $ (276,232,056) $ 682,459,920 $ $ 1,051,741,922 674,150,068 514,067,237 2,239,959,227 46,741,577 2,286,700,804 1,740,513,321 104,652,704 1,845,166,025 958,622 1,846,124,647 232,542,489 860,313,222 (652,279,554) 440,576,157 567 Changes in Net Position The Commission's total program and general revenues were $677,607,307, while the total cost of all programs was $435,723,544. Total revenues increased by 19%, and the total cost of all programs decreased by 7%. Those who directly benefited from the programs or other governments that subsidized certain programs with grants and contributions paid approximately 64% of the costs of the Commission's programs in 2021, compared to 49% of the costs in 2020. Sales taxes ultimately financed a significant portion of the programs' net costs. Governmental and business -type activities increased the Commission's net position by $241,883,763 and condensed financial data related to the change in net position is presented in the table below. Key elements of this increase are as follows: • Charges for services decreased by $4,609,086, or 8%, due to decreased traffic volumes and changes in toll rates on the RCTC 91 Express Lanes resulting from the COVID-19 pandemic. As a result of the COVID-19 pandemic, the RCTC 91 Express Lanes also temporarily suspended account fees and stopped the escalation of outstanding violations to the collection agency, which resumed October 1, 2020. The reduction in charges for services related to the RCTC 91 Express Lanes was offset by the toll and non -toll revenues charged for services on the 15 Express Lanes, which opened in April 2021; • Operating grants and contributions increased by $29,091,997, or 23%, primarily due to state reimbursements related to the Mid County Parkway Interstate (1) 215/Placentia Avenue Interchange, SR -60 Truck Lanes, 91 Corridor Operations, 1-15 Express Lanes -Southern Extension, and Pachappa Underpass projects; • Capital grants and contributions increased by $26,742,731, or 60%, primarily due to federal reimbursements related to station rehabilitation projects, 1-15 Express Lanes project, and 1-15 Express Lanes -Southern Extension; and state reimbursements related to 15/91 Express Lanes Connector; • Measure A sales tax revenues increased by $47,907,519, or 25%. This increase is primarily as a result of online sales and sales from a diversified economic base that have greatly exceeded expectations considering the COVID-19 pandemic; • Transportation Development Act (TDA) sales taxes increased by $18,535,475, or 14%, primarily as a result of online sales and sales from a diversified economic base that have greatly exceeded expectations considering the COVID-19 pandemic; • Unrestricted investment earnings decreased $15,784,115, or 86%, due to lower interest rates; • Other miscellaneous revenues increased $5,190,768, or 903%, due primarily to the sale of rail and highway properties; • Gain on sale of capital asset, net increased $1,100,189, or 100%, related to the sale of excess SR -91 project properties recorded as capital assets. Changes in Net Position Revenues Program revenues: Charges for services Operating grants and contributions Capital grants and contributions General revenues: Measure A sales taxes TDA sales taxes Unrestricted investment earnings Other miscellaneous revenue Gain on sale of capital assets, net Total revenues Governmental Activities 2021 1 2020 Business -Type Activities Total 2021 2020 1 2021 2020 $ 331,336 154,817,759 71,536,414 242,943,840 146,615,629 2,326,345 5,765,473 $ 346,219 $ 125,725,762 44,793,683 195,036,321 128,080,154 14,537,908 574,705 - 1,100,189 51,846,166 $ 56,440,369 $ 52,177,502 $ 56,786,588 — — 154,817,759 125,725,762 71,536,414 44,793,683 — — 242,943,840 195,036,321 — — 146,615,629 128,080,154 324,156 3,896,708 2,650,501 18,434,616 5,765,473 574,705 — 1,100,189 — 624,336,796 509,094,752 53,270,511 60,337,077 677,607,307 569,431,829 578 Changes in Net Position Governmental Activities 2021 I 2020 Business -Type Activities 2021 I 2020 2021 Total. 2020 Expenses General govemment Bicycle and pedestrian facilities CETAP Commuter assistance Commuter rail Highways Local streets and roads Motorist assistance Planning and programming Regional arterials Regional conservation Toll operations Transit and specialized transportation Interest expense Total expenses 1,127,083 (1,488,917) — — 1,127,083 (1,488,917) 3,388,814 1,367,800 — 3,388,814 1,367,800 5,723,685 1,441,976 — — 5,723,685 1,441,976 3,110,681 3,673,416 — — 3,110,681 3,673,416 37,367,041 50,573,511 — — 37,367,041 50,573,511 122,407,790 134,815,656 — 122,407,790 134,815,656 74,082,952 59,474,660 — — 74,082,952 59,474,660 4,498,883 4,818,036 — — 4,498,883 4,818,036 3,730,032 7,798,197 — — 3,730,032 7,798,197 30,985,584 11,918,666 — 30,985,584 11,918,666 1,832,340 — — — 1,832,340 — 61,852,151 59,962,158 61,852,151 59,962,158 50,535,684 99,413,296 — — 50,535,684 99,413,296 35,080,824 34,633,146 — 35,080,824 34,633,146 373,871,393 408,439,443 61,852,151 59,962,158 435,723,544 468,401,601 Excess (deficiency) of revenues over (under) 350,465,403 100,655,309 (8,582,640) 374,919 241,883,763 101,030,228 expenses Transfers Increase (decrease) in net position Net position at beginning of year Net position at end of year (230,548,696) 2,010,675 230,548,696 (2,010,675) 19,916,707 102,665,984 221,967,056 (1,635,756) 241,883,763 101,030,228 716,808,213 614,142,229 (276,232,056) (274,596,300) 440,576,157 339,545,929 $ 736,724,920 $ 716,808,213 $ (54,265,000) $ (276,232,056) $ 682,459,920 $ 440,576,157 • General government expenses increased by $2,616,000, or 176%, primarily due to the payoff of the pension unfunded actuarial liability that is recognized as a deferred outflow of pension contributions subsequent to the measurement date in the previous year; • Bicycle and pedestrian facilities expenses increased by $2,021,014, or 148%, due to an increase in claims submitted for approved projects; • CETAP expenses increased $4,281,709, or 297%, due to Mid County Parkway project right of way acquisition support services; • Commuter assistance expenses decreased $562,735, or 15%, primarily due to a decrease in professional services and the payoff of the pension unfunded actuarial liability that is recognized as a deferred outflow of pension contributions subsequent to the measurement date in the previous year; • Commuter rail expenses decreased by $13,206,470, or 26%, as a result decreased operating contributions to the Southern California Regional Rail Authority (SCRRA) due to COVID-19 impacts and availability of federal COVID-19 relief funds to SCRRA; • Highway expenses decreased by $12,407,866, or 9%, due to substantial completion of the 1-15 Express Lanes project and higher project costs for the SR -60 Truck Lanes and grade separation projects in the previous year; • Local streets and roads expenses increased by $14,608,292 or 25%, because of an increase in the overall Measure A sales tax revenue which affects the local streets and road distributions to local jurisdictions; • Motorist assistance expenses decreased by $319,153, or 7%, due primarily to one-time expenses for interactive voice response platforms and upgrade of all call boxes to 4G in the previous year; • Planning and programming expenses decreased by $4,068,165, or 52%, due to signal synchronization projects and public outreach efforts in the previous year; • Regional arterial expenses increased by $19,066,918, or 160%, as a result of a net increase in reimbursements to local jurisdictions for approved regional arterial projects; • Regional conservation expenses increased by $1,832,340, or 100%, as a result of the Commission becoming the managing agency for the Western Riverside County Regional Conservation Authority in January 2021; • Toll operations expenses increased by $1,889,993, or 3%, due primarily to the substantial completion of the 1-15 Express Lanes project and commencement of 15 Express Lanes toll operations in April 2021; • Transit and specialized transportation expenses decreased by $48,877,612, or 49%, due to a decrease in bus transit operating and capital claims in Western County and Coachella Valley geographic areas resulting from the availability of federal COVID-19 relief funds for transit operators; and 5% • Interest expense related to governmental activities increased by $447,678, or 1%, primarily as a result of the net impacts of the current year's interest payments, amortization of the loss on refunding bonds, and amortization of sales tax bond premiums; and • Internal transfers increased $228,538,021, or 11366%, due to the transfer of capital and intangible assets offset by the transfer of toll -supported long-term debt from governmental activities to the 15 Express Lanes Enterprise fund as a result of the 1-15 Express Lanes project substantial completion in April 2021. The graphs below present the program and general revenues by source and program expenses for the Commission's governmental activities for the fiscal years ended June 30, 2021 and June 30, 2020: Revenues - Governmental Activities $229,500,000 $204,000,000 $178,500,000 $153,000,000 $127,500,000 $102,000,000 $76,500,000 $51,000,000 $25,500,000 $0 1 Charges for services Operating grants Capital grants and Measure A sales and contributions contributions taxes TDA sales taxes Unrestricted Other miscellaneous Gain on sale of investment earnings revenue capital assets, net ■ 2021 5331,336 $154,817,759 $71,536,414 $242,943,840 5146,615,629 $2,326,345 $5,765,473 $0 • 2020 5346,219 $125,725,762 $44,793,683 $195,036,321 8128,080,154 $14,537,908 $574,705 $0 Expenses - Governmental Activities $140,000,000 $120,000,000 $100,000,000 $60,000,000 $60,000,000 $40,000,000 $20,000,000 $- L. lllllll� Bicycle and General Commuter Local streets Motorist Planning and government assistance CETAP assistance Commuter rail Highways and roads assistance progamming facilities • 2021 $1,127,083 $3,388,814 $5,723,685 $3,110,681 $37,367,041 $122,407,790 $74,082,952 $4,498,883 $3,730,032 • 2020 $(1,488,917) $1,367,800 $1,441,976 $3,673,416 $50,573,511 $134,815,656 $59,474,660 $4,818,036 $7,798,197 Regional Regional Transit and arterials conservation speciaized transportation $30,985,584 $1,832,340 $50,535,684 $11,918,666 $- $99,413,296 Interest expense $35,060,824 $34,633,146 The graphs below present the program and general revenues by source and program expenses for the Commission's business - type activities for the fiscal years ended June 30, 2021 and June 30, 2020: Expenses - Business -Type Activities $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $- ■ 2021 ■ 2020 RCTC 91 Express Lanes $56,311,332 $59,963,158 • 15 Express Lanes $5,540,819 $- $59,000,000 $54,000,000 $49,000,000 $44,000,000 $39,000,000 $34,000,000 $29,000,000 $24,000,000 $19,000,000 $14,000,000 59,000,000 $4,000,000 -$1,000,000 -56,000,000 Charges for services Revenues - Business -Type Activities Unrestricted investment eamings Other ■2021 $51,846,166 $324,156 $0 2020 $56,440,369 $3,896,708 $0 Gain on sale of capital assets, net $1,100,189 $0 Financial Analysis of the Commission's Funds Governmental Funds The focus of the Commission's governmental funds is to provide information on a near -term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the Commission's financing requirements. As of June 30, 2021, the Commission's governmental funds reported combined ending fund balances of $968,791,700, an increase of $158,465,519 compared to 2020. Less than 1%, or $3,558,411, is nonspendable fund balance related to prepaid amounts; $3,606,250 is assigned fund balance for general government administration activities; an unassigned deficit of $143,114 is related to a deficit fund balance in the SB 132 Special Revenue fund. The remainder of the fund balance is restricted to indicate the following externally enforceable legal restrictions: • $7,091,609 in TDA funds that have been allocated to jurisdictions within the County for bicycle and pedestrian projects; • $61,978,642 of TUMF funds for new CETAP corridors in Western County; • $17,360,071 for Western County commuter assistance activities such as expansion of park -and -ride facilities and other projects and programs that encourage commuters to use alternative modes of transportation under the 2009 Measure A program; • $74,940,566 in TDA, Measure A, and Proposition 1B funds for commuter rail operations and capital projects and $2,637,515 in TDA and Proposition 1B funds for the Coachella Valley/San Gorgonio Pass rail corridor; • $11,529,992 in 2009 Measure A funds available to pay sales tax revenue bonds debt service over the next year; • $305,112,992 for highway, economic development, and new corridor projects related to the 1989 Measure A and 2009 Measure A programs; gQ • $1,211 for local streets and roads programs that are returned to the jurisdictions within the County for maintenance and construction of their roads and local arterials under the 2009 Measure A program; • $11,844,679 in state funds for motorist assistance services; • $3,543,506 of TDA funds for planning and programming activities; • $69,324,305 and $61,085,503 for regional arterial projects in Western County related to the 2009 Measure A and TUMF programs, respectively; • $205 for regional conservation activities; • $15,390,028 of Measure A funds for transit and specialized transportation in the Western County and $3,434,944 for specialized transportation in the Coachella Valley; and • $316,494,384 in TDA funds available to the commuter rail and bus transit operations and capital in the County, including state of good repair. The following table presents the changes in fund balances for the governmental funds for the fiscal years ended June 30, 2021 and 2020: Fund Balances Year Ended June 30 2021 2020. % Change General fund Special Revenue major funds: Measure A Western County Measure A Coachella Valley Transportation Uniform Mitigation Fee Local Transportation Fund State Transit Assistance SB 132 Capital Projects major funds: Commercial Paper Bonds 37,918,031 323,627,591 78,416,512 123,065,220 184,546,422 128,582,178 (143,114) 16,623,510 38,756,608 Debt Service fund 11,529,992 Nonmajor governmental funds 25,868,750 Key elements for the changes in fund balances are as follows: 25,862,291 263,779,809 63,573,136 117,537,108 97,108,303 119,712,384 7% 28,746 (598)% 47% 23% 23% 5% 90% 18,123,165 (8)% 70,028,781 (45)% 11,652,316 (1)% 22,920,142 13% • The 47% increase in the General fund resulted from decreased general government, commuter rail, planning and programming, and transit and specialized transportation expenditures, offset by increased intergovernmental reimbursements; • The 23% increase in the Measure A Western County Special Revenue fund was attributed to excess 2009 Measure A revenues and increased intergovernmental reimbursements, offset by decreased general government, commuter assistance, highways, regional arterials, transit and specialized transportation expenditures and debt issuance; • The 23% increase in the Measure A Coachella Valley Special Revenue fund was attributed to excess 2009 Measure A revenues over expenditures for Coachella Valley highway and regional arterial projects; • The 5% increase in the TUMF Special Revenue fund was attributable to excess TUMF revenues over CETAP and regional arterial projects; • The 90% increase in the Local Transportation Fund resulted from the excess of sales tax revenues over claims of allocations for transit operations and capital projects and for bicycle and pedestrian facility projects; • The 7% increase in the State Transit Assistance fund resulted from less claims for allocations for transit operations over sales tax revenues; • The 598% decrease in the SB 132 fund resulted from project costs not yet reimbursed by Caltrans; • The 8% decrease in the Commercial Paper Capital Projects fund was attributed to the use of excess funds for the repayment of debt service; gl • The 45% decrease in the Bonds Capital Projects fund was attributed to transfers out to the Measure A Western County Special Revenue fund and 15 Express Lanes Enterprise fund for project costs and ramp -up reserves, respectively; • The 1% decrease in the Debt Service fund was attributable to decreased investment income; and • The 13% increase in nonmajor governmental funds resulted primarily from the excess of sales tax revenues over claims of allocations for transit capital projects and an increase in motorist assistance revenues for freeway service patrol services. Proprietary Fund The Commission's proprietary fund provides the same type of information found in the government -wide financial statements. The net position of the proprietary fund totaled a deficit of $54,265,000 at June 30, 2021. The deficit is related to the RCTC 91 Express Lanes toll -supported debt in excess of capital and intangible assets. General Fund Budgetary Highlights The $367,500 increase in General Fund expenditure appropriations between the original budget and the final amended budget for the General fund was related to the following changes: • $435,800 increase to general government for various operations support services; • $62,200 decrease to the commuter rail program for support costs; • $15,600 increase to the planning and programming activities support costs; • $37,500 decrease to transit and specialized transportation support costs; and • $15,800 increase for debt service for capital lease payments. During the year, General fund revenues were lower than budgetary estimates by $12,044,144; expenditures were less than budgetary estimates by $41,603,628. General fund budgetary variances between the final amended budget and actual amounts are as follows: General Fund Budgetary Variances Original Budget Year EndediJune 30, 2021 Final Amended Budget Actual % Variance Revenues Intergovernmental Investment income Other Total revenues Expenditures Current General government Commuter rail Planning and programming Transit and specialized transportation Debt service Capital outlay Total expenditures Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) 25,581,400 $ 25,581,400 $ 13,736,424 (46)% 131,600 131,600 32,926 (75)% 1,700 101,700 1,206 (99)% 25,714,700 25,814,700 13,770,556 (47)% 9,781,600 37,672,800 5,947,800 1,155,600 1,318,300 10,217,400 37,610,600 5,963,400 1,118,100 15,800 1,318,300 56,243,600 11,479,901 2,381,807 732,994 15,762 29,508 98% 100% 69% 60% 34% 55,876,100 14,639,972 74% 25,579,100 27,129,200 (2,247,200) (2,077,900) $ 23,331,900 $ 25,051,300 $ 12,925,156 (52)% - 100% 12,925,156 (48)% 63 Significant budgetary variances between the final amended budget and actual amounts are as follows: • $11,844,976 negative variance for intergovernmental revenues primarily related to lower intergovernmental reimbursements for commuter rail expenditures; • $98,674 negative variance for investment income includes lower investment yields and unrealized losses; • $100,494 negative variance for other revenues related to reimbursable executive management costs; • $10,217,400 positive variance for general government expenditures primarily related to the administrative cost allocations process; • $26,130,699 positive variance for commuter rail expenditures related to lower station maintenance and repairs and Metrolink operations costs due to COVID-19 impacts and the availability of federal COVID-19 relief funds to SCRRA; • $3,581,593 positive variance for planning and programming expenditures related to lower professional services, special studies, and advertising; • $385,106 positive variance for transit and specialized transportation expenditures related to lower professional services, special studies, and other expenditures such as staff support; • $1,288,792 positive variance for capital outlay expenditures related to delay in implementation of replacement of finance enterprise resource planning system; • $14,204,044 negative variance for transfers in related to the administrative cost allocations and lower commuter rail activities than anticipated; and • $2,077,900 positive variance for transfers out related to the administrative cost allocations process that affected commuter rail, planning and programming, and transit and specialized transportation activities. Capital Assets As of June 30, 2021, the Commission had $1,237,455,966, net of accumulated depreciation and amortization, invested in a broad range of capital assets including development and construction in progress and easements; land and land improvements; construction rail operating easements, stations, and tracks; buildings; toll infrastructure; transponders; toll facility franchise; and office improvements, furniture, equipment, and vehicles. The total increase in the Commission's total capital assets, net for FY 2020/21 was 4% and primarily attributable to substantial completion of the 1-15 Express Lanes project on April 10, 2021. Major capital asset additions during 2021 included buildings; toll infrastructure; toll facility franchise; and office improvements, furniture, equipment, and vehicles primarily related to the substantial completion of the 1-15 Express Lanes project in April 2021. The table below is a comparative summary of the Commission's capital assets, net of accumulated depreciation: Governmental Activities 2021 2020 Business -Type Activities 2021 2020 Total 2021 2020 Capital assets not being depreciated: Land and land improvements Construction easements Rail operating easements Construction in progress Development in progress Total capital assets not being depreciated $ 170,315,513 $ 179,433,422 4,167,671 4,221,021 63,846,199 63,846,199 111,489,211 397,206,440 249,184 227,266 350,067,778 644,934,348 $ 25,608,011 $ 29,215,720 $ 195,923,524 53,350 — 4,221,021 63,846,199 111,489,211 2,417,207 — 2,666,391 28,078,568 29,215,720 378,146,346 $ 208,649,142 4,221,021 63,846,199 397,206,440 227,266 674,150,068 6� Governmental Activities Bus less T pe Activities Total 2021 2020 2021 2020 2021 2020 Capital assets being depreciated and amortized, net of accumulated depreciation and amortization: Rail stations 129,369,739 129,708,580 — — 129,369,739 129,708,580 Rail tracks 129,060,954 134,240,658 — — 129,060,954 134,240,658 Temporary construction easements 39,573 57,815 — — 39,573 57,815 Buildings and building improvements — 3,148,989 6,854,220 1,124,381 6,854,220 4,273,370 Toll infrastructure — — 17,007,976 10,247,830 17,007,976 10,247,830 Transponders — — 87,888 178,652 87,888 178,652 Toll facility franchise — — 576,442,794 234,779,131 576,442,794 234,779,131 Office improvements, furniture, 339,745 560,191 106,731 21,010 446,476 581,201 equipment, and vehicles Total capital assets, net of accumulated 258,810,011 267,716,233 600,499,609 246,351,004 859,309,620 514,067,237 depreciation and amortization Total capital assets $ 608,877,789 $ 912,650,581 $ 628,578,177 $ 275,566,724 $1,237,455,966 $1,188,217,305 On March 20, 2017, the 91 Project was substantially completed and the RCTC 91 Express Lanes opened to motorists. In connection with a toll facilities agreement with Caltrans, or service concession agreement, the Commission may collect tolls and operate and maintain a toll facility on SR -91 from the Orange/Riverside County line to 1-15 for 50 years from opening. On April 10, 2021, the 1-15 Express Lanes project was substantially completed and the 15 Express Lanes opened to motorists; the 15 Express Lanes began tolling on April 14, 2021. In connection with a toll facilities agreement with Caltrans, or service concession agreement, the Commission may collect tolls and operate and maintain a toll facility on 1-15 between Cajalco Road in Corona and SR -60 in Jurupa Valley for 50 years from opening and commencement of tolling. More detailed information about the Commission's capital assets is presented in Note 4 to the financial statements. Debt Administration As of June 30, 2021, the Commission had $1,738,721,046 outstanding in sales tax and toll revenue bonds and TIFIA loans. The total debt increased from the $1,730,325,877 outstanding as of June 30, 2020, primarily due to the following: • Toll revenue bonds capital appreciation bonds accretion of $5,495,251; • TIFIA loan draws of $21,640,547 and compounded interest of $3,872,954 related to the 1-15 Express Lanes project and 15 Express Lanes; • TIFIA compounded interest of $16,998,855 related to the RCTC 91 Express Lanes; • Sales tax revenue bonds principal payments of $28,495,000; • Sales tax revenue bonds premium amortization of $11,190,511; and • Toll revenue bonds discount amortization of $73,073. The Commission's sales tax revenue bonds received ratings of "AA+" from S&P Global Ratings (S&P), "Aa2" from Moody's Investors Service (Moody's), and "AA" from Fitch Ratings (Fitch), and the toll revenue bonds related to the 91 Project received ratings of "A" and "BBB+" from S&P and Fitch, respectively. The TIFIA loan related to the 91 Project received a rating of "BBB+" from Fitch, and the TIFIA loan related to the 1-15 Express Lanes project received ratings of "BBB" from Kroll Bond Rating Agency and "BBB-" from Fitch. In March 2005 the Commission established a commercial paper program, currently authorized at $60,000,000 to provide advance funding for 2009 Measure A capital projects. The commercial paper notes are rated "Al" by S&P and "P1" by Moody's. As of June 30, 2021, the Commission had $0 in commercial paper notes outstanding. 61i The sales tax revenue debt limitation for the Commission under the 2009 Measure A program is $975,000,000 which exceeds the total outstanding debt of $777,315,000. The Commission has authorized the issuance of toll revenue bonds, including a TIFIA loan, for the 91 Project not to exceed $900,000,000, which is in excess of the total outstanding debt of $713,554,311. The Commission also authorized the issuance of a TIFIA loan, for the 1-15 Express Lanes project not to exceed $165,000,000, which is in excess of the total outstanding debt of $153,605,519. In March 2020, the Commission authorized the sale and issuance of not to exceed $725 million of toll revenue refunding bonds related to the RCTC 91 Express Lanes; subsequent to June 30, 2021, the Commission issued the refunding bonds in October 2021. TIFIA loans provided federal funding up to $421,054,409 for the 91 Project and $152,214,260 for the 1-15 Express Lanes project on a subordinate lien basis and a senior lien basis, respectively. Additional information on the Commission's long-term debt can be found in Note 6 to the financial statements. Economic Factors and Other Factors During its March 2021 Commission meeting, the Commission adopted guiding principles for use in the preparation of the FY 2021/22 Budget. These principles have been incorporated in goals of the Commission and will continue to be updated annually in response to the ever-changing social, political, and economic environment. The principles are a business planning tool designed to assist the Commission in implementing its strategic goals and objectives and lays the foundation for future financial planning for the annual budget process. The Commission adopted the FY 2021/22 annual budget on June 9, 2021. Approximately 33% of the $1,391,188,100 balanced budget is related to capital project expenditures, including: • $14,869,000 for completion of right of way acquisition, construction, and design -build activities related to the 91 Project consisting of tolled express and general purpose lanes and interchange improvements; • $13,493,000 for repair and rehabilitation of the 91 Express Lanes; • $16,396,000 for construction, design -build and right of way activities related to the 91 Corridor Operations project; • $16,914,000 for completion of construction and design -build activities related to the 1-15 Express Lanes project; • $90,537,000 for construction and design -build activities related to the 15/91 Express Lanes Connector project; • $6,500,000 for preliminary engineering related to the 1-15 Express Lanes -Southern Extension project; • $4,300,000 for preliminary engineering related to the 1-15 Corridor Operations project; • $13,125,500 for right of way support services, final design, and construction related to the I-15/Railroad Canyon Interchange project; • $8,269,000 for preliminary engineering, right of way acquisition/support services, and construction related to the 71/91 Connector project; • $117,248,500 for right of way acquisition/support services and construction related to the Western County SB 132 projects for which the Commission is not the lead agency; • $45,170,000 for preliminary engineering, construction and right of way related to the SR -60 Truck Lanes project; • $6,239,000 for right of way acquisition/support services and construction related to the Pachappa Underpass project; • $17,770,500 for various Western County Measure A and TUMF regional arterial projects; • $63,246,600 for preliminary engineering, construction, and right of way acquisition/support services for the Mid County Parkway project; and • $16,414,500 for preliminary engineering, construction, and right of way acquisition/support services for various rail station upgrades. Distributions to the local jurisdictions for local streets and roads are budgeted at $63,702,300. Budgeted expenditures related to funding of public bus transit operations and capital projects in the County aggregate $155,500,400. Debt service costs are $578,722,200, or 42% of the budget. The Commission considered the COVID-19 impacts on revenue projections in preparing its 2022 fiscal year budget. gg There are obvious variables in terms of project financing available from federal and state funds. There is continuing uncertainty regarding long-term federal transportation funding for the Commission's capital projects and programs. The Commission continues to study alternative financing alternatives such as tolled express lane facilities and federal financing programs to support the delivery of 2009 Measure A projects. Contacting the Commission's Management This financial report is designed to provide a general overview of the Commission's finances for all those with an interest in the government's finances and to show the Commission's accountability for the money it receives. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Chief Financial Officer, Finance Department at the Riverside County Transportation Commission, 4080 Lemon Street, 3rd Floor, P.O. Box 12008, Riverside, California 92502-2208. RIVERSIDE COUNTY TRANSPORTATION COMMISSION Basic Financial Statements Riverside County Transportation Commission Statement of Net Position June 30, 2021 Governmental Business -type Activities Activities Total Assets Cash and investments $ 795,711,827 $ 81,631,791 $ 877,343,618 Receivables: Accounts 197,993,356 3,794,894 201,788,250 Advances to other govemments 19,373,425 19,373,425 Interest 1,237,662 220,526 1,458,188 Internal balances 9,108,048 (9,108,048) - Due from other governments 234,345 234,345 Prepaid expenses and other assets 3,558,411 806,979 4,365,390 Restricted cash and investments 41,745,586 116,249,109 157,994,695 Net other post -employment benefits assets 681,247 57,953 739,200 Capital assets not being depreciated 350,067,778 28,078,568 378,146,346 Capital assets, net of accumulated depreciation and amortization 258,810,011 600,499,609 859,309,620 Total assets 1,678,521,696 822,231,381 2,500,753,077 Deferred outflows of resources Loss on refunding of bonds Pension related Other post -employment benefits related Total deferred outflows of resources Total assets and deferred outflows of resources 32,526,898 6,782,239 762,441 40,071,578 1,718,593,274 576,955 64,859 32,526,898 7,359,194 827,300 641,814 40,713,392 822,873,195 2,541,466,469 Liabilities Accounts payable 96,914,158 6,263,890 103,178,048 Interest payable 3,299,941 2,909,985 6,209,926 Other liabilities 2,418,322 155,921 2,574,243 Long-term liabilities: Due within one year - bonds, leases, and compensated absences 41,423,624 3,869,448 45,293,072 Due in more than one year Net pension liabilities 482,921 41,082 524,003 Bonds, loans, leases, and compensated absences 831,538,176 863,405,220 1,694,943,396 Total liabilities 976,077,142 876,645,546 1,852,722,688 Deferred inflows of resources Pension related Other post -employment benefits related Total deferred inflows of resources Total liabilities and deferred inflows of resources 5,322,577 468,635 5,791,212 981,868,354 452,784 5,775,361 39,865 508,500 492,649 6,283,861 877,138,195 1, 859, 006,549 Net position Net investment (deficit) in capital assets 353,189,808 (109,184,608) 244,005,200 Restricted for: Bicycle and pedestrian facilities 7,091,610 7,091,610 CETAP 61,978,642 61,978,642 Commuter assistance 17,360,071 17,360,071 Commuter rail 77,660,489 77,660489 Debt service 11,529,992 11,529,992 Highways 320,452,091 320,452,091 Local streets and roads 1,211 1,211 Motorist assistance 11,844,878 11,844,878 Express lanes - 54,919,608 54,919,608 Planning and programming 3,543,506 3,543,506 Regional arterials 130,410,883 130,410,883 Regional conservation 205 205 Transit and specialized transportation 335,319,356 335,319,356 Unrestricted (deficit) (593,657,822) (593,657,822) Total net position $ 736,724,920 $ (54,265,000) $ 682,459,920 See notes to basic financial statements 17 70 Riverside County Transportation Commission Statement of Activities Year Ended June 30, 2021 Net (Expense) Revenue Program Revenues and Changes in Net Position Charges for Operating Grants Capital Grants Governmental Business -type Functions/Programs Expenses Services and Contributions and Contributions Activities Activities Total Primary Government Governmental Activities: General government $ 1,127,083 $ 8 $ 380,389 $ $ (746,686) $ - $ (746,686) Bicycle and pedestrian facilities 3,388,814 - (3,388,814) - (3,388,814) CETAP 5,723,685 - 13,915,072 8,191,387 8,191,387 Commuter assistance 3,110,681 - 1,562,836 - (1,547,845) - (1,547845) Commuter rail 37,367,041 249,825 10,876,863 10,888,339 (15,352,014) - (15,352,014) Highways 122,407,790 81,503 79,934,086 60,648,075 18,255,874 18,255,874 Local streets and roads 74,082,952 - - (74,082,952) - (74,082,952) Motorist assistance 4,498,883 - 5,418,749 919,866 919,866 Planning and programming 3,730,032 - 727,454 (3,002,578) (3,002,578) Regional arterials 30,985,584 - 26,674,841 (4,310,743) (4,310,743) Regional conservation 1,832,340 - 1,721,498 (110,842) (110,842) Transit and specialized transportation 50,535,684 - 13,605,971 (36,929,713) (36,929,713) Interest expense 35,080,824 - - (35,080,824) (35,080,824) Total govemmental activities 373,871,393 331,336 154,817,759 71,536,414 (147,185,884) (147,185,884) Business -type Activities: RCTC 91 Express Lanes 56,311,332 46,302,018 - - - (10,009,314) (10,009,314) 15 Express Lanes 5,540,819 5,544,148 - - - 3,329 3,329 Total Business -type activities 61,852,151 51,846,166 - (10,005,985) (10,005,985) Total Primary Government $ 435,723,544 See notes to basic financial statements $ 52,177,502 $ 154,817,759 $ 71,536,414 (147,185,884) (10,005,985) (157,191,869) General Revenues: Measure A sales taxes 242,943,840 242,943,840 Transportation Development Act sales taxes 146,615,629 146,615,629 Unrestricted investment earnings 2,326,345 324,156 2,650,501 Other miscellaneous reveue 5,765,473 - 5,765,473 Gain on sale of capital assets, net - 1,100,189 1,100,189 Transfers (230,548,696) 230,548,696 - Total general revenues and transfers 167,102,591 231,973,041 399,075,632 Change in net position 19,916,707 221,967,056 241,883,763 Net position (deficit) at beginning of year Net position (deficit) at end of year $ 716,808,213 (276,232,056) 440,576,157 736,724,920 $ (54,265,000) $ 682,459,920 18 71 Riverside County Transportation Commission Balance Sheet • Governmental Funds June 30, 2021 Major Funds Special Revenue Assets Cash and investments Receivables Accounts Advances Interest Due from other funds Advances to other funds Prepaid expenditures and other assets Restricted cash and investments Total assets General Transportation Measure A Measure A Uniform Local State Western Coachella Mitigation Transportation Transit County Valley Fee Fund Assistance SB 132 20,618,186 $ 268,205,111 $ 76,963,684 $ 119,282,689 $ 155,133,435 $ 125,310,375 $ - 13,547,683 89,536,148 10,733,822 12,363,564 33,291,546 5,025,373 27,109,814 19,228 708,919 58,053 91,979 92,855 101,090 16,960 13,442,898 2,075,365 131,713 19,891 - 9,000,000 - - 164,621 3,392,516 1,075 - $ 47,792,616 $ 372,918,059 $ 87,887,272 $ 131,759,198 $ 188,517,836 $ 130,436,838 $ 27,126,774 Liabilities, deferred inflows of resources, and fund balances Liabilities Accounts payable $ 9,605,285 $ 46,414,125 $ 8,871,821 $ 8,447,502 $ 1,790,024 $ 1,822,360 $ 18,663,456 Due to other funds - 2,045,151 598,939 217,879. 2,181,390 32,300 8,606,432 Other liabilities 269,300 831,192 28,597 - - Totalliabilities 9,874,585 49,290,468 9,470,760 8,693,978 3,971,414 1,854,660 27,269,888 Deferred inflows of resources - unavailable revenue Fund balances Nonspendable-prepaid amounts Restricted for Bicycle and pedestrian facilities CETAP Commuter assistance Commuter rail Debt service Highways Local streets and roads Motorist assistance Planning and programming Regional arterials Regional conservation Transit and specialized transportation Assigned General government Unassigned Total fund balances Total liabilities, deferred inflows of resources, and fund balances See notes to basic financial statements 164,621 3,392,516 17,360,071 30,626,065 43,408,171 174,751,604 74,981,270 896 298 3,521,095 69,324,305 15,390,028 3,434,944 3,606,250 1,075 61,978,642 61,085,503 7,091,610 177,454,812 128,582,178 (143,114) 37,918,031 323,627,591 78,416,512 123,065,220 184,546,422 128,582,178 (143,114) $ 47,792,616 $ 372,918,059 $ 87,887,272 $ 131,759,198 $ 188,517,836 $ 130,436,838 $ 27,126,774 19 72 Riverside County Transportation Commission Balance Sheet • Governmental Funds, Continued June 30, 2021 Major Funds Capital Projects Commercial Paper Bonds Other Nonmajor Debt Governmental Service Funds Total Assets Cash and investments $ 435,637 $ 1,130,984 $ 4,827,469 $ 23,804,257 $ 795,711,827 Receivables Accounts - - 1,406,066 4,979,340 197,993,356 Advances 16,724,396 2,649,029 - - 19,373,425 Interest 972 128,589 3,296 15,721 1,237,662 Due from other funds 434,145 67,894 16,171,906 Advances to other funds 9,000,000 Prepaid expenditures and other assets 199 3,558,411 Restricted cash and investments - 34,914,646 6,830,940 - 41,745,586 Total assets $ 17,595,150 $ 38,891,142 $ 13,067,771 $ 28,799,517 $ 1,084,792,173 Liabilities, deferred inflows of resources, and fund balances Liabilities Accounts payable $ $ - $ - $ 1,299,585 $ 96,914,158 Due to other funds - 1,537,779 843,988 16,063,858 Other liabilities 434,145 67,894 787,194 2,418,322 Total liabilities 434,145 67,894 1,537,779 2,930,767 115,396,338 Deferred inflows of resources - unavailable revenue 537,495 66,640 - 604,135 Fund balances Nonspendable-prepaid amounts - - 199 3,558,411 Restricted for Bicycle and pedestrian facilities - - 7,091,610 CETAP - 61,978,642 Commuter assistance - - - - 17,360,071 Commuter rail - - 3,543,845 77,578,081 Debt service - - 11,529,992 - 11,529,992 Highways 16,623,510 38,756,608 - - 305,112,992 Local streets and roads 17 1,211 Motorist assistance 11,844,679 11,844,679 Planning and programming - - 22,411 3,543,506 Regional arterials - - - 130,409,808 Regional conservation - - 205 205 Transit and specialized transportation - - - 10,457,394 335,319,356 Assigned General govemment - - - - 3,606,250 Unassigned (143,114) Total fund balances 16,623,510 38,756,608 11,529,992 25,868,750 968,791,700 Total liabilities, deferred inflows of resources, and fund balances $ 17,595,150 $ 38,891,142 $ 13,067,771 $ 28,799,517 $ 1,084,792,173 See notes to basic financial statements RIVERSIDE COUNTY TRANSPORTATION COMMISSION Riverside County Transportation Commission Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position June 30, 2021 Total fund balances - Governmental funds page 20 Amounts reported for governmental activities in the statement of net position page 17 are different because: Amounts due from other governments are not an available resource and therefore, are not reported in the funds. Deferred outflows of pension resources are not available to pay for current -period expenditures and, therefore, are not reported in the funds. Deferred inflows of pension resources are not due and payable in the current period and, therefore, are not reported in the funds. $ 968,791,700 234,345 6,782,239 (5,322,577) Deferred outflows of other post -employment benefits resources are not available to pay for current -period expenditures and, therefore, are not reported in the funds. 762,441 Deferred inflows of other post -employment benefits resources are not due and payable in the current period and, therefore, are not reported in the funds. (468,635) Capital assets, less related accumulated depreciation, used in govemmental activities are not financial resources and therefore are not reported in the funds. 608,877,789 Certain revenues are not available to pay for current period expenditures and, therefore, are reported as deferred inflows of resources in the funds. 604,135 Interest payable on bonds outstanding is not due and payable in the current period and therefore is not reported in the funds. (3,299,941) Net other post -employment asset is not reported in the funds. 681,247 Long-term liabilities are not due and payable in the current period and therefore are not reported in the funds. Those liabilities consist of: Net pension liability (482,921) Compensated absences (1,368,862) Capital lease obligation (31,722) Sales tax bonds payable (777,315,000) Loss on refunding of sales tax bonds 32,526,898 Premium on sales tax revenue bonds payable (94,246,216) Net adjustment (840,917,823) Net position of governmental activities page 17 $ 736,724,920 See notes to basic financial statements 22 75 Riverside County Transportation Commission Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds Year Ended June 30, 2021 Major Funds Special Revenue Revenues Sales taxes Transportation Uniform Mitigation Fee Intergovernmental Investment income Other Total revenues General Transportation Measure A Measure A Uniform Local State Western Coachella Mitigation Transportation Transit County Valley Fee Fund Assistance SB 132 $ 189,843,732 $ 52,036,378 13,736,424 80,589,452 - 32,926 492,874 67,218 1,206 5,746,267 - 13,770,556 276,672,325 52,103,596 $ - $ 123,038,694 $ 19,494,903 $ - 28,301,547 - 12,288,366 13,605,971 - 72,455,269 78,308 119,528 112,456 36,446 18,000 - - - 40,686,221 136,764,193 19,607,359 72,491,715 Expenditures Current: General govemment 398,552 - - 12,000 Bicycle and pedestrian facilities 3,388,814 - CETAP 2,016,814 Commuter assistance 3,071,831 Commuter rail 11,479,901 16,871,212 - - - - Highways 110,056,239 13,098,016 - 74,663,575 Local streets and roads 54,806,078 18,212,734 - - - Motorist assistance - - - - - Planning and programming 2,381,807 - - 856,000 - Regional arterials - 1,249,823 29,722,972 - - Regional conservation - Transit and specialized transportation 732,994 2,476,822 6,081,183 30,144,104 10,065,565 Total programs 14,594,702 188,930,557 37,391,933 31,739,786 34,400,918 10,065,565 74,663,575 Debt service: Principal 10,099 - Interest 5,663 - - Totaldebtservice 15,762 - - - Capital outlay 29,508 4,720,834 Total expenditures 14,639,972 193,651,391 37,391,933 Excess (deficiency) of revenues over (under) expenditures (869,416) 83,020,934 14,711,663 Other financing sources (uses): Debt issuance 15,660,996 Transfers in 12,925,156 28,664,670 131,713 Transfers out - (67,498,818) Totalotherfinancingsources(uses) 12,925,156 (23,173,152) 131,713 Net change in fund balances 12,055,740 59,847,782 14,843,376 Fund balances at beginning of year 25,862,291 263,779,809 63,573,136 Fund balances at end of year $ 37,918,031 $ 323,627,591 $ 78,416,512 31,739,786 34,400,918 10,065,565 74,663,575 See notes to basic financial statements $ 8,946,435 102,363,275 9,541,794 (2,171,860) 104,776 (3,523,099) (3,418,323) 5,528,112 117,537,108 123,065,220 $ (14,925,156) (14,925,156) 87,438,119 97,108,303 184,546,422 $ (672,000) (672,000) 8,869,794 119,712,384 128,582,178 $ 2,000,000 2,000,000 (171,860) 28,746 (143,114) 23 76 Riverside County Transportation Commission Statement of Revenues, Expenditures and Changes in Fund Balances - Govemmental Funds Year Ended June 30, 2021 Major Funds Capital Projects Revenues Sales taxes Transportation Uniform Mitigation Fee Intergovernmental Investment income Other Total revenues Commercial Paper Bonds Other Nonmajor Debt Govemmental Service Funds Total $ $ 1,127,140 $ - $ 5,145,762 $ 389,559,469 - - 28,301,547 2,818,319 7,535,789 203,029,590 302,875 3,118 14,200 2,387,089 98,174 5,863,647 1,127,140 302,875 2,821,437 12,793,925 629,141,342 Expenditures Current General government - - - 410,552 Bicycle and pedestrian facilities - - - 3,388,814 CETAP - - - 2,016,814 Commuter assistance - 3,071,831 Commuter rail - - 1,028,692 29,379,805 Highways - - 197,817,830 Local streets and roads - - - 1,064,140 74,082,952 Motorist assistance - 4,486,182 4,486,182 Planning and programming - 403,151 3,640,958 Regional arterials - - - - 30,972,795 Regional conservation - 1,721,498 1,721,498 Transit and specialized transportation - - 988,451 50,489,119 Total programs - 9,692,114 401,479,150 Debt service: Principal - 28,495,000 28,505,099 Interest - 225,946 41,024,038 41,255,647 Total debt service - 225,946 69,519,038 - 69,760,746 Capital outlay - 4,750,342 Total expenditures - 225,946 69,519,038 9,692,114 475,990,238 Excess (deficiency) of revenues over (under) expenditures 1,127,140 76,929 (66,697,601) 3,101,811 153,151,104 Other financing sources (uses): Debt issuance - 15,660,996 Transfers in 437,750 69,525,309 2,637,900 116,427,274 Transfers out (2,626,795) (31,786,852) (2,950,032) (2,791,103) (126,773,855) Total other financing sources (uses) (2,626,795) (31,349,102) 66,575,277 (153,203) 5,314,415 Net change in fund balances (1,499,655) (31,272,173) (122,324) 2,948,608 158,465,519 Fund balances at beginning of year 18,123,165 70,028,781 11,652,316 22,920,142 810,326,181 Fund balances at end of year $ 16,623,510 $ 38,756,608 $ 11,529,992 $ 25,868,750 $ 968,791,700 See notes to basic financial statements RIVERSIDE COUNTY TRANSPORTATION COMMISSION Riverside County Transportation Commission Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities Year Ended June 30, 2021 Net change in fund balances - Total governmental funds page 24 Amounts reported for governmental activities in the statement of activities page 18 are different because: Governmental funds report capital outlays as expenditures. However, in the statement of activities, the cost of those assets is allocated over its estimated useful lives and reported as depreciation expense. The adjustment combines the net changes of the following amounts: Capital outlay Loss on sale of assets Depreciation expense Net adjustments $ 158,465,519 80,853,943 (4,373,568) (12,671,671) 63,808,704 Revenues in the statement of activities that do not provide current financial resources are not reported as revenues in the funds. (60,248) The issuance of long-term debt (e.g., bonds) provides current financial resources to governmental funds, while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net position. Also, governmental funds report the effect of premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the statement of activities. The adjustment combines the net changes of the following amounts: Principal payments for sales tax revenue refunding bonds Principal payment for sales tax revenue bonds TIFIA loan proceeds Change in TIFIA loan accrued interest Amortization of sales tax revenue bonds premium Amortization of loss on 2017B Refunding Bonds Capital lease payments Change in accrued interest Net pension liability Pension change in deferred outflows of resources Pension change in deferred inflows of resources Net other post -employment benefits asset Other post -employment benefits change in deferred outflows of resources Other post -employment benefits change in deferred inflows of resources Net adjustments Some expenses reported in the statement of activities do not require the use of current financial resources and therefore are not reported as expenditures in governmental funds. The adjustment combines the net changes of the compensated absences. The effect of transfers between the Governmental and Business -type activities. Transfer of TIFIA loan long-term debt Transfer of TIFIA loan compounded interest Transfer of capital assets Net adjustments Change in net position of governmental activities page 18 See notes to basic financial statements 10,335,000 18,160,000 (15,660,996) (3,626,367) 11,190,511 (1,807,050) 10,099 417,729 7,764,296 (4,164,867) (4,920,787) 149,683 239,197 15,782 18,102,230 (197,383) 143,753,014 3,626,367 (367,581,496) (220,202,115) $ 19,916,707 Riverside County Transportation Commission Statement of Net Position Proprietary Fund June 30, 2021 Business -Type Activities RCTC 91 Express Lanes Enterprise Fund 15 Express Lanes Enterprise Fund Total Assets Current assets: Cash and investments $ 80,976,283 $ 655,508 $ 81,631,791 Receivables Accounts 1,664,719 2,130,175 3,794,894 Interest 220,297 229 220,526 Due from Commmission funds 891,711 891,711 Prepaid expenses 188,727 618,252 806,979 Total current assets 83,941,737 3,404,164 87,345,901 Noncurrent assets: Restricted cash and investments Other post -employment benefits assets Capital assets, net: Nondepreciable Depreciable and amortizable Total noncurrent assets Total assets Deferred outflows of resources Pension benefits Other post -employment benefits Total deferred outflows of resources Total assets and deferred outflows of resources 88,696,432 27,552,677 116,249,109 52,342 5,611 57,953 27,466,813 235,249,631 351,465,218 435,406,955 521,094 611,755 28,078,568 365,249,978 600,499,609 393,420,021 744,885,239 396,824,185 832,231,140 55,861 576,955 58,580 6,279 64,859 579,674 435,986,629 62,140 641,814 396,886,325 832,872,954 Liabilities Current liabilities: Accounts payable 4,360,386 1,903,504 6,263,890 Interest payable 2,028,876 881,109 2,909,985 Due to Commission funds 918,608 81,151 999,759 Other liabilities 537 155,384 155,921 Compensated absences liability 44,784 4,664 49,448 Bonds payable - due in less than one year 3,820,000 - 3,820,000 Total current liabilities 11,173,191 3,025,812 14,199,003 Noncurrent liabilities: Net pension liabilities 37,104 3,978 41,082 Compensated absences liability 59,223 6,167 65,390 Advance from other Commission fund - 9,000,000 9,000,000 Bonds payable - due in more than one year 709,734,311 153,605,519 863,339,830 Total noncurrent liabilities 709,830,638 162,615,664 872,446,302 Total liabilities 721,003,829 165,641,476 886,645,305 Deferred inflows of resources Pension benefits Other -post employment benefits Total deferred inflows of resources 408,946 43,838 452,784 36,006 3,859 39,865 444,952 47,697 492,649 Total liabilities and deferred inflows of resources 721,448,781 165,689,173 887,137,954 Net position Net investment (deficit) in capital assets Restricted for toll operations Total net position (deficit) See notes to basic financial statements (333,137,341) 47,675,189 223,952,733 (109,184,608) 7,244,419 54,919,608 (285,462,152) $ 231,197,152 $ (54,265,000) 80 Riverside County Transportation Commission Statement of Revenues, Expenses and Changes in Fund Net Position Proprietary Fund For the Year Ended June 30, 2021 Business -Type Activities Operating revenues Tolls, penalties, and fees RCTC 91 Express Lanes Enterprise Fund 15 Express Lanes Enteprise Fund Total 46,302,018 $ 5,544,148 $ 51,846,166 Operating expenses Management and operational services 10,527,308 2,018,801 12,546,109 Administrative overhead 875,400 53,500 928,900 Other operating expenses 2,176,684 25,193 2,201,877 Professional services 1,349,767 70,071 1,419,838 General and administrative expenses 874,718 71,834 946,552 Depreciation and amortization 10,768,067 2,611,474 13,379,541 Total operating expenses 26,571,944 4,850,873 31,422,817 Operating income 19,730,074 693,275 20,423,349 Nonoperating revenues (expenses) Investment earnings 323,792 364 324,156 Interest expense (29,739,388) (689,946) (30,429,334) Gain on sale of capital assets, net 1,100,189 - 1,100,189 Total nonoperating revenues (expenses) (28,315,407) (689,582) (29,004,989) Income before transfers (8,585,333) 3,693 (8,581,640) Transfers in from other governmental funds Transfers in from other Enterprise funds Transfers out to other Enterprise funds Transfers out to other governmental funds Total Transfers 891,711 384,098,430 384,990,141 - 891,711 891,711 (891,711) - (891,711) (644,763) (153,796,682) (154,441,445) (644,763) 231,193,459 230,548,696 Change in net position (9,230,096) Net position (deficit) at beginning of year Net position (deficit) at end of year See notes to basic financial statements 231,197,152 221,967,056 (276,232,056) (276,232,056) $ (285,462,152) $ 231,197,152 $ (54,265,000) 8128 Riverside County Transportation Commission Statement of Cash Flows Proprietary Fund For the Year Ended June 30, 2021 RCTC 91 Express Lanes 15 Express Lanes Enterprise Enterprise Fund Fund Total Cash flows from operating activities Receipts from customers and users $ 45,309,382 $ 3,598,880 $ 48,908,262 Payments to vendors (11,516,936) (845,971) (12,362,907) Payments to employees (733,081) (72,665) (805,746) Payments for RCTC interfund services used (677,200) (1,300) (678,500) Reimbursements received for shared costs 200,494 - 200,494 Reimbursements received for lease costs - 12,172 12,172 Net cash provided by operating activities 32,582,659 2,691,116 35,273,775 Cash flows from noncapital financing activities Transfers of surplus funds to governmental activities (515,538) (515,538) Transfers from governmental activities for operations and maintenance - 16,500,946 16,500,946 Net cash used for noncapital fnancing activities (515,538) 16,500,946 15,985,408 Cash flows from capital and related financing activities Interest paid on long-term debt (7,119,938) (7,119,938) Reimbursements from other government for acquisition of capital assets (2,417,207) - (2,417,207) Proceeds from sale of capital assets 4,707,897 4,707,897 Advance from other Commission fund, including accumulated interest earnings - 9,015,989 9,015,989 Net cash used for capital and related financing activities (4,829,248) 9,015,989 4,186,741 Cash flows from investing activities Interest received 703,370 703,370 Net cash provided by investing activities 703,370 703,370 Net increase in cash and cash equivalents 27,941,243 28,208,051 56,149,294 Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 141,715,370 141,715,370 $ 169,656,613 $ 28,208,051 $ 197,864,664 Reconciliation of cash and cash equivalents to statement of net position Cash and investments $ 80,976,283 $ 655,508 $ 81,631,791 Less: fair value adjustment (16,102) (134) (16,236) 80,960,181 655,374 81,615,555 Restricted cash and investments 88,696,432 27,552,677 116,249,109 Total cash and cash equivalents $ 169,656,613 $ 28,208,051 $ 197,864,664 See notes to basic financial statements 8229 Riverside County Transportation Commission Statement of Cash Flows, Continued Proprietary Fund For the Year Ended June 30, 2021 RCTC 91 Express Lanes Enterprise Fund 15 Express Lanes Enterprise Fund Total Reconciliation of operating income to net cash provided by (used for) operating activities Operating income $ 19,730,074 $ 693,275 $ 20,423,349 Adjustments to reconcile operating income to net cash provided by (used for) operating activities Depreciation and amortization expense 10,768,067 2,611,474 13,379,541 (Increase) Decrease in violations receivables 19,607,950 - 19,607,950 (Increase) Decrease in other receivables, net (1,037,882) (2,130,175) (3,168,057) (Increase) Decrease due in from other funds 6,084 - 6,084 (Increase) Decrease in prepaid assets (21,490) (618,252) (839,742) Increase (Decrease) in pension and other -post employment benefits liabilities, net of deferred items 64,434 (16,076) 68,358 Increase (Decrease) in accounts payable 2,797,968 1,903,504 4,701,472 Increase (Decrease) in due to other funds 204,315 .81,151 285,466 Increase (Decrease) in unearned revenue (19,607,949) - (19,607,949) Increase (Decrease) in deposits payable - - - Increase (Decrease) in compensated absences liability 50,986 10,831 61,817 Increase (Decrease) in other liabilities 103 155,384 155,487 Total adjustments 12,852,585 1,997,841 14,850,426 Net cash provided by operating activities $ 32,582,659 $ 2,691,116 $ 35,273,775 Noncash capital, financing and investing activities Amortization of bond discount Accreted and compounded interest on TIFIA Loan Compounded interest on advance from other Commission fund Net increase (decrease) in the fair value of investments Transfer in of capital and intangible assets from govemmental activities Transfer in of toll revenue debt from governmental activities Transfer in (out) of capital assets. See notes to basic financial statements 73,073 $ - $ 73,073 22,494,107 545,584 23,039,691 .84,806 .84,806 (204,403) 134 (204,269) 367,581,496 367,581,496 147,379,381 147,379,381 (891,711) 891,711 - 803 Riverside County Transportation Commission Notes to Basic Financial Statements June 30, 2021 Note 1. Summary of Significant Accounting Policies Reporting entity: The Riverside County Transportation Commission (Commission) was formed in 1976 under Division 12 (commencing with Section 130000) of the California Public Utilities Code (PUC). The Commission is a special district governed by a 34 -member board of commissioners (Board) consisting of one representative from each city in the county, all five county supervisors, and one nonvoting state representative. The Commission provides short-range transportation planning and programming for Riverside County (County), which includes the administration of the Local Transportation Fund (LTF) and the State Transit Assistance (STA) programs created under the Transportation Development Act (TDA) by the State of California (State). The LTF is administered by the Commission on behalf of the County. The purpose of this program is to allocate funds for public transportation needs, local streets and roads, bicycle and pedestrian facilities, and multimodal transportation terminals. The STA program allocates funds for public transportation purposes to those geographic areas with special public transportation needs, which cannot be met otherwise. On November 8, 1988, the Commission was empowered by the voters of the County, under Ordinance No. 88-1 (1989 Measure A), to collect a one-half of one percent sales tax for the purpose of improving the transportation system of the County. Measure A was enacted, in part, pursuant to the provisions of Division 25 (commencing with Section 240000) of the California Public Utilities Code and Section 7252.22 of the Revenue and Taxation Code. On November 12, 2002 Riverside County's voters approved a 30 - year renewal of Measure A under Ordinance No. 02-001 (2009 Measure A). The voter action ensured the replacement of the 1989 Measure A program when it expired in 2009 with a new 30 -year program that continues funding transportation improvements until June 2039. In connection with the 2009 Measure A program, the County and cities in the Western County area implemented a Transportation Uniform Mitigation Fee (TUMF) program to fund a regional arterial system to handle the traffic demands in the Western Riverside County (Western County) area as a result of future development. Under the 2009 Measure A program, the Commission shall receive the first $400 million of TUMF revenues to fund the regional arterial projects and new Community Environmental Transportation Acceptability Process (CETAP) corridors included in the 2009 Measure A Transportation Improvement Plan. Under the Memorandum of Understanding (MOU), the majority of net revenues are allocated in equal amounts to the Commission for regional arterial projects and to Western Riverside Council of Governments (WRCOG) for local arterial projects; a small percentage is allocated for public transit. In September 2008, the Commission approved an amendment to the MOU whereby the $400 million cap was lifted and the Commission will continue to receive its share of TUMF revenues indefinitely. In August 2008, the State amended the Commission's authority under the PUC to include authorization to set, levy and collect tolls, user fees, or other similar charges, payable for use of the toll lanes and other facilities on the portion of State Highway Route 91 (SR -91) between the Orange County and Riverside County line to the west and Interstate 15 (1-15) to the east and to issue bonds or other obligations payable from the proceeds of such tolls and other revenues that are pledged. In March 2017, the Commission achieved substantial completion of the SR -91 corridor improvement project (91 Project) and opened the RCTC 91 Express Lanes. In September 2008, the State amended the Commission's authority under the State's Streets and Highways Code (Sections 149.7 through 149.8) to include authorization to set, levy and collect tolls, user fees, or other similar charges, payable for use of high - occupancy toll lanes and other facilities in the 1-15 corridor in Riverside County and to issue bonds or other obligations payable from the proceeds of such tolls and other revenues that are pledged. The Commission commenced the design -build phase of the 1-15 Express Lanes project in 2017; in April 2021, the Commission achieved substantial completion of the 1-15 Express Lanes project and opened the 15 Express Lanes. 31 84 Note 1. Summary of Significant Accounting Policies, Continued Accounting principles generally accepted in the United States require that the reporting entity include the primary government, organizations for which the primary government is financially accountable, and other organizations for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. The basic financial statements include all funds of the Commission including those of the Service Authority for Freeway Emergencies (SAFE), a component unit, for which the Commission is considered financially accountable. SAFE was created under Chapter 14 (commencing with Section 2550) of Division 3 of the California Streets and Highways Code and Sections 2421.5 and 9250.1 of the Vehicle Code. SAFE receives monies from fees levied on registered vehicles to be used to implement and maintain an emergency motorist aid system, as specified, on portions of the California Freeway and Expressway System in the County. The governing body of SAFE is substantially identical to that of the Commission, and management of the Commission has operational responsibility for SAFE. SAFE is presented as a special revenue fund. Separate financial statements are not issued for SAFE. During the year ended June 30, 2021, the Commission adopted Governmental Accounting Standards Board (GASB) Statement No. 84, Fiduciary Activities, and certain provisions of GASB Statement No. 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans — an amendment of GASB Statements No. 14 and No. 84, and a supersession of GASB Statement No. 32. There are many other governmental agencies, including the County of Riverside, providing services within the area served by the Commission. These other governmental agencies have independently elected governing boards and consequently are not under the direction of the Commission. Financial information for these agencies is not included in the accompanying financial statements. Basis of presentation: The Commission's basic financial statements consist of government -wide financial statements, including a statement of net position and a statement of activities, and fund financial statements which provide a more detailed level of financial information. Government -wide statements: The statement of net position and the statement of activities report information on all of the activities of the Commission. The effect of interfund activity has been removed from these statements; however, interfund services provided and used are not eliminated in consolidation. These statements report governmental activities, which normally are supported by taxes and intergovernmental revenues, and are reported separately from business -type activities, which rely to a significant extent on charges and fees for services. The statement of activities demonstrates the degree to which the program expenses of a given function are offset by program revenues. Program expenses include direct expenses, which are clearly identifiable with a specific function, and allocated indirect expenses. Program revenues include 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function. Taxes and other internally dedicated resources, which are properly not included among program revenues, are reported instead as general revenues. Fund financial statements: The fund financial statements provide information about the Commission's governmental and proprietary funds; the Commission has no fiduciary funds. The emphasis of fund financial statements is on major governmental and proprietary funds, each displayed in a separate column. The Commission has categorized the Commercial Paper Capital Projects fund and Debt Service fund as major funds for public interest reasons. The Commission believes that these judgmentally determined major funds are particularly important to the financial statement users. All remaining governmental funds not reported as major funds are aggregated and reported as nonmajor funds. 32 85 Note 1. Summary of Significant Accounting Policies, Continued The Commission reports the following major governmental funds: General Fund: The General Fund is the general operating fund of the Commission and accounts for financial resources not required to be accounted for in another fund. Measure A Western County Special Revenue Fund: This fund accounts for the revenues from sales taxes which are restricted to expenditures for 1989 Measure A and 2009 Measure A Western County programs. Measure A Coachella Valley Special Revenue Fund: This fund accounts for the revenues from sales taxes which are restricted to expenditures for 2009 Measure A Coachella Valley programs. Transportation Uniform Mitigation Fee Special Revenue Fund: This fund accounts for TUMF revenues, which are restricted to expenditures for Western County regional arterial and CETAP projects. Local Transportation Fund: This special revenue fund accounts for the one -quarter percent of the state sales tax collected within the County under TDA for planning and programming, bicycle and pedestrian facilities, and transit operations including the Commission's commuter rail operations. State Transit Assistance Special Revenue Fund: This fund is used to account for revenues from sales taxes on diesel fuel restricted for transit projects. SB 132 Special Revenue Fund: This fund is used to account for program revenues allocated by the State for the Riverside County Transportation Efficiency Corridor. The program comprises five projects in northwest Riverside County. Commercial Paper Capital Projects Fund: This fund records proceeds from the issuance of commercial paper notes and the use of these proceeds for capital projects included in the 2009 Measure A. Bonds Capital Projects Fund: This fund records proceeds from the issuance of sales tax and toll revenue bonds and the use of these proceeds for capital projects included in the 2009 Measure A. Debt Service Fund: This fund accounts for the resources accumulated and payments made for principal and interest on the sales tax and toll revenue bonds. The Commission reports the following major proprietary fund: RCTC 91 Express Lanes Enterprise fund: This fund accounts for toll and non -toll revenues earned on the RCTC 91 Express lanes that extend on SR -91 from the Riverside/Orange County line to 1-15. These revenues are restricted to pay operations and maintenance costs, repair and rehabilitation costs, debt service, and other in accordance with the toll bond indenture. 15 Express Lanes Enterprise fund: This fund accounts for toll and non -toll revenues earned on the 15 Express Lanes. The 15 -mile stretch includes two lanes in each direction of the center median along 1-15 corridor between Cajalco Road in Corona and SR -60 in Jurupa Valley. These revenues are restricted to pay operations and maintenance costs, repair and rehabilitation costs, debt service, and other in accordance with the toll bond indenture. Measurement focus and basis of accounting: The government -wide financial statements and proprietary fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned, and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Toll revenues are recognized when customers utilize the toll road facility and payment is collected. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. 33 86 Note 1. Summary of Significant Accounting Policies, Continued Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred; however, principal and interest expenditures on long-term debt as well as compensated absences and claims and judgments are recorded only when payment is due. Issuance of long-term debt and acquisitions under capital leases are reported as other financing sources. Those revenues susceptible to accrual include sales taxes collected and held by the State at year-end on behalf of the Commission, TUMF, intergovernmental revenues when all applicable eligibility requirements have been met, interest revenue, and vehicle registration user fees, and charges for services. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services in connection with a proprietary funds principal and ongoing operations. The principal operating revenues of the Commission's proprietary fund are charges for services. Operating expenses for the proprietary fund include the cost of services, administrative expenses, and depreciation and amortization on capital and intangible assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Violations: Violations that the Commission anticipates to collect consist of uncollected violation tolls and penalties. Unpaid violations of the RCTC 91 Express Lanes and 15 Express Lanes in the amounts of $95,201,255 and $2,996,419, respectively, as of June 30, 2021 are not recognized as revenue until payment is received. Unpaid violations will remain recorded for a period of four years in accordance with the statute of limitations, at which time, they will be deemed uncollectible. Cash and investments: The Commission maintains cash and investments in accordance with an investment policy adopted initially by the Board in September 1995, and most recently amended in August 2020. The investment policy complies with, or is more restrictive than, applicable state statutes. This investment policy requires the Commission's investment program to meet three criteria in the order of their importance: safety, liquidity, and return on investments. Investments of bond and commercial paper proceeds as permitted by the applicable debt documents are maintained by U.S. Bank, as trustee or custodial bank, and the earnings for each bond and commercial paper issue are accounted for separately. Cash from other Commission revenue sources is commingled for investment purposes, with investment earnings allocated to the different funds based on average monthly dollar balances in the funds. The Commission's investment policy is summarized in the table below; investments held by bond trustees are governed by the provisions of the Commission's bond indentures. Other investments permitted by the California Government Code (Code) are permitted but only with prior Board authorization; securities that could result in zero interest accrual if held to maturity are ineligible. 34 87 Note 1. Summary of Significant Accounting Policies, Continued Authorized Investment T • e Maximum Maximum Maximum Effective Percentage Investment in One Minimum Maturi of Portfolio Issuer Ratin • s United States (U.S.) Treasury obligations Federal agency securities State/Municipal obligations Mortgage and asset -backed securities Repurchase agreements U.S. corporate debt Commercial paper notes Banker's acceptances Money market mutual funds Riverside County Pooled Investment Fund (RCPIF) Local Agency Investment Fund (LAIF) Negotiable certificates of deposit Federally insured certificates of deposit Collateralized certificates of deposit Time deposits 5 years 5 years 5 years 5 years 30 days 5 years 270 days 180 days Not applicable Not applicable Not applicable 1 year 1 year 1 year 5 years None None Not applicable None None Not applicable 25% 10% A1/A+ 10% 10% A3/A-/A- None 10% A 25% 10% A1/A+ 25% 10% A 40% 30% Not applicable 20% 10% Not applicable None Set by RCPIF Not applicable N/A Set by LAIF Not applicable 30% 10% P -1/A -1/F-1 20% 10% Not applicable 15% 10% Not applicable None 10% Not applicable LAIF is regulated by Code Section 16429 and is under the management of the State Treasurer with oversight provided by the Local Agency Investment Advisory Board. There is a $65 million deposit limit on regular LAIF accounts. Oversight of the RCPIF is conducted by the County Treasury Oversight Committee. All investments, except for those related to bond reserve funds, are subject to a maximum maturity of five years unless specific direction to exceed the limit is given by the Board. LTF moneys are legally required to be deposited in the RCPIF. The RCPIF and the LAIF are carried at fair value, or the value of each participating dollar as provided by the RCPIF and LAIF, respectively. The fair value of the Commission's position in the RCPIF and LAIF is the same as the value of the pool shares. The pooled funds are not subject to Level 1, 2, or 3 of the fair value hierarchy prescribed by GASB Statement No. 72, Fair Value Measurement and Application. Investments in U.S.Treasury, federal agency, mortgage and asset -backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. Bank balances are secured by the pledging of a pool of eligible securities to collateralize the Commission's deposits with the bank in accordance with the Code. Cash and cash equivalents: For the purposes of the statement of cash flows, the Commission considers all short-term investments with an initial maturity of three months or less to be cash equivalents. All deposits, commercial paper, money market funds, certificates of deposit, and the share of RCIPF represent cash and cash equivalents for cash flow purposes. Accounts receivable: Accounts receivable consist primarily of Measure A and LTF sales tax revenues from the California Department of Tax and Fee Administration on all taxable sales within the County of Riverside, California through June 30, 2021. Interfund transactions: During the course of operations, numerous transactions occur between individual funds involving goods provided or services rendered. There are also transfers of revenues from funds authorized to receive the revenue to funds authorized to expend it. Outstanding interfund balances are reported as due from/to other funds; internal financing balances are reported as advances to/from other funds. Any residual balances outstanding between the governmental activities and business - type activities are reported in the government wide financial statements as "internal balances". Prepaid expenditureslexpenses and other assets: Certain payments to vendors and condemnation payments with the State, which are related primarily to the 91 Project, reflect costs applicable to future accounting periods and are recorded as prepaid expenditures/expenses using the consumption method in both the government -wide and fund financial statements. 35 88 Note 1. Summary of Significant Accounting Policies, Continued Restricted investments held by trustee: Restricted investments held by trustee represent unexpended bond proceeds, interest earnings thereon, and capitalized interest and reserve amounts for bonds. Under the related bond resolutions and indentures, any remaining bond proceeds are restricted for the use of future construction improvements to the respective projects, for debt service, or for reserve requirements in accordance with applicable debt covenants. Capital assets: Capital assets consisting of land and land improvements; construction in progress; construction and rail easements; buildings; rail stations; rail tracks; office improvements; office furniture, equipment, and vehicles; development in progress; toll infrastructure; intangible assets, including a toll facility franchise; and transponders are reported in applicable governmental or business -type activities in the government -wide financial statements. Capital assets are defined by the Commission as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of three years and are primarily included within the function of current expenditures in the governmental fund financial statements. Such assets are recorded at historical costs or estimated historical costs if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation. Highway construction and certain purchases of right of way property, for which title vests with the California Department of Transportation (Caltrans), are included in highway program expenditures. Infrastructure consisting primarily of highway construction and right of way acquisition is generally not recorded as a capital asset, because the Commission does not have title to such assets or rights of way. However, costs related to the development of tolled express lanes are recorded as land and land improvements and construction in progress. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend the life of the asset are not capitalized. Rail stations, rail tracks, temporary construction easements, buildings, office improvements, furniture and equipment, vehicles, toll infrastructure, intangible assets, and transponders are depreciated and amortized using the straight-line method over the following estimated useful lives: Asset Type Useful Life Rail stations Rail tracks Temporary construction easements Buildings Office improvements Furniture and equipment Vehicles Toll facility franchise Toll infrastructure Transponders 10 to 30 years 30 years 1 to 3 years 10 to 20 years 7 to 10 years 3 to 5 years 5 years 50 years 5 to 10 years 5 years Project costs that have been incurred for the tolled express lanes projects, consisting of the 91 Project and the 1-15 Express Lanes project, and are expected to remain the Commission's assets, are capitalized upon completion as intangible assets that will be amortized over the life of the toll facility franchise with Caltrans. These capitalizable costs have been accumulated in the capital assets as land and land improvements and construction in progress. The costs of the tolled express lanes projects that are not capitalized are expensed as incurred based on management's estimation which is generally based upon the allocation of Measure A and other funding sources, including toll -supported debt. As of June 30, 2021, the estimated project costs incurred but not capitalized related to the 91 Project is primarily right of way, or approximately $113.5 million. All costs related to the 1-15 Express Lanes project are considered capitalizable. In May 2012 the Commission entered into a toll facility agreement with Caltrans and obtained authority to toll the SR -91 from the Orange/Riverside County line to 1-15. The Commission's 91 Project included the RCTC 91 Express Lanes, which opened on March 20, 2017. The toll facility is amortized over the remaining life of the toll facility agreement through March 2067. 36 89 Note 1. Summary of Significant Accounting Policies, Continued In September 2016 the Commission entered into a toll facility agreement with Caltrans and obtained authority to toll the 1-15 from Cajalco Road in Corona to SR -60 in Jurupa Valley. The Commission's 1-15 Express Lanes Project included the 15 Express Lanes, which opened to motorists on April 10, 2021 and commenced tolling on April 14, 2021. The toll facility is amortized over the remaining life of the toll facility agreement through April 2071. Compensated absences: Vacation hours accumulated and not taken at year-end is reported as a long-term liability in the government -wide and proprietary fund financial statements. Sick leave is recorded as an expenditure or expense when taken by the employee. Employees with continuous five years of service have the option of being paid for sick leave accumulated in excess of 240 hours at a rate of 50% (i.e., one hour's pay for every two hours in excess of 240). Any sick leave in excess of 240 hours is accrued at fiscal year-end, and a liability is reported in the government -wide and proprietary fund financial statements. Sick leave that is due and payable at year-end is reported as an expenditure and a fund liability of the General fund. Pensions: For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions and pension expense, information about the fiduciary net position of the Commission's California Public Employees' Retirement System (CaIPERS) plans (Plans) and additions to/deduction from Plans' fiduciary net position have been determined on the same basis as they are reported by CaIPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value. Post -employment Benefits Other Than Pensions: For purposes of measuring the net other post -employment benefits (OPEB) asset, deferred outflows/inflows of resources related to the OPEB asset and OPEB expense, information about the fiduciary net position of the Commission's OPEB plan, and additions to/deductions from the OPEB fiduciary net position have been determined on the same basis as they are reported by California Employers' Retiree Benefit Trust (CERBT) administered by CaIPERS. For this purpose, benefit payments are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value, except for money markets and participating interest -earning investment contracts that have a maturity at the time of purchase of one year or less, which is reported at cost. Risk management: The Commission is exposed to various risks of loss related to workers' compensation; torts; theft of, damage to, or destruction of assets; and errors or omissions. The Commission protects itself against such losses by a balanced program of risk retention, risk transfers, and the purchase of commercial insurance. Loss exposures retained by the Commission are treated as normal expenditures and include any loss contingency not covered by the Commission's purchased insurance policies. Construction projects and rail properties are protected through a combination of commercial insurance, insurance required of Commission consultants, and a self-insurance fund established by the Southern California Regional Rail Authority (SCRRA). Settled claims have not exceeded insurance coverage in any of the past three fiscal years. The RCTC 91 Express Lanes and 15 Express Lanes Enterprise funds have purchased commercial property insurance, including business interruption, earthquake and flood coverage related to the RCTC 91 Express Lanes and 15 Express Lanes. Deferred outflows of resources: In addition to assets, the statement of net position reports a separate section for deferred outflows of resources. This separate financial statement element represents a consumption of net position that applies to a future period and will not be recognized as an outflow of resources, or expenditure, until then. The Commission has eight items — loss on refunding of bonds, net differences between projected and actual pension earnings, pension contributions subsequent to measurement date, differences between expected and actual pension experiences, differences between Commission's pension contributions and the proportionate share of pension contributions, pension changes in Commission's proportion, changes in OPEB assumptions, and OPEB contributions subsequent to measurement date — which qualify for reporting in this category in the applicable column for governmental and business -type activities on the statement of net position. 37 90 Note 1. Summary of Significant Accounting Policies, Continued Deferred inflows of resources: In addition to liabilities, the statement of net position reports a separate section for deferred inflows of resources. This separate financial statement element represents an acquisition of net position that applies to a future period and will not be recognized as an inflow of resources, or revenue, until then. The Commission has five items — changes in pension assumptions, pension changes in Commission's proportion, changes in OPEB assumptions, differences between expected and actual OPEB experiences, and net differences between projected and actual earnings on OPEB plan investments — which qualify for reporting in this category in the applicable governmental and business -type activities on the statement of net position. At the fund level, the Commission has deferred inflows of resources related to interest earned but not available. Fund equity: In the fund financial statements, the governmental funds report fund balances in various categories based on the nature of any limitations requiring the use of the resources for specific purposes: Nonspendable fund balances cannot be spent, because they are in nonspendable form such as prepaid expenditures or are required to be maintained intact. Restricted fund balances are restricted for specific purposes by third parties or enabling legislation. Committed fund balances include amounts that can be used only for specific purposes determined by adoption of a resolution of the Board. These committed amounts cannot be used for any other purpose unless the Commission removes or changes the specified use through the same type of formal action taken to establish the commitment. Assigned fund balances comprise amounts intended to be used by the Commission for specific purposes but are not restricted or committed. The Board delegates the authority to assign amounts to be used for specific purposes to the Chief Financial Officer. Assignments generally only exist temporarily; an additional action does not have to be taken for the removal of an assignment. Unassigned fund balance is residual positive net resources of the General Fund in excess of what can properly be classified in one of the other four categories. In all other governmental funds, it is the negative residual fund balance of any other governmental fund that cannot be eliminated by offsetting assigned fund balance amounts. When both restricted and unrestricted resources are available for an incurred expenditure, it is the Commission's policy to spend restricted resources first and then unrestricted resources, as necessary. When unrestricted resources are available for an incurred expenditure, it is the Commission's policy to use committed amounts first, followed by assigned amounts, and then unassigned amounts. In June 2012, the Commission adopted a resolution to establish a policy on reporting and classifying fund balance in the General fund. Net position (deficit): In the government -wide and proprietary fund financial statements, net position (deficit) represents the difference between assets and deferred outflows of resources and liabilities and deferred inflows and is classified into three categories: Net investment (deficit) in capital assets consists of capital assets, net of accumulated depreciation and amortization, reduced by the outstanding balances of any borrowings used for the acquisition, construction, or improvement of those assets and excludes unspent debt proceeds. Restricted —net position represents restricted assets less liabilities and deferred inflows of resources related to those assets. Restricted assets are recorded when there are limitations imposed by creditors (such as through debt covenants), contributions, or laws and regulations of other governments or constraints imposed by law through constitutional provisions or through enabling legislation. 38 91 Note 1. Summary of Significant Accounting Policies, Continued Unrestricted —(deficit) represents the amount of unrestricted resources that will need to be provided for in future periods. When both restricted and unrestricted resources are available for use, it is the Commission's policy to use restricted —net position resources first and then unrestricted —net position resources, as they are needed. Administration expenditures: The Commission's staff and resources are used in the performance of its responsibilities relating to the activities of the Commission and its component unit. Accordingly, the Commission allocates salaries and benefits to each applicable fund on the basis of actual hours spent by activity, and other indirect overhead is allocated based on a systematic basis. Administrative salaries and benefits, net of administrative cost allocations of $1,830,801 allocated to Measure A in 2021 were less than 1% of revenues and in compliance with the law. Use of estimates: The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures during the reporting period. As such, actual results could differ from those estimates. Note 2. Cash and Investments Cash and investments at June 30, 2021 consist of the following: Unrestricted Investments $ 214,948 $ Cash in bank $ 10,647,120 $ — Petty cash 1,018 — RCPIF — 807,125,002 Operations pooled investments — 55,647,092 LAIF — 3,923,386 Investments with fiscal agents — — Total cash and investments $ 10,648,138 $ 866,695,480 $ 877,343,618 $ 214,948 $ 157,779,747 $ 157,994,695 $ 1,035,338,313 10,647,120 1,018 807,125,002 55,647,092 3,923,386 Restricted Investments Total — 214,948 $ 10,862,068 — 1,018 807,125, 002 — - 55,647,092 — 3,923,386 - 157, 779, 747 157, 779, 747 157, 779, 747 Total cash and investments are reported in the following funds: Unrestricted cash and investments Governmental funds Enterprise fund Subtotal Restricted cash and investments Governmental funds Enterprise fund Subtotal Total cash and investments $ 795,711,827 81,631,791 877,343,618 41,745,586 116,249,109 157,994,695 $ 1,035,338,313 Restricted cash and investments at June 30, 2021 represent investments held by bond trustees for project costs and debt service and for cash held by a bank for the 15 Express Lanes toll customer deposits. 39 92 Note 2. Cash and Investments, Continued Fair Value Hierarchy: The Commission categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure fair value of the assets. Level 1 inputs are quoted prices in an active market for identical assets; Level 2 inputs are based on similar observable assets either directly or indirectly, which may include inputs in markets that are not considered to be active; and Level 3 inputs are significant unobservable inputs (the Commission does not value any of its investments using Level 3 inputs). The following is a summary of the fair value hierarchy of the fair value of investments of the Commission as of June 30, 2021: Investments b June 30, 2021 Fair Value Measurements Using Quoted Prices in Active Markets Significant Other for Identical Observable Assets (Level 1) Inputs (Level 2) Investments subject to fair value hierarchy: U.S. Treasury obligations Mortgage and asset -backed securities Corporate notes Money market mutual funds U.S. agency securities Municipal bonds Commercial paper notes Negotiable certificates of deposit Total investments measured at fair value Investments not subject to fair value hierarchy: LAIF RCPIF Total investments 64,985,948 48,505,955 24,665,888 42,318,271 7,338,883 16,486,408 4,924,730 4,200,756 $ 64,985,948 $ 48,505,955 24,665,888 42,318,271 7,338,883 16,486,408 — 4,924,730 4,200,756 213,426,839 3,923,386 807,125,002 $ 1,024,475,227 107,304,219 $ 106,122,620 Investments classified in Level 1 of the value hierarchy, valued at $107,304,219 are valued using quoted prices in active markets. Mortgage and asset -backed securities totaling $48,505,955, corporate notes totaling $24,665,888, U.S. agency securities totaling $7,338,883, municipal bonds totaling $16,486,408, commercial paper totaling $4,924,730, and negotiable certificates of deposit totaling $4,200,756 in 2021, classified in Level 2 of the fair value hierarchy, are valued using matrix pricing techniques maintained by various pricing vendors. Matrix pricing is used to value securities based on the securities' relationship to benchmark quoted prices. Fair value is defined as the quoted market value on the last trading day of the period. These prices are obtained from various pricing sources by the custodian bank. 40 93 Note 2. Cash and Investments, Continued As of June 30, 2021, the Commission had the following investments: Investments Fair Value Principal Interest Rate Range. Maturity Range Weighted Average Maturity (Year) Unrestricted: RCPIF LAIF Operations pooled investments: Corporate notes Money market mutual funds Mortgage and asset -backed securities Municipal bonds U.S. agency securities U.S. Treasury obligations Total unrestricted investments Restricted: Negotiable certificates of deposit Commercial paper notes Corporate notes Money market mutual funds Mortgage and asset -backed securities Municipal bonds U.S. agency securities U.S. Treasury obligations Total restricted investments $ 807,125,002 3,923,386 9,141,683 599,467 4,976,738 9,666,988 951,664 30,310,552 $ 806,964,148 3,923,061 9,068,711 599,467 4,937,080 9,546,994 959,608 30,373,514 $ 866,695,480 $ 866,372,583 0.010% — 3.29% 0.840% — 0.330% 0.000% — 3.614% 0.010% 0.000% — 3.559% 0.373% — 6.429% 0.450% — 2.570% 0.125%-0.251% 7/1/21 — 6/30/26 291 days 9/15/21 — 5/30/25 N/A 9/25/21 — 7/15/25 8/1/21 — 3/15/25 8/1/21 — 2/12/26 12/31/22 — 5/15/24 Unrestricted investment portfolio weighted average $ 4,200,756 $ 4,200,087 0.072% — 0.097% 4,924,730 4,924,582 0.000% — 0.103% 15,524,205 15,516,811 0.151% — 0.891 % 41,718,804 41,718,804 0.010% 43,529,217 43,158,196 (1.053%) —1.979% 6,819,420 6,812,160 0.050% — 0.910% 6,387,219 6,366,689 0.091% —1.313% 34,675,396 34,466,682 (1.114%) —1.426% 8/6/21 —10/25/21 7/1/21 — 8/10/21 7/1/21 —6/9/25 N/A 7/25/21 — 9/16/55 8/18/21 —10/1/51 1/13/22 —11/16/28 7/31/21 — 8/15/30 1.148 291 days or 0.797 1.420 27 days or 0.74 2.459 1.404 3.766 2.036 1.721 0.165 0.055 1.875 27 days or 0.74 4.006 13.451 1.398 0.979 $ 157,779,747 $ 157,164,011 Restricted investment portfolio weighted average 2.834 The weighted average maturity is calculated using the investment's effective duration weighted by the investment's fair value. As of June 30, 2021, mortgage and asset -backed securities totaled $48,505,955. The underlying assets are consumer receivables that include credit cards, auto/equipment, and home loans. The securities have a fixed interest rate and are rated AAA/Aaa by at least two of the three nationally recognized statistical rating organizations, except $600,000 which is rated P-1 by Moody's. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. In accordance with the Commission's investment policy, restricted investments are invested in accordance with the maturity provisions of the specific bond indenture, which may extend beyond five years. 41 94 Note 2. Cash and Investments, Continued Custodial credit risk: Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker -dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The Commission's investment policy requires that a third party bank trust department hold all securities owned by the Commission. All trades are settled on a delivery versus payment basis through the Commission's safekeeping agent. The Commission has deposits with a bank balance of $10,862,068 with a financial institution; bank balances over $5,000,000 are swept daily into a money market account. Of the bank balance, up to $250,000 is federally insured under the Federal Depository Insurance Corporation with balances in excess of $250,000 collateralized in accordance with the Code; however, the collateralized securities are not held in the name of the Commission. Credit risk: The Commission's investment policy as well as the specific bond indentures set minimum acceptable credit ratings for investments from any of the three nationally recognized statistical rating organizations. The following is a summary of the credit quality distribution and concentration of credit risk by investment type as a percentage of each category's fair value at June 30, 2021; securities denoted as NR are not rated by one of the nationally recognized statistical rating organizations. Investments Moody's S&P % of Portfolio RCPIF LAIF Negotiable certificates of deposit Deposit Deposit Commercial paper notes Various Various Various Various Corporate Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Aaa-bf NR P-1 P-1 AAAf/S 1 NR A-1 NR 78.78% 0.38% 0.31% 0.10% P-1 A-1 0.18% P-1 A-2 0.16% P-1 NR 0.09% NR A-2 0.05% A Al 0.06% A A2 0.06% A AA3 0.05% A- A2 0.13% A+ A2 0.02% A+ A3 0.06% A+ AA2 0.16% Al A 0.02% Al A- 0.02% Al A+ 0.07% Al BBB+ 0.04% A2 A 0.21% A2 A- 0.31% A2 BBB+ 0.25% A3 A- 0.11% A3 BBB+ 0.27% AA- Al 0.14% AA- AA2 0.09% AA+ AA1 0.07% Aa2 NA 0.01 Aa3 A+ 0.09% Baal A- 0.02% Baal BBB+ 0.10% BBB+ Al 0.05% 42 95 Note 2. Cash and Investments, Continued Investments Moody's S&P % of Portfolio Money market mutual funds Funds Mortgage and asset -backed securities Securities Securities Securities Securities Securities Securities Securities Municipal bonds Alameda County Joint Powers Authority Lease Bay Area Toll Authority Bay Area Toll Authority Beverly Hills Financing Authority California State University California Community College District Collin County, Texas Colorado Housing and Finance Authority, Inc. Contra Costa Community College District Dallas Fort Worth Finance Authority El Dorado Irrigation District Garden Grove Unified School District Glendale Unified School District Los Altos School District Los Angeles Municipal Impact Corporation Lease Mountain View Whisman School District Monmouth County Improvement Authority New York City Transitional Finance Authority Riverside County Pension San Bernardino Community College District Sacramento County Sanitation District San Diego Public Facilities Financing Authority San Diego Redevelopment Agency San Francisco Redevelopment Agency Santa Ana Redevelopment Agency Santa Ana Redevelopment Agency Santa Clara Valley Joint Powers Santa Clara Valley Joint Powers Sonoma County Junior College District Southern California Public Power Authority State of California Build America Bonds State of California Department of Water Resources State of California Health Facilities Financing Authority State of Connecticut State of Hawaii State of Maine Housing Authority State of Maryland Housing and Community Development State of Massachusetts State of New York Dormitory Authority State of New York Urban Development State of North Dakota Housing Finance Agency State of Texas Finance Authority State of Wisconsin Housing and Economic Development Authority University of California University of New Jersey, Rutgers Aaa AA Aa1 Aaa AAA Aaa NA NR AAA AAA NR AA+ AAA NA AAA NR 4.14% 0.02% 0.01 3.81% 0.23% 0.21% 0.25% 0.20% AA+ AA1 0.01% AA AA3 0.07% Al AA- 0.01% AA+ NR 0.03% AA- AA2 0.01% NR SP -1+ 0.01 Aaa AAA 0.02% Aaa AAA 0.16% AA1 AA+ 0.03% P-1 A-1 0.04% Aa3 AA- 0.02% Aa2 AA- 0.03% NR AA1 0.03% AA+ NR 0.05% AA- NR 0.05% AA+ AAA 0.02% NR SP -1+ 0.01% Aa1 AAA 0.02% AA A2 0.02% AA AA1 0.06% M M2 0.03% AA- NR 0.02% AA NR 0.03% AA- NR 0.04% AA Al 0.01 AA NR 0.02% AA NR 0.03% NR AA 0.02% AA AA2 0.04% AA- NR 0.04% AA- M2 0.02% AA+ NR 0.03% AA- AA3 0.05% A+ AA3 0.05% AA+ AA2 0.02% Aa 1 AA+ 0.04% Aa1 NR 0.10% AA AA1 0.02% AA+ AA+ 0.06% Aa2 NR 0.02% Aa1 NR 0.04% P-1 A-1+ 0.02% Aa2 AA+ 0.12% AA- AA3 0.03% Aa3 A+ 0.01% 43 96 Note 2. Cash and Investments, Continued Investments Moody's S&P % of Portfolio U.S. agency notes Notes Notes Notes U.S. Treasuries Treasury Total AA+ Aaa NR NR NR AA+ NR 0.06% 0.62% 0.04% NR 6.34% 100.00% Concentration of credit risk: The Commission's investment policy places a limit of 10% on the amount of investment holdings with any one non-U.S. Government or non-federal agency issuer. As of June 30, 2020, the Commission did not have investments in any one issuer that represent more than 5% of the Commission's total investments. Note 3. Advances The Commission approved interest -bearing advances, which may be funded by debt proceeds, to the Coachella Valley Association of Governments (CVAG) in the amount of $43,300,000. CVAG pledged its share of 2009 Measure A highway and regional road revenue allocations in accordance with repayment terms specified in each agreement for actual advances. Repayment amounts are withheld from revenue allocations on a monthly basis. The final maturities of the CVAG advances are due on or before September 1, 2029. Interest rates range from .910% to 7.307%, excluding the portion of cash subsidy payments (as discussed in Note 6) that may be received by CVAG to reduce its repayment obligations. The outstanding interest -bearing advances, including capitalized interest of $604,135, as of June 30, 2021 were $19,373,425. Note 4. Capital Assets Capital assets activity for the year ended June 30, 2021 was as follows: Governmental activities. Balance June 30 2020 Additions Deletions Balance Transfers June 30, 2021 Capital assets not being depreciated: Land and land improvements Construction in progress Rail operating easements Construction easements Development in progress Total capital assets not being depreciated Capital assets being depreciated: Rail stations Rail tracks Construction easements Buildings Building improvements Office improvements Office furniture, equipment and vehicles Total capital assets being depreciated Less accumulated depreciation for: Rail stations Rail tracks Construction easements Buildings Building improvements Office improvements Office furniture, equipment and vehicles Total accumulated depreciation Total capital assets being depreciated, net Governmental activities capital assets, net $ 179,433,422 $ 397,206,440 63,846,199 4,221,021 227,266 80,136,440 21,918 80,158,358 (10,485,121) (364,539,807) 350,067,778 $ (9,117,909) $ — (1,367,212) (364,486,457) — (53,350) $ 170,315,513 111,489,211 63,846,199 4,167,671 249,184 644,934,348 203,062,916 154,791,511 1,385,377 3,315,135 423,303 434,187 2,016,850 365,429,279 6,815,407 6,673,225 46,993 95,189 (73,354,336) (20,550,853) (1,327,562) (544,095) (45,354) (183,673) (1,707,173) (97,713,046) 267,716,233 (7,012,066) (5,179,704) (65,235) (137,180) (50,393) (48,385) (178,708) (12,671,671) (5,856,264) $ 912,650,581 $ 74,302,094 44 97 (8,269) (8,269) (8,269) $ (10,493,390) (404,707) (3,315,135) (423,303) (95,189) (4,238,334) 367,998,083 209,736,141 154,791,511 1,027,663 434,187 2,008,581 404,707 681,275 95,747 14,916 1,196,645 (3,041,689) (80,366,402) (25,730,557) (988,090) (232,058) (1,870,965) (109,188,072) 258,810,011 (367,581,496) $ 608,877,789 Note 4. Capital Assets, Continued Business -type activities Capital assets not being depreciated: Land and land improvements Construction easements Development in progress Total capital assets not being depreciated Capital assets being depreciated and amortized: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total capital assets being depreciated and amortized Less accumulated depreciation and amortization for: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total accumulated depreciation and amortization Total capital assets being depreciated and amortized, net Business -type activities capital assets, net Balance June 30, 2020 Additions Balance Deletions Transfers June 30, 2021 $ 29,215,720 $ — $ (3,607,709) 53,350 - 2,417,207 $ 25,608,011 53,350 2,417,207 29,215,720 27,899,996 453,818 1,623,658 60,695 250,692,492 280,730,659 2,417,207 (3,607,709) 53,350 28,078,568 — 12,886,278 5,758,549 101,996 - 348,427,816 — 367,174,639 40,786,274 453,818 7,382,207 162,691 599,120, 308 647,905,298 (17,652,166) (275,166) (499,277) (39,685) (15,913,361) (34,379,655) 246,351,004 $ 275,566,724 (6,126,132) (90,764) (382,217) (16,275) (6,764,153) (13,379,541) (13,379,541) $ (10,962,334) $ (3,607,709) 353,507 353,507 (23,778,298) (365,930) (527,987) (55,960) (22,677,514) (47,405,689) 367,528,146 600,499,609 $ 367,581,496 $ 628,578,177 On May 14, 2012, the Commission entered into a toll facilities agreement with Caltrans providing the Commission with authorization to toll the SR -91 from Orange/Riverside County line to 1-15 for 50 years commencing as of the first day on which the RCTC 91 Express Lanes open for public use and toll operations. On September 29, 2016, the Commission entered into a toll facilities agreement with Caltrans providing the Commission with authorization to toll the 1-15 from Cajalco Road to SR -60 for 50 years commencing as of the first day on which the 15 Express Lanes open for public use and toll operations. The agreements also set forth the Commission's leasehold rights to Caltrans' right of way and Caltrans' oversight role in the operations and maintenance of the RCTC 91 Express Lanes and 15 Express Lanes. Depreciation and amortization expense was charged to functions/programs of the Commission's governmental and business -type activities during the year ended June 30, 2021 as follows: Governmental activities: General government Commuter rail Highway Total depreciation expense — governmental activities $ 212,176 12,191,770 267,725 $ 12,671,671 Business -type activities: RCTC 91 Express Lanes Toll facility franchise 15 Express Lanes Toll facility franchise Total depreciation and amortization expense — business -type activities $ 5,746,053 5,022,014 869,335 1,742,139 $ 13,379,541 45 98 Note 5. Interfund Transactions Due from/to other funds: The composition of balances related to due from other funds and due to other funds at June 30, 2021 is as follows: Receivable Fund Payable Fund Amount Explanation General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund General fund Measure A Western County Special Revenue fund Measure A Western County Special Revenue fund Measure A Western County Special Revenue fund Measure A Coachella Valley Special Revenue fund Transportation Uniform Mitigation Fee Special Revenue fund Commercial Paper Capital Projects fund Bonds Capital Projects fund RCTC 91 Express Lanes Enterprise fund Total due from/to other funds Nonmajor Governmental funds Nonmajor Governmental funds Transportation Uniform Mitigation Fee Special Revenue fund Measure A Western County Special Revenue fund Measure A Coachella Valley Special Revenue fund RCTC 91 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund Local Transportation Fund Local Transportation Fund State Transit Assistance fund Transportation Uniform Mitigation Fee Special Revenue fund Measure A Western County Special Revenue fund SB 132 fund RCTC 91 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund SB 132 fund Nonmajor Governmental funds RCTC 91 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund Debt Service fund Debt Service fund Measure A Western County Special Revenue fund Measure A Coachella Valley Special Revenue fund Measure A Coachella Valley Special Revenue fund Measure A Western County Special Revenue fund $ 78,352 287,000 204,000 952,100 96,900 231,500 52,200 404,400 1,776,990 32,300 13,879 181,449 5,024 42,345 4,415 8,601,408 478,636 644,763 24,536 1,406,066 131,713 19,891 434,145 67,894 891,711 $ 17,063,617 Fringe benefits allocation Administrative cost allocation Administrative cost allocation Administrative cost allocation Administrative cost allocation Administrative cost allocation Administrative cost allocation Administrative cost allocation Commuter rail costs allocations Administrative cost allocation Fringe benefits allocation Fringe benefits allocation Fringe benefits allocation Fringe benefits allocation Fringe benefits allocation Cash deficit Cash deficit Highway project costs allocations Highway project costs allocations Subsidies available after debt service payment Advance loan payment adjustment Regional arterial project costs allocations Advance loan payment adjustment Advance loan payment adjustment Project cost reimbursement 46 99 Note 5. Interfund Transactions, Continued Advances to/from other funds: The Measure A Western County Special Revenue fund advanced $9,000,000 to the Bonds Capital Projects fund to establish an $18,000,000 Transportation Infrastructure Finance and Innovation Act (TIFIA) debt service reserve for the 1-15 Express Lanes project as required no later than June 30, 2024. Upon opening of the 15 Express Lanes in April 2021, the TIFIA debt service reserve funded to date and the related advance due to the Measure A Western County Special Revenue fund recorded in the Bonds Capital Projects fund were transferred to the 15 Express Lanes Enterprise fund. Capitalized interest on the advance as of June 30, 2021 was $553,161. Repayment of this initial Commission advance is subject to satisfying certain conditions under the related indenture, including the occurrence of the second anniversary of the TIFIA debt service payment commencement date. Interfund transfers: During 2021, interfund transfers were as follows: Transfers Out Transfers In Amount 'Explanation. Measure A Western County Special Revenue fund Measure A Western County Special Revenue fund Transportation Uniform Mitigation Fee Special Revenue fund Local Transportation Fund Local Transportation Fund State Transit Assistance Fund Commercial Paper fund Bonds Capital Projects fund Bonds Capital Projects fund Bonds Capital Projects fund Bonds Capital Projects fund Debt Service fund Debt Service fund Nonmajor Governmental funds Nonmajor Governmental funds RCTC 91 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund Measure A Western County Special Revenue fund Transportation Uniform Mitigation Fee Special Revenue fund Debt Service fund Measure A Western County Special Revenue fund General fund SB 132 Special Revenue fund Nonmajor Governmental funds Debt Service fund Measure A Western County Special Revenue fund Debt Service fund 15 Express Lanes Enterprise fund 15 Express Lanes Enterprise fund Measure A Western County Special Revenue fund Measure A Coachella Valley Special Revenue fund Measure A Western County Special Revenue fund Nonmajor Governmental funds Measure A Western County Special Revenue fund Measure A Western County Special Revenue fund Bonds Capital Projects fund RCTC 91 Express Lanes Enterprise fund 104,776 Highway project costs allocations 66,502,331 Debt service funding related to highway projects for Western County and to advance agreements for Western County jurisdictions 3,523,099 Highway project costs allocations 12,925,156 2,000,000 672,000 2,626,795 14,873,735 Administration, planning and programming, commuter rail operating and station maintenance, and grade separation costs allocations Grade separation costs allocations Coachella Valley commuter rail costs allocations Debt service funding Highway project costs allocations 396,183 Debt service funding 16,500,946 Ramp up reserves for operations 15,988 Accumulated interest earned on TIFIA debt service reserve 2,818,319 Cash subsidies available after debt service payment 131,713 Share of cash subsidy related to CVAG advance agreement 825,203 Commuter rail costs allocations 1,965,900 Call box program augmentation of freeway service patrol operations 644,763 Surplus funds used for the 91 Corridor Operations project 5,979,551 TIFIA loan proceeds for project cost reimbursements 437,750 Accumulated interest payable related to advance to establish TIFIA debt service reserve 891,711 Payment for capital assets transferred to 15 Express Lanes Total transfers $ 133,835,919 In connection with the substantial completion of the 15 Express Lanes project in April 2021 and the commencement of toll operations on the 15 Express Lanes, the Commission transferred $367,581,496 of capital and intangible costs from the governmental activities to the 15 Express Lanes, and the 15 Express Lanes assumed the transfer of $147,379,381 in toll - supported long-term debt related to the 15 Express Lanes project. The RCTC 91 Express Lanes also transferred capital assets of $891,711 to the 15 Express Lanes. 47 100 Note 6. Long-term Obligations The following is a summary of the changes in long-term obligations for the year ended June 30, 2021: Governmental activities Balance Additions / June 30, 2020 Accretion Reductions Balance Due Within Transfers June 30, 2021 One Year Sales tax revenue bonds: 2010 Bonds $ 112,370,000 2013 Bonds 42,015,000 2016 Refunding Bonds 58,410,000 2017 Bonds, series A 145,890,000 2017 Refunding Bonds, 392,730,000 series B 2018 Refunding Bonds 54,395,000 — $ — $ — (13,325,000) — (5,445,000) (4,835,000) (4,890,000) $ 112,370,000 28,690,000 52,965,000 141,055,000 392,730,000 49,505,000 13,995,000 5,720,000 5,075,000 5,205,000 Total bonds payable 805,810,000 Sales tax revenue bonds premium 105,436,727 (28,495,000) (11,190,511) 777,315,000 94,246,216 29,995,000 10,827,477 Total bonds payable, net 911,246,727 TIFIA Loan Capital lease Compensated absences liability Total long-term obligations 128,092,018 41,821 1,171,479 — (39,685,511) 19,287,363 (10,099) 283,129 (85,746) (147,379,381) 871,561,216 40,822,477 31,722 1,368,862 11,743 589,404 $1,040,552,045 $ 19,570,492 $ (39,781,356) $ (147,379,381) $ 872,961,800 $ 41,423,624 Business -type activities Toll revenue bonds: 2013 Bonds Balance June 30, 2020 Additions / Accretion Reductions Balance Due Within Transfers June 30, 2021 One Year Toll revenue bonds discount Total bonds payable, net TIFIA loan Compensated absences liability Total long-term obligations $ 206,576,096 $ 5,495,251 $ (1,928,300) 73,073 204,647,796 5,495,251 73,073 — $ 212,071,347 $ 3,820,000 (1,855,227) 210,216,120 3,820,000 486,339,336 23,224,993 — 147,379,381 656,943,710 53,021 88,671 (26,854) 114,838 49,448 $ 691,040,153 $ 28,808,915 $ 46,219 $ 147,379,381 $ 867,274,668 $ 3,869,448 The Commission has pledged a portion of future sales tax revenues through maturities of the bonds to repay $777,315,000 in outstanding sales tax revenue bonds payable issued in November 2010 (2010 Bonds), July 2013 (2013 Sales Tax Bonds), September 2016 (2016 Refunding Bonds), July 2017 (2017A Sales Tax Bonds), December 2017 (2017B Refunding Bonds), and March 2018 (2018 Refunding Bonds) outstanding at June 30, 2021 plus related interest. The bonds are payable solely from the 2009 Measure A sales tax revenues on a senior and subordinate lien basis, respectively. Annual principal and interest payments on the bonds, are expected to require less than 29% of 2009 Measure A revenues. For the current year, interest paid on the bonds was $41,024,038. Cash subsidies of $2,818,319 related to the bonds were received from the U.S. Treasury during the current year and were recorded as intergovernmental revenues. 48 101 Note 6. Long-term Obligations, Continued The toll revenue bonds issued in July 2013 (2013 Toll Bonds) are secured by a senior lien on the trust estate, which consists primarily of toll revenues and account revenues less operating and maintenance expenses of the RCTC 91 Express Lanes, which opened in March 2017. The Commission also executed a TIFIA loan agreement for up to $421,054,409 in July 2013 secured on a subordinate basis to the 2013 Toll Bonds, except in the case of any bankruptcy related event, as defined in the toll indenture and TIFIA loan agreement, when the TIFIA loan automatically becomes a senior lien obligation. The TIFIA loan is evidenced by a toll revenue bond issued pursuant to the toll bond indentures; the amount outstanding under the TIFIA loan at June 30, 2021 is $503,338,191, including compounded interest of $82,283,782. Additionally, the Commission executed a TIFIA loan agreement for up to $152,214,260 in July 2017 as a senior toll revenue bond on the trust estate, which consists primarily of toll revenues and account revenues less operating and maintenance expenses of the 15 Express Lanes. The 15 Express Lanes opened to motorists on April 10, 2021, and tolling commenced on April 14, 2021. The amount outstanding under the TIFIA loan at June 30, 2021 is $153,605,519, including compounded interest of $5,716,967. Sales tax revenue bonds payable: Under the provisions of the 2009 Measure A, as amended by Measure K approved by the voters in November 2010, the Commission has the authority to issue bonds subject to a bond debt limitation of $975,000,000. The following is a summary of bonds issued and secured by 2009 Measure A revenues that are outstanding at June 30, 2021: 2010 Sales Tax Revenue Bonds;(Limited Tax Bonds), Series B Taxable. Build America Bonds): Outstanding In November 2010, the Commission issued sales tax revenue bonds consisting of the $37,630,000 Series A (2010A Bonds) and $112,370,000 Series B (2010B Bonds), for a total issuance of $150,000,000 (collectively, the 2010 Bonds). For the Series B Build America Bonds (BABs), $44,800,000 was designated as recovery zone economic development bonds (RZEDBs). A portion of the 2010 Bonds was used to retire $103,284,000 of the outstanding commercial paper notes with the remaining proceeds used to fund 2009 Measure A Western County and Coachella Valley capital projects and pay costs of issuance for the 2010 Bonds. In December 2017, the 2010A Bonds were refunded. The remaining 2010B Bonds mature in annual installments ranging from $530,000 to $17,980,000 on various dates from June 1, 2032 to June 1, 2039 at an interest rate of 6.807%. The Commission expects, but is not guaranteed, to receive a cash subsidy from the U.S. Treasury equal to 35% of the interest payable on the BABs or 45% of the interest payable on the 2010B Bonds additionally designated as RZEDBs. $ 112,370,000 During 2020 the cash subsidy related to the 2010 Bonds that was received from the U.S. Treasury was approximately $2,818,319, or $163,794 less than the amount anticipated. The subsidy reduction resulted from federal sequestration cuts of 5.7% for federal fiscal year ending September 30, 2021. The federal sequestration cuts may continue for an unknown duration. In accordance with the bond maturity schedule, and assuming no subsidy reduction, the approximate annual debt service requirements to maturity for the 2010B Bonds payable throughout the term of the bonds are as follows: Year. Ending June 30 Princiipal Interest 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2039 Total Subsidy Total, net 60,400,000 51,970,000 $ 112,370,000 7,649,000 7,649,000 7,649,000 7,649,000 7,649,000 38,245,100 32,208,300 7,165,300 $ 115,863,700 7,649,000 7,649,000 7,649,000 7,649,000 7,649,000 38,245,100 92,608,300 59,135,300 $ 228,233,700 (2,982,100) (2,982,100) (2,982,100) (2,982,100) (2,982,100) (14,910,600) (12,797,700) (3,175,700) $ (45,794,500) 4,666,900 4,666,900 4,666,900 4,666,900 4,666,900 23,334,500 79,810,600 55,959,600 $ 182,439,200 49 102 Note 6. Long-term Obligations, Continued In July 2013, the Commission issued $462,200,000 principal amount of serial bonds at a premium of $38,328,775 to retire all, or $60,000,000, of the outstanding principal amount of commercial paper notes, fund a portion of the 91 Project costs, pay capitalized interest during construction, and pay cost of issuance. In December 2017, the Commission refunded the callable portion of the outstanding 2013 Sales Tax Bonds. The remaining 2013 Sales Tax Bonds mature in annual installments ranging from $13,995,000 to $14,695,000 on various dates from June 1, 2022 through June 1, 2023 at an interest rate of 5.00%. $ 28,690,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Sales Tax Bonds payable throughout the term of the bonds are as follows: Year Endin . June 30 Princi • al Interest Total 2022 2023 $ 13,995,000 14,695,000 $ 28,690,000 $ 1,434,500 734,600 $ 2,169,100 $ 15,429,500 15,429,600 $ 30,859,100 2016 Sales Tax Revenue Refunding Bonds (Limited Tax Bonds), Series A (Tax-exempt): Outstanding In October 2016, the Commission issued sales tax revenue bonds of $76,140,000. A portion of the 2016 Refunding Bonds was used to refund all of the outstanding Series A bonds issues in 2009, retire all of the outstanding commercial paper notes, finance a termination payment in connection with an interest rate swap agreement and pay costs of issuance. The outstanding 2016 Refunding Bonds mature in annual installments ranging from $5,720,000 to $7,305,000 on various dates from June 1, 2022 through June 1, 2029 at interest rates ranging from 2.00% to 5.00%. $ 52,965,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2016 Refunding Bonds payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Interest Total 2022 2023 2024 2025 2026 2027-2029 5,720,000 6,005,000 6,305,000 6,620,000 6,820,000 21,495,000 $ 1,734,600 1,448,600 1,148,300 833,100 634,500 865,400 7,454,600 7,453,600 7,453,300 7,453,100 7,454,500 22,360,400 $ 52,965,000 $ 6,664,500 $ 59,629,500 2017 Sales Tax Revenue Bonds (Limited Tax Bonds), Series A (Tax-exempt): Outstanding In July 2017, the Commission issued sales tax revenue bonds of $158,760,000 at a premium of $28,931,909 to fund a portion of the 1-15 Express Lanes project and complete the 91 Project. The outstanding 2017A Bonds mature in annual installments ranging from $5,075,000 to $11,440,000 on various dates from June 1, 2022 to June 1, 2039 at interest rates ranging from 3.00% to 5.00%. $ 141,055,000 50 103 Note 6. Long-term Obligations, Continued In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2017A Sales Tax Bonds payable throughout the term of the bonds are as follows: Year Ending June 30 Principal otal 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2039 5,075,000 5,280,000 5,540,000 5,820,000 6,110,000 35,450,000 45,065,000 32,715,000 $ 6,939,600 6,736,600 6,472,600 6,195,600 5,904,600 24,623,300 15,001,500 3,324,400 $ 75,198,200 $ 12,014,600 12,016,600 12,012,600 12,015,600 12,014,600 60,073,300 60,066,500 36,039,400 $ 141,055,000 216,253,200 In connection with the issuance of the 2017A Sales Tax Bonds, the Commission provided for the establishment of an 1-15 Trust Fund for deposits of sales tax revenues as required by the toll indenture for the 1-15 Express Lanes project. In December 2017, the Commission issued sales tax revenue bonds of $392,730,000 at a premium of $80,058,109 to refund all of the outstanding 2010A Bonds and refund a portion of the 2013 Sales Tax Bonds. The 2017B Refunding Bonds mature in annual installments ranging from $15,045,000 to $30,980,000 on various dates from June 1, 2024 to June 1, 2039 at interest rates ranging from 4.00% to 5.00%. $ 392,730,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2017B Refunding Bonds payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Interest Total 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2039 15,045,000 15,800,000 16,590,000 121,060,000 135,640,000 88,595,000 19,366,300 19,366,300 19,366,300 18,614,100 17,824,100 75,212,500 40,460,000 9,003,300 19,366,300 19,366,300 34,411,300 34,414,100 34,414,100 196,272,500 176,100,000 97,598,300 $ 392,730,000 $ 219,212,900 $ 611,942,900 The refunding was undertaken to advance refund all of the outstanding 2010A Bonds and the callable portion of the outstanding 2013 Sales Tax Bonds in the amounts of $37,630,000 and $372,445,000, respectively, and reduce future debt service payments. The reacquisition price exceeded the net carrying amount of the old debt by approximately $41,742,900. This amount is reflected as a deferred outflow of resources and amortized over the life of the old debt, which is the same as the 2017B Refunding Bonds obligation. At June 30, 2021, the unamortized deferred amount on refunding was $32,526,898. The transaction also resulted in an economic gain (difference between the present values of the debt service payments on the old debt and the new debt) of approximately $39,936,000 and a reduction in future debt payments of approximately $52,013,000. 51 104 Note 6. Long-term Obligations, Continued 2018 Sales Tax Revenue Refunding Bonds (Limited Tax Bonds), Series A (Tax-exempt): Outstanding In April 2018, the Commission issued sales tax revenue bonds of $64,285,000 at a premium of $10,723,789 to refund all of the outstanding Series B and Series C bonds issued in 2009 and finance a termination payment in connection with an interest rate swap agreement with Bank of America. The outstanding 2018 Refunding Bonds mature in annual installments ranging from $5,205,000 to $7,290,000 on various dates from June 1, 2022 through June 1, 2029 at interest rates ranging from 4.00% to 5.00%. $ 49,505,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2018 Refunding Bonds payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Interest Total 2022 2023 2024 2025 2026 2027-2029 5,205,000 5,425,000 5,745,000 5,970,000 6,295,000 20,865,000 $ 2,475,200 2,215,000 1,943,800 1,656,500 1,358,000 2,119,900 7,680,200 7,640,000 7,688,800 7,626,500 7,653,000 22,984,900 $ 49,505,000 $ 11,768,400 $ 61,273,400 This refunding was undertaken to eliminate certain risks associated with managing the Commission's variable rate debt. The transaction resulted in a decrease in future debt payments of approximately $802,000 and an economic gain of approximately $746,000 (difference between the present value of the debt service payments on the old debt and the new debt). The reacquisition price and the net carrying amount of the old debt were the same. Toll revenue bonds payable: In July 2010, the Commission authorized the issuance and sale of not to exceed $900 million of toll revenue bonds related to the 91 Project. In May 2017, the Commission authorized the issuance and sale of not to exceed $165,000,000 of toll revenue bonds, including a TIFIA loan related to the 1-15 Express Lanes project. In March 2020, the Commission authorized the issuance and sale of not to exceed $725 million of toll revenue refunding bonds related to the RCTC 91 Express Lanes. 2013 Toll Revenue Bonds, Series A (Current Interest Obligation): Outstanding In July 2013, the Commission issued $123,825,000 principal amount of serial current interest bonds (ClBs) at a discount of $2,433,315 to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The ClBs consist of a serial bond maturing on June 1, 2044 in the amount of $39,315,000 at an interest rate of 5.75% and a term bond due on June 1, 2048 in the amount of $84,510,000 with annual sinking funds payments of $42,255,000 on June 1, 2047 and June 1, 2048 at an interest rate of 5.75%. $ 123,825,000 52 105 Note 6. Long-term Obligations, Continued In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Bonds CIBs payable throughout the term of the bonds are as follows: 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2048 39,315,000 84,510,000 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 31,078,500 7,289,200 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 70,393,500 91,799,200 $ 123,825,000 $ 180,766,300 $ 304,591,300 2013 Toll Revenue Bonds, Series B Ca s ital A s . reciation Obli . ation): In July 2013, the Commission issued $52,829,602 principal amount of serial capital appreciation bonds (CABs) to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The CABs will not pay current interest as interest will be compounded commencing December 2013 semiannually and paid at maturity. Therefore, the CABs will increase in value, or accrete, by the accumulation of such compounded interest from its initial principal amount to the maturity value in installments ranging from $3,440,000 to $34,220,000 on various dates from June 1, 2022 through June 1, 2043. Interest rates and yield to maturity range from 5.30% to 7.15%. During 2021, the accretion amount was $5,495,251; the aggregate accretion through June 30, 2021 is $35,416,745. Outstanding $ 88,246,347 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Bonds CABs payable throughout the term of the bonds are as follows: Year Ending June 30 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2043 Principal Accreted Interest Total 2,396,700 3,098,000 3,739,200 4,364,200 2,227,300 16,824,800 8,387,600 3,355,000 8,436,800 1,423,300 2,231,900 3,245,900 4,450,800 2,647,700 29,425,200 23,767,400 20,355,000 58,103,200 3,820,000 5,329,900 6,985,100 8,815,000 4,875,000 46,250,000 32,155,000 23,710,000 66,540,000 $ 52,829,600 $ 145,650,400 $ 198,480,000 2013 TIFIA Loan Agreement — 91 Project: In July 2013, the Commission executed a TIFIA loan of up to $421,054,409, which proceeds financed a portion of the costs for the 91 Project. During construction and for a period of up to five years following substantial completion, interest is compounded and added to the initial TIFIA loan. The TIFIA loan requires mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments are expected to commence on December 1, 2021, which is five years after substantial completion of the 91 Project, through June 1, 2051. The interest rate of the TIFIA loan is 3.47%. Outstanding $ 503,338,191 The TIFIA loan is a toll revenue bond that is subordinate to the senior toll revenue bonds per the 91 Project indenture. In accordance with the TIFIA loan maturity schedule, the approximate annual mandatory debt service requirements to maturity for the TIFIA loan payable throughout the term of the loan are as follows: 53 106 Note 6. Long-term Obligations, Continued Mandatory Year ending June 30 Principal Interest 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2051 Total Total $ — $ 1,921,000 — 1,921,000 — 1,924,000 1,919,000 7,772,000 100,000 50,809,000 48,773,000 85,985,000 127,195,000 69,709,000 143,501,000 51,730,000 183,769,200 18,451,000 503,338,200 $ 292,141,000 1,921,000 1,921,000 1,924,000 1,919,000 7,772,000 50,909,000 134,758,000 196,904,000 195,231,000 202,220,200 $ 795,479,200 Pursuant to the 91 Project toll indenture and TIFIA loan agreement, the Commission deposited with the trustee $136,451,515 through 2017 into an equity account for payment of 91 Project costs. In connection with the issuance of the 2013 Toll Bonds consisting of the CIBs and CABs, a debt service reserve of $17,665,460 and an operations and maintenance fund of $3,137,666 were established. Upon opening of the RCTC 91 Express Lanes in March 2017, the operations and maintenance fund was transferred from the trustee to the Commission for operations. Additionally, the toll indenture and TIFIA loan agreement require the Commission to establish a subordinate obligations reserve fund of $20,000,000 with Measure A sales tax revenues no later than July 1, 2019, to the extent that the proceeds from the sales of excess right of way acquired by the Commission in connection with the 91 Project are insufficient. The $20,000,000 reserve was funded in June 2019 from the proceeds of the sale of excess properties on the SR -91 and surplus funds. 2017 TIFIA Loan Agreement —1-15 Express Lanes: Outstanding In July 2017, the Commission executed a TIFIA loan of up to $152,214,260, which proceeds will finance a portion of the costs for the 1-15 Express Lanes project. During construction and for a period of up to five years following substantial completion, interest is compounded and added to the initial TIFIA loan. The TIFIA loan requires mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments are expected to commence on June 1, 2025, which is five years after substantial completion of the 1-15 Express Lanes project, through June 1, 2055. The interest rate of the TIFIA loan is 2.84%. During 2021, $21,640,547 was drawn on the TIFIA loan and $3,880,159 in interest was compounded. The TIFIA loan is a senior toll revenue bond per the 1-15 Express Lanes project indenture. $ 153,605,519 54 107 Note 6. Long-term Obligations, Continued In accordance with the projected TIFIA loan maturity schedule, the approximate annual mandatory debt service requirements to maturity for the TIFIA loan payable throughout the term of the loan are as follows: Year ending June 30 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2051 2052-2055 Total Future compounded interest Total TIFIA loan Principal Mandatory Interest 5,020,100 24,967,300 22,308,400 18,354,900 13,825,200 8,608,600 2,607,900 Total 9,506,400 26,225,400 30,178,900 34,708,600 39,925,200 36,219,100 $ 5,020,100 34,473,700 48,533,800 48,533,800 48,533,800 48,533,800 38,827,000 176,763,600 $ 95,692,400 $ 272,456,000 (23,158,100) $ 153,605,500 Pursuant to the 1-15 Express Lanes project toll indenture, the Commission is required to establish the following to support the 15 Express Lanes: • A $16.5 million ramp -up reserve prior to substantial completion and commencement of express lanes operations; • An $18 million TIFIA loan reserve from an advance of Measure A sales tax revenues up to $3 million per year from 2019 through 2024 to the extent that 15 Express Lanes revenues are not sufficient to fund the TIFIA loan reserve; and • Up to a $38.5 million backstop loan from Measure A sales tax revenues of up to $3.85 million per year to the extent 15 Express Lanes revenues are not sufficient to cover operations and maintenance costs, TIFIA loan mandatory debt service, and TIFIA scheduled interest. The Commission has funded $9,000,000 required for the TIFIA loan reserve with an advance of Measure A sales tax revenues. The loan is included in advances from the Measure A Western County Special Revenue fund to the 15 Express Lanes Enterprise fund. Commercial paper notes payable: In February 2005, the Commission authorized the issuance of tax-exempt commercial paper notes in an amount not to exceed $200,000,000 for the primary purpose of financing right of way and mitigation land acquisition and project development costs of capital projects under the 2009 Measure A. The Commission reduced the authorization to $60,000,000 in September 2013. As of June 30, 2021, $0 was outstanding in commercial paper notes. The source of revenue to repay the commercial paper notes and any subsequent long-term debt refinancing is the 2009 Measure A sales tax. Interest is payable on the respective maturity dates of the commercial paper notes, which is up to 270 days from the date of issuance. The maximum allowable interest rate on the commercial paper notes is 12%. As a requirement for the issuance of the commercial paper notes, the Commission entered into a $60,750,000 irrevocable direct draw letter of credit and reimbursement agreement with State Street Bank and Trust Company (State Street) as credit and liquidity support for the commercial paper notes through October 2025. The commitment fees paid to State Street were $258,694 in 2021. Funds are drawn under the letter of credit to pay debt service on the commercial paper notes, and the Commission is required to reimburse the bank for such drawings. Amounts drawn on the letter of credit and not reimbursed within 30 days are not due until five years after the date of such draw. Accordingly, the commercial paper notes are classified as long-term liabilities in the Commission's government -wide financial statements. There were no unreimbursed draws by the Commission on the remaining letter of credit during the year ended June 30, 2021, nor were there any amounts outstanding under the remaining letter of credit agreement at June 30, 2021. 55 108 Note 6. Long-term Obligations, Continued The Commission's commercial paper program functions similar to bond anticipation notes for reporting purposes, as the commercial paper notes are issued and retired with long-term debt issuances. Commercial paper notes are classified as long- term debt as long as the Commission's letter of credit facility extends at least one year past its fiscal year end; otherwise, the commercial paper notes are classified as a fund liability. Capital lease obligation: The Commission has entered into a lease agreement for financing the acquisition of office equipment. This lease agreement qualifies as a capital lease for accounting purposes and, therefore, has been recorded at the present value of its future minimum lease payments. The office equipment book value of $55,000 is recorded as a capital asset in the governmental activities. Total future minimum lease obligations and the net present value of these minimum lease payments as of June 30, 2021 are as follows: Year Ending June 30 2022 2023 2024 Total minimum lease payments Less amount representing interest Present value of minimum lease payments 15,762 15,762 6,567 38,091 (6,369) $ 31,722 Arbitrage rebate: The Tax Reform Act of 1986 instituted certain arbitrage restrictions with respect to the issuance of tax-exempt bonds and commercial paper notes after August 31, 1986. In general, arbitrage regulations deal with the investment of all tax- exempt bond and commercial paper note proceeds at an interest yield greater than the interest yield paid to bondholders or noteholders. Failure to follow the arbitrage regulations could result in all interest paid to bondholders or noteholders retroactively rendered taxable. In accordance with the arbitrage regulations, if excess earnings were calculated, 90% of the amount calculated would be due to the Internal Revenue Service at the end of each five-year period. The remaining 10% would be recorded as a liability and paid after all bonds had been redeemed. During the current year, the Commission performed calculations of excess investment earnings on all bond and commercial paper financings. There was no arbitrage liability at June 30, 2021. Note 7. Net Position and Fund Balances Net position: Net investment in capital assets of $244,005,200, as reported on the statement of net position, represents capital assets, net of accumulated depreciation and amortization, of $1,237,455,966 less the related debt of $993,450,766. The related debt includes the portion of the sales tax revenue and toll revenue bonds that was used for the development of tolled express lane capital assets. The deficit in business -type activities will be reduced by future toll revenues for the payment of outstanding toll obligations. 1' 1 11 " l 1 • • 1 11 " 1 I" e" Capital assets, net $ 608,877,789 $ 628,578,177 $ 1,237,455,966 Less: related debt (255,687,981) (737,762,785) (993,450,766) Total $ 353,189,808 $ (109,184,608) $ 244,005,200 Additionally, the statement of net position reports $1,032,112,542 of restricted net position, of which $480,984,296 is restricted by enabling legislation. 56 109 Note 7. Net Position and Fund Balances, Continued Fund balances: Measure A: Measure A sales tax revenues are allocated to the three defined geographic areas of Riverside County, consisting of Western County, Coachella Valley, and Palo Verde Valley in proportion to the funds generated within those areas. Revenues must then be allocated to the programs of the geographic areas according to percentages as defined by Measure A and are legally restricted for applicable program expenditures. Bond and commercial paper note proceeds are allocated to the geographic areas based on the estimated uses. Accordingly, the related fund balances are classified as follows: Highways: Funds are to be used for project costs including engineering, right of way acquisitions, and construction of the Western County highways and Coachella Valley highways and regional arterials. Funds for new corridors are to be used for environmental clearance, right of way acquisition, and construction of four new Western County transportation corridors identified through CETAP. In order to attract commercial and industrial development and jobs in the Western County, funds are expended to create an infrastructure improvement bank to improve and construct interchanges, provide public transit linkages or stations, and make other improvements to the transportation system. Funds are also provided to support bond financing costs. These program funds are intended to supplement existing federal, state, and local resources. Coachella Valley highway and regional arterial funds are matched by TUMF revenues generated in the Coachella Valley. Accordingly, funds for highways, Coachella Valley regional arterials, new corridors, economic development, and bond financing are reflected as restricted for these specific purposes as stipulated by the 1989 Measure A and 2009 Measure A. Commuter rail: Funds for rail operations and to match federal funds for capital are restricted as stipulated by the 2009 Measure A Western County public transit program. Certain state revenues are restricted for the planning and development of the new Coachella Valley/San Gorgonio Pass corridor rail service. Regional arterials: Funds for regional arterials are used to implement the planned Western County regional arterial system, as defined by WRCOG. Local streets and roads: Funds to be expended by local jurisdictions for the construction, repair, and maintenance of local streets and roads are reflected as restricted as stipulated by the 2009 Measure A. The County and local cities are required to supplement those expenditures with other previously dedicated revenue sources to maintain road improvements. Monies are disbursed to the jurisdictions which comply with the requirements to maintain the same level of funding for streets and roads as existed prior to the passage of the 2009 Measure A and participate in TUMF (as applicable in the Western County and Coachella Valley areas) and the MSHCP in Western County and which annually submit a five-year capital improvement plan. Commuter assistance and transit: Funds for public transit are used to promote and subsidize commuter assistance programs such as ridesharing and telecommuting and specialized transportation to guarantee reduced transit fares, expand existing transit services, and implement new transit services for seniors and persons with disabilities. These funds are restricted as stipulated by the 2009 Measure A. Funds for intercity bus services in Western County and bus replacement and more frequent service in the Coachella Valley are restricted as stipulated by the 2009 Measure A. Debt service: Certain bond proceeds that have been used to make required sinking fund payments in the Debt Service fund as required by the bond agreements are classified as restricted. Amounts held by the trustee equal to the maximum annual debt service are recorded in the Debt Service fund as restricted. Transportation Development Act: Restricted fund balance for the LTF represents the apportionments related to transit programs by geographic area, bicycle and pedestrian facilities, and planning and programming services and unapportioned revenues. Restricted fund balance for the STA and State of Good Repair represents the apportionments for transit by geographic area. The TDA restrictions at June 30, 2021 are as follows: 57 110 Note 7. Net Position and Fund Balances, Continued Local Transportation Fund State Transit State of Good ' Assistance Repair Total Bicycle and pedestrian facilities Transit and specialized transportation Western County: Bus transit: City of Banning City of Beaumont City of Corona City of Riverside $ 7,091,610 100,000 Riverside Transit Agency 2,666,157 Apportioned and unallocated 106,170,400 Commuter rail: Commission — Apportioned and unallocated 14,631,367 $ 1,499,571 3,660,444 1,190,822 281,901 53,018,684 19,987,678 8,920,093 28,228,960 $ 36,600 221,899 296,883 395,899 4,810,945 2,300,656 906,330 Total Western County 123,567,924 116,788,153 8,969,212 Coachella Valley: BusTransit SunLine Transit Agency 1,434,660 10,010,180 1,513,933 Apportioned and unallocated 21,557,065 1,555,239 825,912 Total Coachella Valley 22,991,725 11,565,419 2,339,845 36,896,989 Palo Verde Valley: Palo Verde Valley Transit Agency — 96,184 $ 7,091,610 1,636,171 3,882,343 1,487,705 677,800 60,495,786 128,458,734 9,826,423 42,860,327 249,325,289 12,958,773 23,938,216 Apportioned and unallocated for transit Total Palo Verde Valley 1,475,130 1,475,130 228,606 54,667 1,758,403 8,081 104,265 132,422 46,586 1,654,138 Unapportioned funds 29,420,033 — — 29,420,033 Total transit and specialized transportation $ 184,546,422 $ 128,582,178 $ 11,363,724 $ 324,492,324 Commuter rail: Restricted fund balances in the General fund and a nonmajor governmental fund represent TDA monies to be used for commuter rail operations and capital. Transportation Uniform Mitigation Fee: TUMF revenues to be received by the Commission are to be used for new CETAP corridors and the regional arterial system in Western County and are restricted as follows: CETAP: Funds for the development of new transportation corridors are used to provide congestion relief and mobility within the County and between the County and its neighboring Orange and San Bernardino counties. Funds will be matched by revenues of $370 million generated from the 2009 Measure A. Regional arterials: Funds for regional arterials are used to implement the planned Western County regional arterial system. Funds will be matched by revenues of $300 million generated from the 2009 Measure A. Prepaid amounts: Prepaid amounts are reported as nonspendable fund balance as they are in nonspendable form. 58 111 Note 7. Net Position and Fund Balances, Continued Motorist assistance: Funds in the Service Authority for Freeway Emergencies and Freeway Service Patrol Special Revenue funds are reported as nonmajor governmental funds of $5,998,063 and $5,846,616, respectively, to assist motorists on County roads are restricted as stipulated by the State. Regional conservation: Funds in the Regional Conservation Special Revenue fund are reported as a nonmajor governmental fund in connection with an agreement to provide management services to the Western Riverside County Regional Conservation Authority (RCA) on a reimbursement basis. General government: Funds allocated by Measure A, TUMF, LTF, motorist assistance, STA, Coachella Valley Rail, and SB 132 programs to the General Fund have been assigned by the Commission for general government administration. RCTC 91 Express Lanes: Restricted net position for toll operations consists of net toll revenues from toll operations in the RCTC 91 Express Lanes Enterprise fund in accordance with the toll bond indenture. 15 Express Lanes: Restricted net position for toll operations consist of net toll revenues from toll operations in the 15 Express Lanes Enterprise fund in accordance with the toll bond indenture. Unassigned: The SB 132 Special Revenue fund Project fund reported a negative unassigned fund balance of $143,114. The Commission anticipates future reimbursements from Caltrans will reduce the negative fund balance. Note 8. Commitments and Contingencies Operating lease: The Commission has entered into an operating lease agreement for office facilities. The term of the lease, as amended, is for a period of 10 years expiring in October 2027. Rental expenditures for the fiscal year ended June 30, 2021 were approximately $581,000. Year Ending June 30 Amount 2022 2023 2024 2025 2026 2027 Total minimum rental commitment 598,493 616,449 634,945 653,996 673,615 223,604 $ 3,401,102 Real property and project agreements: The Commission has entered into other agreements in the ordinary course of business with companies and other governmental agencies for the acquisition of real property as well as the engineering and construction of certain highway and commuter rail projects. These agreements, which are significant, are funded with available and future revenues and debt proceeds. Litigation: Certain claims involving disputed construction costs and property acquisition costs, including goodwill claims, have arisen in the ordinary course of business. Additionally, the Commission is a defendant in lawsuits. Although the outcome of these matters is not presently determinable, management does not expect that the resolution of these matters will have a material adverse impact on the financial condition of the Commission. 59 112 Note 9. Joint Agreements Joint ventures: The Commission is one of five members of the SCRRA, an independent joint powers authority created in June 1992. The SCRRA's board consists of one member from the Ventura County Transportation Commission; two each from the Orange County Transportation Authority (OCTA), the San Bernardino Associated Governments, and the Commission; and four members from the Los Angeles County Metropolitan Transportation Authority. The SCRRA is responsible for implementing and operating a regional commuter rail system (Metrolink) in five southern California counties. As a member of SCRRA, the Commission makes capital and operating contributions for its pro rata share of rail lines servicing the County. The Commission expended $8,085,000 and $2,631,351 during 2021 for its share of Metrolink operating and capital costs, respectively. As of June 30, 2021, cumulative capital contributions were $58,993,008. Other funds for rail service are contributed to the SCRRA by the State from state rail bonds on behalf of the Commission. Separate financial statements are prepared by and available from the SCRRA, which is located at 900 Wilshire Boulevard, Suite 1500, Los Angeles, California 90017. In May 2013 the Commission became a full voting member of the Los Angeles —San Diego —San Luis Obispo (LOSSAN) Rail Corridor Agency with the intent to have greater involvement in regional rail issues because of its legal ownership rights regarding passenger rail service between Fullerton and Los Angeles. The LOSSAN Rail Corridor Agency is a locally governed joint powers authority comprised of 13 agencies created to oversee the intercity passenger rail service in the travel corridor between San Diego and San Luis Obispo County. The Commission's share of administration costs is subject to future negotiations; however, during 2021 the Commission contributed $0 for administration efforts. In May 2017, the Commission became a member of the California Vanpool Authority (CalVans) to share resources and provide public vanpool transportation options for the traveling public. CalVans is a joint powers authority comprised of 13 agencies created to operate vanpool services within the territories of the member agencies. The Commission did not expend any funds during 2021 for CalVans. RCTC 91 Express Lanes cooperative agreements: The RCTC 91 Express Lanes are jointly operated with the existing OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. Under the Orange -Riverside Cooperative Agreement, which was entered into in December 2011, the Commission and OCTA agreed on the use of the same initial toll operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and marketing activities as well as OCTA review of design plans and construction activities for the 91 Project. In May 2013 the Commission entered into a three -party agreement with OCTA and the third -party toll operator, for the operations of the 91 Express Lanes. This ensures a streamlined and consistent intercounty travel for motorists on the OCTA 91 Express Lanes in Orange County and RCTC 91 Express Lanes in Riverside County. The third -party toll operator provides operating services in the annual amount of $6,942,600 plus inflation for three initial years with two one-year extension options, subject to Board of Commissioners approval. The third -party toll operator is responsible for the day-to-day operations of the toll facility; another contractor is responsible for maintaining the roadside toll collection system under a separate agreement with the Commission. The three -party agreement expires on December 31, 2021, as amended in September 2019. In November 2019, the Commission awarded an agreement to the third -party operator to develop and install a new back office system and to provide express lane operator services, including the back office and customer services center. The agreement is a three -party contract including OCTA. The contract has a five-year term beginning upon completion and implementation of the new back office system, plus two 3 -year options, to operate both the OCTA and RCTC 91 Express Lanes. The operating term is anticipated to begin by December 2021. 60 113 Note 9. Joint Agreements, Continued Management services agreement: The Commission and RCA entered into an Implementation and Management Services Agreement effective January 1, 2021. Under the agreement, the Commission shall administer, coordinate, and supervise the activities of the RCA as set forth in the RCA Joint Exercise of Powers Agreement and shall act for RCA in accomplishing its purposes. The RCA oversees and administers the Multiple Species Habitat Conservation Plan (MSHCP), one of America's most ambitious environmental efforts, in support of its member agencies. The MSHCP is a comprehensive, multi jurisdictional habitat conservation plan focusing on the permanent conservation of 500,000 acres and the protection of 146 covered species, including 33 that are currently listed as threatened or endangered. RCA reimbursed the Commission $1,721,498 during the year ended June 30, 2021 in connection with the management services provided under this agreement. Note 10. Employees' Pension Plans General Information about the CaIPERS Pension Plan: The Commission contracts with CaIPERS to provide its employees retirement as well as death and retirement disability benefits, which are paid by the CaIPERS under a cost sharing multiple - employer plan. CaIPERS issues publicly available reports that include a full description of the pension plan regarding benefit provisions, assumptions and membership information that can be obtained from its executive office located at 400 P Street, Sacramento, California 95814, or by visiting the CaIPERS website at www.calpers.ca.gov. All permanent Commission employees are eligible to participate in the Miscellaneous Employee Pension Plan, cost -sharing multiple employer defined benefit pension plan administered by CaIPERS. Benefit provisions under the Plan are established by State statute and Commission resolution. Benefits Provided — CaIPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Employees hired prior to January 1, 2013 and attaining the age of 55 with five years of credited California service (service) are eligible for normal retirement and are entitled to a monthly benefit of 2.7% of their final compensation for each year of service. Final compensation is defined as the highest annual salary earned. Retirement may begin at age 50 with a reduced benefit rate. The plan also credits employees for unused sick leave. Employees hired on or after January 1, 2013 who are not "classic" members and attaining the age of 62 with five years of credited service are eligible for normal retirement and are entitled to a monthly benefit of 2% of their three-year final compensation for each year of service. Retirement may begin at age 52 with a reduced benefit rate. Upon separation from the plan prior to retirement, members' accumulated contributions are refundable with interest credited through the date of separation. All members are eligible for non -duty disability benefits after 10 years of service. The pre -retirement death benefit is one of the following: the 1957 Survivor Benefit — level 3 or the Optional Settlement 2W Death Benefit. The post -retirement death benefit is one of the following: lump sum or survivor allowance. The cost of living adjustments for each plan are applied as specified by the Public Employees' Retirement Law. The Plan provisions and benefits in effect at June 30, 2021, are summarized as follows: Hire date Benefit formula Benefit vesting schedule Benefit payments Retirement age Monthly benefits, as a % of eligible compensation Required employee contribution rates Required Commission contribution rates Miscellaneous Prior to January 1, 2013 On or after January 1, 2013 2.7% @ 55 5 years of service Monthly for life 50 — 55 2.0% to 2.7% 8.00% 16.359% 2% @ 62 5 years of service Monthly for life 52 — 62 1.0% to 2.0% 8.00% 8.051% 61 114 Note 10. Employees' Pension Plans, Continued Contributions — Section 20814(c) of the California Public Employees' Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in rate. Funding contributions for the Plan are determined annually on an actuarial basis as of June 30 by CaIPERS. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The Commission is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. For the year ended June 30, 2021, the contributions recognized as part of pension expense for the Plan were as follows: Contributions — Commission Contributions — Employee 925,486 590,100 Pension Liabilities, Pension Expenses, and Deferred Outflows/Inflows of Resources Related to Pensions: As of June 30, 2021, the Commission reported a net pension liability for its proportionate shares of the net pension liability of the Plan as follows: Proportionate Share of Net Pension Liability Miscellaneous $ 524,003 The Commission's net pension liability for the Plan is measured as the proportionate share of the net pension liability. The net pension liability of the Plan is measured as of June 30, 2020, and the total pension liability for the Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2019 rolled forward to June 30, 2020 using standard update procedures. The Commission's proportion of the net pension liability was based on a projection of the Commission's long- term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined. The Commission's proportionate share of the net pension liability for the Plan as of June 30, 2019 and 2020 is as follows: Miscellaneous Proportion — June 30, 2020 Proportion — June 30, 2021 Change — Increase (Decrease) 0.08706% 0.00482% (0.08224%) For the year ended June 30, 2021, the Commission recognized pension expense of $2,351,539. At June 30, 2021, the Commission reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Outflows of Deferred Inflows of Resources Resources Pension contributions subsequent to measurement date Differences between actual and expected experience Changes in assumptions Differences between contributions and the proportionate share of contributions Changes in Commission's proportion Net differences between projected and actual earnings on plan investments Total $ 7,359,194 $ 5,775,361 925,486 $ 27,003 — 3,737 6,368,728 22,411 5,771,624 15,566 The $925,486 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the subsequent fiscal year. Other amounts reported as deferred outflows of resources and deferred (inflows) of resources related to pensions will be recognized as pension expense as follows: 62 115 Note 10. Employees' Pension Plans, Continued Year Ending June 30 2022 2023 2024 2025 272,201 237,969 140,712 7,465 $ 658,347 Actuarial Methods and Assumptions — The total pension liability in the June 30, 2019 actuarial valuation was determined using the following actuarial assumptions: Miscellaneous Valuation Date Measurement Date Actuarial Cost Method Actuarial Assumptions: Discount Rate Inflation Projected Salary Increase Investment Rate of Return Mortality June 30, 2019 June 30, 2020 Entry -Age Normal Cost Method 7.15% 2.50% Varies by entry age and service 7.15% net of pension plan investment and administrative expenses, includes inflation Derived using CalPERS' membership data for all funds The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2019 valuation were based on the results of a December 2018 actuarial experience study report (based on demographic data for the period 1997 to 2015). Further details of the experience study can be found on the CalPERS website. Discount Rate — The discount rate used to measure the total pension liability was 7.15% for the Plan. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made at statutorily required rates, actuarially determined. Based on those assumptions, the Plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Long -Term Expected Rate of Return — The long-term expected rate of return on pension plan investments was determined using a building-block method in which expected future real rates of return (expected returns, net pension plan investment expense and inflation) are developed for each major asset class. In determining the long-term expected rate of return, CalPERS took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Using historical returns of all the funds' asset classes, expected compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11 years +) using a building- block approach. Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the rounded single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equal to the single equivalent rate calculated above and adjusted to account for assumed administrative expenses. 63 116 Note 10. Employees' Pension Plans, Continued The table below reflects the expected real rates of return by asset class. Asset Class (a) Current Target Real Return Real Return Allocation Years 1 —10 (b) Years 11+ (c) Global Equity Fixed Income Inflation Assets Private Equity Real Estate Liquidity Total 50.0% 28.0% 8.0% 13.0% 1.0% 100% 4.80% 1.00% 0.77% 6.30% 3.75% 5.98% 2.62% 1.81% 7.23% 4.93% (0.92%) (a) In the CaIPERS annual report, fixed income is included in Global Debt Securities; Inflation Assets are included in both Global Equity Securities and Global Debt Securities; and Liquidity is included in short-term investments. (b) An expected inflation rate of 2.0% used for this period. (c) An expected inflation rate of 2.92% used for this period. Sensitivity of the Collective Net Pension Liability to Changes in the Discount Rate — The following presents the Commission's collective net pension liability for the Plan, calculated using the discount rate for the Plan, as well as what the Commission's collective net pension liability would be if it were calculated using a discount rate that is 1% below or 1% higher than the current rate: 1% Decrease Net Pension Liability Current Discount Rate Net Pension Liability 1% Increase Net Pension Liability 6.15% $6,019,962 7.15% $524,003 8.15% ($4,017,136) Pension Plan Fiduciary Net Position — Detailed information about the pension plan's fiduciary net position is available in the separately issued CaIPERS financial reports. Payable to the Pension Plan — At June 30, 2021, the Commission reported a payable of $0 for the outstanding amount of contributions to the pension plan required for the year ended June 30, 2021. 401(a) plan: The Commission offers its employees a 401(a) single -employer defined contribution plan referred to as the Money Purchase Plan & Trust (Plan), which covers all permanent full-time employees. Employees are fully vested in the Plan after five years. The Plan, which is administered by the International City/County Management Association (ICMA), requires the Commission to make a contribution of 7.5% of the employees' earnings for the Plan year. Fiduciary responsibility and reporting of the Plan assets rests with ICMA. The Commission has the authority to amend the contribution requirements. Total payroll for covered employees for the current year was $7,470,675. The Commission's contributions to the Plan were $541,341 for the year ended June 30, 2021. 64 117 Note 11. Post -employment Benefits Other Than Pensions (OPEB) Plan description — The Commission's OPEB plan through the CERBT, is an agent multiple -employer defined benefit plan for eligible retirees and their dependents. CERBT issues a publicly available financial report that can be obtained from its executive office or its website. Benefits provided — The Commission provides post -employment health benefits for eligible retirees and their dependents at retirement. For employees hired on or after January 1, 2007, retirees must have a minimum of 10 years of PERS service and no less than five years of Commission service in order to receive post -employment health benefits in accordance with PERS as per Government Code Section 22893. For employees hired prior to January 1, 2007, retirees are not required to meet the eligibility criteria and may receive post -employment health benefits at the monthly health benefit rate paid for active employees, which is currently at $750. The Commission's contributions toward premiums for retiree health insurance are coordinated with Medicare and other benefits provided by federal and state law, when available, to the extent it reduces the cost of insurance premiums. Employees covered by benefit terms at June 30, 2021 are as follows: Inactive employees or beneficiaries currently receiving benefit payments 24 Active employees 50 Total 74 Contributions — The contribution requirements of plan members are established and may be amended by the Commission. The Commission has adopted a policy to fund 100% of the actuarially determined amount. For the year ended June 30, 2021, the Commission's average contribution rate was 8% of covered -employee payroll. Employees are not required to contribute to the plan. Net OPEB Liability — The Commission's net OPEB liability was measured as of June 30, 2020, and the total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation as of that date. Actuarial assumptions — The total OPEB liability in the June 30, 2020 actuarial valuation was determined using the following assumptions, applied to all periods included in the measurement, unless otherwise specified: Actuariail Assumptions June 30, 2020 Measurement Date Inflation Salary increases Investment rate of return Healthcare cost trend rates 2.75% per annum 3.00% aggregate 5.75% Non -Medicare: 7.5% for 2021, decreasing to an ultimate rate of 4.0% in 2076 and later years Medicare: 6.3% for 2021, decreasing to an ultimate rate of 4.0% in 2076 and later years Mortality rates are based on projected fully generational with Scale MP -2018. The actuarial assumptions used in the June 30, 2020 actuarial valuation were based on the results of an actuarial experience study for the period July 1, 2019 to June 30, 2020. The long-term expected rate of return on OPEB plan investments was determined using a building-block method in which expected future real rates of return (expected returns, net of OPEB plan investment expense and inflation) are developed for each major asset class. In determining the long-term expected rate of return, CaIPERS took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Using historical returns of all the funds' asset classes, expected compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11 years +) using a building- block approach. Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the rounded single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. 65 118 Note 11. Postemployment Benefits Other Than Pensions (OPEB), Continued The expected rate of return was then set equal to the single equivalent rate calculated above and adjusted to account for assumed administrative expenses. Asset Class Target Expected Real Allocation Rate of Return Strategy 2 Global equity Fixed income TIPS Commodities REITs Assumed long-term rate of inflation Expected long-term net rate of return 40% 43% 5% 4% 8% 4.82% 1.47% 1.29% 0.84% 3.76% 2.75% 5.75% Discount rate — The discount rate to measure the total OPEB liability was 5.75%. The projection of cash flows used to determine the discount rate assumed that contributions from the Commission will be made at contractually required rates, actuarially determined. Based on this assumption, the OPEB plan's fiduciary net position was projected to be available to make projected OPEB payments for current and inactive employees. Therefore, the long-term expected rate of return on OPEB plan investments was applied to all periods of projected benefit payments to determine the total OPEB liability. Changes in the Net OPEB Liability — The changes in the net OPEB liability (asset) from the measurement date of June 30, 2019 to June 30, 2020 are as follows: Balances at June 30, 2019 (measurement date) Changes for the year: Service cost Interest Assumption changes Contributions — employer Net investment income Benefit payments Administrative expense Net changes Balances at June 30, 2020 (measurement date) $ Total OPEB Liability Increase (Decrease) Plan Fiduciary Net Net OPEB Liability Position (Asset) 7,915,000 $ 408,900 470,500 (148,300) (282,700) 448,400 8,490,000 $ 448,000 452,700 (282,700) (5,400) 612,700 (575,000) 408,900 470,500 (148,300) (448,000) (452,700) 5,400 (164,200) 8,363,400 $ 9,102,600 $ (739,200) Sensitivity of the net OPEB liability to changes in the discount rate — The following table presents the Commission's net OPEB liability (asset), as well as what the Commission's net OPEB liability would be if it were calculated using a discount rate that is 1% below or 1% higher than the current discount rate: 66 119 Note 11. Postemployment Benefits Other Than Pensions (OPEB), Continued 1% Decrease 4.75% Net OPEB Liability $546,700 Current Discount Rate 5.75% Net OPEB Asset ($739,200) 1% Increase Net OPEB Asset 6.75% ($1,776,700) Sensitivity of the net OPEB liability to changes in the healthcare cost trend rates — The following table presents the net OPEB liability (asset) as well as what the Commission's net OPEB liability would be if it were calculated using healthcare cost trend rates that are 1°/0 below or 1% higher than the current healthcare cost trend rates: Changes in the Healthcare Cost Trend Rate 1% Decrease Net OPEB Asset 1% Decrease ($1,918,800) Current Healthcare Trend Rate Current Trend Net OPEB Asset ($739,200) 1% Increase 1% Increase Net OPEB Liability $742,300 OPEB plan fiduciary net position — Detailed information about the OPEB plan's fiduciary net position is available in the separately issued CERBT financial reports at https://www.calpers.ca.gov/paqe/employers/benefit-programs/cerbt. OPEB expense and deferred outflows of resources and deferred inflows of resources related to OPEB — For the year ended June 30, 2021, the Commission recognized OPEB expense of $287,200. At June 30, 2021 the Commission reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources. Deferred Outflows of Deferred Inflows of Resources Resources Contributions subsequent to measurement date Changes in assumptions Differences between actual and expected experiences Net differences between projected and actual earnings on plan investments Total $ 827,300 $ 508,500 728,300 99,000 128,500 244,000 136,000 The $728,300 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net OPEB liability in the subsequent fiscal year. Amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows: Year Ending June 30 2022 2023 2024 2025 2026 Thereafter (139,100) (85,100) (64,100) (38,900) (47,800) (34,500) $ (409,500) 67 120 Note 11. Postemployment Benefits Other Than Pensions (OPEB), Continued Payable to the OPEB Plan — At June 30, 2021 the Commission reported a payable of $0 for the outstanding amount of contributions to CERBT required for the year ended June 30, 2021. Note 12. Measure A Conformance Requirements Measure A requires that the sales taxes collected may only be used for transportation purposes including administration and the construction, capital acquisition, maintenance, and operation of streets, roads, highways including state highways, and public transit systems and for related purposes. These purposes include expenditures for planning, environmental reviews, engineering and design costs, and related right of way acquisition. Note 13. Subsequent Events In October 2021, the Commission issued toll revenue refunding bonds (2021 Toll Refunding Bonds) consisting of $88,735,000 senior lien federally taxable bonds, $450,629,000 senior lien tax-exempt bonds, and $75,695,000 second lien tax-exempt bonds. The proceeds of the 2021 Toll Refunding Bonds were used to refund a portion of the RCTC 91 Express Lanes 2013 Toll Revenue CIBs, pay the purchase price of the 2013 Toll Revenue CIBs accepted for tender for cash, refund and prepay the TIFIA loan, fund capitalized interest, make deposits to required reserves, and pay costs of issuance. Certain senior lien tax-exempt bonds issued were exchanged for certain 2013 Toll Revenue CIBs accepted for exchange. Additionally, the Commission deposited available funds with an escrow agent to defease approximately $28,919,000 in accreted value of the 2013 Toll Revenue CABs maturing in the years 2022 through 2025 and 2027 through 2029. Note 14. Pronouncements Issued, Not Yet Effective In May 2020, the Commission adopted GASB Statement No. 95, Postponement of the Effective Dates of Certain Authority Guidance. In light of the COVID-19 pandemic and effective immediately, this statement provides temporary relief to governments and other stakeholders with a delay in the effective dates of several GASB statements. The GASB pronouncements issued prior to June 30, 2021 that have an effective date that may impact future financial presentations include: • GASB Statement No. 87, Leases, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period, effective for fiscal years beginning after December 31, 2021; • GASB Statement No. 91, Conduit Debt Obligations, effective for fiscal years beginning after December 31, 2022; • GASB Statement No. 92, Omnibus 2020, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 93, Replacement of Interbank Offered Rates, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 94, Public -Private and Public -Public Partnerships and Availability Payment Arrangements, effective for the fiscal year that ends June 30, 2023; • GASB Statement No. 96, Subscription -Based Information Technology Arrangements, effective for the fiscal year that ends June 30, 2023; and • Implementation Guide No. 2019-3, Leases, effective for the fiscal year that ends June 30, 2022. 68 121 Required Supplementary Information Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual - General Fund Year Ended June 30, 2021 General Original Final Budget Budget Actual Variance with Final Budget Positive (Negative) Revenues Intergovernmental $ 25,581,400 $ 25,581,400 $ 13,736,424 $ (11,844,976) Investment income 131,600 131,600 32,926 (98,674) Other 1,700 101,700 1,206 (100,494) Total revenues 25,714,700 25,814,700 13,770,556 (12,044,144) Expenditures Current: General government 9,781,600 10,217,400 10,217,400 Commuter rail 37,672,800 37,610,600 11,479,901 26,130,699 Planning and programming 5,947,800 5,963,400 2,381,807 3,581,593 Transit and specialized transportation 1,155,600 1,118,100 732,994 385,106 Total programs 54,557,800 54,909,500 14,594,702 40,314,798 Debt service: Principal Interest Total debt service 10,100 10,099 1 5,700 5,663 37 15,800 15,762 38 Capital outlay 1,318,300 1,318,300 29,508 1,288,792 Total expenditures 55,876,100 56,243,600 14,639,972 41,603,628 Excess (deficiency) of revenues over (under) expenditures (30,161,400) (30,428,900) (869,416) 29,559,484 Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances at beginning of year Fund balances at end of year See notes to required supplementary information 25,579,100 (2,247,200) 23,331,900 27,129,200 (2,077,900) 25,051,300 12,925,156 12,925,156 (14,204,044) 2,077,900 (12,126,144) $ (6,829,500) $ (5,377,600) 12,055,740 $ 17,433,340 25,862,291 $ 37,918,031 69 123 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual - Major Special Revenue Funds Year Ended June 30, 2021 Measure A Western County Measure A Coachella Valley Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Sales taxes $ 124,986,000 $ 152,327,000 $ 189,843,732 $ 37,516,732 $ 34,318,000 $ 41,825,000 $ 52,036,378 $ 10,211,378 Transportation Uniform Mitigation Fee - - - Intergovernmental 122,424,900 122,424,900 80,589,452 (41,835,448) - - - Investment income 775,200 775,200 492,874 (282,326) 182200 182,200 67,218 (114,982) Other 15,784,400 15,784400 5,746;267 (10,038,133) - - - Total revenues 263,970,500 291,311,500 276,672325 (14,639,175) 34,500,200 42,007,200 52103,596 10,096,396 Expenditures Current General government 722,600 722,600 398,552 324,048 - - - - Bicycle and pedestrian faciltes - - - - - - - - CETAP - - - - Commuter assistance 4,936,800 4,994,100 3,071,831 1,922,269 - - - Commuter rail 26,336,700 26,546,700 16,871,212 9,675,488 - - - - Highways 245,850,100 246.541,700 110,056,239 136,485,461 30,034,400 33,507,000 13,098,016 20,408,984 Local streets and roads 35,967,700 54.806,100 54,806,078 22 11,895,700 18,212,800 18,212,734 66 Planning and programming - - Regional arterials 12847,100 12,849,300 1,249,823 11,599,477 - - - - Transit and specialized transportation 6,409,900 8,500,400 2,476,822 4,023,578 5,985,800 6,081,200 6,081,183 17 Total programs 333,070,900 352,960,900 188,930,557 164,030,343 47,915,700 57,801,000 37,391,933 20,409,067 Capital outlay 4,330,500 5,507.000 4,720,834 786,166 Total expenditures 337,401,400 358,467,900 193,651,391 164,816,509 47,915,700 57,801,000 37,391,933 20,409,067 Excess (deficiency) of revenues over (under) expenditures (73,430,900) (67,156,400) 83,020,934 150,177,334 (13,415,500) (15,793,800) 14,711,663 30,505,463 Other financing sources (uses) Debt issuance 47,371,900 47,371,900 15,660,996 (31,710,904) - Transfers in 75,342,900 75,211,200 28,664,670 (46,546,530) 131,700 131,713 13 Transfers out (109,345,100) (109,314,800) (67,498.818) 41,815,982 (363,000) (430,700) - 430,700 Total other financing sources (uses) 13,369,700 13,268,300 (23,173,152) (36,441,452) (363,000) (299,000) 131,713 430,713 Net change in fund balances $ (60,061,200) $ (53,888,100) 59,847,782 $ 113,735,882 $ (13,778,500) $ (16,092,800) 14843,376 $ 30,936,176 Fund balances at beginning of year 263,779,809 63,573,136 Fund balances at end of year $ 323,627,591 $ 78,416,512 See notes to required supplementary information Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual - Major Special Revenue Funds, Continued Year Ended June 30, 2021 Transportation Uniform Mitigation Fee Local Transportation Fund Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Sales taxes 5 - $ - $ - 5 $ 82,000,000 $ 100,000,000 $ 123,038,694 $ 23,038,694 Transportation Uniform Mitigation Fee 15,500,000 15,500,000 28,301,547 12,801,547 - Intergovernmental 13,920,000 13,920,000 12,288,366 (1,631,634) - 13,605,971 13,605,971 Investment income 436,400 436,400 78,308 (358,092) 402,400 402,400 119,528 (282,872) Other 34,000 34,000 18,000 (16,000) - - - Total revenues 29,890,400 29,890,400 40,686,221 10,795,821 82,402,400 100,402,400 136,764,193 36,361,793 Expenditures Current: General govemment - - - - 12,000 12,000 12,000 Bicycle and pedestrian facilNes - - - - 900,000 3,388,800 3,388,814 (14) CETAP 8,311,200 8,311,200 2,016,814 6,294,386 Commuter assistance - - Commuter rail - - - - - - - Highways - - - - - - - Local streets and roads - - - - - - - Planning and programming 615,000 856,000 856,000 Regional arterials 32,581,100 32,622,400 29,722,972 2,899,428 - - - Transitandspecial¢ed transportation - - - - 44,300,000 43,773,200 30,144,104 13,629,096 Total programs 40,892,300 40,933,600 31,739,786 9,193,814 45,827,000 48,030,000 34,400,918 13,629,082 Capital outlay Total expenditures 40,892,300 40,933,800 31,739,786 9,193,814 45,827,000 48,030,000 34,400,918 13,629,082 Excess (deficiency) of revenues over (under) expenditures (11,001,900) (11,043,200) 8,946,435 79,989,635 36,575,400 52,372,400 102,363,275 49,990,875 Other financing sources (uses) Debt issuance - - - Transfers in 300,000 300,000 104,776 (195,224) Transfers out (14,826,500) (5,319,700) (3,523,099) 1,796,601 (16,426,600) (18,011,700) (14,925,156) 3,086,544 Total other financing sources (uses) (14,528,500) (5,019,700) (3,418,323) 1,601,377 (16,426,600) (18,011,700) (14,925,156) 3,086,544 Net change in fund balances Fund balances at beginning of year Fund balances at end of year See notes to required supplementary information $ (25,528,400) $ (16,062,900) 5,528,112 $ 21,591,012 $ 20,148,800 $ 34,360,700 87,438,119 $ 53,077,419 117,537,108 97,108,303 $ 123,065,220 $ 184,546,422 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual - Major Special Revenue Funds, Continued Year Ended June 30, 2021 State Transit Assistance SB 132 Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Sales taxes $ 24,704,700 $ 24,704,700 $ 19,494,903 $ (5,209,797) 5 - $ - $ - $ Transportation Uniform Mitigation Fee - Intergovernmental - - - - 83,626,400 83,626,400 72,455,269 (11,171,131) Investment income 428,900 428,900 112,456 (316,444) - 36,446 36,446 Other - - - - - Total revenues 25,133,600 25,133,600 19,607,359 (5,526,241) 83,626,400 83,626,400 72,491,715 (11,134,685) Expenditures Current: General govemment Bicycle and pedestrian faciltes CETAP Commuter assistance Commuter rail Highways - - - - 85,626,300 85,983,100 74,683,575 11,319,525 Local streets and roads - - - - Planning and programming - - - - - - - Regional arterials - - - - - - - Transitandspecial¢edtransponation 35,441,700 35,441,700 10,065,565 25,376,135 Total programs 35,441,700 35,441,700 10,065,565 25,376,135 85,626,300 85,983,100 74,663,575 11,319,525 Capital outlay Total expenditures 35,441,700 35,441,700 10,065,565 25,376,135 85,626,300 85,983,100 74,663,575 11,319,525 Excess (deficiency) of revenues over (under) expenditures (10,308,100) (10,308,100) 9,541,794 19,849,894 (1,999,900) (2,356,700) (2,171,860) 184,840 Other financing sources (uses) Debt issuance - - - - Transfers in 2,000,000 2,000,000 2,000,000 Transfers out (787,300) (814,400) (672,000) 142,400 - - - Total other financing sources (uses) (787,300) (814,400) (672,000) 142,400 2,000,000 2,000,000 2,000,000 Net change in fund balances Fund balances at beginning of year Fund balances at end of year See notes to required supplementary information $ (11,095,400) $ (11,122,500) 8,869,794 $ 19,992,294 $ 100 $ (356,700) (171,860) $ 184,840 119,712,384 28,746 5 128,582,178 $ (143,114) Riverside County Transportation Commission Schedule of Proportionate Share of Net Pension Liability Last Ten Fiscal Years' June 30, 2021 Fiscal Year 2021 2020 2019 2018 2017 2016 2015' Measurement Date 2020 2019 2018 2017 2016 2015 2014 Proportion of the net pension liability/(asset) 0.00482% 0.08706% 0.08656% 0.08794% 0.08829% 0.09176% 0.08559% Proportionate share of the net pension liability/(asset) $ 524,003 $ 8,921,123 $ 8,340,905 $ 8,721,456 $ 7,639,639 $ 6,298,052 $ 5,325,565 Covered payroll (measurement year) $ 6,327,777 $ 5,870,876 $ 5,653,205 $ 5,536,781 $ 5,287,151 $ 4,792,270 $ 4,316,567 Proportionate share of the net pension liability/(asset) as percentage of covered payroll 8.28% 151.96% 147.54% 157.52% 144.49% 131.42% 123.38% Plan fiduciary net position as a percentage of the total pension liability 75.10% 75.26% 75.26% 73.31% 74.06% 78.40% 78.21% See notes to required supplementary information 1 Fiscal year 2015 was the first year of implementation, therefore, only seven years are shown. Represents most recent data available. 127 Riverside County Transportation Commission Schedule of Pension Contributions Last Ten Fiscal Years' June 30, 2021 Contractually required contribution (actuarially determined) Contributions in relation to the actuarially determined contributions Contribution deficiency (excess) Covered payroll Contributions as a percentage of covered payroll Valuation date Actuarial cost method Amortizations method Remaining amortization period Asset valuation method Inflation Projected salary increases Discount rate Retirement age Mortality See notes to required supplementary information 2021 2020 Fiscal Year 2019 2018 2017 2016 2015 $ 1,525,557 $ 1,675,734 $ 1,507,484 $ 1,321,564 $ 1,222,802 $ 1,101,641 $ 1,044,018 (925,486) (10,221,550) (1,443,593) (1,308,877) (1,238,891) (1,132,393) (1,125,317) $ 600,071 $ (8,545,816) $ 63,891 $ 12,687 $ (16,089) $ (30,752) $ (81,299) $ 7,470,675 $ 6,327,777 $ 5,870,876 $ 5,653,205 $ 5,536,781 $ 5,287,151 $ 4,792,270 12.39% 161.53% 24.59% 23.15% 22.38% 21.42% 23.48% 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 6/30/2013 6/30/2012 Entry age normal cost method Level of percentage of payroll 20 years as of valuation date 15 year smoothed market 2.50% Varies by entry age and service 7.15% (net of administrative expenses) 55 years Society of Actuaries Scale 90% of scale MP 2016 1 Fiscal year 2015 was the first year of implementation, therefore, only seven years are shown. Represents most recent data available. 1248 Riverside County Transportation Commission Schedule of Changes in the Net OPEB Liability (Asset) and Related Ratios Last Ten Fiscal Years' June 30, 2021 Fiscal Year 2021 2020 2019 2018 2017' Measurement date 2020 2019 2018 2017 2016 Total OPEB liability (asset) Service cost $ 408,900 $ 477,000 $ 463,000 $ 449,000 $ 437,000 Interest 470,500 462,000 416,000 377,000 338,000 Changes of benefit terms 80,000 74,000 Differences between expected and actual experience (338,000) Changes ot assumptions (148,300) 137,000 Benefit payments (282,700) (229,000) (192,000) (172,000) (155,000) Net change in total OPEB liability (asset) 448,400 589,000 761,000 654,000 620,000 Beginning total OPEB liability (asset) 7,915,000 7,326,000 6,565,000 5,911,000 5,291,000 Ending total OPEB liability (asset) $ 8,363,400 $ 7,915,000 $ 7,326,000 $ 6,565,000 $ 5,911,000 Plan fiduciary net position Employer contributions Net invesment income Benefit payments Administrative expense Net change in plan fiduciary net position Beginning fiduciary net position Ending fiduciary net position Ending net OPEB liability (asset) Plan fiduciary net position as a percentage of the total OPEB liability (asset) Covered payroll (measurement year) Net OPEB liability (asset) as a percentage of covered payroll See notes to required supplementary information $ 448,000 $ 778,000 $ 725,000 $ 666,000 $ 634,000 452,700 577,000 522,000 597,000 86,000 (282,700) (229,000) (192,000) (172,000) (155,000) (5,400) (2,000) (12,000) (3,000) (2,000) 612,600 1,124,000 1,043,000 1,088,000 563,000 8,490,000 7,366,000 6,323,000 5,235,000 4,672,000 $ 9,102,600 $ 8,490,000 $ 7,366,000 $ 6,323,000 $ 5,235,000 $ (739,200) $ (575,000) $ (40,000) $ 242,000 $ 676,000 108.84% 107.26% 100.55% 96.31% 88.56% $ 6,327,777 $ 5,870,876 $ 5,653,205 $ 5,536,781 $ 5,287,151 -11.68% -9.79% -0.71% 4.37% 12.79% 1 Fiscal year 2017 was the first year of implementation, therefore, only five years are shown. Represents most recent data available. 129 Riverside County Transportation Commission Schedule of OPEB Contributions Last Ten Fiscal Years' June 30, 2021 Fiscal Year 2021 2020 2019 2018 2017' Actuarially determined contribution Contributions in relation to the actuarially determined contribution Contribution deficiency (excess) Covered payroll Contributions as a percentage of covered -employee payroll 412,000 $ 399,000 $ 549,000 $ 533,000 $ 494,000 728,300 448,000 778,000 725,000 666,000 $ (316,300) $ (49,000) $ (229,000) $ (192,000) $ (172,000) $ 7,470,675 $ 6,327,777 $ 5,870,876 $ 5,653,205 $ 5,536,781 9.75% 7.08% 13.25% 12.82% 12.03% Valuation date: Actuarially determined contribution rates are calculated as of June 30, three years prior to the end of the fiscal year in which contributions are reported. Methods and assumptions used to determine contribution rates: Actuarial cost method Entry age normal - level percentage of payroll Amortization method Level percentage of payroll Amortization period Ten years Asset valuation method Investment gains and losses spread over five-year rolling period Inflation 275% Healthcare cost trend rates Non -Medicare: 7.25% for 2021, decreasing to an ultimate rate of 4.0% in 2076 and later years Medicare: 6.3% for 2021, decreasing to an ultimate rate of 40% in 2076 and later years Salary increases 3.00% aggregate Investment rate of return 5.75% Retirement age Classic employees: 50 - 55 Public Employees' Pension Reform Act: 52 - 62 Mortality Mortality projected fully generational with Scale MP -2018 See notes to required supplementary information 1 Fiscal year 2017 was the first year of implementation, therefore, only five years are shown. Represents most recent data available. 10 Riverside County Transportation Commission Notes to Required Supplementary Information June 30, 2021 Budgetary Data In February of each year, department heads begin the process of compiling budget data for the upcoming fiscal year. Budget numbers along with supporting documentation are provided to the Chief Financial Officer by March 15. That budget data is compiled and presented to the Executive Director for review and approval and is submitted to the Budget and Implementation Committee at its April meeting. After review by the Budget and Implementation Committee, the proposed budget is scheduled for preliminary review and comment as well as public hearing at the Commission's May meeting. The final budget for the new fiscal year is then adopted by motion of the Board of Commissioners (Board) no later than June 15 of the current year. This appropriated budget covers substantially all Commission expenditures by financial responsibility unit [e.g., General fund and Measure A (for each of the three county areas), Local Transportation Fund, and Transportation Uniform Mitigation Fee special revenue funds] by fund. All appropriated amounts are as originally adopted or as amended by the Commission. Unexpended appropriations lapse at year-end. All budgets are adopted on a basis consistent with generally accepted accounting principles. As adopted by the Board, expenditure activities of the funds with adopted budgets are controlled at the budgetary unit, which is the financial responsibility level, for each function (i.e., administration, programs, intergovernmental distributions, and capital outlay). These functions provide the legal level of budgetary control (i.e., the level at which expenditures cannot legally exceed the appropriated amount). Management has the discretion to transfer the budgeted amounts within the financial responsibility unit according to function. Supplemental budget appropriations were necessary during the year. Pension Plan Schedule of Proportionate Share of Net Pension Liability — The schedule provides the proportion (percentage) of the collective net pension liability, proportionate share (amount) of the collective net pension liability, the Commission's covered payroll, proportionate share (amount) of the collective net pension liability as a percentage of Commission's covered payroll, and the pension plan's fiduciary net position as a percentage of the total pension liability. Schedule of Pension Contributions — The schedule provides the Commission's actuarially determined contributions to the pension plan, the Commission's actual contributions, the difference between the actual and actuarially determined contributions, and a ratio of the actual contributions divided by covered payroll. Postemployment Benefits Other Than Pensions Schedule of Changes in the Net OPEB Liability (Asset) and Related Ratios — The schedule provides the schedule of changes in the net OPEB liability (asset), the plan fiduciary net position as a percentage of the total OPEB liability (asset), the Commission's covered payroll, and the net OPEB liability(asset) as a percentage of covered payroll. Schedule of OPEB Contributions — The schedule provides the Commission's actuarially determined contributions to the OPEB plan, the Commission's actual contributions, the difference between the actual and actuarially determined contributions, and a ratio of the actual contributions divided by covered payroll. 1.1 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Other Supplementary Information RIVERSIDE COUNTY TRANSPORTATION COMMISSION Riverside County Transportation Commission Nonmajor Governmental Funds Description Special Revenue Funds Measure A Palo Verde Valley: This fund is used to account for the revenues from sales taxes which are restricted to expenditures for Palo Verde Valley programs and activities. Freeway Service Patrol: This fund is used to record the revenues received from state funds for the purpose of implementing a freeway service patrol for motorists. Service Authority for Freeway Emergencies: This fund is used to record the revenues received from Department of Motor Vehicle user registration fees for the purpose of implementing an emergency call box system for motorists. State of Good Repair: This fund is used to account for revenues from sales taxes on gasoline and vehicle fee revenues restricted for transit projects. Coachella Valley Rail: This fund is used to account for revenues from state funds for the planning and development of the new Coachella Valley/San Gorgonio Pass corridor rail service. Other Agency Projects: This fund is used to account for revenues from the Riverside County Regional Park and Open Space District for the interagency cooperative planning and development of projects in the County. Regional Conservation: This fund is used to account for revenues related to management and oversight services provided to the RCA. 15 Riverside County Transportation Commission Combining Balance Sheet - Nonmajor Governmental Funds June 30, 2021 Special Revenue Assets Cash and investments Receivables: Accounts Interest Prepaid expenditures and other assets Total assets Liabilities and fund balances Liabilities: Accounts payable Due to other funds Other liabilities Total liabilities Fund balances: Nonspendable-prepaid amounts Restricted for: Commuter rail Local streets and roads Motorist assistance Planning and programming Regional conservation Transit and specialized transportation Total fund balances Total liabilities and fund balances Measure A Palo Verde Valley Freeway Service Patrol Service Authority for Freeway Emergencies State of Good Repair $ 87,233 $ 4,009,934 $ 5,544,665 $ 10,923,072 219,421 2,250,008 2,535 514,047 3,547 199 688,144 7,167 $ 306,654 $ 6,262,477 $ 6,062,458 $ 11,618,383 $ 294,537 $ 12,100 367,396 $ 57,141 $ 241,459 48,465 7,055 13,200 306,637 415,861 64,196 254,659 17 5,846,616 199 5,998,063 906,330 10,457,394 17 5,846,616 5,998,262 11,363,724 $ 306,654 $ 6,262,477 $ 6,062,458 $ 11,618,383 79 136 Riverside County Transportation Commission Combining Balance Sheet - Nonmajor Governmental Funds, Continued June 30, 2021 Special Revenue Total Coachella Nonmajor Valley Other Regional Governmental Rail Agency Projects Conservation Funds Assets Cash and investments $ 2,779,412 $ 459,941 $ $ 23,804,257 Receivables: Accounts 89,691 395,000 823,029 4,979,340 Interest 1,989 354 129 15,721 Prepaid expenditures and other assets - 199 Total assets $ 2,871,092 $ 855,295 $ 823,158 $ 28,799,517 Liabilities and fund balances Liabilities: Accounts payable $ 215,802 $ 43,703 $ 79,547 $ 1,299,585 Due to other funds 17,775 1,987 743,406 843,988 Other liabilities 787,194 787,194 Total liabilities 233,577 832,884 822,953 2,930,767 Fund balances: Nonspendable-prepaid amounts 199 Restricted for: Commuter rail 2,637,515 3,543,845 Local streets and roads 17 Motorist assistance 11,844,679 Planning and programming 22,411 - 22,411 Regional conservation 205 205 Transit and specialized transportation - 10,457,394 Total fund balances 2,637,515 22,411 205 25,868,750 Total liabilities and fund balances $ 2,871,092 $ 855,295 $ 823,158 $ 28,799,517 80 137 Riverside County Transportation Commission Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds Year Ended June 30, 2021 Special Revenue Service Measure A Freeway Authority State of Palo Verde Service for Freeway Good Valley Patrol Emergencies Repair Revenues Sales taxes $ 1,063,730 $ S $ 4,082,032 Intergovernmental - 3,006,182 2,314,394 - Investment income 16 365 3,147 7,400 Other 98,174 - - Total revenues 1,063,746 3,104,721 2,317,541 4,089,432 Expenditures Current: Commuter rail Local streets and roads 1,064,140 Motorist assistance 4,094,975 391,207 Planning and programming Regional arterials Regional conservation Transit and specialized transportation 988,451 Total expenditures 1,064,140 4,094,975 391,207 988,451 Excess (deficiency) of revenues over (under) expenditures (394) (990,254) 1,926,334 3,100,981 Other financing sources (uses): Transfers in 1,965,900 Transfers out - (1,965,900) (825,203) Total other financing sources (uses) 1,965,900 (1,965,900) (825,203) Net change in fund balances (394) 975,646 (39,566) 2,275,778 Fund balances at beginning of year 411 4,870,970 6,037,828 9,087,946 Fund balances at end of year $ 17 $ 5,846,616 $ 5,998,262 $ 11,363,724 81 138 Riverside County Transportation Commission Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds, Continued Year Ended June 30, 2021 Special Revenue Total Coachella Other Nonmajor Valley Agency Regional Governmental Rail Projects Conservation Funds Revenues Sales taxes Intergovernmental Investment income Other Total revenues Expenditures Current: Commuter rail Local streets and roads Motorist assistance Planning and programming $ 89,691 2,390 - $ - $ 5,145,762 404,024 1,721,498 7,535,789 677 205 14,200 98,174 92,081 404,701 1,721,703 12,793,925 1,028,692 403,151 1,028,692 1,064,140 4,486,182 403,151 Regional arterials Regional conservation 1,721,498 1,721,498 Transit and specialized transportation - 988,451 Total expenditures 1,028,692 403,151 1,721,498 9,692,114 Excess (deficiency) of revenues over (under) expenditures (936,611) 1,550 205 3,101,811 Other financing sources (uses): Transfers in 672,000 2,637,900 Transfers out - (2,791,103) Total other financing sources (uses) 672,000 (153,203) Net change in fund balances (264,611) 1,550 205 2,948,608 Fund balances at beginning of year 2,902,126 20,861 22,920,142 Fund balances at end of year $ 2,637,515 $ 22,411 $ 205 $ 25,868,750 82 139 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual—Nonmajor Special Revenue Funds Year Ended June 30, 2021 Measure A Palo Verde Valley Freeway Service Patrol Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Sales taxes $ 696,000 $ 848,000 $ 1,063,730 $ 215,730 $ - $ - $ - $ - Intergovernmental - - - 3,500,000 3,500,000 3,006,182 (493,818) Investment income 16 16 26,000 26,000 365 (25,635) Other 413,000 413,000 98,174 (314,826) Total revenues 696,000 848,000 1,063,746 215,746 3,939,000 3,939,000 3,104,721 (834,279) Expenditures Current: Commuter rail Local streets and roads 615,700 1,064,100 1,064,140 (40) - - - - Motorist assistance - - - 5,711,800 5,714,000 4,094,975 1,619,025 Planning and programming Regional conservation Transit and specialized transportation Total expenditures 615,700 1,064,100 1,064,140 (40) 5,711,800 5,714,000 4,094,975 1,619,025 Excess (deficiency) of revenues over (under) expenditures 80,300 (216,100) (394) 215,706 (1,772,800) (1,775,000) (990,254) 784,746 Other financing sources (uses) Transfers in 1,965,900 1,965,900 1,965,900 Transfers out (80,300) (42,900) 42,900 (216,300) (216,300) - 216,300 Total other financing sources (uses) (80,300) (42,900) 42,900 1,749,600 1,749,600 1,965,900 216,300 Net change in fund balances $ - $ (259,000) (394) $ 258,606 $ (23,200) $ (25,400) 975,646 $ 1,001,046 Fund balances at beginning of year 411 4,870,970 Fund balances at end of year $ 17 $ 5,846,616 83 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual—Nonmajor Special Revenue Funds, Continued Year Ended June 30, 2021 Revenues Sales taxes Intergovernmental Investment income Other Total revenues Expenditures Current: Commuter rail Local streets and roads Motorist assistance Planning and programming Regional conservation Transit and specialized transportation Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances at beginning of year Fund balances at end of year Service Authority for Freeway Emergencies Original Budget Final Budget Variance with Final Budget Positive Actual (Negative) $ - $ 2,222,300 24,200 - $ - $ 2,222,300 2,314,394 24,200 3,147 92,094 (21,053) 26,400 26,400 7,400 (19,000) State of Good Repair Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) $ 3,952,200 $ 4,211,000 $ 4,082,032 $ (128,968) 2,246,500 2,246,500 2,317,541 71,041 639,900 647,800 391,207 256,593 3,978,600 4,237,400 4,089,432 (147,968) 5,512,300 5,512,300 988,451 4,523,849 639,900 647,800 391,207 256,593 5,512,300 5,512,300 988,451 4,523,849 1,606,600 1,598,700 1,926,334 327,634 (1,533,700) (1,274,900) 3,100,981 4,375,881 (2,399,700) (2,399,700) (1,965,900) 433,800 (1,783,300) (1,756,200) (825,203) 930,997 (2,399,700) (2,399,700) (1,965,900) 433,800 (1,783,300) (1,756,200) (825,203) 930,997 $ (793,100) $ (801,000) (39,566) $ 761,434 $ (3,317,000) $ (3,031,100) 2,275,778 $ 5,306,878 6,037,828 9,087,946 $ 5,998,262 $ 11,363,724 84 141 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual—Nonmajor Special Revenue Funds, Continued Year Ended June 30, 2021 Coachella Valley Rail Other Agency Projects Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Sales taxes $ - $ - $ - $ $ - $ - $ - $ Intergovernmental 6,142,500 200,000 89;691 (110,309) 1,250,700 1,250,700 404,024 (846,676) Investment income - 2,390 2,390 100 100 677 577 Other - - - - Total revenues 6,142,500 200,000 92,081 (107,919) 1,250,800 1,250,800 404,701 (846,099) Expenditures Current: Commuter rail 9,073,200 4,115,000 1,028,692 3,086,308 - - Local streets and roads - - - - Motorist assistance - - - - Planning and programming 1,250,700 1,455,700 403,151 1,052,549 Regional conservation Transit and specialized transportation Total expenditures 9,073,200 4,115,000 1,028,692 3,086,308 1,250,700 1,455,700 403,151 1,052,549 Excess (deficiency) of revenues over (under) expenditures (2,930,700) (3,915,000) (936,611) 2,978,389 100 (204,900) 1,550 206,450 Other financing sources (uses) Transfers in 990,200 990,200 672,000 (318,200) Transfers out (670,000) (670,000) 670,000 Total other financing sources (uses) 320,200 320,200 672,000 351,800 Net change in fund balances Fund balances at beginning of year Fund balances at end of year $ (2,610,500) $ (3,594,800) (264,611) $ 3,330,189 $ 100 $ (204,900) 1,550 $ 2,902,126 20,861 $ 2,637,515 $ 22,411 85 206,450 142 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual—Nonmajor Special Revenue Funds, Continued Year Ended June 30, 2021 Regional Conservation Revenues Sales taxes Intergovernmental Investment income Other Total revenues Expenditures Current: Commuter rail Local streets and roads Motorist assistance Planning and programming Regional conservation Transit and specialized transportation Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances at beginning of year Fund balances at end of year $ 205 Original Final Budget Budget Actual Variance with Final Budget Positive (Negative) -$ -$ 1,950,000 1,721,498 205 (228,502) 205 1,950,000 1,850,000 1,721,703 (228,297) 1,721,498 128,502 1,850,000 1,721,498 128,502 100,000 205 (99,795) (364,200) - 364,200 (364,200) 364,200 - $ (264,200) 205 $ 264,405 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual —Capital Projects Funds Year Ended June 30, 2021 Capital Projects Funds Commercial Paper Bonds Variance with Variance with Final Budget Final Budget Original Final Positive Original Final Positive Budget Budget Actual (Negative) Budget Budget Actual (Negative) Revenues Intergovernmental $ - $ - $ - $ - $ - $ - $ - $ - Investment income 103,700 103,700 1,127,140 1,023,440 238,000 238,000 302,875 54,875 Total revenues 103,700 103,700 1,127,140. 1,023,440 238,000 238,000 302,875 64,875 Expenditures Debt service: Principal - - - - - Interest - - - 225,946 (225,946) Total expenditures - - 225,946 (225,946) Excess (deficiency) of revenues over (under) expenditures 103,700 103,700 1,127,140 1,023,440 238,000 238,000 76,929 (161,071) Other financing sources (uses) Transfers in - - - - - 437,750 437,750 Transfers out - (2,626,800) (2,626,795) 5 (24,271,500) (31,786,900) (31,786,852) 48 Total other financing sources (uses) - (2,626,800) (2,626,795) 5 (24,271,500) (31,786,900) (31,349,102) 437,798 Net change in fund balances Fund balances at beginning of year Fund balances at end of year $ 103,700 $ (2,523,100) (1,499,655) $ 18,123,165 $ 16,623,510 1,023,445 $ (24,033,500) $ (31,548,900) (31,272,173) $ 276,727 70,028,781 $ 38,756,608 Riverside County Transportation Commission Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual —Debt Service Fund Year Ended June 30, 2021 Debt Service Fund Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) Revenues Intergovernmental $ 2,812,100 $ 2,812,100 $ 2,818,319 $ 6,219 Investment income 78,500 78,500 3,118 (75,382) Total revenues 2,890,600 2,890,600 2,821,437 (69,163) Expenditures Debt service: Principal 28,495,000 28,495,000 28,495,000 Interest 41,024,000 41,024,000 41,024,038 (38) Total expenditures 69,519,000 69,519,000 69,519,038 (38) Excess (deficiency) of revenues over (under) expenditures (66,628,400) (66,628,400) (66,697,601) (69,201) Other financing sources (uses) Transfers in 69,519,000 69,519,000 69,525,309 6,309 Transfers out (2,812,100) (2,950,100) (2,950,032) 68 Total other financing sources (uses) 66,706,900 66,568,900 66,575,277 6,377 Net change in fund balances $ 78,500 $ (59,500) (122,324) $ (62,824) Fund balances at beginning of year 11,652,316 Fund balances at end of year $ 11,529,992 88 145 Riverside County Transportation Commission Schedule of Expenditures for Local Streets and Roads by Geographic Area - All Special Revenue Funds Year Ended June 30, 2021 Western County: City of Banning $ 775,859 City of Beaumont 1,317,493 City of Calimesa 238,612 City of Canyon Lake 249,782 City of Corona 5,438,977 City of Eastvale 1,828,741 City of Hemet 2,336,742 City of Jurupa Valley 2,878,604 City of Lake Elsinore 1,780,250 City of Menifee 2,422,869 City of Moreno Valley 5,310,787 City of Murrieta 3,241,369 City of Norco 903,463 City of Perris 2,718,981 City of Riverside 9,757,987 City of San Jacinto 1,220,369 City of Temecula 3,969,257 City of Wildomar 873,126 Riverside County 7,390,110 Other 152,700 54,806,078 Coachella Valley: City of Cathedral City 1,867,320 City of Coachella 766,227 City of Desert Hot Springs 630,472 City of Indian Wells 328,146 City of Indio 2,492,487 City of La Quinta 1,917,446 City of Palm Desert 3,505,628 City of Palm Springs 3,101,321 City of Rancho Mirage 1,221,611 Riverside County 2,229,376 Other 152,700 18,212,734 Palo Verde Valley: City of Blythe 817,879 Riverside County 214,161 Other 32,100 1,064,140 Total local streets and roads expenditures $ 74,082,952 89 146 Riverside County Transportation Commission Schedule of Expenditures for Transit and Specialized Transportation by Geographic Area and Source - All Special Revenue Funds Year Ended June 30, 2021 Sales Taxes Measure A Local State State Transportation Transit of Good Fund Assistance Repair Total Western County: Blindness Support Services, Inc. $ 75,000 $ $ - $ $ 75,000 Boys and Girls Club of Menifee Valley 27,624 27,624 Boys and Girls Club of Southwest County (30,000) (30,000) Care -A -Van 262,313 262,313 Care Connexxus 150,000 150,000 City of Banning - 2,367,277 134,213 120,047 2,621,537 City of Beaumont 2,433,985 897,952 3,331,937 City of Corona - 200,000 15,170 215,170 City of Norco 67,731 67,731 City of Riverside 16,000 161,476 177,476 Community Connect 139,794 139,794 Exceed 62,009 62,009 Friends of Moreno Valley Center, Inc 58,003 58,003 Forest Folk 64,276 64,276 Independent Living Partnership 394,020 394,020 Michelle's Place 4,241 4,241 Operation Safehouse 37,701 37,701 Riverside University Health Systems 219,317 219,317 Riverside County Department of Mental Health 306,864 306,864 Riverside Transit Agency 175,000 12,135,671 593,405 723,002 13,627,078 United States Veterans Initiative 41,569 41,569 Voices for Children 121,486 121,486 Other 299,874 120,400 160,230 33,600 614,104 Coachella Valley: SunLine Transit Agency Palo Verde Valley: Palo Verde Valley Transit Agency 2,476,822 17,273,333 1,962,446 876,649 22,589,250 6,081,183 12,108,587 7,880,731 47,170 26,117,671 6,081,183 12,108,587 7,880,731 47,170 26,117,671 762,184 222,388 64,632 1,049,204 762,184 222,388 64,632 1,049,204 Total transit and specialized transportation expenditures $ 8,558,005 $ 30,144,104 $ 10,065,565 $ 988,451 $ 49,756,125 90 147 Riverside County Transportation Commission Schedule of Uses of Debt Proceeds and Fund Balances Year Ended June 30, 2021 Capital Projects Revenues Investment income Total revenues Expenditures Debt service Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources (uses) Transfers in Accumulated interest payable related to advance to establish TIFIA debt service reserve Transfers out Debt service offset 1-15 Express Lanes ramp up reserve Accumulated interest earned on TIFIA debt service reserve Requisitions to reimburse Commission funds Salaries and benefits Professional services Support services Program operations Construction Right of way Design -build Building improvements Total other financing sources (uses) Net change in fund balance Fund balances at beginning of year Fund balances at end of year Commercial Paper Notes 1-15 Express Lanes, advance agreements, and other $ 1,127,140 Sales Tax Revenue Bonds I.15 Express Lanes, 91 Project, advance agreements, and other Total 302,875 $ 1,430,015 302,875 1,127,140 1,430,015 225,946 225,946 225,946 225,946 1,127,140 (2,626,795) 76,929 437,750 (396,183) (16,500,946) (15,988) (702,011) (354,141) (480,257) (664,019) (4,736,257) (52,987) (7,762,375) (121,688) 1,204,069 437,750 (3,022,978) (16,500,946) (15,988) (702,011) (354,141) (480,257) (664,019) (4,736,257) (52,987) (7,762,375) (121,688) (2,626,795) (31,349,102) (33,975,897) (1,499,655) 18,123,165 (31,272,173) 70,028,781 88,151,946 38,756,608 $ 55,380,118 (32,771,828) $ 16,623,510 148 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Statistical Section BLANK - BACK OF STATISTICAL DIVIDER 151 Riverside County Transportation Commission Statistical Section Overview This part of the Riverside County Transportation Commission's comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the Commission's overall financial health. Financial Trends: These schedules contain trend information to help the reader understand how the government's financial performance and well-being have changed over time. The schedules include: Net Position By Component Changes in Net Position Fund Balances of Governmental Funds Changes in Fund Balances of Governmental Funds Revenue Capacity: These schedules contain information to help the reader assess the government's most significant local revenue source, the Measure A sales tax. These schedules include: Sources of County of Riverside Taxable Sales by Business Type Direct and Overlapping Sales Tax Rates Principal Taxable Sales Generation by City Measure A Sales Tax Revenues by Program and Geographic Area Measure A Sales Tax by Economic Category Debt Capacity: These schedules present information to help the reader assess the affordability of the government's current levels of outstanding debt and the government's ability to issue additional debt in the future. These schedules include: Pledged Revenue Coverage Ratios of Outstanding Debt by Type Computation of Legal Debt Margin Demographic and Economic Information: These schedules offer demographic and economic indicators to help the reader understand the environment within which the government's financial activities take place. These schedules include: Demographic and Economic Statistics for the County of Riverside Employment Statistics by Industry for the County of Riverside Operating Information: These schedules contain service and infrastructure data to help the reader understand how the information in the government's financial report relates to the services the government provides and the activities it performs. These schedules include: Full-time Equivalent Employees by Function/Program Operating Indicators Capital Asset Statistics by Program 1%22 Riverside County Transportation Commission Primary Government Net Position by Component Last Ten Fiscal Years (Accrual Basis) Fiscal Year 2021 2020 2019 2018 2017 Governmental activities: Net lnvestment in capital assets $ 353,189,808 $ 552,756,477 $ 706,935,587 $ 529,178,100 $ 377,309,766 Restricted 977,192,934 816,331,290 794,875,222 801,401,752 596,214,012 Unrestricted (deficit) (593,657,822) (652,278,554) (887,668,580) (857,485,575) (538,356,445) Total governmental activities net position $ 736,724,920 $ 716,809,213 6 $ 614,142,229 $ 473,094,277 $ 435,167,333 Business -type activities: Net Investment (deficit) in capital assets $ (109,184,608) $ (320,213,988) $ (299,852,425) $ (286,349,191) $ (301,737,495) Restricted 54,919,608 43,981,932 25,256,125 8,581,857 " 242,134,144 Unrestricted (deficit) - - 4 (234,075,489) Total business -type activities net position (deficit) $ (54,265,000) 5 $ (276,232,056) $ (274,596,300) $ (277,767,334) $ (293,678,840) 3 Source: Finance Department Net investment in capital assets increased in 2014 primarily as a result of construction related to the Perris Valley Line project. 2 In FY 2015, the Commission implemented GASB Statement No. 68, Accounting and Financial Reporting for Pensions, and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date - An Amendment of GASB Statement No. 68. Prior year amounts in this presentation have not been revised to reflect this change. In FY 2017, the Commission reached substantial completion on the 91 Project and in March 2017 the RCTC 91 Express Lanes opened to motorists. ° In FY 2018, the Commission changed its presentation of net position related to intangible assets. 5 In FY 2021, the Commission reached substantial completion on the 1-15 Express Lanes project and in April 2021 the 15 Express Lanes opened to motorists. Calculation of Net Investment in Capital Assets and Unrestricted (Deficit) was restated based on FY 2021 calculation; prior year amounts in this presentation have not been revised to reflect this change. Business -type Activities Net Position by Component $100,000,000 $50,000,000 $- $(50,000,000) $(100,000,000) $(150,000,000) $(200,000,000) $(250,000,000) $(300,000,000) $(350,000,000) - 2019 2017 o Restricted • Net Investment (deficit) in capital assets 93 153 Riverside County Transportation Commission Primary Government Net Position by Component, Continued Last Ten Fiscal Years (Accrual Basis) Fiscal Year 2016 2015 2014 2013 2012 Governmental activities: Net Investment in capital assets $ 389,646,370 $ 509,106,481 Restricted 615,457,192 578,207,942 Unrestricted (deficit) (668,395,594) (623,769,876) Total governmental activities net position $ 336,707,968 $ 463,544,547 $2,000,000,000 $1,500,000,000 $1,000,000,000 $500,000,000 $- $(500,000,000) $(1,000,000,000) $(1,500,000,000) Governmental Activities Net Position by Component 2 381,796,683 1 $ 642,385,244 (470,327,554) 553,854,373 $ 739,761,035 $ 683,532,081 336,834,025 $ 619,089,707 (216,162,697) 327,277,502 572,183,941 (215,929,362) Mr Iib2 e.` 01 01 21 sI 2014 2013 2012 ■ Unrestricted (deficit) 0 Restricted o Net Investment in capital assets 94 154 Riverside County Transportation Commission Changes in Primary Government Net Position Last Ten Fiscal Years (Accrual Basis) Fiscal Year Ended June 30 2021 2020 2019 2018 2017 Expenses Govemmental activities: General government $ 1,127,083 $ (1,488,917) $ 1,295,384 $ 3,654,628 $ 7,258,051 Bicycle and pedestrian projects 3,388,814 1,367,800 2,319,895 1,142,306 1,314,932 CETAP 5,723,685 1,441,976 1,398,238 22,285,913 2,489,440 Commuter assistance 3,110,681 3,673,416 3,612,855 3,668,307 2,658,782 Commuter rail 37,367,041 50,573,511 48,553,459 36,578,920 38,964,217 Highways 122,407,790 134,815,656 91,086,623 79,234,802 264,283,974 Local streets and roads 74,082,952 59,474,660 61,470,359 53,639,698 51,864,011 Motorist assistance 4,498,883 4,818,036 4,403,671 3,835,612 4,164,892 Planning and programming 3,730,032 7,798,197 4,340,660 4,758,503 3,141,759 Regional arterials 30,985,584 11,918,666 17,048,413 12,897,557 19,040,012 Regional conservation 1,832,340 - - - - Transit and specialized transportation 50,535,684 99,413,296 117,766,548 90,185,227 80,724,591 Interest expense 35,080,824 34,633,146 33,663,673 46,421,211 49,214,579 Total governmental activities expenses 373,871,393 408,439,443 386,959,778 358,302,684 525,119,240 Business -type activities: RCTC 91 Express Lanes 56,311,332 59,962,158 55,039,168 49,452,297 13,260,254 15 Express Lanes 5,540,819 - - - - Total primary government expenses $ 435,723,544 $ 468,401,601 $ 441,998,946 $ 407,754,981 $ 538,379,494 Program Revenues Governmental activities: Charges for services Commuter assistance Commuter rail Highways Motorist assistance Other Operating grants and contributions Capital grants and contributions Total govemmental activities program revenues Business -type activities: Charges for services RCTC 91 Express Lanes 15 Express Lanes Operating grants and contributions Total business -type activities program revenues Total primary government revenues 249,825 81,503 8 154,817,759 71,536,414 - $ - $ - $ 251,084 155,587 254,627 250,416 95,002 132,681 51,629 - - 35,980 4,149 635,373 133 326 479 447 125,725,762 93,084,805 45,363,624 35,611,287 44,793,683 74,558,439 66,910,285 16,451,903 226,685,509 170,865,664 167,967,818 112,584,793 52,949,426 46,302,018 5,544,148 56,440,369 58,423,461 50,446,824 10,123,572 1,723 51,846,166 56,440,369 58,423,461 50,446,824 10,125,295 278,531,675 227,306,033 226,391,279 163,031,617 63,074,721 Net Revenues (Expenses) Governmental activities (147,185,884) (237,573,779) (218,991,960) (245,717,891) (472,169,814) Business -type activities (10,005,985) (3,521,789) 3,384,293 994,527 (3,134,959) Total primary govemment net expense $ (157,191,869) $ (241,095,568) $ (215,607,667) $ (244,723,364) $ (475,304,773) General Revenues and Other Changes in Net Position Governmental activities: Measure A sales taxes $ 242,943,840 $ 195,036,321 $ 201,204,995 $ 176,301,656 $ 175,320,207 Transportation Development Act sales taxes 146,615,629 128,080,154 131,021,230 110,878,557 94,639,514 Unrestricted investment eamings 2,326,345 14,537,908 21,130,957 8,916,321 4,262,323. Other miscellaneous revenue 5,765,473 574,705 3,261,873 2,497,942 5,859,819 Gain on sale of capital assets - 443,461 - - Transfers (230,548,696) 2,010,675 2,977,396 (14,949,641) 290,547,316 Total governmental activities 167,102,591 340,239,763 360,039,912 283,644,835 570,629,179 Business -type activities: Unrestricted investment eamings 324,156 3,896,708 2,764,137 (32,662) 3,435 Other miscellaneous revenue - - - - Gain on sale of capital assets 1,100,189 - - - - Transfers 230,548,696 (2,010,675) (2,977,396) 94,949,641 (290,547,316) Total business -type activities 231,973,041 1,886,033 (213,259) 14,916,979 (290,543,881) Total primary govemment $ 399,075,632 $ 342,125,796 $ 359,826,653 $ 298,561,814 $ 280,085,298 Changes in Net Position Governmental activities Business -type activities Total primary govemment Source: Finance Department $ 19,916,707 $ 102,665,984 $ 141,047,952 $ 37,926,944 221,967,056 (1,635,756) 3,171,034 15,911,506 $ 241,883,763 $ 101,030,228 $ 144,218,986 $ 53,838,450 98,459,365 (293,678,840) (195,219,475) 2 ' In FY 2021 the Commission reached substantial completion on the 15 Express Lanes project and in April 2021 the 15 Express Lanes opened to motorists. Additionally, the Commission became the managing agency for the Western Riverside County Regional Conservation Authority. 2 In FY 2017 the Commission reached substantial completion on the 91 Project and in March 2017 the RCTC 91 Express Lanes opened to motorists. Additionally, the Commission early implemented GASB Statement No. 75, Accounting and Financial Reporting for Post -Employment Benefits Other Than Pensions, and GASB Statement No. 85, Omnibus 2017. 95 155 Riverside County Transportation Commission Changes in Primary Government Net Position, Continued Last Ten Fiscal Years (Accrual Basis) Fiscal Year Ended June 30 2016 2015 2014 2013 2012 Expenses Govemmental activities: General government $ 6,614,285 $ 7,402,725 § 6,994,832 $ 6,959,827 $ 7,780,478 Bicycle and pedestrian projects 212,547 1,747,090 1,065,476 956,308 1,389,567 CETAP 1,871,426 4,130,374 2,195,074 954,700 4,464,387 Commuter assistance 2,615,610 2,914,990 3,171,842 2,904,048 3,193,172 Commuter rail 41,449,269 20,455,178 17,255,402 23,531,252 21,480,248 Highways 245,668,543 228,857,938 339,194,681 59,604,916 72,341,578 Local streets and roads 49,826,564 48,615,708 46,677,580 44,594,891 40,127,890 Motorist assistance 4,149,320 4,314,601 3,498,420 3,563,581 3,846,245 Planning and programming 3,965,071 3,064,115 3,216,441 3,725,703 3,924,413 Regional arterials 23,095,562 21,010,980 23,886,840 17,047,135 5,816,666 Regional conservatin - - - Transitandspecializedtransportation 70,611,967 86,712,958 78,723,898 55,659,188 51,221,772 Interest expense 53,558,472 50,037,270 52,939,762 15,364,677 15,221,031 Total governmental activities expenses 503,638,636 479,263,927 578,820,248 234,866,226 230,807,447 Business -type activities: RCTC 91 Express Lanes - - - - - 15 Express Lanes Total primary govemment expenses $ 503,638,636 $ 479,263,927 $ 578,820,248 $ 234,866,226 $ 230,807,447 Program Revenues Governmental activities: Charges for services Commuter assistance Commuter rail Highways Motorist assistance Other Operating grants and contributions Capital grants and contributions Total governmental activities program revenues Business -type activities: Charges for services RCTC 91 Express Lanes 15 Express Lanes Operating grants and contributions Capital grants and contributions Total business -type activities program revenues Total primary government revenues Net Revenues (Expenses) Governmental activities Business -type activities Total primary government net expense $ - $ - $ 1,500 $ 255,847 786,869. 297,911 107,194 145,735 90,655 412,535 796,385 - 1,076,751 21,307 15,026 13,915 - 421 450 999 14,873 42,568,860 57,784,238 61,767,456 46,567,900 54,641,955 54,062,314 70,133,121 71,744,926 4,897,301 5,228,621 97,964,193 128,816,640 134,238,853 52,399,068 60,016,311 97,964,193 128,816,640 134,238,853 52,399,068 60,016,311 (405,674,443) (350,447,287) (444,581,395) (182,467,158) (170,791,136) $ (405,674,443) $ (350,447,287) $ (444,581,395) $ (182,467,158) $ (170,791,136) General Revenues and Other Changes in Net Position Governmental activities: Measure A sales taxes $ 167,630,239 $ 163,092,776 $ 156,355,894 $ 149,428,124 $ 134,984,307 Transportation Development Act sales taxes 97,134,594 94,816,814 91,953,554 86,999,018 80,044,131 Unrestricted investment eamings 8,383,732 6,060,400 9,794,662 1,664,789 4,196,452 Other miscellaneous revenue 4,950,964 1,643,078 556,049 604,181 1,287,981 Gain on sale 01 capital assets 738,335 14,574 Transfers - Total governmental activities 278,837,864 265,613,068 258,674,733 238,696,112 220,512,871 Business -type activities: Unrestricted investment eamings - - - - - Othermiscellaneousrevenue - - - - - Gain on sale of capital assets - - - - - Transfers - - - - - Total business -type activities Total primary government $ 278,837,864 $ 265,613,068 $ 258,674,733 $ 238;696,112 $ 220,512,871 Changes in Net Position Governmental activities Business -type activities Total primary government $ (126,836,579) $ (84,834,219) $ (185,906,662) $ 56,228,954 $ 49,721,735 $ (126,836,579) $ (84,834,219) $ (185,906,662) $ 56,228,954 $ 49,721,735 Source: Finance Department 3 In FY 2015 the Commission implemented GASB Statement No. 68, Accounting and Financial Reporting for Pensions, and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date -An Amendment of GASB Statement No. 68. Prior year amounts in this presentation have not been revised to reflect this change. 4 In FY 2012 the Commission implemented GASB Statement No. 65, Items Previously Reported as Assets and Liabilities. 96 156 Riverside County Transportation Commission Changes in Primary Government Net Position (Continued) Last Ten Fiscal Years (Accrual Basis) Expenses by Function $598,500,000 $498,500,000 $398,500,000 - $298,500,000 $198,500,000 $98,500,000 - $(1,500,000) • 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 YToll operations • Interest expense ■ Transit and specialized transportation • Regional conservation a Regional arterials • Planning and programming A Motorist assistance • Local streets and roads ■ Highways ■ Commuter rail ▪ Commuter assistance 13 CETAP ■ Bicycle and pedestrian facilities MI General government 97 157 Riverside County Transportation Commission Changes in Primary Government Net Position (Continued) Last Ten Fiscal Years (Accrual Basis) Revenues by Source $700,000,000 $600,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $100,000,000 $- 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 i ■ Gain on sale of capital assets, net Li Other miscellaneous revenue • Unrestricted investment earnings ■ Transportation Development Act sales taxes Li Measure A sales taxes GI Capital grants and contributions ■ Operating grants and contributions oCharges for services 98 158 Riverside County Transportation Commission Fund Balances of Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis) Fiscal Year 2021 2020 2019 2018 2017 GENERAL FUND General fund: Nonspendable $ 164,621 $ 136,038 $ 345,881 $ 232,793 $ 232,759 Restricted 34,147,160 22,458,450 25,551,922 22,470,358 16,321,159 Assigned 3,606,250 3,267,803 3,226,466 3,337,343 2,572,182 Total general fund $ 37,918,031 $ 25,862,291 $ 29,124,269 $ 26,040,494 $ 19,126,100 ALL OTHER GOVERNMENTAL FUNDS All other governmental funds: Nonspendable $ 3,393,790 $ 3,033,953 $ 3,675,091 $ 4,627,240 $ 9,162,068 Restricted 927,622,993 781,460,503 758,687,069 745,638,560 678,147,954 Unassigned (143,114) (30,566) (1,272,356) (268,754) (23,054) Total all other governmental funds $ 930,873,669 $ 784,463,890 $ 761,089,804 $ 749,997,046 $ 687,286,968 Source: Finance Department 99 159 Riverside County Transportation Commission Fund Balances of Governmental Funds, Continued Last Ten Fiscal Years (Modified Accrual Basis) Fiscal Year 2016 2015 2014 2013 2012 GENERAL FUND General fund: Nonspendable $ 192,235 $ 255,446 $ 257,721 $ 194,794 $ 157,957 Restricted 7,143,844 5,680,411 5,073,685 7,412,686 8,114,440 Assigned 3,456,111 4,246,940 5,258,703 5,232,871 5,412,830 Total general fund $ 10,792,190 $ 10,182,797 $ 10,590,109 $ 12,840,351 $ 13,685,227 ALL OTHER GOVERNMENTAL FUNDS All other governmental funds: Nonspendable $ 10,848,614 $ 21,510,571 $ 31,978,235 $ 3,274,483 $ 1,481,019 Restricted 718,780,598 772,109,076 988,908,077 606,072,061 560,412,373 Unassigned Total all other govemmental funds $ 729,629,212 $ 793,619,647 $ 1,020,886,312 $ 609,346,544 $ 561,893,392 Source: Finance Department 100 160 Riverside County Transportation Commission Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis) Fiscal Year 2021 2020 2019 2018 2017 Revenues Sales taxes $ 389,559,469 $ 323,116,475 $ 332,226,225 $ 287,180,213 $ 269,959,721 Transportation Uniform Mitigation Fee 28,301,547 23,257,905 29,968,449 23,699,764 19,594,829 Intergovernmental 203,029,590 145,904,252 138,541,133 88,207,011 32,467,616 Investment income 2,387,089 14,594,910 21,311,968 9,149,672 4,483,174 Other 5,863,647 2,283,994 6,418,190 3,199,483 6,746,055 Total revenues 629,141,342 509,157,536 528,465,965 411,436,143 333,251,395 Expenditures Current: General Government 410,552 546,338 1,044,403 977,898 6,558,752 Programs: Bicycle and pedestrian facilities 3,388,814 1,367,800 2,319,895 1,142,306 1,314,932 CETAP 2,016,814 11,104,808 1,394,120 22,275,429 4,028,104 Commuter assistance 3,071,831 3,938,474 3,603,353 3,647,662 2,686,073 Commuter rail 29,379,805 41,069,694 40,805,316 37,700,157 32,820,139 Highways 197,817,830 285,955,203 203,662,390 187,087,621 250,383,800 Local streets and roads 74,082,952 59,475,694 61,470,359 53,639,698 51,864,011 Motorist assistance 4,486,182 4,934,056 4,398,842 3,825,722 4,177,349 Planning and programming 3,640,958 8,828,203 4,307,859 4,677,940 3,248,031 Regional arterials 30,972,795 12,059,400 17,042,375 12,888,439 19,056,339 Regional conservation 1,721,498 - Transit and specialized transportation 50,489,119 99,777,205 117,748,091 90,153,923 80,764,125 Debt service: Principal 28,505,099 27,253,683 25,977,461 62,140,974 27,317,242 Interest 41,255,647 42,511,371 43,595,769 50,606,912 44,684,153 Cost of Issuance - 2,256,061 654,007 Payment to escrow agent - 70,800,000 63,900,000 Capital outlay 4,750,342 3,536,042 5,663,109 2,606,851 5,670,356 Total expenditures 475,990,238 602,357,971 533,033,342 606,427,593 599,127,413 Excess (deficiency) of revenues over (under) expenditures 153,151,104 (93,200,435) (4,567,377) (194,991,450) (265,876,018) Other financing sources (uses): Refunding debt issuance - 457,015,000 Debt issuance 15,660,996 111,301,868 14,946,136 158,760,000 249,498,089 Discount on debt issuance - Premium on debt issuance - 119,713,807 8,414,007 Payment to refunded bond escrow agent 55,000 (471,089,840) Transfers in 116,427,274 119,642,321 116,363,248 300,623,670 182,713,859 Transfers out (126,773,855) (117,631,646) (112,620,474) (300,406,715) (208,758,271) Total other financing sources (uses) 5,314,415 113,312,543 18,743,910 264,615,922 231,867,684 Net change in fund balances $ 158,465,519 $ 20,112,108 $ 14,176,533 $ 69,624,472 $ (34,008,334) Debt service as a percentage of noncapital expenditures 17.7% 15.8% 16.7% 23.7% 2 12.2% Source: Finance Department Debt service as a percentage of noncapital expenditures in 2014 increased significantly as a result of the retirement of $60,000,000 of commercial paper, which is included in principal payments and interest payments and cost of issuance as a result of the issuance of $638,854,602 in debt. 2 Debt service as a percentage of noncapital expenditures in 2018 increased significantly as a result of the retirement of commercial paper and a current refunding of debt, which included a swap termination payment. 101 161 Riverside County Transportation Commission Changes in Fund Balances of Governmental Funds, Continued Last Ten Fiscal Years (Modified Accrual Basis) Fiscal Year 2016 2015 2014 2013 2012 Revenues Sales taxes $ 264,764,833 $ 257,909,590 $ 248,309,448 $ 236,427,142 $ 215,028,438 Transportation Uniform Mitigation Fee 19,831,327 17,400,782 11,284,394 12,421,110 8,116,420 Intergovernmental 76,821,362 110,515,661 122,486,605 38,817,347 51,516,775 Investment income 8,592,753 6,258,226 9,979,912 1,769,709 4,308,395 Other 7,295,648 2,542,359 1,282,520 1,540,542 1,430,195 Total revenues 377,305,923 394,626,618 393,342,879 290,975,850 280,400,223 Expenditures Current: General Government 6,514,255 7,302,325 6,991,303 6,692,187 7,586,207 Programs: Bicycle and pedestrian facilities 233,815 1,747,090 1,065,476 956,308 1,389,567 CETAP 5,249,516 4,135,996 6,509,915 954,700 4,464,387 Commuter assistance 2,648,632 2,891,431 3,136,150 2,868,356 3,157,480 Commuter rail 95,717,909 112,424,851 68,072,414 27,118,480 39,870,670 Highways 372,657,029 325,128,109 299,398,122 118,750,336 111,049,502 Local streets and roads 49,826,564 48,615,815 46,677,580 44,594,891 40,127,890 Motorist assistance 4,159,520 4,317,961 3,498,420 3,563,581 3,846,245 Planning and programming 4,090,731 3,099,358 3,204,073 3,712,596 3,913,520 Regional arterials 23,111,109 21,016,097 23,886,840 17,047,135 5,816,666 Regional conservation - - Transit and specialized transportation 70,652,804 86,725,394 78,723,898 55,659,188 51,221,772 Debt service: Principal 7,814,176 7,411,654 67,112,884 6,824,654 46,523,931 Interest 45,620,922 45,913,275 43,410,203 15,404,719 15,008,695 Cost of lssuance - - 7,050,855 Payment to escrow agent - Capital outlay 1,182,208 475,334 143,888 220,443 209,716 Total expenditures 689,479,190 671,204,690 658,882,021 304,367,574 334,186,248 Excess (deficiency) of revenues over (under) expenditures (312,173,267) (276,578,072) (265,539,142) (13,391,724) (53,786,025) Other financing sources (uses): Refunding debt issuance - Debt issuance 248,792,225 48,904,095 638,854,602 60,000,000 40,000,000 Discount on debt issuance - (2,433,315) Premium on debt issuance 38,328,775 Payment to refunded bond escrow agent - - Transfers in 162,708,720 232,626,156 481,987,735 133,065,312 123,977,167 Transfers out (162,708,720) (232,626,156) (481,987,735) (133,065,312) (123,977,167) Total other financing sources (uses) 248,792,225 48,904,095 674,750,062 60,000,000 40,000,000 Net change in fund balances $ (63,381,042) $ (227,673,977) $ 409,210,920 $ 46,608,276 $ (13,786,025) Debt service as a percentage of noncapitalexpenditures 10.6% 11.0% 19.1% 1 9.3% 22.5% Source: Finance Department 102 162 Riverside County Transportation Commission Sources of County of Riverside Taxable Sales by Business Type Last Ten Calendar Years (In Thousands) 2017 1 2016 2015 2014 2013 Apparel stores $ 2,199,511 $ 2,190,228 $ 2,136,728 $ 1,989,623 $ 1,771,603 General merchandise stores 3,101,256 3,052,409 3,040,244 3,289,057 3,298,920 Food stores 1,666,910 1,574,030 1,727,518 1,509,404 1,421,590 Eating & drinking 3,852,674 3,648,980 3,384,494 3,093,861 2,836,388 Household 1,730,702 1,386,985 1,135,235 1,030,455 996,484 Building materials 2,161,593 1,965,101 1,826,294 1,706,184 1,535,178 Automotive 8,282,532 7,751,812 7,693,173 7,844,773 7,421,523 Other retail sales 2,586,770 2,452,591 2,338,039 2,182,987 2,025,088 Total all other outlets 10,550,866 10,209,008 9,629,185 9,389,345 8,758,693 $ 36,132,814 $ 34,231,144 $ 32,910,910 $ 32,035,689 $ 30,065,467 Measure A direct sales tax rate (Ordinance 88-1 through 2009 and 02-001 thereafter) 0.50% 0.50% 0.50% 0.50% 0.50% Source: California Department of Tax and Fee Administration, as successor to California State Board of Equalization ' Year represents most recent data available. Sources of County of Riverside Taxable Sales by Business Type for 2017 Total all other outlets 29% Other retail sales 7% Apparel stores 6% Automotive 23% General merchandise stores 8% Food stores 5% Eating & drinking 11% Household 5% Building materials 6% 103 163 Riverside County Transportation Commission Sources of County of Riverside Taxable Sales by Business Type, Continued Last Ten Calendar Years (In Thousands) 2012 2011 2010 2009 2008 Apparel stores $ 1,672,482 $ 1,505,821 $ 1,391,174 $ 1,293,271 $ 1,121,543 General merchandise stores 3,174,022 3,051,709 2,947,905 2,855,733 3,389,936 Food stores 1,356,148 1,304,731 1,267,758 1,251,220 1,254,366 Eating & drinking 2,668,324 2,473,339 2,317,486 2,266,853 2,340,554 Household 930,068 914,888 412,325 858,098 816,379 Building materials 1,364,513 1,303,073 1,232,145 1,237,518 1,435,337 Automotive 7,009,138 6,311,272 5,306,408 4,749,994 6,126,512 Other retail sales 1,841,973 1,711,453 1,951,385 1,442,875 3,250,335 Total all other outlets 8,079,341 7,065,212 6,326,194 6,272,315 6,268,633 $ 28,096,009 $ 25,641,498 $ 23,152,780 $ 22,227,877 $ 26,003,595 Measure A direct sales tax rate (Ordinance 88-1 through 2009 and 02-001 thereafter) Source: State Board of Equalization 0.50% 0.50% 0.50% 0.50% 0.50% Riverside County Transportation Commission Direct and Overlapping Sales Tax Rates Last Ten Fiscal Years Fiscal Year Measure A Direct Rate 1 County of Riverside 2021 0.50% 7.75% 2020 0.50% 7.75% 2019 0.50% 7.75% 2018 0.50% 7.75% 2017 0.50% 7.75% 2016 0.50% 8.00% 2015 0.50% 8.00% 2014 0.50% 8.00% 2013 0.50% 8.00% 2012 0.50% 7.75% Source: Commission Finance Department and California Department of Tax and Fee Administration, as successor to California State Board of Equalization. 1 The Measure A sales tax rate may be changed only with the approval of 2/3 of the voters. 2 Effective July 1, 2011, the State of California decreased the state sales tax rate by 1%. Effective January 1, 2013, the State of California increased the state sales tax rate by 0.25%. Riverside County Transportation Commission Principal Taxable Sales Generation by City Current Year and Nine Years Ago 20171 2008 Taxable Sales Percentage of Taxable Sales Percentage of (in thousands) Rank Total (in thousands) Rank Total City of Riverside $ 5,534,294 2 15.3% $ 4,093,218 2 15.7% City of Corona 3,663,277 3 10.1% 2,994,438 3 11.5% City of Temecula 3,209,066 4 8.9% 2,307,072 4 8.9% City of Moreno Valley 1,652,123 5 4.6% 1,154,650 6 4.4% City of Palm Desert 1,624,653 6 4.5% 1,447,663 5 5.6% City of Murrieta 1,522,525 7 4.2% 972,575 7 3.7% City of Perris 1,462,211 8 4.0% 562,025 14 2.2% City of Palm Springs 1,149,888 9 3.2% 826,056 9 3.3% City of Hemet 1,042,103 10 2.9% 840,655 8 3.2% City of Indio 1,008,113 11 2,8% 673,527 11 2.6% City of Jurupa Valley" 968,336 12 2.7% - N/A City of Lake Elsinore 821,250 13 2.3% 639,732 13 2.5% City of Cathedral City 809,572 14 2.2% 649,612 12 2.5% City of La Quinta 751,449 15 2.0% 731,831 10 2.9% City of Eastvale3 742,347 16 2.1% N/A City of Menifee2 683,385 17 1,9% N/A City of Norco 603,813 18 1.7% 436,753 16 1.7% City of Rancho Mirage 485,920 19 1.3% 438,400 15 1.7% City of Beaumont 429,064 20 1.2% 270,480 18 1.0% City of Coachella 307,443 21 0.9% 307,494 17 1.2% City of San Jacinto 258,202 22 0.7% 192,541 20 0.7% City of Banning 226,170 23 0.6% 193,333 19 0.7% City of Blythe 152,961 24 0.4% 160,476 21 0.6% City ofWildomar 152,142 25 0.4% 23,983 25 0.1% City of Desert Hot Springs 138,947 26 0.4% 91,671 22 0.4% City of Indian Wells 102,766 27 0.3% 91,534 23 0.4% City of Calimesa 72,082 28 0.2% 54,285 24 0.2% City of Canyon Lake 20,912 29 0.1% 12,300 26 0.0% Incorporated 29,595,014 81.9% 20,166,304 77.7% Unincorporated 6,537,800 1 18.1% 5,837,291 1 22.3% Countywide $ 36,132,814 100.0% $ 26,003,595 100.0% Califomia $ 672,486,581 $ 531,653,540 Source: California Department of Tax and Fee Administration, as successor to Califomia State Board of Equalization, for the calendar year indicated. 1 Year represents most recent data available. 2 City of Menifee was incorporated on October 1, 2008. 3 City of Eastvale was incorporated on October 1, 2010. a City of Jurupa Valley was incorporated on July 1, 2011. Taxable Sales by City $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $_ c+aGca� o,Q�oi Oey �J aoQe SQcc�z{�'oe`°t\ao g\\o�a `5°� AGcI oca�`�e� m'L �0<o° :AI' S G`�� om°l5°<Oc oEQ�\�o� 0i tQ9\� ° �)p� �Ga c1���aicl°t G� °����e °G° c'c1°�0 `�°° t`�°yQ�a�S`°�\G��°cam Ci 0.4 A G<c1 ,�° o\ ,�° oti G` G` G otP' GBH Gtd G` Gid 0ge �o G<i °t G` €i G`a G` G C� G EO G G•F1 + 2017 1 - a-2008 106 166 Riverside County Transportation Commission Measure A Sales Tax Revenues by Program and Geographic Area Year Ended June 30, 2021 Special Revenue Funds Western Coachella Palo County Valley Verde Total Highways $ 57,631,133 $ $ $ 57,631,133 Regional arterials 16,950,333 - 16,950,333 Highways and regional arterials 26,018,189 26,018,189 New corridors 20,905,411 - 20,905,411 Economic development incentives 2,260,044 2,260,044 Local streets and roads 54,806,077 18,212,732 1,063,730 74,082,539 Public transit: Commuter assistance 2,825,055 - 2,825,055 Commuter rail 11,526,227 11,526,227 Bus 4,082,206 4,082,206 Specialized transportation 3,601,946 - 3,601,946 Bus and specialized transportation 7,805,457 7,805,457 Bond financing 15,255,300 - 15,255,300 Source: Finance Department $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $ 189,843,732 $ 52,036,378 $ 1,063,730 $ 242,943,840 Sales Tax Revenues by Program and Geographic Area e �y 5 i5 e5 e' ce m� 1 00 og gA r,4ed �e� �e�e c`ao g", Cc' tie• �e`c e" e'"` ce• �Z e\e e\e �' `\gee ega ," F� '"Q yCr� f`ga Qe�`og e9og e Q�eg e`tee�y �g�et GoF ea�`eg peg e° ea� ,ego C,'. og` ,`anti eS, G ,c c r41es5 �\eae v° ,Qe ayQe ,�,.0 �cpgo �Jyag Geographic Distribution by Area Coachella Valley 21% Palo Verde 1% Western County 78% • Palo Verde • Coachella Valley ■ Westem County 107 167 Riverside County Transportation Commission Measure A Sales Tax by Economic Category Last Ten Calendar Years of Total Economic Category 2020' 2019 2018 2017 2016 2015 2014 2013 2012 2011 General retail 31.6 28.1 28.9 28.3 28.9 28.8 28.4 28.7 28.8 29.8 Transportation 22.4 24.2 24.6 25.3 25.1 25.9 26.6 27.0 26.9 27.1 Food products 15.2 17.7 17.8 17.6 17.7 17.3 16.6 16.1 16.2 16.4 Business to business 15.8 16.7 16.3 15.6 15.3 15.0 14.4 14.5 15.0 14.1 Construction 11.5 10.7 10.8 10.8 10.8 10.8 12.0 11.8 11.1 10.5 Miscellaneous 3.5 2.6 1.6 2.4 2.2 2.2 2.0 1.9 2.0 2.1 Total 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Source: MuniServices LLC., an Avenu Company ' Year represents most recent data available. 168 Riverside County Transportation Commission Measure A Revenues and Pledged Revenue Coverage 1 Last Ten Fiscal Years Sales Tax Revenue Bonds Net Measure A Sales Tax Fiscal Year Revenues2 Measure A Sales Tax Total Debt Revenue Growth Total Debt Service (Decline) Rate Service Coverage Ratio 2021 $ 242,943,840 24.56% $ 69,519,038 3.49 2020 195,036,321 -3.07% 3 69,537,488 2.80 2019 201,204,995 14.13% 69,555,738 2.89 2018 176,301,656 0.56% 75,159,543 2.35 2017 175,320,207 4.59% 51,889,982 3.38 2016 167,630,239 2.78% 53,400,019 3.14 2015 163,092,776 4.31% 53,300,072 3.06 2014 156,355,894 4.64% 50,499,417 3.10 2013 149,428,124 10.70% 22,156,116 6.74 2012 134,984,307 9.35% 21,503,582 6.28 Source: Finance Department 1 This schedule meets the requirements for Continuing Disclosure of historical Measure A sales tax revenues. 2 Sales tax revenue bonds are backed by the sales tax revenues, net of California Department of Tax and Fee Administration, as successor to Board of Equalization, administrative fees. 3 Sales tax revenues decreased in FY 2020 due to COVID-19 impacts. 109 169 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Riverside County Transportation Commission Ratios of Outstanding Debt by Type Last Ten Fiscal Years Governmental Activities Year Sales Tax Revenue Bonds, net of premium and Commercial MSHCP Funding Capital discount Paper Liability Leases TIFIA Loan 2021 $ 871,561,216 $ 2020 911,246,727 2019 950,003,406 2018 987,810,267 2017 792,916,124 2016 782,532,106 2015 792,297,152 2014 801,782,659 2013 310,435,508 2012 317,138,111 30,000,000 20,000,000 60,000,000 $ - $ 31,722 $ - 41,821 128,092,018 3,000,000 50,504 15,121,739 6,000,000 7,965 9,000,000 28,939 12,000,000 46,181 15,000,000 60,357 18,000,000 72,011 6,289 30,943 Sources: Finance Department for outstanding debt for the fiscal year ended June 30 and California State Department of Finance for population as of January 1. 1 See the Schedule of Demographic and Economic Statistics on page 115 for personal income and population data. Riverside County Transportation Commission Ratios of Outstanding Debt by Type, Continued Last Ten Fiscal Years Business -Type Activities Toll Revenue Bonds, net of Percentage of discount and Total Primary Personal Debt per Year accretion TIFIA Loan Government Income 1 Capita 1 2021 $ 210,216,120 $ 656,943,710 $ 1,738,752,768 N/A $ 708.41 2020 204,647,796 486,339,336 1,730,367,698 N/A 708.50 2019 199,423,911 469,870,660 1,637,470,220 1.56% 671.06 2018 194,522,170 453,980,866 1,642,321,268 1.65% 689.29 2017 189,923,251 438,628,419 1,460,496,733 1.54% 612.42 2016 185,607,330 277,696,320 1,277,881,937 1.45% 551.30 2015 181,557,045 48,904,095 1,037,818,649 1.24% 436.30 2014 177,755,391 997,610,061 1.28% 423.81 2013 370,441,797 0.49% 167.47 2012 317,169,054 0.44% 142.38 Sources: Finance Department for outstanding debt for the fiscal year ended June 30 and California State Department of Finance for population as of January 1. Riverside County Transportation Commission Computation of Legal Debt Margin' Last Ten Fiscal Years Fiscal Year 2021 2020 2019 2018 2017 Measure A Ordinance No. 02-001, as amended by Ordinance No. 10-0022 Total debt limit authorized $ 975,000,000 $ 975,000,000 $ 975,000,000 $ 975,000,000 $ 975,000,000 Amount of debt applicable to debt limit 777,315,000 805,810,000 833,055,000 859,020,000 786,240,000 Legal debt margin $ 197,685,000 $ 169,190,000 $ 141,945,000 $ 115,980,000 $ 188,760,000 % of debt to legal debt limit Source: Finance Department 79.7% 82.6% 85.4% 88.1% 80.6% 1 The Commission's debt limit was approved by the voters of Riverside County as part of the sales tax ordinance and is specific to the Commission; accordingly, there are no overlapping debt considerations. 2 Ordinance No. 02-001 was approved by a 2/3 majority of the voters in November 2002. In November 2010, a majority of the voters approved Ordinance No. 10-002 to increase the debt limit from $500 million to $975 million. Measure A Ordinance No. 02-001, as amended by Ordinance No. 10-002 $1,200,000,000 $1,000,000,000 $800,000,000 - $600,000,000 - $400,000,000 - $200,000,000 - $- 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 ATotal debt limit authorized ■Amount of debt applicable to debt limit 113 173 Riverside County Transportation Commission Computation of Legal Debt Margin, Continued' Last Ten Fiscal Years Fiscal Year 2016 2015 2014 2013 2012 Measure A Ordinance No. 02.001, as amended by Ordinance No. 10-0022 Total debt limit authorized Amount of debt applicable to debt limit Legal debt margin % of debt to legal debt limit Source: Finance Department $ 975,000,000 $ 975,000,000 $ 975,000,000 $ 975,000,000 $ 975,000,000 771,300,000 759,100,000 766,500,000 371,400,000 318,200,000 $ 203,700,000 $ 215,900,000 $ 208,500,000 $ 603,600,000 $ 656,800,000 79.1% 77.9% 78.6% 38.1% 32.6% 114 174 Riverside County Transportation Commission Demographic and Economic Statistics for the County of Riverside Last Ten Calendar Years Per Capita Personal Income Personal Unemployment Calendar Year Population' (thousands)2 Income 2 Rate3 2021 2,454,453 N/A N/A N/A 2020 2,442,304 N/A N/A N/A 2019 2,440,124 $ 104,794,676 $ 42,418 4.2% 2018 2,415,955 99,591,680 40,637 4.4% 2017 2,382,640 95,140,992 39,261 5.2% 2016 2,347,828 87,827,068 36,782 6.1% 2015 2,317,924 84,025,987 35,589 6.7% 2014 2,329,271 78,239,388 33,590 8.2% 2013 2,255,059 76,289,477 33,278 10.3% 2012 2,227,577 72,015,057 31,742 12.2% Sources: 1 California State Department of Finance as of January 1. 2 U.S. Department of Commerce Bureau of Economic Analysis. Represents most recent data available. 3 Riverside County Economic Development Agency. Represents most recent data available. 115 175 Riverside County Transportation Commission Employment Statistics by Industry for the County of Riverside Calendar Year 2020 and Nine Years Prior Industry Type % of Total % of Total 20201 Employment 2011 Employment Agricultural services, forestry, fishing and other 12,000 1.7% 12,400 2.2% Mining 400 0.1% 400 0.1% Construction 66,600 9.2% 34,100 6.1% Manufacturing 42,400 5.9% 38,600 6.9% Transportation, warehousing, and public utilities 61,500 8.5% 20,200 3.6% Wholesale trade 24,300 3.4% 19,700 3.5% Retail trade 86,800 12.0% 81,600 14.5% Professional & business services 70,500 9.7% 52,300 9.3% Education & health services 112,300 15.5% 74,300 13.2% Leisure & hospitality 76,300 10.6% 68,900 12.3% Finance, insurance, and real estate 20,800 2.9% 18,600 3.2% Information 5,300 0.7% 7,700 1.4% Other services 19,600 2.8% 18,800 3.4% Federal government, civilian 7,600 1.1% 7,000 1.3% State government 17,600 2.4% 16,100 2.9% Local government 99,200 13.7% 91,100 16.2% Total employment 723,200 100.0% 561,800 100.0% Source: State of California Economic Development Department Year represents most recent data available. 116 176 Riverside County Transportation Commission Full-time Equivalent Employees by Function/Program Last Ten Fiscal Years As ofJune30 Function/Program 20211 2020 2019 2018 2017 2016 2015 2014 2013 2012 Management services and administration 18.5 18.7 18.0 19.2 17.1 14.7 16.2 13.8 14.1 13.9 Planning and programming 5.3 5.5 3.5 4.2 4.9 6.2 6.1 5.9 4.9 5.1 Rail operations and maintenance 4.4 3.5 3.4 4.1 4.3 4.5 4.0 3.1 2.9 3.3 Specialized transit/transportation 2.6 2.4 2.9 2.4 2.7 2.3 2.3 3.4 2.5 2.5 Commuter assistance 1.8 1.4 1.4 1.7 1.4 1.8 3.0 1.7 1.8 1.6 Motorist assistance 1.0 0.9 0.8 0.9 0.8 0.7 0.7 0.9 0.9 1.2 Capital project development and delivery 16.6 17.6 16.0 15.5 15.8 15.8 13.7 15.2 13.9 12.3 Regional conservation 12.8 Total full-time equivalents 63.0 50.0 46.0 48.0 47.0 46.0 46.0 44.0 41.0 40.0 Source: Finance Department 1 Effective January 1, 2021, RCTC became the managing agency for the Western Riverside County Regional Conservation Authority. 117 177 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Riverside County Transportation Commission Operating Indicators Last Ten Fiscal Years As of June 30 2021 2020 2019 2018 2017 Toll operations: RCTC 91 Express Lanes Gross trips 13,025,785 13,119,123 15,143,222 14,518,302 4,049,067 Gross potential revenue $ 43,734,242 $ 56,058,450 $ 57,172,266 $ 47,941,733 $ 9,618,429 Average gross potential revenue per trip $ 3.36 $ 4.12 $ 3.78 $ 3.30 $ 2.38 15 Express Lanes Gross transactions 4,172,026 Gross potential revenue $ 5,361,524 Average gross potential revenue per transaction $ 1.29 Commuter rail operations: Growth of average daily ridership on commuter lines: Riverside line 469 3,961 3,868 3,863 4,050 IEOC line 1,028 4,784 4,656 4,874 4,900 91 line 685 3,731 3,293 3,109 3,258 Farebox recovery ratio: Riverside line 6.6% 19.8% 43.0% 45.4% 47.2% IEOC line 5.4% 21.1% 27.5% 29.2% 31.8% 91 line 5.7% 16.4% 24.1% 26.5% 26.5% Specialized transit/transportation: Specialized transit grants awarded 18 18 18 16 17 Commuter assistance: Rideshare Incentive members 97 519 526 573 505 Rideshare Plus Rewards members 107 630 917 1,114 792 Rideshare pledges N/A 8,349 7,836 5,959 4,886 Rideguides produced 2,748 5,901 6,246 4,606 5,219 VanClub vanpools 29 32 67 31 N/A Commuter Exchange events N/A N/A N/A N/A N/A Motorist assistance: Call boxes 158 158 231 241 240 Calls made from call boxes 936 979 1,384 1,598 2,161 Contracted Freeway Service Patrol vehicles 26 26 26 20 20 Assists by Freeway Service Patrol 59,711 49,051 44,607 41,417 40,180 IE511 web visits 204,259 296,339 213,689 408,021 618,130 IE511 call volumes 65,046 95,164 114,045 142,287 201,099 Transportation Uniform Mitigation Fee program: Approved regional arterial projects 23 23 23 20 20 Measure A program: Highways $ 123,154,255 $ 209,530,745 $ 148,387,823 $ 180,565,301 $ 250,360,723 Commuter rail 16,871,212 16,744,864 13,218,370 14,118,997 8,528,984 Regional arterials 1,249,823 4,939,979 12,533,037 6,158,736 14,739,703 Local streets and roads 74,082,952 59,475,694 61,470,359 53,639,698 51,864,011 Specialized transit and commuter assistance 11,629,836 16,568,400 16,708,843 15,197,859 13,826,624 Total program expenditures $ 226,988,078 $ 307,259,682 $ 252,318,432 $ 269,680,591 $ 339,320,045 Source: Commission Departments 1 In FY 2021, the Commission reached substantial completion on the 1-15 Express Lanes project and in April 2021 the 15 Express Lanes opened to motorists. 2 In FY2021, the decrease in commuter rail operations and commuter assistance is a result of the impacts of COVID-19 and stay at home orders. 119 179 Riverside County Transportation Commission Operating Indicators, Continued Last Ten Fiscal Years As of June 30 2016 2015 2014 2013 2012 Toll operations: RCTC 91 Express Lanes Gross trips Gross potential revenue Average gross potential revenue per trip 15 Express Lanes Gross transactions - Gross potential revenue Average gross potential revenue per transaction Commuter rail operations: Growth of average daily ridership on commuter lines: Riverside line 4,404 4,651 4,715 4,911 5,279 IEOC line 4,438 4,613 4,522 4,317 4,142 91 line 2,610 2,419 2,340 2,407 2,254 Farebox recovery ratio: Riverside line 45.7% 49.6% 50.9% 57.0% 58.5% IEOC line 33.4% 32.6% 37.6% 34.9% 31.3% 91 line 27.7% 38.6% 51.3% 42.2% 49.7% Specialized transit/transportation: Specialized transit grants awarded 17 20 22 22 21 Commuter assistance: Rideshare Incentive members 597 736 1,106 926 1,056 Rideshare Plus Rewards members 1,142 3,723 5,770 6,786 4,848 Rideshare pledges 4,249 11,180 11,661 12,765 11,635 Rideguides produced 8,607 6,527 10,059 14,813 15,628 VanClub vanpools N/A N/A N/A N/A N/A Commuter Exchange events N/A 48 54 55 52 Motorist assistance: Call boxes 545 549 570 580 594 Calls made from call boxes 3,053 3,882 4,685 5,337 5,043 Contracted Freeway Service Patrol vehicles 21 21 21 21 21 Assists by Freeway Service Patrol 36,711 42,471 44,278 43,633 42,748 IE511 web visits 473,462 452,713 443,359 399,730 341,716 IE511 call volumes 233,895 263,757 306,108 351,161 362,957 Transportation Uniform Mitigation Fee program: Approved regional arterial projects 24 24 24 24 24 Measure A program: Highways $ 372,657,029 $ 325,128,109 $ 299,398,122 $ 118,750,336 $ 111,049,502 Commuter rail 75,831,961 98,302,229 56,148,017 15,895,661 19,690,126 Regional arterials 17,090,247 5,012,254 1,441 1,787 124 Local streets and roads 49,826,564 48,615,815 46,677,580 44,594,891 40,127,890 Specialized transit and commuter assistance 14,499,642 14,063,310 13,378,223 11,927,634 11,930,437 Total program expenditures $ 529,905,443 $ 491,121,717 $ 415,603,383 $ 191,170,309 $ 182,798,079 Source: Commission Departments 120 180 Riverside County Transportation Commission Capital Asset Statistics by Program Last Ten Fiscal Years As ofJune30 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Commuter rail: Transit centers owned and managed 1 1 1 1 1 1 1 1 1 1 Commuter rail stations owned and managed 9 9 9 9 9 9 5 5 5 5 Miles of commuter rail easements 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6 Commuter Assistance: Commuter Exchange Vehicle Toll operations: RCTC 91 Express Lanes Storage and maintenance building 1 1 1 1 Customer service center 1 1 1 - Toll utility buildings 2 3 3 3 3 Miles of express lanes 36 36 36 36 36 Toll collection system gantries 4 4 4 4 4 On -road closed circuit TV cameras 36 36 36 36 36 Traffic operations center system 1 1 1 1 1 Communications network 1 1 1 1 1 Changeable message signs 7 8 8 8 8 15 Express Lanes Storage and maintenance building 1 Customer service center 1 Regional operations center buildings 1 Miles of express lanes 56 Toll collection system gantries 8 On -road closed circuit TV cameras 27 - Traffic detection monitoring devices 37 Traffic operations center system 1 Communications network 1 Changeable message signs 3 Variable toll message signs 12 Source: Commission Departments 1 1 1 121 181 ATTACHMENT 2 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Financial and Compliance Reports Year Ended June 30, 2021 EideBailly® eidebailly.com 182 Contents Independent Auditor's Report 1-2 Financial Statements Balance Sheet 3 Statement of Revenues, Expenditures and Change in Fund Balance 4 Notes to Financial Statements 5-7 Supplementary Information Schedule of Allocations and Disbursements Schedule of Unclaimed Apportionments (Article 3) Schedule of Unclaimed Apportionments (Articles 4 and 8) Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 8 9 10 11-12 183 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the Local Transportation Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Fund's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the Fund's financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Fund of the County of Riverside, California, as administered by the Commission, as of June 30, 2021, and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspiresa us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA1J7730-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1 to the financial statements, the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021 and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Management has omitted management's discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the financial statements. Such missing information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic or historical context. Our opinion on the financial statements is not affected by this missing information. Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Fund's financial statements. The schedules listed in the table of contents as supplementary information are presented for purposes of additional analysis and are not a required part of the financial statements. The supplementary information is the responsibility of Commission management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated October 29, 2021 on our consideration of the Commission's internal control over the Fund's financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control over financial reporting or on compliance related to the Fund. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control over the Fund's financial reporting and compliance. Rancho Cucamonga, California October 29, 2021 2 185 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Balance Sheet June 30, 2021 Assets Cash and investments in Riverside County Pooled Investment Fund $ 155,133,435 Accounts receivable 33,291,546 Interest receivable 92,855 Total assets $ 188,517,836 Liabilities and Fund Balance Liabilities: Accounts payable Due to other Commission funds Total liabilities $ 1,790,024 2,181,390 3,971,414 Restricted: Unapportioned Local Transportation Funds 29,420,033 Rail and bus transit and local streets and roads apportionments 148,034,779 Bicycle and pedestrian projects 7,091,610 Total fund balance 184,546,422 Total liabilities and fund balance $ 188,517,836 See Notes to Financial Statements. 3 186 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Statement of Revenues, Expenditures and Change in Fund Balance Year Ended June 30, 2021 Revenues: Sales taxes $ 123,038,694 Other reimbursements 13,605,971 Interest 119,528 Total revenues 136,764,193 Expenditures: Bicycle and pedestrian projects 3,388,814 Transit 41,121,460 Planning, programming, and administration 4,815,800 Total expenditures 49,326,074 Net change in fund balance 87,438,119 Fund balance, beginning of year 97,108,303 Fund balance, end of year $ 184,546,422 See Notes to Financial Statements. 4 187 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies The Riverside County Transportation Commission (the Commission), in its capacity as the transportation planning agency for the County of Riverside, California (the County), is responsible for administering funds provided through the Local Transportation Fund (the Fund), which was created in accordance with the provisions of the Transportation Development Act of 1971. The significant revenue to the Fund is derived from 0.25 percent of the 7.75 percent statewide sales tax collected in the County by the State Board of Equalization (State). The accounting policies of the Fund, a special revenue fund of the Commission, conform to accounting principles generally accepted in the United States as applicable to governmental units. Presentation: The accompanying financial statements of the Fund are intended to present the financial position and the changes in financial position of only that portion of the governmental activities of the Commission that is attributable to the transactions of the Fund of the Commission. They do not purport to, and do not, present fairly the financial position of the Commission or the County as of June 30, 2021 and the related changes in its financial position for the year then ended, in conformity with accounting principles generally accepted in the United States of America. Basis of accounting: In accordance with the requirements for governmental funds, the modified accrual basis of accounting is followed in the Fund. Under the modified accrual basis of accounting, expenditures are recorded when they are expected to be liquidated with expendable available resources, and revenue is recorded when it becomes both measurable and available. "Measurable" means the amount of the transaction can be determined, and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the current fiscal period. Those revenues susceptible to accrual include sales taxes collected and held by the State at year-end on behalf of the Commission and interest revenue. Funding: There is a three -step process for obtaining funds from the Fund: apportionment, allocation and payment. Annually, the Commission determines each area's share of the anticipated Fund. This share is the area apportionment. Once funds are apportioned to a given area, they are typically available only for allocation to claimants in that area. Allocation is the discretionary action by the Commission that designates funds for a specific claimant for a specific purpose. Payment is authorized by disbursement instructions issued by the Commission. Cash: It is the Commission's policy to deposit all funds received in the Riverside County Pooled Investment Fund (RCPIF), as legally required, until the funds are required for disbursement. Interest income is earned while these funds are deposited. Accounts receivable: Accounts receivable consist primarily of Fund sales tax revenues from the State on all taxable sales within the County of Riverside, California through June 30, 2021. Accounts payable: Accounts payable consist primarily of claims approved by the Commission, but not paid by the Commission, to the appropriate transit operators by June 30, 2021. 5 188 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies (Continued) Fund balance restrictions: The Fund reports restricted fund balances to show the level of constraint governing the use of the funds as set forth by enabling State legislation. Expenditures: Expenditures represent disbursements to the Commission, Southern California Association of Governments, cities, the County of Riverside and transit operators that have met the claimant eligibility requirements to receive Fund allocations that are approved by the Commission, per various Public Utilities Code Sections. All disbursements are to be used for transportation purposes. Note 2. Cash and Investments with County Treasurer The funds in the RCPIF are pooled with those of other entities and invested in accordance with the County's investment policy. These pooled funds are carried at fair value. Investments in U.S.Treasury, federal agency, mortgage and asset -backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. The pooled funds are not subject to level 1, 2 or 3 of the fair value hierarchy prescribed by Governmental Accounting Standards Board Statement No. 72, Fair Value Measurement and Application. An Investment Oversight Committee has been established by the County, which acts as a regulator of the pool. As of June 30, 2021, the Commission had $155,133,435 invested in the RCPIF, with an average maturity of 420 days. Additional information on investment types, fair value measurement and credit risk of the RCPIF may be obtained from the County of Riverside Treasurer -Tax Collector located at 4080 Lemon Street, 4th Floor, Riverside, California 92502 or by visiting the Treasurer -Tax Collector website at www.countytreasurer.org. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the California Government Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. Credit risk: As of June 30, 2021 the Commission's investment in the RCPIF was rated Aaa/bf by Moody's Investors Service and AAAf/S1 by Fitch Ratings. The Commission's investment policy only requires credit quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers' acceptances, and certificates of deposit. 6 189 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 3. Fund Balance The restricted fund balance represents the apportionments related to transit programs by geographic area, bicycle and pedestrian projects, planning and programming, and unapportioned Local Transportation Funds. For Western County transit programs, commuter rail and bus allocations are in accordance with the Commission's policy. At June 30, 2021, amounts in fund balance are restricted as follows: Rail and bus transit and local streets and roads apportionments: Western County: Commuter rail: Apportioned and unallocated $ 14,631,367 Bus transit: Allocated and unclaimed —City of Banning 100,000 Allocated and unclaimed —Riverside Transit Agency 2,666,157 Apportioned and unallocated 106,170,400 Total rail and bus transit —Western County 123,567,924 Coachella Valley: Allocated and unclaimed Apportioned and unallocated Total bus transit —Coachella Valley 1,434,660 21,557,065 22,991,725 Palo Verde Valley: Allocated and unclaimed —Transit 1,475,130 Total bus transit and local streets and roads —Palo Verde Valley 1,475,130 Total for rail and bus transit and local streets and roads apportionments $ 148,034,779 Bicycle and pedestrian projects: Allocated and unclaimed $ 3,819,172 Unallocated 3,272,438 Total for bicycle and pedestrian projects $ 7,091,610 Unapportioned Local Transportation Funds $ 29,420,033 Total fund balance $ 184,546,422 7 190 Supplementary Information 191 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Schedule of Allocations and Disbursements Year Ended June 30, 2021 Article 3 Planning, Programming SB 821 Article 3 Article 4 and Administrative Totals (Expirations / (Allocations (Expirations / Allocations Disbursements Allocations Allocations Disbursements Returned) Allocations Disbursements Allocations Disbursements Allocations Returned) Returned) Expenditures: City of Banning $ - $ - $ $ 2,367,277 $ 2,367,277 $ $ - $ $ 2,367,277 $ 2,367,277 $ City of Beaumont - 2,433,985 2,433,985 2,433,985 2,433,985 City of Cathedral City 360,320 - 360,320 City of Coachella 1,344,050 1,344,050 (545) - 1,344,050 1,344,050 (545) City of Corona - 200,000 200,000 (860,068) - - 200,000 200,000 (860,068) City of Desert Hot Springs 330,906 - - 330,906 - - City of Eastvale 350,000 - (350,000) - - - - 350,000 - (350,000) City of Lake Elsinore 245,523 245,523 - - - 245,523 245,523 City of La Quinta 97,700 - 97,700 City of Menifee 683,028 183,263 683,028 183,263 City of Moreno Valley 720,000 200,000 720,000 200,000 City of Palm Desert 85,000 - 85,000 City of Palm Springs 146,500 146,500 - - - - - 146,500 146,500 City of Perris 225,000 125,000 - - 225,000 125,000 City of Riverside 360,000 360,000 16,000 16,000 (1,081,008) 376,000 376,000 (1,081,008) City of Temecula - (17,022) (17,022) - (17,022) (17,022) City of Wildomar 275,000 275,000 - County of Riverside: Auditor/Controller 12,000 12,000 12,000 12,000 Road Department 2,516,356 801,500 (164,375) - - 2,516,356 801,500 (164,375) Palo Verde Valley Transit Agency 762,184 762,184 - 762,184 762,184 Commission - 9,097,756 11,097,756 3,947,800 3,947,800 13,045,556 15,045,556 Riverside Transit Agency - - - 7,129,674 12,135,671 (5,005,997) 7,129,674 12,135,671 (5,005,997) SCAG - - - - - - 856,000 856,000 856,000 856,000 Sunline Transit Agency - - 4,341,647 12,108,587 6,658,353 - 4,341,647 12,108,587 (6.658,353) $ 7,739,383 $ 3,388,814 $ (531,942) $ 26,348,523 $ 41,121,460 $ (13,605,426) $ 4,815,800 $ 4,815,800 $ 38,903,706 $ 49,326,074 $ (14.137,368) 1@2 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Schedule of Unclaimed Apportionments (Article 3) Year Ended June 30, 2021 Unclaimed Unclaimed Apportionment Interest Apportionment July 1, 2020 Apportionment Reimbursements Disbursements Allocations June 30, 2021 Bicycle and pedestrian projects $ 8,303,262 $ 2,171,000 $ 545 $ 3,388,814 $ 5,617 $ 7,091,610 1@3 Local Transportation Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Schedule of Unclaimed Apportionments (Articles 4 and 8) Year Ended June 30, 2021 Fiscal Year 2020/21 Prior Fiscal Year Apportionment Amounts Claimed Unclaimed Apportionment Apportionment Amounts Claimed Amount Returned Unclaimed Apportionment Total Unclaimed Interest Apportionment Allocation June 30, 2021 Western County: Rail Bus Coachella Valley Palo Verde Valley: Transit Unallocated Total transportation $ 16,762,000 $ 9,097,756 $ 7,664,244 $ 8,955,536 $ 2,000,000 $ - $ 6,955,536 $ 59,427,000 17,152,933 42,274,067 59,631,333 6,947,073 66,578,406 11,587 $ 84,084 14,631,367 108,936,557 18,538,000 11,000,000 7,538,000 9,886,887 1,108,587 6,658,353 15,436,653 17,072 22,991,725 1,022,000 762,184 259,816 928,876 285,270 1,214,146 1,168 1,475,130 285,270 (285,270) 95,749,000 38,012,873 57,736,127 Auditor/Controller 12,000 12,000 Commission administration 524,800 524,800 Commission planning 3,423,000 3,423,000 SCAG planning 856,000 856,000 79,687,902 3,108,587 13,605,426 90,184,741 113,911 148,034,779 Total administration and planning 4,815,800 4,815,800 Total apportionments $ 100,564,800 $ 42,828,673 $ 57,736,127 $ 79,687,902 $ 3,108,587 $ 13,605,426 $ 90,184,741 $ 113,911 $ 148,034,779 1�� EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Local Transportation Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated October 29, 2021. Our report included an emphasis of matter paragraph indicating that the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021, and the changes in its financial position for the year ended in accordance with accounting principles generally accepted in the United States of America. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over the Fund's financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control related to the Fund. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control related to the Fund. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Fund's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit, we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 11 What inspires you, inspires us. eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA1??A0-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the Fund's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance as it relates to the Fund. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance related to the Fund. Accordingly, this communication is not suitable for any other purpose. Rancho Cucamonga, California October 29, 2021 12 196 ATTACHMENT 3 State Transit Assistance Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Financial and Compliance Reports Year Ended June 30, 2021 EideBailly® eidebailly.com 197 Contents Independent Auditor's Report 1-2 Financial Statements Balance Sheet Statement of Revenues, Expenditures and Change in Fund Balance Notes to Financial Statements 3 4 5-7 Supplementary Information Schedule of Allocations and Disbursements Approved During the Year 8 Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 9-10 198 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the State Transit Assistance Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Fund's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the Fund's financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Fund of the County of Riverside, California, as administered by the Commission, as of June 30, 2021, and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspiresq us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CAMO-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1 to the financial statements, the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021 and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Management has omitted management's discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the financial statements. Such missing information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic or historical context. Our opinion on the financial statements is not affected by this missing information. Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Fund's financial statements. The schedules listed in the table of contents as supplementary information are presented for purposes of additional analysis and are not a required part of the financial statements. The supplementary information is the responsibility of Commission management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated October 29, 2021 on our consideration of the Commission's internal control over the Fund's financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control over financial reporting or on compliance related to the Fund. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control over the Fund's financial reporting and compliance. Rancho Cucamonga, California October 29, 2021 2 200 State Transit Assistance Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Balance Sheet June 30, 2021 Assets Cash and investments $ 125,310,375 Accounts receivable 5,025,373 Interest receivable 101,090 Total assets $ 13Q436,838 Liabilities and Fund Balance Liabilities Accounts payable Due to other Commission funds Total liabilities $ 1,822,360 32,300 1,854,660 Fund Balance Restricted allocations available for programming 49,904,299 Restricted for unclaimed allocations 78,677,879 Total fund balance 128,582,178 Total liabilities and fund balance $ 130,436,838 See Notes to Financial Statements. 3 201 State Transit Assistance Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Statement of Revenues, Expenditures and Change in Fund Balance Year Ended June 30, 2021 Revenues: Sales taxes $ 19,494,903 Interest 112,456 Total revenues 19,607,359 Expenditures: Administration 160,230 Transit 10,577,335 Total expenditures 10,737,565 Net change in fund balance 8,869,794 Fund balance, beginning of year 119,712,384 Fund balance, end of year $ 128,582,178 See Notes to Financial Statements. 4 202 State Transit Assistance Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies The Riverside County Transportation Commission (the Commission), in its capacity as the transportation planning agency for the County of Riverside, California (the County), is responsible for administering funds provided through the State Transit Assistance Program, which was created in 1979 under Chapter 161 (SB 620) of the California statutes to provide a second source of Transportation Development Act funding for the development of transit systems. The funds are derived from fuel sales tax revenue and are budgeted through legislation and appropriated to the State Controller's Office (the State) for allocation to local agencies. The accounting policies of the State Transit Assistance Fund (the Fund), a special revenue fund of the Commission, conform to accounting principles generally accepted in the United States as applicable to governmental units. A summary of the Commission's significant accounting policies is as follows: Presentation: The accompanying financial statements of the Fund are intended to present the financial position and the changes in financial position of only that portion of the governmental activities of the Commission that is attributable to the transactions of the Fund of the Commission. They do not purport to, and do not, present fairly the financial position of the Commission or the County as of June 30, 2021 and the related changes in its financial position for the year then ended, in conformity with accounting principles generally accepted in the United States of America. Basis of accounting: In accordance with the requirements for governmental funds, the modified accrual basis of accounting and current resources measurement focus is followed in the Fund. Under this method of accounting, expenditures are recorded when they are expected to be liquidated with expendable available resources, and revenue is recorded when it becomes both measurable and available. "Measurable" means the amount of the transaction can be determined, and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the fiscal year. Those revenues susceptible to accrual include fuel sales tax revenue and interest revenue. Allocations to local agencies: State transit assistance funds are allocated to the operators within the County. Public Utilities Code (PUC) Section 99313 allocates funds to regional transportation planning agencies based on the ratio of area population to state population. PUC Section 99314 allocates funds to public operators based on their share of fares and local support to other operators in the state. The allocations must be made in a resolution adopted by the Commission. Cash and investments: It is the Commission's policy to deposit all funds received in the Riverside County Pooled Investment Fund (RCPIF) or US Bank for investment until the funds are required for disbursement. Interest income is earned while these funds are deposited. Accounts receivable: Accounts receivable consist primarily of fuel sales tax revenues from the State of California not received as of June 30, 2021. 5 203 State Transit Assistance Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies (Continued) Fund balance restrictions: The Fund reports restricted fund balances to show the level of constraint governing the use of the funds as set forth by enabling State legislation. The restricted fund balance for allocations available for programming represents amounts apportioned but not allocated to claimants. The restricted fund balance for unclaimed allocations represents amounts allocated by the Commission and due to claimants but not yet paid, as claimants have not yet provided the appropriate claim documentation to the Commission as of June 30, 2021. Accounts payable: Accounts payable consist primarily of claims approved by the Commission, but not paid by the Commission, to the appropriate transit operators by June 30, 2021. Expenditures: Expenditures represent funds disbursed to transit operators that have met the eligibility requirements to receive State Transit Assistance Program funds per PUC Sections 99313 and 99314. All disbursements are to be used for transit purposes. Note 2. Cash and Investments Cash and investments at June 30, 2021 consist of the following: Cash and investments with RCPIF Commission operating investment pool Cash in bank $ 114,175,843 11,129,418 5,114 $ 125,310,375 The funds in the RCPIF are pooled with those of other entities in the RCPIF and invested in accordance with the County's investment policy. The funds in the Commission's operating investment pool are pooled with those of other Commission operating funds and invested in accordance with the Commission's investment policy. These pooled funds are carried at fair value. Investments in U.S.Treasury, federal agency, mortgage and asset -backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. The pooled funds are not subject to level 1, 2 or 3 of the fair value hierarchy prescribed by Governmental Accounting Standards Board Statement No. 72, Fair Value Measurement and Application. The Commission is a voluntary participant in the RCPIF. An Investment Oversight Committee has been established by the County, which acts as a regulator of the RCPIF. As of June 30, 2021, the Fund had $114,175,843 invested in the RCPIF, with a weighted average maturity of 420 days, and $11,129,418 invested in the Commission operating investment pool. Additional information on investment types, fair value measurement and credit risk of the RCPIF and the Commission operating investment pool may be obtained from the County of Riverside Treasurer -Tax Collector located at 4080 Lemon Street, 4th Floor, Riverside, California 92502 or by visiting the Treasurer -Tax Collector website at www.countytreasurer.org and the notes to the Commission's basic financial statements included in the Commission's Comprehensive Annual Financial Report, respectively. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the California Government Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. 6 204 State Transit Assistance Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 2. Cash and Investments (Continued) Credit risk: As of June 30, 2021 the Commission's investment in the RCPIF was rated Aaa/bf by Moody's Investors Service and AAAf/S1 by Fitch Ratings. The Commission's investment policy only requires credit quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers' acceptances, and certificates of deposit. Note 3. Fund Balance At June 30, 2021, amounts are restricted for apportioned and unallocated amounts and for unpaid allocations by geographic area. For Western County transit programs, commuter rail and bus allocations are in accordance with the Commission's policy. Restricted for allocations available for programming: Western County: Commuter rail $ 28,228,960 Bus 19,987,678 Coachella Valley: Bus 1,555,239 Palo Verde Valley 132,422 49,904,299 Restricted for unclaimed allocations: Western County: Commuter rail 8,920,093 City of Banning 1,499,571 City of Beaumont 3,660,444 City of Corona 1,190,822 City of Riverside 281,901 Riverside Transit Agency 53,018,684 Coachella Valley: SunLine Transit Agency 10,010,180 Palo Verde Valley: Palo Verde Valley Transit Agency 96,184 78,677,879 Total fund balance $ 128,582,178 7 205 Supplementary Information 206 State Transit Assistance Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Schedule of Allocations and Disbursements Approved During the Year Year Ended June 30, 2021 Recipient Western County: City of Banning City of Beaumont City of Corona City of Riverside Riverside Transit Agency Current Year Allocation $ 509,278 1,166,463 280,300 139,728 84,403 Amount Disbursed $ 134,213 897,952 15,170 161,476 593,405 Total Western County 2,180,172 Coachella Valley: SunLine Transit Agency Rail Program Total Coachella Valley 2,968,598 672,000 3,640,598 California Code of Regulations Section No. Reference 6731 6731 6731 6731 6730 1,802,216 7,880,731 6730 672,000 6730 8,552,731 222,388 6730 160,230 Palo Verde Valley Transit Agency 236,300 Other $ 6,057,070 $ 10,737,565 8 207 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the State Transit Assistance Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated October 29, 2021. Our report included an emphasis of matter paragraph indicating that the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021, and the changes in its financial position for the year ended in accordance with accounting principles generally accepted in the United States of America. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over the Fund's financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control related to the Fund. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control related to the Fund. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Fund's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit, we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 9 What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;(�7130-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the Fund's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance as it relates to the Fund. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance related to the Fund. Accordingly, this communication is not suitable for any other purpose. Rancho Cucamonga, California October 29, 2021 10 209 ATTACHMENT 4 State of Good Repair Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Financial and Compliance Reports Year Ended June 30, 2021 EideBailly® eidebailly.com 210 Contents Independent Auditor's Report 1-2 Financial Statements Balance Sheet Statement of Revenues, Expenditures and Change in Fund Balance Notes to Financial Statements 3 4 5-7 Supplementary Information Schedule of Allocations and Disbursements Approved During the Year 8 Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 9-10 211 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the State of Good Repair Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Fund's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the Fund's financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Fund of the County of Riverside, California, as administered by the Commission, as of June 30, 2021, and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;77'30-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1, the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021 and the changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Management has omitted management's discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the financial statements. Such missing information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic or historical context. Our opinion on the financial statements is not affected by this missing information. Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Fund's financial statements. The schedule listed in the table of contents as supplementary information is presented for purposes of additional analysis and is not a required part of the financial statements. The supplementary information is the responsibility of Commission management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated October 29, 2021 on our consideration of the Commission's internal control over the Fund's financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control over financial reporting or on compliance related to the Fund. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control over the Fund's financial reporting and compliance. Rancho Cucamonga, California October 29, 2021 2 213 State of Good Repair Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Balance Sheet June 30, 2021 Assets Cash and investments Accounts receivable Interest receivable Total assets Liabilities and Fund Balance $ 10,923,072 688,144 7,167 $ 11,618,383 Liabilities Accounts payable Due to other Commission funds Total liabilities Fund Balance Restricted allocations available for programming Restricted for unclaimed allocations Total fund balance Total liabilities and fund balance See Notes to Financial Statements. $ 241,459 13,200 254,659 3,173,154 8,190,570 11,363,724 $ 11,618,383 3 214 State of Good Repair Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Statement of Revenues, Expenditures and Change in Fund Balance Year Ended June 30, 2021 Revenues: Sales taxes $ 4,082,032 Interest 7,400 Total revenues 4,089,432 Expenditures: Administration 33,600 Transit 1,780,054 Total expenditures 1,813,654 Net change in fund balance 2,275,778 Fund balance, beginning of year 9,087,946 Fund balance, end of year $ 11,363,724 See Notes to Financial Statements. 4 215 State of Good Repair Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies The Riverside County Transportation Commission (the Commission), in its capacity as the transportation planning agency for the County of Riverside, California (the County), is responsible for administering funds provided through the State of Good Repair Program, which was created in 2017 under Chapter 5, (SB 1) of the California statutes to provide additional revenues for transit infrastructure repair and service improvements. The funds are derived from fuel sales tax and vehicle fee revenues and are budgeted through legislation and appropriated to the State Controller's Office (the State) for allocation to local agencies based on the State Transit Assistance formula. The accounting policies of the State of Good Repair Fund (the Fund), a special revenue fund of the Commission, conform to accounting principles generally accepted in the United States as applicable to governmental units. A summary of the Commission's significant accounting policies is as follows: Presentation: The accompanying financial statements of the Fund are intended to present the financial position and the changes in financial position of only that portion of the governmental activities of the Commission that is attributable to the transactions of the Fund of the Commission. They do not purport to, and do not, present fairly the financial position of the Commission or the County as of June 30, 2021 and the related changes in its financial position for the year then ended, in conformity with accounting principles generally accepted in the United States of America. Basis of accounting: In accordance with the requirements for governmental funds, the modified accrual basis of accounting and current resources measurement focus is followed in the Fund. Under this method of accounting, expenditures are recorded when they are expected to be liquidated with expendable available resources, and revenue is recorded when it becomes both measurable and available. "Measurable" means the amount of the transaction can be determined, and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the fiscal year. Those revenues susceptible to accrual include fuel sales tax, vehicle fee, and interest revenue. Allocations to local agencies: State of Good Repair funds are allocated to the operators within the County. Public Utilities Code (PUC) Section 99313 allocates funds to regional transportation planning agencies based on the ratio of area population to state population. PUC Section 99314 allocates funds to public operators based on their share of fares and local support to other operators in the state. The allocations must be made in a resolution adopted by the Commission. Cash and investments: It is the Commission's policy to deposit all funds received in the Riverside County Pooled Investment Fund (RCPIF) for investment until the funds are required for disbursement. Interest income is earned while these funds are deposited. Accounts receivable: Accounts receivable consist primarily of fuel sales tax and vehicle fee revenues from the State of California not received as of June 30, 2021. Due to other Commission funds: Due to other Commission funds represents payables from the State of Good Repair program to the Commission for commuter rail expenditures as of June 30, 2021. 5 216 State of Good Repair Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 1. Nature of Operations and Significant Accounting Policies (Continued) Fund balance restrictions: The Fund reports restricted fund balances to show the level of constraint governing the use of the funds as set forth by enabling State legislation. The restricted fund balance for allocations available for programming represents amounts apportioned but not allocated to claimants. The restricted fund balance for unclaimed allocations represents amounts allocated by the Commission and due to claimants but not yet paid, as claimants have not yet provided the appropriate claim documentation to the Commission as of June 30, 2021. Expenditures: Expenditures represent funds disbursed to transit operators that have met the eligibility requirements to receive State of Good Repair Program funds per PUC Sections 99313 and 99314. All disbursements are to be used for transit purposes. Note 2. Cash and Investments Cash and investments at June 30, 2021 consist of the following: Cash and investments with RCPIF Cash in bank $ 10,922,971 101 $ 10,923,072 The funds in the RCPIF are pooled with those of other entities in the RCPIF and invested in accordance with the County's investment policy. The funds with the custodian are pooled with those of other Commission operating funds and invested in accordance with the Commission's investment policy. These pooled funds are carried at fair value. Investments in U.S.Treasury, federal agency, mortgage and asset - backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. The pooled funds are not subject to level 1, 2 or 3 of the fair value hierarchy prescribed by Governmental Accounting Standards Board Statement No. 72, Fair Value Measurement and Application. The Commission is a voluntary participant in the RCPIF. An Investment Oversight Committee has been established by the County, which acts as a regulator of the RCPIF. As of June 30, 2021, the Fund had $10,922,971 invested in the RCPIF, with a weighted average maturity of 420 days. Additional information on investment types, fair value measurement and credit risk of the RCPIF may be obtained from the County of Riverside Treasurer -Tax Collector located at 4080 Lemon Street, 4th Floor, Riverside, California 92502 or by visiting the Treasurer -Tax Collector website at www.countytreasurer.org. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the California Government Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. Credit risk: As of June 30, 2021 the Commission's investment in the RCPIF was rated Aaa/bf by Moody's Investors Service and AAAf/S1 by Fitch Ratings. The Commission's investment policy only requires credit quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers' acceptances, and certificates of deposit. 6 217 State of Good Repair Fund of the County of Riverside as Administered by the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 Note 3. Fund Balance At June 30, 2021, amounts are restricted for apportioned and unallocated amounts and for unpaid allocations by geographic area. For Western County transit programs, commuter rail and bus allocations are in accordance with the Commission's policy. Restricted for allocations available for programming: Western County: Bus $ 2,300,656 Coachella Valley 825,912 Palo Verde Valley 46,586 3,173,154 Restricted for unclaimed allocations: Western County: Commuter rail 906,330 City of Banning 36,600 City of Beaumont 221,899 City of Corona 296,883 City of Riverside 395,899 Riverside Transit Agency 4,810,945 Coachella Valley: SunLine Transit Agency 1,513,933 Palo Verde Valley: Palo Verde Valley Transit Agency 8,081 8,190,570 Total fund balance $ 11,363,724 7 218 Supplementary Information 219 State of Good Repair Fund of the County of Riverside, as Administered by the Riverside County Transportation Commission Schedule of Allocations and Disbursements Approved During the Year Year Ended June 30, 2021 California Code of Regulations Current Year Amount Section No. Recipient Allocation Disbursed Reference Western County: City of Banning $ 80,600 $ 120,047 6731 City of Beaumont 155,421 6731 City of Corona 150,646 6731 City of Riverside 100,652 6731 Riverside Transit Agency 1,949,234 723,002 6730 Commission Commuter Rail Program 906,330 825,203 6730 Total Western County 3,342,883 1,668,252 SunLine Transit Agency 779,796 47,170 6730 Palo Verde Valley Transit Agency 36,955 64,632 6730 Other 33,600 $ 4,159,634 $ 1,813,654 8 220 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the State of Good Repair Fund (the Fund) of the County of Riverside, California, as administered by the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated October 29, 2021. Our report included an emphasis of matter paragraph indicating that the financial statements present only the Fund and do not purport to, and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of June 30, 2021, and the changes in its financial position for the year ended in accordance with accounting principles generally accepted in the United States of America. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over the Fund's financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control related to the Fund. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control related to the Fund. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Fund's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit, we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 9 What inspires you, inspires11 us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;Ti30-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the Fund's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance as it relates to the Fund. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance related to the Fund. Accordingly, this communication is not suitable for any other purpose. Rancho Cucamonga, California October 29, 2021 10 222 ATTACHMENT 5 Proposition 1 B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Financial and Compliance Reports Years Ended June 30, 2021 and 2020 EideBailly® eidebailly.com 223 Contents Independent Auditor's Report 1-2 Financial Statements Balance Sheets 3 Statements of Revenues, Expenditures and Change in Fund Balance 4 Notes to Financial Statements 5-7 Supplementary Information Combining Balance Sheets —By Project 8-9 Combining Statements of Revenues, Expenditures and Change in Account Fund Balance —By Project 10-11 Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 12-13 224 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the Proposition 1B Rehabilitation, Safety and Security Project Accounts (the Accounts), Accounts of the Riverside County Transportation Commission (Commission), as of and for the years ended June 30, 2021 and 2020, and the related notes to the financial statements, which collectively comprise the Accounts' basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the Accounts financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Accounts. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the Accounts of the Commission as of June 30, 2021 and 2020, and the changes in financial position for the years then ended, in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspiresrr�� us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;ii30-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1 to the financial statements, the financial statements present only the Accounts and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021 and 2020, and the respective changes in financial position for the years then ended, in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Management has omitted management's discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the financial statements. Such missing information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic or historical context. Our opinion on the financial statements is not affected by this missing information. Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Accounts' financial statements. The statements listed in the table of contents as supplementary information are presented for purposes of additional analysis and are not a required part of the financial statements. The supplementary information is the responsibility of Commission management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated October 29, 2021 on our consideration of the Commission's internal control over the Accounts' financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control over financial reporting or on compliance related to the Accounts. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Commission's internal control over the Accounts' financial reporting and compliance. Rancho Cucamonga, California October 29, 2021 2 226 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Balance Sheets June 30, 2021 and 2020 2021 2020 Assets PTMISEA PTMISEA Cash and investments in Riverside County Pooled Investment Fund $ 1,254,960 $ 2,498,454 Interest receivable 732 5,888 Total assets $ 1,255,692 $ 2,504,342 Liabilities and Fund Balance Liabilities Accounts payable $ 225,167 $ Total liabilities 225,167 Fund Balance Restricted: Rail projects Total fund balance Total liabilities and fund balance See Notes to Financial Statements. 1,030,525 2,504,342 1,030,525 2,504,342 $ 1,255,692 $ 2,504,342 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Statements of Revenues, Expenditures and Change in Fund Balance Years Ended June 30, 2021 and 2020 2021 2020 PTMISEA PTMISEA Revenues: Interest $ 7,785 $ 46,999 Total revenues 7,785 46,999 Expenditures: Rail 1,481,602 483,468 Net change in account fund balance (1,473,817) (436,469) Fund balance, beginning of year 2,504,342 2,940,811 Fund balance, end of year $ 1,030,525 $ 2,504,342 See Notes to Financial Statements. 4 228 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 and 2020 Note 1. Nature of Operations and Summary of Significant Accounting Policies Nature of operations: On November 7, 2006, the voters of California approved the Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006 (Proposition 1 B). Proposition 1B included a state program of funding in the amount of $4 billion and $1 billion to be deposited in the Public Transportation Modernization, Improvement, and Service Enhancement Account (PTMISEA) and Transit System Safety, Security, and Disaster Response Account (TSSSDRA), respectively. The California Transit Security Grant Program —California Transit Assistance Fund (CTSGP-CTAF) is a TSSSDRA program. The PTMISEA funds, which are administered by the California Department of Transportation (Caltrans), and the CTSGP- CTAF funds, which are administered by the California Emergency Management Agency (CaIEMA), are made available to project sponsors in California for eligible public transportation projects and related security and safety projects, respectively. The Riverside County Transportation Commission (the Commission) owns and operates nine commuter rail stations and a transit center in Riverside County (the County). As a project sponsor, the Commission has applied for and obtained approval for PTMISEA and CTSGP-CTAF funds for various projects related to its commuter rail stations. These funds are accounted for in the Measure A Western County Rail and Coachella Valley Station Development Special Revenue Funds in project accounts (the Accounts). The revenue to the Accounts is derived from allocations approved by the Controller of the State of California (the Controller). The accounting policies of the Commission conform to accounting principles generally accepted in the United States of America as applicable to governmental units. A summary of the Commission's significant accounting policies is as follows: Presentation: The accompanying financial statements of the Accounts are intended to present the financial position and the changes in financial position of only that portion of the governmental activities of the Commission that is attributable to the transactions of the PTMISEA and CTSGP-CTAF Accounts of the Commission. They do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021 and 2020 and the changes in its financial position for the years then ended, in conformity with accounting principles generally accepted in the United States of America. Basis of accounting: In accordance with the requirements for governmental funds, the modified accrual basis of accounting is followed in the PTMISEA and CTSGP-CTAF Accounts. Under the modified accrual basis of accounting, expenditures are recorded when they are expected to be liquidated with expendable available resources, and revenue is recorded when it becomes both measurable and available. "Measurable" means the amount of the transaction can be determined, and "available" means collectible within the current period, or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the current fiscal period. Those revenues susceptible to accrual include PTMISEA and CTSGP- CTAF allocations and interest revenue. For the years ended June 30, 2021 and 2020, the Commission did not recognize an allocation of revenues, respectively, for the Station Rehabilitation and Coachella Valley Station Development, or Station Security projects. 5 229 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 and 2020 Note 1. Nature of Operations and Summary of Significant Accounting Policies (Continued) Funding: Project sponsors may submit applications for funding of eligible transit capital projects to Caltrans or CaIEMA, which approve projects for funding related to PTMISEA and CTSGP-CTAF, respectively. PTMISEA eligible projects include rehabilitation, safety or modernization improvements; capital service enhancements or expansions; new capital projects; bus rapid transit improvements; and rolling stock procurement, rehabilitation, expansion or replacement. CTSGP-CTAF eligible projects include capital projects that provide increased protection against a security or safety threat; increase the capacity of transit operators to prepare for disaster -response transportation systems to move people, goods, emergency personnel and equipment in the aftermath of a disaster; and other allowable costs under California Government Code 16727(a). The Controller will disburse funds upon receipt of the approved PTMISEA and CTSGP-CTAF projects. Funds must be encumbered within three years of receipt and must be expended within three years of being encumbered. Cash: It is the Commission's policy to deposit all funds received in the Riverside County Pooled Investment Fund (RCPIF) for investment until the funds are required for disbursement. Interest income is earned while these funds are deposited. Fund balance restrictions: The Accounts report restricted account fund balances to show the level of constraint governing the use of the funds. Restricted account fund balances are restricted for specific purposes by third parties. Expenditures: Expenditures represent rail capital projects as identified in PTMISEA and CTSGP-CTAF applications submitted by the Commission. For the year ended June 30, 2021, the Commission incurred qualifying expenditures of $1,481,602 for the Coachella Valley Station Development project. For the year ended June 30, 2020, the Commission incurred qualifying expenditures of $144,549 for the Station Rehabilitation project and $338,919 for the Coachella Valley Station Development project, for a total of $483,468. Note 2. Cash and Investments With County Treasurer The funds in the RCPIF are pooled with those of other entities and invested in accordance with the County's investment policy. These pooled funds are carried at fair value. Investments in U.S.Treasury, federal agency, mortgage and asset -backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. The pooled funds are not subject to level 1, 2 or 3 of the fair value hierarchy prescribed by Governmental Accounting Standards Board Statement No. 72, Fair Value Measurement and Application. The Commission is a voluntary participant in the pool. An Investment Oversight Committee has been established by the County, which acts as a regulator of the pool. 6 230 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 and 2020 Note 2. Cash and Investments With County Treasurer (Continued) As of June 30, 2021 and 2020, the Account has $1,254,960 and $2,498,454, respectively, included in the Commission's investment with the RCPIF, with an average maturity of 420 days and 409 days, respectively. Additional information on investment types, fair value measurement and credit risk of the RCPIF may be obtained from the County of Riverside Treasurer -Tax Collector located at 4080 Lemon Street, 4th Floor, Riverside, California 92502 or by visiting the Treasurer -Tax Collector website at www.countytreasurer.org. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the California Government Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. Credit risk: As of June 30, 2021 and 2020 the Commission's investment in the RCPIF was rated Aaa/bf by Moody's Investors Service and AAAf/S1 by Fitch Ratings. The Commission's investment policy only requires credit quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers' acceptances, and certificates of deposit. 7 231 Supplementary Information 232 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Combining Balance Sheet —By Project June 30, 2021 PTMISEA Coachella Valley Assets Station Development Cash and investments in Riverside County Pooled Investment Fund $ 1,254,960 Interest receivable 732 Total assets $ 1,255,692 Liabilities and Fund Balance Liabilities Accounts payable $ 225,167 Total liabilities 225,167 Account Fund Balance Fund Balance Restricted: Rail projects 1,030,525 Total fund balance 1,030,525 Total liabilities and fund balance $ 1,255,692 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Combining Balance Sheet —By Project, Continued June 30, 2020 PTMISEA Station Coachella Valley Assets Rehabilitation Station Development Total Cash and investments in Riverside County Pooled Investment Fund $ - $ 2,498,454 $ 2,498,454 Interest receivable 5,888 5,888 Total assets $ $ 2,504,342 $ 2,504,342 Liabilities and Fund Balance Liabilities Accounts payable Total liabilities $ $ $ Fund Balance Restricted: Rail projects 2,504,342 2,504,342 Total fund balance 2,504,342 2,504,342 Total liabilities and fund balance $ $ 2,504,342 $ 2,504,342 9 234 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Combining Statement of Revenues, Expenditures and Change in Fund Balance —By Project Year Ended June 30, 2021 PTMISEA Coachella Valley Station Development Revenues: Interest Total revenues Expenditures: Rail Net change in fund balance $ 7,785 7,785 1,481,602 (1,473,817) Fund balance, beginning of year 2,504,342 Fund balance, end of year $ 1,030,525 21 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts of the Riverside County Transportation Commission Combining Statement of Revenues, Expenditures and Change in Fund Balance —By Project, Continued Year Ended June 30, 2020 PTMISEA Station Coachella Valley Rehabilitation Station Development Total Revenues: Interest $ 1,497 $ 45,502 $ 46,999 Total revenues 1,497 45,502 46,999 Expenditures: Rail 144,549 338,919 483,468 Net change in account fund balance (143,052) Fund balance, beginning of year 143,052 Fund balance, end of year $ $ 2,504,342 $ 2,504,342 (293,417) (436,469) 2,797,759 2,940,811 21316 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Proposition 1B Rehabilitation, Safety and Security Project Accounts (the Accounts), Accounts of the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated October 29, 2021. Our report included an emphasis of matter paragraph indicating that the financial statements present only the Accounts and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021, and the changes in its financial position for the year ended in accordance with accounting principles generally accepted in the United States of America. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over the Accounts' financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control related to the Accounts. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control related to the Accounts. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Accounts' financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit, we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 12 What inspires you, inspires77 us. eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;730-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the Accounts' financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the Accounts' financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance as it relates to the Accounts. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance related to the Accounts. Accordingly, this communication is not suitable for any other purpose. Rancho Cucamonga, California October 29, 2021 13 238 ATTACHMENT 6 Low Carbon Transit Operations Program Account, an Account of the Riverside County Transportation Commission Financial and Compliance Reports Years Ended June 30, 2021 and 2020 EideBailly® eidebailly.com 239 Contents Independent Auditor's Report 1-2 Financial Statements Balance Sheets 3 Statements of Revenues, Expenditures and Change in Fund Balance 4 Notes to Financial Statements 5-6 Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 7-8 240 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the Low Carbon Transit Operations Program (LCTOP) Account, an Account of the Riverside County Transportation Commission (Commission), as of and for the years ended June 30, 2021 and 2020, and the related notes to the financial statements, which collectively comprise the LCTOP Account financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the LCTOP Account's financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the LCTOP Account. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the LCTOP Account of the Commission as of June 30, 2021 and 2020, and the changes in financial position for the years then ended, in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;471130-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1 to the financial statements, the financial statements present only the LCTOP Account and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021 and 2020 and the changes in financial position for the years then ended, in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Management has omitted management's discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the financial statements. Such missing information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic or historical context. Our opinion on the financial statements is not affected by this missing information. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated October 29, 2021 on our consideration of the Commission's internal control over the LCTOP Account's financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control over financial reporting or on compliance related to the LCTOP Account. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control over the LCTOP Account's financial reporting and compliance. ,741 Rancho Cucamonga, California October 29, 2021 2 242 Low Carbon Transit Operations Program Account, an Account of the Riverside County Transportation Commission Balance Sheets June 30, 2021 and 2020 2021 2020 Assets Cash and investments in Riverside County Pooled Investment Fund Accounts receivable Total assets $ 1,084,311 $ - 1,081,302 $ 1,084,311 $ 1,081,302 Liabilities and Fund Balance Liabilities Accounts payable $ 1,084,311 $ Total liabilities 1,084,311 Fund Balance Restricted: Rail operations Total fund balance Total liabilities and fund balance See Notes to Financial Statements. 1,081,302 1,081,302 $ 1,084,311 $ 1,081,302 Low Carbon Transit Operations Program Account, an Account of the Riverside County Transportation Commission Statements of Revenues, Expenditures and Change in Fund Balance Years Ended June 30, 2021 and 2020 2021 2020 Revenues: State allocations Interest Total revenues $ 3,009 $ 1,081,302 10,994 3,009 1,092,296 Expenditures: Rail 1,084,311 1,507,722 Net change in fund balance Fund balance, beginning of year Fund balance, end of year See Notes to Financial Statements. (1,081,302) (415,426) 1,081,302 1,496,728 $ - $ 1,081,302 Low Carbon Transit Operations Program Account, an Account of the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 and 2020 Note 1. Nature of Operations and Summary Significant Accounting Policies Nature of Operations: In 2014, the California Legislature established Senate Bill 862 (SB 862), Low Carbon Transit Operations Program (LCTOP), one of several programs that is part of the Transit, Affordable Housing, and Sustainable Communities Program. LCTOP was created to provide operating and capital assistance for transit agencies to reduce greenhouse gas emissions and improve mobility, with a priority on serving disadvantaged communities. For agencies whose service area includes disadvantaged communities, at least 50 percent of the total moneys received shall be expended on projects that will benefit disadvantaged communities. The accounting policies of the Riverside County Transportation Commission (Commission) conform to accounting principles generally accepted in the United States as applicable to governmental units. A summary of the Commission's significant accounting policies is as follows: Presentation: The accompanying financial statements of the LCTOP Account are intended to present the financial position and the changes in financial position of only that portion of the governmental activities of the Commission that is attributable to the transactions of the LCTOP Account of the Commission. They do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021 and 2020 and the changes in its financial position for the years then ended, in conformity with accounting principles generally accepted in the United States of America. Basis of accounting: In accordance with the requirements for governmental funds, the modified accrual basis of accounting is followed in the LCTOP Account. Under the modified accrual basis of accounting, expenditures are recorded when they are expected to be liquidated with expendable available resources, and revenue is recorded when it becomes both measurable and available. "Measurable" means the amount of the transaction can be determined, and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if they are collected within 180 days of the end of the current fiscal period. Those revenues susceptible to accrual include LCTOP Account allocations and interest revenue. For the years ended June 30, 2021 and 2020 the Commission recognized revenues related to an allocation of $0 and $1,081,302, respectively, for the Perris Valley Line station operations and rehabilitation. Funding: Project sponsors may submit expenditure proposals for funding of LCTOP to Caltrans and the California Air Resources Board to determine compliance with the requirements of SB 862 and the LCTOP guidelines. Caltrans submits a final list of approved expenditures to the State Controller's Office, and the approved amounts of funds will be available for release, not to exceed 75 percent of each eligible recipient's share of the full appropriation, with the remaining 25 percent available for release by fiscal year end. Cash: It is the Commission's policy to deposit all funds received in the Riverside County Pooled Investment Fund (RCPIF) for investment until the funds are required for disbursement. Interest income is earned while these funds are deposited. Fund balance restrictions: The LCTOP Account reports restricted account fund balance to show the level of constraint governing the use of the funds. Restricted account fund balances are restricted for specific purposes by third parties. Expenditures: Expenditures represent rail operations as identified in the LCTOP application submitted by the Commission. For the years ended June 30, 2021 and 2020, the Commission incurred qualifying expenditures of $1,084,311 and $1,507,722, respectively, for the Perris Valley Line station operations and rehabilitation. 25 Low Carbon Transit Operations Program Account, an Account of the Riverside County Transportation Commission Notes to Financial Statements June 30, 2021 and 2020 Note 2. Cash and Investments with County Treasurer The funds in the RCPIF are pooled with those of other entities and invested in accordance with the County's investment policy. These pooled funds are carried at fair value. Investments in U.S.Treasury, federal agency, mortgage and asset -backed, municipal, corporate, negotiable certificates of deposit, and commercial paper securities are carried at fair value based on quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price. The pooled funds are not subject to level 1, 2 or 3 of the fair value hierarchy prescribed by Governmental Accounting Standards Board Statement No. 72, Fair Value Measurement and Application. The Commission is a voluntary participant in the pool. An Investment Oversight Committee has been established by the County, which acts as a regulator of the pool. As of June 30, 2021 and 2020, the LCTOP Account has $1,084,311 and $0, respectively, in the Commission's investment with the RCPIF, with an average maturity of 420 days and 409 days, respectively. Additional information on investment types, fair value measurement and credit risk of the RCPIF may be obtained from the County of Riverside Treasurer -Tax Collector located at 4080 Lemon Street, 4th Floor, Riverside, California 92502 or by visiting the Treasurer -Tax Collector website at www.countytreasurer.org. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the California Government Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. Credit risk: As of June 30, 2021 and 2020 the Commission's investment in the RCPIF was rated Aaa/bf by Moody's Investors Service and AAAf/S1 by Fitch Ratings. The Commission's investment policy only requires credit quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers' acceptances, and certificates of deposit. 26 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Low Carbon Transit Operations Program (LCTOP) Account, an Account of the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated October 29, 2021. Our report included an emphasis of matter indicating that the financial statements present only the LCTOP Account and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021 and the changes in its financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over the LCTOP Account's financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control related to the LCTOP Account. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control related to the LCTOP Account. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the LCTOP Account financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit, we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 7 What inspires you, inspires77 us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;4730-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the LCTOP Account financial statements are free from material misstatement, we performed tests of the Commission's compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the LCTOP Account financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance as it relates to the LCTOP Account. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance related to the LCTOP Account. Accordingly, this communication is not suitable for any other purpose. 41'.-/efa", L Rancho Cucamonga, California October 29, 2021 8 248 ATTACHMENT 7 Single Audit Report Fiscal Year Ended June 30, 2021 Riverside County Transportation Commission EideBailly® eidebailly.com 249 Riverside County Transportation Commission Table of Contents Fiscal Year Ended June 30, 2021 Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 1 Independent Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance; and Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance 3 Schedule of Expenditures of Federal Awards 6 Notes to Schedule of Expenditures of Federal Awards 7 Schedule of Findings and Questioned Costs Section I - Summary of Auditor's Results 9 Section II - Financial Statement Findings 10 Section II I - Federal Award Findings and Questioned Costs 11 Summary Schedule of Prior Audit Findings 12 250 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements, and have issued our report thereon dated October 29, 2021. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the Commission's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Commission's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. What inspires you, inspires us. ` eidebailly.com 1 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;�730-3831 T 909.466.4410 F 909.466.4431 EOE Compliance and Other Matters As part of obtaining reasonable assurance about whether the Commission's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Rancho Cucamonga, California October 29, 2021 2 252 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance; and Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance Board of Commissioners Riverside County Transportation Commission Riverside, California Report on Compliance for Each Major Federal Program We have audited the Riverside County Transportation Commission's (Commission) compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on each of the Commission's major federal programs for the year ended June 30, 2021. The Commission's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with federal statutes, regulations, and the terms and conditions of its federal awards applicable to its federal programs. Auditor's Responsibility Our responsibility is to express an opinion on compliance for each of the Commission's major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the Commission's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of the Commission's compliance. What inspires you, inspires us. ` eidebailly.com 3 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA; A0-3831 T 909.466.4410 F 909.466.4431 EOE Opinion on Each Major Federal Program In our opinion, the Commission complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended June 30, 2021. Report on Internal Control over Compliance Management of the Commission is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the Commission's internal control over compliance with the types of requirements that could have a direct and material effect on the major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance We have audited the financial statements of the governmental activities, the business -type activities, each major fund and the aggregate remaining fund information of the Commission as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements. We issued our report thereon dated October 29, 2021, which contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the basic financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by the Uniform Guidance and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. 4 254 The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the schedule of expenditures of federal awards is fairly stated in all material respects in relation to the basic financial statements as a whole. Rancho Cucamonga, California October 29, 2021 5 255 Riverside County Transportation Commission Schedule of Expenditures of Federal Awards Fiscal Year Ended June 30, 2021 Federal Agency Assistance Listing/ Direct or Passed Direct or Pass -Through Agency CFDA Pass -Through Entity Through to Federal CFDA Program Title or Cluster Number Identifying Number Subrecipients Expenditures U.S. Department of Transportation Passed through California Department of Transportation: Highway Planning and Construction Cluster: Highway Planning and Construction - SR60 Truck Lanes 20.205 CMLN-6054(090) $ $ 17,219,583 Highway Planning and Construction - 115ELP Southern Extension 20.205 CMLN-6054(094) - 4,897,110 Highway Planning and Construction - Pachappa Overcrossing 20.205 FERPLN16-6054(082) - 3,730,984 Highway Planning and Construction - 115 Express Lanes Project 20.205 STPLN-6208(025) - 619,395 Highway Planning and Construction - 115 Express Lanes Project 20.205 CMSTPLN-6054(081) - 500 Highway Planning and Construction - SR91 Corridor Operations Project 20.205 STPLN-6054(098) - 8,575,731 Highway Planning and Construction - SR71/91 Connectors 20.205 HPLU21LN-6054(066) - 162,339 Total Highway Planning and Construction Cluster - 35,205,642 Direct: Transportation Infrastructure Finance and Innovation Act (TIFIA) Program: TIFIA I-15 Express Lanes Project TIFIA 91 Project 20.223 TIFIA-2017-1011A - 147,888,551 20.223 TIFIA-2012-1006A - 421,054,409 Total TIFIA Program - 568,942,960 Passed through California Department of Transportation: High -Speed Rail Corridors and Intercity Passenger Rail Service - Capital Assistance Grants Program: Coachella Valley -San Gorgonio Pass Corridor Investment Plan 20.319 FR-HSR-0130-16-01-00 - 89,691 Direct: Federal Transit Cluster: Federal Transit Capital Investment Grant: Commuter Rail 5 Year Rehab 5309 20.500 CA -05-0268-00 96,324 96,324 Commuter Rail Rehab Final 5309 20.500 CA -05-0283-00 125,842 125,842 Federal Transit Urbanized Area Formula Grant: CMAQ Funds for Perris Valley Line Operations 20.507 CA -95-X339-00 2,487,195 3,289,940 Commuter Rail Pax Upgrades 20.507 CA -90-Z234-00 - 1,674,279 2017 Rail Passenger Upgrades 5307 20.507 CA -2017-112-00 - 1,144,046 COVID-19 - CARES Act: Rail Stations Operating Assistance 5307 20.507 CA -2020-231-00 - 4,833,567 COVID-19 - CARES Act: Vanpool Operating Assistance 5307 20.507 CA -2020-274-00 - 637,455 State of Goods Repair Grants Program: Rail State of Good Repair 5337 20.525 CA -05-0033-00 720,589 1,155,508 Commuter Rail 5 Year Rehab 5309 20.525 CA -2017-121-00 1,688,594 1,688,594 2020 Commuter Rail State of Good Repair 5337 20.525 CA -2020-261-00 7,920,613 7,920,613 Total Federal Transit Cluster 13,039,157 22,566,168 Total Expenditures of Federal Awards $ 13 039 157 $ 626,804,461 See Notes to Schedule of Expenditures of Federal Awards 6 256 Riverside County Transportation Commission Notes to Schedule of Expenditures of Federal Awards Fiscal Year Ended June 30, 2021 Note 1- Basis of Presentation The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the Riverside County Transportation Commission (Commission) under programs of the federal government for the year ended June 30, 2021. The information in this Schedule is presented in accordance with the requirements of Title 2 Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Commission, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Commission. Note 2 - Summary of Significant Accounting Policies Expenditures of governmental funds reported on the Schedule are reported on the modified accrual basis of accounting. Expenses of enterprise funds are reported on the accrual basis of accounting. Such expenditures/expenses are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures/expenses are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures/expenses in the prior years. Note 3 - Direct and Indirect (Pass -Through) Federal Awards Federal awards may be granted directly to the Commission by a federal granting agency or may be granted to other government agencies which pass -through federal awards to the Commission. The Schedule includes both of these types of Federal award programs when they occur. Note 4 - Transportation Infrastructure Finance and Innovation Act (TIFIA) Program Loans In July 2013 and July 2017, the Commission executed TIFIA loan agreements with the United States Department of Transportation in an amount not to exceed $421,054,409 and $152,214,260, respectively, to finance portions of the Commission's 91 Project and 1-15 Express Lanes Project. The TIFIA loans are evidenced by toll revenue bonds of the Commission issued pursuant to the master indentures and supplemental indentures. During construction and for a period of to five years following substantial completion, interest is compounded and added to each respective initial TIFIA loan. The TIFIA loans require mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments related to the 91 Project and 1-15 Express Lanes Project are expected to commence on December 1, 2021, and December 1, 2025, respectively, which is five years after substantial completion of the 91 Project and the 1-15 Express Lanes Project, through June 1, 2051 and June 1, 2055, respectively. The interest rate of each TIFIA loan is 3.47% and 2.84%, respectively. There were $0 and $21,640,547 of 91 Project and 1-15 Express Lanes Project TIFIA loan proceeds, respectively, expended during the fiscal year ended June 30, 2021, and the outstanding loans payable at June 30, 2021 are $503,338,191 and $153,605,519 (which includes accreted interest), respectively. 7 257 Riverside County Transportation Commission Notes to Schedule of Expenditures of Federal Awards Fiscal Year Ended June 30, 2021 Note 5 - Indirect Cost Rate The Commission has not elected to use the 10 -percent de minimis indirect cost rate allowed under the Uniform Guidance. 8 258 Riverside County Transportation Commission Schedule of Findings and Questioned Costs Fiscal Year Ended June 30, 2021 Section I — Summary of Auditor's Results FINANCIAL STATEMENTS Type of auditor's report issued on whether the financial statements audited were prepared in accordance with GAAP: Unmodified Internal control over financial reporting: Material weaknesses identified No Significant deficiencies identified not considered to be material weaknesses None reported Noncompliance material to financial statements noted? No FEDERAL AWARDS Internal control over major federal programs: Material weaknesses identified No Significant deficiencies identified not considered to be material weaknesses None reported Type of auditor's report issued on compliance for major federal programs: Unmodified Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? No Identification of major federal programs: Name of Major Federal Program/Cluster Federal CFDA Number Transportation Infrastructure Finance and Innovation Act (TIFIA) Program Federal Transit Cluster Dollar threshold used to distinguish between type A and typel3 programs: 20.223 20.500, 20.507, 20.525 $1,735,845 Auditee qualified as low -risk auditee? Yes 9 259 Riverside County Transportation Commission Schedule of Findings and Questioned Costs Fiscal Year Ended June 30, 2021 Section II — Financial Statement Findings None identified. 10 260 Riverside County Transportation Commission Schedule of Findings and Questioned Costs Fiscal Year Ended June 30, 2021 Section III — Federal Award Findings and Questioned Costs None identified. 11 261 Riverside County Transportation Commission Summary Schedule of Prior Audit Findings Fiscal Year Ended June 30, 2021 None identified. 12 262 ATTACHMENT 8 Express Lanes RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements For the Year Ended June 30, 2021 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 263 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements For the Year Ended June 30, 2021 Contents Independent Auditor's Report Management's Discussion and Analysis 1 3 Financial Statements Statement of Net Position 8 Statement of Revenues, Expenses and Change in Fund Net Position 9 Statement of Cash Flows 10 Notes to Financial Statements 12 264 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the RCTC 91 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission (the Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 1 What inspires you, inspiresrr�� us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;1730-3831 T 909.466.4410 F 909.466.4431 EOE Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the RCTC 91 Express Lanes Fund of the Commission, as of June 30, 2021, and the changes in financial position and cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Emphasis of Matter As discussed in Note 1, the financial statements present only the RCTC 91 Express Lanes Fund and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021, the changes in its financial position, or, where applicable, its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Rancho Cucamonga, California October 29, 2021 2 266 RCTC 91 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 As management of the RCTC 91 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission, we offer readers of the Fund financial statements this narrative overview and analysis of the Fund's financial activities for the fiscal year ended June 30, 2021. We encourage readers to consider information on financial performance presented in conjunction with the financial statements that begin on page 8. Financial Highlights • At the end of fiscal year (FY) 2020/21, the total net position (deficit) of the Fund was ($285,462,152) and consisted of net investment (deficit) in capital assets of ($333,137,341) and restricted net position of $47,675,189. • Net position (deficit) of ($285,462,152) during FY 2020/21 reflects the position after the fourth full year of toll operations. The eight -mile stretch between Interstate 15 and the Orange/Riverside County line and a tolled direct connector reached substantial completion and opened to motorists on March 20, 2017. • In FY 2020/21, total operating revenues of $46,302,018 include toll, violation penalty, and account fee revenues and Orange County Transportation Authority (OCTA) reimbursements. Total operating expenses of $26,571,944 include roadway and toll systems maintenance, customer service, back -office operations, other support costs, and depreciation and amortization. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the Fund's financial statements. The financial statements are comprised of the Fund financial statements and notes to the financial statements. The statement of net position presents information on all of the Fund's assets, liabilities, and deferred outflows/inflows of resources, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the Fund is improving or deteriorating. The statement of revenues, expenses and changes in fund net position presents information showing how the Fund's net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported for some items that will only result in cash flows in future fiscal periods. The statement of cash flows presents information on the cash flows related to operating, noncapital financing, capital and related financing, and investing activities. The Fund financial statements can be found on pages 8-11 of this report. Notes to the financial statements provide additional information that is essential to a full understanding of the data provided in the financial statements. The notes to the financial statements can be found on pages 12-24 of this report. 91 Express Lanes Financial Analysis As noted previously, net position may serve over time as a useful indicator of the Fund's financial position. At June 30, 2021, the Fund's net position reflected a deficit of $285,462,152. Our analysis below focuses on net position and changes in net position of the Fund's financial activities. 3 267 RCTC 91 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 RCTC 91 Express Lanes Fund Net Position 2021 2020 Current and other assets $ 83,994,079 $ 62,006,444 Restricted assets 88,696,432 81,168,497 Capital assets, net 262,716,444 275,566,724 Total assets 435,406,955 418,741,665 Deferred outflows of resources Total assets and deferred outflows of resources 579,674 937,279 435,986,629 419,678,944 Current liabilities 11,173,191 4,139,061 Long-term liabilities 709,830,638 691,699,524 Total liabilities 721,003,829 695,838,585 Deferred inflows of resources Total liabilities and deferred inflows of resources 444,952 72,415 721,448,781 695,911,000 Net position Net investment in capital assets (333,137,341) (320,213,988) Restricted 47,675,189 43,981,932 Total net position (deficit) $ (285,462,152) $ (276,232,056) FY 2020/21 represents the fourth full year of toll operations for the Fund. Total assets and deferred outflows of resources increased $16,307,685, or 4%, due to primarily to increases in cash and investments related to operations. Total liabilities and deferred inflows of resources increased $25,537,781 or 4%, primarily due to increases in toll supported long-term debt related to accreted and compounded interest. The Fund's net investment in capital assets reflects a deficit of $333,137,341 and represents (117%) of the total net position (deficit) in FY 2020/21. The Fund's net position reflects its investment in capital assets (i.e., land and land improvements; buildings; toll infrastructure; equipment, furniture and fixtures; transponders; and toll facility franchise), less any related outstanding debt used to acquire these assets. The Fund uses these capital assets, which include intangible assets, to provide improved mobility for the Fund customers and commuters along the State Route (SR) -91 corridor. Restricted net position, representing resources subject to external restrictions on how they may be used, was $47,675,189 and represents 17% of the total net position at June 30, 2021. The analysis below focuses on the changes in net position. 4 268 RCTC 91 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 RCTC 91 Express Lanes Fund Changes in Net Position 2021 2020 Operating revenues Toll, penalties, and fees Total operating revenues Operating expenses Management and operational services Administrative overhead Other operating expenses Professional services General and administrative Depreciation and amortization Total operating expenses Operating income Nonoperating revenues (expenses) Investment income Interest expense Gain (loss) on sale of capital assets Total nonoperating revenues (expenses) Income before transfers Transfers from (to) the Commission, net Change in net position Total net position at beginning of year (deficit) Total net position at end of year (deficit) $ $ 46,302,018 46,302,018 10,527,308 875,400 2,176,684 1,349,767 874,718 10,768,067 26,571,944 19,730,074 323,792 (29,739,388) 1,100,189 $ 56,440,369 56,440,369 10,288,241 912,800 960,208 1,341,747 249,768 10,784,109 24,536,873 31,903,496 3,896,708 (28,855,679) (6,569,606) (28,315,407) (31,528,577) (8,585,333) 374,919 (644,763) (2,010,675) (9,230,096) (1,635,756) (276,232,056) (274,596,300) (285,462,152) $ (276,232,056) The Fund's total operating revenues decreased $10,138,351, or 18%, due to decreased traffic volumes resulting from the COVID-19 pandemic. As a result of the COVID-19 pandemic, the 91 Express Lanes temporarily suspended account fees and stopped the escalation of outstanding violations to the collection agency, which resumed October 1, 2020. Total operating expenses increased $2,035,071, or 8%, due to increases in various operations costs. Nonoperating expenses, net decreased $3,213,170, or 10%, primarily due to gain on the sale of excess land purchased for the 91 Project offset by the increase in interest expense and decrease in investment income. Net transfers to the Commission decreased by $1,365,912 as a result of a decrease in the transfer of surplus funds to fund the 15/91 5 269 RCTC 91 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 Express Lanes Connector and 91 Corridor Operations projects, offset by the transfer of capital assets to the Commission's 15 Express Lanes Enterprise fund. Total traffic volume on the RCTC 91 Express Lanes Fund during FY 2020/21 was approximately 13,026,000 trips compared to 13,119,000 trips in FY 2019/20. Capital Assets As of June 30, 2021, the Fund had $262,716,444, net of accumulated depreciation and amortization, invested in a broad range of capital assets including: land and land improvements; buildings; toll infrastructure comprised of communication equipment and computer hardware and software; equipment, furniture and fixtures; toll facility franchise; and transponders. The decrease of $12,850,280, or 5%, was due to the sale of excess land, transfer of capital assets to the Commission's 15 Express Lanes Enterprise Fund, and the depreciation and amortization of the Fund's toll infrastructure, toll facility franchise, and other capital assets. RCTC 91 Express Lanes Fund Capital Assets, Net of Depreciation 2021 2020 Land and land improvements $ 25,049,606 $ 29,215,720 Toll infrastructure 4,766,012 10,247,830 Toll facility franchise 229,757,117 234,779,131 Transponders 87,888 178,652 Development in progress 2,417,207 Buildings 626,521 1,124,381 Equipment, furniture, and fixtures 12,093 21,010 Total capital assets, net $ 262,716,444 $ 275,566,724 More detailed information about the Fund's capital assets is presented in note 4 to the financial statements. Debt Administration As of June 30, 2021, the Fund had $713,554,311 outstanding in toll revenue bonds, including a toll revenue bond in the form of a Transportation Innovation Finance and Infrastructure Act (TIFIA) loan. The increase of $22,567,179, or 3%, is due to the compounded and accreted interest on the toll -supported long-term debt. RCTC 91 Express Lanes Fund Outstanding Debt 2021 2020 Toll revenue bonds TIFIA loan Total outstanding debt $ 210,216,120 503, 338,191 $ 713,554,311 $ 204,647,796 486,339,336 $ 690,987,132 Additional information on long-term debt can be found in note 6 to the financial statements. 6 270 RCTC 91 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 Economic and Other Factors The Fund makes up $42,542,200 or 6% of Commission's FY 2021/22 revenue budget. In FY 2021/22, toll and non - toll revenues are forecasted to increase by 51 % over the FY 2020/21 budget. This increase is based on estimated toll transactions and current traffic and revenue data resulting from the anticipated recovery from the COVID-19 pandemic in the prior year. The RCTC 91 Express Lanes have exceeded initial financing expectations, and the Commission's traffic consultant updated the investment grade and traffic and revenue study in December 2018. The average projected long-term rate of growth for toll road revenues beyond FY 2021/22 is 4.7%. The majority of expenses related to the Fund within FY 2021/22 budget are on -going general costs related to day-to- day operations of the toll facility. As a fully electronic toll facility, motorists pay tolls through the convenient use of FasTrak® transponders that automatically deduct toll charges from a prepaid account. Under a cooperative agreement entered into with OCTA in December 2011, the RCTC 91 Express Lanes are jointly operated with the OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. The Commission and OCTA agreed on the use of the same initial operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and shared marketing activities. The joint operation allows for the sharing of costs and a seamless customer experience. Contacting 91 Express Lane's Management This financial report is designed to provide a general overview of the Fund's finances for all those with an interest in the government's finances and to demonstrate the Fund's accountability for the money it receives. Questions concerning any of the information provide in this report or requests for additional information should be addressed to the Chief Financial Officer, Finance Department at the Riverside County Transportation Commission, 4080 Lemon Street, 3rd Floor, P.O. Box 12008, Riverside, CA 92502-2208. 7 271 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Net Position June 30, 2021 Assets Current assets: Cash and investments $ 80,976,283 Receivables Accounts 1,664,719 Interest 220,297 Due from other Commission funds 891,711 Prepaid expenses 188,727 Total current assets 83,941,737 Noncurrent assets: Restricted cash and investments 88,696,432 Net other post -employment benefits assets 52,342 Capital assets, net Nondepreciable 27,466,813 Depreciable and amortizable 235,249,631 Total noncurrent assets 351,465,218 Total assets 435,406,955 Deferred outflows of resources Pension benefits Other post -employment benefits Total assets and deferred outflows of resources 521,094 58,580 435,986,629 Liabilities Current liabilities: Accounts payable 4,360,386 Interest payable 2,028,876 Due to other Commission funds 918,608 Other liabilities 537 Compensated absences liability 44,784 Bonds payable - due within one year 3,820,000 Total current liabilities 11,173,191 Noncurrent liabilities: Net pension liabilities 37,104 Compensated absences liability 59,223 Bonds payable - due in more than one year 709,734,311 Total noncurrent liabilities 709,830,638 Total liabilities 721,003,829 Deferred inflows of resources Pension benefits Other post -employment benefits Total liabilities and deferred inflows of resources Net position Net investment (deficit) in capital assets Restricted for express lanes Total net position (deficit) See notes to financial statements 8 408,946 36,006 721,448,781 (333,137,341) 47,675,189 $ (285,462,152) 272 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Revenues, Expenses and Change in Fund Net Position For the Year Ended June 30, 2021 Operating revenues Tolls, penalties, and fees Operating expenses Management and operational services Administrative overhead Other operating expenses Professional services General and administrative expenses Depreciation and amortization Total operating expenses Operating income Nonoperating revenues (expenses) Investment income Interest expense Gain on sale of capital assets Total nonoperating revenues (expenses) Income before transfers Transfers Transfers in from Commission governmental funds Transfers out to Commission enterprise funds Transfers out to Commission governmental funds Total transfers Change in net position Net position (deficit) at beginning of year Net position (deficit) at end of year See notes to financial statements 9 $ 46,302,018 10,527,308 875,400 2,176,684 1,349,767 874,718 10,768,067 26,571,944 19,730,074 323,792 (29,739,388) 1,100,189 (28,315,407) (8,585,333) 891,711 (891,711) (644,763) (644,763) (9,230,096) (276,232,056) $ (285,462,152) 273 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows For the Year Ended June 30, 2021 Cash flows from operating activities Receipts from customers and users $ 45,309,382 Payments to vendors (11,516,936) Payments to employees (733,081) Payments for RCTC interfund services used (677,200) Reimbursements received for shared costs 200,494 Net cash provided by operating activities 32,582,659 Cash flows from noncapital financing activities Transfers of surplus funds to governmental activities Net cash used for noncapital financing activities Cash flows from capital and related financing activities Interest paid on long-term debt Acquisition of capital assets Proceeds from sale of capital assets Net cash used for capital and related financing activities Cash flows from investing activities Interest received Net cash provided by investing activities (515,538) (515,538) (7,119,938) (2,417,207) 4,707,897 (4,829,248) 703,370 703,370 Net increase in cash and cash equivalents 27,941,243 Cash and cash equivalents at beginning of year 141,715,370 Cash and cash equivalents at end of year $ 169,656,613 Reconciliation of cash and cash equivalents to statement of net position Cash and investments $ 80,976,283 Less: fair value adjustment (16,102) Restricted cash and investments Total cash and cash equivalents See notes to financial statements 10 80,960,181 88,696,432 $ 169,656,613 274 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows, Continued For the Year Ended June 30, 2021 Reconciliation of operating income to net cash provided by (used for) operating activities Operating income $ 19,730,074 Adjustments to reconcile operating income to net cash provided by (used for) operating activities Depreciation and amortization expense 10,768,067 Change in assets and liabilities (Increase) Decrease in other receivables, net (1,037,882) (Increase) Decrease in due from other Commission funds 6,084 (Increase) Decrease in prepaid assets (21,490) Increase (Decrease) in pension and post -employment benefit liabilities, net of deferred items 84,434 Increase (Decrease) in accounts payable 2,797,968 Increase (Decrease) in due to other Commission funds 204,315 Increase (Decrease) in compensated absences liability 50,986 Increase (Decrease) in other liabilities 103 Total adjustments 12,852,585 Net cash provided by operating activities $ 32,582,659 Noncash capital, financing and investing activities Amortization of bond discount Accreted and compounded interest Net increase in the fair value of investments Transfer out of capital assets See notes to financial statements 11 $ 73,073 22,494,107 (204,403) (891,711) 275 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 1. Re•ortin. Entit After more than a decade of work, which includes approximately three years of construction, the Riverside County Transportation Commission (Commission) achieved substantial completion on the SR -91 Corridor Improvement (91 Project) on March 20, 2017, including express lane and general purpose lane improvements. In achieving substantial completion, the RCTC 91 Express Lanes opened to traffic and tolling commenced. The RCTC 91 Express Lanes cover an eight -mile stretch on State Route 91 (SR -91) between Interstate 15 (1-15) and the Orange/Riverside County line and a tolled direct connector. The RCTC 91 Express Lanes Fund (Fund) is reported as a major enterprise fund in the Commission's basic financial statements. The accompanying financial statements present the net position, changes in net position, and cash flows of the Fund only. They do not purport to, and do not, present the overall financial position of the Commission or its changes in net position as of June 30, 2021. Note 2. Summary of Significant Accounting Policies The accounting policies of the Fund are in conformity with generally accepted accounting principles applicable to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard -setting body for establishing accounting and financial reporting principles. Basis of Accounting: The financial statements of the Fund are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues consisting substantially of tolls and fees, are recorded when earned, and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Toll revenue is recognized when the customers utilize the toll road facility and payment is collected. Enterprise funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services in connection with an enterprise fund's principal and ongoing operations. The principal operating revenues of the Fund are charges to customers for use of the toll facility. Operating expenses for the Fund include the cost of services, administrative expenses, and depreciation and amortization on capital and intangible assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Violations: Violations consist of uncollected violation tolls and penalties. Unpaid violations of $95,201,255 as of June 30, 2021 are not recognized as revenue until payment is received. If violations and penalties remain owed for more than 90 days, they are turned over to the collection agency. Unpaid violations remain recorded for a period of four years in accordance with the statute of limitations, at which time, they will be deemed uncollectible. Cash and investments: The Commission maintains cash and investments in accordance with the Investment Policy adopted by the Board of Commissioners in August 2020. The Investment Policy complies with the California Government Code (Code). Investments of bond proceeds as permitted by the applicable debt documents are maintained with U.S. Bank as trustee. Separate investment accounts are maintained for the proceeds of bond issues, with the earnings for each bond issue accounted for separately. The Fund participates in the Riverside County Pooled Investment Fund (RCPIF). Cash from other Commission revenue sources is commingled for investment purposes in the RCPIF, with investment earnings allocated to the different accounts based on average daily account balances. The Commission holds investments that are measured at fair value on a recurring basis. Investments in U.S. Treasury obligations, U.S. agency securities, corporate notes, mortgage and asset -backed securities, and municipal bonds are carried at fair value based on quoted market prices, except for money market investments, which are carried at amortized cost which approximates fair value. The RCPIF is carried at fair value based on the value of each participating dollar as provided by RCPIF. 12 276 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summa of Si. nificant Accountin • Policies, Continued Cash and cash equivalents: For the purpose of the statement of cash flows, the Commission considers all short-term investments with an initial maturity of three months or less to be cash equivalents. All deposits, commercial paper notes, money market funds, negotiable certificates of deposit, and the Fund's share of the RCPIF represent cash and cash equivalents for cash flow purposes. Restricted cash and investments: Investments set aside in the Senior Lien Obligations Reserve Fund, Senior Lien Capitalized Interest Fund, Residual Fund Scheduled Retained Balance Fund, and Toll Revenue Fund are pursuant to the terms of the 2013 Indenture and their use is limited by applicable debt terms and conditions. Permitted investments per the debt indentures include government obligations, State of California and local agency obligations, banker's acceptances, commercial paper notes, negotiable certificates of deposit, repurchase agreements, money market funds, other mutual funds, investment agreements, RCPIF, and variable and floating rate securities. Receivables: Accounts receivables include amounts due from other California toll road agencies related to their customers' use of the RCTC 91 Express Lanes, as well as amounts owed from the Orange County Transportation Authority (OCTA) in accordance with a cooperative agreement. Capital assets: Capital assets include land and land improvements; toll infrastructure; buildings; equipment, furniture and fixtures; toll facility franchise; and transponders. Capital assets are defined by the Fund as assets with an initial, individual cost of more than $5,000 and a useful life in excess of three years. It is also the Fund's policy to capitalize transponder purchases, as they are considered a significant class of assets even though individually under $5,000. Such assets are recorded at historical cost. The costs of normal maintenance and repairs that do not add value to the asset or materially extend asset lives are not capitalized. Capital assets are depreciated using the straight-line method over the following estimated useful lives: Asset Type Useful Life Buildings 10 years Equipment, furniture and fixtures 3 to 5 years Toll facility franchise 50 years Toll infrastructure 5 to 10 years Transponders 5 years In May 2012 the Commission entered into a toll facility agreement with California's Department of Transportation (Caltrans) and obtained authority to toll the SR -91 from the Orange County/Riverside County line to 1-15 for 50 years commencing as of the first day on which the RCTC 91 Express Lanes open for public use and toll operations. The RCTC 91 Express Lanes opened on March 20, 2017. Deferred outflows of resources: In addition to assets, the statement of net position reports a separate section for deferred outflows of resources. This separate financial statement element, represents a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expense) until then. As of June 30, 2021, the Fund has deferred outflows of resources related to pension and other post -employment benefits (OPEB). Due to other Commission funds: During the course of operations, transactions occur between Commission governmental funds involving goods provided and services rendered. 13 277 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Compensated absences: Vacation hours accumulated and not taken at year-end is reported as a long-term liability, net of current portion, in the Fund. Sick leave is recorded as an expense when taken by the employee. Employees with continuous five years of service have the option of being paid for sick leave accumulated in excess of 240 hours at a rate of 50% (i.e., one hour's pay for every two hours in excess of 240). Any sick leave in excess of 240 hours is accrued at fiscal year-end, and a liability is reported in the Fund. Pensions: For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions and pension expense, information about the fiduciary net position of the Commission's California Public Employees' Retirement System (CaIPERS) plans (Plans) and additions to/deduction from Plans' fiduciary net position have been determined on the same basis as they are reported by CaIPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value. Post -employment benefits other than pensions: For purposes of measuring the net OPEB asset, deferred outflows/inflows of resources related to the OPEB asset and OPEB expense, information about the fiduciary net position of the Commission's OPEB plan, and additions to/deductions from the OPEB fiduciary net position have been determined on the same basis as they are reported by California Employers' Retiree Benefit Trust administered by CaIPERS. For this purpose, benefit payments are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value, except for money markets and participating interest -earning investment contracts that have a maturity at the time of purchase of one year or less, which is reported at cost. Deferred inflows of resources: In addition to liabilities, the statement of net position reports a separate section for deferred inflows of resources. This separate financial statement element, represents an acquisition of net position that applies to a future period and will not be recognized as an inflow of resources, or revenue, until then. The Fund has deferred inflows of resources related to pension and other post -employment benefits. Risk management: The Fund purchases commercial property insurance including business interruption, earthquake, and flood coverage related to the toll facility. Net position: Net position represents the difference between assets plus deferred outflow of resources and liabilities plus deferred inflow of resources and is classified into two categories: • Net investment (deficit) in capital assets consists of capital and intangible assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction, or improvement of those assets and excludes unspent debt proceeds. ■ Restricted net position represents restricted assets less liabilities related to those assets. Restricted assets are recorded when there are limitations imposed by creditors (such as through debt covenants). The statement of net position includes restricted net position for the portion of net toll revenues restricted by the 2013 Master Indenture for toll operations. The deficit in net investment in capital assets will be reduced by future toll revenues for the payment of outstanding toll obligations. 14 278 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Use of estimates: The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumption that affect certain reported amounts and disclosures during the reporting period. As such, actual results could differ from those estimates. Note 3. Cash and Investments Cash and investments are comprised of the following at June 30, 2021: Cash in bank Investments With RCPIF With Trustee Total investments Total cash and investments $ 183,074 80,793,209 88,696,432 169,489,641 $ 169,672,715 Total cash and investments are reported in the financial statements as: Unrestricted cash and investments $ 80,976,283 Restricted cash and investments 88,696,432 Total cash and investments $ 169,672,715 Fair Value Hierarchy: The Commission categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure fair value of the assets. Level 1 inputs are quoted prices in an active market for identical assets; Level 2 inputs are based on similar observable assets either directly or indirectly, which may include inputs in markets that are not considered to be active; and Level 3 inputs are significant unobservable inputs (the Commission does not value any of its investments using Level 3 inputs). The following is a summary of the fair value hierarchy of the fair value of investments of the Fund as of June 30, 2021: Investments by fair value level: Investments subject to fair value hierarchy: Mortgage and asset -backed securities U.S. Treasury obligations Money market mutual funds U.S. agency securities Corporate notes Municipal bonds Total investments measured at fair value Investments not subject to fair value hierarchy: RCPIF Total investments June 30, 2021 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) $ 34,137,354 21,084,352 23,056,188 3,438,320 5,556,299 1,423,919 — $ 34,137,354 21,084,352 23,056,188 3,438,320 5,556,299 1,423,919 88,696,432 $ 44,140,540 $ 44,555,892 80,793,209 $ 169,489,641 15 279 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Investments classified in Level 1 of the value hierarchy, valued at $44,140,450 are valued using quoted prices in active markets. Mortgage and asset -backed securities totaling $34,137,354, U.S. agency securities totaling $3,438,320, corporate notes totaling $5,556,299, and municipal bonds totaling $1,423,919, classified in Level 2 of the fair value hierarchy, are valued using matrix pricing techniques maintained by various pricing vendors. Matrix pricing is used to value securities based on the securities' relationship to benchmark quoted prices. Fair value is defined as the quoted market value on the last trading day of the period. These prices are obtained from various pricing sources by the custodian bank. As of June 30, 2021, the Fund has the following investments: Investments Fair Value Principal Interest Rate Range Maturity Range Weighted Average Maturity (Years) RCPIF Held by Trustee Corporate notes Money market mutual funds Mortgage and asset -backed securities Municipal bonds U.S. agency securities U.S. Treasury obligations Total Investments $ 80,793,209 $ 80,777,107 0.010% — 3.290% 7/1/21 — 6/30/26 5,556,299 23,056,188 34,137,354 1,423,919 3,438,320 21,084,352 5,557,627 23,056,188 33,786,109 1,416,731 3,420,150 20,897,727 $ 169,489,641 $ 168,911,639 0.195% — 0.891% 0.010% (1.053%) —1.979% 0.070% — 0.910% 0.091%-1.313% (1.114%) —1.426% 2/24/23 — 6/9/25 N/A 7/25/21 — 9/16/55 3/1/22 —10/1/51 1/13/22 —11 /16/28 10/31/21 —8/15/30 Portfolio weighted average 1.148 2.798 27 days or 0.074 7.986 6.053 2.981 2.133 3.310 The weighted average maturity is calculated using the investment's effective duration weighted by the investment's fair value. As of June 30, 2021, mortgage and asset -backed securities totaled $34,137,354. The underlying assets are consumer receivables that include credit cards, auto/equipment, and home loans. The securities have a fixed interest rate and are rated Aaa/AA+ by least two of the three nationally recognized statistical rating organizations. Deposits and withdrawals in the RCPIF are made on the basis of $1.00 (cost basis) and not fair value. Accordingly, the Fund's investment at June 30, 2021 is uncategorized, not defined as Level 1, Level 2, or Level 3 input. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. In accordance with the Commission's investment policy, restricted investments are invested in accordance with the maturity provisions of the specific bond indenture, which may extend beyond five years. 16 280 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Custodial credit risk: Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker -dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The Commission's investment policy requires that a third party bank trust department hold all securities owned by the Commission. All trades are settled on a delivery versus payment basis through the Commission's safekeeping agent. The Fund has deposits with a bank balance of $183,074 with a financial institution; bank balances over $5,000,000 are swept daily into a money market account. Of the bank balance, up to $250,000 is federally insured under the Federal Depository Insurance Corporation with balances in excess of $250,000 collateralized in accordance with the Code; however, the collateralized securities are not held in the name of the Commission. Credit risk: The Commission's investment policy as well as the specific bond indentures set minimum acceptable credit ratings for investments from any of the three nationally recognized statistical rating organizations. The following table is a summary of the credit quality distribution and concentration of credit risk by investment type as a percentage of each category's fair value at June 30, 2021; securities denoted as NR are not rated by one of the nationally recognized statistical rating organizations. Investments Moody's S&P % of Portfolio RCPIF Aaa-bf AAAIf/S1 47.67% Corporate Notes Al A 0.14% Notes Al A+ 0.42% Notes Al A- 0.10% Notes Al BBB+ 0.22% Notes A2 A 0.27% Notes A2 A- 0.55% Notes A2 BBB+ 0.52% Notes A3 A- 0.56% Notes A3 BBB+ 0.10% Notes Aa3 A+ 0.31% Notes Baal A- 0.09% Money market mutual funds Funds Aaa AAA 13.60% Mortgage and asset backed securities Securities Aa1 NR 0.06% Securities Aaa AA+ 18.85% Securities Aaa AAA 0.52% Securities Aaa NR 0.32% Securities NR MA 0.39% Municipal bonds Bay Area Toll Authority Al AA- 0.06% City of New York Transitional Finance Authority Aa1 AAA 0.10% Collin County, Texas Aaa AAA 0.10% Colorado Housing and Finance Authority, Inc. Aaa AAA 0.12% El Dorado Irrigation District Aa3 AA- 0.09% Santa Clara Valley Joint Powers Authority NR AA 0.10% 17 281 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Investments Moody's S&P % of Portfolio State of New York Urban Development Corporation State of New York Dormitory Authority University of New Jersey, Rutgers U.S. agency securities Notes U.S. Treasuries Treasury Total Aa2 NR Aa3 Aaa NR NR AA+ A+ AA+ NR 0.11% 0.10% 0.06% 2.03% 12.44% 100.00% Concentration of credit risk: The Commission's investment policy places a limit of 10% on the amount of investment holdings with any one non-U.S. Government or non-federal agency issuer. As of June 30, 2021, the Commission did not have investments in any one issuer that represents more than 5% of the Commission's total investments. Note 4. Capital Assets Capital assets activity for the Fund for the year ended June 30, 2021 is as follows: Balance June 30, 2020 Transfers Balance Additions Deletions June 30, 2021 Capital assets not being depreciated: Land and land improvements Development in progress Total capital assets not being depreciated Capital assets being depreciated and amortized: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total capital assets being depreciated amortized Less accumulated depreciation and amortization for: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total accumulated depreciation Total capital assets being depreciated amortized, net $ 29,215,720 $ (558,405) $ — $ (3,607,709) $ 25,049,606 — — 2,417,207 — 2,417,207 29,215,720 (558,405) 2,417,207 (3,607,709) 27,466,813 27,899,996 453,818 1,623,658 60,695 250,692,492 and 280,730,659 (484,809) (484,809) 27,899,996 453,818 1,138,849 60,695 250,692,492 280,245,850 (17,652,166) (275,166) (499,277) (39,685) (15,913,361) (34,379,655) and 246,351,004 — (5,481,818) — (90,764) 151,503 (164,554) (8,917) (5,022,014) 151,503 (10,768,067) (333,306) (10,768,067) (23,133,984) (365,930) (512,328) (48,602) (20,935,375) (44,996,219) 235,249,631 Capital assets, net $ 275,566,724 $ (891,711) $ (8,350,860) $ (3,607,709) $ 262,716,444 18 282 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 4. Capital Assets, Continued On May 14, 2012, the Commission entered into a toll facilities agreement with Caltrans providing the Commission with authorization to toll the SR -91 from Orange/Riverside County line to 1-15 for 50 years commencing as of the first day on which the RCTC 91 Express Lanes open for public use and toll operations. The agreement also set forth the Commission's leasehold rights to Caltrans' right of way and Caltrans' oversight role in the operations and maintenance of the RCTC 91 Express Lanes. Note 5. Interfund Transactions Due from/to other Commission funds: The composition of balances related to due from other funds and due to other funds of the Commission at June 30, 2021 is as follows: Payable Fund RCTC 91 Express Lanes Enterprise fund RCTC 91 Express Lanes Enterprise fund RCTC 91 Express Lanes Enterprise fund Commission's Special Revenue fund Receivable Fund Commission's General fund Commission's General fund Commission's Special Revenue fund RCTC 91 Express Lanes Enterprise fund Total due from (to) other Commission funds, net Amount $ (231,500) (42,345) (644,763) 891,711 $ (26,897) Explanation Administrative cost allocation Fringe benefits allocation 91 Corridor Operations project reimbursements Transfer of capital assets Transfers to/from other Commission funds: During 2021, transfers to/from other Commission funds were as follows: Transfer Out Transfer In Amount Explanation RCTC 91 Express Lanes Enterprise fund RCTC 91 Express Lanes Commission's 15 Express Lanes Enterprise fund Enterprise fund Commission's Special RCTC 91 Express Lanes Enterprise Revenue fund fund Total transfers out to other Commission funds 19 Commission's Special Revenue fund $ (644,763) Transfer of surplus funds to fund the 91 Corridor Operations project (891,711) Transfer of capital assets 891,711 Payment for capital assets transferred to 15 Express Lanes $ (644,763) 283 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long -Term Obligations The following is a summary of changes in long-term debt obligations for the year ended June 30, 2021: Balance Additions / Balance Due Within June 30, 2020 Accretion Reductions June 30, 2021 One Year Toll revenue bonds: 2013 Bonds Toll revenue bonds discount Total bonds payable, net TIFIA loan Compensated absences liability Total long-term obligations $ 206,576,096 $ 5,495,251 $ (1,928,300) 204,647,796 73,073 5,495,251 73,073 $ 212,071,347 $ (1,855,227) 3,820,000 210,216,120 3,820,000 486,339,336 53,021 16,998,855 — 503,338,191 73,135 (22,149) 104,007 44,784 $ 691,040,153 $ 22,567,241 $ 50,924 $ 713,658,318 $ 3,864,784 In July 2010, the Commission authorized the issuance and sale of not to exceed $900 million of toll revenue bonds related to the 91 Project. In March 2020, the Commission authorized the issuance and sale of not to exceed $725 million of toll revenue refunding bonds related to the RCTC 91 Express Lanes. 2013 Toll Revenue Bonds, Series A (Current Interest Obligation): Outstanding In July 2013, the Commission issued $123,825,000 principal amount of serial current interest bonds (CIBs) at a discount of $2,433,315 to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The CIBs consist of a serial bond maturing on June 1, 2044 in the amount of $39,315,000 at an interest rate of 5.75% and a term bond due on June 1, 2048 in the amount of $84,510,000 with annual sinking funds payments of $42,255,000 on June 1, 2047 and June 1, 2048 at an interest rate of 5.75%. $ 123,825,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Revenue Bonds CIBs payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Interest Total 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2048 $ 39,315,000 84,510,000 $ 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 31,078,500 7,289,100 $ 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 70,393,500 91,799,100 $ 123,825,000 $ 180,766,200 $ 304,591,200 20 284 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long -Term Obligations, Continued 2013 Toll Revenue Bonds, Series B (Capital Appreciation Obligation): Outstanding In July 2013, the Commission issued $52,829,602 principal amount of serial capital appreciation bonds (CABs) to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The CABs will not pay current interest as interest will be compounded commencing December 2013 semiannually and paid at maturity. Therefore, the CABs will increase in value, or accrete, by the accumulation of such compounded interest from its initial principal amount to the maturity value in installments ranging from $3,440,000 to $34,220,000 on various dates from June 1, 2022 through June 1, 2043. Interest rates and yield to maturity range from 5.30% to 7.15%. During 2021, the accretion amount was $5,495,251; the aggregate accretion through June 30, 2021 is $35,416,745. $ 88,246,347 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Revenue Bonds CABs payable throughout the term of the bonds are as follows: Year Ending June 30 2022 $ 2,396,700 $ 1,423,300 $ 3,820,000 2023 3,098,000 2,231,900 5,329,900 2024 3,739,200 3,245,900 6,985,100 2025 4,364,200 4,450,800 8,815,000 2026 2,227,300 2,647,700 4,875,000 2027-2031 16,824,800 29,425,200 46,250,000 2032-2036 8,387,700 23,767,300 32,155,000 2037-2041 3,355,000 20,355,000 23,710,000 2042-2043 8,436,700 58,103,300 66,540,000 Principal Accreted Interest Total $ 52,829,600 $ 145,650,400 $ 198,480,000 TIFIA Loan Agreement: Outstanding In July 2013, the Commission executed a TIFIA loan of up to $421,054,409, which proceeds financed a portion of the costs for the 91 Project. During construction and for a period of up to five years following substantial completion, interest is compounded and added to the initial TIFIA loan. The TIFIA loan requires mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments are expected to commence on December 1, 2021, which is five years after substantial completion of the 91 Project, through June 1, 2051. The interest rate of the TIFIA loan is 3.47%. The TIFIA loan is a toll revenue bond that is subordinate to the senior toll revenue bonds. $ 503,338,191 In accordance with the TIFIA loan maturity schedule, the approximate mandatory annual debt service requirements to maturity for the TIFIA loan payable throughout the term of the loan are as follows: 21 285 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long -Term Obligations, Continued Mandatory Year ending June 30 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2051 Total Principal Interest Total $ — $ 1,921,000 $ 1,921,000 1,921,000 1,921,000 1,924,000 1,924,000 1,919,000 1,919,000 7,772,000 7,772,000 100,000 50,809,000 50,909,000 148,673,000 85,985,000 234,658,000 127,195,000 69,709,000 196,904,000 143,501,000 51,730,000 195,231,000 83,869,200 18,451,000 102,320,200 $ 503,338,200 $ 292,141,000 $ 795,479,200 In connection with the issuance of the 2013 Toll Revenue Bonds consisting of the CIBs and CABs, a debt service reserve of $17,665,460 and an operations and maintenance fund of $3,137,666 were established. Upon opening of the RCTC 91 Express Lanes in March 2017, the operations and maintenance fund was transferred from the trustee to the Commission for operations. Additionally, the toll indenture and TIFIA loan agreement require the Commission to establish a subordinate obligations reserve fund of $20,000,000 no later than July 1, 2019. The $20,000,000 reserve was funded in June 2019 from the proceeds of the sale of excess properties on the SR -91 and surplus revenues. Note 7. Commitments and Contingencies Cooperative agreements: The RCTC SR -91 Express lanes are jointly operated with the existing OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. Under the Orange -Riverside Cooperative Agreement, which was entered into in December 2011, the Commission and OCTA agreed on the use of the same initial toll operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and marketing activities as well as OCTA review of design plans and construction activities for the 91 Project. In May 2013 the Commission entered into a three -party agreement with OCTA and the third -party toll operator, for the operations of the 91 Express Lanes. This will ensure streamlined and consistent intercounty travel for motorists on the OCTA 91 Express Lanes in Orange County and RCTC 91 Express Lanes in Riverside County. The third -party operator provides operating services to the Commission in the annual amount of $6,942,600 plus inflation for three initial years with two one-year extension options, subject to Board of Commissioners approval. The third -party operator is responsible for the day-to-day operations of the toll facility; another contractor is responsible for maintaining the roadside toll collection system under a separate agreement with the Commission. The agreement with the third -party operator expires on December 31, 2021, as amended in September 2019. In November 2019, the Commission awarded an agreement to the third -party operator to develop and install a new back office system and to provide express lane operator services, including the back office and customer services center. The agreement is a three -party contract including OCTA. The contract has a five-year term beginning upon completion and implementation of the new back office system, plus two 3 -year options, to operate both the OCTA and RCTC 91 Express Lanes. The operating term is anticipated to begin by December 2021. 22 286 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 7. Commitments and Contingencies, Continued Purchase commitments: The Fund has entered into other agreements in the ordinary course of business with companies and other governmental agencies related to operations and maintenance. These agreements, which are significant, are funded with available and future revenues. Note 8. Pensions and Other Post -Em • to ment Benefits Other Than Pensions The Fund participates in the Commission's cost -sharing multiple employer defined benefit pension plan administered by the California Public Employees' Retirement System and the Commission's OPEB. Employees of the Fund are employees of the Commission as a whole. The required note disclosures regarding pension plans and OPEB are included in the Commission's financial statements. Please see those financial statements for information about the pension plans and OPEB as a whole. The net pension liability of $37,104 and net OPEB asset of $52,342, reported by the Fund, represent the Fund's proportional share of the Commission's net pension liability of $524,003 and net OPEB asset of $739,200. The Fund's net pension liability and net OPEB asset each represent 7% of the Commission's net pension liability and net OPEB asset, respectively. For the year ended June 30, 2021, the Fund's contributions recognized as part of pension and OPEB expenses were $112,741 and ($28,307), respectively. 1 ote 9. Subse • uent Events In October 2021, the Commission issued toll revenue refunding bonds (2021 Toll Refunding Bonds) consisting of $88,735,000 senior lien federally taxable bonds, $450,629,000 senior lien tax-exempt bonds, and $75,695,000 second lien tax-exempt bonds. The proceeds of the 2021 Toll Refunding Bonds were used to refund a portion of the RCTC 91 Express Lanes 2013 Toll Revenue CIBs, pay the purchase price of the 2013 Toll Revenue CIBs accepted for tender for cash, refund and prepay the TIFIA loan, fund capitalized interest, make deposits to required reserves, and pay costs of issuance. Certain senior lien tax-exempt bonds issued were exchanged for certain 2013 Toll Revenue CIBs accepted for exchange. Additionally, the Commission deposited available funds with an escrow agent to defease approximately $28,919,000 in accreted value of the 2013 Toll Revenue CABs maturing in the years 2022 through 2025 and 2027 through 2029. 23 287 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 10. Pronouncements Issued, Not Yet Effective In May 2020, the Commission adopted GASB Statement No. 95, Postponement of the Effective Dates of Certain Authority Guidance. In light of the COVID-19 pandemic and effective immediately, this statement provides temporary relief to governments and other stakeholders with a delay in the effective dates of several GASB statements. The GASB pronouncements issued prior to June 30, 2021 that have an effective date that may impact future financial presentations include: • GASB Statement No. 87, Leases, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period, effective for fiscal years beginning after December 31, 2021; • GASB Statement No. 91, Conduit Debt Obligations, effective for fiscal years beginning after December 31, 2022; • GASB Statement No. 92, Omnibus 2020, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 93, Replacement of Interbank Offered Rates, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 94, Public -Private and Public -Public Partnerships and Availability Payment Arrangements, effective for the fiscal year that ends June 30, 2023; • GASB Statement No. 96, Subscription -Based Information Technology Arrangements, effective for the fiscal year that ends June 30, 2023; and • Implementation Guide No. 2019-3, Leases, effective for the fiscal year that ends June 30, 2022. 24 288 ATTACHMENT 9 ;4 RiversideExpress 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements For the Year Ended June 30, 2021 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 289 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements For the Year Ended June 30, 2021 Contents Independent Auditor's Report Management's Discussion and Analysis 1 3 Financial Statements Statement of Net Position 8 Statement of Revenues, Expenses and Change in Fund Net Position 9 Statement of Cash Flows 10 Notes to Financial Statements 12 290 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the 15 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission (the Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the 15 Express Lanes Fund of the Commission, as of June 30, 2021, and the changes in financial position and cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. 1 What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA;711130-3831 T 909.466.4410 F 909.466.4431 EOE Emphasis of Matter As discussed in Note 1, the financial statements present only the 15 Express Lanes Fund and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021, the changes in its financial position, or, where applicable, its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Rancho Cucamonga, California October 29, 2021 2 292 15 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 As management of the 15 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission, we offer readers of the Fund financial statements this narrative overview and analysis of the Fund's financial activities for the fiscal year ended June 30, 2021. We encourage readers to consider information on financial performance presented in conjunction with the financial statements that begin on page 8. Financial Highlights • At the end of fiscal year (FY) 2020/21, the total net position of the Fund was $231,197,152 and consisted of net investment in capital assets of $223,952,733 and restricted net position of $7,244,419. • Net position of $231,197,152 during FY 2020/21 reflects the position after three months of toll operations. The 15 -mile stretch that includes two express lanes in each direction of the center median along the Interstate (I) 15 corridor between Cajalco Road in Corona and State Route (SR) 60 in Jurupa Valley reached substantial completion and opened to motorists on April 10, 2021. • In FY 2020/21, total operating revenues of $5,544,148 include toll, violation penalty and account fee revenues. Total operating expenses of $4,850,873 include roadway and toll systems maintenance, customer service, back -office operations, other support costs, and depreciation and amortization. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the Fund's financial statements. The financial statements are comprised of the Fund financial statements and notes to the financial statements. The statement of net position presents information on all of the Fund's assets, liabilities, and deferred outflows/inflows of resources, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the Fund is improving or deteriorating. The statement of revenues, expenses and changes in fund net position presents information showing how the Fund's net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported for some items that will only result in cash flows in future fiscal periods. The statement of cash flows presents information on the cash flows related to operating, noncapital financing, capital and related financing, and investing activities. The Fund financial statements can be found on pages 8-11 of this report. Notes to the financial statements provide additional information that is essential to a full understanding of the data provided in the financial statements. The notes to the financial statements can be found on pages 12-21 of this report. 15 Express Lanes Financial Analysis As noted previously, net position may serve over time as a useful indicator of the Fund's financial position. At June 30, 2021, the Fund's net position was $231,197,152. Our analysis below focuses on net position and changes in net position of the Fund's financial activities. 3 293 15 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 15 Express Lanes Fund Net Position 2021 Current and other assets $ 3,409,775 Restricted assets 27,552,677 Capital assets, net 365,861,733 Total assets 396,824,185 Deferred outflows of resources 62,140 Total assets and deferred outflows of resources 396,886,325 Current liabilities 3,025,812 Long-term liabilities 162,615,664 Total liabilities 165,641,476 Deferred inflows of resources 47,697 Total liabilities and deferred inflows of resources 165,689,173 Net position Net investment in capital assets 223,952,733 Restricted 7,244,419 Total net position $ 231,197,152 FY 2020/21 represents three months of toll operations for the Fund. Total assets and deferred outflows of resources were $396,886,325. Total liabilities and deferred inflows of resources were $165,689,173. The Fund's net investment in capital assets was $223,952,733 in FY 2020/21. The Fund's net position reflects its investment in capital assets (i.e., land and land improvements; buildings; toll infrastructure; equipment, furniture and fixtures;and toll facility franchise), less any related outstanding debt used to acquire these assets. The Fund uses these capital assets, which include intangible assets, to provide improved mobility for the Fund customers and commuters along the 1-15 corridor. Restricted net position, representing resources subject to external restrictions on how they may be used, was $7,244,419 and represents 3% of the total net position at June 30, 2021. The analysis below focuses on the changes in net position. 4 294 15 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 15 Express Lanes Fund Changes in Net Position 2021 Operating revenues Toll, penalties, and fees $ 5,544,148 Total operating revenues 5,544,148 Operating expenses Management and operational services Administrative overhead Other operating expenses Professional services General and administrative Depreciation and amortization Total operating expenses Operating income Nonoperating revenues (expenses) Investment income Interest expense Total nonoperating revenues (expenses) Income before transfers Transfers from (to) the Commission, net Change in net position Total net position at beginning of year Total net position at end of year 2,018,801 53,500 25,193 70,071 71,834 2,611,474 4,850,873 693,275 364 (689,946) (689,582) 3,693 231,193,459 231,197,152 $ 231,197,152 The Fund's operating revenues were $5,544,148, while total operating expenses were $4,850,873. Total traffic volume on the 15 Express Lanes Fund during FY 2020/21 was approximately 4,172,000 transactions. Capital Assets As of June 30, 2021, the Fund had $365,861,733, net of accumulated depreciation and amortization, invested in a broad range of capital assets including: land and land improvements; buildings; toll infrastructure comprised of communication equipment and computer hardware and software; equipment, furniture and fixtures; and toll facility franchise. 5 295 15 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 15 Express Lanes Fund Capital Assets, Net of Depreciation 2021 Land and land improvements $ 611,755 Toll infrastructure 12,241,964 Toll facility franchise 346,685,677 Buildings 6,227,699 Equipment, furniture, and fixtures 94,638 Total capital assets, net $ 365,861,733 More detailed information about the Fund's capital assets is presented in note 4 to the financial statements. Debt Administration As of June 30, 2021, the Fund had $153,605,519 outstanding in a Transportation Innovation Finance and Infrastructure Act (TIFIA) loan and $9,000,000 outstanding from an advance from Commission Measure A revenues. 15 Express Lanes Fund Outstanding Debt 2021 TIFIA loan $ 153,605,519 Advance from Commission fund 9,000,000 Total outstanding debt $ 162,605,519 Additional information on long-term debt can be found in note 6 to the financial statements. Economic and Other Factors The Fund makes up $23,677,100 or 3% of Commission's FY 2021/22 revenue budget. In FY 2021/22, toll and non - toll revenues are forecasted to increase by 281 % over the FY 2020/21 budget. This increase is due to a full fiscal year of operations compared to approximately three months of operations in FY 2020/21. The average projected long-term rate of growth for toll road revenues beyond FY 2021/22 is 4.4%. The majority of expenses related to the Fund within FY 2021/22 budget are on -going general costs related to day-to- day operations of the toll facility. As a fully electronic toll facility, motorists pay tolls through the convenient use of FasTrak® transponders that automatically deduct toll charges from a prepaid account. Contacting 15 Express Lane's Management This financial report is designed to provide a general overview of the Fund's finances for all those with an interest in the government's finances and to demonstrate the Fund's accountability for the money it receives. Questions concerning any of the information provide in this report or requests for additional information should be addressed to 6 296 15 Express Lanes Fund Management Discussion and Analysis For the Year Ended June 30, 2021 the Chief Financial Officer, Finance Department at the Riverside County Transportation Commission, 4080 Lemon Street, 3rd Floor, P.O. Box 12008, Riverside, CA 92502-2208. 7 297 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Net Position June 30, 2021 Assets Current assets: Cash and investments $ 655,508 Receivables Accounts 2,130,175 Interest 229 Prepaid expenses 618,252 Total current assets 3,404,164 Noncurrent assets: Restricted cash and investments 27,552,677 Net other post -employment benefits assets 5,611 Capital assets, net Nondepreciable 611,755 Depreciable and amortizable 365,249,978 Total noncurrent assets 393,420,021 Total assets 396,824,185 Deferred outflows of resources Pension benefits Other post -employment benefits Total assets and deferred outflows of resources 55,861 6,279 396,886,325 Liabilities Current liabilities: Accounts payable 1,903,504 Interest payable 881,109 Due th other Commission funds 81,151 Other liabilities 155,384 Compensated absences liability 4,664 Total current liabilities 3,025,812 Noncurrent liabilities: Net pension liabilities Compensated absences liability Advance from other Commission fund Bonds payable - due in more than one year Total noncurrent liabilities Total liabilities Deferred inflows of resources Pension benefits Other post -employment benefits Total liabilities and deferred inflows of resources Net position Net investment in capital assets Restricted for express lanes Total net position See notes to financial statements 8 3,978 6,167 9,000,000 153,605,519 162,615,664 165,641,476 43,838 3,859 165,689,173 223,952,733 7,244,419 $ 231,197,152 298 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Revenues, Expenses and Change in Fund Net Position For the Year Ended June 30, 2021 Operating revenues Tolls, penalties, and fees $ 5,544,148 Operating expenses Management and operational services 2,018,801 Administrative overhead 53,500 Other operating expenses 25,193 Professional services 70,071 General and administrative expenses 71,834 Depreciation and amortization 2,611,474 Total operating expenses 4,850,873 Operating income 693,275 Nonoperating revenues (expenses) Investment income Interest expense Total nonoperating revenues (expenses) 364 (689,946) (689,582) Income before transfers 3,693 Transfers Transfers in from Commission governmental activities Transfers in from Enterprise funds Transfers out to Commission governmental activities Total transfers 384,098,430 891,711 (153,796,682) 231,193,459 Change in net position 231,197,152 Net position at beginning of year Net position at end of year $ 231,197,152 See notes to financial statements 9 299 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows For the Year Ended June 30, 2021 Cash lows from operating activities Receipts from customers and users $ 3,598,880 Payments to vendors (845,971) Payments to employees (72,665) Payments for RCTC interfund services used (1,300) Reimbursements received for lease costs 12,172 Net cash provided by operating activities 2,691,116 Cash flows from noncapital financing activities Transfers from governmental activities for operations and maintenance Net cash used for noncapital finandng activities Cash lows from capital and related finandng activities Advance from other Commission fund, including accumulated interest earnings Net cash used for capital and related financing activities 16,500,946 16,500,946 9,015,989 9,015,989 Net increase in cash and cash equivalents 28,208,051 Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year $ 28,208,051 Reconciliation of cash and cash equivalents to statement of net position Cash and investments $ 655,508 Less: fair value adjustment (134) 655,374 Restricted cash and investments 27,552,677 Total cash and cash equivalents $ 28,208,051 See notes to financial statements 10 300 15 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows, Continued For the Year Ended June 30, 2021 Reconciliation of operating income (loss) to net cash provided by (used for) operating activities Operating income $ 693,275 Adjustments to reconcile operating income to net cash provided by (used for) operating activities Depreciation and amortization expense 2,611,474 Change in assets and liabilities (Increase) Decrease in other receivables, net (2,130,175) (Increase) Decrease in prepaid assets (618,252) Increase (Decrease) in pension and post -employment benefit liabilities, net of deferred items (16,076) Increase (Decrease) in accounts payable 1,903,504 Increase (Decrease) in due to other Commission funds 81,151 Increase (Decrease) in compensated absences liability 10,831 Increase (Decrease) in other liabilities 155,384 Total adjustments 1,997,841 Net cash provided by operating activities $ 2,691,116 Noncash capital, financing and investing activities Accreted and compounded interest on TIFIA Loan $ 545,584 Compounded interest on advance from other Commission fund 84,806 Net increase in the fair value of investments 134 Transfer in of capital and intangible assets from governmental activities 367,581,496 Transfer in of toll revenue debt from governmental activities 147,379,381 Transfer in of capital assets 891,711 See notes to financial statements 11 301 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 1. Re'ortin. Entit After more than a decade of work, which includes approximately three years of construction, the Riverside County Transportation Commission (Commission) achieved substantial completion on the 1-15 Express Lanes Project on April 10, 2021. In achieving substantial completion, the 15 Express Lanes opened to traffic; tolling commenced on April 14, 2021. The 15 -mile stretch includes two lanes in each direction of the center median along the Interstate (1) 15 corridor between Cajalco Road in Corona and State Route (SR) 60 in Jurupa Valley. The 15 Express Lanes Fund (Fund) is reported as a major enterprise fund in the Commission's basic financial statements. The accompanying financial statements present the net position, changes in net position, and cash flows of the Fund only. They do not purport to, and do not, present the overall financial position of the Commission or its changes in net position as of June 30, 2021. Note 2. Summary of Significant Accounting Policies The accounting policies of the Fund are in conformity with generally accepted accounting principles applicable to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard -setting body for establishing accounting and financial reporting principles. Basis of Accounting: The financial statements of the Fund are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues consisting substantially of tolls and fees, are recorded when earned, and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Toll revenue is recognized when the customers utilize the toll road facility and payment is collected. Enterprise funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services in connection with an enterprise fund's principal and ongoing operations. The principal operating revenues of the Fund are charges to customers for use of the toll facility. Operating expenses for the Fund include the cost of services, administrative expenses, and depreciation and amortization on capital and intangible assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Violations: Violations consist of uncollected violation tolls and penalties. Unpaid violations of $2,996,419 as of June 30, 2021 are not recognized as revenue until payment is received. If violations and penalties remain owed for more than 90 days, they are attached to the registration for the violation vehicle. Unpaid violations will remain recorded for a period of four years in accordance with the statute of limitations, at which time, they will be deemed uncollectible. Cash and investments: The Commission maintains cash and investments in accordance with the Investment Policy adopted by the Board of Commissioners in August 2020. The Investment Policy complies with the California Government Code (Code). Investments of bond proceeds as permitted by the applicable debt documents are maintained with U.S. Bank as trustee. Separate investment accounts are maintained for the proceeds of bond issues, with the earnings for each bond issue accounted for separately. The Fund participates in the Riverside County Pooled Investment Fund (RCPIF). Cash from other Commission revenue sources is commingled for investment purposes in the RCPIF, with investment earnings allocated to the different accounts based on average daily account balances. The Commission holds investments that are measured at fair value on a recurring basis. Investments in U.S. Treasury obligations, U.S. agency securities, and mortgage and asset -backed securities are carried at fair value based on quoted market prices, except for money market investments, which are carried at amortized cost which approximates fair value. The RCPIF is carried at fair value based on the value of each participating dollar as provided by RCPIF. 12 302 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summa of Si. nificant Accountin • Policies, Continued Cash and cash equivalents: For the purpose of the statement of cash flows, the Commission considers all short-term investments with an initial maturity of three months or less to be cash equivalents. All deposits, commercial paper notes, money market funds, negotiable certificates of deposit, and the Fund's share of the RCPIF represent cash and cash equivalents for cash flow purposes. Restricted cash and investments: Investments set aside in the Senior Lien Obligations Reserve Fund, Second Lien Obligations Reserve Fund, Subordinate Lien Obligations Reserve Fund, and Residual Fund Scheduled Retained Balance Fund are pursuant to the terms of the 2017 Indenture and their use is limited by applicable debt terms and conditions. Permitted investments per the debt indentures include government obligations, State of California and local agency obligations, banker's acceptances, commercial paper notes, negotiable certificates of deposit, repurchase agreements, money market funds, other mutual funds, investment agreements, RCPIF, and variable and floating rate securities. Receivables: Accounts receivables include amounts due from other California toll road agencies related to their customers' use of the 15 Express Lanes. Capital assets: Capital assets include land and land improvements; toll infrastructure; buildings; equipment, furniture and fixtures; and toll facility franchise. Capital assets are defined by the Fund as assets with an initial, individual cost of more than $5,000 and a useful life in excess of three years. Such assets are recorded at historical cost. The costs of normal maintenance and repairs that do not add value to the asset or materially extend asset lives are not capitalized. Capital assets are depreciated using the straight-line method over the following estimated useful lives: Asset Type Useful Life Buildings 10 years Equipment, furniture and fixtures 3 to 5 years Toll facility franchise 50 years Toll infrastructure 5 to 10 years The Commission entered into a toll facility agreement with California's Department of Transportation (Caltrans) and obtained authority to toll the 1-15 corridor between Cajalco Road and SR -60 for 50 years commencing as of the first day on which the 15 Express Lanes open for public use and toll operations through April 2071. The 15 Express Lanes opened on April 10, 2021. Deferred outflows of resources: In addition to assets, the statement of net position reports a separate section for deferred outflows of resources. This separate financial statement element, represents a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expense) until then. As of June 30, 2021, the Fund has deferred outflows of resources related to pension and other post -employment benefits (OPEB). Due to other Commission funds: During the course of operations, transactions occur between Commission governmental funds involving goods provided and services rendered. 13 303 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Compensated absences: Vacation hours accumulated and not taken at year-end is reported as a long-term liability, net of current portion, in the Fund. Sick leave is recorded as an expense when taken by the employee. Employees with continuous five years of service have the option of being paid for sick leave accumulated in excess of 240 hours at a rate of 50% (i.e., one hour's pay for every two hours in excess of 240). Any sick leave in excess of 240 hours is accrued at fiscal year-end, and a liability is reported in the Fund. Pensions: For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions and pension expense, information about the fiduciary net position of the Commission's California Public Employees' Retirement System (CaIPERS) plans (Plans) and additions to/deduction from Plans' fiduciary net position have been determined on the same basis as they are reported by CaIPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value. Post -employment benefits other than pensions: For purposes of measuring the net OPEB asset, deferred outflows/inflows of resources related to the OPEB asset and OPEB expense, information about the fiduciary net position of the Commission's OPEB plan, and additions to/deductions from the OPEB fiduciary net position have been determined on the same basis as they are reported by California Employers' Retiree Benefit Trust administered by CaIPERS. For this purpose, benefit payments are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value, except for money markets and participating interest -earning investment contracts that have a maturity at the time of purchase of one year or less, which is reported at cost. Deferred inflows of resources: In addition to liabilities, the statement of net position reports a separate section for deferred inflows of resources. This separate financial statement element, represents an acquisition of net position that applies to a future period and will not be recognized as an inflow of resources, or revenue, until then. The Fund has deferred inflows of resources related to pension and other post -employment benefits. Risk management: The Fund purchases commercial property insurance including business interruption, earthquake, and flood coverage related to the toll facility. Net position: Net position represents the difference between assets plus deferred outflow of resources and liabilities plus deferred inflow of resources and is classified into two categories: ■ Net investment in capital assets consists of capital and intangible assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction, or improvement of those assets and excludes unspent debt proceeds. ■ Restricted net position represents restricted assets less liabilities related to those assets. Restricted assets are recorded when there are limitations imposed by creditors (such as through debt covenants). The statement of net position includes restricted net position for the portion of net toll revenues restricted by the 2017 Master Indenture for toll operations. 14 304 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Use of estimates: The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumption that affect certain reported amounts and disclosures during the reporting period. As such, actual results could differ from those estimates. Note 3. Cash and Investments Cash and investments are comprised of the following at June 30, 2021: Cash in bank Investments With RCPIF With Trustee Total investments Total cash and investments Total cash and investments are reported in the financial statements as: Unrestricted cash and investments Restricted cash and investments $ 199,967 670,489 27,337,729 28,008,218 $ 28,208,185 $ 655,508 27,552,677 Total cash and investments $ 28,208,185 Fair Value Hierarchy: The Commission categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure fair value of the assets. Level 1 inputs are quoted prices in an active market for identical assets; Level 2 inputs are based on similar observable assets either directly or indirectly, which may include inputs in markets that are not considered to be active; and Level 3 inputs are significant unobservable inputs (the Commission does not value any of its investments using Level 3 inputs). The following is a summary of the fair value hierarchy of the fair value of investments of the Fund as of June 30, 2021: Investments by fair value level: June 30, 2021 Investments subject to fair value hierarchy: Mortgage and asset -backed securities $ 6,086,277 $ — $ 6,086,277 U.S. Treasury obligations 8,260,570 8,260,570 — Money market mutual funds 11,696,425 11,696,425 — U.S. agency securities 1,294,457 — 1,294,457 Total investments measured at fair value 27,337,729 $ 19,956,995 $ 7,380,734 Investments not subject to fair value hierarchy: RCPIF 670,489 Total investments $ 28,008,218 Fair Value Measurements Using Quoted Prices in Active Significant Other Markets for Identical Observable Assets (Level 1) Inputs (Level 2) 15 305 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Investments classified in Level 1 of the value hierarchy, valued at $19,956,995 are valued using quoted prices in active markets. Mortgage and asset -backed securities totaling $6,086,277 and U.S. agency securities totaling $1,294,457 classified in Level 2 of the fair value hierarchy, are valued using matrix pricing techniques maintained by various pricing vendors. Matrix pricing is used to value securities based on the securities' relationship to benchmark quoted prices. Fair value is defined as the quoted market value on the last trading day of the period. These prices are obtained from various pricing sources by the custodian bank. As of June 30, 2021, the Fund has the following investments: Investments Fair Value Principal Interest Rate Range Maturity Range 7/1/21 — 6/30/26 Weighted Average Maturity (Years) RCPIF Held by Trustee Money market mutual funds Mortgage and asset -backed securities U.S. agency securities U.S. Treasury obligations Total Investments $ 670,489 11,696,425 6,086,277 1,294,457 8,260,570 $ 670,355 0.010% — 3.29% 11,696,425 6,073,262 1,291,714 8,242,070 $ 28,008,218 $ 27,973,826 0.010% (1.053%) —1.226% 0.091 % — 0.362% 0.058% — 0.576% N/A 7/25/21 —12/15/42 1/13/22 —11 /24/23 7/31/21 —12/31/24 Portfolio weighted average 1.148 27 days or 0.074 7.858 1.679 1.281 2.408 The weighted average maturity is calculated using the investment's effective duration weighted by the investment's fair value. As of June 30, 2021, mortgage and asset -backed securities totaled $6,086,277. The underlying assets are consumer receivables that include credit cards, auto/equipment, and home loans. The securities have a fixed interest rate and are rated Aaa/AA+ by least two of the three nationally recognized statistical rating organizations. Deposits and withdrawals in the RCPIF are made on the basis of $1.00 (cost basis) and not fair value. Accordingly, the Fund's investment at June 30, 2021 is uncategorized, not defined as Level 1, Level 2, or Level 3 input. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. In accordance with the Commission's investment policy, restricted investments are invested in accordance with the maturity provisions of the specific bond indenture, which may extend beyond five years. 16 306 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Custodial credit risk: Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker -dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The Commission's investment policy requires that a third party bank trust department hold all securities owned by the Commission. All trades are settled on a delivery versus payment basis through the Commission's safekeeping agent. The Fund has deposits with a bank balance of $199,967 with a financial institution; bank balances over $5,000,000 are swept daily into a money market account. Of the bank balance, up to $250,000 is federally insured under the Federal Depository Insurance Corporation with balances in excess of $250,000 collateralized in accordance with the Code; however, the collateralized securities are not held in the name of the Commission. Credit risk: The Commission's investment policy as well as the specific bond indentures set minimum acceptable credit ratings for investments from any of the three nationally recognized statistical rating organizations. The following table is a summary of the credit quality distribution and concentration of credit risk by investment type as a percentage of each category's fair value at June 30, 2021; securities denoted as NR are not rated by one of the nationally recognized statistical rating organizations. Investments Moody's S&P % of Portfolio RCPIF Aaa-bf AAAIf/S1 2.40% Money market mutual funds Funds Aaa AAA 41.76% Mortgage and asset backed securities Securities Aaa AAA 21.73% U.S. agency securities Notes Aaa AA+ 4.62% U.S. Treasuries Treasury NR NR 29.49% Total 100.00% Concentration of credit risk: The Commission's investment policy places a limit of 10% on the amount of investment holdings with any one non-U.S. Government or non-federal agency issuer. As of June 30, 2021, the Commission did not have investments in any one issuer that represents more than 5% of the Commission's total investments. 17 307 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 4. Capital Assets Capital assets activity for the Fund for the year ended June 30, 2021 is as follows: Balance June 30, 2020 Transfers Additions Balance June 30, 2021 Capital assets not being depreciated: Land and land improvements $ — $ 558,405 $ Construction easements — 53,350 Total capital assets not being depreciated — 611,755 Capital assets being depreciated and amortized: Toll infrastructure — 12,886,278 Buildings — 6,445,362 Equipment, furniture, and fixtures — 101,996 Toll facility franchise — 348,427,816 Total capital assets being depreciated and amortized — 367,861,452 Less accumulated depreciation and amortization for: Toll infrastructure Buildings Equipment, furniture, and fixtures Toll facility franchise Total accumulated depreciation Total capital assets being depreciated and amortized, net — 367,861,452 Capital assets, net $ — $ 368,473,207 $ (2,611,474) $ 365,861,733 — $ 558,405 53,350 — (644,314) — (217,663) — (7,358) — (1,742,139) — (2,611,474) 611,755 12,886,278 6,445,362 101,996 348,427,816 367,861,452 (644,314) (217,663) (7,358) (1,742,139) (2,611,474) (2,611,474) 365,249,978 On September 29, 2016, the Commission entered into a toll facilities agreement with Caltrans providing the Commission with authorization to toll the 1-15 from Cajalco Road to SR -60 for 50 years commencing as of the first day on which the 15 Express Lanes open for public use and toll operations. The agreement also set forth the Commission's leasehold rights to Caltrans' right of way and Caltrans' oversight role in the operations and maintenance of the 15 Express Lanes. Note 5. Interfund Transactions Due from/to other Commission funds: The composition of balances related to due from other funds and due to other funds of the Commission at June 30, 2021 is as follows: Payable Fund Receivable Fund Amount Explanation 15 Express Lanes Enterprise fund Commission's General fund 15 Express Lanes Enterprise fund Commission's General fund 15 Express Lanes Enterprise fund Commission's Special Revenue fund Total due from (to) other Commission funds, net 18 $ (52,200) (4,415) (24,536) $ (81,151) Administrative cost allocation Fringe benefits allocation 15 Express Lanes project costs 308 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 5. Interfund Transactions, Continued Transfers tolfrom other Commission funds: During 2021, transfers to/from other Commission funds were as follows: Transfer Out Transfer In Amount Explanation Commission's Governmental 15 Express Lanes Enterprise fund activities 15 Express Lanes Enterprise Commission's Governmental fund activities RCTC 91 Express Lanes 15 Express Lanes Enterprise fund Enterprise fund Commission's Capital 15 Express Lanes Enterprise fund Projects fund Total transfers out to other Commission funds, net $ 367,597,484 Transfer of capital and intangible assets (153,796,682) Transfer of long-term liabilities 891,711 Transfer of capital assets 16,500,946 Transfer of reserves for ramp up toll operations and maintenance $ 231,193,459 Advances from other funds: A Commission governmental fund advanced $9,000,000 to the 15 Express Lanes Fund to establish an $18,000,000 Transportation Infrastructure Finance and Innovation Act (TIFIA) debt service reserve for the I- 15 Express Lanes project as required no later than June 30, 2024. Capitalized interest on the advance as of June 30, 2021, was $553,161. Repayment of this initial Commission advance is subject to satisfying certain conditions under the related indenture, including the occurrence of the second anniversary of the TIFIA debt service payment commencement date. Note 6. Long -Term Obligations The following is a summary of changes in long-term debt obligations for the year ended June 30, 2021: Balance Additions / Balance Due Within June 30, 2020 Transfers Accretion Reductions June 30, 2021 One Year TIFIA loan $ — $ 153,059,935 $ 545,584 $ — $ 153,605,519 $ — Compensated absences liability — — 15,536 (4,705) 10,831 4,664 Total long-term obligations $ — $ 153,059,935 $ 561,120 $ (4,705) $ 153,616,350 $ 4,664 In May 2017, the Commission authorized the issuance and sale of not to exceed $165 million of toll revenue bonds related to the 15 Express Lanes Project. The TIFIA loan is a senior toll revenue bond per the 1-15 Express Lanes Project indenture. TIFIA Loan Agreement: In July 2017, the Commission executed a TIFIA loan of up to $152,214,260, which proceeds financed a portion of the costs for the 15 Express Lanes Project. During construction and for a period of up to five years following substantial completion, interest is compounded and added to the initial TIFIA loan. The TIFIA loan requires mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments are expected to commence on December 1, 2025, which is five years after substantial completion of the 15 Express Lanes Project, through December 1, 2055. The interest rate of the TIFIA loan is 2.84%. Outstanding $ 153,605,519 In accordance with the TIFIA loan maturity schedule, the approximate mandatory annual debt service requirements to maturity for the TIFIA loan payable throughout the term of the loan are as follows: 19 309 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long -Term Obligations, Continued Mandatory Year ending June 30 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2051 2052-2055 Total Future compounded interest Total TIFIA loan Principal Interest Total $ 9,506,400 26,225,400 30,178,900 34,708,600 39,925,200 36,219,100 176,763,600 (23,158,100) $ 153,605,500 $ 5,020,100 24,967,300 22,308,400 18,354,900 13,825,200 8,608,600 2,607,900 $ 95,692,400 $ 5,020,100 34,473,700 48,533,800 48,533,800 48,533,800 48,533,800 38,827,000 $ 272,456,000 Pursuant to the 1-15 Express Lanes Project toll indenture the Commission is required to establish the following to support the 15 Express Lanes: • A $16.5 million ramp -up reserve prior to substantial completion and commencement of express lanes operations; • An $18 million TIFIA loan reserve from an advance of Commission Measure A sales tax revenue up to $3 million per year from 2019 through 2024 to the extent that 15 Express lanes revenues are not sufficient to fund the TIFIA loan reserve; and • Up to a $38.5 million backstop loan from Commission Measure A sales tax revenues of up to $3.85 million per year to the extent 15 Express Lanes revenues are not sufficient to cover operations and maintenance costs, TIFIA loan mandatory debt service, and TIFIA scheduled interest. Note 7. Commitments and Contingencies Purchase commitments: The Fund has entered into other agreements in the ordinary course of business with companies and other governmental agencies related to operations and maintenance. These agreements, which are significant, are funded with available and future revenues. Note 8. Pensions and Other Post -Em • lo ment Benefits Other Than Pensions The Fund participates in the Commission's cost -sharing multiple employer defined benefit pension plan administered by the California Public Employees' Retirement System and the Commission's OPEB. Employees of the Fund are employees of the Commission as a whole. The required note disclosures regarding pension plans and OPEB are included in the Commission's financial statements. Please see those financial statements for information about the pension plans and OPEB as a whole. The net pension liability of $3,978 and net OPEB asset of $5,611, reported by the Fund, represent the Fund's proportional share of the Commission's net pension liability of $524,003 and net OPEB asset of $739,200. The Fund's net pension liability and net OPEB asset each represent 0.76% of the Commission's net pension liability and net OPEB asset, respectively. For the year ended June 30, 2021, the Fund's contributions recognized as part of pension and OPEB expenses were ($8,045) and ($8,031), respectively. 20 310 15 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 9. Pronouncements Issued, Not Yet Effective In May 2020, the Commission adopted GASB Statement No. 95, Postponement of the Effective Dates of Certain Authority Guidance. In light of the COVID-19 pandemic and effective immediately, this statement provides temporary relief to governments and other stakeholders with a delay in the effective dates of several GASB statements. The GASB pronouncements issued prior to June 30, 2021 that have an effective date that may impact future financial presentations include: • GASB Statement No. 87, Leases, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period, effective for fiscal years beginning after December 31, 2021; • GASB Statement No. 91, Conduit Debt Obligations, effective for fiscal years beginning after December 31, 2022; • GASB Statement No. 92, Omnibus 2020, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 93, Replacement of Interbank Offered Rates, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 94, Public -Private and Public -Public Partnerships and Availability Payment Arrangements, effective for the fiscal year that ends June 30, 2023; • GASB Statement No. 96, Subscription -Based Information Technology Arrangements, effective for the fiscal year that ends June 30, 2023; and • Implementation Guide No. 2019-3, Leases, effective for the fiscal year that ends June 30, 2022. 21 311 ATTACHMENT 10 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Compliance With Aspects of Contractual Agreements Board of Commissioners Riverside County Transportation Commission Riverside, California We have audited, in accordance with auditing standards generally accepted in the United States of America the financial statements of the Riverside County Transportation Commission (Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements, and have issued our report thereon dated October 29, 2021. In connection with our audit, nothing came to our attention that caused us to believe that the Commission failed to comply with the terms, covenants, provisions or conditions of Sections 6.2(g) and 6.2(1) contained in the Reimbursement Agreement, dated October 1, 2014, with State Street Bank and Trust Company, a wholly -owned subsidiary of State Street Corporation, related to the Commercial Paper Notes (Limited Tax Bonds) Series A, insofar as they relate to accounting matters. However, our audit was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we performed additional procedures, other matters may have come to our attention regarding the Commission's noncompliance with the above -referenced terms, covenants, provisions or conditions of the Reimbursement Agreement, insofar as they relate to accounting matters. The report is intended solely for the information and use of the Board of Commissioners and management of the Commission and State Street Bank and Trust Company and is not intended to be, and should not be, used by anyone other than these specified parties. Rancho Cucamonga, California October 29, 2021 1 What inspires you, inspires us. eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 1. 30-3831 T 909.466.4410 F 909.466.4431 EOE ATTACHMENT 11 EideBailly CPAs & BUSINESS ADVISORS October 29, 2021 To the Audit Ad Hoc Committee Riverside County Transportation Commission Riverside, California We have audited the financial statements of the Riverside County Transportation Commission (Commission), as of and for the year ended June 30, 2021, and have issued our reports thereon dated as indicated below: Report Audit Report Date Comprehensive Annual Financial Report (CAFR) October 29, 2021 RCTC 91 Express Lanes Fund October 29, 2021 RCTC 15 Express Lanes Fund October 29, 2021 State Transit Assistance Fund October 29, 2021 Local Transportation Fund October 29, 2021 State of Good Repair Fund October 29, 2021 Proposition 1B Rehabilitation, Safety and Security Project Accounts, Accounts October 29, 2021 Low Carbon Transit Operations Program Account October 29, 2021 Single Audit October 29, 2021 Professional standards require that we advise you of the following matters relating to our audit. Our Responsibility in Relation to the Financial Statement Audit under Generally Accepted Auditing Standards and Government Auditing Standards and our Compliance Audit under the Uniform Guidance As communicated in our letter dated June 30, 2021, our responsibility, as described by professional standards, is to form and express an opinion about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America and to express an opinion on whether the Commission complied with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on each of the Commission's major federal programs. Our audit of the financial statements and major program compliance does not relieve you or management of its respective responsibilities. Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the Commission solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. What inspires you, inspires us. ` eidebailly.com 1 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 7T30-3831 T 909.466.4410 F 909.466.4431 EOE Our responsibility, as prescribed by professional standards as it relates to the audit of the Commission's major federal program compliance, is to express an opinion on the compliance for each of the Commission's major federal programs based on our audit of the types of compliance requirements referred to above. An audit of major program compliance includes consideration of internal control over compliance with the types of compliance requirements referred to above as a basis for designing audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, as a part of our major program compliance audit, we considered internal control over compliance for these purposes and not to provide any assurance on the effectiveness of the Commission's internal control over compliance. We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures for the purpose of identifying other matters to communicate to you. We have provided our comments regarding internal controls during our audit in our Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards dated October 29, 2021. We have also provided our comments regarding compliance with the types of compliance requirements referred to above and internal controls over compliance during our audit in our Independent Auditor's Report on Compliance with Each Major Federal Program and Report on Internal Control Over Compliance Required by the Uniform Guidance dated October 29, 2021. Planned Scope and Timing of the Audit We conducted our audit consistent with the planned scope and timing we previously communicated to you. Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, our firm, and other firms utilized in the engagement, if applicable, have complied with all relevant ethical requirements regarding independence. Qualitative Aspects of the Entity's Significant Accounting Practices Significant Accounting Policies Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the Commission is included in Note 1 to the financial statements. As described in Note 1, the Commission adopted Governmental Accounting Standards Board (GASB) Statement No. 84, Fiduciary Activities, and the effective provisions of GASB Statement No. 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus. 2 314 Significant Accounting Estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management's current judgments. Those judgments are normally based on knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ markedly from management's current judgments. The most sensitive accounting estimates affecting the financial statements were: • Net pension liabilities and net other postemployment benefits (OPEB) assets, disclosures, and related deferred inflows/outflows and expenses are based on actuarial valuations which include assumptions adopted by the California Public Employees' Retirement System (CaIPERS) and the Commission. We evaluated the key factors and assumptions used to develop these estimates and determined that they were reasonable in relation to the basic financial statements taken as a whole. Financial Statement Disclosures Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the Commission's financial statements relate to: • Net Pension liabilities and Net OPEB assets in Notes 10 and 11, respectively, are sensitive to the underlying actuarial assumptions used including, but not limited to, the investment rate of return and discount rate. As disclosed in Notes 10 and 11, a 1% increase or decrease in the discount rate has a significant effect on the pension and OPEB liabilities. Significant Difficulties Encountered during the Audit We encountered no significant difficulties in dealing with management relating to the performance of the audit. Uncorrected and Corrected Misstatements For purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements as a whole. The following summarizes uncorrected financial statement misstatements whose effects in the current and prior periods, as determined by management, are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. Measure A Western County major fund Overstatement of intergovernmental revenue Understatement of unavailable revenue (deferred inflows of resources) $1,968,378 $1,968,378 The effect of these uncorrected misstatements, as of and for the year ended June 30, 2021, is an overstatement of the net change in fund balance of $1,968,378. 3 315 Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the financial statements or the auditor's report. No such disagreements arose during the course of the audit. Representations Requested from Management We have requested certain written representations from management which are included in the management representation letter dated October 29, 2021. Management's Consultations with Other Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters. Other Significant Matters, Findings, or Issues In the normal course of our professional association with the Commission, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, operating conditions affecting the entity, and operating plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as Commission's auditors. Other Information in Documents Containing Audited Financial Statements Pursuant to professional standards, our responsibility as auditors for other information in documents containing the Commission's audited financial statements does not extend beyond the financial information identified in the audit report, and we are not required to perform any procedures to corroborate such other information. However, in accordance with such standards, we will review the information inputted into the data collection form and will consider whether such information, or the manner of its presentation, is materially consistent with the financial statements. Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the financial statements. Group Audits The financial statements include the financial statements of the Service Authority for Freeway Emergencies (SAFE), a blended component unit of the Commission, which for the purposes of our audit we do not consider to be a significant component within the financial statements. Consistent with the audit of the financial statements as a whole, our audit included obtaining an understanding of SAFE and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and completion of further audit procedures. 4 316 This report is intended solely for the information and use of the Board of Commissioners, the Audit Ad Hoc Committee, and management of the Commission and is not intended to be, and should not be, used by anyone other than these specified parties. 4 °+. 4L Rancho Cucamonga, C lifornia 5 317 ATTACHMENT 12 EideBailly CPAs & BUSINESS ADVISORS Independent Accountant's Report on the Article XII-B Appropriations Limit Calculation Board of Commissioners Riverside County Transportation Commission Riverside, California We have performed the procedures enumerated below, on the Appropriations Limit Calculation of the Riverside County Transportation Commission (Commission) prepared in accordance with Article XIII-B of the California Constitution for the fiscal year ended June 30, 2021. The Commission's management is responsible for the Appropriations Limit Calculation. The Commission has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the Appropriations Limit Calculation and we will report on findings based on the procedures performed. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The procedures and the associated findings are as follows: 1. We obtained the completed worksheets setting forth the calculations necessary to establish the Commission's 2020-21 appropriations limit and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the Board of Commissioners. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote of the Board of Commissioners. Finding: No exceptions were found as a result of this procedure. 2. We added last year's limit to the annual adjustment amount and compared the resulting amount to the 2020-21 appropriations limit. Finding: No exceptions were found as a result of this procedure. 3. We compared the current year information to the worksheets described in Procedure 1 above and to information provided by the California State Department of Finance. Finding: No exceptions were found as a result of this procedure. What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 7730-3831 T 909.466.4410 F 909.466.4431 EOE 1 4. We agreed the prior year appropriations limit to the prior year appropriations limit adopted by the Board of Commissioners. Finding: No exceptions were found as a result of this procedure. We were engaged by the Commission to perform this agreed -upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the Appropriations Limit Calculation. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of the Commission and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed -upon procedures engagement. No procedures have been performed with respect to the determination of the appropriation limit for the base year, as defined by Article XIII-B of the California Constitution. This report is intended solely for the information and use of the Board of Commissioners and management of the Commission and is not intended to be and should not be used by anyone other than these specified parties. GT d' Rancho Cucamonga, California October 29, 2021 319 2 ATTACHMENT 13 Measure A Commuter Assistance Program Agreed -Upon Procedures June 30, 2021 Riverside County Transportation Commission EideBailly® eidebailly.com 320 Riverside County Transportation Commission Measure A Commuter Assistance Program Table of Contents June 30, 2021 Independent Accountant's Agreed -Upon Procedures Report 1 Schedule of Selected Purchases of Gift Cards by the Contractor 4 Schedule of Selected Employee Incentive Payments Made by the Contractor 5 321 EideBailly CPAs & BUSINESS ADVISORS Independent Accountant's Agreed -Upon Procedures Report To the Board of Commissioners Riverside County Transportation Commission Riverside, California We have performed the procedures enumerated below, on certain requirements of the Riverside County Transportation Commission's (Commission or RCTC) agreement with William Sale Partnership USA Inc. (WSP) to administer its Measure A Commuter Assistance Program (Program) for the year ended June 30, 2021. The Commission's management is responsible for the administration and operation of the Program. As background information for this engagement to perform agreed -upon procedures, we were provided with: Resolution No. 03-025, Resolution of the Commission Amending Guidelines for the administration of the Measure A funded Commuter Incentive Programs, and Agreement No.15-41-038-00, Agreement for Commuter Assistance Program Graphic Design and Program Administration Services between WSP USA Inc. and the Commission, entered into as of June 1, 2015 for the period of June 1, 2015 to June 30, 2022, as amended per Amendments Nos. 1 to 5, and the Inland Empire (IE) Commuter Incentives Programs and Processes Standard Operating Procedures. In addition, we received an explanation of the WSP registration process with the employer and employee from staff at WSP. The Commission has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assessing WSP's compliance with the agreement and we will report on findings based on the procedures performed. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The procedures and the associated findings are as follows: 1. Obtain an understanding of the Administration of the Measure A Commuter Assistance Program by reading Resolution No. 03-025, Resolution of the Commission Amending Guidelines for the Administration of the Measure A Funded Commuter Incentive Program. Finding: No exceptions were found as a result of performing this procedure. What inspires you, inspires us. ` eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 0-3831 T 909.466.4410 F 909.466.4431 EOE 2. Obtain a listing of all disbursements to vendors and invoiced to the Commission for reimbursement by WSP for the purchase of gift cards for the year ending June 30, 2021, and haphazardly select a sample of 10 items for the year for the testing and report any findings (see Exhibit 1). The procedures related to Exhibit 1 are as follows: a. Agree the amount recorded as disbursed by WSP to cancelled checks. b. Agree the amount recorded as itemized in WSP invoices to the Commission's accounting records. c. Agree the amount recorded and the payee on the Check Request Register to the log of requested gift cards maintained by WSP. Finding: We selected a sample of 1 purchase (which was 100% of the population) during the year for testing. WSP purchased gift cards in March 2020 (FY 2020) and the gift cards were added to the gift card inventory in September 2020 (FY 2021). Per inquiry with WSP, there was a delay in the receipt of the purchased gift cards until September 2020, due to COVID-19. No other exceptions were found as a result of performing these procedures. 3. Obtain the "Commission Payments by Employer" reports that list recorded disbursements made to recipients by WSP for the year and haphazardly select a sample of 10 items for the year for testing and report any findings (see Exhibit 2). Our procedures and findings related to Exhibit 2 are as follows: a. Determine that the employer was registered by inspecting the Employer Partnership Agreement (EPA). b. Determine that the employee was registered by inspecting the Incentive Application Form (Application). c. Agree WSP's disbursements to the Application and note proper approval of the Application. d. Recalculate the number of days the employee participated in each rideshare mode and the incentive earned for each rideshare mode and agree those totals to the amounts listed on the monthly incentive claim form in order to mathematically test the monthly claim form. e. Agree the daily amount per mode of transportation to the amount approved in the EPA. f. Agree the recorded disbursement amount per the WSP Incentive Payment Report to the employer transmittal letter. Finding: No exceptions were found as a result of performing these procedures. 4. Compare WSP's total gift card inventory balance as ofJune 30, 2021, to the inventory schedule which denotes the amount of gift cards on hand at that date and report the results. In addition, 100% of the gift cards as reported on the inventory schedule at June 30, 2021, will be selected for recounting. Finding: We met with the WSP Senior Project Coordinator virtually to conduct a gift card inventory of gift cards for RCTC and the San Bernardino County Associated Governments (SBCTA) (both funded by RCTC). No exceptions were found as a result of performing this procedure. Amazon Stater Bros. Target Wal-Mart Total RCTC Advantage Rideshare Program $ 4,105 $ 7,745 $ 8,610 $ 3,380 $ 23,840 SBCTA Option Rideshare Program 4,200 5,195 7,790 7,645 24,830 $ 48,670 2 323 5. Confirm that the storage and security of gift cards by WSP is consistent with IE Commuter Standard Operating Procedures. Finding: No exceptions were found as a result of performing these procedures. We were engaged by the Commission to perform this agreed -upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on compliance with the Commission's agreement with WSP to administer the Program. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of the Commission and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed -upon procedures engagement. This report is intended solely for the information and use of the Board of Commissioners and management of the Commission and is not intended to be and should not be used by anyone other than these specified parties. Rancho Cucamonga, California October 29, 2021 3 324 Exhibit 1 Riverside County Transportation Commission Measure A Commuter Assistance Program Schedule of Selected Purchases of Gift Cards by the Contractor Fiscal Year Ended June 30, 2021 Voucher Date Project Vendor Check Number Amount 04/08/2020 RCTC Target Corporation 1643582 $ 11,150 4 325 Exhibit 2 Riverside County Transportation Commission Measure A Commuter Assistance Program Schedule of Selected Employee Incentive Payments Made by the Contractor Fiscal Year Ended June 30, 2021 Employer Name Participant Incentive Disbursement Commute Initials Type Date Mode Amount Loma Linda University Health (LLUH) X.P Stater Bros 7/16/2020 carpool $ 115.00 Starcrest Products of California M.T Stater Bros 7/22/2020 bus $ 130.00 Minka Group A.V Walmart 8/25/2020 carpool $ 130.00 County of Riverside S.R Amazon 9/16/2020 carpool $ 80.00 K & N Engineering M.S Target 10/20/2020 bike $ 125.00 University of Redlands E.R Target 1/28/2021 carpool $ 100.00 Patton State Hospital D.D Target 2/19/2021 carpool $ 120.00 Ross Southwest Distribution Center M.A Walmart 4/16/2021 carpool $ 120.00 O'Reilly Auto Parts X.0 Amazon 5/10/2021 carpool $ 130.00 Pechanga Resort Casino D.F Walmart 6/25/2021 bus $ 130.00 5 326 Anne Mayer, Executive Di ctor ATTACHMENT 14 RIVERSIDE COUNTY TRANSPORTATION COMMISSION October 29, 2021 4080 Lemon Street, 3rd Floor • Riverside, CA Mailing Address: P.0. Box 12008 • Riverside, CA 92502-2208 951.787.7141 • 951.787.7920 • www.rctc.org Board of Commissioners Riverside County Transportation Commission Riverside, California The Annual Comprehensive Financial Report (ACFR) of the Riverside County Transportation Commission (Commission) for the year ended June 30, 2021 is hereby submitted for your receipt and acceptance. The ACFR is presented in three sections consisting of Introductory, Financial, and Statistical. The Financial Section includes the audited financial statements and other supplementary information and the independent auditor's report on those financial statements. Management of the Commission is responsible for the financial statements and other information presented in the ACFR. As the Executive Director and Chief Financial Officer of the Commission, we have reviewed the ACFR for the year ended June 30, 2021. Based on our knowledge, the ACFR does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made in the ACFR not misleading with respect to the period covered by the ACFR. Additionally, based on our knowledge, the financial statements and other financial information included in the ACFR fairly present in all material respects the financial condition and results of operations of the Commission as of and for the year ended June 30, 2021. Theresia Trevino, Chief Financial Officer 327 ATTACHMENT 15 RIVERSIDE COUNTY TRANSPORTATION COMMISSION October 29, 2021 4080 Lemon Street, 3rd Floor • Riverside, CA Mailing Address: P.O. Box 12008 • Riverside, CA 92502-2208 951.787.7141 • 951.787.7920 • www.rctc.org Board of Commissioners Riverside County Transportation Commission Riverside, California In connection with the submission of the Annual Comprehensive Financial Report (ACFR) of the Riverside County Transportation Commission (Commission) for the year ended June 30, 2021, as the management and Directors of the Commission, we understand that we are responsible for the operations and activities of the Commission's programs, projects, and administration. Accordingly, we hereby make the following representations based upon our knowledge. We are responsible for establishing and maintaining controls and procedures related to these operations and activities. We have designed such controls and procedures to ensure that material information is made known to us, particularly during the year ended June 30, 2021. The controls and procedures have been effective for the year ended June 30, 2021 and through the date of this letter. There have been and are no significant deficiencies in the design or operation of internal controls regarding financial reporting for the same period which could adversely affect the Commission's ability to record, process, summarize and report financial data. There have been and are no material weaknesses in internal controls. There have been no significant changes in internal control or in other factors that could significantly affect internal controls subsequent to June 30, 2021. Management also recognizes its responsibility for fostering a strong ethical climate so that the Commission's affairs are conducted according to the highest standards of personal and organizational conduct. In connection with this responsibility, we are not aware of any fraud, whether or not material, that involves management or other employees who have a significant role in the Commission's internal controls. Anne Mayer, Executiv Director Afthn Standiford, D,Ii xecutive Director 'hexesia Trpvir Chief Fi r ancial Officer Lorelle Moe -Luna, Multi modal Services Director Jennifer5osson, Toll Oper ons Director eenstra, Project Delivery Director tan Guizad a>iing and Programming Director / )—/H/4..e. David Thomas, Toll Project Delivery Director Aaron Hake, Interim R nal Conservation Deputy Executive Director David Knudsen, Interim External Affairs Director 328 EideBailly CPAs & BUSINESS ADVISORS RIVERSIDE COUNTY TRANSPORTATION COMMISSION Communication With Those Charged With Governance 329 AUDIT SERVICES • Audits of the following: • Comprehensive Annual Financial Report (Annual Report) • Local Transportation Fund (LTF) • State Transit Assistance Fund (STAF) • State of Good Repair Fund (SGR) • Proposition 1B Rehabilitation, Safety, and Security Project Accounts (Proposition 1 B) • Low Carbon Transit Operations Program (LCTOP) Account • 91 Express Lanes Fund • 15 Express Lanes Fund • Audit report on compliance over major federal programs, schedule of expenditures of federal awards and internal control in accordance with 2 CFR 200 (Single Audit) • Reports on internal control over financial reporting and on compliance in accordance with Government Auditing Standards • Report on compliance with aspects of contractual agreements • Perform Agreed Upon Procedures (AUP) on the following: • Appropriations Limit Calculation • Measure A Commuter Assistance Program 330 OUR RESPONSIBILITY IN ACCORDANCE WITH PROFESSIONAL STANDARDS • Form and express an opinion about whether the financial statements which are the responsibility of management, with your oversight, are presented fairly, in all material respects, in accordance with U.S. GAAP. • Express an opinion as to whether RCTC complied with direct and material compliance requirements described in the OMB Compliance Supplement for major federal programs. • Our responsibility is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. • We considered internal control over financial reporting and over direct and material compliance requirements for major federal programs. Such considerations were solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. 331 SUMMARY OF AUDIT RESULTS Financial Statements • Unmodified opinion on the Commission's Comprehensive Annual Financial Report and related reports Government Auditing Standards • No material weaknesses or significant deficiencies were reported Single Audit • Unmodified opinion on compliance • No material weaknesses, significant deficiencies or compliance findings were reported AUDITOR COMMUNICATIONS Ethics and Independence • We have complied with all relevant ethical requirements regarding independence. Significant Accounting Policies • Adopted GASB 84, Fiduciary Activities, and the applicable provisions of GASB 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans an amendment of GASB Statements No. 14 and No. 84, and a supersession of GASB Statement No. 32 Significant Estimates/ Sensitive Disclosures • Net Pension Liability (Note 10) • Net Other Postemployment Benefit (OPEB) Asset (Note 1 1) AUDITOR COMMUNICATIONS Uncorrectei Misstatements Measure A Western County major fund • Intergovernmental revenue was overstated, and unavailable revenue was understated by $1.9M. • Amounts were immaterial Consultations with Other Accountants • Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters. Si 1 nificant Difficulties • We encountered no significant difficulties in dealing with management. Disa 1 reements with Manoiemenl • No disagreements arose during the course of the audit. THANK YOU Roger Alfaro Partner ralfaro@eidebailly.com 909.466.4410 EideBailly CPAs & BUSINESS ADVISORS This presentation is presented with the understanding that the information contained does not constitute legal, accounting or other professional advice. It is not intended to be responsive to any individual situation or concerns, as the contents of this presentation are intended for general information purposes only. Viewers are urged not to act upon the information contained in this presentation without first consulting competent legal, accounting or other professional advice regarding implications of a particular factual situation. Questions and additional information can be submitted to your Eide Bailly representative, or to the presenter of this session. 335 AGENDA ITEM 6E RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Michele Cisneros, Deputy Director of Finance Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Sales Tax Analysis BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the sales tax analysis for Quarter 2, 2021 (2Q 2021). BACKGROUND INFORMATION: At its December 2007 meeting, the Commission awarded an agreement with MuniServices, LLC (MuniServices), an Avenu Company, for quarterly sales tax reporting services plus additional fees contingent on additional sales tax revenues generated from the transactions and use tax (sales tax) audit services. As part of the recurring contracts process in June 2018, the Commission approved a five-year extension through June 30, 2023. The services performed under this agreement pertain to only the Measure A sales tax revenues. Since the commencement of these services, MuniServices submitted audits, which reported findings and submitted to the California Department of Tax and Fee Administration (CDTFA), for review and determination of errors in sales tax reporting related to 1,401 businesses. Through 10 2021, the CDTFA approved $13,375,973 of cumulative sales tax revenues recovered for the Commission. If CDTFA concurs with the error(s) for the remaining claims, the Commission will receive additional revenues; however, the magnitude of the value of the remaining findings was not available. It is important to note that while the recoveries of additional revenues will be tangible, it will not be sufficient to alter the overall trend of sales tax revenues. MuniServices provided the Commission with the Quarterly Sales Tax Digest Summary report for 2Q 2021. Most of the 2Q 2021 Measure A sales tax revenues were received in the third quarter of calendar year 2021, during July 2021 through September 2021, due to a lag in the sales tax calendar. The summary section of the 2Q 2021 report is attached and includes an overview of California's economic outlook, local results, historical cash collections analysis by quarter, top 25 sales/use tax contributors, historical sales tax amounts, annual sales tax by business category, and five-year economic trend (general retail). Agenda Item 6E 336 Taxable transactions for the top 25 contributors in Riverside County generated 27.7 percent of taxable sales for the benchmark year ended 2Q 2021, slightly higher than the 26.5 percent for the benchmark year ended 2Q 2020. The top 100 tax contributors generated 57.7 percent for the benchmark year ended 2Q 2021, slightly lower than the 59.2 percent for the benchmark year ended 2Q 2020. In the Economic Category Analysis below, all six categories experienced new highs in the 2Q 2021 benchmark year compared to the prior eight benchmark years. The food products category reflects a new high from the 1Q 2021 benchmark quarter and is a result of the purchase of more taxable items at food markets such as cleaning supplies and paper products and an increase at liquor stores. ECONOMIC CATEGORY ANALYSIS %of Total / %Change RCTC State Wide Orange County Riverside County S.F. Bay Area Sacramento Valley Central Valley South Coast North Coast Central Coast General Retail 31.6/26.8 28.4/3.0 26.2/ 2.4 30.5/24.4 26.8/ 2.9 26.8/15.7 37.3/27.9 27.1 /6.3 30.5/14.2 28.7/-12.6 Food Products 14.9/7.2 18.5/-14.0 18.9/ -4.9 17.9/7.1 17.5/-21.4 15.4/ -1.2 13.7/ -7.5 20.4/ -6.6 15.8/-22.4 30.0/-25.5 Transportation 23.1/21.0 23.8/-0.8 25.4/11.9 25.2/16.6 21.6/1.4 28.6/12.9 21.5/-5.5 24.4/9.7 27.8/8.1 23.3/-16.1 Construction 11.3/23.0 11.2/2.1 9.6/11.3 14.5/19.0 11.6/4.7 13.6/13.1 11.3/3.6 10.0/9.6 16.0/9.8 9.0/-19.2 Business to Business 15.2/12.1 17.1/ -8.0 18.8/0.7 11.2/4.8 21.5/ -0.8 14.4/4.0 15.4/ -3.2 16.9/ -0.8 9.0/3.2 8.2 /-35.1 Miscellaneous 3.9/44.7 1.0/-13.3 1.1 / -6.5 0.7/7.6 1.0 /-13.8 1.2/5.5 0.8/3.0 1.2/20.1 0.9/ -3.6 0.8/-14.7 Total 100.0/20.0 100.0/ -3.7 100.0/3.5 100.0/15.8 100.0/ -3.4 100.0/9.8 100.0/6.0 100.0/3.4 100.0/3.1 100.0/-20.4 General Retail: Apparel Stores, Department Stores, Furniture/Appliances, Drug Stores, Recreation Products, Florist/Nursery, and Misc. Retail Food Products: Restaurants, Food Markets, Liquor Stores, and Food Processing Equipment Construction: Building Materials Retail and Building Materials Wholesale Transportation: Auto Parts/Repair, Auto Sales - New, Auto Sales - Used, Service Stations, and Misc. Vehicle Sales Business to Business: Office Equip., Electronic Equip., Business Services, Energy Sales, Chemical Products, Heavy Industry, Light Industry, Leasing, Biotechnology, I.T. Infrastructure, and Green Energy Miscellaneous: Health & Government, Miscellaneous Other, and Closed Account Adjustments An analysis of sales tax performance through 2Q 2021 is attached and illustrates fairly consistent cycles for sales tax performance for most of the economic categories since 2Q 2016 - with the exception of COVID-19 impacts for some categories. For eight of the top 10 segments (miscellaneous retail, auto sales - new, department stores, building materials - wholesale, building materials - retail, food markets, apparel stores, and heavy industry) during the past eight benchmark year quarters, sales tax receipts reached a new high point in 2Q 2021. The segments represent 57.5 percent of the total sales tax receipts. The service stations segment representing 5.6 percent was higher than the 2Q 2020 benchmark year, but lower than the 2Q 2019 and 2Q 2018 benchmark years. Restaurants representing 9 percent was higher than the 2Q 2020 benchmark year, but lower than the 2Q 2019 benchmark year. The top 10 segments represent 72.1 percent of total sales tax receipts. For the other 21 segments representing 27.9 percent of total sales tax receipts, 17 segments representing 24.8 percent of total sales tax receipts reached new high points in the benchmark year 2Q 2021. In the Economic Segment Analysis below, auto sales - new has been in the top economic segments since 2014. Restaurants had been in the top economic segments since 2014 but was replaced by miscellaneous - retail beginning in the 3Q 2020 benchmark year. Miscellaneous - retail includes online retailers and has been a large contributor to sales/use tax in Riverside County during the COVID-19 pandemic. Agenda Item 6E 337 ECONOMIC SEGMENT ANALYSIS RCTC State Wide Orange County Riverside County S.F. Bay Area Sacramento Valley Central Valley South Coast North Coast Central Coast Largest Segment Miscellaneous Retail Auto Sales - New Auto Sales - New Auto Sales - New Auto Sales - New Auto Sales - New Department Stores Restaurants Auto Sales - New Restaurants of Total / % Change 12.5/42.4 12.4/13.3 14.9/24.6 12.2/27.0 12.3/15.0 13.0/23.8 11.3/ -1.9 13.6/-11.6 12.4/22.4 20.0/-27.6 2nd Largest Segment Auto Sales - New Restaurants Restaurants Miscellaneous Retail Restaurants Department Stores Miscellaneous Retail Auto Sales - New Department Stores Auto Sales - New of Total / % Change 11.5/32.8 11.9/-18.7 12.7/ -9.4 11.1/49.6 11.0/-27.9 10.0/4.7 11.1/114.2 13.2/25.0 12.0/9.5 14.0/ -2.2 3rd Largest Segment Department Stores Department Stores Department Stores Restaurants Miscellaneous Retail Restaurants Furniture/ Appliance Department Stores Bldg.Matls- Retail Miscellanea us Retail %of Total/%Change 9.5/12.1 8.7/-6.5 8.9/2.7 10.4/4.6 10.1/16.4 9.7/-4.0 8.9/29.5 8.6/3.2 10.2/15.1 8.6/-14.4 Information regarding sales tax comparison by city and change in economic segments (two highest gains and two highest losses) for 2Q 2021 to 2Q 2020 is attached. Staff will monitor sales tax receipts and other available economic data to determine the need for any adjustments to the revenue projections. Staff will utilize the forecast scenarios with the complete report and receipt trends in assessing such projections. Attachments: 1) Sales Tax Digest Summary 2Q 2021 2) Sales Tax Performance Analysis by Quarter 2Q 2021 3) Quarterly Sales Tax Comparison by City for 2Q 2021 to 2Q 2020 Agenda Item 6E 338 Riverside County Transportation Commission Sales Tax Digest Summary Collections through August 2021 Sales through June 2021 (2021Q2) ATTACHMENT 1 CALIFORNIA'S ECONOMIC OUTLOOK California sales tax receipts increased by 32.3% over the same quarter from the previous year, with Northern California reporting a 28.6% increase compared to a 35.3% increase for Southern California. Receipts for the RCTC increased by 37.1% over the same periods. Real Gross Domestic Product (GDP) increased at an annual rate of 6.5% in the second quarter of 2021. Real GDP in Q2 2021 surpassed its Q4 2019 pre -pandemic peak by 0.8%. (Finance Bulletin, August 2021) The U.S. unemployment rate fell by 0.7% to 5.2% in August of 2021 compared to July of 2021. Total U.S. nonfarm payroll employment increased by 235,000 (0.2%) in August compared to July of 2021. California's unemployment rate remained unchanged at June's revised rate of 7.6% for the month of July 2021. California's civilian employment increased by 56,000 (0.3%) in July of 2021 compared to June of 2021. (Finance Bulletin, August 2021 & BLS) LOCAL RESULTS Net Cash Receipts Analysis Local Collections Less: Cost of Administration Net 2Q2021 Receipts Net 2Q2020 Receipts Actual Percentage Change $70,527,812 $(495,400) $70,032,412 $51,084,790 37.1% Business Activity Performance Analysis Local Collections — Economic Basis 2Q2021 Local Collections — Economic Basis 2Q2020 Quarter over Quarter Change Quarter over Quarter Percentage Change $65,967,250 $47,404,777 $18,562,473 39.2% Avenu Insights & Analytics' On -Going Audit Results Total Recovered Since Inception $13,375,973 www.avenuinsights.com (8N 800-8181 Page 1 RCTC HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER (in thousands of $) $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $- 102019 202019 3Q2019 402019 1Q2020 2Q2020 302020 402020 102021 202021 Net Receipts —10—CDTFAAdmin Fees Due TOP 25 SALES/USE TAX CONTRIBUTORS The following list identifies RCTC's Top 25 Sales/Use Tax contributors. The list is in alphabetical order and represents sales from July 2020 to June of 2021. The Top 25 Sales/Use Tax contributors generate 27.7% of RCTC's total sales and use tax revenue. AMAZON.COM — EC AMAZON.COM SERVICES — EC ARCO AM/PM MINI MARTS BEST BUY STORES CARMAX THE AUTO SUPERSTORE CHEVRON SERVICE STATIONS CIRCLE K FOOD STORES COSTCO WHOLESALE DEPARTMENT OF MOTOR VEHICLES EBAY — EC HOME DEPOT JACK IN THE BOX RESTAURANTS KOHL'S DEPARTMENT STORES * "- EC" added to the end of business names represent electronic commerce. LOWE'S HOME CENTERS MCDONALD'S RESTAURANTS RALPH'S GROCERY COMPANY ROSS STORES SAM'S CLUB SHELL SERVICE STATIONS STATER BROS MARKETS TARGET STORES TESLA VERIZON WIRELESS W.W. GRAINGER WAL MART STORES www.avenuinsights.com (800) 800-8181 Page 2 340 RCTC HISTORICAL SALES TAX AMOUNTS The following chart shows the sales tax level from annual sales through June of 2021, the highs, and the lows for the top ten segments over the last two years in thousands of $. $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 °tea �eoJS \ey .(s e pa w t;<". �\yce PJ QeQ 1 1 T H 202021 • High • Low w5 J§a , oc e5 s' ice a\o Qe� le aJa� yea �5 ` a�5 4a cep \° Pe \a��• boo ANNUAL SALES TAX BY BUSINESS CATEGORY 202021 102021 402020 302020 202020 102020 402019 302019 202019 1Q2019 (in thousands of $) 75,496 55,211 27,033 36,400 8,700 69,996 49,499 24,964 34,493 7,947 65,413 46,436 61,230 46,129 22,520 32,475 8,204 58,006 32, 45,537 21,876 32,267 7,438 47,275 21,528 32,658 7,251 47,647 21,084 32,411 6,862 54,868 35,301 47,135 21,166 32,419 6,524 53,930 35,07 47,355 20,971 31,697 6,162 52,958 34,697 47,051 20,724 31,275 5,954 $ 0 $ 20,000 $ 40,000 $ 60,000 $ 80,000 $ 100,000 $ 120,000 $ 140,000 $ 160,000 $ 180,000 $ 200,000 • General Retail Food Products • Transportation 3 Construction ■ Business To Business • Miscellaneous 1103 S1gSisulnuann• 14MM 3Q2016 4Q2016 1Q2017 2Q2017 3Q2017 4Q2017 1Q2018 2Q2018 3Q2018 4Q2018 1Q2019 2Q2019 3Q2019 4Q2019 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 ($ jo spuesnoto. ui) Ile4.ab leieuag :ON3al JIWONOJ3 2IV3A-3AI3 RCTC: Sales Tax Performance Analysis by Quarter ATTACHMENT 2 TOTAL TOTAL $70,000,000 - $60,000,000 - $50,000,000 - $40,000,000 - $30,000,000 - $20,000,000 - $10,000,000 - $0 off o- 0- a off 0- o- a off' a 0- ti(o ti(o ti^ ti^ r / ti� ti� ti� ti0 'Al0 by Q3 Q4 Q1 Q2 Economic CATEGORY TOTAL $25,000,000 2021Q2 QoQ %A QoQ $o YoY %A YoY $A $65,965,671 39.2% $18,559,896 20.0% $39,858,589 $20,000,000 $15,000,000 $10,000,000 $5,000,000 GENERAL RETAIL 2021Q2 QoQ %A QoQ $A YoY %A YoY $A $19,518,082 37.5% $5,322,820 26.8% $15,968,727 % of 2021Q2 Total: 29.6% FOOD PRODUCTS 2021Q2 QoQ %A QoQ $o YoY %A YoY $A $10,482,707 54.4% $3,695,510 7.2% $2,372,921 % of Total: 15.9% TRANSPORTATION 2021Q2 QoQ %A QoQ $o YoY %0 YoY $A $16,304,286 51.5% $5,540,354 21.0% $9,573,470 % of Total: 24.7% CONSTRUCTION 2021Q2 QoQ %A QoQ $o YoY %A YoY $,6 $7,600,193 25.4% $1,539,131 23.0% $5,063,506 % of Total: 11.5% BUSINESS TO BUSINESS 2021Q2 QoQ %A QoQ $o YoY %A YoY $� $9,548,960 19.6% $1,563,029 12.1% $3,927,142 % of Total: 14.5% QoQ = 21Q2 / 20Q2 YoY = YE 21Q2 / YE 20Q2 343 Avenu Insights & Analytics ATTACHMENT 3 RCTC: Quarterly Comparison of 2020Q2 and 2021Q2 (April through June Sales) 3 m 0 1- v m General Retail Transportation 2 c 0 u0 0 v ; AApr -Jun 2021 Apr -Jun 2020 (2021Q2) (2020Q2) % Chg Gain Gain Decline Decline RIVERSIDE COUNTY BANNING 70.5% 31.1% 33.8% -3.3% 30.0% 106.9% 777,966 568,221 BEAUMONT 40.0% 45.9% 42.9% 195% -82.7% -18.2% 1,652,355 1,797,106 BLYTHE 12.0% 15.1% 20.1% -28.8% 18.9% 37.1% 414,589 381,694 CALIMESA 8.8% 46.5% 57.5% -72.5% 170.1% -8.8% 269,799 185,491 CANYON LAKE 39.1% 75.1% -5.1% 3595.2% 15.2% -3.4% 79,528 56,553 CATHEDRAL CITY 22.3% 45.7% 60.3% 17.9% 10.5% 50.7% 2,887,601 1,959,100 COACHELLA 20.3% 27.1% 43.7% -20.6% 96.9% -1.5% 967,920 717,162 CORONA 45.1% 45.9% 44.1% -0.2% 5.3% 30.3% 10,642,522 8,717,110 COUNTY OF RIVERSIDE 2034% 49.7% 44.2% 39.5% 23.9% 30.0% 9,705,855 5,712,575 DESERT HOT SPRINGS 10.9% 30.9% 66.1% 24.6% 61.5% -26.9% 499,732 368,978 EASTVALE 1328.7% 41.9% 26.2% 36.7% -37.3% -11.2% 9,668,099 1,885,785 HEMET 36.3% 36.3% 47.9% -3.7% 33.1% -30.3% 3,802,104 2,814,914 INDIAN WELLS 134.4% 1194.5% 0.0% 67.2% -51.9% 203.1% 194,233 52,782 INDIO 47.2% 49.1% 46.9% 31.4% 13.8% 79.9% 3,277,580 2,316,752 JURUPAVALLEY 1.1% 32.4% 65.7% 45.3% 71.0% 9.3% 4,868,116 3,576,418 LAKE ELSINORE 37.3% 40.5% 48.0% -2.5% 36.0% 1.4% 3,219,105 2,388,509 MENIFEE 81.9% 40.4% 40.1% 31.0% 47.1% 31.1% 2,567,173 1,714,257 MORENO VALLEY 242.1% 39.9% 49.6% -10.3% 9.0% 841.3% 7,601,291 4,229,344 MURRIETA 43.0% 58.8% 42.9% 9.7% 28.2% -29.7% 5,355,180 3,855,418 NORCO 28.0% 31.5% 50.3% 7.8% 44.4% -42.3% 2,126,227 1,542,787 PALM DESERT 101.1% 112.4% 81.5% 29.5% 42.8% 9.9% 5,101,628 2,754,143 PALM SPRINGS 77.1% 178.5% 76.5% 14.2% 77.0% 90.9% 3,867,016 2,064,773 PERRIS -62.7% 48.2% 37.2% 23.0% -30.9% -8.1% 5,503,782 8,023,226 RANCHO MIRAGE 81.4% 155.4% 565% 10.4% 35.5% -1.0% 1,401,818 842,136 RIVERSIDE 67.0% 48.2% 40.0% 555% 8.1% -7.3% 18,072,719 12,782,735 SAN JACINTO 17.7% 30.6% 45.2% 1.8% 80.3% 57.2% 918,336 707,110 TEMECULA 72.1% 76.5% 54.1% 1.7% 15.8% 73.9% 9,945,531 6,644,776 WILDOMAR 19.7%I 32.9% 43.5% 37.7% 61.7% 118.0% 556,606 402,976 36.9% -8.1% 8.6% 45.5% 40.6% 47.4% 35.0% 22.1% 69.9% 35.4% 412.7% 35.1% 268.0% 41.5% 36.1% 34.8% 49.8% 79.7% 38.9% 37.8% 85.2% 87.3% -31.4% 66.5% 41.4% 29.9% 49.7% 38.1% Service Stations Restaurants Service Stations Service Stations Restaurants Auto Sales - New Service Stations Restaurants Miscellaneous Retail Service Stations Miscellaneous Retail Auto Sales - New Restaurants Auto Sales - New Heavy Industry Auto Sales - New Restaurants Miscellaneous Retail Auto Sales - Used Auto Sales - Used Restaurants Restaurants BIdg.Matls-Retail Restaurants Auto Sales - New Service Stations Auto Sales - New Service Stations Auto Sales - New Service Stations Restaurants Restaurants Service Stations Restaurants Restaurants Service Stations Apparel Stores Restaurants Bldg.Matls-Whsle Restaurants Miscellaneous Retail Restaurants Service Stations Department Stores Furniture/Appliance Auto Sales - New Furniture/Appliance Service Stations Apparel Stores Miscellaneous Retail Food Markets Auto Sales - New Bldg.Matls-Whsle Restaurants Restaurants Restaurants Misc. Vehicle Sales Business Services Bldg.Matls-Whsle Office Equipment Auto Sales - Used Heavy Industry Drug Stores Office Equipment Electronic Equipment Miscellaneous Other Business Services Bldg.Matls-Retail Heavy Industry Electronic Equipment Department Stores Bldg.Matls-Retail Bldg.Matls-Whsle Bldg.Matls-Retail Bldg.Matls-Retail Miscellaneous Other Auto Sales - New Light Industry Miscellaneous Retail Apparel Stores Heavy Industry Drug Stores Bldg.Matls-Retail Florist/Nursery BIdg.Matls-Whsle Light Industry Bldg.Matls-Retail Misc. Vehicle Sales Auto Parts/Repair Food Processing Eqp Bldg.Matls-Whsle BIdg.Matls-Retail Heavy Industry Leasing Light Industry Health & Government Light Industry Drug Stores Florist/Nursery Drug Stores Auto Sales - Used Bldg.Matls-Whsle Miscellaneous Other Misc. Vehicle Sales Energy Sales Chemical Products Business Services Miscellaneous Other Health & Government Leasing Business Services Apparel Stores Non -Confidential 344 MuniServices / Avenu Insights & Analytics AGENDA ITEM 6F RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Megan Kavand, Senior Financial Analyst Michele Cisneros, Deputy Finance Director THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Investment Report BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Investment Report for the quarter ended September 30, 2021. BACKGROUND INFORMATION: The Commission's quarterly investment reports have generally reflected investments primarily concentrated in the Riverside County Pooled Investment Fund as well as investments in mutual funds for sales tax revenue bonds debt service payments and in the state Local Agency Investment Fund. As a result of significant project financings such as the State Route 91 Corridor Improvement Project (91 Project or 91 CIP) and the Interstate 15 Express Lanes Project (1-15 ELP), the Commission engaged MetLife Investment Management, LLC, formerly Logan Circle Partners, L.P. (MetLife), as the investment manager for the bond proceeds and other required funds. Additionally, the Commission engaged Payden & Rygel Investment Management (Payden & Rygel) to make specific investments for Commission operating funds. The Commission approved initial agreements with the investment managers in May 2013 following a competitive procurement and has extended the agreements through the annual recurring contracts process. MetLife invested the debt proceeds and subsequent other required contributions for the 91 Project and 1-15 ELP in separate accounts of the Short -Term Actively Managed Program (STAMP). The Commission completed the 91 Project financing in 2013 and the 1-15 ELP project and 91 Project completion financing (2017 Financing) in July 2017. Consistent with financing expectations, the Commission expended all of the 91 Project debt proceeds and equity contributions, except for the toll revenue bonds debt service reserve, and subsequent to commencement of operations, established other required accounts. The Commission continues to expend the 2017 Financing bond proceeds on the 1-15 ELP and funded required reserve accounts. The quarterly investment report for the first quarter of Fiscal Year 2021/22, as required by state law and Commission policy, reflects the investment activities resulting from the 91 Project, Agenda Item 6F 345 2017 Financing, and available operating cash. As of September 30, 2021, the Commission's cash and investments was comprised of the following: CASH AND INVESTMENTS PORTFOLIO AMOUNTS Operating Trust Commission -managed STAMP for 91 CIP STAMP for 2017 Financing Total 655,289,621 163,406,924 134,816,076 65,925,506 50,651,195 The quarterly investment report includes the following information: $ 1,070,089,322 • Investment Portfolio Report; • 91 CIP STAMP Portfolio by Investment Category; • 91 CIP STAMP Portfolio by Account; • 91 CIP STAMP Portfolio Transaction Report by Account; • 2017 Financing STAMP Portfolio by Investment Category; • 2017 Financing STAMP Portfolio by Account; • 2017 Financing STAMP Portfolio Transaction Report by Account; • MetLife Short Duration Third Quarter 2021 Review; • Payden & Rygel Operating Portfolio by Investment Category; • Payden & Rygel Operating Portfolio Transaction Report; • Payden & Rygel Operating Portfolio Third Quarter 2021 Review; and • County of Riverside Investment Report for the Quarter Ended September 30, 2021. During the quarter ended September 30, 2021, MetLife liquidated all or portions of the 2013 A&B Senior Lien Obligations Reserve Fund, 2013 Subordinate Obligations Reserve Fund, and the Residual Fund in anticipation of funds required for the 2021 91 Express Lanes refinancing transaction that closed in mid -October. Accordingly, the 91 CIP STAMP Portfolio Transaction Report by Account has numerous transactions compared to prior quarterly reports. The Commission's investments were in full compliance with the Commission's investment policy adopted on August 12, 2020, and investments securities permitted under the indenture for the Commission's sales tax revenue bonds and the master indentures for the Commission's toll revenue bonds. Additionally, the Commission has adequate cash flows for the next six months. Attachments: 1) Investment Portfolio Report 2) 91 CIP STAMP Portfolio by Investment Category 3) 91 CIP STAMP Portfolio by Account 4) 91 CIP STAMP Portfolio Transaction Report by Account 5) 2017 Financing STAMP Portfolio by Investment Category Agenda Item 6F 346 6) 2017 Financing STAMP Portfolio by Account 7) 2017 Financing STAMP Portfolio Transaction Report by Account 8) Payden & Rygel Operating Portfolio by Investment Category 9) Payden & Rygel Operating Portfolio Transaction Report 10) MetLife Short Duration Quarterly Review 11) Payden & Rygel Operating Portfolio Quarterly Review 12) County of Riverside Investment Report Agenda Item 6F 347 ATTACHMENT 1 Riverside County Transportation Commission Investment Portfolio Report Period Ended: September 30, 2021 RATING COUPON PAR PURCHASE MATURITY YIELD TO PURCHASE MARKET UNREALIZED FAIR VALUE MOODYS / S&P RATE VALUE DATE DATE MATURITY COST VALUE GAIN (LOSS) OPERATING FUNDS City National Bank Deposits 12,443,116 A3/BBB+ N/A N/A County Treasurer's Pooled Investment Fund 638,920,241 Aaa-bf/AAA-V1 N/A 0.29% Local Agency Investment Fund (LAIF) 3,926,264 N/A N/A N/A Subtotal Operating Funds 655,289,621 FUNDS HELD IN TRUST County Treasurer's Pooled Investment Fund: Local Transportation Fund 163,406,924 Aaa-bf/AAA-V1 N/A 0.29% Subtotal Funds Held in Trust 163,406,924 COMMISSION MANAGED PORTFOLIO US Bank Payden & Rygel Operating 55,723,340 See attached report for details First American Government Obligation Fund 79,092,736 N/A N/A N/A Subtotal Commission Managed Portfolio 134,816,076 STAMP PORTFOLIO for 91 CIP Series A & Series B Reserve Fund Residual Fund Required Retained Balance TIFIA Reserve Fund Subtotal STAMP Portfolio - 91 CIP STAMP PORTFOLIO for 2017 Financing Sales Tax 115 ELP Project Revenue Fund Ramp Up Fund Subtotal STAMP Portfolio - 2017 Financing TOTAL All Cash and Investments $700,000,000 $600,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $100,000,000 17,880,083 27,014,689 21,030,734 65,925,506 34,959,143 15,692,052 50,651,195 $ 1,070,089,322 See attached report for details See attached report for details See attached report for details See attached report for details See attached report for details Nature of Investments • STAMP Portfolio for 91 CIP Reserve • STAMP Portfolio for 91 CIP Residual Fund • STAMP Portfolio for 91 CIP TIFIA Reserve Fund • STAMP Portfolio for 2017 Financing 115 ELP Project Revenue Fund • STAMP Portfolio for 2017 Financing Ramp Up Fund • Commission Managed Portfolio • Trust Funds • Operating Funds 348 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Investment Category for quarter ended September 30, 2021 ATTACHMENT 2 Account Identifier Security .e Cate on Asset Name 1 Base Net Total Nest Call Unrealized S&P Moody .Asset Name 2 Final Maturity Issue Date Curren) Face Value Ori'nal Cost Date Base Market Value Gain/Loss au an Yield Ratin • Ratio 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 318463401 CASH EQUIVALENTS FIRST AMERICAN GOVERNMENT OBLIG FO CL D 764232.69 764.23269. 764232.69 - 0.006 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 31840V401 CASH EQUIVALENTS FIRST AMERICAN GOVERNMENT OBLIG FD CL0 345,09965 345,09965 345099.65 - 0006 256350023 RCTC 2013 A&B TOLL 8052013088 RSV 318460401 CASH EQUIVALENTS FIRST AMERICAN GOVERNMENT OBLIG NCLD 616,235.36 616.23536 616,235.36 - O.00fi 256350021 RCTC 2013 086 T0LL BDS RESIDUAL FD 060516406 CORPORATE OBLIGATIONS BANK OF AMERICA CORP 300412/20/2023 12/20/2023 12/20/2017 185000.00 194,41280 12/20/2022 190655.45 (375735) 3004 2915 A- A2 256350021 RCTC 2013686 TOLL BDS RESIDUAL FD 060510J83 CORPORATE OBLIGATIONS BK OF AMERICA CORP SL GLBL NT 24 MEDIUM TERM NOTE 10/24/2024 10/21/2020 205000.00 205,604.75 10/24/2023 205,709.30 104.55 0.810 0.807 A- A2 256350021 RCTC 2013 686 TOLL BDS RESIDUAL FD 12596E328 CORPORATE OBLIGATIONS CNN EQUIPMENT TRUST CM 05562015 8 CL 03 11/15/2023 09/26/2018 47,7/117 48.01059 48,405.09 394.50 3.190 3.148 61/0 AAA 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 140414FU0 CORPORATE OBLIGATIONS CAPITAL ONE MULTI ASSET ABS SER 201902 CL A2 08/15/2024. 09/05/2019 100,000.00 100.312.50 101,325.00 1.012.50 1720 1.698 AAA N/A 256350021 RCTC 2013 388 TOLL BDS RESIDUAL FD 14315X002 CORPORATE OBLIGATIONS CARMAX AUTO OWNER TRUST A B 65ER 20201 CL A3 12/16/2024 01/22/2020 60,000.00 59,98823 60,846.60 858.37 1.890 1864 AAA N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 143150400 CORPORATE OBLIGATIONS CARMAX AUTO OWNER TRUST A B S SER 20201 CL A4 06/16/2025 01/22/2020 280,000.00 291,309.38 288,436.40 (2,872.98) 2.030 1.971 AAA N/A 256350021 RCTC 2013088 TOLL BOS RESIDUAL FD 172967446 CORPORATE OBLIGATIONS CITIGROUP INC 0981 05/01/2025 05/01/2025 05/04/2021 165000.00 165,00000 04/01/2025 165.534.60 534.60 0981 0978 BBB+ A3 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 20030NCRO CORPORATE OBLIGATIONS COMCAST CORP 3700 04/15/2024 04/15/2024 10/05/2018 250000.00 275,055.00 03/15/2024 268,877.50 (6,177.50) 3.700 3.440 A- A3 256350021 RCTC 2013 A86 TOLL BDS RESIDUAL FD 3452805U3 CORPORATE OBLIGATIONS FORD CREDIT FLOORPLAN MASTER OWNER AB5SER 20173 CLA 09/15/2024 10/11/2017 10000000 103,44531 102,106.00 (1,33931) 2480 2429 AAA N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 345280096 CORPORATE OBLIGATIONS FORD CREDIT FLRPLN TR 201928 ABS SER 20192 CL B 04/15/2026 04/09/2019 10000000 10,39062 106,237.00 (1,153.62) 3.250 3.059 N/A AA1 L 669 _ 5 09 22918 0697 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 345280463 CORPORATE OBLIGATIONS FORD CREDIT MSTR TRA AO SSER 20201 CL Al 09/15/2025 09/18/2020 225,00000 224,986.86 226,Ofi875 1,081.89 09/15 0697 N/A AAA 256350021 RCTC 2013098 TOLL BDS RESIDUAL FD 38013FAD3 CORPORATE OBLIGATIONS GM FINANCIAL SECURITIZED TERM C M O SER 20184 CLA3 10/16/2023 10/10/2018 19,62143 19,78100 19;784.48 308 3.210 3.184 AAA AAA 756350021 RCTC 2013 588 TOLL BDS RESIDUAL 00 38141GXL3 CORPORATE OBLIGATIONS GOLDMAN S3CH5 GROUP INC 0.62711/17/2023 11/17/2023 11/15/2020 48500000 486,14000 11/17/2022 485,198.85 (941.15) 0627 0527 BBB+ A2 256350021 RCTC 2013496 TOLL BDS RESIDUAL FD 440452455 CORPORATE OBLIGATIONS HORMEL FOODS CORP 065006/03/2024 06/03/2024 06/03/2021 215000.00 214.961.30 06/03/2022 215206.40 245.10 0.650 0.649 A Al 256350021 RCTC 2013 A&B TOLL 805 RESIDUAL FD 40647PAY2 CORPORATE OBLIGATIONS JPMORGAN CHASE CO 402312/05/2024 12/05/2024 12/05/2018 495.00000 544,524.45 12/05/2023 530184.60 (14,639.85) 4.023 3756 02 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 49327M299 CORPORATE OBLIGATIONS KEY BANK NA 330006/01/2025 06/01/2025 06/01/2015 25000000 271,962.50 270,620.00 (1.342.50) 3300 3.049 A3 256350021 RCTC 2013488 TOLL BDS RESIDUAL FD 617446809 CORPORATE OBLIGATIONS MORGAN STANLEY 056011/10/2023 11/10/2023 11/13/2020 380,00000 380.00000 10/10/2023 380490.20 49020 0560 0550 BBB+ Al 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 6374328104 CORPORATE OBLIGATIONS NATIONAL RURAL UTIL COOP 3.40011/15/2023 11/15/2023 11/05/2013 165,000.00 178.234.65 08/15/2023 174,127.80 (4,106.85) 3.400 3.222 A- Al 256350021 RCTC 2013049 TOLL BDS RESIDUAL FD 093536007 CORPORATE OBLIGATIONS 556 BANK NA MEDIUM TERM NOTE 02/24/2023 02/25/2020 25000000 250,000.00 02/24/2022 25027500 27500 VAR 0453 A A2 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 842400HC0 CORPORATE OBLIGATIONS SOUTHERN CA EDISON CO 10508L 2021C 24 04/01/2024. 04/01/2021 160,000.00 160000.00 04/01/2023 160,825.60 825.60 VAR 0.895 A3 3 3 2 I 0300 59.86 ._. 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 863667666 CORPORATE OBLIGATIONS STRYKER CORPORATION 060012/01/2023 12/01/2023 11/23/2020 16000000 159,86080 160006.40 14360 0600 0600 13.1 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 892367402 CORPORATE OBLIGATIONS TOYOTA MOTOR CREDIT CORP MEDIUM TERM NOTE 01/11/2024 01/11/2021 170.000.00 169,989.80 169,602.20 (387.60) 0450 0.451 A+ A1] 256350021 RCTC 2013 NIB TOLL BOS RESIDUAL FD 89788MAF9 CORPORATE OBLIGATIONS TRUIST FINL CORPVR MEDIUM TERM NOTE 06/09/2025 06/07/2021 24500000 24500000 06/09/2024 245.967.75 96]75 VAR 0000 A- A3 256350021 RCTC 2013 A08 TOLL BDS RESIDUAL FD 91159HHV5 CORPORATE OBLIGATIONS US BANCORP MEDIUM TERM NOTE 02/05/2024 02/04/2019 500,000.00 543,86500 01/05/2024 531,480.00 (12385.00) 3.375 3.175 A+ A2 256350021 RCTC 2013 A8,6 TOLL BDS RESIDUAL FD 92+479032 CORPORATE OBLIGATIONS 05+120N OWNER TRUST A 8S SER 2019 A CLAIA 09/20/2023 03/13/2019 80565.07 81613.52 81291.16 (32246) 2930 2904 AAA AAA 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 950000283 CORPORATE 08/100TION5 WELLS FARGO CO. MEDIUM TERM NOTE 06/02/2024 06/02/2020 395,000.00 404,254.85 06/02/2023 40272225 (1,532.60) 1654 1.622 BBB+ Al __. _ 1 . 7 0 0 1082 _. 256350021 RCTC 2013 A8.13 TOLL BDS RESIDUAL FD 981624004 CORPORATE OBLIGATIONS WORLD OMNI AUTOMOBILE LEASE AO S SER 2020 A CL A3 01/15/2023 02/12/2020 235,00000 239,7/3.44 237,502]5 (227069) 1.]00 1.682 N/A AAA 256350021 RCTC 2013 A&B TOLL 809 RESIDUAL FD 981629A05 CORPORATE OBLIGATIONS WORLD OMNI AUTO RECEIVABLES TRUST 6850=820193 CL 43 05/15/2024 01/30/2019 75,903.51 76,81757 76,701.26 (116.32) 3040 3.008 AAA N/A 756350021 RCTC 2013 MB TOLL BOS RESIDUAL FD 216880005 FOREIGN OBLIGATIONS COOPERATIEVE CENTRALE RAI FFEIS MEDIUM TERM NOTE 01/12/2024 01/12/2021 285,00000 284,80335 283691.85 (1,11150) 0375 0.371 A+ AA2 256350021 RCTC 2013 A&B TOLL BD5 RESIDUAL FD 22550L2E0 FOREIGN OBLIGATIONS CREDIT SUISSE NEW YORK MEDIUM TERM NOTE 02/02/2024 02/02/2021 250.000.00 250000.00 249097.50 (902.50) 0495 0.497 A. Al 256350021 RCTC 2013088 TOLL 809 RESIDUAL FD 458180029 FOREIGN OBLIGATIONS INTER AMERICAN DEVEL BK 1.75009/14/2022 09/14/2022 09/14/2017 650,00000 65206]00 659620.00 7,55300 1.750 1724 AAA AAA 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 0720244W8 MUNICIPAL OBLIGATIONS BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE REF SUB SAN FRANCISCO 04/01/2022 09/26/2019 95,000.00 95,00000 95,925.30 92530 2.128 2.107 AA- Al 806 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 194740P57 MUNICIPAL OBLIGATIONS 00015 CNTYTX TAXABLE LTD TAX REF 4092020 02/15/2024 06/15/2020 1]5,00000 1]5.000.00 176,601.25 1,601.25 0867 0859 AAA AAA 256350021 RCTC 2013 068 TOLL BDS RESIDUAL FD 196480CW5 MUNICIPAL OBLIGATIONS COLORADO ST HSG FIN AUTH T%BL ADJ MULTI FAMILY PROJ CLASS ISER C 10/01/2051 09/11/2019 200,000.00 20000000 200,000.00 • 10/01 0.073 4-1+ VMIG1 756350021 RCTC 2013088 TOLL BDS RESIDUAL FD 283062060 MUNICIPAL OBLIGATIONS EL DORADO CAIRR DIST REV TAXABLE REF BDS 20200 03/01/2022 06/23/2020 155,00000 15503000 15530845 30845 0,739 0738 AA- AA3 256350021 RCTC 2013 AU TOLL 8DS RESIDUAL FD 649710W03 MUNICIPAL OBLIGATIONS • NEW YORK Y CITY TRANSITIONAL FUTURE TAX SECURED SUBOR FISCAL 08501/2023 08/28/2012 155000.00 164.850.25 161,635.55 (3214.70) 2710 2.599 AAA AA1 256350021 RCTC 2013 088 TOLL BDS RESIDUAL FD 649900043 MUNICIPAL OBLIGATIONS NEW YORK ST DORM AUTH ST PERS INCOME TAX REV TAXABLE GEN PURP 03/15/2025 06/23/2021 17500000 17500000 175493.50 49350 0887 0885 AA+ N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 650036455. MUNICIPAL OBLIGATIONS NEW YORK ST URBAN DEV CORP REV TAXABLE PER INCOME TAX 2020B 03/15/2024. 06/25/2020 180,000.00 180,000.00 181,519.20 1,519.20 0.965 0.957 N/A AA7 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 7831861122 MUNICIPAL OBLIGATIONS RUTGER593 ST 11413 TXBL REF SER R 205705/01/2022 TAXABLE 05/01/2022 10/24/2019 105,00000 10500000 105,99225 992.25 2.057 2038 A+ AA3 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 3128MMT52 USTREAS B AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT POOL8018571 10/01/2030 10/01/2015 105036.54 109,40446 109,954.35 549.89 2.500 2.388 N/A N/A 256350018 RCTC 2013588 T0LL BDS SUB RSV FD 3128614115 US TREA58 AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT POOL #018586 02/01/2031 02/01/2016 91,86682 95,14407 95,893.34 74927 2500 2395 N/A N/A 256350018 RCTC 2013 460 TOLL BDS SUB RSV FD 313074=40 USTREAS & AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT POOL #132243 07/01/2030 07/01/2015 189.328.20 201,175.33 200,646.24 (529.09) 3,000 2.831 N/A N/A 256350018 RCTC 2013 AU TOLL BDS SUB RSV FD 3130AFFX0 USTREAS 8 AGENCY OBLIGATIONS FEDERAL HOME LOAN 869 325011/16/2028 11/15/2028 11/16/2018 200000.00 222,450.00 22555400 3,104.00 3250 2882 AA+ AAA 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 313208561 USTREAS & AGENCY OBLIGATIONS F H L M0 PARTS CERT POOL #Z58063 09/01/2032 09/01/2018 187,259.61 195331.67 195,901.64 56997 2.500 2390 4/4 N/A 256350018 RCTC 201338+ TOLL BDS SUB RSV FD 313208007 US TREAS 8 AGENCY OBLIGATIONS F H L M C PARTN CERT MIRROR POOL #257403 05/01/2031 09/01/2018 8694137 9207533 9162142 (453.91) 3000 2847 N/A N/A 256350018 RCTC 2013468 TOLL BDS SUB RSV FO 313239764 USTREAS & AGENCY OBLIGATIONS FHL MC PARTN CERT MIRROR POOL *208673 10/01/2032 09/01/2018 117.095.59 122.07943 123,751.30 1,671.87 3.000 2.839 N/A N/A 256350018 RCTC 2013 A813 TOLL BOS SUB RSV FO 31323EF68 US TREAS 8 AGENCY OBLIGATIONS FHL M C PARTN CERT POOL 4211989 01/01/2033 05/01/2019 14673216 157,815.63 157590.34 (22388) 3500 3259 61/0 N/A 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 31320E505 USTREAS & AGENCY OBLIGATIONS FHLMC PARTN CERTUMBS POOL 4271963 11/01/2030 05/01/2019 370,691.64 392,648.19 396347.21 3.699.02 3.500 3.273 N/A N/A 256350018 RCTC 2013086 TOLL BDS SUB RSV FD 313205E47 US TREA58 AGENCY OBLIGATIONS F H L M C PART9 CERT POOL 4ZT1970 04/01/2033 05/01/2019 78,51104 84360.89 84696.14 335.25 3500 3244 N/A N/A 256350018 RCTC 2013 MB TOLL BDS SUB RSV F0. 313209093 USTREAS & AGENCY OBLIGATIONS 5H LM C PARTN CERT POOL 4500096 10/01/2040 10/01/2020 179,739.36 190750.09 192101.34 1,55125 3000 2804 N/A N/A 256350018 RCTC 2013 A8B TOLL BDS SUB RSV F0 3132W5597 US TREA58 AGENCY OBLIGATIONS 0 H LM C GOLD PARTN CERT POOL 4W01102 12/01/2028 04/01/2021 12418196 129,]185] 127,444.22 (227435) 1920 1.871 N/A N/A 256350018 RCTC 2013364 TOLL BDS SUB RSV FO 3134GWND4 USTREAS & AGENCY OBLIGATIONS FHLMC MTN 0.60008/12/2025 08/12/2025 08/12/2020 325100.00 324,545.00 323,830.00 (715.00) 0.600 0.602 N/A AAA 756350018 RCTC 2013 A&B TOLLBDS SUB RSV FO 313607449 USTREAS 8 AGENCY OBLIGATIONS F N M A 000 R 5 M 16 PASSTHRU C 40 SER 2012MB 0032 05/25/2022 07/01/2012 72,199.31 72348.46 72.851.99 503.53 2349 2.328 N/A 9/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 3136085%9 USTREAS B AGENCY OBLIGATIONS F N M A GTD R E M I 0 PASS THRU CM 0 SER 2012 102 CL BJ 09/25/2027 08/01/2012 41368.65 42.001.46 42.241.11 23965 1.500 1.469 N/A N/A 256350018 RCTC 2013098 TOLL BDS SUB RSV F0 31360+522 USTREAS &AGENCY OBLIGATIONS F 9 M A 070 R E M 16 PASSTHRU 0M 0 SER 2012 148 CL MC 11/25/2042 12/01/2012 49.94222 50,913.]1 51220.24 406.53 2.000 1.950 N/A N/A 256350018 RCTC 20130&B TOLL BDS SUB RSV FO 3136ADFF1 USTREAS B AGENCY OBLIGATIONS F N M A GTD R E M I C PASSTHRU 0 M 05ER 201336 CL KC 04/25/2023 03/01/2013 28.382.36 27,97437 28607.24 532.87 1.500 1.493 N/A N/A 256350018 RCTC 2013 A&5 TOLL BOS SUB RSV FD 3136ADZA0 USTREA58 AGENCY OBLIGATIONS 0 N M A GTD R E M I C PASSTHRU C M 0 5ER 2013 27 CL KA 04/25/2028 03/01/2013 107,758 06 108,833 52 108,97142 13790 1.250 1.236 N/A 104, 256350018 RCTC 2013 0&B TOLL BDS SUB RSV FD 31366E804 US TREAS & AGENCY OBLIGATIONS F N M A GTD R E M I C PASS THRU 0005=82019700020 07/25/2028 06/01/2013 47661.25 48,461.10 48,713.61 252.51 1.]50 1.712 N/A N/A 256350018 RCTC 2013048 TOLL BDS SUB RSV FD 3136040E0 US TREAS 8 AGENCY OBLIGATIONS F N M A GTO R 5 M I 0 PASSTHRU CM 0SER 2013 414 CL APT 04/25/2023 11/01/2013 33,834.81 33,967.41 34586.96 619.55 VAR 2577 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 313649269 US TREAB & AGENCY OBLIGATIONS F N M A GTD 9 E M I 0 PASS THRU CM 05ER 201589 CLKE 11/25/2031 11/01/2015 75869.01 77,95549 78005.48 49.99 2000 1.945 N/A N/A __._.O. 8_ I NS CIN -2220__ 2___ 476 256350018 RCTC 2013 A8+TOLL BDS SUB RSV FO 3137000E1 US TREA58 AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTN CMOSER 4039 CL QB 05/15/2027 05/01/2012 8841872 89,]2760 89,84403 11605 1.500 lb7fi N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 3137ATRW4 USTREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN CNI0SER 6020 CL 42 05/25/2022 09/01/2012 290.380.07 292,18582 293,118.35 932.53 2.379 2351 4/4 81/4 256350018 RCTC 2013 NIB TOLL BDS SUB RSV FD 3137AUPE3 USTREA58 AGENCY OBLIGATIONS 5 H L M C MULTICLASS MTG PARTN 0 M 0 SER 6021 CL A2 06/25/2022 11/01/2012 19513944 197,451 85 198,212 63 760.78 2396 2371 61/0 N/A 256350018 RCTC 2013486 TOLL BDS SUB RSV FD 313704953 USTREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN CM0SER 6023 CL 41 04/25/2022 12/01/2012 73,135.99 72324.64 73378.07 1,053,43 1.583 1.578 N/A 9/A 256350018 RCTC 2013 588 TOLL BIOS SUB RSV FD 313700496 USTREA58 AGENCY OBLIGATIONS 5 H L M C MULTICLASS MTG PARTN C M 0 SER K024 CL Al 02/25/2022 01/01/2013 4508.11 4,51216 450766 (450) 1.749 1.749 N/A AAA 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F0. 3137088P8 US TREAS & AGENCY OBLIGATIONS 5 H L M C MULTICLASS 050 PARTN 000SER 6024 CL A2 09/25/2022 01/01/2013 150,000.00 152.232.42 152.728.50 496.08 2753 2527 N/A AAA 18 8 _ 256350018 RCTC 2013 ABB TOLL BDS SUB RSV FO 313707545 USTREA58 AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN C M 0 SER 4165 CL TE 12/15/2042 02/01/2013 149,526 fi4 152,66581 152207 65 (45782) 1.]50 1 719 N/A N/A 256350018 RCTC 2013354 TOLL BDS SUB RSV FO 313781800 USTREAS& AGENCY OBLIGATIONS FHL MC MULTICLASS MTG PARTN C M 0SER 8026 CL 02 11/25/2022 05/01/2013 645,000.00 652.086.14 658,615.95 6,529.88 2.510 2458 N/A N/A 756350018 RCTC 2013 ABB TOLL BUS SUB RSV FO 31 37 81 07 5 USTREAS 8 AGENCY OBLIGATIONS FHL M C MULTICLASS MTG PARTN C M 0 SER K SO1 CL A2 01/25/2023 05/07/2013 300,120 63 301 27403 30474549 3,511.46 2 522 2484 N/A N/0 256350018 RCTC 20130&B TOLL BDS SUB RSV FD 3137131055 USTREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN CM0 SER 6027 CL A2 01/25/2023 05/01/2013 200.000.00 204.101.56 204848.00 74644 2637 2.575 N/A N/A 256350018 RCTC 2013 008 TOLL BDS SUB RSV FO 31378+5W4 USTREAS &AGENCY OBLIGATIONS 5 4 L M C 4ULTIC035S MT6 PARTN 0 M 0 SER 6031 CL Al 09/25/2022 08/01/2013 16,844.16 1700650 17033.99 27.19 2.778 2747 N/A AAA 256350018 RCTC 2013 A&B TOLL BOS SUB RSV FO 313785060 US TREAS+ AGENCY OBLIGATIONS F 4 L M C MULTICLASS MTG PARTN 0 M 0 SER 4257 CL EK 10/15/2028 10/01/2013 9015.21 9.06569 9.301.89 23620 2.500 2.423 N/A N/A 256350018 RCTC 2013 A8E1 TOLL BDS SUB RSV FD 3137860F5 USTREAS 8 AGENCY OBLIGATIONS F 4 L M 0 MULTICLASS MTG PARTN CM 0SER 4272 CL YG 11/15/2026 11/01/2013 80,83973 7/99976 82168.74 2,16898 2000 1968 N/A N/A 256350018 RCTC 2013 MB TOLL BDS SUB RSV FO 3137137691 US TREAS 8 AGENCY OBLIGATIONS F IA L M 0 MULTICLASS 450 PARTN 0 M 0 SER 6037 CL 41 04/25/2023 03/01/2014 111650.62 113.550.05 113,554.26 4.21 2.592 2549 AAA N/A 349 Page 2 of 135 Source Aceounl RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Investment Category for quarter ended September 30, 2021 Account Identifier Securi •T e Cale•a Asset Name I Base Net Total Next Call Unrealized S&P Moody Asset Name 2 Final Maturity Issue Date Current Fare Value Ori "nal Cost Date Base Market Value Gain/Loss Coo on Yield Ratin• Ratia• 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&8 TO99 BDS SUB RSVFD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A8B TOLL BIM SUB RSV FD 256350018 RCTC 2013 AV TOLL BDS SUB RSV FO 256350018 12C50 2013 A8B TOLL BDS SUB RSV FD 31378641(2 USTREAS & AGENCY OBLIGATIONS FH 9 M C MULTICLASS MTG PARTN N/A 256350018 RCTC 2013 AV TOIL BOS SUB RSV FD C M 05ER KJ09 CL A2 387.24 2.838 2796 N/A N/A 256350018 RCTC 2013 A8B TOLL BDS SUB RSV FO CMOSER 1(063 CL Al 162.1010 3.045 28]9 N/A NIA 256350018 RCTC 2013 AV TOLL BDS SUB RSVFD C M 0 SER 9726 CL A2 (1580.74) 2.905 2.977 AAA N/A 256350018 RCTC 2013388 TOLL BPS SUB RSV FO 237501/13/2022 (1,159.81) 2375. 2360 AA+ AAA 756350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 3137F4CY6 USTREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN CIA 0 SER KBX1 CL Al 09/25/2024 03/01/2018 5,03429 2920 2761 N/A N/A 256350018 RCTC 2013488 TOLL BDS SUB RV ED C M 0 SER 4074 CL A2 01/25/2028 03/01/2018 150,000.00 163248.05 169,51200 6,26395. 3.600 3.186 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV 60 08/25/2027 10/01/2017 130,000.00 142,690.23 13894270 (3747.53) 3.038 2842 1/4 5/4 256350018 RCTC 2013 AV TOLL B05SUB RSV E0 C M O SER KIR3 CL 32 08/25/2027 10/01/2017 200,000.00 211,593.75 22106400 9,470.25 3281 2,968 N/A N/A' C M 0 SER K729 CL Al 02/25/2024 12/01/2017 81340.88 83,031 45 82,967.70 (63.75) 2.951 2893 N/A N/A C M 0SER 8089 GL A2 01/25/2029 03/01/2019 275,00000 307,108.40 5,902:10 3.563 3.130 N/A N/A C M 0 SER KJ24 CL 31 05/25/2026 06/01/2019 66221.20 69.014.47 (527.18) 2.283 2.207 N/A 6/4 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD C M 0SER 6095 CL 21 11/25/2028 08/01/2019 144,866.30. 147,107.09 6;717.74 2.631 2478 N/A 67.6 756350018 RCTC 2013 A&B TOLL BOS SUB RSV FD 3137FP1F3 US TREA58 AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 1M0SER 1(099 CL Al 06/25/2029 10/01/2019 192,518.96 193,23608 9,434.40 2258 2145 N/A N/A 256350016 RCTC 2013 416B TOLL BDS SUB RSV F8 313]66]69 USTREAS &AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN C M 0 5ER 6006 CLASH 07/25/2029 11/01/2019 95,17620 99,877 64 (670.60) 2230 2144 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 313750317 USTREA58 AGENCY OBLIGATIONS F 4 L M 1 MULTICLASS MTG PARTN C M 0 SER 6101 CL Al 07/25/2029 11/01/2019 193,310.86 193.366.81 9,40468 2190 2.088 N/3 N/A 256350018 RCTC 2013 A8B TOLL BD5 SUB RS9ED 3137FWHY9 USTREAS &AGENCY OBLIGATIONS FH 9 M 0 MULTICLASS MTG PARTN C M 05ER 2020 6003 CL Al 09/25/2035 09/01/2020 188,584.16 187,64123 (5,621:68) 0826 0.856 N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FD 3137FYUR5 USTREA58 AGENCY OBLIGATIONS 54 L M 1 MULTICLASS MTG PARTN CM 0 SER 0015 CL A 08/26/2024 05/07/2021 282,177.83 282,25570 282,19476 (60.94) VAR 0.254 N/A N/A 256350018 RCTC 2013 A8.8 TOLL 13145 SUB RSVFD 013853675 US TREA58 AGENCY OBLIGATIONS 55 M APARTN CERT PO014312239 07/01/2022 08/01/2012 52110.93. 52,37075 52,46164 90.89 3.023 2941 N/A N/A POOL#AL3382 03/01/2023 03/01/2013 32,521.52 32,565.39 32,947.55 382.16 2355 2295 N/A N/A POOL #315851 10/01/2029 09/01/2014 58444.93 62204.75 63,100.65 895.90 3.500 3:242 N/A N/A 756350018 RCTC 2013 AV TOLL 00S SUB RV FD POOL 43L7688 11/01/2030 11/01/2015 59,903.02 63,72741 64514.95 787.54 1500 3.250 256350018 RCTC 2013486 TOLL 1305 SUB RV ED 6009#498551 06/01/2031 05/01/2016 83,413.56 89,386.04 90,487.03 1,100.99 3.500 3226 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV F0 POOL #302254 01/01/2028 01/01/2013 246,130.64 257,555.82 26713543 9,57961 3.010 2773 N/A N/A 256350018 RCTC 2013 AV TOLL BD5SUB RSV F0 POOL #A12905 10/01/2028 10/01/2016 295,288.6] 303,45124 31484269 11,391.46 2.550 2,392 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD POOL 4354860 05/01/2030 04/01/2015 94879.55 99,630.17 551.20 2.500 2.381 N/A N/A 256350018 RCTC 2013 A8B TOLL BDS SUB RSVFD 3140J6506 POOL #9M1978 10/01/2032 10/01/2017 85,348.47 91,12229 1,010.33 3.000 2810 N/A 14/3 256350018 RCTC 2013 A&B TOLL BDS SUB RV FD 3140J8ME0 POOL 48M3956 12/01/2032 05/01/2018 69,178.38 73.340.84 3261 3.000 2830 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FO 3140.14097 2009 09M6007 06/01/2049 05/31/2019 4274476 43,357.29 (1,007.08) VAR 2559 N/A 67.6 )56350018 RCTC 2013 A&B TOLL BDSBDS SUB RSV FD 3140X4890 US TREA58 AGENCY OBLIGATIONS FNMAPARTN CERT UMBS POOL #601155 06/01/2032 06/01/2019 148,754.11 155,983.27 155,13417 (849.10) 2500 2.397 N/A N/A 256350018 RCTC 2013 3813 TOLL BDS SUB RSV FD 314007956 USTREAS& AGENCY OBLIGATIONS F NM A PARTN CERT POOL #FM3936 08/01/2035 07/01/2020 277,406.65 29126993 290,098.00 (1,17192) 2500 2391 N/A N/A 256350018 RCTC 2013 AV 001.1905 SUB RSV FD 314009V68 USTREAS 8 AGENCY OBLIGATIONS F N M APARTN CERT POOL 4FM6017 02/01/2035 02/01/2021 203.300.73 216,39674 213,695.50 (2,701.24) 3.000 2854 84/4 N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV 513 31417'/6F3 US TREAS & AGENCY OBLIGATIONS F N M A PARTS CERT POOL WM30293 01/01/2030 12/01/2009 40,585.64 44279.34 1,121.51 4.500 4.125 N/A N/A 756350018 RCTC 2013 480 TOLL BDS SUB RSVFD 31418CDH4 US TREA58 AGENCY OBLIGATIONS 55 M APARTN CERT POOL #M42803 11/01/2031 10/01/2016 212,44472 222,353.00 222,261.79 (91.21) 2.500 2390 N/A 1//4 256350018 RCTC 2013 AVTOLL BDS SUB RSV FO 314180047 USTREAS 8, AGENCY OBLIGATIONS FN MAPARTN CERT UMBS POOL 451144074 06/01/2035 06/01/2020 206,74981 213,348.68 213,10116 (24227) 2.000 1940 61/3 N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 314180063 USTREAS & AGENCY OBLIGATIONS F 5 M A PARTN CERT UMBS POOL 4M64226 12/01/2030 12/01/2020 171,311.54 177,908.82 176574.23 (1,334.59) 2400 1.940 11/4 N/A 256350018 RCTC 2013 AV TOLL BPS SUB RSV FO 314190840 USTREAS B AGENCY OBLIGATIONS 65 M A PARTN CERTUMBS POOL#MA4279 03/01/2036 02/01/2021 184,108.62 189,76444 (533.88) 2.000 1.940 84/6 N/A 756350018 RCTC 2013 A&B TOLL BDS SUB RV FD 314182763 US TREA5 & AGENCY OBLIGATIONS F N M A PARTN CERT UMBS POOL 4M34309 03/01/2031 03/01/2021 285,539.27 295,16049 294311.04 (852.29) 2000 1.940 N/A N/A 256350018 RCTC 2013 A88 T099905 SUB RSV FD 314194053 US TREA58 AGENCY OBLIGATIONS 111 M A P3815 CERT UMBS P00403E0379 08/01/2024 09/01/2010 17,869.73 18,12277 75.35 5.500 5423 N/A N/A 256350018 RCTC 2013 AV TOIL 131:15 SUB RV FD 361760E21 US TRE358 AGENCY OBLIGATIONS G NM A PASS THRU CERT POOL #778953 03/15/2027 03/01/2012 120,27949 /24,023.56 126,469.07 2,44551 3.000 2853 N/A N/A 256350018 RCTC 2013488 TOLLBDS SUB RSV 60 361767088 USTREAS& AGENCY OBLIGATIONS GNM A PARTN CERT P009#779250 05/15/2027 05/01/2012 40,166.14 416]5.99 42234.70 558.71 3.000 2.853 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FD 36179MEK2 USTREAS & AGENCY OBLIGATIONS G N M A I I PARTN CERT POOL 4M60138 06/20/2027 06/01/2012 68,467.24 70,664.35 789.46 2.500 2422 N/A N/A 256350018 RISC 2013 A&B TOLL BOS SUB RSV FO 3617951624 USTREA58 AGENCY OBLIGATIONS 5.14 M A II PASS THRU CERT POOL#MA0601 12/20/2027 12/01/2012 39,8491 41,124.33 168.00 2.500 2,422 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RV FD 3617961632 USTREA58 AGENCY OBLIGATIONS G N M A 11 PASS THRU CERT POOL 4MA0602 12/20/2027 12/01/2012 73,075.95 76.824.02 1,11423 3000 2854 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSVFD 38179M205 USTREAS & AGENCY 08LIGATIONS GN M A II PASS THRU CERT POOL.#MA0756 02/20/2028 02/03/2013 54,28071 56,554.53 746.51 2500 2399 N/A 84/0 256350018 RCTC2013 A&B TOLLBDS SUB RSVFD 361795341 USTREA58 AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL#MA0908 04/20/2028 04/01/2013 124,49.74 128.822.58 128,454.53 (368.05) 2500 2.422 N/A N/A 256350018 RCTC 2013480 TOLL BDS SUB RSV FD 36179NA47 USTREAS& AGENCY OBLIGATIONS G MA II PASS THRU CERT 600945480909 04/20/2028 04/01/2013 27,16130 28217.43 28,5]].60 360.17 3.000 2853 N/A N/A 313709R57 USTREA58 AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 313711071 US TREAS & AGENCY 08915611ON5 F H L M C MULTICLASS MIS PARTN 31378L312 US TREA58 AGENCY OBLIGATIONS F H L MC MULTICLASS MTG PARTN 313709W57 U5 TREAS &AGENCY OBLIGATIONS f H L M C MULTICLASS MTG PARTN 3137BM6P6 USTREA58 AGENCY OBLIGATIONS 14 L MC MULTICLASS MTG PARTN C M 0 SER 4328 CL EA C M 05ER KPLB CLA C M 0 SER 6048 CL A2 CM0S5RK050 CL Al C M 05ER K721 CL A2 C M O SER KIR1 CL A2 12/15/2027 05/25/2025 06/01/2015 06/25/2025 09/01/2015 01/25/2025 11/01/2015 08/25/2022 03/25/2026 09/25/2022 08/25/2026 04/25/2024 01/13/2022 04/01/2014 12/01/2015 05/01/2016 11/01/2016 03/01/2017 06/01/2017 01/13/2012 10339770 200.000.00. 150,000.00 215,497.77 190,45741 200,000.00 44,236.11 291,557.25 217221.99 350000.00 190000.00 105462.60 206296.88 159,648 05 224,828:98 194.432.21 193,403.79 (1,02842) 3.090 3.043 210125,00 44,516.39 308,238.41 228,738.07 353,458.81 195,907 81 106.684.24 213,004.00 16224000 223,964.68 1021.64 2500 6;707.12 2.770 2,591.95 is. (864.70) 2802 2 435 2 601 3.036 2696 N/A 5/A N/A NIA N/A N/A N/A N/A N/A N/A AAA 313785R28 USTREA58 AGENCY OBLIGATIONS I_ PA MULTICLASS MTG PARTN 313780274 US TREAS B AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 3137BYP07 USTREAS & AGENCY OBI. IGATIONS 649 MC MULTICLASS MTG PARTN 3137EA082 USTREAS 8 AGENCY OBLIGATIONS FHLMC MTN 313714041 US TREA5 & AGENCY OBLIGATIONS F MULTICLASS MTG PARTN 313768482 USTREA58 AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN 3137E13315 US TREA5 & AGENCY OBLIGATIONS EH L MC MULTICLASS MTG PART5 313711835 USTREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN 3137196/44 US TREA5 8 AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN 3137FM066 US TREAS 8 AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN 3137653132 US TREA5 & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 256350018 RCTC 2013 AM TOLL BDS SUB RSVFD 256350018 RCTC 2013 AO TOLL BOS SUB RSV ED 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 256350018 RCTC 2013 A&B TOLL BDS SUB R50 FD 256350018 RCTC 2013 A8B TOLL BDS SUB RSV FO 3138EKX94 USTREAS 8 AGENCY 001. IGATIONS FNMA PARTN CERT 3138684004 US TREA5 8 AGENCY OBLIGATIONS FNMA PARTN CERT 3138E013 USTREAS & AGENCY OBI IGATIONS FNMA PARTN CERT 3138ETQP4 US TREA5 8 AGENCY OBLIGATIONS 11M/0430Th CERT 313852QG5 USTREA58 AGENCY OBLIGATIONS F 5 MA PART5 CERT 31 3 8165 6 7 US TREA5 & AGENCY OBLIGATIONS F 5 M A PART5 CERT 3138WEMJ5 USTREAS B AGENCY OBLIGATIONS FNMA PARTS CERT US TREA5 8 AGENCY OBLIGATIONS US TREA5 8 AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS FNMA PARTN CERT F N M A PARTN CERT UMBS FNMA A PARTS CERT C M 0 SER KIR3 CL Al 99078 97 9011196 73.308.24 44,364.37 43,15783 190298.32 18,047.42 6977489 40,956.33 75.]09.]9 55,808 02 214246.00 44,903.63 308,400 51 227,657.33 352289.00 200,94210 313,010.50 68.487.29 202,070.48 99,007.04 202,771.49 182019.55 4,121.00 2:849 2660 WA 256350018 RCTC 2013 A&B TOLL 605 SUB RSV FD 361795 111(7 USTREAS & AGENCY OBLIGATIONS G N MAII PARTN CERT POOL #MA1134 07/20/2028 07/01/2013 78,756.90 82,274.20 82,805.79 531.59 3.000 2.853 256350018 RISC 2013 A&B TOLL BDS SUB RSVFD 3617956P2 US TREAS &AGENCY OBLIGATIONS 5 N M A II PARTN CERT P00L4MA1202 08/20/2028 08/01/2013 84076.10 86,700.57 87;603,93 89879 2500 2399 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FD 361790506 US TREA58 AGENCY OBLIGATIONS GN M A II PASS THRU CERT POOL 451/12864 06/20/2030 06/01/2015 15707.96 15,843.38 16,143.93 300.55 3.000 2.845 N/A N/A 256350018 RCTC 2013488 TOLL BDS SUB RSVFD 361794004 USTREAS & AGENCY OBLIGATIONS 0 N M A I I PARTN CERT POOL #M32936 07/20/2030 07/01/2015 71819.47 75,157.92 76,966:05 1,808.13 3500 3266 N/A N/A 256350018 RCTC 2013 A&B TOLL KS SUB RVFD 361797783 USTREAS &AGENCY OBLIGATIONS G N M A 1 I 1 I PARTN CERT POOL #044691 09/20/2032 09/01/2017 67,990.22 71,509.10 72,859.00 1,34990 3.500 1266 N/A 84/4 256350018 RCTC 2013 A8B TOLL BDS SUB RSV FD 362021268 US TREA58 AGENCY OBLIGATIONS GN M A II PASS THRU CERT POOL #005276 01/20/2027 01/01/2012 104,155.19 105,565.00 109,480.64 3915.64 3:000 2854 N/A N/A 756350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 362025377 US TREA5 & AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL 4005300 02/20/2027 02/01/2012 60,950.73 63112.17 64067.75 95558 3.000 2.854 N/A N/A 256350018 RCTC 2013486 TOLL BDS SUB RSVFD 3620ARZE4 US TREA58 AGENCY OBLIGATIONS G M A PARTS CERT POOL#737941 02/15/2026 02/01/2011 62,897.71 64,65277 66,117.4 1;465.27 3.000 2854 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 362014065 USTREA58 AGENCY OBLIGATIONS G 5 M A PASS THRU CERT POOL #748531 09/15/2025 09/01/2010 52500.89 53247.77 55,585.32 2337.55 4.000 3 778 N/A N/A 01 01 - - 12 1201_ - 01 0 66 4 256350018 RCTC 2013 A8B TOLL BDS SUB RSV EO 362242510. US TREA5 8 AGENCY 08LIGATIONS G N M A PARTN CERT POOL #]83]95 03/15/2028 07/01/2013 53]27 H9 5659186" 55,97425 376.39 2500 2400 N/A N/A' 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 362975100 US TREAS & AGENCY OBLIGATIONS G N M A PASS THRU CERT POOL #711168 02/15/2025 02/01/2010 45,769.04 46,43.19 48,165.96 1,722.77 4.500 4.276 41/4 N/A 256350018 RISC 2013 A&B TOLL BDS SUB RSV FO 383767521 USTREAS &AGENCY 0HIJGA-DONS 0.5 M A GTO R EM IC PASS THRU CM 05ER 20104 CL P0 01/16/2039 01/01/2010 54272.15 56599.4 56,269.91 170.47 3.000 2893 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB R56 FD 38376TT19 USTREA58 AGENCY OBLIGATIONS G N M A GTD R E M I C PASS THRU CM 0 SER 2010 619 AB 11/20/2039 01/01/2010 21,968.29 22320.71 22,945.66 62495 3000 2872 14/4 N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FO 3337692E6 US TREAS &AGENCY 08LIGATI0N5 G 14 M A GTO REM IC PASS THRU C M 05ER 201019 CLUA 07/16/2059 02/01/2010 62305.42 63922.4] 64,74468 822.21 4.000 3849 N/A 5/6 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 38376W/152 US TREAS & AGENCY OBLIGATIONS 65 M A GTDR E M IC PASS THRU C MOSER 20101519 PD 10/20/2039 02/01/2010 49,969.29 51.62904 52,]47.08 1,118.04 4000 3789 N/A N/A 256350018 RCTC 2013488 TOLL BDS SUB RSV FO 38377LFC7 US TREAS &AGENCY OBLIGATIONS G N M A GTO R EM I C PASS THRU CM 05502010116 CLNE 12/20/2039 09/01/2010 21,54330 21,741.19 21680.53 (60.66) 2.500 2484 N/A N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 383770849 USTREA58 AGENCY OBLIGATIONS G N M A GTDR E M I1 PASS THRU CM 0 SER 201118 CL PG 08/20/2040 02/01/2.011 16,484.82 16,67498 16840.89 16591 3.000 2.937 F1/3 N/A 256350018 RISC 2013 A&B TOLL BD5 SUB RS510 383775468 USTREAS & AGENCY OBLIGATIONS 85 M A GTDR 6 M I C PASS THRU CM 0 SER 2010166 CL GP 04/20/2039 12/01/2010 50,32472. 51,322.36 51,319.64 (272) 3.000 2942 N/A N/A 256350018 RCTC 2013 ABB TOLL BDS SUB RSVFD 383779194 USTREA58 AGENCY OBLIGATIONS G N M A GTD R E M I C PASS THRU CM 0S002011135 19 6A 05/20/2040 10/01/2011 49,921.26 49,312.84 50,409.99 1,097.15 2.000 1.981 84/4 N/A 256350018 RCTC 2013 A&B TOLL BDS SUB RSV ED 383784590 USTREAS & AGENCY OBLIGATIONS GNM A GTOR EM IC PASS THRU C M OSER2011158CLCA 10/20/2026 12/01/2011 53,784.09 54.657.35 54,863.54 206.19 3.000 2941 N/A N/A 256350018 RCTC 2013 AV TOLL BDS SUB RSV FD 38378FRB8 USTREAS & AGENCY OBLIGATIONS G N M A GTD R E M I C PASS THRU C M 0 SER 2013 5 CL JE 07/20/2042 01/01/2013 123162.63 121,846.33 126,463.59 4,617.26 2.000 1.956 N/A 5/5 256350018 RCTC 2013 A8B TOLL BDS SUB RSV FD 38378HAU0 US TREAS& AGENCY OBLIGATIONS G N M A GTD REM I C PASS THRU CM(' SER 201296 CLAD 08/20/2027 08/01/2012 56,360.51 57,139.23 57,278.06 138.82 1.500 1.476 N/A N/A 756350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 383781707 USTREAS & AGENCY OBLIGATIONS G 5 M A GTD R 1IN I1 PASS THRU C M 0 SER 2013 47 CL EC 12/20/2040 03/01/2013 20,670.62 20.412.23 20889.73 477.50 1.500 1.484 N/A N/A 256350018 RCTC 2013488 TOLL BOS SUB RSV FO 383718W69 US TREAS & AGENCY 00454110NS G N M A STD R E M I C PASS THRU CM 0 560 2013 96 CL A 10/16/2041 06/01/2013 10,855.73 10379.60 10,879.50 499.91 1.400 1.397 N/A N/A 256350018 RCTC 2013 A&B TOIL BDS SUB RSV FD 383781467 USTREA58 AGENCY OBLIGATIONS G N M A GTD R E M I C PASS THRU C M 0 SER 2013 71 C1. GA 07/20/2041 05/01/2013 64,81777 64892.53 66,684.52 1,791 99 2.500 2430 11/3 N/A /7 _ 1201__ 256350018 RCTC 2013 A8B TOLLBDS SUB RSV FO 9128285W6 US TREA58 AGENCY OBLIGATIONS US TREASURY INFLATION PROTECTED SECURITY 01/15/2029 01/15/2019 162,153.00 169,994.31 18],34347 1740224 0875 0]35 N/A AAA 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 912828538 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 2.25011/15/2024 11/15/2024 11/17/2014 350,000.00 37012500 368,389.00 (1,]36.00) 2.250 2.138 N/A AAA 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 912028X01 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 2.12505/15/2025 35 UU Q6/55/2025 05/15/2015 710,000.00 744,402.74 746,167.40 1,764.66 2.125 2022 84/4 AAA Page 3 of 135 153,824.83 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Investment Category for quarter ended September 30, 2021 Account Identifier Securi •T e Cale•a Asset Name I Base Net Total Next Call Unrealized S&P Moody Asset Name E Final Maturity Issue Date Current Face Value Ori•"nal Cost Date Base Market Value Gain/Loss Cuu. on Yield Rahn Ratin• 256350018 RCTC 2013 ABB TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFO 912828200 USTREAS & AGENCY 08L165310NS U 6 TREASURY NOTE 0.50003/31/2025 03/31/2025 03/31/2020 1,000,000.00. 996603.51 994/450.00 (2,15351) 0500 0.503 N/A AAA 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 9128200E1 US TREAS & AGENCY OBLIGATIONS 36 TREASURY NOTE 062508/15/2030 58/15/2030 08/15/2020 110000.00 10651523 102.329.70 (4.185.53) 0625 0.672 N/A AAA 255350018 RCTC 2013488 TOLL BUS SUB 669 FO 912820083 USTREAS & AGENCY OBLIGATIONS US TREASURY NOTE 0.25009/30/2025 09/30/2025 09/30/2626 700,000.00 695,67969 684,99200 (10,68769) 0.250 0255 N/A AAA 0.12510/15/2023 10/15/2023 10/15/2020 1,780000.00 1773.922.08 1,773,609.80 (312.28) 0.125 0.125 N/A AAA 256350018 RCTC 2013 A&BT0l1 BDS SUB RSV FD 912820808 US TREAS AGENCY 08LIGATONS U S TREASURY NOTE 072512/15/2023 12/15/2023 12/15/2020 150.000.00 149,53711 149,296.50 (240.61) 0.125 0.126 N/A AAA 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3128MMUL5 USTREAS & AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT POOL 4018586 02/01/2031 02/01/2016 48,896.85 51.111.96 51,040.00 (71.96) 2.500 2395 N/A 58 256350021 RCTC 2013 A0BTOLL BDS RESIDUAL FD 313208501 USTREAS & AGENCY OBLIGATIONS 09 L1 C PARTN CERT POOL #2S8063 09/01/2032 09/01/2018 234667.13 244262.71 245497.02 71431 2500 2390 N/A N/A 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 3132AEF68 USTREAS & AGENCY OBLIGATIONS F H L M 0 PARTN CERT POOL 4Z11989 01/01/2033 05/01/2019 66.173.33 71 474.81 71,070.16 (404.65) 3.500 3.259 N/A N/A 256350021 RCTC 2013 ABB TOLL BPS RESIDUAL FO 31320E005 US TREAS 8 AGENCY OBLIGATIONS 0 H L 810 PARTN CERT UMBS POOL #211963 11/01/2030 05/01/2019 143,40626 151.900.41 153,331.41 1,431.00 3.500 3.273 N/A N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313205001 US TREAS & AGENCY OBLIGATIONS 0 H L M C GOLD PARTN CERT POOL 3U79019 07/01/2028 07/01/2013 43,085.17 43102.47 45,338.52 1,93605 3.000 2.851 N/A N/A 256350021 RCTC 2013 ABB TOLL 809 RESIDUAL 00 313395023 US TREAS 8 AGENCY OBLIGATIONS 0H L M C 0111.1 06 M I C PASS THRU STRIPPED TR 37001.100 09/25/2033 12/01/2020 200,66272 202,97437 202,013.18 (961.19) 1.000 0993 N/A 5/0 256350021 RCTC 2013 A&B TOLL KS RESIDUAL FD 31340)0942 25102956 AGENCY OBLIGATIONS FHLMC MIS 0.300 10/13/2023 10/13/2023 10/13/2020 300000.00 299,85000 299.832.00 (18.00) 0.300 0.300 N/A AAA 256350021 RCTC 2013 ABB TOLL BDS RESIDUALFD 313607203 USTREAS & AGENCY OBLIGATIONS 05 M A STD R EMIC PASSTHRU C M 0 SER 2012819 CL A2 04/25/2022 08/01/2012 8,397.22 8,408.36 8,453.31 44.97 2482 2466 N/A N/A 256350021 0010 2013 A&B TOLL BDS RESIDUAL FD 3136ADZA0 USTREAS & AGENCY OBLIGATIONS FNMA GTD 6 0 M I 0 PASSTHRU 0 M 0 SER 2013270L KA 04/25/2028 03/01/2013 69.521.31 70086.37 70,304.12 21575 1.250 1.236 N/A 58 256350021 RCTC 2013 A&B 0001 BDS RESIDUAL FD 313608848 US TREAS 8 AGENCY OBLIGATIONS F N M A GTO R E M I C PASS THRU CM 0 SER 2015 814 CLAW 07/25/2022 03/01/2015 204,46965 204,80500 205,215.96 409.96 2509 2-500 N/A 58 256350021 RCTC 2013 ABB TOLL 609 RESIDUAL FD 3136946A6 US TREAS & AGENCY OBLIGATIONS FNMA 0.300 10/27/2023 10/27/2023 10/27/2020 415000.00 414.896.25 10/27/2021 414.697.05 (199.20) 0300 0.300 AA+ AAA 256350021 RCTC 2013 A&B TOLL BDS WSW/1M 313742PV7 USTREAS & AGENCY 08L106310NS 0 H L M C MULTICLASS MTG PARTN C M 05ER3760 CLBA 09/15/2022 11/01/2010 14,05384 13,807.89 14,135.49 327.60 1500 1491 N/A N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3137APP61 US TREAS & AGENCY OBLIGATIONS FHL M 0 MULTICLASS MTG PARTN CMOSER 4018 CL A2 01/25/2022 05/01/2012 10,31].]8 10.344.22 10,359.26 1504 2789 2.]]8 N/A N/A 256350021 RCTC 2013088 TO BDS RESIDUAL FO 3137408 W4 USTREAS &AGENCY OBLIGATIONS FOLM0 MULTICLASS MIS PARTN CMOSER 4020 CL A2 05/25/2022 09/01/2012 96,79336 97,58245 97,706.11 123:66 2373 2351 N/A N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3137AWQG3 USTREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN C M 0 SER 5023 CL Al 04/25/2022 12/01/2012 11,42747 11.232.13 11465.29 250.31 1.583 1.578 N/A N/A 256350021 80102013088 TOLL BDS RESIDUAL FD 31374/5155 US TREAS& AGENCY OBLIGATIONS FH L 810 MULTICLASS MTG PARTN C M 00ER4024 CL Al 02/25/2022 01/01/2013 665:97 65681 665.90 9.09 1.749 1.749 N/A AAA 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313743009 USTREAS & AGENCY OBLIGATIONS F H I. M C MULTICLASS MTG PARTN C M 0 SER 4025 CL A2 10/25/2022 02/01/2013 360,000.00 367,790.63 367,462.80 (327.83) 2682 2.628 N/A AAA 256350021 RCTC 2013 An TOLL BM RESIDUAL FD 313701097 US TREAS & AGENCY OBLIGATIONS 00 L 0 C MULTICLASS MTG PARTN C M 05ERK027 CL AI 09/25/2022 05/01/2013 4,18185 4,120.44 4,20447 84.03 1785 1325 N/A N/A 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 313787719 US TREASB AGENCY 001.158TI0NS 0HI. 810 MULTICLASS MTG PARTN C M 05ER5037 CL A2 01/25/2024 03/01/2014 120000.00 129,506.25 127,257.60 (2,248.65) 3.490 3.291 AAA 818 256350021 00102013998 TOLL BPS RESIDUAL FD 313750E00 US TREAS 8 AGENCY OBLIGATIONS 1 H L 810 MULTICLASS 5116 PARTN C M 05ER4041 CL Al 08/25/2024 12/01/2014 240,00330 247,603.00 247561.00 (42.00) 2720 2637 N/A 58 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3137BJP56 US TREAS & AGENCY OBLIGATIONS F HI. M C MULTICLASS MTG PARTN 1 M 0 SER 4046 Cl. Al 01/25/2025 06/01/2015 35,791.37 36,931 43 37089.88 158.45 2.697 2.603 N/A N/A 256350021 RCTC 2013 A88 TOLL BDS RESIDUAL FO 313752071 US TREAS 8 AGENCY OBLIGATIONS 0H L M C MULTICLASS MTG PARTN C MOSERKPLB CL 05/25/2025 06/01/2015 250,000.00 268,755.86 266,256.00 (2,500.86) 2:770 2551 N/A 5/0 256350021 RCTC 2013 A&B TOLL KS RESIDUAL FD 3137BLW87 US 166958 AGENCY OBLIGATIONS FHLM C MULTICLASS MTG PARTN CM05ER8050 CL Al 01/25/2025 11/01/2015 21/,068.5] 289,085.64 287,954.59 (1111.25) 2.802 2696 N/A 5/A 256350021 RCTC 201308810U_ BDS RESIDUAL FD 313700091 US TREAS 8 AGENCY 080GATIONS 0 H L M C MULTICLASS MIS PARTN C M 0 SER3737 CL MA 10/15/2022 10/01/2010. 65,921.52 65,241.70 66,431.75 1,19005 1500 1.488 N/A N/A' 256350021 0010 2013 A&B TOLL BDS RESIDUAL FD 3138EKXL4 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT POOL #01.3382 03/01/2023 03/01/2013 34689.63 34,736.41 35,144.06 407.65 2.355 2295 N/A N/A 256350021 RCTC 201348B TOLL BDS RESIDUAL FD 31354GUX9 US TREAS 8. AGENCY OBLIGATIONS FHL M C MULTICLASS MTG PARTN CM 05082666 CL 09 08/15/2023 08/01/2003 9,86226 9,959.61 10,155.66 196.05 5.500 5341 N/A N/A 256350021 RCTC 2013858 TOLL BDS RESIDUAL FD 31397LUK3 US TREAS & AGENCY OBLIGATIONS F 5 M A GTD R 0 M IC PASS THRU C M 0 SER 200845 CL D8 06/25/2023 05/01/2008 14695.08 14.76247 14,908.16 14569 4500 4436 N/A 5/8 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL 01) 314017032 USTREAS &AGENCY OBLIGATIONS F N M A PARTS CERT POOL.#8M3173 10/01/2031 11/01/2017 3643181 38,642.59 39,481.15 838.56 3500 3230 N/A 5/A 756350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3140J8ME0 US TREAS & AGENCY OBLIGATIONS F NM APARTN CERT U000 POOL #8813956 12/01/2032 05/01/2018 8230].13 87.04604 87259.55 213.51 3000 2.830 N/A 58 256350021 RCTC 2013988000/ BUS RESIDUAL FD 314004090 USTREAS & AGENCY OBLIGATIONS F NM A PARTS CERT UMBS POOL #FM1155 06/01/2032 06/01/2019 18709992 197.031.49. 195,958.95 (1,072.54) 2.500 2397 N/A 5/0 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3140071_06 US TREASB AGENCY OBLIGATIONS FNM A PARTN CERT POOL 4E83936 08/01/2035 07/01/2020 172.928.82 181,062.55 180040.31 (222.24) 2.500 2391 N/A N/A 256350021 RCTC 2013 3&e TOLL BDS RESIDUAL FD 314089058 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT POOL 441616017 02/01/2035 02/01/2021 101,65037 108.198.38 106847.75 (1,350.63) 3.000 2854 N/A N/A 256350021 RCTC 2013800 TOLL BDS RESIDUAL FD 314180003 US TREAS 8 AGENCY OBLIGATIONS 05MAPARTN CERT UMBS POOL 46144309 03/01/2031 03/01/2021 46,054.]4 47,35402 47,46954 115.52 2000 1940 N/A N/A 256350021 RCTC 2013 0861101_1_1300 RESIDUAL FD 361799208 USTREAS 8, AGENCY OBLIGATIONS G N M A IIPASS THRU CERT POOL #8102569 02/20/2030 02/01/2015 208396.53. 216794.44 220,348.04 3,553.60 3.000 2837 N/A N/A 256350021 RCTC 2013 068 TOLL 600 RESIDUAL FD 361796F06 USTREAS & AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL 4842864 06/20/2030 06/01/2015 40021.21 42,24906 43,050.46 801.40 3.000 2845 N/A N/A 256350021 RCT02013 ABB TOLL BPS 800100AL 00 362020288 USTREAS 8 AGENCY OBLIGATIONS G5 M A II PASSTHRU CERT 600L4005276 01/20/2037 01/01/2012 45.82830 46448.61 48,171.50 172289 3:000 2854 N/A N/A 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 362202000 US TREAS & AGENCY OBLIGATIONS G N M A PARTN CERT POOL 4783795 03/15/2028 07/01/2013 150,976.77 155.042.44 157289.11 2.246.67 2500 2400 N/A N/A 256350021 RCTC 2013086 TOLL BDS 909100AL 00 383761521 US TREAS 8 AGENCY OBLIGATIONS 514 MA GTD R E M I C PASS THRU CM 0 SER 20104CLPO 01/16/2039 01/01/2010 31,01266 32,056.83 32,154.24 97.41 3.000 2853 N/A N/A 256350021 RCTC 2013 ABB TOLLBDS RESIDUAL 00 912828/86 U5 TREAS 8 AGENCY OBLIGATIONS 0S TREASURY NOTE 1.50001/31/2022 01/31/2022 02/02/2015 2,000,000.00 2.021953.13 2,00962000 (12.33313) 1.500 1493 N/A AAA 256350021 RCTC 2013088 TOLL BDS RESIDUAL FD 912828243 US TREAS 8 AGENCY OBLIGATIONS US TREASURY NOTE 1.75002/28/2022 02/28/2022 03/02!2015 1,350,000.00 1,364717.78 1,359,490.50 (5,227.28) 1.750 1738 N/A AAA 256350021 RCTC 2013060 TOLL BDS RESIDUAL FD 9128281.57 USTREAS & AGENCY OBLIGATIONS US TREASURY NOTE 1.75009/30/2022 09/30/2022 09/30/2015 2,150000.00 2.151926.57 2185.776.00 26,849.43 1750 1.721 N/A AAA 256350021 0010 2013 A&B TOLL BDS RESIDUAL FD 912828940 US TREA58 AGENCY 0605411ONS US TREASURY NOTE 137510/15/2022 10/15/2022 10/15/2019 1,820000.00 1.830,21.10 1.843,896.60 13,17550 1375. 1.357 N/A AAA 256350021 RCTC 2013066 TOLLBDS RESIDUAL FD 912828900 US TREAS & AGENCY OBLIGATIONS U5 TREASURY NOTE 1.75012/31/2024 12/31/2024 12/31/2019 1570.000.00 1.633.686.52 1.628.937.80 (4948.72) 1750 1.687 N/A N/A 256350021 RCTC 2013 AM TOLL BDS RESIDUAL FD 912828205 US TREAS & AGENCY 081.10911069 U S TREASURY NOTE 0.500 03/15/2023 03/15/2023 03/16/2020 1,560,000.00. 1.57220684 1,567378.80 (4.828.34) 0500 0498 N/A AAA 756350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 912828ZP8 US TREAS & AGENCY OBLIGATIONS 35 TREASURY NOTE 0.12505/15/2023 05/15/2023 05/15/2020 810.000.00 80815469 808.833.60 478.91 0125 0125 N/A AAA 256350021 RCTC 2013 ABB TOLLBDS RESIDUAL FD 91262CAP6 USTREAS & AGENCY OBLIGATIONS US TREASURY NOTE 0.12510/15/2023 10/15/2023 10/15/2020 650,000.00 649,074.22 647,666.50 (1,407.72) 0.125 0.125 N/A AAA 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 91282CBA8 USTREAS & AGENCY OBLIGATIONS 35 TREASURY NOTE 0.12512/15/2023 12/15/2023 12/15/2020 955000.00 951,68633 950.521.05 (1,165.28) 0.125 0.126 N/A AAA 256350021 RCTC 2013 A&8 TOIL 1300 RESIDUAL FD 912820054 U6 TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 025006/15/2024 06/15/2024 06/15/2021 945,060.00 942,573.05 .541,975.26 (597.80) 0250 5.251 N/A AAA 256350023 RCTC 2013 *MI TOLL BDS 201345B RSV 312888152 USTREAS & AGENCY OBLIGATIONS F Il L M C GOLD PARTN CERT POOL #018571 10/01/2030 10/01/2015 91,906.98 95.728.92 9621006 481.14 2.500 2.388 N/A 5/A 256350023 RCTC 2013 ABB TOLL 50520130&B RSV 31 2 8 81 81 01.5 USTREAS 8, AGENCY OBLIGATIONS FHLMCGOLD PARTN CERT POOL #018586 02/01/2031 02/01/2016 8890338 92,074.91 9280002 72511 2.500 2395 N/A N/A 10 01 0 2031 256350023 RCTC 2013 A&B TOLL 805 20130&B RSV 31307NP40 USTREAS & AGENCY OBLIGATIONS F HI. M C GOLD PARTN CERT POOL 4J32243 07/01/2030 07/01/2015 161 42108 171.521 93 171070.83 (451.10) 3000 2831 N/A 58 256350023 R010 2013 A83 1011 BDS2013A&B RSV 3130AFFXO US TREAS 8 AGENCY OBLIGATIONS FEDERAL HOME LOAN 889 3.25011/16/2028 11/16/2028 11/16/2018 185,00000 201766.25 208,637.45 2871.20 3.250 2882 AA+ AAA 256350023 RCTC 2013 A&B TOLL 1303 2013A&B RSV 313208501 USTREAS & AGENCY OBLIGATIONS F HI. M C PARTN CERT POOL #258063 09/01/2032 09/01/2018 173.037.35 180496.31 181023.02 526.71 2500 2390 N/A N/A 256350023 RCTC 2013 A86 TOLL 6062013488 RSV 313208917 US TREAS 8 AGENCY OBLIGATIONS 0H L M C PARTN CERT 014500 P00L#297403 05/01/2031 09/01/2018 69,553.11 73,66026 73,297.15 (363.11) 3.000 2847 N/A N/A 256350023 ROTC 2013 A&B TOLL BDS 2013088 RSV 313209164 USTREAS 8 AGENCY OBLIGATIONS FHLMC PARTN CERT MIRROR POOL #258673 10/01/2032 09/01/2018 108,731.62 113.359.48 114,911.93 1,55245 3.000 2839 N/A N/A 256350023 RCTC 2013 ABB TOLL BDS 2013488 RSV 31320E068 US TREAS 809650908LIGATIONS FHLMCPARTN CERT POOL #211989 01/01/2033 35/00/2019 126,59245 136,14984 135,960.29 (18327) 3.500 3259 N/A N/A 256350023 0010 2013 A&B TOLL BDS 2013088 RSV 3132AEFC5 US TREAS & AGENCY OBLIGATIONS FHLM C PARTN CERT UMBS POOL 4Z11963 11/01/2030 05/01/2019 343.633.87 36298774 367,416.77 3,42903 3.500 3.273 N/A N/A 256350023 RCTC 2013 A8B TOLL BDS 2013A8B RSV 31324647 1.,5 TREA58 AGENCY oetlua130N3 FHL M C PARTN CERT P00L#211970 04/01/2033 05/01/2019 6729518 72,30930 7259669 28]:39 3.500 3244 N/A N/A 256350023 RCTC 2013866 TOLL BDS 2013A&B RSV 313259093 USTREAS & AGENCY OBLIGATIONS 0H LM0 PARTS CERT POOL 4500096 10/01/2040 10/01/2020 154659.46 164.133.60 165468.61 1,33481 3.000 2804 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013480 RSV 3132195197 USTREAS &AGENCY 08LIGATIONS 9 H L M C GOLD. PARTN CERT POOL #WA1102 12/01/2028 04/01/2021 24,83639 25,94372 25,488.84 (45488) 1920 1,871 N/A 5/A 756350023 RCTC 2013 A66 TOLL BDS 2013488 RSV 31345WND4 USTREAS & AGENCY OBLIGATIONS FHLMC MTN 060008/12/2025 08/12/2025 08/12/2020 300,000.00 299.58000 298,920.00 (660.00) 0600 0.602 N/A AAA 256350023 RCTC 2013 ABB T0LL E105 2010A8B RSV 313647203 US TREAS & AGENCY OBLIGATIONS FNMA GTD R E M I C PASSTHRU C M 0 5ER 2012 M9 CL A2 04/25/2022 08/01/2012 60,307.47 0.16 60,710.32 69710.16 2482 2466 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 313607059 USTREAS & AGENCY OBLIGATIONS F 5 M A 610 0 E M I C PASS THRU 0 M 0 SER 2012 MB CL 42 05/25/2022 07/01/2012 131271.51 133,259.52 132,458.20 (801.32) 2.349 2328 N/A N/A 256350023 6010 2013 088 TOLL BDS 20130&B. RSV 313648989 USTREAS & AGENCY OBLIGATIONS 05 M A GTD R E M I C PASS THRU C M 0 5ER 201210201_0J 09/25/2027 08/01/2012 35.727.47 36.27450 36480.96 206.96 1.500 1.469 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013450 RSV 313600522 US TREAS & AGENCY OBLIGATIONS F 5 M A 0030 E M 1C PA55 THRU 0 M 05ER 2012 148 a MC 11/25/2042 12/01/2012 41,90956 42.640.87 42982.03 341.16 2000 1.950 N/A 58 256350023 RCTC 2013 A88 TOLL BDS 20130&8 RSV 313980714 US TREAS & AGENCY OBLIGATIONS 05 M A OTD R EM I C P105TH00 CMO SER2013 M6 CL 2A 03/25/2023 04/01/2013 35235.84 34,84770 36,174.67 1,30749 VAR 2549 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 3136000E1 USTREAS & AGENCY OBLIGATIONS F N M A GTO R E M I C PASSTHRU 0 M 0 SER 2013 36 CI. KC 04/25/2023 03/01/2013 26.805.55 26,420.22 26,923.49 50327 1.500 1.493 N/A N/A 255350023 00102013088 TOLL BPS2013A&B RSV 313649240 US TREAS & AGENCY OBLIGATIONS F NM A GTD REM IC PASS THRU CM 0SER 201327 CLKA 04/25/2028 03/01/2013 91,768.16 9268425 92,801.47 117.20 1250 1.236 N/A 58 256350023 RCTC 2013 AO TOLL6032013088 RSV 31360E084 USTREAS & AGENCY OBLIGATIONS 05 M A 6100 EM I 0 PASSTHRU CM 05E02013700LD6 07/25/2028 06/01/2013 41161.98 41,652.74 42070.84 218.10 1.750 1712 N/A N/A 256350023 RCTC 2013 A86 TOLL 6082013488 RSV 3136884E0 US TREAS 8 AGENCY OBLIGATIONS 0 NM A GTO R E M I C PASS THRU C M 0 SER 2013014 CL APT 04/25/2023 11/01/2013 28288.13 2044598 20916.98 471.00 VAR 2577 N/A N/A 256350073 RCTC 2013 ABB TOLL 1300 2013488 RSV 313600789 US TREAS 8 AGENCY OBLIGATIONS 05 M A GTD 600 I C PASS THRU CM 05ER 201589 CL KE 11/25/2031 11/01/2015 6429575 66.063.94 66106.32 42.38 2000 1945 N/A 5/A 256350023 RCTC 2013080 TOLL BDS 2013488 RSV 313]09901 US TREAS 8 AGENCY OBLIGATIONS FHLMC MULTICLASS MIS PARTN CMOSER 4039 GL qB 05/15!2027 05/01/2012 76.35162 ]7,49202 1/;5925] 100.58 1500 1.476 N/A N/A 256350023 RCTC 2013 A&B TOLL 8052013088 RSV 3137410W4 USTREAS & AGENCY OBLIGATIONS F H L 0 C MULTICLASS MTG PARTN C M 0 5ER 8020 CL A2 05/25/2022 09/01/2012 273063.73 269.16792 275,638.72 6,47080 2.373 2.351 N/A N/A 256350023 RCTC 2013 088 TOLL BDS 2013A8B RSV 3137AUP© 00 TREAS 8 AGENCY OBLIGATIONS 0HLMC MULTICLASS MTG PARTN C M 0 SER 4021 CL A2 35 i116/25/2022 11/01/2012 147,104.58 56341 28 148,659.48 5,916.11 2 396 2371 N/A N/A Page 4 of 135 912828540 US TREAS 8 AGENCY OBLIGATIONS U 5 TREASURY NOTE 1.37510/15/2022 10/15/2022 10/15/2019 750.000.00 763.253.90 759347.50 (3.40640) 1375 1.357 5/3 AAA 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 91282CAP6 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Investment Category for quarter ended September 30, 2021 Account Identifier Securi •T e Cale•a Asset Name I Base Net Total Next Call Unrealized S&P Moody Asset Name 2 Final Matori Issue Date Current Face Value Ori""nal Cost Date Base Market Value Gain/Loss Coo on Yield Ratio • Ratio • 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 256350023 R070 2013 A&B TOLL BDS 2013488 RSV 256350023 RCTC 2013 A&13 TOLL BDS 2013088 RSV 31370W053 USTREAS & AGENCV OBLIGATIONS 6111. M C MULTICLASS MTG PARTN 3137.444P, US TREAS 508E505 08610571055 F H L M C MULTICLASS MTG PARTN 3137405115 US TREAS & AGENCY OBLIGATIONS FHL MC MULTICLASS MTG PARTN C M 0 SER 6023 CL 41 C M 0 SER 6024 CL A2 04/25/2022 12/01/2012 27,426.01 27.51230 27,516.79 449 1.583 1.578 N/A N/A 09/25/2022 01/01/2013 140,000.00. 142,08906 142546.60 457.54 2.753 2527 N/A AAA • C M 0 SER 4165 CLTE 12/15/2042 02/01/2013 127,77733 130,46001 130,068.38 (391.35) 1750 1719 N/A N/A' 256350023 RCTC 2013 A6B TOLL BDS 2013458 RSV 313781860 US TREAS & AGENCV OBLIGATIONS FHL M C MULTICLASS MTG PARTN C M 0 SER 6026 CL A2 11/25/2022. 05/01/2013 360,000.00 363,360 94 367,59960 4238,66 2510 2458 N/A N/A 256350023 RCTC 2013 4&B TOLL BDS 2013A&B RSV 3137131275 USTREAS & AGENCY OBLIGATIONS F 4 L M C MULTICLASS MTG PARTN CM 0 SERI( 501 CL A2 01/25/2023 05/07/2013 304.122.23 31103440 308,808.75 (2,225.65) 2.522 2484 N/A N/A 256350023 60202013488 TOLL_ BDS 2513068 RSV 313781205 USTREAS &AGENCY 08L134110NS FH 6 M C MULTICLASS MTG PARTN CM 0 SER K0270642 01/25/2023 05/01/2013 240,000.00 250,33672 245,817.60 (4,519.12) 2537 2575 N/A N/A 256350023 RCTC 2013 090 TOLL BDS 201309B RSV 3137835W4 USTREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN C M 0 SER 6031 CL Al 09/25/2022 08/01/2013 14,036.81 14,17234 14,195.00 2266 2778 2747 N/A AAA 256350023 RCTC 2013388 TOLL 80S 2013468 RSV 313785060 USTREAS & AGENCY OBLIGATIONS F 5691 C MULTICLASS MTG PARTN 0M056R42570660 10/15/2028 10/01/2013 9,873.78 9,]52.72 10,18777 425.05 2.500 2423 N/A 6/0 256350023 RCT0 2013 A60 TOLL BDS 20130&B RSV 3137860F5 USTREAS & AGENCV OBLIGATIONS F H L 00 MULTICLASS MTG PARTN C M 0 SER 4272 CL VG 11/15/2026 11/01/2013 64671.79 55,78204 65,734.99 (47.05) 2.000 1.968 N/A N/A 256350023 RCTC 20130&870/1 BAS 2013468 RSV 313789657 US TREAS & AGENCV OBLIGATIONS F H 6 M 0 MULTICLASS MTG PARTN C M 0SER 4328 CL EA 12/15/2027 04/01/2014 88,37537 89,877.46 90,745.60 868.14 2.500 2435 N/A N/0 256350023 RCTC 2013 A&6 TOLL BDS 2013060 RSV 31378J571 USTREAS & AGENCY OBLIGATIONS F 4 L M 0 MULTICLASS 5/70 PAR15 CM 0 SER KPLB CL A 05/25/2025 06/01/2015 175,000.00 188,024.41 186,378.50 (1,645.91) 2770 2.601 N/A 2/4 256350023 RCTC 20130685066 BDS 2013088 RSV 313786402 USTREAS & AGENCV OBLIGATIONS F 46 M0 MULTICLASS MTG PARTN C M 0 SER80480642 06/25/2025 09/01/2015 37,000.00 40,815.63 40,019.20 (796.43) VAR .3.036 N/A N/A 256350023 RCTC 2013 A&8 TOLL 1355 2013066 RSV 3137BLW87 U5 TREAS 8 AGENCV OBLIGATIONS F H L 50 MULTICLASS MTG PARTN C MO SER 6050 CL Al 01/25/2025 11/01/2015 184,]12.39 192,]10.56 191,96974 (740.82) 2.802 2.696 N/A 5/0 256350023 RCTC 2013 A8B TOLL BDS 2013088 RSV 313785274 US TREAS &AGENCV 5861GATION5 F H L M C MULTICLASS MTG PART6 C M O SER K063 C641 08/25/2026 03/01/2017 249,906.21 26420435 264343.29 138:94 3.045 2879 N/A N/A 256350023 RCTC 2013 A56 TOLL 805 2013388 RSV 313785607 US TREAS & AGENCY OBLIGATIONS F 4 L M 0 MULTICLASS MTG PARTN C M 0 SER 6726 CL A2 04/25/2024 06/01/2017 217,221.99 228,738.07 227657.33 (1080.74) 2.905 2.977 AAA N/A 256350023 RCTC 2013 A&B TOLL BDS 2013080 RSV 313704056 US TREAS 9 AGENCV OBLIGATIONS F 4 6 M C MULTICLASS MTG PART5 C M 0 SER 6881 CL Al 09/25/2024 03/01/2018 40,000.00 4225000 42,303.60 53.60 2_920 2761 N/A N/A 256350023 RCTC 2013 060 TOLL 60520130&B RSV 313764041 US TREAS & AGENCY OBLIGATIONS F H L M 0 MULTICLASS MTG PARTN C M 0 SER 6074 CL A2 01/25/2028 03/01/2018 35,000.00 35.714.84 39,552.80 2,837.96 3,500 3.186 N/A N/A 256350023 RCTC 2013488 TO66BDS 2013068 RSV 313768082 USTREAS &AGENCV 013610451065 F H 619 MULTICLASS M06645 N 0 M 05ER KIR3 CL Al 08/25/2027 10/01/2017 120,000.00. 131,71406 128,254.80 (3,45926) 3.038 2842 N/A 5/0 756350023 RCTC 20134&B TOLL BDS 20134613 RSV 3137FBAJ5 US TREAS 8 AGENCY OBLIGATIONS F H L M 0 MULTICLASS MTG PARTN C M 0 SER KI83 CL A2 08/25/2027 10/01/2017 200,000.00 251.59375 221,064.00 9,47025 3281 2968 N/A N/A 256350023 RCTC 2013 ABB TOLL 8DS 20130&8 R55 31370M066 USTREAS &AGENCV OBLIGATIONS FH L M 0 MULTICLASS MTG PART5 CM05E510240L Al 05/25/2025 06/01/2019 6622120 69,01447 68,487.29 (527.18) 2283 2207 N/A N/A 256350023 RCTC 20134&B TOLL BDS 2013068 RSV 3137E5402 USTREAS & AGENCY OBLIGATIONS 041.19 0 MULTICLASS MTG PARTN C M 0SER 5095 CL Al 11/25/2028 08/01/2019 130,379.69 13239542 138,442.37 6,04595 2631 2.478 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013068 RSV 3137E141E3 US TREAS 081.13411055 FH L 50 MULTICLASS MTG PARTN C M 05ER6099 CL Al 06/25/2029 10/01/2019 178,080.06 17874343 187,470.22 8726.79 2258. 2145 N/A 2/0 256350023 6070 2013 488 TOLL BDS 2013080 RSV 3137F0357 USTREAS & AGENCY OBLIGATIONS FM. M 0 MULTICLASS MTG PARTN C M 0 SER 6101 CL 01 07/25/2029 11/01/2019 178,812.54 178.864.32 187,563.63 8,69931 2.190 2.088 N/A N/A 256350023 RCTC 2013 ABB TOLL 18135 2013066 RSV 3137055869 US TREA58 AGENCY OBLIGATIONS F 46 MCM21.71CLA55 MTG PARTN C M 05ER 2020 P003 CL Al 09/25/2030 09/01/2020 188,584,16 187,641,23 182,019.55 (5,621.68) 0.826 0.856 N/A 5/A 756350023 00117013080101/6052013065 RSV 3137E5255 USTREAS B AGENCV OBI (504055 F H L M 0 MULTICLASS MTG PARTN C M O SER 0015 CL A 08/26/2024 05/07/2021 238,765.86 238831.]6 238,780.19 (51.57) VAR 0.254 N/A N/A 256350023 RCTC 2013 A952066 BDS 20134613 RSV 3138E8.25 US TREA55 AGENCY OBLIGATIONS 55 M A 54875 CERT POOL#062239 07/01/2022 08/01/2012 46,320.83 46,74542 46,63257 (112.85) 3:023 2944 N/A N/A 256350023 ROTC 2013 ABB TOLL BDS 2013065 RSV 3138E6564 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT POOL 80L3382 03/01/2023 03/01/2013 160,439.53 150,390.99 162,541.29 2147.02 2355 2.295 N/A N/A 256350023 RCTC 2013 A585066 BDS 201346B RSV 3138E5504 USTREAS & AGENCV 05354TION5 E5 M A 6461 CERT POOL#465851 10/01/2029 09/01/2014 23,855.07 25389.59 25,755.36 365.67 3.500 .3242 N/A N/A 256350023 RCTC 2013 A&B TOLL 8552013466 RSV 3138608]3 USTREAS 8 AGENCV OBLIGATIONS 66M4PARTN CERT POOL#467688 11/01/2030 11/01/2015 51,544.46 54,83523 55,512.87 57764 3.500 3.250 256350023 RCTC 2013488 TOLL BDS 2013488 RSV 3138ETQP4 US TREAS 8 AGENCV 08LIGATIONS FN MAPARTN CERT POOL #418561 06/01/2031 05/01/2016 ]3,403.95 7865975 79,628.60 468.85 3.500 3226 N/A N/A' 256350023 RCTC 2013 A613 TOLL BDS 2013388 RSV 3138LFGP7 USTREAS & AGENCY OBLIGATIONS FN M A PARTN CERT POOL 8052905 10/01/2028 10/01/2016 270,681.30 278163.67 288605.82 10,442.15 2.550 2.392 N/A N/A 256350023 RCTC 20134&8 70/1805 2013488 RSV 3138WEMJ5 USTREA59 AGENCV OBLIGATIONS FN M A PARTN CERT P00L#AS4460 05/01/2030 04/01/2015 80282.70 53,797.30 84,30245 505.14 2.500 2381 N/A N/A 256350023 RCTC 2013088 TOLL BDS 20134&B RSV 3140J6FU6 US TREAS & AGENCY OBLIGATIONS FN M A PARTN CERT POOL #8M1978 10/01/2032 10/01/2017 77,589.53 81.919.98 82838.46 918.48 3000 2.810 N/A N/A 256350023 RCTC 2013498 TOLL 80520138&8 RSV 3140J8MED USTREAS &AGENCY 08610571055 F NM APARTN CERTUMBS POOL #BM3956 12/01/2032 05/01/2018 55,544.68 58,859.59 58886.80 27.20 3.000 2830 N/A 5/0 756350023 RCTC2013 A&13 TOLL BDS 2013A&B RSV 3140]4097 USTREAS 8 AGENCY OBLIGATIONS FNM A PARTS CERT POOL#BM6007 06/01/2049 05/31/2019 39,182.71 40.657.32 39,744.20 (923.12) VAR 2.559 5/4 N/A 256350023 6C70 2013 08,13 T0LLBDS 20130&8655 3140X4890 USTREAS&AGENCV OBLIGATIONS FN M A PARTN CERT UMBS P001_ #FM1155 06/01/2032. 05/01/2019 125266.62 131,35433 130,639.31 (715.02) 2500 2397 N/A N/A 256350023 RCTC 2013 A&B TOLL EMS2013A&B RSV 3140X7LS6 US TREAS B AGENCY OBLIGATIONS F N M APARTN CERT POOL #FM3936 08/01/2035 07/01/2020 115,285.88 120.708.35 120,560.21 (148.14) 2.500 2.391 13/0 N/A 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 3140X9068 US TREAS &AGENCY OBLIGATIONS F5 M A65675 CERT POOL8FM6017 02/01/2035 02/01/2021 170,77263. 181,773.28 174504.23 (2,269.05) 3.000 2.854 N/A N/A 256350023 RCTC 2013 A&B TOLL 8052013458 RSV 314179663 USTREAS & AGENCY OBLIGATIONS FN M APARTN CERT POOL 8M30293 01/01/2030 12/01/2009 71,300.03 36,93741 77,789.05 40,547.45 4.500 4.125 N/A 5/0 256350023 R0702013 An TOLL BDS 2013A8B RSV 314180044 USTREAS &AGENCY OBLIGATIONS F5M A P5875 CERT 60068MA2853 11/01/2031 10/01/2016 184,73452 193,350.41 19327110 (79,31) 2.500 2390 N/A N/A 256350023 RCTC 2013 A&B TOLL 8052013068 RSV 314182047 USTREAS & AGENCY OBLIGATIONS F5 M APART5 CERT 0000 POOL 85144074 06/01/2035 06/01/2020 175,737.35 181,36494 181,136.00 (224.91) 2.000 1.940 N/A N/A 256350023 RCTC 2013458 TOLL BDS 2013458 RSV 314180503 73766485 AGENCY OBLIGATIONS 55 M A 64875 CERTUMBS POOL 45144226 12/01/2030 12/01/2020 149,897.61 155,670.21 154,50246 (1,167,75) 2.000 1.940 N/A N/A 256350023 RCTC 20134&8 T0661300 20134613 RSV 314180X40 USTREAS& AGENCY OBLIGATIONS F N M A PARTN CERT UMBS POOL #M44279 03/01/2036 02/01/2021 161,095.05 166,511.04 166043.89 (467.15) 2000 1.940 N/A 2/4 256350023 6070 2013 0585066 BDS 2053468 RSV 314180063 US TREAS 5 AGENCV 006104T155S 05 M 4648750287 UMBS 13006*M/14309 03/01/2031 03/01/2021 244,090.04 25230991 251,588.49 (72389) 2.000 1.940 N/A N/A 256350023 RCTC 2013 460 TOLL BDS 2013465 RSV 361768E21 US TREAS 8 AGENCY OBLIGATIONS 05 M A PASS THRU CERT POOL #778953 03/15/2027 03/01/2012 110601.84 114,044.66 116,25341 224875 3.000 2.853 N/A 6/0 256350023 6020201308.13T031_1305 2513088 RSV 361763E038 USTREA58 AGENCY OBLIGATIONS GNM A PART5 CERT P006#779250 05/15/2027 05/01/2012 34,81067 36.11921 3660342 484.21 3.000 2853 N/A N/A 256350023 RCTC 2013 560 TOLL 805 2013060 RSV 36179MEK2 USTREAS & AGENCY OBLIGATIONS 0 5 M A I I PARTN CERT POOL #M00138 06/20/2027 06/01/2012 63,200.53 64,499.89 65228.64 72875 2.500 2422 N/A N/A 256350023 RCTC 2013458 TOLL_ BPS 2013458 RSV 3617961324 USTREAS 9 AGENCV OBLIGATIONS GN M A II 6400746U CERT POOL#MA0601 12/20/2027 12/01/2012 36.77995 37.805.86 37,960.95 155.09 2.500 2422 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013656 RSV 36179MU32 USTREAS B AGENCY OBLIGATIONS G N M A II PASS THRU CERT POOL #M00602 12/20/2027 12/01/2012 67,454.68 59.885.90 70,914.43 102053 3000 2.854 N/A N/A 256350023 RCTC 2013 A&B TOLL 8052013458 RSV 36179M255 USTREAS 548E655 08610471055 85 MA II PASS THRU CERT POOL.#MA0756 02/20/2028 02/01/2013 50,04001 51,447.98 52136.19 68821 2500 2399 N/A N/A 756350023 RCTC 2013 A&8 TOLLBDS 2013A&B RSV 361795441 USTREAS 8 AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL#MA0908 04/20/2028 04/01/2013 105,697.02 109,41095 109098.35 (312.60) 2500 2.422 N/A N/A 256350023 RCTC 2013 FAR 00LL 80S 20134&8 RSV 36179NAJ7 USTREAS &AGENCV 08LIGATIONS G MA II PASS THRU CERT POOL#MA0905 04/20/2025 04/01/2013 2514269 26,101.12. 26.434.27 333:15 3.000 2853 N/A N/A 256350023 RCTC 2013 458 TOLL BDS 20134&B RSV 3617964K] 05950455 AGENCY OBLIGATIONS 05 M 0/1 PARTN CERT POOL #MA1134 07/20/2028 07/01/2013 118,135.34 121,419.12 124,208.68 2,789.56 3.000 2.853 256350023 RCTC 2013 088 TOLL 8DS 20130&8855 361795KP2 USTREAS &AGENCY 013619411050 G N M A II PARTN CERT P0068M41202 08/20/2028 08/01/2013 79,40521 81,86122 82737.05 871.82 2500 2399 N/A 5/4 256350023 RCTC 2013 LAB TOLL 8032013458 RSV 361795F06 USTREAS & AGENCY OBLIGATIONS GN M A IIPASS THRU CERT POOL #M42864 06/20/2030 06/01/2015 15,307.96 15,843.38 16,143.93 300.55 3.000 2.845 N/A N/A 256350023 RCTC 2013089 TOLL 8052013455 RSV 361794854 USTREAS & AGENCY OBLIGATIONS 555011 PARTN CERT 0 #M 006 A2936 07/20/2030 07/01/2015 61,559.53. 64,421.05 65,970.89 1,549,84 3.500 3.266 N/A 6/0 256350023 RCTC 2013 ABB TOLL BDS 20134&B RSV 361]97683 USTREAS &AGENCY OBLIGATIONS 0 N M A I I PARTN CERT POOL #MA4691 09/20/2032 09/01/201] 60,435.77 63,563:6fi 64,763.58 1,199.92 3.500 3.266 N/A N/A 256350023 RCTC 2013 098 TOLL 80S 20134&8 RSV 362/24278 US TREAS & AGENCY OBLIGATION5 G MA IIPASSTHRU CERT POOL #005276 01/20/2027 01/01/2012 79,574.56 80583.37 83,643,21 3,058.28 3:000 2.854 N/A N/A 256350023 RCTC 2013 A&6 T0661300 201348,9 RSV 36202E347 US TREAS & AGENCV OBLIGATIONS G N M A I I PASS THRU CERT POOL #005300 02/20/2027 02/01/2012 42259.18 43,59296 44,420.31 82735 3.000 2.854 N/A N/A 256350023 RCTC 20130/4850668002013468590 3620482E4 US TREAS 5 AGENCV 050941I0NS G5 M A PART5 CERT P006#737941 02/15/2026 02/01/2011 56,907.52 58,49490 59,820.62 1,325.72 3.000 2854 N/A N/A 256350023 RCTC 20130&8 TOLL 8002013466 RSV 362202000 USTREAS & AGENCV OBLIGATIONS 05 M A PARTN CERT POOL 4783795 03/15/2028 07/01/2013 45,353.91 46,94278 47,260.58 31780 2500 2400 2/4 N/A 256350023 RCTC 2013 085 TOLL SOS 2013488 RSV 383754CM4 25 TREAS &AGENCY 0861GATIONS G N M A GTO R E M I C PASS THRU C M 0 SER 2008 47 CL PC 11/16/2037 06/01/2008. 11,759.65 11,963.45 11,896.89 (66:56) 5000 4.942 N/A N/A 256350023 RCTC 2013 A58 TOLL BDS 2013088 RSV 383767521 US TREAS & AGENCY OBLIGATIONS G N M A GTD R 0 M I 0 PASS THRU C M O SER 2010 4 CL PD 01/16/2039 01/01/2010 49,103.35 13,082.89 50,910.84 37,84416 3 000 2.893 N/A N/A 256350023 RCTC 2013 An TOLL BDS 2013486 RSV 383761179 US TREAS &AGENCV 0855471555 G. NM A GTO RE M IC PASS THRU CM O SER 20106 CLA8 11/20/2239 01/01/2010 20210.85 20,535.09 21,110.03 574.94 3.000 2872 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 38376W062 USTREAS & AGENCY OBLIGATIONS 0 5 M A 07D 0 E M I C PASS THRU CM 0 SER 201015 CL PD 10/20/2039 02/01/2010 89,861.45 75.445.84 94056.85 19,76275 4.000 3.789 N/A N/A 256350023 RCTC 2013 4952066 BDS 2013438 RSV 383776607 US TREAS 8 AGENT/ 08610471055 02 M A GTO R E M I C PASS THRU CM 5 5E62010 118 CL NE 12/20/2039 09/01/2010 18,416.05 18,585.22 18,533.36 (51 86) 2500 2484 N/A 6/0 756350023 RCTC 20134&B TOLL BDS 2013488 RSV 3837751(49 US TREAS & AGENCY OBLIGATIONS 05 M A GTDR E M I C PASS THRU 0 M 05ER 201118 CL PG 08/20/2040 02/01/2011 15,278.60 15,45485 15,608.62 153.77 3000 2937 2/4 N/A 256350023 RCTC 2013 A58 TOLL_ BDS 2013088 695 38377RVK8 US TREAS & AGENCV OBLIGATIONS G N M A 500 R ENT I C PASS THRU CM O SER 2010166 CL GP 04/20/2039 12/01/2010 40,717.16 20,141.28 41,52214 21,380.90 3.000 2942 N/A N/A 256350023 RCTC 2013 4&5 TOLL BDS 20134&B RSV 383775164 USTREAS 8 AGENCY OBLIGATIONS G N M A GTD 0 E M I C PASS THRU C M 0 SER 2011136 CL GA 05/20/2040 10/01/2011 12,680.01 1281979 12804.15 (15.64) 2000 1.981 N/A N/A 256350023 RCTC 2013 A&B TOLL BDS 2013083. RSV 383780390 USTREAS &AGENCY OBLIGATIONS G5 M A GTDR E M IC PA55 THRU CM 002820110580604 10/20/2026 12/01/2011 49,46214 50,26522 50,45485 189.63 3000 2941 N/A N/A 256350023 RCTC 2013 A&B TOLL 8052013488 RSV 38378E9138 USTREAS 8 AGENCY OBLIGATIONS G N M A GTD R E M I C PASS THRU CM 0 SER 2013 5 CL 10 07/20/2042 01/01/2013 117,154.06 115433.39 119,807.60 4,37421 2000 1.956 N/A N/A 256350023 RCTC 2013 A88 TOLL BM 2013465 RSV 383784450 55780496400605 OBLIGATIONS 5NM ATM R EM I C PASS 1483 0509082012560640 08/20/2027 08/01/2012 47432.13. 48087.60 46204.33 115.73 1.500 1476 N/A 6/0 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 38378JZD7 USTREAS & AGENCV OB110411050 0 N M A GM R E M 1 C PASS THRU CM 556201347070 12/20/2040 03/01/2013 19,454.68 19,211 49 19,660.90 449.41 1.500 1.484 N/A N/A 256350023 RCTC 2013058 TOLL BDS 2013458 RSV 38378K650 US TREAS & AGENCY OBLIGATION5 GN5AG10R EMICPASSTHRU CM OSER 201378 CLAG 07/16/2043 05/01/2013 398,302.29 384,548.41 400,716.00 16,167.59 2388. 2374 N/A 2/0 256350023 RCTC 2013 A&6 T06013002013469 RSV 383786504 US TREAS & AGENCY OBLIGATIONS G 5 M A GM 0 E M I0 PASS THRU 050500201304 CL AL 12/16/2046 05/01/2013 425,000.00 193,42288 433,444.75 240,021 87 VAR 2.558 N/A 2/4 256350023 RCTC 2013 5885066 BIM 2013456 RSV 383786W09 US TREAS & AGENCV 0839411055 G5 M A GTDR E M I C PA55 THRU C M 0 8E6 2073 96, CL A 10/16/2041 06/01/2013 17,690.74 15,810 25 17,729.48 819.23 1.400 1.397 N/A N/A 256350023 ROTC 2013468 TOIL 8002013456 RSV 3837828W4 US TREAS & AGENCY OBLIGATIONS 05 M A GTE) 0 E 5 I 0 PASS THRU 0 M 0 SER 2013 105 CL A 02/16/2037 07/01/2013 50,07348 0.33 50,34037 5034004 1705 1.696 2/4 N/A S _ - -__ 4 256350023 6020 2013488 TOLL BDS 2013488 RSV 383787467 US TREA58 AGENCY OBLIGATIONS 9 MAGTOREMICPASS THRU GMOSER 201371 CL GA 07/20/2041 05/01/2013 59,831.73 0.24 61,554.88 61,554.64 2500 2430 N/A 5/4 256350023 RCTC 2013 A5B TOLL 8052013488 RSV 383780045 USTREAS & AGENCY OBLIGATIONS G N M A GTD R 0 M I C PASS THRU C M O SER 201311506/14 12/16/2041 08/01/2013 65,131.09 62780.27 66842.08 4,061.81 2.250 2.192 2/4 N/A 256350023 RCTC 2013 05131011 B052013458 RSV 383783662 US TREAS 5 AGENCV 0859471ONS G 5 M A 3173 R E M 1 C PASS THRU CM 5505201416606P6SER 35 15/16/2055 11/01/2014 122,880.09 124166:74 126,106.92 1,940.13 VAR 2.436 N/A N/A Page 5 65 135 Source A880un1 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Investment Category for quarter ended September 30, 2021 Account Identifier Securi T ,e Cale•a Asset Name I Asset Name 2 Final Maturity Issue Date Current Face Value Ori.-nal Cost Next Call Date Base Base Net Total Unrealized S&P Market Value Gain/Loss Coo on Yield Ratin• Moody Ratin • 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 38379105815 256350023 RCTC 2013 A&8 TOLL BDS 201348.13 RSV 383800234 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 9128285W6 256350023 RCTC 2013 A&B TOLL BDS 20130&3 RSV 9120201836 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 912828J43 256350023 RCTC 2013 A&B T(11.11305 25130&B RSV 912828881 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 912828Z60 256350023 RCTC 2013 A&B TOLL SOS 20130&B RSV 91282CAE1 256350023 RCTC 2013 A&B TOLL BDS 2013096 RSV 91282CAM3 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 91282CAP6 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 91282CBA8 256350023 RCTC 2013 A&B T0LL BDS 20130&B RSV 91382CCG4 USTREAS & AGENCY OBLIGATIONS 55 M 8 7 46 M I C PASS THRU US TREAS & AGENCY OBLIGATIONS G N MA GTO R E M IC PASS THRU US TREAS & AGENCY OBLIGATIONS U 5 TREASURY US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE US TREAS & AGENCY OBLIGATIONS U 5 TREASURY NOTE USTREAS & AGENCY OBLIGATIONS U S TREASURY NOTE USTREAS & AGENCY OBLIGATIONS US TREASURY NOTE US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE USTREAS & AGENCY OBLIGATIONS U 0 TREASURY NOTE US TREAS & AGENCY OBLIGATIONS U 5 TREASURY NOTE USTREAS & AGENCY OBLIGATIONS U S TREASURY NOTE US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE C MO SER 201529 CL AD C M 0 SER 201614701_04 04/20/2046 INFLATION PROTECTED SECURITY 01/15/2029 2.250 11/15/2024 11/15/2024 1.750 02/28/2022 2125 05/15/2025 0.500 03/31/2025 0 525 08/15/2030 0.250 09/30/2025 0.125 10/15/2023 0.125 12/15/2023 0 250 06/15/2024 09/16/2055 02/01/2015 10/01/2016 01/15/2019 11/17/2014 43,332.53 42225.54 64,30840 63,662.79 135,127.50 760,000.00 445,000.00 45045.46 66,07943 2,819,92 1, 71.03 02/28/2022 03/02/2015 05/15/2025 05/15/2015 03/31/2025 03/31/2020 08/15/2030 08/15/2020 09/30/2025 09/30/2020 10/15/2023 10/15/2020 12/15/2023 12/15/2020 06/15/2024 06/15/2021 1,250,000.00 365,000.00 90,000.00 970,000.00 375,000.00 180,000.00 525,000.00 14009944 770.127 32. 450.006.25 1,278,84854 362,889.84 87.14853 957.882.03 374077.15 179.444.53 522,662.11 156,119.56 799,930.40 448,128.35 VAR 2.368 3.000 2890 11,700.29 0875 0735 29,80308 2250 2138 (1877.90) 1.750 1.738 N/A 36,202.09 2.125 2022 N/A 8441 0500 0.503 N/A (3,42453) 0625 0672 N/A (8678.83) 0.250 0.255 N/A (423.40) 0.125. 0125 N/A (288.73) 0./25 0.126 N/A N/A N/A N/A N/A 1,313,675.00 362,974.25 83,724_30 949,203.20 373,653.75 179,155.80 522,08525 (575.86) 0250 0251 N/A N/A N/A AAA AAA AAA AAA AAA AAA AAA AAA AAA AAA 64,280,460.77 65,033,123.14 65,925,506.42 805,347.44 353 Page 6 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Account for quarter ended September 30, 2021 ATTACHMENT 3 256350018 CTC 2013 068 TOLL 605 SUB RSV FD 318462401 CASH EQUIVALENTS 256350018 CTC 2013 A68 TOLL BDS SUB RSV FD 3128MMT52 U5 TREAS & AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT 256350018 CTC 2013A&BTOLLBDS SUB RSV FD 3128MMUL5 US TREAS & AGENCY OBLIGATIONS F H L MC GOLD PARTN CERT 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 31307NP40 US TREAS & AGENCY OBI15471095 1 H L M C GOLD PARTN CERT 256350018 CTC 200 413 6B TOLL BDS SUB RSV FD 313045E%0 US TREAS &AGENCV OBLIGATIONS FEDERAL HOME LOAN EMS 256350018 CTC 2013 A&B TOLL BDS SUB RSV FD 313248521 US TREAS &AGENCY OBI IGATIONS F H L M C PARTN CERT POOL 0258063 2S6350015 CTC 2013 A&fl TOLL BDS SUB RSV FD 31324803.7 US TREAS &AGENCY OBLIGATIONS FHLMCPAM CERT MIRROR POOL #267403 255350018 CTC 2013 ABB TOLL 806 SUB RSV FD 3132A9T64 US TREAS & AGENCY OBLIGATIONS F 4 L M C PARTN CERT MIRROR POOL #258673 2 563 5001 6 CTC 2013 A&B TOLL EMS SUB RSV FD 313241168 US TREAS & AGENCY OBLIGATIONS FHL MC PARTS CERT 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 3132AEF45 US TREAS & AGENCY OBLIGATIONS F H L M 0 PARTS CERT UMBS POOL #ZT1963 11/01/2030 05/01/2019 370,691.64 392648.19 396.347.21 3,699.02 3.500 3.273 N/A N/A 256350018 CTC 2013 ABB TOLL 805 SUB RSV FO 3132AEF57 US TREAS & AGENCY OBLIGATIONS F H L M 4 PARTN CERT 255350018 CTC 2013 AO TOLL BDS SUB RSV FD 3132D9093 US TREAS & AGENCY OBLIGATIONS 14! M 0 PARTS CERT POOL #500096 10/01/2040 10/01/2020 256350018 CTC 2013 A&B TOLL BDS SUB RSV FD 3132WSF97 U5 TREAS &AGENCY OBLIGATIONS F H L M 5 GOLD PARTN CERT POOL#WA1102 12/01/2028 04/01/2021 124,181.96 129.71157 127,444.22 (2274.35) 1.920 1.871 N/A N/A 256350018 CTC 2013 A66 TOLL 1305 SUB RSV FD 31345WND4 US TREAS & AGENCY OBLIGATIONS FH L MC MTN 0.60008/12/2025 08/12/2025 08/12/2020 325000.00 324,54500 323,830.00 (71500) 0.600 0602 N/A AAA 256350018 CTC 2013 A&B TOLL BDS SUB RSV FD 3136/17111619 US TREAS 6 AGENCY OBLIGATIONS EN M 66248164 I C PASSTHRU C M 0 SER 201228 CL A2 05/25/2022 07/01/2012 72199.31 72348.44 72,851.99 503.53 2.349 2.328 N/A N/A 256350018 CTC 2013 A&B TOLL BDS SUB RSV FD 3136A8SX9 US TREAS & AGENCY OBLIGATIONS F N M A GTD R EMI C PASSTHRU CM 0 SER 2012 102 CL BJ 09/25/2027 08/01/2012 41,368.65 42,001.46 42241.11 239.65 1.500 1.469 N/A N/A 256350018 OTC 2013 A687011 BDS SUB RSV FD 3136ABNZ2 US TREAS & AGENCY OBLIGATIONS 1 N M A GTD R E MI C PASS THRU C M 0 SER 2012 148 CL MC 11/25/2042 12/01/2012 49,942.22 50,813.71 51,220.24 406.53 2.000 1.950 N/A N/A 256350018 CTC 2013 A68 TOLL BDS SUB RSV FD 313BADFF1 U5 TREAS 6 AGENCY OBLIGATIONS F 9 MA GTD R E M IC PASSTHRU (3M O SER 201336 CL KC 04/25/2023 03/01/2013 28,382.36 27,974.37 28,507.24 532.87 1.500 1.493 N/A N/A 256350018 CTC 2013 A&8 TOLLBDS SUB RSVFD 313643Z03 US TREAS & AGENCY OBLIGATIONS FNMA GTD R E M I C PASS THRU C M 0 SER 2013 27 CL KA 04/25/2023 03/01/2013 107,]58.06 108833.52 108;971.42 131-90 1.250 1.236 N/A N/4 31 1 91 1 7/ 256350018 CTC 2013 A&BTOLL. KS SUB RSV FD 313 GT6AEV84 US TREAS &AGENCY OBLIGATIONS F N M A GTD R F. M 12 PASS THRU C M 0 SF.R 2013 70 CL OG 07/25/2028 06/01/2013 47,661.25 48,461.10 48,713.61 252.51 1.750 1.712 N/A N/A 8 256350013 CTC 2013 A,461 TOIL TO BOS SUB RSV FD 3136AHAE0 US TREAS &AGENCV OBLIGATIONS FNMA GTD R E M I C PASS THRUHRU M C O SER 2013 M14 CL APT 04/25/2023 11/01/2013 33,836.81 33,967.41 34,58896 619.55 VAR 2.577 N/A WA 2 5 53 5001 8 CTC 2013 ABB TOLL BDS SUB RSV FD 3136AQZ69N9 US TREAS&AGENCY OBL IGATIDNS FNMAGTDREMIC PASS THRU CMOSER 201589 CL KE 11/25/2031 11/01/2015 75,869.01 77,95549 ]8,005.48 49.99 2000 1.945 N/A N/A 256350018 CTC 2013 4&B TOLL BDS SUB RSV FD 3137455E1 US TREAS &AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN C M O SER 4039 CLEM 05/15/2027 05/01/2012 88418.72 89727.60 89,844.03 116.45 1.500 1.476 N/A N/A 6r(32013056350018 A&B TOI 1. 005 SUB RSV FD 31370TRW4 USTREAS & AGENCY 0BLIGATIONS 145 IV 0 MULTICL ASS MTG PARTS C M 0 SFR 9020 CI. 42 05/25/2022 09/01/2012 290380.07 292,185.82 293,118.35 93253 2373 2.351 N/A N/A 256350018 CTC 2013 A&B TOLL BDS SUB RSVFD 3137005E3 USTREAS& AGENCY OBLIGATIONS FH LMC MULTICLASS MTG PARTN C NI0SER 6021 CL A2 06/25/2022 11/01/2012 196,139.44 197,451.85 198,21263 76078 2.396 2.371 N/A N/A 256350018 CTC 2013 4&B TOLL BDS SUB RSV FO 31374W053 U5 TREAS & AGENCY OBLIGATIONS 1 4 I. M C MULTICLASS MIS PARTS C M 0 SER 9023 Cl. Al 04/25/2022 12/01/2012 73,135.99 7232464 73.378.07 1,053.43 1.583 1.578 N/A N/A 256350018 CTC 2013 ABB TOLL B05 SUB RSV FD 3137404,16 US TREAS&AGENCV OBLIGATIONS 1 H L Al C MULTICLASS MTG PARTN 930SER 6024 CL Al 02/25/2022 01/01/2013 4,508.11 4,51216 4.507.66 (4.50) 1.749 1.749 N/A AAA 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 313748451 US TREAS & AGENCY OBLIGATIONS 14 L M C MULTICLASS MTG PARTN C M 0 SER K024 CL A2 09/25/2022 01/01/2013 150.000.00 15223242 152,728.50 496.08 2753 2.527 N/A AAA 256350018 CTC 2013 AAA TOLL BDS SUB RSVFD 3137A0545 U0 TREAS &AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN C M 0 SER 4165 CL TE 12/15/2042 02/01/2013 149,526.64 152665.81 152207.65 (457.82) 1.750 1.719 N/A N/A 256350018 CTC 2013 AO TOLL 025 SUB RSVFD 313761650 U5 TREAS & AGENCY OBLIGATIONS 1 H L 8 C MULTICLASS MTG PARTN C M 0 SER 6026 CL A2 11/25/2022 05/01/2013 645,000.00 652086.14 658,615.95 6729.81 2.510 2458 N/A N/A 256350018 CTC 2013 A68 TOLL BM SUB RSV FD 313781075 U5 TREAS I( AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTS 060869KS0) CLA2 01/25/2023 05/07/2013 300,120.63 301,234.03 304,74549 3,511.46 2522 .2484 N/A N/A 256350018 CTC 2013466 TOLL BDS SUB RSV FD 313761405 U5 TREAS & AGENCY OBLIGATIONS 14 L 8 C MULTICLASS MIS PARTN 1 M 0 SER 6027 CL 42 01/25/2023 05/01/2013 200000.00 204,101.56 204,848.00 74644 2.637 2.575 N/A N/A 256350018 OTC 2013 A6B TOLL BDS SUB RSV FD 3137639W4 US TREAS & AGENCY OBLIGATIONS 19 L MC MULTICLASS MTG PARTN CM0SER 8031 CI_41 09/25/2022 08/01/2013 16,844.16 17,006.80 17033.59 27.19 2778 2747 N/A AAA 256350018 CTC 2013 A68 TOLL BDS SUB RSVFD 313785460 U5 TREAS 6 AGENCY OBLIGATIONS 1 4 L M 0 MULTICLASS MTG PARIS 0 9 0 SER 4257 CL EH 10/15/2028 10/01/2013 9,015.21 9,065.69 9,301.89 236.20 2.500 2323 N/A N/A 256350018 CTC 2013 A&B TOLLBDS SUB RSV FD 3137864E5 US TREAS& AGENCY OBLIGATIONS 1 H L M CMULTIGLASS MTG PARTN CM DSER 4272 CL YG 11/15/2025 11/01/2013 88839.73 79,999.76 82;16874 2,16898 2000 1.968 N/A N/A 256350018 CTC 2013 AO TOLL KS SUB RSV FD 313707581 U5 TREAS & AGENCY OBLIGATIONS 1 H I. 0 C MULTICL. ASS MTG PARTN C 5 0 SER 9037 CL Al 04/25/2023 03/01/2014 111650.62 113,550.05 113,554.26 4.21 2.592 2.549 AAA N/A 256350018 CTC 2013 A&B TOLL BOS SUB RSV FD 3137B9RN7 US TREAS & AGENCY OBLIGATIONS 14 L M 0 MULTICLASS MTG PARTN C M O SER 4328 CL EA 12/15/2027 04/01/2014 103,897.70 105,66260 106,684.24 1,021.64 2500 2,435 N/A N/A RSV F 256350018 CTC 2013 AOTOI L BDS SUB RSVFD 31378]0]1 US TREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTS C M 05E591,541 A 05/25/2025 06/01 /20 200,000.00 206,296.88 213.004.00 6]0].12 27]0 2.601 N/A N/A 256350015 CTC 2013 A&B TOLL BDS SUB RSV FD 313]63.402 US TREAS &AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTS C M O SER K048 CL A2 06/25/2025 09/01/2015 150,000 00 159,648.05 162,240 00 2591.95 VAR 3.036 N/A N/A 256350018 CTC 2013 A&8 TOIL BDS SUB RSV FD 313781. WB] U5 TREAS & AGENCY OB1.10401055 F 4 5 I 0 MULTICLASS MTG PARTN C M 0518 8050 CL 41 01/25/2025 11/01/2015 215,497.77 224.82898 223.964.68 (86430) 2802 2.696 N/A N/A 2 563 5001 5 CTC 2013 A&13 TOLL BOS SUB RSV FD 9137BM6P6 US TREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTS C M O SER K721 CLA2 08/25/2022 12/01/2015 190,457.41 194,432.21 193,40379 (1,028.42) 3.090 3043 N/A AAA 256350018 CTC 2013 A&B TOLL BDS SUB RSVFD 31375P462 USTREAS & AGENCY OBLIGATIONS F 4 I. M C MULTICLASS MTG PARTN C M 0SER KIR1 Cl. A2 03/25/2026 05/01/2016 200,000.00 21512500 214.245.00 4,121.00 2849 2660 N/A N/A 256350018 CTC 2013 AO TOLL 805 SUB RSV FD 313765028 US TREAS E. AGENCY OBLIGATIONS 14 L VI C MULTICLASS MTG PARTN C M 0 SER 8109 CL A2 09/25/2022 11/01/2016 44,236.11 44,516.39 44,903 63 387.24 2.838 2,796 N/A N/A 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 313760Z74 US TREAS & AGENCY OBLIGATIONS 1 H L M C MULTICLASS MTG PARTN C M 05ER 8063 CL Al 08/25/2026 03/01/2017 291.557.25 308238.41 308,400.51 162.10 3.045 2079 N/A N/A 256350018 CTC 2013 A&B TOLL BDS SUB RSV 111 3137132557 U0 TREAS& AGENCY OBLIGATIONS F H L M 0 MULTICLASS MIS PARTN CM0SERK726 CL A2 04/25/2024 06/01/2017 217221.99 228738.07 227,657.33 (1,080.74) 2905 2.977 AAA N/A 256350018 CTC 2013 A65 TOLL BDS SUB RSV FD 313714262 US TREAS & AGENCYOBI.IGATIONS FHLMC MTN 2.37501/13/2022 01/13/2022 01/13/2012 350,000.00 352458.81 352,289.00 (1,169.81) 2.375 2360 AA+ AAA 256350018 CTC 2013A&B TOLL HOS SUB RSV FD 3137F40Y6 US TREAS & AGENCY OBLIGATIONS F H L MC MULTICLASS MTG PARTN C M 0 SER 81381 CL Al 09/25/2024 03/01/2018. 190,000.00 195,907.81 200,54210 5,03429 2920 0,761 N/A N/A 256350018 CTC 2013 496 TOLL BDS SUB RSV FD 313754041 U5 TREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN C 8 0 SER 9074 CL A2 01/25/2028 03/01/2018 150,000.00 163248.05 169,512.00 6263 95 3.600 3.186 N/A N/A 256350018 CTC 2013 ABS TOLL BDS SUB RSV FD 313716362 US TREAS &AGENCV OBLIGATIONS F H LM CMULTICLASS MTG PARTN CM0SER la 43 CL Al 08/25/2027 10/01/2017 130,000.00 142690.23 138,942,70 (3,74753) 3.038 2842 N/A N/A 256350018 CTC 2013 A&8 TOIL BDS SUB RSVFD 3137E13405 US TREAS 6 AGENCY OBLIGATIONS F 4 L M C MULTICLASS MTG PARTS C 9 0 SER KIR3 CL 42 08/25/2027 10/01/2017 200,000.00 211,593.75 221.064.00 9,470.25 3.281 2.968 N/A N/A 256350018 CTC 2013 A&B TOLL BDS SUB RSVFD 313710635 US TREAS & AGENCY OBLIGATIONS FHL M C MULTICLASS MTG PARTN C M D SER 6729 CL Al 02/25/2024 12/01/2017 81,340.88 83,031.45 82967.70 (63.75) 2951 2893 N/A N/A __ 1111 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 313]53.654 US TREAS &AGENCV OBLIGATIONS F H L M C MULTICLASS MTG PARTN C M 0 SER 6089 CL A2 01/25/2029 03/01/2019 275,000.00 307,10840 313.010.50 5,902.10 3.563 3.130 N/A N/A 2563500-18 CTC 2013 A&B TOLL BDS SUB RSV FD 3137FM568 US TREAS& AGENCY OBLIGATIONS FH LMC MULTICLASS MTG PARTN CM O SER KJ24 CL Al 05/25/2026 06/01/2019 66,221.20 69014.47 68487.29 (527.18) 2283 2.207 N/A N/4 I. __. . 356350018 CTC 2013 A&H TOLL. BDS SUB RSVFD 313]FNAD2 US TREAS & AGENCY OBLIGATIONS F 8 H L M C MULTICLASS MTG PARTN C M D SER 6095 CL Al 11/25/2028 08/01/2019 144,Bfifi.30 14],10709 153,824.83 6]17.]4 2631 2.478 N/A N/A 7/ 1 2670-_ 256350018 CTC 2013 A613 TOLL BDS SUB RSV FD 313755]53 US TREAS &AGENCY OBLIGATIONS FLMC H LM C MULTICLASS MTG PARTN C M O SER 6099 CL Al 06/25/2029 10/01/2019 192516.96 193,236.08 2026]048 9/{34.40 2.258 2.145 N/A N/A 056350018 CTC 2013 A&B T011 BDS SUB RSV FD 3137FPJP1 US TREAS &AGENCV OHIIGATIONS F H L M C MULTICLASS MTG PARTN C M 0 SER KCDS Cl. 458 07/25/2029 11/01/2019 95,176.20 99.8]) 64 99,00].04 (870.60) 2230 2.144 N/A N/A 256350016 CTC 2013566 TOLL BDS SUB RSV FD 313715347 U5 TREAS & AGENCY OBLIGATIONS 19 L M CMULTICLASS MIS PARTS CMOSERK101 CLA1 07/25/2029 11/01/2019 193,310.86 19336581 202,77149 9,404.68 2.190 2.088 N/A N/A 256350018 CTC 2013A&B TOLL BDS SUB RSVFD 31371WHV9 USTREAS & AGENCY OBLIGATIONS 14 I. M C MULTICLASS MTG PARTS CM 0 SER 2020 P003 CL Al 09/25/2030 09/01/2020 188,584.16 187,64123 182019.55 (5,621.68) 0.826 0856 N/A N/A 256350018 CTC 2013 ABB TOLL BM SUB RSVFD 3137FYUR5 US TREAS &AGENCV OBLIGATIONS 14 L VI C MULTICLASS MTG PARTN C M 0 SER Q 015 CL A 08/26/2024 05/07/2021 282177.83 282255.70 28219476 (60.94) VAR 0.254 N/A 'N/A 256350018 CTC 2013 A68 TOLL BDS SUB RSV FD 3138EJPZ5 US TREAS & AGENCY OBI..IGATIONS F N M A PARTN CERT POOL #43.2239 07/01/2022 08/01/2012 52,110.93 52370.75 52461.64 90.89 3.023 2.944 N/A N/A 256350016 CTC 2013 A&B TOLL BDS SUB RSV FD 3138EK%L4 US TREAS&AGENCV OBLIGATIONS FN M A PARTN CERT POOL#463382 03/01/2023 03/01/2013 32521.52 32565.39 32947.55 382.16 2355 2295 N/A N/A 256350018 CTC 2013 A&B TOLL BDS SUB RSV FD 3138ENQD4 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT P001. #43.5851 10/01/2029 09/01/2014 58,444.93 62,20475 63,100.65 895.90 3.500 3.242 N/A N/A 256350018 CTC2013 A&B TOLL BDS SUB RSVFD 3138E5RJ3 U5 TREAS 6 AGENCY OBLIGATIONS F 6 M A PARTN CERT POOL #467688 11/01/2030 11/01/2015 59.903.02 63,727.41 64,514.95 781-54 3.500 3.250 256350018 CTC 2013 AO TOLL BDS SUB RSV FD 3138ETQP4 U5 TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT POOL #43.8561 06/01/2031 05/01/2016 83,413.56 89,386.04 90,487.03 1.100.99 3.500 3.226 N/A N/A 256350018 OTC2013 A&B TOLL 608 SU8 RSV FD 313862306 US TREAS 6 AGENCY OBLIGATIONS 19 MA/ARTN CERT POOL 44M2254 01/01/2028 01/01/2013 246,130.64 257,555.82 267,13543 9,579.61 3.010 2773 N/A 61/3 256350018 CTC 2013A&B TOLL BDS SUB RSV FD 3138LFGP7 US TREAS 6 AGENCY OBLIGATIONS 1N M A PARTN CERT POOL #192905 10/01/2028 10/01/2016 295288.67 303451.24 314,842.69 11391.45 2550 2.392 N/A N/A 256350018 CTC 2013 A&B TOLLBOS SUB RSV FD 3138WEMJ5 US TREAS& AGENCY OBLIGATIONS FN MAPARTN CERT E,001_ #454860 05/01/2030 04/01/2015 94,879.55 99,078.97 99,630.17 55120 2500 2381 N/A N/A 256350018 CTC 20134&B TOLL KS SUB RSV FD 3140,16E06 U5 TREAS& AGENCY OBLIGATIONS FN M A PARTN CERT POOL #BM1978 10/01/2032 10/01/2017 85,348.47 9811196 91,122.29 1,010.33 3000 2.810 N/A N/A 256350018 CTC 2013 46137011MS SUB RSV FD 314018ME0 US TREAS & AGENCY OBLIGATIONS 1 N M A PARTN CERT UMBS POOL 08&13956 12/01/2032 05/01/2018 69,1 7038 73,308.34 73340.84 32.61 3000 2830 N/A N/A 356350018 RSV FD CTC 2013 4613 TOLL S SUB RSVFD 3140]409] US TREAS &AGENCY OBLIGATIONS F N M A PARTN CERT POOL #BM6007 06/01/2049 05/31/2019 42,744.76 44364.37 43,35].29 (1,00708) VAR 2559 N/A N/A FIRST AMERICAN GOVERNMENT OBLIG FD CL D POOL #018571 5001#018586 POOL #032243 3.250 11/16/2028 764,232.69 105036.54 91,866.82 189,328.20 200,000.00 187,259.61 195,331.67 86,941.37 92075.33 117,095.59 122,079 43 764,232.69 10940446 95,144.07 201,175.33 222450.00 764,232.69 109,95435 549.89 95,09334 74927 200,646.24 (529.09) 3.000 2.831 N/A N/A 225,554.00 3,10400 3.250 2.882 195901.64 569.97 2.500 2390 N/A N/A 91,62142 (453.91) 3.000 2847 N/A N/A 123.751.30 1,671.87 3000 2.839 N/A N/A 0.006 10/01/2030 10/01/2015 02/01/2031 02/01/2016 07/01/2030 07/01/2015 11/16/2028 11/16/2018 09/01/2032 09/01/2018 05/01/2031 09/01/2018 10/01/2032 09/01/2018 2.500 2888 2500 2395 N/A N/A N/A N/A AAA P00L#ZT1989 01/01/2033 05/01/2019 146,732.16 157,815.63 157,59034 (223.88) 3.500 3259 N/A 5121 POOL#ZT1970 04/01/2033 05/01/2019 78,511.04 84,360.89 84,696.14. 395.25 3.500 3.244 N/A 4/A 179,739.36 190.75009 192,301.34 1,551.25 3.000 2.804 N/A N/A 354 Page 7 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Account for quarter ended September 30, 2021 et Total Current Face Next Call Base Market Unrealized S&P Moody setFlame 2 "aturity iite Value Ori,'nal Cost Date Value Gain/Loss Con on Yield Rati8o ItaNn., 256350018 RCTC 2013 A88 TOLL 13135 SUB RSV FD 3140X4890 US TREAS & AGENCY OBLIGATIONS 5 N M A PARTN CERT UMBS 256350018 RCTC 2013 A88 TOLL IDS SUB RSV FD 314087556 US TREAS & AGENCY OBLIGATIONS F N M A PARTS CERT 256350018 RCTC 2013 A88 TOLL 80S SUB RSV FD 3140149068 US TREAS & AGENCY OBLIGATIONS 60' M A PARTN CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 3141706F3 US TREAS & AGENCY OBLIGATIONS 5 N M A PARTN CERT 256350018 RCTC2013 A&B TOLL BDS SUB RSVFD 31418CDH4 US TREAS & AGENCY OBLIGATIONS 5 N M A PARTN CERT 256350013 RCTC 2013 A88 TOLL BOS SUB RSVFD 314180047 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 31418DVU3 US TREAS 8 AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 314180X80 US TREAS& AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 2 563 5001 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 314182063 US TREAS & AGENCY OBLIGATIONS FNMAPARTN CERT UMBS 256350018 RCTC 2013 298 TOLL BDS SUB R50 FD 31419AM53 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 2 563 5001 8 RCTC 2013 ABB TOLL BDS SUB RSV FD 361765E21 US TREAS & AGENCY OBLIGATIONS GNMAPASS THRU CERT 2 563 5001 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 361766068 US TREAS & AGENCY OBLIGATIONS GNMA PARTN CERT 256350018 RCTC 2013288 TOLL BDS SUB RSV FD 361795E62 US TREAS & AGENCY OBLIGATIONS GN MA II PARTN CERT 256350018 RCTC 2013 ABB TOLL 805SUB RSV FD 36179MU24 US TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 36179M632 US TREAS & AGENCY OBLIGATIONS GN MAII PASSTHRU CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 36179M205 U5 TREAS & AGENCY OBLIGATIONS GNMA II PASSTHRU CERT 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 36179NAH1 US TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 36179NAJ7 US TREAS & AGENCY OBLIGATIONS GN MA II PASS THRU CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 36179NHK7 US TREAS & AGENCY OBLIGATIONS G N M All PARTN CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 361796 6P2 US TREAS & AGENCY OBLIGATIONS G 9 M A II PARTN CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSVFD 36179RFD6 US TREAS & AGENCY OBLIGATIONS G N M A I I PASS THRU CERT 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 361798884 US TREAS & AGENCY OBLIGATIONS GNMAII PARTN CERT 256350018 RCTC 2013 ABB TOLL BDS SUB RSV FD 361797583 US TREAS B AGENCY OBLIGATIONS GNMAII PARTN CERT 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 362026288 US TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350018 PCTC 2013 48,B TOLL BDS SUB RSV FD 36202F387 US TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350018 RCTC 2013 288 TOLL BDS SUB RSV FD 3620ARZE4 US TREAS & AGENCY OBLIGATIONS G N M A PARTN CERT 256350018 RCTC 2013 ABB TOLL BDS SUB RSVFD 3620045U5 USTREAS& AGENCY OBLIGATIONS G N M A PASSTHRU CERT 2 563 5001 8 RCTC 2013 A&B TOLL BOS SUB RSV FD 362222850 US TREAS & AGENCY OBLIGATIONS G N M A PARTN CERT 256350018 RCTC 2013288 TOLLE'S SUB RSV FD 362978500 US TREAS & AGENCY OBLIGATIONS G N M A PASSTHRU CERT 256350013 RCTC 2013 ABB TOLL B05 SUB RSV FD 383767521 US TREAS & AGENCY OBLIGATIONS GN M 66004=5 IC PASS THRU 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 38376TTT9 US TREAS & AGENCY OBLIGATIONS GNMA STD REM IC PASS THRU 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 3837602E6 U5 TREAS & AGENCY OBLIGATIONS GN M AGM REM IC PASS THRU 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 38376WA62 US TREAS & AGENCY OBLIGATIONS G N MA STD RE M 1C PASS THRU 256350018 RCTC 2013 A&8 TOLL BD5 SUB RSV FD 3837712E67 US TREAS & AGENCY OBLIGATIONS GNMAGTDREMICPA55THRU 256350018 RCTC 2013 400 TOLL BDS SUB RSV FD 383770KN9 U5 TREAD & AGENCY OBLIGATIONS G NMA GTD REM IC PASSTHRU 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 383778068 US TREAS & AGENCY OBLIGATIONS G N MA GTD REM IC PASS THRU 256350018 RCTC 2013 ABB TOLL BDS SUB RSVFD 38377YTL4 US TREAS & AGENCY OBLIGATIONS G N MA GTD REM IC PASSTHRU 256350013 RCTC 2013 A68 TOLL BDS SUB RSV FD 383786390 US TREAS & AGENCY OBLIGATIONS GNMAGTDRE M I C PASSTHRU 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 383786088 US TREAS B AGENCY OBLIGATIONS G N M A GTD RE M I C PASS THRU 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 38378HAU0 US TREAS & AGENCY OBLIGATIONS G N MA GTO R E M I 0 PASS THRU 2 563 5001 8 RCTC 2013 A&B TOLL EMS SUB RSVFD 38378JZD7 05 TREAS& AGENCY OBLIGATIONS GNMA GTOREMICPASSTHRU 256350018 RCTC 2013288 TOLL DDS SUB RSV FD 38378KWU9 USTREAS & AGENCY OBLIGATIONS GNMAGTOREMICPASSTHRU 256350018 RCTC 2013 ABB TOLL BDS SUB RSV FD 38378TAF7 US TREAS & AGENCY OBLIGATIONS 0 N MA GTD R E M I C PASS THRU 2 563 5001 8 RCTC 2013 A&B TOLL BOS SUB RSV FD 9128285W6 US TREAS & AGENCY OBLIGATIONS USTREASURY 256350018 RCTC 2013 ABB TOLL BOS SUB RSV FD 912828838 US TREAS & AGENCY OBLIGATIONS U5 TREASURY NOTE 256350013 RCTC 2013 Ma TOLL 805 SUB RSV FD 256350018 RCTC 2013 ABB TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 256350018 RCTC 2013 A88 TOLL 805 SUB RSV FO 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BOS SUB RSV FD POOL 4E51155 06/01/2032 06/01/2019 148754.11 155,983.27 155,134.17 (849.10) 2.500 2397 P00LWFM3936 08/01/2035 07/01/2020 277,406.65 291269.93 290,098.00 (1,171 92) 2.500 2391 POOL 4E56017 02/01/2035 02/01/2021 203,300.73 216,396.74 213,695.50 (2.701.24) 3000 2.854 POOL 0MA0293 01/01/2030 12/01/2009 40,585.64 43,157.83 4427934 1,12151 4500 4125 POOL 4502803 11/01/2031 10/01/2016. 212,444.72 222,353.00 222,261.79 (91.21) 2.500 2.390 POOL 4MA4074 06/01/2035 06/01/2020 206,749.81 213,348.68 21810116 (24227) 2000 1940 POOL 4MA4226 47818 44166 171,311.54 177,908.82 1]65]4.23 (1,334.59) 2.000 1.940 POOL 45242]9 03/01/2035 02/01/2021 184,10862 19029832 189,]6444 (53388) 2.000 1.940 POOL 11MA4309 03/010031 03/01/2021 285539.27 295,160.49 294,311.04 (852.29) 2000 1.940 POOL#AE0379 08/01/2024 09/01/2010 17,86973 18,047-42 18,12277 7538 5500 5.423 POOL 4778953 03/15/2027 03/01/2012 120,279.49 124,023.56 126,46907 2,445.51 3000 2.855 3 POOL 6779250 05/15/2027 05/01/2012 40,16614 41,67599 4223470 55871 3000 2853 N/A N/A POOL #MA0138 06/20/2027 06/01/2012 68,467.24 69,874.89 70,664.35 78946 2.500 2422 N/A _ N/A 2.500 2.422 N/A N/A POOL 6MA0601 12/20/2027 12/01/2012 39,844 91 40,956.33 41,124 33 16300 POOL #540602 12/20/2027 12/01/2012 73,075.95 ]5.709.]9 76.82402 1,114.23 3.000 2.854 N/A _ N/A POOL 4MAO75fi 02/20/2028 02/01/2013 54,280.71 55,808.02 5655453 74651 2500 2399 N/A N/A POOL 8M40906 04/20/2028 04/01/2013 124,449.74 128822.58 128.454.53 (368.05) 2.500 2.422 N/A _ N/A P OOL 4800909 04/20/2028 04/01/2013 27,181.30 28,21743 28,577.60 360.17 3000 2853 N/A N/A POOL 4MA1134 07/20/2028 07/01/2013 78,756.90 82,274.20 82,805.79 531.59 3000 2.853 POOL 4MA1202 08/20/2028 08/01/2013 84,076.10 86,700.57 87,60393 89879 2500 2399 0'/0 N/A POOL 48112864 06/20/2030 06/01/2015 15,307.96 15,843.38 16,143.93 300.55 3.000 2.845 N/A N/A P OOL 4MA2936 07/20/2030 07/01/2015 7181967 75,15792 76,96605 1,808.13 3.500 3.266 N/A N/A POOL OMA4691 09/20/2032 09/01/2017 67,990.22 71,509.10 72,859.00 1,349.90 3.500 3.266 N/A N/A 900L4005276 01/20/2027 01/01/2012 104,155.19 10556500 10948064 3,915.64 3.000 2.854 N/A N/A POOL 4005300 02/200027 02/01/2012 60,950.73 63,112.17 64,067.75 955.58 3.000 2.854 N/A N/A POOL 4737941 02/15/2026 02/01/2011 62,89771 64,65217 66,11744 1,46527 6000 2854 POOL 4748531 09/15/2025 09/01/2010 52,500,89 53,24777 55,585.32 2,337.55 4.000 3.778 N/A N/A POOL 6783795 03/15/2028 07/01/2013 53,]2789 5559786 55,97425 37639 2.500 2400 N/A N/A POOL#711168 02/15/2025 02/01/2010 45,769.04 46,443,19 48,165.96 1,722.77 4.500 4.276 N/A N/A =MOSER 2010405PD 01/16/2039 01/01/2010 54,272.15 56,099,44 56,26991 1706 C 50 SER 20106 CL AB 11/20/2039 01/01/2010 21,968.29 22.320.71 22.945.66 624.9 CM050568801019066* 07/16/2039 02/01/2010 62,30542 63,922 47 64,744 68 822.2 C 5 0 SER 2010 15 CL PD 10/20/2039 02/01/2010 49,969.29 51,629.04 52747.08 1,118.0' C MOSER 2010116 CL NE 12/20/2039 09/01/2010 21,543.30 21741.19 2168053 (60.66 C MO SER 2011 18 CL PG 08/20/2040 02/01/2011 16,484.82 16,674.98 16,840.89 165.9 CMOSER 2010166 CLGP 04/20/2039 12/01/2010 50,324.72 51,32236 51319.64 (2.72 C M 0 SER 2011 136 CL GA 05/20/2040 10/01/2011 49,921.26 49,312.84 50,409.99 1,097.1 C M 05ER 2011 153 CL CA 10/20/2026 12/01/2011 53,]8409 5465735 54,863 54 206.1 CMOSER 20135 CLJE 07/20/2042 01/01/2013 123,662.63 121,846.33 126,463.59 4617.2 C 8 0 6E6 2012 96 65 60 08/20/2027 08/01/2012 56,360 51 57,139 23 57,278 06 1388 C M 0 SER 201347 CL EC 51490 41334 20,670.62 20412.23 20,889.73 477.5 0/204 0 8 CMOSER 20139605 A 10/16/2041 06/01/2013 1085573 10,37960 1087950 4999 C M O SER 201371 CL GA 07/20/2041 05/01/2013 64,817.77 64,892.53 66,68452 1,791.9 INFLATION PROTECTED SECURITY 01/15/2029 01/15/2019 162,153.00 169,99431 187,34347 17,6022 2.250 11/15/2024 11/15/2024 11/17/2014 350,000.00 370.125.00 368,389.00 (1736.00 2.125 05/15/2025 05/15/2025 05/15/2015 710,000.00 744,402.74 746,16740 1,7646 1.375 10/15/2022 10/15/2022 10/15/2019 750.000.00 763,253.90 759,847.50 (3.406.40 0.500 03/31/2025 03/31/2025 03/31/2020 1,000,00000 996,603.51 994,45000 (2,153.51 0.625 08/150030 08/15/2030 08/15/2020 110,00000 106,515.23 100329.70 (4,18553 0250 09/30/2025 09/30/2025 09/30/2020 700,00000 695679.69 684,99200 (10,68769 0.125 10/150023 10/15/2023 10/15/2020 1,780,000.00 1,773,922.08 1,773,609.80 (312.28 0.125 12/15/2023 12/15/2023 12/15/2020 150,000.00 149,537.11 149,29650 (240.61 20,374,103.02 20,903,880.54 21,030,733.96 127,106.1 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A A N/A 912828661 U5 TREAS & AGENCY OBLIGATIONS 9128287K0 US TREAS & AGENCY OBLIGATIONS 91 28 28 2 60 U5 TREAS & AGENCY OBLIGATIONS 91282CAE1 US TREAS & AGENCY OBLIGATIONS 91282CAM3 USTREAS & AGENCY OBLIGATIONS 91282CAP6 US TREAS & AGENCY OBLIGATIONS 91282116a8 US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE U S TREASURY NOTE U 5 TREASURY NOTE U S TREASURY NOTE V 5 TREASURY NOTE U S TREASURY NOTE U 5 TREASURY NOTE 256350021 RCTC 2013 ABB TOLI. BDS RESIDUAL ED 318460401 CASH EQUIVALENTS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 05051GHC6 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BUS RESIDUAL FD 060510J63 CORPORATE OBLIGATIONS 256350021 RCTC 2013 288 TOLL DDS RESIDUAL 3D 1259*EAC8 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 140418500 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 14315XAC2 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL 805 RESIDUAL FD 14315X200 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BOS RESIDUAL ED 172967866 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 20030NCR0 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 345283363 CORPORATE OBLIGATIONS 256350021 RCTC 2013488 TOLL BDS RESIDUAL FD 345280006 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 345280863 CORPORATE OBLIGATIONS 256350021 RCTC 2013480 TOLL 605 RESIDUAL FD 38013F403 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A68 TOLL BOS RESIDUAL FD 38141GXL3 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&8 TOLL BDS RESIDUAL FD 440452285 CORPORATE OBLIGATIONS 256350021 ROTC 2013 A&B TOLL BDS RESIDUAL FD 4664JPAY2 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 493275269 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL 805 RESIDUAL ED 61 7446 87 9 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 637432E194 CORPORATE OBLIGATIONS 256350021 ROTC 2013 288 TOLL BDS RESIDUAL FO 59353063] CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL 805 RESIDUAL FD 842400850 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&8 TOLL BDS RESIDUAL FD 8636676136 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL 005 RESIDUAL FD 89236THU2 CORPORATE OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BOS RESIDUAL ED 89788MAF9 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 91159HHV5 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 92347/222 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 950003203 CORPORATE OBLIGATIONS 256350021 RCTC 2013 A88 TOLL 8DS RESIDUAL FO 9816211434 CORPORATE OBLIGATIONS 3000 2.893 N/A N/A 3000 2172 N/A 'N/A 4000 3.849 N/A N/A 4000 3789 N/A N/A 2500 2484 N/A N/A 3000 2.937 N/A N/A 3000 2942 1001 N/A 2.000 1.981 N/A N/A 3.000 2941 N/A N/A 2000 1.956 N/A N/A N/A 1.500 1476 N/A 1.500 1.484 N/A N/A 1400 1397 N/A N/A 2.500 2.430 N/A N/A 0875 0735 N/A AAA 2.250 2.138 N/A AAA 2.125 2022 N/A AAA 1.375 1.357 N/A _ AAA 0.500 0.503 N/A AAA 0.625 0.672 N/A AAA 0.250 0.255 N/A AAA 0.125 0.125 0'/4 AAA 0.125 0.106 N/A AAA FIRST AMERICAN GOVERNMENT OBLIG FD CL D 345,09,65 345,099.65 345,099.65 - 0.006 BANK OF AMERICA CORP 3 004 12/20/2023 12/20/2023 12/20/2017 185,000.00 1944128012/20/2022 190,65545 (3,75735) 3.004 2915 A- A2 BK OF AMERICA CORP65 GLBL NT 24 MEDIUM TERM NOTE 10/24/2024 10/21/2020 205,000.00 205604.751004/2023 205,709.30 104.55 0.810 0.807 R- A2 CNH EQUIPMENT TRUST 05055820186 CLA3 11/15/2023 09/26/2018 47,]7117 48,010 59 48,40509 394.50 3190 3.148 N/A AAA CAPITAL ONE MULTI ASSET A B S 5ER 2019 A2 CL 42 08/15/2024 09/05/2019 100,000.00 100,312.50 101,325.00 1.01250 1.720 1.698 N/A CARMAX AUTO OWNER TRUST A 09 SER 20201 CL A3 12/16/2024 01/22/2020 60,000.00 59,98823 60,84650 85837 1.890 1.864 AAA N/A CARMAX AUTO OWNER TRUST A BSSER 20201 CL A4 06/16/2025 01/22/2020 280,000.00 291,30938 298,435.40 (2172.98) 2.030 1.971 AAA. N/A CIT1GROUP INC 098105/01/2025 05/01/2025 05/04/2021 165,000.00 1650000004/01/2025 165,53460 53460 0.981 0.978 BBB+ A3 COMCAST CORP 3.700 04/15/2024 04/15/2024 10/05/2018 250.000.00 275055.00 03/15/2024 268,877.50 (6,177.50) 3.700 3.440 A- A3 FORD CREDITFLOORPLAN MASTER OWNER ABS5ER20173 CLA 09/15/2024 10/11/2017 100,00000 103,445.31 10210600 (1339.31) 2480 2429 AAA N/A FORD CREDIT FLRPLN TR 201928 AB55ER20192 CLB 04/15/2026 04/090019 100,000.00 107,390.62 106237.00 (1,153.62) 3.250 3.059 N/A AA1 FORD CREDIT MSTR TR A A B 9 SER 20201 CL Al 09/15/2025 09/18/2020 225,000.00 224,98686 22606835 1,08189 09/15 0.697 N/A AAA GM FINANCIAL SECURITIZED TERM C M 0 SER 20184 CL A3 10/16/2023 10/10/2018 19,621.43 1978100 19,784.48 348 3.210 3.184 AAA AAA GOLDMAN SACHS GROUP INC 062711/17/2023 11/17/2023 11/19/2020 485,000.00 486,140.0011/17/2022 485,19885 (94115) 0.627 0.627 BBB* A2 HORMEL FOODS CORP D650 06/03/2024 06/03/2024 06/03/2021 215,000.00 214,961.30 06/030022 215,206.40 245.10 0.650 0.649 A Al JPMORGAN CHASE CO 402312/0532024 12/05/2024 12/05/2018 495,000.00 5448244512/05/2023 53018460 (14,639 351 4.023 3.756 A- A2 KEY BANK NA 3.300 06/01/2025 06/010025 06/01/2015 250,000.00 271,962.50 270,620.00 (1,342.50) 3.300 3.049 A- A3 MORGAN STANLEY 055011/10/2023 11/10/2023 11/13/2020 380,00000 3800000010/10/2023 38049020 49020 0.560 0550 BBB+ Al NATIONAL RURAL UTIL COOP 340011/15/2023 11/15/2023 11/05/2013 165,000.00 178,234.6508/15/2023 174,127.80 (4,106.85) 3.400 3.222 A- Al M_ _ 2 20 3 55/ 025 2500 _ 00 PNC BANK NA MEDIUM TERM NOTE 02/24/2023 02/25/2020 25000000 2500000002/24/2022 250,2]500 2]500 VAR 0453 A A2 5001 /01-_ " SOUTHERN CA EDISON CO tM GLBL 20115 24 04/01/2024 O4Ot/2021 160,000.00 160.000.0004/01/2023 160,825.50 &25.50 VAR 0.895 A3 STRYKER CORPORATION 060012/01/2023 12/01/2023 11/23/2020 160,000.00 159,86080 150,00640 14560 0.600 0.600 A- BAA1 TOYOTA MOTOR CREDIT CORP MEDIUM TERM NOTE 01/11/2024 01/11/2021 170,00000 169,989.80 16960220 (387.60) 0.450 0.451 A+ Al TRUIST F1NL CORP VR MEDIUM TERM NOTE 06/06/2025 06/07/2021 245,000.00 245,0000006/09/2024 24596775 95775 VAR 0.000 A- A3 US BANCORP MEDIUM TERM NOTE 02/05/2024 02/04/2019 500,000.00 543,665.00 01/05/2024 531.480.00 (12,385.00) 3.375 3.175 At A2 VERIZON OWNER TRUST A BSSE22019 AGLAIA 09/20/2023 03/13/2019 80,56607 81,61362 81,291.16 (322.46) 2930 2904 AAA AAA WELLS FARGO CO MEDIUM TERM NOTE 06/02/2024 06/02/2020 395000,00 40425415 06/02/2023 402,72225 (1,582.60) 1554 1.622 BBB+ Al WORLD OMNI AUTOMOBILE LEASE A 855ER.20204 CLA3 01/15/2023 02/12/2020. 235000.00 239,773,44 237 50235 (2270,69) 1.700 1.682 N/A AAA 355 Page 8 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Account for quarter ended September 30, 2021 w Aceoara Identifier Security Trite Ca Tor Final Maturity Current Face Value ase Total Next Call Base Market Unrealized SAP Moody Ori,'nal Cost Date Value Gain/Loss Cauuon Yield Rating I2atin2 256350021 RCTC 2013 A&B TOLL 005 RESIDUAL FD 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A8B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 256350021- RCTC 2013 ABB TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL E113 RESIDUAL FD 256350021 RCTC 2013 688 TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 ABB TOLL BUS RESIDUAL FD 313268531 US TREAS & AGENCY OBLIGATIONS F H L M C PARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 3132AEF68 US TREAS & AGENCY OBLIGATIONS FH LMC PARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3132AEFC5 US TREAS & AGENCY OBLIGATIONS FHLMC PARTN CERT UMBS 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 313255691 US TREAS & AGENCY OBLIGATIONS F H L M C GOLD PARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313305533 US TREAS & AGENCY OBLIGATIONS F H L MC GTDREM I C PASS THRU 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 31340WY42 US TREAS & AGENCY OBLIGATIONS FHLMC MTN 256350021 RCTC 2013 ABB TOLL EDS RESIDUAL FD 31 3 6 672 0 3 US TREAS & AGENCY OBLIGATIONS FN MAGT041 MIC PASS THRU 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 3136ADZA0 US TREAS & AGENCY OBLIGATIONS F N MA GTO R E 1411 PASS THRU 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 313666648 US TREAS & AGENCY OBLIGATIONS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 313664666 US TREAS & AGENCY OBLIGATIONS FNMA 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 3137A2PV] US TREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3137APP61 US TREASR AGENCY OBLIGATIONS 68LMC MULTICLASS MTG PARTN 77_63.. 256350021 RCTC 2013 688 TOLL DDS RESIDUAL FO 3137ATRW6 US TREAS &AGENCY OBLIGATIONS F 1 H LM C MULTICLASS MTG PARTN 256350021 RCTC 2013 ABB TOLL BUS RESIDUAL FO 31374W053 US TREAS &AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BOS RESIDUAL FD 31376%HN6 US TREAS & AGENCY OBLIGATIONS FHLMCMULTICLASS MIS PARTN 256350021 RCTC 2013 A&B TOLL 605 RESIDUAL FD 3137AYCE9 US TREAS & AGENCY OBLIGATIONS F 8 L M C MULTICLASS MTG PARTN 256350021 RCTC 2013 ABB TOLL B05 RESIDUAL FD 313761UF7 US TREAS & AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313767339 US TREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3137E11E80 US TREAS & AGENCY OBLIGATIONS 1 H L M 0 MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313761P56 US TREAS & AGENCY OBLIGATIONS F H L M 1 MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL 8D5 RESIDUAL FD 3137.371 U5 TREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 3137BLW87 US TREAS & AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTN 256350021 RCTC 2013 ABB TOLL EDS RESIDUAL FD 31 37 6 6331 U$ TREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 3138EKXL4 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT 256350021 RCTC 2013 ABB TOLL 805 RESIDUAL FD 313946669 US TREAS & AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTN 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FO 31397LUK3 US TREAS & AGENCY OBLIGATIONS FN M A STD R1 M IC PASS THRU 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 314017932 US TREAS & AGENCY OBLIGATIONS F NM APARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD • 314018ME0 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 256350021 RCTC 2013 A88 TOLL EDS RESIDUAL FD 31 40 84 690 US TREAS & AGENCY OBLIGATIONS F 5 M A PARTN CERT UMBS 2 563 500 21 RCTC 2013 ABB TOLL BDS RESIDUAL FD 314007L96 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3140X9VK8 US TREAS & AGENCY OBLIGATIONS F NM APARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 31418DYF3 US TREAS & AGENCY OBLIGATIONS F N M A PARTN CERT UMBS 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 361793268 U5 TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 36179RFD6 US TREAS & AGENCY OBLIGATIONS GN MA II PASSTHRU CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 36202F260 US TREAS & AGENCY OBLIGATIONS G N M A I I PASSTHRU CERT 256350021 RCTC 2013 A&B TOLL BUS RESIDUAL FD 3622A2510 US TREAS & AGENCY OBLIGATIONS G N M A PARTN CERT 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 383767531 USTREAS & AGENCY OBLIGATIONS G N M A GTD R ERIC PASSTHRO 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 912828686 USTREAS & AGENCY OBLIGATIONS US TREASURY NOTE 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 912828143 U$ TREAS & AGENCY OBLIGATIONS U STREASURV NOTE 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 912828L57 US TREAS & AGENCY OBLIGATIONS USTREASURY NOTE 256350021 ROTC 2013 A813 TOLL BDS RESIDUAL FD 912828YK0 US TREAS & AGENCY OBLIGATIONS U 5 TREASURY NOTE 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 912828/10 US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FD 912828Z05 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 912828ZP8 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 256350021 RCTC 2013 A. TOLL BDS RESIDUAL FO 91282CAP6 US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE 256350021 RCTC 2013 ABB TOLL BDS RESIDUAL FO 91 2 8 218 6 8 US TREASB AGENCY OBLIGATIONS *8 16145681 NOTE 256350021 RCTC 2013 A68 TOLL BOS RESIDUAL FD 912821154 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 98162YAD5 21688AAQ5 FOREIGN OBLIGATIONS 2255E2E0 FOREIGN OBLIGATIONS 4581X0C29 FOREIGN OBLIGATIONS 072024WW8 MUNICIPAL OBLIGATIONS 194740PF7 MUNICIPAL OBLIGATIONS 196400CW5 MUNICIPAL OBLIGATIONS 2830620K0 MUNICIPAL OBLIGATIONS 649710WL3 fi4990FD43 650038A95 783186TZ2 3128MMUL5 CORPORATE OBLIGATIONS WORLD OMNI AUTO RECEIVABLES TRUST COOPERATIEVE CENTRALS RAIFFEIS CREDIT SUISSE NEW YORK INTER AMERICAN DEVEL BK BAY AREA CA TOLL AUTH TOLL BRIDGE COLLIN CNTY TX TAXABLE LTD TAX REF COLORADO ST HSG FIN AUTH TXBL ADJ EL DORADO CA IRR DIST REV TAXABLE ABSSER 2019 ACL A3 MEDIUM TERM NOTE MEDIUM TERM NOTE MUNICIPAL OBLIGATIONS NEW YORK NY CITY TRANSITIONAL. MUNICIPAL OBLIGATIONS NEW YORK ST DORM AUTH ST PERS MUNICIPAL OBLIGATIONS NEW YORK ST URBAN DEV CORP REV MUNICIPAL OBLIGATIONS RUTGERS NJ ST UNIV TXBL REF SER R US TREAS & AGENCY OBLIGATIONS FHLMC GOLD PARTN CERT FNMA STD REMIC PASS THRU 05/15/2024 01/30/2019 75,903.61 76,817.57 76701.26 (11632) 3.040 3.008 01/12/2024 01/12/2021 285,000.00 284,803.35 283,691.85 (111150) 0.375 0.3]7 02/02/2024 02/02/2021 250,000.00 250,000.00 249,097.50 (902.50) 0495 0.497 1750 09/14/2022 09/14/2022 09/14/2017 650,000.00 652,06]00 65962000 7,553.00 1 750 1 724 REVENUE REF SUB SAN FRANCISC08AY 04/01/2022 09/26/2019 95,000.00 95,000.00 95,925.30 925.30 2.128 2.107 BDS 2020 02/15/2024 06315/2020 175000.00 175,000.00 176,601 .25 7601.25 0.86] 0.859 MULTI FAMILY PROD CLASS I SER C 10/01/2051 09/11/2019 200,000.00 200,000.00 200,000.00 10/01 0.073 REF BOS 20201 03/01/2022 06/23/2020 155,000.00 155,00000 155,30845 30845 0.739 0_738 FUTURE TAX SECURED SUBOR UBOR FISCAL 08/01/2023 08/28/2012 155,000.00 164,850.25 161,635.55 (3,214.]0) 2.710 2599 INCOME TAX REV TAXABLE GEN PURR 03/15/2025 06/23/2021 17500000 175,00000 175,493.50 49350 0887 0885 TAXABLE PER INCOME TAX G 20208 03/15/2024 06/25/2020 180,000.00 180,000.00 181,519.20 1,91920 0965 0.957 205705/01/2022 TAXABLE 05/01/2022 10/24/2019 105,000.00 105,00000 10599225 99225 2.057 2.036 POOL #618586 47880 42401 48,896.85 51,11196 51,040.00 (]1.96) 2.500 2.395 N/A. N/A POOL #258063 09/01/2032 09/01/2018 234,66713 244,78271 245497.02 714.31 2.500 2390 N/A N/A POOL #ZT1989 01/01/2033 05/01/2019 66.173.33 71.47481 71,070.16 (40465) 3.500 3.259 N/A _ N/A POOL #ZT1963 11/01/2030 05/01/2019 143,406.26 151,900.41 153,33141 1,431.00 3.500 3.273 N/A N/A POOL 4079019 07/01/2028 07/01/2013 43,085.17 43,40247 45,338.52 _ 1,936.05 3.000 2.851 N/A N/A STRIPPED TR 370 CL 100 09/25/2033 12/01/2020 200,66272 20097437 20001318 (96119) 1000 0.993 N/A N/A 0.30010/13/2023 10/13/2023 10/13/2020 300,000.00 299,850.00 299,832.00 (18.00) 0.300 0.800 N/A AAA CMO SER 2012149 CL A2 44676 41122 8,397.22 840836 845331 44.97 2482 2466 N/A N/A 1 M 0 SER 2013 27 CL KA 04/25/2028 03/01/2013 69,521.31 70,088.37 70,304.12 215.75 1.250 1.236 N/A N/A C M 0 SER 2015 M4CLAV2 07/25/2022 03/01/2015 204,469.65 204,806.00 205,21596 40996 2509 2500 N/A N/A 0.30010/27/2023 10/27/2023 10/27/2020 415,000.00 414,8962510/27/2021 414,697.05 (19920) 0.300 0.300 AA* AAA C M O SER 3760 CL BA 09/15/2022 11/01/2010 14,05384 13,80789 14,13549 32760 1.500 1491 N/A N/A C M O SER K018 CL A2 01/25/2022 05/01/2012 10,317.78 13344.22 10,359.26 15.04 2.789 2.778 N/A N/A CMOSER K020 CL A2 05/25/2020 22 09/01/2012 96,793.35 9]58245 97,706.11 123.66 23]3 2351 N/A N/A C M 0 SER K023 CL Al 04/25/2022 12/01/2012 1142747 11232.13 11,46529 250.31 1.583 1.578 N/A N/A 1140 SER K024 CL Al 02/25/2022 01/01/2013 665.97 65681 66590 9.09 1749 1749 N/A AAA C M0 SER K025 CL A2 10/25/2022 02/01/2013 360,000.00 367,79063 367,462.80 (32].83). 2.682 2.628 N/A. AM 1 M 0 SER K027 CL Al 09/25/2022 05/01/2013 4,181.85 4,12044 4,204.47 8403 1.785 175 N/A N/A C M 0 SER K037 CL 42. 01/25/2024 03/01/2014 120.000.00 129.506.25 127.257.60 -(2,248.65) 3.490 3.291 AAA N/A 1 140 SER K041 CLA1 08/25/2024 12/01/2014 240,003.30 247,603.00 247,56100 (4200) 2720 2637 N/A N/A 1 M 0 SER K046 CL At 01/25/2025 06/01/2015 35,791.37 36,931.43 37,089.86 158.45 2.697 2.603 N/A _ N/A 1 140 SER KPLB CL A 05/25/2025 06/01/2015 250,000.00 260755.86 26625500 (250086) 2770 2601 N/A N/A 1140 SER K050 CL Al 01/25/2025 11/01/2015 277,068.57 289,065.84 287,954.59 .(1111.25) 2.802 2496 N/A N/A 180 SER 3737 CL MA 10/15/2022 10/01/2010 65,921.52 65,241 70 6643175 1,190.05 1.500 1488 N/A N/A POOL #AL3382 03/01/2023 03/01/2013 34,689.63 34,736.41 35,144.06 407.65 2.355 2.295 N/A N/A C MOSER 2666 CL OD 08/15/2023 08/01/2003 986226 9959.61 10,15566 19605 5.500 5.341 N/A N/A 1 M 0 SER 2008 45 CL DB 06/25/2023 05/01/2008 14,695.08 14,762 47 14,908.16 145.69 4500 4.436 N/A N/A POOL 0BM3173 10/01/2031 11/01/2017 36431.81 38,64259 39,48115 83856 3500 3230 N/A N/A 7 003 7071_ 0203_. _ _ POOL 118143956 12/01/2032 05/01/2018 82,307.13 87,046.04 8].259.55 213.51 3.000 2.830 N/A N/A POOL #FM1155 06/01/2032 06/01/2019 187,89992 197,03149 19595895 (107254) 2.500 2397 N/A N/A 00 POOL #F M3936 08/01/2035 07/01/2020 172,,928.82 181,062.55 180,844 0.31 (222242222 ) 2.500 2.391 N/A N/A POOL #FM6017 02/01/2035 02/01/2021 101650.37 106,19838 106,84775 (1,35063) 3000 2854 N/A N/A POOL #MA4309 03/01/2031 03/01/2021 46054.74 47,354.02 47,469.54 115.52 2000 1.940 N/A N/A POOL #MA2569 02/20/2030 02/01/2015 208,394.53 216,79444 220,348.04 3,553.60 3000 2837 N/A N/A POOL 4632864 06/20/2030 06/01/2015 40.821.21 40249.06 43,050.46 _ 801.40 3000 2.845 N/A N/A POOL 4005276 01/20/2027 01/01/2012 45,828.30 46,44161 48,17150 1,72289 3.000 2854 N/A N/A POOL 4783795 03/15/2028 07/01/2013 150,976.77 155,04244 157,289.11 2,246.67 2.500 2.400 N/A N/A 1140 SER 20104 CL PD 01/16/2039 01/01/2010 31,012.66 3205683 32154.24 97.41 3000 2.893 N/A N/A 1.500 01/31/2022 01/31/2022 02/02/2015 2,000,000.00 2,021,953.13 2,009,620.00 (12,333.13) 1.500 1.493 N/A AAA 1.750 02/28/2022 02/28/2022 03/02/2015 1,350,000.00 1364,717.78 1,359,49050 (5,227.28) 1.750 1738 N/A AAA 1.750 09/30/2022 09/30/2022 09/30/2015 2,150,000.00 2,158,926.57 2,185,776.00 26849.43 1.750 1.721 N/A AAA 1.375 10/15/2022 10/15/2022 10/15/2019 1,820,000.00 1,830,]21.10 1,843,89660 13,175.50 1.3]5 1.35] N/A AAA 1.75017/31/2024. 12/31/2024 12/31/2019 1,570,000.00 1,633,886.52 1,628,937.80 (4,948.72) 1.750 1.687 N/A N/A 0 500 03/15/2023 03/15/2023 03/16/2020 1,560,00000 157220684 1,567,37880 (482804) 0.500 0498 N/A AAA 0.125 05/15/2023 05/15/2023 05/15/2020 810,000.00 806354.69 808,833.60 478,91 0.125 0.125 N/A AAA 012510/15/2023 10/15/2023 10/15/2020 650,000.00 649,0]422 640666.50 (1407]2) 0 0 125 125 N/A AAA 0.125 12/15/2023 12/15/2023 12/16/2020 955000.00 951.686.33 950,521.05 (1,165.28) 0.125 0.126 N/A AAA 0.250 06/15/2024 06/15/2024 06/15/2021 545,00000 54057306 641,97525 (597.80) 0.258 0.251 N/A AAA AAA N/A A+ AA2 A+ Al AAA AAA AA- Al AAA AAA Alt VMIG1 AA AA3 AAA AA, AA+ N/A N/A AA2 A+ AA3 26,563,019.72 27,036,234.80 27,014,689.34 (21,528.30) 256350023 RCTC 2013A&B TOLL MS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013ASB RSV 256350023 RCTC 2013 A&B TOLL BUS 2013A80 RSV 256350023 RCTC 2013 ABB TOLL 8392013366 RSV 256350023 RCTC 2013 A&B TOLL BUS 2013A&B RSV 256350023 RCTC 2013 ABB TOLL EDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BUS 2013A&B RSV 256350023 RCTC 2013 A813 TOLL EDS 20136&B RSV 256350023 RCTC 2013 ABB TOLL BDS 20136&8 RSV 256350023 RCTC 2013 ABB TOLL BDS 2013A. RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A. TOLL EDS 2013A. RSV 256350023 RCTC 2013 ABB TOLL 8052013668 RSV 256350023 RCTC 2013 A&B TDLL BDS 2013688 RSV 256350023 RCTC 2013 A&B TOLL BUS 2013A&B RSV 256350023 RCTC 2013 A8B TOLL E05213A6B RSV 256350023 RCTC 2013A&B TOLL 8052013566 RSV 256350023 RCTC 2013 A&B TOLL BDS 2013686 RSV 318469401 3128MMT52 3128MMUL5 313075 P40 3130AFFX0 3132A85Y1 3132ABGL7 3132A9T64 3132A1658 3132AEFC5 3132AEF67 313209593 3132W5357 31345W504 313647233 3136A7MN9 3135A8389 3136ABNZ2 CASH EQUIVALENTS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U$ TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS FIRST AMERICAN GOVERNMENT FHLMC GOLD PARTN CERT FHLM C GOLD PARTN CERT FHLMC GOLD PARTN CERT FEDERAL HOME LOAN BKS FHLMC PARTS CERT FHL MC PARTN CERT MIRROR FHLMC PARTN CERT MIRROR FHL MC PARTN CERT FHLMC PARTN CERT UMBS FHLMC PARTN CERT FHLMC PARTN CERT P36515060 PARTN CERT FHLMC MTN FNMA GTD REMIC PASSTHRU FNMA GTDREMIC PASSTHRU 666686108KIM E MIC PASSTHRU =N M AGTDREMICPASSTHRU DBLIG FD CL D POOL 651.71 POOL #618586 POOL 6732243 3.250 11/16/2028 POOL 4258063 POOL #Z57403 POOL #258673 POOL #ZT1989 POOL 6,1963 POOL 8731970 POOL#SC0096 POOL #WA1102 0 600 08/12/2025 CM 0 SER 2012 M9 CL A2 C M 0 SER 2012 M8 CL A2 CMOSER 2012102CLBJ C M 05ER 2012148 CL MC 10/01/2030 10/01/2015 02/01/2031 02/01/2016 07/01/2030 07/01/2015 11/16/2028 11/16/2018 09/01/2032 09/01/2018 05/01/2031 09/01/2018 10/01/2032 09/01/2018 01/01/2033 05/01/2019 11/01/2030 05/01/2019 04/01/2033 05/01/2019 10/01/2040 10/01/2020 12/01/2028 04/01/2021 08/12/2025 08/12/2020 04/25/2322 08/01/2012 05/25/2322 07/01/2012 09/25/2027 08/01/2012 11/25/2042 12/01/2012 616,235.36 91,90fi 98 88,903.38 161,421 08 185,000.00 173,037.35 69,553.11 108,73162 126,592.45 343,633 87 67295.18 154,659 46 24,836.39 300,00000 616,235.36 616.235.36 0.006 95,72192 96,21006 48114 2500 2388 N/A N/A 90074.91 92,800.02 725.11 2.500 2.395 N/A N/A 171521.93 17107083 (451.10) 3000 2831 N/A N/A 205,766.25 208,637.45 2,871.20 3.250 2.882 AA. AAA 181496.31 18102302 52671 2.500 2.390 N/A N/A 73,66326 73,297.15 (36311) 3.000 2.847 N/A N/A 113359.48 114,911.93 1,552.45 3000 2839 N/A N/A 136,149.84 135,960.29 (188.27) 3.500 3.259 N/A N/A 363,98774 367,416.77 3,42903 3.500 3273 N/A N/A 72309.30 72596.69 287.39 3.500 3.244 N/A N/A 164,133.80 165,468.61 1,334.81 3.000 2804 N/A N/A 25,94372 25,488.84 (454.88) 1.920 1.871 N/A N/A 299,58000 298,92000 (660.00) 0600 0602 N/A AAA 60,307.47 0.16 60,710.32 60,710.16 2.482 2.466 N/A N/A 131,271.51 35,727.47 41,909 56 133,259,52 130,45820 (80132) 2349 2323 N/A N/A 36274.00 36,480.96 206.96 1.500 1.469 N/A N/A 42640.87 4298203 34116 2000 1.950 N/A N/A 356 Page 9 01135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Account for quarter ended September 30, 2021 Aceoatit Identifier Security Type Cateeory ase et Total Final Current Fs:- Next Call Base Market Unrealized S&P Moody Maturity iSte Value 'i nal Cost Date Value Gain/Loss Coupon Yield Retina Reline 256350023 256350023 256350023 256350023 256350023 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 ABB TOLL BDS 20136&8 RSV 256350023 RCTC 2013 A. TOLL BDS 2013A. RSV 256350023 RCTC 2013 A&B TOLL BDS 20133&0 RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013 ABB TOLL 00520130&1 RSV 256350023 RCTC 2013 A. TOLL BDS 20130&8 RSV 256350023 RCTC 2013 ABB TOLL BDS 20133&8 RSV 256350023 RCTC 2013 A. TOLL 80520136&8 RSV 256350023' RCTC 2013A&B TOLL BDS 2013380 RSV 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 256350023 RCTC 2013 ABB TOLL BDS 2013A&B RSV 256350023 RCTC 2013 ABB TOLL EDS 2013068 RSV 256350023 RCTC 2013 ABB TOLL 0052013668 RSV 256350023 RCTC 2013A88 TOLL 80520133&8 RSV 256350023 RCTC 2013 A&B TOLL 6652013A&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&13 RSV 256350023 RCTC 2013 ABB TOLL BDS 20136&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013,488 RSV 256350023 RCTC 2013 A&B TOLL BDS 20133&0 RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 ABB TOLL 00520133&B RSV 256350023 RCTC 2013 A&B TOLL 80520133&8 RSV 256350023 RCTC 2013 A&B TOLL 805 2013A&B RSV 256350023 RCTC 2013 ABB TOLL 80520133&0 RSV 256350023' RCTC 2013A&B TOLL 80520134&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013668 RSV 256350023 RCTC 2013 A8B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 ABB TOLL 8052013368 RSV 256350023 RCTC 2013 ABB TOLL BDS 20133&B RSV 256350023 RCTC 2013388 TOLL 80520133&B RSV 256350023 RCTC 2013 A&B TOLL 90S2013A&B RSV 256350023 RCTC 2013 A&B TOLL 80520133&B RSV 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 256350023 RCTC 2013 ABB TOLL BDS 2013A. RSV 256350023 RCTC 2013 6&B TOLL 00520136&8 RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013 ABB TOLL BDS 2013A&B RSV 256350023 RCTC 2013388 TOLL 8052013368 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 308 TOLL BDS 2013388 RSV 256350023 RCTC 2013 A&B TOLL 8052013368 RSV 256350023 RCTC 2013 A. TOLL 80520133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013A&B TOLL BD52013A&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&13 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&0 RSV 256350023 RCTC 2013 A&B TOLL 00520133&13 RSV 256350023 RCTC 2013 A&B TOLL B. 20133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013608 TOLL 0052013380 RSV 256350023 RCTC 2013 A&B TOLL 83520133&8 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013A&B TOLL 00520133&0 RSV 256350023 RCTC 2013 A&B TOLL 00520133&13 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013 ABB TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A. RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 ABB TOLL BDS 20133&8 RSV 256350023 RCTC 2013 A&B TOLL BDS 2013388 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A. TOLL 005 20133&B RSV 256350023 RCTC 2013388 TOLL BDS 2013A&B RSV 256350023 RCTC 2013 AM TOLL BDS 2013A. RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013 308 TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL 8052013388 RSV 256350023 RCTC 2013 A&B TOLL 80520133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013A&B TOLL 00520133&0 RSV 256350023 RCTC 2013 A&B TOLL 00520133&13 RSV 256350023 RCTC 2013 AM TOLL B. 20133&B RSV 256350023 RCTC 2013 A&B TOLL 00520133&B RSV 256350023 RCTC 2013A88 TOLL BDS 2013A&B RSV 256350023 RCTC 2013 AM TOLL BDS 2013A. RSV 256350023 RCTC 2013 MB TOLL B. 20133&B RSV RCTC 2013 A&B TOLL BDS 2013A&8 RSV RCTC 2013 A&8 TOLL 8D5 2013388 RSV RCTC 2013 ABB TOLL BDS 2013388 RSV RCTC 2013 ABB TOLL 805 20133&B RSV RCTC 2013 388 TOLL 805 2013*&B RSV 313600734 3136ADFF1 3136A0ZA0 3136/1E784 3136AHAE0 3136AQZK9 3137A0311 3137ATRW4 3137438E3 3137AWQ63 3137AXHP1 3137AYSH5 3137B1BSO 313781075 3137B1UG5 31371331084 3137B5A60 3137860E5 3137B9RN7 313783071 3137BLAC2 3137E131887 3137BVZ74 313783867 3137F4CY6 313784041 3137FBAB2 3137E18,35 3137FM066 313715602 3137FPJF3 3137E0347 3137FWHY9 313783485 3138EJPZ5 3138EKXL4 3138ENQD4 3138E01133 3138ETQP4 3138LFGP7 31381/7E435 314036E116 US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U5 TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS R AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U5 TREAS & AGENCY OBLIGATIONS 06 TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS FNMA GTD RE M IC PASS THRU FNMA GTDREM1C PASS THRU FNMASIORE MI C PASS THRU FN MAGTDREMICPASSTHRU FNMA GTD REMIC PASS THRU FNMA GILD REMIC PASS THRU F H L M C MULTICLASS MIS PARTN 182 M C MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTS F H L M C MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN 811 L M C MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN 84 L MC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN F H L M C MULTICLASS MTG PARTN 64_47. F H L M C MULTICLASS MTG PARTN FH L M C MULTICLASS MTG PARTN 1142 M C MULTICLASS MIS PARTN F H L M C MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FNMA PARTN CERT FNMA PARTN CERT CM 0 SER 2013 M6 CL 2A C MOSER 201336 CL KC CM 05ER 201327 CL KA CM DSER 201370 CL 02 CM 0 SER 2013 M14 CL APT C M DSER 201589 CLKE C M061840390200 C M O SER K020 CL A2 C M 0 SER K021 CL A2 C M O SER 8023 CLAI C M0 SER K024 CL A2 C M 05ER4165 CLTE C M 0 SER K026 CL A2 C M 0 SER K S01 CL A2 C M0 SERK027 CL A2 C M0SER K031 CL Al C M 0 SER 4257 CL EK CM OSER4272CLYG CMOSER4328 CLEA C M O SER KPLB CL A C MOSE811048 CLA2 C M DSER K050 CLA1 C M 0 SIB K063 CL 01 C MO SER 2726 CL A2 C M 0 SER KBX1 CL Al CM O SER K074 CL A2 CMO SER KIR3 CL Al C M0SER KIR3 CL A2 C M 0 SER KJ24. CL Al C M 0 SER K095 CL Al 11/25/2028 08/01/2019 130379.69 132,39642 C M 0 SER K099 CL AI 06/25/2029 10/01/2019 178,080.06 178,743.43 C M 0 SER 8101 CL Al 07/25/2029 11/01/2019 178,812 54 178,864 32 C M 0 SER 2020 P003 CL Al 09/25/2030 09/01/2020 188,584.16 187,641.23 CMOSERS015 CLA 08/26/2024 05/07/2021 238,76586 23883176 POOL #AL2239 07/01/2022 08/01/2012 46320.83 46,745.42 POOL #323382 03/01/2023 03/01/2013 160,439 53 160,390.99 POOL #AL5851 10/01/2029 09/01/2014 23,855.07 25,389.69 80024327688 11/01/2030 11/01/2015 51,54446 54,835.23 POOL #328561 06/01/2031 05/01/2016 73,403.96 78,659.75 POOL #3122305 10/01/2028 10/01/2016 270,681 30 278,16367 121 POOL 2.9860 05/01/2030 04/01/2015 80,28270 33,]9].30 POOL 4431978 10/01/2032 10/01/2017 77,58953 8131598 POOL 4433956 12/01/2032 05/01/2018 51544.68 58,859.59 POOL 44M6007 06/01/2049 05/31/2019 39,18271 40,66732 P002 #FM1155 06/01/2032 06/01/2019 125266.62 131354.33 POOL #FM3936 08/01/2035 07/01/2020 11528588 120]0835 POOL #FM6017 02/01/2035 02/01/2021 170,77263 18177328 POOL #MA0293 01/01/2030 12/01/2009 71,300.03 36,937.41 P002 #MA2803 11/01/2031 10/01/2016 184,734 52 193,350.91 POOL 4334074 06/01/2035 06/01/2020 175 73735 18136499 POOL #MA4226 12/01/2030 12/01/2020 149,89761 155,670.21 POOL 4364273 03/01/2036 02/01/2021 161,095 05 16651104 P002 #M04309 03/01/2031 03/01/2021 244,09004 252309.91 POOL 4778953 03/15/202] 03/01/2012 110 50184 11404466 POOL 4779250 05/15/2027 05/01/2012 34,81067 36,119.21 POOL #MA0138 06/20/2027 06/01/2012 63200.53 64,499.89 POOL 4MA0601 12/20/2027 12/01 /2012 36,779.95 37805.86 0 77 4 POOL 43.602 12/20/2027 12/01/2012 5745468 6988590 POOL 4340756 02/20/2028 02/01/2013 50,04001 5144798 POOL 4M30908 04/20/2028 04/01/2013 105,69702 109 410.95 P002 #MA0909 04/20/202B 04/01/2013 2514269 26,101 12 POOL 4331134 07/20/2028 07/01/2013 118,13534 121419.12 POOL #M41202 08/20/2028 08/01/2013 79,405.21 8186122 POOL 4M42864 06/20/2030 06/01/2015 15,30796 15843 38 POOL 4MA2936 07/20/2030 07/01/2015 61,55953 64,421 05 POOL #334591 09/20/2032 09/01/2017 60,43177 63.563.66 POOL 4005276 01/20/2027 01/01/2012 79,57456 80,585.37 POOL 2005300 02/20/2027 02/01/2012 42,259.18 43,59296 P002 #737941 02/15/2026 02/01/2011 56,90752 58,494.90 POOL 4783735 03/15/2028 07/01/2013 4536391 4594278 C M O SER 2008 47 CL PC 11/16/2037 06/01/2008 11,759.65 11,963 45 1303322010461.5 01/16/2039 01/01/2010 49,10335 13,04289 C M O SER 20106 CL AB 11/20/2039 01/01/2010 20,210.85 20,535.09 77 CMOSER 201015 11 28 10/20/2039 02/01/2010 8985145 75,h45884 CMOSER201011612NE 12/20/2039 09/01/2010 18,41605 18,58522 CM O SER 2011 18 CL PG 08/20/2040 02/01/2011 15,278.60 15,45485 16051820101661168 04/20/2039 12/01/2010 40,717.16 20,141.28 1_201_ 4,80 CMOSER 2011 136 CL GA 05/20/2040 10/01/2011 1258001 12,819]9 1M051820111581116 10/20/2026 12/01/2011 49,46214 50,26522 CMOSER 20135CLJE 07/20/2042 01/01/2013 117,154.06 11143335 1405182012961160 08/20/2027 08/01/2012 47,43213 4808260 474 1309.20134711. 12/20/2040 03/01/2013 19454588 19,21149 1M05182013781065 07/16/2043 05/01/2013 398,302.29 384,548.41 C MOSER 201374 CL AL 12/16/2046 05/01/2013 425,00000 193,42288 C405.201396116 10/16/2041 06/01/2013 17,690 74 16,810.25 1305.2013105110 02/16/2037 07/01/2013 5007348 033 C M 05ER 201371 CL GA 07/20/2041 05/01/2013 59,83173 0.24 C M O SER 2013 116 CL MA 12/16/2041 08/01/2013 65,131 09 62,780.27 C M 05ER 2014166§LLPL-t 05/16/2065 11/01/2014 122,880.09 124,16679 03/25/2023 04/01/2013 04/25/2023 03/01/2013 04/25/2028 03/01/2013 07/25/2028 06/01/2013 04/25/2023 11/01/2013 11/25/2031 11/01/2015 05/15/2027 05/01/2012 05/25/2022 09/01/2012 35,235.64 26,805.55 91,768.16 41,161.98 28,288.13 64295.75 76,361.62 273,063.73 06/25/2022 11/01/2012 147,10458 04/25/2022 12/01/2012 2742fi.01 09/25/2022 01/01/2013 140,0000.00 12/15/2042 02/01/2013 127,77733 11/25/2022 05/01/2013 360,000.00 01/25/2023 05/07/2013 304,12223 01/25/2023 05/01/2013 240,000.00 09/25/2022 08/01/2013 14,03681 10/15/2028 10/01/2013 9,873.78 11/15/2026 11/01/2013 64,67179 65.782_04 12/15/2027 04/01/2014 88,375.37 89,877.46 05/25/2025 06/01/2015 175,000.00 188,024.41 06/25/2025 09/01/2015 37,000.00 40,815.63 01/25/2025 11/01/2015 184,712 39 192,710.56 08/25/2026 03/01/2017 249,906.21 264204.35 04/25/2024 06/01/2017 217321.99 228,73807 09/25/2024 03/01/2018 40100.00 42,250.00 01/25/2028 03/01/2018 3500000 36,71484 08/25/2027 10/01/2017 120,000,00 131714.06 08/25/2027 10/01/2017 200,00000 21159375 05/25/2026 06/01/2019 66,221.20 69,014.47 34,847.70 26,420 22 92,684.25 41,85274 28,445.98 36,174.67 26,92349 92,801.47 42,070 84 1,307.49 VAR 503 27 1.500 117.20 1.250 1.236 N/A N/A 218.10 1 750 1.712 N/A N/A 28,916.98 471.00 VAR 2.577 N/A. N/A 66,10632 77,592.57 100.58 1.500 275,63872 647080 2373 148,659.48 51916.11 2,396 2.371 N/A. N/A 27,51679 449 1583 1578 N/A N/A 142,546.60 457.54 2,753 2.527 N/A AAA 130,06838 (39135) 1750 1.719 N/A N/A 367,599.60 4,238.66 2.510 2,458 N/A _ N/A 308,80875 (222565) 2.522 2484 N/A N/A 245.817.60 (4.519.12) 2.637 2.575 N/A _ N/A 14,19500 2266 2778 2747 N/A AAA 10,18]77 425.05 2.500 2.423 N/A N/A 6573499 (47.05) 2000 1.968 N/A N/A 90,745.60 868.14 2.500 2.435 N/A N/A 18537850 (164591) 2]70 2601 N/A N/A 40,01920 (796.43) VAR 3.036 N/A. N/A 191,96974 (740.82) 2802 2696 N/A N/A 264,343.29 138.94 3.045 2.879 N/A N/A 227,657.33 .(198074) 2905 2977 AAA N/A 42,303.60 53.60 2.920 2'.761 N/A. N/A 39,55280 2,837.96 3600 3.186 N/A N/A 128254.80 (3,45926) 3.038 2.842 N/A. N/A 221,06400 9,47025 3.281 2968 N/A N/A 68487.29 (527.18) 2.283 2,207 N/A N/A 138,442.37 6,04595 2,631 2478 N/A N/A 187,470.22 8,726.79 2.258 2.145 N/A N/A N/A 66,063.94 77,492.02 269,16] 92 56,341.28 2.51230 142,089.06 130,460_01 361360 94 311,03440 25033672 14,1]234 9,762.72 2.549 1,493 N/A N/A N/A N/6 4238 2000 1.945 N/A N/A 1.476 N/A N/A 2351 N/A N/A 314038ME0 US TREAS & AGENCY OBLIGATIONS 3140.3497 US TREAS& AGENCY OBLIGATIONS 3_140X4890 US TREAS & AGENCY OBLIGATIONS 3140X7255 US TREAS&AGENCY OBLIGATIONS 3140X9VK8 US TREAS & AGENCY OBLIGATIONS 3141731.3 US TREAS & AGENCY OBLIGATIONS 31418CDH4 US TREAS& AGENCY OBLIGATIONS 31418DQ4] US TREAS& AGENCY OBLIGATIONS 314180343 US TREAS & AGENCY OBLIGATIONS 314180X40 US TREAS & AGENCY OBLIGATIONS 314180413 US TREAS & AGENCY OBLIGATIONS 36176.21 US TREAS& AGENCY OBLIGATIONS 36176X0138 US TREAS & AGENCY OBLIGATIONS 3617912E82 US TREAS& AGENCY OBLIGATIONS 361793024 US TREAS & AGENCY OBLIGATIONS 36175M532 US TREAS & AGENCY OBLIGATIONS 36179MZV5 US TREAS & AGENCY OBLIGATIONS 36179NAH1 US TREAS & AGENCY OBLIGATIONS 3617913 .7 US TREAS & AGENCY OBLIGATIONS 3617. . 36179NHK7 US TREAS &AGENCY OBLIGATIONS 3617958P2 US TREAS & AGENCY OBLIGATIONS 36179.06 US TREAS& AGENCY OBLIGATIONS 3617908M4 US TREAS & AGENCY OBLIGATIONS 36179TF83 US TREAS& AGENCY OBLIGATIONS 3620212. US TREAS E. AGENCY OBLIGATIONS 362028387 US TREAS & AGENCY OBLIGATIONS 3620ARZE4 US TREAS& AGENCY OBLIGATIONS 3 5 2232 610 US TREAS& AGENCY OBLIGATIONS 3837581M4 US TREAS & AGENCY OBLIGATIONS 383761.1 US TREAS& AGENCY OBLIGATIONS 183761149 US TREAS& AGENCY OBLIGATIONS 38376WA62 US TREAS& AGENCY OBLIGATIONS 383772817 US TREAS & AGENCY OBLIGATIONS 383770.19 US TREAS & AGENCY OBLIGATIONS 38377RVK8 US TREAS & AGENCY OBLIGATIONS 38377YTL4 US TREAS& AGENCY OBLIGATIONS 383783490 US TREAS & AGENCY OBLIGATIONS 383788888 US TREAS & AGENCY OBLIGATIONS 38378HAU0 US TREAS & AGENCY OBLIGATIONS 383782/D7 US TREAS& AGENCY OBLIGATIONS 383786850 US TREAS & AGENCY OBLIGATIONS 38378KS14 US TREAS & AGENCY OBLIGATIONS 383786w56 US TREAS & AGENCY OBLIGATIONS 38378KXW4 US TREAS& AGENCY OBLIGATIONS 38378TAF7 US TREAS & AGENCY OBLIGATIONS 383780145 US TREAS & AGENCY OBLIGATIONS 383704P62 US TREAS & AGENCY 582156TION5 FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT UMBS F N '14' A PA CERT N M A PARTNRTN CERT UMBS FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT FNMA PARTN CERT UMBS FNMA /ARMCERT UMBS _ F N M A PARTN CERT UMBS FNMA PARTN CERT UMBS GNMA PASS THRU CERT GN MAPARTN CERT GNMA II PARTN CERT GNMA II PASS THRU CERT G NMA II PASS THRU CERT GNMA 11 PASS THRU CERT GNMA I PASS THRU CERT GNMA II PASS THRU CERT GNMA II PARTN CERT GN M A II PARTN CERT GNMA II PASS THRU CERT GNMAIIPARTN CERT GNMA II PARTN CERT GNMA 11 PASS THRU CERT GNMA II PASS THRU CERT GNMA PARTN CERT G N MA PARTN CERT GN MA STD REM I C PASS THRU GNM A GTO REM IC PASS THRU GNMAGTDREMICPASSTHRU GNMA GTO REM IC PASS THRU _GNMAGTDREMICPASSTHRU _GNM A GTO REM IC PASS THRU GNMAGTDREMICPASSTHRU GNMA GTC REM IC PASS THRU GNMAGTDREMICPASSTHRU _ GNMAGTORE M IC PASS THRU GNMAGTDREMICPASSTHRU GNMAGTDREMICPASSTHRU GNMAGTDREMICPASSTHRU _GNM A GTORE MIC PASS THRU GNMAGTDREMICPASSTHRU GNMAGTDREMICPASSTHRU GNMAGTDREMICPASSTHRU _GNMAGTDREMICPASSTHRU GNMAGTDREMICPASSTHRU 187,563.63 8,59931 2190 2088 N/A 182019.55 15,621.68) 0.826 0.856 N/A N/A 238,78019 (5157) VAR 0.254 N/A N/A 46,632.57 (112.85) 3.023 2.944 N/A N/A 162,54129 2,147.02 2355 2.295 N/A N/A 21755.36 365.67 3.500 3.242 N/A. N/A 5551287 67764 3.500 3.250 79,628.60 968.85 3.500 3.226 N/A N/A 288,605.82 10,44215 2.550 2392 N/A N/A 84302.45 50514 2.500 2.381 N/A N/A 82,83846 91848 3000 2810 N/A N/A 58,886.80 2720 3.000 2830 N/A N/A 39,74420 (923.12) VAR 2559 N/A N/A 130,63931 (715.02) 2500 2397 N/A N/A 120,56021 (148 14) 2500 2391 N/A N/A 179,50423 (2269.05) 3.000 2.854 N/A N/A 77,78905 40,54745 4.500 4125 N/A N/A 193,27110 (79 31) 2500 2390 N/A N/A 181,13600 (224.91) 2000 1940 N/A N/A 154,50246 (116775) 2000 1.940 N/A N/A 16504389 (467.15) 2000 1.940 N/A N/A 251,58849 (723.89) 2000 1.940 N/A N/A 116,29341 224875 3000 2853 N/A N/A 36,50342 48421 3.000 .2853 N/A N/A 65,22864 72875 2.500 .2422 N/A N/A 37,96095 15509 2.500 2422 N/A N/A 7091443 1,028.53 3000 2854 N/A N/A 5213619 68821 2.500 .2.399 N/A N/A 10909835 (312.60) 2.500 2.422 N/A N/A 26,434.27 333.15 3.000 2853 N/A N/A 124,20858 2,789.56 3000 2853 82737.05 _ 87132 2.500 2.399 N/A N/A 1614393 30055 3.000 2.845 N/A N/A 65970.89 1,54984 9.500 3.266 N/A N/A 54,76358 119992 3500 3266 N/A N/A 83,643 21 3,05328 3.000 2854 40/4 N/A 44.,420.31 82735 3000 2854 N/A N/A 59,82062 1,32572 3.000 2854 N/A N/A 47,25058 317.80 2.500 2400 N/A N/A 11,89689 (66.56) 5000 4.942 N/A N/A 50,91084 37,844.16 3000 .2893 N/A N/A 21,11003 57494 3.000 2872 N/A N/A 9485685 1975275 4000 3.789 N/A N/A 18,53336 (5186) 2.500 2.484 N/A N/A 1550852 15377 3.000 2.937 N/A N/A 41,52214 21,380.90 9.000 2942 N/A N/A 12804.15 (15 64) 2000 1981 N/A N/A 5045485 189.63 3.000 2941 N/A N/A 119,80760 4,37421 2000 1.956 N/A N/A 48,20433 11673 1.500 1.476 6/A N/A 1955090 44941 1.500 1484 40/4 N/A 40071500 16,167.59 2388 .2374 N/A N/A 433,44475 240,02187 VAR 2558 N/A N/A 17729 48 919.23 1_400 1.397 N/A N/A _._ 5034037 5034004 1705 1636 N/A N/A 51,55488 61,554.64 2500 2430 N/A N/A 55,94208 4,05181 2250 2192 N/A N/A 126,10692 1,940.13 VAR 2936 N/A N/A Page 10 04135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio by Account for quarter ended September 30, 2021 Account Identifier Security TsBe Cateuory Final CurrentFa Maturile Tune't800 Value Next Call Base Market Date Value eY't Total Unrealized Gain/Loss Caution Yield S&P Mood) Raline It a l in_, 256350023 RCTC 2013 A86 TOLL 605 201358 256350023 RCTC 2013 ABB TOLL BDS 2013AOB RSV 256350023 RCTC 2013 A&B TOLL 7325 2013488 RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RS 256350023 RCTC 2013 A86 TOLL BDS 2013486 256350023 RCTC 2013 A&B TOLL BDS 2013A8B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013482 RSV 9128282F0 256350023 RCTC 2013 A&B TOLL 0052013588 RSV 91262CA 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 91282CAM3 256350023 RCTC 20135&B TOLL OOS 2013A&B RSV '91282CAP6 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 256350023 RCTC 2013 A&B TOLL B05 2013A&B RSV B RSV 38379KDN5 US TREAS & AGENCY OBLIGATIONS GNMA GTD RE MI C PASS THRU 383805234 US TREAS & AGENCY OBLIGATIONS GNMA GTD REMIC PASS THRU 9128285W5 U5 TREAS & AGENCY OBLIGATIONS U S TREASURY V 912828038 U5 TREAS & AGENCY OBLIGATIONS US TREASURY NOTE RSV 912828.143 US TREAS 8 AGENCY OBLIGATIONS U5 TREASURY NOTE 91282133131 US TREAS & AGENCY OBI. IGATIONS U 5 TREASURY NOTE USTREAS & AGENCY OBLIGATIONS USIRFASURY NOTE E1 US TREAS & AGENCY OBLIGATIONS U5 TREASURY NOTE US TREAS 8 AGENCY OBI. IGATIONS U 5 TREASURY NOTE US TREAS & AGENCY OBLIGATIONS U 5 TREASURY NOTE 91282013AB U5 TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE 91282CCG4 U5 TREAS & AGENCY OBLIGATIONS US TREASURY NOTE CMOSER 201529 CLAD 09/15/2055 C M 0 SER 2016147 CL DA 04/20/2046 10/01/2016 INFLATION PROTECTED SECURITY 01/15/2029 01/15/2019 2.250 11/15/2024. 11/15/2024 11/17/2014 1.750 02/28/2022 02/28/2022 03/02/2015 05/15/2025 05/15/2015 03/37/2025 03/31/2020 08/15/2020 02/01/2015 43332.53 63,66279 135,12].50 760,000.00 445000.00 2.125 05/15/2025 0.500 03/31/2025 0.625 08/15/2030' 0.250 09/30/2025 0.125 10/15/2023'. 0.125 12/15/2023 12/15/2023 12/15/2020 0.250 06/15/2024 06/15/2024 06/15/2021 08/15/2030 09/30/2025 09/30/2020 10/15/2023 10/15/2020 375,000.00 1,250,000.00 365000.00 90,000.50 970,000.00 180000.00 525,000.00 17,343,338.03 42,22554 64,308.40 142.099 44 770.12722 450,006.25 1,278,848.54 362,88924 87,148.83 957,882.03 374,077.15 179.444.53 522.662.11 17,093,007.80 4504546 2819.92 VAR 2.368 N/A 66,07943 1,771.03 3.000 2.890 N/A 156,119.56 11700.29 0.875 0 735 799,930.40 29,803.08 2.250 2:138 448,128.35 (1,87790) 1750 1.738 1,313,675.00 36202.09 2.125 2.022 N/A N/A N/A N/A AAA AAA N/A AAA N/4 AAA 362974.25 8441 0500 0.503 N/A AAA _ . . _. . 83,724.30 (3,424.53) 0,625 0 67 N/A 949203.20 /8,678.83) 0.250 0.255 N/A AAA 373,653.75 (423.40) 0.125 0.125 N/A AAA N/A 522086.25 (575 86) 0.250 0.251 N/A 179,155.80 (288.73) 0.125 0.126 17,880,083.12 699,769.61 AAA AAA 358 Page 11 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account 'transaction Dat• • i`•"• ` ettlement Date CUSII' 07/01/2021 3137AUPE3 Description PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.396% 6/25/22 -2416.9900 0.0000 Price D.000000 0.000000 Net Cash Amount 2,416.99 0.00 1.75 Feder,,I Tax Cost Short Amount Gain/Loss -2,434.97 -285.25 0.00 Term Amount 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Gain/Loss Amount -17.98 0.00 0.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/01/2021 06/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/01/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.396% 6/25/22 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/01/2021 31846Y401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 6/30/2021 INTEREST FROM 6/1/21 TO 6/30/21 0.0000 0.000000 256350018 RCTC 2013 AN TOLL BDS SUB RSV FD 07/01/2021 07/01/2021 912828638 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 2.250%11/15/24 0.0000 0.000000 -1,005.77 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/01/2021 07/01/2021 912828ZF0 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.500% 3/31/25 0.0000 0.000000 -395.90 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/13/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,726.78 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/13/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2,726.78 0.00 0.00 0.00 2 563 5001 8 RCTC 2013 488 TOLL BDS SUB RSV FD 07/13/2021 3137EADB2 INTEREST EARNED ON F H L M C M T N 2.375% 1/13/22 $1 PV ON 350000.0000 SHARES DUE 7/13/2021 0.0000 0.000000 4,156.25 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/13/2021 91282859/6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 494.40 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 494.40 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 07/13/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 123.60 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 12.3.60 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 00000 0000000. 3,278.73 0.00 0.00: 0:00 256350018 RCTC 2013 A&B TOLL 800 SUB RSV FD 07/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,278.73 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3128MENS6. AMORTIZED PREMIUM ON F H L M C G0515601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 ;0:000000 0.00 -33.17 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3128MENS6 INTEREST EARNED ON F H L M C GD G15601 2.500% 1/01/29 $1 PV ON 75.3800 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 75.38 0.00 0.00 0.00 256+350018! RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3128MENS6 PAID DOWN PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 JUNE FHLMC DUE 7/15/21 -1,086.40001 0:0009/0 1,08E40 -1,127.65 -41.25 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD G18571 2.500% 10/01/30 JUNE FHLMC DUE 7/15/21 -3,782.3300 0.000000 3,782.33 -3,946.42 -164.09. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD G18571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -102.82 0.00 0,00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3128MMT52 INTEREST EARNED ON F H L M C GD 018571 2.500% 10/01/30 $1 PV ON 241.1200 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 241.12 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL 830 508 RSV FD 07/15/2021. 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -74.58 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 210.2200 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 21022 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C M018586 2.500% 2/01/31 JUNE FHLMC DUE 7/15/21 -3,136.9400 00009/0. 3,136.94 -3,253.54 0.00 -116:60 256350018 RCTC 2013 An TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 313075P40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 JUNE FHLMC DUE 7/15/21 -5,747.9100 0.000000 5,747.91 -6,124.50 -376.59 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/15/2021 313075P40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000%. 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -293.30 0.00 0.00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 07/15/2021 31507NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 506.6000 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 506.60 0.00 0.00 0.00 256350018 RCTC 20134&B TOLL BDS 508 RSV FI3 07/15/2021 3137400E1 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 1.5000 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -51:52 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 120.0800 SHARES DUE 7/15/2021 $0.00125/PV ON 96,062.74 PV DUE 7/15/21 0.0000 0.000000 120.08 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500%. 5/15/27 -2596 4600 0,0009/0: 2,596.46 -2637.68 -41.22: 0:00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/15/2021 3137AYSH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 $1 PV ON 71.0200 SHARES DUE 7/15/2021 $0.00146/PV ON 48,700.78 PV DUE 7/15/21 0.0000 0.000000 71.02 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FO 07/15/2021 31374901-15 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 00000 0.000000 000 -17.30 0.00. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3137AYSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -1,154.3300 0.000000 1,154.33 -1,179.75 -25.42 0.00 256350018 RCTC 2013 A&B TOLL BDS 505 RSV FD 07/15/2021 3137545W2 INTEREST EARNED ON F H L M C MLTCL MTG 2.750%. 9/15/30 $1 PV ON 134.8500 SHARES DUE 7/15/2021 $0.00229/PV ON 58845.79 PV DUE 7/15/21 0.0000 0.000000 134.85 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137B45W2 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.750% 9/15/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -11.91 0.00 0.00 359 Page 12 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Units -15,307.1700 Price 0.000000 Net Cash Amount 15,307.17 Federal Tax Cost Short Term Amount Gain/Loss Amount -15.438.26 -131.09 0.00 0.00 -1.68 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 Date CUSIP 07/15/2021 3137845W2 Description PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.750% 9115/30 Account Account Transaction Date ' ta. • it e ettlement 256350018 RCTC 2013 A813 TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137B5A60 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 10/15/28 $1 PV ON 21.3100 SHARES DUE 7/15/2021 $0.00208/PV ON 10.227.33 PV DUE 7/15/21 0.0000 0.000000 21.31 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137B5A60 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 2.500% 10/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 313785460 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 10/15/28 -324.5300 0.000000 324.53 -326.45 0.00 -1.92 44.37 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021. 07/15/2021 313786DF5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2000% 11/15/26 -4,270.4000 0.000000 4,270.40 -4,226.03 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137860F5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 $1 PV ON 156.3900 SHARES DUE 7/15/2021 $0.00167/PV ON 93.836.57 PV DUE 7/15/21 0.0000 0.000000 156.39 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 313799897 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -1,690.0000 0.000000 1,690.00 -1,722.54 -32.44 0.00 256350018 RCTC 2013 A&B TOLL 850 SUB RSV FD 07/15/2021 313709RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 90.3800 SHARES DUE 7/15/2021 $0.00208/PV ON 43.384.49 PV DUE 7/15/21 0.0000 0.000000 90.38 0.00 0.00 0.00 _ 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3137B9RN7 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.02 0.00 0.00 256350018 _ RCTC 2013 A&8 TOLL 800 SUB RSV FD 07/15/2021 36176XE21 AMORTIZED PREMIUM ON G N M A #778953 3.000% 3/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -146.25 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 361760E21 INTEREST EARNED ON G N M A #778953 3.000% 3/15/27 $1 PV ON 345.3100 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000. 0.000000 345.31 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 36176XE21 PAID DOWN PAR VALUE OF G N M A #778953 3.000% 3/15/27 JUNE GNMA DUE 7/15/21 -7,722.2900 0.000000 7,722.29 -7,979.05 0.00 -256.76 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 36176XQB8 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 JUNE GNMA DUE 7/15/21 1,4228200 :0:000000 1,422.82 1,687.96. -65.14 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 361760088 AMORTIZED PREMIUM ON G N M A #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -56.24 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 36176XQB8 INTEREST EARNED ON G N M A #779250 3.000% 5/15/27 $1 PV ON 110.4400 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000. 0.000000 110.44 000 0.00: 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD D7/15/2021 07/15/2021 07/15/2021 36178N899 PAID DOWN PAR VALUE OF G N M A #4132764 2500% 8/15/27 JUNE GNMA DUE 7/15/21 -897.5000 0.000000 897.50 -903.45 0.00 -5.95 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 36178N899 AMORTIZED PREMIUM ON G N M A #482764 2.50096 8/15/27 CURRENT YEAR AMORTIZATION 0.0000, 0,000000 0.00 -6.14 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 36178N899 INTEREST EARNED ON G N M A #462764 2.500% 8/15/27 81 PV ON 60.3000 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 60.30 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3620ARB67 PAID DOWN PAR VALUE OF G N M A 0737261 4.000% 5/15/25 JUNE GNMA DUE 7/15/21 4,421:3800 0.000000 4,421.38 -4,482.07 0.00 -60.69 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3620AR867 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -70.92 0.00 0.00 256350018 RCTC 2013 AN TOLL BDS SUB RSV FD 07/15/2021 3620ARB67 INTEREST EARNED ON G N M A 0737261 4.000% 5/15/25 $1 PV ON 349.9900 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 349.99 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 3620ARZE4 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 JUNE GNMA DUE 7/15/21 -3,127.5300 0.000000 3,127.53 -3,221.94 0.00 -94.41 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3620ARZE4 AMORTIZED PREMIUM ON G N M A 0737941 5.000% 2/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000005 0.00 -83.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3620ARZE4 INTEREST EARNED ON G N M A 0737941 3.000% 2/15/26 $1 PV ON 180.4200 SHARES DUE 7/15/2021 JUNE GNMA 0.0000 0.000000 180.42 0.00 0.00 0.00 DUE 7/15/21 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 07/15/2021 362004005 AMORTIZED PREMIUM ON G N M A #748531 4.000% 9/15/25 CURRENT YEAR AMORTIZATION ammo 0.000005 0.00 -32:05' 0.00 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 362004505 INTEREST EARNED ON G N M A #748531 4.000% 9/15/25 $1 PV ON 185.8100 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 185.81 0.00 0.00 0.00 256350018 RCTC 2013: A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 362004005 PAID DOWN PAR VALUE OF G N M A #748531 4.000% 9/15/25 JUNE GNMA DUE 7/15/21 -1,078.5700 0,000000: 1,078.37 -1;094.95 0.00 -16.58 256350018 RCTC 2013 4813 TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/15/2021 362242000 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JUNE GNMA DUE 7/15/21 -2184.1400 0.000000 2184.14 -2,264.57 -80.43 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 3622A2GC0 AMORTIZED PREMIUM ON G N M A 0783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000, 0,000000 0.00 -60.04 0.00 0.00 256350018 RCTC 2013 A80 TOLL BDS SUB RSV FD 07/15/2021 362242000 INTEREST EARNED ON G N M A 5783795 2.500% 3/15/28 81 PV 09 124.7800 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 124.78 0.00 0.00 0.00 256350018. RCTC 2013 A813 TOLL BDS SUB RSV FI) 07/15/2021 362970000 AMORTIZED PREMIUM ON G N M A 6711168 4.500% 2/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 44.22 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/15/2021 362970000 INTEREST EARNED ON G N M A #711168 4.500% 2/15/25 $1 PV ON 196.3900 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 196.39 0.00 0.00 0.00 360 Page 13 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/15/2021 07/15/2021 07/16/2021 07/16/2021 07/16/2021 07/15/2021 07/15/2021 362970CD0 PAID DOWN PAR VALUE OF G N M A #711168 4.500% 2/15/25 JUNE GNMA DUE 7/15/21 -4,123.7000 D.000000 4,123.70 139.32 -936.86 -4.191.23 0.00 0.00 0.00 0.00 0.00 0.00 -67.53 0.00 0.00 256350018 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD RCTC 2013 408 TOLL BDS SUB RSV FD 9128285W6 INTEREST EARNED ON U S TREASURY 1P 0.84873% 1/15/29 $1 PV ON 31843.8000 SHARES DUE 7/15/2021 0.0000 0.000000 38376552E6 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 256350018 2563 50 01 8 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD RCTC 2013 A&B TOLL 850 SUB RSV FD CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 936.86 0.00 0.00 0.00 INTEREST EARNED ON G N M A GTD REMIC 4.000% 7/16/39 $1 PV ON 228 8800 SHARES DUE 7/16/2021 $0.00333/PV ON 68.665.32 PV DUE 7/16/21 0.0000 0.000000 228.88 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/16/2021 38376V2E6 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 7/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.80 0.00 0.00 -2-56350018 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/16/2021 07/16/2021 07/16/2021 38376V2E6 PAID DOWN PAR VALUE OF G N M A:GTD REMIC 4.000%. 7/16/39 -2,164.8200 0.000000 2,164.82 2,223.28 0.00 -58.46 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/16/2021 38378KWU9 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 $1 PV ON 13.2100 SHARES DUE 7/16/2021 $0.00117/PV ON 11.325.86 PV DUE 7/16/21 0.0000 0.000000 13.21 0.00 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 07/16/2021 07/16/2021 07/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -156.3300 0.000000 156.33 -149.47 0.00 6.86 256350018 RCTC 2013 A&8 TOLL 800 SUB RSV FD 07/16/2021 07/16/2021 07/16/2021 38379JM99 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 -8,217.2400 0.000000 8,217.24 -8,224.47 -7.23 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/16/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 4000000 0.00 -0.26 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/16/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 30.4500 SHARES DUE 7/16/2021 $0.00208/PV ON 14.614.67 PV DUE 7/16/21 0.0000 0.000000 30.45 0.00 0.00 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 07/16/2021 9128285W6 INTEREST EARNED ON U S TREASURY I P 0,84873% 1/15/29 $1 PV ON 127375.2000 SHARES DUE 7/15/2021 0.0000 0.000000 557.27 0.00 0.00 0.00 256350018 2563 50 01 8 RCTC 2013 AM TOLL BDS SUB RSV FD RCTC 2013 A&B TOLL BDS SUB RSV FD 07/19/2021 07/19/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -32.27 0.00 0.00 0.00 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000: 32.27 0.00. 0.00 5.00 256350018 RCTC 2013 An TOLL BDS SUB RSV FD 07/19/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 7/16/21; 383770E03 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/16/25 $1 PV ON 108489.5500 SHARES DUE 7/16/2021 0.0000 0.000000 4,400.59. 0.00 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 07/19/2021 38377RED3 0.0000, 0:000005 226:02 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,349.76 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,349.76 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A 11 #MA0825 2.500% 3/20/28 P & 1 DUE 07/20/21 -4,054.6400 0.000000 4,054.64 -4,072.42 0.00 -17.78 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 07/20/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I 1 #M40825:2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -78.20 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179M4J6 INTEREST EARNED ON G N M A 1 1 #MA0825 2.500% 3/20/28 $1 PV ON 231.5000 SHARES DUE 7/20/2021 P & 1 DUE 07/20/21 0.0000 0.000000 231.50 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179MEK2 AMORTIZED PREMIUM ON 0 N M A I I #MA0138 2.500% 6/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000005 0.00 -187.98' 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179MEK2 INTEREST EARNED ON G N M A I I #MA0138 2.500% 6/20/27 $1 PV ON 158.4600 SHARES DUE 7/20/2021 P & 1 DUE 07/20/21 0.0000 0.000000 158.46 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A I I #MA0138 2.500% 6/20/27 P & I DUE 07/20/21 -2,445.0600 0.000000 2445.06 -2,507.47 0.00 -62.41 256350018 RCTC 2013 A&B TOLL 850 SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179M824 PAID DOWN PAR VALUE OF G N M A I I #MA0601 2.500% 12/20/27 JUNE GNMA DUE 7/20/21 -1,645.3000 0.000000 1,645.30 -1,693.91 0.00 -48.61 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179MU24 AMORTIZED PREMIUM ON G N M A I I #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -36.11 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/20/2021 36179M024 INTEREST EARNED ON G N M A 11 #MA0601 2.500% 12/20/27 $1 PV ON 91.5900 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 91.59 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179M832 AMORTIZED PREMIUM ON G N M A I I #MA0602 3.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000005 0.00 -88.18 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179MU32 INTEREST EARNED ON G N M A I I #MA0602 3.000% 12/20/27 $1 PV ON 199.6300 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 199.63 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179M832 PAID DOWN PAR VALUE OF G N M A I I #MA0602 3.000% 12/20/27 JUNE GNMA DUE 7/20/21 -2,828.7900 0.000000 2828.79 -2,937.02 0.00 108.23 -45.17 0.00 256350018 RCTC 2013 A&B TOLL 850 SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179MZV5 PAID DOWN PAR VALUE OF G5MA II #MA0756 2.500% 2/20/28 JUNE GNMA DUE 7/20/21 -1,517.3400 0.000000 1,517.34 -1,562.51 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179MZV5 AMORTIZED PREMIUM ON G N M A I I #MA0756 2.500% 2/20/28 CURRENT488A%AMORTIZATION 0.0000 0.000000 0.00 47.78, 0.00 Page 14 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 'I'ransacti i1"• . � . i'." 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 ` ettlemcnt Date ('LSIP Description Lnits 36179MZV5 INTEREST EARNED ON G N M A 1 1 #MA0756 2.500% 2/20/28 0.0000 $1 PV ON 122.9700 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 Price 0.000000 Net Cash Amount 122.97 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NAH1 AMORTIZED PREMIUM ON G N M A II #58509082500% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -138.63 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NAH1 INTEREST EARNED ON 5 N M A I I #MA0908 2.500% 4/20/28 $1 PV ON 288.6600 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 288.66 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07120/2021 07/20/2021 07/20/2021 3617914A61 PAID DOWN PAR VALUE OF G N M A I I #MA0908 2.500% 4/20/28 JUNE GNMA DUE 7/20/21 -4,540.7800 0.000000 4,540.78 -4,709.48 -168.70 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A 11 #MA0909 3.000% 4/20/28 JUNE GNMA DUE 7/20/21 -1,110.4800 0.000000 1,110.48 -1,155.30 0.00 -44.82 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A II #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.59 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NAJ7 INTEREST EARNED ON G N M A 11 #MA0909 3.000% 4/20/28 $1 PV ON 75.1800 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 75.18 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLLBDS SUB RSV FD 07/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A 1 I #5851134 3.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -111.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NHK7 INTEREST EARNED ON 5 N M A I 1 #MA1134 3.000% 7/20/28 $1 PV ON 216.1500 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 216.15 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #MA11343.000% 7/20/28 JUNE GNMA DUE 7/20/21 -2,550.5500 0.000000 2,550.55 -2,671.04 -120.49 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179NKP2 PAID DOWN PAR VALUE OF 5 N M A II #MA1202 2.500% 8/20/28 JUNE GNMA DUE 7/20/21 -2,403.8200 0.000000 2,403.82 -2,483.09 -30.59 -48.68 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A II #MA1202 2.500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -78.25 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179NKP2 INTEREST EARNED ON G N M A 11 #MA1202 2.500% 8/20/28 $1 PV ON 192.8100 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 192.81 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 361199F06 AMORTIZED PREMIUM ON G N M A II #4,152864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -13.54 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179RFD6 INTEREST EARNED ON 0 N M A I 1 #MA2864 3.000% 6/20/30 $1 PV ON 41.8200 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 41.82 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 361798F06 PAID DOWN PAR VALUE OF G N M A I I #MA28643.0005 6/20/30 JUNE GNMA DUE 7/20/21 -446.5200 0.000000 446.52 -462.87 0.00 -16.35 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179RHM4 PAID DOWN PAR VALUE OF G N M A 11 #MA2936 3.500% 7/20/30 JUNE GNMA DUE 7/20/21 -1,925.6300 0.000000 1,925.63 -2019.69 -94.06 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179RHM4 AMORTIZED PREMIUM ON G N M A II #MA2936 3.500% 7/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -90.82 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179RHM4 INTEREST EARNED ON G N M A I I #MA2936 3.500% 7/20/30 $1 PV ON 225.1200 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 225.12 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLLBDS SUB RSV FD 07/20/2021 36179TF83 AMORTIZED PREMIUM ON G N M A II #4,154691 3.500% 9/20/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -85.21 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36179TF83 INTEREST EARNED ON G N M A I 1 #MA4691 3.500% 9/20/32 $1 PV ON 221.0100 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 221.01 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36179TF83 PAID DOWN PAR VALUE OF G N M A I I #MA4691 3.500% 9/20/32 JUNE GNMA DUE 7/20/21 -2,996.1100 0.000000 2,996.11 -3,157.97 -161.86 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A 11 #005276 3.000% 1/20/27 P & I DUE 07/20/21 -3,395.9700 0.000000 3,395.97 -3,445.10 0.00 -49.13 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A I I #005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0.00 -54.08 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36202F2H8 INTEREST EARNED ON G N M A II #005276 3.000% 1/20/27 $1 PV ON 291.1200 SHARES DUE 7/20/2021 P & I DUE 07/20/21 0.0000 0.000000 291.12 0.00 0.00 0.00 256350018 RCTC 2013A&B TOLLBDS SUB RSV FD 07/20/2021 36202FOH2 AMORTIZED PREMIUM ON G N M A II #005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00. -84.44 0.00 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 36202F3H7 INTEREST EARNED ON G N M A 110005300 3.000% 2/20/27 $1 PV ON 168.8600 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 168.86 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 36202F3H7 PAID DOWN PAR VALUE OF G N M A I I #005300 3.000% 2/20/27 JUNE GNMA DUE 7/20/21 -2,181.1200 0.000000 2,181.12 -2,263.92 -82.80 0.00 256350018 RCTC 2013 560 TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 383767779 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 11/20/39 -786.3400 0.000000 786.34 -799.41 0.00 -13.07 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 383767779 INTEREST EARNED ON G N M A GTD REMIC 3.000% 11/20/39 $1 PV ON 60.6700 SHARES DUE. 7/20/2021 S0.00250/PV ON 24,267.42 PV DUE 7/20/21 0.0000 0000000 60.67 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 383767779 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 0.000000 0.00 -6.77 0.00 0.00 11/20/39 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38376WA62 PAID DOWN PAR VALUE OF 0 N M A 010 REMIC 4.000%. 10/20/39 -1876.8300-. 0,000000. 1,876.83 -1;941.36 0.00 -64:53 362 Page 15 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION Source Account Account 'I'ransacti i1"• . � . I'." 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 ` ettlement hate C'USII' Description C nits 38376W062 INTEREST EARNED ON G N M A GTD REMIC 4.000% 0.0000 10/20/39 $1 PV ON 184.2400 SHARES DUE 7/20/2021 $0.00333/PV ON 55,272.78 PV DUE 7/20/21 Price 0.000000 Net Cash Amount 184.24 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 07/20/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38376WA62 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 4.000% 10/20/39 CURRENT YEAR AMORTIZATION 0.0000. 0.000000. 0.00 -31.16 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 $1 PV ON 76-3500 SHARES DUE 7/20/2021 S0.00208/PV ON 36.650.04 PV DUE 7/20/21 0.0000 0.000000 76.35 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/23/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -5.96 0.00 0.00 256350018 RCTC 2013 A00 TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38377LFC7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 12/20/39 -5,786.5400 0.000000 5,786.54 -5,841.63 -55.09 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 8/20/40 -1,520.0300 0.000000 1,520.03 -1,538.18 0.00. -18,15 256350018 RCTC 2013 A50 TOLL BDS SUB RSV FD 07/20/2021 3837705H9 INTEREST EARNED ON G N M A GTD REMIC 3,000% 8/20/40 $1 PV ON 51.3300 SHARES DUE 7/20/2021 $0.00250/PV ON 20,530.20 PV DUE 7/20/21 0.0000 0.000000 51.33 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38377QKH9 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 3.000% 8/20/40 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -4.01 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38377RVK8 INTEREST EARNED ON 0 N M A GTD REMIC 3.000% 4/20/39 $1 PV ON 145.8800 SHARES DUE 7/20/2021 S0.00250/PV ON 58,351.17 PV DUE 7/20/21 0.0000 0.000000 145.88 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38377RVK8 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 4/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.65 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 383770V58 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/39 -2683.4300 0.000000 2683.43 -2,738.59 -55.16 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38377YTL4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.000% 5/20/40 -3,171.4600 0.000000 3,171.46 -3,132.81 0.00 38.65 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38377YTL4 INTEREST EARNED ON G N M A GTD REMIC 2,000% 5/20/40 $1 PV ON 97.7100 SHARES DUE 7/20/2021 $0.00167/PV ON 58,628.56 PV DUE 7/20/21 0.0000 0.000000 97.71 0.00 0.00 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 07/20/2021 38378A590 INTEREST EARNED ON G N M A GTD REMIC 3.000% 10/20/26 $1 PV ON 164.4700 SHARES DUE 7/20/2021 $0.00250/PV ON 65,788.28 PV DUE 7/20/21 0.0000 0.000000. 164.47 0.00 0.00 0.00 2 563 50 01 8 RCTC 2013 A50 TOLL BDS SUB RSV FD 07/20/2021 383780090 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -41.06 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 383780090 PAID DOWN PAR VALUE OF G N M A 01'0 REMIC 3.000% 10/20/26 -4,194.0200 0.000000 4,194.02 -4,267.33 0.00 -73.31 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38378FRB8 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 2.000% 7/20/42 -3,512.0100 0.000000 3,512.01 -3,460.43 0.00 51.58 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38378E088 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20/42 31 PV ON 223.7400 SHARES DUE. 7/20/2021 $0.00167/PV ON 134,243.10 PV DUE 7/20/21 0.0000 0.000000 223.74 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -30,10 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 77.8800 SHARES DUE 7/20/2021 $0.00125/PV ON 62300.84 PV DUE 7/20/21 n0000 0.000000. 77.88. 0.00'. 0.00 0.00 256350018 256350018 RCTC 2013 A50 TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38378HAU0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 8/20/27 -1,943.6300 0.000000 1,943.63 -1,972.36 -28.73 0.00 RCTC 2013 AO TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38378JZD7 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 1.500% 12/20/40 -927.7500 .0.000030 927.75 -916.15 0.00 11.60 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 07/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 29.2700 SHARES DUE 7/20/2021 $0.00125/PV ON 23,412.31 PV DUE 7/20/21 0.0000 0.000000 29.27 0.00 0.00 0.00 256350018. RCTC 2013 A58 TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 3837870F7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500%. 7/20/41 -2639.2100 0 Q0,9U00, 2,63921 2,642.36, 0.00 3;15 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/20/2021 38378TAF7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 7/20/41 $1 PV ON 148.7300 SHARES DUE 7/20/2021 $0.00208/PV ON 71,388.24 PV DUE 7/20/21 0.0000 0,000000 148.73 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL. BDS SUB RSV FD 07/20/2021 38378TAF7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 7/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1,40 0.00 0:00 2 563 5001 8 RCTC 2013 060 TOLL BDS SUB RSV FD 07/20/2021 38378WUY7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 6/20/41 $1 PV ON 19.6700 SHARES DUE 7/20/2021 $0.00208/PV ON 9,441.07 PV DUE 7/20/21 0.0000 0.000000 19.67 0.00 0.00 0.00 256350018 RCTC 2013 050 TOLL BDS SUB RSV FD 07/20/2021 38378WUY7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 6/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.17 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/20/2021 07/20/2021 07/20/2021 38378WUY7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 6/20/41 -6,731.3400 0.000000 5,731.34 -6,737.89 0.00 -6.55 256350018, RCTC 2013 A&B TOLL BDS SUB RSV FD 07/21/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS n0000 0.000000 -681.08 D.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/21/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME 0.0000 0.000000 681.08 0.00 0.00 0.00 EARNINGS 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000. -22892.06 0.00 0.00 0:00 363 Page 16 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ht. •'la e ettlement Date CUS11' Description CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS Units 0.0000 Price 0.000000 Net Cash .Amount 22,892.06 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 -60.86 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 0.00 Accounl Account 't rausaction bate ' 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3131X83H7 PAID DOWN PAR VALUE OF F H L M C #2K5300 2.500% 4/01/28 JUNE FHLMC DUE 7/25/21 -1,547.3800 0.000000 1,547,38 -1,608.24 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3131X83H7 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -37.84 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3131X8307 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 $1 PV ON 74.6300 SHARES DUE7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 74.63 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3132A0551 PAID DOWN PAR VALUE OF F H L M C #ZS8063 2.500% 9/01/32 JUNE FHLMC DUE 7/25/21 -4,941.1900 0.000000 4,941.19 -5,162.01 -220.82 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132A85151 AMORTIZED PREMIUM ON F H L M 0 #Z08063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -159.43 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132A8551 INTEREST EARNED ON F H L M C #ZS8063 2.500% 9/01/32 $1 PV ON 425.9900 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 425.99 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3132A8GL7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 JUNE FHLMC DUE 7/25/21 -2,525.0500 0.000000 2,525.05 -2,680.64 -155.59 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132480L7 AMORTIZED PREMIUM ON F H L M C #207403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -119.97 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132A8GL7 INTEREST EARNED ON F H L M C #ZS7403 3.000% 5/01/31 $1 PV ON 236.4000 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 236.40 0.00 0:00:. OM 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/2512021 07/26/2021 3132A9T64 PAID DOWN PAR VALUE OF F H L M C #ZS8673 3.000% 10/01/32 JUNE FHLMC DUE 7/25/21 -5,148.1900 0.000000 5,148.19 -5,375.83 -227.64 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021'. 3132091644 AMORTIZED PREMIUM ON F H L M C #Z08673 3000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -107.45 000' 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132A9T64 INTEREST EARNED ON F H L M C #ZS8673 3.000% 10/01/32 $1 PV ON 328.7700 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7125/21 0.0000 0.000000 328.77 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/20211 07/25/2021. 07/26/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500% 1/01/33 JUNE FHLMC DUE 7/25/21 -4,242.6000 0.000000. 4,24240 -4576.87 -334.27 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500%: 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -256.21 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEF68. INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 461.9100 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0,500000 461;91 0.00 0:00:, 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/2512021 07/26/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% 11/01/30 JUNE FHLMC DUE 7/25/21 -10,569.6500 0.000000 10,569.65 -11,226.82. -657.17 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M 0 #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000:. 0000000 0.00' -584.44 0.00' 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 1164.9800 SHARES DUE 7/25/2021 JUNE. FHLMC DUE 7/25/21 0.0000 0.000000 1,164.98 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3132AEFK7 PAID DOWN PAR VALUE OF F H L M C #ZT1970 3.500% 4/01/33 JUNE FHLMC DUE 7/25/21 -2,504.5300 0.000000 2,504.53 -2,699.09 -194.56 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEFK7 AMORTIZED PREMIUM ON F H L M C #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -133.77 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33 $1 PV ON 247.9500 SHARES DUE 7/25/2021 JUNE FHLMC DUE. 7/25/21 0.0000 0.000000 247.95 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3132D9093 PAID DOWN PAR VALUE OF F H L M C #SC0096 3.000% 10/01/40 JUNE FHLMC DUE 7/25/21 -4,752.5300 0.000000 4,752.53 -5,058.24 -305.71 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3152D9093 AMORTIZED PREMIUM ON F H L M C #500096 3.000% 10/01/40 CURRENT YEAR AMORTIZATION 0.0000 0.000.000 0.00 -266.27 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3132D9C93 INTEREST EARNED ON F H L M C #SC0096 3.000% 10/01/40 $1 PV ON 477.0800 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 477.08 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 170.4500 SHARES DUE 7/25/2021 50.00196/P5 ON 87,061.94 PV DUE 7/25/21 0.0000 0.000000 170.45 0.00' 0 o0 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136A7MN9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.08 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTD 6EN11C 2349% 5/25/22 2073500 0.000000 437.15 -207.88'. 0.00 -0.53 2563 50 01 8 RCTC 2013 A&B TOLL 600 SUB RSV FD 07/26/2021 3136A8SX9 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 51 PV ON 58.1100 SHARES DUE 7/25/2021 $0.00125/PV ON 46.48527 PV DUE 7/25/21 0.0000 0.000000 58.11 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/28/0021, 3136A8SX9 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0000000 0.00 -24.58 0.00. 0.00 256350018 RCTC 2013 460 TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 313648509 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -1,904.6800 0.000000 1,904.68 -1,935.83 -31.15 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/2512021: 3136ABNZ2 INTEREST EARNED ON FNMA GTD REMIC 2.000% 11/25/42 $1 PV ON 93.6500 SHARES DUE 7/25/2021 50.00167/P5 ON 56,191.43 PV DUE 7/25/21 0.0000 0.000000 93.65' 0.00' 0.00 0.00 364 Page 17 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD Transaction Date 07/26/2021 07/26/2021 Trade Date 07/25/2021 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSII' Description L nits 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 0.0000 11/25/42 CURRENT YEAR AMORTIZATION Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Term Amount Cain/Luse Amount -18.11 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -2149.6300 0.000000 2149.63 -2188.57 -38.94 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/23 $1 PV ON 47.2600 SHARES DUE 7/25/2021 $0.00125/PV ON 37,805.31 PV DUE 7/25/21 0.0000 0.000000 47.26 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3136ADFF1 PAID DOWN PAR VALUE OF F 5 M A GTD REMIC 1.500% 4/25/23 -3,421.4300 0.000000 3,421.43 -3;372.25 0.00 49.18 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136ADZA0 AMORTIZED PREMIUM ON F 5 M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -38.25 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 124.2800 SHARES DUE 7/25/2021 $0.00104/PV ON 119,304.45 PV DUE 7/25/21 0.0000 0.000000 124.28 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -3,239.9200 0.000000 3,239.92 -3,274.33 -34.41 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1.750% 7/25/28 $1 PV ON 76.1300 SHARES DUE 7/25/2021 50.00146/PV ON 52,201.50 PV DUE 7/25/21 0.0000 0.000000 76.13 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -1,644.9300 0.000000 1,644.93 -1,674.25 -29.32 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -27.18 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136AHAEO INTEREST EARNED ON F N M A GTD REMIC 2623% 4/25/23 $1 PV ON 72.3400 SHARES DUE 7/25/2021 S0.00213/PV ON 33 996.54 PV DUE 7/25/21 0.0000 0.000000 72.34 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136AHAEO AMORTIZED PREMIUM ON F N M A GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.76 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3136AHAEO PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.623% 4/25/23 -55.3500 0.000000 55.35 -55.59 0.00 -0.24 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 _., 07/25/2023 07/26/2021 3136AQZK9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/31 -1,877.0900 0.000000 1.,877.09. -1.,931.30 -54.21 0.00 256350018 256350018 RCTC 2013 A&B TOLL 800 SUB RSV FD 07/26/2021 3136AQZK9 INTEREST EARNED ON F N M A GTD REMIC 2000% 11/25/31 $1 PV ON 135.7200 SHARES DUE 7/25/2021 $0.00167/PV ON 81,434.14 PV DUE 7/25/21 0.0000 0.000000 135.72 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -55.73 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/26/2021 07/26/2021 3137AH6C7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.230% 7/25/21 CMO FINAL PAYDOWN -90,142.6700 0.000000 90,142.67 -90,233.34 0.00 -90.67 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137AH607 INTEREST EARNED ON F H L M C MLTCL MTG 3.230% 7/25/21 $1 PV ON 242.6300 SHARES DUE 7/25/2021 $0.00269/PV ON 90,14267 PV DUE 7/25/21 0.0000 0.000000 242.63 0.00 0.00' 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M 0 MULTICLA 2.373% 5/25/22 -781.2400 0:000000 781.24 -786.48 0.00 -5.24 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 590.9300 SHARES DUE 7/25/2021 $0.00198/PV ON 298,828.19 PV DUE 7/25/21 0.0000 0.000000 590.93 0,0.0 GOO' 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137ATRW4 AMORTIZED PREMIUM ON F H L M 0 MULTICLA 2.373% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -70.57 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137AUPE3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.396% 6/25/22 -44.6'1O,OQ 0.,0 0056. 496.61 4007 1lI'B,8 0.00 -3:57 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137AUPE3 INTEREST EARNED ON F H L M C MLTCL MT 2 396% 6/25/22 $1 PV ON 394.5100 SHARES DUE 7/25/2021 50.00200/PV ON 197.583.01 PV DUE 7/25/21 0.0000 0,000000 394.51 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.396% 6/25/22 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 -48.31 0.00 0.00 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31374W003 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -10,394.1800 0.000000 10,394.18 -10,278.87 0.00 115.31 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137AWQG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 136.4100 SHARES DUE 7/25/2021 50.00132/PV ON 103,404.77 PV DUE 7/25/21 0.0000 0.000000 136.41 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137AXHP1 INTEREST EARNED ON F H L M C MLTCL MT 6.22428% 9/25/22 $1 PV ON 321.6300 SHARES DUE 7/25/2021 $0.00214/PV ON 150,000.00 PV DUE 7/25/21 0.0000 0.000000 321.63 0.00 0.00 0.00 _ 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313781 BSO INTEREST EARNED ON F H L M C MLTCL MT 2.51004% 11/25/22 $1 PV ON 1349.1300 SHARES DUE 7/25/2021 $0.00209/PV ON 645,000.00 PV DUE 7/25/21 0.0000 0.000000 1,349.13 0.00 0.00 0.00 256350018 RCTC 2013 A&8 TOLL 800 SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 313781 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -1,013.0700 0.000000 1,013.07 -1,017.29. 0.00 -4.22 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313781 U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 636.9700 SHARES DUE 7/25/2021 $0.00210/PV ON 303,071.74 PV DUE 7/25/21 0.0000, 0,000000 686.97 0.00'. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313781 U75 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.22404% 1/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.33 0.00 0.00 365 Page 18 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 07/26/2021 313781 UG5 INTEREST EARNED ON F H L M C MLTCL MTG 2.637% 1/25/23 $1 PV ON 439.5000 SHARES DUE 7/25/2021 $0.00220/PV ON 200000.00 PV DUE 7/25/21 0.0000 0.000000 439.50 0.00 0.00 -16.13 0.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -1428.1400 0.000000 1,428.14 -1,444.27 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2778% 9/25/22 $1 PV ON 48.6700 SHARES DUE 7/25/2021 $0.00231/PV ON 21.024.94 PV DUE 7/25/21 0.0000 0.000000 48.67 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137B3NW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.778% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.68 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F13 07/26/2021 07/25/2021 07/26/2021 313767801 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.592% 4/25/23 -6,065.3600 0000000. 6,065.36 -6,179.58 -114.22 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313767801 INTEREST EARNED ON F H L M C MLTCL MTG 2.592% 4/25/23 $1 PV ON 278.8300 SHARES DUE 7/25/2021 $0.00216/PV ON 129,086.28 PV DUE 7/25/21 0.0000 0.000000 278.83 0.00 0.00 0.00 256350018. RCTC. 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313767801 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.592% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -113.59. 0.00. 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31378J571 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 51 PV ON 461.6700 SHARES DUE 7/25/2021 $0.00231/PV ON 200,000.00 PV DUE 7/25/21 0.0000 0.000000 461.67 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31370LAC2 INTEREST EARNED ON F H L M C MLTCL MT 3.28404% 6/25/25 $1 PV ON 410.5000 SHARES DUE7/25/2021 $0.00274/PV ON 150.000.00 PV DUE 7/25/21 0.0000 0.000000. 410.50 0.00 0.00 0-00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -4,811.0000 0.000000 4,811.00 -5,029.92 -218.92 0.00 256350018 RCTC 2013 A&B TOLL BDS SU8 RSV FD 0726/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 535.6200 SHARES DUE 7/25/2021 $0.00234/PV ON 229.386.71 PV DUE 7/25/21 0.0000 0.000000 535.62 0.00 0.00 0100 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -244.65 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137BM6P6 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3,090% 8/25/22 -6,774.1400 0.000000 6,774.14 -6,925.45 0.00 -151.31 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BM6P6 INTEREST EARNED ON F H L M C MLTCL MT 3.090% 8/25/22 $1 PV ON 565.0900 SHARES DUE 7/25/2021 $0.00286/PV ON 197875.32 PV DUE 7/25/21 0.0000 0.000000 565.09 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137EM6P6. AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.090% 8/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -140.46 0.00 0.00 256350018 RCTC 2013 A&B TOLL 800 SUB RSV FD 07/26/2021 3137BP4K2 INTEREST EARNED ON F H L M C MLTCL MTG 2.849% 3/25/26 $1 PV ON 474.8400 SHARES DUE 7/25/2021 $0.00237/PV ON 200,000.00 PV DUE 7/25/21 0.0000 0.000000 474.84 0.00 0.00 0.00 256350018 ROTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 _ 07/26/2021 3137BSR28 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2838% 9/25/22 -6,128.9100 0.000000 6,128.91 -6,174.10'. 0.00 -45.19 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BSRZ8 INTEREST EARNED ON F H L M C MLTCL MTG 2.838% 9/25/22 $1 PV ON 227.8200 SHARES DUE 7/25/2021 $0.00412/PV ON 55.252.60 PV DUE 7/25/21 0.0000 0.000000 227.82 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2*1 3137800Z8 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.838% 9/25/22 CURRENT YEAR AMORTIZATION 00800 .0.000000 0.00 -27.71 0.00 0,00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137BVZ74 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG .3.045% 8/25/26 -1,802.2200 0:000000 1,802.22 -1,908.88 0.00 -106.66 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BVZ74 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 753.8100 SHARES DUE 7/25/2021 $0.00254/PV ON 297,066.63 PV DUE 7/25/21 0.0000 0.000000 153:81 0:0.0 000 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -282.96 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137130PQ7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 -246-9300 O b'. 2'4553. 48'6554186 A' 4, -' 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137BYP07 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 543.9800 SHARES DUE 7/25/2021 $0.00242/PV ON 224.709.13 PV DUE 7/25/21 0.0000 0.000000 543.98 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD Or9AMM 3137BYPQ7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 400 000'. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137F4CY6 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 462.3300 SHARES DUE 7/25/2021 $0.00243/PV ON 190.000.00 PV DUE 7/25/21 0.0000 0.000000 462,33 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137F4041 INTEREST EARNED ON F H L M C MLTCL MT 0.24996% 1/25/28 $1 PV ON 450.0000 SHARES DUE 7/25/2021 $0.00300/PV ON 150,000.00 PV DUE 7/25/21 0.0000 0.000000. 450.00 0.00 0.00 0.00 2 563 50 01 8 RCTC 2013 A00 TOLL BDS SUB RSV FD 07/26/2021 3137FBAB2 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 51 PV ON 329.1200 SHARES DUE 7/25/2021 $0.00253/PV ON 130,000.00 PV DUE 7/25/21 0.0000 0.000000 329.12 0.00 0.00 0.00 256350018 RCTC 2013 060 TOLL BDS SUB RSV FD 07/26/2021 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 8/25/27 $1 PV ON 546.8400 SHARES DUE 7/25/2021 50.00273/PV ON 200 000.00 PV DUE 7/25/21 0.0000 0.000000 546.84 0.00 0.00 0.00 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 07/26/2021 3137FL6P4 INTEREST EARNED ON F H L M C MLTCL MT 0.62136% 1/25/29 $1 PV ON 816.5300 SHARES DUE 7/25/2021 50.00297/PV ON ,,21.5,j100.00 PV DUE 7/25/21 0.0000 0.000000 816.53 0.00 0.00 0.00 Page 19 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Description PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.283% 5/25/26 Units -3,975.8800 Price 0.000000 Net Cash Amount 3,975.88 141.43 0.00 Federal Tax Cost Short Amount Cain/Loss -4,149.67 0.00 Term Amount -173.79 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 Settlement Date CUSIP 07/26/2021 3137FMD66 Account Account Transaction Date ` tai is e 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FMD66 INTEREST EARNED ON F H L M C MLTCL MT 2.283% 5/25/26 $1 PV ON 141.4300 SHARES DUE 7/25/2021 $0.00190/PV ON 74.336.52 PV DUE 7/25/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FM066 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2283%. 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 -55.01 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137FNAD2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.87496% 11/25/28 -199.5400 0.000000 199.54 -202.70 0.00 -3.16 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FNAD2 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 318.8700 SHARES DUE 7/25/2021 S0.00219/PV ON 145.436.11 PV DUE 7/25/21 0.0000 0.000005 318.87 000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.87496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -25.64 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021. 07/26/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.2580 6/25/29 -419.5900 0.000000 419.59 -420299 0,00 -1.60 256350018 _ RCTC 2013 A&B TOLL 680 SUB RSV FD 07/26/2021 3137FPJF3 INTEREST EARNED ON F H L M C MLTCL MT 2.258% 6/25/29 $1 PV ON 364.5600 SHARES DUE 7/25/2021 $0.00188/PV ON 193.740.56 PV DUE 7/25/21 0.0000 0.000000 364.56 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FPJF3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2258%. 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.63 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137F0327 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.51196% 7/25/29 -340.2500 0.000000 340.25 -340.35 0.00 -0.10 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137003V7 INTEREST EARNED ON F H L M C MLTCL MT 2.51196% 7/25/29 $1 PV ON 354.8700 SHARES DUE 7/25/2021 $0.00183/PV ON 194,449.71 PV DUE 7/25/21 0.0000. 0.000000 354.87 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137F0307 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.51196% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.59 0.00 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021. 07/26/2021 3137FWHY9 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.82638%.: 9/25/30 -967.4700 "0000000 967.47 -962.63 4.84 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FWH99 INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 131.8800 SHARES DUE 7/25/2021 $0.00069/PV ON 191.500.72 PV DUE 7/25/21 0.0000 0.000000 131.88 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3137FYUR5 PAID DOWN PAR VALUE OF F 9 L M 0 MLTCL 0.24996%. 8/26/24 -31;325.6900 0.000000 31,325.69 -31,334.84 -9.15 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 54.5300 SHARES DUE 7/25/2021 $0.00017/PV ON 324,966.13 PV DUE 7/25/21 0.0000 0.000000 54.53 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV RD 07/26/2021 3137FYUR5 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 000 -252 000. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 166586.3800 SHARES DUE 7/25/2021 7/25/21 PENALTY PVMT 0.0000 0.000000 398.97 0.00 0.00 0.00 .256350018. RCTC. 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000' 0.00 -8505 0,00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 416.7400 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 416.74 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 P & I DUE 07/25/21 -38.908.0400 0.000000 38.908.04 -39,143.08 0.00 -235.04 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 07/25/21 -766.3700 0.000000 766.37 -767.65 0.00 -1.28 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F13 07/26/2021 3138EKXL4 AMORTIZED PREMIUM ON F N M A#AL3382 2.336% 3/01/23 CURRENT YEAR AMORTIZATION 00000 0.000000 000 -6.71'. 0.00'. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 74.4500 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 74.45 0.00 0.00 0.00 256360018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 07/26/2521: 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 38423.8900 SHARES DUE 7/25/2021 7/25/21 PENALTY PVMT 0.0000 00000001 17.24 000 000. 000 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138EN054 PAID DOWN PAR VALUE OF F N M A #AL5851 3.500% 10/01/29 JUNE FNMA DUE 7/25/21 -1,535.4400 0.000000 1,535.44 -1,639.63 -104.19 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV 013 07/26/2021 3138ENQD4 AMORTIZED PREMIUM ON 0 N M A #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 0.0000' 0000000 0.00 -118.74 0.08 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138ENQD4 INTEREST EARNED ON F N M A #AL5851 3.500% 10/01/29 $1 PV ON 184.1100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 184.11 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SU8 RSV FD 07/26/2021 07/25/2021 07/26/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 JUNE FNMA DUE 7/25/21 -1,798.3600 0.000000 1,798.36 -1,918.91 -120.55 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138608J3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -104.55 0.00 0.00 256350018 RCTC. 2013 MB TOLL BDS SUB RSV FD 07/26/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500%11/01/30 $1 PV ON 192.1100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000' 192.11 0.00 050. = 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 JUNE ,FNB, UE 7/25/21 -2,299.6800 0.000000 2,299.68 -2,472.22 -172.54 0.00 Page 20 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Description Units 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 262.61 813.73 -153.30 0.00 0.00 0.00 0.00 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 262.6100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138L2005 PAID DOWN PAR VALUE OF F N M A #AM2254 3.010% 1/01/28 JUNE FNMA DUE 7/25/21 -813,73001 0.000000 -852.52 0.00 -38.79 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3135L2005 AMORTIZED PREMIUM ON F N M A #AM2254 3.010% 1/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -150.27 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138L2005 INTEREST EARNED ON F N M A #AM2254 3.010% 1/01/28 $1 PV ON 623.3600 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0000000 623.36 000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2.550% 10/01/28 JUNE FNMA DUE 7/25/21 -447.4000 0.000000 447.40 -460.05 0.00 -12.65 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/26/2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #602905 2.550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -90.69. 0.00 0.00 256350018 _ RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138LFGP7 INTEREST EARNED ON F N M A #AN2905 2.550% 10/01/28 $1 PV ON 630.2100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 630.21 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #AS4860 2500% 5/01/30 JUNE FNMA DUE 7/25/21 -509,5800 0.000000 2,509.63 -2625.71 -116.08 0:00 256350018 _ RCTC 2013 A&8 TOLL BDS SUB RSV FD 07/26/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #AS4860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -100.28 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2.500% 5/01/30 $1 PV ON 212.1400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000: 0;000000 212.14 000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3138XOZV7 PAID DOWN PAR VALUE OF F N M A #AU1658 2.500% 7/01/28 JUNE FNMA DUE 7/25/21 -1,085.0900 0.000000 1,085.09 -1,127.58 -42.49 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 07/26/2021 3138X0ZY7 AMORTIZED PREMIUM ON F N M A #0601658 2-500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000: "S000000 0.00 -88.30 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 313800207 INTEREST EARNED ON F N M A #AU1658 2.500% 7/01/28 $1 PV ON 78.8400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 78.84 0.00 0.00 0.00 256350018! ROTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3140J6FU6 PAID DOWN PAR VALUE OF F N M A #8M1978 3.000% 10/01/32 JUNE FNMA DUE 7/25/21 -1,859.4900: 0:000m0 1,859.40 -1,967.31 -407.82.: 0:00 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 07/26/2021 3140J6FU6 AMORTIZED PREMIUM ON F N M A #8M1978 3.000%. 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -96.82 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140J6FU6 INTEREST EARNED ON F N M A #BM1978 3.000% 10/01/32 $1 PV ON 225.9100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0,000000 225.91 0.00. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3140J83R2 PAID DOWN PAR VALUE OF F N M A #BM4407 2.500% 10/01/28 JUNE FNMA DUE 7/25/21 -2,711.0900 0.000000 2,711.09 -2,821.47 -110.36 0.00 256350018'. RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140J83R2 AMORTIZED PREMIUM ON F N M A #5M4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000030 0.00 -100.45 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140J8302 INTEREST EARNED ON F N M A #BM4407 2.500% 10/01/28 $1 PV ON 203.7200 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 203.72 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JUNE FNMA DUE 7/25/21 -1;625.8600 0.000000: 1,625.86 -1,726;67 -100.81 0:00 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 07/26/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -83.30 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 182.9400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0,050000 182.94 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #BM6007 2.596% 6/01/49 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.82 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140JAU97 INTEREST EARNED ON F N M A #8M6007 2596% 6/01/49 $1 PV ON 94.4200 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 94.42 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3140JAU97 PAID DOWN PAR VALUE OF F N M A #BM6007 2.596% 6/01/49 P & I DUE 07/25/21 -49.7700 0.000000 49.77 -51.67 0.00 -1.90 256350018 RCTC 2013: A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 314004H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2500% 6/01/32 JUNE FNMA DUE 7/25/21 -5,164.7500 0;000000: 5,164.75 -5,425.18 -260:43 0:00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 07/26/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -146.67 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 3140X4090 INTEREST EARNED ON F N M A #FM1155 2500% 6/01/32 $1 PV ON 339.5400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0,000000 339.54 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 3140X71S6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JUNE FNMA DUE 7/25/21 -3.168.9300 0.000000 3,168.93 -3,322.53 -153.60 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV 817 07/26/2021 3140X7156. AMORTIZED PREMIUM ON F N M A#FM3936 2500% 8/01/35 CURRENT YEAR AMORTIZATION 0.5000: 0.000000 0.00 -103.86 0.00 0:00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FO 07/26/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 306.3600 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 306.36 0.00 0.00 0.00 368 Page 21 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Date CUSIP 07/26/2021 3140X9VK8 Description PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JUNE FNMA DUE 7/25/21 Units -10,678.0500 Price 0.000000 0.000000 0.000000 Net Cash Amount 10,678.05 0.00 568.10 Federal Tax Cost Short Term Amount Gain/Loss Amount -11,389.22 -711.17 -244.63 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 -11.15 Account Account 'Transaction Date ,. ha. •. la e ettlement 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140X9VK8 AMORTIZED PREMIUM ON F 9 M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 568.1000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 256350018 RCTC 2013 AN TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31417YKF3 PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% 1/01/30 JUNE FNMA DUE 7/25/21 -567.3700 0.0000 0.000000 567.37 -605.37 -26.85 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31417YKF3 AMORTIZED PREMIUM ON F N M A #MA0293 4.500% 1/01/30 CURRENT YEAR AMORTIZATION 0.000000 0.00 -78.18 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 $1 PV ON 165.2700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 165.27 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021. 07/26/2021 314184M39 PAID DOWN PAR VALUE OF F N M A #MA1277 2.500% 12/01/27 JUNE FNMA DUE 7/25/21 -1,358.1900 0.000000 1;358.19 -1,404.29 146.10: 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 31418AM39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500% 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -40.69 0.00 0.00 256350018 RCTC 2013 A&B TOLL 850 SUB RSV FD 07/26/2021 31418,5M39 INTEREST EARNED ON F N M A #MA1277 2.500% 12/01/27$1 PV ON 89.5500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 89.55 0.00 0.110- 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #M42803 2.500% 11/01/31 JUNE FNMA DUE 7/25/21 -8,028.5200 0.000000 8,028.52 -8,417.70 -389.18 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2.500% 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0,080000 0.00 -214.21 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 57/26/2021 314180D04 INTEREST EARNED ON F N M A #MA2803 2.500% 11/01/31 $1 PV ON 493.1400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 493.14 0.00 0.00 0.00 256350018. RCTC 2013A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021. 07/26/2021 31418D047 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 JUNE FNMA DUE 7/25/21 -6,285.1100 0.000080 6,285:11 -6,491.06. -206.55 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 31418DQ47 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -107.76 0.00 0.00 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 07/26/2021 31418DQ47 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 376.5300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000. 0.000000 376.53 0.00 0.00. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31418DVU3 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000%. 12/01/30 JUNE FNMA DUE 7/25/21 -4,282.3300 0.000000 4,282.33 -4,454.21 -171.88 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 31418DVU3 AMORTIZED PREMIUM ON F N M A #M44226 2.000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -148.28 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000% 12/01/30 $1 PV ON 307.8700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 307.87 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31418DXH0 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3/01/36 JUNE FNMA DUE 7/25/21 -2,343.4600 0.000000 2,343.46 -2,424,53'. -81.07 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 31418DXH0 AMORTIZED PREMIUM ON F 5 M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -90.08 0.00 0.00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 07/26/2021 314180X60 INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 322.1800 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 322.18 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 07/25/2021 07/26/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 JUNE FNMA DUE 7/25/21 -4,891.3800 0.000000 4,891.38 -5,062.99 -171.61 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0:00 -202.47 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 498.5300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 498.53 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/26/2021 07/25/2021. 07/26/2021 314194M53 PAID DOWN PAR VALUE OF F N M A #AE0379 5.500% 8/01/24 JUNE FNMA DUE 7/25/21 3,070.2500 0.000000 3,070.25 -3,104.96. 0.00 -34,71 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/26/2021 314194M53 AMORTIZED PREMIUM ON F N M A #AE0379 5.500% 8/01/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -18.30 0.00 0.00 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 07/26/2021 314194M53 INTEREST EARNED ON F N M A #AE0379 5.500% 8/01/24 $1 PV ON 122.2300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 122.23 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -1,074.16 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1,074.16 0.00 0.00. 0,00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 57/27/2021 07/13/2021 07/14/2021 38377RED3 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 12/16/25 /TORONTO DOMINION SECURITIES (U/104,088.95 PAR VALUE AT 102.84375047 -104,088.9500 1.028438 107,048.98 -104,513.61 0.00 2,535.37 256350018. RCTC 2013 468 TOLL BDS SUB RSV FD 07/27/2021 07/14/2021 38377RED3 RECEIVED ACCRUED INTEREST ON SALE OF 0 N M A GTD REMIC 2.500%12/16/25 0.0000 0.000000 93:97 0.00: 0.00 0:00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 07/27/2021 38377RED3 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/16/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.34 0.00 0.00 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 07/28/2021 07/07/2021 383767521 PAID ACCRUED INTEREST ON PURCHASE OF G N M A GTD REMIC 3.000% 1.0§1 0.0000. 0.000000 -28:74 0:00' 000 0.00 Page 22 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - rade Late 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement hate ('LISII' Description 4nits 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 0.0000 ADJUSTED BY 524.40 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Amount Gain/Loss 524.40 131.10 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 Account Account 1 ransactionbate 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/28/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 07/28/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 131.10 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000. 0.00 0.00 2 563 50 01 8 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/30/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2.78 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/30/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2.78 0.00 0.00 0.00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 07/30/2021 07/30/2021 3137845W2 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C MLTCL MTG 2.750% 9/15/30 0.0000 0.000000 96.45 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/30/2021 07/28/2021 07/30/2021 3137845W2 SOLD PAR VALUE OF F H L M C MLTCL MTG 2750% 9/15/30 /CANTOR FITZGERALD & CO./43,538.62 PAR VALUE AT 100.26562624 % -43,538.6200 1.002656 43,654.27 -43,907.08 -252.81 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/30/2021 3137845W2 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.750% 9/15/30 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0.00 4.41 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 07/30/2021 07/30/2021 91282CAP6 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 10/15/23 0.0000.. '0.000000. -90.51 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/02/2021 31846V401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 7/31/2021 INTEREST FROM 7/1/21 TO 7/31/21 0.0000 0.000000 1.11 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/03/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -566.57 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/03/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 566.57 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/03/2021 08/03/2021 912820L57 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.750% 9/30/22 0.0000 0.000000 627.56 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/03/2021 08/02/2021 08/03/2021 912828L57 SOLD PAR VALUE OF U S TREASURY NT 1.750% 9/30/22 /RCMCUS31 UNITED STATES/105,000 PAR VALUE AT 101.94140952 -105,000.0000 1.019414 107,038.48 -105,526.84 0.00 1,511.64 256350018 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 08/03/2021 912828L57 AMORTIZED PREMIUM ONUS TREASURY NT 1.750% 9/30/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -64.66 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -69.86 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 69.86 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/06/2021 08/06/2021 3128MENS6 DISTRIBUTED PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 VALUED AT 0.01 TO REMOVE POSITION -0.0100 0.000000 0.00 -0.01 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FU' 08/06/2021 08/03/2021 08/06/2021 3128MENS6 SOLD PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 /STONEX FINANCIAL INC./BD RATES/35,097.04 PAR VALUE AT 104.84764527 % -35,097.0400 1.048476 36,798.42 -36,406.50 391.92 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/06/2021 3128MENS6 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C GD G15601 2.500% 1/01/29 0.0000 0:000000 12.19 0.00 0.00 0.00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 08/06/2021 3128MENS6 AMORTIZED PREMIUM ON F H L M C GD 015601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 QA0000O'. 0.00 -23.24 0.00. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 3131583117 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.24 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/03/2021 08/06/2021 3131X83H7 SOLD PAR VALUE OF F H L M C #ZK5300 2.500% 4/01/28 /STONE% FINANCIAL INC./33,171.11 PAR VALUE AT 104.84768222 % -33;171.1100 1.048477 34,779.14 34461.91 317.23 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/06/2021 3131X83H7 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C 0Z05300 2.500% 4/01/28 0.0000 0.000000 11.52 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 3140J8392 AMORTIZED PREMIUM ON F N M A #BM4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 000000 0.00 -38.45 0.00. 0.00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 08/06/2021 08/03/2021 08/06/2021 3140J83R2 SOLD PAR VALUE OF F N M A #8M4407 2.500% 10/01/28 /STONEX FINANCIAL INC./92,799.34 PAR VALUE AT 104.84766379 -92799.3400 1.048477 97,297.94 -96,540.11 757.83 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/06/2021 3140J83R2 RECEIVED ACCRUED INTEREST ON SALE OF F N MA #0M4407 2.500% 10/01/28 0.00001 0.000000. 3222 0.00 0.00. 0:00 256350018 RCTC 2013 A&B TOLL 8DS SUB RSV FD 08/06/2021 31418AM39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500% 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.48 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 31418AM39 FED BASIS OF F N M A #MA1277 2.500%12/01/27 ADJUSTED BY 0.03 ADJUST FOR SALE 0.0000 0000000 0.00 0.03 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/03/2021 08/06/2021 31418AM39 SOLD PAR VALUE OF F N M A #MA1277 2.500% 12/01/27 /STONEX FINANCIAL INC./40,268.14 PAR VALUE AT 104.84767859 % -40,268.1400 1.048477 42,220.21 -41,619.94 600.27 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/06/2021 08/06/2021 31418AM39 RECEIVED ACCRUED INTEREST ON SALE OF F N M A #MA1277 2.500% 12/01/27 0.0000 0000000 13.98 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/09/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -12.81 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/09/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 12.81 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/09/2021 313050207 AMORTIZED PREMIUM ON F N M A #401658 2.500% 7/01/28 CURRENT4E�. &MORTIZATICN 0.0000 0.000000 0.00 -14.54 0.00 0.00 Page 23 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 08/06/2021 3138X0ZY7 Description SOLD PAR VALUE OF F N M A #AU1658 2.500% 7/01/28 /STONEX FINANCIAL INC./35,755.58 PAR VALUE AT 104.85152248 % Units -35,755.5800 Price 1.048515 Net Cash Amount 37,490.27 Federal Tax Cost Short Amount Gain/Loss -37,141.44 Term Amount 348.83 0.00 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 0.00 0.00 0.00 Account Account Transaction Date ' in. • lit 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/09/2021 08/03/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/09/2021 08/06/2021 3138X0ZY7 RECEIVED ACCRUED INTEREST ON SALE OF F N MA #AU1658 2.500% 7/01/28 0.0000 0.000000 12.42 -4,400.59 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 7/16/21; 38377RED3 0.0000 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -5.35 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000005 5.35 0.00 256350018 RCTC 2013 068 TOLL BDS SUB RSV FD 08/10/2021 38377RED3 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/16/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.05 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 07/16/2021 08/10/2021 38377RED3 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 12/16/25 -4,400.5400 0.000000 4,400.54 -4,418.44 0.00 -17.90 2 563 5001 8 RCTC 2013 AM TOLL BDS SUB RSV FD DB/10/2021 08/05/2021 08/10/2021 38378WUY7 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 6/20/41 /MSNYUS33 MORGAN STANLEY NY/2,709.73 PAR VALUE AT 99 96826252 % -2709.7300 0.999683 2708.87 -2,712.34 0.00 -3.47 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 08/10/2021 38378WUY7 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 6/20/41 0.0000 0.000000 1,69 0,00 0.00. 0.00 256350018. RCTC 2013 AO TOLL BDS SUB RSV FD 08/10/2021 38378WUY7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 6/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.03 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 08/05/2021. 08/10/2021 38379JM99 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 /MSNYUS33 MORGAN STANLEY NY/6,397.43 PAR VALUE AT 99.98452504 -6,397.4300 0.999845 6,398.44 -6,402.96 -6.52 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 0.0000 0.000000 4.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/10/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.09 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD DB/11/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -71.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/11/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 71.89 0.00 0.00 0.00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/11/2021 08/03/2021 3132WSF97 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C GD WA1102 1.920% 12/01/28 0.0000 0.000000 -13.26 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/11/2021 08/09/2021 08/11/2021 36179M4J6 SOLD PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 /MSNYUS33 MORGAN STANLEY NY/103,515.59 PAR VALUE AT 103.81250786 % -103,515.5900 1.038125 107,462.13 -103,917.04 0.00 3,545.09 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/11/2021 08/11/2021 36179M4J6 RECEIVED ACCRUED INTEREST ON SALE OF G N M A 1 1 #MA0825 2.500 % 3/20/28 0.0000 0,000000 71.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/11/2021 36179M4J6 AMORTIZED PREMIUM ON 5 N M A II #61008252.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0 00000Q. 0.00 -54.31 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/12/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -904.65 0.00 0.00 0.00 256350018 RCTC 2013 068 TOLL BDS SUB RSV FD 08/12/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.0li 0000'. 904.55 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL 85S SUB RSV FD 08/12/2021 3134GWND4 INTEREST EARNED ON F H L M C M T N 0.600% 8/12/25 $1 PV ON 325000.0000 SHARES DUE 8/12/2021 0.0000 0.000000 975.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08I1T ' 08/12/2021 3137A00145 PAID ACCRUED INTEREST ON PURCHASE OFF H L M C MLTCL MTG 1.750% 12/15/42 0.0000 0,000000 -57.09 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/12/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED 8Y 570.00 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 570.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/12/2021 9128285W6 FED BASIS OF U S TREASURY 1 P 0.84873% 1/15/29 ADJUSTED BY 142.50 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000. 0.00 142.50 0.00 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD DB/16/2021 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 0.0000 0.000000 938.95 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 CASH RECEIPT INTEREST DUE 8/15/21 INT PYMT 3128MENS6 0.0000 0.000000 73.12 0.00 0.00 0.00 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 08/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,011.85 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0000000 3,011.85 0.00 0.00 0.00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD G18571 2.500% 10/01/30 JULY FHLMC DUE 8/15/21 -3,238.3000 0.000000 3,238.30 -3,375.86 -137.56 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16{2021 3128MMT52 AMORTIZED PREMIUM 014 F H L M C GD 018571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -101.39 0.00' 0.00 256350018 RCTC 2013 A&B TOLL 805 SUB RSV FD 08/16/2021 3128MMT52 INTEREST EARNED ON F H L M C GD G18571 2.500% 10/01/30 $1 PV ON 233.2400 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 0.0000 0.000000 233.24 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C GO 618586 2.500% 2/01/31 JULY FHLMC DUE 8/15/21 -31074300 0000000 3,10743 4 M 0.00 113.17 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C 00 018586 2.500% 2/01/31 CURREN'L'845,AMORTIZATION 0.0000 0.000000 0.00 -73.70 0.00 0.00 Page 24 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 203.6800 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 0.0000 0.000000 203.68 0.00 0.00 -272.38 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3130714P40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 P & I DUE 08/15/21 _ -4254.3900 0.000000 4,254.39 -4,526.77 6350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 .0.00 -294.04 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3130714P40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 492.2300 SHARES DUE 8/15/2021 P & I DUE 08/15/21 0.0000 0.000000 492.23 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1:500% 5/15/27 2,5477400 03100000 2547.74' -2586.81 -39.07 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137AQQE1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -50.60 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 116.8400 SHARES DUE 8/15/2021 $0.00125/PV ON 93466.28 PV DUE 8/15/21 0.0000 "01000000 126.94, 000'. 0:00 0.00 256350018 ROTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.72 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137AYSH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 $1 PV ON 69.3400 SHARES DUE 8/15/2021 $00=0015/PV ON 47,546.45 PV DUE 8/15/21 0-0000 0:000000 60.341 8:00 :080: 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 3137AYSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -1,129.7200 0.000000 1,129.72 -1,154.19 -24.47 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 313785460 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2500% 10/15/28 421.1400 0:000000 421.14' -423.57 0.00:: 2:43 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 313785A60 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 10/15/28 $1 PV ON 20.6300 SHARES DUE 8/15/2021 $0.00208/PV ON 9,902.80 PV DUE 8/15/21 0.0000 0.000000 20.63 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 313705A60 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500% 10/15/28 CURRENT YEAR AMORTIZATION 0.0000. 0.0000001 0,00 4.65 000. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3137B6DF5 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MTG 2.000% 11/15/26 -4,933.9500 0.000000 4,933.95 -4,882.68 0.00 51.27 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137860F5 INTEREST EARNED ON F H L M C MLTCL MTG 2000% 11/15/26 $1 PV ON 149.2800 SHARES DUE 8/15/2021 $0.00167/PV ON 89,566.17 PV DUE 8/15/21 0-0000 0:000000. 149.28 0.00. 0-00': 090 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 313789RN7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2500% 12/15/27 -2728.7600 0.000000 2,728.76 -2779.80 -51.04 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/16/2021 313709RN7 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C MLTCL MTG 2.500% 12/15/27 00000 0000000 -72.20 0.00 0.00: 090 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3137B9RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 86.8600 SHARES DUE 8/15/2021 $0.00208/PV ON 41,694.49 PV DUE 8/15/21 0.0000 0.000000 86.86 0.00 0.00 0.00 .256350018. RCTC. 2013 A&B TOLL. BDS SUB RSV FD 08/16/2021 3137B9RN7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 00000001 000 -25.29 0:00. 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 36176XE21 PAID DOWN PAR VALUE OF G N M A #778953 3.000% 3/15/27 JULY GNMA DUE 8/15/21 -5,739.0400 0.000000 5,739.04 -5,923.71 0.00 -184.67 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 36176XE21 AMORTIZED PREMIUM ON G N M A 0778953 3.000% 3/15/27 CURRENT YEAR AMORTIZATION 0.0000. 0:000000. 0:00 -139.79:. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 36176XE21 INTEREST EARNED ON G N M A #778953 3.000% 3/15/27 $1 PV ON 326.0100 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 326.01 0.00 0.00 0.00 256350018' RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 36176X0B8 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 JULY GNMA DUE 8/15/21 1,045.8800 0.000000 1,045:88 -1,086 52 -40.64 090 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 361760088 AMORTIZED PREMIUM ON G N M A #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -54.82 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 36176X008 INTEREST EARNED ON G N M A #779250 3.000%. 5/15/27 $1 PV ON 106.3900 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 106.39 0,00: 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 36170N899 PAID DOWN PAR VALUE OF G N M A #AB2764 2500% 8/15/27 JULY GNMA DUE 8/15/21 -1,006.3000 0.000000 1,006.30 -1,012.78 0.00 -6.48 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3617861899 AMORTIZED PREMIUM ON G N M A #482764 2500% 8/15/27 CURRENT YEAR AMORTIZATION 0-0000 0000000: 0.00 -5.35 0.00 000 256350018 RCTC 2013 488 TOLL BDS SUB RSV FD 08/16/2021 36178NB99 INTEREST EARNED ON G N M A #482764 2.500% 8/15/27 $1 PV ON 58.4300 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 58.43 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3620ARB67 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JULY GNMA DUE 8/15/21 -4,0401800 0.000000 4,040:18 4,092.92 0.00 52.74 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3620ARB67 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.69 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS 088 RSV FD 08/16/2021 3620/9887 INTEREST EARNED ON G N M A 6737261 4.000% 5/15/25 $1 PV ON 335.2500 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0-000000 335.25 0,00 3.00 0,00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3620ARZE4 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 JULY GNMA DUE 8/15/21 -4,415.2100 0.000000 4,415.21 -4,543.37 0.00 -128.16 372 Page 25 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3620ARZE4 AMORTIZED PREMIUM ON G N M A #737941 3.000% 2115/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 172.60 1,080.49 -80.07 0-00 -1,096.47 0.00 0.00 0.00 0.00 0.00 0.00 -15.98 0.00 0.00 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3620ARZE4 INTEREST EARNED ON G N M A #737941 3.000% 2/15/26 $1 PV ON 172.6000 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3620C4SU5 PAID DOWN PAR VALUE OF G N M A #748531 4.000% 9/15/25 JULY GNMA DUE 8/15/21 -1,080.4900 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3620040115 AMORTIZED PREMIUM ON G N M A 0748531 4.0009 9/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -31.75 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 362004SU5 INTEREST EARNED ON G N M A #748531 4.000% 9/15/25 $1 PV ON 182.2100 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000. 182.21 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 3622A2GC0 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JULY GNMA DUE 8/15/21 -1,364.6700 0.000000 1,364.67 -1,413.53 -48.86 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 08/16/2021 367767000 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -58.77 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 3622A2GC0 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 120.2300 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 120.23 0.00 0.00 0.00 _ 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/15/2021 08/16/2021 362970CD0 PAID DOWN PAR VALUE OF G N M A #711168 4.500% 2/15/25 JULY GNMA DUE 8/15/21 -1,174.8600 0.000000 117486 -1;193:11 0.00 -18.25 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/16/2021 362970000 AMORTIZED PREMIUM ON G N M A #711168 4.500% 2/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -40.51 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 36297G000 INTEREST EARNED ON G N M A #711168 4.500% 2/15/25 $1 PV ON 180.9300 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000, 0,000000 180.93 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 38376T5Z1 INTEREST EARNED ON G N M A GTD REMIC 3.000% 1/16/39 $1 PV ON 143.6800 SHARES DUE 8/16/2021 00.00250/90 ON 57.473.43 PV DUE 8/16/21 0.0000 0.000000 143.68 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 38376T5Z1 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 1/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -53.66. 0.00 0.00 256350018 RCTC 2013 An TOLL BDS SUB RSV FD 08/16/2021 08/16/2021 08/16/2021 383761521 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 1/16/39 -1,612.1600 -2,125.8500 0.000000 1,612.16 -1,667.58 -55.42 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/16/2021 08/16/2021 38376V2E6 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 7/16/39 0.000000 2,125.85 -2182.13 0.00 -56.28 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/16/2021 38376V2E6 INTEREST EARNED ON G N M A GTD REMIC 4.000% 7/16/39 $1 PV ON 221.6700 SHARES DUE 8/16/2021 $0.00333/PV ON 66500.50 PV DUE 8/16/21 0.0000 0.000000 221.67 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 38376V2E6 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 7/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.27 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 08/16/2021 08/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -156.7100 0.000000 156.71 -149.84 0.00 6.87 256350019 RCTC 2013 AM TOLL BDS SUB RSV FD 08/16/2021 38378KWU9 INTEREST EARNED ON G N M A GTD REMIC 1.400%. 10/16/41 $1 PV ON 13.0300 SHARES DUE 8/16/2021 $0.00117/PV ON 11.169.53 PV DUE 8/16/21 0.0000 0.000000 13.03: 0.00'. 0:00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 6397.4300 SHARES DUE 8/16/2021 0.0000 0.000000 3,754.89 0.00 0.00 0.00 2563500181 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/16/2021 91282CAE1 INTEREST EARNED ON U S TREASURY NT 0.625% 8/15/30 $1 PV ON 110000.0000 SHARES DUE 8/15/2021 0-0000 0 000000 340.75; 0(00 0.00: 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -4,247.12 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/17/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 4247.12. 0.00 0.00 0 o0 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/19/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME 0.0000 0.000000 -193.07 0.00 0.00 0.00 EARNINGS 256350018. RCTC 2013A&B TOLL BDS SUB RSV FD 08/19/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 193.07 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/19/2021 08/16/2021 08/19/2021 3620AR867 SOLD PAR VALUE OF G N M A #737261 4.000% 5/15/25 /STONEX FINANCIAL INC./BD RATES/96,536.08 PAR VALUE AT 104.18750171 % -96;536.0800 1.041875 100,578.53 -97,787.93 0.00 2,790.60 256350018 RCTC 2013: A&B TOLL BDS SUB RSV FD 08/19/2021 3620A9067 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0,000000: 0.00 -8.38 0.00 0:00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/19/2021 08/19/2021 3620AR867 RECEIVED ACCRUED INTEREST ON SALE OF G N M A #737261 4.000% 5/15/25 0.0000 0.000000 193.07 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 8/20/21; 38378WUY7 0.0000 0,000000 2,709.73 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,498.93 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BOS SUB RSV FD 08/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2,498.93 0.00 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 P & I DUE 08/20/21 -3,551.2000 0.000000 3,551.20 -3,564.23 0.00 -13.03 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/20/2021 36179M4J6 AMORTIZED PREMIUM ON 5 N M A I I #MA0825 2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.74 0.00 0.00 373 Page 26 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account 'I'ransactt i1"• . � . i'." ` ettlemcnt Date ('USH' 36179M4J6 Description INTEREST EARNED ON G N M A I I #MA08252.500% 3/20/28 $1 PV ON 223.0600 SHARES DUE 8/20/2021 P & I DUE 08/20/21 Units 0.0000 Price 0.000000 Net Cash Amount 223.06 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 -64.70 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179MEK2 AMORTIZED PREMIUM ON G N M A II #141901382.500% 6/20/27 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -184.47 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179MEK2 INTEREST EARNED ON G N M A I 1 #MA0138 2.500% 6/20/27 $1 PV ON 153.3700 SHARES DUE 8/20/2021 P & I DUE 08/20/21 0.0000 0.000000 153.37 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A I I #MA0138 2.500% 6/20/27 P & I DUE 08/20/21 -2,810.5800 0.000000 2,810.58 -2,875.28 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179M824 AMORTIZED PREMIUM ON G N M A I I #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.29. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179M824 INTEREST EARNED ON G N M A 11 #MA0601 2.500% 12/20/27 $1 PV ON 88.1600 SHARES DUE. 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 88.16 0.00. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179M1124 PAID DOWN PAR VALUE OF 0 N MA I I #MA0601 2.500% 12/20/27 JULY GNMA DUE 8/20/21 -1,208.3500 0,000000 1,208.35 -1,243.05 0.00 -34.70 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179M832 AMORTIZED PREMIUM ON 0 N M A II #MA06023.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000.. '0.000000. 0.00 -86.21 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179M032 INTEREST EARNED ON G N M A I I #MA0602 3.000% 12/20/27 $1 PV ON 192.5500 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 192.55 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179MU32 PAID DOWN PAR VALUE OF G N M A I I #MA06023.000% 12/20/27 JULY GNMA DUE 8/20/21 -1,704.3300 0.000000 1,704.33 -1,767.63 0.00 -63.30 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179MZV5 AMORTIZED PREMIUM ON G N M A I I #MA0756 2.500% 2/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -47.28 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179MZV5 INTEREST EARNED ON G N M A 1 I #MA0756 2.500% 2/20/28 $1 PV ON 119.8100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 119.81 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179MZV5 PAID DOWN PAR VALUE OF G N M A I I #MA0756 2.500% 2/20/28 JULY GNMA DUE 8/20/21 -1,781.7600 0.000000 1,781.76 -1,833.33 0.00 -51.57 256350018 RCTC 2013 A&B TOLLBDS SUB RSV FD 08/20/2021 36179NAH1 AMORTIZED PREMIUM ON G N M A I 1 #MA09082.500% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -136.23 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NAH1 INTEREST EARNED ON G N M A I I #MA0908 2.500% 4/20/28 $1 PV ON 279.2000 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 279.20 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179NAH1 PAID DOWN PAR VALUE OF G N M A I I #MA0908 2.500% 4/20/28 JULY GNMA DUE 8/20/21 -4,925.5900 0.000000 4,925.59 -5,103.58. -177.99 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A 1 I #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -32.81 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NAJ7 INTEREST EARNED ON G N M A 1 I #MA0909 3.000% 4/20/28 $1 PV ON 72.4100 SHARES DUE. 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 72.41 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A I I #MA0909 3.000% 4/20/28 JULY GNMA DUE 8/20/21 -773.8200 0.000000 773.82 -804.18 0.00 -30.36 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NHK7 AMORTIZED PREMIUM ON 0 N M A II #MA1134 3.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -109.33 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NHK7 INTEREST EARNED ON G N M A 1 I #MA1134 3.000% 7/20/28 $1 PV ON 209.7800 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 209.78 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #MA11343.000% 7/20/28 JULY GNMA DUE 8/20/21 -3,282.0800 0.000000 3,282.08 -3,432.86 -150.78 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A 11 #MA1202 2.500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -77.49. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 187.8000 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 .0000000'. 187.801 0,00-. 0.00; 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #MA1202 2500% 8/20/28 JULY GNMA DUE 8/20/21 -3,189.3800 0,000000 3,189.38 -3,291.81 -39.52 -6291 256350018 RCTC 2013-A&B TOLL WS SUB RSV FD 08/20/2021 361799606 AMORTIZED PREMIUM ON 5 N M A I I #MA2864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 00000 4000000'. 000 -13.41 0.00y 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 361798606 INTEREST EARNED ON G N M A I 1 #MA2864 3.000% 6/20/30 $1 PV ON 40.7100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 40.71 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 361798686 PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% 6/20/30 JULY GNMA DUE 8/20/21 -4479105. 0.000000 447.91 -463.94 0.00 -16.03 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179RHM4 AMORTIZED PREMIUM ON G N M A 1 I #MA2936 3.500% 7/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -89.62 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36179RHM4 INTEREST EARNED ON GNMA II #MA2936 3.500% 7/20/30 $1 PV ON 219.5000 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 00144.1 0.000© 0.000000 219.50 0.00 0.00 0.00 08/20/2021 36179RHM4 PAID DOWN PAR VALUE OF GNMA II #MA2936 3.500% 7/20/30 JULY GNMA DUE 8/20/21 361791083 AMORTIZED PREMIUM 014084 M A II #MA4691 3.500% 9/20/32 CURRENT YEAR AMORTIZATION -1,106.8200 0.000000 40000: 4000000. 1,106.82 0.00 -1,159.57 -83.17 -52.75 0.00 0.00 0.00 374 Page 27 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account 'I'ransactl 1"• radel ate Settlement hate ('USIR Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Units Price Amount Amount Gain/Loss Amount Amount 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/20/2021 361797E83 INTEREST EARNED ON G N MA 11 #MA4691 3.500% 9/20/32 $1 PV ON 212.2700 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 08/20/2021 08/20/2021 08/20/2021 361797E83 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 0.0000 0.000000 21227 PAID DOWN PAR VALUE OF GNMA II #MA4691 3.500% 9/20/32 JULY GNMA DUE 8/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD -2984.3600-. 0.000000. 2,984.36 0.00 -3,142.17 0.00 -157.81 08/20/2021 36202F2H8 AMORTIZED PREMIUM ON GNMA II #005276 3.000% 0.0000 0.000000 1/20/27 CURRENT YEAR AMORTIZATION 0.00 -53.13 0.00 0.00 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 256350018 RCTC 2013 A00 TOLL BDS SUB RSV FD 08/20/2021 36202F2H8 INTEREST EARNED ON GNMA 1 1 8005276 3.000 % 1/20/27 0.0000 0.000000 282.63 0.00'. 0.00 0.00 $1 PV ON 2826300 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 08/20/2021 08/20/2021 08/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N MA 11 8005276 3.000% -4,625.9600 0.000000 4,625.96 -4,690.70 0.00 -64.74 1/20/27 JULY GNMA DUE 8/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 36202F3H7 AMORTIZED PREMIUM ON GNMA I 18005300 3.000% 0.0000 0.000000 0.00' -82.63 0.00 0.00 2/20/27 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 08/20/2021 36202F3H7 INTEREST EARNED ON G N M A I 18005300 3.000% 2/20/27 0.0000 0.000000 163.41 0.00 0.00 0.00 $1 PV ON 163.4100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 36202F3117 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38376TTT9 PAID DOWN PAR VALUE OF GNMA 118005300 3.000% 2/20/27 JULY GNMA DUE 8/20/21 PAID DOWN PAR VALUE OF GNMA GTD REMIC 3.000% 11/20/39 -2411.2300 0.000000. 2411.23. 2,499.72 -88.49 0.00 -766.2000 0.000000 766.20 -778.71 0.00 -12.51 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38376TTT9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 11/20/39 $1 PV ON 58.7000 SHARES DUE 8/20/2021 $0.00250/PV ON 23,481.08 PV DUE 8/20/21 0.0000 0.000000 58.70 0.00 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 08/20/2021 38376TTT9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 11/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.71 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38376WA62 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 10/20/39 -1,354.2000 0.000000 1,354.20 -1,399.98 0.00 -45.78 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38376W862 INTEREST EARNED ON G N M A GTD REMIC 4,000% 10/20/39 $1 PV ON 177.9900 SHARES DUE 8/20/2021 $0.00333/PV ON 53,395.95 PV DUE 8/20/21 0.0000 0.000000 177.99 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38376W862 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 10/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -30.81 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 $1 PV ON 64.3000 SHARES DUE 8/20/2021 $0.00208/PV ON 30,863.50 PV DUE 8/20/21 0.0000 0.000000 64.30 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 3:13 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38377LFC7 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 2.500% 12/20/39 -5,320.6900 0.000000 5,320.69 -5,370.47 -49.78 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377QKH9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 8/20/40 $1 PV ON 47.5300 SHARES DUE 8/20/2021 $0.00250/PV ON 19,010.17 PV DUE 8/20/21 0.0000 0.000000 47.53 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377QKH9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 8/20/40 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0.00 -3.80 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 8/20/40 -1,278.0200.. 4000000 8,278.02. -1,293.02 0.00 -15:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38377RVK8 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/39 -2098.5100 0.000000 2,098.51 -2,140.88 -42.37 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377RVK8 INTEREST EARNED ON G N M A GTD REMIC 3.000% 4/20/39 $1 PV ON 139.1700 SHARES DUE 8/20/2021 $0.00250/PV ON 55,667.74 PV DUE 8/20/21 0.0000 0.090090' i 3,117 0100 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377RVK8 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 4/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.15 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38377YTL4 INTEREST EARNED ON G 0 M A GTD REMIC 2.000% 5/20/40 $1 PV ON 924300 SHARES DUE 8/20/2021 $0.00167/PV ON 55,457.10 PV DUE 8/20/21 0.0000 .0000000. 90,48% 0:170'. 0.00; 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38377YTL4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.000% 5/20/40 -2768.4800 0:000000 2,768.48 -2,734.74 0.00 33.74 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 383788090 INTEREST EARNED ON G N M A GTD REMIC 3.000% 10/20/26 $1 PV ON 153.9900 SHARES DUE 8/20/2021 $0.00250/PV ON 61,594.26 PV DUE 8/20/21 00000 0.000000. '/90,99. 0.00'. 0.00 000 2 563 50 01 8 RCTC 2013 858 TOLL BDS SUB RSV FD DB/20/2021 383788090 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -38.74 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38378,4090 PAID DOWN PAR VALUE OF G N M A 0TD REMIC 3.000% 10/20/26 -3,903.7200 0.000000 3,903.72. -3,969.51 0.00 -65.79 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/20/2021 38378FRB8 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20/42 $1 PV ON 217.8900 SHARES DUE 8/20/2021 $0.00167/PV ON 130,731.09 PV DUE 8/20/21 0.0000 0.000000 217.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38378FRB8 PAID DOWN PAR VALUE OF G N M A GTO REMIC 2.000% 7/20/42 -2996.1600 0.000000 2998.16 2954.12 0.00 44:04 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.46 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38370H880 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 75.4500 SHARES DUE 8/20/2021 $0.00125/PV ON ,..6Lj$57.21 PV DUE 8/20/21 0.0000 0.000000. 75.45 0.00 0.00 0.00 Page 28 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Accounl Account Fransacti .: i'1 '•- b"`.". 91 CIP STAMP Quarter .. -i'."-. CUSII' Portfolio Transaction Report by Account ended September 30, 2021 Description Units PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% -1,921.1300 8/20/27 Price 0.000000 Net Cash Amount 1,921.13 Federal Tax Cost Short Amount Gain/Loss -1,948.60 Term Amount -27.47 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38378HAU0 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 28.1100 SHARES DUE 8/20/2021 S0.00125/PV ON 22.484.56 PV DUE 8/20/21 0.0000 0.000000 26.11 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38378JZD7 PAID DOWN PAR VALUE OF 0 5 M A GTD REMIC 1.500% 12/20/40 -913.8300 0.000000 913.83 -902.41 0.00 11.42 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 08/20/2021 38378TAF7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 7/20/41 -1,980.6000 0.000000 1.,980.60 -1,982.93 0.00 -2.33 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38378TAF7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 7/20/41 $1 PV ON 143.2300 SHARES DUE 8/20/2021 50 00208/PV ON 68,749.03 PV DUE 8/20/21 0.0000 0.000000 143.23 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38378TAF7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 7/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.39 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 38378WUY7 INTEREST EARNED ON 5 N M A GTD REMIC 2.500% 6/20/41 $1 PV ON 2709.7300 SHARES DUE 8/20/2021 0.0000 0.000000 5.65 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/20/2021 08/20/2021 9128289Z7 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.625%12/31/21 0.0000 0.000000 -709.39. 0.00 0.00 0.00 256350018 RCTC 2013 4&B TOLL BDS SUB RSV FD 08/23/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -440.78 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS 0118 RSV FD 08/23/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 440.78 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/23/2021 08/18/2021 08/23/2021 361785899 SOLD PAR VALUE OF G N M A #482764 2.500% 8/15/27 /STONEX FINANCIAL INC./BD RATES/27,040.45 PAR VALUE AT 103.43751676 % -27,040.4500 1.034375 27,969.97 -27,213.21 0.00 756.76 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/23/2021 361785099 AMORTIZED PREMIUM ON G 5 M A #AB2764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.33 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/23/2021 361785099 FED BASIS OF 5 N M A #AB2764 2.500% 8/15/27 ADJUSTED 8Y 0.01 ADJUST FOR SALE 0.0000 0.000000 0.00 0.01 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUS RSV FD 08/23/2021 08/24/2021 08/23/2021 361785899 RECEIVED ACCRUED INTEREST ON SALE OF G 5 MA 41402764 2.500% 8/15/27 0.0000 0000000 41.31 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -41.31 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV 93 08/24/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 90000 0.000500 41-.31 0-00 0.00'. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/24/2021 08/06/2021 3128MENS6 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C GD G15601 2.500% 1/01/29 0.0000 0.000000 -12.19 0.00 0.00 0.00 256350018'. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/24/2021 08/06/2021 3128ME556. RECEIVED ACCRUED INTEREST ON SALE OF F H L M C GD G15601 2.500% 1/01/29 0.0000 0000080 11..86 0.00: 0:00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/24/2021 08/03/2021 08/06/2021 3128MENS6 SOLD PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 /STONEX FINANCIAL INC./34,158.09 PAR VALUE AT 104.84766566 % -34,158.0900 1.048477 35,813.96 -35,813.95 0.01 0.00 256+0500181 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/24/2021 3134GXDT8 INTEREST EARNED ON F H L M C M T N 0.350% 11/24/23 $1 PV ON 160000.0000 SHARES DUE 8/24/2021 00000 0080000 140.00 0(00 8-00: 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -10,110.59 0.00 0.00 0.00 256350018; RCTC 2013 450 TOLL BDS SUB RSV FD 08/25/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 90000 0.000000 10,110:59: 0-00 000 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3131083H7 PAID DOWN PAR VALUE OF F H L M C #ZK5300 2.500% 4/01/28 P & I DUE 08/25/21 -1,103.7400 0.000000 1,103.74 -1,145.96 -42.22 0.00 256350018. RCTC 2013A&B TOLL BDS SUB RSV FD 08/25/2021 31310B3H7 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.73 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 06/25/2021 3131X83H7 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 $1 PV ON 71.4100 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 71.41 0.00 0.00 0.00 256350018 RCTC 2013: A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 313248551 PAID DOWN PAR VALUE OF F H L M C#ZS8063 2.500% 9/01/32 JULY FHLMC DUE 8/25/21 -6,316.3900 0000000: 6,316.39 -6,593.63 0.00 -277:24 256350018 RCTC 2013 480 TOLL BDS SUB RSV FD 08/25/2021 313248551 AMORTIZED PREMIUM ON F H L M C #258063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -158.81 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132A8551 INTEREST EARNED ON F H L M C #ZS8063 2.500% 9/01/32 $1 PV ON 415.7000 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0,000000 415.70 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132ABGL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -118.95 0.00 0.00 256350018 RCTC 2013 488 TOLL BDS SUB RSV FD 08/25/2021 3132480L7 INTEREST EARNED ON F H L M C #ZS7403 3000% 5/01/31 $1 PV ON 230.0900 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 230.09 0.00 0:00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3132480L7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 JULY FHLMC DUE 8/25/21 -2,540.3400 0.000000 2,540.34 -2,693.59 -153.25 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 313249764 PAID DOWN PAR VALUE OF F H L M 0 #ZS8673 3.000% 10/01/32 JULY FHLMC DUE 8/25/21 -5,063.3100 0.000000. 5,053.31 -5,282.98 0-00: -219:67 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313249T64 AMORTIZED PREMIUM ON F H L M C #Z58673 3.000%. 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -105.25 0.00 0.00 376 Page 29 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Dat' ' '. ' V' ` ettlement Date CUSIP 313209764 Units 0.0000 Price 0.000000 Net Cash Amount 315.90 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 0.00 0.00 Description INTEREST EARNED ON F H L M C #ZS8673 3 000% 10/01/32 $1 PV ON 315.9000 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION _ 0.0000 0.000000 0.00 -253.49 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 449.5300 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 449.53 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500% 1/01/33 JULY FHLMC DUE 8/25/21 -3,988.7900 0.000000 3,988.79 -4,296.51 -307.72 256350018, RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #271963 3.500% 11/01/30 JULY FHLMC DUE 8/25/21 -8,945.2200 0.000000 8,945.22 66188,50 -542.88 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -577.46 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 1134.1500 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 1;134.15. 0.00. 000 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEFK7 AMORTIZED PREMIUM ON F H L M C #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -132.02 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33 $1 PV ON 240.6400 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0-0000 0:000000 240:64. 0.00 '0-00: 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3132AEFK7 PAID DOWN PAR VALUE OF F H L M C #ZT1970 3.500% 4/01/33 JULY FHLMC DUE 8/25/21 -1,946.1400 0.000000 1,946.14 -2,094.21 -148.07 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV PD 08/25/2021 08/25/2021 08/25/2021 313209093 PAID DOWN PAR VALUE OF F H L M C #SC0096 3.000% 10/01/40 JULY FHLMC DUE 8/25/21 2,875.3600 0.000000 2875.36 -3,055.79 -180.43.. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313259093 AMORTIZED PREMIUM ON F H L M C #SC0096 3.000% 10/01/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -293.33 0.00 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 08/25/2021 3132D9093 INTEREST EARNED ON F H L M C #SC0096 3.000% 10/01/40 $1 PV ON 465.2000 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 465.20 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 86854.5900 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 10.94 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 08/25/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTE REMIC 2.349% 5/25/22 -6,480.2600 0.000000 6,480.26 -6,495.27 0.00 0.00 -15.01 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FE 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2349% 5/25/22 $1 PV ON 170.0500 SHARES DUE 8/25/2021 $0.00196/PV ON 86.854.59 PV DUE 8/25/21 0.0000 0.000000 170.05 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136A7MN9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.73 0.00 0:00 256350018 RCTC 2013 460 TOLL BDS SUB RSV FD 08/25/2021 313648509 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 $1 PV ON 55.7300 SHARES DUE 8/25/2021 $0.00125/PV ON 44,580.59 PV DUE 8/25/21 0.0000 0.000000 55.73 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313648059 AMORTIZED PREMIUM ON F 5 M A GTD REMIC 1,500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -23.82 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FE 08/25/2021 08/25/2021 08/25/2021 3136A8SX9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -1,872.6600 0.000000 1,872.66 -1,902.28 -29.62 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -2,082.3700 0.000000 2082.37 -2119.41 -37.04 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2000% 11/25/42 $1 PV ON 90.0700 SHARES DUE 8/25/2021 $0.00167/PV ON 54.041.80 PV DUE 8/25/21 0.0000 0.000000 90.07 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -17.85 0.00 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/23 $1 PV ON 42.9800 SHARES DUE 8/25/2021 60.00125/PV ON 34,383.88 PV DUE 8/25/21 0.0000 0.000000 42.98 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3136ADFF1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 4/25/23 -2610.8700 0.000000. 2610.87 4,573.34 000 37:53 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -5,161.4500 0.000000 5,161.45 -5,214.61 -53.16 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136ADZA0 AMORTIZED PREMIUM ON 5 N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -37.65 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136ADZAD INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 120.9000 SHARES DUE 8/25/2021 $0.00104/PV ON 116.064.53 PV DUE 8/25/21 0.0000 0.000000 120.90 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1.750% 7/25/28 $1 PV ON 73.7300 SHARES DUE 8/25/2021 30.00146/PV ON 50.556.57 PV DUE 8/25/21 0.0000 0.000000 73.73 0.00 0:00: 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.66 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV PD 08/25/2021 08/25/2021 08/25/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -1,874.3200' 0.000000 1,879.32. -1,911-83: -32.51 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3136AHAE0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2623% 4/25/23 ,�_....1 -53.1000 0.000000 53.10 -53.32 0.00 -0.22 Page 30 of 135 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Federal Tax Cost Short Term Amount Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3136AHAEO INTEREST EARNED ON FNMA GTD REMIC 2.623% 4/25/23 $1 PV ON 74.5000 SHARES DUE 8/25/2021 $0.00220/PV ON 33,941.19 PV DUE 8/25/21 AMORTIZED PREMIUM ON FNMA GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FNMA GTD REMIC 2.000% 11/25/31 $1 PV ON 132.6000 SHARES DUE 8/25/2021 $0.00167/PV ON 79.557.05 PV DUE 8/25/21 AMORTIZED PREMIUM ON FNMA GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FNMA GTD REMIC 2.000% 11/25/31 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 INTEREST EARNED ON FHLMC MULTICLA 2.373% 5/25/22 $1 PV ON 589.3900 SHARES DUE 8/25/2021 $0.00198/PV ON 298.046.95 PV DUE 8/25/21 AMORTIZED PREMIUM ON FHLMC MULTICLA 2.373°0 5/25/22 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FHLMC MLTCL MT 2.396% 6/25/22 $1 PV ON 393.5200 SHARES DUE 8/25/2021 $0.00200/PV ON 197.086.40 PV DUE 8/25/21 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.396% 6/25/22 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FHLMC MLTCL MT 2.396% -472.6400 0.000000 6/25/22 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 1.583% -9,920.7800 0.000000 4/25/22 0.0000 0.000000 74.50 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 08/25/2021 08/25/2021 3136AHAEO 3136AQZK9 3136AQZK9 08/25/2021 3136AQZK9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 488 TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 08/25/2021 3137ATRW4 31374TRW4 0.0000 0.000000 0.0000. 0.000000 0.00 132.60 0.0000 0.000000 0.00 -1,719.9500 0.000000 1,716'35 -6.98 0.00 -55.30 -1,768.43 0.00 0.00 0.00 -48.48 0.00 0.00 0.00 0.00 -743.2500 0.000000 0.0000 "0:000000: 743.25 589.39 -748.05 040 0.00 0:00; -4.80 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137ATRW4 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137AUPE3 08/25/2021 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 3137AUPE3 08/25/2021 08/25/2021 08/25/2021 08/25/2021 08/25/2021 08/25/2021 3137AUPE3 08/25/2021 3137AWQG3 3137AWC1G3 0.0000 0.000000 0.00 -72.73 0.00 0.00 0.0000 0.000000 393.52 0300 0:00 0.00 0.0000 0.000000 0.00 -49.79 0.00 0.00 INTEREST EARNED ON FHLMC MLTCL MTG 1.583%. 4/25/22 $1 PV ON 122.7000 SHARES DUE 8/25/2021 $0.00132/PV ON 93,010.59 PV DUE 8/25/21 PAID ACCRUED INTEREST ON PURCHASE OF FHLMC MLTCL MTG 1.749% 2/25/22 INTEREST EARNED ON FHLMC MLTCL MT 6.22428% 9/25/22 $1 PV ON 150000.0000 SHARES DUE 7/25/2021 0.0000 0.000000 472.64 -475.92 0.00 -3.28 9,920.78 122.70 -9,810.72 0.00 0.00 0.00 110.06 0.00 256350018 RCTC 2013 An TOLL BDS SUB RSV FD 2563 50 01 8 RCTC 2013 MB TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/03/2021 3137AXHN6 313740H51 08/25/2021 3137B1800 INTEREST EARNED ON FHLMC MLTCL MT 2.51004% 11/25/22 $1 PV ON 645000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 -0.99 0.00 0.00 0.00 0.0000 0.000000: 321.63 0.00 0.00 0.00 0.0000 0.000000 1,349.15 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313781075 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 634.8400 SHARES DUE 8/25/2021 $0.00210/PV ON 302058.67 PV DUE 8/25/21 0.0000 0,000000 604.84 0.00 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313781 U75 AMORTIZED PREMIUM ON FHLMC MLTCL MT 3.22404% 1/25/23 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FHLMC MLTCL MT 3.22404% 1/25/23 INTEREST EARNED ON FHLMC MLTCL MTG 2.637% 1/25/23 $1 PV ON 200000.0000 SHARES DUE 8/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV ED 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 1256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/25/2027(: 08/202021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 3137B1U75 3137B1UG5 08/25/2021 313783NW4 08/25/2021 08/25/2021 08/25/2021 313767YX1 08/25/2021 3137B7001 0.0000 0.000000 0.00 -69.34 0.00 0.00 -967.2700 310043279 967.27 -971.08 -3.81 0.0000 0,000000 439.50 0.00 0.00 0.00 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 19596.8000 SHARES DUE 8/25/2021 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.592% 4/25/23 INTEREST EARNED ON FHLMC MLTCL MTG 2.592% 4/25/23 $1 PV ON 265.7300 SHARES DUE 8/25/2021 $0.00216/PV ON 123,020.92 PV DUE 8/25/21 0.0000 D,tf,Od i 4 45.07 0.001 0.00 9A0 -5,673.5800 2,516929 5,673.58 -5,775.26 -101.68 0.00 0.0000 Nowo T9 0.00 0.00 08/25/2021 3137B7YX1 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 2.592% 08/25/2021 3137BJQ71 4/25/23 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FHLMC MLTCL MT 2.76997% 5/25/25 $1 PV ON 200000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 0.0000 .0800000 0.00 461.66 -111.86 0.00 0.00 0.00 0:00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BLAC2 INTEREST EARNED ON FHLMC MLTCL MT 3.28404% 6/25/25 $1 PV ON 410.5000 SHARES DUE 8/25/2021 $0.00274/PV ON 150.000.00 PV DUE 8/25/21 INTEREST EARNED ON FHLMC MLTCL MTG 2.802% 1/25/25 S1 PV ON 524.3800 SHARES DUE 8/25/2021 $0.00234/PV ON 224.575.71 PV DUE 8/25/21 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 2.802% 0.0000 0.000000 1/25/25 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 2802% -4,531.1700 0.000000 1/25/25 PAID DOWN PAR VALUE OF FH L M C MLTCL MT 3.090% 8/25/22 0.0000 0:000000 410.50 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31370LW87 0.0000 0000000B, 524.38 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 31378LW87 08/25/2021 3137BLW87 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137BM6P6 0.00 -247.50 0.00 0.00 4,531.17 -4,732.37 -201.20 0.00 321.3700 0.000000 321.37 -328.31 0.00 -6 94 378 Page 31 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description Units 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31378M606 INTEREST EARNED ON F H L M C MLTCL MT 3.090% 8/25/22 $1 PV ON 492.0900 SHARES DUE 8/25/2021 $0.00258/PV ON 191,101.18 PV DUE 8/25/21 0.0000 0.000000 492.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BM6P6 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.090% 8/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 474.84 -140.18 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BP4K2 INTEREST EARNED ON F H L M C MLTCL MTG 2.849% 3/25/26 $1 PV ON 474.8400 SHARES DUE 8/25/2021 $0.00237/PV ON 200,000.00 PV DUE 8/25/21 0.0000 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313780028 INTEREST EARNED ON F H L M C MLTCL MTG 2 838% 9/25/22 $1 PV ON 116.1800 SHARES DUE 8/25/2021 $0.00236/PV ON 49.123.69 PV DUE 8/25/21 0.0000 0.000000 116.18 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BSRZ8 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2838% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 25.46 0.00 Odd 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137135828 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2838% 9/25/22 -102.3800 0.000000 102.38 -103.08 0.00 -0.70 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137BV274 PAID DOWN PAR VALUE OF F 1-1 L M 0 MLTCL MTG 3.045% 8/25/26 -1,677.1200 0.000000 1,677.12 -1;774.73'. 0.00. -97.61 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313713VZ74 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 749.2300 SHARES DUE 8/25/2021 $0.00254/PV ON 295,264.41 PV DUE 8/25/21 0.0000 0.000000 749.23 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F0 08/25/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 0.0000 0,000000. 0.00 -290.62 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BYPQ7 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 583.5100 SHARES DUE 8/25/2021 $0.00260/PV ON 224.462.20 PV DUE 8/25/21 0.0000 0.000000 583.51 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137BYPQ7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 0.0000' 0.000000 0.00 -379.52 0.00 0.00 256350018 RCTC 2013 NO TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137BYPQ7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 462.3300 SHARES DUE 8/25/2021 $0.00243/PV ON 190,000.00 PV DUE 8/25/21 -7,010.2600 0.000000 7,010.26 -7,393.76 -383.50 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137F4CY6 1'.0000-: 0:0180000:. 462.33 0:001 0.00. 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137F4D41 INTEREST EARNED ON F H L M C MLTCL MT 0.24996% 1/25/28 $1 PV ON 450.0000 SHARES DUE 8/25/2021 $0.00300/PV ON 150,000.00 PV DUE 8/25/21 0.0000 0.000000 450.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FBA82 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 $1 PV ON 329.1200 SHARES DUE 8/25/2021 $0,00253/PV ON 130,000.00 PV DUE 8/25/21 0.0000 0.000000'. 329.12 0.00 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 8/25/27 $1 PV ON 200000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 546.84 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/03/2021 3137FCM35 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C MLTCL MTG 2952% 2/25/24 0.0000 0.000000 -13.56 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FL6P4 INTEREST EARNED ON F H L M C MLTCL MT 0.6213fi % 1/25/29 $1 PV ON 816.5300 SHARES DUE 8/25/2021 $0.00297/PV ON 275,000.00 PV DUE 8/25/21 0.0000 0.000000 816.53 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FM066 INTEREST EARNED ON F H L M C MLTCL MT 2283% 5/25/26 $1 PV ON 133.8600 SHARES DUE 8/25/2021 $0.00190/PV ON 70,360.64 PV DUE 8/25/21 0-0000 0.000000 133.86 000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FMD66 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.283% 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -53.80 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137FMD66 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.223% 5/25/26 -222.5800 0.000000 222.58 -232.14 0.00 -9.56 2 563 50 01 8 RCTC 2013 Ma TOLL BDS SUB RSV FD DB/25/2021 08/25/2021 08/25/2021 3137FNAD2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.87496% 11/25/28 -184.8000 0.000000 184.80 -187.69 0.00 -2.89 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FNAD2 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 318.4300 SHARES DUE 8/25/2021 00.00219/PV ON 145,236.57 PV DUE 8/25/21 0.0000 0.000000 318.43 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.87496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.46 0.00 0.00 256350018. RCTC 2013 A513 TOLL BDS SUB RSV FD 08/25/2021 3137FPJF3 INTEREST EARNED ON F H L M C MLTCL MT 2258% 6/25/29 $1 PV ON 363.7700 SHARES DUE 8/25/2021 $0.00188/PV ON 193,320,97 PV DUE 8/25/21 0.0000 0.000000 363.77 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FPJF3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.258% 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.87 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 08/25/2021 08/25/2021 08/25/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2258% 6/25/29 -391.9200 0.000000 391.92 -393.40 0.00 -1.48 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/03/2021 3137FPJP1 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C MLTCL MT 2.21604% 7/25/29 0.0000 0.000000 -11.84 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137FQ3Y7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.51196% 7/25/29 -398.6300 0.000000 398.63 -398.75 0.00 -0.12 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FQ3Y7 INTEREST EARNED ON F H L M C MLTCL MT 2.5119fi % 7/25/29 01 PV ON 354.2500 SHARES DUE 8/25/2021 $0.00183/PV ON 194,109.46 PV DUE 8/25/21 0.0000 0.000000 354.25 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137F53Y7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 251196% 7/25/29 CURRENT4EQB.Q.MORTIZATION 0.0000 0.000000 0.00 -0.61 0.00 0.00 Page 32 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 77ansach i" '•- b'. ' . 91 CIP STAMP Quarter '" . :ent Date CUSII' Portfolio Transaction Report by Account ended September 30, 2021 Description Units PAID DOWN PAR VALUE OF F H L M C MLTCL 0.82638% -972.1800 9/25/30 Price 0.000000 Net Cash Amount 972.18 Federal Tax Cost Short Amount Gain/Loss -967.32 Term Amount 4.86 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137FWHY9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3137FWHY9 _.. INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 131.2100 SHARES DUE 8/25/2021 50.00069/PV ON 190,533.25 PV DUE 8/25/21 0.0000 0.000000. 131.21 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3137FYUR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.24996%. 8/26/24 -21.3900 0.000000 21.39 -21.40 -0.01 0.00 256350018 RCTC 2013 AU TOLL BDS SUB RSV FD 08/25/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 60.1700 SHARES DUE 8/25/2021 $0.00020/PV ON 293,640.44 PV DUE 8/25/21 0.0000 0.000000 60.17 0.00'. 0.00 0.00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 08/25/2021 3137FYUR5 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.36 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 JULY FNMA DUE 8/25/21 -315.3400 0.000000 315.34 -317.08 0.00 -1.74 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.36 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 325.8800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 32588 0.00 0.00 0:00 2563 50 01 8 RCTC 2013 AO TOLL BDS SUB RSV FD 08/25/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 37657-5200 SHARES DUE 8/25/2021 8/25 PENALTY PAYMENT 0.0000 0.000000 43.97 0.00 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/25/2021 3138EKXL4 AMORTIZED PREMIUM ON F N M A #AL3382 2.336% 3/01/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.24 0.00 a.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/25/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 75.3300 SHARES DUE 8/25/2021 P & 1 DUE 08/25/21 0.0000 0.000000 75.33 0.00 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021. 08/25/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 08/25/21 -2,238.0100 0.000000 2,238.61 2,241.97 0.00 -3:36 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138ENQD4 PAID DOWN PAR VALUE OF F N M A #AL5851 3.500% 10/01/29 JULY FNMA DUE 8/25/21 -1,627.7400 0.000000 1,627.74 -1,735.29 -107.55 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138ENQD4 AMORTIZED PREMIUM ON F N M A #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 0.0000. 0.000000. 0.00 -109.61 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138ENQD4 INTEREST EARNED ON F N M A #AL5851 3.500%10/01/29 $1 PV ON 179.6300 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 179.63 0.00 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 JULY FNMA DUE 8/25/21 -2,083.7900 0.000000 2,083.79 -2220.12 -136.33 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -103.21 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500%11/01/30 $1 PV ON 186.8600 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 186.86 0,00-. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 JULY FNMA DUE 8/25/21 -2,060.3600 0.000000 2,060.36 -2,211.38 -151.02 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -151.61 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 255.9000 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 255.90 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 313812505 PAID DOWN PAR VALUE OF F N M A #AM2254 3.010% 1/01/28 JULY FNMA DUE 8/25/21 -784.6400 0.000000 784.64 -821.55 0.00 -36.91 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/25/2021 3138L2505 AMORTIZED PREMIUM ON F N M A #AM2254 3.010% 1/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -154.77 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 313812505 INTEREST EARNED ON F N M A #AM2254 3.010% 1/01/28 $1 PV ON 642.0300 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 .0500000, 64$,03. 0:001 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2.550% 10/01/28 JULY FNMA DUE 8/25/21 -416.3900 0.000000 416.39 -428.03 0.00 -11.64 256350018 RCTC 2013-A&B TOLL WS SUB RSV FO 08/25/2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #AN2905 2..550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000.. 0000050'. 800: -93.57 0.00 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3138LFGP7 INTEREST EARNED ON F N M A #402905 2 550% 10/01/28 $1 PV ON 650.2400 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 650.24 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #AS4860 2.500% 5/01/30 JULY FNMA DUE 8/25/21 -1,275.8800. 0.000000 1,275.88 -1,333.62 -57.74 a.00 256350018 RCTC 2013 AM TOLL BDS SUB RSV FD 2563 50 01 8 RCTC 2013:A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 3138WEMJ5 3138WEMJ5 AMORTIZED PREMIUM ON FNMA #404860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FNMA #AS4860 2.500% 5/01/30 $1 PV ON 206.9100 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 0.0000 0.000000 0.00 206.91 -99.66 0.00 0.00 0.00 0.00 0.00 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 256350018 RCTC 2013 AU TOLL BDS SUB RSV FD 08/25/2021 3138005Y7 PAID DOWN PAR VALUE OF FNMA #AU1658 2.500% 3 7/01 /28 P & I DUE 08/25/21 -1,003.0900 0.000000 1,003.09 -1,041.34 -38.25 0.00 AMORTIZED PREMIUM ON FNMA #AU1658 2.500% 0.0000: 0,200000. 0.00 -0.63 0.00 0.00 7/01/28 CURRENT YEAR AMORTIZATION 380 Page 33 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Transaction Dale I rade Date Settlement Date CUSIP Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Units Price Amount Amount Gain/Loss Amount Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31388011,7 INTEREST EARNED ON FNMA #AU1658 2.500% 7/01/28 $1 PV ON 76.5800 SHARES DUE 8/25/2021 P & I DUE 08/25/21 08/25/2021 08/25/2021 08/25/2021 3140J6FU6 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 0.0000 0.000000 76.58 PAID DOWN PAR VALUE OF FNMA #8M1978 3.000% -1,4610900 0.000000. 10/01/32 JULY FNMA DUE 8/25/21 1,463.09 0.00 -1,546.32 0.00 -83.23 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J6FU6 AMORTIZED PREMIUM ON FNMA #BM1978 3.000% 0.0000 0.000000 10/01/32 CURRENT YEAR AMORTIZATION 0.00 -96.67 0.00 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J6FU6 INTEREST EARNED ON FNMA #8M1978 3.000% 0.0000 0.000000 221.26 0.00'. 0.00 0.00 10/01/32 $1 PV ON 221.2600 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 08/25/2021 08/25/2021 08/25/2021 3140J83R2 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD PAID DOWN PAR VALUE OF FNMA #BM4407 2.500% -2,274.2000 0.000000 2,274.20 -2,364.41 -90.21 0.00 10/01/28 P & I DUE 08/25/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J83R2 AMORTIZED PREMIUM ON FNMA 418M4407 2.500% 0.0000 0.000000 0,00 -1.46 0.00 0.00 10/01/28 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J83R2 INTEREST EARNED ON F N M A #BM4407 2.500% 0.0000 0.000000 198.07 0.00 0.00 0.00 10/01/28 51 PV ON 198.0700 SHARES DUE 8/25/2021 P & I DUE 08/25/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3140J8ME0 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J8ME0 PAID DOWN PAR VALUE OF FNMA #8M3956 3.000% 12/01/32 JULY FNMA DUE 8/25/21 AMORTIZED PREMIUM ON FNMA #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION -1,108.1600 0.000000. 1,108.16 -1,175.59 -67.43 0.00 0.0000 0.000000 0.00 -83.05 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J8ME0 INTEREST EARNED ON F N M A #8M3956 3.000% 12/01/32 $1 PV ON 178.8700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 178.87 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #BM6007 2.596% 6/01/49 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.97 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140J6597 INTEREST EARNED ON F N M A #BM6007 2596% 6/01/49. $1 PV ON 97.4500 SHARES DUE. 8/25/2021 P & I DUE 08/25/21 0.0000 0000000 97.45 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3140JAU97 PAID DOWN PAR VALUE OF F N M A #8M6007 2.596% 6/01/49 P &I DUE 08/25/21 -45.4900 0.000000 45.49 -47.22 0.00 -1.73 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 314004H90 PAID DOWN PAR VALUE OF F N M A #FM1155. 2.500% 6/01/32 JULY FNMA DUE 8/25/21 -4,501.3600 0.000000. 4,501.36 -4,724.20 -222.84 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -145.03 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140041-190 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 328.7800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 328.78 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 314007L06 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 08/25/21 PRIN & INT -5,087.1700 0.000000 5,087.17 -5,330.08 -242.91 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140X7L86 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -103.90 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140X7L06 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 299.7600 SHARES DUE 8/25/2021 08/25/21 PRIN & INT 0.0000 0.000000 299.76 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021. 08/03/2021 314007L86. PAID ACCRUED INTEREST ON PURCHASE OF F 6 M A #FM3936 2.500% 8/01/35 0,Q000 0.000000. -20.84 0.00 0.00. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JULY FNMA DUE 8/25/21 -6,477.6200 0.000000 6,477.62 -6,901.92. -424.30 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140090K8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 05000 0, 41tIV 0050. 4011 -237.96 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 541.4000 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 541.40 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 3141705F3 PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% 1/01/30 JULY FNMA DUE 8/25/21 -1,532.3900 0.000000 1,532.39 -1,632.24 -70.56 -29.29 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31417YKF3 AMORTIZED PREMIUM ON F N M A #MA0293 4.500% 1/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -79.26 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV PD 08/25/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 $1 PV ON 163.1400 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 163.14 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 31418AM39 PAID DOWN PAR VALUE OF F N M A #MA1277 2.500% 12/01/278/25/21 PAYMENT -1,355.4100 0.000000 1,355.41 -1,400.11 -44.70 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418AM39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500%. 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 coo -0.80'. 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418AM39 INTEREST EARNED ON F N M A #MA1277 2.500% 12/01/27 $1 PV ON 86.7200 SHARES DUE 8/25/2021 8/25/21 PAYMENT 0.0000 0.000000 86.72 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 JULY FNMA DUE 8/25/21 -8,302.2900 0000000 8,302.29 4097.08 -394.79 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2.500% 0.0000 0.000000 0.00 -211.21 0.00 0.00 11/01/31 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500% 11/01/31 $1 PV ON 476.4100 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 476.41 OIld 0.00 0.00 381 Page 34 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account lransacti ` ... b' ' :. i'' ' CUSII' Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Units Price Amount Amount Gain/boss Amount Amount -5,688.6000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 08/25/2021 314180047 314180047 PAID DOWN PAR VALUE OF FNMA #MA4074 2.000% 6/01/35 JULY FNMA DUE 8/25/21 AMORTIZED PREMIUM ON FNMA #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.000000 5,688.60 0.00 -5,872.76 -184.16 -107.16 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 314180047 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 0.0000 0.000000 91 PV ON 366.0500 SHARES DUE 8/25/2021 JULY FNMA DUE 9/25/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 31418DVU3 366.05 0.00 0.00 0.00 0.00 0.00 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000% -4,294.2600 0.000000 4,294.26 -4,463.10 -168.84 0.00 12/01/30 JULY FNMA DUE 8/25/21 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 314180V03 AMORTIZED PREMIUM ON FNMA #MA4226 2.000% 0.0000 0.000000 0.00 -147.71 0.00 0.00 12/01/30 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000% 0.0000 0.000000 300.73 0.00 0.00 0.00 12/01/30 $1 PV ON 300.7300 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 08/25/2021 08/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 3141BDXHO PAID DOWN PAR VALUE OF FNMA #MA4279 2,000% -2614.1300 0.000000 2,614.13 -2,703.29 -89.16 0.00 3/01/36 JULY FNMA DUE 8/25/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418DXH0 AMORTIZED PREMIUM ON FNMA #MA4279 2.000% 0.0000 0.000000 0.00 -92.58 0.00 0.00 3/01/36 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418DXH0 INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 0.0000 0.000000 318.28 0,00 0.00 0.00 $1 PV ON 318.2800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 08/25/2021 31418DYF3 PAID DOWN PAR VALUE OF FNMA #MA4309 2.000% -4,489.8000 0.000000 4,489.80 -4,644.21 -154.41 0.00 3/01/31 JULY FNMA DUE 8/25/21 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418DVF3 AMORTIZED PREMIUM ON FNMA #MA4309 2.000% 0.0000 0.000000 0.00 -204.22 0.00 0.00 3/01/31 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31418DVF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 0.0000 0.000000 $1 PV ON 490.3600 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 08/25/2021 08/25/2021 08/25/2021 314194M53 PAID DOWN PAR VALUE OF FNMA #AE0379 5.500% 8/01/24 JULY FNMA DUE 8/25/21 -2,779.5500 0.000000 490.36 2',779.55 0.00 -2,809.06 0.00 0.00 0.00 -29.51 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 31419AM53 AMORTIZED PREMIUM ON F N M A #AE0379 5.500% 8/01/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.22 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 314194M53 INTEREST EARNED ON F N M A #AE0379 5.500% 8/01/24 $1 PV ON 108.1500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 108.15 0,00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 912828VZ7 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.625%12/31/21 0.0000 0.000000 778.94 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 912828YZ7 AMORTIZED PREMIUM ON U S TREASURY NT 1.625% 12/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.07 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/25/2021 08/24/2021 08/25/2021 912828YZ7 SOLD PAR VALUE OF U S TREASURY NT 1.625%12/31/21 /SBNYUS33 CITGROUP GBL MKTS NY/315,000 PAR VALUE AT 100.55859365 % -315,000.0000 1.005586 316,759.57 -316,717.11 42.46 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/25/2021 08/25/2021 912828ZF0 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.500% 3/31/25 0.0000 0:000000 -1,204.92 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/26/2021 CASH DISBURSEMENT -TRANSFER 'TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -12,471.58 0.00 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 08/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 12471.58 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SU8 RSV FD 08/26/2021 08/25/2021 08/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -1,374.0900 0.000000 1,374.09 -1,388.48 -14.39. 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 08/26/2021 3137834W4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.778% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.07 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 08/27/2021 08/27/2021 08/27/2021 313800Z87 DISTRIBUTED PAR VALUE OF F N M A #AU1658 2.500% 7/01/28 VALUED AT 0.02 TO REMOVE RESIDUAL SHARES -0 5200 0.0000001 0.00 -8:02 0:00. 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/27/2021 08/27/2021 08/27/2021 3140J83R2 DISTRIBUTED PAR VALUE OF F N M A #8M4407 2.500% 10/01/28 VALUED AT 0.01 TO REMOVE RESIDUAL SHARES -0.0100 0.000000 0.00 -0.01 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/2712021 9120285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 153.30 UNITS INCREASE TO ADJUST FOR CHANGE IN 008 0.0000' 0.000000 0.00 153.80 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 08/27/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED 8Y 613.20 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 613.20 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 31846V401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 8/31/2021 INTEREST FROM 8/1/21 TO 8/31/21 0.0000 0.000000 016; 800' 0-80- 0.00 256350018 RCTC 2013 4&B TOLL BDS SUB RSV FD 09/01/2021 08/05/2021 08/10/2021 38378W087 SOLD -REV PAR VALUE OF G N M A GTD REMIC 2.500% 6/20/41 /MSNVUS33 MORGAN STANLEY 48/2,709.73 PAR VALUE AT 99.96826252 % 2,709.7300 0.999683 -2,708.87 2,712.34 0.00 3.47 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 08/10/2021 38378W087 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 6/20/41 0.0000 0.000000 -1,,44'. 0.00'. 0.00. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 38378WUV7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 6/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00 0.03 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF 0 N M A GTD REMIC 2.500% 2111 fijq). 0.0000 0.000000. °4.114.! 0.00'. 400 0:00 Page 35 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Accounl Account Transachr o ' . til ' anent Date CUSII' Description Units 38379JM99 AMORTIZED PREMIUM ON G N M A GTE) REMIC 2.500% 0.0000 2/16/41 CURRENT YEAR AMORTIZATION Price 0.000000 Net Cash .Amount 0.00 Federal Tax Cost Amount 0.09 6,402.96 Short Term Gain/Loss Amount 0.00 6.52 Long Term Gain/Loss Amount 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 08/05/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 08/10/2021 38379JM99 SOLD -REV PAR VALUE OF G N M A GTD REMIC 2.500% 6,397.4300 2/16/41 /MSNYUS33 MORGAN STANLEY NY/6,397.43 PAR VALUE AT 99.98452504 % 0.999845 -6,396.44 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/01/2021 09/01/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF S TREASURY 0.0000 NT 0.125% 12/15/23 0.000000 -39.96 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV ED 09/08/2021 38379JM99 FED BASIS OF 0 N M A GTD REMIC 2.500% 2/16/41 0.0000 ADJUSTED BY -1005.70 0000000 0.00 -1,005.70 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/08/2021 38379JM99 FED BASIS OF 0 N M A 0T0 REMIC 2.500% 2/16/41 0.0000 ADJUSTED 8Y 1005.70 0.000000 0.00 1,005.70 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/08/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 0.0000 2/16/41 CURRENT YEAR AMORTIZATION 0.000000 0.00 -0.09 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/08/2021 08/05/2021 08/10/2021 38379JM99 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 -2,655.8800 /MORGAN STANLEY & CO. LLC/2,655.88 PAR VALUE AT 99.98418603 % 0.999842 2,655.46 -2659.05 -3.59 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/08/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD 0.0000 REMIC 2.500% 2/16/41 0.000000. 1.66 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/13/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 0.0000 ADJUSTED BY 328.80 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.000000 0.00 328.80 0.00 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/13/2021 9128285W6 FED BASIS OF U $ TREASURY I P 0.84873% 1/15/29 00000 ADJUSTED BY 8220 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.000000 000 82.20 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/14/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 8/20/21; 38378WUY7 0.0000 0.000000 -2,709.73 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/14/2021 38378WUY7 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 2.500% 6/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.05 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/14/2021 08/20/2021 09/14/2021 38378WUY7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 6/20/41 -2709.7300 0.000000 2709.73 -2712.32 0.00 -2.59 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,836.08 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2836.08 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD G18571 2.500% 10/01/30 AUGUST FHLMC DUE 9/15/21 -3,679.1200 0.000000 3,679.12 -3,832.12 -153.00 0.00 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 09/15/2021 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD 018571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -97.19 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 3128MMT52 INTEREST EARNED ON F H L M C W018571 2.500% 10/01/30 $1 PV ON 226.4900 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 226.49 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -70.41 0.00 0.00 2563 50 01 8 RCTC 2013 4613 TOLL BDS SUB RSV FD 09/157202'1 3128MMULS INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 P9 ON 197.2100 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 197.21 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M 0 GD 018586 2.500% 2/01/31 AUGUST FHLMC DUE 9/15/21 -2793.3600 0.000000 2793.36 -2893.01 0.00 -99.65 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 AUGUST FHLMC DUE 9/15/21 -3,310.1000 0.000000 3,310.10 -3,517.23 -207.13. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -279.28 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 481.6000 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 481.60 0.00 0.00, 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500% 5/15/27 -2499.8200 0.000000 2,499.82 -2,536.82 -37.00 0.00 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 09/15/2021' 3137AQQE1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 00000 0000000 0.00 -48.17 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 113.6400 SHARES DUE 9/15/2021 $0.00125/PV ON 90.918.54 PV DUE 9/15/21 0.0000 0.000000 113.64 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 3137AYSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -3,648.5800 0.000000 3,648.58 -3,725.17 •76.59 0100 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/15/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -54.89 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 3137AYSH5. INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 $1 PV ON 223.3800 SHARES DUE 9/15/2021 $0.00146/PV ON 153,175.22 PV DUE 9/15/21 0.0000 0.000000 223,38 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 3137B5A60 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 2.500% 10/15/28 -466.4500 0.000000 466.45 -469.06 0.00 -2.61 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 313765460 INTEREST EARNED ON F H LM C MLTCL MTG 2.500% 10/15/28 $1 PV ON 19.7500 SHARES DUE 9/15/2021 $0.00208/PV ON 9,481.66 PV DUE 9/15/21 0.0000 0.000008 19.75 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 313765460 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 2.500% 0.0000 0.000000 10/15/28 CURREtln AMORTIZATION 0.00 -1.55 0.00 0.00 Page 36 of 135 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Descri . tion Chits Price Net Cash Federal Tax Cost Short Term Amount Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD -256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 AU! TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 09/15/2021 3137B6DF5 INTEREST EARNED ON FHLMC MLTCL MTG 2.000`. 11/15/26 $1 PV ON 141.0500 SHARES DUE 9/15/2021 $0.00167/PV ON 84,632.22 PV DUE 9/15/21 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 2.000% 11/15/26 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 2.500% 12/15/27 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FHLMC MLTCL MTG 2.500% 12/15/27 $1 PV ON 225.5800 SHARES DUE 9/15/2021 $0.00208/PV ON 108.277.51 PV DUE 9/15/21 PAID DOWN PAR VALUE OF GNMA #778953 3.000% 3/15/27 AUGUST GNMA DUE 9/15/21 09/15/2021 3137B6DF5 09/15/2021 3137B9RN7 09/15/2021 09/15/2021 3137B9RN7 313789RN7 09/15/2021 09/15/2021 09/15/2021 36176XE21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL 8DS SUB RSV FD 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 0.0000 0.000000 141.05 0.00 -3,792.4900 0.000000 -4,379.8100 0.000000 0.0000 0.000000 3,792.49 4,379:81 -3,753.08 -4,454.21 0.00 -59.20 0.0000 .0.000000 225.58 0.00 0.00 0.00 -74.40 0.00 0.00 -4,383.6400 0.000000 4,383.64 4,520.09 0.00 361760E21 AMORTIZED PREMIUM ON GNMA #778953 3.000% 3/15/27 CURRENT YEAR AMORTIZATION 361760E21 INTEREST EARNED ON G N MA #778953 3.000% 3/15/27 $1 PV ON 311.6600 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 361760588 0.0000 ra-006 0. 0.00 -130.77 0.00 0.0000 0.000000 311.66 0.00 0.00 0.00 39.41 0.00 0.00 0.00 -136.45 0.00 0.00 AMORTIZED PREMIUM ON GNMA #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 09/15/2021 361760088 INTEREST EARNED ON GNMA 4779250 3.000% 5/15/27 $1 PV ON 103.7700 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 09/15/2021 09/15/2021 09/15/2021 09/15/2021 09/15/2021 361760068 09/15/2021 3620ARZE4 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 3620ARZE4 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 3620ARZE4 36200451)5 PAID DOWN PAR VALUE OF G N MA#779250 3.000% 5/15/27 AUGUST GNMA DUE 9/15/21 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 AUGUST GNMA DUE 9/15/21 AMORTIZED PREMIUM ON GNMA #737941 3.000% 2/15/26 CURRENT YEAR AMORTIZATION INTEREST EARNED ON GNMA #737941 3.000% 2/15/26 $1 PV ON 161.5600 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 AMORTIZED PREMIUM ON GNMA #748531 4.000% 9/15/25 CURRENT YEAR AMORTIZATION 0.00 -52.40 0.00 0.00 0.0000 0.000000 103.77 0.00 0.00 0.00 -1,342.0000 0.000000 -1,725.7100 0.000000 0.0000 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 1,342.00 1,725.71 -1,392.45 -50.45 0.00 -1,773.85 0.00 -48.14 0.00 -73.20 0:00 0.00 0.0000 0.000000 161.56 0.00 0.00 0.00 0.0000 0,000000 0.00 -30.42 0.00' 0.00 09/15/2021 3620C4SU5 INTEREST EARNED ON GNMA #748531 4.000% 9/15/25 $1 PV ON 178.6100 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 09/15/2021 09/15/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV ED 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 09/15/2021 09/15/2021 362004505 09/15/2021 3622552000 256350018+' RCTC 2013 A&B TOLL BDS SUB RSV FD 09/15/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 3622552500 0.0000 0.000000 178.61 0.00 0.00 PAID DOWN PAR VALUE OF G N MA #748531 9/15/25 AUGUST GNMA DUE 9/15/21 PAID DOWN PAR VALUE OF 0 N M A #783795 3/15/28 AUGUST GNMA DUE 9/15/21 AMORTIZED PREMIUM ON GNMA #783795 3/15/28 CURRENT YEAR AMORTIZATION 4.000% 2.500% 2.500% -1,081.9600 0.000000 1,081.96 -1,097.35. 0.00'. -2,615.7100 0.000000 2,615.71 -2,706.75 -91.04 0.0000 0.000000 0.00 -56,39 0.00 09/15/2021 3622A2000 INTEREST EARNED ON G N MA #783795 2.500% 3/15/28 $1 PV ON 117.3800 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 09/15/2021 256350018 RCTC 2013 MB TOLL BDS SUB RSV FD 362970000 0.0000 0.000000 117.38 0.00 0.00 AMORTIZED PREMIUM ON GNMA #711168 4.500% 2/15/25 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 0.0000 0.000000 0.00 -38:02 0.00' 0.00 -15.39 0.00 0.00 0.00 0.00 09/15/2021 362970000 INTEREST EARNED ON GNMA 4711168 4.500% 2/15/25 $1 PV ON 176.5200 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 09/15/2021 09/15/2021 256350018 RCTC 2013 AO TOLL BDS SUB RSV ED 09/15/2021 362970080 256350018 RCTC 2013 A&B TOLL 00S SUB RSV FD 09/16/2021 0.0000 0.000000 176.52 0.00 0.00 PAID DOWN PAR VALUE OFGN MA#711168 4.500% 2/15/25 AUGUST GNMA DUE 9/15/21 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 CASH RECEIPT INTEREST DUE 8/15/21 INT PYMT 3128MENS6 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS AMORTIZED PREMIUM ON FHLMC 00 015601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FHLMC GD G15601 2.500% 1/01/29 01 PV ON 73.1200 SHARES DUE 9/15/2021 9/15/21 PYMT PAID DOWN PAR VALUE OF F H L M C 00 015601 2.500% 1/01/299/15/21 PYMT PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% 1/16/39 38376T5Z1 INTEREST EARNED ON GNMA GTD REMIC 3.000% 1/16/39 $1 PV ON 139.6500 SHARES DUE 9/16/2021 00.00250/PV ON 55,861.27 PV DUE 9/16/21 38376TSZ1 AMORTIZED PREMIUM ON GNMA GTD REMIC 3.000% 1/16/39 CURRENWV411,AMORTIZATION 5254 -1,303.2500 0.000000 1,303.25 -1,322.45 0.00 0.0000 0.000000 -938.95 0.00 0.00 0.00 -19.20 0.00 256350018 RCTC 2013A&B TOLL BDS SU8 RSV FD 09/16/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 09/16/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 3128MENS6 0.0000 0.000000 -73.12 0.00 0.00 0.00 0.0000 0.000000 -367.08 0.00 0.00 0.00 0.0000. 0.000000 367.08 0.00 0.00 0.00 0.0000 0.000000 0.00 -1.47 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 3128MENS6 0.0000 0.000000 73.12 0.00. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 09/15/2021 09/16/2021 3128MENS6 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 09/16/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 09/16/2021 09/16/2021 38376T5Z1 -938.9500 0.000000 938.95 -983.00 -1,589.1200: 0.000000. 1,589.12. -1,642.62 0.0000 0.000000 0.0000. 0.000000 139.65 0.00 -44.05 -53.50 0.00 0.00 0.00 0.00 0:00. -39,58 0.00 0.00 Page 37 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account 77ansacti ` ... b' ' :. i'' ' CUSII' Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Units Price Amount Amount Gain/Loss Amount Amount -2,069.2300 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 09/16/2021 09/16/2021 09/16/2021 09/16/2021 38376V2E6 PAID DOWN PAR VALUE OF GNMA GTD REMIC 4.000% 7/16/39 INTEREST EARNED ON G N MA GTD REMIC 4.000% 7/16/39 $1 PV ON 214.5800 SHARES DUE 9/16/2021 $0.00333/PV ON 64.374.65 PV DUE 9/16/21 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 0.0000 0.000000 0.00 7/16/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% -157.0900 0.000000 157.09 -150.20 0.00 6.89 10/16/41 INTEREST EARNED ON G N MA GTD REMIC 1.400% 0.0000 0.000000 12.85 0.00 0.00 0.00 10/16/41 $1 PV ON 12.8500 SHARES DUE 9/16/2021 00.00117/PV ON 11,012.82 PV DUE 9/16/21 PAID DOWN PAR VALUE OF G N MA GTD REMIC 2.500% -3,741.5500 0.000000 2/16/41 INTEREST EARNED ON G N MA GTD REMIC 2.500% 0.0000 0.000000 2/16/41 $1 PV ON 6397.4300 SHARES DUE 8/16/2021 0.000000 2,069.23 38376V2E6 38376V2E6 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 09/16/2021 09/16/2021 38378KWU9 0.0000 0.000000 214.58 2.122.93 0.00 0.00 0.00 -53.70 0.00 -33.50 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/16/2021 38378KWU9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/17/2021 09/16/2021 09/17/2021 38379JM99 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/17/2021 38379JM99 3,741.55 -3,743.85 -2.30 0.00 -3,754.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/17/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 13.3300 SHARES DUE 9/16/2021 $0.00208/PV ON 3.741.55 PV DUE 9/16/21 0.0000 0.000000 13.33 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/17/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.06 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MEK2 AMORTIZED PREMIUM ON G N M A I I #MA0138 2500% 6/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -174.23 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MEK2 INTEREST EARNED ON G N M A I I #MA0138 2.500% 6/20/27 $1 PV ON 147.5200 SHARES DUE 9/20/2021 P & 1 DUE 09/20/21 0.0000 0.000000 147.52 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A I I #MA0138 2500% 6/20/27 P & I DUE 09/20/21 -2341.3100 0.000000 2,341.31 -2,389.45 0.00 -48.14 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MU24 AMORTIZED PREMIUM ON G N M A II #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.70 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179M824 INTEREST EARNED ON G N M A 11 #MA0601 2.500% 12/20/27 $1 PV ON 85.6400 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 85.64 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179M824 PAID DOWN PAR VALUE OF G N M A I I #MA0601 2.500% 12/20/27 AUGUST GNMA DUE 9/20/21 -1,2.63.5500 0.000000 1,263.55 -1,298.79 0.00 -35.24 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179M832 AMORTIZED PREMIUM ON G N M A I I #M406023.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 42.76. 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MU32 INTEREST EARNED ON G N M A 11 #MA0602 3.000% 12/20/27 $1 PV ON 188.2900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 188.29 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/502.1, 09/2D/ 121, 09/20/2021 36179M032 PAID DOWN PAR VALUE OF G N M A I I #MA06023.000% 12/20/27 AUGUST GNMA DUE 9/20/21 -2241.5900 0000000 2,241.59 -2,32"2.318 0.00. -80.79 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MZV5 AMORTIZED PREMIUM ON G N M A II #MA0756 2.500% 2/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -45.02 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179MZV5 INTEREST EARNED ON G N M A I I #MA0756 2.500% 2/20/28 $1 PV ON 116.1000 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 11610 OLIO' 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179MZV5 PAID DOWN PAR VALUE OF G N M A I I #MA0756 2.500% 2/20/28 AUGUST GNMA DUE 9/20/21 -1,446.8000 0.000000 1,446.80 -1,487.51 0.00 -40.71 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NAH1 AMORTIZED PREMIUM ON G N M A I I #MA0908 25004 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 Oft 00055. 0.00 -129.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NAH1 INTEREST EARNED ON G N M A 11 #MA0908 2.500% 4/20/28 $1 PV ON 268.9300 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 268.93 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179NAH1 PAID DOWN PAR VALUE OF G N M A I I #MA0908 2500% 4/20/28 AUGUST GNMA DUE 9/20/21 -4,638.3000 0.000000 4,638.30 -4,801.28 -162.98 0.00 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A II #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -31.37 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NAJ7 INTEREST EARNED ON G N M A 11 #MA0909 3.000% 4/20/28 $1 PV ON 70.4700 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 70.47 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A 11 #MA0909 3.000% 4/20/28 AUGUST GNMA DUE 9/20/21 -1,007.6600 0.000000 1,007.66 -1,046.07 0.00 -38.41 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A I I #M411343.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 000 103.17 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NHK7 INTEREST EARNED ON G N M A I I #MA1134 3.000% 7/20/28 $1 PV ON 201.5700 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 201.57 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #MA11343.000% 7/20/28 AUGUST GNMA DUE 9/20/21 -1;871.5200 0000000 1,871.52 -1,955.10 -83.58 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NKP2 AMORTIZED PREMIUM ON 5 N M A II #M41202 2500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -73.54 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 181.1600 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 181.16 0.00 0.00 0.00 385 Page 38 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Transaction Date Trade Date Settlement Date CUSIP Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Lnits Price Amount Amount Gain/Loss Amount Amount -2879.7900 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N MA II #MA1202 2.500% 0/20/28 AUGUST GNMA DUE 9/20/21 361798F06 AMORTIZED PREMIUM ON GNMA 11 #MA2864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.000000 2,879.79 -2,969.84 0.0000 0.000000 0.00 -12.84 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179RFD6 INTEREST EARNED ON G N M A I I #MA2864 3.000% 6/20/30 0.0000 0.000000 $1 PV ON 39.5900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 361799F06 2563 50 01 8 RCTC 2013 AO TOLL BDS SUB RSV FD 09/20/2021 36179RHM4 39.59 0.00 -34.74 0.00 0.00 -55.31 0.00 0.00 PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% -526.4100 0.000000 526.41 -544.82 0.00 -18.41' 6/20/30 AUGUST GNMA DUE 9/20/21 AMORTIZED PREMIUM ON G N M A 11 #MA2936 3.500% 0.0000 0.000000 0.00 86.95 0.00 0.00 7/20130 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179RHM4 INTEREST EARNED ON G N M A 11 #MA2936 3.500% 7/20/30 0.0000 0.000000 216.27 0.00 0.00 0.00 $1 PV ON 216.2700 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179RHM4 PAID DOWN PAR VALUE OF G N MA 11 #MA2936 3.500% -2331.4300 0.000000 2331.43 -2,439.80 -108.37 0.00 7/20/30 AUGUST GNMA DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179TF83 AMORTIZED PREMIUM ON GNMA II #MA4691 3.500% 0.0000 0.000000 0.00 -78.44 0.00 0.00 9/20/32 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36179TF83 INTEREST EARNED ON G N M A I I #MA4691 3.500% 9/20/32 0.0000 0.000000 203.57 0.00 0.00 0.00 $1 PV ON 203.5700 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36179TF83 PAID DOWN PAR VALUE OF GNMA 1 I #MA4691 3.500% -1,804.0100 0.000000 1,804.01 -1,897.38 -93.37 0.00 9/20/32 AUGUST GNMA DUE 9/20/21 2563 50 01 8 RCTC 2013 AO TOLL BDS SUB RSV FD 09/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A 11#005276 3.000% 0.0000 0.000000 0.00 -49.89 0.00 0.00 1/20/27 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36202F2H8 INTEREST EARNED ON G N M A I I #005276 3.000% 1/20/27 0.0000 0.000000 271.06 0.00 0.00 0.00 $1 PV ON 271.0600 SHARES DUE 9/20/2021 P & I DUE 09/20/21 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A I I #005276 3.000% -4,269.9200 0.000000 4,269.92 -4,327.72 0.00 -57.80 1/20/27 P & I DUE 09/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36202F3H7 AMORTIZED PREMIUM ON G N M A 1 I #005300 3.000% 0.0000 0.000000 0.00 -77.93 0.00 0.00 2/20/27 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 36202F3H7 INTEREST EARNED ON G N M A I I #005300 3.000% 2/20/27 0.0000 0.000000 157.38 0.00 0.00 0.00 $1 PV ON 157.3800 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 36202F3H7 PAID DOWN PAR VALUE OF GNMA 1 1 #005300 3.000% -2,000.7700 0.000000 2000.77 -2,071.72 -70.95 0.00 2/20/27 AUGUST GNMA DUE 9/20/21 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38376TTT9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 0.0000 0.000000 56.79 0.00 0.00 0.00 11/20/39 $1 PV ON 56.7900 SHARES DUE 9/20/2021 $0.00250/PV ON 22.714.88 PV DUE 9/20/21 38376TTT9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/ /2021', 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38376TTT9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38376WA62 256350018 RCTC 2013 A&B TOLL EMS SUB RSV FD 09/20/2021 38376WA62 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38376WA62 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 .0.000000 0.00 -4:60 0.00. 0.00 11/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000 % -746.5900 0.000000 746.59 -758.57 0.00 -11.98 11/20/39 INTEREST EARNED ON GNMA GTD REMIC 4.000% 10/20/39 $1 PV ON 173.4700 SHARES DUE 9/20/2021 S0.00333/PV ON 52041.75 PV DUE 9/20/21 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 0.0000 0.000000 0.00 -30.58 0.00 0.00 10/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 4.000 % •2;072.4600 0 11'. 207246 - 141 7 h00 -68.84 10/20/39 INTEREST EARNED ON GNMA GTD REMIC 2.500% 12/20/39 $1 PV ON 53.2100 SHARES DUE 9/20/2021 $0.00208/PV ON 25,542.81 PV DUE 9/20/21 0.0000 0,000000 173.47 0,0.01 0.00' 0.00 0.0000 0.000000 53.21 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 38377LFC7 AMORTIZED PREMIUM ON GNMA GTD REMIC 2.500% 0.0000 0.000000 0.00 -4.32 0.00 0.00 09/20/2021 09/20/2021 09/20/2021 38377LFC7 12/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF GNMA GTD REMIC 2.500% -3,999.5100 0.000000 3,999.51 -4,036.25 -36.74 0.00 12/20/39 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 383770019 INTEREST EARNED ON G N M A GTD REMIC 3.000% 0.0000 0.000000 44,33 0.00 0.00 0.00 8/20/40 $1 PV ON 44.3300 SHARES DUE 9/20/2021 S0.00250/PV ON 17.732.15 PV DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 383770KH9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 0.000000 0.00 -3.61 0.00 0.00 8/20/40 CURRENT YEAR AMORTIZATION 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% -1,247.3300 0,000050' 1,347 33 1,261.72 0.00 -14.39 8/20/40 _.. _._ 2563 50 01 8 RCTC 2013 A&B TOLL BD5 SUB RSV FD 09/20/2021 38377RVK8 INTEREST EARNED ON G N M A GTD REMIC 3.000% 0.0000 0.000000 133.92 0.00 0.00 0.00 4/20/39 $1 PV ON 133.9200 SHARES DUE 9/20/2021 $0.00250/PV ON 53,569.23 PV DUE 9/20/21 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021, 38377RVK8 AMORTIZED PREMIUM ON GNMA GTD REMIC 3.000% 4/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% 4/20/39 0.0000 0.000000 5.00' -19.72. 0.00 0.00 256350018 RCTC 2013 A88 TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 3837790K8 -3,244.5100 0.000000 3,244.51 -3,308.83 -64.32 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38377YTL4 INTEREST EARNED ON GNMA GTD REMIC 2.000% 0.0000 0.000000 5/20/40 $1 PV ON 87.8100 SHARES DUE 9/20/2021 S0.00167/PV ON 52.688.62 PV DUE 9/20/21 87.01 0.00' 0.00 0.00 386 Page 39 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Transacts i'1 • CUSIP Description Gaits -2,767.3600 Price Net Cash Federal Tax Cost Short Term Amount Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 09/20/2021 38377YTL4 PAID DOWN PAR VALUE OF G N MA GTD REMIC 2.000% 5/20/40 INTEREST EARNED ON G N MA GTD REMIC 3.000% 10/20/26 $1 PV ON 144.2300 SHARES DUE 9/20/2021 $0.00250/PV ON 57.690.54 PV DUE 9/20/21 AMORTIZED PREMIUM ON G N MA GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% 10/20/26 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20142 $1 PV ON 212.8900 SHARES DUE 9/20/2021 50.00167/P0 ON 127.73293 PV DUE 9/20/21 PAID DOWN PAR VALUE OF G N MA GTD REMIC 2000% 7/20/42 AMORTIZED PREMIUM ON 0 N M A GTO REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.000000 38378AU90 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378AU90 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 303784090 0.0000 0.000000 2,767.36 144.23 -2.733. 63 0.00 0.00 0.00 33.73 0.00 0.0000 0.000000 -3,906.4500 0.000000 0.00 3,906.45 -35.50 3,969,6/ 0.00 0.00 0.00 -63.43 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378FRB8 0.0000 0.000000 212.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38378FRB8 256350018 RCTC 2013 450 TOLL BDS SUB RSV FD 09/20/2021 38378HAU0 -4,070.3000 0.000000 4,070.30 -4,010.52 0.00 59.78 0.0000 0.000000 0.00 -27.94 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 73.0500 SHARES DUE 9/20/2021 $0.00125/PV ON 58436.08 PV DUE 9/20/21 0.0000 0.000000 73.05 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38378HAU0 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC 1.500% -2,075.5700 0.000000 2,075.57 -2,104.24 -28.67 0.00 8/20/27 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378JZ07 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 26.9600 SHARES DUE 9/20/2021 $0.00125/PV ON 21,570.73 PV DUE 9/20/21 0.0000 0.000000 26.96 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% -900.1100 0.000000 900.11 -888.86 0.00 11.25 12/20/40 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378TAF7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 7/20/41 $1 PV ON 139.1000 SHARES DUE. 9/20/2021 00.00208/90 ON 66,768.43 PV DUE 9/20/21 0.0000 0.000000 139.10 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/20/2021 38378TAF7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 7/20/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.39 0.00 0.00 256350018 RCTC 2013 A80 TOLL BDS SUB RSV FD 09/20/2021 09/20/2021 09/20/2021 38378TAF7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 7/20/41 -1;950.6600 0.000000. 1,950.66 -1;952.91 0.00 -2-25 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS _ 0.0000 0.000000 -20,822.10 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 21822.10 0.00'. 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313248501 AMORTIZED PREMIUM ON F H L M C #ZS8063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -152.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313248591 INTEREST EARNED ON F H L M C #Z08063 2.500% 9/01/32 $1 PV ON 4025400 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 402.54 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132A85Y1 PAID DOWN PAR VALUE OF F H L M C #ZS8063 2.500% 9/01/32 AUGUST FHLMC DUE 9/25/21 -5,957.6200 0.000000 5,957,62 -6,214.43 0.00 -256.81 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132A8GL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 10000' 0.000000 0,00' -114.01 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132A80L7 INTEREST EARNED ON F H L M C #ZS7403 3,000% 5/01/31 $1 PV ON 223.7400 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 223.74 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132600L7 PAID DOWN PAR VALUE OF F H L M 0 #257403 3.000% 5/01/31 AUGUST FHLMC DUE 9/25/21 25545300 0.000000 2554.53 -2705.38 -150.85. 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313249T64 AMORTIZED PREMIUM ON F H L M C #ZS8673 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -99.67 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313249764 INTEREST EARNED ON F H L M C #Z08673 3.000% 10/01/32 $1 PV ON 303.2400 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 303.24 0.00 0.00 0.00 256350018 2563 50 01 8 RCTC 2013 A50 TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 313249T64 PAID DOWN PAR VALUE OF F H L M 0 #ZS8673 3.000% 10/01/32 AUGUST FHLMC DUE 9/25/21 -4,201.2400 0.000000 4,201.24 -4,380.05 0.00 -178.81 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -242.92 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 437.8900 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 437.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132AEF68. PAID DOWN PAR VALUE OF F -1 L M 0 #ZT1989 3.500% 1/01/33 AUGUST FHLMC DUE 9/25/21 -3,404.0500 0000000 3,404,05 -3,661.14 -257.09 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -554.05 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/.2031. 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 1108.0600 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0000000 1,108.06 000. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% 11/01/30 AUGUST FHLMC DUE 9/25/21 -9,213.6500 0.000000 9,213,65 -9,759.39 -545.74 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/2713 31326EFK7 AMORTIZED PREMIUM ON FHLMC #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -126.76 0.00' 0.00 387 Page 40 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - rade fate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSIP Description Units 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33 0.0000 $1 PV ON 234.9700 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 Price 0.000000 Net Cash Amount 234.97 Federal Tax Cost Short Term Amount Gain/Loss Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 Account Account 1 ra',section bate 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 09/27/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132AEFK7 PAID DOWN PAR VALUE OF F H L M C #ZT1970 3.500% 4/01/33 AUGUST FHLMC DUE 9/25/21 -2049.4300.. 0.000000. 2049.43 -2202.13 -152.70 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313209093 AMORTIZED PREMIUM ON F H L M 0 #500096 3.000% 10/01/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -272.87 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 09/27/2021 313209C93 INTEREST EARNED ON F H L M 0 0000096 3.000% 10/01/40 $1 PV ON 458.0100 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 00000 0000000 458.01 000 0.00 000 256350018 RCTC 2013 A08 TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3132D9093 PAID DOWN PAR VALUE OF F H L M C #SC0096 3.000% 10/01/40 AUGUST FHLMC DUE 9/25/21 -3,463.9700 0.000000 3,463.97 -3,676.17 -212.20 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/15/2021 09/27/2021 3132WSF97 PAID DOWN PAR VALUE OF F H L M C GD WA1102 1.920% 12/01/289/25/21 PYMT -165.1000 0.000000 165.10 -172.46 -7.36 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132WSF97 AMORTIZED PREMIUM ON F H L M C GD WA1102 1.920% 12/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -90.51 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3132WSF97 INTEREST EARNED ON F H L M C GD WA1102 1.920% 12/01/28 $1 PV ON 198.9600 SHARES DUE 9/15/2021 9/25/21 PYMT 0.0000 0.000000 198.96 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349%. 5/25/22 $1 PV ON 80374.3300 SHARES DUE 9/25/2021 PENALTY PAYMENT 0.0000 0.000000 5.60 0.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/27/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 157.3600 SHARES DUE 9/25/2021. $0.00196/PV ON 80.374.33 PV DUE 9/25/21 0.0000, 0.000000 157.36' 0.00 0.00 080 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/27/2021 3136A7MN9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.11 0.00 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 09/27/2021 09/25/2021. 09/27/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.349% 5/25/22 8,175.0200. 0000000 0,175.02 8,191.91 0.00 -16:89 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136A8SX9 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 $1 PV ON 53.3800 SHARES DUE 9/25/2021 $0.00125/PV ON 42.707.93 PV DUE 9/25/21 0.0000 0.000000 53.38 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136A8009 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.33 0.00 0.00 2 563 50 01 8 RCTC 2013 068 TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 313648S09 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -1,339.2800 0.000000 1,339.28 -1,359.77 -20.49 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 $1 PV ON 86.6000 SHARES DUE 9/25/2021 $0.00167/PV ON 51.959.43 PV DUE 9/25/21 0.0000 0.000000 86.60 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -17.45 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -2017.2100 0.000000 2,017.21 2052.41 -35.20 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/23 $1 PV ON 39.7200 SHARES DUE 9/25/2021 $0.00125/PV ON 31.773.01 PV DUE 9/25/21 0.0000 0.000000 39.72 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3136ADFF1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 4/25/23 -3;390.6500 0.000000 3,390.65 -3,341.91 0.00 48.74 256350018 256350018 RCTC 2013 468 TOLL BDS SUB RSV FD 09/27/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.23 0.00 0.00 RCTC 2013 468 TOLL BDS SUB RSV FD 09/27/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 115.5200 SHARES DUE 9/25/2021 $0.00104/PV ON 110.903.08 PV DUE 9125/21 0.0000 0.000000 115.52 0.00: 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -3,145.0200 0.000000 3,145.02 -3,176.41 -31.39 0.00 256350018 RCTC 2013 A58 TOLL BDS SUB RSV FD 09/27/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1.750%. 7/25/28 51 PV ON 70.9900 SHARES DUE 9/25/2021 $0.00146/PV ON 48.677.25 PV DUE 9/25/21 00000 0000000 70.99 0.00. 0.00 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31364E1,84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -25.15 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -1,016.0000 0.000000 1,016.00 -1,033.05 -17.05. 0.00 2 563 5001 8 RCTC 2013 458 TOLL BDS SUB RSV FD 09/27/2021 3136AHAEO INTEREST EARNED ON F N M A GTD REMIC 2.623% 4/25/23 $1 PV ON 74.3800 SHARES DUE 9/25/2021 $0.00220/PV ON 33,888.09 PV DUE 9/25/21 0.0000 0.000000 74.38 0.00 0.00 0.00 256350018 RCTC 2013 458 TOLL BDS SUB RSV FD 09/27/2021 3136AHAEO AMORTIZED PREMIUM ON F N M A GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.97 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3136AHAEO PAID DOWN PAR VALUE OF FNMA GTD REMIC 2.623% 4/25/23 INTEREST EARNED ON FNMA GTD REMIC 2000% 11/25/31 51 PV ON 129.7300 SHARES DUE 9/25/2021 $0.00167/PV ON 77,837.10 PV DUE 9/25/21 -53.2800 0.000000 53.28 -53.49 0.00 256350018. RCTC 2013 An TOLL BDS SUB RSV FD 09/27/2021 3136AQZK9 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 0.0000 0.000000 129.73 0.00 3136AQZK9 AMORTIZED PREMIUM ON FNMA GTD REMIC 2.000% 0.0000 0.000000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 59/27/2021 09/25/2021 09/27/2021 3136AQZK9 11/25/31 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FNMA GTD REMIC 2000% -1,968.0900 0.000000. 11/25/31 388 0.00 -53.34 0.00 -0.21 0.00 0.00 0.00 1,968.09;. -2022.21 -54.12 0.00 Page 41 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350018 RCTC 2013 458 TOLL BDS SUB RSV FD 1 ransaclion Date 09/27/2021 I rade Date 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSIP Description Units 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 0.0000 5/25/22 $1 PV ON 624.6100 SHARES DUE 9/25/2021 $0.00210/PV ON 297303.70 PV DUE 9/25/21 Price 0.000000 Net Cash Amount Federal Tax Cost Short Amount Gain/Loss Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 624.61 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137ATRW4 AMORTIZED PREMIUM ON F H L M C MULTICLA 2.373% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000: 0000000. 0.00 -72.55 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -6,923.6300 0.000000 6,923.63 -6,966.69 -43.06 256350018 RCTC 2013 A50 TOLL BDS SUB RSV FD 09/27/2021 3137AWQG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 109.6100 SHARES DUE 9/25/2021 $0.00132/PV ON 83,089.81 PV DUE 9/25/21 0.0000 0.000000 109.61 0.00 0.00 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137AWQG3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -9,953.8200 0.000000 9,953.82 -9,843.40 0.00 110.42 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137AXHN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -5,647.4200 0.000000 5,647.42 -5,652.50 -5.08 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 14.8000 SHARES DUE 9/25/2021 $0.00146/PV ON 10,155.53 PV DUE 9/25/21 0.0000 0.000000 14.80 0.00 0.00 0.00 256350018 RCTC 2013 An TOLLBDS SUB RSV FD 09/27/2021 3137AXHN6 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.749% 2/25/22 CURRENT YEAR AMORTIZATION 0.0000.. M000000. 0.00. -3.16 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137AXHP1 INTEREST EARNED ON F H L M C MLTCL MT 6.22428% 9/25/22 $1 PV ON 150000.0000 SHARES DUE 9/25/2021 0.0000 0.000000 321.63 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313781 BS0 INTEREST EARNED ON F H L M C MLTCL MT 2.51004% 11/25/22 $1 PV ON 1349.1500 SHARES DUE 9/25/2021 $0.00209/PV ON 645,000.00 PV DUE 9/25/21 0.0000 0.000000 1,349.15 0.00 0.00 0.00 256350018 RCTC 2013 A&8 TOLL BDS SUB RSV FD 09/27/2021 313781 U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 632.8000 SHARES DUE 9/25/2021 $0.00210/PV ON 301,091.40 PV DUE 9/25/21 0.0000 0.000000 632.80 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313781U75 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.22404% 1/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -69.12 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 313781 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -970.7700 0.000000 970.77 -974.37 0.00 -3.60 256350018 RCTC 2013A&B TOLL EDS SUB RSV FD 09/27/2021 313781 UG5 INTEREST EARNED ON F H L M C MLTCL MTG 2.637% 1/25/23 51 PV ON 439.5000 SHARES DUE 9/25/2021 $0.00220/PV ON 200 000.00 PV DUE 9/25/21 0.0000 0.000000 439.50 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/27/2021 09/25/2021 09/27/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2778% 9/25/22 -1,378.5500 0.000000 1,378.55 -1,391.86 -13.31 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2778% 9/25/22 $1 PV ON 42.1900 SHARES DUE 9/25/2021 $0.00232/PV ON 18,222.71 PV DUE 9/25/21 0.0000 0 000500 42.191 0,00 0.00 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137B3NW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.778% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.94 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313787Y01 INTEREST EARNED ON F H L M C MLTCL MTG 2.592% 4/25/23 $1 PV ON 253.4700 SHARES DUE 9/25/2021 $0.00216/PV ON 117347.34 PV. DUE 9/25/21 00000 --0800000 253:47 0:00 0.00: 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313787101 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.592% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -106.70 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137B7YX1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2592% 4/25/23 -5,696.7200 0000000 5,696.72 -3'71063 -96.91 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 200000.0000 SHARES DUE 9/25/2021 0.0000 0.000000 461.66 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31378LAC2 INTEREST EARNED ON F H L M C MLTCL MT 3.28404% 6/25/25 $1 PV ON 410.5000 SHARES DUE 9/25/2021 $0.00274/PV ON 150.000.00 PV DUE 9/25/21 0.0000 0.000000 410.50 0.00 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09✓27/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 513.8000 SHARES DUE 9/25/2021 $0.00234/PV ON 220,044.54 PV DUE 9/25/21 0.0000 0.000000 513.80 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -242.50 000 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BUS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2802% 1/25/25 -4,546.7700 0.000000 4,546.77 -4,743.65 -196.88 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BM6P6 INTEREST EARNED ON F H L M C MLTCL MT 3.090% 8/25/22 01 PV ON 491.2600 SHARES DUE 9/25/2021 $0.00258/PV ON 190,779.81 PV DUE 9/25/21 0.0000 0.000000 491.26 0.00 0.00 0.00 256350018 2563 50 01 8 RCTC 2013 458 TOLL BDS SUB RSV FD 09/27/2021 31378M6P6 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.090% 8/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -139.94 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137BM6P6. PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.090% 8/25/22 -322.4000 0.000000 32240 -329.13 0.00 -6.73 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BP4K2 INTEREST EARNED ON F H L M C MLTCL MTG 2.849% 3/25/26 $1 PV ON 474.8400 SHARES DUE 9/25/2021 $0.00237/PV ON 200,000.00 PV DUE 9/25/21 0.0000 0.000000 47484 000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BSRZ8 INTEREST EARNED ON F H L M C MLTCL MTG 2838% 9/25/22 $1 PV ON 170.2500 SHARES DUE 9/25/2021 $0.00347/PV ON ,,,,luj1.31 PV DUE 9/25/21 0.0000 0000000 170.23 0.00 0.00 0.00 Page 42 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Accounl Account Transaction Date Trade Date 91 CIP STAMP Quarter t�,:��^r•:nt Date CUSII' Portfolio Transaction Report by Account ended September 30, 2021 Description Lnits AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.838% 0.0000 9/25/22 CURRENT YEAR AMORTIZATION Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Amount Gain/Loss -25.40 -4,815.52 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 -30.32 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/27/2021 09/25/2021 3137BSRZ8 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BSRZ8 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.838% 9/25/22 -4,785.2000 0.000000 4,785.20 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BV274 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 744.9800 SHARES DUE 9/25/2021 $0.00254/PV ON 293,587.29 PV DUE 9/25/21 0.0000 0.000000 744.98 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -288.97 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137BVZ74 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.045% 8/25/26 -2,030.0400 0.000000 2,030.04 -2,146.19 0.00 -116.15 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137130PQ7 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 526.4100 SHARES DUE 9/25/2021 $0.00242/PV ON 217,451.94 PV DUE 9/25/21 0.0000 0.000000 526.41 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 313780P07 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -367.67 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 313780PQ7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 -229.9500 0.000000 229.95 -242.14 -1219 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD RCTC 2013 A8B TOLL BDS SUB RSV FD 09/27/2021 3137F4CY6 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 462.3300 SHARES DUE 9/25/2021 $0.00243/PV ON 190,000.00 PV DUE 9/25/21 0.0000 0.000000 462,33 0.00 0.00 0.00 256350018. 09/27/2021 3137F4D41 INTEREST EARNED ON F H L M C MLTCL MT 0.24996%. 1/25/28 $1 PV ON 450.0000 SHARES DUE 9/25/2021 $0.00300/PV ON 150,000.00 PV DUE 9/25/21 0.0000 0.000000 450.00 0.00'. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FBA82 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 $1 PV ON 329 1200 SHARES DUE 9/25/2021 $0.00253/PV ON 130000 00 PV DUE 9/25/21 0.0000 0.000000 329.12 0.00 0.00 0.00 256350018. RCTC 2013 A&B TOLL 800 SUB RSV FD 09/27/2021 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 8/25/27 $1 PV ON 546.8400 SHARES DUE 9/25/2021 $0.00273/PV ON 200,000.00 PV DUE 9/25/21 00000 0.000000 546.84 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137FCM35 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.952% 2/25/24 -1,369.3700 0.000000 1,369.37 -1,397.83 -28.46 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FO 09/27/2021 3137FCM35 INTEREST EARNED ON F H L M C MLTCL MTG 2.952% 2/25/24 $1 PV ON 203 4000 SHARES DUE 9/25/2021 50,00246/P0 ON 82,710.25 PV DUE 9/25/21 0.0000 0.000000 203.40 0.00'. 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FCM35 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2 952% 2/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -103.18 0.00 0.00 256350018 RCTC 2013 A&B TOLLBDS SUB RSV FD 09/27/2021 3137FL6P4 __- INTEREST EARNED ON F H L M C MLTCL MT 0.62136% 1/25/29 $1 PV ON 81 6.5300 SHARES DUE 9/25/2021 $0.00297/PV ON 275 000,00 PV DUE 9/25/21 0.0000 0.000000 816.53 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FM566 INTEREST EARNED ON F H L M C MLTCL MT 2.283% 5/25/26 $1 PV ON 392.6600 SHARES DUE 9/25/2021 $0.00560/PV ON 70,138.06 PV DUE 9/25/21 0.0000 0.000000 392.66 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FMD66 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.283% 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 000 -53.63 0.00. 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137FMD66 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.283% 5/25/26 -3,916.8600 0.000000 3,916.86 -4,082.08 0.00 -165.22 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FNAD2 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 318.0300 SHARES DUE 9/25/2021 S0.00219/PV ON 145,051.77 PV DUE 9/25/21 0.0000 0.000000 318.03 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.87496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.43 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09125/2021 09/27/2021 3137FNAD2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.87496% 11/25/28 -185.4700 0.000000 185.47 -188.34 0.00 -287 256350018 RCTC 2013 AN TOLL BDS SUB RSV FD 09/27/2021 3137FPJF3 INTEREST EARNED ON F H L M C MLTCL MT 2.258% 6/25/29 $1 PV ON 363 0300 SHARES DUE 9/25/2021 $0.00188/PV ON 192,929.05 PV DUE 9/25/21 0.0000 0.000000 363.03 0.00 0.00 0.00 256350018. RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FPJF3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.258% 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 7.85 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.258% 6/25/29 -410.0900 0.000000 410.09 -411.62 0.00 -1.53 256350018 RCTC 2013 A&B TOLL BDS 000 RSV FD 09/27/2021 09/25/2021 09/27/2021 3137FPJP1 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.21604% 7/25/29 -381.4100 0.000000 381:41 -400,25 -18.84 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FPJP1 INTEREST EARNED ON F H L M C MLTCL MT 2.21604% 7/25/29 $1 PV ON 177.5700 SHARES DUE 9/25/2021 $0.00186/PV ON 95,557 61 PV DUE 9/25/21 0.0000 0.000000 177.57 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FPJP1 AMORTIZED PREMIUM ON F H L M C MLTCL MT 221604% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0,00 -87.47' 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137F0397 INTEREST EARNED ON F H L M C MLTCL MT 2.51196% 7/25/29 $1 PV ON 353.5200 SHARES DUE 9/25/2021 $0.00183/PV ON 193,710.83 PV DUE 9/25/21 0.0000 0.000000 353.52 0.00 0.00 0.00 0.00 -0.12 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F13 09/27/2021 3137FQ3Y7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.51196% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0000000 0.00 -0.61 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137F5397 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.51196% 7/25/29 -399.9700 0.000000 399.97 -400.09 0.00 390 Page 43 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FWHY9 INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 130.5400 SHARES DUE 9/25/2021 $0.00069/PV ON 189.561 07 PV DUE 9/25/21 0.0000 0.000000 130.54 0.00 0.00 0.00 0.00 4.88 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3137FWHY9 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.82638% 9/25/30 -976.9100 0.000000 976.91 62.16 -972.03 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 62.1600 SHARES DUE 9/25/2021 $0.00021/PV ON 293619.05 PV DUE 9/25/21 0.0000 0.000000 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3137FYUR5 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.36 0.00 256350058, RCTC 2013 A&B TOLL BDS SUB RSV F13 09/27/2021 09/25/2021 09/27/2021 3137F5UR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.24996% 8/26/24 -11,441.22.00 0.000000 11,441.22 -11,444.38 -3.16 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.19 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 325.0700 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 325.07 0.00: 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 01 PV ON 127363 0000 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0.0000 0.000000 297.33 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 P & !DUE 09/25/21 -75,252.0700 0.000000. 75,252.07 -75,627.27 0.00. -375.20 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138EKXL4 AMORTIZED PREMIUM ON F N M A #AL3382 2.336% 3/01/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -5.38 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV F13 09/27/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 01 P5 ON 70.9100 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 70.91 0.00 0.00: 0:00 256350018. RCTC 2013 A&e TOLL BDS SUB RSV FD 09/27/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 35418.9100 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0.0000 0.000000 50.01 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & 1 DUE 09/25/21 -2,897.3900 0.000000 2897.39 -2901.30 0.00 -3.91 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138ENQD4 PAID DOWN PAR VALUE OF F N M A #AL5851 3.500% 10/01/29 AUGUST FNMA DUE 9/25/21 -1,516.4100 0.000000 1,516.41 -1,613.96 -97.55 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138ENQ04 AMORTIZED PREMIUM ON F N M A #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10462 .0.00. 0.00 256350018 _ RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138ENQD4 INTEREST EARNED ON F N M A #AL5851 3.500% 10/01/29 $1 PV ON 174.8900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 174.89 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 AUGUST FNMA DUE 9/25/21 -2080.9100 0.000000 2080.91 -2213.76 -13280. 0:00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -98.06 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500%11/01/30 $1 PV ON 180.7900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0:0000 0:000000 180.79 0:00 0:00. 0:00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 AUGUST FNMA DUE 9/25/21 -2264.3000 0.000000 2,264.30 -2426.43 -162.13 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION_ 0.0000 0.000000 0.00 -145.50 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 249.8900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 249.89 0.00 0.00 0.00 _ 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138L25205 PAID DOWN PAR VALUE OF F N M A #AM2254 3.010% 1/01/28 AUGUST FNMA DUE 9/25/21 -787.8100 0.000000 787,81 -824.38' 0.00 -36.57 256350018 _ 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138L2055 AMORTIZED PREMIUM ON F N M A #AM2254 3.010% 1/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -154.28 0.00 0.00 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138L2005 INTEREST EARNED ON F N M A #AM2254 3.010% 1/01/28 $1 PV ON 640.0000 SHARES. DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0,0000001 640,00 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2.550% 10/01/28 AUGUST FNMA DUE 9/25/21 -417.8000 0.000000 417.80 -429.35 0.00 -11.55 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #492905 2.550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -93.44. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138LFGP7 INTEREST EARNED ON F N M A #AN2905 2.550% 10/01/28 $1 PV ON 649.3200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 649.32 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #AS4860 2.500% 5/01/30 AUGUST FNMA DUE 9/25/21 -3,163.1300 0.000000 3,163.13 -3;303.14 -140.01 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/27/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #AS4860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -97.06 0.00 0.00 256350018 RCTC. 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2500% 5/01/30 $1 PV ON 204.2600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 204.26. 0.00 0.00 0.00 2563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3140J6FU6 PAID DOWN PAR VALUE OF F N M A #8M1978 3.000% 10/01/32 AUGUST.,„FaAA DUE 9/25/21 -1,694.2200 0.000000 1,694.22 -1,788.78 -94.56 0.00 Page 44 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350018 RCTC 2013 408 TOLL BDS SUB RSV FD 09/27/2021 3140J6FU6 AMORTIZED PREMIUM ON F N M A #8M1978 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 217.61 -93.79 0.00 -1,337.66 0.00 0.00 -75.36 0.00 0.00 0.00 0.00 0.00 0.00 256350018 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/27/2021 09/25/2021 3140J6FU6 INTEREST EARNED ON F N M A #BM1978 3.000% 10/01/32 $1 PV ON 217.6100 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 AUGUST FNMA DUE 9/25/21 -1,262.3000: 0.000000 1,262.30 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #8M3956 3.000%. 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -80.67 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3140J8ME0 INTEREST EARNED ON F N M A #5M3956 3.000% 12/01/32 $1 PV ON 176.1000 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000, 0.000000 176.10 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #BM6007 2.596% 6/01/49 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.97 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 09/27/2021 3140J4097 INTEREST EARNED ON F N M A #BM6007 2596% 6/01/49 $1 PV ON 97.3500 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 97.35 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3140J4097 PAID DOWN PAR VALUE OF F N M A #BM6007 2.596% 6/01/49 P & I DUE 09/25/21 -45.6900 0.000000 45.69 -47.42 0.00 -1.73 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 314004H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 AUGUST FNMA DUE 9/25/21 -4,558.6700 0.000000: 4,558&67' 478021 -221.54 0:00 256350018 RCTC 2013 A&B TOLL 800 SUB RSV FD 09/27/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -139.14 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 314004H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 319.4000 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0,000000 319.40, 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3140X7LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 AUGUST FNMA DUE 9/25/21 -11,442.7800 0.000000 11,442.78 -12,014.63 -571.85 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 09/27/2021 314057L56. AMORTIZED PREMIUM ON F N M A #FM3936 2500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 :0400000 0.00 -304.63 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/27/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 601.7700 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 601.77 0.00 0.00 0.00 256350018! RCTC 2013 A&B TOLL BDS SUB RSV FD 09/25/2021 09/27/2021 3140099K8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 AUGUST FNMA DUE 9/25/21 -6,782,7100: 0:000m0 6,78271 -7,219.63 -436.92; 0.00 256350018 RCTC 2013 408 TOLL BDS SUB RSV FD 09/27/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -228.00 0.00 0.00 256350018 RCTC 2013 AO TOLL BDS SUB RSV FD 09/27/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 525.2100 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000: 0,000000 525.21 0.00'. 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 31417YKF3 PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% -1,386.8600 0.000000 1,386.86 -1,474.75 -62.11 -25.78 1/01/30 AUGUST FNMA DUE 9/25/21 256350018'. RCTC 2013 A08 TOLL BDS SUB RSV FD 09/27/2021 31417YKF3. AMORTIZED PREMIUM ON F N M A #M40293 4.500% 1/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -74,55 0,00' 0.00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 $1 PV ON 157.3900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 157.39 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 AUGUST FNMA DUE 9/25/21 -7,930.4100 0:000000: 7,930:41 -830028 -369.87 0:00 256350018 RCTC 2013 408 TOLL 800 SUB RSV FD 09/27/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #M42803 2.500%. 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -201.02 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS sue RSV FD 09/27/2021 31418CDH4 INTEREST EARNED ON F N M A #M42803 2.500% 11/01/31 $1 PV ON 459.1100 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0,080000 459,11 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3141 8DQ47 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% -7,197.2900 0.000000 7,197.29 -7,426.83 -229.54 0.00 6/01/35 AUGUST FNMA DUE 9/25/21 256350018. RCTC 2013 A08 TOLL BDS sue RSV FD 09/27/2021 31418DQ47 AMORTIZED PREMIUM ON F N M A #M44074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -103.33 0001 am. 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31418D547 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 356.5700 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 356.57 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 314180V83 PAID DOWN PAR VALUE OF F N M A #MA4226 2000% 12/01/30 AUGUST FNMA DUE 9/25/21 -4,833.5600 0.000000: 4833.56 -5,019.70 -186.14 0.00 256350018 RCTC 2013 408 TOLL BDS SUB RSV FD 09/27/2021 31418DVU3 AMORTIZED PREMIUM ON F N M A #M44226 2.000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -142.37 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000% 12/01/30 $1 PV ON 293.5800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0,000000 293.58 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 3141 BDXHO PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% -4,243.3200 0.000000 4,243.32 -4,385.98 -142.66 0.00 3/01/36 AUGUST FNMA DUE 9/25/21 256350018. RCTC 2013 408 TOLL BDS sue RSV FD 09/27/2021 3141800HO AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 91.99 0:00 0.00 256350018 RCTC 2013 AO TOLL 000 SUB RSV FD 09/27/2021 31418DXHO INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 313.9200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 313.92 0.00 0.00 0.00 392 Page 45 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 09/27/2021 31418DYF3 Description PAID DOWN PAR VALUE OF F N M A #M54309 2.000% 3/01/31 AUGUST FNMA DUE 9/25/21 Units -4,191.9000 Price 0.000000 0.000000 0.000000 Net Cash Amount 4,191.90 0.00 462.89 Federal Tax Cost Short Amount Gain/Loss -4,333.19 Term Amount -141.29 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 Account Account Transaction Date ,. i'a. •'la e 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 -198.77 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 482.8900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.00 256350018 RCTC 2013 AN TOLL BDS SUB RSV FD 09/27/2021 09/25/2021 09/27/2021 314195M53 PAID DOWN PAR VALUE OF F N M A #AE0379 5.500% 8/01/24 AUGUST FNMA DUE 9/25/21 -2,948.1600 0.000000 2,948.16 -2,977.47 0.00 -29.31 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 31419AM53 AMORTIZED PREMIUM ON F N M A #AE0379 5.500% 8/01/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.03 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/27/2021 314195M53 INTEREST EARNED ON F N M A #AE0379 5.500% 8/01/24 $1 PV ON 95.4200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 95.42 0.00 0.00 0.00 256350018 RCTC 2013. A&B TOLL BDS SUB RSV FD 09/28/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,301.02 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2301.02 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 3134GWLL0 INTEREST EARNED ON F H L M C MTN 0.300% 9/28/23 $1 PV ON 315000.0000 SHARES DUE 9/28/2021 0.0000 0.000000 472.50 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 09/28/2021 09/28/2021 3134GWTL0 FULL CALL PAR VALUE OF F H L M C MTN 0.300% 9/28/23/CALLS/ -315,000.0000 1.000000 315,000.00 -314,952.75 0.00 47.25 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 3137AUPE3 INTEREST EARNED ON F H L M C MLTCL MT 2.396% 6/25/22 $1 PV ON 392.5800 SHARES DUE 9/25/2021 $0.00200/PV ON 196,613.76 PV DUE 9/25/21 0.0000 0.000000 392.58 0.09 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.396% 6/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -49.68 0.00 0.00 256350018 RCTC 2013A&B TOLL BDS SUB RSV FD 09/28/2021 09/25/2021 09/28/2021 3137AUPE3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.396% 6/25/22 -474.3200 643.849384 474.32. -477.49. 0.00 -3.17 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/28/2021 09/28/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 310.80 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 310.80 0.00 0.00 256350018! RCTC 2013 A&B TOLL BDS SUB RSV FD 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 77.70 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0:000000. 0:00 77.70 0.00 000 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/29/2021 0.0000 0.000000 -392.58 0.00 0.00 0.00 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/29/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 00000 0:000000 392.58 0.00 0.00'. 0:80 256350018 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/30/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,375.00 0.00 0.00 0.00 256350018 RCTC 2013 A50 TOLL BDS SUB RSV FD 09/30/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,375.00 0.00: 0.00 0,00 2 563 50 01 8 RCTC 2013 A&B TOLL BDS SUB RSV FD 09/30/2021 912828ZF0 INTEREST EARNED ON U S TREASURY NT 0.500% 3/31/25 $1 PV ON 1000000.0000 SHARES DUE 9/30/2021 0.0000 0.000000 2,500.00 0.00 0.00 0.00 256350018! RCTC 2013 A&B TOLL BDS SUB RSV FD 09730/2021 91282CAM3 INTEREST EARNED ON U 0 TREASURY NT 0.250% 9/30/25 $1 PV ON 700000.0000 SHARES DUE 9/30/2021 0.0000 0000000 875.00 0,00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/01/2021 31846V401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 6/30/2021 INTEREST FROM 6/1/21 TO 6/30121 0.0000 0.000000 1.99 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 07/01/2021 84249094C0 INTEREST EARNED ON SOUTHERN CA EDISON 0.89956% 4/01/24 $1 PV ON 160000.0000 SHARES DUE 7/1/2021 0.0000'. 0.000000 341,87 0.00 0.00. 000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/01/2021 07/01/2021 912828J43 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750% 2/28/22 0.0000 0.000000 -5,556.73 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/02/2021 07/02/2021 07/02/2021 26209AAE1 DISTRIBUTED PAR VALUE OF DRIVE AUTO 2.230% 1/16/24 VALUED AT 0.01 -0.0100 0.000000 0.00 -0.01 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/02/2021 07/02/2021 07/02/2021 38378PPK8 DISTRIBUTED PAR VALUE OF G N M A GTD REMIC 2.500% 11/20/38 VALUED AT 0.01 TO CLEAR SHS -0.0100 0.000000 0.00 -0.01 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/07/2021 149139208 INTEREST EARNED ON CATERPILLAR MTN 0.650% 7/07/23 $1 PV ON 200000.0000 SHARES DUE 7/7/2021 0.0000 0.000000 650.00 0.00 0.00 0.00 256350021 RCTC 2013 558 TOLL BDS RESIDUAL FD 07/12/2021 216880005 INTEREST EARNED ON COOPERATIEVE MTN 0.375% 1/12/24 $1 PV ON 285000.0000 SHARES DUE 7/12/2021 0.0000 0.000000 534.38 0.00 0.00 0.00 256350021 .RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/12/2021 89236THU2 INTEREST EARNED ON TOYOTA MOTOR MTN 0.450% 1./11/24 $1 PV ON 170000.0000 SHARES DUE7/11/2021 0.0000 0.000000 382.50 0.00'. 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/14/2021 07/14/2021 912828T67 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.250% 10/31/21 0.0000 0.000000 968.07 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/14/2021 912828167 ACCREDITED DISCOUNT ON U S TREASURY NT 1.250% 10/31/21 MARKET DISCOUNT 0.0000 0',0110000 0.00 2,348.68 0.00. 0.00 393 Page 46 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source rade'tate 07/13/2021 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date ('USIP Description (nits 07/14/2021 912028T67 SOLD PAR VALUE OF U S TREASURY NT 1.250% 10/31/21 -380,000.0000 /JPMSUS3X JP MORGAN SEC N01380,000 PAR VALUE AT 100.36718684 Price 1.003672 Net Cash .Amount 381,395.31 Federal Tax Cost Short Amount Gain/Loss -379.424.46 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 1,970.85 0.00 Account Account 'L ra ',section Date ' 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/14/2021 256350021 RCTC 2013.A&B TOLL BDS RESIDUAL FD 07/14/2021 07/14/2021 912828900 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750% 12/31/24 0.0000. 0.000000. -346.20 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/14/2021 912828YZ7 AMORTIZED PREMIUM ON U S TREASURY NT 1.625% 12/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1,723.86 0.00 0.00 256350021 RCTC 2013 458 TOLL BDS RESIDUAL FD 07/14/2021 07/13/2021 07/14/2021 912828027 SOLD PAR VALUE OF U S TREASURY NT 1.625% 12/31/21 /SOCIETE GENERALE 90/100,000 PAR VALUE AT 100.72656 -100,000.0000 1.007266 100,726.56 -100733.51 -6.95. 0.00 256350021 RCTC 2013 AM TOLL BDS RESIDUAL FD 07/14/2021 07/14/2021 912828YZ7 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.625%12/31/21 0.0000 0.000000 61.82 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -53.84 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 53.84 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 12596EAC8 INTEREST EARNED ON CNH EQUIPMENT TRUST 3.190% 11/15/23 $1 PV ON 200.4400 SHARES DUE 7/15/2021 $0.00266/PV ON 75,399.98 PV DUE 7/15/21 0.0000 0.000000 200,44 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 12596EAC8 AMORTIZED PREMIUM ON CNH EQUIPMENT TRUST 3.190% 11/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.87 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 12596EAC8 PAID DOWN PAR VALUE OF CNH EQUIPMENT TRUST 3.190% 11/15/23 -12,106.4300 0,000000 12,105.40. -12,176>10 0.00- -69.67 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 14041 NFUO INTEREST EARNED ON CAPITAL ONE MULTI 1.720% 8/15/24 $1 PV ON 143.3300 SHARES DUE 7/15/2021 $0.00143/PV ON 100,000.00 PV DUE 7/15/21 0.0000 0.000000 143.33 0.00 0.00 0.00 256350021 RCTC 2013 An TOLL BDS RESIDUAL FD 07/15/2021 14315XAC2 INTEREST EARNED ON CARMAX AUTO OWNER 1.890% 12/16/24 01 PV ON 60000.0000 SHARES DUE 7/15/2021 G0000 0.000000 94.50 0.00. 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 14315XADO INTEREST EARNED ON CARMAX AUTO OWNER 2.030%. 6/16/25 $1 PV ON 473.6700 SHARES DUE 7/15/2021 $0.00169/PV ON 280,000.00 PV DUE 7/15/21 0.0000 0.000000 473.67 0.00 0.00 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 00000 0,000000 0.00 -50,40 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 111.8900 SHARES DUE. 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 111.89 0.00 0.00 0.00 256350021 RCTC 2013 A&8 TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F 9 L M 0 G5018586 2.500% 2/01/31 JUNE FHLMC DUE 7/15/21 1,669.6600 0:000000 1,669.66 -1,748.47 78.81 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 31307NTZ7 PAID DOWN PAR VALUE OF F H L M C GD J32368 2.500% 11/01/28 JUNE FHLMC DUE 7/15/21 -5,355.7800 0.000000 5,355.78 -5,579.37 -223.59 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 31307NTZ7 AMORTIZED PREMIUM ON F H L M C GD J32368 2.500% 11/01/28 CURRENT YEAR AMORTIZATION 0.0000: 0.000000. 000 -236.56 0.00: 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 31307NTZ7 INTEREST EARNED ON F H L M C GD J32368 2.500%. 11/01/28 $1 PV ON 472.5900 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 472.59 0.00 0.00 0.00 .256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 3132G5AV1 PAID DOWN PAR VALUE OF F H L M C GO U79019 3.000% 7/01/28 JUNE FHLMC DUE 7/15/21 -20538900 00000001 2,033.69 -2,05285 000 -19.16 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3132G5AV1 AMORTIZED PREMIUM ON F H L M C 00 079019 3.000% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -49.07 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 313205AV1 INTEREST EARNED ON F H L M C GD U79019 3.000% 7/01/28 $1 PV ON 119.3800 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0000000 119.38 0(00 0.00 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3137A2097 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 9/15/22 $1 PV ON 19.8900 SHARES DUE 7/15/2021 50.00125/09 ON 15.911.07 PV DUE 7/15/21 0.0000 0.000000 19.89 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 07/15/2021 07/15/2021 07/15/2021 3137A2PV7 PAID DOWN PAR VALUE OF F 9 L M C MLTCL MTG 1.5009. 9/15/22 '480.8400 0.000000 480.84. -472.43 0.00:. 8.41 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/15/2021 3137041101 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 10/15/22 01 PV ON 97.1600 SHARES DUE 7/15/2021 $0.00125/PV ON 77,724.92 PV DUE 7/15/21 0.0000 0.000000 97.16 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 3137GAUY1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500% 10/15/22 -4,705.4400 0.000000 4,705.44 -4,656.92. 0.00 48.52 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 313940009 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 5.500% 8/15/23 -668.8700 0.000000 668.87 -676.50 0.00 -7.63 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 313940UX9 INTEREST EARNED ON F H L M C MLTCL MTG 5.500% 8/15/23 $1 PV ON 54.3700 SHARES DUE 7/15/2021 $0.00458/PV ON 11.862.30 PV DUE 7/15/21 00000 0.000000 54.37 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3139400X9 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 5.500% 8/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9.40 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD. 07/15/2021 345280F03 INTEREST EARNED ON FORD CREDIT 2.480% 9/15/24 $1 PV ON 206.6700 SHARES DUE 7/15/2021 $0.00207/PV ON 100.000.00 PV DUE 7/15/21 0.0000' 0.000000 206.67 0.00 0.00 000 394 Page 47 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - rade fate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Se'ement bate ('USII' Description Units 345280GX6 INTEREST EARNED ON FORD CREDIT FLRPLN 3.250% 00000 4/15/26 $1 PV ON 270.8300 SHARES DUE 7/15/2021 30.00271/P5 ON 100.000.00 PV DUE 7/15/21 Price 0.000000 Net Cash Amount 270.83 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 Account Account 't ransaction bate 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 256350021 RCTC 2013-A&B TOLL BDS RESIDUAL FD 07/15/2021 34528QHK3 INTEREST EARNED ON FORD CREDIT MSTR 0.700% 9/15/25 $1 PV ON 131.2500 SHARES DUE 7/15/2021 50.00058/PV ON 225,000.00 PV DUE 7/15/21 0.0000.. 0.000000. 131.25 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 3617861E199 AMORTIZED PREMIUM ON G N M A 0482764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.59 0.00 0.00 07/15/2021 36178NB99 INTEREST EARNED ON G N M A #AB2764 2.500' 8/15/27 $1 PV ON 150.7500 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000. 0.000000. 15075 000; 000- 0.00 256350021 RCTC 2013 A88 TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 36178N899 PAID DOWN PAR VALUE OF G N M A #482764 2.500% 8/15/27 JUNE GNMA DUE 7/15/21 -2,243.7400 0.000000 2,243.74 -2,258.61 0.00 -14.87 256350021 RCTC 2013 A88 TOLL BDS RESIDUAL FD 07/15/2021 362040867 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000800, 0:001 •2313 0.00 0,00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 07/15/2021 3620AR867 INTEREST EARNED ON G N M A #737261 4.000% 5/15/25 $1 PV ON 114.6200 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0,000000 114.62 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 3620AR867 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JUNE GNMA DUE 7/15/21 -1,448.0000 0.000000. 1,448.00.. -1,467.88 0.00 -19.88 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 362242000 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JUNE GNMA DUE 7/15/21 -6,137.4900 0.000000 6,137.49 -6,312.19 0.00 -174.70 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 362242000 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000. 0.000000 0.00: -128.24 0 0o 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 07/15/2021 3622A2GC0 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 350.6200 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 350.62 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 98162HAC4 INTEREST EARNED ON WORLD OMNI 1.700% 1/15/23 01 P5 ON 332.9200 SHARES DUE 7/15/2021 50.00142/P5 ON 235000.00 PV DUE 7/15/21 0.0000 0.000000 332.92 000 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 98162YAD5 AMORTIZED PREMIUM ON WORLD OMNI AUTO 3.040% 5/15/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -79.18 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 981625.405 INTEREST EARNED ON WORLD OMNI AUTO 3.040% 5/15/24 $1 PV ON 256.3200 SHARES DUE 7/15/2021 30,00253/P5 ON 101,178.28 PV DUE 7/15/21 0.0000 0,000000. 256.32. 0.00 0.00 0.00 2 563 50 021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/15/2021 07/15/2021 07/15/2021 98162YAD5 PAID DOWN PAR VALUE OF WORLD OMNI AUTO 3.040% 5/15/24 -9,031.7500 0.000000 9,031.75 -9,154.49 -122.74 0.00 256350021 RCTC 2013 460 TOLL BDS RESIDUAL F0 07/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -568.17 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL KS RESIDUAL FD 07/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 568.17 0.00 0.00 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 07/16/2021 07/16/2021. 07/16/2021 38013FAD3 PAID DOWN PAR VALUE OF GM FINANCIAL 3.210% 10/16/23 -3,266.4100 0.000000 3,266.41 3,295.54 000 -29.13 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/16/2021 38013FAD3 INTEREST EARNED ON GM FINANCIAL 3,210% 10/16/23 $1 PV ON 77.4000 SHARES DUE 7/16/2021 $0.00268/PV ON 28.935,09 PV DUE 7/16/21 0.0000 0.000000 77.40 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/16/2021 38013FAD3 AMORTIZED PREMIUM ON GM FINANCIAL. 3.210% 10/16/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -11.65. 0.00 0.00 256350021 256350021 RCTC 2013 A68 TOLL BDS RESIDUAL FD RCTC 2013 AO TOLL BDS RESIDUAL FD 07/19/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -77.40 0.00 0.00 0.00 07/19/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 77.40 0.00 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 07/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -989.06 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07 1#201', CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0000000 989.06 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 31340V&56 INTEREST EARNED ON F H L M C M T N 0.320% 10/20/22 $1 PV ON 400000.0000 SHARES DUE 7/20/2021 0.0000 0.000000 640.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 3134056H6 ACCREDITED DISCOUNT ON F H L M C M T N 0.320% 10/20/22 CURRENT YEAR MARKET DISCOUNT 0.0000 0.000000 0.00 40.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL 8DS RESIDUAL FD 07/20/2021 07/20/2021 07/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 P & I DUE 07/20/21 -3,378.8700 0.000000 3,378.87 -3,393.69 0.00 -14.82 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 36179M4J6 AMORTIZED PREMIUM ON G 5 M A II #MA0825 2500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -65.16. 0.00 0.00 256350021 RCTC 2013 A&B TOLL 820 RESIDUAL FD 07/20/2021 36179M4J6 INTEREST EARNED ON G N M A I I #MA0825 2500% 3/20/28 $1 PV ON 192.9200 SHARES DUE 7/20/2021 P & I DUE 07/20/21 0.0000 0.000000 192.92 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 07/20/2021 071.20/2021 381790048 PAID DOWN PAR VALUE OF G N M A I I #MA2569 3.000% 2/20/30 JUNE GNMA DUE 7/20/21 -7,897.7400 0000000 7,897,74 -8,231.41 0.00 -333.67 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 361790248 AMORTIZED PREMIUM ON G N M A II #MA2569 3.000% 0.0000 0.000000 0.00 -223.95 0.00 0.00 2/20/30 CURRENT YEAR AMORTIZATION 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 3617902A8 INTEREST EARNED ON G N M A I I #MA2569 3.000% 2/20/30 $1 PV ON 581.8100 SHARES DUE 7/20/2021 JUNE GNMA. DUE 7/20/21 0.0000 0.000000 581.01 0.00' 0.00 0.00 395 Page 48 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 77ansacti i'1'• /' ' ' 91 CIP STAMP Quarter .. i'.". CUSIP Portfolio Transaction Report by Account ended September 30, 2021 Description Units PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% -1,190.7200 6/20/30 JUNE GNMA DUE 7/20/21 Price 0.000000 0.000000 Net Cash Amount 1,190.72 0.00 Federal Tax Cost Short Amount Gain/Loss -1,234.31 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount -43.59 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 _ 07/20/2021 07/20/2021 361790F06 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 361790F56 AMORTIZED PREMIUM ON G N M A I I #MA2864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 -36.11 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 361799F06 INTEREST EARNED ON G N M A I I #MA2864 3.000% 6/20/30 $1 PV ON 111.5300 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 111.53 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 07/20/2021 07/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A I I #005276 3.000% 1/20/27 P & I DUE 07/20/21 -1,494.2200 0000000 1,49422 -1,515.83 0.00 -21,61 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A I I #005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -23.79 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 36202F21-18 INTEREST EARNED ON G N M A I 1 #005276 3.000% 1/20/27 $1 PV ON 128.0900 SHARES DUE 7/20/2021 P & I DUE 07/20/21 0.0000 0.000000 126.09 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 07/20/2021 07/20/2021 92347YAA2 PAID DOWN PAR VALUE OF VERIZON OWNER TRUST 2.930% 9/20/23 -14,128.6200 0.000000 14,128.62 -14,327.93 -199.31 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/20/2021 92347YAA2 INTEREST EARNED ON VERIZON OWNER TRUST 2.930% 9/20/23 $1 PV ON 295.7200 SHARES DUE 7/20/2021 $0.00244/PV ON 121,114.64 PV DUE 7/20/21 0.0000 0.000000 295.72 0.00 0.00 0.00 256350021 RCTC 2013 460 TOLL BDS RESIDUAL FD 07/20/2021 92347YAA2 AMORTIZED PREMIUM ON VERIZON OWNER TRUST 2.930% 9/20/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -64.72 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/21/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -961.01 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/21/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 961.01 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -7,172.32 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 7,172.32 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3132A85Y1 PAID DOWN PAR VALUE OF F H L M C #Z$8063 2.500% 9/01/32 JUNE FHLMC DUE 7/25/21 -6,192.1200 0.000000 6,192.12 -6,468.84 -276.72 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 07/26/2021 31324851/1 AMORTIZED PREMIUM ON F H L M C #ZS8063 2.500%: 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -199.79 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 3132A85101 INTEREST EARNED ON F H L M 0 #ZS8063 2,500% 9/01/32 $1 PV ON 533.8300 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 533.83 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -122.57 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 208.3100 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 206.31 0.00: 0.00' 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M 0 #ZT1989 3.500% 1/01/33 JUNE FHLMC DUE 7/25/21 -1,913.3300 0:000000 1,913.33 -2,073,24 -159.91 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31142.11005 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -220,'10 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 450.6800 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 450.68 0,00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H LM C #ZT1963 3.500% 11/01/30 JUNE FHLMC DUE 7/25/21 -4,088.9900 MAW 4,088.99 -4343.22 -254.23 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3133050Z3 INTEREST EARNED ON F H L M C GTD REMIC 1.000% 9/25/33 $1 PV ON 182.4800 SHARES DUE 7/25/2021 50 00083/PV ON 218,970.46 PV DUE 7/25/21 0.0000 0.000000 182.48 0.00 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 07/26/2021 3133050Z3 AMORTIZED PREMIUM ON F H L M C GTD REMIC 1.000% 9/25/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -70.14 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3133Q55Z3 PAID DOWN PAR VALUE OF F H L M C GTD REMIC 1.000% 9/25/33 -6,699.6000 0.000000 6,699.60 -6,781.07 -81.47 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3136472D3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -126.1200 0.000000 126.12 -126.33 0.00 -0.21 256350021 RCTC 2013 A&0 TOLL BDS RESIDUAL FD 07/26/2021 3130472D3 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.04 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 07/26/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 24.0800 SHARES DUE 7/25/2021 $0.00207/PV ON 11.638.58 PV DUE 7/25/21 0.0000 0.000000 24.08 0.00 0.00 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2482% 4/25/22 $1 PV ON 11638.5800 SHARES DUE 7/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.20 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07✓26/2021. 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 80.1800 SHARES DUE 7/25/2021 $0.00104/PV ON 76.970.61 PV DUE 7/25/21 0.0000 044 0000 80.18 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 0.0000 0.000000 0.00 -20.17 0.00 0.00 4/25/28 CURRENT YEAR AMORTIZATION 0.00 256350021 RCTC 2013 AU TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -20902800 0.000000. 2090.28. 2,108.43 -18.15 396 Page 49 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 17ansaction Date 07/26/2021 I i- do (late 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSII' Description Units 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 0.0000 7/25/22 $1 PV ON 454.5400 SHARES DUE 7/25/2021 $0.00209/PV ON 217,394.60 PV DUE 7/25/21 Price 0.000000 Net Cash Amount 454.54 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 -16.01 256350021 RCTC 2013.A&B TOLL BDS RESIDUAL FD 07/26/2021 3136AMM48 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.509% 7/25/22 CURRENT YEAR AMORTIZATION 10000 1000000. 0.00 -33.84 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/26/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 217394.6000 SHARES DUE 7/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.16 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/25/2021 07/26/2021 3136AMM48 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.509% 7/25/22 -8,138.0500 0.000000 8,138.05 -1154.06 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/26/2021 07/26/2021 31374H607 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.230% 7/25/21 CMO FINAL PAYDOWN -10,302.0200 0.000000 10,302.02 -10,316.91 0.00 -14.89 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/28/3021, 3137AH6C7 INTEREST EARNED ON F H L M C MLTCL MTG 3.230% 7/25/21 $1 PV ON 27.7300 SHARES DUE 7/25/2021 $0.00269/PV ON 10302.02 PV DUE 7/25/21 0.0000 0.000000 27.73 000 0.00'. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137APP61 INTEREST EARNED ON F H L M C MLTCL MTG 2 789% 1/25/22 $1 PV ON 28.8700 SHARES DUE 7/25/2021 $0.00232/PV ON 12,421.01 PV DUE 7/25/21 0.0000 0,000000 28.87 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137APP61 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.789% 1/25/22 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -7.02 0.00. 0:00 256350021 RCTC 2013 458 TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3137APP61 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.789% 1/25/22 -33.6300 0.000000 33.63 -33.76 0.00 -0.13 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -260.4100 0,000000 260.41 -262.71; 0.00 -2.30 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 196.9800 SHARES DUE 7/25/2021 $0.00198/PV ON 99,609.39 PV DUE 7/25/21 0.0000 0.000000 196.98 0.00 0.00 0.00 256350021 RCTC 2013 An TOLL BDS RESIDUAL FD 07/26/2021 3137ATRW4 AMORTIZED PREMIUM ON F H L M C MULTICLA 2.373% 5/25/22 CURRENT YEAR AMORTIZATION 10000 0:000000 0.00 -32.92 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3137AWQG3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -1,624.0900 0.000000 1,624.09 -1,593.89 0.00 30.20 256350021 RCTC 2013A&B TOLL BDS RESIDUAL FD 07/26/2021 3137AWOG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 21.3200 SHARES DUE 7/25/2021 $0.00132/PV ON 16,156.96 PV DUE 7/25/21 0.0000.. 0.000000. 21.321 0.00 0.00 0.00 256350021 RCTC 2013 A50 TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3137AXHN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -849.7400 0.000000 849.74 -838.06 0.00 11.68 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 4.6700 SHARES DUE 7/25/2021 $0.00146/PV ON 3,201.56 PV DUE 7/25/21 0.0000, D0000.00 4.67 d00 0.00 000 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 $1 PV ON 804.6000 SHARES DUE 7/25/2021 $0.00224/PV ON 360,000.00 PV DUE 7/25/21 0.0000 0.000000 804.60 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 313781 UF7 INTEREST EARNED ON F H L M C MLTCL MTG 1.785°6 9/25/22 $1 PV ON 8.1400 SHARES DUE 7/25/2021 $0.00149/PV 014 5,473.19 PV DUE 7/25/21 0.0000, 0,000000 8.14 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 313781 UF7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -443.0400 0.000000 443.04 -436.53 0.00 6.51 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 313787YY9 INTEREST EARNED ON F H L M C MLTCL MT 3.48996%. 1/25/24 $1 PV ON 349.0000 SHARES DUE 7/25/2021 $0.00291/PV ON 120.000-00 PV DUE 7/25/21 0.0000 0.000000 349.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31378FE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/24 $1 PV ON 582.7800 SHARES DUE 7/25/2021 $0.00227/PV ON 257,106.58 PV DUE 7/25/21 0.0000 0.000000 582.78 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137136E80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -227.83 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3137BFE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.720% 8/25/24 -5,919.7000 0.000000 5,919.70 -6,117.99 0.00 -198.29 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 31370JP56' PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2697% 1/25/25 -877/4400( 0.000000 877.44 -906.80 0.00. -29:36 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137BJP56 INTEREST EARNED ON F H L M C MLTCL MTG 2.697% 1/25/25 $1 PV ON 86.1300 SHARES DUE 7/25/2021 $0.00225/PV ON 38,323.94 PV DUE 7/25/21 0.0000 0.000000 86.13 0.00 0.00 0.00 .256380021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137BJP56 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.697% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.90 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 31 PV ON 577.0800 SHARES DUE 7/25/2021 $0.00231/PV ON 250,000.00 PV DUE 7/25/21 0.0000 0.000000 577.08 0.00 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 07/26/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 688.6500 SHARES DUE7/25/2021 $0.00234/PV ON 294,925.78 PV DUE 7/25/21 0.0000 0.000000 688.65 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -314.54 0.00 0.00 25635002/ RCTC 2013 AO TOLL BDS RESIDUAL FD. 07/26/2021 07/25/2021 07/26/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -6,185.5700 0.000000 6,185.57 -6,467.04 -281.47 0:00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 313806XL4 PAID DOWN PAR VALUE OF F N M A AAL3382 2.336% 3/01/23 P & I DUE.47145171 -817.4700 0.000000 817.47 -818.83 0.00 -1.36 Page 50 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3138EKXL4 AMORTIZED PREMIUM ON F N M A #AL3382 2.336% 3/91/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 79.41 18.39 -7.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 79.4100 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 40985.5100 SHARES DUE 7/25/2021 7/25/21 PENALTY PYMT 0.0000 0.000000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3138L93A8 AMORTIZED PREMIUM ON F N M A #AM8892 2.600% 7/01/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -131.66 0.00 0.00 256350021'.. RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3138L93A8 INTEREST EARNED ON F N M A #AM8892 2.600% 7/01/25 $1 PV ON 251.2700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0;000000 251.27 0.00 0.00: 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3138L93558 PAID DOWN PAR VALUE OF F N M A #AM8892 2.600% 7/01/25 JUNE FNMA DUE 7/25/21 -213.1700 0.000000 213.17 -224.76 -11.59 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 31397LUK3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 4:500% 6/25/23 -2,938.2500 0.000000 2,938.25. -2,953.16 0.00. -14.91 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31397LUK3 INTEREST EARNED ON F N M A GTD REMIC 4.500% 6/25/23 $1 PV ON 86.8300 SHARES DUE 7/25/2021 $0.00375/PV ON 23153.94 PV DUE 7/25/21 0.0000 0.000000 86.83 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31397LUK3 AMORTIZED PREMIUM ON F N M A GTD REMIC 4.500% 6/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -5.89 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140J7Q32 AMORTIZED PREMIUM ON F N M A #BM3173 3.500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -55.55 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 07/26/2021 3140J7032 INTEREST EARNED ON F N M A #BM3173 3.500% 10/01/31 $1 PV ON 115.7300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 115.73 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3140J7032 PAID DOWN PAR VALUE OF F N M A #8M3173 3.500% 10/01/31 JUNE FNMA DUE 7/25/21 -1,095.4400 0.000000 1,095.44 -1,165.00 -69.56 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 .0.000000 0.00 -95.59. 0.00: 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 217.6500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 217.65 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JUNE FNMA DUE 7/25/21 -1,934.4100 0.000000 1,934.41 2,050.09 -115.6'8: 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140X49490 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -185.26 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31400549490 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 01 PV ON 428.8900 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 00000 0.000000. 428:88 0.00 0.00: 0:00 256350021 RCTC 2013 A68 TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3140X4H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 JUNE FNMA DUE 7/25/21 -6,523.8900 0.000000 6,523.89 -6,852.85 -328.96 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 314057L06 AMORTIZED PREMIUM ON F N M A #FM3936 2500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -134.73 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 397.4400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 397.44 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3140X7L56 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JUNE FNMA DUE 7/25/21 -4,111.0400 0.000000 4;111.04 -4,310.31 -199.27 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -122.31 0.00 0.00 256350021.. RCTC 2013 A&B TOLL BDS RESIDUAL FO 07/26/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 284.0500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 00000 0000000 28405 0:011 0:00:', 0.00 256350021 RCTC 2013 A68 TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JUNE FNMA DUE 7/25/21 -5,339.0200 0.000000 5,339.02 -5,694.60 -355.58 0.00 2063&0001, RCTC. 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -27.33' ',10:00. 000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 80.4100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 80.41 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/26/2021 07/25/2021 07/26/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 JUNE FNMA DUE 7/25/21 788:9300 0.000000 788.93' 812.10 -23.17 0.00 256350021 RCTC 2013 A&B TOLL [IDS RESIDUAL FD 07/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -98.16 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 07/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000( 0.000000 98.16 0.00 0.00 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/28/2021 07/07/2021 38376T5Z1 PAID ACCRUED INTEREST ON PURCHASE OF G N M A GTD REMIC 3.000% 1/16/39 0.0000 0.000000 -16.42 0.00 0.00 0.00 256350021 RCTC 2013 A08 TOLL BDS RESIDUAL FD 07/29/2021 07/29/2021 91202CAP6 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125%10/15/23 0.0000 0.000000 107.58': 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 07/30/2021 07/30/2021 912828100 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750%12/31/24 0.0000 0.000000 -392.32 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/02/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS ,..era 0.0000. 0.000000 -17,797.57 000 0.00 0.00 Page 51 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION Source Accounl Account 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD Transaction bate 08/02/2021 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Net Cash Federal Tax Cost Short Term Long Term Gain/Loss radeDate Settlement bate CUSIi' Description Units Price Amount Amount Gain/Loss Amount Amount CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 17,797.57 0.00 0.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/02/2021 22550L2E0 INTEREST EARNED ON CREDIT SUISSE MTN 0.495% 2/02/24 $1 PV ON 250000.0000 SHARES DUE 8/2/2021 0.0000 0.000000 618.75 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/02/2021 31846V401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 7/31/2021 INTEREST FROM 7/1/21 TO 7/31/21 0.0000 0.000000 1.35 0.00 0.00 0.00 08/02/2021 64971QWL3 INTEREST EARNED ON NEW YORK N Y CITY 2.710% 8/01/23 $1 PV ON 155000.0000 SHARES DUE 8/1/2021 0.0000 0.000000 2,100.25 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/02/2021 912828986 INTEREST EARNED ON U S TREASURY NT 1.500% 1/31/22 $1 PV ON 2000000.0000 SHARES DUE 7/31/2021 0.0000 0.000000 15,000.00 0.00 0.00 0.00 256350021 ROTC 2013 A&B TOLL BDS RESIDUAL FD 08/02/2021 916544E54 INTEREST EARNED ON UPPER SANTA CLARA CA 0.680% 8/01/23 $1 PV ON 170000.0000 SHARES DUE 8/1/2021 0.0000 0.000000 078!,OSt: 0.00 0.00' 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/03/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -1.35 0.00 0.00 0.00 256350021 RCTC 2013. A&B TOLL BDS RESIDUAL FD 08/03/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1.35 0.00 0,00; 0.00 256350021 256350021 RCTC 2013 A&B TOLL 800 RESIDUAL FD 08/05/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -8,450.34 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/05/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 8,450.34 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/05/2021 08/03/2021 08/05/2021 916544ES4 SOLD PAR VALUE OF UPPER SANTA CLARA CA 0.680% 8/01/23 /MORGAN STANLEY & CO. LLC/170,000 PAR VALUE AT 100.764 % -170,000.0000 1.007640 171,298.80 -170,000.00 0.00 1,298.80 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/05/2021 08/05/2021 916544E54 RECEIVED ACCRUED INTEREST ON SALE OF UPPER SANTA CLARA CA 0.680% 8/01/23 0.0000, 0,000000 12.84 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/06/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -61.52 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/06/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 61.52 0.00 0.00 0.00 256350021 RCTC 2013 650 TOLL BDS RESIDUAL FD DB/10/2021 08/10/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 12/15/23 0.0000 0.000000 -78.42 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/11/2021 08/02/2021 08/05/2021 31307NTZ7 SOLD PAR VALUE OF F H L M C GD J32368 2500%11/01/28 /STONEX FINANCIAL INC./BD RATES/215,317.77 PAR VALUE AT 104.92187474 % -215,317.7700. 1.049219 225,915.44 -224,150.21 1,768.23 am 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/11/2021 31307NT27 AMORTIZED PREMIUM ON F H L M C GO J32368 2.500% 11/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -161.01 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/11/2021 08/05/2021 313079177 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C GD J32368 2.500% 11/01/28 0.0000 0.000000 59.81 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/11/2021 08/09/2021 08/11/2021 36179M4J6 SOLD PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 /MORGAN STANLEY & CO. LLC/86,262.99 PAR VALUE AT 103.81250406 % -86,262.9900 1.038125 89,551.77 -86,597.52 0.00 2,954.25 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/11/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #M608252.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 '45.26 0.00 0.00 256350021 256350021 RCTC 2013 650 TOLL BDS RESIDUAL FD RCTC 2013 A&B TOLL BDS RESIDUAL FD DB/11/2021 08/11/2021 36179M4J6 RECEIVED ACCRUED INTEREST ON SALE OF G N M A I I #M00825 2.500% 3/20/28 0.0000 0.000000 59.90 0.00 0.00 0.00 08/11/2021 91159HHV5 INTEREST EARNED ON US BANCORP MTN 3.375% 2/05/24 $1 PV ON 500000.0000 SHARES DUE 8/5/2021 0.0000 0.000000 8,437.50 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,707.02 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 CASH RECEIPT TRANSFER FROM INCOME. INCOME EARNINGS n0000 0.000000 2,707.02 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 12596EAC8 PAID DOWN PAR VALUE OF CNH EQUIPMENT TRUST 3.190% 11/15/23 -9,788.3300 0.000000 9,788.33 -9,840.86 0.00 -52.53 256350021 RCTC 2013 An TOLL BDS RESIDUAL FD 08/16/2021 12596EAC8 INTEREST EARNED ON CNH EQUIPMENT TRUST 3.190% 11/15/23 $1 PV ON 168.2600 SHARES DUE 8/15/2021 $0.00266/PV ON 63,293.55 PV DUE 8/15/21 0,0000: 0,000000. 103125. 0:00. 0,00, 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 12596EAC8 AMORTIZED PREMIUM ON CNH EQUIPMENT TRUST 3.190% 11/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -24.57 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 140419F110 INTEREST EARNED ON CAPITAL ONE MULTI 1.720% 8/15/24 $1 PV ON 143.3300 SHARES DUE 8/15/2021 $0.00143/PV ON 100 000.00 PV DUE 8/15/21 0.0000 0.000000 143.33 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 14315XA02 INTEREST EARNED ON CARMAX AUTO OWNER 1.890% 12/16/24 $1 PV ON 60000.0000 SHARES DUE 8/15/2021 0.0000 0.000000 94.50 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 14315XAD0 INTEREST EARNED ON CARMAX AUTO OWNER 2.030% 6/16/25 $1 PV ON 473.6700 SHARES DUE 8/15/2021 $0.00169/PV ON 280,000.00 PV DUE 8/15/21 0.0000 0.000000 473.67 0.00 0.00'. 0.00 399 Page 52 of 135 Source RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Account 'I7a',suction nate rade'iate Settlement Date CUSIP Ucscri tion C nits Price Net Cash Federal Tax Cost Short Term Amount Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 194740PF7 INTEREST EARNED ON COLLIN CNTY TX 0.86 $1 PV ON 175000.0000 SHARES DUE 8/15/2021 2/15/24 0.0000 0.000000 758.63 0.00 0.00 0.00 256350021 RCTC 2013.A&8 TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 3128MMUL5 PAID DOWN PAR VALUE OF FHLMC GD G18586 2.500% 2/01/31 JULY FHLMC DUE 8/15/21 AMORTIZED PREMIUM ON FHLMC GD G18586 2.500%. 2/0_1/31 CURRENT YEAR AMORTIZATION INTEREST EARNED ON F H L M C G0018586 2.500% 2/01/31 $1 PV ON 108.4100 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 AMORTIZED PREMIUM ON FHLMC GD J32368 2.500% 11/01/28 CURRENT YEAR AMORTIZATION -1,653.9600.. 0.000000. 1,653.96 -1,730.45 -76.49 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 3128MMUL5 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/16/202 3128MMUL5 31307NTZ7 0.0000 0.000000 0.0000 0.000000 0.00 108.41 -49.80 0.00 0.00 0.00 0.00 0.00 0.0000 0.000000 0.00 -2.11 0.00 0.00 08/16/2021 31307NTZ7 INTEREST EARNED ON FHLMC GD J32368 2.500% 11/01/28 $1 PV ON 461.4400 SHARES DUE 8/15/2021 P & I DUE 08/15/21 08/16/2021 08/15/2021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 31307NTZ7 0.0000 0.000000 461.44 0.00 0.00 0.00 PAID DOWN PAR VALUE OF F H L M C GD J32368 2.500% 11/01/28 P & I DUE 08/15/21 PAID DOWN PAR VALUE OF FHLMC 50 679019 3.000% 7/01/28 P & I DUE 08/15/21 AMORTIZED PREMIUM ON FHLMC GD U79019 3.000% 7/01/28 CURRENT YEAR AMORTIZATION -6.171.4000 0.000000 6,171.40 -6,422.44 -251.04 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021. 08/16/2021 3132G5AV1 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 313205A91 -1,660.9900 0.000000. 0.0000 0.000000 1,660.99 0.00 -1,674.91 -47.57 0.00' 0.00 0.00 -13.92 0.00 08/16/2021 3132054V1 INTEREST EARNED ON F H L M C 8D U79019 3.000% 7/01/28 $1 PV ON 114.3000 SHARES DUE 8/15/2021 P & I DUE 08/15/21 08/16/2021 08/15/2021 0.0000 0.000000 114.30 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 3137A2PV7 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 1.500% 9/15/22 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 9/15/22 $1 PV ON 19.2900 SHARES DUE 8/15/2021 00.00125/P9 ON 15.430.23 PV DUE 8/15/21 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 1.500% 10/15/22 -647.8500 0.000000 647.85 -636.51 0.00 11.34 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/16/2021 08/15/2021 3137A2PV7 08/16/2021 3137GAUY1 0.0000 0.000000 19.29 0.00 0.00 0.00 -3,368.4800 0.000000 3,368.48 -3,333.74 0.00 34.74 256350021 RCTC 2013A&B TOLL BDS RESIDUAL FD 08/16/2021 313705091 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 10/15/22 $1 PV ON 91.2700 SHARES DUE 8/15/2021. $0.00125/PV ON 73.019.48 PV DUE 8/15/21 0.0000. 0.000000. 91.27 0.00 0.00 0,00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 3139400X9 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 5.500% 8/15/23 -697.8900 0.000000 697.89 -705.30 0.00 -7.41 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 31394GUX9 INTEREST EARNED ON F H L M C MLTCL MTG 5.500% 8/15/23 $1 PV ON 51.3000 SHARES DUE 8/15/2021 $0.00458/PV ON 11.193.43 PV DUE 8/15/21 00000, D000000 51.30 0.00 0.08 000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 3139413UX9 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 5.500% 8/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -8.77 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 34528OFU3 INTEREST EARNED ON FORD CREDIT 2.480% 9/15/24 01 PV ON 206.6700 SHARES DUE 8/15/2021 00.00207/P9 ON 100000.00 PV DUE 8/15/21 00000 0.000000 206.67 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 34528QGX6 INTEREST EARNED ON FORD CREDIT FLRPLN 3.250% 4/15/26 $1 PV ON 270.8300 SHARES DUE 8/15/2021 $0.00271 /PV ON 100,000.00 PV DUE 8/15/21 0.0000 0.000000 270.83 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 34528QHK3 INTEREST EARNED ON FORD CREDIT MSTR 0.700% 9/15/25 $1 99 ON 131.2500 SHARES DUE 8/15/2021 $0.00058/PV ON 225,000.00 PV DUE 8/15/21 0.0000 0.000000 131.25. 0.00 0.00 0.00 256350021 ROTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 36178NB99 PAID DOWN PAR VALUE OF G N M A #AB2764 2.500% 8/15/27 JULY GNMA DUE 8/15/21 -2,515.7500 0.000000 2,515.75 -2,531.95 0.00 -16.20 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 36178NB99 AMORTIZED PREMIUM ON G N M A #AB2764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000. 0:000000. .0.00 -13,37 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 36178NB99 INTEREST EARNED ON G N M A #082764 2.500% 8/15/27 $1 PV ON 146.0800 SHARESDUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 146.08 0.00 0.00 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 3620ARB57 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JULY GNMA DUE 8/15/21 -1,323.1600 0.000000 1,323.16 -1,340.43 0.00 -17.27 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/16/2021 3620ARB67 AMORTIZED PREMIUM ON G N M A 4737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.17 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 08/16/2021 3620ARB67 INTEREST EARNED ON G N M A #737261 4.000%. 5/15/25 $1 PV ON 109 8000 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 109.80 0,00: 0.00 0,00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 367252000 PAID DOWN PAR VALUE OF 0 N M A #783795 2.500% -3,834.7600 0.000000 3,834.76 -3,940.94 0.00 -106.18 3/15/28 JULY GNMA DUE 8/15/21 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 362242000 AMORTIZED PREMIUM ON G N M A #783795 2500% 3/15/28 CURRENT YEAR AMORTIZATION 0-0000 0;000000: 0.00 -125.51 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 362252000 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 337.8400 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 337.84 0.00 0.00 0.00 256350021. RCTC2013 AO TOLL BDS RESIDUAL FD 08/16/2021 08/1612021 08/16/2021 38013F433 PAID DOWN PAR VALUE OF GM FINANCIAL 3.210% 10/16/23 -8;121.8600 0000000 3,121:86 -3,148,45 0.00 -26.59 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 38013FAD3 INTEREST EARNED ON GM FINANCIAL 3.210% 10/16/23 $1 PV ON 68.6600 SHARES DUE 8/16/2021 $0.00268/PV ON 25.668.68 PV DUE 1 0.0000 0.000000 68.66 0.00 0.00 0.00 Page 53 of 135 Source Account RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Transaction Dat• ettlement Date CUSIP Description Units Price Net Cash Federal Tax Cost Short Term Amount Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/16/2021 08/16/2021 38013FAD3 08/16/2021 38376T5Z1 AMORTIZED PREMIUM ON GM FINANCIAL 3.210% 10/16/23 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% 1/16/39 INTEREST EARNED ON GNMA GTD REMIC 3.000% 1/16/39 $1 PV ON 82.1000 SHARES DUE 8/16/2021 $0.00250/PV ON 32841.96 PV DUE 8/16/21 AMORTIZED PREMIUM ON G N MA GTD REMIC 3 000% 0.0000 0.000000 1/16/39 CURRENT YEAR AMORTIZATION INTEREST EARNED ON WORLD OMNI 1.700% 1/15/23 0.0000 0.000000 $1 PV ON 332.9200 SHARES DUE 8/15/2021 $0.00142/PV ON 235.00000 PV DUE 8/15/21 PAID DOWN PAR VALUE OF WORLD OMNI AUTO 3.040% -8,392.5000 0.000000 5/15/24 AMORTIZED PREMIUM ON WORLD OMNI AUTO 3.040% 5/15/24 CURRENT YEAR AMORTIZATION INTEREST EARNED ON WORLD OMNI AUTO 3.040% 5/15/24 $1 PV ON 233.4400 SHARES DUE 8/15/2021 $0.00253/PV ON 92.146.53 PV DUE 8/15/21 0.0000 08/16/2021 38376T5Z1 256350021 RCTC 2013 AN TOLL BDS RESIDUAL FD 08/16/2021 38376T5Z1 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 98162HAC4 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 08/15/2021 08/16/2021 98162YAD5 -921.2300 0.000000 0.000000 0.0000 0.000000 0.00 921.23 82.10 -10.28 -952.90 0.00 0.00 -30.66 0.00 -31.67 0.00 332.92 0.00 0.00 0.00 8,392.50 -8,499.96 -107.46 0.00 0.00 0.00 0.00 0.00 0.00 256350021 RCTC 2013. A&B TOLL BDS RESIDUAL FD 08/16/2021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/16/2021 98162YAD5 98162YAD5 0.0000 0.000000 0.00 -72.42 0.00 0.0000 0.000000 233.44 0.00 0.00 0.00 0.00 08/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS RECEIVED ACCRUED INTEREST ON SALE OF GNMA. #737261 4.000% 5/15/25 AMORTIZED PREMIUM ON GNMA #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION SOLD PAR VALUE OF GNMA 4737261 4.000% 5/15/25 -31,615.5600 1.041875 /STONEX FINANCIAL INC./B0 RATES/31,615.56 PAR VALUE AT 104 18752665 % FED BASIS OF GNMA #737261 4.000% 5/15/25 ADJUSTED 8Y 0.01 ADJUST FOR SALE 0.0000 0.000000 -1,676.74. 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/17/2021 0.0000 0.000000 1,676.74 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/19/2021 08/19/2021 3620A9867 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/19/2021 3620ARB67 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/19/2021 08/16/2021 08/19/2021 3620ARB67 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/19/2021 362049867 0.0000. 0.000000 0.0000 0.000000 63.23' 0.00 0.00 -2.75 0.00 0.00 0.00 0.00 32,939.47 -32,025.53 0.00 913.94 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 0.0000 0.000000 0.00 0.01 0.00 0.00 08/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -1,182.29 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1,182.29 0.00 0.00 0.00 256350021 RCTC 2013 A&8 TOLL BDS RESIDUAL FD 08/20/2021 08/18/2021. 08/20/2021 14913R2D8 SOLD PAR VALUE OF CATERPILLAR MTN 0:650% 7/07/23 /MSNYUS33 MORGAN STANLEY NV/200,000 PAR VALUE AT 100.579 % -200,0000000 1.005790 201,158.00 -199,888.00 0.00 1,270.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 149138288 RECEIVED ACCRUED INTEREST ON SALE OF CATERPILLAR MTN 0.650% 7/07/23 0.0000 0.000000 155.28 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #M408252.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.61 0.00 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD DB/20/2021 36179M4J6 INTEREST EARNED ON G N M A I I #MA0825 2.500% 3/20/28 $1 PV ON 185.8800 SHARES DUE 8/20/2021 P & I DUE 08/20/21 0.0000 0.000000 185.88 0.00 0.00 0.00 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 08/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A II #M40825 2.500% 3/20/28 P & I DUE 08/20/21 -2,959.3200 0.000000 2,959.32 -2970.19. 0.00 -10.87 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 08/20/2021 3617952A8 PAID DOWN PAR VALUE OF G N M A I I #M42569 3.000% 2/20/30 JULY GNMA DUE 8/20/21 -8,232.2700 0.000000 8,232.27 -8,572.02 0.00 -339.75 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 361790248 AMORTIZED PREMIUM ON 0 N M A II #M42569 3.000% 2/20/30 CURRENT YEAR AMORTIZATION 0.0000; 0000000 000 -220.02 000 000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 361790248 INTEREST EARNED ON G N M A I I #MA2569 3.000% 2/20/30 $1 PV ON 562.0700 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0,000000 562.07 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL. BDS RESIDUAL FD 08/20/2021 08/20/2021 08/20/2021 36179RFD6 PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% 6/20/30 JULY GNMA DUE 8/20/21 -1,194.4300 0.000000 1,194.43 -1,237.18 0.00 -42.75 256350021 RCTC 2013 A08 TOLL BDS RESIDUAL FD 08/20/2021 361798FD6 AMORTIZED PREMIUM ON G N M A I I #M42864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.75 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/20/2021 36179RFD6 INTEREST EARNED ON G N M A I I #MA2864 3.000% 6/20/30 $1 PV ON 108.5500 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 108.55 O:QO; 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 08/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A 11#005276 3.000% 1/20/27 JULY GNMA DUE 8/20/21 -2,035.4200 0.000000 2,035.42 -2,063.91 0.00 -28.49 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 08/20/2021 36202/21-18 AMORTIZED PREMIUM ON 0 N M A I I #005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 ',Xi 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 08/20/2021 36202F2H8 INTEREST EARNED ON G N M A I I #005276 3.000% 1/20/27 $1 PV ON 124.3600 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 124.36 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 12/15/23 000001 0'.090000. -*42 0.041.'.. 0.00 0:00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 08/20/2021 923474442 PAID DOWN PAR VALUE OF VERIZON OWNER TRUST 2.930% 9/20/23 -13,638.6000 0.000000 13,638.60 13.823.46 -184.86 0.00 401 Page 54 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/20/2021 08/20/2021 92347YAA2 INTEREST EARNED ON VERIZON OWNER TRUST 2.930%. 9/20/23 $1 PV ON 261.2200 SHARES DUE 8/20/2021 $0.00244/PV ON 106,986.02 PV DUE 8/20/21 0.0000 0.000000 261.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL SOS RESIDUAL FD 92347YAA2 AMORTIZED PREMIUM ON VERIZON OWNER TRUST 2.930% 9/20/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -59.07 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/23/2021 CASH DISBURSEMENT TRANSFER. TO PRINCIPAL INCOME EARNINGS 0.0000 0.0000 0.000000 0.000000 -185.88 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/23/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 185.88 0.00 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FO 08/23/2021 08/23/2021 36178N099 RECEIVED ACCRUED INTEREST ON SALE OF G N M 4: #402764 2.500% 8/15/27 0.0000 0.000000 103.28 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/23/2021 36178N899 AMORTIZED PREMIUM ON G N M A 4482764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.33 0.00 256350021 RCTC 2013. A&B TOLL 850 RESIDUAL FD 08/23/2021 08/18/2021 08/23/2021 36178NB99 SOLD PAR VALUE OF G N M A 0402764 2.500% 8/15/27 /STONEX FINANCIAL INC./BD RATES/67,601.13 PAR VALUE AT 103.43750171 % -67,601.1300 1.034375 69,924.92 -68,033.04 0.00 1,891.88 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/23/2021 361788099 FED BASIS OF G N M A #402764 2.500% 8/15/27 ADJUSTED BY 0.03 ADJUST FOR SALE 0.0000 0.000000 0.00 0.03 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/24/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0-0000 0,000000: -406.84 0,00 0.00 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 08/24/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 406.84 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/24/2021 69353RFU7 INTEREST EARNED ON PNC BANK NA MTN 0.45338% 2/24/23 $1 PV ON 250000.0000 SHARES DUE 8/24/2021 0.0000: 0,000000 303.56 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -4,689.77 0.00 0.00 0.00 256350021 RCTC 2013. A&B TOLL BDS RESIDUAL FD 08/25/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 :0400000 4,689.77 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3132A85Y1 PAID DOWN PAR VALUE OF F H L M C #ZS8063 2.500% -7,915.4800 0.000000 7,915.48 -8,262.91 0.00 -347.43 9/01/32 JULY FHLMC DUE 8/25/21 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3132485Y1 AMORTIZED PREMIUM ON F H L M C #Z08063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000. 0.000000 0.00 -199.02 0.00 0.00 256350021 RCTC 2013 488 TOLL BDS RESIDUAL FD 08/25/2021 3132485V1 INTEREST EARNED ON F H L M C #Z08063 2.500% 9/01/32 $1 PV ON 520.9300 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 520.93 0.00 0.00 0.00 256350021 RCTC 2013 460 TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500%. 1/01/33 JULY FHLMC DUE 8/25/21 -1,798.8600 0.000000 1,798.86 -1,946.06 -147.20 0.00 256350021 RCTC 2013 A60 TOLL BDS RESIDUAL FD 08/25/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -121.27 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 08/25/2021 3132AEF68 INTEREST EARNED ON FH L M C #ZT1989 3.500% 1/01/33 $1 PV ON 2027300 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000. 202.731 0.00. 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% -3,460.5600 0.000000 3,460.56 -3,670.58 -210.02 0.00 11/01/30 JULY FHLMC DUE 8/25/21 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -223,40 0.00 0.00 256350021 RCTC 2013 4&B TOLL BDS RESIDUAL FD 08/25/2021 3132AEFC5 INTEREST EARNED ON F H L M 0 #ZT1963 3.500% 11/01/30 $1 PV ON 438.7600 SHARES DUE 8/25/2021 JULY 0.0000 0.000000 438.76 0.00 0.00 0.00 FHLMC DUE 8/25/21 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021. 08/25/2021 31330513Z3 PAID DOWN PAR VALUE OF F H L M C GTD REMIC 1.000% 9/25/33 -5.511.2900, 0.000000 5,511.29 -5,576.53 -65.24 0.00 256350021 RCTC 2013 A60 TOLL BDS RESIDUAL FD 08/25/2021 3133555Z3 INTEREST EARNED ON F H L M C GTD REMIC 1.000% 9/25/33 $1 PV ON 176.8900 SHARES DUE 8/25/2021 $0.00083/PV ON 212,270.86 PV DUE 8/25/21 0.0000 0.000000 176.89 0.00 0.00 0.00 256350021 RCTC 2013A&B TOLL BDS RESIDUAL FD 08/25/2021 3133055Z3 AMORTIZED PREMIUM ON F H L M C GTD REMIC 1.000%. 9/25/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -68.75 0.00 0.00 256350021 RCTC 2013 A&B TOLL 650 RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3136A7253 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -881.1500 0.000000 881.15 -882.48 0.00 -1.33 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3136472D3 INTEREST EARNED ON F N M A GTD REMIC 2482%. 4/25/22 $1 PV ON 23.8100 SHARES DUE 8/25/2021 $0.00207/PV ON 11,512.46 PV DUE 8/25/21 0.0000 0.000000 23.81 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/25/2021 3136472D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 11512.4600 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.63 0.00 0.00 0.00 256350021. RCTC 2013 460 TOLL BDS RESIDUAL FD 08/25/2021 3/3647283 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482% 4/25/22 CURRENT YEAR AMORTIZATION d0000 0.000000 0 o0 -2.09. 0.00'. 0 o0 256350021 RCTC 2013 A&B TOLL 650 RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -3,329.9700 0.000000 3,329.97 -3,358.00 -28.03 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250%. 4/25/28 $1 PV ON 78.0000 SHARES DUE 8/25/2021 $0.00104/PV ON 74,880.33 PV DUE 8/25/21 0.0000 0.000080 78.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -19.85 0.00 0.00 402 Page 55 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Da .•• ' " . •''D a e ettlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 256350021 RCTC 2013 AAB TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3136AMM48 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2509% 7/25/22 -1,645.3800 0.000000 1,645.38 437.52 -1,648.35 0.00 0.00 0.00 0.00 -2.97 0.00 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 437.5200 SHARES DUE 8/25/2021 $0.00209/PV ON 209,256.55 PV DUE 8/25/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3136AMM48 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.509%. 7/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.66 256350021 RCTC 2013 A58 TOLL BDS RESIDUAL FD 08/25/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2,509% 7/25/22 $1 PV ON 209256.5500 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.74 0.00 0.00 0.00 256350021. RCTC 2013 AO TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137APP61 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.789% 1/25/22 -442.1000 0:000000 442.10 -443.49 0.00. -1.39 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137APP61 INTEREST EARNED ON F H L M C MLTCL MTG 2.789% 1/25/22 $1 PV ON 28.7900 SHARES DUE 8/25/2021 $0.00232/PV ON 12,387.38 PV DUE 8/25/21 0.0000 0.000000 28.79 0.00 0.00 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137APP61 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.789% 1/25/22 CURRENT YEAR AMORTIZATION 0:0000 0x080000:. 0.00 -7.23' 0:00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M 0 MULTICLA 2.373% 5/25/22 -247.7500 0.000000 247.75 -249.85 0.00 -2.10 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 196.4600 SHARES DUE 8/25/2021 $0.00198/PV ON 99.348.98 PV DUE 8/25/21 0.0000 0000m0 196.46s 0:00 '000: 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137ATRW4 AMORTIZED PREMIUM ON F H L M C MULTICLA 2.373% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.93 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 31374W053 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -1,550.1200 0.000000: 1,550.1.2: -1,521,29. 0.00'. 28.83 256350021 RCTC 2013 A&B TOLL 808 RESIDUAL FD 08/25/2021 3137AWQG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 19.1700 SHARES DUE 8/25/2021 $0.00132/PV ON 14.532.87 PV DUE 8/25/21 0.0000 0.000000 19.17 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137AXHN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -851.5700 0.000000 851.57 -839.86. 0.00. 11.71 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 3.4300 SHARES DUE 8/25/2021 $0.00146/PV ON 2,351.82 PV DUE 8/25/21 0.0000 0.000000 3.43 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 $1 PV ON 360000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 804.60 0.00 .0.00. 0.00 256350021 RCTC 2013 MB TOLL 805 RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137B1UF7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -423.4800 0.000000 423.48 -417.26 0.00 6.22 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/25/2021 3137810F7 INTEREST EARNED. ON F H L M C MLTCL MTG 1.785% 9/25/22 $1 PV ON 7.4800 SHARES. DUE 8/25/2021 $0.00149/PV ON 5,030.15 PV DUE 8/25/21 0.0000 0.000000 7.48 0.00 0.00: 0.00 256350021 RCTC 2013 A&B TOLL 850 RESIDUAL FD 08/25/2021 3137B7YY9 INTEREST EARNED ON F H L M C MLTCL MT 3.48996% 1/25/24 $1 PV ON 120000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 349.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137BFE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2720% 8/25/24 -5,582.1400 0000000 5,582.14 -5,764.01 0.00 -181.87 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 31378FE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/24 $1 PV ON 569.3700 SHARES DUE 8/25/2021 $0.00227/PV ON 251,186.88 PV DUE 8/25/21 0.0000 0.000000 569.37 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021. 31378FE80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 0.0000:. 0.000000: 0.00: -230.01 0.00. 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137BJP56 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.697% 1/25/25 -826.2000 0.000000 826.20 -853.18 0.00 -26.98 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137BJP56 _ INTEREST EARNED ON F H L M C MLTCL MTG 2697% 1/25/25 $1 PV ON 84.1600 SHARES DUE 8/25/2021 $0.00225/PV ON 37,446.50 PV DUE 8/25/21 00000 0.0 90 84.16 0x00. 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 08/25/2021 31376JP56 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.697% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -30.18 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 250000.0000 SHARES DUE 8/25/2021 00000 .0.000000'. 57,00+. 0.00. 0.00; 000 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2,802% 1/25/25 -5825.7900 0:000000 5,825.79 -6,084.47 -258.68 0.00 256350021 RCTC 2013 An TOLL BDS RESIDUAL FD 08/25/2021 3137BLW87 INTEREST EARNED ON F H L M 0 MLTCL MTG 2.802% 1/25/25 $1 PV ON 674.2100 SHARES DUE 8/25/2021 30.00234/P5 ON 288,740.21 PV DUE 8/25/21 00000 0000000: 514:21 0.00: 0.00. 0:00 256350021 RCTC 2013 4&B TOLL BDS RESIDUAL FD 08/25/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -318.21 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FO 08/25/2021 08/25/2021 08/25/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 08/25/21 -2,387.8600 0000000 2,387.86 -2,391.44 0.00 •3;58 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 08/25/2021 3138EKXL4 INTEREST EARNED ON FNMA #AL3382 2.336% 3/01/23 $1 PV ON 40168.0400 SHARES DUE 8/25/2021 8/25 PENALTY PAYMENT 0.0000 0.000000 46.90 0.00 0.00 0.00 08/25/2021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 3138EKXL4 AMORTIZED PREMIUM ON FNMA #AL3382 2.336% 3/01/23 CURRENTS tiyMORTIZATION 0.0000. 0.0 0.00 -6.66 0.00 0.00 Page 56 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date lrade Date Settlement Date ('USII' Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss (:nits Price Amount Amount Gain/Loss Amount Amount 256350021 RCTC 2013 A80 TOLL BDS RESIDUAL FD 08/25/2021 3138EKXL4 INTEREST EARNED ON FNMA #AL3382 2.336% 3/01/23 $1 PV ON 80.3500 SHARES DUE 8/25/2021 P & I DUE 08/25/21 PAID DOWN PAR VALUE OF FNMA #AM8892 2.600% 7/01/25 JULY FNMA DUE 8/25/21 256350021 RCTC 2013.A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3138L9348 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 0.0000 0.000000 80.35 -201.3900. b,00boo0. 201.39 0.00 -212.11 0.00 -10.72 0.00 0.00 3138L93A8 AMORTIZED PREMIUM ON FNMA #AM8892 2.600% 0.0000 0.000000 0.00 -135.80 0.00 0.00 7/01/25 CURRENT YEAR AMORTIZATION 256350021 RCTC 2013 A80 TOLL BDS RESIDUAL FD 08/25/2021 3138L93A8. INTEREST EARNED ON FNMA #AM8892 2.600% 7/01/25 0.0000 0.000000 49,17 0.00 0.00 0.00 $1 PV ON 259.1700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 256350021 RCTC 2013 A00 TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 31397LUK3 PAID DOWN PAR VALUE OF FNMA 0T0 REMIC 4.500% -2,718.0400 0.000000 2,718.04 -2,731.15 0.00 -13.11 6/25/23 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 31397LUK3 INTEREST EARNED ON F N M A GTD REMIC 4.500%. 0.0000 0.000000 75:8.1 0.00 0.00 0.00 6/25/23 $1 PV ON 75.8100 SHARES DUE 8/25/2021 $0.00375/PV ON 20.215.69 PV DUE 8/25/21 31397LUK3 AMORTIZED PREMIUM ON FNMA GTD REMIC 4.500% 6/25/23 CURRENT YEAR AMORTIZATION 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 0.0000 0,000000 0.00 -5.07 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3140J7032 PAID DOWN PAR VALUE OF FNMA #8M3173 3.500% -1,157.0300.. :0.000000. 1,157.03 -1,228.86 -71.83 0.00 10/01/31 JULY FNMA DUE 8/25/21 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140J7532 AMORTIZED PREMIUM ON FNMA #8M3173 3.500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -54.88 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140J7Q32 INTEREST EARNED ON FNMA #BM3173 3.500% 10/01/31 $1 PV ON 112.5300 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 112.53 0.00 0.00 0.00 256350021 RCTC 2013 A88 TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JULY FNMA DUE 8/25/21 -1,318.4700 0.000000 1,318.47 -1,395.84 -77.37 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -95.30 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 212.8200 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 212.82 0.00 0.00 0.00 256350021 RCTC 2013 A88 TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021. 08/25/2021 3140041-190 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 JULY FNMA DUE 8/25/21 -5,685.9300 0.000000. 5,685.93 -5,967.42. -281.49 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -183.19 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140041-190 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 415.3000 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 415.30 0.00'. 0.00 0.00 256350021 RCTC 2013 486 TOLL BDS RESIDUAL FO 08/25/2021 08/25/2021 08/25/2021 3140X7LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JULY FNMA DUE 8/25/21 -6,599.5800 0.000000 6,599.58 -6,914.71 -315.13 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140X7LS6 AMORTIZED PREMIUM ON F N M A #FM3936 2500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -134.78 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 388.8800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 388.88 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JULY FNMA DUE 8/25/21 -3238.8100 0.000000. 3,238.81 -3,450.96 -212.15 0:00 256350021 RCTC 2013 A&B TOLL 8DS RESIDUAL FD 08/25/2021 3140X90K8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -118.98 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 270.7000 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000.,3031'. 270.70 0431. 0.00 0.00 256350021 ROTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 08/25/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 JULY FNMA DUE 8/25/21 -724.1600 0.000000 724.16 -745.01 -20.85 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.00031 0000000 0.00 =37,5'7 0.00 000 256350021 RCTC 2013 A80 TOLL BDS RESIDUAL FD 08/25/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 31 PV ON 79.0900 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 79.09 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 912828927 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.625% 12/31/21 0.0000 0.000000. 1,261.14 0:00 0.00 0:00 256350021 RCTC 2013 A&B TOLL 8DS RESIDUAL FD 08/25/2021 912828YZ7 AMORTIZED PREMIUM ON U S TREASURY NT 1.625% 12/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -924.99 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/24/2021 08/25/2021 912828027 SOLD PAR VALUE OF U S TREASURY NT 1625% 12/31/21 /SBNYUS33 CITGROUP GBL MKTS NY/510,000 PAR VALUE AT 100.55859412 % -510,000.0000 1.005586 512,846.03 -512,819;01 "29.82 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/25/2021 08/25/2021 912820004 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.250% 6/15/24 0.0000 0.000000 -264.31 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,442.37 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,442.37 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/27/2021 08/27/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 12/15/23 0.0000 0.000000 -33.66 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL 800 RESIDUAL FD 08/31/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS ... 0.0000 0.000000 -11,778.84 0.00 0.00 0.00 Page 57 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description Units 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/31/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.000©: 0.000000 11,778.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0D 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 08/31/2021 912828J43 INTEREST EARNED ON U S TREASURY NT 1.750% 2/28/22 $1 PV ON 1350000.0000 SHARES DUE 8/31/2021 0.0000 0.000000 11,812.50 0.00 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/01/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -572,73 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/01/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 572.73 0 D0 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/01/2021 283062DK0 INTEREST EARNED ON EL DORADO CA 0.739% 3/01/22. $1 PV ON 155000.0000 SHARES DUE 9/1/2021 0.0000 0.000000 572.73 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/01/2021 31846V401 INTEREST EARNED ON FIRST AM GOVT 08 FD CL D UNIT ON 0.0000 SHARES DUE 8/31/2021 INTEREST FROM 8/1/21 TO 8/31/21 0.0000 0.000000 0.90 0.00 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 09/02/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0,000000:. -0.90 0.00 256350021 RCTC 2013 660 TOLL BDS RESIDUAL FD 09/02/2021 CASH RECEIPT TRANSFER FROM INCOME. INCOME EARNINGS 0.0000 0.000000 0.90 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/09/2021 89788MAF9 INTEREST EARNED ON TRUIST FINL MTN 0.00001% 6/09/25 $1 PV ON 245000.0000 SHARES DUE 9/9/2021 0.0000 0:000000 284.15 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/10/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -284.15 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/10/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.00001 0.000000 284.15. 000 000 0:00 256350021 RCTC 2013 A&B TOLL 8DS RESIDUAL FD 09/14/2021 4581 X0CZ9 INTEREST EARNED ON INTER AMER DEV BK 1.750% 9/14/22 $1 PV ON 650000.0000 SHARES DUE 9/14/2021 0.0000 0.000000 5,687.50 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -11,699.71 0.00 0.00 0.00 256350021 RCTC 2013 468 TOLL BDS RESIDUAL FD 09/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 11,699.71 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 12596EAC8 INTEREST EARNED ON CNH EQUIPMENT TRUST 3.190% 11/15/23 $1 PV ON 142.2300 SHARES DUE 9/15/2021 $0.00266/PV ON 53,505.22 PV DUE 9/15/21 0.0000 0.000000: 142.23 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 12596EAC8 AMORTIZED PREMIUM ON CNH EQUIPMENT TRUST 3.190% 11/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -18.96 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 09/15/2021 12596EAC8 PAID DOWN PAR VALUE OF CNH EQUIPMENT TRUST 3.190% 11/15/23 -5,734.0.500 0.000000 5704.05 =5,762.79, 8.00. -28:74 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 14041 NFUO INTEREST EARNED ON CAPITAL ONE MULTI 1.720% 3/15/24 $1 PV ON 143.3300 SHARES DUE 9/15/2021 $0.00143/PV ON 100.000.00 PV DUE 9/15/21 0.0000 0.000000 143.33 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 14315XAC2 INTEREST EARNED ON CARMAX AUTO OWNER 1.890% 12/16/24 $1 PV ON 94.5000 SHARES DUE 9/15/2021 $0.00158/PV ON 60,000.00 PV DUE 9/15/21 0.0000 0.000000 94-50 0.00".: 000 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 14315X.000 INTEREST EARNED ON CARMAX AUTO OWNER 2.030% 6/16/25 $1 PV ON 473.6700 SHARES DUE 9/15/2021 $0.00169/PV ON 280,000.00 PV DUE 9/15/21 0.0000 0,000000 473.67 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -47.58 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 104.9700 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 104.97 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 09/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M 0 M518586 2.500% 2/01/31 AUGUST FHLMC DUE 9/15/21 -1,486.7900 0:000000. 1,486.79 -1,554:14 -67.35 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 09/15/2021 3132556V1 PAID DOWN PAR VALUE OF F H L M C GD U79019. 3000% 7/01/28 AUGUST FHLMC DUE 9/15/21 -973.1200 0.000000 973.12 -980.29. 0.00 -7.17 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 313255AV1 AMORTIZED PREMIUM ON F H L M C GD U79019 3.000% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -44.86. 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3152556V1 INTEREST EARNED ON F H L M C GD U79019 3.000% 7/01/28 51 PV ON 110.1500 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 110.15 0.00 0.00 0.00 256350021 8010 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021. 09/15/2021 3137A2PV7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500%. 9/15/22 -728.5400 0.000000 728.54. -715.79. 0.00 12.75 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3137A2PV7 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 9/15/22 $1 PV ON 18.4800 SHARES DUE 9/15/2021 $0.00125/PV ON 14.782.38 PV DUE 9/15/21 0.0000 0.000000 18.48 0.00 0.00 0.00 256350021 RCTC 2013: A&B TOLL BDS RESIDUAL FD. 09/15/2021 09/15/2021 09/15/202131375AUY1 PAID DOWN PAR VALUE OF FH L M C MLTCL MTG 1.5005. 10/15/22 -0,729.4800 0000000: 3,729:48 -3,69102 000 38.46 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3137GAUY1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 10/15/22 $1 PV ON 87.0600 SHARES DUE 9/15/2021 $0.00125/PV ON . 40,551.00 PV DUE 9/15/21 0.0000 0.000000 87.06 0.00 0.00 0.00 Page 58 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 09/15/2021 313945509 Units -633.2800 Price 0.000000 Net Cash Amount 633.28 48.10 0.00 Federal Tax Cost Short Term Amount Gain/Loss Amount -639.53 0.00 0.00 0.00 -7.83 0.00 Long Term Gain/Loss Amount -6.25 0.00 Description PAID DOWN PAR VALUE OF F 9 L M C MLTCL MTG 5.500% 8/15/23 Account Account Transaction Date ,. ha. • 'la e 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 31394GUX9 INTEREST EARNED ON F H L M C MLTCL MTG 5.500% 8/15/23 $1 PV ON 48.1000 SHARES DUE 9/15/2021 $0.00458/PV ON 10.495.54 PV DUE 9/15/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 31394GUX9 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 5.500% 8/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 34528QFU3 INTEREST EARNED ON FORD CREDIT 2.480% 9/15/24 $1 PV ON 206.6700 SHARES DUE 9/15/2021 $0.002071P0 ON 100,000.00 PV DUE 9/15/21 0.0000 0.000000 206.67 0.00 0.00 0.00 256350021'.. RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 34528QGX6 INTEREST EARNED ON FORD CREDIT FLRPLN 3.250% 4/15/26 $1 PV ON 270.8300 SHARES DUE 9/15/2021 $0.00271/PV ON 100000.00 PV DUE 9/15/21 0.0000 0.000000. 270.83 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 34528QHK3 INTEREST EARNED ON FORD CREDIT MSTR 0.700% 9/15/25 $1 PV ON 131.2500 SHARES DUE 9/15/2021 $0.00058/PV ON 225.000.00 PV DUE 9/15/21 0.0000 0.000000 131.25 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 09/15/2021 3622A2GC0 PAID DOWN PAR VALUE OF N M A#783795 2,500% 3/15/28 AUGUST GNMA DUE 9/15/21 -7,350.2300 0.000000 7,350.23 -7,548.17 0.00 -197.94 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 3622A2GC0 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -120.45 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 09/15/2021 362242000 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 329.8500 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 0.000000 329.85 0.00 0.00 0-00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 650036AS5 INTEREST EARNED ON NEW YORK ST URBAN 0.965% 3/15/24 $1 PV ON 180000.0000 SHARES DUE 9/15/2021 0.0000 0.000000 868.50 0,00 0.00 0.00 25635.0.021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 9'128.28209 INTEREST EARNED ON 0 S TREASURY NT 0.500% 3/15/23 $1 PV ON 1560000.0000 SHARES DUE 9/15/2021 0.0000 0.000000 3,900.00 0.00'. 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 98162HAC4 INTEREST EARNED ON WORLD OMNI 1.700% 1/15/23 $1 PV ON 332.9200 SHARES DUE 9/15/2021 $0.00142/PV ON 235,000.00 PV DUE 9/15/21 0.0000 0.000000 332.92 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 981629405 AMORTIZED PREMIUM ON WORLD OMNI AUTO 3.040% 5/15/24 CURRENT YEAR AMORTIZATION 0.0000 0.005000. oar) -63:.81 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 98162YAD5 INTEREST EARNED ON WORLD OMNI AUTO 3.040% 5/15/24 $1 PV ON 212.1800 SHARES DUE 9/15/2021 $0.00253/PV ON 83.754.03 PV DUE 9/15/21 0:0000 0.000000 212.18 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/15/2021 09/15/2021 09/15/2021 98162YAD5 PAID DOWN PAR VALUE OF WORLD OMNI AUTO 3.040% 5/15/24 -7,850.5200 0.000000 7,850,52. -7,945.06 -94.54 0.00 256350021 RCTC 2013 A58 TOLL BDS RESIDUAL FD 09/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -1,542.28 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1,542.28 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 38013FAD3 INTEREST EARNED ON GM FINANCIAL 3.210% 10/16/23 $1 PV ON 60.3100 SHARES DUE 9/16/2021 $0.00268/PV ON 22,546.82 PV DUE 9/16/21 0.0000 0.000000 60.31 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 38013FAD3 AMORTIZED PREMIUM ON GM FINANCIAL 3.210% 10/16/23 CURRENT YEAR AMORTIZATION 0-0000 0.000000 0.00 -8,71 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 09/16/2021 09/16/2021 38013FAD3 PAID DOWN PAR VALUE OF GM FINANCIAL 3.210% 10/16/23 -2,925.3900 0.000000 2,925.39 -2949.18 0.00 -23.79 256350021 RCTC 2013 A&8 TOLL BDS RESIDUAL FD 09/16/2021 09/16/2021 09/16/2021 38376T521 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC 3.000% 1/16/39 -908.0700 0.000000. 908.07 -938.64 -30.57 0.00 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 38376T5Z1 INTEREST EARNED ON 5 N M A GTD REMIC 3.000% 1/16/39 $1 PV ON 79.8000 SHARES DUE 9/16/2021 $0.00250/PV ON 31.920.73 PV DUE 9/16/21 0.0000 0.000000 79.80 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/16/2021 383767521 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 1/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.66 0.00 0.00 256350021 RCTC 2013 MB TOLL BDS RESIDUAL FD 09/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -60.31 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/17/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 60.31 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -874.97 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 874.97 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 09/20/2021 09/20/2021 3617902A8 PAID DOWN PAR VALUE OF G N M A I I #MA2569 3.000% 2/20/30 AUGUST GNMA DUE 9/20/21 -8,200.7800 0.000000 8,200.78 -8,531.34 0.00 -330.56 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 09/20/2021 3617902A8 AMORTIZED PREMIUM ON G N M A II #MA2569 3.000% 2/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -208,58 0.00 0100 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 361790248 INTEREST EARNED ON G N M A I I #MA2569 3.000% 2/20/30 $1 PV ON 541.4900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9120/21 0.0000 0.000000 541.49 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 09/20/2021 09/20/2021 09/20/2021 3617995D6 PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% 6/20/30 AUGUST GNMA DUE 9/20/21 -1,403.7600 0.000000 1,403.76 -1,452.86 0.00 -49.10 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 09/20/2021 36179RFD6 AMORTIZED PREMIUM ON G N M A I I #MA2864 3.000% 6/20/30 CURRENT,aQI5-AMORTIZATION 0.0000 0.000000 0.00 -34.23 0.00 0.00 Page 59 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source " ill. • lit ettlement Date CUSIP 36179RF56. Description INTEREST EARNED ON G N M A 1 I #MA2064 3.000% 6/20/30 $1 PV ON 105.5600 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 Units 0.0000 Price 0.000000 Net Cash Amount 105.56 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 Long Term Gain/Loss Amount 0.00 -25.43 Account Account Transaction 12'e 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 09/20/2021 09/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A II #005276 3.000% 1/20/27 P & I DUE 09/20/21 -1,878.7600 0.000000 1,878.76 -1,904.19 0.00 6350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021: 36202F2H8 AMORTIZED PREMIUM ON G N M A 11#005276 3,000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.95 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 36202F2H8 INTEREST EARNED ON G N M A I 10005276 3.000% 1/20/27 $1 PV ON 119.2700 SHARES DUE 9/20/2021 P & I DUE 09/20/21 0.0000 0.000000 119.27 0.00 0.00 0.00 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 09/20/2021 09/20/2021 92347YAA2 PAID DOWN PAR VALUE OF VERIZON OWNER TRUST 2.930% 9/20/23 12,781.3500 0:000000 12,781.35 12,947.54 -166.19 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 92347YAA2 INTEREST EARNED ON VERIZON OWNER TRUST 2.930% 0.0000 0.000000 227.92 0.00 0.00 0.00 9/20/23 $1 PV ON 227.9200 SHARES DUE 9/20/2021 $0.00244/PV ON 93,347.42 PV DUE 9/20/21 256350021 ROTC 2013 A&B TOLL BDS RESIDUAL FD 09/20/2021 92347YAA2 AMORTIZED PREMIUM ON VERIZON OWNER TRUST 2.930% 9/20/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -51.54 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/21/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -119.27 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/21/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 119.27 0.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -5,269.11 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FE 09/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000( 0.000000 5,269.11 0.00 0.00. 100 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3132AB5161 PAID DOWN PAR VALUE OF F 9 L M C #ZS8063 2.500% -7,465.8800 0.000000 7,465.88 -7,787.70 0.00 -321.82 9/01/32 AUGUST FHLMC DUE 9/25/21 256350021 RCTC 2013A&B TOLL BDS RESIDUAL FD 09/27/2021 3132.68591 AMORTIZED PREMIUM ON F H L M C #Z08063 2,500% 9101/32 CURRENT YEAR AMORTIZATION 0.0000: "0:000000 0.00 -190.48 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3132A85Y1 INTEREST EARNED ON F H L M C #Z08063 2.500% 9/01/32 $1 PV ON 504.4400 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 504.44 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500% 1/01/33 AUGUST FHLMC DUE 9/25/21 -1,535.1800: 0:000000 1,535116: -,658.15 -122.99 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1969 3.500% 0.0000 0.000000 0.00 -116.21 0.00 0.00 1/01/33 CURRENT YEAR AMORTIZATION 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 197.4800 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000, 0,000000 997.48.: 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% -3.564.4000 0.000000 3,564.40 -3,775.52 -211.12 0.00 11/01/30 AUGUST FHLMC DUE 9/25/21 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/38 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -214,34 0.00 509 2 563 50 021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 428.6600 SHARES DUE 9/25/2021 0.0000 0.000000 428.66 0.00 0.00 0.00 AUGUST FHLMC DUE 9/25/21 256050021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 89/25/2021 09/27/2021 3133050Z3 PAID DOWN PAR VALUE OF F H L M C GTD REMIC 1.000% 9/25/33 -6,096.8500 0.000000: 6096.85 -6,167.09. -70.24. 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3133Q50Z3 INTEREST EARNED ON F H L M C GTD REMIC 1.000% 9/25/33 $1 PV ON 172.3000 SHARES DUE 9/25/2021 0.0000 0.000000 172.30 0.00 0.00 0.00 80.00083/PV ON 206,759.57 PV DUE 9/25/21 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FE 09/27/2021 3133Q5GZ3 AMORTIZED PREMIUM ON F H L M C GTD REMIC 1.000% 9/25/33 CURRENT YEAR AMORTIZATION 10000 0.000000 0.00 -65.58 0.00'. 0 o0 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3136A72D3 PAID DOWN PAR VALUE OF F N M A GTE REMIC 2.482% 4/25/22 -2,234.0900 0.000000 2,234.09 -2,237.05 0.00 -2.96 256350021 RCTC 2013A&B TOLL BDS RESIDUAL FD 09/27/2021 3136A7203 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482%. 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 •1.93 0,00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 21.9900 SHARES DUE 9/25/2021 $0.00207/PV ON 10.631 31 PV DUE 9/25/21 0.0000 0.000000 21.99 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD. 09/27/2021 09/25/2021 09/27/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTE REMIC 1.250% 4/25/28 -2,029.0505 0,000000: 2,029,05 -2045.60 -16.55 500 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 74.5300 SHARES DUE 9/25/2021 80.00104/PV ON 71,550.36 PV DUE 9/25/21 0.0000 0.000000 74.53 0.00 0.00 0.00 256350021. RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/26 CURRENT YEAR AMORTIZATION 10000 0000000 000 -18.57 0.00: 0:00 256350021 RCTC 2013 A&B TOLL 800 RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3136AMM48 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.509% 7/25/22 -3.141.5200 0.000000 3,141.52 -3,146.69 0.00 -5.17 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 434.0800 SHARES DUE 9/25/2021 $0.00209/PV ON 207.611.17 PV DUE 9/25/21 0.0000 0.090000 434.08 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3136AMM48 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.509% 7/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.40 0.00 0.00 407 Page 60 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Settlement Date CUSIP 09/27/2021 3137APP61 Units -1,627.5000 Price 0.000000 Net Cash Amount 1,627.50 27.76 Federal Tax Cost Short Amount Gain/Loss -1.631.67 0.00 -6.98 Term Amount 0.00 0.00 0.00 0.00 Long Term Gain/Loss Amount -4.17 0.00 0.00 -18.81 0.00 Description PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.789% 1/25/22 Account Account Transaction Date ` tit. is e 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137APP61 INTEREST EARNED ON F H L M C MLTCL MTG 2.789% 1/25/22 $1 PV ON 27.7600 SHARES DUE 9/25/2021 $0.00232/PV ON 11.945.28 PV DUE 9/25/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137APP61 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.789% 1/25/22 CURRENT YEAR AMORTIZATION 0:0000: 0.000000 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M 0 MULTICLA 2.373% 5/25/22 -2,307.8800 0.000000 2,307.88 -2.326.69 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 208.2000 SHARES DUE 9/25/2021 $0.00210/PV ON 99.101.23 PV DUE 9/25/21 0.9000': 0,000000 208.20 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137ATRW4 AMORTIZED PREMIUM ON F H L M 0 MULTICLA 2.373% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.85 0.00 0.00 256350021 RCTC 2013.A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3137AWQG3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583%.: 4/25/22 -1,555.2800 0.000000 25,55.28': 1,526,36. 0:00 28.92 256350021 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137AWQG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 17.1300 SHARES DUE 9/25/2021 $0.00132/PV ON 12.982.75 PV DUE 9/25/21 0.0000 0.000000 17.13 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3137AXHN6 PAID DOWN PAR VALUE OF F 9 L M 0 MLTCL MTG 1.749% 2/25/22 -834.2800 0.000000 834.28 -822.81 0.00 11.47 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 2.1900 SHARES DUE 9/25/2021 $0.00146/PV ON 1,500.25 PV DUE 9/25/21 0.0000 0.000000 2.19 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 $1 PV ON 804.6000 SHARES DUE 9/25/2021 $0.00224/PV ON 360,000.00 PV DUE 9/25/21 0.0000 0.000000 804.60 0-00 0.00: 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 313761 UF7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -424.8200 0.000000 424.82 -418.58 0.00 6.24 256350021 RCTC. 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137B1UF7 INTEREST EARNED ON F H L M C MLTCL MTG 1.785% 9/25/22 $1 PV ON 6.8500 SHARES DUE 9/25/2021 $0.00149/PV ON 4.606.67 PV DUE 9/25/21 80000! 0,8880001 6.85 0.00 0:00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137B7YY9 INTEREST EARNED ON F H L M C MLTCL MT 3.48996% 1/25/24 $1 PV ON 349.0000 SHARES DUE 9/25/2021 $0.00291/PV ON 120.000.00 PV DUE 9/25/21 0.0000 0.000000 349.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 31378FE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.720% 8/25/24 -5,601.4400 0.000000 5,601.44 -5,778.81 0.00 -177.37 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137BFE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/24 $1 PV ON 556.7100 SHARES DUE 9/25/2021 $0.00227/PV ON 245.604.74 PV DUE 9/25/21 0.0000 00000 0.000000 0.000000 556.71 000 0,00 -22",4,00 0.00 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137BFE80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3137BJP56 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2697% 1/25/25 -828.9300 0.000000 828.93 -855.33 0.00 -26.40 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137BJP56 INTEREST EARNED ON F H L M C MLTCL MTG 2.697% 1/25/25 01 PV ON 82.3000 SHARES DUE 9/25/2021 00.00225/PV ON 36,620.30 PV DUE 9/25/21 0.0000 0.000000 82.30 0.00 0.00' 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137BJP56 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.697% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0,00 -29.52 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31378J071 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 250000.0000 SHARES DUE 9/25/2021 00000 0.000000 577.08 000 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -5,845.8500 0.000000 5,845.85 -6,098.98 -253.13 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2802% 1/25/25 $1 PV ON 660.6100 SHARES DUE 9/25/2021 $0.00234/PV ON 282,914.42 PV DUE 9/25/21 0.0000 0.0,00:000. 660;111 040.0 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31376LW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -311.79 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 09/25/21 -3,090:5500 0000000 3,090.55: 3094.72. 0.00 -4.17 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3138EKXL4 AMORTIZED PREMIUM ON F N M A #AL3382 2.336% 3/01/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0,00 -5.74 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2336% 3/01/23 01 PV ON 75.6400 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 75.64 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 37780.1800 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0.0000 0.000000 53.34 0.00 0.00 0.00 256350021 RCTC 2013 AO TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3138L93A8 PAID DOWN PAR VALUE OF F N M A #AM8892 2.600% 7/01/25 P & I DUE 09/25/21 -115558.4900 0000000 115,558.49 -121,571.29 -6,012.80 0.00 256350021 RCTC 2013 A00 TOLL BDS RESIDUAL FD 09/27/2021 3138L93358 AMORTIZED PREMIUM ON F N M A #AM8892 2.600% 7/01/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -135.56 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3138L93A8 INTEREST EARNED ON F N M A #AM8892 2.600% 7/01/25 $1 PV ON 258.7200 SHARES DUE 9/25/2021 P & I DUE 09/25/21 . .,-.,.., 0.0000 0.000000 258.72 0.00 0.00 0.00 Page 61 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350021 RCTC 2013 A50 TOLL BDS RESIDUAL FD 'transaction Date 09/27/2021 I rade bate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSIP Description C nits 3138L9348 INTEREST EARNED ON F N M A #AM8692 2.600% 7/01/25 0.0000 $1 PV ON 115558.4900 SHARES DUE 9/25/2021 9/25/21 INT PYMT Price 0.000000 Net Cash Amount 8,293.43 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 Long Term Gain/Loss Amount 0.00 -1285 256350021 RCTC 2013.A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 31397LUK3 PAID DOWN PAR VALUE OF F 9 M A GTD REMIC 4.500% 6/25/23 2.802.57001 0000000. 2,802.57 -2,815.42. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31397LUK3 INTEREST EARNED ON F N M A GTD REMIC 4.500%. 6/25/23 $1 PV ON 65.6200 SHARES DUE 9/25/2021 $0.00375/PV ON 17.497.65 PV DUE 9/25/21 0.0000 0.000000 65.62 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31397LUK3 AMORTIZED PREMIUM ON F N M A GTD REMIC 4.500% 6/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.16 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3140J7Q32 PAID DOWN PAR VALUE OF F N M A #8M3173 3.500% 10/01/31 AUGUST FNMA DUE 9/25/21 -993.1200 0.000000 993.12 -1,053.39 -60.27 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140J7032 AMORTIZED PREMIUM ON F N M A #BM3173 3.500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -52.31 0.00 0.00 256350021 RCTC 2013 A50 TOLL BDS RESIDUAL FD 09/27/2021 3140J7032 INTEREST EARNED ON F N M A #BM3173 3.500% 10/01/31 $1 PV ON 109.1600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 109.16 0.00 0.00 0.00 256350021 RCTC 2013 An TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 AUGUST FNMA DUE 9/25/21 -1,501.8600 0.000000. 1,501.86 -1,588.33 -86.47 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -92.57 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 209.5200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 209.52 0.00 0.00 0.00 256350021 RCTC 2013 A50 TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021 09/27/2021 314004990 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 AUGUST FNMA DUE 9/25/21 -5,758.3200 0.000000 5,758.32 -6,038.16 -279.84 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140041-190 AMORTIZED PREMIUM ON F N M A #FM1155 2500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -175.76 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 314004H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 403.4500 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 403.45 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 09/25/2021. 09/27/2021 314007LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 AUGUST FNMA DUE 9/25/21 -7,133.1600 0.000000. 7,133.16 -7,468.67 -335.51 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 314007L06 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -128.70 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 375.1300 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 375.13 0.00 0.00 0.00 256350021 RCTC 2013 450 TOLL BDS RESIDUAL FO 09/27/2021 09/25/2021 09/27/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 AUGUST FNMA DUE 9/25/21 -3,391.3600 0.000000 3,391.36 -3,609.82 -218.46 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -114.00 0.00. 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 3140095K8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 262.6000 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 262.60 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FO 09/27/2021 09/25/2021 09/27/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31. AUGUST FNMA DUE 9/25/21 -676.1100 0.000000. 676-11 -695.18 -19.07 0:00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.83 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/27/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 77.8800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.0 90'. 77.88 0.00' 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/28/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -10,041.29 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/28/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 10,041.29 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/30/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -18,812.50 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/30/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 18,812.50 0.00 0.00 0.00 256350021 RCTC 2013 A&B TOLL BDS RESIDUAL FD 09/30/2021 912828L57 INTEREST EARNED ON U S TREASURY NT 1.750% 9/30/22 $1 PV ON 2150000.0000 SHARES DUE 9/30/2021 0.0000 0.000000 18,812.50 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/01/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2396% 6/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 T70.17 0.00 0.00 256350023 RCTC 2013 A&B TOLL 13110 2013A&B RSV 07/01/2021 06/25/2021. 07/01/2021 3137AUPE3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.396% 6/25/22 -1,812.7400 0.000000 1,812.74 -1,760.08 0.00 5266 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/01/2021. 31546V401 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 SHARES DUE 6/30/2021 INTEREST FROM 6/1/21 TO 6/30/21 0.0000 0.000000 1.23 0.00 0.00' 0.00 256350023 RCTC 2013 A50 TOLL BDS 2013A&B RSV 07/01/2021 07/01/2021 912828.143 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY 0.0000 0.000000 -2,602.89 0.00 0.00 0.00 NT 1.750% 2/28/22 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/02/2021 07/02/2021 07/02/2021 38377REV3 DISTRIBUTED PAR VALUE OF G N M A GTD REMIC 3.500% 10/20/39 VALUED AT 0.01 TO CLEAR SHS -0.0100 0.000000 0,00 -0.01 0.00 0.00 409 Page 62 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION Source ' rade'i'ae 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement hate ('USII' Description Units 9120285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 0.0000 ADJUSTED BY 515.00 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Amount Gain/Loss Term Amount 0.00 -33.00 Long Term Gain/Loss Amount 0.00 Account Accounl 't ransaction bate 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/13/2021 515.00 256350023 RCTC2013 MB TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021 07/15/2021 3128MENS6 PAID DOWN PAR VALUE OF F H L M C W015601 2.500% 1/01/29 JUNE FHLMC DUE 7/15/21 -869.1200.. 0.000000. 869.12 -902.12. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3128MENS6 AMORTIZED PREMIUM ON F H L M C GD G15601 2.500%. 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -26.54 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3128MENS6 INTEREST EARNED ON F H L M C W515601 2.500% 1/01/29 $1 PV ON 60.3100 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 60.31 0.00'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/15/2021 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD 018571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -89.97 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3128MMT52 INTEREST EARNED ON F H L M C GD G18571 2.500% 10/01/30 $1 PV ON 210.9800 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 210.98 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013,48,13 RSV 07/15/2021 07/15/2021 07/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GO 618571 2.500% 10/01/30 JUNE FHLMC DUE 7/15/21 -3,309.5400 0.000000 3,309.54 -3,453.12 -143.58 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 07/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD 018586 2.500% 2/01/31. CURRENT YEAR AMORTIZATION 0,0009: '0.000000. 000 -72.18 0.00 000 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 203.4400 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 203.44 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021 07/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M COD 018586 2.500% 2/01/31 JUNE FHLMC DUE 7/15/21 -3,035.7500 0.000000 3,035.75 -3,148.59 0.00 -112.84 256350023 RCTC 2013 A&B TOLL BDS 2013068 RSV 07/15/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -250.06 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/3031 PV ON 431.9300 SHARES DUE. 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 431.93 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/15/2021 07/15/2021 07/15/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 JUNE FHLMC DUE 7/15/21 '4,900.6700 0.000000 4,900.67 -5,221.75 -321.08 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 07/15/2021 3137000E1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -44.49 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3137A00E1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/2731 PV ON 103 7000 SHARES DUE 7/15/2021 $0.00125/PV ON 82.963.28 PV DUE 7/15/21 0.0000 0.000000 103.70 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021 07/15/2021 3137000E1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1,500% 5/15/27 -2,242.4000 0.000000 2,242.40 -2,278.00 -35.60 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/15/2021 07/15/2021 07/15/2021 3137ARV07 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.000% 8/15/38 -2,740.0000 0.000000 2740.00 -2769.76 0.00 -29.76 256350023. RCTC 2013 A&B TOLL BDS 20130&B RSV 07/15/2021 3137ARVU7 INTEREST EARNED ON F H L M C MLTCL MTG 3.000% 8/15/3831 PV ON 6.8500 SHARES DUE 7/15/2021 30.00250/PV ON 2740.02 PV DUE 7/15/21 0.0000 0.000000 6.85 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3137ARV07 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.000% 8/15/38 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.57 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20130&0 RSV 07/15/2021 07/15/2021 07/15/2021 313700$05 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -992.7200.. 0.000000. 99272 -1,014.58 -21.86 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 313700SH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 $1 PV ON 61.0800 SHARES DUE 7/15/2021 $0.00146/PV ON 41.882.68 PV DUE 7/15/21 0.0000 0.000000 61.08 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3137A9005 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.87 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/15/2021 313705060 INTEREST EARNED ON F H L M C MLTCL MTG 2.5000 10/15/2831 PV ON 23.3400 SHARES DUE 7/15/2021 $0.00208/PV ON 11.201.34 PV DUE 7/15/21 0.0000 0.000000 23.34 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021. 07/15/2021 3137/35060 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2500% 10/15/28 -355.4400 0.90,9000, 355.44 -351.44 0.00 400 256350023 RCTC 2013 A&B TOLL BDS 2013A8B RSV 07/15/2021 07/15/2021 07/15/2021 3137B6DF5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2,000% 11/15/26 -3,416.3200 0,000000 3,416.32 -3,479.75 -63.43 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20130&6 RSV 07/15/2021 313706085 INTEREST EARNED ON F H L M C MLTCL MTG 2000% 11/15/2631 PV ON 125.1200 SHARES DUE 7/15/2021 30.00167/PV ON 75,069.26 PV DUE 7/15/21 00000. 0.000000. 125.12'. 0.00'. 0.00 0:00 256350023 RCTC 2013 MB TOLL BDS 20130&B RSV 07/15/2021 3137860F5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.000% 11/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -52.66 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3137B9RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 78.0600 SHARES DUE 7/15/2021 $0.00208/PV ON 37.468.43 PV DUE 7/15/21 0.0000 0.000000 78.06 8.00 0.00 0;00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 313789RN7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.47 0.00. 0.00 256350023 RCTC 2013 MB TOLL BDS 20130&B RSV 07/15/2021 07/15/2021 07/15/2021 313709997 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2500% 12/15/27 -1,459.5400 0.000000 1,459.54 -1,487.73. -28.19- 0.00 256350023 RCTC 2013 A&B TOLL 8DS 20130&B RSV 07/15/2021 36176XE21 AMORTIZED PREMIUM ON G N M A #778953 3.000% 3/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -134.48 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 36176XE21 INTEREST EARNED ON G N M A #778953 3.000% 3/15/27 $1 PV ON 317.5300 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 w w. 0.0000 0.000000. 317.53. 0.00 0.00 0.00 Page 63 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source .Account Account 77ansacti ''1' •- b".". 91 CIP STAMP Quarter .. i''7' CUSIP Portfolio Transaction Report by Account ended September 30, 2021 Description Units PAID DOWN PAR VALUE OF G N M A #778953 3.000% -7,100.9500 3/15/27 JUNE GNMA DUE 7/15/21 Price 0.000000 0.000000 Net Cash Amount 7,100.95 0.00 Federal Tax Cost Short Amount Gain/Loss 7.337.05 -48.74 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount -236.10 0.00 0.00 256350023 RCTC 2013 AM TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021 07/15/2021 36176XE21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/15/2021 361761(588 AMORTIZED PREMIUM ON G N M A #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 256350023 RCTC 2013 408 TOLL BDS 20134&B RSV 07/15/2021 36176X588 INTEREST EARNED ON G N M A 8779250 3.000% 5/15/27 $1 PV ON 95.7200 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 95.72 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/15/2021 07/15/2021 07/15/2021 36176X588 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 JUNE GNMA DUE 7/15/21 1,406.4500 0.000000 1,406.45 -1,462.91 -56.46. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/15/2021 07/15/2021 07/15/2021 36178N899 PAID DOWN PAR VALUE OF G N M A #A82764 2500% 8/15/27 JUNE GNMA DUE 7/15/21 -673.1200 0.000000 673.12 -677.58 0.00 -4.46 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/15/2021 36178NB99 AMORTIZED PREMIUM ON G N M A #A62764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.08 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 36178NB99 INTEREST EARNED ON G N M A #AB2764 2.500% 8/15/27 $1 PV ON 45.2300 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 45.23 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 07/15/2021 07/15/2021 07/15/2021 3620AR867 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JUNE GNMA DUE 7/15/21 -2,210.6900 0.000000 2,210.69 -2,241.04 0.00 -30.35 256350023 RCTC 2013 AM TOLL BDS 20134&8 RSV 07/15/2021 362040867 AMORTIZED PREMIUM ON G N M A 0737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.46 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3620ARB67 INTEREST EARNED ON G N M A #737261 4.000% 5/15/25 $1 PV ON 175.0000 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 175.00 0.00 0.00. 0100 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 07/15/2021 07/15/2021 3620ARZE4 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 JUNE GNMA DUE 7/15/21 -2,829.6700 0.000000 2,829.67 -2,915.09 0.00 -85.42 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/15/2021 3620ARZE4 AMORTIZED PREMIUM ON 5 N M A #737941 3.000% 2/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -75.09 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 3620ARZE4 INTEREST EARNED ON G N M A #737941 3.000% 2/15/26 $1 PV ON 163.2300 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 163.23 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 07/15/2021 3622A2500 AMORTIZED PREMIUM ON G N M 44783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -50.69 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/15/2021 362242500 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 105.3500 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 105.35 0,00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 07/15/2021 07/15/2021 07/15/2021 362242000 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JUNE GNMA DUE 7/15/21 -1,844.1300 0.000000 1,844.13 -1,912.04 -67.91 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/15/2021 9128285W6 INTEREST EARNED ON U S TREASURY I P 0.84873% 1/15/29 $1 PV ON 132682.5000 SHARES DUE 7/15/2021 0.0000 0.000000 580.49 0.00 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,810.92 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0:000000 3,810.92 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/16/2021 38375XCM4 INTEREST EARNED ON G N M A GTD REMIC 5.000% 11/16/37 $1 PV ON 75.6700 SHARES DUE 7/16/2021 S0.00417/PV ON 18.161.67 PV DUE 7/16/21 0.0000 0.000000 75,4 ' 0.00 0.00- 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 38375XCM4 AMORTIZED PREMIUM ON G N M A GTD REMIC 5.000% 11/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.49 0.00 0.00 256350023 RCTC 2013 AU TOLL BDS 2013408 RSV 07/16/2021 07/16/2021 07/16/2021 383750CM4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 5.000% 11/16/37 -2,146.4600 V) .187. 2,14440 -2,185.21 0.00 38.75 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 383786642 INTEREST EARNED ON G N M A GTD REMIC 1.826% 11/16/52 $1 PV ON 146.8700 SHARES DUE 7/16/2021 $0.00152/PV ON 96.519.46 PV DUE 7/16/21 0.0000 0.000000 146.87 0.00 0.00 0.00 256350023. RCTC2013 MB TOLL BDS 2013A&B RSV 07/16/2021 07/16/2021 07/16/2021 383788642 PAID DOWN PAR VALUE OFG N M AGTD REMIC 1.826% 11/16/52 -3,079:1600 0.000000 3,079.16 -0.52 0.00'. 3,079.14 256350023 RCTC 2013 A&B TOLL BDS 2013406 RSV 07/16/2021 3037887F0 INTEREST EARNED ON G N M A GTD REMIC 2.273% 12/16/42 $1 PV ON 852.3700 SHARES DUE 7/16/2021 $0.00189/PV ON 450,000.00 PV DUE 7/16/21 0.0000 0.000000 852.37 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20134&8 RSV 07/16/2021 38378KRS0 INTEREST EARNED ON G N M A GTD REMIC 2.38858% 7/16/43 $1 PV ON 895.7200 SHARES DUE 7/16/2021. $0.00199/PV ON 450,000.00 PV DUE 7/16/21 0.0000 0.000000. 895.72 0.00 0.00. 0.00 256350023 RCTC 2013 AM TOLL BDS 201340B RSV 07/16/2021 07/16/2021 07/16/2021 38378KRS0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.38858% 7/16/43 -31,345.3400 0.000000 31,345.34 -30,262.95 0.00 1,082.39 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/16/2021 38378KSL4 INTEREST EARNED ON G N M A GTD REMIC 2.581% 12/16/46 $1 PV ON 923.9900 SHARES DUE 7/16/2021 $0.00217/PV ON 425,000.00 PV DUE 7/16/21 0.0000 0.000000 923.99 0.00 0.00 0.00 256350023 RCTC 2013 408 TOLL 803 2013A&8 RSV 07/16/2021 38378KWU9 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 $1 PV ON 21.5300 SHARES DUE 7/16/2021 $0.00117/PV ON 18.456.87 PV DUE 7/16/21 0.0000 0.000000 21.53 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 07/16/2021. 07/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -254.7600 0.000000 254.76 -242.08 0.00 12.68 256350023 RCTC 2013 A&B TOLL BDS 2013,408 RSV 07/16/2021 38378KXW4 INTEREST EARNED ON G N M A GTD REMIC 1.705% 2/16/37 $1 PV ON 80.4700 SHARES DUE 7/16/2021 80.00142/Pt/ ON 56,638.17 PV DUE 7/16/21 0.0000 0.000000 80.47 0.00 0.00 0.00 411 Page 64 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 07/16/2021 38378KXW4 Description PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.705%.. 2/16/37 Units -1,827.9600 Price 0.000000 Net Cash Amount 1,827.96 134.65 2260.45 Federal Tax Cost Amount -0.01 0.00 -2,178.86 Short Term Gain/Loss Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 1,827.95 0.00 81.59 Account Account Transaction Date ,. i'a. •'la e 256350023 RCTC 2013 AAB TOLL BDS 2013468 RSV 07/16/2021 07/16/2021 256350023 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2.250% 12/16/41 $1 PV ON 134.6500 SHARES DUE 7/16/2021 $0.00188/PV ON 71,811.58 PV DUE 7/16/21 0.0000 0.000000 0.000000 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 07/16/2021 07/16/2021 38378VC45 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.250% 12/16/41 -2,260.4500 256350023 ROTC 2013 AM TOLL BDS 2013A&B RSV 07/16/2021 383780P62 INTEREST EARNED ON G N M A GTD REMIC 2.500% 5/16/55 $1 PV ON 271.1600 SHARES DUE 7/16/2021 $0.00208/PV ON 130,154.64 PV DUE 7/16/21 0.0000 0.000000 271.16 0.00 0.00 0.00 256350023:'. RCTC 2013 A&B TOLL BDS 20134&B RSV 07/16/2021 38378XP62 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 5/16/55 CURRENT YEAR AMORTIZATION 0-0000 03100001E 0.00 -3.30 0.00'. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 07/16/2021 07/16/2021 38378XP62 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 5/16/55 -1,803.2500 0.000000 1,803.25 -1,822.23 0.00 -18.98 256350023 RCTC 2013.4&0 TOLL BDS 2013408 RSV 07/16/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.23 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 26.7500 SHARES DUE 7/16/2021 $0.00208/PV ON 12,835.47 PV DUE 7/16/21 0.0000 0.000000 26.75 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/16/2021 07/16/2021 07/16/2021 38379JM99 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 -721E8700 0000000 7,216.87 -7,223:22 -6.35 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&0 RSV 07/16/2021 07/16/2021 07/16/2021 38379KDN5 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.381% 9/16/55 -9,210.9900 0.000000 9,210.99 -8,975.68 0.00 235.31 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/16/2021 38379KDN5 INTEREST EARNED ON G N M A GTD REMIC 2.381% 9/16/55 $1 PV ON 104.5700 SHARES DUE 7/16/2021 $0.00198/PV ON 52,703.63 PV DUE 7/16/21 0.0000: 0,000000 104.57 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013460 RSV 07/19/2021 07/19/2021 36202F2H8 PAID ACCRUED INTEREST ON PURCHASE OF G N M A I I #0052763.000% 1/20/27 0.0000 0.000000 -20.35 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL BDS 2013A&B RSV 07/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 ;0:000000 3,304.13: 0.00: 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,304.13 0.00 0.00 0.00 256350023 RCTC 2013 400 TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A II #MA0825 2.500% 3/20/28 P & I DUE 07/20/21 -1,013.6600 0.000000 1,013.6.6. -1,018.11 0.00 -4,45 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 07/20/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #MA0825 2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -19.55 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 36179M4J6 INTEREST EARNED ON G N M A I I #MA0825 2.500% 3/20/28 $1 PV ON 57.8800 SHARES DUE 7/20/2021 P & 1 DUE 07/20/21 00000 0.000000 5788 0.00 0.00 0.00 256350023 RCTC 2013 A00 TOLL BDS 2013468 RSV 07/20/2021 07/20/2021 07/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A I I #MA0138 2.500% 6/20/27 P & I DUE 07/20/21 -2,256.9700 0.000000 2,256.97 -2,314.58 0.00 -57.61 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179MEK2 AMORTIZED PREMIUM ON G N M A I I #MA0138 2.500% 6/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -173.52 0.00 0.00 256350023 RCTC 2013 480 TOLL BDS 2013A&B RSV 07/20/2021 36179MEK2 INTEREST EARNED ON G N M A I I #MA0138 2.500% 6/20/27 $1 PV ON 146.2800 SHARES DUE 7/20/2021 P & I DUE 07/20/21 0.0000 0.000000 146.28 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179MKL3 AMORTIZED PREMIUM ON G N M A I I #MA0299 2,500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6200 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/20/2021 36179MKL3 INTEREST EARNED ON G N M A I I #MA0299 2.500% 8/20/27 $1 PV ON 151.8600 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 151.86 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021. 07/20/2021 36179MKL3 PAID DOWN PAR VALUE OF G N M A I I #MA0299 2500% 8/20/27 JUNE GNMA DUE 7/20/21 -2,054.6700 0.000000 2,054.67 -2,114.69 0.00 -60.02 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/20/2021 07/20/2021 07/20/2021 36179MU24 PAID DOWN PAR VALUE OF G N M A I I #MA0601 2.500% 12/20/27 JUNE GNMA DUE 7/20/21 -1,518.7300 0.000000 1,518.73 -1,563.60 0.00 -44.87 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179MU24 AMORTIZED PREMIUM ON G N M A I I #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.33 0.00 0.00 256350023 RCTC 2013 460 TOLL BDS 2013A&B RSV 07/20/2021 36179MU24 INTEREST EARNED ON G N M A I I #M40601 2.500% 12/20/27 $1 PV ON 84.5400 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 84.54 0.00 0.00 0.00 256350023 RCTC 2013 48.13 TOLL BDS 2013A&B RSV 07/20/2021 36179MU32 AMORTIZED PREMIUM ON G N M A I I #MA06023.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -81.40 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/20/2021 36179MU32 INTEREST EARNED ON G N M A I I #MA0602 3.000% 12/20/27 $1 PV ON 184.2700 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 184.27 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 07/20/2021. 07/20/2021 36179M632 PAID DOWN PAR VALUE OF G N M A I I #MA0602 3.000% 12/20/27 JUNE GNMA DUE 7/20/21 -2,611.2000 0.000000 2,611.20 -2,711.11 0.00 -99.91 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179MZV5 AMORTIZED PREMIUM ON G N M A 1141440756 2.500% 2/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -44.05 0.00 0.00 0.00 -41.64 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 36179MZV5 INTEREST EARNED ON G N M A I I #MA0756 2.500% 2/20/28 $1 PV ON 113.3600 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000. 113.36 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 36179MZV5 PAID DOWN PAR VALUE OF G N M A II #MA0756 2.5005 2/20/28 JUNE GNMA DUE 7/20/21 -1,398.8000 0.000000 1,398.80 -1,440.44 0.00 256350023 RCTC 2013 A&B TOLL. BDS 2013A&B RSV 07/20/2021 36179NAH1 AMORTIZED PREMIUM ON G N M A 11 #MA0908 2.5002 4/20/28 CURRENT,',Ff. ,AMORTIZATION 0.0000 0.000000 0.00 -117.74 0.00 Page 65 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV Transactt '''• 07/20/2021 . , .: Ta e 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 ettlemcnt hate ('USH' Description Lnits 36179NAH1 INTEREST EARNED ON G N M A 1 1 #MA0908 2.500% 4/20/28 0.0000 $1 PV ON 245.1600 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 Price 0.000000 Net Cash Amount 245.16 Federal Tax Cost Short Term Amount Gain/Loss Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350023 RCTC2013 MB TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 36179NAH1 PAID DOWN PAR VALUE OF 9 N M A I I #MA0908 2500% 4/20/28 JUNE GNMA DUE 7/20/21 -5;856.5600, 0.000000. 3,856.56 -3,999.84 -143.28 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A I 1 #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -31.07 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 07/20/2021 36179NAJ7 INTEREST EARNED ON G N M A I I #MA0909 3.000% 4/20/28 $1 PV ON 69.5400 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 69.54 0.00'. 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&8 RSV 07/20/2021 07/20/2021 07/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF 5 N M A I I #MA0909 3.000% 4/20/28 JUNE GNMA DUE 7/20/21 -1,027.1900 0.000000 1,027.19 -1,068.65 0.00 -41.46 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A II #MA11343.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 5 P0 -102.33 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&B RSV 07/20/2021 36179NHK7 INTEREST EARNED ON G N M A II #MA1134 3.000% 7/20/28 $1 PV ON 324.2300 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 324.23 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLLBDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 36179NHK7 PAID DOWN PAR VALUE OF 0 N M A I I #MA1134 3.000% 7/20/28 JUNE GNMA DUE 7/20/21 -3,825-8200 0.000000. 3,825.82 -3,938.24 0.00 -11242 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A II #MA1202 2 500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -73.18 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV 00 1821000 SHARES DUE 7/20/2021 JUNE GNMA. DUE 7/20/21 0.0000 0.000000 182.10 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&8 RSV 07/20/2021 07/20/2021 07/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #MA1202 2.500% 8/20/28 JUNE GNMA DUE 7/20/21 -2,270.2800 0.000000 2,270.28 -2,344.45 -25.49 -48.68 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179RFD6 AMORTIZED PREMIUM ON G N M A I I #MA28643.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.54 0.00 0.00 256350023 RCTC 2013 AM TOLL BDS 20134&8 RSV 07/20/2021 361799F06 INTEREST EARNED ON G N M A 110MA2864 3.000% 6/20/30 $1 PV ON 41.8200 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 41.82 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013M&B RSV 07/20/2021 07/20/2021 07/20/2021 361799806 PAID DOWN PAR VALUE OF 0 N M A I I #MA2864 3.000% 6/20/30 JUNE GNMA DUE 7/20/21 -446.5200 0.000000. 446.52 -462.87 0.00 -16.35 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 36179RHM4 AMORTIZED PREMIUM ON G N M A I 1 #MA2936 3.500% 7/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -77.85 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 36179RHM4 INTEREST EARNED ON G N M A I I #MA2936 3.500% 7/20/30 $1 PV ON 1929600 SHARES DUE 7/20/2021 JUNE GNMA. DUE 7/20/21 0.0000 0.000000 192.96 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013488 RSV 07/20/2021 07/20/2021 07/20/2021 36179RHM4 PAID DOWN PAR VALUE OF G N M A I I #MA2936 3.500% 7/20/30 JUNE GNMA DUE 7/20/21 -1,650.5400 0.000000 1,650.54 -1,731.16 -80.62 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179TF83 AMORTIZED PREMIUM ON G N M A I I #MA4691 3.500% 9/20/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -75.74 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36179TF83 INTEREST EARNED ON G N M A I I #MA4691 3.500% 9/20/32 $1 PV ON 196.4500 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 196.45 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLLBDS 20130&8 RSV 07/20/2021 07/20/2021. 07/20/2021 36179TF83 PAID DOWN PAR VALUE OF 9 N M A 11 #MA4691 3.500% 9/20/32 JUNE GNMA DUE 7/20/21 -2663.2100 0.000000. 2663.21 -2,807.08 -143.87 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 07/20/2021 07/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A II #005276 3.000% 1/20/27 P & I DUE 07/20/21 -2186.9900 0.000000 2,186.99 -2,216.64 -14.43 -15.22 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 36202F2H8 AMORTIZED PREMIUM ON 5 N M A I 10005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.0006 0 0 00 A tO# 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 36202E2E18 INTEREST EARNED ON G N M A I 10005276 3.000% 1/20/27 $1 PV ON 187.4800 SHARES DUE 7/20/2021 P & 1 DUE 07/20/21 0.0000 0.000000 187.48 0.00 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV C19.00.= 2` ,[u AMORTIZED PREMIUM ON G N M A I I #005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.00001 0000000 0.00 -51.30 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 36202F3H7 INTEREST EARNED ON G N M A I 10005300 3.000% 2/20/27 $1 PV ON 117.0800 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 117.08 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&8 RSV 07/20/2021 07/20/2021 07/20/2021 36202F307 PAID DOWN PAR VALUE OF 0 N M A 11 9005300 3.000% 2/20/27 JUNE GNMA DUE 7/20/21 -1,512.2400: 0.000000. 1,512.24 -1,563.28 000 -51.04 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 38376TTT9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 11/20/39 $1 PV ON 55.8200 SHARES DUE 7/20/2021 S0.00250/PV ON 22.326.06 PV DUE 7/20/21 0.0000 0.000000 55.82 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 38376TT89 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 11/20/39 CURRENT YEAR AMORTIZATION 0.0000. 0.000000 0.00 -6.23 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&8 RSV 07/20/2021 07/20/2021 07/20/2021 38376TTT9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 11/20/39 -723.4400 0.000000 723.44 -735.46 0.00 -12.02 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 38376WA62 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 10/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.02 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&B RSV 07/20/2021 38376WA62 INTEREST EARNED ON G N M A GTD REMIC 4.000% 10/20/39 $1 PV ON 331.3200 SHARES DUE 7/20/2021 0.0000 0.000000 331.32 0.00 0.00 0.00 $0.00333/PV ON 99,398.89 PV DUE 7/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 38376WA62 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 10/20/39 -2375.1700. 0.000000. 3,375.17 -2,843.65 0.00 531,52 413 Page 66 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Accouul Account TransacH�,i'1 "... Long Term Net Cash Federal Tax Cost Short Term Gain/Loss CUSIP Description Units Price Amount Amount Gain/Loss Amount Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 07/20/2021 07/20/2021 07/20/2021 38377LFC7 PAID DOWN PAR VALUE OF G N MA GTD REMIC 2.500% 12/20/39 INTEREST EARNED ON G N MA GTD REMIC 2.500% 12/20/39 $1 PV ON 65.2700 SHARES DUE 7/20/2021 $0.00208/PV ON 31.329:88 PV DUE 7/20/21 -4,946.5600 38377LFC7 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 0.0000 0.000000 0000000 07/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 0.0000 0.000000 12/20/39 CURRENT YEAR AMORTIZATION INTEREST EARNED 0955 M A GTD REMIC 3.000% 8/20/40 $1 PV ON 47.5700 SHARES DUE 7/20/2021 50.00250/PV ON 19,027.97 PV DUE 7/20/21 4,946.56 65.27 -4,993.66 0.00 -47.10 0.00 0.00 0.00 0.00 -5.09 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&8 RSV 07/20/2021 383770KH9 0.0000 0.000000 47.57 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013408 RSV 07/20/2021 38377QKH9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 8/20/40 CURRENT YEAR AMORTIZATION 07/20/2021 07/20/2021 07/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% -1,408.8000 0.000000 1,408.80 -1,425.62 0.00 -16:82 8/20(40 07/20/2021 07/20/2021 0.0000 0.000000 0.00 -3.71 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/20/2021 38377RVK8 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/39 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/20/2021 -2,171.1400 0.000000 2,171.14 -1,074.21 0.00 1,096.93 38377RVK8 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 0.000000 0.00 -2.43 0.00 0.00 4/20/39 CURRENT YEAR AMORTIZATION INTEREST EARNED ON G N M A GTD REMIC 3.000% 0.0000 0.000000 118.03 0.00 0.00 0.00 4/20/39 $1 PV ON 118.0300 SHARES DUE 7/20/2021 S0 00250/PV ON 47 211 29 PV DUE 7/20/21 256350023 RCTC 2013 460 TOLL 80S 2013468 RSV 07/20/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 38377RVK8 07/20/2021 38377YTL4 INTEREST EARNED ON G N M A GTD REMIC 2.000% 0.0000 0.000000 24.82 0.00 0.00 0.00 5/20/40 $1 PV ON 24.8200 SHARES DUE 7/20/2021 $0.00167/PV ON 14,891.66 PV DUE 7/20/21 256350023 RCTC 2013 MB TOLL BDS 2013408 RSV 07/20/2021 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 38377YTL4 07/20/2021 07/20/2021 07/20/2021 38377YTL4 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.000% 0.0000 0.000000 0.00 -2.87 0.00 0.00 5/20/40 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N MA GTD REMIC 2000% -805.5500 0.000000 5/20/40 INTEREST EARNED ON G N MA GTD REMIC 3.000% 10/20/26 $1 PV ON 151.2500 SHARES DUE 7/20/2021 $0.00250/PV ON 60,501.70 PV DUE 7/20/21 805.55 -814.75 -9.20 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/20/2021 383784090 0.0000 0.000000 151.25 0.00 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 07/20/2021 383784090 AMORTIZED PREMIUM ON 5 5 M A GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -37.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL 8DS 2013A&8 RSV 07/20/2021 07/20/2021 07/20/2021 38378A090 PAID DOWN PAR VALUE OF 0 5 M A GTD REMIC 3.000% 10/20/26 -3,857.0000 0.000000 3,857.00 -3,924.42 0.00 -67.42 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 07/20/2021 07/20/2021 38378FRB8 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.000% 7/20(42 -3,327.1700 0.000000 3,327.17 -3,278.30 0.00 48.87 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 38378FRB8 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20/42 $1 PV ON 211.9600 SHARES DUE 7/20/2021 $0.00167/PV ON 127.177.67 PV DUE 7/20/21 0.0000 0.000000 211.96 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -25.33 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 65.5400 SHARES DUE 7/20/2021 $0.00125/PV ON 52,431.41 PV DUE 7/20/21 0.0000 0.000000 65.54 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021. 07/20/2021 383784A00 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 1.500% 8/20/27 -1,635.7300 0.000000. 1,635.73 -1,659.91 -24.18 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 06/04/2021 38378HXH4 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 1.250% 9/16/27 0.0000 0.000000 -0.85 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/20/2021 06/04/2021 38378HXH4 RECEIVED ACCRUED INTEREST ON SALE OF 5 5 M A GTD REMIC 1.250% 9/16/27 0.0000 0,01iki0(jb'. 0.82 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/20/2021 06/01./2021. 06/04/2021 38378HXH4 SOLD PAR VALUE OF G N M A GTD REMIC 1.250% 9/16/27 /MILLENNIUM ADVISORS, LLC/7,887.67 PAR VALUE AT 99.78130424 % -7,887.6700 0.997813 7,870.42 -7,477.87 0.00 392.55 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 06/01/2021 06/04/2021 38378HXH4 SOLD -REV PAR VALUE OF G N M A GTD REMIC 1.250% 9/16/27 /MILLENNIUM ADVISORS, LLC/8,119.69 PAR VALUE AT 99.78127244 % 8119.6900 0997813 -8;101.93 7,697.84 000 -404.09 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/20/2021 06/17/2021 06/17/2021 38378HXH4 DISTRIBU-REV PAR VALUE OF G N M A GTD REMIC 1.250% 9/16/27 VALUED AT -0.01 0.0100 0:000000 0.00 0.01 0.00 0.00 256350023 RCTC 2013 An TOLL BDS 20134&8 RSV 07/20/2021 07/20/2021 07/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 12/20/40 -873.1800. 400650 0/040: -862.26 0.00 10.92 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 27.5400 SHARES DUE 7/20/2021 $0.00125/PV ON 22,035.10 PV DUE 7/20/21 0.0000 0.000000 27.54 0.00 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 07/20/2021 38378TAF7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 7/20/41 $1 PV ON 137.2900 SHARES DUE 7/20/2021 $0.00208/PV ON 65896.78 PV DUE 7/20/21 0.0000 0.090000 137.29 0.00 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 38378TAF7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 7/20/41 -2,436.2000 0.000000 2,436.20 -0.01 0.00 2,436.19 256350023 RCTC 2013 A&8 TOLL BDS 2013468 RSV 07/20/2021 383804Z34 INTEREST EARNED ON G N M A. GTD REMIC 3.000% 4/20/46 $1 PV ON 184.7000 SHARES DUE 7/20/2021 $0.00250/PV ON 73,880.20 PV DUE 7/20/21 0.0000 0.000000 184.70 0.00 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 20134&8 RSV 07/20/2021 38380AZ34 AMORTIZED PREMIUM ON G N M A GTE REMIC 3.000% 4/20/46 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.03 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/20/2021 07/20/2021 07/20/2021 38380AZ34 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/46 w w _. -3,305.3500 0.000000. 3,805.35 -3,340.24 0.00 -34.89 Page 67 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350023 RCTC 2013 4&B TOLL BDS 2013A&B RSV IrausactionDate 07/21/2021 rade Date 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSII' Description Units CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME 0.0000 EARNINGS Price 0.000000 0.000000 Net Cash Amount -391.61 391.61 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/21/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 07/23/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -104.27 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/23/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 104.27 0.00 0.00 0.00 256350023 RCTC 2013 460 TOLL BDS 2013480 RSV 07/23/2021 07/20/2021 07/23/2021 383780642 SOLD PAR VALUE OF G N M A GTD REMIC 1.82fi % 11/16/52 /BOFA SECURITIES, INC./FXD INC/93,440.3 PAR VALUE AT 101.43748468 % -93,440.3000 1.014375 94,783.49 -0.72 0.00 94,782.77 256350023 ROTC 2013 480 TOLL BDS 20134&B RSV 07/23/2021 07/23/2021 383788642 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 1.826% 11/16/52 0.0000 0.000000 104.27 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -16,679.27 0.00 0.00 0.00 256350023. RCTC 2013 MB TOLL BDS 20134&B RSV 07/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 16,679.27 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3131 08347 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.11 0.00 0.00 256350023 RCTC 2013 480 TOLL BDS 20134&B RSV 07/26/2021 313108347 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 $1 PV ON 65.3000 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 65.30 0.00. 0.00. 0.00 256350023 RCTC 2013 A6B TOLL BDS 2013480125V 07/26/2021 07/25/2021 07/26/2021 313108347 PAID DOWN PAR VALUE OF F H L M 0 #ZK5300 2.500% 4/01/28 JUNE FHLMC DUE 7/25/21 -1,353.9600 0.000000 1,353.96 -1,407.21 -53.25 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013480 RSV 07/26/2021 07/25/2021 07/26/2021 3132485Y1 PAID DOWN PAR VALUE OF F 4 L M 0 #Z08063 2.500% 9/01/32 JUNE FHLMC DUE 7/25/21 -4,565.9100! .0000000 4,565.91 -4769.95 -204.04 0:00 256350023 RCTC 2013 AO TOLL BDS 2013486 RSV 07/26/2021 3132A8591 AMORTIZED PREMIUM ON F 4 L M C #Z08063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -147.32 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3132A85161 INTEREST EARNED ON F H L M C #ZS8063 2500% 9/01/32 $1 PV ON 393.6400 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 00000 0:000000. 393.64. 0.00 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3132A8GL7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 JUNE FHLMC DUE 7/25/21 -2,020.0400 0.000000 2,020.04 -2,144.51 -124.47 0.00 256350023 RCTC 2013 AN TOLL BDS 20134&B RSV 07/26/2021 3132A8GL7 AMORTIZED PREMIUM ON F 4 L M 0 #207403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 00000 0.000000 000 -95.98 000 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3132480L7 INTEREST EARNED ON F H L M C #ZS7403 3.000% 5/01/31 $1 PV ON 189.1200 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 189.12 0.00 0.00 0.00 256350023. RCTC. 2013 A&B TOLL BDS 2013488 RSV 07/26/2021 3132A9T64 AMORTIZED PREMIUM ON F H L M C #ZS8673 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000' 0.00 -9977 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20134&B RSV 07/26/2021 313249T64 INTEREST EARNED ON F H L M C #ZS8673 3.000% 10/01/32 $1 PV ON 305.2900 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 305.29 0.00 0.00 0.00 256350023. RCTC 2013 AM TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 313249T64 PAID DOWN PAR VALUE OF F 4 L M 0 #Z08673 3.000% 10/01/32 JUNE FHLMC DUE 7/25/21 -4,780.4600 0.000000 4,780.46 -4,991.84. -211.38. 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M 0 #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -220.94 0.00 0.00 256350023 RCTC 2013 486 TOLL BDS 20134&B RSV 07/26/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 398.5100 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0000000 398.51 0:00 000 0.00 256350023 RCTC 2013 4&8 TOLL 800 2013480 RSV 07/26/2021 07/25/2021 07/26/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M 0 #ZT1989 3.500% 1/01/33 JUNE FHLMC DUE 7/25/21 -3,660.2800 0.000000 3,660.28 -3,948.52 -288.24 0.00 .256350023 RCTC. 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M 0 #ZT1963 3.500% 11/01/30 JUNE FHLMC DUE 7/25/21 -9,798.1400 0.000000' 9,798.14 -10,407.34. -609.20 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 07/26/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -541.78 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013486 RSV 07/26/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 1079.9400 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0-0000 0:000000: 1,079:94. 0,80 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 3132AEFK7 PAID DOWN PAR VALUE OF F 4 L M C #ZT1970 3.500% 4/01/33 JUNE FHLMC DUE 7/25/21 -2,146.7400 0.000000 2,146.74 -2,313.51 -166.77 0.00 256350023 RCTC 2013 480 TOLL BDS 20134&B RSV 07/26/2021 3132AEFK7 AMORTIZED PREMIUM ON F H L M C #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 00000 0.000000 000 -114.66 0.00'. 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33 $1 PV ON 212.5300 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 212.53 0.00 0.00 0.00 256350023 RCTC. 2013 A&B TOLL. BDS 2013486 RSV 07/26/2021 07/25/2021 07/26/2021 3132D9093 PAID DOWN PAR VALUE OF F H L M 0 #SC0096 3000% 10/01/40 JUNE FHLMC DUE 7/25/21 4,089.3800 0000000' 4,089:38 -4,352.43. -26305. 000 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 07/26/2021 313259093 AMORTIZED PREMIUM ON F H L M C #SC0096 3.000% 10/01/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -229.12 0.00 0.00 256350028: RCTC 2013 MB TOLL BDS 20134&6 RSV 07/26/2021 3132D9C93 INTEREST EARNED ON F H L M C #500096 1000% 10/01/40 $1 PV ON 410.5100 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 00000 0.000000: 410.51 0(00 :0:00: 4000 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 313647203 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -905.7500 0.000000 905.75 0.00 0.00 905.75 415 Page 68 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 313647203 Price 0.000000 Net Cash Amount 1.41 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 Long Term Gain/Loss Amount 0.00 Description INTEREST EARNED ON F N M A GTD REMIC 2482% 4/25/22 $1 PV ON 83586.3000 SHARES DUE7/25/2021 PENALTY PAYMENT Units 0.0000 Account Account Transaction Date ,. in' • . la e 256350023 RCTC 2013 F AB TOLL BDS 2013408 RSV 07/26/2021 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/26/2021 313647203 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 172.8800 SHARES DUE 7/25/2021 0.0000 0.000000 172.88 0.00 0.00 0.00 $0.00207/PV ON 83586.30 PV DUE 7/25/21 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349%: 5/25/22 $1 PV ON 309.9100 SHARES DUE 7/25/2021 50.00196/P5 ON 158294.48 PV DUE 7/25/21 0.0000 0.000000 309.91 0.00 0.00 0.00 256350023 RCTC 2013 408 TOLL BDS 20134&B RSV 07/26/2021 313647MN9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -64.91 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.349% 5/25/22 -377.0000 0.000000 377.00 -383.03 0.00 -6.03 256350023 RCTC 2013 AO TOLL BDS 2013408 RSV 07/26/2021 313648509 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 $1 PV ON 50.1800 SHARES DUE 7/25/2021 0.0000 0.000000 50.18 0.00 0.00 0.00 $0.00125/PV ON 40,146.37 PV DUE 7/25/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 3136A8SX9 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.23 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3136A8009 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -1,644.9500 0.000000 1,644.95 -1,671.85 -26.90 0.00 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 $1 PV ON 78.5900 SHARES DUE 7/25/2021 $0.00167/PV ON 47.153.65 PV DUE 7/25/21 0.0000 0.000000 78.59 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 0.0000 0.000000 0.00 -15.20 0.00 0.00 11/25/42 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A8B RSV 07/26/2021 07/25/2021 07/26/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -1,803.8800 0.000000 1,803.88 -1,836.56 .32.68 0:00 256350023. RCTC 2013 468 TOLL 805 20134&8 RSV 07/26/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2533% 3/25/23 51 PV ON 89.8200 SHARES DUE 7/25/2021 0.0000 0.000000 89.82 0.00 0.00 0.00 $0.00211/PV ON 42,656.61 PV DUE 7/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 07/26/2021 07/25/2021 07/26/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% 3/25/23 -97.1700 0.000000 97.17 -96.15 0.00 1.02 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/23 $1 PV ON 44.6300 SHARES DUE 7/25/2021 0.0000 0.000000 44.63 0.00 0.00 0.00 50.00125/PV ON 35,705.00 PV DUE 7/25/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 07/25/2021 07/26/2021 3136ADFF1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 4/25/23 -3,231.3500 0.000000 3,231.35 -3,184.90 0.00 46.45 256350023 RCTC 2013 MB TOLL 805 2013,A&B RSV 07/26/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -32.58 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/26/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 105.8300 SHARES DUE 7/25/2021 $0.00104/PV ON 101,601.23 PV DUE 7/25/21 0.0000 0.000000 105.83 8.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLLE/5 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 313640240 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -1759.1700 0.000000 2,759.17 -2,788.48 -29.31 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 07/26/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1 750% 7/25/28 $1 PV ON 65.7500 SHARES DUE 7/25/2021 $0.00146/PV ON 45,083.11 PV DUE 7/25/21 0.0000 0.000000 65.75 0.00 0.00' 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750%. 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0,00 -2.3.47 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 07/25/2021 07/26/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -1,420.6200 0.000000 1,420.62 -1,445.94 25.32 0.00 256350023 RCTC 2013 A&B TOLL 855 20134&8 RSV 07/26/2021 3136AHAEO INTEREST EARNED ON F N M A GTD REMIC 2623% 4/25/23 $1 PV ON 60.4800 SHARES DUE 7/25/2021 0.0000 .0.000000 60.48 0,00 0.00 0.00 $0.00213/PV ON 28,423.34 PV DUE 7/25/21 256350023 RCTC 2013 A&B TOLL BOS 2013408 RSV 07/26/2021 3136AHAEO AMORTIZED PREMIUM ON F N M A GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.77 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3136AHAEO PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.623% 4/25/23 -46.2800 0.000000 46.28 -46.56 0.00 -0.28 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 07/26/2021 3136AQZK9 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/31 $1 PV ON 115.0200 SHARES DUE 7/25/2021 $0.00167/PV ON 69,011,97 PV DUE 7/25/21 0.0000 0.000000 115.02 0.00 0.00 0.00 256350023 RCTC 2013 A08 TOLL BDS 2013408 RSV 07/26/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -47.23 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 07/25/2021 07/26/2021 3136AQZK9 PAID DOWN PAR VALUE OF FNMA GTD REMIC 2.000% 11/25/31 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -1,590.7500 0.000000 1,590.75 -1,636.69. -45.94 0.00 256350023 RCTC 2013 A&B TOLL 805 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137ATRW4 -7346600 0.000000 734.66 -724.18 0.00 10.48 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/26/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.37396 5/25/22 $1 PV ON 555.6900 SHARES DUE 7/25/2021 $0.00198/PV ON 281.008,08 PV DUE 7/25/21 0.0000 0.000000 555.69 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BEG 2013A&B RSV 07/26/2021 07/25/2021. 07/26/2021 3137AUPE3 PAID DOWN PAR VALUE OF FHLMC MLTCL MT 2.396% -372.4600 0.000000 372.46 -361.57 0.00 10.89 6/25/22 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L MC MLTCL MT 2.396% 0.0000 0;000.000_ 0.00 -28.82 0.00 0.00 6/25/22 CURRENT YEAR AMORTIZATION 416 Page 69 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account 1 ransaction Nate I i-ade Date Settlement Date CUSIP Description I.: nit Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137AUPE3 INTEREST EARNED ON F H L M C MLTCL MT 2.396% 6/25/22 $1 PV ON 295.8900 SHARES DUE 7/25/2021 $0.00200/PV ON 148,187.26 PV DUE 7/25/21 0.0000 0.000000 295.89 0.00 0.00 -15.74 0.00 0.00 256350023 RCTC2013 MB TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137AWQG3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -3,897.8200. 0.000000. 3,897.82 -3,913.56 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31375W003 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 51.1500 SHARES DUE 7/25/2021 $0.00132/PV ON 38,776.80 PV DUE 7/25/21 0.0000 0.000000 51.15 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137AWQG3 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.583% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000. 0.000000 0.00 -16.72 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&8 RSV 07/26/2021 3137A%HP1 INTEREST EARNED ON F H L M C MLTCL MT 6.22428% 9/25/22 $1 PV ON 300 1800 SHARES DUE 7/25/2021 $0.00214/PV ON 140,000.00 PV DUE 7/25/21 0.0000 0.000000 300.18 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137B1BS0 INTEREST EARNED ON F H L M C MLTCL MT 2.51004% 11/25/2251 PV ON 753.0000 SHARES DUE 7/25/2021 $0.00209/PV ON 360,000.00 PV DUE 7/25/21 0.0000 0.000000 753.00 0.00 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013458 RSV 07/26/2021 3137B1 U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 645.4600 SHARES DUE 7/25/2021 $0.00210/PV ON 307,112.70 PV DUE 7/25/21 0.0000 0.000000 645.46 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL BDS 2013458 RSV 07/26/2021 313781 U75 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.22404% 1/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -154.77 0.00 0.00 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 313781 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -1,026.5800 0.000000 1,026.58 -1,050.98 0.00 -24.40 ROTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 313781 UG5 INTEREST EARNED ON F H L M C MLTCL MTG 2.637% 1/25/23 $1 PV ON 527.4000 SHARES DUE 7/25/2021 $0.00220/PV ON 240,000,00 PV DUE 7/25/21 0.0000 0.000000 527.40 0.00 0.00 0.00 256350023 ROTC 2013 MB TOLL BDS 2013A&8 RSV 07/26/2021 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 40.5600 SHARES DUE 7/25/2021 $0.00231/PV ON 17,520.79 PV DUE 7/25/21 0.0000 0.000000 40.56 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 313763NW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.778% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0 00 -13.90 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -1,190.1100 0.000000 1,190.11 -1,203.55 -13.44 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 07/26/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 403.9600 SHARES DUE 7/25/2021 $0.00231/PV ON 175,000.00 PV DUE 7/25/21 0.0000 0.000000 403.96 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137BLAC2 INTEREST EARNED ON F H L M C MLTCL MT 3.28404% 6/25/25 $1 PV ON 101.2600 SHARES DUE 7/25/2021 $0.00274/PV ON 37,000.00 PV DUE 7/25/21 0.0000 0.000000 101.26 0.00 0.00 0.00 256350023 RCTC 2013.4&B TOLL BDS 2013A&B RSV 07/26/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2:802% 1/25/25 $1 PV ON 459.1000 SHARES DUE7/25/2021 $0.00234/PV ON 196,617.19 PV DUE 7/25/21 0.0000 0.000000 459.10 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013058 RSV 07/26/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -209.70 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -4,123.7100 0.000000 4,123.71 -4,311.30 -187.65 0.00 256350023 RCTC 2013 MB TOLL BDS 2013058 RSV 07/26/2021 31378VZ74 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 646.1200 SHARES DUE 7/25/2021 $0.00254/PV ON 254,628.53 PV DUE 7/25/21 0.0000 0.000000 646.12 0.00 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013458 RSV 07/26/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -242.54 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137BVZ74 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.045% 8/25/26 -1,544.7600 0.000000 1,544.76 -1,636.18 0.00 -91.42 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3137BYPQ7 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 543.9800 SHARES DUE 7/25/2021 $0.00242/PV ON 224,709 13 PV DUE 7/25/21 0.0000 0,000000 543.98 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20134&B RSV 07/26/2021 3137BYPQ7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -367.69 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 313780P07 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 -246.9300 0.000000 246.93 -260.86 -13.90. 0,00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 07/26/2021 3137F4CY6 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 97.3300 SHARES DUE 7/25/2021 0.0000 0.000000 97.33 0.00 0.00 0.00 $0.00243/PV ON 40,000.00 PV DUE 7/25/21 256350023 ROTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137F4041 INTEREST EARNED ON F H L M C MLTCL MT 0.24996% 1/25/28 $1 PV ON 105.0000 SHARES DUE7/25/2021 $0.00300/PV ON 35,000.00 PV DUE 7/25/21 0.0000 0.000000 105.00 0.00 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137FBAB2 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 $1 PV ON 303.8000 SHARES DUE 7/25/2021 $0.00253/PV ON 120,000.00 PV DUE 7/25/21 0.0000 0.000000 303.80 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 8/25/27 $1 PV ON 546.8400 SHARES DUE 7/25/2021 50.00273/PV ON 200.000.00 PV DUE 7/25/21 0.0000 0.000000. 545.84 0.00 0.00. 0:00 256350023 RCTC 2013 MB TOLL BDS 2013406 RSV 07/26/2021 3137FMD66 INTEREST EARNED ON F H L M C MLTCL MT 2.283% 5/25/26 $1 PV ON 141.4300 SHARES DUE 7/25/2021 $0.00190/PV ON 74,336.52 PV DUE 7/25/21 0.0000 0.000000 141.43 0.00 0.00 0.00 417 Page 70 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description 256350023 RCTC 2013 A&B TOLL BDS 2013068 RSV 07/26/2021 3137FMD66 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.283% 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.000000 0.000000 0.00 3,975.88 286.98 -55.01 -4,149.67 0.00 0.00 -173.79 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 3137FMD66 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.283% 5/25/26 -3,975.8800 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/26/2021 3137E19482 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 286.9800 SHARES DUE 7/25/2021 $0.00219/PV ON 130892.52 PV DUE 7/25/21 0.0000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/26/2021 3137FNA02 07/26/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.87496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -23.08 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/26/2021 07/25/2021 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 287496% 11/25/28 -179.5900 0.000000 179.59 -182.43 0.00 -284 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/26/2021 3137FPJF3 INTEREST EARNED ON F H L M C MLTCL MT 2.258% 6/25/29 $1 PV ON 337.2200 SHARES DUE 7/25/2021 $0.00188/PV ON 179,210.04 PV DUE 7/25/21 0.0000 0.000000 337.22 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL BDS 20134&8 RSV 07/26/2021 3137FPJF3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2258% 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.06 0.00 0.00 256350023 RCTC 2013 A&B TOLL 650 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.258% 6/25/29 -388.1200 0.000000 388.12 -389.60 0.00 -1.48 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137FQ3Y7 INTEREST EARNED ON F H L M C MLTCL MT 2.51196% 7/25/29 $1 PV ON 328.2600 SHARES DUE 7/25/2021 $0.00183/PV ON 179 865.98 PV DUE 7/25/21 0.0000 0.000000 328.26 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137FQ3Y7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.51196% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.54 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137FQ307 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 251196% 7/25/29 -314.7300 0000000 314.73 -314.82 0.00 -0.09 256350023 RCTC 2013 A&B TOLL BDS 2013,668 RSV 07/26/2021 3137FWHY9 INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 131.8800 SHARES DUE 7/25/2021 50.00069/PV ON 191,500.72 PV DUE 7/25/21 0.0000 0.000000 131.88 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013068 RSV 07/26/2021 07/25/2021 07/26/2021 3137FWHY9 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.82638%.: 9/25/30 967:4700 :04000000 967.47 -962.63 4.84 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 46.1400 SHARES DUE 7/25/2021 $0.00017/PV ON 274.971.34 PV DUE 7/25/21 0.0000 0.000000 46.14 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3137FYUR5 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0-0000 0:000000 0:00 -2.14 0.00 0:00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3137FYUR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.24996% 8/26/24 -26,506.3500 0.000000 26,506.35 -26,514.09. -7.74 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 148076.7800 SHARES DUE 7/25/2021 7/25/21 PENALTY PYMT 0.0000 0,000000 354,64 000'. 0.00. 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -129.68 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013068 RSV 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 370.4400 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 370.44, 0.00'. 0.00 0400 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 P & I DUE 07/25/21 -34,584.9200 0.000000 34,584.92 -34,964.52 0.00 -379.60 2563500231 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 189557.9400 SHARES DUE 7/25/2021 7/25/21 PENALTY PYMT 0-0000 0000000 85:04, 0(00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 0.0000 0.000000 0.00 3.93 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 07/26/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 1336% 3/01/23 MARKET DISCOUNT 00000 0.000000 000 207 0.00: 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 0.0000 0.000000 0.00 2.18 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 07/26/2021 313856XL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 367.2700 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000005 367.27 0,00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 07/25/2021 07/26/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 07/25/21 -3,780.7800 0.000000 3,780.78 -3,779.41 0.00 1.37 256350023/ RCTC 2013 A&B TOLL BDS 2013A&0 RSV 07/26/2021 3138ENQD4 AMORTIZED PREMIUM ON F N M A #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 0.0000 0000000: 0.00 -45.21 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 07/26/2021 3138ENQD4 INTEREST EARNED ON F N M A #AL5851 3.500%10/01/29 $1 PV ON 75.1500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 75.15 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013,5&B RSV 07/26/2021 07/25/2021 07/26/2021 3130E115174 PAID DOWN PAR VALUE OF F N M A #AL5851 3:500% 10/01/29 JUNE FNMA DUE 7/25/21 -626.7100 0000000 626.71 669:24 -42.53. 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013460 RSV 07/26/2021 07/25/2021 07/26/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 JUNE FNMA DUE 7/25/21 -1,547.4300 0.000000 1,547.43 -1,651.16 -103.73 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -&9.96 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&6 RSV 07/26/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500% 11/01/30 $1 PV ON 165.3000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 165.30 0.00 0.00 0.00 418 Page 71 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 07/26/2021 3138ETQP4 Units -2023.7100 Price 0.000000 0.000000 0.000000 Net Cash Amount 2,023.71 Federal Tax Cost Short Amount Gain/Loss -2,175.54 Term Amount -151.83 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 -11.60 Description PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 JUNE FNMA DUE 7/25/21 Account Account Transaction Date ' ia. • lit e 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.00 -134.90 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 231.1000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 231.10 0.00 256350023 RCTC 2013 AN TOLL BDS 2013466 RSV 07/26/2021 07/25/2021 07/26/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2550% 10/01/28 JUNE FNMA DUE 7/25/21 -410.1200 0.000000 410.12 -421.72 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26(2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #AN2905 2550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -82131 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/26/2021 3138LFGP7 INTEREST EARNED ON F N M A #AN2905 2.550% 10/01/28 $1 PV ON 577.6900 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 577.69 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021. 07/26/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #454860 2.500% 5/01/30 JUNE FNMA DUE 7/25/21 -2,123.5400 0.000000 2123.54 -2,220.69 -97.15 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #AS4860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -83.93 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2.500% 5/01/30 $1 PV ON 179.5100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 179.51 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/26/2021 3138X0ZY7 AMORTIZED PREMIUM ON F N M A #401658 2.500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -34.82 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3138XOZY7 INTEREST EARNED ON F N M A #401658 2.500% 7/01/28 $1 PV ON 71.6700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000, 0,000000 71 .67 0:00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 07/25/2021 07/26/2021 313800Z57 PAID DOWN PAR VALUE OF F N M A #401658 2.500% 7/01/28 JUNE FNMA DUE 7/25/21 -986.4500 0.000000 986.45 -1,025.07 -38.62 0.00 256350023 RCTC 2013. A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3140J6FU6 PAID DOWN PAR VALUE OF F N M A #BM1978 3.000% 10/01/32 JUNE FNMA DUE 7/25/21 -1,690.4500 :0&.00000 1,690.45 -1,788.47 -98.021 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/26/2021 3140J6FU6 AMORTIZED PREMIUM ON F N M A #6M1978 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -88.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3140J6FU6 INTEREST EARNED ON F N M A #0M1978 3.000% 10/01/32 01 PV ON 205.3800 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 205.38 0.00'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 3140J83R2 AMORTIZED PREMIUM ON F N M A #BM4407 2.500%. 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -80.36 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/26/2021 3140J83R2 INTEREST EARNED ON F N M A #BM4407 2.500% 10/01/28 $1 PV ON 162.9700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 162.97 0.00. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3140J83R2 PAID DOWN PAR VALUE OF F N M A #8M4407 2.500% 10/01/28 JUNE FNMA DUE 7/25/21 -2,168.8700 0.000000 2,168.87 -2,257.18 -88.31 0.00 256350023: RCTC 2013A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #0M3956. 3.000% 12/01/32 JUNE FNMA DUE 7/25/21 -1,305.4300 0.000000 1,305.43. -1,386.35 -80.92 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #8M3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -66.87 0.00 0.00 256350023 RCTC 2013 AN TOLL BDS 2013A&B RSV 07/26/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 146.8800 SHARES DUE 7/25/2021 JUNE' FNMA DUE 7/25/21 0:0000 0.000000 146.88 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 3140JAU97 PAID DOWN PAR VALUE OF F N M A #8M6007 2.596% 6/01/49 P & I DUE 07/25/21 -45.6200 0.000000 45.62 -47.36 0.00 -1.74 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/26/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #BM6007 2.596% 6/01/49 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -4.42 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 07/26/2021 3140JAU97 INTEREST EARNED ON F N M A #8M6007 2.596% 6/01/49 $1 PV ON 86.5500 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 86.55 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013468 RSV 07/26/2021 31.40X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 .2500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 •123.51 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 3140X4H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 285.9300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 285.93 0.00 0.00 0.00 256350023 RCTC 2013: A&B TOLL BDS 2013488 RSV 07/26/2021 07/25/2021 07/26/2021 314004H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2500% 6/01/32 JUNE FNMA DUE 7/25/21 -A349.2600 0.000000 4,349.26 -4,568.57- -219.31 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 314557L56 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -89.82 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 314007L06 INTEREST EARNED ON F N M A #FM3936 2500% 8/01/35 $1 PV ON 264.9600 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0,000000 264.96 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 07/26/2021 07/25/2021 07/26/2021 3140X7LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JUNE FNMA DUE 7/25/21 -2740.6900 0.000000 2740.69 -2,873.54 -132.85 0.00 256350023 RCTC 2013 460 TOLL BDS 20134&B RSV 07/26/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -205.49 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013468 RSV 07/26/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 477.2000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 477.20 0.00 0.00 0.00 419 Page 72 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 07/26/2021 3140X9VK8 Description PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JUNE FNMA DUE 7/25/21 Units -8,969.5600 Price 0.000000 0.000000 0.000000 0.000000 Net Cash Amount 8,969.56 996.73 0.00 290.34 Federal Tax Cost Short Amount Gain/Loss -9,566.94 -521.16 -21.14 0.00 Term Amount -597.38 Long Term Gain/Loss .Amount 0.00 Account Account Transaction Date ,. tar •. la e 256350023 RCTC 2013 A6B TOLL BDS 201316&B RSV 07/26/2021 07/25/2021 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 07/26/2021 07/25/2021 07/26/2021 31417YKF3 PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% 1/01/30 JUNE FNMA DUE 7/25/21 -996.7300 0.00 475.57 256350023 RCTC 2013 A&B TOLL BDS 201316&B RSV 07/26/2021 31417YKF3 AMORTIZED PREMIUM ON F N M A #MA0293 4.500% 1/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 07/26/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 $1 PV ON 290.3400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 31418AM39 PAID DOWN PAR VALUE OF F N M A #MA1277 2.500% 12/01/27 JUNE FNMA DUE 7/25/21 -1,255.6800 0.000000 1,255.68 -1,298.30 -42.62 0:00 256350023 RCTC 2013 A&B TOLL BDS 20131658 RSV 07/26/2021 3141816M39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500% 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -37.62 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418AM39 INTEREST EARNED ON F N M A #MA1277 2.500% 12/01/27 $1 PV ON 82.7900 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 82.79 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20131668 RSV 07/26/2021 07/25/2021 07/26/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 JUNE FNMA DUE 7/25/21 -6,981.3200 0.000000 6,981.32 -7,319.74 -338.42 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A#MA2803 2.500% 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -186.27 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500% 11/01/31 $1 PV ON 428.8200 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 428.82 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 314180047 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000. 0,000000 0:00 -91.90 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418D547 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 320.0500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 320.05 0.00 0.00 0.00 256350023': RCTC 2013. A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021. 07/26/2021 31418D547 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 JUNE FNMA DUE 7/25/21 -5,3423400 04000000 5,342.34 -5,518.49. -176.15 0.00 256350023 RCTC 2013 A&B TOLL BDS 20131668 RSV 07/26/2021 31418DV03 AMORTIZED PREMIUM ON F N M A #MA4226 2.000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -129.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000% 12/01/30 01 PV ON 269.3900 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000. 0.000000 269.39 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 31418DVU3 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000%. 12/01/30 JUNE FNMA DUE 7/25/21 -3,747.0400 0.000000 3,747.04 -3,897.44 -150.40 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418DXH0 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0.0000 0,000000 0.00 -78.82 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20131658 RSV 07/26/2021 31418DXH0 INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 281.9100 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 281.91 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 201316&B RSV 07/26/2021 07/25/2021 07/26/2021 3141000HO PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3/01/36 JUNE FNMA DUE 7/25/21 -2,050.5300 0.000000 2,050.53 -2,121.46 -70.93 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/26/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -172.97 0.00 0.00 256350023 RCTC 2013 AN TOLL BDS 2013A&B RSV 07/26/2021 31418DYF3. INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 426.1500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 426.15 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 07/26/2021 07/25/2021 07/26/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 JUNE FNMA DUE 7/25/21 -4,181.3300 0.000000 4,181.33 -4,327.95 -146.62 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0,000000 -1,325.83 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20131658 RSV 07/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1,325.83 0.00 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/27/2021 07/07/2021 383761-521. PAID ACCRUED INTEREST ON PURCHASE OF G N M A GTD REMIC 3.000% 1/16/39 0.0000 0.000000 -6.84 0.00 0.00 0.00 256350023 RCTC 2013 A5B TOLL BDS 201316&B RSV D7/28/2021 38376T5Z1 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.0009 1/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.92 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 07/28/2021 36376T5Z1 INTEREST EARNED ON G N M A GTD REMIC 3.000% 1/16/39 $1 PV ON 98.5100 SHARES DUE 7/16/2021 $0.00250/PV ON 53.090.08 PV DUE 7/16/21 0.0000 0.000000 98.51 0.00 0.00 0.00 256350023 RCTC 2013 A60 TOLL BDS 2013A&B RSV 07/28/2021 07/16/2021 07/28/2021 38376T5Z1 PAID DOWN PAR VALUE OF 09 M A GTD REMIC 3.000% 1/16/39 FED BASIS OF U S TREASURY 1 P 0.84873% 1/15/29 ADJUSTED BY 546.25 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI -1,090.3400 0.000000 1,090.34 -290.91 -9.86 809.29 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 07/28/2021 9128285W6 0.0000 0.000000 0.00 546.25 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20131658 RSV 07/29/2021 CASH DISBURSEMENT TRANSFER 70 PRINCIPAL INCOME 0.0000 0.000000 EARNINGS CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 256350023, RCTC 2013 A&B TOLL. BDS 2013A&B RSV 07/29/2021 -0.20 0.00 0.00 0.00 0.0000 0.000000 0.20 0.00 0.00 0.00 256350023 RCTC 2013 A50 TOLL BDS 20131640 RSV 07/30/2021 07/30/2021 91282CAP6 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY 0.0000 0.000000 -135.76 0.00 0.00 0.00 NT 0.1259 10/15/23 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/02/2021 31846V451 INTEREST EARNED ON FIRST AM GOVT OB FD CL D UNIT ON 0.0000 0.000000 0.66 0.00 0.00 0.00 0.0000 SHARES DUE 7/31/2021 INTEREST FROM 7/1/21 TO 7/31/21 420 Page 73 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - ra,•.Ta e 91 CIP STAMP Quarter Settlement Date ('USIP Portfolio Transaction Report by Account ended September 30, 2021 Description Units CASH RECEIPT PRINCIPAL DUE 0.0000 Price 0.000000 Net Cash Amount -232.02 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 12.05 Account Account Irausaction Date 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/04/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/04/2021 07/16/2021 08/04/2021 38378HXH4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.250% 9/16/27 -232.0300 0.000000 232.03 -219.98 256350023 RCTC 2013 A&B TOLL 800 20134&8 RSV 08/05/2021 06/04/2021 38377JM59 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 10/20/39 0.0000 0.000000 -3.60 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/05/2021 06/04/2021 38377JM59 RECEIVED ACCRUED INTEREST ON SALE OF 0 N M A GTD REMIC 2.500%10/20/39 0.0000 0.000000 3.11 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 08/05/2021 06/01/2021 06/04/2021 38377JM59 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 10/20/39 /BOFA SECURITIES, INC./FXD INC/14,914.96 PAR VALUE AT 100.50003486 % -14;914.9600 1.005000 14,989.54 -14,542.08 0.00 447.46 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/05/2021 06/01/2021 06/04/2021 38377JM59 SOLD -REV PAR VALUE OF G N M A GTD REMIC 2.500% 10/20/39 /BOFA SECURITIES, INC./FXO INC/17,291.6 PAR VALUE AT 100.50001157 % 17,291.6000 1.055000 -17,378.06 16,859.30 0.00 -518.76 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/06/2021 3128MENS6 FED BASIS OF F H L M C 00 015601 2.500% 1/01/29 ADJUSTED 80 0.01 ADJUST FOR SALE 0.0000 0.000000 0.00 0.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/06/2021 08/03/2021 08/06/2021 313108387 SOLD PAR VALUE OF F H L M C #ZK5300 2.500% 4/01/28 /STONEX FINANCIAL INC./29,024.72 PAR VALUE AT 104.84766089 % -29,024.7200 1.048477 30,431.74 -30,154.17 277.57 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/06/2021 3131X83147 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -12.46 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/06/2021 08/06/2021 3131083147 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C #Z95300 2.500% 4/01/28 0.0000 0.000000 10.08 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/06/2021 08/03/2021 08/06/2021 3140J8392 SOLD PAR VALUE OF F N M A #8M4407 2.500%10/01/28 /STONEX FINANCIAL INC./74,239.47 PAR VALUE AT 104.84766392 % -74,239.4700 1.048477 77,838.35 -77,232.10 606.25 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/06/2021 3140J8392 AMORTIZED PREMIUM ON F N M A #BM4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -30.76 0.00 0.00 256350023 RCTC 2013 400 TOLL 805 2013488 RSV 08/06/2021 08/06/2021 3140J03R2 RECEIVED ACCRUED INTEREST ON SALE OF F N M A #8M4407 2.500% 10/01/28 0.0000 0.000000 25.78 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/06/2021 08/03/2021 08/06/2021 31418AM39. SOLD PAR VALUE OFFN M A #M41277 2.500% 12/01/27 /STONEX FINANCIAL INC./37,229.04 PAR VALUE AT 104.8476673 % -37,229.0400 1.048477 39,033.78 -38,478.98 554.85 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/06/2021 08/06/2021 314184M39 RECEIVED ACCRUED INTEREST ON SALE OF F N MA #MA1277 2.500% 12/01/27 0.0000 0.000000 12.93 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/06/2021 314184M39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500% 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.21 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/09/2021 08/03/2021 08/06/2021 313800297 SOLD PAR VALUE OF F N M A 0401658 2.500% 7/01/28 /STONEX FINANCIAL INC./32,505.07 PAR VALUE AT 104 85155085 % -34505.0700 1.048516 34,082.07 -33,764.88 317.19 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/09/2021 313800297 AMORTIZED PREMIUM ON F N M A 4401658 2.500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0 000000 0.00 -13.31 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/09/2021 08/06/2021 313800Z07 RECEIVED ACCRUED INTEREST ON SALE OF F N MA 0401658 2.500% 7/01/28 0.0000 0.000000 11.29 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/10/2021 08/05/2021 08/10/2021 38379JM99 SOLD PAR VALUE OF N M A GTD REMIC 2.500% 2/16/41 /MSNYUS33 MORGAN STANLEY NY/5,618.61 PAR VALUE AT 99.98451574 % -5,618.6100 0.999845 5,617.74 -5,623.48 4,74. 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/10/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.08 0.00 0.00 256350023 RCTC 2013 460 TOLL BDS 2013408 RSV 08/10/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 0.0000 0.000000. 3.51 0.00' 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/10/2021 38379JM99 FED BASIS OF G N M A GTO REMIC 2.500% 2/16/41 ADJUSTED 8Y 0.01 0.0000 0.000000 0.00 0.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/11/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000. -1.05 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/11/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1.05 0.00 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/11/2021 08/03/2021 3132WSF97 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C GD WA1102 1.920% 12/01/28 0.0000 0.000000 -2.65 0.00 0.00 0-00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/11/2021 08/09/2021 08/11/2021 36179M4J6 SOLD PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 /MSNYUS33 MORGAN STANLEY NY/25,878.89 PAR VALUE AT 103.81252828 % -25,878.8900 1.038125 26,865.53 -25,979.26 0.00 886.27 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/11/2021 08/11/2021 36179M4J6 RECEIVED ACCRUED INTEREST ON SALE OF G N M A I I #M40825 2.500% 3/20/28 0.0000 0.000000 17.97 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 08/11/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #MA0825 2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.58 0.00 0.00 256350023 RCTC. 2013 A&B TOLL BDS 20134&B RSV 08/11/2021 08/09/2021 08/11/2021 36179MKL3 SOLD PAR VALUE OF G N M A I I #MA0299 2-500% 8/20/27 /MSNYUS33 MORGAN STANLEY N0/69,102.39 PAR VALUE AT 103.812502 % -69,102.3900 1.038125 71,736.92 -71078.76. 0.00. .658.16 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/11/2021 36179MKL3 AMORTIZED PREMIUM ON G N M A I I #MA0299 2.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -43.42 0.00 0.00 256350023. RCTC 2013 An TOLL BDS 20134&B RSV 08/11/2021 08/11/2021 36179MKL3 RECEIVED ACCRUED INTEREST ON SALE OF G N M A 11 41M402992,500 % 8/20/27 0.0000 0,000000. 47.99. 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/12/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -848.70 0.00 0.00 0.00 421 Page 74 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account 256350023 Account RCTC 2013 AAB TOLL BDS 2013480 RSV Transaction Date 08/12/2021 Trade Date Net Cash Federal Tax Cost Short Term Long Term Gain/Loss Settlement Date CUSIP Description Units Price Amount Amount Gain/Loss Amount Amount CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 840.70 900.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256350023 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/12/2021 31348W904 INTEREST EARNED ON F H L M C M T N 0.600% 8/12/25 $1 PV ON 300000.0000 SHARES DUE 8/12/2021 0.0000 0.000000 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/12/2021 08/12/2021 3137AYSH5 PAID ACCRUED INTEREST ON PURCHASE OF F 9 L M C MLTCL MTG 1.750% 12/15/42 0.0000 0.000000 -48.65 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/12/2021 9128285196 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 593.75 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 593.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/16/2021 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 00000 0000001E 751.16 0.00 0.80. 0:00 256350023 RCTC 2013 A&0 TOLL BDS 2013A88 RSV 08/16/2021 CASH RECEIPT INTEREST DUE 8/15/21 INT PYMT 3128MENS6 0.0000 0.000000 58.50 0.00 0.00 0.00 256350023 RCTC 2013. A08 TOLL BDS 2013480 RSV 08/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 5,252:73: 0.00 0.00 0.00 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 5,252.73 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GO G18571 2.500% 10/01/30 JULY FHLMC DUE 8/15/21 -2,833.5100 0.000000 2,833.51 -2,953.87 -120.36 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 3128MMT52 AMORTIZED PREMIUM ON F H L M C CD 518571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -88.72 0.00 0.00 256350023 RCTC 2013 AAB TOLL BDS 20134&B RSV 08/16/2021 3128MMT52 INTEREST EARNED ON F H L M C GD G18571 2.500% 10/01/30 $1 PV ON 204.0800 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 00000 0.000000 204.08 0.00. 0.00 000 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/16/2021 08/15/2021 08/16/2021 3128MMUL5 PAID DOWN PAR VALUE OF F 9 L M 6 GD 018586 2.500% 2/01/31 JULY FHLMC DUE 8/15/21 -3;007.1900 0.000000 3,007.19 -3,116.71 0.00 -109.52 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 OA00000 OAO. -71.32 0.00 0.00 256350023 RCTC 2013 480 TOLL BDS 2013A&B RSV 08/16/2021 3128MMUL5 INTEREST EARNED ON F H L M C GE) 818586 /500% 2/01/31 $1 PV ON 197.1100 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 0.0000 0.000000 197.11 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 P & I DUE 08/15/21 -3,627.2900 0.000000 3,627.29 -3,859.53 -23224 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 08/16/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GO J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -250.70 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 08/16/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 419.6700 SHARES DUE 8/15/2021 P & I DUE 08/15/21 00000 0.000000 419.67 0.00. 0.00 000 256350023 RCTC 2013 AM TOLL BDS 20134&B RSV 08/16/2021 3137AQQE1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -43.70 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 08/16/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 100.9000 SHARES DUE 8/15/2021 $0.00125/PV ON 80,720.88 PV DUE 8/15/21 0.0000 0,000000. 100.90 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500% 5/15/27 -2,200.3200 0.000000 2,200.32 -2,234.06 -33.74 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -17.79. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 3137AYSH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 51 PV ON 59.6300 SHARES DUE 8/15/2021 $00.0015/PV ON 40,889.96 PV DUE 8/15/21 0.0000 0.000000 59.63 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021. 313740515 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -971.5600, 0.000000 971.:56 -992.60 -21.04 0.00 256350023 RCTC 2013 AM TOLL BDS 20134&B RSV 08/16/2021 3137B5A60 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 10/15/28 $1 PV ON 22.6000 SHARES DUE 8/15/2021 $0.00208/PV ON 10,845.90 PV DUE 8/15/21 0.0000 0.000000 22.60 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 20134&B RSV 08/16/2021 08/15/2021. 08/16/2021 3137B5A60 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500%.: 10/15/28 -461,2500 0.000000 461.25 -456:06. 0.00 5.19 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 313786DF5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 $1 PV ON 119.4200 SHARES DUE 8/15/2021 $0.00167/PV ON 71,652.94 PV DUE 8/15/21 0.0000 0.000000 119.42 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013483 RSV 08/16/2021 3137860F5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2000% 11/15/26 CURRENT YEAR AMORTIZATION 0.0000 0,000000: 0.00 -50.60 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/16/2021 08/15/2021 08/16/2021 3137060F5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2,000% 11/15/26 -3,947,1600 0.000000 3,947.16 -4,017.66 -70.50 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/16/2021 313789RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 75.0200 SHARES DUE 8/15/2021 $0.00208/PV ON 36,008.89 PV DUE 8/15/21 0.0000. 0,000000 75.02 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 313709RN7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.84 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021 3137/391297 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C MLTCL MTG 2.500%12/15/27 0.0000 0.000000 -60.88 0.00 0.00 0,00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/16/2021 08/15/2021 08/16/2021 313709897 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -2,356.6600 0.000000 2,356.66 -2,400.74 -44.08 0.00 256350023 RCTC 2013 A&B TOLL. BDS 2013A&B RSV 08/16/2021 36176XE21 AMORTIZED PREMIUM ON G N M A 6778953 3.000% 3/15/27 CURRENT E 0.4MORTIZATION 0.0000 0.000000 0,00':1 128.55 0.00 0.00 Page 75 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - radeiate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement hate ('USIP Description Lnits 36176XE21 INTEREST EARNED ON G N M A #778953 3.000% 3/15/27 0.0000 $1 PV ON 299.7800 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 Price 0.000000 Net Cash Amount 299.78 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 -169.81 Account Account 1 ransaction Date 256350023 RCTC 2013 A58 TOLL BDS 2013A&B RSV 08/16/2021 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 36176XE21 PAID DOWN PAR VALUE OF G N M A #778953 3.000% 3/15/27 JULY GNMA DUE 8/15/21 -5277.2800 0.000000. 5,277.28 -5,447.09 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 36176X088 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 JULY GNMA DUE 8/15/21 -906.4300 0.000000 906.43 -941.65 -35.22 0.00 256350023 RCTC 2013 468 TOLL BDS 2013408 RSV 08/16/2021 361760088 AMORTIZED PREMIUM ON G N M A #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 00000 0.000300. 000 -47.51 000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 36176X068 INTEREST EARNED ON G N M A #779250 3.000% 5/15/27 $1 PV ON 92.2000 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 92.20 0.00 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 36178NB99 PAID DOWN PAR VALUE OF G N M A #AB2764 2.500% 8/15/27 JULY GNMA DUE 8/15/21 -754.7300 0.000000 754.73 -759.59 0.00 -4.86 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/16/2021 36178N899 AMORTIZED PREMIUM ON G N M A 0402764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 08/16/2021 36178NB99 INTEREST EARNED ON G N M A #AB2764 2.500% 8/15/27 $1 PV ON 43.8200 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 43.82 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 3620AR867 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JULY GNMA DUE 8/15/21 -2,020.0900 0.000000 2,020.09 -2,046.46 0.00 -26.37 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/16/2021 362049867 AMORTIZED PREMIUM ON 0 N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -33.84 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 3620A9807 INTEREST EARNED ON G N M A #737261 4.000% 5/15/25 $1 PV ON 167.6300 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 167.63 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 3620ARZE4 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 JULY GNMA DUE 8/15/21 -3,994.7100 0.000000 3994.71 -4,110.66 0.00 -115.95 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/16/2021 3620ARZE4 AMORTIZED PREMIUM ON G N M A #737941 3.000% 2/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -72.44 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/16/2021 3620ARZE4 INTEREST EARNED ON G N M A #737941 3.000% 2/15/26 01 PV ON 156.1600 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 156.16 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/15/2021 08/16/2021 3622A2GC0 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JULY GNMA DUE 8/15/21 -1,152.2300 0.000000 1,152.23 -1,193.49 -41.26 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/16/2021 367202050 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0000000 0,00 -49.62 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 08/16/2021 3622A2GC0 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 101.5100 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 101.51 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/16/2021 08/16/2021 08/16/2021 38375XCM4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 5.000% 11/16/37 -1,851.45001 0.000000 1,851.45 -1,884.20 0.00. -3275 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 38375XCM4 INTEREST EARNED ON G N M A GTD REMIC 5.000% 11/16/37 $1 PV ON 66.7300 SHARES DUE 8/16/2021 $0.00417/PV ON 16.015.21 PV DUE 8/16/21 0.0000 0.000000 66.73 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 38375XCM4 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 5.000% 11/16/37 CURRENT YEAR AMORTIZATION 0,5000: 0.000000. 0.00: -5.82 0.00. 100 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021 08/16/2021 38376T521 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC 3.000% 1/16/39 -1,458.6200 0.000000 1,458.62 -397.06 -13.20 1,074.76 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/16/2021 38376T5Z1 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 3.000% 1/16/39 CURRENT YEAR AMORTIZATION 00000 5,00V 0000. 000 -9,70'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 38376T5Z1 INTEREST EARNED ON G N M A GTD REMIC 3.000% 1/16/39 $1 PV ON 130.0000 SHARES DUE 8/16/2021 00 00250/PV ON 51.999.74 PV DUE 8/16/21 0.0000 0.000000 130.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 38378B7F0 INTEREST EARNED ON G N M A GTD REMIC 2.273% 12/16/42 $1 PV ON 852.3700 SHARES DUE 8/16/2021 $0.00189/PV ON 450,000.00 PV DUE 8/16/21 0.00001 .0,050000, 852.37 0.00 0.00; 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021 08/16/2021 38378KRS0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.38858% 7/16/43 -12,868.9400 0:000000 12,868.94 -12424.56 0.00 444.38 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/16/2021 38378KRS0 INTEREST EARNED ON G N M A GTD REMIC 2.38858% 7/16/43 $1 PV ON 833.3200 SHARES DUE 8/16/2021 50.00199/PV ON 418,654.66 PV DUE 8/16/21 00000 0.000000. 8,90.32`.. 0:00. 0.00 000 256350023 RCTC 2013 A58 TOLL BDS 20134&B RSV 08/16/2021 38378KSL4 INTEREST EARNED ON G N M A GTD REMIC 2.581 % 12/16/46 $1 PV ON 923.9900 SHARES DUE 8/16/2021 $0.00217/PV ON 425.000 00 PV DUE 8/16/21 0.0000 0.000000 923.99 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021 08/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -255.3800 2000000 255.38 '242.67 0.00 12.71 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/16/2021 38378KWU9 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 $1 PV ON 21.2400 SHARES DUE 8/16/2021 $0.00117/PV ON 18,202.11 PV DUE 8/16/21 0.0000 0.000000 21.24 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021. 08/16/2021 38378KXW4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.705% 2/16/37 -4,229,9900 0.000000 4,229.99 -0031 0.00 4,229.96 256350023 RCTC 2013 A&B TOLL BDS 2013.658 RSV 08/16/2021 38378KXW4 INTEREST EARNED ON G N M A GTD REMIC 1.705% 2/16/37 $1 PV ON 77.8800 SHARES DUE 8/16/2021 50.00142/RV ON 54,810.21 PV DUE 8/16/21 0.0000 0.000000 77.88 0.00 0.00 0.00 423 Page 76 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUSIP 08/16/2021 38378VC45 Units -2,226.6700 Price 0.000000 Net Cash Amount 2,226.67 130.41 Federal Tax Cost Short Amount Gain/Loss -2,146.30 0.00 Term Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 80.37 0.00 -54.49 Description PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.250%.. 12/16/41 Account Account Transaction Date ,. i'0. •'la e 256350023 RCTC 2013 468 TOLL BDS 2013468 RSV 08/16/2021 08/16/2021 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013460 RSV 08/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2.250% 12/16/41 $1 PV ON 130.4100 SHARES DUE 8/16/2021 $0.00188/PV ON 69.551.13 PV DUE 8/16/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 08/16/2021 08/16/2021 30378XP62 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 5/16/55 -5,190.8300 0.000000 5,190.83 -5,245.32 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 08/16/2021 38378XP62 INTEREST EARNED ON G N M A GTD REMIC 2.500% 5/16/55 $1 PV ON 267.4000 SHARES DUE 8/16/2021 $0.00208/PV ON 128.351.39 PV DUE 8/16/21 0.0000 0.000000 267.40 0.00 0.00 0.00 256350023:'. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/16/2021 38378XP62 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 5/16/55 CURRENT YEAR AMORTIZATION 0.0000: 0008800 0.00 -3.36 0.00: 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 5618.6100 SHARES DUE 8/16/2021 0.0000 0.000000 3,297.78 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL BDS 2013468 RSV 08/16/2021 08/16/2021 08/16/2021 38379KDN5 PAID DOWN PAR VALUE OF G N M A:GTD REMIC 2.381% 9116/55 -79.9300 "0i000000 79.93. -77.89 000 2.04 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/16/2021 38379KDN5 INTEREST EARNED ON G N M A GTD REMIC 2.381% 9/16/55 $1 PV ON 89.1600 SHARES DUE 8/16/2021 $0.00205/PV ON 43.492.64 PV DUE 8/16/21 0.0000 0.0000 0.000000 89.16 0.00 0.00 0.00 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/16/2021 91282CAE1 INTEREST EARNED ON U S TREASURY NT 0.625% 8/15/30 $1 PV ON 90000.0000 SHARES DUE 8/15/2021 0.000000 281.25 0.00 0.00' 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,717.45 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 08/17/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS a0000 0.000000 $717x44. 0.00 0.00:: 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/19/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -96.54 0.00 0.00 0.00 256350023 RCTC 2013 4613 TOLL BDS 2013A&B RSV 08/19/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 96.54. 0.00 0,00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 08/19/2021 3620AR867 AMORTIZED PREMIUM ON G N M A 4737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.19 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 20134&B RSV 08/19/2021 08/19/2021 36204RB67 RECEIVED ACCRUED INTEREST ON SALE OF 0 8 M . #737261 4.000% 5/15/25 a0000 0.000000 96.54 0.00 0.00 0:00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/19/2021 08/16/2021 08/19/2021 362040067 SOLD PAR VALUE OF G N M A #737261 4.000% 5/15/25 /STONEX FINANCIAL INC./BD RATES/48,268.04 PAR VALUE AT 104.18749135 % -48,268.0400 1.041875 50,289.26 -48,893.98 0.00 1,395.28 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,617.50 0.00 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 2013468 RSV 08/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2,617.50 0.00 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36179M4J6 AMORTIZED PREMIUM ON 5 N M A I I #MA08252.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.18 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 20134&B RSV DB/20/2021 36179M4J6 INTEREST EARNED ON G N M A 11 #MA0825 2.500% 3/20/28 $1 PV ON 55.7600 SHARES DUE 8/20/2021 P & 1 DUE 08/20/21 0.0000 0.000000 55.76 0.00 0.00 0.00 256350023 RCTC 2013 458 TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36179M4J6 PAID DOWN PAR VALUE OF G N M A II #MA0825 2.500% 3/20/28 P & I DUE 08/20/21 -887.8000 0.000000 887.80 891.06 0.00 -3.26 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 08/20/2021 08/20/2021 08/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A 11 #MA0138 2.500% 6/20/27 P &I DUE 08/20/21 -2,594.3800 0.000000 2,594.38 -2,654.10 0.00 -59.72 256350023 RCTC 2013 A58 TOLL BDS 2013A&B RSV 08/20/2021 36179MEK2 AMORTIZED PREMIUM ON 01 M A I 1 #MA0138 2.500% 6/20/27 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 -170.28' 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 36179MEK2 INTEREST EARNED ON G N M A I I #MA0138 2.500% 6/20/27 $1 PV ON 141.5800 SHARES DUE 8/20/2021 P &I DUE 08/20/21 0.0000 0.000000 141.58 0.00 0.00 0.00 256350023, RCTC 2013 A&B TOLL. BDS 20134&B RSV 08/20/2021 36179MKL3 AMORTIZED PREMIUM ON 5 N M A I I #MA0299 2.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000009. 0.00 -0.43 a.00 0.00 256350023 RCTC 2013 460 TOLL BDS 20134&B RSV 08/20/2021 36179MKL3 INTEREST EARNED ON G N M A I I #MA0299 2.500% 8/20/27 $1 PV ON 147.5800 SHARES DUE 8/20/2021 P & 1 DUE 08/20/21 0.0000 0.000000 147.58 0.00 0.00 0.00 256350023 RCTC 2013 458 TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36179MKL3 PAID DOWN PAR VALUE OF G N M A I I #MA0299 2.500% 8/20/27 P & I DUE 08/20/21 -1,734.0200 0.000000 1,734.02, -1,783.18 0.00 -49.16 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36179M524 PAID DOWN PAR VALUE OF G N M A 11 #MA0601 2.500% 12/20/27 JULY GNMA DUE 8/20/21 -1,115.4000 0.000000 1,115.40 -1,147.43 0.00 -32.03 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 3617944024 AMORTIZED PREMIUM ON 0 N M A I I #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 »32.57: 0.00 000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36179MU24 INTEREST EARNED ON G N M A I I #MA0601 2500% 12/20/27 $1 PV ON 81.3800 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 81.38 0.00 0.00 256350023, RCTC 2013 A&B TOLL. BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36179MU32 PAID DOWN PAR VALUE OF G N M A I I #MA0602 3.000% 12/20/27 JULY GNMA DUE 8/20/21 -1,573.2300 0.000000 1,573.23 -1,631,66: 0.00 -58.43 0.00 0.00 256350023 RCTC 2013 460 TOLL BDS 20134&0 RSV D8/20/2021 36179M532 AMORTIZED PREMIUM ON G N M A 11 #M40602 3.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -79.58 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 08/20/2021 36179MU32 INTEREST EARNED ON G N M A. I I #MA0602 3.000% 12/20/27 $1 PV ON 177.7400 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20a1,.. . 0.0000 0.000000 177.74 0.00 0.00 Page 77 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Accounl Account Transact -I . .. Long Term Net Cash Federal Tax Cost Short Term Gain/Loss CUSIP Description Units Price Amount Amount Cain/I,oss Amount Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 08/20/2021 08/20/2021 36179MZV5 PAID DOWN PAR VALUE OF GNMA II #MA0756 2.500% 2/20/28 JULY GNMA DUE 8/20/21 -1,642.5600 08/20/2021 36179MZV5 AMORTIZED PREMIUM ON GNMA II #MA0756 2.500% 2/20/28 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 36179MZV5 INTEREST EARNED ON GNMA II #MA0756 2.500% 2/20/28 $1 PV ON 110.4500 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 08/20/2021 08/20/2021 08/20/2021 36179NAH1 0.0000 0.000000 0.000000 0.0000 0.000000 1,642.56 0.00 110.45 -1,690.10 0.00 -43.59 0.00 0.00 0.00 -47.54 0.00 0.00 PAID DOWN PAR VALUE OF GNMA 11 #MA0908 2.500% -4,183.3800 0.000000 4,183.38 -4,334.55 -151.17 0.00 4/20/28 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 36179NAH1 AMORTIZED PREMIUM ON GNMA II #MA0908 2500% 0.0000 0.000000 0.00 -115.70 0.00 0.00 4/20/28 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 36179NAH1 INTEREST EARNED ON G N M A I I #MA0908 2.500% 4/20/28 0.0000 0.000000 237.12 0.00 0.00 0.00 $1 PV ON 237.1200 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 08/20/2021 08/20/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF GNMA II #MA0909 3.000% -715.7900 0.000000 715.79 -743.87 0.00 -28.08 4/20/28 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A I I #MA0909 3.000% 0.0000 0.000000 0.00 -30.35 0.00 0.00 4/20/28 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 36179NAJ7 INTEREST EARNED ON G N M A I I #MA0909 3.000% 4/20/28 0.0000 0.000000 66.98 0.00 0.00 0.00 $1 PV ON 66.9800 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 08/20/2021 08/20/2021 36179441(7 PAID DOWN PAR VALUE OF GNMA I1 #MA1134 3.000% -4,923.1100 0.000000 4,923.11 -5,063.83 0.00 -140.72 7/20/28 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 36179NHK7 AMORTIZED PREMIUM ON GNMA II #MA1134 3.000% 0.0000 0.000000 0.00 -100.79 0.00 0.00 7/20/28 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 36179NHK7 INTEREST EARNED ON G N M A I I #MA1134 3.000% 7/20/28 0.0000 0.000000 314.66 0.00 0.00 0.00 $1 PV ON 314.6600 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 08/20/2021 08/20/2021 36179NKP2 PAID DOWN PAR VALUE OF GOMAII #MA1202 2.500% -3,012.1900 0.000000 3,012.19 -3,108.04 -32.94 -62.91 8/20/28 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 3617941(92 AMORTIZED PREMIUM ON GNMA II #MA1202 2.500% 0.0000 0.000000 0:00' -72.47 0.00 0.00 8/20/28 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 0.0000 0.000000 177.37 0.00 0.00 0.00 $1 PV ON 177.3700 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 08/20/2021 08/20/2021 36179RFD6. PAID DOWN PAR VALUE OF G N M A 1-1 #MA2864 3.000% -447.9100 0.000000 447.91 -463.94 0.00 -16.03 6/20/30 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36179RFD6 AMORTIZED PREMIUM ON G N M A I I #MA2864 3.000% 0.0000 0.000000 0.00 -13.41 0.00 0.00 6/20/30 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 AO TOLL BDS 2013.6&8 RSV 08/20/2021 36179RFD6 INTEREST EARNED ON G N M A I I #MA2864 3.000% 6/20/30 0.0000 0.000000 40.71 0.00 0.00' 0.00 $1 PV ON 40.7100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36179RHM4 PAID DOWN PAR VALUE OF GNMA II #MA2936 3.500% -948.7000 0.000000 948.70 -993.91 -45.21 0.00 7/20/30 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 3617904M4 AMORTIZED PREMIUM ON G N M A I I #MA2936 3.500% 0,01100; 0.000000 0.00 -76.82 0.00 0.00 7/20/30 CURRENT YEAR AMORTIZATION 36179RHM4 INTEREST EARNED ON G N M A I I #MA2936 3.500% 7/20/30 0.0000 0.000000 188.14 0.00 0.00 0.00 $1 PV ON 188.1400 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 08/20/2021 08/20/2021 36179TF83 PAID DOWN PAR VALUE OF G N M A I-1 #MA4691 3.500% -2,652.7600 0.000000 2652.76 -2793.04 -140.28 0.00 9/20/32 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36179TF83 AMORTIZED PREMIUM ON G N M A I I #MA4691 3.500% 0.0000 0.000000 0.00 -73.93 0.00 0.00 9/20/32 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 36179TF83 INTEREST EARNED ON G N M A I 1 #MA4691 3.500% 9/20/32 0.0000 0.000000 188.69 0.00 0.00 0.00 $1 PV ON 188.6900 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 08/20/2021 08/20/2021 36202F2H8 PAID DOWN PAR VALUE OF GNMA II #005276 3.000% -3,534.2400 0.000000 3,534.24 -3,581.10 -23.11 -23.75 1/20/27 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 36202E21.18 AMORTIZED PREMIUM ON GNMA II #005276 3.000% 0.0000 0.000000 0.00 -37.40 0.00 0.00 1/20/27 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&8 TOLL 805 2013A&B RSV 08/20/2021 36202F2H8 INTEREST EARNED ON G N M A I I #005276 3.000% 1/20/27 0.0000 0.000000 215.94 0.00 0.00 0.00 $1 PV ON 215.9400 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 36202F3H7 PAID DOWN PAR VALUE OF GNMA 1-1 #005300 3.000% -1,671.7800 0.000000 1,67178` -1,726.36 0.00 -54.58 2/20/27 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 36202F3H7 AMORTIZED PREMIUM ON GNMA II #005300 3.000% 0.0000 0.000000 0.00 -50.19 0.00 0.00 2/20/27 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/20211 36202F3H7 INTEREST EARNED ON GNMA II #005300 3.000% 2/20/27 0.0000 0.000000 113.30 0.00 0.00' 0.00 $1 PV ON 113.3000 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 08/20/2021 38376TTT9 PAID DOWN PAR VALUE OF G N MA GTD REMIC 3.000% -704.9100 0.000000 704:91 -716.42 0.00 -11.51 11/20/39 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 38376TTT9 INTEREST EARNED ON G N MA GTD REMIC 3.000% 0.0000 0.000000 11/20/39 $1 PV ON 54.0100 SHARES DUE 8/20/2021 S0.00250/PV ON 21.602.62 PV DUE 8/20/21 54.01 0.00' 0.00 0.00 425 Page 78 of 135 Source Accounl RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Account Transaction Date Trade Date Settlement Date CUSIP Description C nits Price Net Cash Federal Tax Cost Short Term .Amount Amount Gain/boss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/20/2021 08/20/2021 08/20/2021 38376TTT9 08/20/2021 38376WA62 256350023 RCTC 2013 A&B TOLL 800 20134&8 RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 38376W462 38376WA62 256350023 RCTC 2013 A&B TOLL 8DS 2013A&8 RSV 08/20/2021 08/20/2021 08/20/2021 38377LFC7 256350023 RCTC 2013 A&8 TOLL BDS 20134&8 RSV 08/20/2021 38377LFC7 256350023 RCTC 2013 4&8 TOLL BDS 20134&8 RSV AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 11/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 10/20/39 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 10/20/39 CURRENT YEAR AMORTIZATION INTEREST EARNED ON G N M A GTD REMIC 4.000% 0.0000 0.000000 320.08 0.00 10/20/39 $1 PV ON 320.0800 SHARES DUE 8/20/2021 $0.00333/PV ON 96,023.72 PV DUE 8/20/21 PAID DOWN PAR VALUE OF 09 M A GTD REMIC 2.500% -4,548.3300 0.000000 12/20/39 INTEREST EARNED ON G N MA GTD REMIC 2.500% 12/20/39 $1 PV ON 54.9700 SHARES DUE 8/20/2021 $0.00208/PV ON 26,383.32 PV DUE 8/20/21 0.0000 0.000000 0.00 -6.17 0.00 -2,435.3000 0.000000 2,435.30 -2,051.41 0.0000 0.000000 0.00 -14.86 0.00 0.00 0.00 4,548.33 -4,590.88 -42.55 0.0000 0.000000 54.97 0.00 0.00 08/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/20/39 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 8/20/40 INTEREST EARNED ON G N MA GTD REMIC 3.000% 8/20/40 $1 PV ON 44.0500 SHARES DUE 8/20/2021 $0.00250/PV ON 17,619.17 PV DUE 8/20/21 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 8/20/40 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF 59 M A GTD REMIC 3.000% 4/20/39 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 4/20/39 CURRENT YEAR AMORTIZATION INTEREST EARNED ON 551 M A GTD REMIC 3.000% 4/20/39 $1 PV ON 112.6000 SHARES DUE 8/20/2021 $0.00250/PV ON 45,040.14 PV DUE 8/20/21 PAID DOWN PAR VALUE OF G N MA GTD REMIC 2.000% 5/20/40 INTEREST EARNED ON G N MA GTD REMIC 2.000% 5/20/40 $1 PV ON 23.4800 SHARES DUE 8/20/2021 $0.00167/PV ON 14,086.11 PV DUE 8/20/21 0.0000 0.000000 0.00 -4.39 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 08/20/2021 08/20/2021 08/20/2021 38377QKH9 -1,184.5100 0.000000 1,184.51 -1,198.42 0.00 0.00 383.89 0.00 0.00 0.00 0.00 0.00 -13.91 256350023 RCTC 2013 A6B TOLL 800 20134&8 RSV 256350023 RCTC 2013 480 TOLL BDS 2013468 RSV 08/20/2021 08/20/2021 383770KH9 383770KH9 0.0000 0.000000 44.05 0.00 0.00 0.00 0.0000 0.000000 0.00 -3.52 0.00 0.00 256350023 RCTC 2013 A&B TOLL 8DS 2013468 RSV 08/20/2021 08/20/2021 08/20/2021 38377RVK8 -1,697.8800 0.000000 1,697.88 -839.97 0.00 857.91 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 08/20/2021 38377RVK8 38377RVK8 256350023 RCTC 2013 460 TOLL BDS 2013468 RSV 08/20/2021 08/20/2021 08/20/2021 38377YTL4 0.0000 0.000000 0.0000 0.000000 0.00 112.60 -2.37 0.00 0.00 0.00 0.00 0.00 -703.1900 0.000000 703.19 -711.08 -7.89 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 38377YTL4 0.0000 0.000000 23.48 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 38377YTL4 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 2.000% 5/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.77 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 08/20/2021 08/20/2021 38378AU90 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 10/20/26 -3,590.0200 0.000000 3,590.02 -3,650.52. 0.00 -60.50 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 383784U90 INTEREST EARNED ON G N M A GTD REMIC 3.000% 10/20/26 $1 PV ON 141.6100 SHARES DUE 8/20/2021 $0.00250/PV ON 56,644.70 PV DUE 8/20/21 0.0000 0.000000 141.61 0.00. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 38378AU90 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.63 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 08/20/2021 08/20/2021 383780088 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.000% 7/20/42 -2,840.3600 0.000000 2,840.36 -2,798.64 0.00 41.72 256350023 RCTC 2013 468 TOLL 850 20134&8 RSV 08/20/2021 36378F888 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20/42 $1 PV ON 206.4200 SHARES DUE 8/20/2021 50.00167/PV ON 123,850.50 PV DUE 8/20/21 0.0000 0.000000 206.42 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 201318&8 RSV 08/20/2021 08/20/2021 08/20/2021 38378HAU0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 8/20/27 -1,616.7900 0.000000 1,616.79 -1,639.91 -23.12 0.00 256350023 RCTC 2013 A&B TOLL 8DS 2013468 RSV 08/20/2021 3837804U0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -24.79 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 201348.8 RSV 08/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 5109 ON 63.5000 SHARES DUE 8/20/2021 $0.00125/PV ON 50,795.68 PV DUE 8/20/21 0.0000 0.000000 63.50 0.00 0.00 0.00 256350023 RCTC 2013 488 TOLL BDS 2013468 RSV 08/20/2021 08/20/2021 08/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 12/20/40 -860.0800 0.000000 860.08 -849.33 0.00 10.75 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 51 PV ON 26.4500 SHARES DUE 8/20/2021 $0.00125/PV ON 21,161.92 PV DUE 8/20/21 0.0000 0.000000 26.45 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL KS 2013A&8 RSV 08/20/2021 08/20/2021 08/20/2021 38378TAF7 PAID DOWN PAR VALUE OF 5 9 M A GTD REMIC 2.500% 7/20/41 -1,828.2400 0.000000 1,828.24 -0.01 0.00 1,828.23 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/20/2021 38378TAF7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 7/20/41 $1 PV ON 132.2100 SHARES DUE 8/20/2021 $0.00208/PV ON 63,460.58 PV DUE 8/20/21 0.0000 0000000 13221 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/20/2021 08/20/2021 08/20/2021 30380AZ34 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/46 -2,657.6800 0.000000 2,657.68 -2685.18 0.00 -27.50 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/20/2021 383804234 INTEREST EARNED ON G N M A GTD REMIC 3.000% 4/20/46 51 PV ON 176.4400 SHARES DUE. 8/20/2021 50.00250/PV ON 70,574.85 PV DUE 8/20/21 00000 0,130 000. 176..44 0,00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/20/2021 383804Z34 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 0.000000 0.00 -14.46 0.00 0.00 4/20/46 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20136&8 RSV 08/20/2021 08/20/2021 912828YZ7 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.625%12/31/21 0..0000: 8,000000. -598.79 0:00. 0.00 0:00 426 Page 79 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date rade Date Settlement Date CUSIH' Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 450 TOLL BDS 2013A&B RSV 08/23/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME 0.0000 EARNINGS 0.000000 0.000000 -429.91 429.91 0.00 0.00 0.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 08/23/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME 0.0000 EARNINGS 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/23/2021 08/23/2021 361785899 RECEIVED ACCRUED INTEREST ON SALE OF G N M A 0.0000 0.000000 30.98 0.00 0.00 #482764 2.500% 8/15/27 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/23/2021 361785899 AMORTIZED PREMIUM ON 0 N M A #482764 2.500% 0.0000 8/15/27 CURRENT YEAR AMORTIZATION 0.000000 0.00 -1.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/23/2021 08/18/2021 08/23/2021 36178N899 SOLD PAR VALUE OF G N M A #002764 2.500% 8/15/27 -20,280.3300 /STONEX FINANCIAL INC./BD RATES/20,280.33 PAR VALUE AT 103.43756734 0 1.034376 20,977.48 -20,409.91 0.00 567.57 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/24/2021 08/03/2021 08/06/2021 3128MENS6 SOLD PAR VALUE OF F H L M C GD G15601 2,500% 1/01/29 -27,326.4700 /STONEX FINANCIAL INC./27,326.47 PAR VALUE AT 104.84768066 0 1.048477 28,651.17 -28,345.80 305.37 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/24/2021 08/06/2021 3128MENS6 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C GD 0.0000 615601 2.500% 1/01/29 0.000000 9.49 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/24/2021 3128MENS6 AMORTIZED PREMIUM ON F H L M 0 GD 015601 2.500% 0.0000 1/01/29 CURRENT YEAR AMORTIZATION 0.000000 0.00 -18.80 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 08/24/2021 3134GXDT8 INTEREST EARNED ON F H L M C M T N 0.350% 11/24/23 0.0000 51 PV ON 145000 0000 SHARES DUE 8/24/2021 0.000000 126.88 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME 0.0000 EARNINGS 0.000000 -9,475.44 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL 8DS 2013458 RSV 08/25/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME 0.0000 EARNINGS 0.000000 9,475.44 0.00 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3131X83H7 AMORTIZED PREMIUM 05 F H L M 0 #Z55300 2.500% 0.0000 4/01/28 CURRENT YEAR AMORTIZATION 0.000000 0.00 -0.64 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/25/2021 3131X83H7 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 0.0000 $1 PV ON 62.4800 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.000000 62.48 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3131X83H7 PAID DOWN PAR VALUE OF F H L M 0 #2K5300 2.500% 4/01/28 P & I DUE 08/25/21 -965.7800 0.000000. 965.,78 -1,002.72 -36.94. 0.00 256350023 ROTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 313248571 AMORTIZED PREMIUM ON F H L M 0 #Z38063 2.500%: 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -146.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 313248571 INTEREST EARNED ON F H L M C #ZS8063 2:500% 9/01/32 $1 PV ON 384.1200 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 01000004 384.12' 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 08/25/2021 08/25/2021 313248571 PAID DOWN PAR VALUE OF F H L M C #ZS8063 2.500% 9/01/32 JULY FHLMC DUE 8/25/21 -5,836.6700 0.000000 5,836.67 -6,092.86 0.00 -256.19 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 08/25/2021 08/25/2021 08/25/2021 3132480L7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 JULY FHLMC DUE 8/25/21 -2,032.2700 0.000000 2,032.27 2154.87 -122.60 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3132A8GL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -95.16 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3132A8GL7 INTEREST EARNED ON F H L M C #287403 3.000% 5/01/31 $1 PV ON 184.0700 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 184.07 0.00 0.00 0.00 256350023 RCTC 2013 450 TOLL BDS 2013408 RSV 08/25/2021 313249T64 AMORTIZED PREMIUM ON F H L M C #ZS8673 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 .0.000000 0.00 -97.73 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 313249T64 INTEREST EARNED ON F H L M C #ZS8673 3.000% 10/01/32 $1 PV ON 293.3400 SHARES DUE 8/25/2021 JULY FHLMC DUE. 8/25/21 0.0000 0.000000 293.34. 0.00 0.00. 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 313249T64 PAID DOWN PAR VALUE OF F H L M 0 #Z08673 3.000% 10/01/32 JULY FHLMC DUE 8/25/21 -4,701.6500 0.000000 4,701.65 -4,905.63 0.00 -203.98 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3132AEF68 PAID DOWN PAR VALUE OF F H LM 0 #ZT1989 3.5000 1/01/33 JULY FHLMC DUE 8/25/21 3,441.3200 0.000.000_ 3,441.32. -3,706.66 -2665.34 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M 0 #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -218.59 0.05 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013458 RSV 08/25/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 P9 05 387.8200 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 387.82 000 0.00. 0.00 256350023 RCTC 2013 A&B TOLL 830 2013A&B RSV 08/25/2021 3132AEFC5 AMORTIZED PREMIUM 05 F H L M 0 #ZT1963 3.500%. 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -535.31 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 1051.3600 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 1,051.36 0.00 0.00. 0f00 256350023 RCTC 2013 A&B TOLL 800 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% 11/01/30 JULY FHLMC DUE 8/25/21 -8,292.2800 0.000000 8,292.28 -8,795.54 -503.26 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3132AEFK7 PAID DOWN PAR VALUE OF F H LM 0 #ZT1970 3.500% 4/01/33 JULY FHLMC DUE 8/25/21 -1,668.1200 0.000000 1,668.12. -1,795.04 -126.92 0:00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3132AEFK7 AMORTIZED PREMIUM ON F H L M 0 #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -113.16 0.00 0.00 256350023 RCTC 2013 450 TOLL 830 20134&8 RSV 08/25/2021 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33 $1 PV ON 206.2700 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0:000000 206.27 0.00 0.00 0.00 256350023 RCTC 2013 458 TOLL BDS 2013408 RSV 08/25/2021 313209093 AMORTIZED PREMIUM ON F H L M 0 #500096 3.000% 10/01/40 CURREN' 5444 AMORTIZATION 0.0000 0.000000 0.00 -252.40 0.00 0.00 Page 80 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3132D9093 INTEREST EARNED ON F H L M C #5C0096 3.000% 10/01/40 $1 PV ON 400.2900 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 400.29 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 08/25/2021 08/25/2021 313259093 PAID DOWN PAR VALUE OF F H L M C #SC0096 3.000% 10/01/40 JULY FHLMC DUE 8/25/21 -2474.1500 0.000000 2,474.15 -2,629.40 -155.25 0.00 256350022. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2482% 4/25/22 $1 PV ON 82680.5500 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 4.50 0.00 000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 08/25/2021 08/25/2021 3136A72D3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -6,328.2300 0.000000 6,328.23 -0.02 0.00 6,328.21 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 313647203 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 171.0100 SHARES DUE 8/25/2021 $0.00207/PV ON 82,680.55 PV DUE 8/25/21 0.0000 0.000000. 171.01 0.00 0.00:'. 000 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 313647MN9 INTEREST EARNED ON F N M A GTD REMIC 2349% 5/25/22 51 PV ON 309.1700 SHARES DUE 8/25/2021 $0.00196/PV ON 157,917.48 PV DUE 8/25/21 0.0000 0.000000 309.17 0.00 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013488 RSV 08/25/2021 3136967M09 AMORTIZED PREMIUM ON F 0 M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -66.91 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.349% 5/25/22 -11,782.3000 0.000000 11,782.30 -11,965.73 0.00 -183.43 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 313657MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 157917.4800 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 19.89 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20135&8 RSV 08/25/2021 08/25/2021 08/25/2021 313648SX9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -1,617.3000 0.000000 1,617.30 -1,642.89 -25.59 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3136A85X9 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 $1 PV ON 48.1300 SHARES DUE 8/25/2021 $0.00125/PV ON 38,501.42 PV DUE 8/25/21 0.0000 0.000000 48.13 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3136A8SX9 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.5009 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.57 0.00 0.00 256350023 ROTC 2013 488 TOLL BDS 20134&B RSV 08/25/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 $1 PV ON 75.5800 SHARES DUE 8/25/2021 $0.00167/PV ON 45,349.77 PV DUE 8/25/21 0.0000 0.000000 75.58 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/25/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.98 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -1,7474500 0.000000 1,74745 =1,778.531. -31.08 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013A8.,B RSV 08/25/2021 08/25/2021 08/25/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% 3/25/23 -7,247.4100 0.000000 7,247.41 -7,171.57 0.00 75.84 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3136A07J4 INTEREST EARNED. ON F N M A GTD REMIC 2.533% 3/25/23 $1 PV ON 926100 SHARES DUE 8/25/2021 $0.00218/PV ON 42.559.44 PV DUE 8/25/21 0.0000 0.000000 98:51 0.00 0.00:. 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2533% 3/25/23 $1 PV ON 42559.4400 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 174.78 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3136ADFF1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 4/25/23 -2,465.8200 0.000000 2,465.82 -2,430.37 0.00 35.45 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/23 $1 PV ON 40.5900 SHARES DUE 8/25/2021 50.00125/PV ON 32,473.65 PV DUE 8/25/21 0.0000 0.000000 40.59 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/25/2021 08/25/2021 08/25/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -4,395.5600. 0.000000. 4,395.56. -4,440.83 -45.27 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -32.08 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20135&8 RSV 08/25/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 102.9600 SHARES DUE 8/25/2021 50.00104/PV ON 98,842.06 PV DUE 8/25/21 0.0000 0.000450'. 10296 0.04'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1.750% 7/25/28 $1 PV ON 63.6700 SHARES DUE 8/25/2021 $0.00146/PV ON 43,662.49 PV DUE 8/25/21 0.0000 0.000000 63.67 0.00 0.00 0.00 256350023 RCTC 2013 488 TOLL BDS 2013A&B RSV 08/25/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0-0000 &WOW 0:00. -23.02 0,00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013486 RSV 08/25/2021 08/25/2521 08/25/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -1,623.0500 0,000000 1,623.05 -1,651.13 -28.08 0.00 256350023 RCTC 2013 An TOLL 850 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3136AHAEO PAID DOWN PAR VALUE OF F N M A GTD REMIC 2623% 4/25/23 -44.3900.. QA00QQ0'. 44.39 -44.60 0.00 -0:25 256350023 RCTC 2013 A&B TOLL BDS 2013A88 RSV 08/25/2021 3136AHAE0 INTEREST EARNED ON F N M A GTD REMIC 2.623% 4/25/23 $1 PV ON 62.2900 SHARES DUE 8/25/2021 $0.00220/PV ON 28.377.06 PV DUE 8/25/21 0.0000 0.000000 62.29 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV ' 08;triAa 3136AHAE0 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000. 0,d0000Q'� 0,50.. -842: 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 3136AQZK9 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/31 51 PV ON 112.3700 SHARES DUE 8/25/2021 $0.00167/PV ON 67,421.22 PV DUE 8/25/21 0.0000 0.000000 112.37 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/25/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/31 CURRENT 555„0 AMORTIZATION 0.0000: 440,00044; ,ti'',50 44.57' 0.00 0.00 Page 81 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source .Account Account Transach I' "... b' ' ' i':"' CUSII' Description Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Units Price Amount Amount Gain/boss Amount Amount -1,457.5900 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3136AQZK9 PAID DOWN PAR VALUE OF FNMA GTD REMIC 2.000% 11/25/31 PAID DOWN PAR VALUE OF F H L M C MULT1CLA 2.373% 5/25/22 INTEREST EARNED ON FHLMC MULTICLA 2.373% 5/25/22 $1 PV ON 554.2400 SHARES DUE 8/25/2021 $0.00198/PV ON 280273.42 PV DUE 8/25/21 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3137ATRW4 -698.9300 0.000000 0.000000 256350023 ROTC 2013 A58 TOLL BDS 2013458 RSV 08/25/2021 3137ATRW4 1,457.59 698.93 -1,498.67 -41.08 -688.96 0.00 0.0000 0.000000 554.24 0.00 0.00 0.00 9.97 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 08/25/2021 08/25/2021 3137AUPE3 PAID DOWN PAR VALUE OF F H LM C MLTCL MT 2.396% -354.4800 0.000000 354.48 -344.04 0.00 10.44 6/25/22 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L MC MLTCL MT 2.396% 0.0000 0.000000 0.00 -29.70 0.00 0.00 6/25/22 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 3137AUPE3 INTEREST EARNED ON F H L M C MLTCL MT 2.396% 0.0000 0.000000 295.15 0.00 0.00 0.00 6/25/22 21 PV ON 295.1500 SHARES DUE 8/25/2021 $0.00200/PV ON 147,814:80 PV DUE 8/25/21 08/25/2021 08/25/2021 08/25/2021 3137AWQG3 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 1.583% -3,720.2900 0.000000 3,720.29 4/25/22 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 46.0100 SHARES DUE 8/25/2021 50.00132/PV ON 34.878.98 PV DUE 8/25/21 -3,733.65 0.00 -13.36 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 3137AWQG3 0.0000 0.000000 46.01 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL 850 2013A&8 RSV 08/25/2021 3137AWQG3 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.583% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.54 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013458 RSV 08/25/2021 3137AXHP1 INTEREST EARNED ON F H L M C MLTCL MT 6.22428% 9/25/22 $1 PV ON 140000.0000 SHARES DUE 7/25/2021 0.0000 0.000000 300.19 0.00 0.00 0.00 256350023 RCTC 2013 A&e TOLL BDS 20134&B RSV 08/25/2021 313781BS0 INTEREST EARNED ON F H L M C MLTCL MT 2.51004% 11/25/22 $1 PV ON 360000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 753.01 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 08/25/2021 08/25/2021 3137131U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -980.1700 21.475866 980.17 -1,002.96. 0.00 -22.79 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3137131U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 643.3000 SHARES DUE 8/25/2021 $0.00210/PV ON 306.086.12 PV DUE 8/25/21 0.0000 0.000000 643.30 0.00 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137B1U75 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.22404% 1/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -159.39 0.00 0.00 256350023 RCTC 2013 458 TOLL BDS 2013A&B RSV 08/25/2021 313761 UG5 INTEREST EARNED ON F H L M C MLTCL MTG 2.637% 1/25/23 31 PV ON 240000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 527.40 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 08/25/2021 313783N W4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 16330.6800 SHARES DUE 8/25/2021 0.0000 0.000000 37.81 0.00 0.00 0.00 256350023 RCTC 2013 A58 TOLL BDS 2013458 RSV 08/25/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 175000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 403.95 0.00 0.00 0.00 256350023 RCTC 2013 A&e TOLL BDS 20134&B RSV 08/25/2021 31378LAC2 INTEREST EARNED ON F H L M C MLTCL MT 3.28404% 6/25/25 $1 PV ON 101.2600 SHARES DUE 8/25/2021 $0.00274/PV ON 37.000.00 PV DUE 8/25/21 0.0000 0.000000 101.26 0,00 0.00'. 0.00 256350023 RCTC 2013 A&e TOLL BDS 20134&0 RSV 08/25/2021 08/25/2021 08/25/2021 31378LW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2802% 1/25/25 -3,883.8600 0.000000 3,883.86 -4,056.31 -172.45 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2802% 1/25/25 $1 PV ON 449.4700 SHARES DUE 8/25/2021 $0.00234/PV ON 192.493.48 PV DUE 8/25/21 0.0000. 0:000000 449.47 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -212.14 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3137BVZ74 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MTG 3.045% 8/25/26 -1,437.5300 0.000000 1,437.53 -1,521.19 0.00 -83.66 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137BVZ74 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 642.2000 SHARES DUE 8/25/2021 $0.00254/PV ON 253,083 77 PV DUE 8/25/21 0.0000 0.000000 642.20 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 -24910. 0:00 0:00 256350023. RCTC 2013 A88 TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3137135P07 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 -7,010.2600 0.000000 7,010.26 -7,393.76 -383.50 0.00 .256350023. RCTC. 2013 MB TOLL BDS 2013A&B RSV 08/25/2021 3137BYPQ7 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 583.5100 SHARES DUE 8/25/2021 50.00260/PV ON 224.462.20 PV DUE 8/25/21 0.0000. 0.000000 583.51 0800' 181410. 0,011 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137BYPQ7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 -379.52 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013458 RSV 08/25/2021 3137F4096 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 97.3300 SHARES DUE 8/25/2021 $0.00243/PV ON 40,000.00 PV DUE 8/25/21 0.0000 0.000000 97.33 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 201348,8 RSV 08/25/2021 3137F4D41 INTEREST EARNED ON F H L M C MLTCL MT 0.24996% 1/25/28 $1 PV ON 105.0000 SHARES DUE 8/25/2021 0.0000 0.000000 105.00 0.00 0.00 0.00 $0.00300/PV ON 35,000.00 PV DUE 8/25/21 256350023 RCTC 2013 A58 TOLL BDS 2013A&8 RSV 08/25/2021 313751302 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 $1 PV ON 303.8000 SHARES DUE 8/25/2021 $0.00253/PV ON .12,41,X0.00 PV DUE 8/25/21 0.0000 0.000000 303.80 0.00'. 0.00 0.00 Page 82 of 135 RIVERSIDE ROTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350023 RCTC 2013 AM TOLL BDS 2013A&B RSV 1 railsaction Nate 08/25/2021 I i-ade bate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSIP Description IL nits 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 0.0000 8/25/27 $1 PV ON 200000.0000 SHARES DUE 8/25/2021 Price 0.000000 Net Cash Amount Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 -9.56 0.00 0.00 546.84 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3137FMD66 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.283% 5/25/26 -222.5800. 'Aob000 222.58 -232.14 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137FMD66 INTEREST EARNED ON F H L M C MLTCL MT 2.283% 5/25/26 $1 PV ON 133.8600 SHARES DUE 8/25/2021 $0.00190/PV ON 70.360.64 PV DUE 8/25/21 0.0000 0.000000 133.86 0.00 0.00 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137FMD66 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2283% 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -53.80 0.00 256350023 RCTC 2013 068 TOLL BDS 20130&B RSV 08/25/2021 08/25/2021 08/25/2021 3137FNAD2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.87496% 11/25/28 -166.3200 0.000000 166.32 -168.92 0.00 -2.60 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137FNAD2 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 286.5900 SHARES DUE 8/25/2021 $0.00219/PV ON 130.71293 PV DUE 8/25/21 0.0000 0.000000 286.59 6;08-. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013086 RSV 08/25/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 287496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0.00 -23.81 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20130&8 RSV 08/25/2021 08/25/2021 08/25/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.258% 6/25/29 -362.53001 0.000000. 362.53. -363.90 0.00 -1.37 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137FPJF3 INTEREST EARNED ON F H L M 0 MLTCL MT 2 258% 6/25/29 $1 PV ON 336 4900 SHARES DUE 8/25/2021 30.00188/RV ON 178.821 92 PV DUE 8/25/21 0.0000 0.000000 336.49 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137FPJF3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.258% 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.28 0.00 0.00 256350023 RCTC 2013 AM TOLL BDS 2013088 RSV 08/25/2021 08/25/2021 08/25/2021 3137FQ3Y7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.51196% 7/25/29 -368.7300 0.000000 368.73 -368.84 0.00 -0.11 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3137F5307 INTEREST EARNED ON F H L M C MLTCL MT 2.51196% 7/25/29 $1 PV ON 327.6800 SHARES DUE. 8/25/2021 $0.00183/PV ON 179,551.25 PV DUE 8/25/21 0.0000 0.000000 327.68 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3137FQ3Y7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.51196% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.56 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3137FWHY9 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.82638% 9/25/30 -972,1800 0.000000. 972.18 -967.32 4.86 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3137FWHV9 INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 131.2100 SHARES DUE 8/25/2021 $0.00069/PV ON 190.533.25 PV DUE 8/25/21 0.0000 0.000000 131.21 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3137FYUR5 PAID DOWN PAR VALUE OF F 9 L M C MLTCL 0.24996% 8/26/24 -18.1000 0.000000 18.10 -18.11 -0.01 0.00 256350023 RCTC 2013 AM TOLL BDS 2013088 RSV 08/25/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 50.9100 SHARES DUE 8/25/2021 $0.00020/PV ON 248.464.99 PV DUE 8/25/21 0.0000 0.000000 50.91 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 08/25/2021 3137FYUR5 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.99 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 08/25/2021 08/25/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 JULY FNMA DUE 8/25/21 -280.3000 0.000000 280.30 -283.12 0.00 -2.82 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 08/25/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -102.70 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 289.6700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 289.67 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.55586 3/01/23 P & I DUE 08/25/21. -11,043.8300 0.000000 11,043.83 -11,040.30 0.00 3.53 256350023 RCTC 2013 MB TOLL BDS 20130813 RSV 08/25/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 P5 ON 185777 1600 SHARES DUE 8/25/2021 8/25 PENALTY PAYMENT 0.0000 0.000000 216.93 0.00 0.00 0.00 256350023 RCTC 2013 A8B TOLL BDS 2013A&B RSV 08/25/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 01060. 0 55QU06, 0.00 366 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 08/25/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2:336% 3/01/23 MARKET DISCOUNT 0.0000 0:000000 0.00 1.92 0.00 0.00 256350023 RCTC 2013 An TOLL BDS 20130&8 RSV 08/25/2021 3408E10,144 5;4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT MOO 0,000000'. 0.00. 2.03 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 08/25/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336% 3/01/23 $1 PV ON 371.6200 SHARES DUE 8/25/2021 P &I DUE 08/25/21 0.0000 0.000000 371.62 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3138ENQD4 PAID DOWN PAR VALUE OF F N M A #AL5851 3.500% 10/01/29 JULY FNMA DUE 8/25/21 -664.3800y 0.000000 664.38 -708.28 -43.90 600 256350023 RCTC 2013 AM TOLL BDS 20130&8 RSV 08/25/2021 3138ENQD4 AMORTIZED PREMIUM ON FNMA #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 08/25/2021 3138ENQD4 INTEREST EARNED ON FNMA #AL5851 3.500%10/01/29 $1 PV ON 73.3200 SHARES DUE. 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 0.00 -44.74 0.00 0.00 256350023. ROTC 2013 A&B TOLL BDS 2013A&B RSV 0.0000 0.000000 73.32 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 08/25/2021 08/25/2021 08/25/2021 3138EQRJ3 PAID DOWN PAR VALUE OF FNMA #AL7688 3.500% -1793.0300 0.000000 1,793.03 -1,910.34 -117.31 0.00 11/01/30 JULY FNMA DUE 8/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV Otarilat 31Q8EQRJ3 AMORTIZED PREMIUM ON FNMA #AL7688 3.500% 04004 2.004000 0.00 -88..81- 0.00 0.00 11/01/30 CURRENT YEAR AMORTIZATION 430 Page 83 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Account Account 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 1 ransaction Nate 08/25/2021 I rude Date 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement Date CUSIP Description C nits 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500% 11/01/30 0.0000 $1 PV ON 160.7900 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 Price 0.000000 Net Cash Amount 160.79 Federal Tax Cost Short Amount Gain/Loss 0.00 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 08/25/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31. CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -133.42 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 225.1900 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 225.19 0.00 0.00 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 JULY FNMA DUE 8/25/21 -1,813.1100 0.000000 1,813.11 -1,946.01 -132.90 0.00 256350023 RCTC 2013 408 TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2.550% 10/01/28 JULY FNMA DUE 8/25/21 -381.6900 0.000000 381.69 -392.36 0.00 -10.67 256350023. RCTC 2013 A&B TOLL BDS 2013A8B RSV 08/25/2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #A142905 2.550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -85.77 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3138LFGP7 INTEREST EARNED ON F N M A #AN2905 2.550% 10/01/28 $1 PV ON 596.0500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 596.05 0.00 0.00 0.00 256350023 RCTC 2013 An TOLLBDS 2013A&B RSV 08/25/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #404860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000.. 0.000000. 0.00 -83.41 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2.500% 5/01/30 $1 PV ON 175.0800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 175.08 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #484865 2.500% 5/01/30 JULY FNMA DUE 8/25/21 -1,079.5900 0.000000 1,079.59 -1,127.91 -48.32 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3138X0ZY7 AMORTIZED PREMIUM ON F N M A #AU1658 2.500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.57 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3138X0ZY7 INTEREST EARNED ON F N M A #AU1658 2500% 7/01/28 $1 PV ON 69.6200 SHARES DUE. 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 69.62 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3138XOZY7 PAID DOWN PAR VALUE OF F N M A #AU1658 2.500% 7/01/28 P &I DUE 08/25/21 -911.9000 0.000000 911.90 -946.67 -34.77 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3140J6FU6 PAID DOWN PAR VALUE OF F N M A #BM1978 3.000% 10/01/32 JULY FNMA DUE 8/25/21 -1,330.0800 0.000000. 1,330.08 -1,405.75. -75.67 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3140J6FU6 AMORTIZED PREMIUM ON F N M A #BM1978 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -87.88 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3140.16E06 INTEREST EARNED ON F N M A #8M1978 3.000% 10/01/32 $1 PV ON 201.1500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 201.15 0.00 0.00 0.00 256350023 RCTC 2013 486 TOLL BDS 20134&B RSV 08/25/2021 3140J83R2 AMORTIZED PREMIUM ON F N M A #0M4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.17 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3140J83R2 INTEREST EARNED ON F N M A #BM4407 2.500% 10/01/28 $1 PV ON 158.4600 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 158.46 0.00 0.00. 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 3140J83R2 PAID DOWN PAR VALUE OF F N M A #8M4407 2.500% 10/01/28 P & I DUE 08/25/21 -1,819.3600 0,000000 1,819.36 -1,891.53 -72.17 0.00 256350023 RCTC 2013 A&B TOLLBDS 2013A&B RSV 08/25/2021 08/25/2021. 08/25/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JULY FNMA DUE 8/25/21 -889.7600 0000000'. 889.76 -943.88 -54.12 OAO 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 08/25/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -66.66 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 51 PV ON 143.6200 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.0'69,6911. 143.62 94.6 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 08/25/2021 08/25/2021 08/25/2021 3140JAU97 PAID DOWN PAR VALUE OF F N M A #0M6007 2.596%. 6/01/49 P & I DUE 08/25/21 -41.7000 0.000000 41.70 -43.28 0.00 -1.58 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #8M6007 2.596% 6/01/49 CURRENT YEAR AMORTIZATION 0.0000 0000000 0.00 -4.56'. 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 08/25/2021 3140JAU97 INTEREST EARNED ON F N M A #BM6007 2.596% 6/01/49 $1 PV ON 89.3300 SHARES DUE 8/25/2021 P &I DUE 08/25/21 0.0000 0.000000 89.33 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3140041-190 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 JULY FNMA DUE 8/25/21 -3,790.6200 0,000000 3,790.62 -3,978.28 -187.66 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -122.13 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 3140041-190 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 276.8700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 276.87 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 08/25/2021 314007L56 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -89.86 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 314007LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 259.2500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 OA00050 259.25. 0.00 0.00. 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&B RSV 08/25/2021 08/25/2021 08/25/2021 3140X7L06 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% -4,399.7200 0.000000 4,399.72 -4,609.81 -210.09 000 8/01/35 JULY FNMA DUE 8/25/21 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/25/2021 08/25/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JULY FNMA DUE 8/25/21 5441.2000: .0000000. 5,441.20 5,797:61 -356.41 431 Page 84 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Accounl Accounl Transachr-• o �. 91 CIP STAMP Quarter ti' '° ement Date CUSII' Portfolio Transaction Report by Account ended September 30, 2021 Description Units AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 0.0000 2/01/35 CURRENT YEAR AMORTIZATION Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Term Amount Gain/Loss Amount -199.88 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350023 RCTC 2013 AM TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 3140X9VK8 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 3140099K8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 454.7800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 454.78 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 31417YKF3 AMORTIZED PREMIUM ON F N M A #MA0293 4.500% 1/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.43 0.00 0.00 256350023 RCTC 2013 AU TOLL BDS 2013A&8 RSV 08/25/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 $1 PV ON 286.6100 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 286.61 0.00'. 0.00 0.00 256350023 RCTC 2013 A88 TOLL BDS 2013408 RSV 08/25/2021 08/25/2021 08/25/2021 3141708F3 PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% 1/01/30 JULY FNMA DUE 8/25/21 -2,692.0700 0.000000 2,692.07 -1,406.86 0.00 1,285.21 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 31418AM39 AMORTIZED PREMIUM ON F N M A #MA1277 2.500% 12/01/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.73 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/25/2021 314184M39 INTEREST EARNED ON F N M A #MA1277 2.500% 12/01/27 $1 PV ON 80.1700 SHARES DUE 8/25/2021 8/25/21 PAYMENT 0.0000 0.000000 80.17 0.00 0.00 0.00 256350023 RCTC 2013 AU TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 314184M39 PAID DOWN PAR VALUE OF F N M A #MA1277 2.500% 12/01/278/25/21 PAYMENT -1253.1300 0.000000. 1,253.13 -1,294.47 -41.34 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 08/25/2021 08/25/2021 08/25/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 JULY FNMA DUE 8/25/21 -7,219.3900 0.000000 7,219.39 -7,562.68 -343.29 0.00 256350023 RCTC 2013 AU TOLL BDS 20130&8 RSV 08/25/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2.500%. 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -183.66 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/25/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500% 11/01/31 $1 PV ON 414.2700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 414.27 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 314180047 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 JULY FNMA DUE 8/25/21 -4,835.3100 0.000000 4,835.31 -4992.39 -157.08 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013448 RSV 08/25/2021 31418D947 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -91.39 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 08/25/2021 31410D047 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 311.1500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 311.15 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 08/25/2021 314180983 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000% 12/01/30 JULY FNMA DUE 8/25/21 -3,757.4800 0.000000 3,757.48 -3,905.22 -147.74 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 3141809113 AMORTIZED PREMIUM ON F N M A #MA4226 2.000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -129,24 0.00 0.00 256350023 RCTC 2013 AO TOLL 850 20134&B RSV 08/25/2021 31418DV83 INTEREST EARNED ON F N M A #MA4226 2.000% 12/01/30 $1 PV ON 263.1400 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 263.14 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A8B RSV 08/25/2021 08/25/2021 08/25/2021 31418DXH0 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3/01/36 JULY FNMA DUE 8/25/21 -2,287.3600 0.000000 2,287.36 -2,365.38 -78.02 0,00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 08/25/2021 31418DXH0 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -81.01 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20134&8 RSV 08/25/2021 314185000 INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 278.4900 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 278.49. 0:00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013A&8 RSV 08/25/2021 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -174.47 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 419.1800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.0,00000. 419.18 01015 0.00 0.00 256350023 RCTC 2013 AU TOLL BDS 2013468 RSV 08/25/2021 08/25/2021 08/25/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 JULY FNMA DUE 8/25/21 -3,838.0500 0.000000 3,838.05 -3,969.97 -131.92 0.00 256350023. RCTC 20134&B TOLL BDS 2013A&B RSV 08/25/2021 08/25/2021 912828YZ7 RECEIVED ACCRUED INTEREST ON SALE OF U 0 TREASURY NT 1.625%12/31/21 0.0000 0.000000 655.30 0.00 0.00'. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013448 RSV 08/25/2021 912828027 AMORTIZED PREMIUM ON U S TREASURY NT 1.625% 12/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0,00 -56.43 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/25/2021 08/24/2021 08/25/2021 912828YZ7 SOLD PAR VALUE OF U S TREASURY NT 1.625% 12/31/21 /SBNYUS33 CITGROUP GBL MKTS NY/265,000 PAR VALUE AT 100.55859245 % -265,000.0000 1.005586 266,480.27 -266,444.55 35.72 0.00 1256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 256350023 RCTC 2013 A&B TOLL 800 20134&8 RSV 08/26/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 08/26/2021 08/25/2021 08/25/2021 91282CCG4 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.250% 6/15/24 08/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 -254.61 0.00 0.00 0.00 0.0000 0.000000 -8,773.78 0.00 0.00 0.00 0.0000 0.000000 8,773.78 0.00 0.00 0.00 3137B3NW4 AMORTIZED PREMIUM ON F H L MC MLTCL MTG 2.778% 0.0000 0;000000 0,00 -13.39 0.00 0.00 9/25/22 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 08/26/2021 08/25/2021 08/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% -1,145.0800 0.000000 1,145.08 -1,157.08 -12.00 0.00 9/25/22 256350023 RCTC 2013 480 TOLL BDS 20134&8 RSV 08/27/2021 9120285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 0.0000 0,000000 0.00 638.75 0.00 0.00 ADJUSTED BY 638.75 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 08/31/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME 0.0000 0.000000 -3,893.75 0.00 0.00 0.00 EARNINGS 432 Page 85 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description Units 256350023 RCTC 2013 A&B TOLL BDS 2013688 RSV 08/31/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.13060 0.000000 3,893.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 08/31/2021 912828J43 INTEREST EARNED ON U S TREASURY NT 1.750% 2/28/22 $1 PV ON 445000.0000 SHARES DUE 8/31/2021 0.0000 0.000000 3,893.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/01/2021 31646V401 INTEREST EARNED ON FIRST AM GOVT 06 FD CL D UNIT ON 0.0000 SHARES DUE 8/31/2021 INTEREST FROM 8/1/21 TO 6/31/21 0.0000 0.000000 1.09 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/01/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 0.0000 0.000000 -3.51 0.00 0.00 256350023:'. RCTC 2013 A&B TOLL BDS 2013680 RSV 09/01/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 00000 0000000 1,36; 0:00 0.00: 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/01/2021 08/05/2021 08/10/2021 38379JM99 SOLD -REV PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 /MSNYUS33 MORGAN STANLEY NY/5,618.61 PAR VALUE AT 99.98451574 % 5,618.6100 0.999845 -5,617.74 5,623.48 5.74 0.00 256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/01/2021 08/05/2021 08/10/2021 38379JM99 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 /MORGAN STANLEY & CO. LLC/2,332.55 PAR VALUE AT 99.9845625 -2332.5500 0.999846 2,332 19 -2,334.58 -2.39. 000 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/01/2021 38379JM99 FED BASIS OF G N M A GTD REMIC 2.500% 2/16/41 ADJUSTED 8Y -0,01 0.0000 0.000000 0.00 -0.01 0.00 0.00 256350023. RCTC 2013 MB TOLL BDS 2013688 RSV 09/01/2021 38379JM99 AMORTIZED PREMIUM ON 5 N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 0.08 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/01/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.08 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20136&B RSV 09/01/2021 09/01/2021 91282C8A8 PAID ACCRUED INTEREST ON PURCHASE OF U $ TREASURY NT 0.125%12)15/23 00000 0.000000 -47.95 0.00 0.00: 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/08/2021 09/08/2021 09/08/2021 3137ARVU7 DISTRIBUTED PAR VALUE OF F H L M C MLTCL MTG 3.000% 8/15/38 VALUED AT 0.00 REMOVE RESIDUAL SHARES -0.0200 0.000000 0.00 -0.02 0.00 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/09/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 6/20/21; CUSIP 38377JM59 0.0000 0.000000 -2,376.64 0.00 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 2013688 RSV 09/09/2021 08/20/2021 09/09/2021 38377JM59 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 10/20/39 -2,376.6400 0.000000 2,376.64 -2,317.22 0.00 59.42 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/13/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED 8Y 342.50 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000. 0,00 342.50 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,027.70 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 09/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 00000 0:005500 2:824.701 0.00 0.00: 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD G18571 2.500% 10/01/30 AUGUST FHLMC DUE 9/15/21 -3,219.2300 0.000000 3,219.23 -3,353.10 -133.87 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021. 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD 518571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -85.04 000 am 256350023 RCTC 2013 A&B TOLL BDS 2013666 RSV 09/15/2021 3128MMT52 INTEREST EARNED ON F H L M C 00 018571 2.500% 10/01/30 $1 PV ON 198.1800 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 198.18 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C M018586 2.500% 2/01/31 AUGUST FHLMC DUE 9/15/21 -2703:2500 0000000. 270325 -2,799:69! 0.00 -96.44 256350023 RCTC 2013 A68 TOLL BDS 2013A&8 RSV 09/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -68.14 0.00 0.00 256350023! RCTC 2013 A&B TOLL BDS 20136&B RSV 09/15/2021 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2.500% 2/01/31 $1 PV ON 190.8500 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0000000 190:85 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 31307N640 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 AUGUST FHLMC DUE 9/15/21 -2,822.1900 0.000000 2822.19 -2,998.79 -176.60 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 09/15/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000%. 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -238.12 000 am 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 410.6100 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 410.61 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013658 RSV 09/15/2021 09/15/2021 09/15/2021 3137A00E1 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MTG 1.500%. 5/15/27 -2158.9400 0000000: 2158:94. -2190,90 -31.96 0:00 256350023 RCTC 2013 A88 TOLL BDS 2013A&8 RSV 09/15/2021 3137AOOE1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -41.61 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 3137AOQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 98.1600 SHARES DUE 9/15/2021 $0.00125/PV ON 78.520.56 PV DUE 9/15/21 0.0000 0000000 98.16 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 3137AYSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -3,117.8700 0.000000 3,117.87 -3,183.32 -65.45 0.00 256350023 RCTC 2013 A88 TOLL BDS 2013688 RSV 09/15/2021 31374901-15 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -46:91 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 09/15/2021 3137AYSH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750% 12/15/42 $1 PV ON 190.8800 SHARES DUE 9/15/2021 S0.00146/PV ON 130.895.20 PV DUE 9/15/21 0.0000 0.000000 190.88 0.00 0.00 0.00 433 Page 86 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source ettlement Date CUM P 09/15/2021 313785460 Description PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 10/15/28 Units -510.8700 Price 0.000000 Net Cash Amount 510.07 21.63 Federal Tax Cost Amount -505.12 0.00 Short Term Gain/Loss Amount 0.00 0.00 -52.09 Long Term Gain/Loss Amount 5.75 0-00 Account Account -Transaction Date " i'3. • lit e 256350023 RCTC 2013 460 TOLL BDS 2013460 RSV 09/15/2021 09/15/2021 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013466 RSV 09/15/2021 3137B5A60 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 10/15/28 $1 PV ON 21.6300 SHARES DUE 9/15/2021 $0.00208/PV ON 10384.65 PV DUE 9/15/21 0.0000 0.000000 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 3137660F5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 11/15/26 -3,033.9900 0.000000 3,033.99 -3,086.08 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 09/15/2021 313786DF5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 $1 PV ON 112.8400 SHARES DUE 9/15/2021 $0.00167/PV ON 67.705.78 PV DUE 9/15/21 0.0000 0.000000 112.84 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/15/2021 313796DF5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.000% 11/15/26 CURRENT YEAR AMORTIZATION 0.80801 0000001E 0.00 46:92 0.00: 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/15/2021 09/15/2021 09/15/2021 3137B9RN7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -3,725.4700 0.000000 3,725.47 -3,788.79 -63.32 0.00 256350023 RCTC 2013. A&B TOLL BDS 2013460 RSV 09/15/2021 3137/391297 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -50.39 0.00 0.00 256350023 RCTC 2013 A&B TOLL 850 2013A&8 RSV 09/15/2021 3137B9RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 191.8800 SHARES DUE 9/15/2021 $0.00208/PV ON 92.100.84 PV DUE 9/15/21 0.0000 0.000000 191.88 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 36176XE21 PAID DOWN PAR VALUE OF G N M A #778953 3.000% 3/15/27 AUGUST GNMA DUE 9/15/21 -4,030.9300 0.000000 4,030!93 -4;156.41 0.00 -125:48 256350023 RCTC 2013 468 TOLL 000 2013468 RSV 09/15/2021 36176XE21 AMORTIZED PREMIUM ON G N M A 4778953 3.000% 3/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -120.25 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/15/2021 36176X621 INTEREST EARNED ON G N M A #778953 3.000% 3/15/27 $1 PV ON 286.5800 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 0,000000 286.58 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 09/15/2021 09/15/2021 09/15/2021 36176X088 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 AUGUST GNMA DUE 9/15/21 -1,163.0600 0.000000 1,163.06 -1,206.78 -43.72 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 36176XQB8 AMORTIZED PREMIUM ON G N M A 0779250 3.00016 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 "'6&00000 0.00 35242' 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 361760088 INTEREST EARNED ON G N M A #779250 3.000% 5/15/27 $1 PV ON 89.9300 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 0.000000 89.93 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/15/2021 09/15/2021 09/15/2021 3620ARZE4 PAID DOWN PAR VALUE OF G N M A #737941 3.000% 2/15/26 AUGUST GNMA DUE 9/15/21 -1,561.3500: 0:000000: 1,561.35 -1,504.90 0.00 -43.55 256350023 RCTC 2013 460 TOLL BDS 2013A&B RSV 09/15/2021 3620ARZE4 AMORTIZED PREMIUM ON 0 N M A 4737941 3.000% 2/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -66.23 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/15/2021 3620ARZE4 INTEREST EARNED ON G N M A #737941 3.000% 2/15/26 $1 PV ON 146.1700 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000, 0,000000 146.17 0.00'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/15/2021 09/15/2021 09/15/2021 3622A2GC0 PAID DOWN PAR VALUE OF 0 N M A #783795 2.500% 3/15/28 AUGUST GNMA DUE 9/15/21 -2,208.5200 0.000000 2,208.52 -2,285.39 -76.87 0.00 256350023 RCTC 2013 460 TOLL BDS 2013A&B RSV 09/15/2021 367742000 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 47:51 0.00 0.00. 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 09/15/2021 3622A2000 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 $1 PV ON 99.1100 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 0.000000 99.11 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 0.0000 0.000000 -751.16 0.00 0.00 0.00 256350023 RCTC 2013 460 TOLL 800 20134&8 RSV 09/16/2021 CASH RECEIPT INTEREST DUE 8/15/21 INT PYMT 3128MENS6 0.0000 0.000000 -58.50 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,334.12 0.00 0.00 0.00 256350023 RCTC 2013 460 TOLL BDS 2013468 RSV 09/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,334.12 0.00 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 08/15/2021 09/16/2021 3128MENS6 PAID DOWN PAR VALUE OF F H L M 0 GO G15601 2.500% 1/01/298/15/21 PYMT -751.1600 0.000000 751.16 -778.98 -27.82 0.00 256350023 RCTC 2013 408 TOLL BDS 20134&B RSV 09/16/2021 3128MENS6 AMORTIZED PREMIUM ON F H L M C GD G15601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.20 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 3128MENS6 INTEREST EARNED ON F H L M C GD G15601 2.500% 1/01/29 $1 PV ON 58.5000 SHARES DUE 8/15/2021 8/15/21 PYMT 0.0000 0.000000 68.50 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 09/16/2021 09/16/2021 38375XCM4 PAID DOWN PAR VALUE OF GNMA GTD REMIC 5.000% 11/16/37 INTEREST EARNED ON G N MA GTD REMIC 5.000% 11/16/37 $1 PV ON 59.0200 SHARES DUE 9/16/2021 $0.00417/PV ON 14.163.76 PV DUE 9/16/21 -2,404.1100 0.000000 2,404.11 -2,445.77 0.00 -41.66 256350023 RCTC 2013 An TOLL BDS 2013468 RSV 09/16/2021 38375XCM4 256350023 RCTC 2013 A&B TOLL BDS 2013.6&B RSV 09/16/2021 matt 0.000000 38375XCM4 AMORTIZED PREMIUM ON GNMA GTD REMIC 5.000% 0.0000 0.000000 11/16/37 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF GNMA GTD REMIC 3.000% -1,437.7700 0.000000 1,437 77 -391.11 -12.74 1,059.40 1/16/39 256350023, RCTC 2013 A&B TOLL. BDS 2013466 RSV 09/16/2021 09/16/2021 09/16/2021 38376T521 0.00 0.00 0.00 0.00 -5.05 0.00 0.00 256350023 RCTC 2013 468 TOLL BDS 20134&0 RSV 09/16/2021 38376T5Z1 AMORTIZED PREMIUM ON GNMA GTD REMIC 3.000% 0.0000 0.000000 0.00 -9.24 0.00 0.00 1/16/39 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/16/2021 38376T521 INTEREST EARNED ON G N M A GTD REMIC 3.000% 0.0000 0.000000 126.35 0.00 0.00 0.00 1/16/39 $1 PV ON 126.3500 SHARES DUE 9/16/2021 $0.00250/PV ON 4141.12 PV DUE 9/16/21 Page 87 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - radeiate 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement hate ('USH' Description Units 38378B7F0 INTEREST EARNED ON G N M A GTD REMIC 2.273%: 0.0000 12/16/42 $1 PV ON 852.3700 SHARES DUE 9/16/2021 50.00189/PV ON 450,000.00 PV DUE 9/16/21 Price 0.000000 Net Cash Amount 852.37 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 258.41 0.00 Account Account 1 ransaction bate 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/16/2021 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/16/2021 09/16/2021 09/16/2021 38378KRS0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.38858% 7/16/43 -7483.4300: 0.000000. 7,483.43 -7,225.02 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 38378KRS0 INTEREST EARNED ON G N M A GTD REMIC 2.38858% 7/16/43 $1 PV ON 807.7100 SHARES DUE 9/16/2021 50.00199/PV ON 405,785.72 PV DUE 9/16/21 0.0000 0.000000 807.71 0.00 0.00 RCTC 2013 AM TOLL BDS 2013A&B RSV 09/16/2021 38378KSL4 INTEREST EARNED ON G N M A GTD REMIC 2.581% 12/16/46 $1 PV ON 923.9900 SHARES DUE 9/16/2021 50.00217/PV ON 425,000.00 PV DUE 9/16/21 0.0000. 0.000000 923.99 0.00 0.00 0.00 256350023 RCTC 2013 AM TOLL MS 2013A&8 RSV 09/16/2021 09/16/2021 09/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -255.9900 0.000000 255.99 -243.24 0.00 12.75 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/16/2021 38378KWU9 INTEREST EARNED ON G N M A. GTD REMIC 1.400% 10/16/41 51 PV ON 20.9400 SHARES DUE 9/16/2021 $0.00117/PV ON 17,946.73 PV DUE 9/16/21 a0000 0.000000 20.94 000 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20136&8 RSV 09/16/2021 09/16/2021 09/16/2021 38378KXW4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.705% 2/16/37 -506.7400 0.000000 506.74 0.00 0.00 506.74 256350023, RCTC 2013 MB TOLL BDS 2013A&B RSV 09/16/2021 38378KXW4 INTEREST EARNED ON G N M A GTD REMIC 1.705%. 2/16/37 $1 PV ON 71.8700 SHARES DUE 9/16/2021 50.00142/PV ON 50,580.22 PV DUE 9/16/21 0.0000 0.000000 71.87 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013658 RSV 09/16/2021 09/16/2021 09/16/2021 38378VC45 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.250% 12/16/41 -2,193.3700 0.000000 2,193.37 -2,114.20 0.00 79.17 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2.250% 12/16/41 51 PV ON 126.2300 SHARES DUE 9/16/2021 00.00188/PV ON 67,324.46 PV DUE 9/16/21 0.0000 0.000000 126.23 0.00 0.00 0.00 256350023 RCTC 2013 AM TOLL BDS 2013A&8 RSV 09/16/2021 09/16/2021 09/16/2021 38378XP62 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 5/16/55 -280.4700 0.000000 280.47 -283.41 0.00 -2.94 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/16/2021 38378XP62 INTEREST EARNED ON G N M A GTD REMIC 2.500% 5/16/55 $1 PV ON 256.5800 SHARES DUE 9/16/2021 $0.00208/PV ON 123,160.56 PV DUE 9/16/21 0.0000. 0.000000 256.58 0.00 0.00 0.00 256350023 RCTC 2013 AM TOLL 8DS 2013658 RSV 09/16/2021 383780P62 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 5/16/55 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.23 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 09/16/2021 09/16/2021 09/16/2021 383791<0N5 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.381% 9/16/55 -80.1800 ;0400000 80:18 -78.13 0.00 2.05 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 09/16/2021 38379KDN5 INTEREST EARNED ON G N M A GTD REMIC 2.381% 9/16/55 $1 PV ON 89,0600 SHARES DUE 9/16/2021 $0.00205/PV ON 43,412.71 PV DUE 9/16/21 0.0000 0.000000 89.06 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0-0000 0:000000 -18.71 0.00 0.00 0:00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/17/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 18.71 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/17/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 5618.6100 SHARES DUE 8/16/2021 0.0000 0,000000 -3,297.78 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/17/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 11.7100 SHARES DUE 9/16/2021 50.00208/PV ON 3,286.05 PV DUE 9/16/21 0.0000 0.000000 11.71 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013668 RSV 09/17/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.07 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/17/2021 09/16/2021 09/17/2021 38379JM99 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC 2.500% 2/16/41 -3,286.0500 0.000000 3,286.05 -3,288.82 -2.77 0.00 256350023 RCTC 2013 AM TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 36179MEK2 PAID DOWN PAR VALUE OF G N M A I I #MA0138 250096 6/20/27 P & I DUE 09/20/21 -2,161.2100 0.000000. 2,161.21 -2,205.64 0.00 -44.43 256350023 RCTC 2013 MB TOLL BM 2013A&8 RSV 09/20/2021 36179MEK2 AMORTIZED PREMIUM ON G N M A I I #MA0138 2 500% 6/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -160.83 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/20/2021 36179MEK2 INTEREST EARNED ON G N M A. I I #MA0138 2.500% 6/20/27 51 PV ON 136.1700 SHARES DUE 9/20/2021 P & I DUE 09/20/21 a0000 0.000000 136.17 000 o 00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 36179M024 PAID DOWN PAR VALUE OF G N M A I I #MA0601 2.500% 12/20/27 AUGUST GNMA DUE 9/20/21 -1,166.3600 0.000000 1,166.36 -1,198.89 0.00 -32.53 256350023, RCTC 2013 MB TOLL BDS 2013A&B RSV 09/20/2021 36179M824 AMORTIZED PREMIUM ON G N M A I I #MA0601 2.500% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -31.11 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 20130&B RSV 09/20/2021 36179M524 INTEREST EARNED ON G N M A I I #MA0601 2.500% 12/20/27 $1 PV ON 79.0500 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 79.05 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 36179M832 PAID DOWN PAR VALUE OF G N M A I I #MA0602 3.00096 12/20/27 AUGUST GNMA DUE 9/20/21 -2,069.1600 0.000000 2069.16 -2,143.74 0.00 74.58 256350023 RCTC 2013 AM TOLL 850 2013A&B RSV 09/20/2021 36179MU32 AMORTIZED PREMIUM ON G N M A 110MA0602 3.000% 12/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -76.39 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013058 RSV 09/20/2021 36179M832 INTEREST EARNED ON 5 9 M A. II #MA0602 3.000% 12/20/27 51 PV ON 173.8100 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 a0000 0.000000 173.81 019.0.' 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&8 RSV 09/20/2021 09/20/2021 09/20/2021 36179MZV5 PAID DOWN PAR VALUE OF G N M A I I #MA07562.500% 2/20/28 AUGUST GNMA DUE 9/20/21 -1,333.7700 0.000000 1,333.77 -1,371.30 0.00 -37.53 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179MZV5 AMORTIZED PREMIUM ON G N M A I I #MA07562.500% 2/20/28 CURRENTA' 018.AMORTIZATION 0.0000.. 0.000000. 0.00. -41.50 0.00 0,00 Page 88 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source - rade'tsite 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Settlement hate ('USIP Description Units 36179MZV5 INTEREST EARNED ON G N M A 1 1 #MA0756 2.500% 2/20/28 0.0000 $1 PV ON 107.0300 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 Price 0.000000 Net Cash Amount 107.03 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 Long Term Gain/Loss Amount 0.00 0.00 Account Account Transaction bate 256350023 RCTC 2013 A08 TOLL BDS 2013A&B RSV 09/20/2021 256350023 RCTC2013 MB TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 36179NAH1 PAID DOWN PAR VALUE OF G N M A I I #MA0908 2,500% 4/20/28 AUGUST GNMA DUE 9/20/21 -3,939.3800: 0.000000. 3,939.38 -4,077.80 -138.42 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179NAH1 AMORTIZED PREMIUM ON G N M A 11 #MA0908 2.500% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -109.56 0.00 0.00 256350023 RCTC 2013 A60 TOLL BDS 2013A&8 RSV 09/20/2021 36179NAH1 INTEREST EARNED ON G N M A 11 #MA0908 2.500% 4/20/28 $1 PV ON 228.4100 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 228.41 0.00. 0.00 0.00 256350023 RCTC 2013 A58 TOLL BDS 2013/8&8 RSV 09/20/2021 09/20/2021 09/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A I I #MA0909 3.000% 4/20/28 AUGUST GNMA DUE 9/20/21 -932.0800 0.000000 932.08 -967.61 0.00 -35.53 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A II #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.02 0.00 0.00 256350023 RCTC 2013 A58 TOLL BDS 2013/868 RSV 09/20/2021 36179NAJ7 INTEREST EARNED ON G N M A 1 I #MA0909 3.000% 4/20/28 $1 PV ON 65.1900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 65.19 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/8&8 RSV 09/20/2021 09/20/2021 09/20/2021 36179NHK7 PAID DOWN PAR VALUE OF 0 N M A I I #MA1134 3.000% 7/20/28 AUGUST GNMA DUE 9/20/21 -2807.2800 0.000000. 2807.28. -2,885.31 0.00 -78.03 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A I I #MA11343.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -95.11 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/8&8 RSV 09/20/2021 36179NHK7 INTEREST EARNED ON G N M A I I #MA1134 3.000% 7/20/28 $1 PV ON 302.3600 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 302.36 0.00 0.00 0.00 256350023 RCTC 2013 A08 TOLL BDS 2013/868 RSV 09/20/2021 09/20/2021 09/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #MA1202 2.500% 8/20/28 AUGUST GNMA DUE 9/20/21 -2,719.8000 0.000000 2719.80 -2,804.06 -28.95 -55.31 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A II #MA1202 2.500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -68.77 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013/8&8 RSV 09/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 171.0900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 171.09 0.00 0.00 0.00 256350023 RCTC 2013 A68 TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 361799F06 PAID DOWN PAR VALUE OF 0 N M A I I #MA2864 3.000% 6/20/30 AUGUST GNMA DUE 9/20/21 -526.4100 0.000000. 526.41 -544.82 0.00 -18.41 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 36179RF56 AMORTIZED PREMIUM ON G N M A 11 #MA28643.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -12.84 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/8&8 RSV 09/20/2021 36179RF86 INTEREST EARNED ON G N M A I I #MA2864 3.000% 6/20/30 $1 PV ON 39.5900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 39.59 0.00 0.00 0.00 256350023 RCTC 2013 MB TOLL BDS 2013/868 RSV 09/20/2021 09/20/2021 09/20/2021 36179RHM4 PAID DOWN PAR VALUE OF G N M A I I #MA2936 3.500% 7/20/30 AUGUST GNMA DUE 9/20/21 -1,998.3700 0.000000 1,998.37 -2091.26 -92.89 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179RHM4 AMORTIZED PREMIUM ON G N M A I I #MA2936 3.500% 7/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -74.53 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36179RHM4 INTEREST EARNED ON G N M A 11 #MA2936 3.500% 7/20/30 $1 PV ON 185.3800 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 185.38 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 36179TF83 PAID DOWN PAR VALUE OF G N M A I I #MA4691 3:500% 9/20/32 AUGUST GNMA DUE 9/20/21 -1,6035600 0.000000. 1,603.56; -1686.59 -82.99' 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 36179TF83 AMORTIZED PREMIUM ON G N M A II #MA4691 3.500% 9/20/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -69.72 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/8&8 RSV 09/20/2021 36179TF83 INTEREST EARNED ON G N M A I 1 #MA4691 3:500% 9/20/32 $1 PV ON 180.9500 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.0000I0ti1'. 180.95 Ott' 0.00' 0.00 256350023 RCTC 2013 MB TOLL BDS 2013/868 RSV 09/20/2021 09/20/2021 09/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A. 11#005276 3.000% 1/20/27 P & I DUE 09/20/21 -3,262.2200 0.000000 3,262.22 -3,303.65 -20.07 -21.36 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A I I #0052763.000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 -0000000 0 o0 =35.09; 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/808 RSV 09/20/2021 36202F2H8 INTEREST EARNED ON G N M A 11 #005276 3.000% 1/20/27 51 PV ON 207.0900 SHARES DUE 9/20/2021 P & I DUE 09/20/21 0.0000 0.000000 207.09 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 2013/8&8 RSV 09/20/2021 09/20/2021 09/20/2021 36202F3H7 PAID DOWN PAR VALUE OF 0 N M A I I #005300 3.000% 2/20/27 AUGUST GNMA DUE 9/20/21 -1,387.2000 0.000000 1,387.20.. -1,430:98' 0.00 -43.78 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 36202F3H7 AMORTIZED PREMIUM ON G N M A I I #005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -47.34 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/8&8 RSV 09/20/2021 36202F3H7 INTEREST EARNED ON G N M A I I #005300 3.000% 2/20/27 $1 PV ON 109.1200 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 109,12 0.00'. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013/868 RSV 09/20/2021 09/20/2021 09/20/2021 38376TTT9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 11/20/39 -686.8600 0.000000 686.86 -697.88 0.00 -11.02 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 38375TTT9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 11/20/39 $1 PV ON 52.2400 SHARES DUE. 9/20/2021 $0.00250/PV ON 20,897.71 PV DUE 9/20/21 0.0000 0800050 5224 0.50 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 383761779 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0.0000 0.000000 0.00 -6.08 0.00 0.00 11/20/39 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A68 TOLL BDS 2013/8&8 RSV 09/20/2021 09/20/2021 09/20/2021 38376WA62 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC 4.000%. 10/20/39 -3,726.9700.. 0.000000. 3,725.97 -3,138,87 0.00 588.10 436 Page 89 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION Source Accou III Account Transache• o � . ti' 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 '° ement Date CUSII' Description Units 38376W962 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 0.0000 10/20/39 CURRENT YEAR AMORTIZATION Price 0.000000 Net Cash Amount 0.00 Federal Tax Cost Short Amount Gain/Loss -14.74 Term Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 09/20/2021 256350023 RCTC 2013 A&B TOLL BDS 2013558 RSV 38376WA62 INTEREST EARNED ON G N M A GTD REMIC 4.000% 10/20/39 $1 PV ON 311.9600 SHARES DUE 9/20/2021 S0.00333/PV ON 93.588.42 PV DUE 9/20/21 0.0000 0.000000. 311.,96 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38377LFC7 PAID DOWN PAR VALUE OF 0 5 M A GTD REMIC 2.500% 12/20/39 -3,418.9400 0.000000 3,418.94 -3;450.35 -31.41 0.00 256350023 RCTC 2013 AU TOLL BDS 2013A&8 RSV 09/20/2021 38377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 $1 PV ON 45.4900 SHARES DUE 9/20/2021 60.00200/PV ON 21.834.99 PV DUE 9/20/21 0.0000 0.000000 45491 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20135&8 RSV 09/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.69 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 8/20/40 -1,156.0600 0.000000 1,156.06 -1,169.40 0.00 -13.34 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 09/20/2021 38377QKH9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 8/20/40 $1 PV ON 41.0900 SHARES DUE 9/20/2021 60.00250/PV ON 16434.66 PV DUE 9/20/21 0.0000 0.000000 41.09 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20135&8 RSV 09/20/2021 38377QKH9 AMORTIZED PREMIUM ON 0 N M A GTD REMIC 3.0005 8/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -3.34 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38377RVK8 PAID DOWN PAR VALUE OF 0 5 M A GTD REMIC 3.000% 4/20/39 -2625.1000 0.000000 2,625.10 -1,298.54 0.00 1,326.56 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 38377RVK8 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 4/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.32 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 38377RVK8 INTEREST EARNED ON G N M A GTD REMIC 3.000% 4/20/39 $1 PV ON 108.3600 SHARES DUE 9/20/2021 60.00250/PV ON 43.342.26 PV DUE 9/20/21 0.0000 0.000000 108.36 0.00 0.00 0.00 256350023 RCTC2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38377YTL4 PAID DOWN PAR VALUE OFG N M AGTD REMIC 2.000% 5/20/40 -702.9100 0.000000 702.91 -710.66 -7.75 0.00 256350023 RCTC 2013 450 TOLL BDS 2013408 RSV 09/20/2021 38377YTL4 INTEREST EARNED ON G N M A GTD REMIC 2.000% 5/20/40 61 PV ON 22.3000 SHARES DUE 9/20/2021 $0.00167/PV ON 13,382.92 PV DUE 9/20/21 0.0000 0.000000 22.30 0.00 0.00 0.00 256350023 RCTC 2013 060 TOLL BDS 2013A&B RSV 09/20/2021 38377YTL4 AMORTIZED PREMIUM ON 5 5 M A GTD REMIC 2.000% 5/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000. 0.00 -2.68 0.00 0.00 _ 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/20/2021 09/20/2021 09/20/2021 38378A090 PAID DOWN PAR VALUE OF 0 5 M A GTD REMIC 3.000% 10/20/26 -3,592.5400 0.000000 3,592.54 -3,650.87 0.00 -58.33 256350023 RCTC 2013 A&B TOLL BDS 20135&8 RSV 09/20/2021 38378AU90 INTEREST EARNED ON G N M A GTD REMIC 3.000% 10/20/26 $1 PV ON 132.6400 SHARES DUE 9/20/2021 $0.00250/PV ON 53,054.68 PV DUE 9/20/21 0.0000 0.000000 13264 0.00'. 0.00 0.00 256350023 RCTC 2013 4&B TOLL BDS 20135&B RSV 09/20/2021 383784U90 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 10/20/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -32.65 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38370F088 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.000% 7/20/42 -3,856.0800 0.000000 3,856.08 -3,799.44 0.00 56.64 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 38378FRB6 INTEREST EARNED ON G N M A GTD REMIC 2.000% 7/20/42 $1 PV ON 201.6800 SHARES DUE 9/20/2021 60.00167/PV ON 121,010.14 PV DUE 9/20/21 0.0000 0.000000 201.68 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 09/20/2021 09/20/2021 38378HAU0 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 1.500% 8/20/27 -1,746.7600 0.000000. 1,746.76. -1,770.90 -24.14 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -23.51 0.00 0.00 256350023 RCTC 2013 AU TOLL BDS 20135&8 RSV 09/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 61.4700 SHARES DUE 9/20/2021 $0.00125/PV ON 49.178.69 09 DUE 9/20/21 0.0000 0.000006'. 61.47 0110: 0.00' 0.00 256350023 RCTC 2013 AU TOLL BDS 20134&8 RSV 09/20/2021 09/20/2021 09/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 12/20/40 -847.1600 0.000000 847.16 -836.57 0.00 10.59 256350023. RCTC 2013 A&B TOLL BDS 20135&B RSV 09/20/2021 38378JZD7 INTEREST EARNED ON 0 5 M A GTD REMIC 1.500% 12/20/40 $1 PV ON 25.3800 SHARES DUE 9/20/2021 $0.00125/PV ON 20301.84 PV DUE 9/20/21 0.0000 .0.0$0000'. 25.38 0:00' 0.001 0,00 256350023 RCTC 2013 A&B TOLL BDS 20135&B RSV 09/20/2021 09/20/2021 09/20/2021 38378TAF7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 7/20/41 -1,800.6100 0,000000 1,800.61 -0.01 0.00 1,800.60 256350023 RCTC 2013 An TOLL BDS 20135&8 RSV 09/20/2021 38378TAF7 INTEREST EARNED ON 0 5 M A GTD REMIC 2.500% 7/20/41 $1 PV ON 128.4000 SHARES DUE 9/20/2021 $0.00208/PV ON 61,63234 PV DUE 9/20/21 0.0000 0.000000. 128.40 0.'00'. 0.00, 0:00 256350023 RCTC 2013 050 TOLL BDS 2013008 RSV 09/20/2021 09/20/2021 09/20/2021 383804234 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 4/20/46 -4,254.3800 0.000000 4,254.38 -4,297.52 0.00 -43.14 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 09/20/2021 36380AZ34 INTEREST EARNED ON G N M A GTD REMIC 3.000% 4/20/46 $1 PV ON 169.7900 SHARES DUE 9/20/2021 $0.00250/PV ON 67.917.17 PV DUE 9/20/21 0.0000 0.000000 169.79 0.00; 0,00- 090 256350023 RCTC 2013 AO TOLL BDS 2013A&B RSV 09/20/2021 383804Z34 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 4/20/46 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.14 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20135&B RSV 09/21/2021 09/21/2821 38S78ti7F0. RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.273% 12/16/42 0.0000 0.000000 50825 0.651 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/21/2021 09/16/2021 09/21/2021 3837867F0. SOLD PAR VALUE OF G N M A GTD REMIC 2273% 12/16/42 /DAVIDSON, D.A., & COMPANY, INC/450,000 PAR VALUE AT 102.48437556 % -450,000.0000 1.024844 461,179.69 -427,324.22 0.00 33,855.47 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/21/2021 09/21/2021 91282CAM3 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.250% 9/39(2?., 0.0000 0.000000 -647.75 0.04 0.00 0.00 Page 90 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Accounl Accounl T rausaction Date rade'Date Settlement Date CUSIP Description t nits Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 _ -15.069.89 0.00 0.00 -5742.46 0.00 0.00 0.00 0.00 0.00 -237.31 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 15,069.89 256350023 RCTC 2013 068 TOLL BDS 20130&8 RSV 09/27/2021 09/25/2021 09/27/2021 3132085Y1 PAID DOWN PAR VALUE OF F H L M C #ZS8063 2.500% 9/01/32 AUGUST FHLMC DUE 9/25/21 -5,505.1500 0.000000 5,505.15 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132A85551 AMORTIZED PREMIUM ON F H L M C #ZS8063 2.500% 9/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -140.45 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013088 RSV 09/27/2021 3132005Y1 INTEREST EARNED ON F H L M C #ZS8063 2.500% 9/01/32 51 PV ON 371.9600 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 371.96 0.00 0.00 0.00 256350023 ROTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 09/25/2021 09/27/2021 3132080L7 PAID DOWN PAR VALUE OF F H L M C #257403 3.000% 5/01/31 AUGUST FHLMC DUE 9/25/21 -2,043.6200 0.000000 2,043.62 -2,164.30 -120.68. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132A8GL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -91.21 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 3132A8GL7 INTEREST EARNED ON F H L M C #ZS7403 3.000% 5/01/31 $1 PV ON 178.9900 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 178.99 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 09/25/2021 09/27/2021 313209T04 PAID DOWN PAR VALUE OF F H L M C #ZS8673 3.000% 10/01/32 AUGUST FHLMC DUE 9/25/21 -3,901.1500 0.000000 3,901.15 -4,067.19 0.00 -166.04 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132A9T64 INTEREST EARNED ON F H L M C #ZS8673 3.000% 10/01/32 $1 PV ON 281.5800 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 281.58 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132A9T64 AMORTIZED PREMIUM ON F H L M C #ZS8673 3.000% 10/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -92.55 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 09/25/2021 09/27/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #211989 3.500% 1/01/33 AUGUST FHLMC DUE 9/25/21 -2,936.8300 0.000000 2936.83 -3;158.52 -221.69 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -209.47 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 377.7900 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 377.79 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013088 RSV 09/27/2021 09/25/2021 09/27/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% 11/01/30 AUGUST FHLMC DUE 9/25/21 -0,541.1200 0.000000 8,541.12 -9,047.02 -505.90 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00'. -513.01 0.00. 0.00 256350023 RCTC 2013 0&B TOLL BDS 2013088 RSV 09/27/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 51 PV ON 1027.1800 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 1,027.18 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 09/27/2021 09/25/2021 09/27/2021 3132AEFK7 PAID DOWN PAR VALUE OF F H L M C #ZT1970 3.500% 4/01/33 AUGUST FHLMC DUE 9/25/21 -1,756.6500 0.000000 1,756.65 -1.,887.54 -130.89 0.00 256350023 RCTC 2013 A&B TOLL BUS 20130&B RSV 09/27/2021 3132AEFK7 AMORTIZED PREMIUM ON F H L M 0 #ZT1970 3.500% 4/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -108.65 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 3132AEFK7 INTEREST EARNED ON F H L M C #ZT1970 3.500% 4/01/33. $1 PV ON 201.4000 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 201.40 0.00 0.00 0.00 256350023 RCTC 2013 A58 TOLL BDS 20130&8 RSV 09/27/2021 09/25/2021 09/27/2021 313209093 PAID DOWN PAR VALUE OF F H L M C #SC0096 3.000% 10/01/40 AUGUST FHLMC DUE 9/25/21 -2980.6200 .0.000000 2980.62 -3,163.21 -182.59 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132D9093 AMORTIZED PREMIUM ON F H L M C #500096 3.000% 10/01/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -234.80 0.00 0:00 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 09/27/2021 313209093 INTEREST EARNED ON F H L M C #SC0096 3.000% 10/01/40 51 PV ON 394.1000 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 394.10 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 09/27/2021 09/15/2021 09/27/2021 3132WSF97 PAID DOWN PAR VALUE OF F H L M C GD WA1102 1.920% 12/01/289/25/21 PYMT -33:0200 0.000000 33:02. -34.49 -1.47 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3132WSF97 AMORTIZED PREMIUM ON F H L M C GD WA1102 1.920% 12/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -18.10 0.00 0.00 256350023. RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021' 3132WSF97 INTEREST EARNED ON F H L M C GD WA1102 1.920% 12/01/28 $1 PV ON 39.7900 SHARES DUE 9/15/2021 9/25/21 PYMT 0.0000 0.000000 3A79 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 09/27/2021 09/25/2021 09/27/2021 313607253 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -16,044.8500 0.000000 16,044.85 -0.04 0.00 16,044.81 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2.482%. 4/25/22 $1 PV ON 157.9200 SHARES DUE 9/25/2021 $0.00207/PV ON 76,352.32 PV DUE 9/25/21 0.0000 0.000000 157.92 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021. 09/27/2021 3136A7MN9 PAID DOWN PAR VALUE OF F N M A GTO REMIC 2.349% 5/25/22 -14,863.6700 0.000000 14,863.67 -15,088.77 0.00 -225.10 256350023 RCTC 2013 A&B TOLL BDS 20130&8 RSV 09/27/2021 313607M09 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 286.1100 SHARES DUE 9/25/2021 $0.00196/PV ON 146,135.18 PV DUE 9/25/21 0.0000 0.000000 286.111 0.00 0.00 0.00 256350023 RCTC 2013A&B TOLL BDS 2013A&B RSV 09/27/2021 3136A7MN9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.349% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -61.92 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136A7MN9 INTEREST EARNED ON F N M A GTD REMIC 2.349% 5/25/22 $1 PV ON 146135.1800 SHARES DUE 9/25/2021 PENALTY PAYMENT 0.0000 0.000000 10.,17 0:00' 0.00 0.00 438 Page 91 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Accoum Account Transact[ �` ... b' ' :. i'', CUSIP Long Term Net Cash Federal Tax Cost Short Term Gain/Loss Dcscri lion Units Price Amount Amount Gain/Loss Amount Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/27/2021 09/25/2021 09/27/2021 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/27/2021 313648559 PAID DOWN PAR VALUE OF FNMA GTD REMIC 1.500% 9/25/27 INTEREST EARNED ON FNMA GTD REMIC 1.500%. 9/25/27 $1 PV ON 46.1100 SHARES DUE 9/25/2021 S0.00125/PV ON 36,884.12 PV DUE 9/25/21 -1,156.6500 3136A8SX9 0.000000 0.0000 0.000000 3136A8SX9 AMORTIZED PREMIUM ON FNMA GTD REMIC 1.500% 0.0000 0.000000 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3136ABNZ2 9/25/27 CURRENT YEAR AMORTIZATION PAID DOWN PAR VALUE OF FNMA GTD REMIC 2000% -1,692.7600 0.000000 1.,692.76 1,722.30 -29.54 0.00 11/25/42 1,156.65 46.11 0.00 -1,174.34 0.00 -19.28 -17.69 0.00 0.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136ABNZ2 INTEREST EARNED ON F 5 M A GTO REMIC 2000% 0.0000 0.000000 72.67 0.00 0.00 0.00 11/25/42 $1 PV ON 72.6700 SHARES DUE 9/25/2021 $0.00167/PV ON 43.602.32 PV DUE 9/25/21 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2000% 0.0000 0.000000 0.00 -14.64 0.00 0.00 11/25/42 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 09/27/2021 09/25/2021 09/27/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% -76.3900 0.000000 76.39 -75.59 0.00 0.80 3/25/23 256350023 RCTC 2013 A&B TOLL BDS 20134&6 RSV 09/27/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2.533%. 0.0000 0.000000 77.04 0.00 0.00 0.00 3/25/23 $1 PV ON 77.0400 SHARES DUE 9/25/2021 S0.00218/PV ON 35.312.03 PV DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3136ADFF1 PAID DOWN PAR VALUE OF FNMA GTD REMIC 1.500% -3,202.2800 0.000000 3,202.28 -3,156.25 0.00 46.03 4/25/23 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 09/27/2021 256350023 RCTC 2013 408 TOLL BDS 2013408 RSV 09/27/2021 09/25/2021 3136ADFF1 INTEREST EARNED ON F N M A GTD REMIC 1.500% 0.0000 0.000000 37.51 0.00 0.00 0.00 4/25/23 $1 PV ON 37.5100 SHARES DUE 9/25/2021 $0.00125/PV ON 30,007,83 PV DUE 9/25/21 09/27/2021 3136ADZA0 PAID DOWN PAR VALUE OF FNMA GTO REMIC 1.250% 4/25/28 -2,678.3400 0.000000 2678.34 -2705.07 -26.73 0.00 256350023. RCTC 2013 A&B TOLL BDS 20134&B RSV 09/27/2021 3136ADZA0 AMORTIZED PREMIUM ON FNMA GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FNMA GTD REMIC 1.250% 4/25/28 $1 PV ON 98.3800 SHARES DUE 9/25/2021 $0.00104/PV ON 94,446.50 PV DUE 9/25/21 0.0000 0.000000 0.00 -30.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 09/27/2021 313640240 0.0000 0.000000 98.38 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09125/2021. 09/27/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -877.4600 0.000000. 877.46 -892.19 -14.73 0.00 256350023 _ RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1,750% 7/25/28 $1 PV ON 61.3100 SHARES DUE 9/25/2021 $0.00146/PV ON 42039.44 PV DUE 9/25/21 0.0000 0.000000 61.31 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.72 0.00 0.00 256350023 RCTC 2013 408 TOLL BDS 2013408 RSV 09/27/2021 09/25/2021 09/27/2021 3136AHAEO PAID DOWN PAR VALUE OF F N M A GTO REMIC 2.623% 4/25/23 -44.5400 0.000000 44.54 -44.79 0.00 -0.25 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/27/2021 3136AHAEO INTEREST EARNED ON F N M A GTD REMIC 2.623% 4/25/23 S1 PV ON 621900 SHARES DUE 9/25/2021 50.00220/P9 ON 28.33267 PV DUE 9/25/21 0.0000 0.000000 62.19 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136AHAEO AMORTIZED PREMIUM ON F N M A GTD REMIC 2.623% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0:000000 0.00 -8.01 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3136AQZK9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2000% 11/25/31 -1,667.8800. 0.000000. 1,667.88 -1,713.75 -45.87 0.00 256350023 _ RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136AQZK9 INTEREST EARNED ON F 5 M A GTD REMIC 2.000%. 11/25/31 $1 PV ON 109.9400 SHARES DUE 9/25/2021 $0.00167/PV ON 65.963.63 PV DUE 9/25/21 0.0000 0.000000 109.94 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -45.21 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 09/27/2021 09/25/2021 09/27/2021 31374TRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -6,510.7600 0.000000 6,510.76 -6,417.87 0.00 92.89 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 587.3600 SHARES DUE 9/25/2021 $0.00210/P0 ON 279.574.49 PV DUE 9/25/21 0.0000 .0.000000. x.06 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013488 RSV 09/27/2021 09/25/2021 09/27/2021 3137AWQG3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.583% 4/25/22 -3.732.6800 0:000000 3,732.68 -3,744.42 0.00 -11.74 256350023 RCTC 2013 A88 TOLL BDS 20134&6 RSV 09/27/2021 3137AWQG3 INTEREST EARNED ON F H L M C MLTCL MTG 1.583% 4/25/22 $1 PV ON 41.1000 SHARES DUE 9/25/2021 00.00132/PV ON 31,158.69 PV DUE 9/25/21 0.0000 0.000000. '4140 0.00'. 0.00, 080 256350023 RCTC 2013 A&B TOLL BDS 20134&8 RSV 09/27/2021 3137AWQG3 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.583% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.88 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137AXHP1 INTEREST EARNED ON F H L M C MLTCL MT 6.22428% 9/25/22 $1 PV ON 140000.0000 SHARES DUE 9/25/2021 0.0000 0.000000 300.19 0.00: 080' 0.00 256350023 RCTC 2013 4&B TOLL BDS 2013A&8 RSV 09/27/2021 313761 BSO INTEREST EARNED ON F H L M C MLTCL MT 2.51004% 11/25/22 $1 PV ON 753.0100 SHARES DUE 9/25/2021 $0.00209/PV ON 360.000 00 PV DUE 9/25/21 0.0000 0.000000 753.01 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021. 09/27/2021 313781 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -983.7200, 0.000005 983.72 -1,006.08' 0.00. -22.36 256350023 RCTC 2013 480 TOLL BDS 2013488 RSV 09/27/2021 313781 U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 641.2400 SHARES DUE 9/25/2021 50.00210/RV ON 305,105.95 PV DUE 9/25/21 0.0000 0.000000 641.24 0.00 0.00 0.00 439 Page 92 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount Description 256350023 RCTC 2013 A6B TOLL BDS 201315&B RSV 09/27/2021 313781 U75 313781 UG5 AMORTIZED PREMIUM ON F H L M 0 MLTCL MT 3.22404% 1125/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 527.40 1,148.79 -158.88 0.00 -1159.88 0.00 0.00 -11.09 0.00 0.00 256350023 256350023 RCTC 2013 A&B TOLL BDS 20131568 RSV 09/27/2021 09/25/2021 INTEREST EARNED ON F H L M C MLTCL MTG 2.637% 1/25/23 $1 PV ON 527.4000 SHARES DUE 9/25/2021 $0.00220/PV ON 240.000.00 PV DUE 9/25/21 0.0000 0.000000 RCTC 2013 668 TOLL BDS 2013A&B RSV 09/27/2021 09/27/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MTG 2.778% 9/25/22 -1148.7900 0.000000 0.00 256350023 RCTC 2013 A6B TOLL BDS 2013668 RSV 09/27/2021 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 35.1500 SHARES DUE 9/25/2021 $0.00232/PV ON 15,185.60 PV DUE 9/25/21 0.0000 0.000000 35.15 0.00 0.00 0.00 256350023:'. RCTC 2013 A&B TOLL BDS 201315&B RSV 09/27/2021 313783NW4 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 2.778% 9/25/22 CURRENT YEAR AMORTIZATION 0.0000: 0:000000 0.00 -12.45 0.00: 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 3137/31471 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 175000.0000 SHARES DUE 9/25/2021 0.0000 0.000000 403.95 0.00 0.00 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137BLAC2 INTEREST EARNED ON F H L M C MLTCL MT 3.28404% 6/25/25 $1 PV ON 101.2600 SHARES DUE 9/25/2021 50.00274/PV ON 37,000.00 PV DUE 9/25/21 18000 0,000000 101.26 0.00 :0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -3,897.2300 0.000000 3,897.23 -4,065.98 -168.75 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013A&B RSV 09127/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 440.4000 SHARES DUE 9/25/2021 00.00234/PV ON 188.609.62 PV DUE 9/25/21 0.0000 0.000000 440,40 0.00 0.00 0-00 256350023 RCTC 2013 A&B TOLL BDS 20136&8 RSV 09/27/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -207.86 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3137BVZ74 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.045% 8/25/26 -1,740.0300 0.000000 1,740.03 -1,839.58 0.00. -99.55 256350023. RCTC 2013 A&B TOLL BDS 20136&B RSV 09/27/2021 31378V174 INTEREST EARNED ON F H L M C MLTCL MTG 3.045% 8/25/26 $1 PV ON 638.5500 SHARES DUE 9/25/2021 $0.00254/PV ON 251,646.24 PV DUE 9/25/21 0.0000 0.000000 638.55 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 201315&8 RSV 09/27/2021 3137BVZ74 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.045% 8/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -247.69 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 09/27/2021 09/25/2021 09/27/2021 3137BYPQ7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 0.44256% 4/25/24 -229.9500 0.000000 229.95 -242.14 -12.19 0.00 256350023. RCTC 2013 A&B TOLL BDS 2013668 RSV 09/27/2021 3137BYPQ7 INTEREST EARNED ON F H L M C MLTCL MT 0.44256% 4/25/24 $1 PV ON 526.4100 SHARES DUE 9/25/2021 $0.00242/PV ON 217,451 94 PV DUE 9/25/21 0.0000 0.000000 526.41 0.00 0.00 0.00 256350023 ROTC 2013 A&8 TOLL BDS 2013088 RSV 09/27/2021 3137BYPQ7 AMORTIZED PREMIUM ON F H L M C MLTCL MT 0.44256% 4/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -367.67 0.00 0.00 256350023 RCTC 2013 660 TOLL BDS 2013A&B RSV 09/27/2021 3137F4CV6 INTEREST EARNED ON F H L M C MLTCL MT 0.52896% 9/25/24 $1 PV ON 97,3300 SHARES DUE 9/25/2021 $0.00243/PV ON 40.000.00 PV DUE 9/25/21 0.0000 0.000000 97.33 0.00. 0;000,. 0(80 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137F4D41 INTEREST EARNED ON F H L M C MLTCL MT 0.24996% 1/25/28 $1 PV ON 105.0000 SHARES DUE 9/25/2021 00 00300/PV ON 35,000.00 PV DUE 9/25/21 0.0000 0.000000 105.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20136&B RSV 09/27/2021 3'1 AB -2 INTEREST EARNED ON F H L M C MLTCL MT 2.77704% 8/25/27 $1 PV ON 303.8000 SHARES DUE. 9/25/2021 $0.00253/PV ON 120.000.00 PV DUE 9/25/21 0.0000 A000000 303.80 0.00 0.00. 0.00 256350023 RCTC 2013 668 TOLL BDS 2013A&B RSV 09/27/2021 3137FBAJ5 INTEREST EARNED ON F H L M C MLTCL MT 3.52704% 8/25/27 $1 PV ON 546.8400 SHARES DUE 9/25/2021 $0.00273/PV ON 200.000.00 PV DUE 9/25/21 0.0000 0.000000 546.84 0.00 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3137FMo66 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MT 2.283% 5/25/26 -3,916.8600 0.000000 3,916.86 -4,082.08 0.00 -165.22 256350023 RCTC 2013 668 TOLL BDS 2013666 RSV 09/27/2021 3137FMD66 INTEREST EARNED ON F H L M C MLTCL MT 2.283% 5/25/26 $1 PV ON 392.6600 SHARES DUE 9/25/2021 $0.00560/PV ON 70,138.06 PV DUE 9/25/21 0.0000 0.000000 392.66 0.00 0.00 0.00 256350023 RCTC 2013 6&8 TOLL BDS 2013A&B RSV 09/27/2021 31375M566 AMORTIZED PREMIUM ON 5 H L M C MLTCL MT 2283% 5/25/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -53.63: 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013688 RSV 09/27/2021 09/25/2021 09/27/2021 3137FNAD2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.87496% 11/25/28 -166.9200 0.000000 166.92 -169.50 0.00 -2.58 256350023 RCTC 2013 A&8 TOLL BDS 2013A&B RSV 09/27/2021 3137FNAD2 INTEREST EARNED ON F H L M C MLTCL MT 2.87496% 11/25/28 $1 PV ON 286.2200 SHARES DUE 9/25/2021 $0.00219/PV ON 130,546.61 PV DUE 9/25/21 0.0000 0.000000 28622 000 000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137FNAD2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.87496% 11/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -23.78 0.00 0.00 256350023, RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3137FPJF3 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.258% 6/25/29 -379.3300 0.000000 379.33 -380.74 0.00 -1.41 256350023 RCTC 2013 668 TOLL BDS 20136&B RSV 09/27/2021 3137FPJF3 INTEREST EARNED ON F H L M C MLTCL MT 2.258% 6/25/29 $1 PV ON 335.8100 SHARES DUE 9/25/2021 $0.00188/PV ON 178,459.39 PV DUE 9/25/21 0.0000 0.000000 335.81 0.00 0.00 0.00 256350023 RCTC 2013 6&e TOLL 850 2013A&B RSV 09/27/2021 3137FPJF3 AMORTIZED PREMIUM ON 5 H L M 0 MLTCL MT 2258% 6/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.26 0.00 0.00 256350023 RCTC 2013 668 TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3137FQ3Y7 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.51196% 7/25/29 -369.9800 0.000000 369.98 -370.09 0.00 -0.11 440 Page 93 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Description 256350023 RCTC 2013 A&B TOLL BDS 2013008 RSV 09/27/2021 3137F03157 INTEREST EARNED ON F H L M C MLTCL MT 2.51196% 7/25/29 $1 PV ON 327.0100 SHARES DUE 9/25/2021 $0.00183/PV ON 179.182-52 PV DUE 9/25/21 0.0000 0.000000 327.01 0.00 0.00 0.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 09/27/2021 09/25/2021 3137F03157 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.51196% 7/25/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.56 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137FWHY9 PAID DOWN PAR VALUE OF F H L M 0 MLTCL 0.82638%. 9/25/30 -976.9100. 0.000000 976.91 -972.03 4.88 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3137FWHY9 INTEREST EARNED ON F H L M C MLTCL 0.82638% 9/25/30 $1 PV ON 130.5400 SHARES DUE 9/25/2021 $0.00069/PV ON 189.561 07 PV DUE 9/25/21 0.0000 0.000000 130.54 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 09/25/2021 09/27/2021 3137FYUR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.24996% 8/26/24 9,681.03001 0:000000 9,681.03 9,683:70 -2.67 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 3137FYUR5 INTEREST EARNED ON F H L M C MLTCL 0.24996% 8/26/24 $1 PV ON 52.6000 SHARES DUE 9/25/2021 $0.00021 /PV ON 248.446.89 PV DUE 9/25/21 0.0000 0.000000 52.60 0.00 0.00 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 31379150155 AMORTIZED PREMIUM ON F H L M C MLTCL 0.24996% 8/26/24 CURRENT YEAR AMORTIZATION 0.0000 0x080000:. 0.00 -1.99. 0.00, 0.00 256350023 ROTC 2013 A&B TOLL BDS 2013008 RSV 09/27/2021 09/25/2021 09/27/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A 4AL2239 2.890% 7/01/22 P & I DUE 09/25/21 -66,890.7300 0.000000 66,890.73 -67,503.86 0.00 -613.13 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 113211.5600 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0-0000 000000o 26430 0:00 8.00: 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -102.45 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 288.9500 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0000000 288.95 0:00 000 0:00 256350023 RCTC 2013 065 TOLL BDS 20130&B RSV 09/27/2021 09/25/2021 09/27/2021 3138EKXL4 PAID DOWN PAR VALUE OF F N M A #AL3382 2.336% 3/01/23 P & I DUE 09/25/21 -14,293.8000 0.000000 14,293.80 -14,289.76 0.00 4.04 256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 0.0000 .0:000000 0.00 3.15 0.00 000 256350023 RCTC 2013 AO TOLL BDS 20130&8 RSV 09/27/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 0.0000 0.000000 0.00 1.66 0.00 0.00 256350023/ RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138EKXL4 ACCREDITED DISCOUNT ON F N M A #AL3382 2.336% 3/01/23 MARKET DISCOUNT 0.0000 0.000000 0.00 1.75 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 3138EKXL4 INTEREST EARNED ON F N M A #AL3382 2.336%. 3/01/23 $1 PV ON 349.8300 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 349.83 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 20130&B RSV 09/27/2021 3138EKXL4 INTEREST EARNED ON. F N M A #AL3382 2.336% 3/01/23 $1 PV ON 174733.3300 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0.0000 0000000 246.71 0:00 0.00: 0:00 256350023. RCTC 2013 A&B TOLL BDS 2013408 RSV 09/27/2021 09/25/2021 09/27/2021 3138ENQD4 PAID DOWN PAR VALUE OF F N M A #AL5851 3.500% 10/01/29 AUGUST FNMA DUE 9/25/21 -618.9400 0.000000 618.94 -658.76 -39.82 0.00 256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138ENQD4 AMORTIZED PREMIUM ON F N M A #AL5851 3.500% 10/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0270 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013408 RSV 09/27/2021 3138E94054 INTEREST EARNED ON F N M A #AL5851 3.500%10/01/29 $1 PV ON 71.3800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 71.38 0.00 0.00 0.00 256350023. RCTC 2013 068 TOLL BDS 20130&0 RSV 09/27/2021 09/25/2021 09/27/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 AUGUST FNMA DUE 9/25/21 -1,790.5500 0.000000 1,790-55 -1,904.86 -114.31 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -84.38. 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013080 RSV 09/27/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500%11/01/30 $1 PV ON 155.5600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 00000 0.000000 15556 0.00 0.00'. 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013008 RSV 09/27/2021 09/25/2021 09/27/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 AUGUST FNMA DUE 9/25/21 -1,992.5800 0.000000 1,992.58 -2,135.25 -14267 0.00 .256350023 RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A 4AL8561 3500% 6/01/31 CURRENT YEAR AMORTIZATION 00000 0.000000 0.00 -128.04 1000 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 219.9100 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 219.91 0.00 0.00 0.00 256350023. RCTC 2013 MB TOLL BDS 20130&0 RSV 09/27/2021 09/25/2021 09/27/2021 3138LFGP7 PAID DOWN PAR VALUE OF F N M A #AN2905 2.550% 10/01/28 AUGUST FNMA DUE 9/25/21 -382.9800 0.000000 382.98 393.57 0.00. -10.59 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 3138LFGP7 AMORTIZED PREMIUM ON F N M A #AN2905 2.550% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -85.65 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013080 RSV 09/27/2021 3138LFGP7 INTEREST EARNED ON F N M A #AN2905 2.550% 10/01/28 $1 PV ON 595.2100 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 00000 0.000000 59521 0:00 0.00'. 0:00 256350023 RCTC 2013 A08 TOLL BDS 2013008 RSV 09/27/2021 09/25/2021 09/27/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #AS4860 2.500% 5/01/30 AUGUST FNMA DUE 9/25/21 -2,676.4900 0.000000 2,676.49 -2,793.67 -117.18 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #A54860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.0000001 0.00 -81.23' 0.00 0.00 256350023 RCTC 2013 AO TOLL BDS 20130&B RSV 09/27/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2.500% 5/01/30 $1 PV ON 172.8400 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/1 n 0.0000 0.000000 172.84 0.00 0.00 0.00 Page 94 of 135 Source RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Long Term Net Cash Federal Tax Cost Short Term Gain/Loss t : ,tion Units Price Amount Amount Gain/Loss Amount Amount 256350023 RCTC 2013 AM TOLL BDS 20134&8 RSV 256350023 RCTC 2013 A&B TOLL SOS 2013468 RSV 256350023 ROTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/27/2021 09/27/2021 09/25/2021 09/27/2021 3140J6FU6 3140J6FU6 3140J6FU6 PAID DOWN PAR VALUE OF FNMA #0M1978 3.000% 10/01/32 AUGUST FNMA DUE 9/25/21 AMORTIZED PREMIUM ON F N M A #6M1978 3.000% 10/01/32 CURRENT YEAR AMORTIZATION INTEREST EARNED ON FNMA #BM1978 3.000% 10/01/32 $1 PV ON 197.8200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 -1,540.2000 0.0000 D.000000 0.000000 0.0000 0.000000 1.540.20 0.00 197.82 -1.626.16 -85.26 0.00 -85.96 0.00 0.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #8M3956 3.000% -1,013.5300 0.000000 1,013.53 -1,074.02 -60.49 0.00 12/01/32 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 0.0000 0.000000 0.00 -64.75 0.00 0.00 12/01/32 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 09/27/2021 3140J8ME0 INTEREST EARNED ON F N M A #8M3956 3.000% 0.0000 0.000000 141.40 0.00 0.00 0.00 12/01/32 $1 PV ON 141.4000 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013458 RSV 09/27/2021 09/25/2021 09/27/2021 3140JAU97 PAID DOWN PAR VALUE OF F N M A #8M6007 2.596% -41.8800 0.000000 41,88 -43.47 0.00 -1.59 6/01/49 P &I DUE 09/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3140JAU97 AMORTIZED PREMIUM ON F N M A #6M6007 2.596% 0.0000 0.000000 0.00 -4.55 0.00 0.00 6/01/49 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3140JAU97 INTEREST EARNED ON F N M A #BM6007 2.596% 6/01/49 0.0000 0.000000 89.24 0.00 0.00 0.00 $1 PV ON 89.2400 SHARES DUE 9/25/2021 P & I DUE 09/25/21 256350023 RCTC 2013 A50 TOLL BDS 20134&B RSV 09/27/2021 09/25/2021 09/27/2021 3140X4H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% -3,838.8800 0.000000 3,838.88 -4,025.44 -186.56 0.00 6/01/32 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 314004H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500%. 0.0000. 0,000000 0.00 -117.17 0.00 0.00 6/01/32 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 314004H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 0.0000 0.000000 268.97 0.00 0.00 0.00 $1 PV ON 268.9700 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013A&B TOLL BDS 2013458 RSV 09/27/2021 09/25/2021 09/27/2021 3140X7LS6. 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3140X7LS6 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 314007L06 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% -4,755.4400 0.000000 4,755.44 -4,979.11 -223.67 0.00 8/01/35 AUGUST FNMA DUE 9/25/21 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 0.0000 0.000000 0.00 -85.80 0.00 0.00 8/01/35 CURRENT YEAR AMORTIZATION INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 0.0000 0.000000 250.09 0.00 0.00 0.00 $1 PV ON 250.0900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A50 TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% -5,697.4800 0.000000 5,697.48 -6,064.49 -367.01 0.00 2/01/35 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 0.0000 0.000000 0:00, -191.52 0.00 0.00 2/01/35 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/27/2021 314009V58 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 0.0000 0.000000 441.18 0.00 0.00 0.00 $1 PV ON 441.1800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013. A&B TOLL BDS 201348,13 RSV 09/27/2021 09/25/2021 09/27/2021 31417YKF3. PAID DOWN PAR VALUE OF F N M A #MA0293 4.500% -2,436.4000 0.000000 2,436.40 -1,272.59 0.00 1,163.81 1/01/30 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 31417YKF3 AMORTIZED PREMIUM ON 2 0 M A #MA0293 4.500% 0.0000 0.000000 0.00 -20.16 0.00 0.00 1/01/30 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 31417YKF3 INTEREST EARNED ON F N M A #MA0293 4.500% 1/01/30 0.0000 0.000000 276.52. 0.00 0.00 0.00 51 PV ON 276.5200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 09/27/2021 09/25/2021 09/27/2021 31418CDH4 256350023 RCTC 2013 A58 TOLL BDS 20134&B RSV PAID DOWN PAR VALUE OF FNMA #MA2803 2.500% -6,896.0100 0.000000 6,896.01 -7,217.64 -321.63 0.00 11/01/31 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 31418COH4 AMORTIZED PREMIUM ON FNMA #MA2803 2.500% 0.0000 0,000000 0.00 -174.80 0.00 0.00 11/01/31 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A50 TOLL BDS 20134&B RSV 09/27/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500% 0.0000 0.000000 399.23 0.00 0.00 0.00 11/01/31 $1 PV ON 399.2300 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013. A&B TOLL BDS 2013A&B RSV 09/27/2021 09/25/2021 09/27/2021 31418D047 PAID DOWN PAR VALUE OF FNMA #MA4074 2.000% -6,117.6900 0.000000 6,117,69 -6,313.46 -195.77 0,00 6/01/35 AUGUST FNMA DUE 9/25/21 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/27/2021 31418D547 AMORTIZED PREMIUM ON FNMA #MA4074 2.000% 0.0000 0.000000 0.00 -88.13 0.00 0.00 6/01/35 CURRENT YEAR AMORTIZATION 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 314185Q47 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 0.0000 0.000000 303.09 0.00 0.00 0.00 $1 PV ON 303.0900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 09/27/2021 09/25/2021 09/27/2021 31418DVU3 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 256350023 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/27/2021 256350023 RCTC 2013 A50 TOLL BDS 2013A&B RSV 31418DVU3 31418DVU3 09/27/2021 09/25/2021 09/27/2021 3141800HO 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/27/2021 314185X45 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000% -4,229.3600 0.000000 4,229.36 -4,392.23 -162.87 0.00 12/01/30 AUGUST FNMA DUE 9/25/21 AMORTIZED PREMIUM ON F N M A #MA4226 2.000% 0.0000 0.000000 0.00. -124.58 0.00 0,00 12/01/30 CURRENT YEAR AMORTIZATION INTEREST EARNED ON F N M A #MA4226 2.000% 0.0000 0.000000 256.88 0.00 0.00 0.00 12/01/30 $1 PV ON 256.8800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% -3,712.9100 0.000000 3,712.91 -3,837.74 -124.83 0.00 3/01/36 AUGUST FNMA DUE 9/25/21 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 0.0000 0.000000 0.00 -80.49 0.00 0.00 3/01/36 CURRENT YEAR AMORTIZATION 442 Page 95 of 135 RIVERSIDE RCTC COUNTY TRANSPORTATION COMMISSION 91 CIP STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Short Term Amount Gain/Loss Amount Long Term Gain/Loss Amount 256350023 RCTC 2013 A&B TOLL BDS 2013A &B RSV 09/27/2021 31418DRH0 INTEREST EARNED ON F N M A #M44279 2.000% 3/01/36 $1 PV ON 274.6800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 274.68 0.00 0.00 0.00 256350023 RCTC 2013 A&8 TOLL BDS 20134&B RSV 09/27/2021 09/27/2021 09/25/2021 09/27/2021 31418DYF3 PAID DOWN PAR VALUE OF F N M A #MA4309 2.000% 3/01/31 AUGUST FNMA DUE 9/25/21 -3,583.4000 0.000000 3,583.40 -3,704.11 -120.71 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 31418DYF3 AMORTIZED PREMIUM ON F N M A #MA4309 2.000% 3/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 '.000. -169.82 0.00: 0.00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 09/27/2021 31418DYF3 INTEREST EARNED ON F N M A #MA4309 2.000% 3/01/31 $1 PV ON 412.7900 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 412.79. 0.00 0.00 0.00 256350023:'. RCTC 2013 A&B TOLL BDS 201345B RSV 09/28/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INOOI\4E EARNINGS a0000 8000080 -2428.13. 0.00 000'. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&8 RSV 09/28/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2,428.13 0.00 0.00 0.00 256350023 RCTC 2013. A&B TOLL 000 20134&B RSV 09/28/2021 3134GWTLO INTEREST EARNED ON F H L M C M T N 0.300% 9/28/23 $1 PV ON 290000.0000 SHARES DUE 9/28/2021 0.0000 "0.000000 435:00 0.00: 0:00 0:00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 09/28/2021 09/28/2021 09/28/2021 3134GWTL0 FULL CALL PAR VALUE OF F H L M C M T N 0.300% 9/28/23 /CALLS/ -290,000.0000 1.000000 290,000.00 -289,956.50 0.00 43.50 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/28/2021 09/25/2021 09/28/2021 3137AUPE3 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MT 2.396% 6/25/22 -355.7400 894236303 355:74. -345.19:. 800 10.55 256350023 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 09/28/2021 3137AUPE3 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.396% 6/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.63 0.00 0.00 RCTC 2013 A&B TOLL BDS 20134&B RSV 09/28/2021 3137AUPE3 INTEREST EARNED ON F H L M 0 MLTCL MT 2.396% 6/25/22 $1 PV ON 294.4300 SHARES DUE 9/25/2021 $0.00200/PV ON 147.460.32 PV DUE 9/25/21 0.0000: 0,000000 294.43 000'. 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/28/2021 9128285W6 FED BASIS OF U S TREASURY I P 0.84873% 1/15/29 ADJUSTED BY 323.75 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI 0.0000 0.000000 0.00 323.75 0.00 0.00 .256350023. RCTC. 2013 A&B TOLL BDS 2013488 RSV 09/29/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -294.43 0.00 0.00. 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013468 RSV 09/29/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 294.43 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/30/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0000000 -2,125,00 0,00 0.00 0:00 256350023 RCTC 2013 468 TOLL BDS 2013A&B RSV 09/30/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2125.00 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/30/2021 912828ZF0 INTEREST EARNED ON U S TREASURY NT 0.500% 3/31/25 $1 PV ON 365000.0000 SHARES DUE 9/30/2021 0.0000, 0,000000 912.50 0.00 0.00 0.00 256350023 RCTC 2013 A&B TOLL BDS 2013A&B RSV 09/30/2021 91282CAM3 INTEREST EARNED ON U S TREASURY NT 0.250% 9/30/25 $1 PV ON 970000.0000 SHARES DUE 9/30/2021 0.0000 0.000000 1,212.50 7,576,928.75 0.00 0.00 0.00 (7,182,286.31)_144,1892m___19 4 443 Page 96 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 2017 Financing STAMP Portfolio by Investment Category for quarter ended September 30, 2021 III AMMER 240907004 RCTC 201] TIFIA PRJ SALESTAX REV_ 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 02605J007 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 235041NA09 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 31646V203 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 53154LY83 240907004 RCTC 201] TIFI0 PRJ SALESTAX REV 64587.4X41 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 882765JM3 240907004 R0T02017 TIFIA PRJ SALESTAX REV 92780JXU0 24090]020 RCTC 2017 TIFIA RAMP UP FD 318460203 240907004 RCTC 2017 TIFI0 PRJ SALESTAX REV 025814C09 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 060512FZ7 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 06367CLT2 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 12597PA. 24090]004 RCTC 201] TIFIA PRJ SALESTAX REV 12597/7002 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 125980086 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 14040813W 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 14042WAC4 240907004 RCTC 2017TIFIA PRJ SALESTAX REV 14315XACZ 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 143169065 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 1468700M0 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 1468780E3 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 1491362E6 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 15189WAM2 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 1729671.02 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 21684(059 240907004 RCTC 2D17TIFIq PRJ SALESTAX REV 2253502/79 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 233854402 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 2442250M8 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 2620900E1 240907004 RCTC 2017TIFIA PRJ SALESTAX REV 345280205 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 362569440 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 96258M011 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 36 2 5 9170 0 2 240907004 RCTC 2017TIFIA PXJ SALESTAX REV 380131403 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 381416697 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 466250703 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 46647PCA2 240907004 RCTC 2017TIFIA PRJ SALESTAX REV 51501941(5 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 5876,9E002 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 6071ORLW3 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 65339KBV, 240907004 RCTC 2017TIFIA PRJ SALESTAX REV 654740404 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 65474VAS0 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 65602YJC5 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 69353RFU7 240907004 RCTC 2017 TIFIq PRJ SALESTAX REV 79466(.469 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 842400800 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 865650660 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 927804,8 24090]004 RCTC 201] TIFIA PRJ SALESTAX REV 98161TAF2 240907004 RCTC 2017 TIFIAPRJ SALES TAX REV 981628004 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 225500487 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 240907004 RCTC 2017 TIFIAPRJ SALES TAX REV 130130001 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 19647.29 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 560520.832 240907004 RCTC 2017TIFA PRJ SALESTAX REV 5]4190710 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 60956PWG3 240907004 RCTC 2017 TIFIA PRJ SALESTAX REV 658886026 24090]004 RCTC 2017 TIFIA PRJ SALES TAX REV 97689PZK3 24 09 07 004 RCTC 2017TIFIA PXJ SALESTAX REV 3134GXJF2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 0127636016 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 313767V01 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 31378C2N7 24 09 07 004 RCTC 2017 TIFIA PRJ SALESTAX REV 313710003 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 313720073 240907004 RCTC 201] TIFIA PRJ SALESTAX REV 314168TW8 24090]004 RCTC 201] TIFIA PRJ SALES TAX REV 912828086 240907004 RCTC 2017TIFIA PRJ SALESTAX REV 912828743 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 912828205 240907020 RCTC 2017 TIFIA RAMP UP FD 3128MMT52 24090]020 RCTC 2017 TIFIA RAMP UP FD 3128880(5 24090]020 RCTC 201] TIFIA RAMP UP FD 31307NP40 24090]020 RCTC 201] TIFIA RAMP UP FD 3132080(7 240907020 RCTC 201] TIFIA RAMP UP FD 3132AEF68 24090]020 RCTC 201] TIFIA RAMP UP FD 3132AEFC5 240907020 RCTC 2017 TIFIA RAMP UP FD 313305223 24090]020 RCTC 201] TIFIA RAMP UP FD 3134GW6E1 240907020 RCTC 2017 TIFIA RAMP UP FD 81340WY42 24090]020 RCTC 201] TIFIA RAMP UP FD 313607203 240907020 RCTC 2017 TIFIA RAMP UP 10 313637025 24090]020 RCTC 201] TIFIA RAMP UP FD 3136085X9 240907020 RCTC 201] TIFIA RAMP UP FD 3136A96F0 24090]020 RCTC 201] TIFIA RAMP UP FD 3136030102 240907020 RCTC 2017 TIFIA RAMP UP FD 3136497J4 24090]020 RCTC 201] TIFIA RAMP UP FD 313600200 240907020 RCTC 2017 TIFIA RAMP UP FD 31369E934 24090]020 RCTC 2017 TIFIA RAMP UP FD 3136AMM48 240907020 RCTC 2017 TIFIA RAMP UP. 10 313600269 24090]020 RCTC 2017 TIFIA RAMP UP FD 313.4606 240907020 RCTC 2017 TIFIA RAMP UP FD 3137AJNIFB zla ATTACHMENT 5 CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS FOREIGN OBLIGATIONS 45818WCP9 FOREIGN OBLIGATIONS 459058707 FOREIGN OBLIGATIONS CASH CASH CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CATERPILLAR FIN( SVCS CORPORATE OBLIGATIONS CENTERPOINT ENERGY RES CORP CORPORATE OBLIGATIONS 901949UP INC CORPORATE OBLIGATIONS COOPERATIEVE CENTRALS CORPORATE OBLIGATIONS CREDIT AGRICOLE GIB NY CORPORATE OBLIGATIONS DAIMLER TRUCKS RETAIL TRUST CORPORATE OBLIGATIONS JOHN DEERECAPITAL CORP CORPORATE OBLIGATIONS DRIVE AUTO RECEIVABLES TRUST CORPORATE OBLIGATIONS FORD CREDIT AUTO LEASETRUST CORPORATE OBLIGATIONS GM FIN AUTO LEASE CORPORATE OBLIGATIONS GM FIN CONS ATMB 0E0 TR 2019 CORPORATE OBL IGATIONS GM FIN AUTO LEASE TR CORPORATE OBLIGATIONS GM FINANCIAL BECURRIZED TERM CORPORATE OBLIGATIONS GOLDMAN SACHS GROUP INC CORPORATE OBL IGATIONS JPMORGAN CHASE CO CORPORATE OBL IGATIONS JPMORGAN CHASE CO CORPORATE OBLIGATIONS LANDESBANKBADEN WURTTEMBERG CORPORATE OBLIGATIONS MERCEDES BENZ AUTO LEASE CORPORATE OBLIGATIONS N1126H0 BK LTD NEW YORK 8RH NEXTERA ENERGY CAP NISSAN MASTER OWNERTRUST NISSAN MASTER OWNER TRUST NORINCHUKIN BK NEW YORK SRN PNC BANK NA SALESFORCE COM INC SOUTHERN CA EDISON CO 1M GLBL 2021C SUMROMO MITSUI BKG CORP N VIRGINIA ELEC POWER CO WORLD OMNI AUTO TR WORLD OMNI AUTOMOBILE LEASE CREDIT SUISSE AG NEW YORK INTER AMERICAN DEVEL BK INTERNATIONAL BANK Prin0981Cash Income Cash AMERICAN HONDA FIN CORP DISC C P DALLAS FT WORTH ARPT TX C P FIRST AMERICAN GOVERNMENT LIBERTY UTILS CO DISC COML C P NEW JERSEY NAT GAS CO DISC C P TEXAS ST PUB FIN AUTH C P VIRGINIA ELEC PWR CO DISC G P FIRST AMERICAN GOVERNMENT AMERICAN EXPRESS CO BANK OF AMERICA BANK MONTREAL CHICAGO BRH 00191 EQUIPMENT TRUST CNH EQUIPMENT TRUST CNH EQUIPMENT TRUST CAPITAL ONE FINANCIAL LO CAPITAL ONE PRIME AUTO CARMA% AUTO OWN. TRUST CARMAX AUTO OWNER TR 9440099 AUTO REC TR CARVANA AUTO RECB TR 10/13/2021 0.150 11/22/2021 TAXABLE OBL1G FD CL V 11/08/2021 10/04/2021 0.150 11/04/2021 TAXABLE 10/28/2021 OBLIG FO CL Y 2.750 05/20/2022 MEDIUM TERM NOTE CD A BSSER 20200 CL A2 AB 095820200C103 A BS SER 2021 A CL 02 03/09/2022 VAR ABSSER20191 CLA3 ABS SER20201 CL A3 A BS SER 20211 CC., A BSSER 2020 PI CL A2 A BS SER 2021 PI CL A2 MEDIUM TERM NOTE 0.700 03/02/2023 2300 10/27/2022 CD CD A BS SER 20201 CL 03 MEDIUM TERM NOTE ABSSER20194CL8 ABSSER2019 B CLA3 A BS SER 20203 CL A2A 26950020134 CL8 A B S SER 20202 CL 02A CMOSER20184 CL A3 5.750 01/24/2022 4.500 01/24/2022 03/16/2024 VAR CD AB SSER 2020 BCLA3 C0 03/01/2023 VAR A BSSER2019 ACLA CMOSER2019BCLA CD MEDIUM TERM NOTE 0.625 07/15/2024 24 C0 3.450 09/01/2022 A BSSER2017BCLB A BS SER 2020 A CL 03 02/02/2024 VAR MEDIUM TERM NOTE 01/13/2023 VAR REV ANTIC NT PROG TAXABLE PARTN' VARIABLE REF MF PROJ CLASS I SER A B. 2017 G CMNTY DEV REV BDS 20128 TAXABLE GOVERNMENTAL LN 2020 N. REVENUE H. FIN PROG SEP B HOMEOWNERSHIP REV REVBDS 2006 0.200 12/30/2022 C M0 SER K029 CL Al C M09E44037 CL 01 C M O SER KX0I CL C M0 SER KI05 CL A C MATER 2015002 CL M3 00014905235 1.500 01/31/2022 1.750 02/28/2022 0.500 03/15/2023 POOL 4618531 POOL 0618586 POOL *132243 POOL 0,37403 /0014291089 POOL 0,21963 STRIPPED TR 370 CL 100 0.320 11/02/2023 0.300 10/13/2023 C MASER 2012 M9 CL 02 C M OSER 201283 CLPC C MOSER20121020LBJ 00090420121017 CL 02 C MASER 2012148 CLMC CMOSER2013 M6CL2A C M OSER 20132] CL KA C MOSER 201370 CLOG C MASER 201584CLAV2 C M OSER 201589 CLKE 0.300 10/23/2023 CMOSERK016CLA2 44 10/13/2021 11/22/2021 11/013/2021 10/04/2021 11/04/2021 10/28/2021 .05/20/2022 10/21/2022 09/27/2022 07/17/2023 06/16/2025 03/15/2024 03/09/2022 11/15/2023 12/16/2024 02/15/2024 11/08/2023 03/10/2024 01/06/2022 03/02/2023 10/27/2022 06/15/2022 10/122021 09/15/2023 01/17/2023 01/16/2024 10/1.5/2022 11/21/2022 02/18/2025 10/20/2022 10/16/2023 01/24/2022 01/24/2022 03/16/2024 10/25/2021 11/15/2023 10/13/2021 03/01/2023 .02/15/2024 11/15/2023 11/22/2021 02/24/2023 07/15/2024 04/01/2024 03/15/2022 09/01/2022 05/15/2024 01/15/2023 02/02/2024 09/16/2022 01/13/2023 12/30/2021 04/01/2046 11/15/2050 09/01/2033 11/09/2021 07/01/2038 09/01/2037 12/30/2022 10/25/2022 04/25/2023 02/25/2023 07/25/2024 05/25/2025 01/01/2024 01/31/2022 02/28/2022 03/15/2023 10/01/2030 02/01/2031 07/01/2030 05/01/2031 01/01/2033 11/01/2030 09/25/2033 11/02/2023 10/13/2023 04/25/2022 07/25/2041 09/25/2027 11/25/2022 11/25/2042 03/25/2023 04/25/2028 07/25/2028 07/25/2022 11/25/2031 10/2]/2023 10/25/2021 MUNICIPAL OBLIGATIONS CALIFORNIA CAM, COLLEGE DISTSTAX MUNICIPAL OBLIGATIONS COLORADO ST H. FIN AUTH TXBL MUNICIPAL OBLIGATIONS MAINE ST HSG AUTH MTG PUR RUG PUR MUNICIPAL OBLIGATIONS MARYLAND ST CMNN DEV ADMINDEPT HSG_ MUNICIPAL OBLIGATIONS MONMOUTH CNTY NJIMPT AUTH REV MUNICIPAL OBLIGATIONS NORTH DAKOTA ST 090 FIN ACV MTGE MUNICIPAL OBLIGATIONS WISCONSIN ST H. ECONOMIC DEV AUTH US TREAS& AGENCY OBLIGATIONS FHLMC MTN US TREAS& AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTN US TREAS & AGENCY OBLIGATIONS FHL MC MULTICLASS MTG PARTN US TREAS&AGENCY OBLIGATIONS FHL MC MUI.TICL ASS MTG PARTN US TREAS & AGENCY OBLIGATIONS F H L M 0 MULTICLASS MTG PARTN US TREAS & AGENCY OBLIGATIONS FHLMC MULTICLASS MTG PARTN U S TREAS & AGENCY OBLIGATIONS FNMA PARTN CERT US TREAS&AGENCY OBLIGATIONS US TREASURY NOTE US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS FHLMC GOLD PARTN CERT US TREAS& AGENCY OBLIGATIONS F H LM C PARTN CERT MIRROR US TREAS & AGENCY OBLIGATIONS F H L M C PARTN CERT US TREAS B AGENCY OBLIGATIONS FHL MC PARTN CERT LIMBS U S TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS US TREAS B AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS U STREASURY NOTE U S TREASURY NOTE FH L M C GOLD PARTN CERT F H L MC GOLD PARTN CERT FHLMCGTUREMICPASSTHRU FHLMC MTN FHLMC MTN FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMA GTDREM I CPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMAGTDREMICPASSTHRU FNMA F H L M C MULTICLASS INTO PARTN 07/19/2021 08/25/2021 600,000.00 150,000.00 4612,850.48 09/09/2021 300000.00 09/23/2021 525,000.00 08/18/2021 155000.00 08/04/2021 700,000.00 313,062.87 05/20/2019 423,000.00 10/21/2016 920,000.00 09/27/2021 225,000.00 05/27/2020 19,292.08 05/27/2020 100,000.00 03/15/2021 228,137.36 03/09/2017 450,000.00 05/30/2019 93,956.29 01/22/2020 80,000.00 01/27/2021 116.980.83 12/10/2020 280,413.93 03/18/2021 292 548.79 07/08/2020 500,000.00 03/02/2021 485,000.00 10/27/2017 750,000.00 09/15/2021 3]5000.00 05171/2021 700,000.00 03/18/2020 147,268 46 03/04/2021 625,000.00 09/18/2019 36,38].39 07/30/2019 118,28283 09/29/2020 189,04712 10/16/2019 300,000.00 06/17/2020 67,603.68 10/10/2018 91,56674 01/24/2012 900,000.00 01/23/2012 1 000,000 00 03/16/2021 340000.00 02/01/2021 1,000,000 00 09/23/2020 340,000.00 05/13/2021 700,00000 03/17/2021 226000.00 03/13/2019 620,000.00 11/25/2019 175000.00 05/21/2021 685000.00 02/25/2020 535,000.00 0]/122021 260,000.00 04/01/2021 220,000.00 09/15/2021 800,000.00 09/01/2010 750000.00 08/02/2017 440000.00 02/122020 75000.00 02/02/2021 410,000.00 09/18/2019 1560,00400 01/14/2021 205,000.00 03/31/2021 150,000.00 03/28/2018 500,000.00 10/12/2017 440,000.00 08/23/2012 995,000.00 11/10/2020 75000.00 03/26/2003 430,000.00 01/19/2006 500,000.00 1230/2020 406,000.00 07/01/2013 39,199 78 03/01/2014 295,874.20 0]/01/2014 135,149.27 01/28/2020 561453 42 06/09/2015 113,181.30 12/01/2008 105108.37 02/02/2015 1,900,000.00 03/022013 1,500000.00 03/16/2020 850,000.00 10/01/2015 196,943.50 02/01/2016 16,298 94 07/01/2015 76,371.25 09/01/2018 _60858.9] 05/01/2019 40,279.41 05/01/2019 81,173.33 12/01/2020 61]42.39 11/02/2020 400,000.00 10/13/2020 100,000.00 08/01/2012 3,816 91 07/01/2012 28,16700 08/01/2012 16,923.53 11/01/2012 30167.99 12/01/2012 19,90].03 04/01/2013 24,024.29 03/01/2013 43,798.44 06/01/2013 19,497.78 03/01/2015 48,683.23 11/01/2015 59152.11 10/27/2020 130,000.00 12/01/2011 1078.81 599.759.17 150,000.00 4612,850.48 299,900.00 524,97].54 155,000.00 699,725.64 313,062.8] 432,460.27 929,837.77 225,000.00 19,291.03 100,906.25 228,119.53 451,725.88 94,771.83 81,130.58 116,9&084 280,408.66 292,614.79 500,000.00. 484,529.55 7]5,279.50 3]4,945.9] 700,032.06 147,964.13 624.781.25 36382.43 11.8,620.72 189,135.51 306,944.43 6719776 91,986.52 923,940.73 1021,125.56 340,000.00 1,000.400,00 340540.06 700,052.86 225,000.00 622,112.71 1]5,202.34 635020.44 535,000.00 259867.40 220,000.00 330,000.39 769,792.12 442080.85 75,697.88 410000.00 1,500,000.00 205000.00. 150,000.00 500000.00 440,000.00 995000.00 76,022.31 430,000.00 500,000.00 404,989.88 39,344.27 296682.02 136,364.6] 561453.42 114,]09.66 104,153:89 1,913,82329 1.512,828.25 854.449.22 205,133.38 17,037.32 81,150.15 64.45236 43,506.39 86,168.30 62,453.67 400,389.11 99,950.00 3,821.66 28.452.53 17,18242 29,240.57 20,254.41 23,629.20 44235.63 19,824.98 47,526.99 60.77385 129,967.50 1,07523 (15075) 153.]5 599982.00. 22283 0.000_ 149998.50 (1.50) 0.150 0.150 N/A N/A 4.612,850:48 - 0.006 299,967.00 67,00 0.000 524.99475 17.21 0.000 155,000.00 - 0.150 0.150 N/A N/A 699961.00 22536 0000 313,062.87 0806 04/20/2022 428,675.47 (3;584.80) 2950. 2.712 BBB+ A3 10/21/2021 920984.40 (085337) 2.503 2.500 A- A2 225002.25 2.25 VAR 0,000 19,305.97 14.94 1.080 1.079 AAA AAA 10081400 (9225) 1.160 1.151 AAA AAA 228,189.83 70.30 VAR 0.230 AAA N/A 451,314.00 (411.88) VAR 1.070 BBB BAA1 9480].53 35.70 2.510 2487 AAA AAA 8112080 (1.76) 1.890 1.864 AAA N/A 116991.36 1052 VAR 0.220 AAA N/A 280444.78 36.14 VAR 0,230 AAA N/A 292539.75 (25.04) VAR 0280 AAA 9/A 500290_00 290.00 VAR 0.000 A A2 485,024.25 49470 0.700 0.700 BBB+ A3 09/27/2022 767835.00 (7444.50) 2.700 2.637 BBB+ A3 374,94].50 1.53 VAR 0.000 70001400 (16.06) 0.130 0.130 143087.27 123.14 1.220 1.213 N/A 624831 25 100,00 0.250 0.250 A 36,416.14 33.71 2.230 2.228 AA+ 118,378.64 (242.08) 2220 2.218 N/A 189111.50 (2401) 0.350 0.350 AAA 306901.00 6.57 2.040 1.994 N/A 6]558.36 (39.40) VAR 0.709 AAA 92327.66 341.14 3_210 3.184 AAA 915228.00 (0712.73) 5.750 5.654 BBB+ 1.013200.00 (1;920 56) 4.500 4.441 0- .03/16/2023 341336.20 1336.20 VAR 0.626 0- 1000,090.00 90.00 0.240 0240 340513.40 (16.66) 0.400 0.399 AAA N. 70002100 (31.86) 0.160 0.160 225,978.75 9]8.]5 VAR 0.598 BBB+ BAA1 621,190.40 (92231) VAR 0.654 N/A AAA 175,066.50 (135.84) VAR 0020 N/A AA0 685075.35 54.91 0.160 0160 02/09/2022 AAA A2 AAA AAA AAA AAA AAA PAA A2 02 A2 02/24/2022 535508.50 588.50 VAR 0.453 07/15/2022 260,494.00 626.60 0.625 04/01/2023 221,135.20 1135.20 VAR 0.895 300008.00 800 VAR 0000 765,157.50 (4634.62) 3.450 3382 BBB+ 441,122.00 (95885) 2.370 2364 AAA 75798.75 100.87 1.700 1682 N/A 410770:80 ]]0.80 VAR 0439 A+ 1,502]45.00 2,745.00 VAR 0.305 AAA 20E13325 133.25 VAR. 0000 AAA 150,003.00 3.00 0.250 0.250 SP -1+ 500,000.00 - VAR 0.073 4-1♦ 440,000.00 VAR 0 130 A-0+ 995000.00 - VAR: 0.098 N/A 75135.75 (88656) 2.000 1.996 SP -10 43000000 - VAR 0,099 N/A 500,000.00 VAR 0.108 A-1+ 405,00000 10.12 0.200 0.200 9/0 39394.99 (150.54) 2.839 2.825 11/0 N/A 300918:86 2,902.80 2.592 2.549 AAA N/A 136079.10 (285.57) 2.364 2348 N. N. 562295.60 84218 VAR. 0444 N/A _ N/A 114692.27 (1739) VAR 3.619 N/A AAA 106252.14 209825 5.500 5337 N/A N/A 1,909,139_00 (4,689.29) 1.500 1493 N/A AAA 1.510545.00 (2283.25) 1.750. 1.738 N/A AAA 854,020.60 (428.72) 0.500 0.498 N/A AAA 20616439 1031.01 2.500 2388 N/A N/A 1],013.32 (24.00) 2.500 2395 N/A N/A 8093672 (213.43) 3.000 2.831 N/A _ N/A 64135.01 _ (317.75) 3.000 2847 N/A N/A 43260.09 (246.30) 3.500 3259 N/A N/A 86]91.34 619.41 3_500 3.273 N/A N/A 62157.92 (295.75) 1.000 0.903 9/0 1,1/A 11/02/2021 399984.00 (405.11) 0.320 0320 N/A AAA 99,944.00 (6.00) 0.300 0300 N/A AAA 3842.41 20.]5 2.482 2466 N/A N/A 28,380.48 32795 3.000 2.936 N/A _ N. 1],280.45 98.03 1.500 1.469 N/A N/A 30583.10 1,342.53 2.184 2.153 N/A N/A 20416.45 162.04 2.060 1950 N/A N/A 24664.54 1,035.34 VAR. 2549 N/A N/A 4429E61 55.99 1.250 1.236 N/A N/A 19928.29 103.31 1.750 1.712 1,1/4 N/A 48,860.92 1,333.93 2.569 2.500 N/A N/A 6081783 38:98 2000 1.945 N/A _ N/A 10/27/2021 129905.10 (6240) 0.300 0.300 AA+ AAA 1,073:66. 3:43 2.968 2.968 N/A N/A 0.624 A2 A2 A3 A2 N/A AAA Al AAA AAA N/A VMIG1 VMIGI VMIGI MIG1 VMIGI VMIGI AAA Page 07 of 135 Source RIVERSIDE COUNTY TRANSPORTATION COMMISSION 2017 Financing STAMP Portfolio by Investment Category for quarter ended September 30, 2021 Current Face Base Net Total Base Market Uurealircd S&P Moody 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 248907020 240907020 240907020 240907020 248907020 240907020 240907020 240907020 240907020 240907020 24090%020 240907020 240907020 240707020 240907020 240907020 240902020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 240907020 24090/020 240907020 RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 201 J TIFIA RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 201 J TIFIA RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20177181A RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 201 J TIFIA RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20177181A RAMP UP FD RCTC 20177181A RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 201 J TIFIA RAMP UP FO RCTC 2017 TIFIA .BIP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20178814 RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP f D RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20171161A RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA WIMP UP FD RCTC 201 J TIFIA RAMP UP FO RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP up FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 201 J TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 20171),)4 RAMP UP FD RCTC 2017 TIFIA RAMP UP FD RCTC 2017 TIFIA MMP UP FD RCTC 2017 TIFIA RAMP UP FD 3137003E1 US TREAS & AGENCY OBLIGATIONS FH L M 4 MULTICLASS MTG PARTS, C M 0 SER4039 CL 38 31374 8W4 US TREAS 6 AGENCY OBLIGATIONS FH L M 0 MULTICLASS WO PARTS, C M 0 SER K020 CLA2 3137AWWM3 US TREAS & AGENCY OBLIGATIONS FHL MC MULTICLASS 0176 PARTS 410 SER 4138 CL HA 3137AXHN6 US TREAS 6 49E710 OBLIGATIONS FH LMC MULTICLASS 080 PARTS, C M 0 SER K024 CL Al 313JAYCE9 US TREAS &AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTS, CM O SER K025 CL A2 313JAVSH5 US TREAS 6 AGENCY OBLIGATIONS 01-1.4 4 MULTICLASSMTG PARTS, CM') SER 4165 CCTE 313.11075 _US TREAS& AGENCY OBLIGATIONS 063 M 0 MULTICLASS MTG PARTS, 410 SER 0 SOl CL42 313781487 US TREAS 649E504 OBLIGATIONS FH 3M C MULTICLASS MTG PART, C M 05080027 CL Al 313782278 US TREAS &AGENCY OBLIGATIONS FHLMCMULTICLASS MTG PARTS, CM O SER 4221 CL GA 3137836164 US TREAS 6 AGENCY OBLIGATIONS 01-1.4 0 MULTICLASSMTG PART6 C M 0 SER K031 CL41 313786085 US TREAS & AGENCY OBLIGATIONS FHL MC MULTICLASS MTG P.M 410 SER 4272 CL VG 313767880 US TREAS 64GEN04 OBLIGATIONS FH 3M C MULTICLASS MTG PARTS, C M 0 SER 0037 CL42 313788453 USTREAS&AGENCY OBLIGATIONS F H L M C MULTICLASS MTG PARTS, C M O SER 4305 CL 41- 313.9807 US TREAS 6 AGENCY OBLIGATIONS FH L M 0 MULTICLASS MTG PART6 CM') SER4328 CL EA 3137604W4 US TREAS 6 AGENCY OB01048106S FH 3M 4 MULTICLASS MTG P.M 410 SER 00394342 313788E80 US TREAS 6 AGEN04 OBLIGATIONS FH LM 0 MULTICLASS MTG PART6 CM 0 SER 0041 CL Al 313780071 US TREAS &AGENCY OBLIGATIONS FH L MCMULTICLASS MT6 PARTS, 010 SER KPLB CO A 313780W87 US TREAS 6 AGENCY OBLIGATIONS FH L M 0 MULTICLASS MTG PART, 410 SER K050 CL Al 3137 8 0 8 02 US TREAS & AGENCY 0BL1448106S 80304 MULTICLASS MTG P.M 400 SER 0432 a 41 3137E4082 US TREAS 6 AGEN04 OBLIGATIONS FH LM 0 MTN 2.37501/13/2022 3138E0.5 US TREAS &AGENCY OBLIGATIONS FN M A PARTS, CERT POOL 741.2239 3138E0RJ3 US TREAS 6 AGENCY OBLIGATIONS F N M A PARTN CERT 40030407688 313871-0. US TREAS& AGENCY 060.41-10. F604PART5CERT POOL 7408561 3138WEMJ5 US TREAS&AGENCY OBLIGATIONS FNMAPARTNCERT POOL 7454860 31354J604 USTREAS & AGENCY OBLIGATIONS FNMAGTDREMI CPASSTHRU CM 0SER 200323 CL E0 3140J8ME0 USTREAS & AGENCY OBLIGATIONS F N M A PARTS, CERT UMBS POOL 7813956 3140X4090 US TREAS& AGENCY OBLIGATIONS 8 N m A paRiN CERT UMBS POOL 7,11155 314007.56 US TREAS 6 AGENC7 OBLIGATIONS 86M4 847T56081 POOL 7FM3936 3140X9VK8 US TREAS &AGENCY OBLIGATIONS FNMAPARTNCERT POOL 7,76017 314184004 USTREAS & AGENCY OBLIGATIONS F N M A PARTN CERT POOL 7142803 314180047 US TREAS 0 AGENCY OBLIGATION6 F60484383 CERT UMOS POOL76144074 314180541 US TREAS 6 AGENCY OBLIGATIONS F 6 M A PARTS CERT UMBS POOL 76144112 314184743 US TREAS &AGENCY OBLIGATIONS F 6 M AP44TN CERT UMBS P00L7MA4226 314180X00 USTREAS & AGENCY OBLIGATIONS F NM A PARTS, CERT UMBS FOOL7MA4279 36176X008 USTREAS & AGENCY OBLIGAf10NS ON MA PARTS, CERT P00L77J9250 361796407 USTREAS & AGENCY OBLIGATIONS G N M A IIPASS THAI CERT POOL 7140909 311790.7 USTREAS & AGENCY OBLIGATIONS_ GN 7 41 1P 4616 CERT 80003M41134 361796843 US TREAS & AGENCY OBLIGATIONS GNMA II PARI5 CERT POOL7MA1202 361)90248 4010844 &AGENCY OBLIGATIONS GNMA 11 4SS THRU CERT 40006M42569 361798806 US TREAS 6 AGENCY OBLIGATIONS G NM A I I PASS THRU CERT POOL7MA2664 36202,208 USTREAS&AGENCY OBLIGATIONS G NMA II PASS THRU CERT POOL .05276 362.2.0 US TREAS&AGENCY OBLIGATIONS GNMA IIPASSERT CERT POOL 7005300 362242400 US TREAS &AGENCY OBLIGATIONS GNMAPARTN CERT POOL 7783795 38375X064 USTREAS & AGENCY OBLIGATIONS GNMAGTDREMICPASSTHRU CM 0SER 200847 CL PC - 303761721 US T REAS&AGENCVOBLIGATIONS GNMAGTDREMICPASSTHRU CMOSER20104CLPD 3837672E6 USTREAS & AGENCY OBLIGATIONS GN MAGTU R EMICPASSTHRU CMOSER201019CLUA 3B377LFC7 US TREAS &AGENCY OBLIGATIONS GN M A GI'O R EMIC PASS THRU C MOSER 2010116 CLNE 383774840 US TREAS& AGENCY OBLIGATIONS GNMAGTDREMICPASSTHRU CMOSER201118CLPG 38378H440 USTREAS &AGENCY OBLIGATIONS GNMAGTDREMICPASSTHRU 700S0000848800 AD 383787207 US TREAS& AGENCY OBLIGATIONS GNMAGTDREMICPASSTHRU C MOSER 2013 CL EC 38378KW89 US TREAS &AGENCY OBLIGATIONS 0NMAGTDREMICPASS THRU CMOSER20139896CLA 383787045 US TREAS & AGENCY OBLIGATIONS GNMAGBDREMIC PASS THRU 2/2505 820246CLMA 912828,19 USTREAS & AGENCY O6LIGAT 1066 4 S TREASURY NOTE 2.12505/15/2022 9128 28 08 6 USTREAS & AGENCY OBLIGAT10N5 US TREASURY NOTE 1.50001/31/2022_ 912828043 USTREAS &AGENCY OBLIGATIONS US TREASURY NOTE 1.75002/28/2022 91 28 28 857 US TREAS & AGENCY 081.4 .066 U STREASURY NOTE 1.750 09/30/2022 912028,0 US TREAS &AGENCY OBLIGATIONS 45 TREASURY NOTE 137510/15/2022 0 91 289 28 44 77 0 US TREAS OBLIGATIONS USTREASURY NOTE 1.75012/31/2024 91 28 28 2 0 5 USTREAS&AGENCY OBLIGATIONS 4 STREASURY NOTE 050003/15/2023 912828780 US TREAS& AGENCY OBLIGATIONS USTREASURY NOTE 0.50003/31/2025 912828,8 US TREAS R. AGENCVOBLIGAIONS US TREASURVNOTE 012505/15/2023_ 912820746 USTREAS & AGENCY OBLIGAT8IONS USTREASURY NOTE 0.12510/15/2023 912824.8 US TREAS & AGENCY OBLIGATIONS 4S TREASURY NO TE 012512/15/2023 912820064 US TREAS &AGENCY 01310.81060 US TREASURY NOTE 0.25006/15/2024 .5/15/2027 05/25/2022 12/15/2027 02/25/2022 10/25/2022 12/15/2042 01/25/2023 09/25/2022 07/15/2023 09/25/2022 11/15/2026 01/25/2024 02/15/2029 12/15/2027 07/25/2024 06/25/2024 .5/25/2025 01/25/2025 05/25/2022 01/13/2022 07/01/2022 11/01/2030 06/01/2031 05/01/2000 04/25/2023 12/01/2032 06/01/2032 08/01/2035 02/01/2035 11/01/2031 06/01/2035 08/01/2035 12/01/2030 03/01/2036 05/15/2027 04/20/2028 07/20/2028 08/20/2028 02/20/2030 06/20/2030 01/20/2027 OW20/2027 03/05/2028 11/16/2037 01/16/2039 07/16/2039 12/20/2039 08/20/2040 08/20/2027 12/20/2040 10/16/2041 12/16/2041 0715/2022 01/31/2022 02/28/2022 09/30/2022 10/15/2022 12/31/2024 03/15/2023 03/31/2025 05/05/2023 10/15/2023 12/15/2023 06/15/2024 05/01/2012 36,171.36 09/01/2012 96,793.35 12/01/2012 19536 93 01/01/2013 1,588.07 02/01/2013 100,000.00 02/01/2013 114.183.98 05/07/2013 96,038.57 05/01/2013 B.661 11 06/01/2013 31771.28 08/01/2013 28,073.59 11/01/2013 60,629.79 03/01/2014 209,000.00 02/01/2014 34,282.81 04/01/2014 64.582.01 07/01/2014 175,000.00 12/01/2014 72,000.99 06/01/2015 150,000 00 11/01/2015 184.712.36 06/01/2016 32,539.29 01/13/2012 400,000.00 08/01/2012 5,790.08 11/01/2015 181,102.13 05/01/2016 35,033 70 04/01/2015 199,684.95 03/01/2003 91 170.50 05/01/2018 25,247.56 06/01/2019 184,768.27 07/01/2020 104.47784 02/01/2021 81.320.30 10/01/2016 38,794.25 06/01/2020 189,520.68 07/01/2020 81.302.57 12/01/2020 2147 39 42 02/01/2021 230,135 78 45)01/2012 14941006 04/01/2013 10,872.51 07/01/2013 78.75688 08/01/2013 22420.29 02/01/2015 56.07459 06/01/2015 15,307.96 01/01/2012 16.664 83 02/01/2012 1,691.57' 07/01/2013 47.490 36 06/01/2008 5,178.56 01/01/2010 28,42020 OW01/2010 12114.95 09/01/2010 868680 02/01/2011 6,835.16 08/01/2012 43.525 95 03/01/2013 8,51144 06/01/2013 4.02064 08/01/2013 29.196 72 0545/2019 4000000 02/02/2015 1225000.00 03/02/2015 7355000.00 09/30/2015 725,000.00 10/15/2019 815.000 00 12/31/2019 615000.00 03/16/2020 865.000 00 03/31/2020 705,000.00 05/15/2020 855.000 00 1015/2020 1100,000.00 12/15/2020 670.00000 06/15/2021 550000.00 36,706,70 94,120.19 19,737.04 1,56fi 23 100,733.11 116,581,90 94,410 46 8,829.50 32,059.84 27,832.33 61.670.65 222,333.02 33,854.27 65,665.12 187438.04 74.266.01 160.408.36 192,623.63 32589.63 401,428.79 5,817.58 192,664.23 37,54215 208,191.90 91,521.87 26,701.26 193,397., 109,391.97 86,55870 40,509.85 195.71394 85,15842 221,223.11 237,872.90 154.99)11 11,281.50 80.918 20 23,231 72 68.709 70 15,837.92 16.881 36 19,273.20 48,74640 5,266.00 29,385 42 12,421.52 8.766 60 6,912.43 44,109 66 0.405.05 3.771 86 28.142.89 40273.33 1,233,915.61 1376.33022 727,595.07 818.83085 639,864.52 869 24272 703,292.58 853.286 72 1,09773273 667.600.78 547,55078 36754.34 _ ,7., 1_500 1.476 97706.11 3,58192 2373 2351 19,819.55 82.51 1250 1.232 1587.91 21.66 1749 1.749 102,073.00 1,339.89 2.682 2628 116231.30 350.33 1.750 1.719 97,518.52 3,108.06 2.522 2484 9009.59 180.09 1.785 1.775 32,055.36 (4.48) 1.400 1.396 28,389.98 557.65 2778 2747 61,626.54 (44.11) 2.000 1968 221640.32 (692.70) 3.490 3.291 34,050.53 996.26 2.000 1.967 66,314.10 648.99 2600 2.435 186763.50 (674.54) 3.303 3.095 74268.30 2.29 2.720 2.637 159753.00 (655.36) 2.770 2601 191,969.71 (685.66) 2.802 2696 32728.99 139.36 2183 2170 402,616.00 1187.21 2.375 2360 5,829.05 11.47 3.023 2.944 195,045.10 2,380.95 3.500 1250 38004.56 462.41 3.500 3.226 209683.18 1,491.29 2.500 2.381 93,501.73 1,97986 5.500 5.363 26,76674 6548 3.000 2130 192,692.98 (700.22) 2500 2.397 10925770 (134.27) 2500 2391 8547821 (1080.49) 3.000 2.854 40,586.93 77.08 2500 2.390 195,34276 (371 18) 2.000 1 940 86489.67 1331.25 3.000 2.820 220 71778 (505.33) 2.000 1.940 237,205.55 (667.35) 2000 1.940 157,11309 2,116.71 3.000 2853 11,431.03 149.53 3.000 2.853 82805.77 1887.57 3:000 2853 23361.05 129.33 2.500 _ 2.399 6986463 1,15693 3000 2837 16,143.93 306.01 0,5°00 2.845 17,51690 635.54 3 2854 19,647.46 375.26 3.000 2854 49,47593 729.53 2500 2400 523199 (27.01) 5.000 4942 294/472 8930 3000_ 893 12589.25 167.73 4.000 3.849 8,742 13 (24 471 2 500 _ 2, 484 698280 70.37 3.000 2937 44234.55 124.88 1 500 1 476 8,601.66 196.61 1.500 1.484 402945 257,59 1400 1.397 2996372 1,820.83 2.250 2.192 40512.40 039,07 2125 2098 1,230892.25 (3,023361 1 500 1.493 1374,59595 (1742271 1750 1738 737064.00 9.79325 1523 1721 02570095 686210 1.350 1357 638087.10 (1777.42) 1750 1 687 86909145 (151 27) 0500 0.498 70108725 (220133) 0:500 0.503 853.76680 48208 025 0.125 1095051.00 (168183) 0.125 0.125 66,85770 (643.081 0125 0.126 54694750 (609:39) 0.250 0251 N/A N/A N/A N/A N/A N/A N/A AAA N/A AAA N/A N/A N/A N/A N/A N/A N/A N/A N/A AAA N/A N/A AAA N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A AAA N/A AAA AAA N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A _ N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A AAA N/A AAA N/A AAA NIA _ AAA N/A AAA N/A N/A N/A AAA N/A AAA N/A AAA N/A AAA N/A AAA N/A AAA 50,282,897.20 50,655,122.26 50,651,194.83 -2,968.77 445 Page 98 of 135 Offr RIVERSIDE COUNTY TRANSPORTATION COMMISSION 2017 Financing STAMP Portfolio by Account for quarter ended September 30, 2021 ATTACHMENT 6 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 240907004 ROTC 2017 TIFIA PRJ SALES TAX REV 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 02665.1807 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 23504MAD6 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 318460203 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 531541.083 290907004 RCTC 2017 TIFIA PRJ SALES TAX REV 645874X41 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 8827607M3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 92780JXU0 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 025816CD9 240907009 RCTC 2017 TIFIA PRJ SALES TAX REV 06051 GFZ7 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 063670L52 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 125979AB4 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 125975402 240907004 RCT0 2017 TIFIA PRJ SALES TAX REV 125984486 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 1404068M6 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 14042WAC4 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 143150A02 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 14316NAB5 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 14687AAM0 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 146878AF3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 1491362E6 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 15189WAM2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 172967L02 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 216841059 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 225350259 240907009 RCTC 2017 TIFIA PRJ SALES TAX REV 233854AC2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 24422EVM8 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 26209AAE1 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 34528DAD5 240907004 RCT0 2017 TIFIA PRJ SALES TAX REV 362569443 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 3625810491 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 3 6 259 54 82 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 38013FAD3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 38141 GGS7 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 46625HJD3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 46647PCA2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 515019465 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 58769EAC2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 60710RLW3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 653398801 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 65474VAQ4 240907009 RCTC 2017 TIFIA PRJ SALES TAX REV 65474VASO 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 656020]05 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 69353RFU7 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 79466LAG9 240907004 RCT0 2017 TIFIA PRJ SALES TAX REV 842400800 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 865650680 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 927804978 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 98161TAF2 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 98162HAC4 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 225500087 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 45818WCP9 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 45905847 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 130136441 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 196479029 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 56052E832 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 5741957F0 240907009 RCTC 2017 TIFIA PRJ SALES TAX REV 609569WG3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 658886026 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 976899263 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 3134GXJF2 240907004 RCT0 2017 TIFIA PRJ SALES TAX REV 313783686 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 3137B7YX1 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 313780297 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 313790X03 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 3137GOFJ3 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 31416BTW8 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 912828986 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 912828J43 240907004 RCTC 2017 TIFIA PRJ SALES TAX REV 912828205 240907020 RCTC 2017 TIFIA RAMP UP FD 318460203 240907020 RCTC 2017 TIFIA RAMP UP FD 3128MMT52 240907020 RCTC 2017 TIFIA RAMP UP FD 3128MMUL5 240907020 RCTC 2017 TIFIA RAMP UP FD 313079940 240907020 RCTC 2017 TIFIA RAMP UP FD 3132480 L7 240907020 RCTC 2017 TIFIA RAMP UP FD 3132AEF68 240907020 RCTC 2017 TIFIA RAMP UP FD 3132AEFC5 240907020 RCTC 2017 TIFIA RAMP U9 FD 313305GZ3 240907020 RCTC 2017 TIFIA RAMP LIP FD 3134GW6E1 240907020 RCTC 2017 TIFIA RAMP U9 FD 3134GWY42 240907020 RCTC 2017 TIFIA RAMP UP FD 313647203 240907020 RCTC 2017 TIFIA RAMP UP FD 313647025 240907020 RCTC 2017 TIFIA RAMP UP FD 3136485X9 240907020 RCTC 2017 TIFIA RAMP UP FD 3136A96F0 240907020 RCTC 2017 TIFIA RAMP UP FD 3136013922 240907020 RCTC 2017 TIFIA RAMP UP FD 3136407]4 240907020 RCTC 2017 TIFIA RAMP LIP FD 313640240 240907020 RCTC 2017 TIFIA RAMP UP FD 3136AEY84 240907020 RCTC 2017 TIFIA RAMP UP FD 3136AMM48 240907020 RCTC 2017 TIFIA RAMP UP FD 3136AQZK9 240907020 RCTC 2017 TIFIA RAMP UP FD 313604646 240907020 RCTC 2017 TIFIA RAMP UP FD 3137AJMF8 240907020 RCTC 2017 TIFIA RAMP UP FD 3137400E1 _240907020 RCTC 2017 TIFIA RAMP U9 FD 3137ATRW4 1240907020 R0T0 2017 TIFIA RAMP UP FD 3137AWWM3 CASH CASH CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CASH EQUIVALENTS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS CORPORATE OBLIGATIONS FOREIGN OBLIGATIONS FOREIGN OBLIGATIONS FOREIGN OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY 0800401ON5 US TREAS.& AGENCY OBLIGATIONS U5 TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS CASH EQUIVALENTS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY 0800401ON5 US TREAS & AGENCY OBLIGATIONS U5 TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBL IGATIONS U5 TREAS & AGENCY OBLIGATIONS U S TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS 8 AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS US TREAS &AGENCY OBLIGATIONS US TREAS & AGENCY OBLIGATIONS Principal Cash Income Cash AMERICAN HONDA FIN CORP DISC C P DALLAS FT WORTH ARPT TX C 5 FIRST AMERICAN GOVERNMENT LIBERTY UT1I.0 CO DISC COML C P NEW JERSEY NAT GAS CO DISC C P TEXAS ST PUB FIN ACTH C P VIRGINIA ELEC PWR CO DISC C P AMERICAN EXPRESS CO BANK OF AMERICA BANK MONTREAL CHICAGO BRH CNH EQUIPMENT TRUST CNN EQUIPMENT TRUST CNH EQUIPMENT TRUST CAPITAL ONE FINANCIAL CO CAPITAL ONE PRIME AUTO CARMAX AUTO OWNER TRUST CARMAX AUTO OWNER TR CARVANA AUTO REC TR CARVANA AUTO RECB TR CATERPILLAR FIN0 SVCS CENTERPOINT ENERGY RES CORP CITIGROUP INC COOPERATIEVE CENTRALE CREDIT AGRICOLE CIB NY DAIMLER TRUCKS RETAIL TRUST JOHN DEERE CAPITAL CORP DRIVE AUTO RECEIVABLES TRUST FORD CREDIT AUTO LEASE TRUST GM FIN AUTO LEASE GM FIN CONS ATMB REC TR 2019 GM FIN AUTO LEASE TR GM FINANCIAL SECURITIZED TERM GOLDMAN SACHS GROUP INC JPMORGAN CHASE CO JPMORGAN CHASE CO I..ANDTSBANKBADEN WURTTEMBERG MERCEDES BENZ AUTO LEASE MIZUHO BK LTD NEW YORK BRH NEXTERA ENERGY CAP 519580 NISSAN MASTER OWNER TRUST NISSAN MASTER OWNER TRUST NORINCHUKIN BK NEW YORK BRH PNC BANK NA SALESFORCE COM INC SOUTHERN CA EDISON CO 1M GLBL 2021C SUMITOMO MITSUI BKG CORP N Y VIRGINIA ELEC POWER CO WORLD OMNI AUTO TR WORLD OMNI AUTOMOBILE LEASE CREDIT SUISSE AG NEW YORK INTER AMERICAN DEVEL BK INTERNATIONAL BANK CALIFORNIA CMNTY COLLEGE 019190AX COLORADO ST HS0 FIN AUTO TX8L MAINE ST HSG AUTH MTG PUR MTG PUR MARYLAND ST CMNTY DEV ADMIN DEPT HSG MONMOUTH GNP/ N J IMPT AUTH REV NORTH DAKOTA ST HSG FIN AGY MTGE WISCONSIN ST HSG ECONOMIC DEV AUTH FHLMC MTN FHLMC MULTICLASS MTG PARTN 911 L M C MULTICLASS MTG PARTN FHLMC MULTICLASS MTG PARTN FHL MC MULTICLASS MTG PARTN FHL MC MULTICLASS MTG PARTN FNMA PARTN CERT U S TREASURY NOTE U S TREASURY NOTE U S TREASURY NOTE 10/13/2021 0.150 11/22/2021 TAXABLE OBLIG FD CL Y 11/08/2021 10/04/2021 0.150 11/04/2021 TAXABLE 10/28/2021 2750 05/20/2022 MEDIUM TERM NOTE CD ABSSER 2020A CL A2 A B S SER 2020 A CL A3 A B S SER 2021 A CL A2 03/09/2022 VAR ABSSER 20191 CLA3 A B S SER 20201 CL A3 ABS SER 20211 CL A2A A B S SER 2020 P1 CL A2 ABSSER 2021 P1 CL A2 MEDIUM TERM NOTE 0700 03/02/2023 2.700 10/27/2022 CD CD A B S SER 20201 CL A3 MEDIUM TERM NOTE ABSSER20194 CLB A BS SER 2019 B CL A3 A B S SER 20203 CLA2A ABSSER20194CL8 A B S SER 20202 CL A2A CM 0 SER 20184 CL A3 5.750 01/24/2022 4500 01/24/2022 03/16/2024 VAR CD A BS SER 202013 CL 43 CD 03/01/2023 VAR A BSSER2019 ACLA CMOSER 2019 BCLA CD MEDIUM TERM NOTE 0.625 07/15/2024 24 CD 3.450 09/01/2022 A B S SER 201713 CL ABSSER 2020ACLA3 02/02/2024 VAR MEDIUM TERM NOTE 01/13/2023 VAR REV ANTIC NT PROG TAXABLE PART VARIABLE REF MF PROJ CLASS I SEP 80520170 CMNTY BEV REV BIOS 20128 TAXABLE GOVERNMENTAL LN 20201 REVENUE HSG FIN PROG SER B HOME OWNERSHIP REV REV 600 201 0.200 12/30/2022 C M 0 SER K029 CL Al C M OSER K037 CL Al CMOSER KXOI CLA C M 05ER KI05 CL.A CMOSER 2015 H02 CL M3 POOL 4995265 1 500 01/31/2022 1.250 02/28/2022 0.500 03/15/2023 FIRST AMERICAN GOVERNMENT OBLIG FD CL Y FHL MC GOLD PARTN CERT POOL4018571 F H I. M C GOLD PARTN CERT POOL 4018586 FHLMC GOLD PARTN CERT POOL 4732243 F H I.. M C PARTN CERT MIRROR POOL 4257403 FHLMC PARTN CERT POOL RZT1989 F H I. M C PARTN CERT UMBS POOL 4251963 FHLMCGTDREMICPA55THRU STRIPPED TR 370 CC 100 FHLMC MTN 0.320 11/02/2023 FHLMC MTN 030010/13/2023 FNM ACTOR ER IC PASSTHRU 0 MOSER 2012 M9 CL A2 F NM AGTDREM IC PASSTHRU C M 0 SER 251283CL PC FNMA GTD REM IC PASSTHRU C M O SCR 2012 102 CL BJ FNMAGTDREMICPASSTHRU CMOSER 2012 M17 CL A2 FNMA GTD REM IC PASS THRU CM OSER 2012148 CL MC FNMAGTDREM IC PASSTHRU CMO SER2013 M6 CL 20 FNMAGTDREM IC PASSTHRU CMOSER 201327 CI. KA FNMA GTO REM IC PASSTHRU C MG SER 201370 CLOG FNMA GTD REM IC PASS THRU C M 05ER 2015 M4 CI. AV2 FNMAGTDREM IC PASSTHRU CMOSER 201589 CLKE FNMA 0.300 10/27/2023 FHLMCMULTICLASS MTG PARTS C MOSER K016 CL A2 F H I. M C MULTICLASS MTG PARTN C M 0 SER 4039 CL GB FHLMC MULTICLASS MTG PARTN C M O SER K020 CL A2 F HL MC MULTICLASS MTG PARTN C M 0 SER 413801 HA Base Net Total Next Call Unrealized S&P Moody Date •ase Market Vale a Gain/I s on Yield Ratio• Rats„ 10/13/2021 07/19/2021 600,000.00 599,759.17 11/22/2021 08/25/2021 150,000.00 150,000.00 4,612,85048 4,61285048 11/08/2021 09/09/2021 300,000.00 299900.00 10/04/2021 09/23/2021 525,000 00 524,977.54 11/04/2021 08/18/2021 155,000.00 155000.00 10/28/2021 08/04/2021 700,000.00 699,725.64 05/20/2022 05/20/2019 423,000.00 432460.27 04/20/2022 10/21/2022 10/21/2016 920,000.00 929,83777 10/21/2021 09/27/2022 09/27/2021 225000.00 225,000.00 07/17/2023 05/27/2020 19,29208 19,291.03 06/16/2025 05/27/2020 100,000.00 100,906.25 03/15/2024 03/15/2021 228,137.36 228,119 53 03/09/2022 03/09/2017 450,000.00 451,725.88 02/09/2022 11/15/2023 05/30/2019 93,956.29 94,771.83 12/16/2024 01/22/2020 80,000.00 81,130.58 02/15/2024 01/27/2021 116,980 83 116,980.84 11/08/2023 12/10/2020 280.413.93 280408.66 03/10/2024 03/16/2021 292,54879 29261479 01/06/2022 07/08/2020 500,000.00 500,000.00 03/02/2023 03/02/2021 485,00000 484,52955 _ 10/27/2022 10/27/2017 750,000.00 775,279.50 09/27/2022 06/15/2022 09/15/2021 375,000.00 374,945.97 10/12/2021 05/11/2021 700,000.00 700,032.06 09/15/2023 03/18/2020 147,268.46 147,964.13 01/17/2023 03/04/2021 625000.00 624,781.25 01/16/2024 09/18/2019 36787.39 36,382.43 10/15/2022 07/30/2019 118,282.83 118,620 72 11/21/2022 09/29/2020 189,047.22 189,135.51 02/18/2025 10/16/2019 300,000.00 306,94443 10/20/2022 06/17/2020 67,50368 67,597.76 10/16/2023 10/10/2018 91,566.74 91,986.52 01/24/2022 01/24/2012 900,000.00 923,940.73 01/24/2022 01/23/2012 1,000,000.00 1,021,125.56 03/16/2024 03/16/2021 340,00000 340.00000 03/16/2023 10/25/2021 02/01/2021 1.000,000.00 1,000,000.00 11/15/2023 09/23/2020 340,00000 34054006 10/13/2021 05/13/2021 700,000.00 700,052.86 03/01/2023 03/17/2021 225,000.00 225,000.00 02/15/2024 03/13/2019 620,000.00 622,112.71 11/15/2023 11/25/2019 175,000 00 175,202.34 11/22/2021 05/21/2021 685000.00 685.020.44 02/24/2023 02/25/2020 535,00000 535,000.00 02/24/2022 07/15/2024 07/12/2021 260,000.00 259867.40 07/15/2022 04/01/2024 04/01/2021 220,00000 220,000.00 04/01/2023 03/15/2022 09/15/2021 800,000.00 800,000.00 09/01/2022 09/01/2010 750,00000 769,79212 05/15/2024 08/02/2017 440,000.00 442,080.85 01/15/2023 02/12/2020 75,000.00 75,697.88 02/02/2024 02/02/2021 410,000.00 410,000.00 09/16/2022 09/18/2019 1,500,00000 1500,00000 01/13/2023 01/14/2021 205,000.00 205,000.00 12/30/2021 03/31/2021 150,000.00 150,000 00 04/01/2040 03/28/2018 500,000.00 500,000.00 11/15/2050 10/12/2017 440,000.00 440,000.00 09/01/2033 08/23/2012 995,000.00 995,000.00 11/09/2021 11/10/2020 75,00000 76,022.31 07/01/2038 03/26/2008 430000.00 430,000.00 09/01/2037 01/19/2006 000,00000 500,000.00 12/30/2022 12/30/2020 405,000.00 404,989.88 10/25/2022 07/01/2013 39,19978 39,544.27 04/25/2023 03/01/2014 295,87420 298682.02 02/25/2023 07/01/2014 135,149.27 136,364.67 07/25/2024 01/28/2020 561,453.42 561453.42 05/25/2025 06/09/2015 113,181.30 114,709.66 01/01/2024 12/01/2008 103,108.37 104,153.89 01/31/2022 02/02/2015 1,900,00000 1,913,828.29 02/28/2022 03/02/2015 1,500,000.00 1,512828.25 03/15/2023 03/16/2020 85000000 854,449.22 34.830.20242 34.996.118,92 313,062.87 313062.87 10/01/2030 10/01/2015 196,943.50 205,133.38 02/01/2031 02/01/2016 16,298.94 17,037.32 07/01/2030 07/01/2015 76,371.25 8115015 05/01/2031 09/01/2018 60,858.97 64,452.76 01/01/2033 05/01/2019 40,279.41 43,506.39 11/01/2030 05/01/2019 81,173.33 86,168.30 09/25/2033 12/01/2020 61,742.39 62,453.67 11/02/2023 11/02/2020 400000.00 400,389.11 11/02/2021 10/13/2023 10/13/2020 100,000 00 99,950.00 04/25/2022 08/01/2012 381691 3821.66 07/25/2041 07/01/2012 28,167.00 28,45253 09/25/2027 08/01/2012 16923.53 17,182.42 11/25/2022 11/01/2012 30,16799 29,24057 11/25/2042 12/01/2012 19,907.03 20,254.41 03/25/2023 04/01/2013 24,024.29 23,629.20 04/25/2028 03/01/2013 43,79844 44,235.63 07/25/2028 06/01/2013 19,497.78 19824.98 07/25/2022 03/01/2015 48,683.23 47,526.99 11/25/2031 11/01/2015 59,15211 60,1./8.85 10/27/2023 10/27/2020 130,000.00 129,967.50 10/27/2021 10/25/2021 12/01/2011 1,078 81 1,075.23 05/15/2027 05/01/2012 36,171.26 36,706.70 05/25/2022 09/01/2012 96,793.35 94,120.19 12/15/2027 12/01/2012 19334.93 19.737.04 (153,751 153.75 599,982.00 149,998.50 4,610850.48 299.967.00 524,994 75 155,000.00 099,951 00 428,875.47 920,984 40 225,002.25 1930597 100014.00 228,16983 451,314.00 94407 53 81.128.80 116,991 36 280444.78 292,58975 500290.00 485,024 25 767,835.00 374,947 50 700,014.00 141087_27 624.881.25 36,41614 118373 64 189,111-50 306951.00 67,55636 92.327 66 915,228.00 1.013.200.00 39133610 1,000000.00 340,513.40 700021.00 225,978.75 621.190.40 175,066.50 685.07535 535,58850 260,494.00 221,13520 800.008.00 765,157.50 441.12200 75,798 75 410.770.80 1,502,74500 205.133.25 150.003_00 500000.00 440,000 00 995,000.00 75,135.75 430,000.00 500000,00 405,000.00 39,394_99 300.91886 136,07910 562.295.60 114692.27 106.252.14 1,909,13900 1.510,545.00 854020_50 34.959.143.25 313.062.87 206,164.39 17,013 32 80,936 72 64.135.01 43,260 09 86,791.34 62,15792 399.984.00 99,944 00 3842 41 28,780.48 17,280.45 30,58310 20.41645 24,664.54 44,291 61 19,928 29 48860.92 60,817.83 129,905.10 107166 36,754.34 97,706 11 19819.55 22283 0.000 (1.50) 0.155 0.150 N/A N/A 0.006 0.000 0 000 0.150 N/A N/A 0 000 2.712 BBB+ 89 2.500 0.000 1.079 AAA AAA 1 151 AAA AAA 0.230 AAA N/A 1.070 BBB BAA1 2487 AAA AAA 1.864 AAA N/A 0.220 AAA N/A 0.280 AAA N/A 0280 AAA N/A 0.000 0 A2 0700 8880 A9- 2.637 BBB+ A3 0.000 0.130 1.213 WA AAA 0.250 A A2 2.228 AA+ AAA 2.218 N/A AAA 0,350 AAA AAA 1 994 N/A AAA 0709 AAA AAA 3.184 AAA AAA 5.654 BB8+ A2 4.441 A- A2 0 626 A- A2 0.240 0399 AAA N/A 0.160 0598 8B8+ BAA1 0.654 N/A AAA 0.525 N/A AAA 0.160 0.453 A A2 0.624 A+ A2 0.895 A- A3 0.000 3.382 BBB+ A2 2.364 AAA 5/0 1.682 N/A AAA 0439 A+ 41 0305 AAA AAA 0.000 AAA AAA 0250 SP -1+ N/A 0.073 A-1+ VMIGI 0.130 A-1+ VMIG1 0.098 N/A VMIG1 1996 SP -1+ MIG1 0.099 N/A VMIG1 0.108 A-1+ VMIGI 0.200 N/A AAA 2.825 N/A N/A 2.549 AAA N/A 2.348 N/A N/A 0.444 N/A N/A 3.619 N/A AAA 5.337 N/A N/A 1.493 N/A AAA 1.738 N/A AAA 0498 N/A AAA 67.00 17.21 0.150 225.36 (3784.80) 2.750 (8,853.37) 2503 2.25 VAR 14.94 1.080 (92.25) 1.160 70.30 VAR (411.88) VAR 35.70 2.510 (1.78) 1.890 10.52 VAR 36.14 VAR (25.04) VAR 290.00 VAR 494.70 0.700 (7.444.50) 2.700 53 VAR (18.06) 0.130 12314 1.220 100.00 0.250 33.71 2.230 (242.08) 2.220 (24.01) 0.350 657 2.040 (3940) VAR 341.14 3.210 (8712.73) 5.750 (7,925.56) 4500 1,336.20 VAR 90.00 0.240 (2666) 0.400 (31.86) 0.160 978.75 VAR (922.31) VAR (13584) VAR 54.91 0.180 588_50 VAR 626.60 0.625 1,135.20 VAR 8.00 VAR (4,634.62) 3.450 (958.85) 2.370 100.87 1.700 770.80 VAR 2,745.00 VAR 133.25 VAR 3.00 0.250 VAR VAR VAR (886.56) 2.000 VAR VAR 10.12 0.200 (150.54) 2.839 2,902.80 2.592 (285.57) 2.364 842.18 VAR (17.39) VAR 2098.25 5.500 (4,689.29) 1.500 (2,283.25) 1.750 (42872) 0600 (36.310,95) 1,031.01 2.500 (24.00) 2.500 (21343) 3.000 (317.75) 3.000 (246.30) 3500 619.41 3.500 1295.75) 1.000 (405.11) 0.320 (6.00) 0300 20.75 2.482 327.95 3.000 98.03 1.500 1,342.53 2.184 162.04 2.000 1,035.34 VAR 55.99 1.250 103.31 1750 1,333.93 2.509 38.98 2.000 (6240) 0.300 43 2968 4765 1.500 3,585.92 2.373 82.51 1.250 0.006 2.388 2.395 2.831 2.847 3.259 3.273 0 993 0.320 0.300 2 466 2 936 1.469 2153 1 950 2.549 1.236 1712 2.500 1 945 0.300 2.968 1 476 2,351 1.232 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A AAA N/A AAA N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A AA+ AAA N/A N/A N/A N/A 5/4 N/A N/A N/A' 446 Page 99 of 135 RIVERSIDE COUNTY TRANSPORTATION COMMISSION 2017 Financing STAMP Portfolio by Account for quarter ended September 30, 2021 .41 3137a0896 U5 TREAS B AGENCY OBLIGATIONS 1 H L M 0 MULTICLASS MTG PARTN 000SER 6024 CL Al 02/25/2022 3137057E9 USTREAS & AGENCY OBLIGATIONS F H L M 0 MULTICLASS MTG PAH I N C M 0 SER 9025 CL A2 10/25/2022 313707595 USTREAS & AGENCY OBLIGATIONS 11-17 M C MULTICLASS MTG PARTN C NI 0 SER 4165 CLTE 12/15/2042 313781U75 USTREAS & AGENCY OBLIGATIONS FH L M C MULTICLASS MTG PARTN C M 05ER K SO1 CL A2 01/25/2023 313781097 US TREAS& AGENCY OBLIGATIONS 1 H L M 1 MU73107659 MTG PARTN C M 0510 K027 CL Al 09/25/2022 313782278 U5 TREAS & AGENCY OBLIGATIONS F HI. M 0 MULTICLASS MTG PARTN C M 0 SER 4221 CL GA 07/15/2023 3137839W4 US TREAS & AGENCY OBLIGATIONS 1 H L M1 MULTICLASS MTG PARTN C M 0 SER K031 CL 01 09/25/2022 3137060F5 US TREAS & AGENCY OBLIGATIONS F H I. M C MUL TICLASS MTG PARTN C M 0SER 4272 CL 16 11/15/2026 313787579 US TREAS B AGENCY OBLIGATIONS 1 H L M C MULTICLASS MTG PARTN C M 0SER 6037 CL A2 01/25/2024 313788493 USTREAS & AGENC0 OBLIGATIONS F H L M C MULTICL ASS MTG PARTN C M 0 5104305 CL CT 02/15/2029 3137139897 US TREA58 AGENCY OBLIGATIONS F H 7 M 1 MULTICLASS MTG PARTN 0 0 0 514 4328 CL EA 12/15/2027 3137000W4 US TREA58 AGENCY OBLIGATIONS 1 H L M 0 MULTICLASS MTG PARTN C M 0 SER K039 CL 02 07/25/2024 3137131E80 US TREAS& AGENCY OBLIGATIONS 1 H L M C MULTICLASS MTG PARTN CM0SER K041 CL Al 08/25/2024 313782371 US TREA58 AGENCY OBLIGATIONS 1 H 7 M 0 MULTICL ASS MIS PARTN CMOSER KPLB CL A 05/25/2025 313107W67 US TREA58 AGENCY OBLIGATIONS 1 H 7 M 0 MULTICLASS MTG PARTS C M 0SER K050 CL Al 01/25/2025 313700802 U5 TREAS 6 AGENCY OBLIGATIONS 1 H L M C MULTICLASS MTG PARTN C M 0 SER 6122 CL 01 05/25/2022 3137E0082 US TREA58 AGENCY OBLIGATIONS FHLMC MTN 237501/13/2022 01/13/2022 3138EJPZ5 US TREAS & AGENCY OBLIGATIONS F N 0 0 PARTN CERT P001.. 8072239 07/01/2022 3138E9023 09701090 AGENCY OBLIGATIONS FN M A PARTN CERT POOL #077688 11/01/2030 3138ETQP4 067010S& AGENCY OBLIGATIONS FNMAPARTN CERT POOL 401.8561 06/01/2031 3138WEMJ5 USTREAS S AGENCY OBLIGATIONS FN 0004039 CERT POOL #354860 05/01/2030 313922654 USTREAS & AGENCY OBLIGATIONS 19 M A GTD RE M IC PASS THRU C M 0 SER 200323 CL 10 04/25/2073 3140280E0 USTREA58 AGENCY OBLIGATIONS 19 M A PARTN CERT UMBS POOL41303956 12/01/2032 314084890 US TREAS & AGENCY OBLIGATIONS 19 M A PARTN CERT UMBS POOL 41M1155 06/01/2032 314087956 USTREAS B AGENCY OBLIGATIONS FNM A PARTN CERT POOL 01M3936 08/01/2035 314089198 US TREAS & AGENC0 OBLIGATIONS F N M A PARTN CERT POOL 4E06017 02/01/2035 314180094 USTREAS 8 AGENCY OBLIGATIONS F N M A PARTN CERT POOL #MA2803 11/01/2031 _.. 314180047 US TREASBAGENCY OBLIGATIONS F N M A PARTN CERT UMBS POOL 4X340]4 06/01/2035 314180501 US TREAS& AGENCY OBLIGATIONS F N M A PARTN CERT UMBS POOL 4M64112 08/01/2035 - __. . . 314180033 USTREA58 AGENCY1517 OBLIGATIONS F NM A PARTN CERT UMBS POOL M42 12/01/2030 3141808900176898 US TREA58 AGENCY OBLIGATIONS F N M A PARTN CERT UMBS POOL 4M04279 03/01/2036 36176X088 US TREAS 8 AGENCY OBLIGATIONS G N M A PARTN CERT P007 4779250 05/15/2027 361796027 US TREA58 AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL #X00909 04/20/2028 361799467 US TREAS & AGENCY OBLIGATIONS 0 9 0 All PARTN CERT POOL 6001134 07/20/2028 361798102 US TREAS & AGENCY OBLIGATIONS G N M A II PARTN CERT POOL #M01202 08/20/2028 361790208 US TREA5& AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL 4002569 02/20/2030 361798F06 USTREAS& AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL #MA2864 06/20/2030 362021298 USTREAS& AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL#005276 01/20/2027 362021347 USTREAS 8 AGENCY OBLIGATIONS G N M A I I PASS THRU CERT POOL 4005300 02/20/2027 362202500 USTREA58 AGENCY OBLIGATIONS GN M A PARTN CERT POOL 11783795 03/15/2028 383750004 USTREAS 8 AGENCY OBLIGATIONS G N MAGTD REM ICPASSTHRU C M 0 SER 200847 CL PC 11/16/2037 383761521 USTREAS 8 AGENCY OBLIGATIONS 0 NM A STD REM IC PASS THRU C MOSER 20104 CL ID 01/16/2039 3837682E6 US TREAS& AGENCY OBLIGATIONS 99 M A GTO 91 M I C PASS THRU CMOSER201019 CLUA 07/16/2039 38377LFC7 US TREA58 AGENCY OBLIGATIONS 0 NINA GTD RE MIC PASS THRU 0005E02010116 CL NE 12/20/2039 383779049 US TREA58 AGENCY OBLIGATIONS GNMAGTDREMIC PASSTHRU CMOSER201/1802.09 08/20/2040 383784000 U5 TREAS B AGENCY OBLIGATIONS GNMAGTDRE M I 0 PASS THRU CMOSER201295 CL AD 08/20/2027 383782207 US TREA58 AGENCY OBLIGATIONS GNMAGTDREMICPA55THRU 1000102013471510 12/20/2040 383786W09 US TREAS & AGENCY OBLIGATIONS 59MAO 041010 PASSTHRU CM OS10201396070 10/16/2041 383788145 09701098 AGENCY OBLIGATIONS 09 MA GTD 9 E M I 0 PASS THRU CM 0SER 201311615MA 12/16/2041 917828609 US TREAS & AGENCY OBLIGATIONS US TREASURY NOTE 2.12505/15/2022 05/15/2022 912828986 USTREAS S AGENCY OBLIGATIONS US TREASURY NOTE 150001/31/2022 01/31/2022 912828243 US TREAS & AGENCY OBLIGATIONS U S TREASURY NOTE 1.]50 02/28/2022 02/28/2022 9128282.67 US TREA58 AGENCY OBLIGATIONS US TREASURY NOTE 175009/30/2022 09/30/2022 917828700 US TREA5 & AGENCY OBLIGATIONS US TREASURY NOTE 1.37510/15/2022 10/15/2022 912828770 US TREA58 AGENCY OBLIGATIONS 050100000502/ 1]5012/31/2024 12/31/2024 912828205 US TREA5 & AGENCY OBLIGATIONS U S TREASUR/ NOTE 0.500 03/15/2023 03/15/2023 912828ZF0 USTREA58 AGENCY OBLIGATIONS US TREASURY NOTE 0.50003/31/2025 03/31/2025 912828ZRIF US TREA58 AGENCY OBLIGATIONS 3S TREASURY NOTE 0.12505/15/2023 05/15/2023 912820086 US TREAS& AGENCY OBLIGATIONS US TREASURY NOTE 01 25 10/15/2023 10/15/2023 912820838 US TREA58 AGENCY OBLIGATIONS USTREASURY NOTE 0.12512/15/2023 12/15/2023 912820104 US TREASB AGENCY OBLIGATIONS US TREASURY NOTE 0.26006/15/2024 06/15/2024 IIYl-- aaalfiai \001 Call al Cost Nate 1,566.23 100733.11 115581 90 9441046 8,829 50 32059.84 27,832 33 61670.65 222,333 02 33854.27 65,665.12 187438.04 74266.01 160408.36 192,623.63 32589.63 401428 79 5817.58 192,664.23 37,542.15 208,191.90 91521.87 26,701 26 193397.17 109,391 97 86558 70 40,509.85 195,713.94 8515842 221223.11 237,872 90 15499711 11,28150 80918.20 23231.72 6870970 15,837.92 16,664.83 16481.36 Base Net Total Unrealized S&P Moody Rase Markel Value Gain/Loss Coo On Yield Rahn Ratio 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 ROTC 2017 TIFIA RAMP UP FD 240907020 9121 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FO 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 7017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 7017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FO 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP 20 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FO 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIM RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 7017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD oval no13 02/01/2013 02/01/2013 05/07/2013 05/01/2013 06/01/2013 08/01/2013 11/01/2013 03/01/2014 02/01/2014 04/01/2014 09/01/2014 12/01/2014 06/01/2015 11/01/2015 06/01/2016 01/13/2012 08/01/2012 11/01/2015 05/01/2018 04/01/2015 03/01/2003 05/01/2018 06/01/2013 07/01/2020 02/01/2021 10/01/2016 06/01/2020 07/01/2020 12/01/2020 02/01/2021 05/01/2012 04/01/2013 07/01/2013 08/01/2013 02/01/2015 06/01/2015 01/01/2012 02/01/2012 07/01/2013 06/01/2008 01/01/2010 02/01/2010 09/01/2010 02/01/2011 08/01/2012 03/01/2013 06/01/2013 08/01/2013 05/15/2019 02/02/2015 03/02/2015 09/30/2015 10/15/2019 12/31/2019 03/16/2020 03/31/2020 05/15/2020 10/15/2020 12/15/2020 06/15/2021 1:588.07 100300.00 114,183.98 96338.57 8,961.11 31 971.28 28,073.59 60629.79 209000.00 34282.81 6458201 175000.00 72,000.99_ 150000 00 18471236 32539.29 400000 00 5790.08 181102.13 3533370 199,68495 91,170.50 25247.59 184768.27 104,477.84 81320.30 38,794.25 189,520.68 81,30257 214,13942 230,13578 149418.06 10,87261 78756.88 22,420.29 66,07459 15,307.96 18,691.57 19,272.20 47,490.36 48,74640 5,178.56 5266.00 28,428.28 29385.42 12,114.95 1242152 8686.80 8,766.60 583516 691243 4352595 44109.66 851144 8405.05 4,020.64 3771.86 2919672 28142.89 40,000.00 40,273.33 1,225,000 00 1,233915 61 1365000.00 1376338.22 725300 00 727595 07 815000.00 818838.85 615,000.00 639,86452 865,000.00 869,242.72 705000.00 703292.58 855000.00 85328672 1,10000000 1,097,732.83 670000.00 667600 78 550,00000 54755078 15452694.78 15,659.003.34 1,58791 102073.00 116,231 30 97.518.52 9009.59 180 09 1 .]85 32,055.36 (448) 1.400 1.396 28,389 98 55765 _ 2.778 2 747 61,626.54 (44.111 2.000 1.968 221,64032 (692.70) 3490 3.291 34.85053 996.26 2.000 1.967 66,314.10 64099 2500 2635 186,763.50 1674.541 3.303 3.095 74,26830 229 2720 2.637 159,753.00 /655.361 2770 2601 191,969.71 (685.66) 2802 2696 32.728.99 13936 2.183 2.170 402616.00 1,18721 2.375 2360 AA+ AAA 5,829.05 11.47 3.023 2.944 N/A N/A 195045.18 238395 3.500 3.250 38.004.56 462.41 3.500 3.226 N/A N/A 209683.18 1491.28 2.500 2 381 N/A N/A 93.501.73 1979.86 5.500 5363 N/A N/A 26,76574 6548 3.000 2830 900 N/A 192.69298 (700.22) 2.500 2.397 N/A N/A 109.257.70 (134.27) 2.500 2391 01/0 N/A 85478.21 (1080.491 3.000 2854 N/A N/A 40,58593 77.08 2500 2.390 9/0 N/A 195.342.76 (371.181 2.000 1.940 9/A N/A 86,489.67 133125 3.000 2.820 N/A 9/0 220.71778 (505.33) 2.000 1940 N/A N/A 237,20665 (667.35) 2000 1.940 9/0 N/A 157,113.09 2116.71 3.000 2853 N/A N/A 11,43103 14953 3000 2.853 N/A N/A 82.805.77 1887.57 3.000 2.853 23,36105 129.33 2.500 2.399 N/A N/A 69,864.63 1154.93 3.000 2837 N/A N/A 16.143.93 306.01 3.000 2.845 N/A N/A 17,516.90 635.54 3.000 2.854 N/A N/A 19,64746 375.26 3.000 2.854 N/A N/A 49,475.93 729.53 2.500 2.400 N/A N/A 2168 1,749 133989 2.682 (35033) 1.750 3,108.06 2.522 1.749 2.628 1719 2 4 177845 N/A AAA N/A AAA N/A N/A N/A N/A N/A N/A N/A N/A N/A AAA N/A N/A AAA N/A N/A N/A N/A N/A N/A 5/0 N/A N/A 14/A N/A N/A N/A AAA N/A 5,23899 (27.01) 5.000 4.942 N/A N/A 29.474.72 89.30 3.000 2.893 N/A N/A 12,58925 16773 4.000 3849 N/A N/A 8,742.13 (2447) 2.500 2484 N/A N/A 6,98280 7037 3.000 2937 N/A N/A 44.23455 12488 1.500 1.476 N/A N/A 8601,66 196.61 1500 1.484 N/4 N/A 4.029.45 257.59 1400 1.397 N/A N/a 29,963.72 1,82383 2250 2.192 9/0 N/A 40.51240 239.07 2125 2.098 N/A AAA 1,230,89225 /3023361 1500 1493 N/A AAA 1.374.595.95 (1742.27) 1.750 1.738 N/A AAA 73706400 979325 1750 1721 9/A AAA 825700.95 6862.10 1.375 1.357 N/A AAA 638,087.10 (1,777.42) 1.750 1587 N/A N/A 869,091.45 (151.27) 0.500 0498 N/A AAA 701,087 25 (2215.33) 1500 0.503 N/A AAA 853.768.80 482.08 0.125 0.125 14/6 AAA 1096,05100 (1,68183) 0.125 0.125 N/4 AAA 666.85770 (743.08) 0.125 0126 N/A AAA 546,947 50 (603.28) 0.250 0.251 N/A AAA 15.692.051.58 33.34218 447 Page 100 of 135 ATTACHMENT 7 RCTC RIVERSIDE COUNTY TRANSPORTATION Sot r. g d A 011 TIFIA RAM1 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transaction Date Trade Date Settlement Date CUSTP 021 DO Description TO Units' Price Short Term Long Term Net Cash Federal Tax Cost Gain/Loss Gain/Loss Amount Amount Amount Amount 2 89 0 00 07/01/2021 SHARES DUE 6/30/2021 INTEREST FROM 6/1/21 TO 6/30/21 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/01/2021 912828J43 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750% 2/28/22 0.0000 0.000000 -1,608.53 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/06/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 6/15/21; 313746247 0.0000 0000000 -1,207.21 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/06/2021 3137A6Z47 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 4.500% 1/15/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.23 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/06/2021 06/15/2021 07/06/2021 313746Z47 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 4.500%1/15/41 -1207.2000 0.000000 1207.20 -1,259.79 -52.59 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/13/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,128.88 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/13/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,128.88 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/13/2021 3137EAD82 INTEREST EARNED ON F H L M C M T N 2.375% 1/13/22 $1 PV ON 400000.0000 SHARES DUE 7/13/2021 0.0000 0.000000 4,750.00 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO :07/13/2021. 3137EADB2 AMORTIZED PREMIUM ON F H L M C M T N 2.375% 1/13/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1,417.07 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -2,113.77 0.00 0.00 0.00 240907020. RCTC 2017 TIFlA RAMP UP FO 07/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 2,113.77 0:00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3128MENS6. AMORTIZED PREMIUM ON F H L M C GD G15601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.27 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3128MENS6 INTEREST EARNED ON F H L M C GD G15601 2.500% 1/01/29 $1 PV ON 30.1500 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 30.15 0.50 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3128MENS6 PAID DOWN PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 JUNE FHLMC DUE 7/15/21 -434.5600 0.000000 434.56 -450.81 -16.25 0.00 240907020 RCTC 2017 TIRA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD 018571 2.500% 10/01/30 JUNE FHLMC DUE 7/15/21 -7,091.8700 0.000000 7,091.87 -7,399,55 -307,68: 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3128MMT52 INTEREST EARNED ON F H L M C GD G18571 2.500% 10/01/30 $1 PV ON 452.0900 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 452.09 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/1572021. 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD G18571 2.500% 10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.0.0 -192.79 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.80 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021. 3128MMUL5 INTEREST EARNED ON F H L M C GD G18586 2500% 2/01/31 51 PV ON 37.3000 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 00000 0.000000 3730 0,00 000 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C GD G18586 2.500% 2/01/31 JUNE FHLMC DUE 7/15/21 -556,5500 0.000000 556.55 -582.82 -26.27 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.0005 7/01/30 JUNE FHLMC DUE 7/15/21 -2,318.16000 0.000000 2,318.60 -2,47051 -151;91 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -118.31 0.00 0.00 240907020 RCTC 2017 TIRA RAMP UP FD 07/15/2021. 313079P40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 204.3500 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0:0000 0.000000 204.35 0:00 :0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 31307NTZ7 INTEREST EARNED ON F H L M C GD J32368 2.500% 11/01/28 $1 PV ON 148.2600 SHARES DUE 7/15/2021 JUNE FHLMC DUE 7/15/21 0.0000 0.000000 148.26 0.00 0.00 0.00 240907020 RCTC 2017 TIRA RAMP UP FD 07/15/2021 31307NTZ7 AMORTIZED PREMIUM ON F H L M C GD J32368 2.500%11/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 74.21 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 31307NTZ7 PAID DOWN PAR VALUE OF F H L M C GD J32368 2 500% 11/01/28 JUNE FHLMC DUE 7/15/21 -1,680.2400 0.000000 1,680.24 -1,750.39 -70.15 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 49.1200 SHARES DUE 7/15/2021 $0.00125/PV ON 39,298.36 PV DUE 7/15/21 0.0000 0.000000 49.12 0:00 0.00 0.00 _ 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500% 5/15/27 -1,062.1800 0.000000 1,062.18 -1,079.04 -16.86 0.00 240907020 RCTC 2017 TIFIA RAMP UP PD 07/15/2021 3137AQQE1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.07 :0.00 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137ARVU7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.000% 8/15/38 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.25 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137AR957 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 3.000% 8/15/38 1,210.7000 0.000000 1,210.70 -1,223.67 '0:00 1297 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137ARVU7 INTEREST EARNED ON F H L M C MLTCL MTG 3.000% 8/15/3851 PV ON 3.0300 SHARES DUE 7/15/2021 $0.00250/PV ON 1,210.72 PV DUE 7/15/21 0.0000 0.000000 3.03 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137AWWM3 INTEREST EARNED ON 0 H L M 0 MLTCL MTG 1.250% 12/15/27 $1 PV ON 22.4600 SHARES DUE 7/15/2021 $0.00104/PV ON 21,564.95 PV DUE 7/15/21 0.0000 0.000000 22.46 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137AWWM3 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.250%12/15/27 0.0000 0.000000 0.00 -7.48 0.00 0.00 CURRENT YEAR AMORTIZATION 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137AWWM3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.250% 12/15/27 -618.4700 0.000000 618.47 -625:29 -6.82 0.00 448 Page 101 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Trade Date Settlement Date CUSFP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFlA RAMP UP FD 07/15/2021 3137AYSH5 INTEREST EARNED ON F H M C MLTCL MTG 1.750%..12/15/42 $1 PV ON 56.8200 SHARES DUE 7/15/2021 $0.00146/PV ON 38,960.62 PV DUE 7/15/21 0.0000 0.000000 56.82 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.84 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137AYSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -923.4600 0.000000 923.46 -943.79 -20.33 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137B2Z78 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.400% 7/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -12.04 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/15/2021 313782Z78 INTEREST EARNED ON F H L M 0 MLTCL MTG 1.400% 7/15/23 $1 PV ON 49.4400 SHARES DUE 7/15/2021 $0.00117/PV ON 42,381.29 PV DUE 7/15/21 0.0000 0.000000 49.44 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021: 07/15/2021 313782278 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.400% 7/15/23 -3,323.3600 0-000000 3,323.36 -3,334.38 -11,02 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137045W2 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.750% 9/15/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -8.94 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137845W2 INTEREST EARNED ON F H L M C MLTCL MTG 2.750% 9/15/30 01 PV ON 101.1400 SHARES DUE 7/15/2021 00.00229/PV ON 44,134.34 PV DUE 7/15/21 0.0000 0.000000 101.14 0.00 BOA➢^ 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137045W2 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.750% 9/15/30 -11,480.3800 0.000000 11,480.38 -11,578.69 -98.31 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137B6DF5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.000% 11/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -49.37 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3137660E5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 $1 PV ON 117.3000 SHARES DUE 7/15/2021 $0.00167/PV ON 70,377.42 PV DUE 7/15/21 0.0000 0.000000 117.30 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/18/2021 07/15/2021 3137B6DF5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 11/15/26 -3,202:8000 0.000000 3,202.80 -3,26227 -59.47 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 313768403 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 2/15/29 $1 PV ON 67.9700 SHARES DUE 7/15/2021 $0,00167/PV ON 40,779 17 PV DUE 7/15/21 0.0000 0.000000 67.97 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 3137B8453 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 2/15/29 -1,957.3400 0.000000 1,957.34 -1,932:87 .0.00 24.47 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 313769RN7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500%12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10.64 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 313789RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500%12/15/27 $1 PV ON 36.9800 SHARES DUE7/15/2021 $0.00208/PV ON 17,748.20 PV DUE 7/15/21 0.0000 0.000000 36.98 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 313789RN7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -691.3600 0.000000 691.36 -704.71 -13.35 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 31394KJP0 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 4.500% 10/15/23 -2,262.1200 0.000000 2,262.12 -2,325.00 -62,88 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 31394KJP0 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 4.500% 10/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -75.53 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 31394KJP0 INTEREST EARNED ON F 9 L M C MLTCL MTG 4.500% 10/15/23$1 PV ON 135.5300 SHARES DUE 7/15/2021 $0.00375/PV ON 36,140.42 PV DUE 7/15/21 0.0000 0.000000 135.53 0.00 0.00 0.00 240907020 RCTC 2017 TIRA RAMP UP FD 07/15/2021 36176X068 INTEREST EARNED ON G N M A #779250 3.000% 5/15/27 $1 PV ON 410.8400 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 410.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 361760088 AMORTIZED PREMIUM ON G N M A #779250 3.000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -207.77 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 36176X088 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 JUNE GNMA DUE 7/15/21 -6,036.9000 0.000000 6,036.90 -6,277.57 -240.67 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 36178NB99 PAID DOWN PAR VALUE OF G N M A #AB2764 2.500% 8/15/27 JUNE GNMA DUE 7/15/21 -673.1200 0.000000 673.12 -677.40 0.00 -4.28 240907020 RCTC 2017TIFIA RAMP UP FD 07/15/2021 36178N899 AMORTIZED PREMIUM ON G N M A #8132764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.08 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 36178NB99 INTEREST EARNED ON G N M A #AB2764 2.500% 8/15/27 $1 PV ON 45.2300 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 45.23 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3620ARB67 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.47 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 3620ARB67 INTEREST EARNED ON G N M A #737261 4.000% 5/15/25 $1 PV ON 38.5000 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 38.50. 0.00 0.00 000 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 362089867 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JUNE GNMA DUE 7/15/21 -486.3500 0.000000 486.35 -489.11 0.00 -2.76 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 07/15/2021 07/15/2021 362282000 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JUNE GNMA DUE 7/15/21 -1930.5700 0.000000 1,930:57 -0006 0.00 -54.02 240907020 RCTC 2017 TIFIA RAMP UP FD 07/15/2021 362282000 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -40,33 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/15/2021 3622825C0 INTEREST EARNED ON G N M A #783795 2500% 3/15/2801 PV ON 110.2900 SHARES DUE 7/15/2021 JUNE GNMA DUE 7/15/21 0.0000 0.000000 110.29 0:00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 165.97 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 8.000000 165:97 0,00 0.00 0.00 449 Page 102 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Account Transaction Date Trade Date Settlement Date CUSH' 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38375XCM4 AMORTIZED PREMIUM ON G N M A GTD REMIC 5,000% 11/16/37 0.0000 0.000000 0.0D -2.86 0.00 0.00 CURRENT YEAR AMORTIZATION 0.000000 0.000000 33.32 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38375XCM4 INTEREST EARNED ON 0 N M A GTO REMIC 5.000% 11/16/37 $1 PV ON 33.3200 SHARES DUE 7/16/2021 $0.00417/PV ON 7,997.80 PV DUE 7/16/21 0.0000 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 07/16/2021 07/16/2021 38375XCM4 PAID DOWN PAR VALUE OF G N M A GTO REMIC 5.000% 11/16/37 -945.2300 945.23 -961.87 0.00 -16.64 240907020 RCTC 2017 TIFlA RAMP UP FD 07/16/2021 38376V2E6 INTEREST EARNED ON G N M A GTD REMIC 4.000% 7/16/39 S1 PV ON 44.5100 SHARES DUE7/16/2021 $0.00333/PV ON 13,351 60 PV DUE 7/16/21 0.0000 0.000000 44,51 0,00 0.00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38376V2E6 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 7/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.96 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 07/16/2021 07/16/2021 38376V2E6 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 7/16/39 420.9400 0.000000 420.94 ,432:03 i0,00i -11.09 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38378KWU9 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 51 PV ON 4.8900 SHARES DUE 7/16/2021 $0.00117/PV ON 4,194.76 PV DUE 7/16/21 0.0000 0.000000 4.89 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 07/16/2021 07/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -57.9000 0.000000 57.90 -54.32 0.00 3.58 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2.250% 12/16/41 51 PV ON 60.3600 SHARES DUE 7/16/2021 $0.00188/PV ON 32,191 42 PV DUE 7/16/21 0.0000 0.000000 60.36 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 07/16/2021 07/16/2021 38378VC45 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2250%12/16/41 -1,013.3100 0.000000 1,013.31 -976.74 0.00 36.57 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.17 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2500% 2/16/41 $1 PV ON 19.8600 SHARES DUE 7/16/2021 $0.00208/PV ON 9,531.30 PV DUE 7/16/21 0.0000 0.000000 19.86 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/16/2021 07/16/2021 07/16/2021 38379JM99 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 -5,359.0600 0.000000 5,359.06 -5,363.78 -4.72 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -699.97 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 699.97 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 313413V6H6 INTEREST EARNED ON F N L M C M T N 0.320%1.0/20/2251 PV ON 125000.0000 SHARES DUE 7/20/2021 0.0000 0.000000 200.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 3134GV6H6 ACCREDITED DISCOUNT ON F H L M C M T N 0.320%10/20/22 CURRENT YEAR MARKET DISCOUNT 0.0000 0.000000 0.00 12.50 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #MA0825 2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00 -3:71 10.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179M4J6 INTEREST EARNED ON G N M A II #MA0825 2.500% 3/20/28 51 PV ON 38.5800 SHARES DUE 7/20/2021 P &I DUE 07/20/21 0.0000 0.000000 38.58 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 36179M4J6 PAID DOWN PAR VALUE OF GN M A I I #MA0825 2.500% 3/20/28 P & I DUE 07/20/21 -675.7700 0.000000 675.77 -580.74 0:00 -4.97 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A I I #MA0909 3.000% 4/20/28 JUNE GNMA DUE 7/20/21 -444.1900 0.000000 444.19 -461.90 0.00 -17.71 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179NAJ7 INTEREST EARNED ON G N M A I I #MA0909 3.000% 4/20/28 $1 PV ON 30.0700 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 30.07 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A I I #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.43 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A I I #MA1134 3.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 ammo 000 -6821 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/20/2021 36179NHK7 INTEREST EARNED ON G N M A I I #MA1134 3.000% 7/20/28 51 PV ON 216.1500 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 -2,550.5500 0.000000 0.000000 216.15 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 .07/20/2021: 07/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #M411343.000% 7/20/28. JUNE GNMA DUE 7/20/21 2,550.55 -2,624.59 30:00 -74.04 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #1441202 2.500% 8/20/28 JUNE GNMA DUE 7/20/21 -641.0200 0.000000 641.02 -665.49 -24.47 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A II #MA1202 2.500% 8/20/28 CURRENT YEAR AMORTIZATION 011000 0.000000 0.00 -24.33 [010➢^ 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 51.4200 SHARES DUE7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 51.42 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179852A8 AMORTIZED PREMIUM ON G N M A I I #MA2569 3.000% 2/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 :0.00 -71.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 3617902,88 INTEREST EARNED ON G N M A I I #MA2569 3.000% 2/20/30 $1 PV ON 184.4700 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 184.47 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 361790248 PAID DOWN PAR VALUE OF G N M A I I #MA2569 3.000%. 2/20/30 JUNE GNMA DUE 7/20/21 -2,504.0900 0.000000 2,504.09 -2180@/82 0.00, -104.73 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 36179RFD6 PAID DOWN PAR VALUE OF G N M A I I #MA2864 3.000% 6/20/30 JUNE -446.5200 0.000000 446.52 -462.71 0,00 -16.19 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 361790F06 AMORTIZED PREMIUM ON GNMA II #MA2864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1354 000 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36179RFD6 INTEREST EARNED ON GNMA II #MA2864 3.000% 6/20/30 51 PV ON 0.0000 0.000000 41.82 0.00 0,00 0.00 41.8200 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 450 Page 103 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Trade Date Settlement Date CUSD' Descripti... Units Price Net Cash Amount Federal Tax Cost Amount Short Term Cain/Loss Amount Long Term Gain/Loss Amount _ - -' - �x7Riltpt Transaction Date 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A 11 #00527 6 3.000`%. 1!202% CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.0D -8.65 0.00 0.00 0.00 0.00 0.00 0.00 _ -7.57 240907020 RCTC 2017 T1FIA RAMP UP FD 07/20/2021 36202F2H8 INTEREST EARNED ON G N M A I I #005276 3.000% 1/20/27 $1 PV ON 46.5800 SHARES DUE 7/20/2021 P & I DUE 07/20/21 0-0000 0.000000 46.58 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021. 07/20/2021 07/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G 6 M A 115005276 3.000% 1/20/27 P& 1 DUE 07/20/21 -543.3500 0.000000 543.35 -550.92 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 36202F3H7 PAID DOWN PAR VALUE OF G N M A I I #005300 3.000% 2/20/27 JUNE GNMA DUE 7/20/21 -668.8800 0.000000 668.88 -691.12 0.00 -22.24 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 362029367 AMORTIZED PREMIUM ON G N M A 1141005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2268 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 36202F3H7 INTEREST EARNED ON G N M A I I #005300 3.000% 2/20/27 $1 PV ON 51.7800 SHARES DUE 7/20/2021 JUNE GNMA DUE 7/20/21 0.0000 0.000000 51.78 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/07/2021 383742C76 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 4.000% 8/16/37 0.0000 0.000000 -20.47 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/07/2021 383742C76 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 4.000% 8/16/37 0.0000 0.000000 19.44 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 383742C76 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 8/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 5.55 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 383742C76 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 8/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -5.46 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/02/2021 06/07/2021 383742076 SOLD -REV PAR VALUE OF G N M A GTD REMIC 4.000% 8/16/37 /MILLENNIUM ADVISORS, LLC/30,709.59 PAR VALUE AT 102.07814562 30,709.5900 1.020781 -31,347.78 31,073.38 0.00 -274.40 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/02/2021 06/07/2021 383742C76 SOLD PAR VALUE OF 0 N M A GTE REMIC 4.000% 8/16/37 /MILLENNIUM ADVISORS, LLC/29,159.84 PAR VALUE AT 102.07813212 -29,159.8400 1.020781 29,765.82 -29,505.37 0.00 260.45 240907020 RCTC 2017 TIFIA RAMP UP 9D 076207200.1 38377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 $1 PV ON 30.7900 SHARES DUE 7/20/2021 $0.00208/PV ON 14,778.23 PV DUE 7/20/21 0.0000 0.000000 30.79 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.40 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 38377LFC7 PAID DOWN PAR VALUE OF G. N M A GTD REMIC 2.500%12/20/39 -2,333.2800 0.000000 2,333.28 2,35550 22.22 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 383770KH9 PAID DOWN PAR VALUE. OF G N M A GTD REMIC 3.000% 8/20/40 -630.2500 0.000000 630.25 -637.63 0.00 -7.38 240907020 RCTC 2017-1191A RAMP UP FG 0.7/2012021 383779669 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 8/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.66 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 383779669 INTEREST EARNED ON G N M A GTD REMIC 3.000% 8/20/40 $1 PV ON 21.2800 SHARES DUE 7/20/2021 $0.00250/PV ON 8,512.51 PV DUE 7/20/21 0.0000 0.000000 21.28 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500%:8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0000000. 0.00 -2256 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 60.1400 SHARES DUE 7/20/2021 $0.00125/PV ON 48,113.53 PV DUE 7/20/21 0.0000 0.000000 60.14 0.00 0.00 0.00 240907020 RCTC 2017 TIF1A RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 38378HAU0 PAID DOWN PAR VALUE OF 0 N M A GTE REMIC 1.500% 8/20/27 -1,501.0200 0.000000 1,501.02 1,522.56 -21.54 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/01/2021 06/04/2021 38378HXH4 SOLD -REV PAR VALUE OF G N M A GTD REMIC 1.250% 9/16/27 /MILLENNIUM ADVISORS, LLC/3,690.77 PAR VALUE AT 99.78134644% 3,690.7700 0.997813 -3,682.70 3,575.86 0.00 -106.84 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/01/2021 06/04/2021 38378HXH4 SOLD PAR VALUE OF G N M A GTE REMIC 1.250% 9/16/27 /MILLENNIUM ADVISORS, LLC/3,585.3 PAR VALUE AT 99.78132932 -3,585.3000 0.997813 3,577.46 -3473.67 0.00 103.79 240907020 RCTC 2017 TIFIA RAMP UP FO 07/20/2021 06/04/2021 38378HXH4 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 1.250% 9/16/27 0.0000 0.000000 0.37 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 06/04/2021 38378H0H4 RECEIVED ACCRUED INTEREST ON SALE OF G M A GTD REMIC 1.250% 9/16/27 0,0000 0.000000 -0.38 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 07/20/2021 07/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTE REMIC 1.500% 12/20/40 -382.0100 0.000000 382.01 -377.24 0.00 4.77 240907020 RCTC 2017 TIFIA RAMP UP FD 07/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 51 PV ON 120500 SHARES DUE 7/20/2021 $0.00125/PV ON 9,640.36 PV DUE 7/20/21 0.0000 0.000000 12,05 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/21/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 284.12 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/21/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -284.12 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FE 07/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -9,808.42 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 9,80E_42 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3131X8367 PAID DOWN PAR VALUE OF F H L M C #ZK5300 2.500% 4/01/28 JUNE FHLMC DUE 7/25/21 -8,4622300 0.000000 8,462.23 -8,795.04 -332.81 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021. 3131X8367 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 $1 PV ON 408.1300 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 408.13 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3131X83H7 AMORTIZED PREMIUM ON F H L M 0 #Z65300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -206.93 0.00 0.00 451 Page 104 of 135 S RCTC [D RIVERSIDE COUNTY TRANSPORTATION kR1'llmt PIA RAK 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transaction Date Trade Date Settlement Date CUSH' 26 INTEREST EARNED ON F H Description 757403 5/01/31 PV O Units Price 0 nnnnnn Short Term Long Term Net Cash Federal Tax Cost Cain/Loss Gain/Loss Amount Amount Amount Amount 0 00 D0 V _,._ 07/26/2021 V 1654800 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 V V V V V V V V V 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 3132A8GL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -83.98 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3132880L7 PAID DOWN PAR VALUE OF F H L M C #207403 3.000% 5/01/31 JUNE FHLMC DUE 7/25/21 -1,767.5400 1000000 1,767 54 -1;876:45 -108.91 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3132A9QE0 PAID DOWN PAR VALUE OF F H L M C #ZS8553 2.500% 2/01/30 JUNE FHLMC DUE 7/25/21 -29241700 0.000000 2,924.17 -3,026.56 0.00 -10239 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132890E0 INTEREST EARNED ON F H L M C #ZS8553 2.500% 2/01/3D $1 PV ON 178.3700 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 178.37 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/26/2021 3132A9QE0 AMORTIZED PREMIUM ON F H L M C #ZS8553 2.500%2/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -65.41 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132A9SM0 INTEREST EARNED ON F H L M C #258624 2.500% 10/01/31 $1 PV ON 109.4500 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 109.45 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132A9SM0 AMORTIZED PREMIUM ON F H L M C #Z58624 2,500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.73 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3132A95M0 PAID DOWN PAR VALUE OF F H L M C #ZS8624 2.500%10/01/31 JUNE FHLMC DUE 7/25/21 -1,805:5800 0.000000 1,605 58. -1,870791 0.00 -65.33 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500% 1/01/33 JUNE FHLMC DUE 7/25/21 -1,164.6300 0.000000 1,164.63 -1,261.97 -97.34 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 07/26/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 126.8000 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 0.000000 126:80', 0:100 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -74.61 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132AEFC5 INTEREST EARNED ON F H L M C #271963 3.500% 11/01/30 $1 PV ON 255.1100 SHARES DUE 7/25/2021 JUNE FHLMC DUE 7/25/21 0.0000 1000000 255,11: 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -133.91 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H LM 0 #ZT1963 3.500%11/01/30 JUNE FHLMC DUE 7/25/21 -2,314.5200 0.000000 2,314:52:. -2,464.17 -149.65 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3133Q50Z3 PAID DOWN PAR VALUE OF F H L M 0 GTD REMIC 1.000% 9/25/33 -2,061.4100 0.000000 2,061.41 -2,086.48 -25.07 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 313305023 INTEREST EARNED ON F H L M C GTD REMIC 1,000% 9/25/33 $1 PV ON 56.1500 SHARES DUE 7/25/2021 $0.00083/PV ON 67,375.53 PV DUE 7/25/21 0.0000 0.000000 56.15 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3133Q50Z3 AMORTIZED PREMIUM ON F H L M 0 GTD REMIC 1.000% 9/25/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.58 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A72D3. INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 10.9400 SHARES DUE 7/25/2021 $0.00207/PV ON 5,290.26 PV DUE 7/25/21 0.0000 0.000000 10.94 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 5290.2600 SHARES DUE7/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.09 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A72D3. AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.93 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136A72D3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -57.3300 0.000000 57.33 -57.42 0.00 -0.09 240907020. RCTC 2017 TIFlA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136A7D25 PAID DOWN PAR VALUE OF F N. M A GTD REMIC 3.000% 7/25/41 -3,110.1500 0.000000 3,110.15 -3,142:82 -32.67 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A7D25 AMORTIZED PREMIUM ON F N M A GTD REMIC 3.000% 7/25/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.84 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 313647D25 INTEREST EARNED ON F N M A GTD REMIC 3.000% 7/25/41 $1 PV ON 94.8700 SHARES DUE 7/25/2021 $0.00250/PV ON 37,946.84 PV DUE 7/25/21 0.0000 0.000000 94.87 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A8SX9 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10.05 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A8SX9 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 $1 PV ON 23.7700 SHARES DUE 7/25/2021 $0.00125/PV ON 19,016.70 PV DUE 7/25/21 0.0000 0.000000 23.77 000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136A83X9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -779.1900 0.000000 779.19 -791.93 -12.74 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136A96F0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.183% 11/25/22 -6,509.1800 0.000000 6,509.18 -6,30$:07 0.00 200.11 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136A96F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/22 $1 PV ON 38415.7800 SHARES DUE 7/25/2021 PENALTY PAYMENT 0.0000 0.000000 31.51 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/25/2.021. 3136496F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/2231 PV ON 69.9200 SHARES DUE 7/25/2021 $0.00182/PV ON 38,415.78 PV DUE 7/25/21 0.0000 0.000000 69.92 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 07/26/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000%11/25/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.22 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/„2512,021x: 3136A0NZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 $1 PV ON 37.3300 SHARES DUE 7/25/2021 $0.00167/PV ON 22,397.97 PV DUE 7/25/21 11 r,. 0.0000 1000000 37.$3 0.00 0.00 0.00 Page 105 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account _ - ' .Account Transaction Date Trade Date Settlement Date CUSTP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Cain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -856.8400 0.000000 0.000000 856.84 -872.36 -15.52 0.00 0.00 1.09 0.00 0.00 0.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% 3/25/23 -66.2500 66.25 -65.16 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2.533% 3/25/23 $1 PV ON 61.2400 SHARES DUE 7/25/2021 $0.00211/PV ON 29,084.04 PV DUE 7/25/21 0.0000 0.000000 61.24 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.55 240907020 240907020 RCTC 2017TIFIA RAMP UP FD 07/26/2021 313655250 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 50.5100 SHARES DUE 7/25/2021 $0.00104/PV ON 48,491.49 PV DUE 7/25/21 0.0000 -1,316.8700 0.000000 50.51 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136ADZA0 PAID DOWN PAR VALUE OFF N M A GTD REMIC 1.250% 4/25/28 0.000000 1,316.87 -1,330.86 -13.99 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -6729300 0.000000 672.93 -684.93 -12.00 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AEY84 INTEREST EARNED ON F N M A GT5 REMIC 1.750% 7/25/28 $1 PV ON 31.1400 SHARES DUE7/25/2021 $0.00146/PV ON 21,355.16 PV DUE 7/25/21 0.0000 0.000000 31..14 000 0.00 240907020 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -11.12 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AMM48 INTEREST EARNED ON 0 N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 51760.6000 SHARES DUE 7/25/2021 PENALTY PAYMENT 0.0000 0.000000 0:04 0.00 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 108.2200 SHARES DUE 7/25/2021 $0.00209/PV ON 51,760.60 PV DUE 7/25/21 0.0000 0.000000 108.22 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136AMM48 PAID DOWN PAR VALUE OFF N M A GTD REMIC 2.509% 7/25/22 -1,937.6300 0.000000 1,937,63 -1,891.61 0.00 46:02 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -43:45 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3136AQZK9 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/31 $1 PV ON 105.8200 SHARES DUE 7/25/2021 $0.00167/PV ON 63,491.03 PV DUE 7/25/21 0.0000 0.000000 10582. 0.00 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3136AQZK9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/31 -1,463.4900 0.000000 1,463.49 -1,505.76 -42.27 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 3137AH6C7 INTEREST EARNED ON F H L M C MLTCL MTG 3.230% 7/25/21 $1 PV ON 69.3200 SHARES DUE 7/25/2021 $0.00269/PV ON 25,755.03 PV DUE 7/25/21 0.0000 0.000000 69.32, 0,00 0,05 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137AH6C7 AMORTIZED PREMIUM 014014 L M C MLTCL MTG 3.230% 7/25/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.44 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137AJMF8 PAID DOWN PAR VALUE OFF H L M C MLTCL MT 29676% 10/25/21 -10,315.1400 0-000000 10,315.14 10080,89 10,00 34.25 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137AJMF8 INTEREST EARNED ON F H L M C MLTCL MT 2.9676%10/25/21 $1 PV ON 123.3000 SHARES DUE 7/25/2021 $0.00247/PV ON 49,859.27 PV DUE 7/25/21 0.0000 0.000000 123.30 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 196.9800 SHARES DUE 7/25/2021 $0.00198/PV ON 99,609.39 PV DUE 7/25/21 0.0000 0.000000 196.98 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -260.4100 0.000000 260.41 -253.22 0.00 7.19 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137AXHN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -2026.3000 0.000000 2,026.30 -1,998.44 0,00 27.86 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137AXHN6 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 11.1300 SHARES DUE 7/25/2021 $0.00146/PV ON 7,634.48 PV DUE 7/25/21 0.0000 0.000000 11.13 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2682%10/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -55.68 X0.00' 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 $1 PV ON 223.5000 SHARES DUE 7/25/2021 $0.00224/PV ON 100,000.00 PV DUE 7/25/21 0.0000 0.000000 223.50 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137B1U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 203.8300 SHARES DUE 7/25/2021 $0.00210/PV ON 96,982.93 PV DUE 7/25/21 0.0000 0.000000 203.83 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137B1U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -324.1800 0.000000 324.18 -318.68 0.00 5.50 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137B1UF7 INTEREST EARNED ON F H L M C MLTCL MTG 1.785% 9/25/22 $1 PV ON 17.4500 SHARES DUE7/25/2021 $0.00149/PV ON 11,728.27 PV DUE 7/25/21 0,0000 0.000000 17.45 0,00 0.00 0:00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137018F7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -949.3600 0.000000 949.36 -935.42 0.00 13.94 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -2,380.2300 0.000000 2,380.29 -2,359.78 0.00. 20.45 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 313703NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 81.1200 SHARES DUE 7/25/2021 $0.00231/PV ON 35,041.55 PV DUE 7/25/21 0.0000 0.000000 81.12 0.00 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 3137B7YY9 AMORTIZED PREMIUM ON F FILM C MLTCL MT 3.48996% 1/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -469.47 0.00 0.00 453 Page 106 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Trade Date Settlement Date CUSIP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 313787009 INTEREST EARNED ON F H M C MLTCL MT 3.48996% 1/25/24 $1 PV ON 607.8400 SHARES DUE 7/25/2021 $0.00291/PV ON 209,000.00 PV DUE 7/25/21 0.0000 0.000000 0.000000 607.84 481.69 0.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BDCW4 INTEREST EARNED ON F H L M C MLTCL MTG 3.303% 7/25/24 $1 PV ON 481.6900 SHARES DUE 7/25/2021 $0.00275/PV ON 175,000.00 PV DUE 7/25/21 0.0000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BDCW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.303% 7/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -360.87 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BFE80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -68.35 !0.00 _ 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BFE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/24 $1 PV ON 174.8400 SHARES DUE 7/25/2021 $0.00227/PV ON 77,131.97 PV DUE 7/25/21 0.0000 0.000000 174.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137BFE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.720% 8/25/24 -1,775.9100 0.000000 1,775.91 -1,835.03 0,00 -59.12 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31370J071 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.76997% 5/25/25 0.0000 0.000000 0.00 -310.51 0.00 0.00 CURRENT YEAR AMORTIZATION 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BJQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 346.2500 SHARES DUE 7/25/2021 $0.00231/PV ON 150,000.00 PV DUE 7/25/21 0.0000 0.000000 345 ,2 %. 0:00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -208.25 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 459.1000 SHARES DUE 7/25/2021 $0.00234/PV ON 196,617.18 PV DUE 7/25/21 0.0000 0.000000 459.10 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -4,123.7200 0.000000 4,123.72 -4,310.07 -186.35 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3137BQBY2 PAID DOWN PAR VALUE OFF H L M C MLTCL MT 218304% 5/25/22 -580.8200 0.000000 580.82 -581.95 0.00 -1.13 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 313700002 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.18304% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.56 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3137BQBY2 INTEREST EARNED ON F H L M C MLTCL MT 2.18304% 5/25/22 $1 PV ON 62.2400 SHARES DUE 7/25/2021 $0.00182/PV ON 34,212.86 PV DUE 7/25/21 0.0000 0.000000 62.24 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 07/26/2021 07/25/2021 07/26/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 P & I DUE 07/25/21 -4,323.1200 0.000000 4,323.12 -4,34821 0.00 -25.09 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9.45 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 46.3000 SHARES DUE 7/25/2021 P & I DUE 07/25/21 0.0000 0.000000 46.30 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22$1 PV ON 18509.5800 SHARES DUE 7/25/2021 7/25/21 PENALTY PYMT 0.0000 0.000000 44,33 0.0Q 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500% 11/01/30 $1 PV ON 0.0000 0.000000 580.80 0.00 0.00 0.00 580.8000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500%11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 X0.00. -316.07 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500%11/01/30 JUNE FNMA DUE 7/25/21 -5,436.9000 0.000000 5,436.90 -5,801.37 -364.47 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 JUNE FNMA DUE 7/25/21 -965.8600 0.000000 965.86 -1038,33 -72.47 000 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 0.0000 0.000000 110.30 0.00 0.00 0.00 110.3000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -64.39 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138WEMJ5 INTEREST EARNED ON F N M A #404860 2.500% 5/01/30 $1 PV ON 446.4800 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 446.48 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #AS4860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -203.15 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #AS4860 2.500% 5/01/30 JUNE FNMA DUE 7/25/21 -5,281.8100 0.000000 5,281.81 -5,516.96 -235.15 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 313850ZY7 PAID DOWN PAR VALUE OF F N M A 0401658 2.500% 7/01/28 JUNE FNMA DUE 7/25/21 -2,630.5300 0.000000 2,630.53 -2,732.84 -102.31 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3138X0ZY7 INTEREST EARNED ON F N M A #401658 2.500% 7/01/28 $1 PV ON 191.1300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 191.13 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31380OZY7 AMORTIZED PREMIUM ON F N M A #451658 2.500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9284 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31392J6N4 AMORTIZED PREMIUM ON F N M A GTD REMIC 5.500% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -52.01 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31392J6N4 INTEREST EARNED ON F N M A GTD REMIC 5.500% 4/25/23 $1 PV ON 541.5300 SHARES DUE 7/25/2021 $0.00458/PV ON 118,153.06 PV DUE 7/25/21 0.0000 0.000000 541.53 0:00 .0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 31392J6N4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 5.500% 4/25/23 -9,499.0000 0.000000 9,499.00 -9,543.60 0.00 -44.60 454 Page 107 of 135 S RCTC [D RIVERSIDE COUNTY TRANSPORTATION kRiltmt PIA R. 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transaction Date Trade Date Settlement Date CUSH' 26 Description INTEREST EARNED ON F N M A 500 /28 $1 PV ON Units Price 0 nnnnnn Short Term Long Term Net Cash Federal Tax Cost Cain/Loss Gain/Loss Amount Amount Amount Amount 90 0 00 V �V� 07/26/2021 V 432.9000 SHARES DUE 7/25/2021 JUNE FNMA DUE V7/25/21 V V 0.00 VVV 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 3140J83R2 AMORTIZED PREMIUM ON F N M A #8M4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 -213.46 0.00 240907020 RCTC 2017 TIRA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140J83R2 PAID DOWN PAR VALUE OF F N. M A #BM4407 2.500%10/01/28 JUNE FNMA DUE 7/25/21 -5761.0700 0.000000 5,761.07 -5,995.63 -234.56. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JUNE FNMA DUE 7/25/21 -593.3800 0.000000 593.38 -628.86 -35.48 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3140JSME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 66.7700 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 66.77 0.00 '0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3140JSME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.32 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314004H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 421.7500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0000000 4Y21i:1S'. 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -174.98 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140X4H90 PAID DOWN PAR VALUE OF F N M A#FM1155 2.500% 6/01/32 JUNE FNMA DUE 7/25/21 -6,415.1600 0.000000 6,415.15. -6,725.88 -310.72. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140X4TL0 PAID DOWN PAR VALUE OF F N M A #FM1454 2.500% 9/01/28 JUNE FNMA DUE 7/25/21 -2,074.3700 0.000000 2,074.37 -2,160.78 -86.41 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 07/26/2021 3140X4TL0 INTEREST EARNED ON F N M A #FM1454 2.500% 9/01/28 $1 PV ON 143.0800 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 143.08: 250 :0-00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3140X4TL0 AMORTIZED PREMIUM ON F N M A #FM1454 2.500% 9/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -72.91 0.00 0.00 240907020 ROTC 2017 TIFIA RAMP UP FD 07/26/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500%. 8/01/35 $1 PV ON 240.1200 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 24'0;1;12, 0;00 -0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314007L06 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -81.40 0.00 0.00 240907020 ROTC 2017TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140X7LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JUNE FNMA DUE 7/25/21 -2,483.7500 0.000000 2,483.75 -2,604.14 -120.39 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3140X90K8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JUNE FNMA DUE 7/25/21 -4,271.2200 0.000000 4,271.22 -4,555.69 -284.47 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 3140X96K8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000%2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -97.85 X0.00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314009V68 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 227.2400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 227.24 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314180094 INTEREST EARNED ON F N M A #MA2803 2.500%11/01/31 $1 PV ON 90.0500 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 90.05 0.00 .0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2.500%11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -37.09 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 314180094 PAID DOWN PAR VALUE OF F N M A #MA2803 2500% 11/01/31 JUNE FNMA DUE 7/25/21 -1,466.0800 0.000000 1466..08 1;533.47 -67.39 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 314180047 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 JUNE FNMA DUE 7/25/21 -5,761.3500 0.000000 5,761.35 -5,955.35 -194.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314180047 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 345.1600 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 345.16 200 '0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314180047 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -101.21 0.00 0.00 240907020 RCTC 201711FIA RAMP UP FD 07/26/2021 314180041 INTEREST EARNED ON F N M A #MA4112 3.000% 8/01/35 $1 PV ON 231.7000 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 231:70: 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31418DSA1 AMORTIZED PREMIUM ON F N M A #MA4112 3.000% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -71.54 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3141808A1 PAID DOWN PAR VALUE OFF N M A #MA4112 3:000% 8/01/35 JUNE FNMA DUE 7/25/21 -2,831.7400 0000000 2831.74 29700 -138.73 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 31418DVU3 PAID DOWN PAR VALUE OF F N M A #M04226. 2000% 12/01/30 JUNE FNMA DUE 7/25/21 -5,352.9200 0.000000 5,35292 -5,537.47 -184.55. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 314180V173 INTEREST EARNED ON F N M A #M04226 2.000%12/01/30 $1 PV ON 384.8400 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0000000 36484:: 0.55 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31418DVU3 AMORTIZED PREMIUM ON F N M A #M04226 2000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -159.22 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31418DXH0 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00', -112.60 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 31418DXHD INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 402.7300 SHARES DUE 7/25/2021 JUNE FNMA DUE 7/25/21 0.0000 0.000000 402.73 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/26/2021 07/25/2021 07/26/2021 3141005H0 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3/01/36JUNE FNMA DUE 7/25/21 -2,929.3300 0.000000 2,929.33 - -3,030,66 -101.33 0,00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 122.27 0.00 0.00 0.00 455 Page 108 of 135 RCTC Source .Account 240907020 RIVERSIDE COUNTY TRANSPORTATION Trade Date Settlement 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Date CUSLP Description Units CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 Price 0.000000 Net Cash Amount -122.27 Federal Tax Cost Amount 0.00 0.00 0.00 0.00 0.00 Short Term Gain/Loss Amount 0.00 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 0.00 0.00 _ - -' - Ag4Mat Transaction Date 07/27/2021 RCTC 2017 TIFIA RAMP UP FD 240907020 RCTC 2017 TIFIA RAMP UP FD 07/27/2021 07/07/2021 38376T521 PAID ACCRUED INTEREST ON PURCHASE OF G N M A GTD REMIC 3.000% 1/16/39 0.0000 0.000000 -15.05 240907020 RCTC 2017 TIFIA RAMP UP FD 07/28/2021 07/28/2021 07/29/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -0.43 240907020 RCTC 2017 TIFIA RAMP UP FD CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 0.000000 043 240907020 RCTC 2017 TIFIA RAMP UP FD 07/29/2021 91202CAP6 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 10/15/23 0.0000 -71.72 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 07/28/2021 07/30/2021 3137845W2 SOLD PAR VALUE OF F H L M C MLTCL MTG 2.750% 9/15/30 /CANTOR FITZGERALD & CO./32,653.96 PAR VALUE AT 100.26563394 % -32653.9600 1.002656 32,740,70 -32,930.29 -189.59 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 3137845W2 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.75096 9/15/30 CURRENT YEAR AMORTIZATION 0:0000 0.000000 0.00 -3.34 '0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 07/30/2021 3137045W2 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C MLTCL MTG 2.750% 9/15/30 0.0000 0.000000 72.34 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 07/30/2021 07/30/2021 912828T67 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.250% 10/31/21 0.0000 0.000000 154.55 0.00 0.00 0.00 _ 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 912828T67 AMORTIZED PREMIUM ON U S TREASURY NT 1.250% 10/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2055.01 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 07/30/2021 07/30/2021 912828767 SOLO PAR VALUE OF U S TREASURY NT 1.250% 10/31/21 /J.P. MORGAN SECURITIES LLC/50,000 PAR VALUE AT 100.3164 % -50,000.0000 1.003164 50,158.20 -50,149.78 8.42 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 07/30/2021 07/30/2021 912828YY0 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750% 12/31/24 0.0000 0.000000 -235.39 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/02/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 00000 0.000000 9,107.28 0.00 0.00 000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/02/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -9,107.28 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/02/2021 318460203 INTEREST EARNED ON FIRST AM GOVT 013 FD CL Y UNIT 00 0.0000 SHARES DUE 7/31/2021 INTEREST FROM 7/1/21 TO 7/31/21 0.0000 0.000000 0.54 0:00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/02/2021 912828H06 AMORTIZED PREMIUM ON U S TREASURY NT 1.500%1/31/22. CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4,530.68 0.00 0.00 240907020 RCTC 2017 TI4A RAMP UP FD 08/02/2021 08/03/2021 912828486 INTEREST EARNED ON U S TREASURY NT 1.500% 1/31/22 $1 PV ON 1225000.0000 SHARES DUE 7/31/2021 0.0000 0.000000 9,187.50 0,80 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -0,54 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/03/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 0.54 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/04/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 6/16/21; CUSIP 383742C76 0.0000 0.000000 -1,549.76 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/04/2021 CASH RECEIPT PRINCIPAL DUE 0.0000 0.000000 -105.46 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/04/2021 07/16/2021 08/04/2021 383742076 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 8/16/37 -1,549.7400 0.000000 1,549.74 -1,567.62 0.00 -17.88 240907020 RCTC 2017 TIFIA RAMP UP FD 08/04/2021 383742076 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 8/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.48 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/04/2021 07/16/2021 08/04/202138378HXH4 PAID DOWN PAR VALUE OF 0 N M A GTO REMIC 1.250% 9/16/27 -105.4700 0.000000 105.47 -102.19 0,00 3.28 240907020 RCTC 2017 TIFIA RAMP UP FD 08/05/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 19.30 0/00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/05/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -19.30 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/05/2021 06/01/2021 06/04/2021 38377JM59 SOLD PAR VALUE OF G N M A GTD REMIC 2.500%10/20/39 /BOFA SECURITIES, INC./FXD INC/6,700.93 PAR VALUE AT 100.49993061 % -6,700.9300 1.004999 6,734.43 -6;533;40 0.00 201.03 240907020 RCTC 2017 TIFIA RAMP UP FD 08/05/2021 06/01/2021 06/04/2021 38377JM59 SOLD -REV PAR VALUE OF 0 N M A GTD REMIC 2.500% 10/20/39 /BOFA SECURITIES, INC./FXD INC/7,768.68 PAR VALUE AT 100, 50008496 % 7,768.6800 1.005001 -7,807.53 7,574:46 0.00 -233.07 240907020 RCTC 2017 TIFIA RAMP UP FD 108/60/2021' 06/04/2021 38377JM59 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500%10/20/39 0.0000 0.000000 -1.62 0;00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/05/2021 06/04/2021 38377JM59 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 10/20/39 0.0000 0.000000 1.39 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP F0 08/06/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -193.94 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 193.94 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 08/06/2021 3131X83H7 AMORTIZED PREMIUM ON F H L M C #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0,0000 0.000000 0.00 -77.87 :0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 08/06/2021 3131X83H7 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C #ZK5300 2.500% 4/01/28 0.0000 0.000000 62.99 0.00 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 08/06/2021 08/03/2021 08/06/2021 3131X83H7 SOLD PAR VALUE OF F H L M C #ZK5300 2.500% 4/01/28 /STONEX FINANCIAL INC./181,404.53 PAR VALUE AT 104.84765733'% -181,404.5300 1.048477 190,198.40 -188,463.61 1,734.79 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 08/03/2021 08/06/2021 3140J83R2 SOLD PAR VALUE OF F N M A #BM4407 2.500% 10/01/28 /STONEX FINANCIAL INC./197,198.61 PAR VALUE AT 104.84765587% -197,198.6100 1.048477 206,758.12 -205,147.76 1,610.36 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 3140J83R2 AMORTIZED PREMIUM ON F N M A #BM4407 2500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -61.71 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 08/06/2021 3140J83R2 RECEIVED ACCRUED INTEREST ON SALE OF F N M A #BM4407 2500%10/01/28 0.0000 0.000000 68.47 0.00 0.00 0.00 456 Page 109 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source .Account Trade Date Settlement Date CUSIP Description iiidl'0' 'Price Net Cash Amount Federal Tax Cost Amount Short Term Cain/Loss Amount Long Term Gain/Loss Amount .xl0iiunS Transaction Date 240907020 RCTC 2017 TIFIA RAMP UP FD 08/D6/2021 3140X4TL0 AMORTIZED PREMIUM ON F N M A #FM1454 2.500% 9/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 22.49 -27.84 0.00 0.00 0.00 0.00' _I 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 08/06/2021 3140X4TL0 RECEIVED ACCRUED INTEREST ON SALE OF F N M A #FM1454 2.500% 9/01/28 0.0000 0.000000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/06/2021 08/03/2021 08/06/2021 3140X4TL0 SOLD PAR VALUE OF F N M A #FM1454 2.500% 9/01/28 /STONEX FINANCIAL INC./64,767.15 PAR VALUE AT 104.84767355 % -fi4,767.1500 1.048477 67,906.85 -67,437.92 468.93 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD. 08/09/2021 3138X0ZY7 AMORTIZED PREMIUM ON F N M A #AU1658 2.500% 7/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.49 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP ED 08/09/2021 08/06/2021 3138X0ZY7 RECEIVED ACCRUED INTEREST ON SALE OF F N M A #AU1658 2500% 7/01/28 0.0000 0.000000 30.10: 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/09/2021 08/03/2021 08/06/2021 3138X0ZY7 SOLD PAR VALUE OF F N M A #AU1658 2.500% 7/01/28 /STONEX FINANCIAL INC./86,680.19 PAR VALUE AT 104.85153528 -86,680.1900 1.048515 90,885.51 -90,016.90 868.61 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/10/2021 08/05/2021 08/10/2021 38379JM99 SOLD PAR VALUE OF G N M A GTD REMIC 2.500% 2/16/41 /MSNYUS33 MORGAN STANLEY NY/4,172.24 PAR VALUE AT 99.98442084 -4,1722400 0.999844 4,171.59 -4,175.84 -4.25 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/10/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.06 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/10/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 0;0000 0.000000 261 0.00 .8.OD 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/10/2021 08/10/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 12/15/23 0.0000 0.000000 -60.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 78.59 400 :0-00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -78.59 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 08/02/2021 08/05/2021 31307NTZ7 SOLD PAR VALUE OF F H L M C GD J32368 2.500% 11/01/28 /STONEX FINANCIAL INC./67,550.67 PAR VALUE AT 104.92187568 -67,550.6700 1.049219 70,875.43 70„821.62 5533.61 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/11/2021 31307NTZ7 AMORTIZED PREMIUM ON F H L M C GD J323682.500%11/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -50.51 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11 /2021. 08/05/2021 31307NTZ7 RECEIVED ACCRUEDINTEREST ON SALE OF F H L M 0 50 J32368 2.500% 11/01/28 0.0000 0.000000. 38,76. 4100 :0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD. 08/11/2021 3132A9QE0 AMORTIZED PREMIUM ON F H L M C #ZS8553 2.500% 2/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -35.29 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 08/11/2021 3132495E0 RECEIVED ACCRUED INTEREST ON SALE OF 9 H L M C #Z08553 2.500% 2/01/30 0.0000 0.000000 55.49 0,00 0.00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 08/09/2021 08/11/2021 3132A90E0 SOLD PAR VALUE OF F H L M C #ZS8553 2.500% 2/01/30 /JPMSUS3X JP MORGAN SEC NY/79,898.76 PAR VALUE AT 104.81250272 % -79,898.7600 1.048125 83,743.89 -82,662.45 0.00 1,081.44 240907020 ROTC 2017 TIFIA RAMP UP FO 08/11/2021 08/09/2021 08/11/2021 3132A9SM0 SOLD PAR VALUE OF F H L M C #Z08624 2.500% 10/01/31 /MSNYUS33 MORGAN STANLEY NY/49,149.18 PAR VALUE AT 104.91017348 % -49,149.1800 1.049102 51,56249 -50,908.76 0.00 653.73 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 3132A9SM0 AMORTIZED PREMIUM ON F H L M C #ZS8624 2.500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -19.31 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 08/11/2021 08/11/2021 3132490M0 RECEIVED ACCRUED INTEREST ON SALE OF F H L M G #ZS8624 2.500% 10/01/31 0.0000 0.000000 34.13 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 31394K790 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 4.500% 10/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -60.97 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021'.: 08/11/2021 31394KJP0 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C MLTCL MTG 4.500% 10/15/23 0.0000 0.000000 39,88 0.00 000 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 08/11/2021 08/09/2021 08/11/2021 31394KJP0 SOLD PAR VALUE OF F H L M C MLTCL MTG 4.500% 10/15/23 /SANDLER O'NEILL & PARTNERS. LP/31,907.92 PAR VALUE AT 103.2656469 % -31,907.9200 1.032656 32,949.92 -32,737.42 212.50 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 08/09/2021 08/11/2021 36179M4J6 SOLD PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 /MSNYUS33 MORGAN STANLEY NY/17,252.59 PAR VALUE AT 103.81252902 % -17,252.5900 1.038125 17,910.35 -17,376;95 0.00 533.40 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 36179M4J6 AMORTIZED PREMIUM ON G N M A I I #MA0825 2.500% 3/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.58 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/11/2021 08/11/2021 36179M4J6 RECEIVED ACCRUED INTEREST ON SALE OF G N M A I I #MA0825 2500% 3/20/28 0.0000 0.000000 11.98 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/12/2021 08/12/2021 3137AVSH5 PAID ACCRUED INTEREST ON PURCHASE OF F H L M C MLTCL MTG 1.750% 12/15/42 0.0000 0.000000 -42.69 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 0.0000 0.000000 375;58 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 CASH RECEIPT INTEREST DUE 8/15/21 INT PYMT 3128MENS6 0.0000 0.000000 29.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3128MMT52 INTEREST EARNED ON F H L M C GD 018571 2500% 10/01/30 $1 PV ON 437.3200 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 0.0000 0.000000 437.32 400 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C GD 018571 2.500% 10/01/30 JULY FHLMC DUE 8/15/21 -6,071.8100 0.000000 6,071.81 -6,329.73 -257.92 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3128MMT52 AMORTIZED PREMIUM ON 9 H L M C GO 018571 2.500%10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -190.11 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C GD G18586 2.500% 2/01/31 JULY FHLMC DUE 8/15/21 -551.3200 0.000000 551.32 -576.82 -25.50 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD 018586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.60 0.00' 0.00 457 Page 110 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Trade Date Settlement Date CUSH' 240907020 RCTC 2017 TIFlA RAMP UP FD 08/16/2021 3128MMUL5 INTEREST EARNED ON F H M C GD G18586 2.500% 2/01/31 $1 PV ON 36.1400 SHARES DUE 8/15/2021 JULY FHLMC DUE 8/15/21 0.0000 0.000000 36.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 198.5600 SHARES DUE 8/15/2021 P & I DUE 08/15/21 0.0000 0.000000 198.56 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 31307NP40 AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -118.61 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 P& I DUE 08/15/21 -1,716.1400 0.000000 1,716.14 -1,826.01 -109.87 240907020 RCTC 2017TIFIA RAMP UP FD 08/16/2021 31307NTZ7 AMORTIZED PREMIUM ON F H L M C GO J32368. 2.500%11/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.66 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 31307NTZ7 INTEREST EARNED ON F H L M C GO J32368 2.500% 11/01/28 01 PV ON 144.7600 SHARES DUE 8/15/2021 P & I DUE 08/15/21 0.0000 0.000000 144.76 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 31307NTZ7 PAID DOWN PAR VALUE OF F H L M C GD J32368 2.500% 11/01/28 P& I DUE 08/15/21 -1,936.1400 0.000000 1,936.14 -2,014.90 -78.76 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137A00E1 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MTG 1.500% 5/15/27 -1,042.2600 0.000000 1,04226 -1,058.25 -15.99 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137000E1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 47.8000 SHARES DUE 8/15/2021 $0.00125/PV ON 38,236.18 PV DUE 8/15/21 0.0000 0.000000 47.80 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137000E1 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0,00 -20:70 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137AWWM3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.250% 12/15/27 -670.5500 0.000000 670.55 -677.72 -7.17 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137AWWM3 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.250% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.34 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137AWWM3 INTEREST EARNED ON F H L M C MLTCL MTG 1.250% 12/15/27 $1 PV ON 21.8200 SHARES DUE 8/15/2021 $0.00104/PV ON 20,946.48 PV DUE 8/15/21 0.0000 0.000000 21.82 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137AYSH5 INTEREST EARNED ON F H L M C MLTCL MTG 1.750%12/15/42$1 PV ON 55.4700 SHARES DUE 8/15/2021 $00.0015/PV ON 38,037.16 PV DUE 8/15/21 0.0000 0.000000. 55.47 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750% 12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -16.38 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 3137AYSH5 PAID DOWN PAR VALUE OFF H L M C MLTCL MTG 1.750% 12/15/42 -903.7800 0.000000 903.78 -923:36 -19.58 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137B2Z78 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.400% 7/15/23 -3,873.9100 0.000000 3,873.91 -3,885.67 -11.76 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 313702278 INTEREST EARNED ON F H L M C MLTCL MTG 1.400% 7/15/23 $1 PV ON 45.5700 SHARES DUE 8/15/2021 $0.00117/PV ON 39,057.93 PV DUE 8/15/21 0.0000 0.000008 45.57 0:00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137B2Z78 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.400% 7/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10.91 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137B6DF5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 11/15/26 -3,700.4600 0.000000 3,700.46 -3,766.55 -66.09 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137060F5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.000% 11/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -47.44 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137B6DF5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 01 PV ON 111.9600 SHARES DUE 8/15/2021 $0.00167/PV ON 67,174.62 PV DUE 8/15/21 0:0000 0.000000 111.96 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137084S3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 2/15/29 -1,991.0700 0.000000 1,991.07 -1,966.18 0.00 24.89 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 313788403 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 2/15/29 $1 PV ON 64.7000 SHARES DUE 8/15/2021 $0.00167/PV ON 38,821.83 PV DUE 8/15/21 0.0000 0.000000 64.70 0:00 10:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3137B9RN7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -1,116.3100 0.000000 1,116.31 -1,137.19 -20.88 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 313709R147 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500%12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10.35 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3137B9RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 35.5400 SHARES DUE 8/15/2021 $0.00208/PV ON 17,056.84 PV DUE 8/15/21 0.0000 0.000000 35.54 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 3137B9RN7 PAID ACCRUED INTEREST ON PURCHASE OF F H LM C MLTCL MTG 2.500%12/15/27 0:0000 0.000000 -53:50 0.00 0.00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 31394KJP0 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 4.500% 10/15/23 -1,970.3800 0.000000 1,970.38 -2,021.07 -50.69 0.00 ROTC 2017 TIFIA RAMP UP FD 08/16/2021 31394KJP0 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 4.500%10/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0:53 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 31394KJP0 INTEREST EARNED ON F H L M C MLTCL MTG 4.500% 10/15/23 $1 PV ON 127.0400 SHARES DUE 8/15/2021 $0.00375/PV ON 1,970.38 PV DUE 8/15/21 0.0000 0.000000 127.04 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3617600138 PAID DOWN PAR VALUE OF G N M A 0779250 3.000% 5/15/27 JULY GNMA DUE 8/15/21 3,890.6700 0.000000 3,890.67 -4,040.80 -150.13 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 361760088 AMORTIZED PREMIUM ON G N M A 8779250 3.000% 5/15/27 0.0000 0.000000 0.00 -202.53 0.00 0.00 CURRENT YEAR AMORTIZATION 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 361760088 INTEREST EARNED ON G N M A 8779250 3.000% 5/15/27 $1 PV ON 395.7500 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 395;75 moo 0.00 0.00 458 Page 111 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Trade Date Settlement Date CUSFP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFlA RAMP UP FD 08/16/2021 36178NB99 INTEREST EARNED ON G N M A #AB2764 2.500%. 8/15/27 $1 PV ON 43.8200 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 43.82 0.00 0.00 0.00 -4.66 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 36178N899 PAID DOWN PAR VALUE OF G N M A #AB2764 2.500% 8/15/27 JULY GNMA DUE 8/15/21 -754.7300 0.000000 754.73 -759.39 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 36178N899 AMORTIZED PREMIUM ON G N M A 80132764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -4.01 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3620AR867 PAID DOWN PAR VALUE OF G N M A #737261 4.000% 5/15/25 JULY GNMA DUE 8/15/21 -444.4200 0.000000 444.42 -446.81 0.00 -239 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3620ARB67 AMORTIZED PREMIUM ON G N M A #737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.31 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3620ARB67 INTEREST EARNED ON G N M A #737261 4.000% 5/15/25 $1 PV ON 36.8800 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 36.88 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 3622428C0 INTEREST EARNED ON G N M A #783795 2.500% 3/15/28 51 PV ON 106.2700 SHARES DUE 8/15/2021 JULY GNMA DUE 8/15/21 0.0000 0.000000 106.27 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/15/2021 08/16/2021 3622A2GC0 PAID DOWN PAR VALUE OF G N M A #783795 2.500% 3/15/28 JULY GNMA DUE 8/15/21 -1,206.2400 0.000000 1,206.24 -1,239.06 0.00 -32.82 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 362292000 AMORTIZED PREMIUM ON G N M A #783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -39.47 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 08/16/2021 38375XCM4 PAID DOWN PAR VALUE OF G N M A GTD REMIC 5.000%11/16/37 -815.3200 0.000000 815.32 -829.38 0.00 -14.06 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38375XCM4 AMORTIZED PREMIUM ON G N M A GTD REMIC 5.000% 11/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.56 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38375XCM4 INTEREST EARNED ON G N M A GTD REMIC 5.000% 11/16/37 $1 PV ON 29.3900 SHARES DUE 8/16/2021 50 00417/PV ON 7,052.57 PV DUE 8/16/21 0.0000 0000000 29:39 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38376T5Z1 INTEREST EARNED ON G N M A GTD REMIC 3.000% 1/16/39 51 PV ON 75.2600 SHARES DUE 8/16/2021 $0.00250/PV ON 30,105.13 PV DUE 8/16/21 0.0000 0.000000 75.26 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38376T5Z1 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 1/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -28.11 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 08/16/2021 38376T5Z1 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 1/16/39 -844.4600 0.000000 844.46 -873.49 -29.03 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 08/16/2021 38376V2E6 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 7/16/39. -413.3600 0.000000 413.36. -424.04 0.00 -10.68 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38376V2E6 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 7/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.86 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38376V2E6 INTEREST EARNED ON G N M A GTD REMIC 4.000% 7/16/39 S1 PV ON 43.1000 SHARES: DUE 8/16/2021 $0.00333/PV ON 12,930.66 PV DUE 8/16/21 0.0000 0.000000 43.10 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 08/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -58.0400 0.000000 58.04 -54.45 0.00 3.59 240907020 RCTC 2017 TIFIA RAMP UP FO 08/16/2021 38378KW09 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 51 PV ON 4.8300 SHARES DUE 8/16/2021 $0.00117/PV ON 4,136.86 PV DUE 8/16/21 0.0000 0.000000 4.83 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 08/16/2021 38378VC45 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.250% 12/16/41 -9981600 0.000000 998.16 -962.13 0.00 36.03 240907020 RCTC 2017 TIFIA RAMP UP FIS 08/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2250% 12/16/41 $1 PV ON 58.4600 SHARES DUE 8/16/2021 $0.00188/PV ON 31,178.11 PV DUE 8/16/21 0.0000 0.000000 58,46 0100 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 38379JM99 INTEREST EARNED ON G N M A GTO REMIC 2.500% 2/16/41 $1 PV ON 4172.2400 SHARES DUE 8/16/2021 0.0000 0.000000 2,448.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 912828J43 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 1.750% 2/28/22 0.0000 0000000 -8,438:52 000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/13/2021 08/16/2021 912820T67 SOLD PAR VALUE OF U S TREASURY NT 1.250% 10/31/21 /BNP PARIBAS BROKERAGE SECURITI/1,050,000 PAR VALUE AT 100.25 % -1,050,000.0000 1.002500 1,052625.00 -1,052,570.32 54.68 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 912828T67 AMORTIZED PREMIUM ON U S TREASURY NT 1.250%10/31/21 CURRENT YEAR AMORTIZATION 0:0000 0.000000 0.00 -574.95 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/16/2021 08/16/2021 912828767 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.250% 10/31/21 0.0000 0.000000 3,851.90 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/19/2021 3620ARB67 FED BASIS OF G N M A #737261 4.000% 5/15/25 ADJUSTED BY 0.01 ADJUST FOR SALE 0.0000 0.000000 0.00 0:01 [0;00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/19/2021 08/19/2021 3620ARB67 RECEIVED ACCRUED INTEREST ON SALE OF G N M A #737261 4.000% 5/15/25 0.0000 0.000000 21.24 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/19/2021 3620A0867 AMORTIZED PREMIUM ON G N M A 0737261 4.000% 5/15/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.41 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/19/2021 08/16/2021 08/19/2021 36209R867 SOLD PAR VALUE OF G N M A #737261 4.000% 5/15/25 /STONEX FINANCIAL INC./BD RATES/10,618.96 PAR VALUE AT 104.18760406 % -10,618.9600 1.041876 11,063.64 -10,675.59 0.00 388.05 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 572.74 0.00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -572.74 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179M4J6 INTEREST EARNED ON G N M A I I #MA0825 2.500% 3/20/28 $1 PV ON 37.1800 SHARES DUE 8/20/2021 P & I DUE 08/20/21 PAID DOWN PAR VALUE OF G N M A I I #MA0825 2.500% 3/20/28 P& I DUE 08/20/21 A CO 0.0000 0.000000 37.18 0.00 .0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36179M4J6 -591.8700 0.000000 591.87 -596.11 0.00 -4.24 Page 112 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account 240907020 Trade Date Settlement Date CUSH' Descrip {_ iiidt5s Price AMORTIZED PREMIUM ON G N M A I I #MA082 .500'2 3/2U/28 0.0000 CURRENT YEAR AMORTIZATION 0.000000 0.000000 Net Cash Amount 0.00 Federal Tax Cost Amount -0.03 Short Term Cain/Loss Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00 0.00 -11.99 _ - -' - Account RCTC 2017 TIFIA RAMP UP FD Transaction Date 08/20/2021 36179M4J6 240907020 RCTC 2017 TIFIA RAMP UP FD _ 08/20/2021 36179NAJ7 INTEREST EARNED ON G N M A 1 1 #MA0909 3.000% 4/20/28 $1 PV ON 28.9600 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 28.96 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A I I #M40909 3.000% 4/20/28 JULY GNMA DUE 8/20/21 -309.5300 0000000 309.53 -321.52 240907020 RCTC 2017 TIFlA RAMP UP FD 08/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A I I #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.12 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #M411343.000% 7/20/28 JULY GNMA DUE 8/20/21 -3,282.0000 0.000000 3,282.08 -3,374.73 0.00 -92.65 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A I I #MA1134 3.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.18 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179NHK7 INTEREST EARNED ON G N M A I I #MA1134 3.000% 7/20/28 $1 PV ON 209.7800 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 209,78 600 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 50.0800 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 50.08 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 08/20/2021 08/20/2021 00/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #MA1202 2.500% 8/20/28 JULY GNMA DUE 8/20/21 -850.5000 0.000000 85650 -882.12 -31.62. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A 0 #M41202 2.500%. 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -24.09 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 08/20/2021 08/20/2021 08/20/20213617902.88 PAID DOWN PAR VALUE OF G N M A II0M425693.000%2/20/30 JULY GNMA DUE 8/20/21 -2,610.1600 0000000 2,610:16 -2,716.77 0-00 10661 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 361790248 AMORTIZED PREMIUM ON G N M A I I #MA2569 3.000% 2/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -69.75 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 361790248 INTEREST EARNED ON G N M A I I #MA2569 3.000% 2/20/30 $1 PV ON 178.2100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 178.21 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179RFD6 INTEREST EARNED ON G N M A I I #MA28643.000% 6/20/30 $1 PV ON 40.7100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 40.71 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36179RFD6 PAID DOWN PAR VALUE OF G N M A I 1 #428643.000% 6/20/30 JULY GNMA DUE 8/20/21 -447.9100 0.000000 447.91 -463.78 0,00 -15.87 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36179RFD6 AMORTIZED PREMIUM ON G N M A I I #42864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -13.41 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A 1 18005276.3.000% 1/20/27 JULY GNMA DUE 8/20/21 -740.1500 0.000000 740.15 -750.11 0.00' -9.90 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36202F2H8 AMORTIZED PREMIUM ON G N M A I I #005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -8.50 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36202F2H8 INTEREST EARNED ON G N M A I I #005276 3.000% 1/20/27 $1 PV ON 45.2200 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 45,22 0.00 0.00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36202F3H7 INTEREST EARNED ON G N M A I I #005300 3.000% 2/20/27 $1 PV ON 50.1100 SHARES DUE 8/20/2021 JULY GNMA DUE 8/20/21 0.0000 0.000000 50.11 0.00 0.00 0.00 240907020 RCTC 2017 11FIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 36202F357 PAID DOWN PAR VALUE OF G N M A 114005300 3.000% 2/20/27 JULY GNMA DUE 8/20/21 -739.4400 0.000000 739:44 -763.21 0.00 -23.77 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 36202F3H7 AMORTIZED PREMIUM ON G N M A I I #005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.20 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 38377LFC7 PAID DOWN PAR VALUE OF G M A GTD REMIC 25009512/20/39 -2,145.4400 0.000000 2,145.44 -2,165.51 -20.07 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500%12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2.07 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 38377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 81 PV ON 25.9300 SHARES DUE 8/20/2021 $0.00208/PV ON 12,444.95 PV DUE 8/20/21 0.0000 0.000000 25.93 0.00 0.00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 38377QKH9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 8/20/40 $1 PV ON 19.7100 SHARES DUE 8/20/2021 $0.00250/PV ON 7,882.26 PV DUE 8/20/21 0.0000 0.000000 19.71 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 38377QKH9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 8/20/40 529:9100 0.000000 529,91 -536.01 0.00 -6.10 240907020 RCTC 2017 TIFIA RAMP UP PD 08/20/2021 38377QKH9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 0/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.57 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 38378HAU0 PAID DOWN PAR VALUE OF G 5 M A GTD REMIC 1.500% 8/20/27 -1,483.6500 0.000000 1,488,65. 1,504.23 -20:58 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.08 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 08/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTD REMIC 1.500% 8/20/27 $1 PV ON 58.2600 SHARES DUE 8/20/2021 $0.00125/PV ON 46,612.51 PV DUE 8/20/21 0:0000 0.000000 58.26 0.00 0.00 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 11.5700 SHARES DUE 8/20/2021 $0.00125/PV ON 9,258.35 PV DUE 8/20/21 0.0000 0.000000 11.57 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 08/20/2021 38378JZD7 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500%12/20/40 -376,2800 0.000000 37638 371,58 0.00 4.70 240907020 RCTC 2017 TIFIA RAMP UP FD 08/20/2021 08/20/2021 912820048 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125%12/15/23 , /"A 0.0000 0.000000 -52.97 0.00 0.00 0.00 Page 113 of 135 RCTC Source Account 240907020 RIVERSIDE COUNTY TRANSPORTATION Transaction Date 08/23/2021 Trade Date 2017 Financing STAMP Portfolio Transaction Report Quarter ended September 30, 2021 by Account Units 0.0000 Price 0.000000 Net Cash Amount -68.16 Federal Tax Cost Amount 0.00 Short Term Gain/Loss Amount 0.00 0.00 0.00 Long Term Gain/Loss Amount 0.00' 0-00 0.00 Account RCTC 2017 TIFIA RAMP UP FD Settlement Date CUSIP Description CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 240907020 RCTC 2017 TIFIA RAMP UP FD 08/23/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 68.16 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/23/2021 3617814699 AMORTIZED PREMIUM ON G N M A #AB2764 2.500% 8/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/23/2021 08/18/2021 08/23/2021 36178NB99 SOLD PAR VALUE OF G N M A #AB2764 2.500% 8/15/27 /STONEX FINANCIAL INC./BD RATES/20,280.33 PAR VALUE AT 103.43756734 % -20,280.3300 1.034376 20,977.48 -20,404.56 0.00 572.92 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/23/2021 08/25/2021 3617814899- RECEIVED ACCRUED INTEREST ON SALE OF 5 N M A #AB2764 2500% 8/15/27 0.0000 0.000000 30.98 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/24/2021 08/03/2021 08/06/2021 3128MENS6 SOLD PAR VALUE OF F H L M C GD G15601 2.500% 1/01/29 /STONEX FINANCIAL INC./13,663.24 PAR VALUE AT 104.84767888 -13,663.2400 1,048477 14,325.59 -14,165.07 160.52 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/24/2021 3128MENS6. AMORTIZED PREMIUM ON F H L M C GD 015601 2.500%1/01/29 CURRENT YEAR AMORTIZATION 0,0000 0.000000 0.00 -9.40 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/24/2021 08/06/2021 3128MENS6 RECEIVED ACCRUED INTEREST ON SALE OF F H L M C GD G15601 2.500% 1/01/29 0.0000 0.000000 4.74 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/24/2021 3134000T8 INTEREST EARNED ON F H L M C M T N 0.350% 11/24/23 $1 PV ON 135000 0000 SHARES DUE 8/24/2021 0:0000 0.000000 118.13 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 5,303.15 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/25/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -5,303.15 0,00 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3131083H7 PAID DOWN PAR VALUE OFF H L M C #ZK5300 2.500% 4/01/28 P& I DUE 08/25/21 -6,036.1000 0.000000 6,036.10 -6,267.02 -230.92 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3131X83H7 AMORTIZED PREMIUM ON FHLMC #ZK5300 2.500% 4/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.97 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3131X83H7 INTEREST EARNED ON F H L M C #ZK5300 2.500% 4/01/28 $1 PV ON 390.5000 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 390.50 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3132A8GL7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 JULY FHLMC DUE 8/25/21 -1,778.2300 0.000000 1,778.23 -1,885.50 -107.27 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132A8GL7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -83.26 0.00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132A8GL7 INTEREST EARNED ON F H L M C #ZS7403 3.000% 5/01/31 $1 PV ON 161.0600 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 161.06 0.00 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3132A9QE0 PAID DOWN PAR VALUE OF F H L M C #Z08553 2.500% 2/01/30 P& I DUE 08/25/21 -2,793.7600 0.000000 2,793.76 -2,889.42 0.00 -95.66 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132A9QE0 AMORTIZED PREMIUM ON F 14 LM C #ZS8553 2500% 2/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.98 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132A9QE0 INTEREST EARNED ON F H L M C #Z08553 2.500% 2/01/30 $1 PV ON 172.2800 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 172.28 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132095M0 INTEREST EARNED ON F H L M C #ZS8624 2.500% 10/01/31 $1 PV ON 105.6900 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 105.69 0:QQ 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 313249SM0 PAID DOWN PAR VALUE OF F H L M C #Z08624 2.500% 10/01/31 P& I DUE 08/25/21 -1,580.4600 0.000000 1,580.46 -1636.54 0.00 -56.08 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132490M0 AMORTIZED PREMIUM ON FHLMC #ZS8624 2.500% 10/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 .0350 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 123 4000 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 123.40 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3132AEF68 PAID DOWN PAR VALUE OFFH L M C #ZT1989 3.500% 1/01/33 JULY FHLMC DUE 8/25/21 -1,094.9600 0.000000 1,094.96 -1,184.56 -89.60 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -73.82 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3132AEFC5 PAID DOWN PAR VALUE OF F H L M C #ZT1963 3.500% 11/01/30 JULY FHLMC DUE 8/25/21 -1,958.8100 0.000000 1,958,81 -2,082..42 -123.61 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132AEFC5 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -132.31 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3132AEFC5 INTEREST EARNED ON FHLMC #ZT1963 3.500%11/01/30 $1 PV ON 248.3500 SHARES DUE 8/25/2021 JULY FHLMC DUE 8/25/21 0.0000 0.000000 248.35 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3133050Z3 INTEREST EARNED ON F H L M C GTD REMIC 1.000% 9/25/33 $1 PV ON 54.4300 SHARES DUE 8/25/2021 $0.00083/PV ON 65,314.12 PV DUE 8/25/21 0.0000 0.000000 54.43 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 313355523 PAID DOWN PAR VALUE OF F H L M C GTD REMIC 1.000% 9/25/33 -1,695.7800 0.000000 1,695.78 1,715.05 -20.07 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3133Q50Z3 AMORTIZED PREMIUM ON F H L M C GTD REMIC 1.000% 9/25/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -21.15 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136472D3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -400.5200 0.000000 400.52 -401.09 0.00 -0.57 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 313647203 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.95 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136A7253. INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 5232.9300 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 0:28 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP PD 08/25/2021 3136472D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 10.8200 SHARES DUE 8/25/2021 $0.00207/PV ON 5,232.93 PV DUE 8/25/21 0.0000 0.000000 10.82 0.00 0.00 0.00 461 Page 114 of 135 RIVERSIDE COUNTY TRANSPORTATION rnee11111conri 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transaction Date Trade Date Settlement Date CUSIP Desc •.tion Units Price Short Term Long Term Net Cash Federal Tax Cost Cain/Loss Gain/Loss Amount Amount Amount Amount ROTC 2017 TIFIA RAMP UP FD 25 INTEREST EARNED ON F Al M A GTD REMIC q 000% 7/20/41 $1 PV ON 0 00 V V �V� V V V^ V�V 87.0900 SHARES DUE 8/25/2021 $0.00250/PV ON 34,836.69 PV DUE 8/25/21 V 4,370.76 V VV -45.11 V VV 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136A7D25 PAID DOWN PAR VALUE OF F 5 M A GTD REMIC 3.000% 7/25/41 -4,370.7600 0.000000 -4,415.87 240907020 RCTC 2017 TIFlA RAMP UP FD 08/25/2021 3136A7D25 AMORTIZED PREMIUM ON F N M A GTD REMIC 3.000% 7/25/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.42 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136A8SX9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -766.0900 0.000000 766.09 -778.21 -12.12 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136085X9 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9:74 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136A8SX9 INTEREST EARNED ON F 5 M A GTD REMIC 1.500% 9/25/27 $1 PV ON 22.8000 SHARES DUE 8/25/2021 $0.00125/PV ON 18,237.51 PV DUE 8/25/21 0.0000 0.000000 22.80 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136A96F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/22 $1 PV ON 58.0700 SHARES DUE 8/25/2021 $0.00182/PV ON 31,906.60 PV DUE 8/25/21 0.0000 0.000000 58.07 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136A96F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/22 $1 PV ON 31906.6000 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 2.21 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136096F0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.183%11 /25/22 -864.9500 0.000000 864.95 -838.36 :0.00 26.59 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -830.0400 0.000000 830.04 -844.80 -14.76 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000%11/25/42 CURRENT YEAR AMORTIZATION 0:0080 0.000000 0:00 -7.12 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 $1 PV ON 35.9000 SHARES DUE 8/25/2021 $0.00167/PV ON 21,541.13 PV DUE 8/25/21 0.0000 0.000000 35.90 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2.533% 3/25/23 $1 PV ON 63.1400 SHARES DUE 8/25/2021 $0.00218/PV ON 29,017.79 PV DUE 8/25/21 0.0000 0000000 63.14 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2.533% 3/25/23 $1 PV ON 29017.7900 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 119.17 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% 3/25/23 -4,941.4200 0.000000 4,041.42 -4,860.16 0:00 81.26 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -2,097.8800 0.000000 2097.88 -2119.49 -21.61 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136002060 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -15.30 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 $1 PV ON 49.1400 SHARES DUE 8/25/2021 $0.00104/PV ON 47,174.62 PV DUE 8/25/21 0.0000 0.000000 49.14 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136AEY84 INTEREST EARNED ON F N M A GTD REMIC 1.750% 7/25/28 $1 PV ON 30.1600 SHARES DUE 8/25/2021 $0.00146/PV ON .20,682-23 PV DUE 8/25/21 0.0000 0.000000. 30.16 000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD. 08/25/2021 08/25/2021 08/25/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -768.8100 0.000000 768.81 -782.11 -13.30 0.00 240907020 RCTC 2017 TIFIA RAMP UP 00 08/25/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10,91 :0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136AMM48 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.509% 7/25/22 -391,7600 0.000000 391.76 -382.46 0.00 9.30 240907020 RCTC 2017 TIFIA RAMP UP FD 03/25/2021.: 3136AMM48. INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 104.1700 SHARES DUE 8/25/2021 $0.00209/PV ON 49,822.97 PV DUE 8/25/21 0.0000 0.000000 104.17 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP PD 08/25/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 49822.9700 SHARES DUE 8/25/2021 PENALTY PAYMENT 0.0000 0.000000 0.18 0.00 0.00 0.00 240907020 RCTC 2017TIFIA .RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3136AQZK9 PAID DOWN PAR VALUE OF F N MAGTD REMIC 2000%11/25/31 -1,340.9800 0.000000 1,340.98 -1,378.78 -37.80: 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136AQZK9 AMORTIZED PREMIUM ON F N M A GTD REMIC 2000%11/25/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -43.12 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 08/25/2021. 3136AQZK9 INTEREST EARNED ON FN M A GTD REMIC 2.000% 11/25/31 $1 PV ON 103.3800 SHARES DUE 8/25/2021 $0.00167/PV ON 62,027.54 PV DUE 8/25/21 0.0000 0.000000 103.38 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137AJMF8 INTEREST EARNED ON F H L M C MLTCL MT 2.9676%10/25/21 $1 PV ON 97.7900 SHARES DUE 8/25/2021 $0.00247/PV ON 39,544.13 PV DUE 8/25/21 0.0000 0.000000 97.79 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137AJMF8 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 29676%10/25/21 -13,057.2600 0.000000 13,057.26 -13,013.91 0.00 43.35 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137ATRW4 PAID DOWN PAR VALUE OFF H L M C MULTICLA 2.373% 5/25/22 -247.7500 0.000000 247.75 -240.91 0.00 6.84 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137ATRW4 INTEREST EARNED ON F H L M C MULTICLA 2.373% 5/25/22 $1 PV ON 196.4600 SHARES DUE 8/25/2021 $0.00198/PV ON 99,348.98 PV DUE 8/25/21 0.0000 0000000 19606 000 'O.QO. 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD. 08/25/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 8.1700 SHARES DUE 8/25/2021 $0.00146/PV ON 5,608.18 PV DUE 8/25/21 0.0000 0.000000 8.17 0.00 0.00 0.00 Page 115 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source .Account _ - ' -UnPlust- Transaction Date Trade Date Settlement Date CUSHP Description iiiits' 'Price Net Cash Amount Federal Tax Cost Amount Short Term Cain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137A0HN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -2,030.6800 0.000000 2,030 68 -2,002.76 0.00 0.00 0.00 0.00 0.00 27.92 0-00 0.00 5.25 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137300E9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 $1 PV ON 100000.0000 SHARES DUE 8/25/2021 0-0000 0.000000 223.50 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137AYCE9 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.682%10/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -57.54 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 313781575 PAID DOWN PAR VALUE OF F H L M 0 MLTCL MT 3.22404% 1/25/23 -309.5300 68.006332 309.53 -304.28 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 313781575 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 $1 PV ON 203 1500 SHARES DUE 8/25/2021 $0.00210/PV ON 96,658.75 PV DUE 8/25/21 0.0000 0.000000 203.15 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137815F7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -907.4600 0.000000 907.46 -894.13 0.00 13.33 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137015E7 INTEREST EARNED ON F H L M C MLTCL MTG 1.785% 9/25/22 $1 PV ON 16.0300 SHARES DUE 8/25/2021 $0.00149/PV ON 10,778.91 PV DUE 8/25/21 0.0000 0.0000 0.000000 16.03 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 $1 PV ON 32661.3200 SHARES DUE 8/25/2021 0.000000 75.61 0,00 0.00 0.00 240907020 RCTC 2017 11FIA RAMP UP FD 08/25/2021 3137/37009 INTEREST EARNED ON F H L M 0 MLTCL MT 3.48996% 1/25/2451 PV ON 209000.0000 SHARES DUE 8/25/2021 0.0000 _ 0.000000 607.83 0.00 0.00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 313767009 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.48996% 1/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -485.12 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137BDCW4 INTEREST EARNED ON F H L M 0 MLTCL MTG 3.303% 7/25/24 $1 PV ON 175000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 481,69 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137BDCW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.303% 7/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -372.90 0,00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137BFE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.720%. 8/25/24 -1,674.6400 0.000000 1,674.64 1,728.85 0.00 -54.21 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137BFE80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -69.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31376FE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/24 $1 PV ON 170.8100 SHARES DUE 8/25/2021 $0.00227/PV ON 75,356.06. PV DUE 8/25/21 0.0000 0.000000 170.81 R00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31376JQ71 INTEREST EARNED ON F H L M C MLTCL MT 2.76997% 5/25/25 $1 PV ON 150000.0000 SHARES DUE 8/25/2021 0.0000 0.000000 346,25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31378J071 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.76997% 5/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:0.0 -241:18 000 000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3137BLW87 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.802% 1/25/25 -3,883.8600 0.000000 3,883.86 -4,055.13 -171.27 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -210.68 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 449.4800 SHARES DUE 8/25/2021 $0.00234/PV ON 192493.46 PV DUE 8/25/21 0.0000 0.000000 449.48 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/29/2021. 3137BOBY2 INTEREST EARNED ON F H L M C MLTCL MT 2.18304% 5/25/22$1 PV ON 61.1800 SHARES DUE 8/25/2021 $0.00182/PV ON 33,632.04 PV DUE 8/25/21 0;0000 0.000000 61.18 Q00 000 000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 313780602 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.18304% 5/25/22 -545.4200 0.000000 545.42 -546.37 0.00 -0.95 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 313700002 AMORTIZED PREMIUM ON F H L M 0 MLTCL MT 218304% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.67 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 36.2100 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 36,21 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N MA#AL2239 2890%7/01/22 JULY FNMA DUE 8/25/21 -35.0400 0.000000 35.04 -35.22 0.00 -0.18 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A #AL2239 2.890% 7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7.48 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3:500% 11/01/30 JULY FNMA DUE 8/25/21 -6,299.8300 0.000000 6,299188. -671200 -412.17 000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500%11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -312.03 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500% 11/01/30 $1 PV ON 564.9400 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 564.94 0:00 0.00' 0,00. 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 107.4800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 107.48 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3138ETQP4 PAID DOWN PAR VALUE OFF N M A #AL8561 3.500% 6/01/31 JULY FNMA DUE 8/25/21 -865.3500 .. 0.000000 865:35'. _._. -928.78 -63.43 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138ETQP4 AMORTIZED PREMIUM ON F N M A #AL8561 3.500% 6/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -63.68 0.00 0.00 240907020 RCTC 2017 11FIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3138WEMJ5. PAID DOWN PAR VALUE OF F N M A #054860 2.500% 5/01/30 JULY FNMA DUE 8/25/21 -2,685.2400 0000000 2685.24 -285214 -116.95 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #054860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -201.88 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3136WEMJ5 INTEREST EARNED ON F N M A #034860 2:500% 5/01/30 $1 PV ON 435.4700 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 Aor" 0.0000 0.000000 435.47 0;08 0.00 0.00 Page 116 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account _ - ' .Account Transaction Date Trade Date Settlement Date CUSFP Net Cash Amount Federal Tax Cost Amount Short Term Cain/Loss Amount Long Term Gain/Loss Amount Description Units Price 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3138X0ZY7 PAID DOWN PAR VALUE OF F N M A AU 658 2.500% 7/01/28 P& I DUE 08/25/21 -2,431.7400 0.000000 0.000000 2,431 74 0.00 -2,523.82 -1.53 -92.08 0.00 0.00 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/25/2021 313800ZY7 AMORTIZED PREMIUM ON F N M A#AU1658 2.500%7/01/28 CURRENT YEAR AMORTIZATION 0.0000 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3138X0ZY7 INTEREST EARNED ON F N M A #AU1658 2.500% 7/01/28 $1 PV ON 185.6500 SHARES DUE 8/25/2021 P & I DUE 08/25/21 0.0000 0.000000 185.65 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31392J6N4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 5.500% 4/25/23 -8,568.2800 0.000000 8,568.28 -8,604.81 -36,53 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31392J6N4 AMORTIZED PREMIUM ON F N M A GTD REMIC 5.500% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -46.93 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31392J6N4 INTEREST EARNED ON F N M A GTD REMIC 5.500% 4/25/23 $1 PV ON 498.0000 SHARES DUE 8/25/2021 $0.00458/PV ON 108,654.06 PV DUE 8/25/21 0.0000 0.000000 498.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140J83R2 INTEREST EARNED ON F N M A #BM4407 2.500% 10/01/28 $1 PV ON 420.8900 SHARES DUE 8/25/2021 8/25/21 PAYMENT 0.0000 0.000000 420.89 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3140J83R2 PAID DOWN PAR VALUE OF F N. M A #BM4407 2500%10/01/28 8/25/21 PAYMENT -4832.6700 0.000000 4832,67 -5,02439 -191,72 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140J83R2 AMORTIZED PREMIUM ON F N M A #BM4407 2.500% 10/01/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -3.09 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140J8ME0 INTEREST EARNED ON F N M A #BM3956 3.000% 12/01/32 $1 PV ON 65.2800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 65.28 0:00 X0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 JULY FNMA DUE 8/25/21 -404.4400 0.000000 404.44 -428.17 -23.73 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #BM3956 3.000% 12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -29.23 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3140X4H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 JULY FNMA DUE 8/25/21 -5,591.1600 0.000000 5,591.16 -5,857.03 -265.87 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2,500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -173.03 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X4H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 408.3800 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 408.38 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3140X4TL0 PAID DOWN PAR VALUE OF F N M A #FM1454 2.500% 9/01/28 P & 1 DUE 08/25/21 -1,834.7900 0.000000 1,834.79 -1,909.24 -74.45 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X4TL0 AMORTIZED PREMIUM ON F N M A #FM1454 2.500% 9/01/28 0.0000 0.000000 0.00 -1.21 0.00 0.00 240907020 CURRENT YEAR AMORTIZATION RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X4TL0 INTEREST EARNED ON F N M A #FM1454 2.500% 9/01/28 31 PV ON 138.7500 SHARES DUE 8/25/2021 9 & 1 DUE 08/25/21 0.0000 0.000000 138.75 0.00 0.00 0.00 240907020 _ 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X7LS6 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -81.43 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 $1 PV ON 234.9500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 234.95 400 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 314007LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 JULY FNMA DUE 8/25/21 -3,987.2400 0.000000 3,987.24 -4,177.63 -190.39 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 3140X9VK8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 JULY FNMA DUE 8/25/21 -2,591.0500 0.000000 2,591.05 -2,760.77 -169.72 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 $1 PV ON 216.5600 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 216.56 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 3140X9VK8 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -95:18 !0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 JULY FNMA DUE 8/25/21 -1,516.0700 0.000000 1,516.07 -1,584.43 -68.36 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2500% 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -36.57 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500% 11/01/31 $1 PV ON 87.0000 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 87.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DQ47 INTEREST EARNED ON F N M A #MA4074 2.000% 6/01/35 $1 PV ON 335.5500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 33555 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31418/3547 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 JULY FNMA DUE 8/25/21 -5,214.5400 0.000000 5,214.54 -5,387.52 -172.98 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DQ47 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -100.65 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31418DSA1 PAID DOWN PAR VALUE OF F N M A #MA4112 3.000% 8/01/35 JULY FNMA DUE 8/25/21 -2999.0500 0.000000 2,999.05 -3,143.62 -144.57 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DSA1 AMORTIZED PREMIUM ON F N M A #MA4112 3.000% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -7081 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DSA1 INTEREST EARNED ON F N M A #MA4112 3.000% 8/01/35 $1 PV ON 224.6200 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 224.62 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000%12/01/30 $1 PV ON 375.9200 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 375.92 0.00 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31418DVU3 PAID DOWN PAR VALUE OF F N M A #M44226 2.000% 12/01/30 JULY FNMA DUE 8/25/21 A, A -5,367.8300 0.000000 5,367.83 -5,549,12 -181.29 0.00 Page 117 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source .Account Transaction Date Trade Date Settlement Date CUSHP Description TTmts' 'Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Ax1RDlunt- 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DVU3 AMORTIZED PREMIUM ON F N M A #MA4226 2000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -158.60 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DXH0 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 CURRENT YEAR AMORTIZATION 0-0000 0.000000 0.00 -115.73 0.00 0-00 - 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 08/25/2021 31418DXH0 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3!01!36 JULY FNMA DUE 8/25/21 -3,267.6600 0.000000 3,267.66 -3,379.11 1 -- -111.45 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 31418DXHO INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 397.8500 SHARES DUE 8/25/2021 JULY FNMA DUE 8/25/21 0.0000 0.000000 397.85 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/24/2021 08/25/2021 91282816Z7 SOLD PAR VALUE OF U 9 TREASURY NT 1.625% 12/31/21 /SBNYUS33 CITGROUP GBL MKTS NY/900,000 PAR VALUE AT 100.55859333 900,000.0000 1..005586 905,027.34 -904,870.48 156.86 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 91282816Z7 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 1.625% 12/31/21 0.0000 0.000000 2,225,54 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 912828Y77 AMORTIZED PREMIUM ON U S TREASURY NT 1.625% 12/31/21 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -2,130.87 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 912828ZF0 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.500% 3/31/25 0.0000 0.000000 -1,415.78 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/25/2021 08/25/2021 91282CCG4 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.250% 6/15/24 0.0000 0.000000 -266.73 0.00 0.00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP 90 08/26/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -4,971.55 0.00 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 08/26/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 4,971.55 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/26/2021 08/25/2021 08/26/2021 3137B3NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -2290.1500 0.000000 2290.15 -2270.47 0.00 19.68 240907020 RCTC 2017 TIFIA RAMP UP FD 08/27/2021 08/27/2021 08/27/2021 3138X0ZY7 DISTRIBUTED PAR VALUE OF F N M A #A81658 2.500% 7/01/28 VALUED AT 0.01 TO REMOVE RESIDUAL SHARES -0.0100 0.000000 0.0.0 -0.01 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/27/2021 08/27/2021 91282CBA8 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.125% 12/15/23 0.0000 0.000000 -29.92 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/31/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 11,913.83 500 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 08/31/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -11,913.83 0.00 0.00 0.00 240907020 _ RCTC 2017 TIFIA RAMP UP FD 08/31/2021 912828J43 INTEREST EARNED ON U S TREASURY NT 1:750% 2/28/22 $1 PV ON 1365000.0000 SHARES DUE 8/31/2021 0.0000 0.000000 11,943.75 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 08/31/2021 912828J43 AMORTIZED PREMIUM ON U S TREASURY NT 1.750% 2/28/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1,536.54 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/01/2021 31846V203 INTEREST EARNED ON FIRST AM GOVT OB FD CL Y UNIT ON 0.0000 SHARES DUE 8/31/2021 INTEREST FROM 8/1/21 TO 8/31/21 0.0000 0.000000 1:82 500 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/01/2021 08/05/2021 08/10/2021 38379JM99 SOLD -REV PAR VALUE OF 0 N M A GTD REMIC 2.500% 2/16/41 /MSNYUS33 MORGAN STANLEY NY/4,172.24 PAR VALUE AT 99.98442084 % 4,172.2400 0.999844 -4,171.59 4,175.84 4.25 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/01/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF 0 N M A GTD REMIC 2.500% 2/16/41 0;0000 0.000000 -2.61 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/01/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 0.06 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/08/2021 09/08/2021 09/08/2021 3137ARVU7 DISTRIBUTED PAR VALUE OF F H L M 0 MLTCL MTG 3.000% 8/15/38 VALUED AT 0.00 REMOVE RESIDUAL SHARES -0.0200 0.000000 0.00 -0.02 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/08/2021 38379JM99 FED BASIS OF G N M A GTD REMIC 2.500% 2/16/41 ADJUSTED 8Y 95.53 0.0000 0.000000 0.00 95.53 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/08/2021 38379JM99 FED BASIS OF G N M A GTD REMIC 2.500% 2/16/41 ADJUSTED BY - 95.53 0.0000 0.000000 0.00 -95.53 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/09/2021 CASH RECEIPT PRINCIPAL DUE PRINCIPAL DUE 6/20/21; CUSIP 38377JM59 0.0000 0.000000 -1,067.76 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/09/2021 08/20/2021 09/09/2021 38377JM59 PAID DOWN PAR VALUE OF 5 N M A GTD REMIC 2.500%10/20/39 -1,067.7500 0.000000 1,067.75 -1,041.06 0.00 26.69 240907020 RCTC 2017 TIFIA RAMP UP FD 09/10/2021 08/10/2021 38379JM99 RECEIVED ACCRUED INTEREST ON SALE OF G N M A GTD REMIC 2.500% 2/16/41 0.0000 0.000000 1.08 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/10/2021 08/05/2021 08/10/2021 38379JM99 SOLD PAR VALUE OF 5 N M A GTD REMIC 2.500% 2/16/41 /MORGAN STANLEY & CO. LLC/ -1,732.0900 0.999844 1,731.82 -1,733.50 -1.68 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/10/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.06 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/13/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 0.29 500 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/13/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -0.29 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -3,882.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 3,892.84 0.00 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/15/2021 3128MMT52 AMORTIZED PREMIUM ON F H L M C GD G18571. 2.500%10/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -182.23 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 3128MMT52 PAID DOWN PAR VALUE OF F H L M C 05 018571 2.500% 10/01/30 AUGUST FHLMC DUE 9/15/21 -6,898.3500 0.000000 6,898.35 -7,185.22 -286.87 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3128MMT52 INTEREST EARNED ON F H L M C GD G18571 2.500% 10/01/30 $1 PV ON 424.6700 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 424.67 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 3128MMUL5 PAID DOWN PAR VALUE OF F H L M C GD G18586 2.500% 2/01/31 AUGUST FHLMC DUE 9/15/21 -495.6000 5000000 495.60 -518.05 -22.45 0.00 465 Page 118 of 135 RIVERSIDE COUNTY TRANSPORTATION rnee11/11conri 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transaction Date Trade Date Settlement Date `-SIP Desc. ' tion Units Price Short Term Long Term Net Cash Federal Tax Cost Cain/Loss Gain/Loss Amount Amount Amount Amount 09/15/2021 INTEREST EARNED na F H L M r GD G18586 2500% 2/01/31 $1 PV ON 0 00 34.9900 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.00 0.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3128MMUL5 AMORTIZED PREMIUM ON F H L M C GD G18586 2.500% 2/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1586 240907020 RCTC 2017 TIRA RAMP UP FD 09/15/2021 51.307NP40. AMORTIZED PREMIUM ON F H L M C GD J32243 3.000% 7/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -112.66 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 31307NP40 INTEREST EARNED ON F H L M C GD J32243 3.000% 7/01/30 $1 PV ON 1942700 SHARES DUE 9/15/2021 AUGUST FHLMC DUE 9/15/21 0.0000 0.000000 194.27 0.00 0.00 240907020 RCTC 2A,17TIFtA RAMP UP FO - - - - 09/15/2021 09/15/2021 09/15/2021 31307NP40 PAID DOWN PAR VALUE OF F H L M C GD J32243 3.000% 7/01/30 AUGUST FHLMC DUE 9/15/21 -1,335.2300 0.000000 1,335.23 1,418.78 -83.55 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3137AQQE1 INTEREST EARNED ON F H L M C MLTCL MTG 1.500% 5/15/27 $1 PV ON 46.5000 SHARES DUE 9/15/2021 $0.00125/PV ON 37,193.92 PV DUE 9/15/21 0.0000 0.000000 46.50 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021. 09/15/2021 09/15/2021 3137AQQE1 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.500% 5/15/27 1,0226600 0.000000 1,02266 -1,037.80 -15.14 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3137AQQE1 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 1.500% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -19.71 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 3137AWWM3 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.250%.12/15/27 -741,0000 0.000000 741.00 -748.67 -7.67 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3137AWWM3 INTEREST EARNED ON F H L M C MLTCL MTG 1.250% 12/15/27 $1 PV ON 21.1200 SHARES DUE 9/15/2021 $0.00104/PV ON 20,275.93 PV DUE 9/15/21 0.0000 0.000000 21.12 0.00 0.00 0.00 240907020 ROTC 2017 TIFIA RAMP UP FD 09/15/2021 3137AWWM3 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 1.250% 12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 100 -6.96 0:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3137AYSH5 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.750%12/15/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -41.93 0.00 0.00 240907020 ROTC 2017 TIFIA RAMP UP FD 09/15/2021 3137085H5 INTEREST EARNED ON F H L M 0 MLTCL MTG 1.750% 12/15/4201 PV ON 170.5800 SHARES DUE 9/15/2021 $0.00146/PV ON 116,970.16 PV DUE 9/15/21 0.0000 Q000000 170.'58 0;00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 3137AVSH5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.750% 12/15/42 -2,786.1800 0.000000 2,786.18 -2,844.69 -58.51 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 313702278 INTEREST EARNED ON F H L M C MLTCL MTG 1.400% 7/15/23 $1 PV ON 41.0500 SHARES DUE 9/15/2021 $0.00117/PV ON 35,184.02 PV DUE 9/15/21 0.0000 0.000000 41.05. 029 0.00 0.00 _ 240907020 RCTC 2017 TIFIA RAMP UP FD. 09/15/2021 09/15/2021 09/15/2021 313782Z78 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.400% 7/15/23 -3,212.7400 0.000000 3,212.74 -3,221.64 -8.90 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 313762278 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.400% 7/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9.35 :0:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 313786DF5 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 11/15/26 -2,844.3700 0.000000 2,844,37 -2,893.20 -48.83 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 31371360F5 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 11/15/26 $1 PV ON 105.7900 SHARES DUE 9/15/2021 $0.00167/PV ON 63,474.16 PV DUE 9/15/21 0.0000 0.000000 10579 0.00 X0:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 313706085 AMORTIZED PREMIUM ON F H L M 0 MLTCL MTG 2.000% 11/15/26 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -43.99 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 313768453 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.000% 2/15/29 -2,547.9500 0.000000 2,547.95 -2516.10 0.00 31.85 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 313768453 INTEREST EARNED ON F H L M C MLTCL MTG 2.000% 2/15/2901 PV ON 61.3800 SHARES DUE 9/15/2021 $0.00167/PV ON 36,830.76 PV DUE 9/15/21 0.0000 0.000000 61.38 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 3137B9RN7 INTEREST EARNED ON F H L M C MLTCL MTG 2.500% 12/15/27 $1 PV ON 140 2200 SHARES DUE 9/15/2021 $0.00208/PV ON 67,304.46. PV DUE 9/15/21 0.0000 0.000000. 14022. 000 0.00 0:00: 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 313789RN7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.500% 12/15/27 -2722.4500 0.000000 2722.45 -2768.11 -45.66 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 313769RN7 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.500%12/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00 -36,18 -0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 36176X088 PAID DOWN PAR VALUE OF G N M A #779250 3.000% 5/15/27 AUGUST GNMA DUE 9/15/21 -4,992.2300 0.000000 4,992.23 -5,178.60 -186.37 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 36176XQ88 INTEREST EARNED ON 5 N M A 4779250 3.000% 5/15/27 $1 PV ON 386.0200 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 0000000 386.02- 100 0:00 0.00. 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 361760088 AMORTIZED PREMIUM ON G N M A #779250 3 000% 5/15/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -193.62 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 09/15/2021 342202000 AMORTIZED PREMIUM ON G N M A 6783795 2.500% 3/15/28 CURRENT YEAR AMORTIZATION :0:0000 0.000000 100 -37.88 0.08' 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 09/15/2021 09/15/2021 3622A2GC0 PAID DOWN PAR VALUE OF G N M A #783795 2500% 3/15/28 AUGUST GNMA DUE 9/15/21 -2312.0400 0.000000 2,31204 -2373.19 0.00 -61.15 240907020 RCTC 2017 TIRA RAMP UP FD 09/15/2021 362202000 INTEREST EARNED ON G N M A 4783795 2500% 3/15/28 01 PV ON 103.7500 SHARES DUE 9/15/2021 AUGUST GNMA DUE 9/15/21 0.0000 1000000 106:75 000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021 912828ZD5 AMORTIZED PREMIUM ON U S TREASURY NT 0.500% 3/15/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1,411.81 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/15/2021: 912828ZD5 INTEREST EARNED ON U S TREASURY NT 0.500% 3/15/23 $1 PV ON 865000.0000 SHARES DUE 9/15/2021 0.0000 0.000000 2162:'50 000 0.00 100 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 CASH RECEIPT PRINCIPAL DUE 8/15/21 PRIN PYMT 3128MENS6 irr 0.0000 0.000000 -375.58 0.00 0.00 0.00 Page 119 of 135 RCTC Source Account 240907020 RIVERSIDE COUNTY TRANSPORTATION Trade Date 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Price 0.000000 Net Cash Amount -29.25 202.21 -202.21 Federal Tax Cost Amount 0.00 0.00 0.00 Short Term Gain/Loss Amount 0.00 0.00 Long Term Gain/Loss Amount 0.00 0,00 0.00 Account RCTC 2017 TIFIA RAMP UP FD Transaction Date 09/16/2021 09/16/2021 09/16/2021 Settlement Date CUSHP Description CASH RECEIPT INTEREST DUE 8/15/21 INT PVMT 3128MENS6 Units 0.0000 240907020 RCTC 2017 TIFIA RAMP UP FD CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 240907020 RCTC 2017 TIFIA RAMP UP FD CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 3128MENS6 INTEREST EARNED ON F H L M C GD G15601 2.500% 1/01/29 $1 PV ON 29.2500 SHARES DUE 8/15/2021 8/15/21 PYMT 0.0000 0.000000 29.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 08/15/2021 09/16/2021 3128MENS6 PAID DOWN PAR VALUE OF F H L M C GD 615601 2.500% 1/01/29 8/15/21 PYMT 376:5700 0.000000 375:57 -389,26 -13.69 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 3128MENS6 AMORTIZED PREMIUM ON F H L M C GD G15601 2.500% 1/01/29 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.10 0.00 0.00 240907020. RCTC 2017 TIFlA RAMP UP FO 09/16/2021 09/16/2021 09/16/2021 383750CM4 PAID DOWN PAR VALUE OF G N M A GTD REMIC. 5.000% 11/16/37 -1,058.6900 0000000 1058.69 -1,076.57 0.00 -17.88 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38375XCM4 INTEREST EARNED ON G N M A GTD REMIC 5.000% 11/16/37 $1 PV ON 25.9900 SHARES DUE 9/16/2021 50.00417/PV ON 6,237.25 PV DUE 9/16/21 0.0000 0.000000 25.99 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 09/16/2021. 38375XCM4 AMORTIZED PREMIUM ON G N M A GTD REMIC 5.000% 11/16/37 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00 -2,22 0.00 0 o0 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38376T5Z1 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% 1/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.78 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38376T5Z1 INTEREST EARNED ON G N M A GTD REMIC 3:000% 1/16/39 $1 PV ON 73.1500 SHARES DUE 9/16/2021 $0.00250/PV ON 29,260.67 PV DUE 9/16/21 0.0000 0.000000 73.15 P00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 09/16/2021 09/16/2021 30376T521 PAID DOWN PAR VALUE OF G N M A GTD REMIC 3.000% 1/16/39 -832.3900 0.000000 832.39 -860.42 -28.03 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 09/16/2021 09/16/2021 38376V2E6 PAID DOWN PAR VALUE OF G N M A GTD REMIC 4.000% 7/16/39 -4023500 0.000000 40235 -41253 0.00 -10.18 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38376V2E6 INTEREST EARNED ON G N M A GTD REMIC 4.000% 7/16/39 $1 PV ON 41.7200 SHARES DUE 9/16/2021 $0.00333/PV ON 12,517.30 PV DUE 9/16/21 0.0000 0.000000 41.72 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 3837602E6 AMORTIZED PREMIUM ON G N M A GTD REMIC 4.000% 7/16/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6:51 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 09/16/2021 09/16/2021 38378KWU9 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.400% 10/16/41 -58.1800 0.000000 58.18 -54.58 0.00 3.60 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38378KW09 INTEREST EARNED ON G N M A GTD REMIC 1.400% 10/16/41 $1 PV ON 4.7600 SHARES DUE 9/16/2021 $0.00117/PV ON 4,078.82 PV DUE 9/16/21 0.0000 0.000000 4'.21 000 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 09/16/2021 09/16/2021 38378VC45 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2.250% 12/16/41 -983.2300 0.000000 983.23 -947.74 0.00 35.49 240907020 RCTC 2017 TIFIA RAMP UP FD 09/16/2021 38378VC45 INTEREST EARNED ON G N M A GTD REMIC 2.250% 12/16/41 $1 PV ON 56.5900 SHARES DUE 9/16/2021 $0.00188/PV ON 30,179.95 PV DUE 9/16/21 0.0000 0.000000 56:59 0.00 '0.00. 0:00 240907020 RCTC 2017 TIFlA RAMP UP FD. 09/17/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -29.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/17/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 29.25 0,00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/17/2021 38379JM99 AMORTIZED PREMIUM ON G N M A GTD REMIC 2.500% 2/16/41 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.05 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/17/2021 09/16/2021 09/17/2021 38379JM99 PAID DOWN PAR VALUE OF G N M A GTD REMIC 2500% 2/16/41 -2,440.1500 0.000000 2,440.15 -2,442:29 -2.14 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/17/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 $1 PV ON 4172.2400 SHARES DUE 8/16/2021 0.0000 0.000000 -2,448.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/17/2021 38379JM99 INTEREST EARNED ON G N M A GTD REMIC 2.500% 2/16/41 01 PV ON 8.6900 SHARES DUE 9/16/2021 $0.00208/PV ON 2,440.15 PV DUE 9/16/21 0.0000 0.000000 8;69 000 X0.08' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36179NAJ7 AMORTIZED PREMIUM ON G N M A I I #MA0909 3.000% 4/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -12.55 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 36179NAJ7 PAID DOWN PAR VALUE OF G N M A 1 I #MA0909 3.000% 4/20/28. AUGUST GNMA DUE 9/20/21 -403.0600 0.000000 453.06 -418,22 '0.00 -15.16 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36179NAJ7 INTEREST EARNED ON G N M A I I #MA0909 3.000% 4/20/28 $1 PV ON 28.1900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 28.19 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 36179NHK7 PAID DOWN PAR VALUE OF G N M A I I #MA1134 3.000% 7/20/28 AUGUST GNMA DUE 9/20/21 -1,871.5200 0.000000 1,871;52 -1,922.88 0.00 -51.36 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36179NHK7 INTEREST EARNED ON G N M A 11 #MA11343.000% 7/20/28 $1 PV ON 201.5700 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 201.57 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36179NHK7 AMORTIZED PREMIUM ON G N M A I I #MA1134 3.000% 7/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -63.39 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD. 09/20/2021 36179NKP2 AMORTIZED PREMIUM ON G N M A II #MA1202 2.500% 8/20/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -22.86 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 36179NKP2 PAID DOWN PAR VALUE OF G N M A II #MA1202 2.500% 8/20/28 AUGUST GNMA DUE 9/20/21 -767:9400 0.000000 767.94 -79533 -2779 0.00 240907020 RCTC 2017 TIFIA RAMP UP 9D 09/20/2021 36179NKP2 INTEREST EARNED ON G N M A II #MA1202 2.500% 8/20/28 $1 PV ON 48.3100 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 48.31 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 3617902A8 PAID DOWN PAR VALUE OF G N M A II #MA2569 3.000% 2/20/30 AUGUST GNMA DUE 9/20/21 -2,600.1800 0.000000 2,600.18 -2703.88 0.00 -103.70 467 Page 120 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Trade Date Settlement Date CUSFP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFlA RAMP UP FD 09/20/2021 36179E12AB INTEREST EARNED ON G N M A 11 #MA2569 3.000% 2/20/30 $1 PV ON 171.6900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 171.69 0.00 0.00 0.00 0.00 0.00 -18.22 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 3617902AB AMORTIZED PREMIUM ON G N M A I 1 #MA2569 3.000% 2/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -66.12 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 361799F06 AMORTIZED PREMIUM ON G N M A I I #MA2864 3.000% 6/20/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -12.84 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 361799E06 PAID DOWN PAR VALUE OF G N M A 11 #MA28643.000% 6/20/30 AUGUST GNMA DUE 9/20/21 -526.4100 0.000000 526.41 -544.63 240907020 RCTC 2017TIFIA RAMP UP FD 09/20/2021 36179RFD6 INTEREST EARNED ON G N M A I I #MA28643.000 % 6/20/30 $1 PV ON 39.5900 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 39.59 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 36202F2H8 PAID DOWN PAR VALUE OF G N M A II #005276 3.000% 1/20/27 P & 1 DUE 09/20/21 -683.1900 0.000000 683.19 -69207 0,00 -8.88 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36202F2H8 INTEREST EARNED ON G N M A 11 4005276 3.000% 1/20/27 51 PV ON 43.3700 SHARES DUE 9/20/2021 P & 1 DUE 09/20/21 0.0000 0.000000 43.37 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021: 36202F2H8 AMORTIZED PREMIUM ON G N M A 114005276 3.000% 1/20/27 CURRENT YEAR AMORTIZATION 0:0000 0.000000 0.00 -7.98 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36202F3H7 AMORTIZED PREMIUM ON G N M A I 10005300 3.000% 2/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.93 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 36202F397 PAID DOWN PAR VALUE OF G N M A 11 4005300 3.000% 2/20/27 AUGUST GNMA DUE 9/20/21 -613.5700 0.000000 613.57 -632:63 0,00 -19.06 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 36202F3H7 INTEREST EARNED ON G N M A 110005300 3.000% 2/20/27 51 PV ON 48.2600 SHARES DUE 9/20/2021 AUGUST GNMA DUE 9/20/21 0.0000 0.000000 48.26 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 09/20/2021 09/20/2021 09/20/2021 38377LFC7 PAID DOWN PAR VALUE OF 0 N M A GTD REMIC. 2.500%12/20/39 -1,612.7100 0.000000 1,612.71 -1,627.53 -14.82 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 3B377LFC7 INTEREST EARNED ON G N M A GTD REMIC 2.500% 12/20/39 $1 PV ON 21.4600 SHARES DUE 9/20/2021 $0.00208/PV ON 10,299.51 PV DUE 9/20/21 0.0000 0.000000 21.46 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38377LFC7 AMORTIZED PREMIUM ON G N M A GTD REMIC 2500%12/20/39 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.74 0.00 000 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38377QKH9 AMORTIZED PREMIUM ON G N M A GTD REMIC 3.000% B/20/40 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -1.50 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 383770KH9 PAID DOWN PAR VALUE OF GN M A GTD REMIC 3.000% 8/20/40 -517.1900 0.000000 517.19 -523.04 0.00 -5.85 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38377QKH9 INTEREST EARNED ON G N M A GTD REMIC 3.000% 8/20/40 51 PV ON 18.3800 SHARES DUE 9/20/2021 $0.00250/PV ON 7,352.35 PV DUE 9/20/21 0.0000 0.000000 18.38 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 38378HAU0 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500% 8/20/27 -1,6029100 0.000000 1,602.91 -1,624,41 -21.50 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38378HAU0 INTEREST EARNED ON G N M A GTO REMIC 1.500% 8/20/27 $1 PV ON 56.4100 SHARES DUE 9/20/2021 $0.00125/PV ON 45,128.86 PV DUE 9/20/21 0.0000 0.000000 56.41 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38378HAU0 AMORTIZED PREMIUM ON G N M A GTD REMIC 1.500% 8/20/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20794 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 09/20/2021 09/20/2021 38378JZ07 PAID DOWN PAR VALUE OF G N M A GTD REMIC 1.500%12/20/40 -370.6300 0.000000 370.63 -366.00 0.00 4,63 240907020 RCTC 2017 TIFIA RAMP UP FD 09/20/2021 38378JZD7 INTEREST EARNED ON G N M A GTD REMIC 1.500% 12/20/40 $1 PV ON 11.1000 SHARES DUE 9/20/2021 $0:00125/PV ON 8,882.07 PV DUE 9/20/21 0.0000 0.000000 11.10 0'.00 0,00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 5,013.56 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -5,003.56 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3132ABGL7 INTEREST EARNED ON F H L M C #Z07403 3.000% 5/01/31 $1 PV ON 156.6200 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 156.62 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3132585L7 PAID DOWN PAR VALUE OF F H L M C #ZS7403 3.000% 5/01/31 AUGUST FHLMC DUE 9/25/21 -1,788.1700 0.000000 1,788.17 -1,893.76 -105.59 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3132585L7 AMORTIZED PREMIUM ON F H L M C #ZS7403 3.000% 5/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -79.81 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3132AEF68 AMORTIZED PREMIUM ON F H L M C #ZT1989. 3.500% 1/01/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -70,74 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3132AEF68 INTEREST EARNED ON F H L M C #ZT1989 3.500% 1/01/33 $1 PV ON 120.2100 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 120.21 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3132AEF68 PAID DOWN PAR VALUE OF F H L M C #ZT1989 3.500% 1/01/33 AUGUST FHLMC DUE 9/25/21 -934.4500 0.000000 934.45 -1,009.31 -74,86 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3132AEFC5 INTEREST EARNED ON F H L M C #ZT1963 3.500% 11/01/30 $1 PV ON 242.6400 SHARES DUE 9/25/2021 AUGUST FHLMC DUE 9/25/21 0.0000 0.000000 242,64 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3132AEFC5 PAID DOWN PAR VALUE OFF H L M C #ZT1963 3.500% 11/01/30 AUGUST FHLMC DUE 9/25/21 -2,017.5900 0.000000 2017.59 -2141.83 -124.24 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313250F05 AMORTIZED PREMIUM ON F H L M C #ZT1963 3.500% 11/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -126,94 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3133055Z3 AMORTIZED PREMIUM ON F H L M C GTD REMIC 1.000% 9/25/33 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -20.18 0.00 0.00 468 Page 121 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account • Account Transaction Date Trade Date Settlement Date CUSTP Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 3133Q5GZ3 INTEREST EARNED ON F H L M C GTD REMIC 1.000% 9/25/33 $1 PV ON 53.0200 SHARES DUE 9/25/2021 $0.00083/PV ON 63,618.34 PV DUE 9/25/21 0.0000 0.000000 53.02 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3133055Z3 PAID DOWN PAR VALUE OF F H L M G GTD REMIC 1.000% 9/25/33 -1,875.9500 0.000000 1,875.95 -1,897.56 -21.61 0.00 -1.26 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136072D3 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.482% 4/25/22 -1,015.5000 0.000000 1,015.50 -1,016.76 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 3136A72D3 INTEREST EARNED ON F N M A GTD REMIC 2.482% 4/25/22 $1 PV ON 10.0000 SHARES DUE 9/25/2021 $0.00207/PV ON 4,83241 PV DUE 9/25/21 0.0000 0.000000 10.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136072D3 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.482% 4/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -0.87 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313607525 AMORTIZED PREMIUM ON F N M A GTD REMIC 3.000% 7/25/41 CURRENT YEAR AMORTIZATION 0:0000 0.000000 0.00 -5:61 10(00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136A7025 PAID DOWN PAR VALUE OF F N M A GTD REMIC 3.000% 7/25/41 -2298.9300 0.000000 2298.93 -2,322.23 -23.30 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136A7D25 INTEREST EARNED ON F N M A GTD REMIC 3.000% 7/25/41 $1 PV ON 76.1600 SHARES DUE 9/25/2021 $0.00250/PV ON 30,465.93 PV DUE 9/25/21 0.0000 0.000000 76.16 0.00 x0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136A8059 INTEREST EARNED ON F N M A GTD REMIC 1.500% 9/25/27 01 PV ON 21-8400 SHARES DUE 9/25/2021 $0.00125/PV ON 17,471.42 PV DUE 9/25/21 0.0000 0.000000 21.84 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136A8SX9 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 9/25/27 -547.8900 0.000000 547.89 -555127 -8.38 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313608009. AMORTIZED PREMIUM ON F 3 M A GTD REMIC 1.500% 9/25/27 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -9.14 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136A96F0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.183% 11/25/22 -873.6600 0.000000 873.66 -846:80 0.00 26.86 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136096F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/22 $1 PV ON 56.4900 SHARES DUE 9/25/2021 $0.00182/PV ON 31,041.65 PV DUE 9/25/21 0.0000 0.000000 56.49 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136096F0 INTEREST EARNED ON F N M A GTD REMIC 2.183% 11/25/22 $1 PV ON 31041.6500 SHARES DUE 9/25/2021 PENALTY PAYMENT 0.0000 0.000000: 3.14 0.00 0.00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136ABNZ2 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/42 01 PV ON 34.5200 SHARES DUE 9/25/2021 $0.00167/PV ON 20,711.09 PV DUE 9/25/21 0.0000 0.000000 34.52 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136ABNZ2 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.000% 11/25/42 -804,0500 8.050008 804.06 -818.09 -14.03 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136ABNZ2 AMORTIZED PREMIUM ON F N M A GTD REMIC 2.000% 11/25/42 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.95 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136AC7J4 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.533% 3/25/23 -52.0800 0.000000 52.08 -51.22 0.00 0.86 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136AC7J4 INTEREST EARNED ON F N M A GTD REMIC 2.533% 3/25/23 $1 PV ON 52.5200 SHARES DUE 9/25/2021 00.00218/PV ON 24,076.37 PV DUE 9/25/21 0.0000 0.000000 5252 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136ADZA0 INTEREST EARNED ON F N M A GTD REMIC 1.250% 4/25/28 01 PV ON 46.9500 SHARES DUE 9/25/2021 $0.00104/PV ON 45,076.74 PV DUE 9/25/21 0.0000 0.000000 46,95 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136ADZA0 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.250% 4/25/28 -1,278.3000 0.000000 1,278.30 -1,291.06 -12.76 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136ADZA0 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.250% 4/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -14.32 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136AEY84 AMORTIZED PREMIUM ON F N M A GTD REMIC 1.750% 7/25/28 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -10.29 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021. 31360EY84 INTEREST EARNED ON F N M A GTD REMIC 1.750% 7/25/28 $1 PV ON 29.0400 SHARES DUE 9/25/2021 $0.00146/PV ON 19,913.42 PV DUE 9/25/21 0.0000 0.000000 29.04 0.00 0.00 0:00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136AEY84 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.750% 7/25/28 -415.6400 0.000000 415.64 -422,61 -6.97 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136AMM48 PAID DOWN PAR VALUE OFFN M A GTD REMIC 2.509% 7/25/22 -747.9800 0.000000 74298 -780.22 0,00 17.76 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3136AMM48 INTEREST EARNED ON F N M A GTD REMIC 2.509% 7/25/22 $1 PV ON 103.3500 SHARES DUE 9/25/2021 $0.00209/PV ON 49,431.21 PV DUE 9/25/21 0.0000 0.000000 103.35 0.00 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021. 3136AQZK9 INTEREST EARNED ON F N M A GTD REMIC 2.000% 11/25/31 $1 PV ON 101.1400 SHARES DUE 9/25/2021 $0.00167/PV ON 60.686.56 PV DUE 9/25/21 0.0000 0.000000 101.14 0.00 0,00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3136AQZK9 PAID DOWN PAR VALUE OFFN M A GTD REMIC 2.000% 11/25/31 -1,534.4500 0.000000 1,534.45 -1,576.65 -42.20 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 3136AQZK9 AMORTIZED PREMIUM ON F NM A GTD REMIC 2.000% 11/25/31 CURRENT YEAR AMORTIZATION 0:0000 0.000000 000 -01.59 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137AJMF8 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.9676%10/25/21 -25,408.0600 0.000000 25,408.06 -25,323.69 0.00 84.37 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137AJMF8 INTEREST EARNED ON F H L M C MLTCL MT 29676%10/25/21 $1 PV ON 65,5000 SHARES DUE 9/25/2021 $0.00247/PV ON 26,486.87 PV DUE 9/25/21 0.0000 0.000000 65:50 0:00 0.00 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLA 2.373% 5/25/22 -2307.8800 0.000000 2307.88 -2,244.14 0.00 63.74 Page 122 of 135 S1_ RIVERSIDE COUNTY TRANSPORTATION CflMMISQ[1M 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Transacti,n Date Trade Date Settlement Date CUSH' Desc -.tion Units' Price Amount Am unt Short Term Net Cash Federal Tax Cost Cain/Loss Amount Long Term Gain/Loss Amount Z4UYU/ULU HU IC ZUI / IIFIA RAMP UP FU UY/Z//ZUZI 313/AISW4 IN I EKES I EARNED UN F H LM 0 MUL I IULA L.3/3%5/LS/ZZSI VV UN 208.2000 SHARES DUE 9/25/2021 $0.00210/PV ON 99,101.23 PV DUE 9/25/21 8.8888 U.UUUUUU ZUH.ZU U.UU U.UU 0.00 0.00 U.U2 27.36 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137AXHN6 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.749% 2/25/22 -1,989.4300 0.000000 1,989.43 -1,962.07 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 3137AXHN6 INTEREST EARNED ON F H L M C MLTCL MTG 1.749% 2/25/22 $1 PV ON 5.2100 SHARES DUE 9/25/2021 $0.00146/PV ON 3,577.50 PV DUE 9/25/21 0.0000 0.000000 5.21 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137AYCE9 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.682% 10/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -57.53 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137AYCE9 INTEREST EARNED ON F H L M C MLTCL MTG 2.682% 10/25/22 31 PV ON 223.5000 SHARES DUE 9/25/2021 $0.00224/PV ON 100,000.00 PV DUE 9/25/21 0.0000 0.000000 223100 0;00 0.00 o 00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 313781 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 3.22404% 1/25/23 -310.6500 0.000000 310.65 -305.38 0.00 5.27 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137B1U75 INTEREST EARNED ON F H L M C MLTCL MT 3.22404% 1/25/23 31 PV ON 2025000 SHARES DUE 9/25/2021 $0.00210/PV ON 96,349.22 PV DUE 9/25/21 0.0000 0.000000 202:50 0.00 '000. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 313781 UF7 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.785% 9/25/22 -910.3400 0.000000 910.34 -896.97 0.00 13.37 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313761 UF7 INTEREST EARNED ON F H L M C MLTCL MTG 1.785% 9/25/22 31 PV ON 14.6800 SHARES DUE 9/25/2021 $0.00149/PV ON 9,871.45 PV DUE 9/25/21 0.0000 0.000000 14.68 0.00 :0:00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 313783NW4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.778% 9/25/22 -2,297.5800 0.000000 2,297,58 -2,277.84 0.00 19.74 240907020 ROTC 2017 TIFIA RAMP UP FD 09/27/2021 3137B3NW4 INTEREST EARNED ON F H L M C MLTCL MTG 2.778% 9/25/22 31 PV ON 70.3100 SHARES DUE 9/25/2021 $0.00232/PV ON 30,371.17 PV DUE 9/25/21 0.0000 0.000000 70.31 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313707YY9 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.48996% 1/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -485.12 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137B7YY9 INTEREST EARNED ON F H L M C MLTCL MT 3.48996% 1/25/2431 PV ON 607 8300 SHARES DUE 9/25/2021 $0.00291/PV ON 209,000.00 PV DUE 9/25/21 0.0000 0.000000 607.83 0.00 0.00': 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137BDCW4 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.303% 7/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -372.90 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137BDCW4 INTEREST EARNED ON F H L M C MLTCL MTG 3.303% 7/25/24 $1 PV ON 481.6900 SHARES DUE 9/25/2021 30.00275/PV ON 175,000.00 PV DUE 9/25/21 0.0000 0.000000 481.69 0.00 0.00' 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137BFE80 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 2.720% 8/25/24 -1,680.4300 0.000000 1,680.43 -1,733.29 0.00 -52.86 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 3137BFE80 INTEREST EARNED ON F H L M C MLTCL MTG 2.720% 8/25/2431 PV ON 167.0100 SHARES DUE 9/25/2021 $0.00227/PV ON 73,681.42 PV DUE 9/25/21 0.0000 0.000000 167.01 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137BFE80 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 2.720% 8/25/24 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -67.47 0.00 0.00 240907020 RCTC 2017 11FIA RAMP UP FD 09/27/2021 31370J071 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.76997% 5/25/25 CURRENT YEAR AMORTIZATION 0:0000 0.000000 0100. -241.15 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31378J071 INTEREST EARNED ON F H L M C MLTCL MT 276997% 5/25/25 $1 PV ON 150000.0000 SHARES DUE 9/25/2021 0.0000 0.000000 346.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137BLW87 PAID DOWN PAR VALUE OFF H L M C MLTCL MTG 2.802% 1/25/25 -3,897.2400 0.000000 3,897.24 -4,064.88 -167.59 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137BLW87 INTEREST EARNED ON F H L M C MLTCL MTG 2.802% 1/25/25 $1 PV ON 440.4000 SHARES DUE 9/25/2021 $0.00234/PV ON 188,609.60 PV DUE 9/25/21 0.0000 0.000000 440.40 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP 11P F0 09/27/2021 3137BLW87 AMORTIZED PREMIUM ON F H L M C MLTC_LMTG 2.802% 1/25/25 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00 -206:43 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3137BQBY2 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.18304% 5/25/22 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -6.56 0.00 0.00 240907020 RCTC 2017TIF1A RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3137008Y2 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.18304% 5/25/22 -547.3300 0.000000 547.33 -548.18 0.00 -0.85 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 313780002 INTEREST EARNED ON F H L M C MLTCL MT 2.18304% 5/25/22 $1 PV ON 60.1900 SHARES DUE 9/25/2021 30.00182/PV ON 33,086.62 PV DUE 9/25/21 0.0000 0.000000 60.19 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FO 09/27/2021 3138EJPZ5 AMORTIZED PREMIUM ON F N M A#AL2239 2890%7/01/22 CURRENT YEAR AMORTIZATION 0.0000 0000000. 0.00 -7.47 :0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 PV ON 36.1200 SHARES DUE 9/25/2021 P & I DUE 09/25/21 0.0000 0.000000 36.12 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3138EJPZ5 INTEREST EARNED ON F N M A #AL2239 2.890% 7/01/22 $1 P8019 14151.4200 SHARES DUE 9/25/2021 9/25/21 INT PYMT 0.0000 0.000000 33.04 0,00 :0.00 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3138EJPZ5 PAID DOWN PAR VALUE OF F N M A #AL2239 2.890% 7/01/22 P &I DUE 09/25/21 -8,361.3400 0.000000 8,361.34 -8,401.04 0.00 -39.70 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3138EQRJ3 INTEREST EARNED ON F N M A #AL7688 3.500% 11/01/30 31 PV ON 546 5600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 546.56 0:00 X0:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3138EQRJ3 PAID DOWN PAR VALUE OF F N M A #AL7688 3.500% 11/01/30 AUGUST FNMA DUE 9/25/21 -6,291.1400 0.000000 6,291.14 -6,692.79 -401.65 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD '09127/2021 3138EQRJ3 AMORTIZED PREMIUM ON F N M A #AL7688 3.500%11/Ol/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 295:46 0.00 0.00 470 Page 123 of 135 RCTC RIVERSIDE COUNTY TRANSPORTATION 2017 Financing STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2021 Source Account Description Units Price Net Cash Amount Federal Tax Cost Amount Short Term Gain/Loss Amount Long Term Gain/Loss Amount Account Transaction Date Trade Date Settlement Date CUSHP 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 3138ETQP4 AMORTIZED PREMIUM ON FN M A #AL8561 3.500%6/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.000000 0.000000 0.00 104.96 -61.11 0.00 0.00 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3138ETQP4 INTEREST EARNED ON F N M A #AL8561 3.500% 6/01/31 $1 PV ON 104.9600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3138ETQP4 PAID DOWN PAR VALUE OF F N M A #AL8561 3.500% 6/01/31 AUGUST FNMA DUE 9/25/21 -951.0000 951.00 -1,019.09 -68.09 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 3138WEMJ5 INTEREST EARNED ON F N M A #AS4860 2.500% 5/01/30 $1 PV ON 429.8800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 429.88 0.00 0,00 0.00 240907020 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3138WEMJ5 PAID DOWN PAR VALUE OF F N M A #054860 2.500% 5/01/30 AUGUST FNMA DUE 9/25/21 -6,657.1700 0.000000 6,657.17 -6,940.78 -283.61 0.00 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3138WEMJ5 AMORTIZED PREMIUM ON F N M A #A04860 2.500% 5/01/30 CURRENT YEAR AMORTIZATION 00000 0.000000 000 -196:61 ;0:00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 31392J604 PAID DOWN PAR VALUE OF F N M A GTD REMIC 5:500% 4/25/23 -8,915.2800 0.000000 8,915.28 -8,949.64 0.00 -34.36 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31392J6N4 INTEREST EARNED ON F N M A GTD REMIC 5.500% 4/25/23 $1 PV ON 458.7300 SHARES DUE 9/25/2021 $0.00458/PV ON 100,085.78 PV DUE 9/25/21 0.0000 0.000000 458.73 0:00 10.00 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31392J6N4 AMORTIZED PREMIUM ON F N M A GTD REMIC 5.500% 4/25/23 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -40.95 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 3140J8ME0 AMORTIZED PREMIUM ON F N M A #8M3956 3.000%12/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 :0.00 -28.39 0.00 0.00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 3140J8ME0 INTEREST EARNED ON F N M A #0M3956 3.000%12/01/32$1 PV ON 64.2700 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 64.27 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3140J8ME0 PAID DOWN PAR VALUE OF F N M A #BM3956 3.000% 12/01/32 AUGUST FNMA DUE 9/25/21 -460.6900 0.000000 460.69 -487.22 -26.53 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 314004H90 INTEREST EARNED ON F N M A #FM1155 2.500% 6/01/32 $1 PV ON 396.7300 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 396.73 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 314004H90 PAID DOWN PAR VALUE OF F N M A #FM1155 2.500% 6/01/32 AUGUST FNMA DUE 9/25/21 -5,662,3400 0.000000 5,662.34 -5,926,65 -264.31 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3140X4H90 AMORTIZED PREMIUM ON F N M A #FM1155 2.500% 6/01/32 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -166.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021. 09/27/2021 3140X7LS6 PAID DOWN PAR VALUE OF F N M A #FM3936 2.500% 8/01/35 AUGUST FNMA DUE 9/25/21 -4,309.6200 0.000000 4,309.62 -4,512.32 -202.70 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3140X7LS6 INTEREST EARNED ON F N M A #FM3936 2.500% 8/01/35 01 PV ON 226.6400 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 226.64 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3140X7LS6 AMORTIZED PREMIUM ON F N M A #FM3936 2.500% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -77.76 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3140X99K5 AMORTIZED PREMIUM ON F N M A #FM6017 3.000% 2/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -91.20 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 3140X9VK8 INTEREST EARNED ON F N M A #FM6017 3.000% 2/01/35 S1 PV ON 210.0800 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 210.08 0.00 = 0.08 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 3140091/K8 PAID DOWN PAR VALUE OF F N M A #FM6017 3.000% 2/01/35 AUGUST FNMA DUE 9/25/21 -2,713.0800 0.000000 2,713.08 -2,887.85 -174,77 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418CDH4 INTEREST EARNED ON F N M A #MA2803 2.500%11/01/31 $1 PV ON 83.8400 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 83.84. 0:00 0,00. 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 31418CDH4 PAID DOWN PAR VALUE OF F N M A #MA2803 2.500% 11/01/31 AUGUST FNMA DUE 9/25/21 -1,448.1600 0.000000 1,448.16 -1,512.20 -64.04 0.00 240907020 240907020 _ 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 31418CDH4 AMORTIZED PREMIUM ON F N M A #MA2803 2.500% 11/01/31 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -34:81 0.00 0.00 RCTC 2017TIFIA RAMP UP FD 09/27/2021 31418D047 AMORTIZED PREMIUM ON F N M A #MA4074 2.000% 6/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -97.06 0.00 0.00 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418D047 INTEREST EARNED ON F N M A #MA4074 2-000% 6/01/35 $1 PV ON 326.8600 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 326.86 0,80 000 0.00 240907020 _ 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 31418/3047 PAID DOWN PAR VALUE OF F N M A #MA4074 2.000% 6/01/35 AUGUST FNMA DUE 9/25/21 -6,597.5200 0.000000 6,597.52 -6,813.12 -215.60 0.00 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418DSA1 INTEREST EARNED ON F N M A #MA4112 3.000% 8/01/35 $1 PV ON 217.1200 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0:000000 217.12 000 [0.00^ 0:00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 31418D001 PAID DOWN PAR VALUE OF F N M A #MA4112 3.000% 8/01/35 AUGUST FNMA DUE 9/25/21 -5,545.5700 0.000000 5,545.57 -5,808,57 0.00 -263.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418DSA1 AMORTIZED PREMIUM ON F N M A #M04112 3.000% 8/01/35 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0:00: -6763 0.00 0,00 240907020 RCTC 2017TIFIA RAMP UP FD 09/27/2021 31418DVU3 AMORTIZED PREMIUM ON F N M A#MA4226 2.000% 12/01/30 CURRENT YEAR AMORTIZATION 0.0000 0.000000 0.00 -152:87 0.00 0.00 240907020 RCTC 2017 TIFlA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 314180V03 PAID DOWN PAR VALUE OF F N M A #MA4226 2.000% 12/01/30 AUGUST FNMA DUE 9/25/21 -6,041.9500 0.000000 6,041:95 -6,241.82 -199.87 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418DVU3 INTEREST EARNED ON F N M A #MA4226 2.000%12/01/30 $1 PV ON 366.9700 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 0.0000 0.000000 366.97 0.00 0.00 0.00 471 Page 124 of 135 RIVERSIDE COUNTY 2017 Financing STAMP Portfolio Transaction Report by Account RCTC TRANSPORTATION Quarter ended September 30, 2021 , _ - - Short Term Long Term Net Cash Federal Tax Cost Cain/Loss Gain/Loss So'J}[rk? -0- Transaction Date Trade Date Settlement Date CUSIP Description Units Price Amount Amount Amount Amount -AO:NMS- 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 31418D000 INTEREST EARNED ON F N M A #MA4279 2.000% 3/01/36 $1 PV ON 0.0000 0.000000 392.40 0.00 0.00 0.00 392.4000 SHARES DUE 9/25/2021 AUGUST FNMA DUE 9/25/21 240907020 RCTC 2017 TIFIA RAMP UP FD 09/27/2021 09/25/2021 09/27/2021 31418DXH0 PAID DOWN PAR VALUE OF F N M A #MA4279 2.000% 3/01/36 -5,304.1500 0.000000 5,304.15 -5,482.47 -178.32 0.00 AUGUST FNMA DUE 9/25/21 240907020 RCTC 2017 TIRA RAMP UP FD 09/27/2021 31418DXH0 AMORTIZED PREMIUM ON F N M A #MA4279 2.000% 3/01/36 0.0000 0.000000 0.00 -114.99 0.00 0.00 CURRENT YEAR AMORTIZATION 240907020 RCTC 2017 TIFIA RAMP UP FD 09/28/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -1,129.73 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/28/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 1,129.73 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/30/2021 CASH RECEIPT TRANSFER FROM INCOME INCOME EARNINGS 0.0000 0.000000 8,106.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/30/2021 CASH DISBURSEMENT TRANSFER TO PRINCIPAL INCOME EARNINGS 0.0000 0.000000 -8,106.25 0.00 0.00 0.00 240907020 RCTC 2017 TIFIA RAMP UP FD 09/30/2021 912828L57 AMORTIZED PREMIUM ON U S TREASURY NT 1.750% 9/30/22 0.0000 0.000000 0.00 -1,124.59 0.00 0.00 CURRENT YEAR AMORTIZATION 240907020 RCTC 2017 TIFIA RAMP UP FD 09/30/2021 912828L57 INTEREST EARNED ON U S TREASURY NT 1.750% 9/30/22 $1 PV ON 0.0000 0.000000 6,343.75 0,00 0.00 0.00 725000.0000 SHARES DUE 9/30/2021 240907020 RCTC 2017 TIFIA RAMP UP FD 09/30/2021 912828ZF0 INTEREST EARNED ON U S TREASURY NT 0,500 % 3/31/25 S1 PV ON 0.0000 0.000000 1,762.50 0.00 0.00 0.00 705000.0000 SHARES DUE 9/30/2021 3,503,399.10 (3,473,805.88) (6,786.23) 2,318.23 472 Page 125 of 135 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Payden & Rygel Operating Portfolio by Investment Category for Quarter ended September 30, 2021 ATTACHMENT 8 Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COM CUSIP Securi T n e Cate o Issuer Next Call Final Maturi Trade Date Date Ori Mal Cost Base Market Value -Unrealized Gain/Loss Cou on Yield Moody Ratin S&P Ratin' 010831DQ5 023135AJ5 023135BP0 023135BW5 037833DL1 037833DV9 05588CAC6 06050TMJ8 06051GJR1 06406RAK3 06406RAM9 072024W N8 088006JW2 13032UUZ9 13063BFS6 13066YTZ2 13077DMJ8 14043MAC5 144141DC9 166756AJ5 166764AU4 20772JKP6 20772KGM5 20772KJU4 212204JC6 250847EJ5 26208VAD8 262108AD5 30231 GBB7 3130AKXQ4 3134GXDZ4 3136AKQM8 3137ATRW4 3137B1U75 3137B36J2 3137B4GY6 3137B4WB8 3137FYUR5 31846V203 378460YB9 419792YL4 43815NAC8 440452AG5 46647PBB1 46647PBZ8 47789JAD8 47789KAC7 544290JH3 5445872S6 544587Y28 57582RF76 58770FAC6 61747YEA9 61772BAA1 62451FKF6 164990FD43 CASH CASH MUNICIPAL OBLIGATIONS CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL US TREAS & AGENCY OBL CASH EQUIVALENTS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS CORPORATE OBLIGATION CORPORATE OBLIGATION CORPORATE OBLIGATION MUNICIPAL OBLIGATIONS MUNICIPAL OBLIGATIONS Principal Cash Income Cash ALAMEDA CNTY CA JT PWRS AUTH LEASE AMAZON COM INC AMAZON COM INC SR NT AMAZON COM INC APPLE INC APPLE INC BMW VEHICLE OWNER TRUST BANK OF AMERICA NA BK OF AMERICA CORP FR 04/22/2025 BANK OF NY MELLON CORP 08/23/2022 BANK OF NY MELLON CORP 01/27/2023 BAY AREA CA TOLL AUTH TOLL BRIDGE 04/01/2023 BEVERLY HILLS CALIF PUB FING AUTH 06/01/2022 CALIFORNIA ST HLTH FAGS FING AUTH 06/01/2022 CALIFORNIA ST BUILD AMERICA BONDS 03/01/2022 CALIFORNIA ST DEPT OF WTR RESOURCES 05/01/2022 CALIFORNIA ST UNIV REV TAXABLE 11/01/2023 CAPTIAL ONE PRIME AUTO 11/15/2024 PROGRESS ENERGY CAROLINA 05/15/2022 CHEVRON USA INC 08/11/2023 CHEVRON CORP 03/03/2022 CONNECTICUT ST TXBL SER 10/15/2021 CONNECTICUT ST SER A 04/15/2023 CONNECTICUT ST TAXABLE GO BDS 2020 A 07/01/2022 CONTRA COSTA CA CMNTY CLG DIST TXBL 08/01/2022 DETROIT EDISON COMPANY 06/15/2022 DRIVE AUTO RECEIVABLES TRUST 05/15/2024 DRIVE AUTO RECEIVABLES TRUST 07/15/2025 EXXON MOBIL CORPORATION 08/16/2022 FEDERAL HOME LOAN BKS 02/12/2026 FHLMC M T N 11/25/2024 F N M A GTD R E M I C PASS THRU 06/25/2024 F H L M C MULTICLASS MTG PARTN 05/25/2022 F H L M C MULTICLASS MTG PARTN 01/25/2023 F H L M C MULTICLASS MTG PARTN 02/25/2023 F H L M C MULTICLASS MTG PARTN 05/25/2023 F H L M C MULTICLASS MTG PARTN 07/25/2023 F H L M C MULTICLASS MTG PARTN 08/26/2024 FIRST AMERICAN GOVERNMENT GLENDALE CA UNI SCH DIST TAXABLE GO 09/01/2022 HAWAII ST SER FX 01/01/2022 HONDA AUTO RECEIVABLES 08/15/2023 HORMEL FOODS CORP 06/03/2024 JPMORGAN CHASE CO 04/01/2023 JPMORGAN CHASE CO 03/16/2024 JOHN DEERE OWNER TRUST 07/17/2023 JOHN DEERE OWNER TRUST 08/15/2024 LOS ALTOS CA SCH DIST TAXABLE GO 10/01/2024 LOS ANGELES CA MUN IMPT CORP LEASE 11/01/2024 LOS ANGELES CA MUN IMPT CORP LEASE 11/01/2022 MASSACHUSETTS ST TAXABLE GO REF BDS 07/01/2022 MERCEDES BENZ AUTO LEASE MORGAN STANLEY MORGAN STANLEY MOUNTAIN VIEW WHISMAN CA SC TAXABLE NEW YORK ST DORM AUTH ST PERS 06/01/2023 04/24/2018 11/29/2022 06/03/2023 06/03/2020 05/12/2024 05/12/2021 09/11/2022 09/11/2019 05/11/2023 05/11/2020 01/25/2024 09/18/2019 01/25/2023 01/25/2019 01/25/2022 11/29/2012 08/29/2022 -5,221,063.39 5, 221, 063.39 133,524.81 308,401.74 269,622.00 254,627.70 524,910.75 194,469.60 187,499.48 520,000.00 524,966.00 235,000.00 99,968.00 299,790.00 680,000.00 330,000.00 520,000.00 210,000.00 300,502.79 150,000.00 289,938.35 251,146.70 115,000.00 500,643.28 120,048.04 300,902.33 120,990.82 300,000.00 181, 037.27 56,125.23 249, 976.95 300,000.00 559,608.00 300,000.00 410,618.71 184,145.36 128,288.04 488,749.01 534,036.06 503,085.17 260,471.85 826,703.77 330,000.00 190,000.00 178,235.40 49, 991.00 485,000.00 565,000.00 89,926.19 429,973.73 487,070.40 230,000.00 325,000.00 210,000.00 104, 756.48 105, 301.48 265,000.00 235,000.00 250,000.00 400,000.00 -5,221,063.39 5,221, 063.39 135,749.90 305, 946.00 270,615.60 254,484.90 532,124.25 196,423.50 189,045.51 0.00 0.000000000 0.00 0.000000000 2,225.09 3.095 2.975875696 -2,455.74 2.500 2.455457992 993.60 0.400 0.400140049 -142.80 0.450 0.453405072 7,213.50 1.700 1.678813 375 1,953.90 0.750 0.747131017 1,546.03 1.920 1.906123421 4,966.00 3.335 3.313297899 1,250.20 0.976 0.980254304 A2 1,631.00 1.950 1.925165367 Al AA1 AA+ Al AA Al AA Al AA AA1 AA+ AA1 AA+ N/A AAA AA2 A+ 04/22/2021 04/22/2024 08/23/2019 01/28/2020 01/02/2023 09/26/2019 10/15/2020 11/25/2019 04/01/2010 09/28/2016 09/17/2020 02/19/2020 05/18/2012 02/15/2022 08/12/2020 03/03/2015 11/16/2012 04/11/2019 06/11/2020 09/12/2019 06/22/2012 06/17/2020 04/21/2021 08/16/2019 02/12/2021 11/25/2020 11/25/2022 07/01/2014 09/01/2012 05/07/2013 07/01/2013 09/01/2013 10/01/2013 05/07/2021 06/02/2020 02/21/2019 08/27/2019 06/03/2021 03/22/2019 03/16/2021 03/13/2019 03/11/2020 06/10/2021 03/04/2021 08/20/2020 07/09/2020 06/03/2022 04/01/2022 03/16/2023 236,250.20 101, 599.00 305,718.00 699,373.20 330,323.40 525, 808.40 215,541.90 303,225.00 150,153.00 292,871.00 252,367.50 115,290.95 501,010.00 120,084.00 311,586.00 122,064.00 303,756.00 181,954.80 56,179.58 250,685.00 304,557.00 554,019.20 298,518.00 410,430.35 185,641.62 130,024.75 497, 356.80 531,986.10 510, 570.20 260,487.48 826,703.77 332,821.50 191,219.80 179, 566.53 50,048.00 491,780.30 566,632.85 90,725.99 432,967.00 484,507.20 229,857.40 325,828.75 210,369.60 5,928.00 1.850 1.820024201 Al 19,373.20 2.184 2.129755137 AA3 323.40 0.373 0.372690667 N/A 5,808.40 1.893 1.874925716 AA3 5,541.90 6.650 6.510225459 M2 2,722.21 2.000 1.981630287 N/R 153.00 0.475 0.475985290 AA2 2,932.65 1.600 1.585854181 N/A 1,220.80 2.800 2.779487383 AA3 290.95 0.426 0.426733982 AA2 366.72 VAR 0.657395476 AA2 35.96 2.401 2.401000000 N/R 10,683.67 2.921 2.821050192 AA3 1,073.18 2.500 2.463078454 AA3 3,756.00 1.652 1.633702532 AA1 917.53 2.650 2.626180542 AA3 54.35 0.830 0.829568624 AAA 708.05 0.650 0.649571283 AAA 4,557.00 1.902 1.877999171 AA2 -5,588.80 0.600 0.611302992 WR -1,482.00 0.450 0.455493249 AAA -188.36 3.056 2.930571538 N/A 1,496.26 2.373 2.355685710 N/A 1,736.71 2.522 3.181660285 N/A 8,607.79 3.320 3.214931798 N/A -2,049.96 VAR 3.187036021 N/A 7,485.03 3.060 2.951502759 AAA 15.63 VAR 0.249767279 N/A 0.00 0.005986000 2,821.50 1.041 1.033158328 AA1 1,219.80 2.770 2.758030149 AA2 1,331.13 1.780 1.767802165 AAA 57.00 0.650 0.652106303 Al 6,780.30 3.207 3.172044074 A2 1,632.85 0.697 0.696853661 A2 799.80 2.910 2.887706903 AAA 2,993.27 1.100 1.094472912 AAA -2,563.20 1.000 0.997048736 N/A -142.60 0.683 0.687759294 N/A 828.75 0.515 0.514023356 N/A 369.60 0.386 0.385418019 AA1 A- A A AA AA+ AA- AA - AA+ AA - AAA A AA- AA- N/R A+ A+ AA+ A AAA AA AA - AA+ N/A N/A N/A N/A N/A N/A N/A N/A N/A AA+ AAA A A- A - N/A N/A AA+ AA- AA - AA AAA 12/15/2022 01/29/2020 05/30/2025 04/05/2024 09/01/2022 03/15/2025 545.00 1.840 1.832377310 AAA 06/01/2021 04/22/2021 03/05/2024 05/19/2020 06/23/20214}3 264,186.45 235,780.20 252,095.00 401,128.00 -813.55 0.790 0.798584786 780.20 0.731 0.731870926 2,095.00 1.043 1.035297387 1,128.00 0.887 0.894054087 Al BBB+ Al AAA N/A BBB+ AA+ AA+ OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Pavden & Rvael Operating Portfolio by Investment Cateaory for Quarter ended September 30, 2021 Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COM CUSIP Security T. ' e Category Issuer Next Call Final Maturity Trade Date Date Original Cost Base Market Unrealized Moody S&P Value Gain/Loss Coupon Yield Rating Ratin' 654106AH6 CORPORATE OBLIGATION 693304AP2 CORPORATE OBLIGATION 69351 UAY9 CORPORATE OBLIGATION 69371RR40 CORPORATE OBLIGATION 76913CAX7 MUNICIPAL OBLIGATIONS 786134WD4 MUNICIPAL OBLIGATIONS 79466LAG9 CORPORATE OBLIGATION 796720ME7 MUNICIPAL OBLIGATIONS 796720NP1 MUNICIPAL OBLIGATIONS 797299LT9 MUNICIPAL OBLIGATIONS 79730WAY6 MUNICIPAL OBLIGATIONS 79770GGP5 MUNICIPAL OBLIGATIONS 80136PCY7 MUNICIPAL OBLIGATIONS 80285WAD9 CORPORATE OBLIGATION 835569GP3 MUNICIPAL OBLIGATIONS 842475P58 MUNICIPAL OBLIGATIONS 86787EAY3 CORPORATE OBLIGATION 89238UAD2 CORPORATE OBLIGATION 90331HPF4 CORPORATE OBLIGATION 91282CBA8 US TREAS & AGENCY OBL 91282CBE0 US TREAS & AGENCY OBL 91282CBG5 91282CBR1 91282CBU4 91282CCC3 91282CCG4 91282CCL3 91282CCU3 91282CCX7 91324PDM1 91412HDJ9 916544ER6 US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE US TREAS & AGENCY OBL U S TREASURY NOTE CORPORATE OBLIGATION UNITEDHEALTH GROUP INC 02/15/2024 MUNICIPAL OBLIGATIONS UNIV OF CALIFORNIA CA REVENUES TXBL 05/15/2022 MUNICIPAL OBLIGATIONS UPPER SANTA CLARA VY JT PWRS A 08/01/2022 NIKE INC SR NT 03/27/2025 PECO ENERGY CO 09/15/2022 PPL ELEC UTILS CORP 1ST MTG 06/24/2024 PACCAR FINANCIAL 08/09/2024 RIVERSIDE CNTY CALIF PENSION 0 BDS 02/15/2023 SACRAMENTO CNTY CALIF SANTN DI 12/01/2022 SALESFORCE COM INC 07/15/2024 SAN BERNARDINO CA CMNTY CLG DIST 08/01/2022 SAN BERNARDINO CALIF CMNTY COL 08/01/2023 SAN DIEGO CA PUBLIC FACS FINGAUTH 10/15/2021 SAN DIEGO CALIF REDEV AGY SUCC REF 09/01/2022 SAN FRANCISCO CITY CNTY CA REDEV AGY 08/01/2022 SANTA BARBARA CNTY CA SOLID WASTE 12/01/2021 SANTANDER DRIVE AUTO TR 07/15/2024 SONOMA CNTY CA JNR CLG DIST REF 08/01/2022 SOUTHERN CALIF PUB PWRAUTH PWR PRO 07/01/2023 SUNTRUST BANK 08/02/2024 03/27/2020 09/17/2012 06/24/2021 08/09/2021 05/06/2020 07/14/2020 07/12/2021 07/15/2022 12/12/2019 07/07/2020 06/21/2018 01/28/2016 11/30/2017 11/28/2018 09/23/2020 11/12/2019 09/24/2020 07/26/2018 08/02/2023 TOYOTA AUTO RECEIVABLES OWNER 09/15/2023 08/14/2019 US BANK NA CINCINNATI 01/09/2023 12/09/2019 12/09/2022 U S TREASURY NOTE 12/15/2023 12/15/2020 U S TREASURY NOTE 01/15/2024 01/15/2021 01/31/2023 01/31/2021 03/15/2024 03/15/2021 03/31/2023 03/31/2021 05/15/2024 05/15/2021 06/15/2024 06/15/2021 07/15/2024 07/15/2021 08/31/2023 08/31/2021 09/15/2024 09/15/2021 12/17/2018 06/05/2018 07/23/2020 02/27/2025 06/15/2022 06/24/2022 19,972.80 120,358.40 200,000.00 124,932.50 170,000.00 280,000.00 134,931.15 435,000.00 150,000.00 200,000.00 251,976.14 402,746.15 125,000.00 299,607.04 420,000.00 370,000.00 596,431.82 162,390.06 549,538.00 7,290,189.06 4,767,166.02 8,051,425.60 977,845.32 4,147, 956.65 978,698.44 278,359.38 4, 345, 516.56 558,578.13 979,985.93 590,416.55 285,307.31 330,000.00 20,988.40 121, 885.20 200,192.00 124,677.50 174,639.30 280,711.20 135,256.50 441,129.15 151,021.50 200,162.00 256,825.00 407,056.00 125,568.75 299,758.54 426,182.40 370,721.50 593,146.40 163,589.84 560,791.00 7,275,716.10 4,749,453.75 8,045,894.50 976, 589.60 4,145, 933.00 975,296.00 278,446.00 4,333,138.15 558,510.40 980,764.50 587,735.50 290,295.30 330,957.00 1,015.60 2.400 1,526.80 2.375 192.00 VAR -255.00 0.500 4,639.30 2.363 711.20 0.629 2.304324449 2.344220386 0.379741776 0.505275072 2.306310879 0.627901173 Al AA3 Al Al A2 AA AA2 AA A2 A+ AA1 AA AA1 AA N/A N/R N/A AA N/A AA - 325.35 0.625 0.626183487 6,129.15 1.883 1.859514334 1,021.50 0.729 0.726240287 162.00 2.994 2.994000000 4,848.86 3.250 3.171536195 4,309.85 2.375 2.337966609 568.75 3.300 3.292427417 151.50 VAR 0.000010000 6,182.40 1.969 1.943366989 721.50 0.527 0.527189788 -3,285.42 3.689 3.504122497 1,199.78 1.910 1.897212786 AA- A A A+ Al AA AAA N/A AA2 AA N/A AA - A2 A MA AAA Al AA - AAA N/A AAA N/A AAA N/A AAA N/A AAA N/A AAA N/A AAA N/A AAA N/A 11,253.00 1.950 1.916292416 -14,472.96 0.125 0.126132671 -17,712.27 0.125 0.126247324 -5,531.10 0.125 0.125220388 -1,255.72 0.250 0.252216987 -2,023.65 0.125 0.125357268 -3,402.44 0.250 0.252655408 86.62 0.250 0.252934035 -12,378.41 0.375 0.378382742 -67.73 0.125 0.125721642 778.57 0.375 0.378849107 -2,681.05 3.500 3.299147877 4,987.99 3.283 3.230663255 N/A N/A AAA N/A A3 A+ AA3 AA - N/A 957.00 0.525 0.523617649 AA 55,619,114.02 55,723,339.89 104,225.87 474 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description ATTACHMENT 9 Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 INTEREST EARNED ON CONNECTICUT ST 2.500% 7/01/22 $1 PV 07/01/2021 20772KJU4 ON 120000.0000 SHARES DUE 7/1/2021 AMORTIZED PREMIUM ON CONNECTICUT ST 2.500% 7/01/22 07/01/2021 20772KJU4 CURRENT YEAR AMORTIZATION 07/01/2021 07/01/2021 07/01/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y 0.00 - - - - 1,500.00 0 00 - - - - - (489 281 INTEREST EARNED ON FIRST AM GOVT 013 FD CL Y UNIT ON 0.0000 07/01/2021 31846V203 SHARES DUE 6/30/2021 INTEREST FROM 6/1/21 TO 6/30/21 INTEREST EARNED ON HAWAII ST SER FX 2.770% 1/01/22 $1 PV ON 07/01/2021 419792YL4 190000.0000 SHARES DUE 7/1/2021 -272,878.23 1.00 272,878.23 (272,878.23) 0.00 - - - 2.61 07/01/2021 07/01/2021 INTEREST EARNED ON MASSACHUSETTS ST 0.386% 7/01/22 $1 PV 57582RF76 ON 210000.0000 SHARES DUE 7/1/2021 INTEREST EARNED ON SOUTHERN CALIF CA 0.527% 7/01/23$1 PV 842475P58 ON 370000.0000 SHARES DUE 7/1/2021 0.00 - - - - 2,631.50 0.00 - - - 405.30 0.00 - 974.95 PURCHASED PAR VALUE OF U S TREASURY NT 0.250% 6/15/24 07/01/2021 06/30/2021 07/01/2021 91282CCG4 /MORGAN STANLEY 8 CO. LLC/280,000 PAR VALUE AT 99.41406429 % PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 07/01/2021 07/01/2021 91282CCG4 0.250% 6/15/24 07/02/2021 07/02/2021 07/02/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 013 FD CL Y 07/09/2021 07/09/2021 07/09/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON US BANK NA MTN 1.950% 1/09/23 $1 PV ON 07/09/2021 90331 HPF4 550000.0000 SHARES DUE 7/9/2021 0.00 07/12/2021 07/12/2021 07/12/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y -134,931.15 1..00 280,000.00 0.99 (278.359.38) 278.359.38 0.00 2.61 1.00 5,362.50 (30.60) - (2.61) 2.61 1.00 - - (5,362.50) 5,362.50 5,362.50 134,931.15 (134,931.15) PURCHASED PAR VALUE OF SALESFORCE COM INC 0.625% 7/15/24 07/12/2021 06/29/2021 07/12/2021 79466LAG9 /CITIGROUP GLOBAL MARKETS INC./135.000 PAR VALUE AT 99.949 % INTEREST EARNED ON CAPTIAL ONE PRIME 1.600% 11/15/24 $1 PV 07/15/2021 14043MAC5 ON 290000.0000 SHARES DUE 7/15/2021 0.00 - - - 386.67 INTEREST EARNED ON DRIVE AUTO 0.830% 5/15/24 $1 PV ON 62.2500 SHARES DUE 7/15/2021 $0.00069/PV ON 90,000.00 PV DUE. 07/15/2021 26208VAD8 7/15/21 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON 135.4200 SHARES DUE 7/15/2021 $0.00054/PV ON 250,000.00 PV DUE 07/15/2021 262108AD5 7/15/21 07/15/2021 07/15/2021 07/15/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 07/15/2021 07/15/2021 07/15/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON HONDA AUTO 1.780% 8/15/23 $1 PV ON 346.8200 SHARES DUE 7/15/2021 $0.00148/PV ON 233,809.39 PV DUE 07/15/2021 43815NAC8 7/15/21 07/15/2021 07/15/2021 07/15/2021 43815NAC8 PAID DOWN PAR VALUE OF HONDA AUTO 1.780% 8/15/23 -19,742.70 - - 19,742.70 (19,742.54) 0.16_ INTEREST EARNED ON JOHN DEERE OWNER 2.910% 7/17/23 $1 PV ON 305.1000 SHARES DUE 7/15/2021 $0.00243/PV ON 125,815.97 PV 07/15/2021 47789JAD8 DUE 7/15/21 0.00 - - - - 305.10 - 135.000.00 1.00 (134.931.15) 134.931.15 0.00 - - - 62.25 0.00 62,849.76 529.67 1.00 1.00 135,42 _ - (62,849.76) 62,849.76 (529.67) 529.67 0.00 - - - - 346.82 07/15/2021 07/15/2021 07/15/2021 47789JAD8 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 2.910% 7/17/23 -10,522.37 INTEREST EARNED ON JOHN DEERE OWNER 1.100% 8/15/24 $1 PV ON 394.1700 SHARES DUE 7/15/2021 $0.00092/PV ON 430,000.00 PV 07/15/2021 47789KAC7 DUE 7/15/21 INTEREST EARNED ON MERCEDES BENZ AUTO 1.840% 12/15/22 $1 PV ON 214.6700 SHARES DUE 7/15/2021 $0.00153/PV ON 140,000.00 07/15/2021 58770FAC6 PV DUE 7/15/21 10,522.37 (10,521.08) - 1.29 0.00 - - - - 394.17 07/15/2021 07/15/2021 07/15/2021 58770FAC6 PAID DOWN PAR VALUE OF MERCEDES BENZ AUTO 1.840% 12/15/22 INTEREST EARNED ON SANTANDER DRIVE 0.00001% 7/15/24 $1 PV ON 143.0000 SHARES DUE 7/15/2021 $0.00043/PV ON 330,000.00 PV 07/15/2021 80285WAD9 DUE 7/15/21 INTEREST EARNED ON TOYOTA AUTO 1.910% 9/15/23 $1 PV ON 341.9400 SHARES DUE 7/15/2021 $0.00159/PV ON 214,834.59 PV DUE 07/15/2021 89238UAD2 7/15/21 07/15/2021 07/15/2021 07/15/2021 89238UAD2 PAID DOWN PAR VALUE OF TOYOTA AUTO 1.910% 9/15/23 -18,893.60 0.00 - 214.67 -8,906.34 8,906.34 (8,905.17) - 1.17 0.00 - -- 143.00 0.00 341.94 INTEREST EARNED ON U 5 TREASURY NT 0.125% 1/15/24 $1 PV 07/15/2021 91282CBE0 ON 4775000.0000 SHARES DUE 7/15/2021 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON 18,893.60 (18,893.45) 0.15 0.00 - - - - 2.984.38 07/20/2021 262108AD5 117.3600 SHARES DUE 5/15/2021 0.00 - - (117.36) INTEREST EARNED ON DRIVE AUTC 07/20/2021 262108AD5 250000.0000 SHARES DUE 5/15/2021 07/20/2021 07/20/2021 07/20/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y -9.03 1.00 - 9.03 (9.03) TRUST FEES COLLECTED CHARGED FOR PERIOD 06/01/2021 THRU 07/26/2021 06/30/2021 COLLECTED BY DISBURSEMENT 0 00 - (579.661 INTEREST EARNED ON BMW VEHICLE OWNER 1.920% 1/25/24 $1 PV ON 399.7700 SHARES DUE 7/25/2021 $0.00160/PV ON 249,858.33 PV 07/26/2021 05588CAC6 DUE 7/25/21 0.00 - - 399.77 0.650% 7/15/25 $1 PV ON 0.00 - - - - 108.33 07/26/2091 07/25/2021 07/28/2021 0S5RRCACR PAID DOWN PAR VAI. IIP OF RMW VFHICLF OWNFR 1 920! 1/25/24 -22 R55 92 INTEREST EARNED ON BANK OF AMERICA MTN 3.335% 1/25/23 $1 PV 07/26/2021 06050TMJ8 ON 520000.0000 SHARES DUE 7/25/2021 92.86529 122.655 171 - 3.05 4775 8,671.00 Page fi28 of 1'35 FIFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 INTEREST EARNED ON FNMA GTD REMIC 3.056% 6/25/24 $1 PV ON 1028.7900 SHARES DUE 7/25/2021 $0.00255/PV ON 403,976.46 PV 07/26/2021 3136AKQM8 DUE 7/25/21 AMORTIZED PREMIUM ON FNMA GTD REMIC 3.056% 6/25/24 07/26/2021 3136AKQM8 CURRENT YEAR AMORTIZATION 07/26/2021 07/25/2021 07/26/2021 3136AKQM8 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.056% 6/25/24 INTEREST EARNED ON FNMA GTD REMIC 3.55998% 9/25/21 $1 PV ON 12.5700 SHARES DUE 7/25/2021 $0.00297/PV ON 4238.11 PV 07/26/2021 3136B1XP4 DUE 7/25/21 Miscellaneous Federal Tax Cost Short Term Long Ter ommissions SEC Fees Fees m Net Cash Amount Amount Gain/Loss Amount Gain/Loss Amount 0.00 - - - - 1,028.79 0.00 -787.92 787.92 0.00 - - - - 12.57 (622.17) (831.04) (43.12) AMORTIZED PREMIUM ON FNMA GTD REMIC 3.55998% 9/25/21 07/26/2021 3136B1XP4 CURRENT YEAR AMORTIZATION 07/26/2021 07/25/2021 07/26/2021 3136B1XP4 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.55998% 9/25/21 INTEREST EARNED ON FHLMC MULTICLASS 2.373% 5/25/22 $1 PV ON 374.2600 SHARES DUE 7/25/2021 $0.00198/PV ON 189,257.86 PV 07/26/2021 3137ATRW4 DUE 7/25/21 0.00 - - - - 374.26 AMORTIZED PREMIUM ON FHLMC MULTICLASS 2.373% 5/25/22 07/26/2021 3137ATRW4 CURRENT YEAR AMORTIZATION 0.00 - - - - (2.03) -2,434.08 2,041.65 2,434.08 (2,436.49 (2.41) 0.00 - (30.36) 07/26/2021 07/25/2021 07/26/2021 3137ATRW4 PAID DOWN PAR VALUE OF FHLMC MULTICLASS 2.373% 5/25/22 -494.79 INTEREST EARNED ON FHLMC MLTCL MTG 2.522% 1/25/23 $1 PV ON 271.7700 SHARES DUE 7/25/2021 $0.00210/PV ON 129,310.62 PV 07/26/2021 3137B1U75 DUE 7/25/21 0.00 - - - 271.77 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 2.522% 1/25/23 07/26/2021 3137B1U75 CURRENT YEAR AMORTIZATION 0.00 - - - - 07/26/2021 07/25/2021 07/26/2021 3137B1U75 PAID DOWN PAR VALUE OF FHLMC MLTCL MTG 2.522% 1/25/23 -432.24 - - 432.24 (433.14) INTEREST EARNED ON FHLMC MLTCL MT 3.320% 2/25/23 $1 PV ON 1326.4900 SHARES DUE 7/25/2021 $0.00276/PV ON 480,000.00 PV 07/26/2021 3137836.12 DUE 7/25/21 0 00 - - 1.326 49 AMORTIZED PREMIUM ON FHLMC MLTCL MT 3.320% 2/25/23 07/26/2021 3137B36J2 CURRENT YEAR AMORTIZATION 0.00 - - - - - (506.70) INTEREST EARNED ON FHLMC MLTCL MT 3.30996% 5/25/23 $1 PV ON 1406.7300 SHARES DUE 7/25/2021 $0.00276/PV ON 510,000.00 PV 07/26/2021 3137B4GY6 DUE 7/25/21 0.00 - 1,406.73 AMORTIZED PREMIUM ON FHLMC MLTCL MT 3.30996% 5/25/23 07/26/2021 3137B4GY6 CURRENT YEAR AMORTIZATION 0.00 INTEREST EARNED ON FHLMC MLTCL MTG 3.060% 7/25/23 $1 PV ON 1249.5000 SHARES DUE 7/25/2021 $0.00255/PV ON 490,000.00 PV 07/26/2021 3137B4W88 DUE 7/25/21 0.00 - - 1.249.50 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.060% 7/25/23 07/26/2021 3137B4WB8 CURRENT YEAR AMORTIZATION 0.00 - - - (587.66) INTEREST EARNED ON F H L M C MLTCL 0.20136% 8/26/24 $1 PV ON 50.3300 SHARES DUE 7/25/2021 $0.00017/PV ON 299,968.74 PV DUE 07/26/2021 3137FYUR5 7/25/21 0.00 - - - - 50.33 - 07/26/2021 07/25/2021 07/26/2021 3137FYUR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.20136% 8/26/24 _ -28,916.02 - - - 28,916.02 (28,916.02) 07/26/2021 07/26/2021 07/26/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 08 FD CL Y 2,398.48 1.00 - - - (2,398.48) 2,398.48 07/26/2021 07/26/2021 07/26/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 08 FD CL Y 67,536.34 1.00 - - (67,536.34) 67,536.34 INTEREST EARNED ON BANK OF NY MTN 1.850% 1/27/23 $1 PV ON 07/27/2021 06406RAM9 300000.0000 SHARES DUE 7/27/2021 0.00 - - - - 2,775.00 - 07/27/2021 07/27/2021 07/27/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 2,775.00 1.00 - (2,775.00) 2,775.00 INTEREST EARNED ON CONTRA COSTA CA 1.652% 8/01/22 $1 PV 08/02/2021 212204JC6 ON 300000.0000 SHARES DUE 8/1/2021 0.00 - - - - 2,478.00 08/02/2021 08/02/2021 08/02/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 10,329.20 1.00 - - - (10,329.20) 10,329.20 08/02/2021 08/02/2021 08/02/2021 31846V203 SOLD UNITS OF FIRST AM GOVT 013 FD CL Y -135,643.41 1.00 - 135,643.41 (135,643.41) INTEREST EARNED ON FIRST AM GOVT OB FD CL Y UNIT ON 0.0000 08/02/2021 31846V203 SHARES DUE 7/31/2021 INTEREST FROM 7/1/21 TO 7/31/21 0.00 - - - - 1.49 INTEREST EARNED ON GARDEN GROVE CA 1.875% 8/01/21 $1 PV 08/02/2021 365298Y28 ON 300000.0000 SHARES DUE 8/1/2021 0.00 - - 2.812.50 MATURED PAR VALUE OF GARDEN GROVE CA 1.875% 8/01/21 08/02/2021 08/01/2021 08/01/2021 365298Y28 300,000 PAR VALUE AT 100 % INTEREST EARNED ON SAN BERNARDINO CA 1.883% 8/01/22 $1 PV 08/02/2021 796720ME7 ON 435000.0000 SHARES DUE 8/1/2021 0.00 - 4.095.53 INTEREST EARNED ON SAN BERNARDINO CA 0.729% 8/01/23 $1 PV 08/02/2021 796720NP1 ON 150000.0000 SHARES DUE 8/1/2021 INTEREST EARNED ON SAN FRANCISCO CA 2.375% 8/01/22 $1 PV 08/02/2021 79770GGP5 ON 400000.0000 SHARES DUE 8/1/2021 0.00 4,750.00 AMORTIZED PREMIUM ON SAN FRANCISCO CA 2.375% 8/01/22 08/02/2021 79770GGP5 CURRENT YEAR AMORTIZATION 0.00 - - - (1,355.36) INTEREST EARNED ON SONOMA CNTY CA 1.969% 8/01/22 $1 PV 05/52/2521 1135FRSGP3 ON 4200(140000 SHARES DUE 8/1/2021 0 00 4 134 50 INTEREST EARNED ON SUNTRUST BANK 3.689% 8/02/24 $1 PV 08/02/2021 86787EAY3 ON 560000.0000 SHARES DUE 8/2/2021 0.00 - - - - 10,329.20 494.79 (495.59) (0.80) (14.72) (0.90) /94) -300,000.00 1.00 300,000.00 (300,000.00) 0.00 $41,75' INTEREST EARNED ON SUNTRUST BANK 3.689% 8/02/24 $1 PV 08/02/2021 86787EAY3 ON 560000.0000 SHARES DUE 8/2/2021*** TAX INCOME ONLY *`* 0.00 AMORTIZED PREMIUM ON SUNTRUST BANK 3.689% 8/02/24 08/02/2021 86787EAY3 CURRENT YEAR AMORTIZATION 416 (2,415.38) Page 129 of 135 FIFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 INTEREST EARNED ON U S DEPT HSG & URB 2.570% 8/01/21 $1 PV 08/02/2021 911759MU9 ON 100000.0000 SHARES DUE 8/1/2021 MATURED PAR VALUE OF U S DEPT HSG & URB 2.570% 8/01/21 08/02/2021 08/01/2021 08/01/2021 911759MU9 100,000 PAR VALUE AT 100 % AMORTIZED PREMIUM ON U S TREASURY NT 0.125% 12/31/22 08/02/2021 91282CBD2 CURRENT YEAR AMORTIZATION SOLD PAR VALUE OF U S TREASURY NT 0.125% 12/31/22 /NATWEST MKTS SECS/FIXED INCOME/1,115,000 PAR VALUE AT 08/02/2021 07/30/2021 08/02/2021 91282CBD2 100.00390583 % RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 08/02/2021 08/02/2021 91282C802 0.125% 12/31/22 INTEREST EARNED ON U S TREASURY NT 0.125% 1/31/23 $1 PV 08/02/2021 91282CBG5 ON 8050000.0000 SHARES DUE 7/31/2021 AMORTIZED PREMIUM ON U S TREASURY NT 0.125% 1/31/23 08/02/2021 91282CBG5 CURRENT YEAR AMORTIZATION PURCHASED PAR VALUE OF U S TREASURY NT 0.375% 7/15/24 /NOMURA SECURITIES/FIX INCOME/1,675,000 PAR VALUE AT 08/02/2021 07/30/2021 08/02/2021 91282CCL3 100.08984358 % 1,675,000.00 1.00 - - - (1,676,504.88) 1,676,504.88 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 08/02/2021 08/02/2021 91282CCL3 0.375% 7/15/24 INTEREST EARNED ON UPPER SANTA CLARA CA 0.525% 8/01/22 $1 08/02/2021 916544ER6 PV ON 330000.0000 SHARES DUE 8/1/2021 0.00 - 866.25 08/03/2021 08/03/2021 08/03/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 013 FD CL Y 1.49 1.00 - - - (1.49) 1.49 08/04/2021 08/04/2021 08/04/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 125,245.21 1.00 - (125,245.21) 125,245.21 AMORTIZED PREMIUM ON U S TREASURY NT 0.375% 7/15/24 08/04/2021 91282CCL3 CURRENT YEAR AMORTIZATION 0.00 SOLD PAR VALUE OF U S TREASURY NT 0.375% 7/15/24 /BNP 08/04/2021 08/03/2021 08/04/2021 91282CCL3 PARIBAS SEC CORP/125,000 PAR VALUE AT 100,175784 % -125,000.00 1.00 - - 125,219.73 (125,112.10) 107.63 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 08/04/2021 08/04/2021 91282CCL3 0.375% 7/15/24 0.00 - - 25.48 08/09/2021 08/09/2021 08/09/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y 0.00 -100,000.00 0.00 1.00 -1,115,000.00 1.00 Miscellaneous Federal Tax Cost Short Term Long Term o emissions SEC Fees Fees Net Cash Amount Amount Gain/Loss Amount Gain/Loss Amount 1,285.00 - 100,000.00 (100,000.00) (1.07) 1,115,043.55 (1,114,564.45)1 479.10 0.00 124.98 0.00 5,031.25 0.00 (269.26) 0.00 (307.24) (2.78) -124,932.50 1.00 124,932.50 (124,932.50) PURCHASED PAR VALUE OF PACCAR MTN 0.500% 8/09/24 08/09/2021 08/03/2021 08/09/2021 69371RR40 /MITSUBISHI UFJ SECURITIES USA/125,000 PAR VALUE AT 99.946 % INTEREST EARNED ON CHEVRON USA INC 0.426% 8/11/23 $1 PV 08/11/2021 166756AJ5 ON 115000.0000 SHARES DUE 8/11/2021 08/11/2021 08/11/2021 08/11/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON F H L B DEB 0.600% 2/12/2026 $1 PV ON 08/12/2021 3130AKXQ4 560000.0000 SHARES DUE 8/12/2021 08/12/2021 08/12/2021 08/12/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON CAPTIAL ONE PRIME 1.600% 11/15/24 $1 PV 08/16/2021 14043MAC5 ON 290000.0000 SHARES DUE 8/15/2021 INTEREST EARNED ON DRIVE AUTO 0.830% 5/15/24 $1 PV ON 62.2500 SHARES DUE 8/15/2021 $0.00069/PV ON 90,000.00 PV DUE 08/16/2021 28208VAD8 8/15/21 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON 139.9300 SHARES DUE 8/15/2021 $0.00056/PV ON 250,000.00 PV DUE 08/16/2021 262108AD5 8/15/21 INTEREST EARNED ON EXXON MOBIL 1.902% 8/16/22 $1 PV ON 08/16/2021 30231GBB7 300000.0000 SHARES DUE 8/16/2021 0.00 - - 2.853.00 08/16/2021 08/16/2021 08/16/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 013 FD CL Y 79,465.67 1.00 - (79,465.67) 79,465.67 08/16/2021 08/16/2021 08/16/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 386.67 1.00 - - - (386.67) 386.67 INTEREST EARNED ON HONDA AUTO 1.780% 8/15/23 $1 PV ON 317.5300 SHARES DUE 8/15/2021 $0.00148/PV ON 214,066.69 PV DUE 08/16/2021 43815NAC8 8/15/21 0.00 - - 317.53 - 08/16/2021 08/15/2021 08/16/2021 43815NAC8 PAID DOWN PAR VALUE OF HONDA AUTO 1.780% 8/15/23 -18,275.85 - - 18,275.85. (18,275.70) 0.15 INTEREST EARNED ON JOHN DEERE OWNER 2.910% 7/17/23 $1 PV ON 279.5900 SHARES DUE 8/15/2021 $0.00242/PV ON 115,293.60 PV 08/16/2021 47789JAD8 DUE 8/15/21 0.00 - - 279.59 125.000.00 1.00 (124.932.50) 124.932.50 0.00 244.95 1.00 0.00 1,680.00 1.00 244.95 (244.95) 244.95 1,680.00 (1,680.00) 1,680.00 0.00 - - - 386,67 0.00 62 75 0.00 - -.- 139.93 08/16/2021 08/15/2021 08/16/2021 47789JAD8 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 2.910% 7/17/23 -15.131.93 15.131.93 (15,130.07) 1.86 08/16/2021 INTEREST EARNED ON MERCEDES BENZ AUTO 1.840% 12/15/22 $1. PV ON 201.0100 SHARES DUE 8/15/2021 $0.00153/PV ON 131,093.66 08/16/2021 58770FAC6 PV DUE 8/15/21 INTEREST EARNED ON JOHN DEERE OWNER 1.100% 8/15/24 $1 PV ON 394.1700 SHARES DUE 8/15/2021 $0.00092/PV ON 430,000.00 PV 47789KAC7 DUE 8/15/21 0.00 - - - 394.17 0.00 - 201.01 08/16/2021 08/15/2021 08/16/2021 58770FAC6 PAID DOWN PAR VALUE OF MERCEDES BENZ AUTO 1.840% 12/15/22 -12,710.30 12,710.30 (`12,708.62). 1.68 INTEREST EARNED ON RIVERSIDE CNTY CA 2.363% 2/15/23 $1 PV 08/16/2021 76913CAX7 ON 170000.0000 SHARES DUE 8/15/2021 0.00 - - - 2.008.55 INTEREST EARNED ON SANTANDER DRIVE 0.00001% 7/15/24 $1 PV ON 143.0000 SHARES DUE 8/15/2021 $0.00043/PV ON 330,000.00 PV 08/16/2021 80285WAD9 DUE 8/15/21 0.00 143.00 477 Page 130 of 135 FIFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 INTEREST EARNED ON TOYOTA AUTO 1.910% 9/15/23 $1 PV ON 311.8700 SHARES DUE 8/15/2021 $0.00159/PV ON 195,940.99 PV DUE 08/16/2021 89238UAD2 8/15/21 08/16/2021 08/15/2021_ 08/16/2021 89238UAD2 PAID DOWN PAR VALUE OF TOYOTA AUTO 1.910% 9/15/23 INTEREST EARNED ON UNITEDHEALTH GROUP 3.500% 2/15/24 $1 08/16/2021 91324PDM1 PV ON 550000.0000 SHARES DUE 8/15/2021 AMORTIZED PREMIUM ON UNITEDHEALTH GROUP 3.500% 2/15/24 08/16/2021 91324PDM1 CURRENT YEAR AMORTIZATION 08/17/2021 08/15/2021 08/17/2021 26208VAD8 PAID DOWN PAR VALUE OF DRIVE AUTO 0.830% 5/15/24 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON. 08/17/2021 262108AD5 139.9300 SHARES DUE 8/15/2021 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON 08/17/2021 262108AD5 250000.0000 SHARES DUE 9/15/2021 08/17/2021 08/17/2021 08/17/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 06 FD CL Y 0.00 -17,011.69 Miscellaneous Federal Tax Cost Short Term Long Ter 1Nnmissions SEC Fees Fees Net Cash Amount Amount m Gain/Loss Amount Gain/Loss Amount 311.87 17,011.69 (17,011.55) 0.14_ 0.00 9,625.00 0.00 -16,070.90 0.00 16,070.90 (139.93) (4,809.95) (16,070.29) 0.61 0.00 135.42 08/23/2021 08/23/2021 08/23/2021 08/23/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y TRUST FEES COLLECTED CHARGED FOR PERIOD 07/01/2021 THRU 08/25/2021 07/31/2021 COLLECTED BY DISBURSEMENT 0.00 INTEREST EARNED ON BMW VEHICLE OWNER 1.920% 1/25/24 $1 PV ON 363.5200 SHARES DUE 8/25/2021 $0.00160/PV ON 227,200.11 PV 08/25/2021 05588CAC6 DUE 8/25/21 06406RAK3 1 16,066.39 1.00 (16,066.39) 16,066.39 VTEREST EARNED ON BANK OF NY MTN 1.950% 8/23/22 $1 PV ON 00000.0000 SHARES DUE 8/23/2021 0.00 975.00 (975.00) 975.00 975.00 1.00 (580.511 0.00 363.52 08/25/2021 08/25/2021 08/25/2021 05588CAC6 PAID DOWN PAR VALUE OF BMW VEHICLE OWNER 1.920% 1/25/24 -20.552.20 INTEREST EARNED ON FNMA GTD REMIC 3.056% 6/25/24 $1 PV ON 1026.7900 SHARES DUE 8/25/2021 $0.00255/PV ON 403,188.54 PV 08/25/2021 3136AKQM8 DUE 8/25/21 AMORTIZED PREMIUM ON FNMA GTD REMIC 3.056% 6/25/24 08/25/2021 3136AKQM8 CURRENT YEAR AMORTIZATION 0.00 08/25/2021 08/25/2021 08/25/2021 3136AKQM8 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.056% 6/25/24 -742.00 INTEREST EARNED ON FNMA GTD REMIC 3.55999% 9/25/21 $1 PV ON 5.3500 SHARES DUE 8/25/2021 $0.00297/PV ON 1,804.03 PV DUE 08/25/2021 3136B1XP4 8/25/21 0.00 - - 5.35. AMORTIZED PREMIUM ON FNMA GTD REMIC 3.55999% 9/25/21 08/25/2021 3136B1XP4 CURRENT YEAR AMORTIZATION 0.00 - - --. - 08/25/2021 08/25/2021 08/25/2021 3136B1XP4 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.55999% 9/25/21 -1,797.65 150.91 - 1,797.65 INTEREST EARNED ON F H L M C MULTICLASS 2.373% 5/25/22 $1 PV ON 373.2800 SHARES DUE 8/25/2021 $0.00198/PV ON 188,763.07 PV 08/25/2021 3137ATRW4 DUE 8/25/21 0.00 - - 373.28 AMORTIZED 08/25/2021 3137ATRW4 CURRENT Y 20,552.20 (20.549.44) 2.76 0.00 1,026.79 (641.65) 742.00 (781.43) - (39.43) (0.90) (1,798.54) (0.89) PREMIUM ON F H L.M C MULTICLASS 2.373% 5/25/22 EAR AMORTIZATION 0.00 - - (31.29) 08/25/2021 08/25/2021 08/25/2021 3137ATRW4 PAID DOWN PAR VALUE OF F H L M C MULTICLASS 2.373% 5/25/22 INTEREST EARNED ON F H L M C MLTCL MT 2.52204% 1/25/23 $1 PV ON 270.8600 SHARES DUE 8/25/2021 $0.00210/PV ON 128,878.38 PV 08/25/2021 3117R11175 DUE 8/25/21 0 00 - 270 86 AMORTIZED PREMIUM ON F H L M C MLTCL MT 2.52204% 1/25/23 08/25/2021 3137B1U75 CURRENT YEAR AMORTIZATION 0.00 - - (15.16), 08/25/2021 08/25/2021 08/25/2021 313761 U75 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 2.52204% 1/25/23 -412.70 44.77 - 412.70 (413.51) INTEREST EARNED ON F H L M C MLTCL MT 3.320% 2/25/23 $1 PV 08/25/2021 3137636J2 ON 480000.0000 SHARES DUE 8/25/2021 0.00 - - - - 1,328,02 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.320% 2/25/23 08/25/2021 3137636J2 CURRENT YEAR AMORTIZATION 0.00 - - - - (523.591 INTEREST EARNED ON F H L M C MLTCL MT 3.30996% 5/25/23 $1 PV 08/25/2021 3137B4GY6 ON 510000.0000 SHARES DUE 8/25/2021 0.00 - - - 1,406.73 AMORTIZED PREMIUM ON F H L M C MLTCL MT 3.30996% 5/25/23 08/25/2021 3137B4GY6 CURRENT YEAR AMORTIZATION 0.00 - - - - - (1.227.54) INTEREST EARNED ON F H L M C MLTCL MTG 3.060% 7/25/23 $1 PV 08/25/2021 3137B4WB8 ON 490000.0000 SHARES DUE 8/25/2021 0.00 - - - 1,249.50 AMORTIZED PREMIUM ON F H L M C MLTCL MTG 3.060% 7/25/23 08/25/2021 313764W88 CURRENT YEAR AMORTIZATION 0.00 - - - - (607.25) INTEREST EARNED ON F H L M C MLTCL 0.24588% 8/26/24 $1 PV ON 55.5400 SHARES DUE 8/25/2021 $0.00020/PV ON 271,052.72 PV DUE 08/25/2021 3137FYUR5 8/25/21 08/25/2021 08/25/2021 08/25/2021 3137FYUR5 PAID DOWN PAR VALUE OF F H L M C MLTCL 0.24588% 8/26/24 08/25/2021 08/25/2021 08/25/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 08/25/2021 08/25/2021 08/25/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 08/26/2021 08/26/2021 08/26/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON CALIFORNIA ST BUILD 6.650% 3/01/22 $1 PV 09/01/2021 13063BFS6 ON 210000.0000 SHARES DUE 9/1/2021 0.00 09/01/2021 09/01/2021 09/01/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON FIRST AM GOVT OB FD CL Y UNIT ON 0.0000 09/01/2021 31846V203 SHARES DUE 8/31/2021 INTEREST FROM 8/1/21 TO 8/31/21 -470.73 869.43 470.73 (471.42) (0.89) (0.81) 0.00 -19.75 1,878.29 22,104.00 5,511.82 1.00 1.00 1.00 51.,880.30 1.00 0.00 55.54 - 19.75 (19.75) (1,878.29) 1,878.29 (22,104.00) 22,104.00 (5,511.82) 5,511.82 6,982.50 51,880.30 1.50 (51,880 30) INTEREST EARNED ON GLENDALE CA 1.041% 9/01/22 $1 PV ON 09/01/2021 378460YB9 330000.0000 SHARES DUE 9/1/2021 1,717.65 Page 131 of 135 FIFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description INTEREST EARNED ON MOUNTAIN VIEW CA 09/01/2021 62451FKF6 ON 250000.0000 SHARES DUE 9/1/2021 INTEREST EARNED ON SAN DIEGO CA 3.250% 9/01/22 $1 PV ON 79730WAY6 250000.0000 SHARES DUE 9/1/2021 Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 09/01/2021 AMORTIZED PREMIUM ON SAN DIEGO CA 3.250% 9/01/22 09/01/2021 79730WAY6 CURRENT YEAR AMORTIZATION 1.043% 9/01/22 $1 PV Miscellaneous Federal Tax Cost Short Term Long Ter /Nnmissions SEC Fees Fees m Net Cash Amount Amount Gain,Loss Amount Gain/Loss Amount 0.00 - - - - 1,303.75 0.00 4,062.50 0.00 - - - (1,959.77) INTEREST EARNED ON SANTA ANA CA CMNTY 3.346% 9/01/21 $1 PV 09/01/2021 801096AP3 ON 240000.0000 SHARES DUE 9/1/2021 MATURED PAR VALUE OF SANTA ANA CA CMNTY 3.346% 9/01/21 09/01/2021 09/01/2021 09/01/2021 801096AP3 240,000 PAR VALUE AT 100 % AMORTIZED PREMIUM ON U S TREASURY NT 0.125% 12/31/22 09/01/2021 91282CBD2 CURRENT YEAR AMORTIZATION SOLD PAR VALUE OF U S TREASURY NT 0.125% 12/31/22 /BOFA 09/01/2021 08/31/2021 09/01/2021 91282C8D2 SECURITIES, INC./FXD INC/2,485,000 PAR VALUE AT 100 % RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 09/01/2021 09/01/2021 91282CBD2 0.125% 12/31/22 PURCHASED PAR VALUE OF U S TREASURY NT 0.375% 7/15/24 /NATWEST MKTS SECS/FIXED INCOME/2,795,000 PAR VALUE AT 09/01/2021 08/31/2021 09/01/2021 91282CCL3 99.96874991 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 09/01/2021 09/01/2021 91282CCL3 0.375% 7/15/24 0.00 (1,367.12) 09/02/2021 09/02/2021 09/02/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 08 FD CL Y 1.50 1.00 - (1.50) INTEREST EARNED ON CHEVRON CORP 0.6585% 3/03/22 $1 PV 09/03/2021 166764AU4 ON 500000.0000 SHARES DUE 9/3/2021 0.00 - - 841.42 AMORTIZED PREMIUM ON CHEVRON CORP 0.6585% 3/03/22 09/03/2021 166764AU4 CURRENT YEAR AMORTIZATION 0.00 - - - (321.08) 09/03/2021 09/03/2021 09/03/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 841.42 1.00 09/09/2021 09/09/2021 09/09/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 08 FD CL Y 555,725.50 1.00 INTEREST EARNED ON WELLS FARGO MTN 2.082% 9/09/22 $1 PV 09/09/2021 94988J6A0 ON 550000.0000 SHARES DUE 9/9/2021 0.00 - 5,725.50 SOLD PAR VALUE OF WELLS FARGO MTN 2.082%. 9/09/22 09/09/2021 09/09/2021 09/09/2021 94988J6A0 /CALLS/9/9/2021 FULL CALL 0 PAR INTEREST EARNED ON APPLE INC 1.700% 9/11/22 $1 PV ON 09/13/2021 037833DL1 525000.0000 SHARES DUE 9/11/2021 09/13/2021 09/13/2021 09/13/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON CAPTIAL ONE PRIME 1.600% 11/15/24 $1 PV ON 386.6700 SHARES DUE 9/15/2021 $0.00133/PV ON 290,000.00 PV 09/15/2021 14043MAC5 DUE 9/15/21 INTEREST EARNED ON DRIVE AUTO 0.830% 5/15/24 $1 PV ON 51.1300 SHARES DUE 9/15/2021 $0.00069/PV ON 73,929.10 PV DUE 09/15/2021 26208VAD8 9/15/21 09/15/2021 09/15/2021 09/15/2021 26208VAD8 PAID DOWN PAR VALUE OF DRIVE AUTO 0.830% 5/15/24 -17,801.72 INTEREST EARNED ON DRIVE AUTO 0.650% 7/15/25 $1 PV ON 135.4200 SHARES DUE 9/15/2021 $0.00054/PV ON 250,000.00 PV DUE 09/15/2021 262108AD5 9/15/21 0.00 - - 135.42 09/15/2021 09/15/2021 09/15/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT 08 FD CL Y 386.67 1.00 - - - (386.67) 386.67 - 09/15/2021 09/15/2021 09/15/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 316,753.31 1.00 - - (316,753.31) 316,753.31 - INTEREST EARNED ON HONDA AUTO 1.780% 8/15/23 $1 PV ON 290.4200 SHARES DUE 9/15/2021 $0.00148/PV ON 195,790.84 PV DUE 09/15/2021 43815NAC8 9/15/21 0.00 - 290.42 09/15/2021 09/15/2021 09/15/2021 43815NAC8 PAID DOWN PAR VALUE OF HONDA AUTO 1.780% 8/15/23 -17,553.96 - - - - 17,553,96 (17,553:81). - 0.15 INTEREST EARNED ON JOHN DEERE OWNER 2.910% 7/17/23 $1 PV ON 242.8900 SHARES DUE 9/15/2021 $0.00243/PV ON 100,161.67 PV 09/15/2021 47789JAD8 DUE 9/15/21 0.00 - - 242.89. --. 0.00 - - 4,015.20 -240,000.00 1.00 240,000.00 (240,000.00) 0.00 - - - (0.97) -2,485,000.00 1.00 2,485,000.00 (2,484,179.18 820.82 0.00 - - 531.78 2.795,000.00 1.00 (2,794.126.56) 2,794,126.56 1.50 (841.42) 841.42 (555,725.50) 555,725.50 -550.000.00 1.00 550.000.00 (550,000.00) 4,462.50 1.00 0.00 - 4 462.50 (4,462.50) 4,462.50 0.00 - - - 386.67 0.00 - - 51.13 17,801.72 (17,801.04) 09/15/2021 09/15/2021 09/15/2021 47789JAD8 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 2.910% 7/17/23 -10.224.43 INTEREST EARNED ON JOHN DEERE OWNER 1.100% 8/15/24 $1 PV ON 394.1700 SHARES DUE 9/15/2021 $0.00092/PV ON 430,000.00 PV 09/15/2021 47789KAC7 DUE 9/15/21 INTEREST EARNED ON MERCEDES BENZ AUTO 1.840% 12/15/22 $1 PV ON 181.5200 SHARES DUE 9/15/2021 $0.00153/PV ON 118,383.36 09/15/2021 58770FAC6 PV DUE 9/15/21 10.224.43 (10.223.17) 1.26 0.00 394.17 0.00 - - - 181.52 09/15/2021 09/15/2021 09/15/2021 58770FAC6 PAID DOWN PAR VALUE OF MERCEDES BENZ AUTO 1.840 % 12/15/22 -13,613.07 INTEREST EARNED ON PECO ENERGY CO 2.375% 9/15/22 $1 PV 09/15/2021 693304AP2 ON 120000.0000 SHARES DUE 9/15/2021 0.00 - - - 1,425.00 AMORTIZED PREMIUM ON PECO ENERGY CO 2.375% 9/15/22 09/15/2021 693304AP2 CURRENT YEAR AMORTIZATION 0.00 (234.72) INTEREST EARNED ON PFIZER INC 3.000% 9/15/21 $1 PV ON 09/15/2021 717081EM1 250000.0000 SHARES DUE 9/15/2021 0.00 - - - - 3,750.00 MATURED PAR VALUE OF PFIZER INC 3.000% 9/15/21 250,000 09/15/2021 09/15/2021 09/15/2021 717081EM1 PAR VALUE AT 100 % INTEREST EARNED ON SANTANDER DRIVE 0.00001% 7/15/24 $1 PV ON 143.0000 SHARES DUE 9/15/2021 $0.00043/PV ON 330,000.00 PV 09/15/2021 80285WAD9 DUE 9/15/21 13,613.07 (13,611.28) - 1.79 -250,000.00 1.00 250,000.00 143.00 (249,662.50) 337.50 Page 132 of 135 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 Transaction Settlement Date Trade Date bate CUSP Description Miscellaneous Federal Tax Cost Short Term Long Ter *remissions SEC Fees Fees Terre Net Cash Amount Amount Gain/Loss Amount Gain/Loss Amount 09/15/2021 09/15/2021 09/15/2021 80285WAD9 PAID DOWN PAR VALUE OF SANTANDER DRIVE 0.00001% 7/15/24 INTEREST EARNED ON TOYOTA AUTO 1.910% 9/15/23 $1 PV ON 284.8000 SHARES DUE 9/15/2021 $0.00159/PV ON 178,929.30 PV DUE 09/15/2021 89238UAD2 9/15/21 09/15/2021 09/15/2021 09/15/2021 89238UAD2 PAID DOWN PAR VALUE OF TOYOTA AUTO 1.910% 9/15/23 INTEREST EARNED ON U S TREASURY NT 0.250% 3/15/24 $1 PV 09/15/2021 91282CBR1 ON 980000.0000 SHARES DUE 9/15/2021 09/16/2021 09/16/2021 09/16/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON JPMORGAN CHASE CO 0.697% 3/16/24 51 PV 09/16/2021 46647PBZ8 ON 565000.0000 SHARES DUE 9/16/2021 09/21/2021 09/21/2021 09/21/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 537,951.59 1.00 FULL CALL PAR VALUE OF WELLS FARGO MTN 3.625% 10/22/21 09/21/2021 09/21/2021 09/21/2021 94988J5T0 /CALLS/ -530,000.00 1.00 INTEREST EARNED ON WELLS FARGO MTN 3.625% 10/22/21 $1 PV 09/21/2021 94988J5T0 ON 530000.0000 SHARES DUE 9/21/2021 09/22/2021 09/22/2021 09/22/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON WELLS FARGO MTN 3.625% 10/22/21 $1 PV 09/22/2021 94988J5T0 ON 530000.0000 SHARES DUE 9/21/2021 0.00 FULL CALL PAR VALUE OF WELLS FARGO MTN 3.625% 10/22/21 09/22/2021 09/2.1/2021 09/21/2021 94988J5T0 /CALLS/ 530,000.00 -- - BOND CALLED PAR VALUE OF WELLS FARGO MTN 3.625% 10/22/21 09/22/2021 09/21/2021 09/21/2021 94988J5T0 /CALLS/9/21/2021 FULL CALL @ PAR -530,000.00 INTEREST EARNED ON WELLS FARGO MTN 3.625% 10/22/21 $1 PV ON 530000.0000 SHARES DUE 9/21/2021 ACCRUED INTEREST ON 09/22/2021 94988J5T0 9/21/2021 FULL CALL TRUST FEES COLLECTED CHARGED FOR PERIOD 08/01/2021 THRU 09/24/2021 08/31/2021 COLLECTED BY DISBURSEMENT 09/24/2021 09/24/2021 09/24/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON PPL ELEC UTILS 0.380% 6/24/24 $1 PV ON 09/24/2021 69351UAY9 200000.0000 SHARES DUE 9/24/2021 0.00 - - - 194.22 PURCHASED PAR VALUE OF U S TREASURY NT 0.125% 8/31/23 09/24/2021 09/23/2021 09/24/2021 91282CCU3 /CITADEL SECURITIES LLC/560,000 PAR VALUE AT 99.74609464 % 560,000.00 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 09/24/2021 09/24/2021 91282CCU3 0.125% 8/31/23 0.00 PURCHASED PAR VALUE OF U S TREASURY NT 0.375% 9/15/24 09/24/2021 09/23/2021 09/24/2021 91282CCX7 /BOFA SECURITIES, INC./FXD INC/560,000 PAR VALUE AT 99.5625 % 560,000.00 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 09/24/2021 09/24/2021 91282CCX7 0.375% 9/15/24 0.00 INTEREST EARNED ON BMW VEHICLE OWNER 1.920% 1/25/24 $1 PV ON 330.6400 SHARES DUE 9/25/2021 $0.00160/PV ON 206,647.91 PV 09/27/2021 05588CAC6 DUE 9/25/21 0.00 - - - 330.64 -30,364.31 310.89 30,364.31 (30,361.41) 2.90 0.00 284.80 -16,537.91 16,537.91 (16,537.77) 0.14 1 0.00 1,225.00 49,434.47 1.00 0.00 (49,434.47) 49,434.47 1,969.03 0.00 - 0.25 1.00 1.00 1.00 (537,951.59) 537,951.59 530,000.00 (529,941.70) 58.30 7,951.59 (0.25) 0,25 (7,951.59) (530,000.00) 529 941.70 - (58.301 530,000.00 (529,941.70) 58.30 0.00 7,951.84 0.00 - - - (580.66) - -1,116,613.19 1.00 - - - 1,116,613.19 (1,116,613.19) 1.00 1.00 (558,578.13) 558,578.13 (46.41) (557,550.00) 557,550.00 (52.21) 09/27/2021 09/25/2021 09/27/2021 05588CAC6 PAID DOWN PAR VALUE OF BMW VEHICLE OWNER 1.920% 1/25/24 -19;123.23. INTEREST EARNED ON FNMA GTD REMIC 3.056% 6/25/24 $1 PV 09/27/2021 3136AKQM8 ON 402446.5400 SHARES DUE 9/25/2021 PENALTY PAYMENT 0.00 - - - 218.03 INTEREST EARNED ON FNMA GTD REMIC 3.056% 6/25/24 $1 PV ON 1024.9000 SHARES DUE 9/25/2021 $0.00255/PV ON 402,446.54 PV 09/27/2021 3136AKQM8 DUE 9/25/21 0.00 - - 1,024.90 AMORTIZED PREMIUM ON FNMA GTD REMIC 3.056% 6/25/24 09/27/2021 3136AKQM8 CURRENT YEAR AMORTIZATION 0.00 - - - - - (640.47) 09/27/2021 09/25/2021 09/27/2021 3136AKQM8 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.056% 6/25/24 -11,954.70 - 11,954.70 (12,570.87) - (616.17) INTEREST EARNED ON FNMA GTD REMIC 3.560% 9/25/21 $1 PV ON 0.0200 SHARES DUE 9/25/2021 $0.00297/PV ON 6.38 PV DUE 09/27/2021 3136B1XP4 9/25/21 0.00 - - - - 0.02 19,123.23. (19,120.66) 2.57' 480 Page 133 of 135 OFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date bate CUSIP Description 09/27/2021 09/25/2021 09/27/2021 3136B1X94 PAID DOWN PAR VALUE OF FNMA GTD REMIC 3.560% 9/25/21 INTEREST EARNED ON FHLMC MULTICLASS 2.373% 5/25/22 $1 PV ON 395.5800 SHARES DUE 9/25/2021 $0.00210/PV ON 188,292.34 PV 09/27/2021 3137ATRW4 DUE 9/25/21 AMORTIZED PREMIUM ON FHLMC MULTICLASS 2.373% 5/25/22 09/27/2021 3137ATRW4 CURRENT YEAR AMORTIZATION Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 -6.38 14.58 Miscellaneous Federal Tax Cost Short Term Long Term Commissions SEC Fees Fees Net Cash Amount Amount Gain/Loss Amount Gain/Loss Amount 6.38 (6.38) 0.00 - - - 395.58 09/27/2021 09/25/2021 09/27/2021 3137ATRW4 PAID DOWN PAR VALUE OF FHLMC MULTICLASS 2.373% 5/25/22 INTEREST EARNED ON FHLMC MLTCL MT 2.52204% 1/25/23 $1 PV ON 270.0000 SHARES DUE 9/25/2021 $0.00210/PV ON 128,465.68 PV 09/27/2021 3137B1U75 DUE 9/25/21 AMORTIZED PREMIUM ON FHLMC MLTCL MT 2.52204% 1/25/23 09/27/2021 3137B1U75 CURRENT YEAR AMORTIZATION 09/27/2021 09/25/2021 09/27/2021 3137B1U75 PAID DOWN PAR VALUE OF FHLMC MLTCL MT 2.52204% 1/25/23 -414.20 INTEREST EARNED ON FHLMC MLTCL MT 3.32004% 2/25/23 $1 PV ON 1328.0200 SHARES DUE 9/25/2021 $0.00277/PV ON 480,000.00 PV 09/27/2021 3137B36J2 DUE 9/25/21 0.00 - - 1.328.02 AMORTIZED PREMIUM ON FHLMC MLTCL MT 3.32004% 2/25/23 09/27/2021 3137B36J2 CURRENT YEAR AMORTIZATION 0.00 - - - INTEREST EARNED ON FHLMC MLTCL MT 3.30996% 5/25/23 $1 PV ON 1406.7300 SHARES DUE 9/25/2021 $0.00276/PV ON 510,000.00 PV 09/27/2021 3137B4GY6 DUE 9/25/21 0.00 - - - - 1,406.73 AMORTIZED PREMIUM ON FHLMC MLTCL MT 3.30996% 5/25/23 09/27/2021 3137B4GY6 CURRENT YEAR AMORTIZATION 0.00 - (1.,227.54) INTEREST EARNED ON FHLMC MLTCL MTG 3.060% 7/25/23 $1 PV 09/27/2021 3137B4WB8 ON 490000.0000 SHARES DUE 9/25/2021 0.00 - - 1,249.50 AMORTIZED PREMIUM ON FHLMC MLTCL MTG 3.060% 7/25/23 09/27/2021 3137B4WB8 CURRENT YEAR AMORTIZATION 0.00 - - (607.25) INTEREST EARNED ON FHLMC MLTCL 0.25404% 8/26/24 $1 PV ON 57.3800 SHARES DUE 9/25/2021 $0.00021/PV ON 271,032.97 PV DUE 09/27/2021 3137FYUR5 9/25/21 0.00 - - 57.38 09/27/2021 09/25/2021 09/27/2021 3137FYUR5 PAID DOWN PAR VALUE OF FHLMC MLTCL 0.25404% 8/26/24 09/27/2021 09/27/2021 09/27/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y 09/27/2021 09/27/2021 09/27/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON NIKE INC SR NT 2.400% 3/27/25 $1 PV ON 09/27/2021 654106AH6 20000.0000 SHARES DUE 9/27/2021 0.00 09/29/2021 09/29/2021 09/29/2021 31846V203 SOLD UNITS OF FIRST AM GOVT OB FD CL Y -549,348.76 AMORTIZED PREMIUM ON U S TREASURY NT 0.125% 12/31/22 09/29/2021 91282CBD2 CURRENT YEAR AMORTIZATION 0.00 - - - (0.86) SOLD PAR VALUE OF U S TREASURY NT 0.125% 12/31/22 /RBC 09/29/2021 09/28/2021 09/29/2021 91282CBD2 CAPITAL MARKETS, LLC/560,000 PAR VALUE AT 99.98046964 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 09/29/2021 09/29/2021 91282CBD2 0.125% 12/31/22 PURCHASED PAR VALUE OF U S TREASURY NT 0.375% 9/15/24 /J.P. MORGAN SECURITIES LLC/1,115,000 PAR VALUE AT 99.48437489 09/29/2021 09/28/2021 09/29/2021 91282CCX7 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 09/29/2021 09/29/2021 91282CCX7 0.375% 9/15/24 0.00 - - - - (161.71) 09/30/2021 09/30/2021 09/30/2021 31846V203 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Y INTEREST EARNED ON U S TREASURY NT 0.125% 3/31/23 $1 PV 09/30/2021 91282CBU4 ON 4150000.0000 SHARES DUE 9/30/2021 0.00 - - - - 2,593.75 FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY - 09/30/2021 91282CCX7 42.19 FIXED FEDRL TX CST FROM $268818.75 TO $268776.56 0.00 - - - (42.19) FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY 09/30/2021 91282CCX7 42.19 FIXED FEDRL TX CST FROM $268607.81 TO $268650.00 0.00 - - - - 42.19 FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY - 09/30/2021 91282CCX7 14.84 FIXED FEDRL TX CST FROM $189168.75 TO $189153.91 0.00 - (14.84) FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY 09/30/2021 91282CCX7 14.84 FIXED FEDRL TX CST FROM $189020.31 TO $189035.15 0.00 - - - - 14.84 FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY - 09/30/2021 91282CCX7 7.81 FIXED FEDRL TX CST FROM $99562.50 TO $99554.69 0.00 - - - (7.81) FED BASIS OF U S TREASURY NT 0.375% 9/15/24 ADJUSTED BY 09/30/2021 91282CCX7 7.81 FIXED FEDRL TX CST FROM $99484.38 TO $99492.19 0.00 - - - - 7.81 0.00 - - - (31.21) -4,384.97 4,384.97 (4„390.64) 0.00 - - - - 270,00 (5.67) 0.00 - - (15.11) 414.20. (414.97) (0.77. (523.59) - -10,561.12 1,473.93 51,491.47 1.00 1.00 1.00 10,561.12 (1,473.93) (51,491.47) 240.00 (10,561.12) 1,473.93 51,491.47 549,348.76. (549,348.76) -560,000.00 1.00 559,890.63 (560,014.13) (123.50) 0.00 - - - 173.10 1,115,000.00 0.99 - - - (1,109,250.78) 1,109,250.78 689,607.21 1.00 (689,607.21) 689,607.21 SOLD PAR VALUE OF U S TREASURY NT 0.375% 9/15/24 /NOMURA 09/30/2021 09/29/2021 09/30/2021 91282CCX7 SECURITIES/FIX INCOME/270,000 PAR VALUE AT 99.54687407 % -270,000.00 1.00 - 268,776.56 (268,776.56) RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 09/30/2021 09/30/2021 91282CCX7 0.375% 9/15/24 0.00 - - - - 41.95 SOLD PAR VALUE OF U S TREASURY NT 0.375% 9/15/24 /J.P. 09/30/2021 09/29/2021 09/30/2021 91282CCX7 MORGAN SECURITIES LLC/190,000 PAR VALUE AT 99.55468947 % -190,000.00 1.00 - 189,153.91 (189,153.91) RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 09/30/2021 09/30/2021 91282CCX7 0.375% 9/15/24 0.00 - - - - 29.52 ACCREDITED DISCOUNT ON U S TREASURY NT 0.375% 9/15/24 09/30/2021 91282CCX7 MARKET DISCOUNT 0.00 - - 0.62 SOLD PAR VALUE OF U S TREASURY NT 0.375% 9/15/24 /SOFA 09/30/2021 09/29/2021 09/30/2021 91282CCX7 SECURITIES, INC./FXD INC/230,000 PAR VALUE AT 99.55468696 % -230,004®1 1.00 228,975.78 (228,885.00) 90.78 Page 134 of 135 FIFRIVERSIDE COUNTY TRANSPORTATION COMMISSION Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM Transaction Settlement Date Trade Date Date CUSIP Description Payden & Rygel Operating Portfolio Transaction Report Quarter ended September 30, 2021 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 0.375% 09/30/2021 09/30/2021 91282CCX7 9/15/24 Miscellaneous Federal Tax Cost Short Term Long Ter ienmissions SEC Fees Fees m Net Cash Amount Amount Gain,Loss Amount Gain/Loss Amount 35.74 0.00 130,063.03. 1,377.73 (296.20) 482 Page 135 of 135 ATTACHMENT 10 8 Riverside County Transportatio Commission SHORT DURATION FIXED INCOME OCTOBER 28, 2021 hi MetLife Investment Management Table of Contents MetLife Investment Management Overview Market Review Portfolio Review Appendix A MetLife Investment Management 484 1. MetLife Investment Management Overview MetLife Investment Management 3 485 Overview MetLife Investment Management (MIM)1 manages Public Fixed Income, Private Capital and Real Estate assets for institutional investors worldwide by applying our deep asset class expertise to build tailored portfolio solutions. We also leverage the broader resources and 150 -year history of MetLife to skillfully navigate markets. MIM Highlights Total Assets Under Management of $666.7 billion2 as of June 30, 2021 Separate accounts, proprietary commingled funds and client -specific portfolio solutions Experienced and tenured investment teams Deep fundamental research Leverages the broader resources of the MetLife enterprise Philadelphia Santiago Global Presence1'3 Whippany London Tokyo Hong Kong S.A.R. 1.As of June 30, 2021, subsidiaries of MetLife, Inc. that provide investment management services to MetLife's general account, separate accounts and/or unaffiliated/third party investors include Metropolitan Life Insurance Company, MetLife Investment Management, LLC, MetLife Investment Management Limited, MetLife Investments Limited, MetLife Investments Asia Limited, MetLife Latin America Asesorias e Inversiones Limitada, MetLife Asset Management Corp. (Japan), and MIM I LLC. 2.As of June 30, 2021. At estimated fair value. See Appendix— End Notes for additional information. 3.IIIustration shown depicts locations of select MIM regional offices, chosen in MIM's discretion; not a complete representation of MIM's regional offices. MetLife Investment Management 4 486 Credit Short Duration Fixed Income Team Portfolio Management Industry Experience (yrs) Scott Pavlak, CFA Juan Peruyero Head of Short Duration Fixed Income Portfolio Manager 33 20 Portfolio Management Support Industry Experience (yrs) David Wheeler, CFA Steve Kelly, CFA Credit Kimberley Slough Municipals John Palphreyman, CFA Structured Products Phil Tran Treasuries, Agencies, Money Markets 34 32 27 21 17 Dana Cottrell Thomas McClintic Jason Valentino Head of Investment Grade Trading Head of High Yield Trading Head of Structured Products Trading 5 3 14 18 8 15 MetLife Investment Management Brian Funk, CFA Head of Credit Research 24 lan Bowman Sector Leader — Consumer & Healthcare 7 17 Park Benjamin, CFA Sector Leader— Energy, Basics, Materials 7 12 Scott O'Donnell Sector Leader— Financials 10 15 Richard Davis, CFA Sector Leader— Industrials 7 18 Zach Bauer, CFA Sector Leader— Telecom, Media, 7 15 Technology Susan Young Sector Leader— Utilities & Midstream 8 13 Brent Garrels Sector Leader— Special Situations 2 17 Joseph Gankiewicz, CFA Sector Leader— Municipals Credit Strategy Francisco Paez, CFA Head of Structured Products Research Priya Desai Sector Leader— ABS Meena Pursnani Sector Leader — CMBS Cathy Oh Sector Leader - RMBS Angela Best Sector Leader — CLO 5 25 2 # of Analysts 16 Average Industry Experience (yrs) 25 2 17 23 1 20 2 14 487 2. Market Review & Outlook MetLife Investment Management 6 488 Current Themes Fiscal Stimulus / Growth. We believe peak fiscal stimulus and growth have been reached. Growth impulse from any additional stimulus will be less certain Consumer Consumer balance sheets are healthy as spending patterns shift and the uneven transition and return to a more "open" service -driven economy continues as the impact of the virus wanes J --1121311 Corporate fundamentals continue to improve given solid growth although many companies face higher input costs, raw materials shortages, scarcity of qualified workers and margin pressures Monetary Policy Future Federal Reserve makeup likely to lean more dovish while transitory inflation narrative fades, pulling rate hikes forward into 2022. Uptake of RRP illustrates the need for the Fed's continued intervention Themes help drive sector and sub - sector allocations Regaining jobs lost to the pandemic continues, however, employers face challenges in finding and hiring workers as labor markets continue to be tight and job openings remain at historic highs The views present are MetLife Investment Management's only, are subject to change, and may not reflect the manager's current views. MetLife Investment Management 489 Rising shelter, wages, supply chain issues and higher commodity prices keep inflation elevated. Longer term, we believe a return to a lower economic growth trajectory and changing demographics will keep inflation in check International Most global central banks remain accommodative, but some begin laying groundwork for policy tightening. Risks to a speedy global recovery include China's slowing growth and inflation that exceeds central bank targets 7 Yields As of September 30, 2021 2.00% 1.75% 1.50% 1.25% 1.00% 0.75% 0.50% 0.25% 0.00% Source: Bloomberg 0.07 0.04 0.04 0.02 U.S. Treasury 3 -Month 0.25 0.28 0.12 0.16 0.1T ■ U.S. Treasury 2 -Year ■ 12/31/2020 3/31/2021 MetLife Investment Management 0.35 0.51 0.46 I U.S. Treasury 3 -Year 490 0.36 1 0.94 0.97 0.89 U.S. Treasury 5 -Year 1.74 0.92 1.47 1.49 U.S. Treasury 10 -Year ■ 6/30/2021 • 9/30/2021 8 Yield Curve As of September 30, 2021 5 -Year Less 3 -Month Basis Points 300 250 200 150 100 50 -50 -100 ti ti ti ti ti ti c ti (fi ti (1 fP ti 5 -Year Less 3 -Month Source: Bloomberg MetLife Investment Management 491 Fed Tightening 9 Eurodollar Futures As of September 30, 2021 2.00% 1.80% 1.60% 1.40% 1.20% 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% 2023 3 Hikes 2024 2 Hikes , ��, ti� (19/ 1,(1' (15' ti� tirj 9� 0lb ti� ti� ti� ti� �� ti� p` ti ti� � O°� pe5 (<0 QQc `S) Q�d' 0 oe, •�e� QQ� .§\ peo ��o QQ� J� Quo, O°` C-)51' Source: Bloomberg MetLife Investment Management Eurodollar Futures 492 10 Federal Reserve Projections 2021 2022 PCE Inflation December -19 Projection June -20 Projection December -20 Projection June -21 Projection September -21 Projection 2.0% 1.6% 3.4% 2.0% 1.7% 2.1% Unemployment Rate December -19 Projection June -20 Projection December -20 Projection June -21 Projection September -21 Projection 3.6% 6.5% 5.0% 4.5% 4.8% 3.7% 5.5% 4.2% 3.8% 3.8% Real GDP December -19 Projection June -20 Projection December -20 Projection June -21 Projection September -21 Projection Source: Federal Reserve MetLife Investment Management 1.9% 5.0% 4.2% 7.0% 493 11 Core Consumer Price Index (CPI) Inflation As of September 30, 2021 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2.2 0.1 3.0 1.6 1.6 1.6 I I I 12/31/2019 12/31/2020 7.3 2.9 9/30/2021 ■ All Items (Less Food and Energy) a Goods (Less Food and Energy) • Services (Less Energy Services) Source: Bureau of Labor Statistics MetLife Investment Management 494 Total 100.0% 4.0 Goods Tess food and energy 26.2% 7.3 Transportation Household furnishings & supplies Apparel Recreation Medical care Other 10.0% 15.0 4.7% 4.8 3.4% 3.4 2.5% 3.5 1.9% -1.6 3.7% 3.1 Services Tess energy services 73.8% 2.9 Shelter Medical care Education & communication Transportation services Recreation services Other personal services 3.2 8.9% 0.9 7.7% 1.7 6.6% 4.4 4.7% 3.5 4.6% 4.3 12 JOLTS - Job Openings As of August 31, 2021 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Source: Bureau of Labor Statistics MetLife Investment Management 495 10,439 13 U.S. Labor Markets As of September 30, 2021 Today Weekly Earnings (thousands) (September 2021) Avg. Hourly Earnings (% Change YoY) Total 147,553 $1,074 4.6°° Goods 20,540 $1,268 4.2% Manufacturing Construction Mining and logging 12,446 7,447 647 $1,213 $1,330 $1,624 3.9% 4.5% 2.1% Service 105,029 $1,032 4.7% Education and Health Services2 23,665 $1,014 5.8% Professional and Business Services 21,084 $1,359 4.7% Retail Trade 15,407 $684 3.9% Leisure and Hospitality 15,321 $496 10.8% Financial Activities 8,850 $1,509 5.3% Transportation and Warehousing 5,895 $1,043 6.0% Wholesale Trade 5,736 $1,327 3.8% Other Services 5,727 $882 3.4% Information 2,806 $1,635 0.8% Utilities 538 $1,906 2.3% Government 21,984 Local 14,052 State 5,046 Federal 2,886 Source: Bureau of Labor Statistics. 'Preliminary Data. 2Education and Health Services is comprised of Health Care, Social Assistance and Education Services. MetLife Investment Management 496 14 Consumer Confidence As of September 30, 2021 Consumer Confidence 140 130 120 110 100 90 80 Dec -17 Mar -18 Jun -18 Sep -18 Dec -18 Mar -19 Jun -19 Sep -19 Dec -19 Mar -20 Jun -20 Sep -20 Dec -20 Mar -21 Jun -21 Sep -21 Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep - 17 18 18 18 18 19 19 19 19 20 20 20 20 21 21 21 Consumer Confidence Current Conditions 123.1 127.0 127.1 135.3 126.6 124.2 124.3 126.3 128.2 118.8 98.3 101.3 87.1 114.9 128.9 109.3 156.5 158.1 161.7 169.4 169.9 163.0 164.3 170.6 170.5 166.7 86.7 98.9 87.2 119.4 159.6 143.4 Expectations 100.8 106.2 104.0 112.5 97.7 98.3 97.6 96.8 100.0 86.8 106.1 102.9 87.0 111.9 108.5 86.6 Source: Bloomberg k MetLife Investment Management 497 15 World Manufacturing As of September 30, 2021 U.S. PMI and ISM Manufacturing 70.0 65.0 60.0 55.0 50.0 45.0 40.0 35.0 2017 2018 2019 2020 U.S. PMI Manufacturing U.S. ISM Manufacturing 61.1 60.7 Date World PMI Manufacturing U.S. PMI U.S. ISM Manufacturing Manufacturing EU PMI China PMI Japan PMI Manufacturing Manufacturing Manufacturing Sep -2019 Dec -2019 Mar -2020 Jun -2020 Sep -2020 Dec -2020 Mar -2021 Jun -2021 Sep -2021 Source: Bloomberg 49.7 50.1 47.3 48.0 52.4 53.8 54.9 55.5 54.1 MetLife Investment Management 51.1 48.3 52.4 47.7 48.5 49.7 49.8 52.2 53.2 55.7 57.1 60.5 59.1 64.7 62.1 60.6 60.7 61.1 498 46.0 51.4 48.9 46.4 51.5 48.4 44.3 50.1 44.8 47.4 51.2 40.1 53.5 53.0 47.7 55.1 53.0 50.0 61.9 50.6 52.7 63.1 51.3 52.4 58.3 50.0 51.5 16 World Services As of September 30, 2021 U.S. PMI and ISM Services 75.0 70.0 65.0 60.0 55.0 - - 50.0 45.0 40.0 35.0 30.0 25.0 2017 2018 U.S. PMI Services 2019 2020 U.S. ISM Non -Manufacturing Date World PMI Services U.S. PMI U.S. ISM Services Services EU PMI China PMI Japan PMI Services Services Services Sep -2019 Dec -2019 Mar -2020 Jun -2020 Sep -2020 Dec -2020 Mar -2021 Jun -2021 Sep -2021 Source: Bloomberg 51.3 51.9 36.8 48.1 52.0 51.8 54.7 57.4 53.4 MetLife Investment Management 50.9 52.9 52.8 55.6 39.8 53.6 47.9 56.5 54.6 57.2 54.8 57.7 60.4 63.7 64.6 60.1 54.9 61.9 499 51.1 51.3 52.8 52.1 52.5 49.4 26.4 43.0 33.8 48.3 58.4 45.0 48.0 54.8 46.9 46.4 56.3 47.7 49.6 54.3 48.3 58.3 50.3 48.0 56.4 53.4 47.8 17 ICE BofA Corporate 1-5 Year Index As of September 30, 2021 480 430 380 330 cn .0 280 a cn .c 230 co 180 130 80 30 Jun -19 Dec -19 Jun -20 Dec -20 Jun -21 Dec -18 OAS (bps) 2002 430 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Corporate(1-5) 174 70 61 65 62 196 639 166 136 227 110 89 99 121 96 61 114 61 60 51 Financial(1-5) 165 51 50 57 56 212 663 204 158 308 126 93 96 104 100 60 116 63 62 55 Industrial(1-5) 176 86 73 75 69 181 624 135 116 164 96 85 103 134 92 61 112 59 57 46 Utility(1-5) 236 79 63 73 71 175 576 155 131 169 110 99 89 120 101 64 126 70 63 57 Past performance is not indicative of future results. Source: ICE Data Services MetLife Investment Management 500 18 Short Duration Cross Sector Relative Value As of September 30, 2021 Category WAL Min (Years) (bps) Date Range: 09/30/2018 to 09/30/2021* Max BOP EDP Spread Change (bps) (bps) (bps) (bps) Credit (1-5 Year) Overall 1-5 Year A Corp 1-5 Year BBB Corp Financial Industrial Utility 2.5 50 ♦ _ e 430 71 51 -20 2.5 36 4 1 _ 309 59 39 -20 2.5 67 4 463 93 68 -25 2.5 54 4 ( _ 376 75 55 -20 2.5 46 + 1 362 68 46 -22 2.5 53 •1 313 82 57 -25 Municipals (1-5 Year) Taxable 2.5 23 ♦ 1 239 55 26 -29 Agency RMBS CMO PAC 3.0 33 • 106 62 38 -24 CMO Sequentials 3.0 35 I ♦ 1 110 67 39 -28 ABS Auto Floorplan AAA Auto Lease AAA Auto Prime AM Auto SubPrime AAA Credit Card AAA Equipment AAA 3.0 14 3.0 18 3.0 12 3.0 23 3.0 9 3.0 17 4 CMBS CMBS Agency AAA Conduit AAA 3.0 15 3.0 32 • Source: ICE Data Services, MetLife Investment Management Past performance is not indicative of future results. *The diamond location is a reflection of the current value as a % of the Max minus Min range for all observations in the period. MetLife investment Management 501 400 52 19 -33 237 53 22 -31 220 38 19 -19 237 55 27 -28 220 20 10 -10 230 51 24 -27 150 27 25 -2 210 42 37 -5 19 3. Portfolio Review MetLife Investment Management 20 502 Portfolio Performances - 2017 Toll Revenue I -i5 Project Fund As of September 30, 2021 Yield to Maturity 0.21% Duration 0.31 Years Average Quality (Moody's) Aa3 Portfolio Market Value $34,107,355 Yield to Maturity Duration Average Quality (Moody's) Portfolio Market Value 0.23% 0.30 Years Aa3 $30,554,194 2017 Toll Revenue 1-15 Project Fund (Gross of Fees) 2017 Toll Revenue 1-15 Project Fund (Net of Fees) FTSE 3 -Month Treasury Bill Asset Allocation 6/30/21 12% 12% 11%41r1 5% . 4% 10% 0.06 0.04 0.01 16% 0.21 0.13 0.03 Corporate Municipal Agency RMBS 30% /CMBS • ABS Treasury • CP • CD 0.28 0.18 0.06 Asset Allocation 9/30/21 4% 6% 15% 11% 1.48 1.39 1.24 Corporate Municipal Agency RMBS 29% /CMBS • ABS Treasury • CP • CD 1. Past performance is not indicative of future results. The Since Inception performance returns of the portfolio is as of the first full month following the funding date. The performance benchmark shown for the Riverside County 1-15 Express Lanes 2017 Toll Revenue Project Portfolio is the FTSE 6 -Month U.S. Treasury Bill, which tracks the return of a six-month Treasury Bill to maturity and the FTSE 3 -Month Treasury Bill, which tracks the return of a three-month Treasury Bill to maturity and is shown for discussion purposes only. MetLife Investment Management 503 21 0.06 Portfolio Performances - 2013 SR -91 Project Residual As of September 30, 2021 Yield to Maturity 0.36% Duration 1.62 Years Average Quality (Moody's) Aa1 Portfolio Market Value $27,061,019 Yield to Maturity Duration Average Quality (Moody's) Portfolio Market Value NA 0.00 Years Aaa $27,057,522 Asset Allocation 6/30/21 1% 44% 21% 5% . sv 5% 70 0 10% 7% Corporate Municipal Agency • RMBS • CMBS ABS • Treasury • MMKT Asset Allocation 9/30/21 ■ Cas h Portfolio Performance (%)1 it Riverside County 2013 SR -91 Project Residual Fund (Gross of Fees) Riverside County 2013 SR -91 Project Residual Fund (Net of Fees) ICE BofA U.S. Treasury Index 0-2 Year Custom Benchmark 0.03 0.16 0.09 0.35 0.26 2.10 2.00 0.04 0.09 0.13 1.82 0.06 -0.02 0.01 1.78 1.Past performance is not indicative of future results. Inception date 1/4/18. Performance returns are calculated as of the first full month following the funding date. The performance benchmark shown for the Riverside County 2013 Residual Fund Portfolio is the ICE BofA 0-2 Year U.S. Treasury Index, which is a broad -based index that measures short-term Treasury Notes and Bonds with a maturity range between zero and two years. The custom benchmark is the ICE BofA 0-2 Year U.S. Treasury Index from inception to 12/31/20 and the ICE BofA 1-3 Year U.S. Treasury Index, from 1/1/21 to present, which is a broad - based index that measures short-term Treasury Notes and Bonds with a maturity range between one and three years and is presented for discussion purposes only. MetLife Investment Management 504 22 0.03 Portfolio Performance) - 2017 Toll Revenue I-15 Ramp Up Reserve As of September 30, 2021 Yield to Maturity 0.34% Duration 1.62 Years Average Quality (Moody's) Aaa Portfolio Market Value $15,715,076 29% Yield to Maturity Duration Average Quality (Moody's) Portfolio Market Value 0.36% 1.63 Years Aaa $15,675,519 Asset Allocation 6/30/21 10% 8% • Treasury Agency • RMBS • CMBS Asset Allocation 9/30/21 8% 1% 21% gell 7/o o 63% • Treasury Agency • RMBS • CMBS Cash Portfolio Performance (%)1 YTD 1 -Year Since Inception Annualized (1/1/2018) 2017 Toll Revenue 1-15 Ramp Up Reserve (Gross of Fees) 2017 Toll Revenue 1-15 Ramp Up Reserve (Net of Fees) ICE BofA U.S. Treasury Index 0-2 Year Custom Benchmark 0.19 0.35 2.09 0.01 0.12 0.25 1.99 0.04 0.06 0.09 -0.02 0.13 1.77 0.01 1.74 1. Past performance is not indicative of future results. Inception date 12/5/17. Performance returns are calculated as of the first full month following the funding date. Performance for periods greater than one year are annualized. The performance benchmark shown for the Riverside County 1-15 Express Lanes Toll Revenue Reserve Portfolio is the ICE BofA 0-2 Year U.S. Treasury Index, which is a broad -based index that measures short-term Treasury Notes and Bonds with a maturity range between zero and two years and is presented for discussion purposes only. The custom benchmark is the ICE BofA 0-2 Year U.S. Treasury Index from inception to 12/31/20 and the ICE BofA 1-3 Year U.S. Treasury Index, from 1/1/21 to present, which is a broad -based index that measures short-term Treasury Notes and Bonds with a maturity range between one and three years and is presented for discussion purposes only. MetLife Investment Management 505 23 Portfolio Performances - Debt Reserve Fund As of September 30, 2021 Yield to Maturity 0.77% Duration 2.78 Years Average Quality (Moody's) Aaa Portfolio Market Value $17,910,451 Yield to Maturity Duration Average Quality (Moody's) Portfolio Market Value 0.72% 2.59 Years Aaa $17,920,694 38% Asset Allocation 6/30/21 37% • Treasury TIPS • Agency • RMBS CMBS 32% Asset Allocation 9/30/21 1% 1 32% 31% 1% 3% • Treasury TIPS • Agency • RMBS CMBS • Cash Portfolio Performance (%)1 Total Debt Service Fund (Gross of Fees) Total Debt Service Fund (Net of Fees) ICE BofA U.S. Treasury Index 1-3 Year ICE BofA U.S. Treasury Index 3-7 Year 0.08 0.05 0.06 -0.16 -0.23 -0.30 -0.02 -1.55 -0.01 -0.11 0.03 -1.72 2.46 2.37 1.33 2.40 1. Past performance is not indicative of future results. Performance returns for periods greater than one year are annualized. The performance benchmark shown for the Riverside County Debt Reserve Fund is the ICE BofA US Treasury 3-7 Year, which is a broad -based index consisting of U.S. Treasury securities with an outstanding par greater or equal to $1 billion and a maturity range from three to seven years, and the ICE BofA 1-3 Year U.S. Treasury Index, which is a broad based index that measures short-term Treasury Notes and Bonds with a maturity range between one and three years, and is presented for discussion purposes only. MetLife Investment Management 506 24 Portfolio Performances - 91 Subordinate Reserve Account As of September 30, 2021 Yield to Maturity 0.65% Duration 2.67 Years Average Quality (Moody's) Aaa Portfolio Market Value $21,070,807 Yield to Maturity Duration Average Quality (Moody's) Portfolio Market Value 0.40% 1.28 Years Aaa $21,067,204 33% 37% Asset Allocation 6/30/21 22% 14, ig 1% 7% • Treasury TIPS • Agency • RMBS CMBS 51% Asset Allocation 9/30/21 • RMBS CMBS • Cash Portfolio Performance (%)1 Total 91 Subordinate Reserve Fund (Gross of Fees) Total 91 Subordinate Reserve Fund (Net of Fees) ICE BofA U.S. Treasury Index 1-3 Year ICE BofA U.S. Treasury Index 3-7 Year 0.03 0.01 0.06 -0.16 -0.13 -0.20 -0.02 -1.55 0.12 0.02 0.03 -1.72 2.30 2.20 1.85 2.85 1.Past performance is not indicative of future results. The performance benchmark shown for the Riverside County 91 Subordinate Reserve Account is the ICE BofA US Treasury 3-7 Year, which is a broad - based index consisting of U.S. Treasury securities with an outstanding par greater or equal to $1 billion and a maturity range from three to seven years, and the ICE BofA 1-3 Year U.S. Treasury Index, which is a broad based index that measures short-term Treasury Notes and Bonds with a maturity range between one and three years, and is presented for discussion purposes only. MetLife Investment Management 507 25 RCTC Portfolios Beginning Market Value (7/3/2013) Net Flows Market Value Change in (9/30/2021) Market Value Debt Service Reserve Fund $17,667,869 ($3,442,408) $17,920,694 $3,695,233 Portfolio Beginning Market Value Net Flows (7/3/2013) Market Value Change in (9/30/2021) Market Value 2013 SR -91 Project Residual Fund $3,292,782 +$22,338,172 27,057,522 $1,426,569 Portfolio Beginning Market Value (6/6/2019) Net Flows Market Value (9/30/2021) Change in Market Value Subordinate Reserve Account $0 +$20,000,000 $21,067,204 $1,067,204 20171-15 Proje Portfol' Beginning Market Value (7/24/2017) Net Flows Market Value Change in (9/30/2021) Alk Market Value 2017 Toll Revenue 1-15 Project Fund Port 11111 1 $98,562,718 ($72,319,892) Beginning Market Value (12/5/2017) Net Flows $30,554,194 $4,311,368 -1111 Market Value Chan (9/30/2021) Market Value 2017 Toll Revenue 1-15 Ramp Up Reserve $7,723,487 $7,301,451 $15,675,519 $650,581 Total Project $106,286,205 ($65,018,441) $46,229,713 $4,961,949 lk MetLife Investment Management 508 26 4. Appendix MetLife Investment Management 27 509 ESG Engagement Year to Date Total engagements with issuers, year to date as of September 30, 2021 Environmental (222) GHG Emissions Air Quality 29 Business Model Resilience Ecological Impacts Energy Management Physical Impacts of Climate Change Water & Wastewater Management Waste & Hazardous Materials Management 27 25 20 18 14 ■ 6 Materials Sourcing & Efficiency 1 2 Supply Chain Management 1 2 Cl) a) E ca x w 79 Social (81) Employee Engagement,and D&I Employee Health & Safety Business Model Resilience Data Security Customer Welfare Human Rights & Community Relations Access & Affordability Product Quality & Safety Customer Privacy ■ 1 5 7 8 13 Governance (79) 15 Business Model Resilience Management of Legal & Regulatory Environment Labor Practices 11 Business Ethics 6 Critical Incident Risk Management Prod. Design & Lifecycle Management Competitive Behavior Selling Practices & Product Labeling Systemic Risk Management 4 4 21 • Investment into environmental initiatives • Tangible progress toward reducing emissions and carbon neutrality • Clear metrics in reduction of waste and water consumption 1. Using SASB methodology . MetLife Investment Management • Engagement with underserved communities • Improvements in cybersecurity to protect confidential data and mitigate breaches • Firm commitment toward D&I, with targets to advance diversity and inclusion 510 • Consistent messaging to the investor community • Ability to demonstrate strong leadership, including experienced and effective management team • Transparent reporting on any breaches and adequate remedies 28 ESG Engagement — a Cornerstone of our ESG Process Active engagement with issuer leadership is key to managing investment risk. Analysts engage in ongoing dialogue with senior leadership to develop a complete understanding of their sustainable business practices. Assess Business Model Resilience and Issuer Response to the Environmental, Social and Governance factors impacting their business Environmental • Climate change mitigation • Climate change adaptation • Reduction of greenhouse gas emissions • Commitment to energy conservation and more efficient sources, including renewabies • Wastewater handling • Water consumption • Biodiversity and land use • Innovation in clean tech • Promoting of green solutions • Protecting infrastructure from severe weather events • Vulnerability to natural disasters and environmental change Social Corporate Sector: • Health and safety in the workplace • Safety of products for the consumer • Labor relations and stability of labor force • Diversity and inclusion • Engagement with community • Data security and privacy Public Sector: • Human rights • Essential services and housing affordability • Access to healthcare • Policies to meet shifting demographic, and income inequality • Social stability and (in)equality • UN Development Indicators MetLife Investment Management 511 Governance Corporate Sector: • Stable financial policies • Board structure and independence • Leadership and management practices • Executive pay policies • Effectiveness of internal controls • Business conduct to deal with corruption/bribery • Shareholder rights Public Sector: • Regulatory or legal separation of governmental entities • Effective fiscal controls and budgeting practices • Quality of institutions and rule of law • Stability of political system 29 ESG —Embedded into our Investment Process Our investment process is driven by fundamental research and bottom -up security selection. Reviewing ESG factors is an important component of this process. • Analyze ESG factors' impact on the quality of underlying assets, assessment of the management team, and potential environmental liability review, among other areas. • Issues raised are discussed during research meetings in an effort to highlight all material risks, including ESG, to the broader team. rimmriri r IAIM's assessment. of company's efforts to Company specific factors: the company Actions to contr. the rlSk control the risk Convening more than 900AIVY of ml.based elec., to Salasfactory gas -fired generation based on terminals up end ninning Plus soon to be completed ...mane. in Nicaragua and Memo. Onoe completed, these temanalsvall eliminate 1 Ornn Ions of CO2 annually For each 100MW. NFE estimates It will help to reduce COR emissions by Ink tons/year Company has �`nya,.s.`.a`NFE emission systems Mat ere less reliant on electticIty, don't require Preoloas metals.. redo°. WINO. WS, P parMered wah H2Pm to help design modular, scalable ent ,e sustainable Above average foau on green hydrogen a to satisfactory gas a. other hydrocarbons To do hydrogen companies, investing in .. g!..tashelpscale thorn up. bullding proof, conseol. and eventually SOCIAL (s) Leak of reliable and/or Average emerging markets Brazil has gromng Above average Lowenng Me cost of energy Above average MilAs assessment of company's ellarts to Adions to cwt.,. risk control the risX iagenergY access in emergag market locations SaOsfactory is needed most vra LNG cation the nnand o Satisfactory ends a. a.BrisgcnF nay a al acLIMBring energy costs Mt 'mewl talatal nd tieeresources satisfactory lo Invest eau.atitia. ettonNaeno a u. OOVERSANCE(Of Seperaban of CEO and Average Lheaman roles ntratIon of Voting Above average Sge of the Board Average ass.ament of Potions to control the risk control the Mr. Edens serves se boal CEO and ...men Fertile Unsasfactory to ch.se its Chairperson of the Board in any way Ole, it deems In the host Int.. Of lbe As ol AM,. Wes Edens, Randal Nardone. a. UnSatatactorao Fortress InVestrnerd Group directly or irdirectly own. SA 3, of vohng power of Ole Class A common stock Board Isla have no Awer than three end no more than selisfaczory eight directors • For primary market issuance, traders include the MSCI ESG score,2 along with the relevant E, S and G dimensions, which is then distributed to the broader investment team. • Traders track ESG green issuance and other ESG related supply and assess relative value.3 Investment Grade New Issue il Company: Rating: Baa2/A/BBB+ Size: $15bn Security: 5yr Fxd / 7yr Fxd / 10yr Fxd Security: 20yr Fxd / 30yr Fxd / 40yr Fxd Format: SEC Registered, Senior Unsecured 1PT: Guidance: Launch: Books: ESG: E: _ S: _ G: ESG: Weighted Average Key Issue Score: _ ESG: Industry Adjusted Score: _ 1. Screenshots for illustrative purposes only. 2. MSCI scores are included where ESG scores are available. 3. As applicable MetLife Investment Management 512 Portfolio Management • MSCI's ESG risk ratings and reports are available via MIM's investment platform Aladdin, including consolidated ESG scores 2 by sector and security. • Portfolios are managed to specific client guidelines, including Responsible Investing and ESG policies. Corporate Risk and Exposure Security Description T ESG Score (wt Avg) ESG Score (wt ESG Score (wt (Port) Avg) (Bench) Avg) (Active) Fossil Fuel Exposures 50 25 0 -25 �.. Ng ,)Q �O ,y'4 1° ,}O ,to ,yam 9:. �� 19. ti� ,19 ti� ;1. 1, � ti� ti� cS(' 'S�' o � ,so PQ� 30 Disclosures This material is intended for institutional investor, qualified investor and financial professional use only. Not suitable for use with general retail public. This document is being provided to you at your specific request. This document has been prepared by MetLife Investment Management, LLC (formerly, MetLife Investment Advisors, LLC), a U.S. Securities Exchange Commission -registered investment adviser. MetLife Investment Management, LLC is a subsidiary of MetLife, Inc. and part of MIM.1 Registration with the SEC does not imply a certain level of skill or that the SEC has endorsed the investment advisor. MetLife, Inc. provides investment management services to affiliates and unaffiliated/third party clients through various subsidiaries. MetLife Investment Management ("MIM"), MetLife, Inc.'s institutional investment management business, is responsible for investments in a range of asset sectors, public and privately sourced, including corporate and infrastructure private placement debt, real estate equity, commercial mortgage loans, customized index strategies, structured finance, emerging market debt, and high yield debt. MIM has invested on behalf of unaffiliated/third party clients since 2009. The information contained herein is intended to provide you with an understanding of the depth and breadth of MIM's investment management services and investment management experience. This document has been provided to you solely for informational purposes and does not constitute a recommendation regarding any investments or the provision of any investment advice, or constitute or form part of any advertisement of, offer for sale or subscription of, solicitation or invitation of any offer or recommendation to purchase or subscribe for any securities or investment advisory services. Unless otherwise specified, the information and opinions presented or contained in this document are provided as of the quarter end noted herein. It should be understood that subsequent developments may affect the information contained in this document materially, and MIM shall not have any obligation to update, revise or affirm. It is not MIM's intention to provide, and you may not rely on this document as providing, a complete or comprehensive analysis of MIM's investment portfolio, investment strategies or investment recommendations. No money, securities or other consideration is being solicited. No invitation is made by this document or the information contained herein to enter into, or offer to enter into, any agreement to purchase, acquire, dispose of, subscribe for or underwrite any securities or structured products, and no offer is made of any shares in or debentures of a company for purchase or subscription. Prospective clients are encouraged to seek advice from their legal, tax and financial advisors prior to making any investment. No money, securities or other consideration is being solicited. No invitation is made by this document or the information contained herein to enter into, or offer to enter into, any agreement to purchase, acquire, dispose of, subscribe for or underwrite any securities or structured products, and no offer is made of any shares in or debentures of a company for purchase or subscription. Prospective clients are encouraged to seek advice from their legal, tax and financial advisors prior to making any investment. Confidentiality. By accepting receipt or reading any portion of this Presentation, you agree that you will treat the Presentation confidentially. This reminder should not be read to limit, in any way, the terms of any confidentiality agreement you or your organization may have in place with MetLife Investment Management, LLC. This document and the information contained herein is strictly confidential (and by receiving such information you agree to keep such information confidential) and are being furnished to you solely for your information and may not be used or relied upon by any other party, or for any other purpose, and may not, directly or indirectly, be forwarded, published, reproduced, disseminated or quoted to any other person for any purpose without the prior written consent of MIM. Any forwarding, publication, distribution or reproduction of this document in whole or in part is unauthorized. Any failure to comply with this restriction may constitute a violation of applicable securities laws. Past performance is not indicative of future results. No representation is being made that any investment will or is likely to achieve profits or losses or that significant losses will be avoided. There can be no assurance that investments similar to those described in this document will be available in the future and no representation is made that future investments managed by MIM will have similar returns to those presented herein. All information has been presented in U.S. dollars. Actual returns may increase or decrease due to currency fluctuations. No offer to purchase or sell securities. This Presentation does not constitute an offer to sell or a solicitation of an offer to buy any security and may not be relied upon in connection with the purchase or sale of any security. No reliance, no update and use of information. You may not rely on this Presentation as the basis upon which to make an investment decision. To the extent that you rely on this Presentation in connection with any investment decision, you do so at your own risk. This Presentation is being provided in summary fashion and does not purport to be complete. The information in the Presentation is as of the date indicated on the cover of this document unless otherwise specified and MIM does not intend to update the information after its distribution, even in the event that the information becomes materially inaccurate. Certain information contained in this Presentation, includes performance and characteristics of MIM's by independent third parties, or have been prepared internally and have not been audited or verified. Use of different methods for preparing, calculating or presenting information may lead to different results for the information presented, compared to publicly quoted information, and such differences may be material. Risk of loss. An investment in the strategy described herein is speculative and there can be no assurance that the strategy's investment objectives will be achieved. Investors must be prepared to bear the risk of a total loss of their investment. No tax, legal or accounting advice. This Presentation is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. Any statements of U.S. federal tax consequences contained in this Presentation were not intended to be used and cannot be used to avoid penalties under the U.S. Internal Revenue Code or to promote, market or recommend to another party any tax -related matters addressed herein. 1.As of June 30, 2021, subsidiaries of MetLife, Inc. that provide investment management services to MetLife's general account, separate accounts and/or unaffiliated/third party investors include Metropolitan Life Insurance Company, MetLife Investment Management, LLC, MetLife Investment Management Limited, MetLife Investments Limited, MetLife Investments Asia Limited, MetLife Latin America Asesorias e Inversiones Limitada, MetLife Asset Management Corp. (Japan), and MIM 1 LLC. MetLife Investment Management 513 L1021017637[exp0422][AII States] 31 Disclaimers Forward -Looking Statements. This document may contain or incorporate by reference information that includes or is based upon forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward -looking statements give expectations or forecasts of future events. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words and terms such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "will," and other words and terms of similar meaning, or are tied to future periods in connection with a discussion of future performance. Forward -looking statements are based MIM's assumptions and current expectations, which may be inaccurate, and on the current economic environment which may change. These statements are not guarantees of future performance. They involve a number of risks and uncertainties that are difficult to predict. Results could differ materially from those expressed or implied in the forward -looking statements. Risks, uncertainties and other factors that might cause such differences include, but are not limited to: (1) difficult conditions in the global capital markets; (2) changes in general economic conditions, including changes in interest rates or fiscal policies; (3) changes in the investment environment; (4) changed conditions in the securities or real estate markets; and (5) regulatory, tax and political changes. MIM does not undertake any obligation to publicly correct or update any forward -looking statement if it later becomes aware that such statement is not likely to be achieved. MetLife Investment Management 514 32 End Notes Explanatory Note The following information is relevant to an understanding of our assets under management ("AUM"). Our definitions may differ from those used by other companies. Total Assets Under Management ("Total AUM") is comprised of GA AUM plus Institutional Client AUM (each, as defined below). General Account AUM ("GA AUM") is used by MetLife to describe assets in its general account ("GA") investment portfolio which are actively managed and stated at estimated fair value. GA AUM is comprised of GA total investments and cash and cash equivalents, excluding policy loans, other invested assets, contractholder-directed equity securities and fair value option securities, as substantially all of these assets are not actively managed in MetLife's GA investment portfolio. Mortgage loans (including commercial, agricultural and residential) and real estate and real estate joint ventures included in GA AUM (at net asset value, net of deduction for encumbering debt) have been adjusted from carrying value to estimated fair value. Classification of GA AUM by sector is based on the nature and characteristics of the underlying investments which can vary from how they are classified under GAAP. Accordingly, the underlying investments within certain real estate and real estate joint ventures that are primarily commercial mortgage loans (at net asset value, net of deduction for encumbering debt) have been reclassified to exclude them from real estate equity and include them as commercial mortgage loans. Institutional Client AUM is comprised of SA AUM plus TP AUM (each, as defined below). MIM manages Institutional Client AUM in accordance with client guidelines contained in each investment contract ("Mandates"). Separate Account AUM ("SA AUM") is comprised of separate account investment portfolios of MetLife insurance companies, which are managed by MetLife and included in MetLife, Inc.'s consolidated financial statements at estimated fair value. Third Party AUM ("TP AUM") is comprised of non-proprietary assets managed by MetLife on behalf of unaffiliated/third party clients, which are stated at estimated fair value. Such non-proprietary assets are owned by unaffiliated/third-party clients and, accordingly, are not included in MetLife, Inc.'s consolidated financial statements. Additional information about MetLife's general account investment portfolio is available in MetLife, Inc.'s quarterly financial materials for the quarter ended December 31, 2020, which may be accessed through MetLife's Investor Relations web page at https://investor.metlife.com. MetLife Investment Management 33 515 MetLife Investment Management © 2021 MetLife Services and Solutions, LLC, New York, NY 10166 - All Rights Reserved. 516 ATTACHMENT 11 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio 2812 September 1, 2021 through September 30, 2021 Online Copy PAYDEN & RYGEL 333 South Grand Avenue Los Angeles, California 90071 213 625-1900 payden.com LE payden.com Los Angeles 1 Boston 1 London 1 Milan Page 1 of 36 Monthly Recap •-• September 2021 Economic Highlights The unemployment rate was 5.2% in August and firms added a disappointing 235,000 net, new jobs to nonfarm payrolls over the month. The U.S. economy grew at an annual rate of 6.7% in the second quarter. According to the Bureau of Economic Analysis, "The increase in real GDP in the second quarter reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending that were partly offset by decreases in private inventory investment, residential fixed investment, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased." Headline consumer prices, as measured by the consumer price index (CPI), registered at 5.2% year -over -year in August. Core CPI, which excludes volatile food and energy prices, printed at 4.0% compared to 12 months ago. Markets & Rates In the U.S., the yield on the 2 -year Treasury note rose to 0.28%. The yield on the benchmark 10 -year Treasury rose to 1.49%, up from 1.31% at the end of August. The yield on the 30 -year Treasury rose to 2.04%. Corporate spreads tightened slightly in September. Short duration corporates (1-3 year) were nearly unchanged at 32 basis points. The 1 -30 -year corporate index narrowed slightly from 87 basis points to 84 basis points. The Standard & Poor's 500 index returned -4.65% in September, and the NASDAQ Composite index returned -5.27%. Large cap stocks returned -4.59% and small cap stocks returned -2.95%. In global markets, the European 10 -year government bond yield ended the month at -0.04% compared to -0.20% at the start of the month. The Japanese 10 -year bond yield finished September at 0.07%. The Japanese yen weakened against the dollar, closing the month at 111.29/US$ from 110.01/US$ at the end of August. The euro was nearly unchanged versus the dollar and ended the month at 1.16/€. Meanwhile, the MSCI EAFE returned -3.7% during the month. The Fed At the September meeting, the Federal Open Market Committee (FOMC) left its policy rate and asset purchase schedule unchanged. However, in its statement, the FOMC announced that a "moderation in the pace of asset purchases" (tapering) "may soon be warranted" if "progress continues broadly as expected." In addition to setting the stage for a taper announcement, the Committee released their Summary of Economic Projections, otherwise known as the "dots," which revealed that members were expecting more rate hikes in 2024 than the bond market did at the time the projections were published. Despite the more "hawkish" tone struck at the September meeting, Chair Powell made sure to reiterate that the decision to hike rates is independent of the decision to taper and has a substantially higher bar. payden.com Los Angeles 1 Boston 1 London 1 Milan Page 2 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Settle Date - Portfolio Summary Currency: USD Market Value by Sector Sector Allocation Market Value Percent Cash Treasuries Agencies Taxable Muni Credit Mortgage -Backed Asset -Backed Total portfolio 827,044.13 32,333,659.75 852,827.54 9,146,062.87 8,071,914.99 2,532,637.55 2,062,068.61 55,826,215.44 1.48% 57.92% 1.53% 16.38% 14.46% 4.54% 3.69% 100.00% Portfolio 2812 as of September 30, 2021 Market Returns ICE BofA US 3 -Month Treasury Bill Index ICE BofA 1-3 Year US Treasury Index Bloomberg Barclays 5 -Year Municipal Bond Index Bloomberg Barclays US Aggregate Bond Index Dow Jones Industrial Average S&P 500 NASDAQ Russell 3000 Index MSCI EAFE Index (U.S. $ Returns) Total Return(1) September 2021 0.01% (0.10)% (0.46)% (0.87)% (4.10)% (4.69)% (5.58)% (4.61)% (3.70)% (1) - Unannualized Change in Market Value Performance Market Value - 8/31/2021 Contributions (Withdrawals) Interest income Amortization Realized gain or (loss): from original cost from amortized cost Change in unrealized gain or (loss): from original cost from amortized cost Realized G/L on currency forwards Mutual fund distributions STIF interest and other (2) Investment gain or (loss) 0.00 (580.51) (580.51) 39,961.11 (6,152.88) 184.62 (186.98) (75,339.94) (68,815.47) 0.00 0.00 (1.33) (35,195.54) 55, 861,991.49 Market Value - 9/30/2021 55,826,215.44 (2) - Includes prior period adjustments and futures margin variation, if applicable. Unannualized total return Weighted cash flows Cash flow adjusted market value ADV Notice (0.06)% (580.51) 55,861,410.98 Pursuant to SEC Rule 204(b) under the Investment Advisers Act of 1940, Payden & Rygel is required annually to offer to send to you a written disclosure statement about Payden & Rygel, which consists of a copy of Part 2A of Payden & Rygel's Form ADV. If you wish to receive a copy of Part 2A of our Form ADV, please send a written request to ADVRequest@payden.com or call (213) 830-4236. �r payden.com Los Angeles 1 Boston 1 London 1 Milan 519 Page 3 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Units Security Identifier Original Principal Cost Principal Market Value Purchased Accrued Accrued Income Gain / (Loss) from Cost Portfolio 2812 as of September 30, 2021 Market Percent of Portfolio Price Cash CASH OR STIF USD 827,044.13 827,044.13 0.00 1.000 1.48% Total for Cash 827,044.13 827,044.13 0.00 1.48% Treasu les 8,050,000.000 4,150,000.000 560,000.000 7,310,000.000 4,775,000.000 980,000.000 980,000.000 280,000.000 U.S. TREASURY Mat: 1/31/23 Moody's: Aaa Tr Date: 1/26/21 NOTE Cpn: 0.13% S&P: AA+u St Date: 2/1/21 U.S. TREASURY NOTE Mat: 3/31/23 Moody's: Aaa Tr Date: 3/30/21 U.S. TREASURY Mat: 8/31/23 Moody's: Aaa Tr Date: 9/23/21 U.S. TREASURY Mat: 12/15/23 Moody's: Aaa Tr Date: 1/12/21 U.S. TREASURY Mat: 1/15/24 Moody's: Aaa Tr Date: 1/29/21 U.S. TREASURY Mat: 3/15/24 Moody's: Aaa Tr Date: 3/23/21 U.S. TREASURY Mat: 5/15/24 Moody's: Aaa Tr Date: 5/28/21 Cpn: 0.13% S&P: AA+u St Date: 3/31/21 NOTE Cpn: 0.13% S&P: AA+u St Date: 9/24/21 NOTE Cpn: 0.13% S&P: AA+u St Date: 1/13/21 NOTE Cpn: 0.13% S&P: AA+u St Date: 2/1/21 NOTE Cpn: 0.25% S&P: AA+u St Date: 3/24/21 NOTE Cpn: 0.25% S&P: AA+u St Date: 6/1/21 U.S. TREASURY NOTE Mat: 6/15/24 Cpn: 0.25% Moody's: Aaa S&P: AA+u Tr Date: 6/30/21 St Date: 7/1/21 Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA 91282CBG5 91282CBU4 91282CCU3 91282CBA8 91282CBE0 91282CBR1 91282CCC3 91282CCG4 8,051,893.83 8,047,327.16 (4,566.67) 140.28 1,695.31 99.967 4,147,956.65 4,146,514.66 (1,441.99) 99.916 220.18 14.25 558,578.13 558,512.50 (65.63) 99.734 46.41 59.94 7,289,726.17 7,276,876.56 (12,849.61) 727.99 2,696.31 99.547 4,767,166.02 4,750,192.39 (16,973.62) 99.481 280.30 1,265.12 977,845.32 976,707.82 (1,137.50) 99.664 105.57 108.29 978,698.44 975,176.57 (3,521.87) 99.508 113.18 925.41 278,359.38 278,425.00 65.62 30.60 206.56 99.438 14.42% 7.43% 1.00% 13.04% 8.51% 1.75% 1.75% 0.50% �r payden.com Los Angeles 1 Boston 1 London 1 Milan 520 Page 4 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Units Security Identifier Original Principal Cost Principal Market Value Purchased Accrued Accrued Income Gain / (Loss) from Cost Portfolio 2812 as of September 30, 2021 Market Percent of Portfolio Price 4,345,000.000 U.S. TREASURY Mat: 7/15/24 Moody's: Aaa Tr Date: 7/30/21 985,000.000 U.S. TREASURY Mat: 9/15/24 Moody's: Aaa Tr Date: 9/28/21 NOTE Cpn: 0.38% S&P: AA+u St Date: 8/2/21 NOTE Cpn: 0.38% S&P: AA+u St Date: 9/29/21 Fitch: AAA Fitch: AAA 91282CCL3 91282CCX7 4,345,519.14 1,651.43 979,921.09 142.86 4,332,609.97 3,453.57 980,729.10 163.26 (12,909.16) 99.715 808.01 99.566 7.77% 1.76% Total for Treasuries 32,375,664.17 3,458.79 32,323,071.74 10,588.01 (52,592.43) 57.92% Agencies 300,000.000 FHLMC C 11/25/22 Q Mat: 11/25/24 Moody's: Aaa Tr Date: 12/3/20 560,000.000 FHLB C 05/12/21 Q Mat: 2/12/26 Moody's: WR Tr Date: 2/12/21 Cpn: 0.45% S&P: AA+u Fitch: AAA St Date: 12/4/20 Cpn: 0.60% S&P: AA+ Fitch: AAA St Date: 2/16/21 3134GXDZ4 3130AKXQ4 300,000.00 33.75 559,608.00 37.33 298,067.96 472.50 553,829.74 457.33 (1,932.04) 99.356 (5,778.26) 98.898 0.53% 0.99% Total for Agencies 859,608.00 71.08 851,897.70 929.83 (7,710.30) 1.53% Taxable Muni 120,000.000 200,000.000 125,000.000 190,000.000 CT STATE GO/ULT TXB Mat: 10/15/21 Moody's: Aa3 Tr Date: 6/13/19 Cpn: 2.40% S&P: A+ Fitch: AA - St Date: 6/17/19 CA SAN DIEGO CITY PUB FACS LEASE TXB Mat: 10/15/21 Moody's: Tr Date: 6/4/18 Cpn: 2.99% S&P: AA- Fitch: AA - St Date: 6/21/18 20772JKP6 797299LT9 CA SANTA BARBARA CNTY SOLID WST COP TXB 80136PCY7 Mat: 12/1/21 Cpn: 3.30% Moody's: Al S&P: AA Fitch: Tr Date: 11/15/18 St Date: 11/28/18 HI STATE GO/ULT TXB Mat: 1/1/22 Moody's: Aa2 Tr Date: 2/7/19 Cpn: 2.77% S&P: AA+ Fitch: AA St Date: 2/21/19 419792YL4 120, 216.00 496.21 200,000.00 0.00 125,000.00 0.00 190,000.00 0.00 120,077.78 1,328.55 200,157.64 2,761.13 125,620.50 1,375.00 191,178.18 1,315.75 (138.22) 100.065 157.64 100.079 620.50 100.496 1,178.18 100.620 0.22% 0.36% 0.23% 0.34% payden.com Los Angeles 1 Boston 1 London 1 Milan 521 Page 5 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 210,000.000 CA STATE GO/ULT-TXBL BABS 13063BFS6 245,815.50 215,540.49 (30,275.01) 102.638 0.39% Mat: 3/1/22 Cpn: 6.65% 6,710.96 1,163.75 Moody's: Aa2 S&P: AA- Fitch: AA Tr Date: 8/21/17 St Date: 8/24/17 300,000.000 CA DEPT WTR RESOURCES-PWR SUP TXB ETM 13066YTZ2 301,251.00 303,064.50 1,813.50 101.022 0.55% Mat: 5/1/22 Cpn: 2.00% 2,833.33 2,500.00 Moody's: WR S&P: AA+ Fitch: WD Tr Date: 10/17/19 St Date: 10/21/19 285,000.000 CA UNIV OF CALIFORNIA REV TXB 91412HDJ9 286,000.35 290,498.89 4,498.54 101.929 0.53% Mat: 5/15/22 Cpn: 3.28% 831.69 3,534.70 Moody's: Aa3 S&P: AA- Fitch: AA - Tr Date: 12/13/18 St Date: 12/17/18 330,000.000 CA BEVERLY HILLS PFA LEASE REV TXB 088006JW2 330,000.00 330,582.02 582.02 100.176 0.59% Mat: 6/1/22 Cpn: 0.37% 0.00 410.30 Moody's: S&P: AA+ Fitch: Tr Date: 9/23/20 St Date: 10/15/20 520,000.000 CA HEALTH FACS-NO PLACE LIKE HOME-TXB 13032UUZ9 520,000.00 525,742.72 5,742.72 101.104 0.95% Mat: 6/1/22 Cpn: 1.89% 0.00 3,281.20 Moody's: Aa3 S&P: AA- Fitch: AA - Tr Date: 11/20/19 St Date: 11/25/19 120,000.000 CT STATE OF CONNECTICUT GO/ULT TXB 20772KJU4 122,018.40 121,945.22 (73.18) 101.621 0.22% Mat: 7/1/22 Cpn: 2.50% 0.00 750.00 Moody's: Aa3 S&P: A+ Fitch: AA - Tr Date: 5/29/20 St Date: 6/11/20 210,000.000 MA STATE GO/ULT TXB 57582RF76 210,000.00 210,422.13 422.13 100.201 0.38% Mat: 7/1/22 Cpn: 0.39% 0.00 202.65 Moody's: Aa1 S&P: AA Fitch: AA+ Tr Date: 6/26/20 St Date: 7/9/20 300,000.000 CA CONTRA COSTA CCD GO/ULT TXB 212204JC6 300,000.00 303,722.15 3,722.15 101.241 0.55% Mat: 8/1/22 Cpn:1.65% 0.00 826.00 Moody's: Aa1 S&P: AA+ Fitch: Tr Date: 8/29/19 St Date: 9/12/19 435,000.000 CA SAN BERNARDINO CCD TXB 796720ME7 435,000.00 441,149.65 6,149.65 101.414 0.79% Mat: 8/1/22 Cpn: 1.88% 0.00 1,365.18 Moody's: Aa1 S&P: AA Fitch: Tr Date: 11/21/19 St Date: 12/12/19 400,000.000 CA SAN FRANCISCO REDEV AGY-TXBL 79770GGP5 406,628.00 407,174.84 546.84 101.794 0.73% Mat: 8/1/22 Cpn: 2.38% 527.78 1,583.33 Moody's: S&P: AA- Fitch: Tr Date: 2/19/20 St Date: 2/21/20 �r payden.com 522 Los Angeles 1 Boston 1 London 1 Milan Page 6 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 420,000.000 CA SONOMA CNTY CLG DIST TXB 835569GP3 420,000.00 426,374.40 6,374.40 101.518 0.77% Mat: 8/1/22 Cpn: 1.97% 0.00 1,378.30 Moody's: Aa2 S&P: AA Fitch: Tr Date: 10/23/19 St Date: 11/12/19 330,000.000 CA UPPER SANTA CLARA VLY JPA REV TXB 916544ER6 330,000.00 330,784.44 784.44 100.238 0.59% Mat: 8/1/22 Cpn: 0.53% 0.00 288.75 Moody's: S&P: AA Fitch: AA - Tr Date: 7/16/20 St Date: 7/23/20 330,000.000 CA GLENDALE USD GO/ULT TXB 378460YB9 330,000.00 332,905.35 2,905.35 100.880 0.60% Mat: 9/1/22 Cpn: 1.04% 0.00 286.28 Moody's: Aa1 S&P: Fitch: Tr Date: 5/13/20 St Date: 6/2/20 250,000.000 CA MOUNTAIN VIEW-WHISMAN SD TXB 62451FKF6 250,000.00 252,106.02 2,106.02 100.842 0.45% Mat: 9/1/22 Cpn: 1.04% 0.00 217.29 Moody's: Aaa S&P: AA+ Fitch: Tr Date: 5/1/20 St Date: 5/19/20 250,000.000 CA SAN DIEGO REDEV AGY TAB TXB 79730WAY6 260,687.50 256,751.02 (3,936.48) 102.700 0.46% Mat: 9/1/22 Cpn: 3.25% 1,151.04 677.08 Moody's: S&P: AA Fitch: Tr Date: 4/20/20 St Date: 4/22/20 325,000.000 CA LOS ANGELES MUNI IMPT CORP LEASE TXT 544587Y28 325,000.00 326,110.69 1,110.69 100.342 0.59% Mat: 11/1/22 Cpn: 0.52% 0.00 697.40 Moody's: S&P: AA- Fitch: Tr Date: 8/14/20 St Date: 8/20/20 280,000.000 CA SACRAMENTO CNTY SANTN DIST REV TXB 786134WD4 280,000.00 281,112.72 1,112.72 100.397 0.50% Mat: 12/1/22 Cpn: 0.63% 0.00 587.07 Moody's: Aa2 S&P: AA Fitch: AA - Tr Date: 6/18/20 St Date: 7/14/20 170,000.000 CA RIVERSIDE CNTY PENSN OBLG TXB 76913CAX7 170,000.00 174,533.16 4,533.16 102.667 0.31% Mat: 2/15/23 Cpn:2.36% 0.00 513.30 Moody's: A2 S&P: AA Fitch: Tr Date: 4/23/20 St Date: 5/6/20 680,000.000 CA BAY AREA TOLL AUTH TOLL BRDG REV TXB 072024WN8 680,000.00 698,686.56 18,686.56 102.748 1.26% Mat: 4/1/23 Cpn: 2.18% 0.00 7,425.60 Moody's: Aa3 S&P: AA Fitch: AA Tr Date: 9/20/19 St Date: 9/26/19 300,000.000 CT STATE OF CONNECTICUT TXB 20772KGM5 301,695.00 311,388.02 9,693.02 103.796 0.57% Mat: 4/15/23 Cpn: 2.92% 478.72 4,040.72 Moody's: Aa3 S&P: A+ Fitch: AA - Tr Date: 3/29/19 St Date: 4/11/19 �r payden.com 523 Los Angeles 1 Boston 1 London 1 Milan Page 7 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 130,000.000 CA ALAMEDA CNTY JT PWR AUTH LEASE TXB 010831DQ5 Mat: 6/1/23 Cpn: 3.10% Moody's: Aa1 S&P: AA+ Fitch: AA+ Tr Date: 2/13/20 St Date: 2/18/20 370,000.000 CA SOUTHERN CA PUBLIC POWER TXB 842475P58 Mat: 7/1/23 Cpn: 0.53% Moody's: S&P: AA- Fitch: AA - Tr Date: 9/11/20 St Date: 9/24/20 150,000.000 CA SAN BERNARDINO CCD TXB 796720NP1 Mat: 8/1/23 Cpn: 0.73% Moody's: Aa1 S&P: AA Fitch: Tr Date: 6/17/20 St Date: 7/7/20 150,000.000 CA STATE UNIVERSITY TXB 13077DMJ8 Mat: 11/1/23 Cpn: 0.48% Moody's: Aa2 S&P: AA- Fitch: Tr Date: 8/27/20 St Date: 9/17/20 480,000.000 CA LOS ALTOS SCH DIST GO BANS TXB 544290JH3 Mat: 10/1/24 Cpn: 1.00% Moody's: S&P: AA+ Fitch: Tr Date: 5/28/21 St Date: 6/10/21 230,000.000 CA LOS ANGELES MUNI IMPT CORP LEASE TXB 544587256 Mat: 11/1/24 Cpn: 0.68% Moody's: S&P: AA- Fitch: Tr Date: 2/25/21 St Date: 3/4/21 400,000.000 NY STATE DORM AUTH PERS INC TAX TXB 64990FD43 Mat: 3/15/25 Cpn: 0.89% Moody's: S&P: AA+ Fitch: AA+ Tr Date: 6/16/21 St Date: 6/23/21 135,726.50 135,869.98 860.58 1,341.17 370,000.00 370,780.70 0.00 487.48 150,000.00 151,054.07 0.00 182.25 150,000.00 150,024.25 0.00 296.88 487,070.40 485,766.76 0.00 1,480.00 143.48 104.515 0.25% 780.70 100.211 0.67% 1,054.07 100.703 0.27% 24.25 100.016 0.27% (1,303.64) 101.201 0.87% 230,000.00 230,005.84 5.84 100.003 0.41% 0.00 903.27 400,000.00 400,765.99 0.00 965.84 765.99 100.192 0.72% Total for Taxable Muni 9,062,108.65 13,890.31 9,101,896.68 44,166.20 39,788.03 16.38% Credit 500,000.000 CHEVRON FRN US0003M Mat: 3/3/22 Cpn: 0.65% Moody's: Aa2 S&P: AA- Fitch: Tr Date: 11/13/17 St Date: 11/15/17 250,000.000 DUKE ENERGY Mat: 5/15/22 Moody's: Aa3 Tr Date: 7/26/19 Cpn: 2.80% S&P: A Fitch: WD St Date: 7/30/19 166764AU4 144141DC9 505,334.00 1,822.12 253,792.50 1,458.33 501,095.04 252.34 252,455.00 2,644.44 (4,238.96) (1,337.50) 100.219 100.982 0.90% 0.46% �r payden.com Los Angeles 1 Boston 1 London 1 Milan 524 Page 8 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Units Security Identifier Original Principal Cost Principal Market Value Purchased Accrued Accrued Income Gain / (Loss) from Cost Portfolio 2812 as of September 30, 2021 Market Percent of Portfolio Price 180,000.000 300,000.000 100,000.000 525,000.000 120,000.000 300,000.000 550,000.000 520,000.000 300,000.000 485,000.000 DTE ELECTRIC Mat: 6/15/22 Moody's: Aa3 Tr Date: 10/23/19 EXXON MOBIL Mat: 8/16/22 Moody's: Aa2 Tr Date: 8/13/19 BNY MELLON Mat: 8/23/22 Moody's: Al Tr Date: 8/20/19 APPLE Mat: 9/11/22 Moody's: Aa1 Tr Date: 9/4/19 PECO ENERGY Mat: 9/15/22 Moody's: Aa3 Tr Date: 10/25/19 AMAZON.COM Mat: 11/29/22 Moody's: Al Tr Date: 10/15/20 US BANK CINCINNA 1/9/23 Moody's: Al Tr Date: 12/5/19 BANK OF AMERICA Mat: 1/25/23 Moody's: Aa2 Tr Date: 1/22/19 BNY MELLON Mat: 1/27/23 Moody's: Al Tr Date: 1/21/20 JPMORGAN CHASE Mat: 4/1/23 Moody's: A2 Tr Date: 3/15/19 Cpn: 2.65% S&P: A Fitch: A+ St Date: 10/25/19 Cpn: 1.90% S&P: AA- Fitch: St Date: 8/16/19 Cpn: 1.95% S&P: A Fitch: AA - St Date: 8/23/19 Cpn: 1.70% S&P: AA+ Fitch: St Date: 9/11/19 Cpn: 2.38% S&P: A St Date: 10/29/19 Fitch: A+ Cpn: 2.50% S&P: AA Fitch: AA - St Date: 10/19/20 ATI Cpn: 1.95% S&P: AA - St Date: 12/9/19 Cpn: 3.34% S&P: A+ St Date: 1/25/19 Cpn: 1.85% S&P: A St Date: 1/28/20 Cpn: 3.21% S&P: A - St Date: 3/22/19 Fitch: AA - Fitch: AA Fitch: AA - Fitch: AA - 250847E35 30231GBB7 06406RAK3 037833DL1 693304AP2 023135AJ5 90331HPF4 06050TMJ8 06406RAM9 46647PBB1 182,687.40 181,962.00 1,722.50 1,404.50 300,000.00 304,521.00 0.00 713.25 99,968.00 101,574.00 0.00 205.83 524,910.75 532,691.25 0.00 495.83 121, 226.40 121,903.32 348.33 126.67 312,498.00 306,072.00 2,916.67 2,541.67 549,538.00 560,994.50 0.00 2,442.92 520,000.00 525,174.00 0.00 3,179.37 299,790.00 305,943.00 0.00 986.67 485,000.00 491,819.10 0.00 7,776.98 (725.40) 101.090 4,521.00 101.507 1,606.00 101.574 7,780.50 101.465 676.92 101.586 (6,426.00) 102.024 11,456.50 101.999 5,174.00 100.995 6,153.00 101.981 6,819.10 101.406 0.33% 0.55% 0.18% 0.96% 0.22% 0.55% 1.01% 0.95% 0.55% 0.89% �r payden.com 525 Los Angeles 1 Boston 1 London 1 Milan Page 9 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 195,000.000 APPLE Mat: 5/11/23 Cpn: 0.75% Moody's: Aa1 S&P: AA+ Fitch: Tr Date: 5/4/20 St Date: 5/11/20 270,000.000 AMAZON.COM Mat: 6/3/23 Cpn: 0.40% Moody's: Al S&P: AA Fitch: AA - Tr Date: 6/1/20 St Date: 6/3/20 115,000.000 CHEVRON Mat: 8/11/23 Cpn: 0.43% Moody's: Aa2 S&P: AA- Fitch: Tr Date: 8/10/20 St Date: 8/12/20 550,000.000 UNITEDHEALTH GROUP Mat: 2/15/24 Cpn: 3.50% Moody's: A3 S&P: A+ Fitch: A Tr Date: 4/23/21 St Date: 4/27/21 565,000.000 JPMORGAN CHASE Mat: 3/16/24 Cpn: 0.70% Moody's: A2 S&P: A- Fitch: AA - Tr Date: 3/9/21 St Date: 3/16/21 235,000.000 MORGAN STANLEY Mat: 4/5/24 Cpn: 0.73% Moody's: Al S&P: BBB+ Fitch: A Tr Date: 4/19/21 St Date: 4/22/21 255,000.000 AMAZON.COM Mat: 5/12/24 Cpn: 0.45% Moody's: Al S&P: AA Fitch: AA - Tr Date: 5/10/21 St Date: 5/12/21 50,000.000 HORMEL FOODS Mat: 6/3/24 Cpn: 0.65% Moody's: Al S&P: A Fitch: Tr Date: 5/25/21 St Date: 6/3/21 200,000.000 PPL ELECTRIC UTILITIES FRN SOFRRATE Mat: 6/24/24 Cpn: 0.38% Moody's: Al S&P: A Fitch: Tr Date: 6/21/21 St Date: 6/24/21 135,000.000 SALESFORCE.COM Mat: 7/15/24 Cpn: 0.63% Moody's: A2 S&P: A+ Fitch: Tr Date: 6/29/21 St Date: 7/12/21 037833DV9 023135BP0 166756AJ5 91324PDM1 46647PBZ8 61772BAA1 023135BW5 440452AG5 69351UAY9 79466LAG9 194,469.60 196,491.75 0.00 568.75 2,022.15 100.765 0.35% 269,622.00 270,707.40 1,085.40 100.262 0.49% 0.00 354.00 115,000.00 115,277.15 0.00 68.04 277.15 100.241 0.21% 595,226.50 587,862.00 (7,364.50) 106.884 1.06% 3,850.00 2,459.72 565,000.00 566,734.55 1,734.55 100.307 1.02% 0.00 164.09 235,000.00 235,784.90 784.90 100.334 0.42% 0.00 758.72 254,627.70 254,546.10 (81.60) 99.822 0.46% 0.00 443.06 49,991.00 50,039.00 48.00 100.078 0.09% 0.00 106.53 200,000.00 200,206.35 0.00 14.78 134,931.15 135,280.80 0.00 185.16 206.35 349.65 100.103 0.36% 100.208 0.24% �r payden.com 526 Los Angeles 1 Boston 1 London 1 Milan Page 10 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Units Security Identifier Original Principal Cost Principal Market Value Purchased Accrued Accrued Income Gain / (Loss) from Cost Portfolio 2812 as of September 30, 2021 Market Percent of Portfolio Price 560,000.000 125,000.000 20,000.000 235,000.000 265,000.000 TRUIST BANK Mat: 8/2/24 Moody's: A2 Tr Date: 6/10/21 PACCAR FINANCIAL Mat: 8/9/24 Moody's: Al Tr Date: 8/3/21 NIKE Mat: 3/27/25 Moody's: Al Tr Date: 3/25/20 BANK OF AMERICA Mat: 4/22/25 Moody's: A2 Tr Date: 4/16/21 MORGAN STANLEY Mat: 5/30/25 Moody's: Al Tr Date: 5/26/21 Cpn: 3.69% S&P: A St Date: 6/14/21 Fitch: A+ Cpn: 0.50% S&P: A+ Fitch: St Date: 8/9/21 Cpn: 2.40% S&P: AA- Fitch: St Date: 3/27/20 Cpn: 0.98% S&P: A - St Date: 4/22/21 Cpn: 0.79% S&P: BBB+ St Date: 6/1/21 Fitch: AA - Fitch: A 86787EAY3 69371RR40 654106AH6 06051GJR1 61747YEA9 598,847.20 7,574.75 124,932.50 0.00 19,972.80 0.00 235,000.00 0.00 265,000.00 0.00 593,633.60 3,385.68 124,572.50 90.28 21,006.40 5.33 236,261.95 1,013.01 264,220.90 697.83 (5,213.60) 106.006 (360.00) 99.658 1,033.60 105.032 1,261.95 100.537 (779.10) 99.706 1.07% 0.22% 0.04% 0.43% 0.47% Total for Credit 8,012,365.50 19,692.70 8,038,829.56 33,085.44 26,464.06 14.46% Mortgage -Backed 183,907.382 128,051.472 480,000.000 510,000.000 FHMS K020 A2 CMBS Mat: 5/25/22 Moody's: Aaa Tr Date: 7/25/19 Cpn: 2.37% S&P: AA+u St Date: 7/30/19 FHMS KS01 A2 CMBS Mat: 1/25/23 Moody's: Aaa Tr Date: 6/12/19 Cpn: 2.52% S&P: AA+u St Date: 6/17/19 FHMS K029 A2 CMBS Mat: 2/25/23 Moody's: Aaa Tr Date: 8/14/19 Cpn: 3.32% S&P: AA+u St Date: 8/19/19 FHMS K032 A2 CMBS Mat: 5/25/23 Moody's: Aaa Tr Date: 3/2/21 Cpn: 3.31% S&P: AA+u St Date: 3/5/21 Fitch: AAA Fitch: AAA Fitch: AAA Fitch: AAA 3137ATRW4 3137B1U75 3137B3632 3137B4GY6 184,920.31 351.55 128,691.73 143.53 501,512.10 786.66 542,114.06 187.57 185,655.79 363.68 130,037.55 269.12 497,436.48 1,328.00 532,087.08 1,406.75 735.48 100.951 1,345.82 101.551 (4,075.62) 103.633 (10,026.98) 104.331 0.33% 0.23% 0.89% 0.96% �r payden.com Los Angeles 1 Boston 1 London 1 Milan 527 Page 11 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 490,000.000 FHMS K033 A2 Mat: 7/25/23 Cpn: 3.06% Moody's: Aaa S&P: AA+u Tr Date: 2/27/20 St Date: 3/3/20 390,491.890 FNA 2014-M8 A2 CMBS Mat: 6/25/24 Cpn: 3.06% Moody's: Aaa S&P: AA+u Tr Date: 5/29/20 St Date: 6/3/20 260,471.853 FHMS Q015 A 1MOFRN CMBS Mat: 8/25/24 Moody's: Aaa Tr Date: 4/27/21 Cpn: 0.25% S&P: AA+u St Date: 5/7/21 Fitch: AAA Fitch: AAA Fitch: AAA 3137B4WB8 3136AKQM8 3137FYUR5 514,270.31 83.30 420,221.14 66.30 260,471.85 0.00 510,663.79 1,249.50 410,595.19 994.45 260,539.31 10.85 (3,606.52) (9,625.95) 104.217 0.92% 105.148 0.74% 67.46 100.026 0.47% Total for Mortgage -Backed 2,552,201.50 1,618.91 2,527,015.20 5,622.35 (25,186.30) 4.54% Asset -Backed 104,770.286 MERCEDES 2020-A A3 CAR LEASE Mat: 12/15/22 Cpn: 1.84% Moody's: Aaa S&P: AAA Fitch: Tr Date: 1/21/20 St Date: 1/29/20 89,937.232 JOHN DEERE 2019-A A3 EQP Mat: 7/17/23 Cpn: 2.91% Moody's: Aaa S&P: Fitch: AAA Tr Date: 3/5/19 St Date: 3/13/19 178,236.873 HONDA 2019-3 A3 CAR 43815NAC8 Mat: 8/15/23 Cpn: 1.78% Moody's: Aaa S&P: AAA Fitch: Tr Date: 8/20/19 St Date: 8/27/19 162,391.391 TOYOTA 2019-C A3 CAR 89238UAD2 162,390.06 163,613.71 Mat: 9/15/23 Cpn: 1.91% Moody's: Aaa S&P: AAA Fitch: Tr Date: 8/6/19 St Date: 8/14/19 58770FAC6 47789JAD8 104,756.48 105,306.50 0.00 85.68 89,926.18 90,729.40 0.00 116.32 178,235.40 179,574.36 0.00 141.01 0.00 137.85 187,524.668 BMW 2019-A A3 CAR 05588CAC6 187,499.47 189,057.31 Mat: 1/25/24 Moody's: Tr Date: 9/10/19 Cpn: 1.92% S&P: AAA St Date: 9/18/19 Fitch: AAA 0.00 60.01 56,127.375 DRIVE 2020-2 A3 CAR 26208VAD8 56,125.23 56,180.75 Mat: 5/15/24 Cpn: 0.83% 0.00 20.70 Moody's: Aaa S&P: AAA Fitch: Tr Date: 6/10/20 St Date: 6/17/20 550.02 100.512 803.22 100.881 1,338.97 0.19% 0.16% 100.750 0.32% 1,223.65 100.753 0.29% 1,557.84 100.817 0.34% 55.52 100.095 0.10% �r payden.com Los Angeles 1 Boston 1 London 1 Milan 528 Page 12 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio Positions Currency: USD Portfolio 2812 as of September 30, 2021 Units Security Identifier Original Principal Cost Principal Market Value Gain / (Loss) Market Percent of Portfolio Purchased Accrued Accrued Income from Cost Price 299,635.688 SDART 2020-3 A3 CAR Mat: 7/15/24 Cpn: 0.52% Moody's: Aaa S&P: Tr Date: 9/15/20 St Date: 9/23/20 430,000.000 JOHN DEERE 2020-A A3 EQP Mat: 8/15/24 Cpn: 1.10% Moody's: Aaa S&P: Tr Date: 3/4/20 St Date: 3/11/20 290,000.000 CAPITAL ONE 2020-1 A3 CAR Mat: 11/15/24 Cpn: 1.60% Moody's: S&P: AAA Tr Date: 2/11/20 St Date: 2/19/20 250,000.000 DRIVE 2021-1 B CAR Mat: 7/15/25 Cpn: 0.65% Moody's: Aaa S&P: AA Fitch: Tr Date: 4/13/21 St Date: 4/21/21 Fitch: AAA Fitch: AAA Fitch: AAA 80285WAD9 47789KAC7 14043MAC5 262108AD5 299,607.04 0.00 429,973.73 0.00 289,938.35 0.00 249,976.95 0.00 299,777.72 69.25 433,031.50 210.22 292,899.13 206.22 250,778.75 72.22 170.67 100.047 0.54% 3,057.77 100.705 0.78% 2,960.78 101.000 0.53% 801.80 100.312 0.45% Total for Asset -Backed 2,048,428.88 0.00 2,060,949.13 1,119.48 12,520.25 3.69% Grand Total 55,737,420.83 38,731.79 55,730,704.13 95,511.32 (6,716.70) 100.00% �r payden.com Los Angeles 1 Boston 1 London 1 Milan 529 Page 13 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Transaction Detail Currency: USD Trade Settle Transaction f]ata rata Tuna 1 lnits flas rintinn Maturity Coupon rata Rata Irlantifiar Portfolio 2812 September 1, 2021 through September 30, 2021 Prnr•.aarls / (Cnct) Interest / Marnin Variation Total Amnunt Cash 9/1/21 9/1/21 Income 9/1/21 9/1/21 Income 9/1/21 9/1/21 Withdrawal (2.830) ADJ NET INT 1.500 STIF INT (580.510) TRUST FEES USD USD USD (580.51) (2.83) 1.50 Total for Cash (581.840) (580.51) (1.33) (2.83) 1.50 (580.51) (581.84) Fixed Income 9/1/21 9/1/21 Coupon CA GLENDALE USD GO/ULT TXB 9/1/21 9/1/21 Coupon CA MOUNTAIN VIEW-WHISMAN SD TXB 9/1/21 9/1/21 Coupon CA SAN DIEGO REDEV AGY TAB TXB 9/1/21 9/1/21 Mature Long 240,000.000 CA SANTA ANA CMNTY REDEV AGY TXB 9/1/21 9/1/21 Coupon CA SANTA ANA CMNTY REDEV AGY TXB 9/1/21 9/1/21 Coupon CA STATE GO/ULT-TXBL BABS 8/31/21 9/1/21 Sell Long 1,950,000.000 U.S. TREASURY NOTE 8/31/21 9/1/21 Sell Long 510,000.000 U.S. TREASURY NOTE 8/31/21 9/1/21 Sell Long 25,000.000 U.S. TREASURY NOTE 8/31/21 9/1/21 Buy 2,795,000.000 U.S. TREASURY NOTE 9/3/21 9/3/21 Coupon CHEVRON FRN US0003M 9/9/21 9/9/21 Coupon WELLS FARGO 9/9/21 9/9/21 Call 550,000.000 WELLS FARGO 9/11/21 9/11/21 Coupon APPLE 9/15/21 9/15/21 Coupon CAPITAL ONE 2020-1 A3 CAR 9/15/21 9/15/21 Coupon DRIVE 2020-2 A3 CAR 9/15/21 9/15/21 Pay Princpl 17,801.724 DRIVE 2020-2 A3 CAR 9/15/21 9/15/21 Coupon DRIVE 2021-1 B CAR 9/15/21 9/15/21 Coupon HONDA 2019-3 A3 CAR 9/15/21 9/15/21 Pay Princpl 17,553.958 HONDA 2019-3 A3 CAR 9/15/21 9/15/21 Coupon JOHN DEERE 2019-A A3 EQP 9/15/21 9/15/21 Pay Princpl 10,224.433 JOHN DEERE 2019-A A3 EQP 9/15/21 9/15/21 Coupon JOHN DEERE 2020-A A3 EQP 9/15/21 9/15/21 Coupon MERCEDES 2020-A A3 CAR LEASE 9/15/21 9/15/21 Pay Princpl 13,613.069 MERCEDES 2020-A A3 CAR LEASE 9/15/21 9/15/21 Coupon PECO ENERGY 9/15/21 9/15/21 Mature Long 250,000.000 PFIZER 9/15/21 9/15/21 Coupon PFIZER 9/15/21 9/15/21 Coupon SDART 2020-3 A3 CAR 9/15/21 9/15/21 Pay Princpl 30,364.312 SDART 2020-3 A3 CAR 9/1/22 1.04 378460YB9 9/1/22 1.04 62451FKF6 9/1/22 3.25 79730WAY6 9/1/21 3.35 801096AP3 9/1/21 3.35 801096AP3 3/1/22 6.65 13063BFS6 12/31/22 0.13 91282CBD2 12/31/22 0.13 91282CBD2 12/31/22 0.13 91282CBD2 7/15/24 0.38 91282CCL3 3/3/22 0.65 166764AU4 9/9/22 2.08 9498836A0 9/9/22 2.08 9498836A0 9/11/22 1.70 037833DL1 11/15/24 1.60 14043MAC5 5/15/24 0.83 26208VAD8 5/15/24 0.83 26208VAD8 7/15/25 0.65 262108AD5 8/15/23 1.78 43815NAC8 8/15/23 1.78 43815NAC8 7/17/23 2.91 47789JAD8 7/17/23 2.91 47789JAD8 8/15/24 1.10 47789KAC7 12/15/22 1.84 58770FAC6 12/15/22 1.84 58770FAC6 9/15/22 2.38 693304AP2 9/15/21 3.00 717081EM1 9/15/21 3.00 717081EM1 7/15/24 0.52 80285WAD9 7/15/24 0.52 80285WAD9 240,000.00 1,950,000.00 510,000.00 25,000.00 (2,794,126.56) 550,000.00 17,801.72 17,553.96 10,224.43 13,613.07 250,000.00 30,364.31 1,717.65 1,303.75 4,062.50 4,015.20 6,982.50 417.29 109.14 5.35 (1,367.12) 841.42 5,725.50 4,462.50 386.67 51.13 135.42 290.42 242.89 394.17 181.52 1,425.00 3,750.00 143.00 1,717.65 1,303.75 4,062.50 240,000.00 4,015.20 6,982.50 1,950,417.29 510,109.14 25,005.35 (2,795,493.68) 841.42 5,725.50 550,000.00 4,462.50 386.67 51.13 17,801.72 135.42 290.42 17,553.96 242.89 10,224.43 394.17 181.52 13,613.07 1,425.00 250,000.00 3,750.00 143.00 30,364.31 payden.com Los Angeles 1 Boston 1 London 1 Milan 530 Page 14 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio 2812 Transaction Detail Currency: USD Trade Settle Transaction Data Data Tvna Units f sr'.rintinn Maturity Coupon natA Rata Irlantifiar September 1, 2021 through September 30, 2021 Interest/ Total Prnraarlc / (( r,st) Marnin Variation Amniint 9/15/21 9/15/21 Coupon TOYOTA 2019-C A3 CAR 9/15/23 1.91 89238UAD2 9/15/21 9/15/21 Pay Princpl 16,537.913 TOYOTA 2019-C A3 CAR 9/15/23 1.91 89238UAD2 9/15/21 9/15/21 Coupon U.S. TREASURY NOTE 3/15/24 0.25 91282CBR1 9/15/21 9/15/21 Coupon U.S. TREASURY NOTE 3/15/24 0.25 91282CBR1 9/16/21 9/16/21 Coupon JPMORGAN CHASE 3/16/24 0.70 46647PBZ8 9/21/21 9/21/21 Call 530,000.000 WELLS FARGO 10/22/21 3.63 9498835T0 9/24/21 9/24/21 Coupon PPL ELECTRIC UTILITIES FRN SOFRRATE 6/24/24 0.38 69351UAY9 9/23/21 9/24/21 Buy 560,000.000 U.S. TREASURY NOTE 8/31/23 0.13 91282CCU3 9/23/21 9/24/21 Buy 560,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 9/25/21 9/25/21 Coupon BMW 2019-A A3 CAR 1/25/24 1.92 05588CAC6 9/25/21 9/25/21 Pay Princpl 19,123.232 BMW 2019-A A3 CAR 1/25/24 1.92 05588CAC6 9/1/21 9/25/21 Coupon FHMS K020 A2 CMBS 5/25/22 2.37 3137ATRW4 9/1/21 9/25/21 Pay Princpl 4,384.967 FHMS K020 A2 CMBS 5/25/22 2.37 3137ATRW4 9/1/21 9/25/21 Coupon FHMS K029 A2 CMBS 2/25/23 3.32 313763632 9/1/21 9/25/21 Coupon FHMS K029 A2 CMBS 2/25/23 3.32 3137B3632 9/1/21 9/25/21 Coupon FHMS K029 A2 CMBS 2/25/23 3.32 313763632 9/1/21 9/25/21 Coupon FHMS K032 A2 CMBS 5/25/23 3.31 3137B4GY6 9/1/21 9/25/21 Coupon FHMS K033 A2 7/25/23 3.06 3137B4W68 9/1/21 9/25/21 Coupon FHMS KS01 A2 CMBS 1/25/23 2.52 3137B1U75 9/1/21 9/25/21 Pay Princpl 414.197 FHMS KS01 A2 CMBS 1/25/23 2.52 313761U75 9/25/21 9/25/21 Pay Princpl 10,561.122 FHMS Q015 A 1MOFRN CMBS 8/25/24 0.25 3137FYUR5 9/25/21 9/25/21 Coupon FHMS Q015 A 1MOFRN CMBS 8/25/24 0.25 3137FYUR5 9/1/21 9/25/21 Coupon FNA 2014-M8 A2 CMBS 6/25/24 3.06 3136AKQM8 9/1/21 9/25/21 Pay Princpl 11,954.700 FNA 2014-M8 A2 CMBS 6/25/24 3.06 3136AKQM8 9/1/21 9/25/21 Coupon FNA 2018-M5 A2 CMBS 9/25/21 3.56 313661XP4 9/1/21 9/25/21 Pay Princpl 6.379 FNA 2018-M5 A2 CMBS 9/25/21 3.56 3136B1XP4 9/27/21 9/27/21 Coupon NIKE 3/27/25 2.40 654106AH6 9/28/21 9/29/21 Sell Long 560,000.000 U.S. TREASURY NOTE 12/31/22 0.13 91282CBD2 9/28/21 9/29/21 Buy 1,115,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 9/30/21 9/30/21 Coupon U.S. TREASURY NOTE 3/31/23 0.13 91282CBU4 9/30/21 9/30/21 Coupon U.S. TREASURY NOTE 3/31/23 0.13 91282CBU4 9/30/21 9/30/21 Coupon U.S. TREASURY NOTE 3/31/23 0.13 91282CBU4 9/29/21 9/30/21 Sell Long 270,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 9/29/21 9/30/21 Sell Long 230,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 9/29/21 9/30/21 Sell Long 60,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 9/29/21 9/30/21 Sell Long 130,000.000 U.S. TREASURY NOTE 9/15/24 0.38 91282CCX7 284.80 16,537.91 525.00 700.00 1,969.03 530,000.00 7,951.84 194.22 (558,578.13) (46.41) (557,550.00) (52.21) 330.64 19,123.23 372.35 4,384.97 414.20 10,561.12 11,954.70 6.38 559,890.63 (1,109,250.78) 268,776.56 228,975.78 59,732.81 129,421.10 401.17 622.50 304.33 1,406.75 1,249.50 269.99 58.35 1,024.90 0.02 240.00 173.10 (161.71) 325.00 350.00 1,918.75 41.95 35.74 9.32 20.20 284.80 16,537.91 525.00 700.00 1,969.03 537,951.84 194.22 (558,624.54) (557,602.21) 330.64 19,123.23 372.35 4,384.97 401.17 622.50 304.33 1,406.75 1,249.50 269.99 414.20 10,561.12 58.35 1,024.90 11,954.70 0.02 6.38 240.00 560,063.73 (1,109,412.49) 325.00 350.00 1,918.75 268,818.51 229,011.52 59,742.13 129,441.30 payden.com 531 Los Angeles 1 Boston 1 London 1 Milan Page 15 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio 2812 Transaction Detail Currency: USD Trade Settle Transaction Bata rata Tvna Maturity Coupon Ilnits f)asrrintinn rata Rata Irlantifiar Total for Fixed Income 10,487,540.006 September 1, 2021 through September 30, 2021 Interest / Total Prncaarls / (Cnst1 Marvin Variatinn Amni int 434,831.41 55,795.02 490,626.43 payden.com Los Angeles 1 Boston 1 London I Milan Page 16 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Trade Date / Settle Date Cash Reconciliation Currency: USD Trade Settle Transaction flats flats Tuna Units flaccrintinn Irlantifiar Maturity Coupon flats Rata Prncaarlc / (Cnctl Portfolio 2812 as of September 30, 2021 Interest Amnnnt Total Amnnnt 9/29/21 10/19/21 Buy 9/30/21 10/14/21 Buy 9/30/21 10/7/21 Buy 230,000.00 CA RIVERSIDE CNTY IFA LEASE REV TXB 190,000.00 CA CITY OF CORONA POBS TXB 76913DFV4 21969AAC6 270,000.00 CA GOLDEN STATE TOBACCO SEC CORP 38122NA77 TXB 11/1/24 5/1/24 6/1/25 0.87 0.71 1.40 (230,000.00) (190,000.00) (270,000.00) 0.00 0.00 0.00 (230,000.00) (190,000.00) (270,000.00) Total for Buy 690,000.00 (690,000.00) 0.00 (690,000.00) Unrealized G/L Currency Forwards Settlement Date each Ralanna 0.00 827,044.13 payden.com 533 Los Angeles 1 Boston 1 London I Milan Page 17 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Portfolio 2812 Interest Income and Amortization - Securities Held Currency: USD Trade Settle Face Description Plata Bata Amniint Iriantifiar Coupon Rate End of Period Interest Earnings Fffartiva Mat' ritv Arrniarl Intamst Currant Mnnth as of September 30, 2021 Amortized Amortization Cnst Currant Mnnth Treasuries 1/26/21 2/1/21 325,000.00 U.S. TREASURY NOTE 0.13 91282CBG5 1/30/23 1/29/21 2/1/21 2,156,800.00 U.S. TREASURY NOTE 0.13 91282CBG5 1/30/23 1/29/21 2/1/21 2,156,800.00 U.S. TREASURY NOTE 0.13 91282CBG5 1/30/23 1/29/21 2/1/21 1,080,600.00 U.S. TREASURY NOTE 0.13 91282CBG5 1/30/23 1/29/21 2/1/21 185,800.00 U.S. TREASURY NOTE 0.13 91282CBG5 1/30/23 68.44 33.12 454.22 219.78 325,000.00 0.00 2,157,193.98 (24.27) 454.22 219.78 227.57 110.12 2,157,165.84 (22.54) 1,080,797.39 (12.16) 39.13 18.93 185,833.94 (2.09) 2/2/21 2/3/21 540,000.00 U.S. TREASURY NOTE 0.13 113.72 91282CBG5 1/30/23 55.03 540,070.65 (4.35) 2/11/21 2/16/21 315,000.00 U.S. TREASURY NOTE 0.13 66.34 32.10 315,067.14 (4.14) 91282CBG5 1/30/23 2/12/21 2/16/21 590,000.00 U.S. TREASURY NOTE 0.13 124.25 60.12 590,125.76 (7.75) 91282CBG5 1/30/23 2/24/21 2/25/21 420,000.00 U.S. TREASURY NOTE 0.13 88.45 42.80 420,022.66 (1.40) 91282CBG5 1/30/23 2/26/21 3/1/21 280,000.00 U.S. TREASURY NOTE 0.13 58.97 28.53 279,992.40 0.47 91282CBG5 1/30/23 3/30/21 3/31/21 520,000.00 U.S. TREASURY NOTE 0.13 1.79 53.29 519,817.69 10.02 91282CBU4 3/31/23 3/30/21 3/31/21 560,000.00 U.S. TREASURY NOTE 0.13 91282CBU4 3/31/23 1.92 57.39 559,820.03 9.89 4/20/21 4/21/21 3,070,000.00 U.S. TREASURY NOTE 0.13 10.54 314.61 3,068,799.43 65.97 91282CBU4 3/31/23 9/23/21 9/24/21 560,000.00 U.S. TREASURY NOTE 0.13 91282CCU3 8/31/23 59.94 13.54 558,592.23 14.10 1/12/21 1/13/21 7,310,000.00 U.S. TREASURY NOTE 0.13 2,696.31 91282CBA8 12/15/23 748.98 7,294,690.03 570.56 1/29/21 2/1/21 4,775,000.00 U.S. TREASURY NOTE 0.13 1,265.12 486.58 4,768,924.67 218.01 91282CBE0 1/15/24 3/23/21 3/24/21 420,000.00 U.S. TREASURY NOTE 0.25 46.41 86.35 419,432.02 19.02 91282CBR1 3/15/24 payden.com Los Angeles 1 Boston 1 London 1 Milan Page 18 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade Settle flat/. nata Face Description Amount Iriantifiar Coupon Rate End of Period Interest Earnings Fffartiva Maturity Arrruari Intarast Currant Month Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnct Currant Month 4/1/21 4/5/21 560,000.00 U.S. TREASURY NOTE 91282CBR1 5/28/21 6/1/21 980,000.00 U.S. TREASURY NOTE 91282CCC3 6/30/21 7/1/21 280,000.00 U.S. TREASURY NOTE 91282CCG4 7/30/21 8/2/21 1,550,000.00 U.S. TREASURY NOTE 91282CCL3 0.25 3/15/24 0.25 5/15/24 0.25 6/15/24 0.38 7/15/24 61.88 925.41 206.56 1,232.00 115.14 199.73 57.38 558,778.42 978,845.60 278,499.14 40.90 36.19 45.57 473.85 1,551,315.07 (38.75) 8/31/21 9/1/21 2,795,000.00 U.S. TREASURY NOTE 9/28/21 9/29/21 91282CCL3 985,000.00 U.S. TREASURY NOTE 91282CCX7 0.38 7/15/24 0.38 9/14/24 2,221.57 163.26 854.45 2,794,151.56 25.00 20.41 979,930.48 9.39 Total for Treasuries Agencies 2/12/21 2/16/21 12/3/20 12/4/20 Total for Agencies 560,000.00 FHLB C 05/12/21 Q 3130AKXQ4 300,000.00 FHLMC C 11/25/22 Q 3134GXDZ4 0.60 2/10/26 0.45 11/24/24 10,588.01 457.33 472.50 929.83 Taxable Muni 2/13/20 2/18/20 130,000.00 CA ALAMEDA CNTY JT PWR AUTH LEASE TXB 010831DQ5 3.10 6/1/23 1,341.17 4,301.99 280.00 112.50 392.50 335.29 32,382,866.13 559,656.84 300,000.00 859,656.84 132,903.85 947.64 6.45 0.00 6.45 (143.28) 9/20/19 9/26/19 680,000.00 CA BAY AREA TOLL AUTH TOLL BRDG REV TXB 072024WN8 2.18 4/1/23 7,425.60 1,237.60 680,000.00 0.00 9/23/20 10/15/20 8/29/19 9/12/19 10/17/19 10/21/19 5/13/20 6/2/20 330,000.00 CA BEVERLY HILLS PFA LEASE REV TXB 088006J W 2 300,000.00 CA CONTRA COSTA CCD GO/ULT TXB 212204JC6 300,000.00 CA DEPT WTR RESOURCES-PWR SUP TXB ETM 13066YTZ2 330,000.00 CA GLENDALE USD GO/ULT TXB 378460YB9 0.37 6/1/22 1.65 8/1/22 2.00 5/1/22 1.04 9/1/22 410.30 826.00 2,500.00 286.28 102.58 413.00 500.00 286.28 330,000.00 300,000.00 300,287.34 330,000.00 0.00 0.00 (40.66) 0.00 11/20/19 11/25/19 5/28/21 6/10/21 520,000.00 CA HEALTH FACS-NO PLACE LIKE HOME-TXB 13032UUZ9 480,000.00 CA LOS ALTOS SCH DIST GO BANS TXB 544290JH3 1.89 6/1/22 1.00 10/1/24 3,281.20 1,480.00 820.30 400.00 520,000.00 486,409.56 0.00 (175.44) �r payden.com Los Angeles 1 Boston 1 London 1 Milan 535 Page 19 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade Settle Face Description Coupon Rate End of Period Interest Earnings rata Data Amount Iriantifiar Fffantiva Maturity Annruari Intarast Currant Month Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnct Currant Month 2/25/21 3/4/21 8/14/20 8/20/20 5/1/20 5/19/20 4/23/20 5/6/20 230,000.00 325,000.00 250,000.00 170,000.00 CA LOS ANGELES MUNI IMPT CORP LEASE TXB 5445872S6 CA LOS ANGELES MUNI IMPT CORP LEASE TXT 544587Y28 CA MOUNTAIN VIEW-WHISMAN SD TXB 62451FKF6 CA RIVERSIDE CNTY PENSN OBLG TXB 76913CAX7 0.68 10/31/24 0.52 11/1/22 1.04 9/1/22 2.36 2/14/23 903.27 697.40 217.29 513.30 130.91 230,000.00 0.00 139.48 217.29 334.76 325,000.00 250,000.00 170,000.00 0.00 0.00 0.00 6/18/20 7/14/20 6/17/20 7/7/20 11/21/19 12/12/19 6/4/18 6/21/18 4/20/20 4/22/20 280,000.00 CA SACRAMENTO CNTY SANTN DIST REV TXB 0.63 786134WD4 12/1/22 150,000.00 CA SAN BERNARDINO CCD TXB 0.73 796720NP1 8/1/23 435,000.00 CA SAN BERNARDINO CCD TXB 1.88 796720ME7 8/1/22 200,000.00 CA SAN DIEGO CITY PUB FACS LEASE TXB 2.99 797299LT9 10/15/21 250,000.00 CA SAN DIEGO REDEV AGY TAB TXB 3.25 79730WAY6 9/1/22 587.07 182.25 1,365.18 2,761.13 677.08 146.77 91.13 682.59 499.00 677.08 280,000.00 150,000.00 435,000.00 200,000.00 254,153.49 0.00 0.00 0.00 0.00 (371.95) 2/19/20 2/21/20 11/15/18 11/28/18 10/23/19 11/12/19 9/11/20 9/24/20 8/21/17 8/24/17 400,000.00 CA SAN FRANCISCO REDEV AGY-TXBL 79770GGP5 125,000.00 CA SANTA BARBARA CNTY SOLID WST COP TXB 80136PCY7 420,000.00 CA SONOMA CNTY CLG DIST TXB 835569GP3 370,000.00 CA SOUTHERN CA PUBLIC POWER TXB 842475P58 210,000.00 CA STATE GO/ULT-TXBL BABS 13063BFS6 2.38 8/1/22 3.30 12/1/21 1.97 8/1/22 0.53 7/1/23 6.65 3/1/22 1,583.33 1,375.00 1,378.30 487.48 1,163.75 791.67 343.75 689.15 162.49 1,163.75 402,258.87 125,000.00 420,000.00 370,000.00 210,000.00 (222.91) 0.00 0.00 0.00 0.00 8/27/20 9/17/20 12/13/18 12/17/18 7/16/20 7/23/20 6/13/19 6/17/19 150,000.00 CA STATE UNIVERSITY TXB 13077DMJ8 285,000.00 CA UNIV OF CALIFORNIA REV TXB 91412HDJ9 330,000.00 CA UPPER SANTA CLARA VLY JPA REV TXB 916544ER6 120,000.00 CT STATE GO/ULT TXB 20772JKP6 0.48 11/1/23 3.28 5/15/22 0.53 8/1/22 2.40 10/15/21 296.88 3,534.70 288.75 1,328.55 59.38 779.71 144.38 240.10 150,000.00 285,181.59 330,000.00 120,003.55 0.00 (24.10) 0.00 (7.61) �r payden.com 536 Los Angeles 1 Boston 1 London 1 Milan Page 20 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade Settle Face Description flat/. Data Amount Irlantifiar Coupon Rate End of Period Interest Earnings Fffar'..tiva Maturity Annruart Intarast Currant Month Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnct Currant Month 5/29/20 6/11/20 120,000.00 3/29/19 4/11/19 200,000.00 6/6/19 6/10/19 100,000.00 2/7/19 2/21/19 190,000.00 CT STATE OF CONNECTICUT GO/ULT TXB 20772KJU4 CT STATE OF CONNECTICUT TXB 20772KGM5 CT STATE OF CONNECTICUT TXB 20772KGM5 HI STATE GO/ULT TXB 419792YL4 2.50 7/1/22 2.92 4/15/23 2.92 4/15/23 2.77 1/1/22 750.00 250.00 120,734.70 2,693.81 1,346.91 1,315.75 486.83 243.42 438.58 200,000.00 100,676.79 190,000.00 (80.74) 0.00 (36.19) 0.00 6/26/20 7/9/20 210,000.00 MA STATE GO/ULT TXB 57582RF76 6/16/21 6/23/21 400,000.00 NY STATE DORM AUTH PERS INC TAX TXB 64990FD43 0.39 7/1/22 0.89 3/15/25 202.65 965.84 67.55 295.67 210,000.00 400,000.00 0.00 0.00 Total for Taxable Muni Credit 10/15/20 10/19/20 6/1/20 6/3/20 5/10/21 5/12/21 300,000.00 AMAZON.COM 023135AJ5 270,000.00 AMAZON.COM 023135BP0 255,000.00 AMAZON.COM 023135BW5 2.50 8/29/22 0.40 6/3/23 0.45 5/12/24 44,166.20 2,541.67 354.00 443.06 13,170.46 625.00 90.00 95.63 9,007,609.74 306,873.09 269,789.42 254,675.94 (1,102.90) (486.30) 10.36 10.19 5/4/20 5/11/20 195,000.00 APPLE 037833DV9 9/4/19 9/11/19 525,000.00 APPLE 037833DL1 4/16/21 4/22/21 235,000.00 BANK OF AMERICA 06051GJR1 1/22/19 1/25/19 520,000.00 BANK OF AMERICA 06050TMJ8 1/21/20 1/28/20 300,000.00 BNY MELLON 06406RAM9 0.75 5/11/23 1.70 9/11/22 0.98 4/22/24 3.34 1/25/22 1.85 12/28/22 568.75 495.83 1,013.01 3,179.37 986.67 121.88 743.75 191.13 1,445.17 462.50 194,715.67 524,971.91 235,000.00 520,000.00 299,907.37 14.53 2.44 0.00 0.00 5.75 8/20/19 8/23/19 8/10/20 8/12/20 11/13/17 11/15/17 100,000.00 BNY MELLON 06406RAK3 115,000.00 CHEVRON 166756AJ5 500,000.00 CHEVRON FRN US0003M 166764AU4 1.95 8/23/22 0.43 8/11/23 0.65 12/3/21 205.83 68.04 252.34 162.50 40.83 270.63 99,990.48 115,000.00 500,520.14 0.88 0.00 (101.99) �r payden.com Los Angeles 1 Boston 1 London 1 Milan 537 Page 21 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade Settle Face Description flat/. Data Amount Irlantifiar Coupon Rate End of Period Interest Earnings Fffar'..tiva Maturity Annruart Intarast Currant Month Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnct Currant Month 10/23/19 10/25/19 180,000.00 DTE ELECTRIC 2.65 1,404.50 397.50 180,716.45 (83.63) 250847E35 3/17/22 7/26/19 7/30/19 250,000.00 DUKE ENERGY 2.80 2,644.44 583.33 250,840.30 (111.54) 144141DC9 2/14/22 8/13/19 8/16/19 300,000.00 EXXON MOBIL 1.90 713.25 475.50 300,000.00 0.00 30231GBB7 8/16/22 5/25/21 6/3/21 50,000.00 HORMEL FOODS 0.65 106.53 27.08 49,991.99 0.25 440452AG5 6/4/22 3/15/19 3/22/19 485,000.00 JPMORGAN CHASE 3.21 7,776.98 1,296.16 485,000.00 0.00 46647PBB1 4/1/22 3/9/21 3/16/21 565,000.00 JPMORGAN CHASE 0.70 164.09 328.17 565,000.00 0.00 46647PBZ8 3/16/23 4/19/21 4/22/21 235,000.00 MORGAN STANLEY 0.73 758.72 143.15 235,000.00 0.00 61772BAA1 4/5/23 5/26/21 6/1/21 265,000.00 MORGAN STANLEY 0.79 697.83 174.46 265,000.00 0.00 61747YEA9 5/30/24 3/25/20 3/27/20 20,000.00 NIKE 2.40 5.33 40.00 19,981.04 0.45 654106AH6 2/26/25 8/3/21 8/9/21 125,000.00 PACCAR FINANCIAL 0.50 90.28 52.08 124,935.76 1.85 69371RR40 8/9/24 10/25/19 10/29/19 120,000.00 PECO ENERGY 2.38 126.67 237.50 120,406.86 (34.97) 693304AP2 6/16/22 6/21/21 6/24/21 200,000.00 PPL ELECTRIC UTILITIES FRN SOFRRATE 0.38 14.78 63.33 200,000.00 0.00 69351UAY9 12/27/21 6/29/21 7/12/21 135,000.00 SALESFORCE.COM 0.63 185.16 70.31 134,936.22 1.88 79466LAG9 7/16/22 6/10/21 6/14/21 560,000.00 TRUIST BANK 3.69 3,385.68 1,721.53 595,149.08 (1,017.83) 86787EAY3 8/2/23 4/23/21 4/27/21 550,000.00 UNITEDHEALTH GROUP 91324PDM1 12/5/19 12/9/19 550,000.00 US BANK CINCINNATI 90331HPF4 Total for Credit 3.50 2/14/24 1.95 12/7/22 2,459.72 1,604.17 2,442.92 588,292.36 (1,325.00) 893.75 549,809.38 12.30 33,085.44 12,357.05 7,986,503.46 (3,100.40) Mortgage -Backed 7/25/19 7/30/19 183,907.38 FHMS K020 A2 CMBS 3137ATRW4 2.37 2/27/22 363.68 363.68 184,139.47 (29.50) payden.com Los Angeles 1 Boston 1 London 1 Milan 538 Page 22 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade nata Settle nata Face Description Amount Iriantifiar Coupon Rate End of Period Interest Earnings Fffartiva Maturity Arrruari Intarast Currant Month Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnct Currant Month 8/14/19 8/19/19 8/14/19 8/19/19 10/15/19 10/18/19 3/2/21 3/5/21 145,000.00 225,000.00 110,000.00 510,000.00 FHMS K029 A2 CMBS 313763632 FHMS K029 A2 CMBS 313763632 FHMS K029 A2 CMBS 313763632 FHMS K032 A2 CMBS 3137B4GY6 3.32 12/13/22 3.32 12/13/22 3.32 12/13/22 3.31 4/16/23 401.17 622.50 304.33 401.17 1,406.75 622.50 304.33 1,406.75 147,694.79 229,174.57 111,778.30 (157.90) (244.60) (104.20) 533,798.46 (1,187.94) 2/27/20 3/3/20 6/12/19 6/17/19 4/27/21 5/7/21 5/29/20 6/3/20 490,000.00 128,051.47 260,471.85 390,491.89 FHMS K033 A2 3137B4WB8 FHMS KS01 A2 CMBS 3137B1U75 FHMS Q015 A 1MOFRN CMBS 3137FYUR5 FNA 2014-M8 A2 CMBS 3136AKQM8 3.06 5/1/23 2.52 5/1/22 0.25 10/25/21 3.06 4/28/24 1,249.50 269.12 10.85 994.45 1,249.50 269.12 54.27 994.45 502,967.67 (587.66) 128,282.02 260,471.85 410,498.49 (14.68) 0.00 (601.40) Total for Mortgage -Backed 5,622.35 5,665.77 2,508,805.63 (2,927.89) Asset -Backed 9/10/19 9/18/19 187,524.67 BMW 2019-A A3 CAR 05588CAC6 1.92 5/3/22 60.01 300.04 187,515.30 0.64 2/11/20 2/19/20 6/10/20 6/17/20 4/13/21 4/21/21 8/20/19 8/27/19 3/5/19 3/13/19 290,000.00 CAPITAL ONE 2020-1 A3 CAR 14043MAC5 56,127.38 DRIVE 2020-2 A3 CAR 26208VAD8 250,000.00 DRIVE 2021-1 B CAR 262108AD5 178,236.87 HONDA 2019-3 A3 CAR 43815NAC8 89,937.23 JOHN DEERE 2019-A A3 EQP 47789JAD8 1.60 9/2/22 0.83 12/29/21 0.65 4/14/23 1.78 4/15/22 2.91 1/19/22 206.22 20.70 72.22 141.01 116.32 386.67 38.82 135.42 264.38 218.10 289,965.00 56,126.56 249,981.39 178,236.41 89,934.04 1.36 0.08 0.82 0.04 0.25 3/4/20 3/11/20 1/21/20 1/29/20 9/15/20 9/23/20 430,000.00 JOHN DEERE 2020-A A3 EQP 47789KAC7 104,770.29 MERCEDES 2020-A A3 CAR LEASE 58770FAC6 299,635.69 SDART 2020-3 A3 CAR 80285WAD9 1.10 7/30/22 1.84 1/19/22 0.52 1/31/22 210.22 85.68 69.25 394.17 160.65 129.84 429,984.85 104,765.87 299,621.25 0.59 0.46 1.14 1 payden.com Los Angeles 1 Boston 1 London 1 Milan 539 Page 23 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Securities Held Currency: USD Trade Settle Face Description Data fats Amount Irlantifiar Coupon Rate End of Period Interest Earnings Fffartiva Maturity Arcruarl Intarast Currant Mnnth Portfolio 2812 as of September 30, 2021 Amortized Amortization Cnst Currant Mnnth 8/6/19 8/14/19 162,391.39 TOYOTA 2019-C A3 CAR 1.91 137.85 258.47 162,391.37 0.05 89238UAD2 3/29/22 Total for Asset -Backed 1,119.48 2,286.56 2,048,522.05 5.43 Total for Taxable 95,511.32 38,174.33 54,793,963.85 (6,171.67) Grand Total 95,511.32 38,174.33 54,793,963.85 (6,171.67) payden.com 40 Los Angeles 1 Boston 1 London 1 Milan " Page 24 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Traded or Matured Currency: USD Trade Settle nata flat,. Face Description Amniint Iriantifiar Coupon Rate Interest Earnings Fff,.r•.tiv,. Maturity Currant Mnnth Portfolio 2812 September 1, 2021 through September 30, 2021 Amortized Amortization Cnct Currant Mnnth Taxable Treasuries 8/31/21 9/1/21 1,950,000.00 U.S. TREASURY NOTE 91282CBD2 8/31/21 9/1/21 510,000.00 U.S. TREASURY NOTE 91282CBD2 8/31/21 9/1/21 25,000.00 U.S. TREASURY NOTE 91282CBD2 9/28/21 9/29/21 560,000.00 U.S. TREASURY NOTE 91282CBD2 0.13 12/31/22 0.13 12/31/22 0.00 1,949,483.69 0.00 509,959.03 0.13 0.00 25,000.67 12/31/22 0.13 53.26 560,014.15 12/31/22 0.00 0.00 0.00 (0.87) 9/29/21 9/30/21 270,000.00 U.S. TREASURY NOTE 91282CCX7 9/29/21 9/30/21 230,000.00 U.S. TREASURY NOTE 91282CCX7 9/29/21 9/30/21 60,000.00 U.S. TREASURY NOTE 91282CCX7 9/29/21 9/30/21 130,000.00 U.S. TREASURY NOTE 91282CCX7 0.38 9/14/24 0.38 9/14/24 0.38 9/14/24 0.38 9/14/24 16.78 268,825.27 6.52 14.30 228,999.30 3.73 59,738.95 1.35 129,330.31 5.55 1.45 0.62 Total for Treasuries 89.41 3,731,351.37 13.28 Taxable Muni 9/1/21 9/1/21 240,000.00 CA SANTA ANA CMNTY REDEV AGY TXB 801096AP3 Total for Taxable Muni 3.35 9/1/21 0.00 0.00 Credit 9/9/21 9/9/21 550,000.00 WELLS FARGO 9498836A0 9/15/21 9/15/21 250,000.00 PFIZER 717081EM1 9/21/21 9/21/21 530,000.00 WELLS FARGO 94988J5T0 2.08 9/9/22 254.47 240,000.00 240,000.00 550,000.00 0.00 0.00 0.00 3.00 291.67 250,000.00 9/15/21 3.63 1,067.36 529,998.35 9/29/21 4.28 1.06 Total for Credit 1,613.49 1,329,998.35 5.34 9/1/21 9/25/21 11,954.70 FNA 2014-M8 A2 CMBS 3136AKQM8 3.06 4/28/24 0.00 12,585.60 0.00 payden.com Los Angeles 1 Boston 1 London 1 Milan 541 Page 25 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Interest Income and Amortization - Traded or Matured Currency: USD Portfolio 2812 September 1, 2021 through September 30, 2021 Trade Settle Face Description Coupon Rate Interest Earnings Amortized Amortization Data rata Amniint Iriantifiar Fffartiva Maturity Current Mnnth Cnct Ciirrant Mnnth 9/1/21 9/25/21 6.38 FNA 2018-M5 A2 CMBS 3136B1XP4 9/1/21 9/25/21 4,384.97 FHMS K020 A2 CMBS 3137ATRW4 9/1/21 9/25/21 414.20 FHMS KS01 A2 CMBS 3137B1U75 9/25/21 9/25/21 10,561.12 FHMS Q015 A 1MOFRN CMBS 3137FYUR5 3.56 9/25/21 2.37 2/27/22 2.52 5/1/22 0.25 10/25/21 0.00 6.38 0.00 0.00 4,391.20 0.00 0.00 414.99 0.00 1.76 10,561.12 0.00 Total for Mortgage -Backed 1.76 27,959.30 0.00 Asset -Backed 9/15/21 9/15/21 17,801.72 DRIVE 2020-2 A3 CAR 26208VAD8 0.83 12/29/21 5.75 17,801.45 0.01 9/15/21 9/15/21 17,553.96 HONDA 2019-3 A3 CAR 43815NAC8 9/15/21 9/15/21 10,224.43 JOHN DEERE 2019-A A3 EQP 47789JAD8 9/15/21 9/15/21 13,613.07 MERCEDES 2020-A A3 CAR LEASE 58770FAC6 9/15/21 9/15/21 30,364.31 SDART 2020-3 A3 CAR 80285WAD9 1.78 12.15 4/15/22 2.91 11.57 10,224.05 1/19/22 17,553.91 1.84 9.74 13,612.46 1/19/22 0.52 6.14 30,362.79 1/31/22 9/15/21 9/15/21 16,537.91 TOYOTA 2019-C A3 CAR 1.91 89238UAD2 3/29/22 9/25/21 9/25/21 19,123.23 BMW 2019-A A3 CAR 0.00 0.01 0.03 0.05 12.28 16,537.91 0.00 1.92 24.48 05588CAC6 5/3/22 19,122.26 0.05 Total for Asset -Backed 82.11 125,214.84 0.16 Total for Taxable 1,786.78 5,454,523.86 18.79 Grand Total 1,786.78 5,454,523.86 18.79 payden.com Los Angeles 1 Boston 1 London 1 Milan 542 Page 26 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Unrealized Gain / Loss From Amortized Cost Currency: USD Trade Date Settle Date Face Amount Descrintinn Coupon Effective Rate Maturity Principal Purchase Cnst Unrealized Gain or (Loss) From Cost Portfolio 2812 as of September 30, 2021 Principal Unrealized Amortized Gain or (Loss) Cnst Amnrtl7Pd Cnst Principal Market Value Cash Mat < 90 days 827,044.13 CASH OR STIF Total for Mat < 90 days 0.00 10/1/21 827,044.13 827,044.13 0.00 0.00 827,044.13 827,044.13 0.00 0.00 827,044.13 827,044.13 Total for Cash 827,044.13 0.00 827,044.13 0.00 827,044.13 Mat > 90 days 1/26/21 2/1/21 325,000.00 U.S. TREASURY NOTE 1/29/21 2/1/21 2,156,800.00 U.S. TREASURY NOTE 1/29/21 2/1/21 2,156,800.00 U.S. TREASURY NOTE 1/29/21 2/1/21 1,080,600.00 U.S. TREASURY NOTE 1/29/21 2/1/21 185,800.00 U.S. TREASURY NOTE 2/2/21 2/3/21 540,000.00 U.S. TREASURY NOTE 2/11/21 2/16/21 315,000.00 U.S. TREASURY NOTE 2/12/21 2/16/21 590,000.00 U.S. TREASURY NOTE 2/24/21 2/25/21 420,000.00 U.S. TREASURY NOTE 2/26/21 3/1/21 280,000.00 U.S. TREASURY NOTE 3/30/21 3/31/21 520,000.00 U.S. TREASURY NOTE 3/30/21 3/31/21 560,000.00 U.S. TREASURY NOTE 4/20/21 4/21/21 3,070,000.00 U.S. TREASURY NOTE 9/23/21 9/24/21 560,000.00 U.S. TREASURY NOTE 1/12/21 1/13/21 7,310,000.00 U.S. TREASURY NOTE 1/29/21 2/1/21 4,775,000.00 U.S. TREASURY NOTE 3/23/21 3/24/21 420,000.00 U.S. TREASURY NOTE 4/1/21 4/5/21 560,000.00 U.S. TREASURY NOTE 5/28/21 6/1/21 980,000.00 U.S. TREASURY NOTE 6/30/21 7/1/21 280,000.00 U.S. TREASURY NOTE 7/30/21 8/2/21 1,550,000.00 U.S. TREASURY NOTE 8/31/21 9/1/21 2,795,000.00 U.S. TREASURY NOTE 9/28/21 9/29/21 985,000.00 U.S. TREASURY NOTE Total for Mat > 90 days 0.13 1/30/23 325,000.00 0.13 1/30/23 2,157,389.76 0.13 1/30/23 2,157,347.63 0.13 1/30/23 1,080,895.48 0.13 1/30/23 185,850.80 0.13 1/30/23 540,105.47 0.13 1/30/23 315,098.44 0.13 1/30/23 590,184.38 0.13 1/30/23 420,032.81 0.13 1/30/23 279,989.06 0.13 3/31/23 519,756.25 0.13 3/31/23 559,759.38 0.13 3/31/23 3,068,441.02 0.13 8/31/23 558,578.13 0.13 12/15/23 7,289,726.17 0.13 1/15/24 4,767,166.02 0.25 3/15/24 419,310.94 0.25 3/15/24 558,534.38 0.25 5/15/24 978,698.44 0.25 6/15/24 278,359.38 0.38 7/15/24 1,551,392.58 0.38 7/15/24 2,794,126.56 0.38 9/14/24 979,921.09 32,375,664.17 (107.91) (1,305.88) (1,263.75) (654.27) (112.49) (284.77) (203.03) (380.28) (172.26) (82.03) (192.97) (229.69) (1,019.33) (65.63) (12,849.61) (16,973.62) (721.88) (415.63) (3,521.87) 65.62 (5,812.49) (7,096.67) 808.01 (52,592.43) 325,000.00 2,157,193.98 2,157,165.84 1,080,797.39 185,833.94 540,070.65 315,067.14 590,125.76 420,022.66 279,992.40 519,817.69 559,820.03 3,068,799.43 558,592.23 7,294,690.03 4,768,924.67 419,432.02 558,778.42 978,845.60 278,499.14 1,551,315.07 2,794,151.56 979,930.48 32,382,866.13 (107.91) (1,110.10) (1,081.96) (556.18) (95.63) (249.95) (171.73) (321.66) (162.12) (85.37) (254.41) (290.34) (1,377.74) (79.73) (17,813.47) (18,732.27) (842.95) (659.67) (3,669.03) (74.14) (5,734.98) (7,121.67) 798.62 (59,794.39) 324,892.09 2,156,083.88 2,156,083.88 1,080,241.21 185,738.31 539,820.70 314,895.41 589,804.10 419,860.55 279,907.03 519,563.28 559,529.69 3,067,421.69 558,512.50 7,276,876.56 4,750,192.39 418,589.06 558,118.75 975,176.57 278,425.00 1,545,580.08 2,787,029.89 980,729.10 32,323,071.74 Total for Treasuries 32,375,664.17 (52,592.43) 32,382,866.13 (59,794.39) 32,323,071.74 Agencies Mat > 90 days 12/3/20 12/4/20 300,000.00 FHLMC C 11/25/22 Q 2/12/21 2/16/21 560,000.00 FHLB C 05/12/21 Q 0.45 11/24/24 0.60 2/10/26 300,000.00 559,608.00 (1,932.04) (5,778.26) 300,000.00 559,656.84 (1,932.04) (5,827.10) 298,067.96 553,829.74 payden.com Los Angeles 1 Boston 1 London 1 Milan 543 Page 27 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Unrealized Gain / Loss From Amortized Cost Currency: USD Trade Settle Date Date Face Amount Descrintinn Coupon Effective Rate Maturity Portfolio 2812 as of September 30, 2021 Principal Unrealized Principal Unrealized Principal Purchase Gain or (Loss) Amortized Gain or (Loss) Market Cnst From Cnst Cnst Amortized Cnst Value Total for Mat > 90 days 859,608.00 (7,710.30) 859,656.84 (7,759.13) 851,897.70 Total for Agencies 859,608.00 (7,710.30) 859,656.84 (7,759.13) 851,897.70 6/13/19 6/17/19 6/4/18 6/21/18 11/15/18 11/28/18 120,000.00 CT STATE GO/ULT TXB 200,000.00 CA SAN DIEGO CITY PUB FACS 125,000.00 CA SANTA BARBARA CNTY SOLID 2.40 10/15/21 120,216.00 (138.22) 120,003.55 74.23 120,077.78 2.99 10/15/21 200,000.00 157.64 200,000.00 157.64 200,157.64 3.30 12/1/21 125,000.00 620.50 125,000.00 620.50 125,620.50 Total for Mat < 90 days 445,216.00 639.92 445,003.55 852.37 445,855.92 Mat > 90 days 2/7/19 2/21/19 190,000.00 HI STATE GO/ULT TXB 8/21/17 8/24/17 210,000.00 CA STATE GO/ULT-TXBL BABS 10/17/19 10/21/19 300,000.00 CA DEPT WTR RESOURCES-PWR S 12/13/18 12/17/18 285,000.00 CA UNIV OF CALIFORNIA REV T 9/23/20 10/15/20 330,000.00 CA BEVERLY HILLS PFA LEASE 11/20/19 11/25/19 520,000.00 CA HEALTH FACS-NO PLACE LIK 5/29/20 6/11/20 120,000.00 CT STATE OF CONNECTICUT GO/ 6/26/20 7/9/20 210,000.00 MA STATE GO/ULT TXB 8/29/19 9/12/19 300,000.00 CA CONTRA COSTA CCD GO/ULT 11/21/19 12/12/19 435,000.00 CA SAN BERNARDINO CCD TXB 2/19/20 2/21/20 400,000.00 CA SAN FRANCISCO REDEV AGY- 10/23/19 11/12/19 420,000.00 CA SONOMA CNTY CLG DIST TXB 7/16/20 7/23/20 330,000.00 CA UPPER SANTA CLARA VLY JP 5/13/20 6/2/20 330,000.00 CA GLENDALE USD GO/ULT TXB 5/1/20 5/19/20 250,000.00 CA MOUNTAIN VIEW-WHISMAN SD 4/20/20 4/22/20 250,000.00 CA SAN DIEGO REDEV AGY TAB 8/14/20 8/20/20 325,000.00 CA LOS ANGELES MUNI IMPT CO 6/18/20 7/14/20 280,000.00 CA SACRAMENTO CNTY SANTN DI 4/23/20 5/6/20 170,000.00 CA RIVERSIDE CNTY PENSN OBL 9/20/19 9/26/19 680,000.00 CA BAY AREA TOLL AUTH TOLL 3/29/19 4/11/19 200,000.00 CT STATE OF CONNECTICUT TXB 6/6/19 6/10/19 100,000.00 CT STATE OF CONNECTICUT TXB 2/13/20 2/18/20 130,000.00 CA ALAMEDA CNTY JT PWR AUTH 9/11/20 9/24/20 370,000.00 CA SOUTHERN CA PUBLIC POWER 6/17/20 7/7/20 150,000.00 CA SAN BERNARDINO CCD TXB 8/27/20 9/17/20 150,000.00 CA STATE UNIVERSITY TXB 5/28/21 6/10/21 480,000.00 CA LOS ALTOS SCH DIST GO BA 2/25/21 3/4/21 230,000.00 CA LOS ANGELES MUNI IMPT CO 2.77 1/1/22 190,000.00 1,178.18 190,000.00 1,178.18 191,178.18 6.65 3/1/22 245,815.50 (30,275.01) 210,000.00 5,540.49 215,540.49 2.00 5/1/22 301,251.00 1,813.50 300,287.34 2,777.16 303,064.50 3.28 5/15/22 286,000.35 4,498.54 285,181.59 5,317.30 290,498.89 0.37 6/1/22 330,000.00 582.02 330,000.00 582.02 330,582.02 1.89 6/1/22 520,000.00 5,742.72 520,000.00 5,742.72 525,742.72 2.50 7/1/22 122,018.40 (73.18) 120,734.70 1,210.52 121,945.22 0.39 7/1/22 210,000.00 422.13 210,000.00 422.13 210,422.13 1.65 8/1/22 300,000.00 3,722.15 300,000.00 3,722.15 303,722.15 1.88 8/1/22 435,000.00 6,149.65 435,000.00 6,149.65 441,149.65 2.38 8/1/22 406,628.00 546.84 402,258.87 4,915.97 407,174.84 1.97 8/1/22 420,000.00 6,374.40 420,000.00 6,374.40 426,374.40 0.53 8/1/22 330,000.00 784.44 330,000.00 784.44 330,784.44 1.04 9/1/22 330,000.00 2,905.35 330,000.00 2,905.35 332,905.35 1.04 9/1/22 250,000.00 2,106.02 250,000.00 2,106.02 252,106.02 3.25 9/1/22 260,687.50 (3,936.48) 254,153.49 2,597.53 256,751.02 0.52 11/1/22 325,000.00 1,110.69 325,000.00 1,110.69 326,110.69 0.63 12/1/22 280,000.00 1,112.72 280,000.00 1,112.72 281,112.72 2.36 2/14/23 170,000.00 4,533.16 170,000.00 4,533.16 174,533.16 2.18 4/1/23 680,000.00 18,686.56 680,000.00 18,686.56 698,686.56 2.92 4/15/23 200,000.00 7,592.01 200,000.00 7,592.01 207,592.01 2.92 4/15/23 101,695.00 2,101.01 100,676.79 3,119.21 103,796.01 3.10 6/1/23 135,726.50 143.48 132,903.85 2,966.14 135,869.98 0.53 7/1/23 370,000.00 780.70 370,000.00 780.70 370,780.70 0.73 8/1/23 150,000.00 1,054.07 150,000.00 1,054.07 151,054.07 0.48 11/1/23 150,000.00 24.25 150,000.00 24.25 150,024.25 1.00 10/1/24 487,070.40 (1,303.64) 486,409.56 (642.80) 485,766.76 0.68 10/31/24 230,000.00 5.84 230,000.00 5.84 230,005.84 payden.com Los Angeles 1 Boston 1 London 1 Milan 544 Page 28 of 36 Total for Mat > 90 days RIVERSIDE COUNTY TRANSPORTATION COMMISSION Unrealized Gain / Loss From Amortized Cost Currency: USD Trade Date Settle Date Face Amount Descrintinn Coupon Effective Rate Maturity Principal Purchase Cost Unrealized Gain or (Loss) Frnm Cost Principal Amortized Cost Portfolio 2812 as of September 30, 2021 Unrealized Gain or (Loss) Amortized Cost Principal Market Value 6/16/21 6/23/21 400,000.00 NY STATE DORM AUTH PERS INC 0.89 3/15/25 400,000.00 8,616,892.65 765.99 39,148.11 400,000.00 8,562,606.19 765.99 93,434.57 400,765.99 8,656,040.76 Total for Taxable Muni 9,062,108.65 39,788.03 9,007,609.74 94,286.93 9,101,896.67 Credit Mat < 90 days lir 11/13/17 11/15/17 500,000.00 CHEVRON FRN US0003M 6/21/21 6/24/21 200,000.00 PPL ELECTRIC UTILITIES FRN Total for Mat < 90 days 0.65 12/3/21 0.38 12/27/21 505,334.00 200,000.00 705,334.00 (4,238.96) 206.35 (4,032.61) 500,520.14 200,000.00 700,520.14 574.90 206.35 781.25 501,095.04 200,206.35 701,301.39 Mat > 90 days mr- 1/22/19 1/25/19 520,000.00 7/26/19 7/30/19 250,000.00 10/23/19 10/25/19 180,000.00 3/15/19 3/22/19 485,000.00 5/25/21 6/3/21 50, 000.00 10/25/19 10/29/19 120,000.00 6/29/21 7/12/21 135,000.00 8/13/19 8/16/19 300,000.00 8/20/19 8/23/19 100,000.00 10/15/20 10/19/20 300,000.00 9/4/19 9/11/19 525,000.00 12/5/19 12/9/19 550,000.00 1/21/20 1/28/20 300,000.00 3/9/21 3/16/21 565,000.00 4/19/21 4/22/21 235,000.00 5/4/20 5/11/20 195,000.00 6/1/20 6/3/20 270,000.00 6/10/21 6/14/21 560,000.00 8/10/20 8/12/20 115,000.00 4/23/21 4/27/21 550,000.00 4/16/21 4/22/21 235,000.00 5/10/21 5/12/21 255,000.00 5/26/21 6/1/21 265,000.00 8/3/21 8/9/21 125, 000.00 3/25/20 3/27/20 20,000.00 Total for Mat> 90 days BANK OF AMERICA DUKE ENERGY DTE ELECTRIC JPMORGAN CHASE HORMEL FOODS PECO ENERGY SALESFORCE.COM EXXON MOBIL BNY MELLON AMAZON.COM APPLE US BANK CINCINNATI BNY MELLON JPMORGAN CHASE MORGAN STANLEY APPLE AMAZON.COM TRUIST BANK CHEVRON UNITEDHEALTH GROUP BANK OF AMERICA AMAZON.COM MORGAN STANLEY PACCAR FINANCIAL NIKE 3.34 1/25/22 2.80 2/14/22 2.65 3/17/22 3.21 4/1/22 0.65 6/4/22 2.38 6/16/22 0.63 7/16/22 1.90 8/16/22 1.95 8/23/22 2.50 8/29/22 1.70 9/11/22 1.95 12/7/22 1.85 12/28/22 0.70 3/16/23 0.73 4/5/23 0.75 5/11/23 0.40 6/3/23 3.69 8/2/23 0.43 8/11/23 3.50 2/14/24 0.98 4/22/24 0.45 5/12/24 0.79 5/30/24 0.50 8/9/24 2.40 2/26/25 520,000.00 253,792.50 182,687.40 485,000.00 49,991.00 121,226.40 134,931.15 300,000.00 99,968.00 312,498.00 524,910.75 549,538.00 299,790.00 565,000.00 235,000.00 194,469.60 269,622.00 598,847.20 115,000.00 595,226.50 235,000.00 254,627.70 265,000.00 124,932.50 19,972.80 7,307,031.50 5,174.00 (1,337.50) (725.40) 6,819.10 48.00 676.92 349.65 4,521.00 1,606.00 (6,426.00) 7,780.50 11,456.50 6,153.00 1,734.55 784.90 2,022.15 1,085.40 (5,213.60) 277.15 (7,364.50) 1,261.95 (81.60) (779.10) (360.00) 1,033.60 30,496.67 520,000.00 250,840.30 180,716.45 485,000.00 49,991.99 120,406.86 134,936.22 300,000.00 99,990.48 306,873.09 524,971.91 549,809.38 299,907.37 565,000.00 235,000.00 194,715.67 269,789.42 595,149.08 115,000.00 588,292.36 235,000.00 254,675.94 265,000.00 124,935.76 19,981.04 7,285,983.32 5,174.00 1,614.70 1,245.55 6,819.10 47.01 1,496.46 344.58 4,521.00 1,583.52 (801.09) 7,719.34 11,185.12 6,035.63 1,734.55 784.90 1,776.08 917.98 (1,515.48) 277.15 (430.36) 1,261.95 (129.84) (779.10) (363.26) 1,025.36 51,544.85 525,174.00 252,455.00 181,962.00 491,819.10 50,039.00 121,903.32 135,280.80 304,521.00 101,574.00 306,072.00 532,691.25 560,994.50 305,943.00 566,734.55 235,784.90 196,491.75 270,707.40 593,633.60 115,277.15 587,862.00 236,261.95 254,546.10 264,220.90 124,572.50 21,006.40 7,337,528.17 Total for Credit j payden.com Il �I Los Angeles 1 Boston 1 London' Milan 545 8,012,365.50 26,464.06 7,986,503.46 52,326.10 8,038,829.56 Page 29 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Unrealized Gain / Loss From Amortized Cost Currency: USD Trade Date Settle Date Face Amount Descrintion Coupon Effective Rate Maturity Principal Purchase Cost Unrealized Gain or (Loss) From Cost Principal Amortized Cost Portfolio 2812 as of September 30, 2021 Unrealized Gain or (Loss) Amortized Cost Principal Market Value Mortgage -Backed 4/27/21 5/7/21 Total for Mat < 90 days 260,471.85 FHMS Q015 A 1MOFRN CMBS 0.25 10/25/21 260,471.85 260,471.85 67.46 67.46 260,471.85 260,471.85 67.46 67.46 260,539.31 260,539.31 Mat > 90 days 1 7/25/19 6/12/19 8/14/19 8/14/19 10/15/19 3/2/21 2/27/20 5/29/20 7/30/19 6/17/19 8/19/19 8/19/19 10/18/19 3/5/21 3/3/20 6/3/20 Total for Mat > 90 days 183,907.38 FHMS K020 A2 CMBS 128,051.47 FHMS KS01 A2 CMBS 145,000.00 FHMS K029 A2 CMBS 225,000.00 FHMS K029 A2 CMBS 110,000.00 FHMS K029 A2 CMBS 510,000.00 FHMS K032 A2 CMBS 490,000.00 FHMS K033 A2 390,491.89 FNA 2014-M8 A2 CMBS 2.37 2.52 3.32 3.32 3.32 3.31 3.06 3.06 2/27/22 5/1/22 12/13/22 12/13/22 12/13/22 4/16/23 5/1/23 4/28/24 184,920.31 128,691.73 151,768.55 235,485.35 114,258.20 542,114.06 514,270.31 420,221.14 2,291,729.65 735.48 1,345.82 (1,501.28) (2,312.00) (262.34) (10,026.98) (3,606.52) (9,625.95) (25,253.76) 184,139.47 128,282.02 147,694.79 229,174.57 111,778.30 533,798.46 502,967.67 410,498.49 2,248,333.78 1,516.32 1,755.53 2,572.48 3,998.78 2,217.56 (1,711.38) 7,696.12 96.70 18,142.10 185,655.79 130,037.55 150,267.27 233,173.35 113,995.86 532,087.08 510,663.79 410,595.19 2,266,475.88 Total for Mortgage -Backed 2,552,201.50 (25,186.30) 2,508,805.63 18,209.57 2,527,015.20 sr Mat > 90 days 6/10/20 6/17/20 3/5/19 3/13/19 1/21/20 1/29/20 9/15/20 9/23/20 8/6/19 8/14/19 8/20/19 8/27/19 9/10/19 9/18/19 3/4/20 3/11/20 2/11/20 2/19/20 4/13/21 4/21/21 Total for Mat > 90 days 56,127.38 89,937.23 104,770.29 299,635.69 162,391.39 178,236.87 187,524.67 430,000.00 290,000.00 250,000.00 DRIVE 2020-2 A3 CAR JOHN DEERE 2019-A A3 EQP MERCEDES 2020-A A3 CAR LEAS SDART 2020-3 A3 CAR TOYOTA 2019-C A3 CAR HONDA 2019-3 A3 CAR BMW 2019-A A3 CAR JOHN DEERE 2020-A A3 EQP CAPITAL ONE 2020-1 A3 CAR DRIVE 2021-1 B CAR 0.83 12/29/21 2.91 1/19/22 1.84 1/19/22 0.52 1/31/22 1.91 3/29/22 1.78 4/15/22 1.92 5/3/22 1.10 7/30/22 1.60 9/2/22 0.65 4/14/23 56,125.23 89,926.18 104,756.48 299,607.04 162,390.06 178,235.40 187,499.47 429,973.73 289,938.35 249,976.95 2,048,428.88 55.52 803.22 550.02 170.67 1,223.65 1,338.97 1,557.84 3,057.77 2,960.78 801.80 12,520.25 56,126.56 89,934.04 104,765.87 299,621.25 162,391.37 178,236.41 187,515.30 429,984.85 289,965.00 249,981.39 2,048,522.05 54.19 795.36 540.63 156.47 1,222.34 1,337.95 1,542.00 3,046.65 2,934.13 797.36 12,427.08 56,180.75 90,729.40 105,306.50 299,777.72 163,613.71 179,574.36 189,057.31 433,031.50 292,899.13 250,778.75 2,060,949.13 Total for Asset -Backed 2,048,428.88 12,520.25 2,048,522.05 12,427.08 2,060,949.13 Grand Total 55,737,420.83 (6,716.70) 55,621,007.98 109,696.15 55,730,704.13 payden.com Los Angeles 1 Boston 1 London I Milan Page 30 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Realized Gains and Losses Currency: USD Tr Dt Mat/Sal St Dt Mat/Sal Tr !It Purch St f)t Purch Transactinn I1nits f)agrrintinn 9/25/21 9/25/21 Pay Princpl 9/10/19 9/18/19 19,123.23 BMW 2019-A A3 CAR MAT 1/25/24 1.92% Principal Prnr.Parls Portfolio 2812 September 1, 2021 through September 30, 2021 Purchase Cost Amnrti7ad Cost Gain / (Loss) Less than 1 Year from Cost from Amnrf Cnct Gain / (Loss) 1 Year or More from Cost from Amnrt CnSt 19,123.23 19,120.66 19,122.26 0.00 0.00 2.57 0.97 9/1/21 10/19/18 9/15/21 6/10/20 9/1/21 7/25/19 9/1/21 Mature Long 11/8/18 9/15/21 Pay Princpl 6/17/20 9/25/21 Pay Princpl 7/30/19 240,000.00 CA SANTA ANA CMNTY REDEV AGY TXB MAT 9/1/21 3.35% 17,801.72 DRIVE 2020-2 A3 CAR MAT 5/15/24 0.83% 4,384.97 FHMS K020 A2 CMBS MAT 5/25/22 2.37% 9/1/21 9/25/21 Pay Princpl 6/12/19 6/17/19 9/25/21 9/25/21 Pay Princpl 4/27/21 5/7/21 414.20 FHMS KS01 A2 CMBS MAT 1/25/23 2.52% 240,000.00 240,000.00 240,000.00 0.00 0.00 0.00 0.00 17,801.72 17,801.04 17,801.45 0.00 0.00 0.68 0.27 4,384.97 4,409.12 4,391.20 0.00 0.00 (24.15) (6.23) 414.20 416.27 414.99 0.00 0.00 (2.07) (0.79) 10,561.12 FHMS Q015 A 1MOFRN CMBS MAT 8/25/24 0.25% 10,561.12 10,561.12 10,561.12 0.00 0.00 0.00 0.00 9/1/21 9/25/21 Pay Princpl 5/29/20 6/3/20 9/1/21 9/25/21 Pay Princpl 4/10/18 4/30/18 11,954.70 FNA 2014-M8 A2 CMBS MAT 6/25/24 3.06% 6.38 FNA 2018-M5 A2 CMBS MAT 9/25/21 3.56% 11,954.70 12,864.85 12,585.60 0.00 0.00 (910.15) (630.90) 6.38 6.51 6.38 0.00 0.00 (0.13) 0.00 9/15/21 9/15/21 Pay Princpl 8/20/19 8/27/19 9/15/21 9/15/21 Pay Princpl 3/5/19 3/13/19 17,553.96 HONDA 2019-3 A3 CAR MAT 8/15/23 1.78% 10,224.43 JOHN DEERE 2019-A A3 EQP MAT 7/17/23 2.91% 9/15/21 9/15/21 Pay Princpl 1/21/20 1/29/20 13,613.07 MERCEDES 2020-A A3 CAR LEASE MAT 12/15/22 1.84% 17,553.96 10,224.43 13,613.07 17,553.81 17,553.91 10,223.18 10,224.05 13,611.28 13,612.46 0.00 0.00 0.00 0.00 0.15 0.05 1.25 0.38 0.00 0.00 1.80 0.61 9/15/21 9/15/21 Mature Long 9/4/18 9/7/18 250,000.00 PFIZER MAT 9/15/21 3.00% 250,000.00 249,662.50 250,000.00 0.00 0.00 337.50 0.00 9/15/21 9/15/21 Pay Princpl 9/15/20 9/23/20 9/15/21 9/15/21 Pay Princpl 8/6/19 8/14/19 30,364.31 SDART 2020-3 A3 CAR MAT 7/15/24 0.52% 16,537.91 TOYOTA 2019-C A3 CAR MAT 9/15/23 1.91% 30,364.31 30,361.41 30,362.79 2.90 1.52 0.00 0.00 16,537.91 16,537.78 16,537.91 0.00 0.00 0.13 0.00 8/31/21 9/1/21 Sell Long 1/12/21 1/13/21 1,950,000.00 U.S. TREASURY NOTE MAT 12/31/22 0.13% 1,950,000.00 1,949,238.28 1,949,483.69 761.72 516.31 0.00 0.00 8/31/21 1/20/21 1/21/21 9/1/21 Sell Long 510,000.00 U.S. TREASURY NOTE MAT 12/31/22 0.13% 510,000.00 509,940.23 509,959.03 59.77 40.97 0.00 0.00 8/31/21 1/21/21 1/22/21 9/1/21 Sell Long 25,000.00 U.S. TREASURY NOTE MAT 12/31/22 0.13% 25,000.00 25,000.98 25,000.67 (0.98) (0.67) 0.00 0.00 9/28/21 9/29/21 Sell Long 1/21/21 1/22/21 560,000.00 U.S. TREASURY NOTE MAT 12/31/22 0.13% 559,890.63 560,021.87 560,014.15 (131.24) (123.52) 0.00 0.00 payden.com Los Angeles 1 Boston 1 London 1 Milan Page 31 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Realized Gains and Losses Currency: USD Portfolio 2812 September 1, 2021 through September 30, 2021 Gain / (Loss) Gain / (Loss) Less than 1 Year 1 Year or More Tr Dt Mat/Sal St Dt Mat/Sal Principal Purchase Cost from Cost from Cost Tr nt PI rrh St nt Pi rrh Transartinn l lnitc nr crrintinn Prnraarlc Amnrt17P.(t (.nst from Amnrt en.ct from Amnrt Cn.ct 9/29/21 9/30/21 Sell Long 270,000.00 U.S. TREASURY NOTE 9/23/21 9/24/21 MAT 9/15/24 0.38% 9/29/21 9/30/21 Sell Long 230,000.00 U.S. TREASURY NOTE 9/23/21 9/24/21 MAT 9/15/24 0.38% 268,776.56 228,975.78 268,818.75 268,825.27 228,993.75 228,999.30 (42.19) (48.71) (17.97) (23.52) 0.00 0.00 0.00 0.00 9/29/21 9/30/21 Sell Long 60,000.00 U.S. TREASURY NOTE 9/23/21 9/24/21 MAT 9/15/24 0.38% 9/29/21 9/30/21 Sell Long 130,000.00 U.S. TREASURY NOTE 9/28/21 9/29/21 MAT 9/15/24 0.38% 9/21/21 9/21/21 Call 530,000.00 WELLS FARGO 10/16/18 10/23/18 MAT 10/22/21 3.63% 59,732.81 129,421.10 530,000.00 59,737.50 59,738.95 129,329.69 129,330.31 529,941.70 529,998.35 (4.69) (6.14) 91.41 90.79 0.00 0.00 0.00 0.00 0.00 0.00 58.30 1.65 9/9/21 9/9/21 Call 550,000.00 WELLS FARGO 550,000.00 550,000.00 9/4/19 9/11/19 MAT 9/9/22 2.08% 550,000.00 Grand Total 5,454,336.88 5,454,152.26 5,454, 523.86 0.00 0.00 718.73 447.03 0.00 0.00 (534.11) (634.01) �r payden.com Los Angeles 1 Boston 1 London 1 Milan "T" Page 32 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Market Value By Maturity Classification Currency: USD Trade Date Settle Date Face Amnunt Descrintion Coupon Effective Rate Maturity Amortized Cost Principal Market Value Portfolio 2812 as of September 30, 2021 Current Accrued Interest Market Value Principal plus Accrued Interest cash 827.044.13 CASH OR STIF Total for Cash 0.00 10/1121 827,044.13 827,044.13 827,044.13 827,044.13 0.00 0.00 827 044.13 827,044.13 �Fixed Income Mat < 90 days Taxable Muni 6/13/19 6/17/19 120,000.00 CT STATE GO/ULT TXB 2.40 10/15/21 6/4/18 6/21/18 200,000.00 CA SAN DIEGO CITY PUB FAC 2.99 10/15/21 11/15/18 11/28/18 125,000.00 CA SANTA BARBARA CNTY SOL 3.30 12/1/21 Total for Taxable Muni 120,003.55 200,000.00 125,000.00 445,003.55 120,077.78 200,157.64 125,620.50 445,855.92 1,328.55 2,761.13 1,375.00 5,464.69 121,406.34 202,918.77 126,995.50 451,320.61 11/13/17 11/15/17 500,000.00 CHEVRON FRN US0003M 0.65 12/3/21 500,520.14 501,095.04 252.34 501,347.38 6/21/21 6/24/21 200,000.00 PPL ELECTRIC UTILITIES FR 0.38 12/27/21 200,000.00 200,206.35 14.78 200,221.13 Total for Credit 700,520.14 701,301.39 267.12 701,568.51 4/27/21 5/7/21 260,471.85 FHMS Q015 A 1MOFRN CMBS Total for Mortgage -Backed Total for Mat < 90 days 0.25 10/25/21 260,471.85 260,471.85 260,539.31 260,539.31 10.85 10.85 260,550.17 260,550.17 1,405,995.55 1,407,696.62 5,742.66 1,413,439.28 90 days - 1 yr Taxable Muni lir lir 2/7/19 2/21/19 190,000.00 HI STATE GO/ULT TXB 8/21/17 8/24/17 210,000.00 CA STATE GO/ULT-TXBL BABS 10/17/19 10/21/19 300,000.00 CA DEPT WTR RESOURCES-PWR 12/13/18 12/17/18 285,000.00 CA UNIV OF CALIFORNIA REV 9/23/20 10/15/20 330,000.00 CA BEVERLY HILLS PFA LEAS 11/20/19 11/25/19 520,000.00 CA HEALTH FACS-NO PLACE L 5/29/20 6/11/20 120,000.00 CT STATE OF CONNECTICUT G 6/26/20 7/9/20 210,000.00 MA STATE GO/ULT TXB 8/29/19 9/12/19 300,000.00 CA CONTRA COSTA CCD GO/UL 11/21/19 12/12/19 435,000.00 CA SAN BERNARDINO CCD TXB 2/19/20 2/21/20 400,000.00 CA SAN FRANCISCO REDEV AG 10/23/19 11/12/19 420,000.00 CA SONOMA CNTY CLG DIST T 7/16/20 7/23/20 330,000.00 CA UPPER SANTA CLARA VLY 5/13/20 6/2/20 330,000.00 CA GLENDALE USD GO/ULT TX 5/1/20 5/19/20 250,000.00 CA MOUNTAIN VIEW-WHISMAN 4/20/20 4/22/20 250,000.00 CA SAN DIEGO REDEV AGY TA Total for Taxable Muni 2.77 6.65 2.00 3.28 0.37 1.89 2.50 0.39 1.65 1.88 2.38 1.97 0.53 1.04 1.04 3.25 1/1/22 3/1/22 5/1/22 5/15/22 6/1/22 6/1/22 7/1/22 7/1/22 8/1/22 8/1/22 8/1/22 8/1/22 8/1/22 9/1/22 9/1/22 9/1/22 190,000.00 210,000.00 300,287.34 285,181.59 330,000.00 520,000.00 120,734.70 210,000.00 300,000.00 435,000.00 402,258.87 420,000.00 330,000.00 330,000.00 250,000.00 254, 153.49 4,887,615.99 191,178.18 215,540.49 303,064.50 290,498.89 330,582.02 525,742.72 121,945.22 210,422.13 303,722.15 441,149.65 407,174.84 426,374.40 330,784.44 332,905.35 252,106.02 256,751.02 4,939,942.01 1,315.75 1,163.75 2,500.00 3,534.70 410.30 3,281.20 750.00 202.65 826.00 1,365.18 1,583.33 1,378.30 288.75 286.28 217.29 677.08 19,780.56 192,493.93 216,704.24 305,564.50 294,033.59 330,992.32 529,023.92 122,695.22 210,624.78 304,548.15 442,514.82 408,758.17 427,752.70 331,073.19 333,191.62 252,323.31 257,428.11 4,959,722.57 1i payden.com Los Angeles 1 Boston 1 London 1 Milan Page 33 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Market Value By Maturity Classification Currency: USD Trade Date Settle Date Face Amnunt Descrintion Coupon Effective Rate Maturity Amortized Cost Principal Market Value Portfolio 2812 as of September 30, 2021 Current Accrued Interest Market Value Principal plus Accrued Interest Credit 1/22/19 7/26/19 10/23/19 3/15/19 5/25/21 10/25/19 6/29/21 8/13/19 8/20/19 10/15/20 9/4/19 Total for Credit 1/25/19 520,000.00 7/30/19 250,000.00 10/25/19 180,000.00 3/22/19 485,000.00 6/3/21 50,000.00 10/29/19 120,000.00 7/12/21 135,000.00 8/16/19 300,000.00 8/23/19 100,000.00 10/19/20 300,000.00 9/11/19 525,000.00 BANK OF AMERICA DUKE ENERGY DTE ELECTRIC JPMORGAN CHASE HORMEL FOODS PECO ENERGY SALESFORCE.COM EXXON MOBIL BNY MELLON AMAZON.COM APPLE 3.34 1/25/22 2.80 2/14/22 2.65 3/17/22 3.21 4/1/22 0.65 6/4/22 2.38 6/16/22 0.63 7/16/22 1.90 8/16/22 1.95 8/23/22 2.50 8/29/22 1.70 9/11/22 520,000.00 250,840.30 180,716.45 485,000.00 49,991.99 120,406.86 134,936.22 300,000.00 99,990.48 306,873.09 524,971.91 2,973,727.30 525,174.00 252,455.00 181,962.00 491,819.10 50,039.00 121,903.32 135,280.80 304,521.00 101,574.00 306,072.00 532,691.25 3,003,491.47 3,179.37 2,644.44 1,404.50 7,776.98 106.53 126.67 185.16 713.25 205.83 2,541.67 495.83 19,380.22 528,353.37 255,099.44 183,366.50 499,596.08 50,145.53 122,029.99 135,465.96 305,234.25 101,779.83 308,613.67 533,187.08 3,022,871.69 7/25/19 7/30/19 6/12/19 6/17/19 Total for Mortgage -Backed 183,907.38 FHMS K020 A2 CMBS 128,051.47 FHMS KS01 A2 CMBS 2.37 2.52 5/1/22 2/27/22 184,139.47 128,282.02 312,421.49 185,655.79 130 037.55 315,693.34 363.68 269.12 632.80 186,019.47 130,306.67 316,326.14 Asset -Backed 6/10/20 6/17/20 56,127.38 3/5/19 3/13/19 89,937.23 1/21/20 1/29/20 104,770.29 9/15/20 9/23/20 299,635.69 8/6/19 8/14/19 162,391.39 8/20/19 8/27/19 178,236.87 9/10/19 9/18/19 187,524.67 3/4/20 3/11/20 430,000.00 2/11/20 2/19/20 290,000.00 Total for Asset -Backed DRIVE 2020-2 A3 CAR JOHN DEERE 2019-A A3 EQP MERCEDES 2020-A A3 CAR LE SDART 2020-3 A3 CAR TOYOTA 2019-C A3 CAR HONDA 2019-3 A3 CAR BMW 2019-A A3 CAR JOHN DEERE 2020-A A3 EQP CAPITAL ONE 2020-1 A3 CAR 0.83 12/29/21 2.91 1/19/22 1.84 1/19/22 0.52 1/31/22 1.91 3/29/22 1.78 4/15/22 1.92 5/3/22 1.10 7/30/22 1.60 9/2/22 56,126.56 89,934.04 104,765.87 299,621.25 162,391.37 178,236.41 187,515.30 429,984.85 289,965.00 1,798,540.66 56,180.75 90,729.40 105,306.50 299,777.72 163,613.71 179,574.36 189,057.31 433,031.50 292,899.13 1,810,170.38 20.70 116.32 85.68 69.25 137.85 141.01 60.01 210.22 206.22 1,047.26 56,201.46 90,845.72 105,392.18 299,846.96 163,751.56 179,715.37 189,117.32 433,241.72 293,105.35 1,811,217.64 Total for 90 days - 1 yr 9,972,305.43 10,069,297.20 40,840.83 10,110,138.03 1 - 2 yrs Treasuries 1/26/21 2/1/21 3/30/21 3/31/21 9/23/21 9/24/21 Total for Treasuries 8,050,000.00 U.S. TREASURY NOTE 4,150,000.00 U.S. TREASURY NOTE 560,000.00 U.S. TREASURY NOTE 0.13 0.13 0.13 1/30/23 3/31/23 8/31/23 8,051,269.77 4,148,437.15 558,592.23 12,758,299.15 8,047,327.16 4,146,514.66 558,512.50 12,752,354.32 1,695.31 14.25 59.94 1,769.51 8,049,022.47 4,146,528.92 558,572.44 12,754,123.83 Taxable Muni 8/14/20 8/20/20 325,000.00 CA LOS ANGELES MUNI IMPT 6/18/20 7/14/20 280,000.00 CA SACRAMENTO CNTY SANTN 4/23/20 5/6/20 170,000.00 CA RIVERSIDE CNTY PENSN 0 0.52 0.63 2.36 11/1/22 12/1/22 2/14/23 325,000.00 280,000.00 170,000.00 326,110.69 281,112.72 174,533.16 697.40 587.07 513.30 326,808.09 281,699.79 175,046.46 payden.com Los Angeles I Boston 1 London 1 Milan 550 Page 34 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Market Value By Maturity Classification Currency: USD Trade Settle Date Date Face Amount Descrintion Portfolio 2812 as of September 30, 2021 Current Market Value Coupon Effective Amortized Principal Accrued Principal plus Rate Maturity Cost Market Value Interest Accrued Interest 9/20/19 9/26/19 680,000.00 CA BAY AREA TOLL AUTH TOL 2.18 4/1/23 3/29/19 4/11/19 300,000.00 CT STATE OF CONNECTICUT T 2.92 4/15/23 2/13/20 2/18/20 130,000.00 CA ALAMEDA CNTY JT PWR AU 3.10 6/1/23 9/11/20 9/24/20 370,000.00 CA SOUTHERN CA PUBLIC POW 0.53 7/1/23 6/17/20 7/7/20 150,000.00 CA SAN BERNARDINO CCD TXB 0.73 8/1/23 Total for Taxable Muni 680,000.00 300,676.79 132,903.85 370,000.00 150,000.00 2,408, 580.64 698,686.56 311,388.02 135,869.98 370,780.70 151,054.07 2,449,535.90 7,425.60 4,040.72 1,341.17 487.48 182.25 15,274.97 706,112.16 315,428.73 137,211.15 371,268.17 151,236.32 2,464,810.87 12/5/19 1/21/20 3/9/21 4/19/21 5/4/20 6/1/20 6/10/21 8/10/20 Total for Credit 12/9/19 550,000.00 US BANK CINCINNATI 1/28/20 300,000.00 BNY MELLON 3/16/21 565,000.00 JPMORGAN CHASE 4/22/21 235,000.00 MORGAN STANLEY 5/11/20 195,000.00 APPLE 6/3/20 270,000.00 AMAZON.COM 6/14/21 560,000.00 TRUIST BANK 8/12/20 115,000.00 CHEVRON 1.95 1.85 0.70 0.73 0.75 0.40 3.69 0.43 12/7/22 12/28/22 3/16/23 4/5/23 5/11/23 6/3/23 8/2/23 8/11/23 549,809.38 299,907.37 565,000.00 235,000.00 194,715.67 269,789.42 595,149.08 115,000.00 560,994.50 305,943.00 566,734.55 235,784.90 196,491.75 270,707.40 593,633.60 115,277.15 2,442.92 986.67 164.09 758.72 568.75 354.00 3,385.68 68.04 2,824,370.92 2, 845, 566.85 8,728.86 563,437.42 306,929.67 566,898.64 236,543.62 197,060.50 271,061.40 597,019.28 115,345.19 2,854,295.71 Mortgage -Backed 8/14/19 3/2/21 2/27/20 8/19/19 3/5/21 3/3/20 480,000.00 FHMS K029 A2 CMBS 510,000.00 FHMS K032 A2 CMBS 490,000.00 FHMS K033 A2 3.32 3.31 3.06 12/13/22 4/16/23 5/1/23 488,647.66 533,798.46 502,967.67 497,436.48 532,087.08 510,663.79 1,328.00 1,406.75 1,249.50 498,764.48 533,493.83 511,913.29 Total for Mortgage -Backed 1,525,413.79 1,540,187.35 3,984.25 1,544,171.60 Asset -Backed 4/13/21 4/21/21 Total for Asset -Backed 250,000.00 DRIVE 2021-1 B CAR 0.65 4/14/23 249,981.39 249,981.39 250,778.75 72.22 250,778.75 72.22 250,850.97 250,850.97 Total for 1 - 2 yrs 19,766,645.89 19,838,423.17 29,829.81 19,868,252.98 2-5yrs Treasuries 1/12/21 1/13/21 7,310,000.00 U.S. TREASURY NOTE 1/29/21 2/1/21 4,775,000.00 U.S. TREASURY NOTE 3/23/21 3/24/21 980,000.00 U.S. TREASURY NOTE 5/28/21 6/1/21 980,000.00 U.S. TREASURY NOTE 6/30/21 7/1/21 280,000.00 U.S. TREASURY NOTE 7/30/21 8/2/21 4,345,000.00 U.S. TREASURY NOTE 9/28/21 9/29/21 985,000.00 U.S. TREASURY NOTE Total for Treasuries 0.13 12/15/23 0.13 1/15/24 0.25 3/15/24 0.25 5/15/24 0.25 6/15/24 0.38 7/15/24 0.38 9/14/24 7,294,690.03 4,768,924.67 978,210.44 978,845.60 278,499.14 4,345,466.63 979,930.48 19,624,566.98 7,276,876.56 4,750,192.39 976, 707.82 975,176.57 278,425.00 4,332,609.97 980,729.10 19,570,717.41 2,696.31 1,265.12 108.29 925.41 206.56 3,453.57 163.26 8,818.51 7,279,572.87 4,751,457.51 976,816.10 976,101.98 278,631.56 4,336,063.54 980,892.36 19,579,535.92 12/3/20 12/4/20 2/12/21 2/16/21 300,000.00 FHLMC C 11/25/22 Q 560,000.00 FHLB C 05/12/21 Q 0.45 0.60 2/10/26 11/24/24 300,000.00 559,656.84 298,067.96 553,829.74 472.50 457.33 298,540.46 554,287.07 payden.com Los Angeles I Boston 1 London 1 Milan 551 Page 35 of 36 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Market Value By Maturity Classification Currency: USD Trade Date Settle Date Face Amnunt Descrintion Coupon Effective Rate Maturity Amortized Cost Principal Market Value Portfolio 2812 as of September 30, 2021 Current Accrued Interest Market Value Principal plus Accrued Interest Total for Agencies 859,656.84 851,897.70 929.83 852,827.54 Taxable Muni 8/27/20 9/17/20 150,000.00 CA STATE UNIVERSITY TXB 5/28/21 6/10/21 480,000.00 CA LOS ALTOS SCH DIST GO 2/25/21 3/4/21 230,000.00 CA LOS ANGELES MUNI IMPT 6/16/21 6/23/21 400,000.00 NY STATE DORM AUTH PERS I Total for Taxable Muni 0.48 1.00 0.68 0.89 11/1/23 10/1/24 10/31/24 3/15/25 150,000.00 486,409.56 230,000.00 400,000.00 1,266,409.56 150,024.25 485,766.76 230,005.84 400,765.99 1,266,562.85 296.88 1,480.00 903.27 965.84 3,645.99 150,321.13 487,246.76 230,909.11 401,731.84 1,270,208.83 4/23/21 4/16/21 5/10/21 5/26/21 8/3/21 3/25/20 4/27/21 550,000.00 4/22/21 235,000.00 5/12/21 255,000.00 6/1/21 265,000.00 8/9/21 125,000.00 3/27/20 20,000.00 UNITEDHEALTH GROUP BANK OF AMERICA AMAZON.COM MORGAN STANLEY PACCAR FINANCIAL NIKE Total for Credit 3.50 0.98 0.45 0.79 0.50 2.40 2/14/24 4/22/24 5/12/24 5/30/24 8/9/24 2/26/25 588,292.36 235,000.00 254,675.94 265,000.00 124,935.76 19,981.04 1,487,885.10 587,862.00 236,261.95 254,546.10 264,220.90 124,572.50 21,006.40 1,488,469.85 2,459.72 1,013.01 443.06 697.83 90.28 5.33 4,709.24 590,321.72 237,274.96 254,989.16 264,918.73 124,662.78 21,011.73 1,493,179.09 5/29/20 6/3/20 Total for Mortgage -Backed 390,491.89 FNA 2014-M8 A2 CMBS Total for 2-5yrs Total for Fixed Income Grand Total 3.06 4/28/24 410,498.49 410,498.49 410,595.19 410,595.19 994.45 994.45 411,589.65 411,589.65 23,649,016.97 23,588,243.01 19,098.01 23,607,341.02 54,793,963.85 54,903,660.00 95,511.32 54,999,171.32 55,621,007.98 55,730,704.13 95,511.32 55,826,215.45 payden.com Los Angeles 1 Boston 1 London I Milan 52 Page 36 of 36 ATTACHMENT 12 County of Riverside Treasurer -Tax Collector's Pooled Investment Fund Se•tember 2021 Contents 1 Treasurer -Tax Collector's Pooled Investment Fund 1 Economy 1 Market Data 1 Portfolio Data 1 Compliance Report 1 Month End Holdings 554 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 1 Treasurer -Tax Collector's Pooled Investment Fund Monthly Commentary Covid Takes a Back Seat to Shortages September's positive economic data contrib- uted to the narrative of a robust economic expansion that is occurring despite shortages and the delta variant. The debt ceiling and funding debate in Washington along with the Federal Reserve Open Market Committee (FOMC) dominated the financial front-page. Short term treasury rates continued to anchor the Treasurer Tax -Collector's Pooled Invest- ment Funds (TPIF) rate, while higher longer - term rates signal a welcome change in the distant future. The improving employment and GDP data reflects a strong economy. GDP annualized rate of 12.2% for the second quarter is histori- cally high. Initial Jobless Claims hovered at around 350k for a second month. Industrial Production rose 0.4%, after an estimated 0.3% was lost to plant closures for petrochemicals, plastic resins and petroleum refining. Over two -thirds of gulf oil production remained offline into the first half of September as a result of Hurricane Ida. With the number of new U.S. Covid cases de- clining in September, the economic focus shifted in September to shortages of materials, Treasurer's Statement labor and transportation capacity. These pres- sures have added to the acceleration in price growth over the past two quarters, as business- es have passed along rising input costs to consumers. Consumer Prices rose 5.3% on a year over year basis, well above the Fed's 2.00% target level. CPI Energy rose 25% with the fuel oil compo- nent rising 33.2% year over year. Housing is experiencing one of the most extreme price runs in history, with single family home prices up nearly 20% year over year. The most recent California Association of Real- tors (CAR) data shows the median price of existing single-family homes went up 17.1% across the state, outpaced by the inland em- pire which saw their median prices rise 19.5%. CAR forecasts the California median home price to increase another 5.2% to 834,400 in 2022 following a projected 20.3% increase to 793,100 in 2021. Higher home prices typically indicate an increase in property tax revenue which can translate into higher TPIF balances. The Federal Reserve met on September 22, saying it would begin reducing its asset pur- The Treasurer's Pooled Investment Fund is comprised of contributions from the county, schools, special districts, and other discretionary depositors throughout the County of Riverside. The primary objective of the Treasurer shall be to safeguard the principal of the funds under the Treasurer's control, meet the liquidity needs of the depositor, and to maximize a return on the funds within the given parameters. The Treasurer -Tax Collector and the Capital Markets team are committed to maintaining the highest credit ratings. The Treasurer's Pooled Investment Fund is currently rated Aaa-bf by Moody's Investor Service and AAAf/S1 by Fitch Ratings, two of the nation's most trusted bond credit rating services. Since its inception, the Treasurer's Pooled Investment Fund has been in full compliance with the Treasurer's Statement of Investment Policy, which is more restrictive than California. 6 -Month Pool Performance chases very soon and may even finish taper- ing by mid -2022. An actual hike in policy rates won't likely be until 2023. The first step will in- volve reigning in their quantity of mortgage securities purchases. This could result in rising mortgage rates, which the Fed hopes would cool the 'overheated' home sales market. Treasury bills out to one year remained little changed and very flat. 3 -month US Treasury bills posted 3 to 4 basis points throughout the month. The yield curve steepened in the 2- to 5 -year area. Bond markets saw the 2 -year Treasury yield rise from 0.21% at the beginning of the month to 0.28% at month end. 5 -year Treasury yields rose from 0.77% at the begin- ning of the month to 0.97% at month end. Stocks dropped slightly, with the Dow Jones Industrial Average slipping from 35,300 at the beginning of the month and ending at 33,800. Matt Jennings Treasurer -Tax Collector Capital Markets Team Matt Jennings Treasurer -Tax Collector Giovane Pizano Assistant Treasurer John Byerly Chief Investment Officer Steve Faeth Senior Investment Officer Isela Licea Assistant Investment Officer Month End Market Value ($)* Month End Book Value ($) Paper Gain or Loss ($) Paper Gain or Book Yield (%) WAM (Yrs) Loss (%) Sep -21 9,560,644,555.86 9,562,128,367.46 -1,483,811.61 -0.015% 0.28 1.19 Aug -21 Jul -21 Jun -21 May -21 Apr -21 9,005,666,395.48 8,738,462,044.75 9,505,561,665.45 9,566,648,736.34 9,91 1,455,098.24 *Market values do not include accrued interest. 8,998,636,800.02 8,729,419,196.20 9,503,657,508.92 9,558,825,055.66 9,906,827,680.01 7,029,595.46 9,042,848.55 1,904,156.53 7,823,680.68 4,627,418.23 0.078% 0.104% 0.020% 0.082% 0.047% 0.29 0.30 0.27 0.28 0.29 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 555 2 Econom Private Sector Average Hourly Earnings Y/Y Percent 9.9 9.0 8.1 7.2 6.3 5.4 4.5 3.6 2.7 1.8 1 1 1 1 1 1 1 1 0.9 0.0 MI 1 1 1 1 Durable Goods Percent Chg. Y/Y Percent 55.0 45.0 35.0 25.0 15.0 5.0 5.0 ■ ■ - 15.0 -25.0 - 35.0 ,P) O6c O0 ' ��'05> PQ`�> �J 1� PJ��� PJ��O Oc.\�O Oz �� 4" • J��� Nonfarm Payrolls Total M/M Change SA Thousands 1100 1000 900 800 700 600 500 400 300 200 New Home Sales SAAR New Home Sales -30-Year Fixed Mortgage Rate Percent 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 �\ >� `� ,b` >h > , 10 >q r \ J() g Je) Jq g g g g g P P P P P P P P P P Key Economic Indicators Thousands 9000.0 7000.0 5000.0 3000.0 1000.0 . -1000.0 -3000.0 -5000.0 -7000.0 =M/M -M/M 6Mo. Trailing Avg Actual Consensus Prior Year Release Date Indicator 09/30/2021 09/03/2021 09/03/2021 09/14/2021 09/14/2021 09/01/2021 09/24/2021 09/02/2021 09/02/2021 Real GDP - Q/Q Change Unemployment Rate - Seasonally Adjusted Non -Farm Payrolls - M/M Change - Thousands CPI - Y/Y Change CPI Ex Food and Energy - Y/Y Change ISM Non -Manufacturing Index (> 50 indicates growth) New Home Sales - SAAR - Thousands Factory Orders - M/M Change Durable Goods Orders - New Orders - M/M Change 6.7% 5.2% 235 5.3% 4.0% 66.7 740 0.4% -0.1% 6.6% 5.2% 733 5.3% 4.2% 61.0 715 0.3% -0.1% -31.4% 8.4% 1,371 1.3% 1.7% 67.6 1,011 6.4% 11.4% *Note: 'Prior Year' displays final estimates of indicator values from the equivalent period of the prior year. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 556 3 Market Data Federal Open Market Committee Meeting • The FOMC stated that with progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen, but risks to the economic outlook remain. • The FOMC maintained the Fed Funds Target Range of 0.0-0.25% • The FOMC stated in their September statement, that they will continue their asset purchase program until substantial further progress has been met. However, If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted. • The FOMC is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals . Fed Funds Target Rate (Upper Limit) 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% r ea G�'O o�,y0 eG70 c O p U.S. Treasury Curve +09/01/2021 —X09/30/2021 F 0 } Ppc9> a�r> r►` 9> rL� 0,> rye 0 10 15 Years 20 25 30 US Treasury Yield Curve 3 Mo 6 Mo 1 Yr 2 Yr 3 Yr 5 Yr 10 Yr 30 Yr 09/30/2021 - 09/01/2021 09/30/2021 0.04 0.05 0.09 0.28 0.53 0.98 1.52 2.08 09/01/2021 -0.01 -0.01 0.02 0.08 0.11 0.20 0.21 0.16 0.05 0.06 0.07 0.20 0.42 0.78 1.31 1.92 The US Treasury Curve and its values are subject to frequent change and will be updated monthly with each issued TPIF report. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 557 4 Market Data cont'd U.S. Treasuries Percent 7.00 6.00 5.00 4.00 3.00 2.00 1.00 Recession -2Yr Treasury Yield • -Nymex Nat Gas -Nymex Crude 0.00 b Al ACS �9 Se' See See" See 37,000.00 35,000.00 33,000.00 31,000.00 29,000.00 27,000.00 25,000.00 23,000.00 21,000.00 19,000.00 ec Dow Jones See See 5.0 4.0 3.0 2.0 1.0 0.0 ti` 09 Percent 4.0 3.0 2.0 1.0 0.0 -1.0 # CD 'Deg Commodities 90 80 70 60 50 40 30 20 10 0 270.00 250.00 230.00 210.00 190.00 170.00 150.00 130.00 110.00 90.00 Stocks Recession -3M-10Yr Treasury Yield Spread rr Precious Metals Industrial Metals Se v ÷cif) .o•C ry .0 r��� •J�ry Se 19,600.00 18,900.00 18,200.00 17,500.00 16,800.00 16,100.00 15,400.00 14,700.00 14,000.00 13,300.00 12,600.00 11,900.00 11,200.00 10,500.00 9,800.00 9,100.00 8,400.00 7,700.00 7,000.00 -NASDAQ 100 S&P 500 ♦ ♦ ♦ ♦ ♦ O �o,, o L Kok 0•A' L ,J♦fL SeQ L Se�`LO �o� L ocfL �o� L � L J�rL ec)'L 4,900.00 4,700.00 4,500.00 4,300.00 4,100.00 3,900.00 3,700.00 3,500.00 3,300.00 3,100.00 2,900.00 2,700.00 2,500.00 * Values listed for commodities and stocks are in US dollars and are as of the final business day of each month. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 558 5 Portfolio Data The County of Riverside's Treasurer's Pooled Investment Fund is currently rated AAA-bf by Moody's Investor Service and AAAf/S1 by Fitch Ratings. Moody's Asset Rating (000's) BOOK f Moody (ms's) Par Market MKT/Book Yid Aaa Aa Aa1 Aa2 Aa3 Al NR 6,782,528.48 6,781,295.16 10,000.00 10,000.00 509,345.00 509,385.68 641,200.00 641,143.97 592,580.00 592,394.84 450,000.00 449,960.83 578,000.00 577,947.90 6,779,189.78 9,988.30 509,380.26 641,164.37 592,478.83 449,985.82 578,457.20 99.97% 99.88% 100.00% 100.00% 100.01% 100.01% 100.09% 0.34% 0.70% 0.11°% 0.14% 0.11% 0.14% 0.11% Toms (000's): 9,563,653.49 9,562,128.37 9,560,644.56 99.98% D.28' S&P Asset Rating (000's) S&P (000's) Rook Market MKT/Book Yid AAA AA+ AA AA- A+ NR 1,376,765.06 1,376,915.00 1,376,711.25 99.99°% 5,797,258.42 5,795,915.84 5,793,997.09 99.97% 4,795.00 4,795.00 4,795.00 100.00% 1,262,500.00 1,262,452.45 1,262,460.96 100.00°% 537,200.00 536,967.17 537,088.06 100.02% 585,135.00 585,082.90 585,592.20 100.09°,0 0.05% 0.40% 0.25% 0.12% 0.14% 0.11% Totals (090's): 9,563,653.48 9,562,128.37 9,560,644.56 99.98% 0.28% 12 -Month Projected Cash Flow Ass -]196 As1-546 Aa3 - OHR -6Wo ohs -O96 Q Ae.2 - ]96 - 5Wn BOOK °#o AAA -1446 AAA -446 AAAA- -61Wu CAA --13'96 MMA+-696 HR - Monthly Re - Month ceipts Monthly Dis- bursements Difference vestments Required Matured In - Balance Actual In- Available to vestments Invest > 1 Maturin • Year 10/2021 56.34 10/2021 11/2021 12/2021 1,249.55 1,371.49 2,634.19 1,343.18 1,197.65 1,400.00 -93.63 173.84 1234.19 37.29 173.84 1,408.03 2,690.03 850.00 15.00 01/2022 1,150.00 2,000.00 -850.00 558.03 924.00 02/2022 03/2022 04/2022 1,100.00 1,300.00 2,476.30 1,500.00 1,551.62 1,542.08 - 400.00 - 251.62 934.22 93.59 158.03 500.00 520.00 934.22 137.20 05/2022 1,700.00 2,200.00 -500.00 434.22 380.00 06/2022 07/2022 08/2022 09/2022 2,000.00 1,500.00 1,398.14 2,050.00 2,400.00 1,800.00 1,552.97 1,804.41 - 400.00 - 300.00 - 154.83 245.59 265.78 154.83 245.59 34.22 202.23 88.77 4.01 124.94 TOTALS 19,929.67 20,291.91 (362.24)1 551.49 5.77% 4,002.52 6,436.17 67.31% 9,010.63 94.237. * Values listed in Cash Flow Table are in millions of USD. Based on historic and current financial conditions within the County, the Pool is expected to maintain sufficient liquidity of funds to cover County expenses for the next twelve months. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 559 6 Portfolio Data cont'd Asset Maturity Distribution (Par Value, 000's) 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 28.13% 2,690,033.23 0-1 Mos 8.89% 850,000.00 1-3 Mos Asset Allocation (000's) 30.28% 2,896,135.00 6.69% 639,995.00 3-12Mos 1-2Yr 7.88% 753,249.00 2-3 Yr 18.13% 1,734,241.25 3-5 Yr Assets (000's) Scheduled Par Scheduled Book Scheduled Market Mkt/Book Yield WAL(Yr) Mat(Yr) MM KT 1,287,865.06 1,288,050.00 1,288,050.00 100.00% 0.04% 0.003 0.003 CALTRUST FND 93,213.17 94,017.20 94,017.20 100.00% 0.10% 0.003 0.003 DDA/PASSBK 500,000.00 500,000.00 500,000.00 100.00% 0.05% 0.003 0.003 US TREAS BILLS 1,285,000.00 1,284,633.51 1,284,849.35 100.02% 0.05% 0.242 0.242 US TREAS BONDS 815,000.00 813,277.07 812,219.21 99.87% 0.47% 2.757 2.757 FHLMC BONDS 475,710.00 475,606.07 473,933.30 99.65% 0.46% 1.436 2.903 FNMA BONDS 564,751.00 565,338.78 565,61 1.06 100.05% 0.70% 1.701 2.891 FHLB BONDS 906,896.25 906,585.59 905,456.34 99.88% 0.86% 1.985 3.713 FFCB DISC NOTES 67,000.00 66,971.82 66,988.29 100.02% 0.05% 0.366 0.366 FFCB BONDS 823,203.00 823,1 12.32 824,526.04 100.17% 0.45% 1.130 1.695 FARMER MAC 60,000.00 59,947.90 60,457.20 100.85% 0.61% 0.332 0.332 MUNI BONDS 220,315.00 220,428.40 220,428.40 100.00% 0.20% 0.729 0.729 COMM PAPER 1,163,500.00 1,163,000.54 1,163,152.76 100.01% 0.08% 0.297 0.297 NCDS 1,251,200.00 1,251,21 1.67 1,251,21 1.67 100.00% 0.14% 0.305 0.305 IFC BONDS 50,000.00 49,947.50 49,743.75 99.59% 0.38% 2.940 2.940 Totals (000's): 9,563,653.48 9,562,128.37 9,560,644.56 99.98% 0.28% 0.838 1.194 TIMMI 1.50% - 1.00% - 0.54% 0.52% 0.50% ♦ 0.00% 0.48% 0.35% :.14% 0.10% ■ 0.10%:0.09% Sep Lo OG,s�o J to o QeG;l ,d(\ Pool Yield --TIMMI 0.34%0'34% 0.08% 0.07% e:Y \-10S 0.31% 0.29% C.28`, C.27% C.3C 0.06% 0.05% 0.05% .04% • 0.04% 0.05% .0.05% 0> PJ0n> Sep > The Treasurer's Institutional Money Market Index (TIMMI) is a composite index of four AAA rated prime institutional money market funds. Their average yield is compared to the yield of the Treasurer's Pooled Investment Fund in the above graph. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 560 7 Compliance Report Compliance Status: Full Compliance The Treasurer's Pooled Investment Fund was in full compliance with the County of Riverside's Treasurer's State- ment of Investment Policy. The County's Statement of Investment Policy is more restrictive than California Gov- ernment Code 53646. The County's Investment Policy is reviewed annually by the County of Riverside's Over- sight Committee and approved by the Board of Supervisors. Investment Category MUNICIPAL BONDS (MUNI) U.S. TREASURIES LOCAL AGENCY OBLIGATIONS (LAO) FEDERAL AGENCIES GOVERNMENT CODE Maximum Authorized % S&P/ Remaining Limit Moody's Maturity 5 YEARS 5 YEARS 5 YEARS 5 YEARS NO LIMIT NA NO LIMIT NA NO LIMIT NA NO LIMIT AAA COUNTY INVESTMENT POLICY Maximum Remaining Maturity Authorized % S&P/Moody's/ Limit Fitch 4 YEARS 5 YEARS 3 YEARS 5 YEARS COMMERCIAL PAPER (CP) 270 DAYS 40% Al/PI 270 DAYS CERTIFICATE & TIME DE- POSITS (NCD & TCD) INT'L BANK FOR RECON- STRUCTION AND DEVELOP- MENT AND INT'L FINANCE CORPORATION REPURCHASE AGREEMENTS (REPO) REVERSE REPOS MEDIUM TERM NOTES (MTNO) CALTRUST SHORT TERM FUND MONEY MARKET MUTUAL FUNDS (MMF) LOCAL AGENCY INVESTMENT FUND (LAIF) CASH/DEPOSIT AC- COUNT 5 YEARS 30% NA 1 YEAR NA NA NA 1 YEARS 92 DAYS 20% 5 YEARS 30% NA NA 60 DAYS(1) 20% NA NA NA NA 15% AA-/Aa3/AA- 100% NA 2.50% 100% 40% 25% Combined 4 YEARS 20% 40% max, 25% NO LIMIT NA 45 DAYS in term repo over 7 days NA 60 DAYS 10% A NA AAA/Aaa 2 NA 3 YEARS DAILY LIQUIDITY DAILY LIQUIDITY INVESTMENT GRADE NA Al/Pl/F1 Al/Pl/F1 AA/Aa/AA Al/Pl/F1 NA Actual % 2.31% 21.94% 0.00% 30.30% 12.16% 13.09% 0.52% 0.0% 0.00% 20% AA/Aa2/AA 0.00% 1.00% 20% DAILY Max LIQUIDITY $50 million NA NA NA 0.98% AAA by 2 Of 3 RATINGS AGC. NA NA NA 1 Money Market Mutual Funds maturity may be interpreted as a weighted average maturity not exceeding 60 days. 2Or must have an investment advisor with no fewer than 5 years experience and with assets under management of $500,000,000 USD. 13.47% 0.00% 5.23% THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646. COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 561 8 Month End Portfolio Holdings CUSIP Description Maturity Date Coupon Yield Par Book Market Market Unrealized Modified Years To To Mat Value Value Price Value Gain/Loss Duration Maturity Fund: 1 POOL FUND MMKT FRGXX GOFXX WFFXX TFD)0( 05VXX FG)0( CJPXX MVRXX FIDELITY GOV FEDERATED GOV WELLS FARGO GOV BLACKROCK GOV JP MORGAN GOV GOLDMAN SACHS GOV JP MORGAN PRIME MORGAN STANLEY PRIME 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 .010 .025 .025 .025 .026 .026 .066 .060 .010 .025 .025 .025 .026 .026 .063 .059 1,000,000.00 118,000,000.00 106,000,000.00 166,000,000.00 251,000,000.00 246,000,000.00 349,875,062.47 49,990,002.00 1,000,000.00 118,000,000.00 106,000,000.00 166,000,000.00 251,000,000.00 246,000,000.00 350,050,000.00 50,000,000.00 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.050000 100.020000 1,000,000.00 118,000,000.00 106,000,000.00 166,000,000.00 251,000,000.00 246,000,000.00 350,050,000.00 50,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 .003 -.038, .037 1,287,865,064.47 1,288,050,000.00 100.014360 1,288,050,000.00 0.00 , .003 .003 CALTRUST FND CLTR CALTRUST SHT TERM FUND 10/01/2021 .150 .104 93,213,169.12 94,017,200.84 100.862573 94,017,200.84 0.00 .003 .003 .,250 - .104 93,213,169.12 94,017,200.84 100.862573 94,017,200.84 0.00 .003 .003 DDA/PASSBK CASH BANK OF THE WEST 10/01/2021 .050 .050 500,000,000.00 500,000,000.00 100.000000 500,000,000.00 0.00 .003 .003 CASH PACIFIC PREMIER BANK 10/01/2021 1.530 1.530 0.00 0.00 .000000 0.00 0.00 .000 .003 CASH FIRST REPUBLIC BANK 10/01/2021 1.515 1.515 0.00 0.00 .000000 0.00 0.00 .000 .003 CASH UB MANAGED RATE 10/01/2021 .069 .069 0.00 0.00 .000000 0.00 0.00 .000 .003 III US TREAS BILLS 9127964W6 9127964W6 912796231 912796231 912796030 91279601 912796231 912796030 912796F38 912796651 912796F38 912796231 912796342 912796030 912796231 912796M63 912796M48 912796M48 912796M55 912796M63 912796288 050 500,000,000.00 500,000,000.00 100.000000 500,000,000.00 _ ._ U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.5. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL U.S. TREASURY BILL 11/04/2021 11/04/2021 01/27/2022 01/27/2022 02/24/2022 01/27/2022 01/27/2022 02/24/2022 03/24/2022 11/12/2021 03/24/2022 01/27/2022 06/16/2022 02/24/2022 01/27/2022 11/02/2021 10/19/2021 10/19/2021 10/26/2021 11/02/2021 10/15/2021 .086 .046 .052 .045 .052 .047 .045 .055 .057 .033 .032 .043 .070 .050 .039 .065 .055 .068 .060 .045 .050 .086 .046 .052 .045 .052 .047 .045 .055 .057 .033 .032 .043 .070 .050 .039 .065 .055 .068 .060 .045 .050 50,000,000.00 100,000,000.00 85,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 75,000,000.00 50,000,000.00 25,000,000.00 50,000,000.00 50,000,000.00 100,000,000.00 100,000,000.00 100,000,000.00 49,965,480.56 99,967,138.89 84,962,002.64 49,980,812.50 49,975,930.00 49,980,155.56 49,981,437.50 49,975,128.47 49,972,377.78 49,991,739.50 49,986,218.75 49,986,777.78 49,964,661.67 74,974,375.00 49,988,541.53 24,997,472.25 49,997,250.00 49,996,718.75 99,995,500.00 99,995,875.00 99,997,916.67 99.994000 99.994000 99.986000 99.986000 99.981000 99,986000 99.986000 99.981000 99.978000 99.995000 99.978000 99.986000 99.957000 99.981000 99.986000 99.994000 99.997000 99.997000 99.997000 99.994000 99.998000 49,997,000.00 99,994,000.00 84,988,100.00 49,993,000.00 49,990,500.00 49,993,000.00 49,993,000.00 49,990,500.00 49,989,000.00 49,997,500.00 49,989,000.00 49,993,000.00 49,978,500.00 74,985,750.00 49,993,000.00 24,998,500.00 49,998,500.00 49,998,500.00 99,997,000.00 99,994,000.00 99,998,000.00 31,519.44 26,861.11 26,097.36 12,187.50 14,570.00 12,844.44 11,562.50 15,371.53 16,622.22 5,760.50 2,781.25 6,222.22 13,838.33 11,375.00 4,458.47 1,027.75 1,250.00 1,781.25 1,500.00 -1,875.00 83.33 .096 .096 .326 .326 .402 .326 .326 .402 .479 .118 .479 .326 .709 .402 .326 .090 .052 .052 .071 .090 .041 .096 .096 .326 .326 .403 .326 .326 .403 .479 .118 .479 .326 .710 .403 .326 .090 .052 .052 .071 .090 .041 .051 1,285,000,000.00 1,284,633,510.80 99.988276 1,284,849,350.00 US TREAS BONDS 912828W6 U.S. TREASURY BOND 91282CBH3 91282CBH3 91282CBM2 912828ZL7 912828946 912828946 912820967 91282CBQ3 912828ZC7 91282CBR1 912828ZF0 91282C004 912828ZF0 91282CBU4 912828294 912828294 912828294 91282208 91282208 9128282X1 912822824 9128220639 9128220X7 91282CBT7 9128220X7 91282CCW9 91282202 91282CAM3 U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.5. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.5. TREASURY BOND U.S.. TREASURY BOND U.S. TREASURY BOND 11/30/2024 1.500 01/31/2026 .375 01/31/2026 .375 02/15/2024 .125 04/30/2025 .375 02/15/2026 1.625 02/15/2026 1.625 07/31/2025 .250 02/28/2026 .500 02/28/2025 1.125 03/15/2024 .250 03/31/2025 .500 03/31/2023 .125 03/31/2025 .500 03/31/2023 .125 05/31/2022 .125 05/31/2022 .125 05/31/2022 .125 06/30/2026 .875 06/30/2026 .875 06/30/2022 .125 12/31/2025 .375 08/31/2026 .750 09/15/2024 .375 03/31/2026 .750 09/15/2024 .375 08/31/2026 .750 09/30/2026 .875 09/30/2025 .250 1.751 .586 .593 .219 .445 .799 .670 .675 .591 .539 .287 .647 .159 .619 .147 .054 .066 .065 .882 .906 877 .700 .832 .439 .715 .438 .902 .982 815 25,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 20,000,000.00 10,000,000.00 50,000,000.00 25,000,000.00 50,000,000.00 25,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 75,000,000.00 20,000,000.00 35,000,000.00 30,000,000.00 25,000,000.00 25,000,000.00 .25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 20,000,000.00 25,000,000.00 24,705,078.13 9,897,265.63 9,894,140.63 24,930,664.06 14,956,640.63 10,401,560.00 10,466,015.63 24,537,109.38 19,910,508.60 10,231,250.00 49,945,312.50 24,855,468.75 49,966,796.88 24,882,812.50 49,978,515.63 50,035,156.25 50,029,296.88 75,043,945.31 19,993,166.80 34,946,679.69 30,014,062.50 24,652,343.75 24,900,416.25 24,952,148.44 25,039,062.50 24,953,125.00 24,817,382.81 19,895,833.60 24,445,312.50 102.902000 97.816000 97.816000 99.422000 98.863000 103.145000 103.145000 98.055000 98.273000 101.645000 99.645000 99.418000 99.906000 99.418000 99.906000 100.031000 100.031000 100.031000 99.606000 99.606000 100.031000 97.949000 98.883000 99.808594 99.258000 99.812500 98.883000 99.479168 97.820000 25,725,500.00 9,781,600.00 9,781,600.00 24,855,500.00 14,829,450.00 10,314,500.00 10,314,500.00 24,513,750.00 19,654,600.00 10,164,500.00 49,822,500.00 24,854,500.00 49,953,000.00 24,854,500.00 49,953,000.00 50,015,500.00 50,015,500.00 75,023,250.00 19,921,200.00 34,862,100.00 30,009,300.00 24,487,250.00 24,720,750.00 24,952,148.44 24,814,500.00 24,953,125.00 24,720,750.00 19,895,833.60 24,455,000.00 1,020,421.87 -115,665.63 -112,540.63 -75,164.06 -127,190.63 -87,060.00 -151,515.63 -23,359.38 -255,908.60 -66,750.00 -122,812.50 -968.75 -13,796.88 -28,312.50 -25,515.63 -19,656.25 -13,796.88 -20,695.31 -71,966.80 -84,579.69 -4,762.50 -165,093.75 -179,666.25 0.00 -224,562.50 0.00 -96,632.81 0.00 9,687.50 3.062 3.170 4.287 4.340 4.287 4.340 2.369 2.378 3.549 3:584 4.219 4.381 4.222 4.381 3.803 3.836 4.359 4.416 3.350 3.416 2.449 2:458 3.463 3.501 1.498 1.499 3.463 3.501 1.498 1.499 .666 .666 .666 .666 .666 .666 4:633 4.751 4.632 4.751 .749 .748 4.201 4.255 4.813 4.921 2.938 2.962 4.418 4.501 2.938 2.962 4.811 4.921 4.879 5.003 3.966 4.003 .468 815,000,000.00 813,277,071.23 99.658798 812,219,207.04 -1,057,864.19 2.711 2.751 FHLMC BONDS 3134GVRV2 FHLMC 5YrNc1YrQ 05/27/2025 .750 .750 10,000,000.00 10,000,000.00 99.885000 9,988,500.00 -11,500.00 3.593 3.658 3134GVWM6 FHLMC SYrNc1YrQ 05/28/2025 .730 .730 10,000,000.00 10,000,000.00 99.851000 9,985,100.00 -14,900.00 3.597 3:660 3134GVWM6 FHLMC 5YrNC1YrQ 05/28/2025 .730 .730 5,000,000.00 5,000,000.00 99.851000 4,992,550.00 -7,450.00 3.597 3,660 3134657X0 FHLMC 4YrNc2Yr0 06/03/2024 .500 .500 10,000,000.00 10,000,000.00 100.000000 10,000,000.00 0.00 2.650 2.677 3134GVB31 FHLMC 4.9YrNc11MOB 05/28/2025 .750 .760 15,000,000.00 14,992,500.00 99.851000 14,977,650.00 -14,850.00 3.596 3.660 3134GVE95 FHLMC 5YrNc2YrB 06/09/2025 .650 .650 15,000,000.00 15,000,000.00 99.537000 14,930,550.00 -69,450.00 3.635 3.693 3134GV3A4 FHLMC 4YrNc2Yr0 07/01/2024 .500 .500 5,000,000.00 5,000,000.00 99.909000 4,995,450.00 -4,550.00 2.727 2.753 3134GV5R5 FHLMC 4YrNc1YrQ 07/15/2024 .570 .570 5,000,000.00 5,000,000.00 100.021000 5,001,050.00 1,050.00 2,763 2.792 3134GW2M6 FHLMC 3.5YrNc1.5YrB 01/24/2024 .420 .420 15,000,000.00 15,000,000.00 100.062000 15,009,300.00 9,300.00 2.301 2.318 3134GWAL0 FHLMC 3.75YrNC9MB 04/29/2024 .500 .500 15,000,000.00 15,000,000.00 99.975000 14,996,250.00 -3,750.00 2.556 2.581 3134GWET9 FHLMC 4.5YrNc2Yr8 01/29/2025 .510 .510 15,000,000.00 15,000,000.00 99.866000 14,979,900.00 -20,100.00 3.296 3.334 3134GWL79 FHLMC 4YrNc1.5YrQ 09/10/2024 .400 .400 10,000,000.00 10,000,000.00 99.537000 9,953,700.00 -46,300.00 .2.924 2.948 562 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 9 Month End Portfolio Holdings CUSIP Description Maturity Date Coupon Yield Par Book Market Market Unrealized Modified Years To To Mat Value Value Price Value Gain/Loss Duration Maturity 31345W585 3134GWL79 313413WN44 3134GWL38 3134GWL38 3134GWP91 3134GWT22 3134GWR32 3134GWP26 3134GWTG1 3134GWY42 3134GWZ85 3134GW3X2 3134GW3Z7 31345W3Y0 3137EAEX3 3137F4F78 3134GXBM5 3134008M5 3134GXBL7 3135GA2Z3 3135GA2Z3 31340X0136 3134GXCA0 313400E68 3134GXEA8 3134GXCF9 313400CF9 3134GXEX8 3134GXCA0 3134GXEX8 3134GXEX8 3134GXGQ1 3134GXHL1 3134GXHHO 3134GWLW4 FHLMC 4YrNc6MoQ FHLMC 4YrNc1.5YrQ FHLMC 4YrNc6MoQ FHLMC 5YrNc2YrQ FHLMC 5YrNc2YrQ FHLMC 4.75YrNc2YrQ FHLMC 4.5YrNc1YrQ FHLMC 3.75YrNc1YrQ FHLMC 5YrNC1.5YrB FHLMC 5YrNC6m0B FHLMC 3YrNc1YrQ FHLMC 3YrNC1Yr8 FHLMC 5YrNC3MoB FHLMC 5YrNc1YrQ FHLMC 5YrNc2YrQ FHLMC 5Yr FHLMC 3Yr FHLMC 5YrNc1YrQ FHLMC 5YrNc1YrQ FHLMC 3YrNC2YrA FHLMC 5YrNC2YrA FHLMC SYrNC2YrA FHLMC 2YrNc1YrQ FHLMC 3YrNc1YrQ FHLMC 2YrNc1YrQ FHLMC 2YrNc1YrQ FHLMC 3.5YrNc11MoQ FHLMC 3.5YrNc11MoQ FHLMC 2.5YrNC1Yr8 FHLMC 3YrNC11MoB FHLMC 2.5YrNC1Yr8 FHLMC 2.5YrNC1Yr8 FHLMC 2YrNc1YrQ FHLMC 5YrNC3MoB FHLMC 2.5YrNC1YrB FHLMC 5YrNc9MOB 09/10/2024 09/10/2024 09/11/2024 09/15/2025 09/15/2025 06/16/2025 03/24/2025 06/24/2024 03/28/2025 09/30/2025 10/13/2023 10/13/2023 10/27/2025 10/28/2025 10/28/2025 09/23/2025 11/06/2023 11/12/2025 11/12/2025 11/16/2023 11/17/2025 11/17/2025 11/23/2022 11/24/2023 11/23/2022 11/23/2022 05/24/2024 05/24/2024 06/01/2023 11/24/2023 06/01/2023 06/01/2023 12/15/2022 12/30/2025 06/30/2023 08/19/2025 .450 .400 .450 .540 .540 .500 .475 .410 .500 .600 .300 .300 .625 .600 .550 .375 .250 .600 .600 .300 .560 .560 .190 .320 .200 .200 .400 .400 .250 .320 .250 .250 .200 .700 .220 .625 .450 .400 .450 .540 .540 .500 .475 .410 .500 .600 .310 .300 .625 .600 .550 .497 .280 .600 .600 .325 .560 .560 .190 .328 .200 .200 .400 .400 .260 .328 .270 .256 .200 .700 .220 .625 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 5,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 15,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,710,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 5,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 9,996,900.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 9,941,100.00 9,991,000.00 5,000,000.00 5,000,000.00 14,988,750.00 5,000,000.00 5,000,000.00 10,000,000.00 9,997,500.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 9,997,500.00 10,707,322.50 9,995,000.00 9,998,500.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 99.696000 99.537000 99.695000 98.830000 98.830000 98.982000 99.172000 99.748000 99.256000 98.970000 99.946000 100.008000 98.991000 98.901000 98.728000 98.335000 99.945000 99.037000 99.037000 99.949000 99.248000 99.248000 100.007000 99.951000 100.009000 100.009000 99.910000 99.910000 99.996000 99.951000 99.996000 99.996000 99.984000 99.403000 99.991000 99.220000 9,969,600.00 9,953,700.00 9,969,500.00 9,883,000.00 14,824,500.00 4,949,100.00 14,875,800.00 9,974,800.00 9,925,600.00 4,948,500.00 9,994,600.00 10,000,800.00 9,899,100.00 9,890,100.00 9,872,800.00 9,833,500.00 9,994,500.00 4,951,850.00 4,951,850.00 14,992,350.00 4,962,400.00 4,962,400.00 10,000,700.00 9,995,100.00 10,000,900.00 10,000,900.00 9,991,000.00 9,991,000.00 9,999,600.00 10,704,752.10 9,999,600.00 9,999,600.00 9,998,400.00 9,940,300.00 9,999,100.00 9,922,000.00 -30,400.00 -46,300.00 -30,500.00 -117,000.00 -175,500.00 -50,900.00 -124,200.00 -25,200.00 -74,400.00 -51,500.00 -2,300.00 800.00 -100,900.00 -109,900.00 -127,200.00 -107,600.00 3,500.00 -48,150.00 -48,150.00 3,600.00 -37,600.00 -37,600.00 700.00 -2,400.00 900.00 900.00 -9,000.00 -9,000.00 2,100.00 -2,570.40 4,600.00 1,100.00 -1,600.00 -59,700.00 -900.00 -78,000.00 2.921 2.924 2.924 3.910 3.910 3.667 3.450 2.712 3.460 3.947 2.025 2.026 4.007 4.012 4.018 3.945 2.091 4.051 4.051 2.117 4.069 4.069 1.145 2.139 1.145 1.145 2.630 2.630 1.664 2.139 1,663 1.664 1.206 4,173 1.745 3.834 2.948 2.948 2.951 3.962 3.962 3.712 3.482 2.734 3.493 4.003 2.036 2.036 4.077 4.079 4.079 3.984 2.101 4.121 4.121 2.129 4.134 4.134 1.148 2.151 1.148 1.148 2.649 2.649 1.668 2.151 1.668 1.668 1.208 4.252 1.748 3.888 .457 475,710,000.00 475,606,072.50 99.626517 473,933,302.10 -1,672,770.40 2.868 2.900 FNMA BONDS 313550T78 FNMA 4.83Yr 10/05/2022 2.000 2.322 15,000,000.00 14,782,200.00 101.933000 15,289,950.00 507,750.00 .988 1.014 313500T94 FNMA 5Yr 01/19/2023 2.375 2.495 10,000,000.00 9,944,100.00 102.827000 10,282,700.00 338,600.00 1.269 1.304 313500043 FNMA 4.41Yr 09/12/2023 2.875 2.333 30,000,000.00 30,670,500.00 105.067000 31,520,100.00 849,600.00 1.886 1.951 3135002K8 FNMA 2Yr 03/16/2022 .270 .270 25,000,000.00 25,000,000.00 100.094000 25,023,500.00 23,500.00 .460 .458 313500124 FNMA 4.83Yr 01/07/2025 1.625 1,094 10,000,000.00 10,247,300.00 103.389000 10,338,900.00 91,600.00 3.170 3.274 313500367 FNMA 2Yr 04/07/2022 .400 .400 25,000,000.00 25,000,000.00 100.172000 25,043,000.00 43,000.00 .518 .518 313500330 FNMA 2Yr 04/15/2022 .440 .440 25,000,000.00 25,000,000.00 100.203000 25,050,750.00 50,750.00 .540 .540 313604XK4 FNMA SYrNc2YrQ 06/30/2025 .650 .650 5,000,000.00 5,000,000.00 99.753000 4,987,650.00 -12,350.00 3.693 3.751 313604221 FNMA 5YrNc1YrQ 06/30/2025 .740 .740 5,000,000.00 5,000,000.00 99.834000 4,991,700.00 -8,300.00 3.685 3.751 31361340R9. FNMA 5YrNc1YrQ 07/07/2025 .740 .740 14,900,000.00 14,900,000.00 99.812000 14,871,988.00 -28,012.00 3.705 3.770 3136041111 FNMA 5YrNc1YrQ 07/15/2025 .730 .730 15,000,000.00 15,000,000.00 99.787000 14,968,050.00 -31,950.00 3.728 3.792 313654C27 FNMA 5YrNc1YrB 07/29/2025 .700 .700 15,000,000.00 15,000,000.00 99.610000 14,941,500.00 -58,500.00 3.769 3.830 313654F32 FNMA 5YrNc2YrB 07/29/2025 .600 .600 10,000,000.00 10,000,000.00 99.731000 9,973,100.00 -26,900.00 3.778 3.830 313604075 FNMA 5YrNc2YrB 07/29/2025 .600 .600 10,000,000.00 10,000,000.00 99.191000 9,919,100.00 -80,900.00 3.778 3.830 313654877 FNMA 5YrNc1YrB 08/04/2025 .700 .700 10,000,000.00 10,000,000.00 99.692000 9,969,200.00 -30,800.00 3.783 3.847 313604677 FNMA 5YrNc1YrB 08/04/2025 .700 .700 15,000,000.00 15,000,000.00 99.692000 14,953,800.00 -46,200.00 3.783 3.847 313604338 FNMA 4YrNc2YrB 08/12/2024 .410 .410 15,000,000.00 15,000,000.00 99.902000 14,985,300.00 -14,700.00 2.846 2.868 313604K51 FNMA 3YrNC1.5YrB 08/17/2023 .310 .310 15,000,000.00 15,000,000.00 100.010000 15,001,500.00 1,500.00 1.873 1.879 313604H63 FNMA 5YrNc2Yr 08/19/2025 .550 .550 15,000,000.00 15,000,000.00 99.188000 14,878,200.00 -121,800.00 3.837 3.888 313684Q97 FNMA 5YrNc1YrQ 08/27/2025 .650 .650 8,650,000.00 8,650,000.00 99.550000 8,611,075.00 -38,925.00 3.851 3.910 3136042F9 FNMA 5YrNc1YrQ 08/27/2025 .625 .625 5,000,000.00 5,000,000.00 99.498000 4,974,900.00 -25,100.00 3.853 3.910 313604297 FNMA 3.5YrNc1.5YrQ 02/28/2024 .375 .375 10,000,000.00 10,000,000.00 99.968000 9,996,800.00 -3,200.00 2.403 2.414 313664X40 FNMA 4.9YrNC1IMoQ 08/26/2025 .600 .600 10,000,000.00 10,000,000.00 99.447000 9,944,700.00 -55,300.00 3.852 3.907 313604931 FNMA 3.9YrNc1.9YrQ 08/19/2024 .450 .450 3,701,000.00 3,701,000.00 99.972000 3,699,963.72 -1,036.28 2.863 2.888 3136043H4 FNMA 4YrNc2Yr 09/16/2024 .400 .400 10,000,000.00 10,000,000.00 99.864000 9,986,400.00 -13,600.00 2.940 2.964 3136043W1 FNMA 3.5YrNC2YrA 03/28/2024 .320 .320 10,000,000.00 10,000,000.00 99.996000 9,999,600.00 -400.00 2.482 2.493 3135606A6 FNMA 5YrNC1YrB 10/20/2025 .580 .580 10,000,000.00 10,000,000.00 99.019000 9,901,900.00 -98,100.00 3.992 4.058 31360450 FNMA 5YrNC2YrA 10/27/2025 .540 .540 10,000,000.00 10,000,000.00 99.239000 9,923,900.00 -76,100.00 4.016 4.077 313604657 FNMA 5YrNc2YrA 10/28/2025 .560 .560 5,000,000.00 5,000,000.00 98.915000 4,945,750.00 -54,250.00 4.017 4.079 3136046N8 FNMA 5YrNc1YrQ 10/29/2025 .600 .600 5,000,000.00 5,000,000.00 99.296000 4,964,800.00 -35,200.00 4.015 4.082 3135006C2 FNMA 5YrNc1YrQ 10/29/2025 .600 .600 10,000,000.00 10,000,000.00 99.296000 9,929,600.00 -70,400.00 4.015 4.082 3135606C2 FNMA 5YrNc1YrQ 10/29/2025 .600 .604 10,000,000.00 9,998,000.00 99.296000 9,929,600.00 -68,400.00 4.015 4.082 3135062N0 FNMA 5YrNc2YrA 11/04/2025 .550 .550 10,000,000.00 10,000,000.00 99.249000 9,924,900.00 -75,100.00 4.034 4.099 313500666 FNMA 4.9YrNc11MaQ 10/20/2025 .580 .587 10,000,000.00 9,996,500.00 99.019000 9,901,900.00 -94,600.00 3.992 4.058 31350A295 FNMA 3.5YrNc2YrQ 05/03/2024 .350 .356 3,500,000.00 3,499,300.00 99.987000 3,499,545.00 245.00 2.574 2.592 313500603 FNMA 5Yr 11/07/2025 .500 .573 14,000,000.00 13,949,880.00 98.666000 13,813,240.00 -136,640.00 4.047 4.107 31350A3N9 FNMA 3YrNC2YrB 11/16/2023 .300 .300 10,000,000.00 10,000,000.00 100.141000 10,014,100.00 14,100.00 2.117 2.129 31350A3C3 FNMA 3.5YrNc2YrQ 05/17/2024 .350 .350 10,000,000.00 10,000,000.00 99.975000 9,997,500.00 -2,500.00 2.613 2.630 3135GA3C3 FNMA 3.5YrNc2YrQ 05/17/2024 .350 .350 10,000,000.00 10,000,000.00 99.975000 9,997,500.00 -2,500.00 2.613 2.630 313508273 FNMA 5YrNc2YrA 11/17/2025 .560 .560 10,000,000.00 10,000,000.00 99.248000 9,924,800.00 -75,200.00 4.069 4.134 3135006E8 FNMA 4YrNC2YrB 11/18/2024 .420 .420 10,000,000.00 10,000,000.00 99.659000 9,965,900.00 -34,100.00 3.105 3.137 31350,9493 FNMA 5YrNC2YrA 11/18/2025 .650 .650 20,000,000.00 20,000,000.00 99.517000 19,903,400.00 -96,600.00 4.062 4.137 313513A565 FNMA 3.25YrNc2YrA 02/23/2024 .350 .350 20,000,000.00 20,000,000.00 100.117000 20,023,400.00 23,400.00 2.384 2.400 3135GA4R9 FNMA 3.75YrNc2YrA 08/23/2024 .420 .420 15,000,000.00 15,000,000.00 99.971000 14,995,650.00 -4,350.00 2.876 2.899 3135GA3Z2 FNMA 5YrNc2YrA 11/25/2025 .600 .600 15,000,000.00 15,000,000.00 99.350000 14,902,500.00 -97,500.00 4.087 4.156 31350306F5 FNMA 2.9YrNc2YrQ 11/16/2023 .310 .310 5,000,000.00 5,000,000.00 100.157000 5,007,850.00 7,850.00 2.117 2.129 3135GAAZ4 FNMA 4.5YrNc1.5YrB 06/24/2025 .500 .500 10,000,000.00 10,000,000.00 99.399000 9,939,900.00 -60,100.00 3.689 3.734 .7251 .706 564,751,000.00 565,338,780.00 100.152290 565,611,061.72 272,281.72 2.841 2.883 FHLB BONDS 563 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 10 Month End Portfolio Holdings CUSIP Description Maturity Date Coupon Yield Par Book Market Market Unrealized Modified Years To To Mat Value Value Price Value Gain/Loss Duration Maturity 313379Q69 313382AX1 313378WG2 3130AHG31 3130AK3T1 3130AKDH6 3130AKKPO 3130AKL79 3130AKKF2 3130AKLBO 3130AKLBO 3130AKKF2 3130AL2G8 3130ALBX1 3130ALDX9 3130ALFN9 3130AL6K5 3130ALEM2 3130ALEM2 3130ALF25 31306LGR9 3130ALEH3 3130ALH56 3130ALHZ0 3130ALH56 3130ALFW9 3130ALHG2 3130AL037 3130ALG37 31306LG37 3130ALG37 31306L537 3130ALG17 313061.537 3130ALG37 31306LN34 3130ALKFO 3130ALKFO 3130ALNK6 3130ALLP7 3130ALTH7 3130ALU93 3130ALT33 3130ALWL4 3130ALLP7 3130AMEN8 3130ALKL7 3130AMK67 3130AMME9 3130AM3N3 3130AMMZ2 3130AMT69 3130AN3R9 31306N807 3130ANA39 3130ANA39 3130ANFD7 3130AMS52 3130ANE48 3130ANMH0 3130ANPF1 3130AMWT5 3130ANSC5 3130ANTS9 3130AN384 3130ANRB8 3130ANX88 3130AP5M3 3130APAD7 3130APBH7 3130ANYN4 FHLB 4.5 Yr FHLB 4.9Yr FHLB 2.910r FHLB 5YrNc2YrQ FHLB 4.25YrNc3MoA FHLB 2 Yr FHLB 3YrNc1YrA FHLB 3YrNc6MOB FHLB 3.25YrNc6MoA FHLB3.5YrNc1YrB FHLB 3.5YrNc1YrB FHLB 3.25YrNc6MOA FHLB 5YrNc6MoQ FHLB 5YrNc1YrQ FHLB 4.25Yr1YrQ FHLB 4.5YrN010rQ FHLB 5YrNc1YrA FHLB 5YrNc3MoQ FHLB 5YrNc3MoQ FHLB 3.75YrNc6Mo6 FHLB 5YrNc3MoQ FHLB 5YrNc1YrQ FHLB 5YrNc1YrA FHLB 4.25YrNc1YrQ FHLB 5YrNc1YrA FHLB 5YrNc3MoQ FHLB 5YrNc1YrA FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 5YrNc1MoM FHLB 4YrNC6Mo8 FHLB 4YrNc1YrB FHLB 4YrNc1YrB FHLB 4YrNc1YrB FHLB 4YrNc3MOB FHLB 3.5YrNc6MoQ FHLB 4.25YrNc6MoQ FHLB 3YrNC3MB FHLB 4YrNC6MoB FHLB 3.91YrNC2MoB FH18 9Mo FHLB SYrNc1YrA FHLB 5YrNc6MoQ FHLB 5YrNc6MoQ FHLB 5YrNc6MoQ FHLB SYrNC1YrB FHLB 5YrNo1MOM FHLB 5YrNc1MoM FHLB 5YrNc3MOQ FHLB 5YrNc3MoQ FHLB 5YrNc3MoQ FHLB 5YrNc3MoA FHLBSYrNc1Mo FHLB 5YrNCIMoM FHLB SYrNCIMoM FHLB 5YrNc6MoQ FHLB 5YrNc1MoM FHLB 5YrNc3MoM FHLB 5YrNc3MoQ FHLB 5YrNc1MoM FHLB 3.25YrNc3MoQ FHLB 3YrNc3MoQ FHLB SYrNc1Mo FHLB 5YrNc1Mo FHLB 3VrNc3MoQ FHLB 5YrNc3MoQ 06/10/2022 03/10/2023 03/11/2022 10/29/2024 12/09/2024 10/21/2022 12/22/2023 12/28/2023 03/28/2024 06/28/2024 06/28/2024 03/28/2024 02/18/2026 02/23/2026 05/23/2025 08/25/2025 02/25/2026 02/25/2026 02/25/2026 11/26/2024 02/26/2026 03/16/2026 03/18/2026 06/18/2025 03/18/2026 03/18/2026 03/18/2026 03/23/2026 03/23/2026 03/23/2026 03/23/2026 03/23/2026 03/23/2026 03/23/2026 03/23/2026 03/24/2025 03/25/2025 03/25/2025 03/25/2025 03/17/2025 09/30/2024 06/30/2025 04/08/2024 04/08/2025 03/17/2025 02/01/2022 03/25/2026 05/26/2026 05/26/2026 05/26/2026 06/10/2026 06/26/2026 07/20/2026 07/22/2026 07/27/2026 07/27/2026 08/05/2026 06/08/2026 08/17/2026 08/20/2026 08/25/2026 06/26/2026 08/26/2026 08/26/2026 07/06/2026 12/17/2024 09/27/2024 09/28/2026 09/28/2026 09/30/2024 09/30/2026 2.125 2.125 2.500 1.800 .500 .125 .190 .250 .270 .260 .260 .270 .600 .580 .500 .550 .580 .790 .790 .400 .850 .700 .750 .530 .750 .790 .750 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 .700 .625 .625 .625 .650 .510 .750 .375 .720 .650 .045 .850 1.050 1.000 1.030 1.000 1.070 1.130 1.000 1.000 1.000 1.000 1.000 1.000 1.100 1.000 1.050 1.000 1.000 1.020 .550 .500 1.040 1.040 .570 1.000 2.182 2.716 2.308 1.800 .500 .176 .235 .250 .270 .260 .260 .279 .615 .580 .500 .550 .580 .790 .790 .400 .850 .700 .750 .530 .750 .790 .750 1.000 1.000 1.000 1.015 1.000 1.000 1.000 1.000 .700 .625 .625 .625 .688 .510 .750 .375 .720 .702 .051 .850 1.050 1.000 1.030 1.000 1.070 1.130 1.000 1.000 1.000 1.000 1.000 1.000 1.100 1.000 1.050 1.000 1.000 1.020 .553 .500 1.040 1.040 .590 1.000 7,975,000.00 11,750,000.00 30,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 15,000,000.00 5,000,000,00 10,000,000.00 14,750,000.00 5,000,000.00 6,000,000.00 15,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 14,625,000.00 9,750,000.00 14,625,000.00 8,921,250.00 9,750,000.00 19,500,000.00 19,500,000.00 9,750,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 25,000,000.00 10,090,000.00 10,000,000.00 15,000,000.00 25,000,000.00 25,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 20,000,000.00 10,000,000.00 7,955,620.75 11,432,397.50 30,158,100.00 25,000,000.00 10,000,000.00 9,989,900.00 14,979,900.00 10,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 14,995,500.00 4,996,250.00 10,000,000.00 14,750,000.00 5,000,000.00 6,000,000.00 15,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 14,625,000.00 9,750,000.00 14,625,000.00 8,914,559.06 9,750,000.00 19,500,000.00 19,500,000.00 9,750,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 14,977,500.00 25,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 24,950,000.00 24,998,865.00 10,000,000.00 15,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 10,000,000,00 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 9,999,000.00 10,000,000.00 15,000,000.00 15,000,000.00 19,988,000.00 10,000,000.00 101.420000 102.720000 101.092000 100.131000 99.727000 100.001000 99.784000 99.874000 99.540000 99.632000 99.632000 99.540000 98.798000 98.931000 99.450000 99.334000 99.001000 99.426000 99.426000 99.609000 99.620000 99.235000 99,443000 99.458000 99.443000 99.444000 99.443000 99.874000 99.874000 99.874000 99.874000 99.874000 99.874000 99.874000 99.874000 99.883000 99.835000 99.835000 99.835000 99.845000 99.878000 99.848000 99.897000 99.915000 99.845000 99.984000 99.689000 99.843000 99.752000 99.817000 99.864000 99.808000 99.893000 99.673000 99.664000 99.664000 99.839000 99.707000 99.758000 99.808000 99.669000 99.770000 99.880000 100.000000 99.700000 99.844000 100.000000 100.000000 100.000000 99.940000 99.575000 8,088,245.00 12,069,600.00 30,327,600.00 25,032,750.00 9,972,700.00 10,000,100.00 14,967,600.00 9,987,400.00 14,931,000.00 14,944,800.00 9,963,200.00 14,931,000.00 4,939,900.00 9,893,100.00 14,668,875.00 4,966,700.00 5,940,060.00 14,913,900.00 9,942,600.00 4,980,450.00 9,962,000.00 24,808,750.00 9,944,300.00 9,945,800.00 9,944,300.00 14,916,600.00 9,944,300.00 14,606,572.50 9,737,715.00 14,606,572.50 8,910,009.23 9,737,715.00 19,475,430.00 19,475,430.00 9,737,715.00 9,988,300.00 9,983,500.00 9,983,500.00 9,983,500.00 14,976,750.00 24,969,500.00 9,984,800.00 9,989,700.00 14,987,250.00 24,961,250.00 24,996,000.00 9,968,900.00 14,976,450.00 9,975,200.00 4,990,850.00 4,993,200.00 9,980,800.00 9,989,300.00 14,950,950.00 14,949,600.00 9,966,400.00 9,983,900.00 14,956,050.00 9,975,800.00 9,980,800.00 9,966,900.00 14,965,500.00 14,982,000.00 15,000,000.00 14,955,000.00 9,984,400.00 10,000,000.00 15,000,000.00 15,000,000.00 19,988,000.00 9,957,500.00 132,624.25 637,202.50 169,500.00 32,750.00 -27,300.00 10,200.00 -12,300.00 -12,600.00 -69,000.00 -55,200.00 -36,800.00 -64,500.00 -56,350.00 -106,900.00 -81,125.00 -33,300.00 -59,940.00 -86,100.00 -57,400.00 -19,550.00 -38,000.00 -191,250.00 -55,700.00 -54,200.00 -55,700.00 -83,400.00 -55,700.00 -18,427.50 12,285.00 -18,427.50 4,549.84 -12,285.00 -24,570.00 -24,570.00 -12,285.00 -11,700.00 -16,500.00 -16,500.00 -16,500.00 -750.00 -30,500.00 -15,200.00 -10,300.00 -12,750.00 11,250.00 -2,865.00 -31,100.00 -23,550.00 -24,800.00 -9,150.00 -6,800.00 -19,200.00 -10,700.00 49,050.00 -50,400.00 -33,600.00 -16,100.00 -43,950.00 -24,200.00 -19,200.00 -33,100.00 -34,500.00 -18,000.00 090 45,000.00 -14,600.00 0.00 0.00 0.00 0.00 -42,500.00 .682 1.410 .438 2.962 3.158 1.056 2.220 2.235 2.484 2.731 2.731 2.484 4.317 4.333 3.603 3.854 4.338 4.316 4.316 3.131 4.312 4.383 4.384 3.670 4.384 4.379 4.384 4.370 4.370 4.370 4.370 4.370 4.370 4.370 4.370 3.435 3.443 3.443 3.443 3.418 2.973 3.684 2.504 3.460 3.418 .339 4.400 4.516 4.522 4.519 4.561 4.619 4.674 4.677 4.691 4.691 4.713 4.576 4.746 4.742 4.768 4.621 4.771 4.771 4.648 3.176 2.966 4.854 4.870 2.970 4.865 .693 1.441 .444 3.082 3.195 1.058 2.227 2.244 2.493 2.745 2.745 2.493 4.389 4.403 3.647 3.904 4.408 4.408 4.408 3.159 4.411 4.460 4.466 3.718 4.466 4.466 4.466 4.479 4.479 4.479 4:479 4.479 4.479 4.479 4.479 3.482 3.485 3.485 3.485 3.463 3.003 3.751 2.523 3.523 3.463 .340 4.485 4.655 4.655 4.655 4.696 4.740 4.805 4.811 4.825 4.825 4.849 4.690 4.882 4.890 4.904 4.740 4.907 4,907 4.767 3.216 2.995 4.997 4.997 3.003 5.003 .858 .866 906,896,250.00 906,585,592.31 99.841227 905,456,339.23 -1,129,253.09 FFCB DISC NOTES 313313SF6 FFCB DISC NOTE 313313TD0 FFCB DISC NOTE 01/25/2022 02/16/2022 .060 .050 .060 .050 17,000,000.00 50,000,000.00 16,991,330.00 49,980,486.11 99.987000 99.981000 16,997,790.00 49,990,500.00 6,460.00 10,013.89 .320 .380 .321 .381 .053 .053 67,000,000.00 FFCB BONDS 3133E73E0 3133E3KN8 FFCB 3.5Yr FFCB 5Yr 3133E3048 FFCB 5Yr 3133E774 FFCB 2.9Yr 3133EKM45 FFCB 37,- 3133E04139 FFCB 5YrNc2YrA 3133EKP75 FFCB 4.9Yr 3133EKQA7 FFCB 4.9Yr 3133EK693 FFCB 3Yr 3133EK6V3 FFCB.3Yr 10/04/2021 .108 .108 15,000,000.00 15,000,000.00 100.001000 15,000,150.00 150.00 .011 04/11/2023 2.700 2.721 10,000,000.00 9,990,300.00 103.784000 10,378,400.09 388,100.00 1.471 10/02/2023 3.050 3.095 10,000,000.00 9,979,300.00 105.432000 10,543,200.00 563,900.00 1.902 11/15/2021 3.050 2.922 10,000,000.00 10,035,700.00 100.363000 10,036,300.00 600.00 .124 09/06/2022 1.500 1.529 14,435,000.00 14,422,874.60 101.349000 14,629,728.15 206,853.55 .923 10/28/2024 1.820 1.820 10,000,000.00 10,000,000.00 100.071000 10,007,100.00 7,100.00 2.958 09/17/2024 1.600 1.672 6,128,000.00 6,107,471.20 103.057000 6,315,332.96 207,861.76 2.881 09/10/2024 2.080 1.688 2,064,000.00 2,101,585.44 104.448000 2,155,806.72 54,221.28 2.845 11/07/2022 .360 .360 25,000,000.00 25,000,000.00 100.336000 25,084,000.00 84,000.00 1.090 11/07/2022 .360 .360 25,000,000.00 25,000,000.00 100.336000 25,084,000.00 84,000.00 1.090 .011 1.529 2.005 .126 .934 3.079 2.967 2.948 1.104 1.104 564 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 11 Month End Portfolio Holdings CUSIP Description Maturity Date Coupon Yield Par Book Market Market Unrealized Modified Years To To Mat Value Value Price Value Gain/Loss Duration Maturity 3133EK6V3 3133EK6V3 3133EK6V3 3133ELCX0 3133ELOX0 3133ELCX0 3133ELCX0 3133ELOX0 3133ELCX0 3133ELN39 3133ELH80 3133E13E2 3133E17E8 3133EMDM1 3133EM7M8 3133EMHL9 3133EM3Q6 3133EMKG6 3133EMKH4 3133EMKH4 3133EMKW1 3133EMLE0 3133EMLP5 3133EMKW1 3133EMLP5 3133EMLR1 3130AKKF2 3133EMLP5 3133EMLF7 3133EMLT7 3133EMLT7 3133EMML3 3133EMSC7 3133EMSC7 3133EMTW2 3133EMUP5 3133EMUP5 3133EMVD1 3133EMZ34 3133EMZ54 3133EMD66 3133E141366 3I33EMQ62 3133EMQ62 FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 3Yr FFCB 4YrNc2YrA FFCB 5YrNc2YrA FFCB 3YrNclYrA FFCB 2.5YrNc3MoA FFCB 3YrNC2YrA FFCB 2.3Yr FFCB 3YrNc1YrA FFCB 3YrNc2YrA FFCB 2.5YrNc6MoA FFCB 2YrNc1YrA FFCB 2YrNc1YrA FFCB 3YrNclYrA FFCB 2.75YrNc6MaA FFCB 4YrNc6MoA FFCB 3YrNC1YrA FFCB 4YrNc6MoA FFCB 5YrNc6MoA FFCB 3.25YrNc6MoA FFCB 4YrNc6MoA FFCB 1.75YrNc6MOA FFCB 3YrNC1YrA FFCB 3.9YrNc1.9YrA FFCB 2Yr FFCB 4rNC1YrA FFCB 4YrNC1YrA FFCB 3Yr FHLB 4YrNclYrA FFCB 4YrNc1YrA FFCB 3YrNC1YrA FFCB 1Yr FFCB 5YrNc2YrA FFCB 1.25Yr FFCB 1.257r FFCB 5YrNc6MoA FFCB 5YrNc6MoA 11/07/2022 11/07/2022 11/07/2022 12/09/2022 12/09/2022 12/09/2022 12/09/2022 12/09/2022 12/09/2022 02/28/2024 06/10/2025 08/10/2023 03/15/2023 10/20/2023 02/21/2023 11/30/2023 12/08/2023 06/15/2023 12/15/2022 12/15/2022 12/21/2023 09/22/2023 12/23/2024 12/21/2023 12/23/2024 12/23/2025 03/28/2024 12/23/2024 09/22/2022 12/28/2023 12/28/2023 01/12/2023 03/03/2025 03/03/2025 03/18/2024 04/01/2025 04/01/2025 04/05/2024 05/17/2022 05/18/2026 09/15/2022 09/15/2022 07/13/2026 07/13/2026 .360 .360 .360 .370 .370 .370 .370 .370 .370 1.550 .680 .320 .220 .270 .154 .310 .280 .200 .160 .160 .210 .190 .320 .210 .320 .500 .270 .320 .120 .210 .210 .120 .480 .480 .300 .710 .710 .330 .060 .900 .080 .080 .990 .990 360 .360 360 370 .370 370 .370 .370 370 1.550 .680 .320 .250 .270 .154 .310 .264 .200 .160 .160 .235 .190 .320 .235 .320 506 270 339 155 .235 244 125 480 .512 307 710 710 330 .063 900 090 090 .990 990 25,000,000.00 15,000,000.00 25,000,000.00 9,000,000.00 24,000,000.00 24,000,000.00 24,000,000.00 14,000,000.00 24,000,000.00 5,000,000.00 5,025,000.00 15,945,000.00 10,000,000,00 10,000,000.00 15,000,000.00 10,000,000.00 9,931,000.00 15,000,000.00 10,000,000.00 8,245,000.00 10,000,000.00 10,000,000.00 5,000,000.00 20,000,000.00 15,000,000.00 12,430,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 10,000,000.00 25,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 50,000,000.00 5,000,000.00 20,000,000.00 75,000,000.00 10,000,000.00 10,000,000,00 25,000,000.00 15,000,000.00 25,000,000.00 9,000,000.00 24,000,000.00 24,000,000.00 24,000,000.00 14,000,000.00 24,000,000.00 5,000,000.00 5,025,000.00 15,945,000.00 9,992,500.00 10,000,000.00 15,000,000.00 10,000,000.00 9,935,667.57 15,000,000.00 10,000,000.00 8,245,000.00 9,992,500.00 10,000,000.00 5,000,000.00 19,985,000.00 15,000,000.00 12,426,271.00 10,000,000.00 9,992,500.00 14,991,000.00 14,988,750.00 9,990,000.00 24,997,500.00 5,000,000.00 9,987,500.00 24,994,675.00 10,000,000.00 10,000,000.00 10,000,000.00 49,998,575.00 5,000,000.00 19,997,400.00 74,990,250.00 10,000,000.00 10,000,000.00 100.336000 100.336000 100.336000 100.381000 100.381000 100.381000 100.381000 100.381000 100.381000 100.561000 99.547000 99.986000 99.982000 100.106000 100.113000 99.978000 99.812000 99.878000 100.000000 100.000000 99.736000 99.886000 99.045000 99.736000 99.045000 98.362000 99.540000 99.045000 100.000000 99.784000 99.784000 99.965000 99.194000 99.194000 99.636000 99.956000 99.956000 99.830000 99.993000 99.895000 99.990000 99.990000 100.000000 100,000000 25,084,000.00 15,050,400.00 25,084,000.00 9,034,290.00 24,091,440.00 24,091,440.00 24,091,440.00 14,053,340.00 24,091,440.00 5,028,050.00 5,002,236.75 15,942,767.70 9,998,200.00 10,010,600.00 15,016,950.00 9,997,800.00 9,912,329.72 14,981,700.00 10,000,000.00 8,245,000.00 9,973,600.00 9,988,600.00 4,952,250.00 19,947,200.00 14,856,750.00 12,226,396.60 9,954,000.00 9,904,500.00 15,000,000.00 14,967,600.00 9,978,400.00 24,991,250.00 4,959,700.00 9,919,400.00 24,909,000.00 9,995,600.00 9,995,600.00 9,983,000.00 49,996,500.00 4,994,750.00 19,996,000.00 74,992,500.00 10,000,000.00 10,000,000.00 84,000.00 50,400.00 84,000.00 34,290.00 91,440.00 91,440.00 91,440.00 53,340.00 91,440.00 28,050.00 -22,763.25 -2,232.30 5,700.00 10,600.00 16,950.00 -2,200.00 -23,337.85 -18,300.00 0.00 0.00 -18,900.00 -11,400.00 -47,750.00 -37,800.00 -143,250.00 -199,874.40 -46,000.00 -88,000.00 9,000.00 -21,150.00 -11,600.00 -6,250.00 -40,300.00 -68,100.00 -85,675.00 -4,400.00 -4,400.00 -17,000.00 -2,075.00 -5,250.00 600.00 2,250.00 0.00 0.00 1.090 1.090 1.090 1.179 1.179 1.179 1.179 1.179 1.179 2.360 3.635 1.853 1.455 2.046 1,389 2.156 2.179 1.704 1.206 1.206 2.217 1.973 3.209 2.217 3.209 4.175 2.484 3.208 .977 2.237 2.236 1.282 3.392 3.391 2.455 3.441 3.441 2.497 .630 4.513 .958 .958 4.654 4.654 1.104 1.104 1.104 1.192 1192 1.192 1.192 1.192 1.192 2.414 3.696 1.860 1.455 2.055 1.395 2.167 2.189 1.707 1.208 1.208 2.225 1.978 3.233 2.225 3.233 4.233 2.493 3.233 .978 2.244 2.244 1.285 3.425 3.425 2.466 3.504 3.504 2.515 .627 4.633 .959 .959 4.786 4.786 .455 823,203,000.00 823,112,319.81 100.160718 824,526,038.60 1,413,718.79 W4 FARMER MAC 3132X0385 314228733 FAMCA 4.9Yr FAMCA 1.5Yr 06/30/2023 2.850 2.964 10/18/2021 .147 .147 10,000,000.00 50,000,000.00 9,947,900.00 104.542000 50,000,000.00 100.006000 10,454,200.00 50,003,000.00 506,300.00 3,000.00 1.683 .049 1.748 .049 .634 60,000,000.00 ' 59,947,900.00 100.762000 60,457,200.00 MUNI BONDS 419792014 .STATE OF HAWAII 01/01/2022 2.770 2.770 3,500,000.00 3,500,000.00 100.000000 3,500,000.00 826239GH2 SIER JT COM GO 08/01/2024 .354 .354 720,000.00 720,000.00 100.000000 720,000.00 826239FY6 SIER 3T COM GO 08/01/2024 .344 .344 500,000.00 500,000.00 100.000000 500,000.00 826239FX8 SIER37 COM GO 08/01/2023 .229 .229 260,000.00 260,000.00 100.000000 260,000.00 826239GF6 SIER 3T COM GO 08/01/2022 .179 .179 205,000.00 205,000.00 100.000000 205,000.00 826239FW0 SIER3T COM GO 08/01/2022 .179 .179 260,000.00 260,000.00 100.000000 260,000.00 801495201 SANTA CLARA USD GO 07/01/2022 .160 .160 8,770,000.00 8,770,000.00 100.000000 8,770,000.00 801495296 SANTA CLARA USD GO 07/01/2023 .210 .210 2,870,000.00 2,870,000.00 100.000000 2,870,000.00 797508358 SAN DIEGUITO USD GO 08/01/2022 .175 .175 425,000.00 425,000.00 100.000000 425,000.00 797508376 SAN DIEGUITO USD GO 08/01/2023 .275 .275 425,000.00 425,000.00 100.000000 425,000.00 79750819/3 SAN DIEGUITO USD GO 08/01/2023 .275 .275 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 797508H05 SAN DIEGUITO USD GO 08/01/2022 .175 .175 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 79773KHX5 CITY CNT SAN FRANSISCO GO 10/15/2021 .080 .080 13,000,000.00 13,000,000.00 100.000000 13,000,000.00 79773KGU2 CITY CNT SAN FRANSISCO GO 10/15/2021 .080 .080 35,000,000.00 35,000,000.00 100.000000 35,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 .251 2.818 2.818 1.831 .835 .835 .752 1.748 .835 1.829 1.829 .835 .041 .041 .255 2.838 2.838 1.836 .836 .836 .751 1.751 .836 1.836 1.836 .836 .041 .041 79773KFS8 CITY CNT SAN FRANSISCO GO 10/15/2021 .080 .080 18,000,000.00 18,000,000.00 100.000000 18,000,000.00 0.00 .041 .041 79773KGV0 CITY CNT SAN FRANSISCO GO 06/15/2022 .250 .141 29,250,000.00 29,277,495.00 100.094000 29,277,495.00 0.00 .707 .707 168520PZ1 CHICO USD GO 10/01/2021 .150 .150 1,205,000.00 1,205,000.00 100.000000 1,205,000.00 0.00 .003 .003 6753838Q4 OCESCD UNS GO 10/01/2021 .110 .110 1,750,000.00 1,750,000.00 100.000000 1,750,000.00 0.00 .003 .003 675383T58 OCESCD UNS GO 08/01/2022 .290 .290 125,000.00 125,000.00 100.000000 125,000.00 0.00 .834 .836 93974ETF3 STATE OF WASHINGTON GO 08/01/2024 .470 .470 14,995,000.00 14,995,000.00 100.000000 14,995,000.00 0.00 2.813 2.838 923035657 VENTURA COUNTY IRAN 07/01/2022 .250 .140 30,000,000.00 30,027,900.00 100.093000 30,027,900.00 0.00 .749 .751 923035857 VENTURA COUNTY IRAN 07/01/2022 .250 .141 15,000,000.00 15,016,350.00 100.109000 15,016,350.00 0.00 .749 .751 923035657 VENTURA COUNTY TRAN 07/01/2022 .250 .131 35,000,000.00 35,041,650.00 100.119000 35,041,650.00 0.00 .749 .751 8024987509 SANTA MONICA-MALIBU USD GO 08/01/2022 .142 .142 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 0.00 .835 .836 802498722 SANTA MONICA-MAI.IBU USD GO 08/01/2025 .669 .669 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 0.00 3.779 3.838 802498115 SANTA MONICA-MALIBU USD GO 08/01/2024 .396 .396 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 0.00 2.817 2.838 732098PT9 56781RKT3 56781RKQ9 799017X70 799017XS2 POMONA USD GO MARIN CMNTY CLG GO MARIN CMNTY CLG GO SAN MATEO USD GO SAN MATEO USD GO 11/01/2021 08/01/2025 08/01/2022 09/01/2023 09/01/2022 .160 .763 .176 .256 .166 .160 .763 .176 .256 .166 1,000,000.00 1,065,000.00 990,000.00 500,000.00 500,000.00 1,000,000.00 1,065,000.00 990,000.00 500,000.00 500,000.00 100.000000 100.000000 100.000000 100.000000 100.000000 1,000,000.00 1,065,000.00 990,000.00 500,000.00 500,000.00 0.00 0.00 0.00 0.00 0.00 .088 3.772 .835 1.913 .918 .088 3.838 .836 1.921 .921 COMM PAPER 78015DAA8 ROYAL BANK OF CANADA 01/10/2022 .170 .170 25,000,000.00 24,968,125.00 99.971944 24,992,986.11 24,861.11 .279 .279 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 565 12 Month End Portfolio Holdings 46640QCU3 46640QCU3 63763QCR6 63763QCR6 63763QCN5 46640QD81 03785DXM3 03785DXR2 03785DXT8 63763QAR8 641050X82 21687BBE0 2168700F7 63763QAC1 63763QAC1 89233GY42 03785EAC8 03785EAM6 74271U059 89233GXT8 63763QAC1 742710475 03785EAC8 74271UAA8 19416EYH4 JP MORGAN JP MORGAN NATL SEC CLEARING CORP NATL SEC CLEARING CORP NATL SEC CLEARING CORP ]P MORGAN APPLE APPLE APPLE NATL SEC CLEARING CORP NESTLE RABOBANKNY RABO BANK NATL SEC CLEARING CORP NATL SEC CLEARING CORP TOYOTA MOTOR CORP APPLE APPLE PROCTER & GAMBLE TOYOTA MOTOR CORP NATL SEC CLEARING CORP PROCTER & GAMBLE APPLE PROCTER & GAMBEL COLGATE-PALM 03/28/2022 03/28/2022 03/25/2022 03/25/2022 03/22/2022 04/08/2022 10/21/2021 10/25/2021 10/27/2021 01/25/2022 10/08/2021 02/14/2022 02/15/2022 01/12/2022 01/12/2022 11/04/2021 01/12/2022 01/21/2022 01/26/2022 10/27/2021 01/12/2022 01/07/2022 01/12/2022 01/10/2022 11/17/2021 .170 .170 .090 .090 .090 .170 .060 .060 .060 .060 .060 .110 .110 .070 .070 .080 .050 .050 .050 .070 .070 .050 .D50 .050 .050 .170 .170 .090 .090 .090 .170 .060 .060 .060 .060 .060 .110 .110 .070 .070 .080 .050 .050 .050 .070 .070 .050 .050 .050 .050 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 85,000,000.00 35,000,000.00 20,000,000.00 100,000,000.00 25,000,000.00 90,000,000.00 40,000,000.00 50,000,000.00 50,000,000.00 20,000,000.00 15,000,000.00 30,000,000.00 50,000,000.00 40,000,000.00 50,000,000.00 60,000,000.00 20,000,000.00 28,500,000.00 50,000,000.00 50,000,000.00 30,000,000.00 49,936,250.00 49,936,250.00 49,966,625.00 49,966,625.00 84,944,112.50 34,955,705.56 19,996,766.67 99,984,333.33 24,996,000.00 89,973,600.00 39,995,600.00 49,972,652.78 49,972,652.78 19,994,633.33 14,996,325.00 29,996,666.67 49,991,805.56 39,993,166.67 49,991,180.56 59,996,033.33 19,995,877.78 28,496,041.67 49,992,708.33 49,992,847.22 29,997,958.33 99.950556 99.950556 99.951389 99.951389 99.952222 99.947500 99.994444 99.993333 99.992778 99.967778 99.998056 99.962222 99.961994 99.971389 99,971389 99.990556 99.971389 99.968889 99.967500 99.992778 99.971389 99.972778 99.971389 99.971944 99.986944 49,975,277.78 49,975,277.78 49,975,694.44 49,975,694.44 84,959,388.89 34,981,625.00 19,998,888.89 99,993,333.33 24,998,194.44 89,971,000.00 39,999,222.22 49,981,111.11 49,980,972.22 19,994,277.78 14,995,708.33 29,997,166.67 49,985,694.44 39,987,555.56 49,983,750.00 59,995,666.67 19,994,277.78 28,492,241.67 49,985,694.44 49,985,972.22 29,996,083.33 39,027.78 39,027.78 9,069.44 9,069.44 15,276.39 25,919.44 2,122.22 9,000.00 2,194.44 -2,600.00 3,622.22 8,458.33 8,319.44 -355.55 -616.67 500.00 -6,111.12 -5,611.11 -7,430.56 -366.66 -1,600.00 -3,800.00 -7,013.89 -6,875.00 -1,875.00 .489 .489 .481 .481 .473 .519 .057 .068 .074 .320 .022 .375 .377 .285 .285 .096 .285 .309 .323 .074 .285 .271 .285 .279 .131 .490 .490 .482 .482 .474 .521 .058 .068 .074 .321 .022 .375 .378 .285 .285 .096 .285 .310 .323 .074 .285 .271 .285 .279 .132 .083 1,163,500,000.00 1,163,000,543.07 99.970155 1,163,152,755.54 NCDS 89114W305 TORONTO DOMINION 11/03/2021 .170 .170 115,000,000.00 115,000,000.00 100.000000 115,000,000.00 0.00 .093 .093 780120924 ROYAL BANK OF CANADA 11/17/2021 .160 .160 115,000,000.00 115,000,000.00 100.000000 115,000,000.00 0.00 .131 .132 780120H81 ROYAL BANK OF CANADA 11/24/2021 .170 .170 7,000,000.00 7,000,000.00 100.000000 7,000,000.00 0.00 .150 .151 89114W3Z6 TORONTO DOMINION 11/30/2021 .160 .160 7,000,000.00 7,000,000.00 100.000000 7,000,000.00 0.00 .167 .167 89114W6]9 TORONTO DOMINION 12/30/2021 .170 .170 15,000,000.00 15,000,000.00 100.000000 15,000,000.00 0.00 .249 .249 06367CE60 BMO YCD 11/08/2021 .170 .170 60,000,000.00 60,000,000.00 100.000000 60,000,000.00 0.00 .107 .107 06367CE52 BMO YCD 01/03/2022 .190 .190 60,000,000.00 60,000,000.00 100.000000 60,000,000.00 0.00 .260 .260 06367CE12 BMO 01/10/2022 .150 .150 25,000,000.00 25,000,000.00 100.000000 25,000,000.00 0.00 .279 .279 06367C819 BMO 10/04/2021 .090 .090 35,000,000.00 35,000,000.00 100.000000 35,000,000.00 0.00 .011 .011 89114WDK8 TORONTO DOMINION 10/08/2021 .080 .080 30,000,000.00 30,000,000.00 100.000000 30,000,000.00 0.00 .022 .022 7801204257 ROYAL BANK OF CANADA 02/22/2022 .130 .130 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .396 .397 78012UQ65 ROYAL BANK OF CANADA 03/22/2022 .130 .130 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .473 .474 780120Q73 ROYAL BANK OF CANADA 04/18/2022 .150 .150 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .547 .548 78012UR80 ROYAL BANK OF CANADA 05/06/2022 .160 .160 45,000,000.00 45,000,000.00 100.000000 45,000,000.00 0.00 .596 .597 655580F]6 NORDEA BK 02/22/2022 .130 .130 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .396 .397 655580E36 NORDEA BK 02/22/2022 .130 .130 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .396 .397 89114WEK7 TD YCD 05/16/2022 .170. .170 55,000,000.00 55,000,000.00 100.000000 55,000,000.00 0.00 .623 .625 89114WEM3 TORONTO DOMINION 01/20/2022 .110 .110 20,000,000.00 20,000,000.00 100.000000 20,000,000.00 0.00 .306 .307 655580FN7 NORDEA BK 11/18/2021 .990 .090 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .134 .134 65558UFL1 NORDEA BK 11/19/2021 .090 .090 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 0.00 .137 .137 655580E02 NORDEA OK 03/09/2022 .140 .140 30,000,000.00 29,999,998.84 99.999996 29,999,998.84 0.00 .437 .438 21684XQS8 RABO6ANK YCD 05/10/2022 .200 .160 30,000,000.00 30,008,603.09 100.028677 30,008,603,09 0.00 .607 .608 06417MNJ0 BANK OF NOVA SCOTIA 04/07/2022 .230 .160 2,200,000.00 2,200,963.86 100.043812 2,200,963.86 0.00 .517 .518 655580F56 NORDEA BK 11/23/2021 .080 .080 35,000,000.00 35,000,000.00 100,000000 35,000,000.00 0.00 .148 .148 89114WEW1 TORONTO DOMINION 01/24/2022 .100 .100 25,000,000.00 25,000,000.00 100.000000 25,000,000.00 0.00 .317 .318 89114WFB6 TORONTO DOMINION 11/29/2021 .090 .090 15,000,000.00 15,000,000.00 100.000000 15,000,000.00 0.00 .164 .164 89114WAL9 TORONTO DOMINION 10/12/2021 .120 .069 35,000,000.00 35,002,100.00 100.006000 35,002,100.00 0.00 .033 .033 780120029 ROYAL BANK OF CANADA 05/16/2022 .160 .160 25,000,000.00 25,000,000.00 100.000000 25,000,000.00 0.00 .623 .625 09114W041 TORONTO DOMINION 06/13/2022 .150 .150 30,000,000.00 30,000,000.00 100.000000 30,000,000.00 0.00 .700 .701 89114WGH2 TORONTO DOMINION 10/25/2021 .070 .070 30,000,000.00 30,000,000.00 100,000000 30,000,000.00 0.00 .068 .068 06367CM53 BMO YCD 06/23/2022 .150 .150 55,000,000.00 55,000,000.00 100.000000 55,000,000.00 0.00 .727 .729 .138 1,251,200,000.00 1,251,211,665.79 100.000932 1,251,211,665.79 IFC BONDS 45950VPQ3 IFC3.5Yr 08/22/2024 .250 .273 25,000,000.00 24,980,250.00 99.106000 24,776,500.00 -203,750.00 2.881 2.896 459500Q04 IFC 3Yr 09/23/2024 .440 .484 25,000,000.00 24,967,250.00 99.869000 24,967,250.00 0.00 2.957 2.984 .345 .379 50,000,000.00 49,947,500.00 99.487500 49,743,750.00 -203,750.00 2.919 2.940 .278 .280 9,563,653,483.59 9,562,128,367.46 99.968538 9,560,644,555.86 -1,483,811.61 1.175 1.191 Total Fund .278 .280 9,563,653,483.59 9,562,128,367.46 99.968538 9,560,644,555.86 -1,483,811.61 1.175 1.191 566 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 13 The Mission Inn, Downtown Riverside. Digital Image. The Mission Inn. http://www.missioninn.com/about-en.html COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR 567 COUNTY OF RIVERSIDE TREASURER -TAX COLLECTOR CAPITAL MARKETS COUNTY ADMINISTRATIVE CENTER 4080 LEMON STREET, 4TH FLOOR, RIVERSIDE, CA 92502-2205 WWW.COUNTYTREASURER.ORG AGENDA ITEM 6G RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 10, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer, Executive Director SUBJECT: Annual Investment Policy BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Adopt Resolution No. 21-021, "Resolution of the Riverside County Transportation Commission Regarding the Revised Investment Policy"; and 2) Adopt the revised annual Investment Policy. BACKGROUND INFORMATION: Section XIV of the Investment Policy requires an annual investment policy review and specifically states that the "Chief Financial Officer shall annually render to the Board a statement of investment policy, which the Board must consider at a public meeting. Any changes to the policy shall also be considered by the Board at a public meeting." Staff reviewed the Investment Policy approved by the Commission in August 2020, considered changes to the California Government Code as of November 2021, and throughout the year consulted with the Commission's investment managers, County Treasurer's Office, and municipal advisor in order to determine an appropriate level of changes primarily affecting the Commission's operating investment portfolio. At this time, staff recommends no changes to the Commission's investment policy. The investment policy continues to adhere to the Commission's investment objectives, in priority order, of safety, liquidity, and return on investment. Attachments: 1) Resolution No. 21-021 2) Investment Policy (draft) Agenda Item 6G 569 Approved by the Budget and Implementation Committee on November 22, 2021 In Favor: 9 Abstain: 0 No: 0 Agenda Item 6G 570 ATTACHMENT 1 RESOLUTION NO. 21-021 RESOLUTION OF THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION REGARDING THE REVISED INVESTMENT POLICY WHEREAS, the Riverside County Transportation Commission (the "Commission") currently retains the authority to add, delete or otherwise modify the Commission's policies and procedures. NOW, THEREFORE, the Riverside County Transportation Commission does hereby resolve as follows: Section 1. The Riverside County Transportation Commission hereby adopts the Investment Policy, as revised on December 8, 2021, and attached as Exhibit A. APPROVED AND ADOPTED this 8t" day of December, 2021. Jan C. Harnik, Chair Riverside County Transportation Commission ATTEST: Lisa Mobley Clerk of the Board 571 ATTACHMENT 2 Riverside Comity irnnsparwnrirrn Cnrnmission INVESTMENT POLICY I. Introduction The purpose of this document is to identify policies and procedures that enhance opportunities for a prudent investment program and to organize and formalize investment -related activities. II. Scope It is intended that this Policy cover all funds (except retirement funds) and investment activities under the direction of the Commission serving as the Riverside County Transportation Commission's governing board. Investment activities may be classified between operating and bond/debt portfolios. III. Delegation of Authority Pursuant to the Commission's Administrative Code, the Commission's management responsibility for the investment program is hereby delegated for a one-year period to the Executive Director who shall monitor and review all investments for consistency with this investment policy. Subject to review, the Commission may renew the delegation of authority pursuant to this section each year. The Executive Director may delegate these duties to a designee ("Chief Financial Officer"). The Commission may delegate its investment decision making and execution authority to an investment advisor. The advisor shall follow this Policy and such other written instructions as are provided. IV. Prudence All persons authorized to make investment decisions on behalf of the Commission are subject to the prudent investor standard. Investments shall be made with care, skill, prudence and diligence under circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the Commission that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the Commission. Authorized individuals acting in accordance with this Policy and written procedures and exercising due diligence shall be relieved of personal responsibility for an individual Revised December 8, 2021 572 security's credit risk or market price changes, provided deviations from expectations are reported in a timely fashion. V. Objective The Commission's primary investment objectives, in priority order, shall be: 1. Safety. Safety of principal is the foremost objective of the investment program. Investments of the Commission shall be undertaken in a manner that seeks to ensure preservation of capital in the portfolio. 2. Liquidity. The investment portfolio of the Commission will remain sufficiently liquid to enable the Commission to meet its cash flow requirements. 3. Return on Investment. The investment portfolio of the Commission shall be designed with the objective of maximizing return on its investments, but only after ensuring safety and liquidity. The Commission may from time to time sell securities that it owns in order to better reposition its portfolio assets in accordance with updated cash flow schedules, yield opportunities existing between market sectors, or simply market timing. VI. Investments California Government Code Section 53601 governs the investments permitted for purchase by the Commission. Within the investments permitted by Code, the Commission seeks to further restrict eligible investments to the investments listed in Section VI.1 below. Percentage limitations, where indicated, apply at the time of purchase. Percentage holdings with any one non-U.S. Government issuer or non -Federal Agency issuer are further restricted to a maximum of 10% (direct and indirect commitments), except as otherwise noted. Rating requirements where indicated, apply at the time of purchase. In the event a security held by the Commission is subject to a rating change that brings it below the minimum specified rating requirement, the Chief Financial Officer shall be authorized to act immediately and to notify the Commission of any actions taken in regards to the security. The course of action to be followed will then be decided on a case -by -case basis, considering such factors as the reason for the rating drop, prognosis for recovery or further rating drops, and the market price of the security. Revised December 8, 2021 573 1. Eligible Investments A. U.S. Government Issues. United States Treasury notes, bonds, bills, or certificates of indebtedness, or those for which the faith and credit of the United States are pledged for the payment of principal and interest. B. Federal Agency Securities. Federal agency or United States government - sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government -sponsored enterprises. C. Supranational Obligations. Obligations issued, or unconditionally guaranteed, by the following supranational institutions: 1. International Bank for Reconstruction and Development; and 2. International Finance Corporation. Such securities must have a maximum maturity of four (4) years and ratings from at least one Nationally Recognized Statistical Rating Organization (NRSRO) as follows: at least "Aa/AA/or AA" which denotes "Aa2" by Moody's Investors Service (Moody's), or "AA" by S&P Global Ratings (S&P), or "AA" by Fitch Ratings (Fitch); or as otherwise approved by the Commission. Investments in supranational obligations are limited to a maximum of 20% of Commission funds with no more than 10% of funds invested in any one supranational institution. D. Municipal Bonds. Registered treasury notes or bonds of any of the other 49 United States, in addition to California, 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 United States, in addition to California. Such securities must have a maximum maturity of five (5) years and ratings from at least one NRSRO as follows: at least "A1/A+/or A+"; or as otherwise approved by the Commission. Registered general obligation treasury notes or bonds of any of the 50 United States. Such securities must have a maximum maturity of five (5) years and ratings from at least one NRSRO as follows: at least "A1/A+/or A+" or as otherwise approved by the Commission. Taxable or tax-exempt bonds, notes, warrants, or other evidences of indebtedness of any local agency within the State of California with a maximum maturity of five (5) years and ratings from at least one NRSRO Revised December 8, 2021 574 as follows: at least "A1/A+/or A+" (the minimum rating shall apply to the local agency, irrespective of any credit enhancement), including bonds, notes, warrants, or other evidences of indebtedness payable solely out of the revenues from a revenue -producing property owned, controlled, or operated by either the local agency, a department, board, agency, or authority of the local agency, or of any local agency within this state. Investments in municipal bonds are further limited to 25% of the Commission's funds. E. Tri-Party Repurchase Agreements. Tri-party repurchase agreements are to be used solely as short-term investments not to exceed 30 days. The Commission may enter into tri-party repurchase agreements with primary government securities dealers rated "A" or better by two NRSROs. Counterparties should also have (i) a short-term credit rating of at least P - 1/A -1/ or F-1; (ii) minimum assets and capital size of $25 billion in assets and $350 million in capital; (iii) five years of acceptable audited financial results; and (iv) a strong reputation among market participants. The following collateral restrictions will be observed: Only U.S. Treasury securities or Federal Agency securities, as described in V.1 A and B, will be acceptable collateral. All securities underlying tri-party repurchase agreements must be delivered to the Commission's custodian or fiscal agent bank versus payment or be handled under a properly executed tri- party repurchase agreement. The total market value of all collateral for each tri-party repurchase agreement must equal or exceed 102% of the total dollar value of the money invested by the Commission for the term of the investment. For any tri-party repurchase agreement with a term of more than one day, the value of the underlying securities must be reviewed on an on -going basis according to market conditions. Market value must be calculated each time there is a substitution of collateral. The Commission or its trustee shall have a perfected first security interest under the Uniform Commercial Code in all securities subject to tri-party repurchase agreement. The Commission shall have properly executed a PSA agreement with each counterparty with which it enters into tri-party repurchase agreements. F. U.S. Corporate Debt. Medium -term notes, defined as all corporate and depository institution securities with a maximum remaining maturity of five (5) years or less, issued by corporations organized and operating within the United States or depository institutions licensed by the United States or any state and operating within the United States. Eligible investment shall be rated at least "A1/A+/ or A+" by at least one NRSRO. Revised December 8, 2021 575 Investments in U.S. Corporate Debt are further limited to 25% of the Commission's funds. G. Commercial Paper. Commercial paper rated in the highest category by one or more nationally recognized statistical rating organization (NRSRO). The entity that issues the commercial paper shall meet all of the following conditions in either paragraph (1) or paragraph (2): (1) The entity meets the following criteria: (A) Is organized and operating in the United States as a general corporation. (B) Has total assets in excess of five hundred million dollars ($500,000,000). (C) Has debt other than commercial paper, if any, that is rated "A" or higher by at least one NRSRO. (2) The entity meets the following criteria: (A) Is organized within the United States as a special purpose corporation, trust, or limited liability company. (B) Has program -wide credit enhancements, including, but not limited to, over collateralization, letters of credit, or surety bond. (C) Has commercial paper that is rated at least "P-1/A-1/or F-1", or the equivalent, by at least one NRSRO. Purchases of eligible commercial paper may not exceed 270 days maturity nor represent more than 10% of the outstanding paper of an issuing corporation. Investments in commercial paper are limited to a maximum of 25% of the Commission's funds. H. Banker's Acceptances. Banker's acceptances issued by domestic or foreign banks, which are eligible for purchase by the Federal Reserve System. Purchases of banker's acceptances may not exceed 180 days maturity. Eligible banker's acceptances are restricted to issuing financial institutions with short-term paper rated in the highest category by one or more nationally recognized rating service. Investments in banker's acceptances are further limited to 40% of the Commission's funds with no more than 30% of the Commission's funds invested in the banker's acceptances of any one commercial bank. I. Money Market Mutual Funds. Shares of beneficial interest issued by diversified management companies that are money market funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. Sec. 80a-1, et seq.) and that invest solely in U.S. treasuries, obligations of the U.S. Treasury, and repurchase agreements relating to such treasury obligations. The Commission may invest in shares of beneficial interest issued by a company that shall have met either of the following criteria: (1) Attained Revised December 8, 2021 576 the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized rating services. (2) Retained an investment adviser registered or exempt from registration with the Securities and Exchange Commission with not less than five years' experience managing money market mutual funds with assets under management in excess of five hundred million dollars ($500,000,000). The purchase price of shares of beneficial interest purchased pursuant to this subdivision shall not include any commission that the companies may charge. Investments in Money Market Mutual Funds are further limited to 20% of the Commission's funds. J. Riverside County Pooled Investment Fund ("RCPIF"). The Commission may invest in the Riverside County Pooled Investment Fund. As on -going due diligence, the Chief Financial Officer shall obtain the information listed below: • A description of eligible investment securities and a written statement of investment policy. • A description of the interest calculation, the frequency of interest distributions, and the treatment of gains and losses in the portfolio. • A description of how often the securities are priced, how the securities are safeguarded, and the audit arrangements. • A description of who may invest in the program, how often they may invest, and what size deposits and withdrawals are allowed. • A schedule for receiving statements and portfolio listings. • A fee schedule, and when and how fees are assessed. • The composition of the investment fund for each reporting period. K. State of California Local Agency Investment Fund ("LAIF"). The Commission may invest in LAIF. As on -going due diligence, the Chief Financial Officer shall obtain the information listed below: • A description of eligible investment securities and a written statement of investment policy. • A description of the interest calculation, the frequency of interest distributions, and the treatment of gains and losses in the portfolio. • A description of how often the securities are priced, how the securities are safeguarded, and the audit arrangements. • A description of who may invest in the program, how often they may invest, and what size deposits and withdrawals are allowed. Revised December 8, 2021 577 • A schedule for receiving statements and portfolio listings. • A fee schedule, and when and how fees are assessed. • The composition of the investment fund for each reporting period. L. Certificates of Deposit. Negotiable Certificates of Deposit (NCD's): NCDs are money market instruments issued by a bank. They specify that a sum of money has been deposited, payable with interest to the bearer of the certificates on a certain date. NCDs are issued by nationally or state chartered bank or state or federal savings and loan association. All purchases must be from institutions rated the highest letter and number rating (e.g., P-1/A-1/or F- 1) as provided for by at least one NRSRO, as designated by the U.S. Securities and Exchange Commission. The maturity of NCDs shall not exceed one (1) year to maturity, and purchases of NCDs shall not exceed 30% of the Commission's investment portfolio. NCDs shall be evaluated in terms of the creditworthiness of the issuing institution, as these deposits are uninsured and uncollateralized promissory notes. FDIC -insured Certificates of Deposit: The principal amount of the investment must be federally insured through the Federal Deposit Insurance Corporation (FDIC). No more than the prevailing FDIC insured coverage amount may be invested with any one deposit. Certificates of Deposit placed through the Certificate of Deposit Account Registry Service (CDARS) shall be considered fully insured, assuming that the total amount invested with any participating bank is limited to the prevailing FDIC insured coverage amount. Interest on the principal must be paid to the Commission at least annually. The placement of Certificates of Deposit with local banks that qualify in accordance with Government Code section 53601(h) is encouraged. The Commission, at its discretion, may invest a portion of its funds in certificates of deposit at a commercial bank, savings bank, savings and loan association, or credit union using a private sector entity to assist in the placement of such certificates, provided that it complies with Government Code Section 53601.8. Such investments may not exceed in total 20% of the Commission's funds invested pursuant to Government Code Sections 53601.8, 53635.8 and 53601, and shall have a maximum maturity of one (1) year from the date of the deposit. Collateralized Certificates of Deposit: For investments exceeding $100,000, there will be a waiver of collateral for the first $100,000 deposited and protected by FDIC insurance. The remainder of the deposit shall be fully collateralized by U.S. Treasury and Federal Agency securities having maturities less than five years. The Commission must receive written confirmation that these securities have been pledged in Revised December 8, 2021 578 repayment of the time deposit. The securities pledged as collateral must have a current market value greater than the dollar amount of the deposit in keeping with the ratio requirements specified in Section 53652 of the Government Code. Additionally, a statement of the collateral shall be provided to the Commission on a monthly basis. Such investments may not exceed in total 15% of the Commission's funds invested pursuant to Government Code Sections 53601.8, 53635.8 and 53601, and shall have a maximum maturity of one (1) year from the date of the deposit. M. Time Deposits. Federal Deposit Insurance Corporation insured money market savings accounts or time deposits which are deposited through depository institutions which are participants of the Money Market Insured Deposit Account Service ("MMIDAS"). N. Mortgage and Asset -backed Securities. Any mortgage pass -through security, collateralized mortgage obligation, mortgage -backed or other pay -through bond, equipment lease -backed certificate, consumer receivable -backed bond of a maximum maturity of five (5) years. Securities eligible for investment under this subdivision shall be issued by an issuer and rated at least "A3/A-/or A-" for the issuer's debt as provided by at least one NRSRO and rated in the rating category of "AAA" or its equivalent (excluding U.S. Government/Agency-backed structured products which will be permitted with their prevailing ratings even if those ratings are below the rating category of "AAA") by at least one NRSRO. Purchase of these securities may not exceed 10% of the Commission's operating investment portfolio. 2. Eligible Investments for Bond Proceeds Bond proceeds shall be invested in securities permitted by the applicable bond documents. If the bond documents are silent as to permitted investments, bond proceeds will be invested in securities permitted by this Policy. With respect to maximum maturities, the Policy authorizes investing bond reserve fund proceeds beyond the five (5) years if prudent in the opinion of the Chief Financial Officer. 3. Ineligible Investments The Commission shall not invest any funds in the types of securities as provided in California Government Code Section 53601.6. Revised December 8, 2021 579 The purchase of any security not listed in Section VI.1 above, but permitted by the California Government Code, is prohibited unless the Commission approves the investment either specifically or as a part of an investment program approved by the Commission. VII. Maximum Maturities Maturities of investments will be selected to provide necessary liquidity, minimize interest rate risk, and maximize earnings. Current and expected yield curve analysis will be monitored and the portfolio will be invested accordingly. Because of inherent difficulties in accurately forecasting cash flow requirements, a portion of the portfolio should be continuously invested in readily available funds. Where this Policy does not specify a maximum remaining maturity at the time of the investment, no investment shall be made in any security, other than a security underlying a repurchase or reverse repurchase agreement authorized by this section, that at the time of the investment has a term remaining to maturity in excess of five (5) years. VIII. Performance Standards The Chief Financial Officer shall continually monitor and evaluate the portfolio's performance. IX. Reporting The Chief Financial Officer shall prepare and provide to the Commission and the Executive Director, within 60 days following the end of the quarter, a portfolio report, which includes the following information: • Type of investment • Name of issuer • Date of maturity • Date of purchase • Par value • Original purchase cost • Call date (if applicable) • Current market value of securities • Unrealized market value gain/loss • Coupon rate, if applicable • Yield to maturity • Credit quality, as determined by one or more NRSROs, of each investment • Average duration of portfolio Revised December 8, 2021 580 • Listing of all investment transactions during the quarter • A statement that the portfolio complies with the investment policy, or the manner in which the portfolio is not in compliance • A statement denoting the ability of the Commission to meet its liquidity requirements for the next six months, or provide an explanation as to why sufficient money shall, or may not be, available. X. Investment Procedures The Chief Financial Officer, as the Commission's designee, is responsible for ensuring compliance with the Commission's investment policies and establishing written procedures and internal controls for the operation of the investment program. No person may engage in investment transactions except as provided under the terms of this Policy and the written procedures established by the Chief Financial Officer. The written procedures should address: delegation of authority to subordinate staff members, control of collusion, separation of transaction authority from accounting and record keeping, written confirmations of transactions, reconciliation of custody statements, and wire transfer procedures and agreements. An independent analysis by an external auditor shall be conducted annually to review internal control, account activity, and compliance with policies and procedures. XI. Authorized Broker Dealers and Financial Institutions The Chief Financial Officer shall maintain a list of authorized broker/dealers and financial institutions which are approved for investment purposes. It shall be the Commission's policy to purchase securities only from those authorized institutions and firms. Separate lists shall be maintained for broker/dealers and financial institutions approved for repurchase agreements and those approved for the purchase of other securities. If an investment advisor is used, they may use their own list of approved broker/dealers and financial institutions for investment purposes. To be eligible, a firm must meet the following minimum criteria: (i) an institution licensed by the state as a broker -dealer, or from a member of a federally regulated securities exchange, from a national or state -chartered bank, from a federal or state association or from a brokerage firm designated as a primary government dealer by the Federal Reserve bank; and (ii) all broker/dealer firms and individuals must be properly registered with the NASD and/or SEC to transact business in the relevant geographic locations and product sectors. In addition, counterparties for Repurchase Agreements shall be limited to primary government securities dealers rated "A" or better by two NRSROs. Counterparties shall also have (1) a short-term credit rating of at least P-1/A-1/or F-1; (ii) minimum assets and capital size of $25 billion in assets and $350 million in capital; (iii) five years of acceptable audited financial results; and (iv) a strong reputation among market participants. Revised December 8, 2021 581 The Chief Financial Officer shall select broker/dealers and other financial institutions on the basis of the firm's expertise and creditworthiness. The Commission shall annually send a copy of the current investment policy to all dealers approved to do business with the Commission. Each broker/dealer or financial institution that has been authorized by the Commission shall be required to submit and annually update a Broker/Dealer Questionnaire which includes the firm's most recent financial statements. The Chief Financial Officer shall maintain a file for each firm approved for investment purposes, which includes the most recent Broker/Dealer Questionnaire. XII. Safekeeping and Custody To protect the Commission's assets, all securities owned by the Commission shall be held in safekeeping in the Commission's name by a third party bank trust department, acting as agent for the Commission under the terms of a custody agreement executed by the bank and the Commission. All securities will be received and delivered using standard delivery versus payment (DVP) procedures; the Commission's safekeeping agent will only release payment for a security after the security has been properly delivered. Physical delivery securities shall be avoided whenever possible, as book entry securities are much easier to transfer and account for since actual delivery of a document never takes place. In addition, delivered securities must be properly safeguarded against loss or destruction. The potential for fraud and loss increases with physically delivered securities. XIII. Ethics and Conflicts of Interest The Commission adopts the following policy concerning conflicts of interest: 1. Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program or which could impair their ability to make impartial investment decisions. 2. Officers and employees involved in the investment process shall disclose any material financial interest in any financial institution that conducts business with the Commission, and they shall further disclose any large personal financial/investment positions that could be related to the performance of the Commission's portfolio. 3. Officers shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the Commission. Revised December 8, 2021 582 XIV. Investment Policy Review The Chief Financial Officer shall annually render to the Commission a statement of investment policy, which the Commission must consider at a public meeting. Any changes to the policy shall also be considered by the Commission at a public meeting. Revised December 8, 2021 583 AGENDA ITEM 6H RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Marla Dye, Senior External Affairs Management Analyst Cheryl Donahue, Public Affairs Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Public Engagement Metrics Report, July — September 2021 BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Public Engagement Metrics Report for July — September 2021. BACKGROUND INFORMATION: Staff continues to measure public engagement activities and prepare Quarterly Public Engagement Metrics Reports for the Commission, a practice that began in April 2018. This report covers the third quarter of 2021, from July to September. The quarterly reports are a data -driven approach to monitor the Commission's progress toward public engagement goals, to analyze the effectiveness of its efforts, and to provide transparency into how the Commission is using its resources to engage with the public. This quarter's report includes six sets of data: 1) Metrics for RCTC's overall public engagement activities, including website use and access; website top pages visited; email notifications; overall public sentiment on social media; and social media followers, engagement, and reach 2) Metrics for the Route 60 Truck Lanes Project including email activity, website sessions, and social media 3) Metrics for the 1-15 Railroad Canyon Interchange Project including email activity, website sessions, text messages, and social media 4) Metrics for the 1-215 Placentia Avenue Interchange Project including email activity, website sessions, and social media 5) Metrics for the 91 Corridor Operations Project including email activity, website sessions, and social media 6) Metrics for RCTC's 15/91 Express Lanes Connector Project including email activity, website sessions, and social media This report highlights public engagement activity and includes a summary graphic. The metrics showed small increases across platforms and mixed sentiment. Of note is that RCTC had minimal Agenda Item 6H 584 paid social media advertising this quarter, which may be the cause of declines in social media engagement and website activity. RCTC Overall Public Engagement 1) Website a. For the quarter, there were 39,565 website visits, a 1.9% decrease from last quarter's 40,329 visits. There also were 29,814 unique users, a growth of 4.1% compared to the previous quarter's 28,653 unique users. b. Most visitors (41.9%) used organic search engines to reach the website, the same number as those who used a direct search (keying in rctc.org) at 41.9%. Others accessed via social media (7%) and website referrals (8.3%). c. Website access via desktop versus mobile device changed significantly from the previous quarter. Visits were 58% via desktop and 42% via mobile device. During the previous quarter, 46% used desktop, compared to 54% mobile. d. The homepage continues to be the most frequently visited page, followed by The Point news blog, 15/91 Express Lanes Connector Project page, and the Employment page. 2) Social Media a. Facebook: At the end of the quarter, the Facebook page had 9,900 likes, no change from the previous quarter. The page had 1,541 forms of engagement, such as likes, comments and shares, an 30% decrease from last quarter's 2,200 forms of engagement. Facebook has changed the reporting statistics to no longer reflect Impressions on organic posts. Instead, Facebook now is using Reach to show the number of unique users who saw content from RCTC. Reach was 117,547 unique users for the quarter. b. Twitter: RCTC's Twitter page showed a 1% increase in followers, from 1,330 to 1,340. Engagement decreased by 20%, from 1,054 to 843. Impressions declined by 16% from 47,107 to 39,354. c. Instagram: Instagram followers grew 5%, from 975 to 1,019. Engagement increased 3%, from 610 forms of engagement to 631. Since Instagram is operated by Facebook, the reporting metric also changed from Impressions to Reach. This quarter's Reach was 49,636 unique users. d. Overall, public sentiment was positive. Engagement was positive on posts related to current construction projects and the history of Measure A. 3) RCTC's The Point: RCTC continues to produce content for its online blog, The Point, and distributes this information and other news via email to subscribers. RCTC's subscribers reduced to 3,986 a 1% decrease from 4,014, due in part to database updates from retirements and other job changes. A total of 30% of the e -newsletter subscribers opened The Point, and 6% clicked on links to learn more. Agenda Item 6H 585 Route 60 Truck Lanes Construction Public Engagement 1) Emails: Total email sign-ups since the project began grew to 342. This is a .9% increase over the 339 sign-ups received through the end of last quarter. There also have been a total of 235 email inquiries, a 2.2% increase over the 230 inquiries through the end of last quarter. 2) Website: Total website visits since grew to 22,401, an 6% increase from the 21,116 visits through the end of last quarter. 3) Social Media: The project's Facebook, Twitter, and Instagram accounts all showed increases. The Facebook page grew to 1,040 likes from 1,016 likes last quarter, a 2.4% increase. Twitter increased from 109 followers to 113 followers, a 3.7%. Instagram followers grew 6.5% from 353 to 376. 1-15 Railroad Canyon Interchange Public Engagement 1) Emails and Texts: Total email sign-ups since the project began grew to 285. This is a 3.6% increase over the 275 sign-ups received through the end of last quarter. A total of 592 people registered to receive texts, an 8.2% jump over the 547 sign-ups through the end of last quarter. There were 10 email inquiries for a total of 29 since the project started. 2) Website: Total website visits since project inception grew to 12,677, a 14% climb from the 11,114 visits through the end of last quarter. 3) Social Media: The project's social media accounts all showed gains. The Facebook page grew to 1,012 likes from 971 likes last quarter, a 4.2% increase. Twitter grew by 20% from 35 to 42 followers. Instagram followers increased 24.7% from 392 to 489. 1-215 Placentia Interchange Public Engagement 1) Emails: Total email sign-ups since the project began grew to 868. This is a 28.2% increase over the 677 sign-ups received through the end of last quarter. There have been 16 email inquiries since the start of construction in August 2020. 2) Website: Total visits to the rctc.org/placentia webpage grew to 3,387, a 45.5% increase from the 2,327 visits through the end of last quarter. 3) Social Media: This project does not have a designated social media account. The RCTC social media accounts, @theRCTC, are being used for this project. Total social media post engagements totaled 3,088 for this quarter. 91 Corridor Operations Project Public Engagement 1) Emails: Email sign-ups during the last quarter totaled 2,477. This is a decrease of 1%. Seventeen email inquiries were received by the project team since the start of the project. 2) Website: Visits to the rctc.org/91cop webpage grew to 1,561 from the 994 visits from the last quarter, a 57% increase. Agenda Item 6H 586 3) Social Media: This project does not have a designated social media account. The RCTC social media accounts, @theRCTC, are being used for this project. Total social media post engagements totaled 559 for this quarter. 15/91 Express Lanes Connector Project Public Engagement 1) Emails: Email sign-ups during the last quarter totaled 2,809. This is a decrease of .5%. The project team received 7 email inquiries. 2) Texts: A total of 161 people registered to receive texts, an 164% jump over the 61 sign- ups through the end of last quarter. 3) Website: Visits to the rctc.org/15-9lconnector webpage grew to 8,934 from 5,714 visits from the quarter, an increase of 56%. 4) Social Media: The project's social media accounts all showed gains. The Facebook page grew to 2,798 likes from 2,778 likes last quarter, a .7% increase. Twitter grew by 2.7% from 293 to 301 followers. Instagram followers increased 4.6% from 600 to 628 followers. Attachments: 1) RCTC Overall Public Engagement Metrics 2) Route 60 Truck Lanes Construction Public Engagement Metrics 3) 1-15 Railroad Canyon Interchange Construction Public Engagement Metrics 4) 1-215 Placentia Interchange Construction Public Engagement Metrics 5) 91 Corridor Operations Project Construction Public Engagement Metrics 6) 15/91 Express Lanes Connector Construction Public Engagement Metrics Agenda Item 6H 587 Public Engagement Metrics: Q3 Overall Social Media Sentiment 5 4 3 • 2 0 -2 7/1 7/8 7/15 7/22 7/29 8/5 8/12 8/19 8/26 9/2 9/9 9/16 9/23 9/30 7/22 (+) Ads informing about Placentia Ave. bridge closure spiked positive engagement 8/11 (+) Positive response to 60 Truck Lanes and 1-15 Railroad Canyon posts 8/23 (+) Positive sentiment in response to organic social posts about 15 Express Lanes, 15/91 ELC, and Measure A Social Media Eblasts Subscribers 3,986 Average Open 30% Average Click 6% Instagram Followers 1,019 Engagement 631 Reach* 49,636 *Facebook/Instagram is no longer reporting on impressions for organic social media posts. 588 Reach is now the standard metric. Reach provides the number of unique users who saw content from RCTC. ATTACHMENT 1 July - Sept 2021 39,565 Number of -/.9% Sessions Top Channels 29,814 Number of 4.1/0 Unique Users Direct (41.9%) - 12,710 Organic (41.9%) - 12,719 Social (7%) - 2,116 Referral (8.3%) - 2,521 Differences Advertising was minimal during Q3. Top Pages Visited Homepage is #1 most visited page 2 News 3 15-91 Express Lanes Connector Project 4 Employment Desktop vs Mobile Users Desktop Mobile 42% • State Route 60 State Route 60 .1 �..1V `CII MZ0 r l UvI C.. TRUCK LANES Quarterly "At -a -Glance" Metrics Report Email & Text Sign -Ups Number of Sign -Ups 350 300 250 200 150 100 50 0 61 — ■ 263 285 291 299 315 322 332 339 342 \Q 00 `l0 ,10 ti0 ti^ '�^ ti^ �Q `I, cl, j ,,,10 G,tO c,10 c19 I, r O Qe e�`a )O c e9 Qe 4.1) )J c eQ v , P -9.‘ V V. 06c )ao PQc' � PQc' Website Sessions 1 w 0 0 w 25000 — 20000 15000 10000 5000 6,715 1,414 0 —� 9,992 22,401 21,116 19,493 17,232 15,816 14,318 12,850 1 I ry0,�Q ti0�Q )'>c �eQ� `L01' LOg' L01' I ti01' 0,00'' q, 01N J .Q 'c c. .c /cs Qa. ce/ PQ'' )J/ Emails to Project Team ATTACHMENT 2 May 2019 - Sept 2021 Number of Emails 250 — 200 150 100 50 0- 67 170 157 144 I 187 199 227 230 235 213 1 ,NCI tiO e ti0„0 ti0�0 ti0�0 ti0�0 ti0�� �OL�/ ti0�� cp, 4S\ )`' 06L )ac PQc ,\ O )e/ Social Media Likes/Follows Number of Likes/Follows 1200 — 1000 800 600 400 200 115 — 3 314 454 576 799 729 - 874 4 966 1,016 1,040 �q ,:9 ) NQ 0 0) ti0 O O O/ O O O. c�e9''` QeG / 0 c, 589 • Facebook Page Likes • Twitter Followers • Instagram Followers ATTACHMENT 3 Interstate 15 RAILROAD CANYON INTERCHANGE Quarterly " At -a -Glance" Metrics Report Email & Text Sign -Ups Number of Sign -Ups 800 700 600 500 400 300 200 100 0 — 208 194 . 1 351 234 592 547 285 457 484 275 246 256 ■ I I )o� geQ Qeo mat )J� # PQt, 067 Sao P9t•a� ,, • Email Sign -Ups • Text Sign -Ups ��� J� cp< Qeo:19 fat )�� Qtr °� 0 5a. P9t, Website Sessions Total Website visits to Date 15000 — 12000 9000 6000 3000 0 4,230 6,769 1 8,279 1 12,677 11,114 9,700 rie ,fry° 15)1' �O,L� �ot�b �OtO �otq �otq Qeo 4.at )moo at e�� �o ceQ Qeo `,'§ )Jr PQt ,J\ h O6 Sao P -9t ar J 9c v' O6, Sao PQt, 590 Emails to Project Team Apr 2020 - Sept 2021 Number of Emails 30 25 20 15 10 5 10 14 1 15 29 co N9 \ „cb \\cb \cb ' „c5 ,...., t Oeo fat ,Spy e e<2'` c eQ Oeo fat )`) O a' PQia���j� PQi �\ OLc �a� ,' Pct Social Media Likes/Follows Number of Likes/Follows 1200 — 1000 — 946 971 1 012 850 836 800 600 400 200 0'- 803 �O t• O ry0 y0 y0 y0 ,y0 qO �at V§S J� eQ ec ,§ ) ;; , of 't 06' / �a° PQt a� o Qj ��\r Oo` �a� /QQj Facebook Page Likes • Twitter Followers • Instagram Followers Mid County Parkway PLACENTIA INTERCHANGE Email Sinn-Unc 1-215 PlaLei ici InLerulaflye irrujet.L Quarterly "At -a -Glance" Metrics Report Number of Sign -Ups 1000 800 600 400 200 0 327 — 155 — ■ 1 499 677 868 o lc°�0 c°�� �°r �°`L fee Oe 4.a, )o see,- )` 5e' pe 4\ )°.! PQ. ) O` )ate PQ� Wahcita Saccinnc Total Website visits to Date 3500 — 3000 — 2500 — 2000 — 1500 — 1,243 1000 — 500 — 488 0 —■ 1,757 1 2,321 3,387 11111 °ti° °ti° °1, l °�,) °g) °NcL ti ti ti ti ti ti `1, 5ee� oec , fat )J� 5ee� )J� „pc' 0. )J\ O )ate Pet )J\ O/ Finailc +n Prniar+ Taam ATTACHMENT 4 Jul 2020 - Sept 2021 Number of Emails 20 15 10 5 3 1 0 —1 7 11 I 16 0 See Oe 4a ) CDee ' )ao Pe. cb 1,9 19 L°N L°^N 1° Q 1°n, )mac fee pe� Say )moo / , Pet )J O o Pet ` \ Cnrinl Marlin Pnc+ Fnnnnaman+c Number of Post Engagements 3500 — 3000 2500 2000 1500 1000 500 2,016 0— I 3,088 2,827 2,915 _ 2,623 �at oee )J� Gee� )� c7ee Qeo ‘.\\et 06 )ao Pet 591 ATTACHMENT 5 State Route 91 CORRIDOR OPERATIONS PROJECT State Route 91 Corridor operations rrcie.. Quarterly "At -a -Glance" Metrics Report Email Sign -Ups 3000 2500 2000 1500 1000 500 0'- 2,527 2,504 2,477 ^ti°° ^ ^ ti° ti°� ^ r19 Q ^Q c Cs Q O°` , c' )a PQ O 1a P9' Website Sessions Total Website visits to Date 2000 1500 1000 500 0 552 994 1 1,561 lac �J� fee Oec ma Oc �Jc )ac Pet, `er Emails to Proiect Team Nov 2020 - Sept 2021 Number of Emails and Calls 20 15 10 5 0 10 1 11 I 17 V ��o e9,- �ac �Jc gee Oe- �a �Cs c o� \ ,ac Pei ,J\, O6 Sao Pei, Snrin! Marlin Pnct Fnnanamantc 600 — .. M E 500 400 W 300 0 a c 200 E 100 Z 0 445 499 559 O^� ON0 / ON O�0 ti ti' ti "a/ �� fee Oea O 92 15/91 EXPRESS LANES CONNECTOR Frnail dL Text Aloe* Sinn -111,1c 15/91 Express Lanes Connector Project Quarterly "At -a -Glance" Metrics Report Number of Sign -Ups 3000 2500 2000 1500 1000 500 - 2,825 2,809 0 k_ at )�� c.,eQ Qeo 4„'D. )Jc O`er )ao P'Q` • Email Sign -Ups Text Sign -Ups Website Sessions Total Website visits to Date 10000 — 8000 6000 4000 2000 0 _5,714 I 8,834 ,11, ,,r1, ry0 rlON tiON �o^Q �o^Q ,e — c,eQ Deg lac )Jc )a PQ ) O )a' P Emails to Proiect Team ATTACHMENT 6 Apr - Sept 2021 Number of Emails and Calls 8^ 7 6 5 4 3 2 1 0 3 7 w b w w a a U V V r9 V ti> ti`)/ 4"7" )mac C7 Oe� \ 06` )a° P9 Social Media Followers Number of Post Engagements 3000 —2,778 2,798 2500 2000 1500 1000 500 0 I r01', r, v� ? ,� �� ! ,q) �o yo do ,yo yo �yo ,\<ai 593 • Facebook Followers m Instagram Followers Twitter Followers AGENDA ITEM 61 RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Jillian Guizado, Planning and Programming Director THROUGH: Anne Mayer, Executive Director SUBJECT: City of Temecula Funding Request for Construction of the Interstate 15 Auxiliary Lane Project WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve programming $3.5 million of Transportation Uniform Mitigation Fee (TUMF) Community Environmental Transportation Acceptability Process (CETAP) funds for the city of Temecula's (Temecula) Interstate 15 (1-15) Auxiliary Lane Project (ALP); 2) Approve Agreement No. 22-73-032-00 between the Commission and Temecula for the programming of $3.5 million of TUMF CETAP for the construction phase of the 1-15 ALP; and 3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement. BACKGROUND INFORMATION: The 1-15, through Temecula, carries 164,000 vehicles and trucks daily. Vehicles getting on and off the 1-15 in Temecula require weaving and merging, degrading the operational efficiency of the local arterials, on -ramps, off -ramps, and freeway mainline. Temecula has been working with Caltrans on a package of auxiliary lanes through Temecula on 1-15 to improve circulation within the city, reduce delays, and improve safety. While Caltrans is the lead agency and sponsor of a suite of auxiliary lane improvements on 1-15 between Temecula Parkway and Winchester Road, Temecula is the project lead on one northbound auxiliary lane project on two ramps connecting to the 1-15 at Temecula Parkway and Rancho California Road, called the 1-15 ALP. Due to this project being a high priority for Temecula, the city opted to be the project lead which is anticipated to result in the 1-15 ALP being delivered up to two years earlier. The environmental document is underway for the 1-15 ALP, and design is scheduled for completion in June 2022. Agenda Item 61 594 DISCUSSION: On September 20, 2021, Temecula submitted a request to the Commission for assistance closing the funding gap on the 1-15 ALP in the amount of $3.5 million (Attachment 1). Funding is needed to construct improvements in FY 2022/23. Once the project is fully funded, construction is planned to be advertised in summer 2022 and awarded in fall 2022. As shown on the location map (Attachment 2), the project is in Temecula at the northbound 1-15 on -ramp for Temecula Parkway and the 1-15 off -ramp for Rancho California Road. Temecula, the city of Murrieta, the Pechanga Band of Luiseno Indians, and Caltrans are all funding partners collectively bringing $5.47 million to the project. In 2020, Temecula sought additional state funding through Cycle 2 of the Senate Bill 1 Local Partnership Program Competitive (SB 1 LPP-C) call for projects. Ultimately, the 1-15 ALP was not selected for SB 1 LPP-C funding. If Temecula waits to submit another competitive grant application in Cycle 3 of SB 1 LPP-C, it would delay construction by at least one year without an actual guarantee of funding. The 1-15 ALP compliments the Commission -led 1-15 Smart Freeway pilot project on the 1-15 in Temecula. Each project will enhance the other because they both improve operations along the corridor. By the Commission joining Temecula as a funding partner on this project, it would ensure the timely delivery of the 1-15 ALP improvements. Extending the 1-15 on -ramp at Temecula Parkway and the 1-15 off -ramp at Rancho California Road will improve air quality, enhance safety, reduce congestion, facilitate goods movement, and compliment the Commission -led 1-15 Smart Freeway project. Since the project is not federalized, staff recommends programming $3.5 million in TUMF CETAP funds to complete construction funding and approving an agreement with Temecula for the programming of the funds. FISCAL IMPACT: The Fiscal Year 2022/23 budget has not been prepared yet. If this item is approved by the Commission, the FY 2022/23 budget will include $3.5 million for construction cost reimbursements to Temecula. Financial Information In Fiscal Year Budget: N/A Year: FY 2022/23 Amount: $3,500,000 Source of Funds: TUMF CETAP Budget Adjustment: N/A GL/Project Accounting No.: 005136 81301 00000 0000 210 73 81301 Fiscal Procedures Approved: \J 4ev. � Date: 11/08/2021 Attachments: 1) Temecula Request Letter dated September 20, 2021 2) Project Location Map 3) Draft Agreement No. 22-73-032-00 Agenda Item 61 595 Approved by the Western Riverside County Programs and Projects Committee on November 22, 2021 In Favor: 11 Abstain: 0 No: 0 Agenda Item 61 596 ATTACHMENT 1 City of Temecula Department of Public Works 41000 Main Street • Temecula, California 92590 Phone (951) 694-6411 • www.temeculaca.gov September 20, 2021 Anne Mayer Executive Director Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Subject: 1-15 Congestion Relief/Auxiliary Lane Project Additional Funds Request Dear Anne: The City of Temecula, in partnership with Caltrans District 8, is working on plans for the addition of Auxiliary Lanes on 1-15 between Temecula Parkway and Winchester Road. The City agreed to lead the Auxiliary Lane Project for northbound 1-15 between Temecula Parkway and Rancho California Road (the 1-15 Auxiliary Lane Project), EA 08-1 K402. Caltrans District 8 has included Auxiliary Lanes between the other 1-15 Interchanges in Temecula in their 2020 SHOPP program, with anticipated start date in 2024, EA 08-1 K400. The City submitted the 1-15 Auxiliary Lane Project for the 2020 SB 1 Local Partnership Program (Competitive Program); however, it was determined the City was not eligible to apply due to an issue with the City's Development Impact Fee program. The City's application was submitted by WRCOG, along with several other projects from WRCOG member cities participating in the TUMF program, but the 1-15 Auxiliary Lane Project was not selected for funding. The next opportunity for the LPP program will be FY 22-23, however, there is no guarantee this project will be selected for funding. Shown below are the current estimated project costs: Administration: Construction: Construction Engineering: Design and Environmental: Total Currently available funding: $ 420,000 $ 6,600,000 $ 650,000 $,300,000 $ 8,970,000 City of Temecula General Fund $ 1,620,000 597 City of Murrieta $ 100,000 SHOPP Minor $ 1,250,000 Pechanga IGA $ 2,500,000 Total $ 5,470,000 Total Funding Shortfall $ 3,500,000 The purpose of this letter is to seek additional funds to cover the difference between the estimated project costs and currently available funding in the amount of $3,500,000. Improvement of the 1-15 corridor between Route 60 and San Diego County Line is included in the Measure A Ordinance and Expenditure Plan so we believe this project should be eligible for Measure A funding. The City is working with Caltrans District 8 on the 1-15 Auxiliary Lane Project as a Streamlined Oversight Project (SOP). The City is preparing an environmental document for this project in accordance with CEQA; along with Plans, Specifications and Estimate scheduled for completion by June 2022. We anticipate being prepared to solicit construction bids in Summer 2022 and starting construction as soon as October 2022. This project is strongly supported by the Move 1-15 Task Force, a coalition of cities in Southwest Riverside County on the 1-15 corridor. Also, as noted in the list of currently available funding, the Pechanga Band of San Luiseno Indians has committed $2.5 million in funding for this project as part of the recently adopted Intergovernmental Agreement between the City and Pechanga. Thank you in advance for your consideration of this request for additional funds to cover the funding shortfall for the 1-15 Auxiliary Lane Project. If you have any questions, please contact me at (951) 506-5163 or patrick.thomas(temeculaca.gov. Sincerely, Patrick Thomas Director of Public Works/City Engineer cc: Matt Rahn, Temecula Mayor Pro-Tem Aaron Adams, City Manager Luke Watson, Deputy City Manager Amer Attar, Engineering Manager V:11.15 Congestion Relial_Aux Lane Projecl_RCTC Additional Fundng Request doc 598 ATTACHMENT 2 599 ATTACHMENT 3 Agreement No. 22-73-032-00 AGREEMENT FOR THE FUNDING OF TRANSPORTATION UNIFORM MITIGATION FEE IMPROVEMENTS WITH THE CITY OF TEMECULA 1. Parties and Date. 1.1 This Agreement is executed and entered into this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("RCTC") and the CITY OF TEMECULA ("City"). RCTC and City are sometimes collectively referred to herein as the "Parties". 2. Recitals. 2.1 RCTC is a county transportation commission created and existing pursuant to California Public Utilities Code Sections 130053 and 130053.5. 2.2 On November 5, 2002 the voters of Riverside County approved Measure A authorizing the collection of a one-half percent (1/2%) retail transactions and use tax to fund transportation programs and improvements within the County of Riverside, and adopting the Riverside County Transportation Improvement Plan (the "Plan"). 2.3 The Plan establishes funding for any improved Regional Arterial System to be funded by a mix of Measure A and Transportation Uniform Mitigation Fees ("TUMF") revenues. 2.4 Pursuant to Public Utility Code Sections 240000 et seq... RCTC is authorized to allocate the proceeds of the Measure A tax in furtherance of the Plan. 2.5 RCTC intends, by this Agreement, to distribute TUMF Community Environmental Transportation Acceptability Process ("CETAP") Funds, subject to the conditions provided herein, and to participate in the joint development of the Project, as defined herein. 3. Terms. 3.1 Description of Work. This Agreement is intended to distribute TUMF CETAP Funds to the City for the Interstate 15 Auxiliary Lane Project ("the Work"). The Work, including a timetable and a detailed scope of work, is more fully described in Exhibit "A" attached hereto and, pursuant to Section 3.15 below, is subject to modification as requested by the City and approved by RCTC. The Work shall be consistent with the following defined phase as follows: 1) CONS — Construction The Work phase funded pursuant to this Agreement shall be consistent with the City's Request Letter submitted to the RCTC ("the Project"). The Project is more fully described in Exhibit "A" and depicted in Exhibit "B" attached hereto. It is understood and agreed that the City shall expend 1 600 TUMF CETAP Funds only as set forth in this Agreement and only for the Work. To this end, any use of funds provided pursuant to this Agreement shall be subject to the review and approval of RCTC. 3.2 RCTC Funding Amount. RCTC hereby agrees to distribute to the City, on the terms and conditions set forth herein, a sum not to exceed Three Million, Five Hundred Thousand Dollars ($3,500,000), to be used exclusively for reimbursing the City for eligible Work expenses as described herein ("Funding Amount"). The City acknowledges and agrees that the Funding Amount may be less than the actual cost of the Work, and that RCTC shall not contribute TUMF CETAP Funds in excess of the maximum authorized in this section. 3.2.1 Eligible Work Costs. The total Work costs ("Total Work Cost") may include the following items: (1) City and/or consultant costs associated with direct Work coordination and support; (2) construction costs, including change orders to construction contract approved by the City; and (3) construction management, field inspection and material testing costs. 3.2.2 Ineligible Work Costs. The Total Work Cost shall not include the following items which shall be borne solely by the City without reimbursement: (1) City administrative costs; (2) City costs attributed to the preparation of invoices, billings and payments; (3) any City fees attributed to the processing of the Work; and (4) expenses for items of work not included within the scope of work in Exhibit "A". 3.2.3 Increases in Work Funding. The Funding Amount may, in RCTC's sole discretion, be augmented with additional TUMF CETAP Funds. Any such increase in the Funding Amount must be approved in writing by RCTC's Executive Director. No such increased funding shall be expended to pay for any Work already completed. For purposes of this Agreement, the Work or any portion thereof shall be deemed complete upon its acceptance by RCTC's Executive Director. 3.2.4 Cost Savings. In the event that bids for the Work are lower than anticipated, or there are cost savings for any other reason, the Funding Amount shall be reduced as follows: cost savings shall be applied proportionately to each funding source listed in Exhibit "A" for the Work. The City shall inform RCTC of any cost savings and the Parties shall amend this Agreement to reflect the revised Funding Amount. RCTC's Executive Director and the City Manager shall be authorized to execute any such amendment. 3.2.5 No Funding for Temporary Improvements. Only segments or components of the Work that are intended to form part of or be integrated into the Work may be funded by TUMF CETAP Funds. No improvement which is temporary in nature, including but not limited to temporary roads, curbs, or drainage facilities, shall be funded with TUMF CETAP Funds except as needed for staged construction of the Work. 3.3 City's Funding Obligation to Complete the Work. In the event that the TUMF CETAP Funds allocated to the Work represent less than the total cost of the Work, the City shall provide such additional funds as may be required to complete the Work as described in Exhibit "A". 2 601 3.3.1 City's Obligation to Repay TUMF CETAP Funds to RCTC. In the event that: (i) the City, for any reason, determines not to proceed with or complete the Work; or (ii) the Work is not timely completed, subject to any extension of time granted by RCTC pursuant to Section 3.15; the City agrees that any TUMF CETAP Funds that were distributed to the City for the Work shall be repaid in full to RCTC. The Parties shall enter into good faith negotiations to establish a reasonable repayment schedule and repayment mechanism which may include, but is not limited to, withholding of Measure A Local Streets and Roads revenues. The City acknowledges and agrees that RCTC shall have the right to withhold any Measure A Local Streets and Roads revenues due the City, in an amount not to exceed the total of the funds distributed to the City, and/or initiate legal action to compel repayment, if the City fails to repay RCTC within a reasonable time period not to exceed 180 days from receipt of written notification from RCTC that repayment is required. 3.3.2 City's Local Match Contribution. The City shall provide at least Four Hundred Seventy -Six Thousand Dollars ($476,000) of funding toward the Work, as shown in Exhibit "A". 3.4 Work Responsibilities of the City. The City shall be responsible for the following aspects of the Work, in compliance with state and federal law provided that such items are included in the Project scope of work attached as Exhibit "A": (i) all aspects of bidding, awarding, and administration of the contracts for the Work; (ii) all construction management of any construction activities undertaken in connection with the Work, including survey and material testing; and (iii) development of a budget for the Work prior to award of any contract for the Work, taking into consideration available funding, including TUMF CETAP Funds. 3.5 Term/Notice of Completion. The term of this Agreement shall be from the date first herein above written until: (i) the date RCTC formally accepts the Work as complete, pursuant to Section 3.2.3; (ii) termination of this Agreement pursuant to Section 3.9; or (iii) the City has fully satisfied its obligations under this Agreement, including full repayment of TUMF CETAP Funds to RCTC as provided herein. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 3.6 Representatives of the Parties. RCTC's Executive Director, or his or her designee, shall serve as RCTC's representative and shall have the authority to act on behalf of RCTC for all purposes under this Agreement. The City hereby designates Aaron Adams, City Manager, or his designee, as the City's representative to RCTC. The City's representative shall have the authority to act on behalf of the City for all purposes under this Agreement and shall coordinate all activities of the Work under the City's responsibility. The City shall work closely and cooperate fully with RCTC's representative and any other agencies which may have jurisdiction over or an interest in the Work. 3.7 Expenditure of Funds by City Prior to Execution of Agreement. Nothing in this Agreement shall be construed to prevent or preclude the City from expending funds on the Work prior to the execution of the Agreement, or from being reimbursed by RCTC for such expenditures. However, the City understands and acknowledges that any expenditure of funds on the Work prior to the execution of the Agreement is made at the City's sole risk, and that some expenditures by the City may not be eligible for reimbursement under this Agreement. 3 602 3.8 Review of Services. The City shall allow RCTC's Representative to inspect or review the progress of the Work at any reasonable time in order to determine whether the terms of this Agreement are being met. 3.9 Termination. This Agreement may be terminated for cause or convenience as further specified below. 3.9.1 Termination for Convenience. 3.9.1.1 Notice. Either RCTC or the City may, by written notice to the other party, terminate this Agreement, in whole or in part, for convenience by giving thirty (30) days' written notice to the other party of such termination and specifying the effective date thereof. 3.9.1.2 Effect of Termination for Convenience. In the event that the City terminates this Agreement for convenience, the City shall, within 180 days, repay to RCTC in full all TUMF CETAP Funds provided to the City under this Agreement. In the event that RCTC terminates this Agreement for convenience, RCTC shall, within 90 days, distribute to the City TUMF CETAP Funds in an amount equal to the aggregate total of all unpaid invoices which have been received from the City regarding the Work at the time of the notice of termination; provided, however, that RCTC shall be entitled to exercise its rights under Section 3.14.2, including but not limited to conducting a review of the invoices and requesting additional information. This Agreement shall terminate upon receipt by the non -terminating party of the amounts due it under this Section 3.9.1.2. 3.9.2 Termination for Cause. 3.9.2.1 Notice. Either RCTC or the City may, by written notice to the other party, terminate this Agreement, in whole or in part, in response to a material breach hereof by the other party, by giving written notice to the other party of such termination and specifying the effective date thereof. The written notice shall provide a 30 day period to cure any alleged breach. During the 30 day cure period, the Parties shall discuss, in good faith, the manner in which the breach can be cured. 3.9.2.2 Effect of Termination for Cause. In the event that the City terminates this Agreement in response to RCTC's uncured material breach hereof, RCTC shall, within 90 days, distribute to the City TUMF CETAP Funds in an amount equal to the aggregate total of all unpaid invoices which have been received from the City regarding the Work at the time of the notice of termination. In the event that RCTC terminates this Agreement in response to the City's uncured material breach hereof, the City shall, within 180 days, repay to RCTC in full all TUMF CETAP Funds provided to the City under this Agreement. Notwithstanding termination of this Agreement by RCTC pursuant to this Section 3.9.2.2, RCTC shall be entitled to exercise its rights under Section 3.14.2, including but not limited to conducting a review of the invoices and requesting additional information. This Agreement shall terminate upon receipt by the terminating party of the amounts due it under this Section 3.9.2.2. 3.9.3 Cumulative Remedies. The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 4 603 3.10 Prevailing Wages. The City and any other person or entity hired to perform services on the Work are alerted to the requirements of California Labor Code Sections 1770 et seq., which would require the payment of prevailing wages were the services or any portion thereof determined to be a public work, as defined therein. The City shall ensure compliance with these prevailing wage requirements by any person or entity hired to perform the Work. The City shall defend, indemnify, and hold harmless RCTC, its officers, employees, consultants, and agents from any claim or liability, including without limitation attorneys, fees, arising from its failure or alleged failure to comply with California Labor Code Sections 1770 et seq. 3.11 Progress Reports. RCTC may request the City to provide RCTC with progress reports concerning the status of the Work. 3.12 Indemnification. 3.12.1 City Responsibilities. In addition to the indemnification required under Section 3.10, the City agrees to indemnify and hold harmless RCTC, its officers, agents, consultants, and employees from any and all claims, demands, costs or liability arising from or connected with all activities governed by this Agreement including all design and construction activities, due to any act of the City or its subcontractors whatsoever, regardless of fault, including negligent acts, errors or omissions or willful misconduct, except that caused by the sole negligence of RCTC. The City will reimburse RCTC for any expenditures, including reasonable attorneys' fees, incurred by RCTC, in defending against claims ultimately determined to be due to any act of the City or its subcontractors whatsoever, regardless of fault, including negligent acts, errors or omissions or willful misconduct, except that caused by the sole negligence of RCTC. 3.12.2 Effect of Acceptance. The City shall be responsible for the professional quality, technical accuracy and the coordination of any services provided to complete the Work. RCTC's review, acceptance or funding of any services performed by the City or any other person or entity under this agreement shall not be construed to operate as a waiver of any rights RCTC may hold under this Agreement or of any cause of action arising out of this Agreement. Further, the City shall be and remain liable to RCTC, in accordance with applicable law, for all damages to RCTC caused by the City's performance of this Agreement or supervision of any services provided to complete the Work. 3.13 Insurance. The City shall require, at a minimum, all persons or entities hired to perform the Work to obtain, and require their subcontractors to obtain, insurance of the types and in the amounts described below and satisfactory to the City and RCTC. Such insurance shall be maintained throughout the term of this Agreement, or until completion of the Work, whichever occurs last. 3.13.1 Commercial General Liability Insurance. Occurrence version commercial general liability insurance or equivalent form with a combined single limit of not less than $2,000,000.00 per occurrence. If such insurance contains a general aggregate limit, it shall apply separately to the Work or be no less than two times the occurrence limit. Such insurance shall: 5 604 3.13.1.1 Name RCTC and City, and their respective officials, officers, employees, agents, and consultants as insured with respect to performance of the services on the Work and shall contain no special limitations on the scope of coverage or the protection afforded to these insured; 3.13.1.2 Be primary with respect to any insurance or self insurance programs covering RCTC and City, and/or their respective officials, officers, employees, agents, and consultants; and 3.13.1.3 Contain standard separation of insured provisions. 3.13.2 Business Automobile Liability Insurance. Business automobile liability insurance or equivalent form with a combined single limit of not less than $1,000,000.00 per occurrence. Such insurance shall include coverage for owned, hired and non -owned automobiles. 3.13.3 Professional Liability Insurance. Errors and omissions liability insurance with a limit of not less than $1,000,000.00 Professional liability insurance shall only be required of design or engineering professionals. 3.13.4 Workers' Compensation Insurance. Workers' compensation insurance with statutory limits and employers' liability insurance with limits of not less than $1,000,000.00 each accident. 3.14 Procedures for Distribution of TUMF CETAP Funds to City. 3.14.1 Initial Payment by the City. The City shall be responsible for initial payment of all the Work costs as they are incurred. Following payment of such Work costs, the City shall submit invoices to RCTC requesting reimbursement of eligible Work costs. Each invoice shall be accompanied by detailed contractor invoices, or other demands for payment addressed to the City, and documents evidencing the City's payment of the invoices or demands for payment. The City shall submit invoices not more often than monthly and not less often than quarterly. 3.14.2 Review and Reimbursement by RCTC. Upon receipt of an invoice from the City, RCTC may request additional documentation or explanation of the Work costs for which reimbursement is sought. Undisputed amounts shall be paid by RCTC to the City within thirty (30) days. In the event that RCTC disputes the eligibility of the City for reimbursement of all or a portion of an invoiced amount, the Parties shall meet and confer in an attempt to resolve the dispute. If the meet and confer process is unsuccessful in resolving the dispute, the City may appeal RCTC's decision as to the eligibility of one or more invoices to RCTC's Executive Director. The City may appeal the decision of the Executive Director to the full RCTC Board, the decision of which shall be final. Additional details concerning the procedure for the City's submittal of invoices to RCTC and RCTC's consideration and payment of submitted invoices are set forth in Exhibit "C", attached hereto. 3.14.3 Funding Amount/Adjustment. If a post Work audit or review indicates that RCTC has provided reimbursement to the City in an amount in excess of the maximum TUMF CETAP Funds provided for in section 3.2 of this Agreement, or has provided reimbursement of 6 605 ineligible Work costs, the City shall reimburse RCTC for the excess or ineligible payments within 30 days of notification by RCTC. 3.15 Work Amendments. Changes to the characteristics of the Work, including the deadline for Work completion, and any responsibilities of the City or RCTC may be requested in writing by the City and are subject to the approval of RCTC's Representative, which approval will not be unreasonably withheld, provided that extensions of time for completion of the Work shall be approved in the sole discretion of RCTC's Representative. Nothing in this Agreement shall be construed to require or allow completion of the Work without full compliance with the California Environmental Quality Act (Public Resources Code Section 21000 et seq.; "CEQA") but the necessity of compliance with CEQA shall not justify, excuse, or permit a delay in completion of the Work. 3.16 Conflict of Interest. For the term of this Agreement, no member, officer or employee of the City or RCTC, during the term of his or her service with the City or RCTC, as the case may be, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 3.17 Limited Scope of Duties. RCTC's and the City's duties and obligations under this Agreement are limited to those described herein. RCTC has no obligation with respect to the safety of any Work performed at a job site. In addition, RCTC shall not be liable for any action of City or its contractors relating to the condemnation of property undertaken by City or construction related to the Work. 3.18 Books and Records. Each party shall maintain complete, accurate, and clearly identifiable records with respect to costs incurred for the Work under this Agreement. They shall make available for examination by the other party, its authorized agents, officers or employees any and all ledgers and books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or related to the expenditures and disbursements charged to the other party pursuant to this Agreement. Further, each party shall furnish to the other party, its agents or employees such other evidence or information as they may require with respect to any such expense or disbursement charged by them. All such information shall be retained by the Parties for at least three (3) years following termination of this Agreement, and they shall have access to such information during the three-year period for the purposes of examination or audit. 3.19 Equal Opportunity Employment. The Parties represent that they are equal opportunity employers and they shall not discriminate against any employee or applicant of reemployment because of race, religion, color, national origin, ancestry, sex or age. Such non- discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination. 3.20 Governing Law. This Agreement shall be governed by and construed with the laws of the State of California. Venue shall be in Riverside County. 3.21 Attorneys' Fees. If either party commences an action against the other party arising out of or in connection with this Agreement, the prevailing party in such litigation shall be entitled to have and recover from the losing party reasonable attorneys' fees and costs of suit. 7 606 3.22 Time of Essence. Time is of the essence for each and every provision of this Agreement. 3.23 Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 3.24 Notification. All notices hereunder and communications regarding interpretation of the terms of the Agreement or changes thereto shall be provided by the mailing thereof by registered or certified mail, return receipt requested, postage prepaid and addressed as follows: CITY OF TEMECULA RCTC 41000 Main Street Riverside County Transportation Commission Temecula, CA 92590 4080 Lemon, 3rd Floor Mailing address: P.O. Box 12008 Riverside, CA 92501 ATTN: City Manager ATTN: Executive Director Any notice so given shall be considered served on the other party three (3) days after deposit in the U.S. mail, first class postage prepaid, return receipt requested, and addressed to the party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred regardless of the method of service. 3.25 Conflicting Provisions. In the event that provisions of any attached appendices or exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 3.26 Contract Amendment. In the event that the Parties determine that the provisions of this Agreement should be altered, the Parties may execute a contract amendment to add any provision to this Agreement, or delete or amend any provision of this Agreement. All such contract amendments must be in the form of a written instrument signed by the original signatories to this Agreement, or their successors or designees. 3.27 Entire Agreement. This Agreement constitutes the entire agreement between the Parties relating to the subject matter hereof and supersedes any previous agreements or understandings. 3.28 No Waiver. Failure of RCTC to insist on any one occasion upon strict compliance with any of the terms, covenants or conditions hereof shall not be deemed a waiver of such term, covenant or condition, nor shall any waiver or relinquishment of any rights or powers hereunder at any one time or more times be deemed a waiver or relinquishment of such other right or power at any other time or times. 8 607 3.29 Validity of Agreement. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision of this Agreement. 3.30 Independent Contractors. Any person or entities retained by the City or any contractor shall be retained on an independent contractor basis and shall not be employees of RCTC. Any personnel performing services on the Work shall at all times be under the exclusive direction and control of the City or contractor, whichever is applicable. The City or contractor shall pay all wages, salaries and other amounts due such personnel in connection with their performance of services on the Work and as required by law. The City or consultant shall be responsible for all reports and obligations respecting such personnel, including, but not limited to: social security taxes, income tax withholding, unemployment insurance and workers' compensation insurance. 3.31 Survival. All rights and obligations hereunder that by their nature are to be performed after any expiration or termination of this Agreement shall survive any such expiration or termination. 3.32 No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 3.33 Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 3.34 Electronically Transmitted Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. [Signatures on following page] Nin 608 SIGNATURE PAGE TO AGREEMENT FOR THE FUNDING OF TRANSPORTATION UNIFORM MITIGATION FEE IMPROVEMENTS RIVERSIDE COUNTY CITY OF LAKE ELSINORE TRANSPORTATION COMMISSION By: By: Anne Mayer, Executive Director APPROVED AS TO FORM: By: Best, Best & Krieger ik Counsel to the Riverside County Transportation Commission 10 Aaron Adams, City Manager ATTEST: By: City Clerk APPROVED AS TO FORM: By: City Attorney 609 EXHIBIT "A" SCOPE OF WORK, FUNDING AND TIMETABLE SCOPE OF WORK: FUNDING: Identify TUMF CETAP, local, state and/or federal funding for each Phase of Work. FUND SOURCE CONSTRUCTION PHASE COST TUMF CETAP $3,500,000 TEMECULA 1,620,000 MURRIETA 100,000 SHOPP Minor (Caltrans) 1,250,000 Pechanga Intergovernmental Agreement 2,500,000 TOTAL $8,970,000 TIMETABLE: Provide at a minimum the beginning and ending dates for each phase of work including major milestones within a phase. Phase Start Date End Date Comments Construction 10/2022 04/2024 Working Days Exhibit A 610 EXHIBIT "B" PROJECT LOCATION MAP Promesl ode Temecula 9 Coratco Who lead e 9 Margarita Community Perk Tern own Conte- 9 a rx.,cn4 cn8iarene Pd Caltrans` Aux Lane Project Temecula Aux Lane Project Lag D Los R; I 15 Auxiliary Lane Project — Location Map Exhibit B 611 EXHIBIT "C" PROCEDURES FOR SUBMITTAL, CONSIDERATION AND PAYMENT OF INVOICES 1. RCTC recommends that the City incorporate Exhibit "C-1" into its contracts with any subcontractors to establish a standard method for preparation of invoices by contractors to the City and ultimately to RCTC for reimbursement of City contractor costs. 2. Each month the City shall submit an invoice for eligible Work costs incurred during the preceding month. The original invoice shall be submitted to RCTC's Executive Director with a copy to RCTC's Project Coordinator. Each invoice shall be accompanied by a cover letter in a format substantially similar to that of Exhibit "C-2". 3. Each invoice shall include documentation from each contractor used by the City for the Work, listing labor costs, subcontractor costs, and other expenses. Each invoice shall also include a monthly progress report and spreadsheets showing the hours or amounts expended by each contractor or consultant for the month and for the entire Work to date. A sample progress report is attached as Exhibits "C-4". All documentation from the City's contractors should be accompanied by a cover letter in a format substantially similar to that of Exhibit "C-3" 4. If the City is seeking reimbursement for direct expenses incurred by City staff for eligible Work costs, the City shall detail the same level of information for its labor and any expenses in the same level of detail as required of contractors pursuant to Exhibit "C" and its attachments. 5. Charges for each task and milestone listed in Exhibit "A" shall be listed separately in the invoice. 6. Each invoice shall include a certification signed by the City Representative or his or her designee which reads as follows: "I hereby certify that the hours and salary rates submitted for reimbursement in this invoice are the actual hours and rates worked and paid to the consultants or contractors listed. Signed Title Date Invoice No. Exhibit C 612 7. RCTC will pay the City within 30 days after receipt by the Commission of an invoice. If RCTC disputes any portion of an invoice, payment for that portion will be withheld, without interest, pending resolution of the dispute, but the uncontested balance will be paid. 8. The final payment under this Agreement will be made only after: (i) the City has obtained a Release and Certificate of Final Payment from each contractor or consultant used on the Work; (ii) the City has executed a Release and Certificate of Final Payment; and (iii) the City has provided copies of each such Release to RCTC. Exhibit C 613 EXHIBIT "C-1" ELEMENTS OF COMPENSATION For the satisfactory performance and completion of the Work under this Agreement, City will pay the Consultant compensation as set forth herein. The total compensation for this service shall not exceed ( INSERT WRITTEN DOLLAR AMOUNT ) ($ INSERT NUMERICAL DOLLAR AMOUNT ) without written approval of City's City Engineer ("Total Compensation"). 1. ELEMENTS OF COMPENSATION. Compensation for the Work will be comprised of the following elements: 1.1 Direct Labor Costs; 1.2 Fixed Fee; and 1.3 Additional Direct Costs. 1.1 DIRECT LABOR COSTS. Direct Labor costs shall be paid in an amount equal to the product of the Direct Salary Costs and the Multiplier which are defined as follows: 1.1.1 DIRECT SALARY COSTS Direct Salary Costs are the base salaries and wages actually paid to the Consultant's personnel directly engaged in performance of the Work under the Agreement. (The range of hourly rates paid to the Consultant's personnel appears in Section 2 below.) 1.1.2 MULTIPLIER The Multiplier to be applied to the Direct Salary Costs to determine the Direct Labor Costs is , and is the sum of the following components: 1.1.2.1 Direct Salary Costs 1.1.2.2 Payroll Additives The Decimal Ratio of Payroll Additives to Direct Salary Costs. Payroll Additives include all employee benefits, allowances for vacation, sick leave, and holidays, and company portion of employee insurance and social and retirement benefits, all federal and state payroll taxes, premiums for insurance which are measured by payroll costs, and other contributions and benefits imposed by applicable laws and regulations. Exhibit "C-1" 614 1.1.2.3 Overhead Costs The Decimal ratio of Allowable Overhead Costs to the Consultant Firm's Total Direct Salary Costs. Allowable Overhead Costs include general, administrative and overhead costs of maintaining and operating established offices, and consistent with established firm policies, and as defined in the Federal Acquisitions Regulations, Part 31.2. Total Multiplier (sum of 1.1.2.1, 1.1.2.2, and 1.1.2.3) 1.2 FIXED FEE. 1.2.1 A Fixed Fee of shall be paid to Consultant for Consultant's complete and satisfactory performance of this Agreement and all Services required. The Fixed Fee shall be paid in monthly installments based upon the percentage of the Services completed at the end of each billing period, as determined in the sole discretion of the City. Consultant shall not be entitled to and shall forfeit any portion of the Fixed Fee not earned as provided herein. 1.2.2 A pro -rata share of the Fixed Fee shall be applied to the total Direct Labor Costs expended for services each month, and shall be included on each monthly invoice. 1.3 ADDITIONAL DIRECT COSTS. Additional Direct Costs directly identifiable to the performance of the services of this Agreement shall be reimbursed at the rates below, or at actual invoiced cost. Rates for identified Additional Direct Costs are as follows: ITEM Per Diem Car mileage Travel Computer Charges Photocopies Blueline LD Telephone Fax Photographs REIMBURSEMENT RATE [ insert charges $ /day $ /mile $ /trip $ /hour $ /copy $ /sheet $ /call $ /sheet $ /sheet Travel by air and travel in excess of 100 miles from the Consultant's office nearest to City's office must have City's prior written approval to be reimbursed under this Agreement. Exhibit "C-1" 615 2. DIRECT SALARY RATES Direct Salary Rates, which are the range of hourly rates to be used in determining Direct Salary Costs in Section 1.1.1 above, are given below and are subject to the following: 2.1 Direct Salary Rates shall be applicable to both straight time and overtime work, unless payment of a premium for overtime work is required by law, regulation or craft agreement, or is otherwise specified in this Agreement. In such event, the premium portion of Direct Salary Costs will not be subject to the Multiplier defined in Paragraph 1.1.2 above. 2.2 Direct Salary Rates shown herein are in effect for one year following the effective date of the Agreement. Thereafter, they may be adjusted annually to reflect the Consultant's adjustments to individual compensation. The Consultant shall notify City in writing prior to a change in the range of rates included herein, and prior to each subsequent change. POSITION OR CLASSIFICATION RANGE OF HOURLY RATES [ sample Principal Project Manager Sr. Engineer/Planner Project Engineer/Planner Assoc. Engineer/Planner Technician Drafter/CADD Operator Word Processor $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour $ .00 - $ .00/hour 2.3 The above rates are for the Consultant only. All rates for subconsultants to the Consultant will be in accordance with the Consultant's cost proposal. 3. INVOICING. 3.1 Each month the Consultant shall submit an invoice for Work performed during the preceding month. The original invoice shall be submitted to City's City Engineer with two (2) copies to City's Project Coordinator. 3.2 Charges shall be billed in accordance with the terms and rates included herein, unless otherwise agreed in writing by City's Representative. 3.3 Base Work and Extra Work shall be charged separately, and the charges for each task and Milestone listed in the Scope of Work, shall be listed separately. The charges for Exhibit "C-1" 616 each individual assigned by the Consultant under this Agreement shall be listed separately on an attachment to the invoice. 3.4 A charge of $500 or more for any one item of Additional Direct Costs shall be accompanied by substantiating documentation satisfactory to City such as invoices, telephone logs, etc. 3.5 Each copy of each invoice shall be accompanied by a Monthly Progress Report and spreadsheets showing hours expended by task for each month and total project to date. 3.6 Each invoice shall indicate payments to DBE subconsultants or supplies by dollar amount and as a percentage of the total invoice. 3.7 Each invoice shall include a certification signed by the Consultant's Representative or an officer of the firm which reads as follows: I hereby certify that the hours and salary rates charged in this invoice are the actual hours and rates worked and paid to the employees listed. Signed Title Date Invoice No. 4. PAYMENT 4.1 City shall pay the Consultant within four to six weeks after receipt by City of an original invoice. Should City contest any portion of an invoice, that portion shall be held for resolution, without interest, but the uncontested balance shall be paid. The final payment for Work under this Agreement will be made only after the Consultant has executed a Release and Certificate of Final Payment. Exhibit "C-1" 617 EXHIBIT "C-2" Sample Cover Letter to RCTC Date Ms. Anne Mayer Executive Director Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 ATTN: Accounts Payable Re: Project Title - Invoice # Enclosed for your review and payment approval is the City of 's invoice for professional and technical services that was rendered by our contractors in connection with the Agreement No. effective (Month/Day/Year). The required support documentation received from each contractor is included as backup to the invoice. Invoice period covered is from Month/Date/Year to Month/Date/Year. Total Authorized Agreement Amount: Total Invoiced to Date: Total Previously Invoiced: Balance Remaining: Amount due this Invoice: $0,000,000.00 $0,000,000.00 $0,000,000.00 $0,000,000.00 $0,000,000.00 I certify that the hours and salary rates charged in this invoice are the actual hours and rates worked and paid to the contractors listed. By: Name Title cc: Exhibit "C-2" 618 EXHIBIT "C-3" Sample Letter from Contractor to City/County Month/Date/Year Attn: Accounts Payable Invoice # For [type of services] rendered by [contractor name] in connection with [name of project] This is per agreement No. XX-XX-XXX effective Month/Date/Year. Invoice period covered is from Month/Date/Year to Month/Date/Year. Total Base Contract Amount: Authorized Extra Work (if Applicable) $000,000.00 $000,000.00 TOTAL AUTHORIZED CONTRACT AMOUNT: $000,000.00 Total Invoice to Date: Total Previously Billed: Balance Remaining: Amount Due this Invoice: $000,000.00 $000,000.00 $000,000.00 $000,000.00 I certify that the hours and salary rates charged in this invoice are the actual hours and rates worked and paid to the employees listed, By: Name Title Exhibit "C-3" 619 EXHIBIT C-4 Sample Progress Report REPORTING PERIOD: Month/Date/Year to Month/Date/Year PROGRESS REPORT: #1 A. Activities and Work Completed during Current Work Periods TASK 01 — 100% PS&E SUBMITTAL 1. Responded to Segment 1 comments from Department of Transportation 2. Completed and submitted Segment 1 final PS&E B. Current/Potential Problems Encountered & Corrective Action Problems None C. Work Planned Next Period Corrective Action None TASK 01 — 100% PS&E SUBMITTAL 1. Completing and to submit Traffic Signal and Electrical Design plans 2. Responding to review comments Exhibit C-4 620 AGENDA ITEM 6J RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Marlin Feenstra, Project Delivery Director THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Reporting of Contract Change Orders for Construction Contracts BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Report of Contract Change Orders for Construction Contracts for the three months ended September 30, 2021. BACKGROUND INFORMATION: During the past quarter, July to September 2021, the Commission has had the following projects under construction: 1. Mid County Parkway (MCP) Placentia project 2. 1-15 Railroad Canyon Interchange project 3. SR -91 Pachappa Underpass project 4. SR -60 Truck Lanes project 5. Downtown Riverside Station Layover Facility project 6. 1-15 Express Lanes project 7. SR -91 Corridor Operations project (91 COP) 8. 15/91 Express Lanes Connector DISCUSSION: At the direction of the Executive Committee at its March 2021 meeting, a report will be filed each quarter listing the construction contract change orders that were issued in the previous quarter. The following table summarizes the Contract Change Orders that occurred in the last quarter (1st quarter of FY 2021/22). Agenda Item 6J 621 Contractor Change Orders executed in the 3rd Quarter of CY 2021 Project CCO No. Description Amount MCP Placentia Project CCO 15 Changing the traffic opening width (clearance) 80.00 CCO 16 Sub ballast material for railroad precast RCB 10,000.00 1-15 Railroad Canyon Interchange CCO 6 s2 Additional protocol survey $36,542.00 Project CCO 8 s1 Caltrans standard plan for striping off -ramps 996.00 CCO 10 Revised irrigation at Carl's Junior lot 28,774.47 CCO23 Grind and pave Grape Street (City funds) 339,801.36 CCO 30 Arco planter reinstatement 21,641.00 CCO 41 EVMWD hot taps/ potholing 10,000.00 CC044 Rock blanket revised unit price 97,519.87 CCO 45 Electrical pole adjustments 36,926.76 CCO 48 Temporary falsework lighting (1.250.00) CCO 49 Grape St. signal interconnect 17,000.00 SR -91 Pachappa Underpass Project CCO 3 s2 Eastbound 91 signage - additional funds 815,827.98 CCO 8 s1 Closeout deferred time 0.00 CCO 16 Improvements in front of RW 335 125,270.00 CCO 21 sl Remove apron slabs - additional funds 8,604.57 CCO 22 Clarify requirements for DS -3 & DS -4 (31;878.53) CCO 23 Install shoofly abutment safety railing 10,641.00 SR -60 Truck Lanes Project CCO 7 s2 Oil index adjustment (822886.22) CCO 60 s1 Pavement repairs 15,891.00 CCO 62 Removal of invasive species 50,000.00 CCO 64 Increased height barrier 139,664.25 Downtown Riverside Station Layover CCO 7 s2 Extended overhead 8104,170.00 Facility Project CCO 13 Punch Item list 22,416.00 000 16 Quantity reconcilation (101.944.00) CCO 17 Additional rail transport costs 22,705.00 1-15 Express Lanes Project CCO 103 Delayed access to property at Cajalco (delay claim) 8575,000.00 CCO 104 Geometric approval drawing at Hidden Valley Parkway 222,748.00 000 105 Revised insurance requirements through Final Acceptance date 0.00 CCO 107 Design and install replacement plantings (DL 37) 286,005.00 91 C.O.P CCO 7 Differing site conditions 850,000.00 000 12 s1 Additional cold planing materials 17,824.00 CCO 14 Additional bridge drainage work 24,000.00 15191 Express Lanes Connector CCO 10 Administrative change to contract section 'Notices and 3i1 00 Communications" CCO 11 Provisional sum for extra maintenance work 100,000.00 FISCAL IMPACT: The Contract Change Orders were executed using available contingency authorized with the construction contract for each project. Agenda Item 6J 622 AGENDA ITEM 6K RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Hector Casillas, Right of Way Manager Ruben Duran, Senior Management Analyst THROUGH: Anne Mayer, Executive Director SUBJECT: Agreements for On -Call Right of Way Appraisal Services WESTERN RIVERSIDE COUNTY PROGAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Award the following agreements to provide on -call right of way appraisal services for a three-year term, in an amount not to exceed an aggregate value of $1 million; a) Agreement No. 22-31-009-00 with Hawran & Malm, LLC; b) Agreement No. 22-31-026-00 with Hennessey & Hennessey, LLC; c) Agreement No. 22-31-027-00 with Integra Realty Resources — Los Angeles; d) Agreement No. 22-31-028-00 with R.P. Laurain & Associates, Inc.; and e) Agreement No. 22-31-029-00 with Santolucito Dore Group, Inc. 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreements, on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to the consultants under the terms of the agreements. BACKGROUND INFORMATION: Appraisal services are necessary to support the Right of Way department's Commission projects, future Measure A highway and rail projects, as well as projects for the Western Riverside County Regional Conservation Authority (RCA), for which the Commission is the managing agency as of January 1, 2021. Federal and state regulations require that before the initiation of negotiations with property owners, the public agency shall establish an amount that it believes is just compensation and/or the fair market value for the property. To comply with regulations, the Commission can either hire staff appraisers or establish a list of on -call appraisers. Staff recommends the latter. Agenda Item 61< 623 Awarding contracts for on -call appraisal services with the work to be issued on an as -needed task order basis has worked well for the Commission in the past, and staff recommends continuing that practice. Due to the amount of potential appraisal services required, staff determined an award to several firms was in the Commission's best interest. Procurement Process Staff determined the weighted factor method of source selection to be the most appropriate for this procurement, as it allows the Commission to identify the most advantageous proposal with price and other factors considered. Non -price factors include elements such as qualifications of firm and personnel and understanding and approach for on -call right of way appraisal services as set forth under the terms of Request for Proposals (RFP) No. 22-31-009-00. RFP No. 22-31-009-00 for on -call right of way appraisal services was released by staff on September 21, 2021. The RFP was posted on the Commission's Planet Bids website, which is accessible through the Commission's website. Through Planet Bids, 21 firms downloaded the RFP; 7 of these firms are located in Riverside County. Staff responded to all questions submitted by potential proposers prior to the October 5, 2021, clarification deadline. Nine firms — Curtis Rosenthal, Inc. (Los Angeles); Epic Land Solutions, Inc. (Riverside); Hawran & Malm, LLC (Newport Beach); Hennessey & Hennessey, LLC (Tustin); Integra Realty Resources — Los Angeles (Encino); Michael J. Francis (Newport Beach); R.P. Laurain & Associates, Inc. (Long Beach); Santolucito Dore Group, Inc. (Canyon Lake); and Thomas M. Pike, Jr., MAI (Coto De Caza) — submitted responsive and responsible proposals prior to the 2:00 p.m. submittal deadline on October 21, 2021. Based on the evaluation criteria set forth in the RFP, the firms were evaluated and scored by an evaluation committee comprised of Commission staff. As a result of the evaluation committee's assessment of the written proposals, the evaluation committee determined five firms — Hawran & Malm, LLC; Hennessey & Hennessey, LLC; Integra Realty Resources — Los Angeles; R.P. Laurain & Associates, Inc.; and Santolucito Dore Group, Inc. — to be the most qualified firms to provide on -call right of way appraisal services. The evaluation committee recommends contract awards to these five firms for a three-year term, in the aggregate amount of $1 million, as these firms earned the highest total evaluation scores. The multiple award, on -call, indefinite delivery/indefinite quantity task order type contracts do not guarantee work to any of the awardees; therefore, no funds are guaranteed to any consultant. Pre -qualified consultants will be selected for specific tasks based on qualification information contained in their proposals and/or competitive fee proposals for the specific tasks. Services will be provided through the Commission's issuance of contract task orders to the consultants on an as -needed basis. The Commission's model on -call professional services agreement will be entered into with each consultant firm. Staff recommends the Commission authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreements on behalf of the Agenda Item 6K 624 Commission and the Executive Director, or designee, to execute task orders awarded to the consultants under the terms of the agreements. Staff oversight of the contracts and task orders will maximize the effectiveness of the consultants and minimize costs to the Commission. Financial Information In Fiscal Year Budget: Yes N/A Year: FY 2021/22 FY 2022/23+ Amount: $150,000 $850,000 Source of Funds: 2009 Measure A, State Transportation Improvement Program, various Federal, and Transportation Uniform Mitigation Fees, RCA reimbursements Budget Adjustment: No N/A GL/Project Accounting No.: 623999 81403 00014 0000 262 31 81403 654199 81403 00014 0000 265 33 81403 r22001 81403 00014 0000 750 68 81403 Fiscal Procedures Approved: \l L ,3 „ Date: 11/15/2021 Attachments: 1) Draft On -Call Professional Services Agreement 22-31-009-00 with Hawran & Malm, LLC 2) Draft On -Call Professional Services Agreement 22-31-026-00 with Hennessey & Hennessey, LLC 3) Draft On -Call Professional Services Agreement 22-31-027-00 with Integra Realty Resources — Los Angeles 4) Draft On -Call Professional Services Agreement 22-31-028-00 with R.P. Laurain & Associates, Inc. 5) Draft On -Call Professional Services Agreement 22-31-029-00 with Santolucito Dore Group, Inc. Approved by the Western Riverside County Programs and Projects Committee on November 22, 2021 In Favor: 11 Abstain: 0 No: 0 Agenda Item 6K 625 ATTACHMENT 1 Agreement No. 22-31-009-00 PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING ASSISTANCE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT WITH HAWRAN & MALM, LLC FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Parties and Date. This Agreement is made and entered into this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("the Commission") and HAWRAN & MALM, LLC ("Consultant"), a Limited Liability Company. The Commission and Consultant are sometimes referred to herein individually as "Party", and collectively as the "Parties". Recitals. A. On November 8, 1988, the Voters of Ri rside County approved Measure A authorizing the collection of a one-half percent (1/2 %) retail transactions and use tax (the "tax") to fund transportation programs and improvements within the County of Riverside, and adopting the Riverside County Transportation Improvement Plan (the "Plan"). B. Pursuant to Public Utility Code Sections 240000 et seq., the Commission is authorized to allocate the proceeds of the Tax in furtherance of the Plan. C. On November 5, 2002, the voters of Riverside County approved an extension of the Measure A tax for an additional thirty (30) years for the continued funding of transportation and improvements within the County of Riverside. D. A source of funding for payment for on -call professional appraisal services provided under this Agreement may be Federal Highway Administration ("FHWA") funds administered by the California Department of Transportation ("Caltrans"), and/or funds from the Federal Transit Administration ("FTA"). This Commission may withhold payment of any federal funds hereunder until the certification shown in Exhibit "F" attached hereto and incorporated herein by reference, is executed. E. Consultant desires to perform and assume responsibility for the provision of certain on -call right of way appraisal services for projects in the County of Riverside, California. Services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). Consultant 626 represents that it is experienced in providing such services to public clients, is licensed in the State of California (if necessary) and is familiar with the plans of the Commission. G. Commission desires to engage Consultant to render such services on an on -call basis. Services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein and in each Task Order (each such project shall be designated a "Project" under this Agreement). Terms. 1. General Scope of Services. Consultant shall furnish all technical and professional services, including labor, material, equipment, transportation, supervision and expertise, and incidental and customary work necessary to fully and adequately supply the on -call right of way appraisal services for the Services are generally described in Exhibit "A" attached by reference. The Services shall be more particularly Orders issued by the Commission's Executive Dire or be performed unless authorized by a fully exec Task subject to, and performed in accordance with, : Agr-em the exhibits attached hereto and incorporate • -re' •y r local, state and federal laws, rules and regulation 2. Task Orders. Commencem under this Agreement shall be requeste requests. If Commission acce •,, sult issue a purchase order or e. uted :sk Order Authorization"). Con Order, Commission's Task Or Services shall indicat rojects ("Services"). The to and incorporated herein ribed in the individual Task ignee. No Services shall O .. All Services shall be ent, relevant Task Order, eference, and all applicable Schedule of Services. Services mission pursuant to Task Order s Task Order proposal, Commission shall er for the Services ("Commission's Task t to the final terms of a proposed Task uthoriza ion and Consultant's commencement of the reement to the terms of the relevant Task Order. Cons t shall mmence Services under a Task Order within five (5) days of receiving Co sion' , ask Order Authorization. Consultant sh I perform the Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3. Pre -Award Audit. As a result of the funding for this Project, and to the extent Caltrans procedures apply in connection therewith, issuance of a "Notice to Proceed" or other authorization to proceed under a Task Order may be contingent upon completion and approval of a pre -award audit. Any questions raised during the pre -award audit shall be resolved before Services are commenced under a Task Order. The funding provided under this Agreement is contingent on meeting all funding requirements and could be withdrawn, thereby entitling the Commission to terminate this Agreement, if the procedures are not completed. The Consultant's files shall be maintained in a manner to facilitate State process reviews. In addition, Caltrans may require that prior to performance of any work for which funding reimbursement through Caltrans is requested and provided, that Caltrans must give to Commission an "Authorization to Proceed". 4. Audit Procedures. 4.1 Consultant and certain subconsultant contracts, including cost proposals and ICR, are subject to audits or reviews such as, but not limited to, a contract audit, an incurred cost audit, an Independent Cost Review (ICR) Audit, or a CPA ICR audit work paper review. If selected for audit or review, this Agreement, Consultant's cost proposal and ICR and related work papers, if applicable, will be reviewed to verify compliance with 48 CFR, Part 31 and other related laws and egulations. In the instances of a CPA ICR audit work paper review it is Consultant's r state, or local government officials are allowed full a including making copies as necessary. This Agreem ICR shall be adjusted by Consultant and app manager to conform to the audit or review r individual terms of costs identified in the a Agreement by this reference if directed by Com Consultant to incorporate audit or revie •mme state or local governments have access of the Agreement terms and cause for to of prior reimbursed costs. Ad set forth in Sections 22 and Section 4.2 and 4.3 shall a source. 4.2 by the Consultant's in toward a resolution of i best efforts to resolve an onsibility to ensure federal, to the CPA's work papers C• Itant's cost proposal, and by t Commission's contract dations. "-`onsultant agrees that shall be incorporated into this on at its sole discretion. Refusal by ions, or to ensure that the federal, ers, will be considered a breach this Agreement and disallowance ovisions applicable to this Agreement are ent. e extent applicable to the Task Order and funding altrans' review of the ICR audit work papers created CPA, Caltrans will work with the CPA and/or Consultant hat arise during the review. Each party agrees to use its audit disputes in a timely manner. If Caltrans identifies significant issues during the review and is unable to issue a cognizant approval letter, Commission will reimburse the Consultant at an accepted ICR until a FAR (Federal Acquisition Regulation) compliant ICR {e.g. 48 CFR Part 31; GAGAS (Generally Accepted Auditing Standards); CAS (Cost Accounting Standards), if applicable; in accordance with procedures and guidelines of the American Association of State Highways and Transportation Officials (AASHTO) Audit Guide; and other applicable procedures and guidelines is received and approved by Caltrans. Accepted rates will be as follows: a. If the proposed rate is less than one hundred fifty percent (150%) - the accepted rate reimbursed will be ninety percent (90%) of the proposed rate. 4 628 b. If the proposed rate is between one hundred fifty percent (150%) and two hundred percent (200%) - the accepted rate will be eighty-five percent (85%) of the proposed rate. c. If the proposed rate is greater than two hundred percent (200%) - the accepted rate will be seventy-five percent (75%) of the proposed rate. 4.3 If Caltrans is unable to issue a cognizant letter per Section 4.2 above, Caltrans may require Consultant to submit a revised independent CPA -audited ICR and audit report within three (3) months of the effective date of the Caltrans' management letter. Caltrans will then have up to six (6) months to review the Consultant's and/or the independent CPA's revisions. If the Consultant fails to comply with the provisions of this Section 4, or if Caltrans is still unable to issue a cognizant approval letter er the revised independent CPA audited ICR is submitted, overhead cost reimbu a'°'lent will be limited to the accepted ICR that was established upon initial reje . •f the ICR and set forth in Section 4.2 above for all rendered services. In this - t, t . ccepted ICR will become the actual and final ICR for reimbursement purp• under th greement. Consultant may submit to Com io nal invoice only when all of the following items have occurred: (1) Caltrans ac or adjusts the original or revised independent CPA audited ICR; (2) all nder Agreement has been completed to the satisfaction of Commission; and ( ha ssued its final ICR review letter. The Consultant must submit its final in o • mission no later than sixty (60) calendar days after occurrenc_ last these items. The accepted ICR will apply to this Agreement and all k 0' -rs i ed under this Agreement, and all other agreements executed betty- the on and the Consultant, either as a prime or subconsultant, with the - e .. period CR. 5.1 Agr- ent shall go into effect on the date first set forth above, contingent upon appro ommission, and Consultant shall commence work after notification to proceed by ommission's Contract Administrator. This Agreement shall end on December 31, 2025, unless extended by contract amendment. Notwithstanding the foregoing, Caltrans and/or FHWA funded Task Orders shall be completed within thirty-six (36) months of the Effective Date, unless approval of Caltrans is obtained from the Commission. 5.2 Consultant is advised that any recommendation for contract award is not binding on Commission until this Agreement is fully executed and approved by the Commission. 5.3 This Agreement shall remain in effect until the date set forth above, unless earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 6. Commission's Contract Administrator. The Commission hereby designates the Commission's Executive Director, or his or her designee, to act as its Contract Administrator for the performance of this Agreement ("Commission's Contract Administrator"). Commission's Contract Administrator shall have the authority to act on behalf of the Commission for all purposes under this Agreement. Commission's Contract Administrator shall also review and give approval, as needed, to the details of Consultant's work as it progresses. Consultant shall not accept direction or orders from any person other than the Commission's Contract Administrator or his or her designee. 7. Consultant's Representative. Consultant hereby Sydney H. Hawran to act as its Representative for the performance of this Representative"). Consultant's Representative shall hav of Consultant for all purposes under this Agreement. shall supervise and direct the Services, using his or and shall be responsible for all means, methods, t and for the satisfactory coordination of all portio Consultant shall work closely and coope Administrator and any other agencies which may the Services. Consultant's Representat' call all reasonable times. Any substitution in in writing by Commission's Contract Admi 8. Substitution of Commission that certain ke this Agreement. Should one o may substitute other Commission. In t substitution of the Agreement for cause, performance of this Ag otherwise identified in the greement ("Consultant's 1 authority to act on behalf Consultant's Representative sional skill and attention, niques, ences and procedures th- Service nder this Agreement. with Commission's Contract e jurisdiction over, or an interest in, ilable to the Commission staff at presentative shall be approved Consultant has represented to the rform and coordinate the Services under of suc personnel become unavailable, Consultant ast equal competence upon written approval by the mmission and Consultant cannot agree as to the I, the Commission shall be entitled to terminate this to the provisions herein. The key personnel for nt are: Sydney H. Hawran, James C. Malm, or as sk Order. 9. Standard of Care; Licenses. Consultant represents and maintains that it is skilled in the professional calling necessary to perform all Services, duties and obligations required by this Agreement to fully and adequately complete the Project. Consultant shall perform the Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Consultant further represents and warrants to the Commission that its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be maintained throughout the term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from the Commission, any services 6 630 necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. Any employee of Consultant or its sub -consultants who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Consultant and shall not be re-employed to perform any of the Services or to work on the Project. 10. Independent Contractor. The Services shall be performed by Consultant or under its supervision. Consultant will determine the means, methods and details of performing the Services subject to the requirements of th'. Agreement. Commission retains Consultant on an independent contractor basis an;;>'ot as an employee, agent or representative of the Commission. Consultant retai - right to perform similar or different services for others during the term of this ' • eme `. Any additional personnel performing the Services under this Agreement o -half of C• ultant shall at all times be under Consultant's exclusive direction and trol. Consult: shall pay all wages, salaries and other amounts due such personn ' q ection with their performance of Services and as required by law. Consultant s be responsible for all reports and obligations respecting such personnel, i � • bu t limited to, social security taxes, income tax withholdings, unemploymen ''_ - . ability insurance, and workers' compensation insurance. 11. Project Progre 11.1 Modificati the Commission, thr required Services informed of all an schedule modification of Services for approva the Sc edule. Consultant shall regularly report to dence or progress reports, its progress in providing ed time periods. Commission shall be promptly ys. In the event that Consultant determines that a ry, Consultant shall promptly submit a revised Schedule mmission's Contract Administrator. 11.2 Trend Meetings. Consultant shall conduct trend meetings with the Commission's Contract Administrator and other interested parties, as requested by the Commission, on a bi-weekly basis or as may be mutually scheduled by the Parties at a standard day and time. These trend meetings will encompass focused and informal discussions concerning scope, schedule, and current progress of Services, relevant cost issues, and future Project objectives. Consultant shall be responsible for the preparation and distribution of meeting agendas to be received by the Commission and other attendees no later than three (3) working days prior to the meeting. 11.3 Progress Reports. As part of its monthly invoice, Consultant shall submit a progress report, in a form determined by the Commission, which will indicate the progress achieved during the previous month in relation to the Schedule of Services. 7 631 Submission of such progress report by Consultant shall be a condition precedent to receipt of payment from the Commission for each monthly invoice submitted. 12. Delay in Performance. 12.1 Excusable Delays. Should Consultant be delayed or prevented from the timely performance of any act or Services required by the terms of the Agreement by reason of acts of God or of the public enemy, acts or omissions of the Commission or other governmental agencies in either their sovereign or contractual capacities, fires, floods, pandemics, epidemics, quarantine restrictions, strikes, freight embargoes or unusually severe weather, performance of such act shall be excused for the period of such delay. 12.2 Written Notice. If Consultant believes tt is entitled to an extension of time due to conditions set forth in subsection 12.1, CoCo'it ultant shall provide written notice to the Commission within seven (7) working day , ? a :,, the time Consultant knows, or reasonably should have known, that performance y he -rvices will be delayed due to such conditions. Failure of Consultant to provi•; uch tim_' otice shall constitute a waiver by Consultant of any right to an excusa. dela in time •erformance. 12.3 Mutual Agreement. Agreement may be delayed upon agreement, Consultant's Schedule of Commission. Consultant shall take all re and additional costs, resulting f 13. Prelimina R products prepared for subm Agreement shall be s and the Commissio approval. In the e detailed plans and de as may be required in c Contract Administrator, in ce of any Services under this nt of the Parties. Upon such extended as necessary by the s to minimize delay in completion, extension. eports, working papers, and similar work in course of providing Services under this Commission's Contract Administrator in draft form, ions of such drafts prior to formal submission and designs are to be developed as part of the Project, final be contingent upon obtaining environmental clearance on with Federal funding. In the event that Commission's or her sole discretion, determines the formally submitted work product to be not in accordance with the standard of care established under this Agreement, Commission's Contract Administrator may require Consultant to revise and resubmit the work at no cost to the Commission. 14. Appearance at Hearings. If and when required by the Commission, Consultant shall render assistance at public hearings or other meetings related to the Project or necessary to the performance of the Services. However, Consultant shall not be required to, and will not, render any decision, interpretation or recommendation regarding questions of a legal nature or which may be construed as constituting a legal opinion. 15. Opportunity to Cure; Inspection of Work. Commission may provide Consultant an opportunity to cure, at Consultant's expense, all errors and omissions 8 632 which may be disclosed during Project implementation. Should Consultant fail to make such correction in a timely manner, such correction may be made by the Commission, and the cost thereof charged to Consultant. Consultant shall allow the Commission's Contract Administrator and Caltrans to inspect or review Consultant's work in progress at any reasonable time. 16. Final Acceptance. Upon determination by the Commission that Consultant has satisfactorily completed the Services required under this Agreement and within the term set forth herein the Commission shall give Consultant a written Notice of Final Acceptance. Upon receipt of such notice, Consultant shall incur no further costs hereunder, unless otherwise specified in the Notice of Final Acceptance. Consultant may request issuance of a Notice of Final Acceptance when, in its opinion, it has satisfactorily completed all Services required under the terms of this Agreement. In the event copyrights are permitted under this Agreement, then in con ction with Federal funding, it is hereby acknowledged and agreed that the Transportation shall have the royalty -free non-exc reproduce, publish, or otherwise use, and to aut • ze governmental purposes. ed States Department of and irrevocable right to rs to use, the work for 17. Laws and Regulations. Consulta h. eep itself fully informed of and in compliance with all local, state and federal law es and regulations in any manner affecting the performance of the Pr• •r the -rvices, including all Cal/OSHA requirements, and shall give all notices r a For example, and not by way of limitation, Consultant shall keep itself o " d of and in compliance with all implementing regulations, desi• ;` dar• specifications, previous commitments that must be incorporated in the ► ign • `:the ect, and administrative controls including those of the United States ransportation. Compliance with Federal procedures may includ-_ om• `_ ; n of the applicable environmental documents and approved by the Uni D ment of Transportation. For example, and not by way of limitation, "°gned C •or`' I Exclusion, Finding of No Significant Impact, or published Record o ` . a-cision y be required to be approved and/or completed by the United States Depart ~`'_,; t o ransportation. For Consultant shall be liable for all violations of such laws a gulations in connection with Services. If the Consultant performs any work knowin• it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 18. Fees and Payment. 18.1 The method of payment for this Agreement will be based on actual cost. Commission shall reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the Services. Consultant shall not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, 9 633 travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant cost proposal attached hereto as Exhibit "B" and incorporated herein by reference, or any cost proposal included as part of a Task Order ("Cost Proposal") unless additional reimbursement is provided for by written amendment. In no event, shall Consultant be reimbursed for overhead costs at a rate that exceeds Commission's approved overhead rate set forth in the Cost Proposal. To the extent legally permissible, Consultant's approved overhead rate shall be fixed for the term of this Agreement. In the event that Commission determines that a change to the Services from that specified in the Cost Proposal, this Agreement or any Task Order is required, the Agreement time or actual costs reimbursable by Commission shall be adjusted by written amendment to accommodate the changed work. The maximum total cost as specified in Section 18.8 shall not be exceeded, unless authorized by a written amendment. 18.2 Reimbursement for transportation and, ubsistence costs shall not exceed the rates specified in the approved Cost Propo y '. In addition, payments to Consultant for travel and subsistence expenses clai r reimbursement or applied as local match credit shall not exceed rates a `` •rize`+, ,,.o be paid exempt non - represented State employees under curre tate D ment of Personnel Administration (DPA) rules, unless otherwise I I, hori :-d by C. `mission. If the rates invoiced are in excess of those authorize •' • . tes, and Commission has not otherwise approved said rates, then Consultant i ponsible for the cost difference and any overpayments shall be reimbursed - Com :: ion on demand. 18.3 When milestone cos Proposal for a Task Order, C milestone cost estimate fro estimate. 18.4 Services provided deliverable items Commission shall h accordance with the pro are included in the approved Cost obtain prior written approval for a revised dministrator before exceeding such cost ents shall be made monthly in arrears based on red costs. If Consultant fails to submit the required the schedule set forth in the Scope of Services, ht to delay payment or terminate this Agreement in s of Section 20, Termination. 18.5 No payment shall be made prior to approval of any Services, nor for any Services performed prior to approval of this Agreement. 18.6 Consultant shall be reimbursed, as promptly as fiscal procedures will permit upon receipt by Commission's Contract Administrator of itemized invoices in triplicate. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall detail the work performed on each milestone and each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this Agreement number and project title. Final invoice must contain the final cost and all credits due Commission including any equipment purchased under the Equipment Purchase provisions of this Agreement. The final invoice should be submitted within 60 calendar 10 634 days after completion of Consultant's work. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 18.7 The total amount payable by Commission, shall not exceed the amount set forth in each Task Order. 18.8 Commission has or will enter into five (5) task order contracts for performance of the Scope of Services identified in Exhibit "A", including this Agreement ("On -Call ROW Appraisal Task Order Contracts"). The of er On -Call ROW Appraisal Task Order Contracts are Hennessey & Hennessey, LL -31-026-00; Integra Realty Resources — Los Angeles, 22-31-027-00; R.P. Laura ssociates, Inc., 22-31-028- 00; and Santolucito Dore Group, Inc., 22-31-029- . total amount payable by Commission for the On -Call ROW Appraisal Ta rder Co cts shall not exceed a cumulative maximum total value of One Millio► ollar". ($1,00 , 0) ("NTE Sum"). It is understood and agreed that there is no guara ' 'er expressed or implied that this dollar amount will be authorized under the On -C. I. 6W Appraisal Task Order Contracts through Task Orders. Each time a Task is aw -d under any of the On -Call ROW Appraisal Task Order Contracts, C• m t send written notification to Consultant and each of the other consul n g into the On -Call ROW Appraisal Task Order Contracts. The no ' st i• tify the total funds allocated under issued Task Orders, and the rema g u cum ed amount of the NTE Sum. Consultant acknowledges and agrees .t must not pay any amount under this Agreement that would e _-e• TE Sum, and Consultant must not enter into a Task Order that exceeds 18.9 .lary inc ,; ses shall be reimbursable if the new salary is within the salary range identifies the • roved Cost Proposal and is approved by Commission's Contract Administrator. -rsonnel subject to prevailing wage rates as described in the California Labor Code, 11 salary increases, which are the direct result of changes in the prevailing wage rates are reimbursable. 18.10 Consultant shall not be reimbursed for any expenses unless authorized in writing by the Commission's Contract Administrator. 18.11 All subcontracts in excess of $25,000 shall contain the above provisions. 19. Disputes. 19.1 Any dispute, other than audit, concerning a question of fact arising under this Agreement that is not disposed of by mutual agreement of the Parties shall 11 635 be decided by a committee consisting of RCTC's Contract Administrator and the Director of Capital Projects, who may consider written or verbal information submitted by Consultant. 19.2 Not later than 30 days after completion of all Services under this Agreement, Consultant may request review by the Commission's Executive Director of unresolved claims or disputes, other than audit. The request for review will be submitted in writing. 19.3 Neither the pendency of a dispute, nor its consideration by the committee will excuse Consultant from full and timely performance in accordance with the terms of this Agreement. 20. Termination. 20.1 Commission reserves the right to, inate this Agreement upon thirty (30) calendar days written notice to Consult f• y or no reason, with the reasons for termination stated in the notice. Com sion m. -rminate Services under a Task Order, at any time, for any or no reaso rth the effect date of termination to be specified in the notice of termination of Ta 20.2 Commission may t Consultant fail to perform the covenant herein provided. In the event of such Services in any manner deeme Agreement with Consultant, under this Agreement for the cost of completion to Co such case, the over Agreement and th inate t greement with Consultant should d at the time and in the manner t ommission may proceed with the er b •mmission. If Commission terminates this pay Consultant the sum due to Consultant and accepted prior to termination, unless n ex ds the funds remaining in the Agreement. In educted from any sum due Consultant under this all be paid to Consultant upon demand. 20.3 -dditio o the above, payment upon termination shall include a prorated amount of pro f •licable, but no amount shall be paid for anticipated profit on unperformed Services. "='nsultant shall provide documentation deemed adequate by Commission's Contract Administrator to show the Services actually completed by Consultant prior to the effective date of termination. This Agreement shall terminate on the effective date of the Notice of Termination 20.4 Upon receipt of the written Notice of Termination, Consultant shall discontinue all affected Services as directed in the Notice or as otherwise provided herein, and deliver to the Commission all Documents and Data, as defined in this Agreement, as may have been prepared or accumulated by Consultant in performance of the Services, whether completed or in progress. 20.5 In addition to the above, Consultant shall be liable to the Commission for any reasonable additional costs incurred by the Commission to revise work for which the Commission has compensated Consultant under this Agreement, but which the Commission has determined in its sole discretion needs to be revised, in part 12 636 or whole, to complete the Project because it did not meet the standard of care established in this Agreement. Termination of this Agreement for cause may be considered by the Commission in determining whether to enter into future agreements with Consultant. 20.6 The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 20.7 Consultant, in executing this Agreement, shall be deemed to have waived any and all claims for damages which may otherwise arise from the Commission's termination of this Agreement, for convenience or cause, as provided in this Section. 20.8 Consultant may not terminate this Agre,-ment except for cause 20.9 In addition to the termination r '`,jC, above, Commission may temporarily suspend the Services under any Task d , at no additional cost to Commission, provided that Consultant is given w n notices ` temporary suspension. If Commission gives such notice of temporary s ' ension, Con ant shall immediately suspend its activities under the relevant Tas rde A temporary suspension may be issued concurrent with a notice of terminatio 21. Cost Principles and Admini _ ; ,:;'rements. 21.1 Consulta Procedures, 48 CFR, Fed et seq., shall be used to dete 21.2 accordance with Principles, and Audi the Contract Cost Principles and ulations System, Chapter 1, Part 31.000 allowability of individual items. agrees to comply with federal procedures in 200, Uniform Administrative Requirements, Cost nts for Federal Awards. 21.3 Any . s for which payment has been made to CONSULTANT that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Consultant to Commission. 21.4 All subcontracts in excess of $25,000 shall contain the above provisions. 22. Retention of Records/Audit. For the purpose of determining compliance with, as applicable, 2 CFR Part 200, Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Consultant, subconsultants, and Commission shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the 13 637 costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State or Federal Government shall have access to any books, records, and documents of Consultant and it's certified public accountants (CPA) work papers that are pertinent to this Agreement and, if applicable, indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 23.1 Accounting System. Consultant and its subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate expenditures by line item for the Services. The accounting system of Consultant and its subcontractors shall conform to Gen ally Accepted Accounting Principles (GAAP), enable the determination of incurs-; costs at interim points of completion, and provide support for reimbursement pa ; vouchers or invoices. 23. Audit Review Procedures. 23.1 Any dispute concerning or post audit of this Agreement that is not dispo by Commission's Chief Financial Offic 23.2 Not later than 30 Consultant may request a revie audit issues. The request for 23.3 Neither Commission shall e with the terms of t of fact arising under an interim by agreement, shall be reviewed suance of the final audit report, ion's Chief Financial Officer of unresolved bmitted in writing. enden of a dispute nor its consideration by nt from full and timely performance, in accordance 24.1 Nothi contained in this Agreement or otherwise, shall create any contractual relation between Commission and any subconsultant(s), and no subcontract shall relieve Consultant of its responsibilities and obligations hereunder. Consultant agrees to be as fully responsible to Commission for the acts and omissions of its subconsultant(s) and of persons either directly or indirectly employed by any of them as it is for the acts and omissions of persons directly employed by Consultant. Consultant's obligation to pay its subconsultant(s) is an independent obligation from Commission's obligation to make payments to the Consultant. 24.2 Consultant shall perform the Services contemplated with resources available within its own organization and no portion of the Services pertinent to this Agreement shall be subcontracted without written authorization by Commission's Contract Administrator, except that, which is expressly identified in the approved Cost Proposal. 14 638 24.3 Consultant shall pay its subconsultants within ten (10) calendar days from receipt of each payment made to Consultant by Commission. 24.4 Any subcontract in excess of $25,000 entered into as a result of this Agreement shall contain all the provisions stipulated in this Agreement to be applicable to subconsultants. 24.5 Any substitution of subconsultant(s) must be approved in writing by Commission's Contract Administrator prior to the start of work by the subconsultant(s). 24.6 Exhibit "B" may set forth the rates at which each subconsultant shall bill the Consultant for Services and that are subject to reimbursement by the Commission to Consultant. Additional Direct Costs, as defined in Exhibit "B" shall be the same for both the Consultant and all subconsultants, unless otherwi e identified in Exhibit "B" or in a Task Order. The subconsultant rate schedules and c proposals contained herein are for accounting purposes only. 25. Equipment Purchase 25.1 Prior authorization, i Administrator shall be required before Consults order, or subcontract for supplies, equi ent, or evaluation of the necessity or desirabili 25.2 For purcha the Cost Proposal and excee Contract Administrator is re the request for such purchas 25.3 to the following: Nonexpendable pro acquisition cost of $5, is sold or traded in, Com by Commission's Contract rs into any unbudgeted purchase ices. Consultant shall provide an h costs. , service or consulting work not covered in authorization, in writing, by Commission's petitive quotations must be submitted with ce of bidding must be adequately justified. urchased as a result of this Agreement is subject I m.intain an inventory of all nonexpendable property. ed as having a useful life of at least two years and an re. If the purchased equipment needs replacement and ion shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Consultant may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Consultant elects to keep the equipment, fair market value shall be determined at Consultant's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Consultant. If Consultant determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. provisions. 25.4 All subcontracts in excess $25,000 shall contain the above 15 639 26. Labor Code Requirements. 26.1 By its execution of this Agreement, Consultant certifies that it is aware of the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on certain "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. Copies of the prevailing rate of per diem wages are on file at the Commission's offices. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal project site. Consultant shall defend, indemnify and ho officials, officers, employees and agents free and har costs, penalties or interest arising out of any failure Prevailing Wage Laws. 26.2 DIR Registration. If the applicable "public works" or "maintenance" p Sections 1725.5 and 1771.1, the Cons with the Department of Industrial Relatio duration of the Project and require the also be subject to complian Industrial Relations. It sh applicable registration and 26.3 Code, eight hours any worker emplo any one calendar da for overtime is made at ace of business and at the e Commission, its elected from any claims, liabilities, failure to comply with the re being performed as part of an then pursuant to Labor Code and a bconsultants must be registered hall maintain registration for the subconsultants. This Project may and enforcement by the Department of s sole responsibility to comply with all equirements. Pursuant to the provisions of the California Labor itute a legal day's work, and the time of service of rk shall be limited and restricted to eight hours during hours in any one calendar week, except when payment s than one and one-half the basic rate for all hours worked in excess of eight hours p -r day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 26.4 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice 16 640 shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the responibility for compliance with provisions of this Section and with Sections 1777.5, 1777,;x;. nd 1777.7 of the California Labor Code in regard to all apprenticeable occupations ith Consultant. 27. Ownership of Materials/Confidentiali 27.1 Documents & Data. T Agr ent creates an exclusive and perpetual license for Commission to copy, use, , reuse, or sub -license any and all copyrights and designs embodied in pl. ,, specifi ns, studies, drawings, estimates, materials, data and other documents or th ip fixed in any tangible medium of expression, including but not limited • • rawings or data magnetically or otherwise recorded on computer, a ttes, ch are prepared or caused to be prepared by Consultant under this Agre ocu nts & Data"). Consulta req • all subcontractors to agree in writing that Commission is grantee '.m, u and perpetual license for any Documents & Data the subcontractor prep. unde s • ,-ement. presents and warrants that Consultant has the legal right to grant the excl d perpetual license for all such Documents & Data. Consultant makes no such presentation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 27.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer 17 641 media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsible to obtain in writing separate written assignments from any subcontractors or agents of Consultant of any and all right to the above referenced Intellectual Property. Should ..nsultant, either during or following termination of this Agreement, desire to use y of the above -referenced Intellectual Property, it shall first obtain the written appr •f the Commission. All materials and documents the Consultant for general use prior to the exec the copyright of any other party or publicly avai shall continue to be the property of the Consultan and stated prior to execution of this Agr it has the right to grant the exclusive and as provided herein. Commis perpetual license to copy, u otherwise owned by C Ita collective, insurrectio ich were eloped or prepared by of is Agree ent and which are not any other computer applications, owever, unless otherwise identified ant represents and warrants that n for all such Intellectual Property nted by Consultant a non-exclusive and -license any and all Intellectual Property hich is the basis or foundation for any derivative, ntal work created under this Agreement. 27.3 . All ideas, memoranda, specifications, plans, procedures, drawings, ons, computer program data, input record data, written information, and otherDents and Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. 27.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, 18 642 for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 28. Indemnification. To the fullest extent permitted by law, Consultant shall defend, indemnify and hold Commission, Caltrans and their directors, officials, officers, employees, consultants, volunteers, and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, inverse condemnation, and any claims related to property acquisition and relocation rules or failure to detect or abate hazardous materials, which are brought by a third party, and which , in any manner arise out of or are incident to alleged negligent acts, omissions, or willful misconduct of Consultant, its officials, officers, employees, agents, consul F. ts, and contractors arising out of or in connection with the performance of the .«: rvices, the Project or this Agreement, including without limitation the payment o equential damages, expert witness fees, and attorney's fees and other related c• an. :, senses. Consultant shall defend, at Consultant's own cost, expense and u any an• 1 such aforesaid suits, actions or other legal proceedings of every kin• t m.., be bro t or instituted against Commission, Caltrans, and their directors, o I fficers, employees, consultants, agents, or volunteers. Consultant shall pay and •sfy any judgment, award or decree that may be rendered against Commis - Itran their directors, officials, officers, employees, consultants, agents, or vol - - n such suit, action or other legal proceeding. Consultant shall re's burs .. mi on, Caltrans and their directors, officials, officers, employees, c•. its, ar-nts, and/or volunteers, for any and all legal expenses and costs, includir eas• .ble :.•rney's fees, incurred by each of them in connection therewith or in o = demnity herein provided. Consultant's obligation to indemnify no" , y restricted to insurance proceeds, if any, received by Commission, Caltran ,;'re• s, officials officers, employees, consultants, agents, or volunteers. N. a y' hstandin ;i the oregoing, to the extent Consultant's Services are subject to Civil Cod- -ction 2. 2.8, the above indemnity shall be limited, to the extent required by Civil Code 782.8, to claims that arise out of, pertain to, or relate to the negligence, reckless + , or willful misconduct of the Consultant. Consultant's obligations as set forth in t is Section 28 shall survive expiration or termination of this Agreement. 29. Insurance. 29.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this Section, in a form and with insurance companies acceptable to the Commission. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this Section. 29.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to 19 643 persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (a) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (b) Minimum Limits of Insurance. no less than: (1) General Liability: $2,000,000 per occ injury and property damage. If Commercial General L • general aggregate limit is used, either the genera to this Agreement/location or the general ag occurrence limit. Limits may be achieved by a umbrella liability insurance; (2) Automobile Liab injury and property damage. Limits ma chiev excess or umbrella liability insurance; a Liability: Workers' Compensation Limits a California. Employer's Practice sultant shall maintain limits e for bodily injury, personal urance or other form with gregate .: . shall apply separately 'mit sha e twice the required nation of primary and excess or 1,000,000 per accident for bodily any combination of primary and Compensation and Employer's y the Labor Code of the State of of $1,000,000 per accident. 29.3 Profes �•nsultant shall procure and maintain, and require its sub -consultants to • •re and maintain, for a period of five (5) years following completion of the Pr or d omissions liability insurance appropriate to their profession. For nsurance shall be in an amount not less than $1,000,000 per cl. ,; This in-. rance shall be endorsed to include contractual liability applicable to this Agri ent d shall be written on a policy form coverage specifically designed to protect ag:'` acts, errors or omissions of the Consultant. "Covered Professional Services" a designated in the policy must specifically include work performed under this Agreement. The policy must "pay on behalf of" the insured and must include a provision establishing the insurer's duty to defend. Subconsultants of Consultant shall obtain such insurance in an amount not less than $1,000,000 per claim. Notwithstanding the foregoing, the Commission may consider written requests to lower or dispense with the errors and omissions liability insurance requirement contained in this Section for certain subconsultants of Consultant, on a case -by -case basis, depending on the nature and scope of the Services to be provided by the subconsultant. Approval of such request shall be in writing, signed by the Commission's Contract Administrator. 29.4 Aircraft Liability Insurance. Prior to conducting any Services requiring use of aircraft, Consultant shall procure and maintain, or cause to be procured and maintained, aircraft liability insurance or equivalent form, with a single limit as shall 20 644 be required by the Commission. Such insurance shall include coverage for owned, hired and non -owned aircraft and passengers, and shall name, or be endorsed to name, the Commission, Caltrans and their directors, officials, officers, employees and agents as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant. 29.5 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: (a) General Liability. (i) Commercial General Liability Insurance must include coverage for (1) bodily Injury and property damage; (2) pers•nal Injury/advertising Injury; (3) premises/operations liability; (4) products/completed o limits that apply per Project; (6) explosion, collapse a deleted; (7) contractual liability with respect to this A1= damage; and (9) independent consultants covera tions liability; (5) aggregate derground (UCX) exclusion t; (8) broad form property (ii) The policy s + co no endorsements or provisions limiting coverage for (1) contractual liability; (2) c ability exclusion for claims or suits by one insured against another; or (3 .ntain other exclusion contrary to this Agreement. (iii) officials, officers, employees, 10 10 01 and 20371001, be "primary and no or Caltrans' insura 13, or endorsements hall give the Commission, its directors, d status using ISO endorsement forms 20 viding the exact same coverage. additional insured coverage under the policy shall will not seek contribution from the Commission's rance and shall be at least as broad as CG 20 01 04 e exact same coverage. (b) tomobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, Caltrans and their directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, Caltrans and their directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, Caltrans and their directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (c) Workers' Compensation and Employers Liability Coverage. 21 645 (i) Consultant certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. (d) All Coverages. set forth hereunder. (i) Defense costs shall be pa (ii) Requirements of in this Section are not intended as a limitation on or a waiver of any coverage normally provided b under this Agreement that any available insur the specified minimum insurance coverage req shall be available to the Commission, trans employees and agents as additional in requirements for coverage and limits s specified in this Agreement; or of any insurance policy or pro be satisfied by a comb' or excess insuran coverage shall als Commission (if agree own insurance or self -in able in addition to the limits s•,.: 'fi verage or limits contained erage, s, or other requirement, y insurance. .hall be a requirement eds broader than or in excess of ents and/or limits set forth herein their directors, officials, officers, aid policies. Furthermore, the e minimum coverage and limits overage and maximum limits of coverage the named insured; whichever is greater. (iii`' e lim °•f insurance required in this Agreement may ary and umbrella or excess insurance. Any umbrella be endorsed to contain a provision that such imary and non-contributory basis for the benefit of the itten contract or agreement) before the Commission's e shall be called upon to protect it as a named insured. The umbrella/excess polic' -} hall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). (iv) Consultant shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Consultant shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Consultant shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Consultant shall maintain such coverage 22 646 continuously for a period of at least three years after the completion of the work under this Agreement. Consultant shall purchase a one (1) year extended reporting period A) if the retroactive date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during the life of the Agreement, any policy of insurance required under this Agreement do -s not comply with these specifications or is canceled and not replaced, Commissi to obtain the insurance it deems necessary, and any be promptly reimbursed by Consultant or Commissio pay premium from Consultant payments. In the al.; 'ative, C Agreement. The Commission may require the '; sult t to pro all insurance policies in effect for the duration . ; e : %ject. (viii) Neith officials, officers, employees or agents arising under or by virtue of this Agreeme 29.6 Deduct' insured retentions must b Commission does not ap. ro Consultant shall guar shall reduce or el Commission, its di shall procure a bon claims and administrati as the right but not the duty m paid by Commission will old amounts sufficient to ission may cancel this e complete copies of ssion nor any of its directors, Ily responsible for any liability rance Retentions. Any deductibles or self - approved by the Commission. If the deduc"`les or self -insured retentions as presented, he option of the Commission, either: (1) the insurer tibles or self -insured retentions as respects the s, officers, employees and agents; or (2) the Consultant ing payment of losses and related investigation costs, defense expense. 29.7 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 29.8 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 23 647 29.9 Subconsultant Insurance Requirements. Consultant shall not allow any subcontractors or subconsultants to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this Section. Policies of commercial general liability insurance provided by such subcontractors or subconsultants shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Consultant, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subconsultants. 29.10 Other Insurance. At its option, the Commission may require such additional coverage(s), limits and/or the reduction of deductibles or retentions it considers reasonable and prudent based upon risk factors that may directly or indirectly impact the Project. In retaining this option Commission d not warrant Consultant's insurance program to be adequate. Consultant sha ' `ave the right to purchase insurance in addition to the insurance required in this . '•n. 30. Safety. Consultant shall execute an. ; aintain it .rk so as to avoid injury or damage to any person or property. In carryi G dut it ; Service , e Consultant shall at all times be in compliance with all applicable �A :,,, al ate and federal laws, rules and regulations, and shall exercise all necessary pr=, :'tions for the safety of employees appropriate to the nature of the work a con. s under which the work is to be performed. Safety precautions as applic e, but shall not be limited to: (A) adequate life protection and life saving - h , en `nd procedures; (B) instructions in accident prevention for all e s a subcontractors, such as safe walkways, scaffolds, fall protection lade, s, br ges, ng planks, confined space procedures, trenching and shoring, equ ^en safety devices, equipment and wearing apparel as are necessa► .r I. :, ly required to prevent accidents or injuries; and (C) adequate facilities for In • -r i ection and maintenance of all safety measures. 31. Additi Work y work or activities that are in addition to, or otherwise outside of, the Servi to • : performed pursuant to this Agreement shall only be performed pursuant to a s o- ate agreement between the parties. Notwithstanding the foregoing, the Commission "` Executive Director may make a change to the Agreement, other than a Cardinal Change. For purposes of this Agreement, a Cardinal Change is a change which is "outside the scope" of the Agreement; in other words, work which should not be regarded as having been fairly and reasonably within the contemplation of the parties when the Agreement was entered into. An example of a change which is not a Cardinal Change would be where, in a contract to construct a building there are many changes in the materials used, but the size and layout of the building remains the same. Cardinal Changes are not within the authority of this provision to order, and shall be processed by the Commission as "sole source" procurements according to applicable law, including the requirements of FTA Circular 4220.1 D, paragraph 9(f). (a) In addition to the changes authorized above, a modification which is signed by Consultant and the Commission's Executive Director, 24 648 other than a Cardinal Change, may be made in order to: (1) make a negotiated equitable adjustment to the Agreement price, delivery schedule and other terms resulting from the issuance of a Change Order, (2) reflect definitive letter contracts, and (3) reflect other agreements of the parties modifying the terms of this Agreement ("Bilateral Contract Modification"). (b) Consultant shall not perform, nor be compensated for any change, without written authorization from the Commission's Executive Director as set forth herein. In the event such a change authorization is not issued and signed by the Commission's Executive Director, Consultant shall not provide such change. 32. Prohibited Interests. 32.1 Solicitation. Consultant maintains a ,.• warrants that it has not employed nor retained any company or person, other tha_ . ^''ona fide employee working solely for Consultant, to solicit or secure this Agreem.; urther, Consultant warrants that it has not paid nor has it agreed to pay any co ny •erson, other than a bona fide employee working solely for Consultant 'ny fee, • .-. mission, percentage, brokerage fee, gift or other consideration conti >= nt u + n or res ing from the award or making of this Agreement. For breach or viola o s warranty, the Commission shall have the right to rescind this Agreement without lity. 32.2 Consultant Conflict (a) Con relationship with Commissio Agreement. Consultant her financial or business interest t this Agreement. isclose any financial, business, or other e an impact upon the outcome of this oes not now have, nor shall it acquire any ould conflict with the performance of services under bcontract in excess of $25,000 entered into as a result of this Agreement, sh. ontai► :II of the provisions of this Article. 32.3 Com sion Conflict of Interest. For the term of this Agreement, no member, officer or employee of the Commission, during the term of his or her service with the Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 32.4 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 25 649 32.5 Covenant Against Contingent Fees. As required in connection with federal funding, the Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the Consultant, to solicit or secure this Agreement, and that he/she has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or formation of this Agreement. For breach or violation of this warranty, the Commission shall have the right to terminate this Agreement without liability pursuant to the terms herein, or at its discretion to deduct from the Agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee. 32.6 Rebates, Kickbacks or Other Unlawful Consideration. Consultant warrants that this Agreement was not obtained or secured other unlawful consideration, either promised or paid to breach or violation of this warranty, Commission shall terminate this Agreement without liability; to pay o , I '' or performed; or to deduct from the Agreement pric_-; . • r othe of such rebate, kickback or other unlawful con ough rebates kickbacks or Commission employee. For the right in its discretion; to t alue of the work actually rwi ecover the full amount 32.7 Covenant Against Expends of Commission, State or Federal Funds for Lobbying. The Consultant c- that e best of his/ her knowledge and belief no state, federal or local agency as o• • fu `:a s have been paid, or will be paid by or on behalf of the Consultant to rs• or the purpose of influencing or attempting to influence an offic- plo of any state or federal agency; a Member of the State Legislature or ited `.tates ongress; an officer or employee of the Legislature or Congress; or e► a Member of the Legislature or Congress, in connection with the a d o state or federal contract, grant, loan, or cooperative agreement, or the e o " ation, renewal, amendment, or modification of any state or federal c• , 'act, gran' oa • r cooperative agreement. (a If . funds other than federal appropriated funds have been paid, or will be paid to an n for the purpose of influencing or attempting to influence an officer or employee of ny federal agency; a Member of Congress; an officer or employee of Congress, or an employee of a Member of Congress; in connection with this Agreement, the Consultant shall complete and submit the attached Exhibit "F", Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with the attached instructions. (b) The Consultant's certification provided in this Section is a material representation of fact upon which reliance was placed when this Agreement was entered into, and is a prerequisite for entering into this Agreement pursuant to Section 1352, Title 31, US. Code. Failure to comply with the restrictions on expenditures, or the disclosure and certification requirements set forth in Section 1352, Title 31, US. Code may result in a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. 26 650 (c) The Consultant also agrees by signing this Agreement that he/she shall require that the language set forth in this Section 3.23.7 be included in all Consultant subcontracts which exceed $100,000, and that all such subcontractors shall certify and disclose accordingly. 32.8 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 33. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be li ited to, all activities related to initial employment, upgrading, demotion, transfer ecruitment or recruitment advertising, layoff or termination. 34. Riht to Em lo Other Consultant ommis reserves the right to employ other consultants in connection with the " eject 35. Governing Law. This Agr- -nt sha governed by and construed with the laws of the State of California. Venu, t - in -rside County. 36. Disputes; Attorneys' Fees. 36.1 Prior to commencing an action hereunder, the Parties shall attempt in good faith to resolve any dispute arising between them. The pendency of a dispute shall not excuse Consultant from full and timely performance of the Services. 36.2. If the Parties are unable to resolve a dispute after attempting in good faith to do so, the Parties may seek any other available remedy to resolve the dispute. If either Party commences an action against the other Party, either legal, administrative or otherwise, arising out of or in connection with this Agreement, the prevailing Party in such litigation shall be entitled to have and recover from the losing Party reasonable attorneys' fees and, all other costs of such actions. 37. Time of Essence. Time is of the essence for each and every provision of this Agreement. 38. Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 39. Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 27 651 CONSULTANT: Hawran & Malm, LLC 2618 San Miguel Drive, Ste. 1601 Newport Beach, CA 92660 Attn: Sydney H. Hawran COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. mail, first class postage prepaid, and addressed to the Party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 40. Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 41. Amendment or Modification. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 42. Entire Agreement. This Aceement contains the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior negotiations, agreements or understandings. 43. Invalidity; Sev bilit y pBftion of this Agreement is declared invalid, illegal, or otherwise unenforceableby a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 44. Provisions Applicable When State Funds or Federal Funds Are Involved. When funding for the Services under a Task Order is provided, in whole or in part, from FHWA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "C" (FHWA/Caltrans requirements) attached hereto and incorporated herein by reference. When funding for the Services under a Task Order is provided, in whole or in part, from the FTA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "D" (FTA Requirements) attached hereto and incorporated herein by reference. 45. Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not limited to, the indemnification and confidentiality obligations, shall survive any such expiration or termination. 46. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 28 652 47. Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 48. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 49. Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall coope ate with the Commission in responding to the subpoena or court order. 50. Assignment or Transfer. Consultant all assign, hypothecate, or transfer, either directly or by operation of law, t Agreem`_«o;.or any interest herein, without the prior written consent of the Commi n. y atte to do so shall be null and void, and any assignees, hypothecates or shall acquire no right or interest by reason of such attempted assignment, hypoth: on or transfer. 51. Successors and Assigns. successors and assigns of the parties, a the prior written consent of Co ent shall be binding on the e assigned by Consultant without 52. Incorporation itals set forth above are true and correct and are incorporated into this 53. No W compliance with a waiver of such term, rights or powers hereu relinquishment of such oth ment a though fully set forth herein. mmission to insist on any one occasion upon strict covenants or conditions hereof shall not be deemed a condition, nor shall any waiver or relinquishment of any any one time or more times be deemed a waiver or right or power at any other time or times. 54. Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. [Signatures on following page] 29 653 SIGNATURE PAGE TO PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING/ASSISTANCE IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Anne Mayer Executive Director Approved as to Form: By: Best, Best & Krieger General Counsel CONSULTANT HAWRAN & MALM, LLC By: Signature Name ►TTEST: By: Its: * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 30 654 EXHIBIT A SCOPE OF SERVICES The Riverside County Transportation Commission (Commission) is seeking one or more Consultants (Consultant or Appraiser) to provide right of way appraisal services for developed or undeveloped residential, commercial, industrial, agricultural and railroad properties. Consultant shall produce appraisal reports for full or partial acquisitions, easements, temporary construction easements, leased or licensed properties, and sale or disposition of excess/surplus properties, as required by the Commission. Services shall be provided on an on-call/as reeded basis in support of current and future Commission Projects, Measure A ''' ejects and projects done in partnership with other agencies, pursuant to Task Or sued in the sole discretion of the Commission. Task Orders shall be awarded through a ,dditi• .I qualify ation-based selection process. Such appraisal services may includ re ns imited to, the following work program and/or comply with applicable ► .elow: 1. Consultant shall prepare appraisals in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended, and implemented by 49 CFR Part 24; the State of California Government Code, the State of California Relocation Assistance and Real Property Acquisition Guidelines (Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.), the California Code of Civil Procedure, the Uniform Standards of Professional Appraisal Practice (USPAP), and in some cases, the Uniform Appraisal Standards for Federal Land Acquisition Act. Consultant must be licensed by the State of California. 2. Consultant shall prepare appraisals in accordance with the Uniform Appraisal Standards for Federal Land Acquisition ("Yellow Book"). Consultant must be licensed by the State of California. 3. Consultant must be qualified to provide expert witness testimony and defend the opinions or conclusions reached in the appraisal at any Administrative or Judicial proceeding. 4. Deliverables shall typically consist of three (3) originals of the completed appraisal report and one (1) electronic copy, specialty reports and component valuations which may be performed by someone other than Consultant and incorporated into the overall fair market valuation. Exhibit A 655 5. Consultant may be required to meet with and coordinate their efforts with Commission staff, Commission legal counsel, and other consultants or Caltrans staff; participate in office or project site meetings. 6. Appraisal reports may be reviewed for acceptance and approval by Commission's review appraisers and Caltrans. Revisions may be required by reason of this review process. Consultants may be requested to complete and deliver revised and/or updated appraisals. In the event of non -acceptance due to errors or omissions, Consultant shall have fifteen (15) calendar days to make corrections and return the revised appraisals to the review appraiser. 7. For proposed acquisitions, the owner of the real property or a designated representative will be invited by the Appraiser to .:.company the Appraiser during the inspection of the property. This invit. u= must be in the form of a letter entitled "Notice to Appraise" written ;�;�%� Appraiser to the owner. A copy of the invitation will be included in app al report. 8. It is the Appraiser's responsibility engineers for discussion and/or cla Manner Proposed. This is critical in the easements where the Apprais engineering information to comp 9. The highest and best determined and su and best use of th supported. If t based, the that the p use and the the C mmission's project of the Construction in the aisal of partial acquisitions and oss sections or other project operty in the before condition must be I acquisition is involved, the highest after condition must be determined and use is not the premise on which the valuation is tain an explanation justifying the determination and adaptable for a different highest and best for that use in the market. 10. Where the acqui '` ''. involves only a part (or portion) of the property, the Appraiser win estimate any severance damages and special benefits to the remainder, including reasoning and market data to support the opinion or conclusion. The Appraiser will indicate if the remainder constitutes an economic or uneconomic unit in the market and/or to the present owner. 11. The California Eminent Domain Law will be followed in partial acquisitions. Special benefits are to be offset only against damages to the remainder in accordance with the law. 12. Appraisal for easement acquisitions will reflect the restrictive elements of the easement to be acquired and the potential effect of such elements on the utility of the property considering its highest and best use. Full details with respect to any interference with the highest and best use of the property affected must be explained and supported. Exhibit A 656 13. The Appraiser must estimate and support the economic rent, state the contract rent and the remaining term of the lease as of the date of value. Lessor and lessee responsibilities for paying major expenses, e.g., taxes, insurance and maintenance shall be included. 14. Appraiser shall itemize in detail the "improvements pertaining to realty" (Eminent Domain Law-CCP Section 1263.205) showing their replacement cost new, depreciated value in place, salvage value if any, and relocation estimate. To the extent possible, determine the ownership claims of the Improvements Pertaining to the Realty. 15. In cases where the Appraisal Assignment requ (Furniture, Fixtures, Machinery and Equipmen (title, survey, soils, engineering), Appraise Commission's On -Call Consultants for suc prior approval for any others. Fees Consultants for Specialty Appraisal directly by the Commission. es a Specialty Appraisal nd/or Specialists Reports II utilize the services of or obtain Commission's y mmission's On -Call alist`' . eports shall be paid 16. It is the Appraiser's responsibility to thoroughly review the Specialty Appraisal for adoption (with adjustments or not, as appropriate) and inclusion in the overall appraisal. The estimated values that the specialty items contribute to the overall value of the real estate will be separately stated but included in the total value of the property. 17. If any legal iss request leg legal cou 18. It is the Appra if necessary, for property. during the appraisal assignment, Appraiser shall al opinions shall be rendered by Commission's onsibility to contact the Commission's legal counsel, ssion and/or clarification in identifying personal or real 19. If hazardous waste is discovered on the property, Appraiser shall seek further direction from the Commission. Exhibit A 657 EXHIBIT "B" COMPENSATION SUMMARY FIRM PROJECT TASKS/ROLE COST Prime Consultant: Hawran & Malm, LLC Right of Way Appraisal Services $ 1,000,000.00 Sub Consultants: TOTAL TS d. 1,000,000.00 1 Commission authorization pertains to total contract award amo the maximum total compensation authorized may not be exceede stments between consultants may occur; however, 658 EXHIBIT "C" FEDERAL DEPARTMENT OF TRANSPORTATION FHWA AND CALTRANS REQUIREMENTS 1. NONDISCRIMINATION & STATEMENT OF COMPLIANCE. A. Consultant's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that CONSULTANT has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. B. During the performance of this Agreement, Consultant and its subconsultants shall not deny the Agreement's benefits to any person on the b is of race, religious creed, color, national origin, ancestry, physical disability, men _usability, medical condition, genetic information, marital status, sex, gender, gende . e ty, gender expression, age, sexual orientation, or military and veteran status, n' hall unlawfully discriminate, harass, or allow harassment against any employ- r applican employment because of race, religious creed, color, national on ' anc- try, phy ical disability, mental disability, medical condition, genetic informati. .: r ital status, sex, gender, gender identity, gender expression, age, sexual orient A , or military and veteran status. Consultant and its subconsultants shall -that -valuation and treatment of their employees and applicants for employ j - from such discrimination and harassment. C. Consultant and its s Employment and Housing A promulgated thereunde 11139.5, and any re article. The applic implementing Gov. into this Agreement by I comply with the provisions of the Fair 12990 et seq.), the applicable regulations 000 et seq.), the provisions of Gov. Code §§11135- dards adopted by Commission to implement such the Fair Employment and Housing Commission (a -f), set forth 2 CCR §§8100-8504, are incorporated and made a part hereof as if set forth in full. D. Consultant shall permit access by representatives of the Department of Fair Employment and Housing and the Commission upon reasonable notice at any time during the normal business hours, but in no case less than twenty-four (24) hours' notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Commission shall require to ascertain compliance with this clause. E. Consultant and its subconsultants shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. F. If this Agreement is federally funded, the Consultant shall comply with regulations relative to Title VI (nondiscrimination in federally -assisted programs of the Department of Transportation — Title 49 Code of Federal Regulations, Part 21 - Effectuation of Title VI Exhibit C-1 659 of the 1964 Civil Rights Act). Title VI provides that the recipients of federal assistance will implement and maintain a policy of nondiscrimination in which no person in the state of California shall, on the basis of race, color, national origin, religion, sex, age, disability, be excluded from participation in, denied the benefits of or subject to discrimination under any program or activity by the recipients of federal assistance or their assignees and successors in interest. G. If this Agreement is federally funded, Consultant shall comply with regulations relative to non-discrimination in federally -assisted programs of the U.S. Department of Transportation (49 CFR Part 21 - Effectuation of Title VI of the Civil Rights Act of 1964). Specifically, the Consultant shall not participate either directly or indirectly in the discrimination prohibited by 49 CFR §21.5, including employment practices and the selection and retention of subconsultants. H. Consultant and its subconsultants will never exclude a._; person from participation in, deny any person the benefits of, or otherwise discriminate •ainst anyone in connection with the award and performance of any contract co,, d b CFR 26 on the basis of race, color, sex, or national origin. In administerin: he Com on components of the DBE Program plan, Consultant and its sub suit will n•`'; directly, or through contractual or other arrangements, use criteria effect of defeating or substantially impairing acco Program plan with respect to individuals ds of administration that have the hment of the objectives of the DBE ce, color, sex, or national origin. I. Consultant shall include the ' disc .1' :tion nd compliance provisions of this section in all subcontracts to p. ,, ork `1 •er this Agreement. 2. DEBARMENT AND SUS FICATION CONSULTANT's si perjury under the Title 2 CFR, Part 1 and Suspension (nonp therewith in the capacity under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency; has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have a proposed debarment pending; and has not been indicted, convicted, or had a civil judgment rendered against it by a court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years. Any exceptions to this certification must be disclosed to COMMISSION. ein, shall constitute a certification under penalty of o California, that CONSULTANT has complied with idelines to Agencies on Government wide Debarment t)", which certifies that he/she or any person associated ner, partner, director, officer, or manager, is not currently B. Exceptions will not necessarily result in denial of recommendation for award, but will be considered in determining CONSULTANT responsibility. Disclosures must indicate to whom exceptions apply, initiating agency, and dates of action. Exhibit C-2 660 C. Exceptions to the Federal Government Excluded Parties List System maintained by the General Services Administration are to be determined by the Federal highway Administration. 3. DISCRIMINATION; CONTRACT ASSURANCE The Commission shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any DOT -assisted contract or in the implementation of the Caltrans DBE program or the requirements of 49 CFR Part 26. The Commission shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of DOT -assisted contracts. Consultant or subcontractor shall not discriminate on the basis of race, color, national origin, of sex in the performance of this Agreement. Con tant or subcontractor shall carry out applicable requirements of 49 CFR Part 26 an e Caltrans DBE program in the award and administration of DOT -assisted cont ;,.as further set forth below. Failure by the Consultant or subcontractor to carry thes. ' quirements is a material breach of this Agreement, which may result in th; 1 rmination . is Agreement or such other remedy, as the Commission deems appr• late. Failure by the Consultant to carry out these req contract, which may result in the termin this c recipient deems appropriate, which may (1) Withholding monthly progre (2) Assessing sanctions; (3) Liquidated damages; an (4) Disqualifying Consu ments is a material breach of this act or such other remedy as the s of limited to: %l Jure proposing as non -responsible Consultant or subcons► , t .II pay to any subconsultant, not later than fifteen (15) days after receipt of each egress payment, unless otherwise agreed to in writing, the respective amounts allowed Consultant on account of the work performed by the subconsultants, to the extent of each subconsultant's interest therein. In the event that there is a good faith dispute over all or any portion of the amount due on a progress payment from Consultant or subconsultant to a subconsultant, Consultant or subconsultant may withhold no more than 150 percent of the disputed amount. Any violation of this requirement shall constitute a cause for disciplinary action and shall subject the Consultant or subconsultant to a penalty, payable to the applicable subconsultant, of 2 percent of the amount due per month for every month that payment is not made. In any action for the collection of funds wrongfully withheld, the prevailing party shall be entitled to his or her attorney's fees and costs. The sanctions authorized under this Exhibit C-3 661 requirement shall be separate from, and in addition to, all other remedies, either civil, administrative, or criminal. This clause applies to both DBE and non -DBE subconsultants. 5. RELEASE OF RETAINAGE No retainage will be held by the Commission from progress payments due to Consultant. Consultant and subconsultants are prohibited from holding retainage from subconsultants. Any delay or postponement of payment may take place only for good cause and with the Commission's prior written approval. Any violation of these provisions shall subject Consultant or the violating subconsultant to the penalties, sanctions, and other remedies specified in Section 3321 of the California Civil Code. This requirement shall not be construed to limit or impair any contractual, administrative or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consulta deficient subconsultant performance and/or noncompliance by a subconsultant. T clause applies to both DBE and non -DBE subconsultants. 6. LEGAL REMEDIES In addition to those contract remedies set forth under relevant provisions of California law, either Party to this Agreement may, where applicable, seek legal redress for violations of this Agreement pursuant to the relevant provisions of 49 C.F.R. Parts 23 and 26, to the relevant federal or state statutory provisions governing civil rights violations, and to the relevant federal and state provisions governing false claims or "whistleblower" actions, as well as any and all other applicable federal and state provisions of law. The Consultant shall include a provision to this effect in each of its agreements with its subcontractors. 7. DBE PARTICIPATION Caltrans has developed a statewide DBE program pursuant to 49 C.F.R. Part 26. The requirements and procedures, as applicable, of the Caltrans DBE program are hereby incorporated by reference into this Agreement. Even if no DBE participation will be reported, Consultant shall complete any Caltrans required DBE reporting forms, as provided by the Commission, in compliance with the Caltrans DBE program, and a final utilization report in the form provided by the Commission. A. This Agreement is subject to Title 49, Part 26 of the Code of Federal Regulations entitled "Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs." Consultants who enter into a federally - funded agreement will assist the Commission in a good faith effort to achieve California's statewide overall DBE goal. B. This Agreement does not have a DBE goal, but DBE goals may be included as part of each Task Order request for proposals. Participation by DBE Consultant or Exhibit C-4 662 subconsultants for an FHWA funded Task Order shall be in accordance with the information contained in the Consultant Contract DBE Commitment form (Caltrans LAPM Forms Exhibit 10-01) to be submitted with the relevant Task Order proposal. If a DBE subconsultant is unable to perform, the Consultant must make a good faith effort to replace him/her with another DBE subconsultant, if the goal is not otherwise met. A DBE is a firm meeting the definition of a DBE as specified in 49 CFR. C. All DBE participation will count toward the Caltrans federally mandated statewide overall DBE goal. Credit for materials or supplies Consultant purchases from DBEs counts towards the goal in the following manner: • 100 percent counts if the materials or supplies are obtained from a DBE manufacturer. • 60 percent counts if the materials or supplies are chased from a DBE regular dealer. • Only fees, commissions, and charges for istan• in the procurement and delivery of materials or supplies count if obt from ' BE that is neither a manufacturer nor regular dealer. 49 CFR 2• def',-s "man+"'acturer" and "regular dealer." D. DBE and other small businesse ed in Title 49 CFR, Part 26 are encouraged to participate in the perform. - • - - ents financed in whole or in part with federal funds. The Consulta ubre t or ubconsultant shall not discriminate on the basis of race, color, nat . '';,• in, sex in the performance of this Agreement. The Consultant shall carry o r"'.ppli le re• 'rements of 49 CFR, Part 26 in the award and administration of US D• ements. Failure by the contractor to carry out these requirements ;r a `' .I breach of this Agreement, which may result in the termination of this A other remedy as the Commission, Caltrans or the Department of Tra ortation . -ms appropriate. E. Any subcontract er-- nto as a result of this Agreement shall contain all of the provisions of this section. F. A DBE may be terminated only as further set forth in Section 13 below. 8. DBE PARTICIPATION GENERAL INFORMATION It is Consultant's responsibility to be fully informed regarding the requirements of 49 CFR, Part 26, and the Caltrans DBE program. Particular attention is directed to the following: A. A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime contractor, subcontractor, joint venture partner, as a vendor of material or supplies, or as a trucking company. Exhibit C-5 663 C. A DBE joint -venture partner must be responsible for specific contract items of work or clearly defined portions thereof. Responsibility means actually performing, managing and supervising the work with its own forces. The DBE joint venture partner must share in the capital contribution, control, management, risks and profits of the joint -venture commensurate with its ownership interest. D. A DBE must perform a commercially useful function, pursuant to 49 CFR 26.55 that is, must be responsible for the execution of a distinct element of the work and must carry out its responsibility by actually performing, managing and supervising the work, as more fully described in section 9 below. E. The Consultant shall list only one subcontractor for each portion of work as defined in the Consultant's bid/proposal and all DBE subcontrac,.., s should be listed in the Consultant's bid/cost proposal list of subcontractors. F. A Consultant who is a certified DBE is ell Agreement toward the DBE participation except by non -DBE subcontractors. to all of the work in the portion o work to be performed G. Consultant shall notify the Commission's tract administrator or designated representative of any changes to its a ,; ,, -d D:i °:.articipation prior to starting the affected work. 9 . COMMERCIALLY USE A. A DBE performs a co of the work of the Agree managing, and supe the DBE must als Agreement, for nego and installing (where a a DBE is performing a subcontracted, industry practices; whether the amount the firm is to be paid under the Agreement is commensurate with the work it is actually performing, and other relevant factors. unction when it is responsible for execution carrying out its responsibilities by actually performing, volved. To perform a commercially useful function, ith respect to materials and supplies used on the determining quality and quantity, ordering the material, and paying for the material itself. To determine whether mercially useful function, evaluate the amount of work B. A DBE does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, Agreement, or project through which funds are passed in order to obtain the appearance of DBE participation. In determining whether a DBE is such an extra participant, examine similar transactions, particularly those in which DBEs do not participate. C. If a DBE does not perform or exercise responsibility for at least thirty percent of the total cost of its Agreement with its own work force, or the DBE subcontracts a greater portion of the work of the Agreement than would be expected on the basis of normal Exhibit C-6 664 industry practice for the type of work involved, it will be presumed that it is not performing a commercially useful function. 10. DBE CERTIFICATION AND DE -CERTIFICATION STATUS If a DBE subcontractor is decertified before completing its work, the decertified subcontractor shall notify the Contractor in writing with the date of de -certification. If a subcontractor becomes a certified DBE during the life of the Agreement, the subcontractor shall notify the Contractor in writing with the date of certification. Any changes should be reported to the Commission's Contract Administrator within 30 days. 11. DBE RECORDS A. The Contractor shall maintain records of materials all subcontracts entered into with certified DBEs. The business address of each DBE subconsultant, DBE and the total dollar amount actually paid each b shall show the date of payment and the total Contractors shall also show the date of work pe corresponding dollar value of the work. chased and/or supplied from s shall show the name and dor, d DBE trucking company ess rega '•" ` s of tier. The records fi re paid `'• all firms. DBE prime y their own forces along with the In addition to all other requirements, Con to c•' plete and submit, on a monthly basis, the Monthly DBE Payment • (C. Ex '•it 9-F of Chapter 9 of the LAPM). B. Upon completion of t and submitted on the most c Disadvantaged Busine the LAPM), certifi representative an the final invoice. Fai will result in the Commi will be returned to the mmary of these records shall be prepared e form entitled, "Final Report -Utilization of (DBE)," CEM- 2402F (Exhibit 17-F in Chapter 17 of he Contractor or the Contractor's authorized to the Commission's Contract Administrator with e the summary of DBE payments with the final invoice holding $10,000 until the form is submitted. This amount tractor when a satisfactory "Final Report Utilization of Disadvantaged Business Enterprises (DBE)" is submitted to the Commission's Contract Administrator. a. Prior to the fifteenth of each month, the Contractor shall submit documentation to the Commission's Contract Administrator showing the amount paid to DBE trucking companies. The Contractor shall also obtain and submit documentation to the Commission's Contract Administrator showing the amount paid by DBE trucking companies to all firms, including owner -operators, for the leasing of trucks. If the DBE leases trucks from a non -DBE, the Contractor may count only the fee or commission the DBE receives as a result of the lease arrangement. b. The Contractor shall also submit to the Commission's Contract Administrator documentation showing the truck number, name of owner, California Highway Patrol CA Exhibit C-7 665 number, and if applicable, the DBE certification number of the truck owner for all trucks used during that month. This documentation shall be submitted on the Caltrans "Monthly DBE Trucking Verification," CEM-2404(F) form provided to the Contractor by the Commission's Contract Administrator. 12. REPORTING MATERIAL OR SUPPLIES PURCHASED FROM DBEs When Reporting DBE Participation, Material or Supplies purchased from DBEs may count as follows: A. If the materials or supplies are obtained from a DBE manufacturer, 100 % of the cost of the materials or supplies will count toward the DBE participation. A DBE manufacturer is a firm that operates or maintains a factory or establishment that produces on the premises, the materials, supplies, articles, or equipment required under the Agreement and of the general character described by the specifications. B. If the materials or supplies purchased from a DBE regular dealer, count 60 % of the cost of the materials or supplies toward DBE goals. A DBE regular dealer is a firm that owns, operates or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the Agreement, are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a DBE regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a DBE regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone or asphalt without owning, operating or maintaining a place of business provided in this section. C. If the person both owns and operates distribution equipment for the products, any supplementing of regular dealers' own distribution equipment, shall be by a long-term lease agreement and not an ad hoc or Agreement -by -Agreement basis. Packagers, brokers, manufacturers' representatives, or other persons who arrange or expedite transactions are not DBE regular dealers within the meaning of this section. D. Materials or supplies purchased from a DBE, which is neither a manufacturer nor a regular dealer, will be limited to the entire amount of fees or commissions charged for assistance in the procurement of the materials and supplies, or fees or transportation charges for the delivery of materials or supplies required on the job site, provided the fees are reasonable and not excessive as compared with fees charged for similar services. 13. TERMINATION AND SUBSTITUTION OF DBE SUBCONSULTANTS Consultant shall utilize the specific DBEs listed to perform the work and supply the materials for which each is listed unless Consultant or DBE subconsultant obtains the Commission's written consent. Consultant shall not terminate or substitute a listed DBE for convenience and perform the work with their own forces or obtain materials from other Exhibit C-8 666 sources without authorization from the Commission. Unless the Commission's consent is provided, the Consultant shall not be entitled to any payment for work or material unless it is performed or supplied by the listed DBE on the attached Consultant Contract DBE Commitment form. The Commission authorizes a request to use other forces or sources of materials if Consultant shows any of the following justifications: 1. Listed DBE fails or refuses to execute a written contract based on plans and specifications for the project. 2. The Commission stipulated that a bond is a condition of executing the subcontract and the listed DBE fails to meet the Commission's bond requirements. 3. Work requires a consultant's license and liste• ! BE does not have a valid license under Contractors License Law. 4. Listed DBE fails or refuses to perform the furnish the listed materials (failing or refusing to perform is not an abl= ' -ason to remove a DBE if the failure or refusal is a result of bad, h or discr ration). 5. Listed DBE's work is unsatisfacto d no compli ce with the contract. 6. Listed DBE is ineligible to work o - oject because of suspension or debarment. 7. Listed DBE becomes bankr 8. Listed DBE voluntarily withdr • .: t notice from the Agreement. 9. Listed DBE is ineligibl- :• rece edit .r the type of work required. 10. Listed DBE owner r be, mes disabled resulting in the inability to perform the wor 11. The Commission r documented good cause. Consultant shall no sources and provi and advise Consulta sources of materials sh BE of the intent to use other forces or material rovide the DBE with 5 days to respond to the notice mmission of the reasons why the use of other forces or ccur. Consultant's request to use other forces or material sources must include: 1. One or more of the reasons listed in the preceding paragraph. 2. Notices from Consultant to the DBE regarding the request. 3. Notices from the DBEs to Consultant regarding the request. If a listed DBE is terminated or substituted, Consultant must make good faith efforts to find another DBE to substitute for the original DBE. The substitute DBE must perform at least the same amount of work as the original DBE under the contract to the extent needed to meet or exceed the DBE goal. 14. DEBARMENT, SUSPENSION AND OTHER INELIGIBILITY AND VOLUNTARY EXCLUSION Exhibit C-9 667 In accordance with 49 CFR Part 29, which by this reference is incorporated herein, Consultant's subconsultants completed and submitted the Certificate of subconsultant Regarding Debarment, Suspension and Other Ineligibility and Voluntary Exclusion as part of the Consultant's proposal. If it is later determined that Consultant's subconsultants knowingly rendered an erroneous Certificate, the Commission may, among other remedies, terminate this Agreement. 15. ENVIRONMENTAL COMPLIANCE A. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000). B. Mandatory standards and policies relating to energ ncy which are contained in the state energy conservation plan issued in cones nce ; ', the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871). 16. NATIONAL LABOR RELATIONS BOARD C In accordance with Public Contract Code Consultant certifies under penalt perj finding of contempt of court by the immediately preceding t an order of a federal court th Labor Relations Board. 17. FUNDING REQ It is mutually understoo n the Parties that this Agreement may have been written before ascertaining the ability of funds or appropriation of funds, for the mutual benefit of both Parties, in order to avoid program and fiscal delays that would occur if the Agreement were executed after that determination was made. 915, and by signing this Agreement, at n. more than one final unappealable has been issued against Consultant within ause of Consultant's failure to comply with ant to comply with an order of the National This Agreement is valid and enforceable only if sufficient funds are made available to Commission for the purpose of this Agreement. In addition, this Agreement is subject to any additional restrictions, limitations, conditions, or any statute enacted by the Congress, State Legislature, or Commission governing board that may affect the provisions, terms, or funding of this Agreement in any manner. It is mutually agreed that if sufficient funds are not appropriated, this Agreement may be amended to reflect any reduction in funds. Exhibit C-10 668 EXHIBIT D FTA FUNDING REQUIREMENTS (Non-construction/maintenance work) As used herein, "RCTC" shall have the same meaning as the "Commission." The term "contract" or "Contract" shall have the same meaning as the "Agreement." 1. No Obligation by the Federal Government a. RCTC and Consultant acknowledge and agree that, notwithstanding any concurrence by the Federal Government in or approval of the solicitation or award of the underlying contract, absent the express written consent by the Federal Government, the Federal Government is not a party to this contract and shall not be subject to any obligations or liabilities to the Purchaser, Consultant, or any other party (whether or not a party to that contract) pertaining to any matter resulting from the underlyin• contract. b. The Consultant agrees to include the above clau each subcontract financed in whole or in part with Federal assistance provided by FT t i her agreed that the clause shall not be modified, except to identify the sub, sultant o will be subject to its provisions. 2. Program Fraud and False or Fraudulent ments or Related Acts a. The Consultant acknowledges t ovi ns of the Program Fraud Civil Remedies Act of 1986, as amended, 31 U. et seq. and U.S. DOT regulations, "Program Fraud Civil Remedies," F.R. rt 31, apply to its actions pertaining to this Project. Upon execution of th derl g c• ract, the Consultant certifies or affirms the truthfulness and accuracy of st . s made, it makes, it may make, or causes to be made, pertaining to the u %ng con'` act or the FTA assisted project for which this contract work is bein• •;-•. '• addition to other penalties that may be applicable, the Consultant furt ackno dg- that if it makes, or causes to be made, a false, fictitious, or fraud ,,,t claim, .tatement, submission, or certification, the Federal Government reserves rig r . to impose the penalties of the Program Fraud Civil Remedies Act of 1986 o onsultant to the extent the Federal Government deems appropriate. b. The Consultant also acknowledges that if it makes, or causes to be made, a false, fictitious, or fraudulent claim, statement, submission, or certification to the Federal Government under a contract connected with a project that is financed in whole or in part with Federal assistance originally awarded by FTA under the authority of 49 U.S.C. § 5307, the Government reserves the right to impose the penalties of 18 U.S.C. § 1001 and 49 U.S.C. § 5307(n)(1) on the Consultant, to the extent the Federal Government deems appropriate. c. The Consultant agrees to include the above two clauses in each subcontract financed in whole or in part with Federal assistance provided by FTA. It is further agreed that the clauses shall not be modified, except to identify the subconsultant who will be subject to the provisions. Exhibit D-1 669 3. Access to Records The Consultant agrees to the following access to records requirements: a. To provide RCTC, the FTA Administrator, the Comptroller General of the United States or any of their authorized representatives access to any books, documents, papers and records of the Consultant which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts and transcriptions. Consultant also agrees, pursuant to 49 C. F. R. 633.17 to provide the FTA Administrator or his authorized representatives including any PMO Consultant access to Consultant's records and construction sites pertaining to a major capital project, defined at 49 U.S.C. 5302(a)1, which is receiving federal financial assistance through the programs described at 49 U.S.C. 5307, 5309 or 5311. b. To make available in the case of a contract for a capital project or improvement, as defined above and awarded by other than competitive biddi accordance with 49 U.S.C. 5325(a), records related to the contract to RCTC, the Sep ary of Transportation and the Comptroller General or any authorized officer or empl• - ny of them for the purposes of conducting an audit and inspection. c. To maintain all books, records, accounts d re R ;' s required under this contract for a period of not less than three years after the of termination or expiration of this contract, except in the event of litigation or tlemen laims arising from the performance of this contract, in which case Consultan ; to tain same until RCTC, the FTA Administrator, the Comptroller General, or ' ` o r ly authorized representatives, have disposed of all such litigation, ap• clai r exceptions related thereto. Reference 49 CFR 18.39(i)(11). d. To permit any of the for - pa i o reproduce by any means whatsoever or to copy excerpts and tran � asonably needed. 4. Federal Cha The Consultant shall at es comply with all applicable FTA regulations, policies, procedures and directives, r luding without limitation those listed directly or by reference in the Master Agreement between RCTC and FTA, as they may be amended or promulgated from time to time during the term of this contract. Consultant's failure to so comply shall constitute a material breach of this contract. 5. Civil Rights The following requirements apply to the underlying contract: (1) Nondiscrimination - In accordance with Title VI of the Civil Rights Act, as amended, 42 U.S.C. § 2000d, section 303 of the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6102, section 202 of the Americans with Disabilities Act of 1990, 42 U.S.C. § 12132, and Federal transit law at 49 U.S.C. § 5332 and 49 CFR part 21, the Consultant agrees that it will not discriminate against any employee or applicant for employment because of race, color, creed, Exhibit D-2 670 national origin, sex, age, or disability. In addition, the Consultant agrees to comply with applicable Federal implementing regulations and other implementing requirements FTA may issue. (2) Equal Employment Opportunity - The following equal employment opportunity requirements apply to the underlying contract: (a) Race, Color, Creed, National Origin, Sex - In accordance with Title VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, and Federal transit laws at 49 U.S.C. § 5332, the Consultant agrees to comply with all applicable equal employment opportunity requirements of U.S. Department of Labor (U.S. DOL) regulations, "Office of Federal Contract Compliance Programs, Equal Employment Opportunity, Department of Labor," 41 C.F.R. Parts 60 et seq ., (which implement Executive Order No. 11246, "Equal Employment Opportunity," as amended by Executive Order No. 11375, "Amending Executive Order 11246 Relating to Equal Employment Opportunity," 42 U.S.C. § 2000e note), and with any applicable Federal statutes, executive orders, regulations, in the future affect construction activities undertaken i Consultant agrees to take affirmative action to ensur that employees are treated during employment, wi national origin, sex, or age. Such action shall in employment, upgrading, demotion or transfer, r or termination; rates of pay or other forms of c including apprenticeship. In addition, • - Con implementing requirements FTA may iss (b) Age - In accordance wi of 1967, as amended, 29 U.S. Employment Opportunity C Employment Act," 29 C.F.R . p 42 U.S.C. § 6101 et se on the Basis of Age C.F.R. part 90, the prospective employee any implementing require Federal policies that may course of the Project. The licants are employed, and t rega ` • their race, color, creed, e, but not b ',i' ited to, the following: or recruitment advertising, layoff sation; and selection for training, nt agrees to comply with any the Age Discrimination in Employment Act I transit law at 49 U.S.C. § 5332, the Equal EOC) regulations, "Age Discrimination in -5, the -age Discrimination Act of 1975, as amended, and Human Services regulations, "Nondiscrimination vities Receiving Federal Financial Assistance," 45 rees to refrain from discrimination against present and of age. In addition, the Consultant agrees to comply with TA may issue. (c) Disabilities - In accordance with section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq., the Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., and Federal transit law at 49 U.S.C. § 5332, the Consultant agrees that it will not discriminate against individuals on the basis of disability, and that it will comply with the requirements of U.S. Equal Employment Opportunity Commission, "Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act," 29 C.F.R. Part 1630, pertaining to employment of persons with disabilities. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (3) The Consultant also agrees to include these requirements in each subcontract financed in whole or in part with Federal assistance provided by FTA, modified only if necessary to identify the affected parties. Exhibit D-3 671 6. FTA Disadvantaged Business Enterprise (DBE) Requirements A. General DBE Requirements: In accordance with Federal financial assistance agreements with the U.S. Department of Transportation (U.S. DOT), Commission has adopted a Disadvantaged Business Enterprise (DBE) Policy and Program, in conformance with Title 49 CFR Part 26, "Participation by Disadvantaged Business Enterprises in Department of Transportation Programs" (the "Regulations"). This RFP is subject to these stipulated regulations. In order to ensure that Commission achieves its overall DBE Program goals and objectives, Commission encourages the participation of DBEs as defined in 49 CFR 26 in the performance of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission to: 1. Ensure nondiscrimination in the award and administration of DOT -assisted contracts; 2. Create a level playing field on which DBE's can comp- i airly for DOT -assisted contracts; 3. Ensure that the DBE program is narrowly tailor-- in accordan ith applicable law; 4. Ensure that only firms that fully meet 49 C.F.R. 6 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participatio OT assisted contracts; 6. To promote the use of DBEs ' all t es o' 'derally assisted contracts and procurement activities; and 7.Assist in the develo- •f that can compete successfully in the marketplace outside the DBE pr B. Discrimination: origin, or sex in the awa are defined in 49 CFR Pa set forth in the Regulations. hall not discriminate on the basis of race, color, national performance of subcontracts. Any terms used herein that 6, or elsewhere in the Regulations, shall have the meaning C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race - Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no FTA DBE goal on this Project. Consultant shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Consultant shall adhere to race -neutral DBE participation commitment(s) made at the time of award. D. Race -Neutral DBE Submissions and Ongoing Reporting Requirements (Post - Award): At termination of the Contract, the successful Consultant shall complete and submit Exhibit D-4 672 to Commission a "DBE Race -Neutral Participation Listing" in the form provided by Commission. In the event DBE(s) are utilized in the performance of the Agreement, Consultant shall comply with applicable reporting requirements. E. Performance of DBE Subconsultants: DBE subconsultants listed by Consultant in its "DBE Race -Neutral Participation Listing" submitted at the time of proposal shall perform the work and supply the materials for which they are listed, unless Consultant has received prior written authorization from Commission to perform the work with other forces or to obtain the materials from other sources. Consultant shall provide written notification to Commission in a timely manner of any changes to its anticipated DBE participation. This notice should be provided prior to the commencement of that portion of the work. F. DBE Certification Status: If a listed DBE subconsultant is decertified during the life of this Agreement, the decertified subconsultant shall notify Consultant in writing with the date of decertification. If a non -DBE subconsultant becomes a certified DBE during the life of this Agreement, the DBE subconsultant shall notify Cons : nt in writing with the date of certification. Consultant shall furnish the written docume► ' ion to Commission in a timely manner. Consultant shall include this requirement in al. b• tracts. G. Consultant's Assurance Clause Regarding No and Federal anti -discrimination laws, Consult discriminate on the basis of race, color, national award opportunities. Further, Consultan all affi subconsultants and vendors, in a manner H. Violations: Failure by the selec a material breach of the contr the termination of the contra which may include, but is not (1) Withholding mon (2) Assessing sancta (3) Liquidated damage (4) Disqualifying the Con 26.13(b). iscriminatio compliance with State ffirm that it will not exclude or or sex in consideration of contract hat they will consider, and utilize on -discrimination objectives. (s) to carry out these requirements shall be pursuant to this RFP, which may result in edy as the recipient deems appropriate, om future bidding as non -responsible. 49 C.F.R. § I. Prompt Payment: Consultant shall pay its subconsultants for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Consultant. 49 C.F.R. § 26.29(a), unless a shorter period is provided in the contract. J. Compliance with DBE Requirements Contained in FTA Provisions: Consultant shall comply with all DBE reporting and other requirements contained in this Agreement. Exhibit D-5 673 7. Incorporation of Federal Transit Administration (FTA) Terms The preceding provisions include, in part, certain Standard Terms and Conditions required by DOT, whether or not expressly set forth in the preceding contract provisions. All contractual provisions required by DOT, as set forth in FTA Circular 4220.1F are hereby incorporated by reference. Anything to the contrary herein notwithstanding, all FTA mandated terms shall be deemed to control in the event of a conflict with other provisions contained in this Agreement. The Consultant shall not perform any act, fail to perform any act, or refuse to comply with any RCTC requests which would cause RCTC to be in violation of the FTA terms and conditions. 8. Debarment and Suspension. The Consultant agrees to the following: (1) It will comply with the following requirements of 2 CFR P 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR Pa 00. (2) It will not enter into any "covered transaction" 180.220 and 1200.220) with any subconsultant w otherwise excluded from participating in covere U.S. DOT regulations, "Nonprocurement Suspen (ii) U.S. OMB regulatory guidance, "Guide ' ' -s to Ag and Suspension (Nonprocurement)," 2 C regulations, or requirements regarding pa or third party participants. (3) It will review the U.S. GS from Federal Procurement a regulations, 2 CFR Pa 9. ADA Access that ph is defined at 2 CFR §§ e principal is, spended, debarred, or ns, except as authorized by— (i) nd Debarment," 2 CFR Part 1200; es on Governmentwide Debarment iii) Other applicable federal laws, debarred or suspended recipients d Management — Lists of Parties Excluded pro r:; ment Programs," if required by U.S. DOT The Consultant shall c• a*I ith all applicable requirements of the Americans with Disabilities Act of 1990 ( AA), 42 USC Section 12101 et seq; Section 504 of the Rehabilitation Act of 1973, as amended, 29 USC Section 794; 49 USC Section 5301(d). 10. FIy America To the extent applicable to the Services, the Consultant agrees to comply with 49 U.S.C. 40118 (the "FIy America" Act) in accordance with the General Services Administration's regulations at 41 CFR Part 301-10, which provide that recipients and sub recipients of Federal funds and their consultants are required to use U.S. Flag air carriers for U.S. Government -financed international air travel and transportation of their personal effects or property, to the extent such service is available, unless travel by foreign air carrier is a matter of necessity, as defined by the Fly America Act. The Consultant shall submit, if a foreign air carrier was used, an appropriate certification or memorandum adequately explaining why service by a U.S. flag air carrier was not available or why it was necessary to use a foreign air carrier and shall, in any event, provide a certificate of compliance with Exhibit D-6 674 the Fly America requirements. The Consultant agrees to include the requirements of this section in all subcontracts that may involve international air transportation. 11. Cargo Preference - Use of United States -Flag Vessels To the extent applicable to the Services, the Consultant agrees: 1. To use privately owned United States -Flag commercial vessels to ship at least 50 percent of the gross tonnage (computed separately for dry bulk carriers, dry cargo liners, and tankers) involved, whenever shipping any equipment, material, or commodities pursuant to the underlying contract to the extent such vessels are available at fair and reasonable rates for United States -Flag commercial vessels; 2. To furnish within 20 working days following the date of loading for shipments originating within the United States or within 30 working days following the date of leading for shipments originating outside the United States, a legible copy of a rated, "on -board" commercial ocean bill -of -lading in English for each shipment of cargo described in the preceding paragraph to the Division of National Cargo, Office of Market Development, Maritime Administration, Washington, DC 20590 and to the FTA recipient (through the C sultant in the case of a subconsultant's bill -of -lading.) 3. To include these requirements when the subcontract may in commodities by ocean vessel. 11. Buy America — 12. Employment Pr To the extent applic. to the rvi• Consultant shall comply with the following: A. Equal Employment •ortu — Not applicable. B. Copeland "Anti -Kickback ' ct (18 U.S.C. 874 and 40 U.S.C. 276c) — Not applicable. C. Contact Work Hours and Safety Standards Act (40 U.S.C. 327-333) —Not applicable. D. Release of Retainage 1 subcol cts issued pursuant to this contract port of equipment, material, or No retainage will be withheld by the RCTC from progress payments due Consultant. Retainage by Consultant or subconsultants is prohibited, and no retainage will be held by the prime consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consultant or deficient subconsultant performance, or noncompliance by a subconsultant. Exhibit D-7 675 13. Termination for Convenience RCTC may terminate the Agreement for convenience in accordance with the terms of the Agreement. After such termination, the Consultant shall submit a final termination settlement proposal to RCTC as directed. If the Consultant fails to submit a proposal within the time allowed, RCTC may determine, on the basis of information available, the amount, if any due the Consultant because of the termination and shall pay the amount determined. After the Consultant's proposal is received, RCTC and Consultant shall negotiate a fair and equitable settlement and the contract will be modified to reflect the negotiated agreement. If agreement cannot be reached, RCTC may issue a final determination and pay the amount determined. If the Consultant does not agree with this final determination or the determination resulting from the lack of timely submission of a proposal, the Consultant may appeal under the Disputes clause. 14. Administrative and Contractual Remedies on = '_ ch; Termination for Cause a. The Consultant may be declared in bre Consultant fails to make delivery of the supplies or to pe herein or any extension thereof; or if the Con provisions of the contract, or so fails to m contract in accordance with its terms. In c Consultant of the Breach, and the Consult longer period as RCTC may auth the Breach. b. RCTC may, by written date thereof, terminate not cured within the of this '=° r,>-ement ("Breach") if the ervices within the time specified fails to perform any of the other progr- = ` :,. s to endanger performance of this foregoing, RCTC shall notify the a period of ten (10) days (or such after receipt of notice from RCTC to cure term' .tion to the Consultant specifying the effective ny part of this contract, in the case of a Breach that is in (a) above ("Uncured Breach"). c. If the contract i mina • in whole or in part for an Uncured Breach, RCTC may procure upon such terms ;;' • such manner as RCTC may deem appropriate, supplies or services similar to those s erminated, or may complete the services with its own forces. The Consultant shall be liable to RCTC for any excess costs for such similar supplies or services, and for any other costs incurred by RCTC as a result of the Uncured Breach. The Consultant shall continue the performance of this contract to the extent not terminated under the provisions of this clause. d. Except with respect to defaults of Subconsultants, the Consultant shall not be liable for any excess costs if the failure to perform the contract arises out of causes beyond the control and without the fault or negligence of the Consultant. If the failure to perform is caused by the default of a Subconsultant, and if such default arises out of causes beyond the control of both the Consultant and the Subconsultant, and without the fault or negligence of either of them, the Consultant shall not be liable for any excess costs for failure to perform, unless the supplies or services to be furnished by the Subconsultant were obtainable from other sources in sufficient time to permit the Consultant to meet the required project completion schedule. Exhibit D-8 676 e. Payment for completed services or supplies delivered to and accepted by RCTC shall be at the contract price. RCTC may withhold from amounts otherwise due the Consultant for such completed services or supplies such sum as RCTC determines to be necessary to protect RCTC against loss because of outstanding liens of claims of former lien holders, or to reimburse RCTC for any other costs related to the Uncured Breach. f. If, after notice of termination of this contract for cause, it is determined for any reason that an Uncured Breach did not exist, the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to the provisions for termination for convenience of RCTC. g. The rights and remedies of RCTC provided in this clause shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance. h. Notwithstanding the above, RCTC may, without pr terminate the contract in accordance with the timefra contract, if RCTC determines such action is in its bes Breach. Such actions shall not limit any of RCTC's r.- ij° edies 16. Disputes a. Except as otherwise provided in th. of fact arising under this Agreement whic shall be decided by RCTC's Deputy Exec mail or otherwise furnish a cop Executive Director shall be fi of receipt of such copy, Cons mai Executive Director a wr of RCTC Executive appeals shall be fin concl e ve. ing an opportunity to cure, forth in Section 17 of the based on the nature of the s_;;:.•rth above. t\ any dispute concerning a question •, d of by supplemental agreement ho shall reduce the decision to writing and nsultant. The decision of the RCTC Deputy nless, within thirty (30) days from the date s r otherwise furnishes to the RCTC Deputy dressed to RCTC's Executive Director. The decision orized representative for the determination of such b. The provisions oft` .graph shall not be pleaded in any suit involving a question of fact arising under this Agr= -ment as limiting judicial review of any such decision to cases where fraud by such official or his representative or board is alleged, provided, however, that any such decision shall be final and conclusive unless the same is fraudulent or capricious or arbitrary or so grossly erroneous as necessarily to imply bad faith or is not supported by substantial evidence. In connection with any appeal proceeding under this Paragraph, the Consultant shall be afforded an opportunity to be heard and to offer evidence in support of its appeal. c. Pending final decision of a dispute hereunder, Consultant shall proceed diligently with the performance of this Agreement and in accordance with the decision of RCTC's Deputy Executive Director. This "Disputes" clause does not preclude consideration of questions of law in connection with decisions provided for above. Nothing in this Agreement, however, shall be construed as making final the decision of any RCTC official or representative on a question of law, which questions shall be settled in accordance with the laws of the State of California. Exhibit D-9 677 17. Lobbying See the Byrd Anti -Lobbying Amendment, 31 U.S.C. 1352, as amended by the Lobbying Disclosure Act of 1995, P.L. 104-65 [to be codified at 2 U.S.C. § 1601, et seq.] - Consultants who apply or bid for an award of $100,000 or more shall file the certification required by 49 CFR part 20, "New Restrictions on Lobbying." Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal contract, grant or any other award covered by 31 U.S.C. 1352. Each tier shall also disclose the name of any registrant under the Lobbying Disclosure Act of 1995 who has made lobbying contacts on its behalf with non -Federal funds with respect to that Federal contract, grant or award covered by 31 U.S.C. 1352. Such disclosures are forwarded from tier to tier up to the recipient. The Offeror shall complete and submit with its bid/proposal the attached Certification Regarding Lobbying, and if applicable, the Standard Form-LLL, "Disclosure For Report Lobbying." 18. Energy Conservation The Consultant agrees to comply with mandatory ndards and cies relating to energy efficiency which are contained in the state ene con ation plan issued in compliance with the Energy Policy and Conservation Act. 19. Clean Water a. The Consultant agrees to co • ith pplicable standards, orders or regulations issued pursuant to the Federa ater olluti Control Act, as amended, 33 U.S.C. 1251 et seq. The Consultant agr- to r• - violation to RCTC and understands and agrees that RCTC will, in turn, r- -ach • ation as required to assure notification to FTA and the appropriate EP ' a ice. d. The Consulta► rher - -e .t: (1) It will not use any v . ing f. ities; (2) It will report the use o -s placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 20. Clean Air a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that Exhibit D-10 678 RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. b. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). c. The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 21. Recycled Products Recovered Materials - The Consultant agrees to co Section 6002 of the Resource Conservation and U.S.C. 6962), including but not limited to the re and Executive Order 12873, as they apply to the procurement CFR Part 247. y with a requirements of ove Act ( A), as amended (42 visions of 40 CFR Part 247, signated in Subpart B of 40 21. SPECIAL PROVISION F • ' ' OM 1 G COVID-19 SAFETY Section 49. Centers for Dis Persons to Wear Masks Wh (a) Compliance with C ("CDC") Order of J on Conveyances Agreement. One of th operating transportation s subconsultants to comply, w Prevention Order on Requirements for ces and at Transportation Hubs. The Centers for Disease Control and Prevention d Requirement for Persons to Wear Masks While ortation Hubs ("CDC Mask Order"), applies to this s of the CDC Mask Order is "[m]aintaining a safe and Consultant agrees that it will comply, and will require all the CDC Mask Order. (b) Enforcement for non-compliance. Consultant agrees that FTA and RCTC may take enforcement action for non-compliance with the CDC Mask Order, including: (1) enforcement actions authorized by 49 U.S.C. § 5329(g); (2) referring Consultant to the CDC or other Federal authority for enforcement action; (3) enforcement actions authorized by 2 CFR §§ 200.339 — .340; and (4) any other enforcement action authorized by Federal law or regulation. Exhibit D-11 679 22.Safe Operation of Motor Vehicles Pursuant to Federal Executive Order No. 13043, "Increasing Seat Belt Use in the United States," April 16, 1997, 23 U.S.C. Section 402 note, FTA encourages each third party consultant to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company owned, rented, or personally operated vehicles, and to include this provision in each third party subcontract involving the project. a. The Consultant is encouraged to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company -owned vehicles, company -rented vehicles, or personally operated vehicles. The terms "company -owned" and "company -leased" refer to vehicles owned or leased either by the Consultant or RCTC. . The Consultant agrees to adopt and enforce workplace safety policies to decrease crashes caused by distracted drivers, including policies to ban text messaging while using an electronic device supplied by an employer, and driving a vehicle the driver owns or rents, a vehicle Contactor owns, leases, or rents, or a privately -owned vehicle when on official business in connection with the work performed der this contract. <e°' Exhibit D-12 680 EXHIBIT "E" CERTIFICATE OF CONSULTANT I HEREBY CERTIFY that I am the and duly authorized representative of the firm of whose address is , and that, except as hereby expressly stated, neither I nor the above firm that I represent have: (a) employed or retained for a commission, percentage, brokerage, contingent fee, or other consideration, any firm or person (other than a bona fide employee working solely for me or the above consultant) to solicit or secure this agreement; nor (b) agreed, as an express or implied condition f.:; ;obtaining this Agreement, to employ or retain the services of any firm or . on in connection with carrying out the agreement; nor (c) paid, or agreed to pay, to any firm, organization or person (other than a bona fide employee working solely for me or the above consultant) any fee, contribution, donation, or considers any kind for, or in connection with, procuring or carrying out thi- .,•reeme acknowledge that this Certificat. is made available to the California Department of Transportation s) in connection with this agreement involving participation of Federal -aid Hi• ds, and is subject to applicable State and Federal laws, both criminal and civil. O Name ignature Title Exhibit E-1 681 Hawran & Malm, LLC - Statement of Qualifications Request for Proposals (RFP) NO. 22-41-009-00 24 Appendix L — Disclosure of Lobbying Activities Local Assistance Procedures Manual EXHBIT 10-Q Disclosure of Lobbying Activities Not Applicable EXHIBIT 10-Q DISCLOSURE OF LOBBYING ACTIVITIES COMPLETE THIS FORM TO DISCLOSE LOBBYING ACTIVITIES PURSUANT TO 31 U.S.C. 1352 1. Type of Federal Action: 2. Status of Federal Action: 3. Report Type: na. contract b. grant e. cooperative agreement d loan e. loan guarantee f. loan insurance ❑ a hid/offer(application ❑ a.. initial b. initial award b. material change c. post -award For Material Change Only: year guartcr date of last report 4. Name and Address of Reporting Entity El Prime nSubawardec Tier , ifknown Cungressiunal District, iflmown 6. Federal DepartmenUAgency: 8. Federal Action Number, if known: 10. Name and Address of Lobby Entity (If individual, last name, fast name, MI) (attach Con 12. Amount of Payment (check all that apply) 4. f Payment (check all that apply) 5 n ac .lamed a. retainer b. one-time fee 13. Form of Payment aII that a ): c. conunission e a. cash h in kind d. contingent fee . ; s oat e deferred lac f. other, specify 5. 1f Reporting Entity o. 4 is Suhawardee, Enter Name and ss of Prime: emigre a1 Dist known 7. F Program Nam 'ption: Nu r er, if applicable_ nt, if known: uals Performing Services address if different from No. 10) st name, MI) 15. Brief Descrip0 ¢rife ormed or to be performed and Date(s) of Service, including officer(s). employ • r me . contacted, for Payment Indicated in Item 12: ( ttach Continuation Sheet(s) if necessary) 16. C don Sheets) a hcd: Yes ❑ No ❑ 17_ Information fed tluau: - form is authorized by' Title 31II.S.C. Sec 2. r sc:losrae of lobbying reliance Signature: was placed by th- When his transaction was made or entered into. This .sc is required pursuant to 31 II.S.C, Print Name - 1:352. 'Ibis informatio will be reported to Congress semiannually and will be available for public inspection. Any person who fails to file the required disclosure shall be subject Title: to a civil penalty of not less than 510,000 and not more than 1100,000 lbr each such failure. Telephone No.: Date: Federal Use Only: Authorized for focal Reproduction Standard Form- LLL Standard Form LLL Rev. 04-2s-06 Distribution: (rig- Local Agency Project Files LPP 13-01 APPENDIX L - 1 Page 1 May 8,2013 HAWRAN 8c MALM, LLC 682 ATTACHMENT 2 Agreement No. 22-31-026-00 PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING ASSISTANCE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT WITH HENNESSEY & HENNESSEY, LLC FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Parties and Date. This Agreement is made and entered into t►;i5' day of , 2021, by and between the RIVERSIDE COUNTY TRANSP TION COMMISSION ("the Commission") and HENNESSEY & HENNESSE L "Consultant"), a Limited Liability Company. The Commission and Cons . nt are so mes referred to herein individually as "Party", and collectively as the " Recitals. A. On November 8, 1988, the Voters of Ri side County approved Measure A authorizing the collection of a one-half percent (1/2 °/o) retail transactions and use tax (the "tax") to fund transportat; ; • rams and improvements within the County of Riverside, and adopting the : versi County Transportation Improvement Plan (the "Plan"). B. Pursuant to Public Utility Code Sections 240000 et seq., the Commission is authorized to allocate the proceeds of the Tax in furtherance of the Plan. C. On November 5, 2002, the voters of Riverside County approved an extension of the Measure A tax for an additional thirty (30) years for the continued funding of transportation and improvements within the County of Riverside. D. A source of funding for payment for on -call professional appraisal services provided under this Agreement may be Federal Highway Administration ("FHWA") funds administered by the California Department of Transportation ("Caltrans"), and/or funds from the Federal Transit Administration ("FTA"). This Commission may withhold payment of any federal funds hereunder until the certification shown in Exhibit "F" attached hereto and incorporated herein by reference, is executed. E. Consultant desires to perform and assume responsibility for the provision of certain on -call right of way appraisal services for projects in the County of Riverside, California. Services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). Consultant 683 represents that it is experienced in providing such services to public clients, is licensed in the State of California (if necessary) and is familiar with the plans of the Commission. G. Commission desires to engage Consultant to render such services on an on -call basis. Services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein and in each Task Order (each such project shall be designated a "Project" under this Agreement). Terms. 1. General Scope of Services. Consultant shall furnish all technical and professional services, including labor, material, equipment, transportation, supervision and expertise, and incidental and customary work necessary to fully and adequately supply the on -call right of way appraisal services for the Services are generally described in Exhibit "A" attached by reference. The Services shall be more particularly Orders issued by the Commission's Executive Dire or be performed unless authorized by a fully exec Task subject to, and performed in accordance with, Agr-em the exhibits attached hereto and incorporate • -re ;'y r local, state and federal laws, rules and regulation 2. Task Orders. Commencem under this Agreement shall be requeste requests. If Commission acce •,, sult issue a purchase order or e. uted :sk Order Authorization"). Con Order, Commission's Task Or Services shall indicat rojects ("Services"). The to and incorporated herein ribed in the individual Task ignee. No Services shall O .. All Services shall be ent, relevant Task Order, eference, and all applicable Schedule of Services. Services mission pursuant to Task Order s Task Order proposal, Commission shall er for the Services ("Commission's Task t to the final terms of a proposed Task uthoriza ion and Consultant's commencement of the reement to the terms of the relevant Task Order. Cons t shall mmence Services under a Task Order within five (5) days of receiving Co sion' , ask Order Authorization. Consultant sh I perform the Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3. Pre -Award Audit. As a result of the funding for this Project, and to the extent Caltrans procedures apply in connection therewith, issuance of a "Notice to Proceed" or other authorization to proceed under a Task Order may be contingent upon completion and approval of a pre -award audit. Any questions raised during the pre -award audit shall be resolved before Services are commenced under a Task Order. The funding provided under this Agreement is contingent on meeting all funding requirements and could be withdrawn, thereby entitling the Commission to terminate this Agreement, if the procedures are not completed. The Consultant's files shall be maintained in a manner to facilitate State process reviews. In addition, Caltrans may require that prior to performance of any work for which funding reimbursement through Caltrans is requested and provided, that Caltrans must give to Commission an "Authorization to Proceed". 4. Audit Procedures. 4.1 Consultant and certain subconsultant contracts, including cost proposals and ICR, are subject to audits or reviews such as, but not limited to, a contract audit, an incurred cost audit, an Independent Cost Review (ICR) Audit, or a CPA ICR audit work paper review. If selected for audit or review, this Agreement, Consultant's cost proposal and ICR and related work papers, if applicable, will be reviewed to verify compliance with 48 CFR, Part 31 and other related laws and egulations. In the instances of a CPA ICR audit work paper review it is Consultant's r state, or local government officials are allowed full a including making copies as necessary. This Agreem ICR shall be adjusted by Consultant and app manager to conform to the audit or review r individual terms of costs identified in the a Agreement by this reference if directed by Com Consultant to incorporate audit or revie •mme state or local governments have access of the Agreement terms and cause for to of prior reimbursed costs. Ad set forth in Sections 22 and Section 4.2 and 4.3 shall a source. 4.2 by the Consultant's in toward a resolution of i best efforts to resolve an onsibility to ensure federal, to the CPA's work papers C• Itant's cost proposal, and by t Commission's contract dations. "-`onsultant agrees that shall be incorporated into this on at its sole discretion. Refusal by ions, or to ensure that the federal, ers, will be considered a breach this Agreement and disallowance ovisions applicable to this Agreement are ent. e extent applicable to the Task Order and funding altrans' review of the ICR audit work papers created CPA, Caltrans will work with the CPA and/or Consultant hat arise during the review. Each party agrees to use its audit disputes in a timely manner. If Caltrans identifies significant issues during the review and is unable to issue a cognizant approval letter, Commission will reimburse the Consultant at an accepted ICR until a FAR (Federal Acquisition Regulation) compliant ICR {e.g. 48 CFR Part 31; GAGAS (Generally Accepted Auditing Standards); CAS (Cost Accounting Standards), if applicable; in accordance with procedures and guidelines of the American Association of State Highways and Transportation Officials (AASHTO) Audit Guide; and other applicable procedures and guidelines is received and approved by Caltrans. Accepted rates will be as follows: a. If the proposed rate is less than one hundred fifty percent (150%) - the accepted rate reimbursed will be ninety percent (90%) of the proposed rate. 4 685 b. If the proposed rate is between one hundred fifty percent (150%) and two hundred percent (200%) - the accepted rate will be eighty-five percent (85%) of the proposed rate. c. If the proposed rate is greater than two hundred percent (200%) - the accepted rate will be seventy-five percent (75%) of the proposed rate. 4.3 If Caltrans is unable to issue a cognizant letter per Section 4.2 above, Caltrans may require Consultant to submit a revised independent CPA -audited ICR and audit report within three (3) months of the effective date of the Caltrans' management letter. Caltrans will then have up to six (6) months to review the Consultant's and/or the independent CPA's revisions. If the Consultant fails to comply with the provisions of this Section 4, or if Caltrans is still unable to issue a cognizant approval letter er the revised independent CPA audited ICR is submitted, overhead cost reimbu a'°'lent will be limited to the accepted ICR that was established upon initial reje . •f the ICR and set forth in Section 4.2 above for all rendered services. In this - t, t . ccepted ICR will become the actual and final ICR for reimbursement purp• under th greement. Consultant may submit to Com io nal invoice only when all of the following items have occurred: (1) Caltrans ac or adjusts the original or revised independent CPA audited ICR; (2) all nder Agreement has been completed to the satisfaction of Commission; and ( ha ssued its final ICR review letter. The Consultant must submit its final in o • mission no later than sixty (60) calendar days after occurrenc_ last these items. The accepted ICR will apply to this Agreement and all k 0' -rs i ed under this Agreement, and all other agreements executed betty- the on and the Consultant, either as a prime or subconsultant, with the - e .. period CR. 5.1 Agr- ent shall go into effect on the date first set forth above, contingent upon appro ommission, and Consultant shall commence work after notification to proceed by ommission's Contract Administrator. This Agreement shall end on December 31, 2025, unless extended by contract amendment. Notwithstanding the foregoing, Caltrans and/or FHWA funded Task Orders shall be completed within thirty-six (36) months of the Effective Date, unless approval of Caltrans is obtained from the Commission. 5.2 Consultant is advised that any recommendation for contract award is not binding on Commission until this Agreement is fully executed and approved by the Commission. 5.3 This Agreement shall remain in effect until the date set forth above, unless earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 6. Commission's Contract Administrator. The Commission hereby designates the Commission's Executive Director, or his or her designee, to act as its Contract Administrator for the performance of this Agreement ("Commission's Contract Administrator"). Commission's Contract Administrator shall have the authority to act on behalf of the Commission for all purposes under this Agreement. Commission's Contract Administrator shall also review and give approval, as needed, to the details of Consultant's work as it progresses. Consultant shall not accept direction or orders from any person other than the Commission's Contract Administrator or his or her designee. 7. Consultant's Representative. Consultant hereby Sharon A. Hennessey to act as its Representative for the performance of this Agreement ("Consultant's Representative"). Consultant's Representative shall hav of Consultant for all purposes under this Agreement. shall supervise and direct the Services, using his or and shall be responsible for all means, methods, t and for the satisfactory coordination of all portio Consultant shall work closely and coope Administrator and any other agencies which may the Services. Consultant's Representat' call all reasonable times. Any substitution in in writing by Commission's Contract Admi 8. Substitution of Commission that certain ke this Agreement. Should one o may substitute other Commission. In t substitution of the Agreement for cause, performance of this Agre otherwise identified in the 1 authority to act on behalf Consultant's Representative sional skill and attention, niques, ences and procedures th- Service nder this Agreement. with Commission's Contract e jurisdiction over, or an interest in, ilable to the Commission staff at presentative shall be approved Consultant has represented to the rform and coordinate the Services under of suc personnel become unavailable, Consultant ast equal competence upon written approval by the mmission and Consultant cannot agree as to the I, the Commission shall be entitled to terminate this to the provisions herein. The key personnel for are: Sharon A. Hennessey and Susan D. Taylor, or as sk Order. 9. Standard of Care; Licenses. Consultant represents and maintains that it is skilled in the professional calling necessary to perform all Services, duties and obligations required by this Agreement to fully and adequately complete the Project. Consultant shall perform the Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Consultant further represents and warrants to the Commission that its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be maintained throughout the term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from the Commission, any services 6 687 necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. Any employee of Consultant or its sub -consultants who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Consultant and shall not be re-employed to perform any of the Services or to work on the Project. 10. Independent Contractor. The Services shall be performed by Consultant or under its supervision. Consultant will determine the means, methods and details of performing the Services subject to the requirements of th'. Agreement. Commission retains Consultant on an independent contractor basis an;;>'ot as an employee, agent or representative of the Commission. Consultant retai - right to perform similar or different services for others during the term of this ' • eme `;` -,Any additional personnel performing the Services under this Agreement o -half of C ultant shall at all times be under Consultant's exclusive direction and trol. Consult:' ' shall pay all wages, salaries and other amounts due such personn ' q ection with their performance of Services and as required by law. Consultant s be responsible for all reports and obligations respecting such personnel, i � • bu t limited to, social security taxes, income tax withholdings, unemploymen ''_ - . ability insurance, and workers' compensation insurance. 11. Project Progre 11.1 Modificati the Commission, thr required Services informed of all an schedule modification of Services for approva the Sc edule. Consultant shall regularly report to dence or progress reports, its progress in providing ed time periods. Commission shall be promptly ys. In the event that Consultant determines that a ry, Consultant shall promptly submit a revised Schedule mmission's Contract Administrator. 11.2 Trend Meetings. Consultant shall conduct trend meetings with the Commission's Contract Administrator and other interested parties, as requested by the Commission, on a bi-weekly basis or as may be mutually scheduled by the Parties at a standard day and time. These trend meetings will encompass focused and informal discussions concerning scope, schedule, and current progress of Services, relevant cost issues, and future Project objectives. Consultant shall be responsible for the preparation and distribution of meeting agendas to be received by the Commission and other attendees no later than three (3) working days prior to the meeting. 11.3 Progress Reports. As part of its monthly invoice, Consultant shall submit a progress report, in a form determined by the Commission, which will indicate the progress achieved during the previous month in relation to the Schedule of Services. 7 688 Submission of such progress report by Consultant shall be a condition precedent to receipt of payment from the Commission for each monthly invoice submitted. 12. Delay in Performance. 12.1 Excusable Delays. Should Consultant be delayed or prevented from the timely performance of any act or Services required by the terms of the Agreement by reason of acts of God or of the public enemy, acts or omissions of the Commission or other governmental agencies in either their sovereign or contractual capacities, fires, floods, pandemics, epidemics, quarantine restrictions, strikes, freight embargoes or unusually severe weather, performance of such act shall be excused for the period of such delay. 12.2 Written Notice. If Consultant believes tt is entitled to an extension of time due to conditions set forth in subsection 12.1, Co gultant shall provide written notice to the Commission within seven (7) working day , ? a :,, the time Consultant knows, or reasonably should have known, that performance y he -rvices will be delayed due to such conditions. Failure of Consultant to provi•; uch tim_ ';, otice shall constitute a waiver by Consultant of any right to an excusa. dela in time •erformance. 12.3 Mutual Agreement. Agreement may be delayed upon agreement, Consultant's Schedule of Commission. Consultant shall take all re and additional costs, resulting f 13. Prelimina R products prepared for subm Agreement shall be s and the Commissio approval. In the e detailed plans and de as may be required in c Contract Administrator, in ce of any Services under this nt of the Parties. Upon such extended as necessary by the s to minimize delay in completion, extension. eports, working papers, and similar work in course of providing Services under this Commission's Contract Administrator in draft form, ions of such drafts prior to formal submission and designs are to be developed as part of the Project, final be contingent upon obtaining environmental clearance on with Federal funding. In the event that Commission's or her sole discretion, determines the formally submitted work product to be not in accordance with the standard of care established under this Agreement, Commission's Contract Administrator may require Consultant to revise and resubmit the work at no cost to the Commission. 14. Appearance at Hearings. If and when required by the Commission, Consultant shall render assistance at public hearings or other meetings related to the Project or necessary to the performance of the Services. However, Consultant shall not be required to, and will not, render any decision, interpretation or recommendation regarding questions of a legal nature or which may be construed as constituting a legal opinion. 15. Opportunity to Cure; Inspection of Work. Commission may provide Consultant an opportunity to cure, at Consultant's expense, all errors and omissions 8 689 which may be disclosed during Project implementation. Should Consultant fail to make such correction in a timely manner, such correction may be made by the Commission, and the cost thereof charged to Consultant. Consultant shall allow the Commission's Contract Administrator and Caltrans to inspect or review Consultant's work in progress at any reasonable time. 16. Final Acceptance. Upon determination by the Commission that Consultant has satisfactorily completed the Services required under this Agreement and within the term set forth herein the Commission shall give Consultant a written Notice of Final Acceptance. Upon receipt of such notice, Consultant shall incur no further costs hereunder, unless otherwise specified in the Notice of Final Acceptance. Consultant may request issuance of a Notice of Final Acceptance when, in its opinion, it has satisfactorily completed all Services required under the terms of this Agreement. In the event copyrights are permitted under this Agreement, then in con ction with Federal funding, it is hereby acknowledged and agreed that the ed States Department of Transportation shall have the royalty -free non-exc f' G, - and irrevocable right to reproduce, publish, or otherwise use, and to aut • ze • rs to use, the work for governmental purposes. 17. Laws and Regulations. Consulta h. eep itself fully informed of and in compliance with all local, state and federal law es and regulations in any manner affecting the performance of the Pr• •r the -rvices, including all Cal/OSHA requirements, and shall give all notices r a For example, and not by way of limitation, Consultant shall keep itself o " d of and in compliance with all implementing regulations, desi• dar• specifications, previous commitments that must be incorporated in the ► ign • `:the ect, and administrative controls including those of the United States ransportation. Compliance with Federal procedures may includ-_,om•': ; n of the applicable environmental documents and approved by the Uni D ment of Transportation. For example, and not by way of limitation, "°gned C •or`' I Exclusion, Finding of No Significant Impact, or published Record o ` . a-cision y be required to be approved and/or completed by the United States Depart ~`'_,; t o ransportation. For Consultant shall be liable for all violations of such laws a gulations in connection with Services. If the Consultant performs any work knowin• it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 18. Fees and Payment. 18.1 The method of payment for this Agreement will be based on actual cost. Commission shall reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the Services. Consultant shall not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, 9 690 travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant cost proposal attached hereto as Exhibit "B" and incorporated herein by reference, or any cost proposal included as part of a Task Order ("Cost Proposal") unless additional reimbursement is provided for by written amendment. In no event, shall Consultant be reimbursed for overhead costs at a rate that exceeds Commission's approved overhead rate set forth in the Cost Proposal. To the extent legally permissible, Consultant's approved overhead rate shall be fixed for the term of this Agreement. In the event that Commission determines that a change to the Services from that specified in the Cost Proposal, this Agreement or any Task Order is required, the Agreement time or actual costs reimbursable by Commission shall be adjusted by written amendment to accommodate the changed work. The maximum total cost as specified in Section 18.8 shall not be exceeded, unless authorized by a written amendment. 18.2 Reimbursement for transportation and, ubsistence costs shall not exceed the rates specified in the approved Cost Propo y '. In addition, payments to Consultant for travel and subsistence expenses clai r reimbursement or applied as local match credit shall not exceed rates a `` •rize`+, ,,.o be paid exempt non - represented State employees under curre tate D ment of Personnel Administration (DPA) rules, unless otherwise I I, hori .-d by C. `mission. If the rates invoiced are in excess of those authorize •' • . tes, and Commission has not otherwise approved said rates, then Consultant i ponsible for the cost difference and any overpayments shall be reimbursed ,., :-_ Com ��_,�; ion on demand. 18.3 When milestone cos Proposal for a Task Order, C milestone cost estimate fro estimate. 18.4 Services provided deliverable items Commission shall h accordance with the pro are included in the approved Cost obtain prior written approval for a revised dministrator before exceeding such cost ents shall be made monthly in arrears based on red costs. If Consultant fails to submit the required the schedule set forth in the Scope of Services, ht to delay payment or terminate this Agreement in s of Section 20, Termination. 18.5 No payment shall be made prior to approval of any Services, nor for any Services performed prior to approval of this Agreement. 18.6 Consultant shall be reimbursed, as promptly as fiscal procedures will permit upon receipt by Commission's Contract Administrator of itemized invoices in triplicate. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall detail the work performed on each milestone and each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this Agreement number and project title. Final invoice must contain the final cost and all credits due Commission including any equipment purchased under the Equipment Purchase provisions of this Agreement. The final invoice should be submitted within 60 calendar 10 691 days after completion of Consultant's work. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 18.7 The total amount payable by Commission, shall not exceed the amount set forth in each Task Order. 18.8 Commission has or will enter into five (5) task order contracts for performance of the Scope of Services identified in Exhibit "A", including this Agreement ("On -Call ROW Appraisal Task Order Contracts"). The of er On -Call ROW Appraisal Task Order Contracts are Hawran & Malm, LLC, y 1-009-00; Integra Realty Resources — Los Angeles, 22-31-027-00; R.P. Laura ssociates, Inc., 22-31-028- 00; and Santolucito Dore Group, Inc., 22 -31 -029 - total amount payable by Commission for the On -Call ROW Appraisal Ta • rder Co cts shall not exceed a cumulative maximum total value of One Millio %`oiler _ ($1,00 s 00) ("NTE Sum"). It is understood and agreed that there is no guara -, ;er expressed or implied that this dollar amount will be authorized under the On -C. • W Appraisal Task Order Contracts through Task Orders. Each time a Task is aw s r, -d under any of the On -Call ROW Appraisal Task Order Contracts, C• mk't send written notification to Consultant and each of the other consul J n g into the On -Call ROW Appraisal Task Order Contracts. The no ' st i• tify the total funds allocated under issued Task Orders, and the rema g u cum ed amount of the NTE Sum. Consultant acknowledges and agrees .t must not pay any amount under this Agreement that would e _-e• TE Sum, and Consultant must not enter into a Task Order that exceeds 18.9 .lary inc ,; ses shall be reimbursable if the new salary is within the salary range identifies the • roved Cost Proposal and is approved by Commission's Contract Administrator. -rsonnel subject to prevailing wage rates as described in the California Labor Code, II salary increases, which are the direct result of changes in the prevailing wage rates are reimbursable. 18.10 Consultant shall not be reimbursed for any expenses unless authorized in writing by the Commission's Contract Administrator. 18.11 All subcontracts in excess of $25,000 shall contain the above provisions. 19. Disputes. 19.1 Any dispute, other than audit, concerning a question of fact arising under this Agreement that is not disposed of by mutual agreement of the Parties shall 11 692 be decided by a committee consisting of RCTC's Contract Administrator and the Director of Capital Projects, who may consider written or verbal information submitted by Consultant. 19.2 Not later than 30 days after completion of all Services under this Agreement, Consultant may request review by the Commission's Executive Director of unresolved claims or disputes, other than audit. The request for review will be submitted in writing. 19.3 Neither the pendency of a dispute, nor its consideration by the committee will excuse Consultant from full and timely performance in accordance with the terms of this Agreement. 20. Termination. 20.1 Commission reserves the right to, inate this Agreement upon thirty (30) calendar days written notice to Consult f• y or no reason, with the reasons for termination stated in the notice. Com sion m. -rminate Services under a Task Order, at any time, for any or no reaso rth the effect date of termination to be specified in the notice of termination of Ta 20.2 Commission may t Consultant fail to perform the covenant herein provided. In the event of such Services in any manner deeme Agreement with Consultant, under this Agreement for the cost of completion to Co such case, the over Agreement and th inate t greement with Consultant should d at the time and in the manner t ommission may proceed with the er b •mmission. If Commission terminates this pay Consultant the sum due to Consultant and accepted prior to termination, unless n ex.,.'=ds the funds remaining in the Agreement. In educted from any sum due Consultant under this all be paid to Consultant upon demand. 20.3 -dditio o the above, payment upon termination shall include a prorated amount of pro f •licable, but no amount shall be paid for anticipated profit on unperformed Services. "='nsultant shall provide documentation deemed adequate by Commission's Contract Administrator to show the Services actually completed by Consultant prior to the effective date of termination. This Agreement shall terminate on the effective date of the Notice of Termination 20.4 Upon receipt of the written Notice of Termination, Consultant shall discontinue all affected Services as directed in the Notice or as otherwise provided herein, and deliver to the Commission all Documents and Data, as defined in this Agreement, as may have been prepared or accumulated by Consultant in performance of the Services, whether completed or in progress. 20.5 In addition to the above, Consultant shall be liable to the Commission for any reasonable additional costs incurred by the Commission to revise work for which the Commission has compensated Consultant under this Agreement, but which the Commission has determined in its sole discretion needs to be revised, in part 12 693 or whole, to complete the Project because it did not meet the standard of care established in this Agreement. Termination of this Agreement for cause may be considered by the Commission in determining whether to enter into future agreements with Consultant. 20.6 The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 20.7 Consultant, in executing this Agreement, shall be deemed to have waived any and all claims for damages which may otherwise arise from the Commission's termination of this Agreement, for convenience or cause, as provided in this Section. 20.8 Consultant may not terminate this Agre,-ment except for cause 20.9 In addition to the termination r '`,jC, above, Commission may temporarily suspend the Services under any Task d , at no additional cost to Commission, provided that Consultant is given w n notices ` temporary suspension. If Commission gives such notice of temporary s ' ension, Con . > ant shall immediately suspend its activities under the relevant Tas rde A temporary suspension may be issued concurrent with a notice of terminatio 21. Cost Principles and Admini _ ; ,:;'rements. 21.1 Consulta Procedures, 48 CFR, Fed et seq., shall be used to dete 21.2 accordance with Principles, and Audi the Contract Cost Principles and ulations System, Chapter 1, Part 31.000 allowability of individual items. agrees to comply with federal procedures in 200, Uniform Administrative Requirements, Cost nts for Federal Awards. 21.3 Any . s for which payment has been made to CONSULTANT that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Consultant to Commission. 21.4 All subcontracts in excess of $25,000 shall contain the above provisions. 22. Retention of Records/Audit. For the purpose of determining compliance with, as applicable, 2 CFR Part 200, Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Consultant, subconsultants, and Commission shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the 13 694 costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State or Federal Government shall have access to any books, records, and documents of Consultant and it's certified public accountants (CPA) work papers that are pertinent to this Agreement and, if applicable, indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 23.1 Accounting System. Consultant and its subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate expenditures by line item for the Services. The accounting system of Consultant and its subcontractors shall conform to Gen ally Accepted Accounting Principles (GAAP), enable the determination of incurs-; costs at interim points of completion, and provide support for reimbursement pa ; vouchers or invoices. 23. Audit Review Procedures. 23.1 Any dispute concerning or post audit of this Agreement that is not dispo by Commission's Chief Financial Offic 23.2 Not later than 30 Consultant may request a revie audit issues. The request for 23.3 Neither Commission shall e with the terms of t of fact arising under an interim by agreement, shall be reviewed suance of the final audit report, ion's Chief Financial Officer of unresolved bmitted in writing. enden of a dispute nor its consideration by nt from full and timely performance, in accordance 24.1 Nothi contained in this Agreement or otherwise, shall create any contractual relation between Commission and any subconsultant(s), and no subcontract shall relieve Consultant of its responsibilities and obligations hereunder. Consultant agrees to be as fully responsible to Commission for the acts and omissions of its subconsultant(s) and of persons either directly or indirectly employed by any of them as it is for the acts and omissions of persons directly employed by Consultant. Consultant's obligation to pay its subconsultant(s) is an independent obligation from Commission's obligation to make payments to the Consultant. 24.2 Consultant shall perform the Services contemplated with resources available within its own organization and no portion of the Services pertinent to this Agreement shall be subcontracted without written authorization by Commission's Contract Administrator, except that, which is expressly identified in the approved Cost Proposal. 14 695 24.3 Consultant shall pay its subconsultants within ten (10) calendar days from receipt of each payment made to Consultant by Commission. 24.4 Any subcontract in excess of $25,000 entered into as a result of this Agreement shall contain all the provisions stipulated in this Agreement to be applicable to subconsultants. 24.5 Any substitution of subconsultant(s) must be approved in writing by Commission's Contract Administrator prior to the start of work by the subconsultant(s). 24.6 Exhibit "B" may set forth the rates at which each subconsultant shall bill the Consultant for Services and that are subject to reimbursement by the Commission to Consultant. Additional Direct Costs, as defined in Exhibit "B" shall be the same for both the Consultant and all subconsultants, unless otherwi e identified in Exhibit "B" or in a Task Order. The subconsultant rate schedules and c proposals contained herein are for accounting purposes only. 25. Equipment Purchase 25.1 Prior authorization, i Administrator shall be required before Consults order, or subcontract for supplies, equi ent, or evaluation of the necessity or desirabili 25.2 For purcha the Cost Proposal and excee Contract Administrator is re the request for such purchas 25.3 to the following: Nonexpendable pro acquisition cost of $5, is sold or traded in, Com by Commission's Contract rs into any unbudgeted purchase ices. Consultant shall provide an h costs. , service or consulting work not covered in authorization, in writing, by Commission's petitive quotations must be submitted with ce of bidding must be adequately justified. urchased as a result of this Agreement is subject I m.intain an inventory of all nonexpendable property. ed as having a useful life of at least two years and an re. If the purchased equipment needs replacement and ion shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Consultant may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Consultant elects to keep the equipment, fair market value shall be determined at Consultant's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Consultant. If Consultant determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. provisions. 25.4 All subcontracts in excess $25,000 shall contain the above 15 696 26. Labor Code Requirements. 26.1 By its execution of this Agreement, Consultant certifies that it is aware of the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on certain "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. Copies of the prevailing rate of per diem wages are on file at the Commission's offices. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal project site. Consultant shall defend, indemnify and ho officials, officers, employees and agents free and har costs, penalties or interest arising out of any failure Prevailing Wage Laws. 26.2 DIR Registration. If the applicable "public works" or "maintenance" Sections 1725.5 and 1771.1, the Cons with the Department of Industrial Relatio duration of the Project and require the also be subject to complian Industrial Relations. It sh applicable registration and 26.3 Code, eight hours any worker emplo any one calendar da for overtime is made at ace of business and at the e Commission, its elected from any claims, liabilities, failure to comply with the re being performed as part of an p _ t, then pursuant to Labor Code and a bconsultants must be registered hall maintain registration for the subconsultants. This Project may and enforcement by the Department of s sole responsibility to comply with all equirements. Pursuant to the provisions of the California Labor itute a legal day's work, and the time of service of rk shall be limited and restricted to eight hours during hours in any one calendar week, except when payment s than one and one-half the basic rate for all hours worked in excess of eight hours p -r day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 26.4 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice 16 697 shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the respon . ibility for compliance with provisions of this Section and with Sections 1777.5, 1777 . nd 1777.7 of the California Labor Code in regard to all apprenticeable occupations ith Consultant. 27. Ownership of Materials/Confidentiali 27.1 Documents & Data. T Agr ent creates an exclusive and perpetual license for Commission to copy, use, , reuse, or sub -license any and all copyrights and designs embodied in pl. ,, specifi ns, studies, drawings, estimates, materials, data and other documents or th ip fixed in any tangible medium of expression, including but not limited • • rawings or data magnetically or otherwise recorded on computer, a ttes, ch are prepared or caused to be prepared by Consultant under this Agre ocu nts & Data"). Consulta req • all subcontractors to agree in writing that Commission is grantee '.m, u and perpetual license for any Documents & Data the subcontractor prep. unde s • ,-ement. presents and warrants that Consultant has the legal right to grant the excl d perpetual license for all such Documents & Data. Consultant makes no such presentation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 27.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer 17 698 media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsible to obtain in writing separate written assignments from any subcontractors or agents of Consultant of any and all right to the above referenced Intellectual Property. Should ..nsultant, either during or following termination of this Agreement, desire to use y of the above -referenced Intellectual Property, it shall first obtain the written appr •f the Commission. All materials and documents the Consultant for general use prior to the exec the copyright of any other party or publicly avai shall continue to be the property of the Consultan and stated prior to execution of this Agr it has the right to grant the exclusive and as provided herein. Commis perpetual license to copy, u otherwise owned by C Ita collective, insurrectio ich were eloped or prepared by of is Agree ent and which are not any other computer applications, owever, unless otherwise identified ant represents and warrants that n for all such Intellectual Property nted by Consultant a non-exclusive and -license any and all Intellectual Property hich is the basis or foundation for any derivative, ntal work created under this Agreement. 27.3 . All ideas, memoranda, specifications, plans, procedures, drawings, ons, computer program data, input record data, written information, and otherDents and Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. 27.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, 18 699 for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 28. Indemnification. To the fullest extent permitted by law, Consultant shall defend, indemnify and hold Commission, Caltrans and their directors, officials, officers, employees, consultants, volunteers, and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, inverse condemnation, and any claims related to property acquisition and relocation rules or failure to detect or abate hazardous materials, which are brought by a third party, and which , in any manner arise out of or are incident to alleged negligent acts, omissions, or willful misconduct of Consultant, its officials, officers, employees, agents, consul F. ts, and contractors arising out of or in connection with the performance of the .«: rvices, the Project or this Agreement, including without limitation the payment o equential damages, expert witness fees, and attorney's fees and other related c• an. :, senses. Consultant shall defend, at Consultant's own cost, expense and u any an• 1 such aforesaid suits, actions or other legal proceedings of every kin• t m.., be bro t or instituted against Commission, Caltrans, and their directors, o I fficers, employees, consultants, agents, or volunteers. Consultant shall pay and •sfy any judgment, award or decree that may be rendered against Commis - Itran their directors, officials, officers, employees, consultants, agents, or vol - - n such suit, action or other legal proceeding. Consultant shall re's burs .. mi on, Caltrans and their directors, officials, officers, employees, c•. its, ar-nts, and/or volunteers, for any and all legal expenses and costs, includir eas• .ble :.•rney's fees, incurred by each of them in connection therewith or in o = demnity herein provided. Consultant's obligation to indemnify no" , y restricted to insurance proceeds, if any, received by Commission, Caltran ,;'re• s, officials officers, employees, consultants, agents, or volunteers. N. a y' hstandin ;i the oregoing, to the extent Consultant's Services are subject to Civil Cod- -ction 2. 2.8, the above indemnity shall be limited, to the extent required by Civil Code 782.8, to claims that arise out of, pertain to, or relate to the negligence, reckless + , or willful misconduct of the Consultant. Consultant's obligations as set forth in t is Section 28 shall survive expiration or termination of this Agreement. 29. Insurance. 29.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this Section, in a form and with insurance companies acceptable to the Commission. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this Section. 29.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to 19 700 persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (a) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (b) Minimum Limits of Insurance. sultant shall maintain limits no less than: (1) General Liability: $2,000,000 per occ , e for bodily injury, personal injury and property damage. If Commercial General L • ilit C;. urance or other form with general aggregate limit is used, either the genera, gregate shall apply separately to this Agreement/location or the general ag• •ate ,'mit sha +e twice the required occurrence limit. Limits may be achieved by a coy :`nation of primary and excess or umbrella liability insurance; (2) Automobile Liab '.1,000,000 per accident for bodily injury and property damage. Limits ma chiev any combination of primary and excess or umbrella liability insurance; a r. e Compensation and Employer's Liability: Workers' Compensation limits a _ i• ire• '+y the Labor Code of the State of California. Employer's Practice of $1,000,000 per accident. 29.3 Profes � al ��I � ��•nsultant shall procure and maintain, and require its sub -consultants to . •re and maintain, for a period of five (5) years following completion of the Pr d omissions liability insurance appropriate to their profession. For �t sultan , uc` nsurance shall be in an amount not less than $1,000,000 per cl.' ,; This in- rance shall be endorsed to include contractual liability applicable to this Agr ent d shall be written on a policy form coverage specifically designed to protect ag:' acts, errors or omissions of the Consultant. "Covered Professional Services" a designated in the policy must specifically include work performed under this Agreement. The policy must "pay on behalf of" the insured and must include a provision establishing the insurer's duty to defend. Subconsultants of Consultant shall obtain such insurance in an amount not less than $1,000,000 per claim. Notwithstanding the foregoing, the Commission may consider written requests to lower or dispense with the errors and omissions liability insurance requirement contained in this Section for certain subconsultants of Consultant, on a case -by -case basis, depending on the nature and scope of the Services to be provided by the subconsultant. Approval of such request shall be in writing, signed by the Commission's Contract Administrator. 29.4 Aircraft Liability Insurance. Prior to conducting any Services requiring use of aircraft, Consultant shall procure and maintain, or cause to be procured and maintained, aircraft liability insurance or equivalent form, with a single limit as shall 20 701 be required by the Commission. Such insurance shall include coverage for owned, hired and non -owned aircraft and passengers, and shall name, or be endorsed to name, the Commission, Caltrans and their directors, officials, officers, employees and agents as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant. 29.5 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: (a) General Liability. (i) Commercial General Liability Insurance must include coverage for (1) bodily Injury and property damage; (2) pers•nal Injury/advertising Injury; (3) premises/operations liability; (4) products/completed o limits that apply per Project; (6) explosion, collapse a deleted; (7) contractual liability with respect to this A671, - damage; and (9) independent consultants covera tions liability; (5) aggregate derground (UCX) exclusion t; (8) broad form property (ii) The policy s + co no endorsements or provisions limiting coverage for (1) contractual liability; (2) c ability exclusion for claims or suits by one insured against another; or (3 .ntain other exclusion contrary to this Agreement. (iii) officials, officers, employees, 10 10 01 and 20371001, be "primary and no or Caltrans' insura 13, or endorsements hall give the Commission, its directors, d status using ISO endorsement forms 20 viding the exact same coverage. additional insured coverage under the policy shall will not seek contribution from the Commission's rance and shall be at least as broad as CG 20 01 04 e exact same coverage. (b) tomobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, Caltrans and their directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, Caltrans and their directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, Caltrans and their directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (c) Workers' Compensation and Employers Liability Coverage. 21 702 (i) Consultant certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. (d) All Coverages. set forth hereunder. (i) Defense costs shall be pa (ii) Requirements of in this Section are not intended as a limitation on or a waiver of any coverage normally provided b under this Agreement that any available insur the specified minimum insurance coverage req shall be available to the Commission, trans employees and agents as additional in requirements for coverage and limits s specified in this Agreement; or of any insurance policy or pro be satisfied by a comb' or excess insuran coverage shall als Commission (if agree own insurance or self -in able in addition to the limits s•: fi average or limits contained erage, s, or other requirement, y insurance. hall be a requirement eds broader than or in excess of ents and/or limits set forth herein their directors, officials, officers, aid policies. Furthermore, the e minimum coverage and limits overage and maximum limits of coverage the named insured; whichever is greater. (iii`' e lim °•f insurance required in this Agreement may ary and umbrella or excess insurance. Any umbrella be endorsed to contain a provision that such imary and non-contributory basis for the benefit of the itten contract or agreement) before the Commission's e shall be called upon to protect it as a named insured. The umbrella/excess polic -} hall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). (iv) Consultant shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Consultant shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Consultant shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Consultant shall maintain such coverage 22 703 continuously for a period of at least three years after the completion of the work under this Agreement. Consultant shall purchase a one (1) year extended reporting period A) if the retroactive date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during the life of the Agreement, any policy of insurance required under this Agreement do -s not comply with these specifications or is canceled and not replaced, Commissi to obtain the insurance it deems necessary, and any be promptly reimbursed by Consultant or Commissio pay premium from Consultant payments. In the al.; 'ative, C Agreement. The Commission may require the '; sult t to pro all insurance policies in effect for the duration . ; e : %ject. (viii) Neith officials, officers, employees or agents arising under or by virtue of this Agreeme 29.6 Deduct' insured retentions must b Commission does not ap. ro Consultant shall guar shall reduce or el Commission, its di shall procure a bon claims and administrati as the right but not the duty m paid by Commission will old amounts sufficient to ission may cancel this e complete copies of ssion nor any of its directors, Ily responsible for any liability rance Retentions. Any deductibles or self - approved by the Commission. If the deduc"`les or self -insured retentions as presented, he option of the Commission, either: (1) the insurer tibles or self -insured retentions as respects the s, officers, employees and agents; or (2) the Consultant ing payment of losses and related investigation costs, defense expense. 29.7 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 29.8 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 23 704 29.9 Subconsultant Insurance Requirements. Consultant shall not allow any subcontractors or subconsultants to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this Section. Policies of commercial general liability insurance provided by such subcontractors or subconsultants shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Consultant, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subconsultants. 29.10 Other Insurance. At its option, the Commission may require such additional coverage(s), limits and/or the reduction of deductibles or retentions it considers reasonable and prudent based upon risk factors that may directly or indirectly impact the Project. In retaining this option Commission d not warrant Consultant's insurance program to be adequate. Consultant sha ' `ave the right to purchase insurance in addition to the insurance required in this . '•n. 30. Safety. Consultant shall execute an. ; aintain it .rk so as to avoid injury or damage to any person or property. In carryi : ;, ut it ; Service e Consultant shall at all times be in compliance with all applicable �A :,,_ al ate and federal laws, rules and regulations, and shall exercise all necessary pr=, :'tions for the safety of employees appropriate to the nature of the work a con. s under which the work is to be performed. Safety precautions as applic e, but shall not be limited to: (A) adequate life protection and life saving - h , en `nd procedures; (B) instructions in accident prevention for all e s a subcontractors, such as safe walkways, scaffolds, fall protection lade, s, br ges, ng planks, confined space procedures, trenching and shoring, equ ^en safety devices, equipment and wearing apparel as are necessa► .r I. ,. ly required to prevent accidents or injuries; and (C) adequate facilities for In • -r i ection and maintenance of all safety measures. 31. Additi Work y work or activities that are in addition to, or otherwise outside of, the Servi to • : performed pursuant to this Agreement shall only be performed pursuant to a s o- ate agreement between the parties. Notwithstanding the foregoing, the Commission Executive Director may make a change to the Agreement, other than a Cardinal Change. For purposes of this Agreement, a Cardinal Change is a change which is "outside the scope" of the Agreement; in other words, work which should not be regarded as having been fairly and reasonably within the contemplation of the parties when the Agreement was entered into. An example of a change which is not a Cardinal Change would be where, in a contract to construct a building there are many changes in the materials used, but the size and layout of the building remains the same. Cardinal Changes are not within the authority of this provision to order, and shall be processed by the Commission as "sole source" procurements according to applicable law, including the requirements of FTA Circular 4220.1 D, paragraph 9(f). (a) In addition to the changes authorized above, a modification which is signed by Consultant and the Commission's Executive Director, 24 705 other than a Cardinal Change, may be made in order to: (1) make a negotiated equitable adjustment to the Agreement price, delivery schedule and other terms resulting from the issuance of a Change Order, (2) reflect definitive letter contracts, and (3) reflect other agreements of the parties modifying the terms of this Agreement ("Bilateral Contract Modification"). (b) Consultant shall not perform, nor be compensated for any change, without written authorization from the Commission's Executive Director as set forth herein. In the event such a change authorization is not issued and signed by the Commission's Executive Director, Consultant shall not provide such change. 32. Prohibited Interests. 32.1 Solicitation. Consultant maintains a ,.• warrants that it has not employed nor retained any company or person, other tha_ . ^'ona fide employee working solely for Consultant, to solicit or secure this Agreem.; urther, Consultant warrants that it has not paid nor has it agreed to pay any co ny •erson, other than a bona fide employee working solely for Consultant 'ny fee, • .-. mission, percentage, brokerage fee, gift or other consideration conti nt u +n or res ing from the award or making of this Agreement. For breach or viola o s warranty, the Commission shall have the right to rescind this Agreement without lity. 32.2 Consultant Conflict (a) Con relationship with Commissio Agreement. Consultant her financial or business interest t this Agreement. isclose any financial, business, or other e an impact upon the outcome of this oes not now have, nor shall it acquire any ould conflict with the performance of services under bcontract in excess of $25,000 entered into as a result of this Agreement, sh. ontai► :II of the provisions of this Article. 32.3 Com sion Conflict of Interest. For the term of this Agreement, no member, officer or employee of the Commission, during the term of his or her service with the Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 32.4 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 25 706 32.5 Covenant Against Contingent Fees. As required in connection with federal funding, the Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the Consultant, to solicit or secure this Agreement, and that he/she has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or formation of this Agreement. For breach or violation of this warranty, the Commission shall have the right to terminate this Agreement without liability pursuant to the terms herein, or at its discretion to deduct from the Agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee. 32.6 Rebates, Kickbacks or Other Unlawful Consideration. Consultant warrants that this Agreement was not obtained or secured other unlawful consideration, either promised or paid to breach or violation of this warranty, Commission shall terminate this Agreement without liability; to pay o , I '' or performed; or to deduct from the Agreement pric_-; . • r othe of such rebate, kickback or other unlawful con ough rebates kickbacks or Commission employee. For the right in its discretion; to t alue of the work actually rwi ecover the full amount 32.7 Covenant Against Expends of Commission, State or Federal Funds for Lobbying. The Consultant c- that e best of his/ her knowledge and belief no state, federal or local agency as o• • fu `:a s have been paid, or will be paid by or on behalf of the Consultant to rs• or the purpose of influencing or attempting to influence an offic- plo of any state or federal agency; a Member of the State Legislature or ited `.tates ongress; an officer or employee of the Legislature or Congress; or e► a Member of the Legislature or Congress, in connection with the a d o state or federal contract, grant, loan, or cooperative agreement, or the e o " ation, renewal, amendment, or modification of any state or federal c• , 'act, gran' oa • r cooperative agreement. (a If . funds other than federal appropriated funds have been paid, or will be paid to an n for the purpose of influencing or attempting to influence an officer or employee of ny federal agency; a Member of Congress; an officer or employee of Congress, or an employee of a Member of Congress; in connection with this Agreement, the Consultant shall complete and submit the attached Exhibit "F", Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with the attached instructions. (b) The Consultant's certification provided in this Section is a material representation of fact upon which reliance was placed when this Agreement was entered into, and is a prerequisite for entering into this Agreement pursuant to Section 1352, Title 31, US. Code. Failure to comply with the restrictions on expenditures, or the disclosure and certification requirements set forth in Section 1352, Title 31, US. Code may result in a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. 26 707 (c) The Consultant also agrees by signing this Agreement that he/she shall require that the language set forth in this Section 3.23.7 be included in all Consultant subcontracts which exceed $100,000, and that all such subcontractors shall certify and disclose accordingly. 32.8 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 33. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be li ited to, all activities related to initial employment, upgrading, demotion, transfer ecruitment or recruitment advertising, layoff or termination. 34. Right to Employ Other Consultant ommis reserves the right to employ other consultants in connection with the ject 35. Governing Law. This Agreement sh e governed by and construed with the laws of the State of California. Venue shall be in Riverside County. 36. Disputes; Attorneys' Fees. 36.1 Prior to commencing anjaction hereunder, the Parties shall attempt in good faith to resolve any dispute arising between them. The pendency of a dispute shall not excuse Consultant from full and timely performance of the Services. 36.2. If the Parties are unable to resolve a dispute after attempting in good faith to do so, the Parties may seek any other available remedy to resolve the dispute. If either Party commences an action against the other Party, either legal, administrative or otherwise, arising out of or in connection with this Agreement, the prevailing Party in such litigation shall be entitled to have and recover from the losing Party reasonable attorneys' fees and, all other costs of such actions. 37. Time of Essence. Time is of the essence for each and every provision of this Agreement. 38. Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 39. Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 27 708 CONSULTANT: Hennessey & Hennessey, LLC 17602 17th Street, Suite 102-246 Tustin, CA 92780 Attn: Sharon A. Hennessey COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. mail, first class postage prepaid, and addressed to the Party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 40. Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 41. Amendment or Modification. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 42. Entire Agreement. This Aceement contains the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior negotiations, agreements or understandings. 43. Invalidity; Seve' bilit y pBftion of this Agreement is declared invalid, illegal, or otherwise unenforceableby a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 44. Provisions Applicable When State Funds or Federal Funds Are Involved. When funding for the Services under a Task Order is provided, in whole or in part, from FHWA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "C" (FHWA/Caltrans requirements) attached hereto and incorporated herein by reference. When funding for the Services under a Task Order is provided, in whole or in part, from the FTA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "D" (FTA Requirements) attached hereto and incorporated herein by reference. 45. Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not limited to, the indemnification and confidentiality obligations, shall survive any such expiration or termination. 46. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 28 709 47. Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 48. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 49. Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall coope ate with the Commission in responding to the subpoena or court order. 50. Assignment or Transfer. Consultant all assign, hypothecate, or transfer, either directly or by operation of law, t Agreem`_«o;.or any interest herein, without the prior written consent of the Commi n. y atte to do so shall be null and void, and any assignees, hypothecates or shall acquire no right or interest by reason of such attempted assignment, hypoth: on or transfer. 51. Successors and Assigns. successors and assigns of the parties, a the prior written consent of Co ent shall be binding on the e assigned by Consultant without 52. Incorporation itals set forth above are true and correct and are incorporated into this 53. No W compliance with a waiver of such term, rights or powers hereu relinquishment of such oth ment a though fully set forth herein. mmission to insist on any one occasion upon strict covenants or conditions hereof shall not be deemed a condition, nor shall any waiver or relinquishment of any any one time or more times be deemed a waiver or right or power at any other time or times. 54. Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. [Signatures on following page] 29 710 SIGNATURE PAGE TO PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING/ASSISTANCE IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Anne Mayer Executive Director Approved as to Form: By: Best, Best & Krieger General Counsel CONSULTANT HENNESSEY & HENNESSEY, LLC By: Signature Name e 1rTEST: By: Its: * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 30 711 EXHIBIT A SCOPE OF SERVICES The Riverside County Transportation Commission (Commission) is seeking one or more Consultants (Consultant or Appraiser) to provide right of way appraisal services for developed or undeveloped residential, commercial, industrial, agricultural and railroad properties. Consultant shall produce appraisal reports for full or partial acquisitions, easements, temporary construction easements, leased or licensed properties, and sale or disposition of excess/surplus properties, as required by the Commission. Services shall be provided on an on-call/as reeded basis in support of current and future Commission Projects, Measure A ''' ejects and projects done in partnership with other agencies, pursuant to Task Or sued in the sole discretion of the Commission. Task Orders shall be awarded through a ,dditi• .I qualify ation-based selection process. Such appraisal services may includ re ns imited to, the following work program and/or comply with applicable ► .elow: 1. Consultant shall prepare appraisals in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended, and implemented by 49 CFR Part 24; the State of California Government Code, the State of California Relocation Assistance and Real Property Acquisition Guidelines (Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.), the California Code of Civil Procedure, the Uniform Standards of Professional Appraisal Practice (USPAP), and in some cases, the Uniform Appraisal Standards for Federal Land Acquisition Act. Consultant must be licensed by the State of California. 2. Consultant shall prepare appraisals in accordance with the Uniform Appraisal Standards for Federal Land Acquisition ("Yellow Book"). Consultant must be licensed by the State of California. 3. Consultant must be qualified to provide expert witness testimony and defend the opinions or conclusions reached in the appraisal at any Administrative or Judicial proceeding. 4. Deliverables shall typically consist of three (3) originals of the completed appraisal report and one (1) electronic copy, specialty reports and component valuations which may be performed by someone other than Consultant and incorporated into the overall fair market valuation. Exhibit A 712 5. Consultant may be required to meet with and coordinate their efforts with Commission staff, Commission legal counsel, and other consultants or Caltrans staff; participate in office or project site meetings. 6. Appraisal reports may be reviewed for acceptance and approval by Commission's review appraisers and Caltrans. Revisions may be required by reason of this review process. Consultants may be requested to complete and deliver revised and/or updated appraisals. In the event of non -acceptance due to errors or omissions, Consultant shall have fifteen (15) calendar days to make corrections and return the revised appraisals to the review appraiser. 7. For proposed acquisitions, the owner of the real property or a designated representative will be invited by the Appraiser to .:.company the Appraiser during the inspection of the property. This invit. u= must be in the form of a letter entitled "Notice to Appraise" written ;�;�%� Appraiser to the owner. A copy of the invitation will be included in app al report. 8. It is the Appraiser's responsibility engineers for discussion and/or cla Manner Proposed. This is critical in the easements where the Apprais engineering information to comp 9. The highest and best determined and su and best use of th supported. If t based, the that the p use and the the C mmission's project of the Construction in the aisal of partial acquisitions and oss sections or other project operty in the before condition must be I acquisition is involved, the highest after condition must be determined and use is not the premise on which the valuation is tain an explanation justifying the determination and adaptable for a different highest and best for that use in the market. 10. Where the acqui '` ''. involves only a part (or portion) of the property, the Appraiser win estimate any severance damages and special benefits to the remainder, including reasoning and market data to support the opinion or conclusion. The Appraiser will indicate if the remainder constitutes an economic or uneconomic unit in the market and/or to the present owner. 11. The California Eminent Domain Law will be followed in partial acquisitions. Special benefits are to be offset only against damages to the remainder in accordance with the law. 12. Appraisal for easement acquisitions will reflect the restrictive elements of the easement to be acquired and the potential effect of such elements on the utility of the property considering its highest and best use. Full details with respect to any interference with the highest and best use of the property affected must be explained and supported. Exhibit A 713 13. The Appraiser must estimate and support the economic rent, state the contract rent and the remaining term of the lease as of the date of value. Lessor and lessee responsibilities for paying major expenses, e.g., taxes, insurance and maintenance shall be included. 14. Appraiser shall itemize in detail the "improvements pertaining to realty" (Eminent Domain Law-CCP Section 1263.205) showing their replacement cost new, depreciated value in place, salvage value if any, and relocation estimate. To the extent possible, determine the ownership claims of the Improvements Pertaining to the Realty. 15. In cases where the Appraisal Assignment requ (Furniture, Fixtures, Machinery and Equipmen (title, survey, soils, engineering), Appraise Commission's On -Call Consultants for suc prior approval for any others. Fees Consultants for Specialty Appraisal directly by the Commission. es a Specialty Appraisal nd/or Specialists Reports II utilize the services of or obtain Commission's y mmission's On -Call alist`' . eports shall be paid 16. It is the Appraiser's responsibility to thoroughly review the Specialty Appraisal for adoption (with adjustments or not, as appropriate) and inclusion in the overall appraisal. The estimated values that the specialty items contribute to the overall value of the real estate will be separately stated but included in the total value of the property. 17. If any legal iss request leg legal cou 18. It is the Appra if necessary, for property. during the appraisal assignment, Appraiser shall al opinions shall be rendered by Commission's onsibility to contact the Commission's legal counsel, ssion and/or clarification in identifying personal or real 19. If hazardous waste is discovered on the property, Appraiser shall seek further direction from the Commission. Exhibit A 714 EXHIBIT "B" COMPENSATION SUMMARY FIRM PROJECT TASKS/ROLE COST Prime Consultant: Hennessey & Hennessey, LLC Right of Way Appraisal Services $ 1,000,000.00 Sub Consultants: TOTAL TS d. 1,000,000.00 1 Commission authorization pertains to total contract award amo the maximum total compensation authorized may not be exceede stments between consultants may occur; however, 715 EXHIBIT "C" FEDERAL DEPARTMENT OF TRANSPORTATION FHWA AND CALTRANS REQUIREMENTS 1. NONDISCRIMINATION & STATEMENT OF COMPLIANCE. A. Consultant's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that CONSULTANT has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. B. During the performance of this Agreement, Consultant and its subconsultants shall not deny the Agreement's benefits to any person on the b is of race, religious creed, color, national origin, ancestry, physical disability, men genetic information, marital status, sex, gender, gende sexual orientation, or military and veteran status, n harass, or allow harassment against any employ of race, religious creed, color, national on •'`' anc disability, medical condition, genetic informati identity, gender expression, age, sexual orient Consultant and its subconsultants shall employees and applicants for employ harassment. C. Consultant and its s Employment and Housing A promulgated thereunde 11139.5, and any re article. The applic implementing Gov. into this Agreement by hall r applican isability, medical condition, ty, gender expression, age, unlawfully discriminate, employment because try, phy ical disability, mental ital status, sex, gender, gender , or military and veteran status. valuation and treatment of their from such discrimination and I comply with the provisions of the Fair 12990 et seq.), the applicable regulations 000 et seq.), the provisions of Gov. Code §§11135- dards adopted by Commission to implement such the Fair Employment and Housing Commission (a -f), set forth 2 CCR §§8100-8504, are incorporated and made a part hereof as if set forth in full. D. Consultant shall permit access by representatives of the Department of Fair Employment and Housing and the Commission upon reasonable notice at any time during the normal business hours, but in no case less than twenty-four (24) hours' notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Commission shall require to ascertain compliance with this clause. E. Consultant and its subconsultants shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. F. If this Agreement is federally funded, the Consultant shall comply with regulations relative to Title VI (nondiscrimination in federally -assisted programs of the Department of Transportation — Title 49 Code of Federal Regulations, Part 21 - Effectuation of Title VI Exhibit C-1 17336.00023\34328429.1 716 of the 1964 Civil Rights Act). Title VI provides that the recipients of federal assistance will implement and maintain a policy of nondiscrimination in which no person in the state of California shall, on the basis of race, color, national origin, religion, sex, age, disability, be excluded from participation in, denied the benefits of or subject to discrimination under any program or activity by the recipients of federal assistance or their assignees and successors in interest. G. If this Agreement is federally funded, Consultant shall comply with regulations relative to non-discrimination in federally -assisted programs of the U.S. Department of Transportation (49 CFR Part 21 - Effectuation of Title VI of the Civil Rights Act of 1964). Specifically, the Consultant shall not participate either directly or indirectly in the discrimination prohibited by 49 CFR §21.5, including employment practices and the selection and retention of subconsultants. H. Consultant and its subconsultants will never exclude a._; person from participation in, deny any person the benefits of, or otherwise discriminate •ainst anyone in connection with the award and performance of any contract co,, d b CFR 26 on the basis of race, color, sex, or national origin. In administers t i he Com on components of the DBE Program plan, Consultant and its sub suit will n•`'; directly, or through contractual or other arrangements, use criteria effect of defeating or substantially impairing acco Program plan with respect to individuals ds of administration that have the hment of the objectives of the DBE ce, color, sex, or national origin. I. Consultant shall include the ' • disc 1', tion nd compliance provisions of this section in all subcontracts to p- :�1�11r, ' ork • er this Agreement. 2. DEBARMENT AND SUS FICATION CONSULTANT's si perjury under the Title 2 CFR, Part 1 and Suspension (nonp therewith in the capacity under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency; has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have a proposed debarment pending; and has not been indicted, convicted, or had a civil judgment rendered against it by a court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years. Any exceptions to this certification must be disclosed to COMMISSION. ein, shall constitute a certification under penalty of o California, that CONSULTANT has complied with idelines to Agencies on Government wide Debarment t)", which certifies that he/she or any person associated ner, partner, director, officer, or manager, is not currently B. Exceptions will not necessarily result in denial of recommendation for award, but will be considered in determining CONSULTANT responsibility. Disclosures must indicate to whom exceptions apply, initiating agency, and dates of action. Exhibit C-2 17336.00023\34328429.1 717 C. Exceptions to the Federal Government Excluded Parties List System maintained by the General Services Administration are to be determined by the Federal highway Administration. 3. DISCRIMINATION; CONTRACT ASSURANCE The Commission shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any DOT -assisted contract or in the implementation of the Caltrans DBE program or the requirements of 49 CFR Part 26. The Commission shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of DOT -assisted contracts. Consultant or subcontractor shall not discriminate on the basis of race, color, national origin, of sex in the performance of this Agreement. Con tant or subcontractor shall carry out applicable requirements of 49 CFR Part 26 an R' ='e Caltrans DBE program in the award and administration of DOT -assisted cont ;,.as further set forth below. Failure by the Consultant or subcontractor to carry thes quirements is a material breach of this Agreement, which may result in th; 1 rmination . is Agreement or such other remedy, as the Commission deems appr• late. Failure by the Consultant to carry out these req contract, which may result in the termin. ,` ? this c recipient deems appropriate, which may (1) Withholding monthly progre (2) Assessing sanctions; (3) Liquidated damages; an (4) Disqualifying Consu ments is a material breach of this act or such other remedy as the s of limited to: %l Jure proposing as non -responsible Consultant or subcons► , t .II pay to any subconsultant, not later than fifteen (15) days after receipt of each egress payment, unless otherwise agreed to in writing, the respective amounts allowed Consultant on account of the work performed by the subconsultants, to the extent of each subconsultant's interest therein. In the event that there is a good faith dispute over all or any portion of the amount due on a progress payment from Consultant or subconsultant to a subconsultant, Consultant or subconsultant may withhold no more than 150 percent of the disputed amount. Any violation of this requirement shall constitute a cause for disciplinary action and shall subject the Consultant or subconsultant to a penalty, payable to the applicable subconsultant, of 2 percent of the amount due per month for every month that payment is not made. In any action for the collection of funds wrongfully withheld, the prevailing party shall be entitled to his or her attorney's fees and costs. The sanctions authorized under this Exhibit C-3 17336.00023\34328429.1 718 requirement shall be separate from, and in addition to, all other remedies, either civil, administrative, or criminal. This clause applies to both DBE and non -DBE subconsultants. 5. RELEASE OF RETAINAGE No retainage will be held by the Commission from progress payments due to Consultant. Consultant and subconsultants are prohibited from holding retainage from subconsultants. Any delay or postponement of payment may take place only for good cause and with the Commission's prior written approval. Any violation of these provisions shall subject Consultant or the violating subconsultant to the penalties, sanctions, and other remedies specified in Section 3321 of the California Civil Code. This requirement shall not be construed to limit or impair any contractual, administrative or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consulta, deficient subconsultant performance and/or noncompliance by a subconsultant. T r`` clause applies to both DBE and non -DBE subconsultants. 6. LEGAL REMEDIES In addition to those contract remedies set forth under relevant provisions of California law, either Party to this Agreement may, where applicable, seek legal redress for violations of this Agreement pursuant to the relevant provisions of 49 C.F.R. Parts 23 and 26, to the relevant federal or state statutory provisions governing civil rights violations, and to the relevant federal and state provisions governing false claims or "whistleblower" actions, as well as any and all other applicable federal and state provisions of law. The Consultant shall include a provision to this effect in each of its agreements with its subcontractors. 7. DBE PARTICIPATION Caltrans has developed a statewide DBE program pursuant to 49 C.F.R. Part 26. The requirements and procedures, as applicable, of the Caltrans DBE program are hereby incorporated by reference into this Agreement. Even if no DBE participation will be reported, Consultant shall complete any Caltrans required DBE reporting forms, as provided by the Commission, in compliance with the Caltrans DBE program, and a final utilization report in the form provided by the Commission. A. This Agreement is subject to Title 49, Part 26 of the Code of Federal Regulations entitled "Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs." Consultants who enter into a federally - funded agreement will assist the Commission in a good faith effort to achieve California's statewide overall DBE goal. B. This Agreement does not have a DBE goal, but DBE goals may be included as part of each Task Order request for proposals. Participation by DBE Consultant or Exhibit C-4 17336.00023\34328429.1 719 subconsultants for an FHWA funded Task Order shall be in accordance with the information contained in the Consultant Contract DBE Commitment form (Caltrans LAPM Forms Exhibit 10-01) to be submitted with the relevant Task Order proposal. If a DBE subconsultant is unable to perform, the Consultant must make a good faith effort to replace him/her with another DBE subconsultant, if the goal is not otherwise met. A DBE is a firm meeting the definition of a DBE as specified in 49 CFR. C. All DBE participation will count toward the Caltrans federally mandated statewide overall DBE goal. Credit for materials or supplies Consultant purchases from DBEs counts towards the goal in the following manner: • 100 percent counts if the materials or supplies are obtained from a DBE manufacturer. • 60 percent counts if the materials or supplies are chased from a DBE regular dealer. • Only fees, commissions, and charges for istan• in the procurement and delivery of materials or supplies count if obt from ' BE that is neither a manufacturer nor regular dealer. 49 CFR 2• def'° -s "man+"'acturer" and "regular dealer." D. DBE and other small businesse• as • ed in Title 49 CFR, Part 26 are encouraged to participate in the perform: - • - ents financed in whole or in part with federal funds. The Consulta ubre t or ubconsultant shall not discriminate on the basis of race, color, nat . ',• in, • sex in the performance of this Agreement. The Consultant shall carry o r"'.ppli le re• 'rements of 49 CFR, Part 26 in the award and administration of US D• -ements. Failure by the contractor to carry out these requirements ;r a `' .I breach of this Agreement, which may result in the termination of this A other remedy as the Commission, Caltrans or the Department of Tra ortation . -ms appropriate. E. Any subcontract er-- nto as a result of this Agreement shall contain all of the provisions of this section. F. A DBE may be terminated only as further set forth in Section 13 below. 8. DBE PARTICIPATION GENERAL INFORMATION It is Consultant's responsibility to be fully informed regarding the requirements of 49 CFR, Part 26, and the Caltrans DBE program. Particular attention is directed to the following: A. A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime contractor, subcontractor, joint venture partner, as a vendor of material or supplies, or as a trucking company. Exhibit C-5 17336.00023\34328429.1 720 C. A DBE joint -venture partner must be responsible for specific contract items of work or clearly defined portions thereof. Responsibility means actually performing, managing and supervising the work with its own forces. The DBE joint venture partner must share in the capital contribution, control, management, risks and profits of the joint -venture commensurate with its ownership interest. D. A DBE must perform a commercially useful function, pursuant to 49 CFR 26.55 that is, must be responsible for the execution of a distinct element of the work and must carry out its responsibility by actually performing, managing and supervising the work, as more fully described in section 9 below. E. The Consultant shall list only one subcontractor for each portion of work as defined in the Consultant's bid/proposal and all DBE subcontrac-, s should be listed in the Consultant's bid/cost proposal list of subcontractors. F. A Consultant who is a certified DBE is ell Agreement toward the DBE participation except by non -DBE subcontractors. to , all of the work in the portion o work to be performed G. Consultant shall notify the Commission's tract administrator or designated representative of any changes to its a ,, -d D:i °:.articipation prior to starting the affected work. 9 . COMMERCIALLY USE A. A DBE performs a co of the work of the Agree managing, and supe the DBE must als Agreement, for nego and installing (where a a DBE is performing a subcontracted, industry practices; whether the amount the firm is to be paid under the Agreement is commensurate with the work it is actually performing, and other relevant factors. unction when it is responsible for execution carrying out its responsibilities by actually performing, volved. To perform a commercially useful function, ith respect to materials and supplies used on the determining quality and quantity, ordering the material, and paying for the material itself. To determine whether mercially useful function, evaluate the amount of work B. A DBE does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, Agreement, or project through which funds are passed in order to obtain the appearance of DBE participation. In determining whether a DBE is such an extra participant, examine similar transactions, particularly those in which DBEs do not participate. C. If a DBE does not perform or exercise responsibility for at least thirty percent of the total cost of its Agreement with its own work force, or the DBE subcontracts a greater portion of the work of the Agreement than would be expected on the basis of normal Exhibit C-6 17336.00023\34328429.1 721 industry practice for the type of work involved, it will be presumed that it is not performing a commercially useful function. 10. DBE CERTIFICATION AND DE -CERTIFICATION STATUS If a DBE subcontractor is decertified before completing its work, the decertified subcontractor shall notify the Contractor in writing with the date of de -certification. If a subcontractor becomes a certified DBE during the life of the Agreement, the subcontractor shall notify the Contractor in writing with the date of certification. Any changes should be reported to the Commission's Contract Administrator within 30 days. 11. DBE RECORDS A. The Contractor shall maintain records of materials all subcontracts entered into with certified DBEs. The business address of each DBE subconsultant, DBE and the total dollar amount actually paid each b shall show the date of payment and the total Contractors shall also show the date of work pe corresponding dollar value of the work. chased and/or supplied from s shall show the name and dor, d DBE trucking company ess rega '•" ` s of tier. The records fi re paid `'• all firms. DBE prime y their own forces along with the In addition to all other requirements, Con to c•' plete and submit, on a monthly basis, the Monthly DBE Payment • (C. Ex •it 9-F of Chapter 9 of the LAPM). B. Upon completion of t and submitted on the most c Disadvantaged Busine the LAPM), certifi representative an the final invoice. Fai will result in the Commi will be returned to the mmary of these records shall be prepared e form entitled, "Final Report -Utilization of (DBE)," CEM- 2402F (Exhibit 17-F in Chapter 17 of he Contractor or the Contractor's authorized to the Commission's Contract Administrator with e the summary of DBE payments with the final invoice holding $10,000 until the form is submitted. This amount tractor when a satisfactory "Final Report Utilization of Disadvantaged Business Enterprises (DBE)" is submitted to the Commission's Contract Administrator. a. Prior to the fifteenth of each month, the Contractor shall submit documentation to the Commission's Contract Administrator showing the amount paid to DBE trucking companies. The Contractor shall also obtain and submit documentation to the Commission's Contract Administrator showing the amount paid by DBE trucking companies to all firms, including owner -operators, for the leasing of trucks. If the DBE leases trucks from a non -DBE, the Contractor may count only the fee or commission the DBE receives as a result of the lease arrangement. b. The Contractor shall also submit to the Commission's Contract Administrator documentation showing the truck number, name of owner, California Highway Patrol CA Exhibit C-7 17336.00023\34328429.1 722 number, and if applicable, the DBE certification number of the truck owner for all trucks used during that month. This documentation shall be submitted on the Caltrans "Monthly DBE Trucking Verification," CEM-2404(F) form provided to the Contractor by the Commission's Contract Administrator. 12. REPORTING MATERIAL OR SUPPLIES PURCHASED FROM DBEs When Reporting DBE Participation, Material or Supplies purchased from DBEs may count as follows: A. If the materials or supplies are obtained from a DBE manufacturer, 100 % of the cost of the materials or supplies will count toward the DBE participation. A DBE manufacturer is a firm that operates or maintains a factory or establishment that produces on the premises, the materials, supplies, articles, or equipment required under the Agreement and of the general character described by the specifications. B. If the materials or supplies purchased from a DBE regular dealer, count 60 % of the cost of the materials or supplies toward DBE goals. A DBE regular dealer is a firm that owns, operates or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the Agreement, are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a DBE regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a DBE regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone or asphalt without owning, operating or maintaining a place of business provided in this section. C. If the person both owns and operates distribution equipment for the products, any supplementing of regular dealers' own distribution equipment, shall be by a long-term lease agreement and not an ad hoc or Agreement -by -Agreement basis. Packagers, brokers, manufacturers' representatives, or other persons who arrange or expedite transactions are not DBE regular dealers within the meaning of this section. D. Materials or supplies purchased from a DBE, which is neither a manufacturer nor a regular dealer, will be limited to the entire amount of fees or commissions charged for assistance in the procurement of the materials and supplies, or fees or transportation charges for the delivery of materials or supplies required on the job site, provided the fees are reasonable and not excessive as compared with fees charged for similar services. 13. TERMINATION AND SUBSTITUTION OF DBE SUBCONSULTANTS Consultant shall utilize the specific DBEs listed to perform the work and supply the materials for which each is listed unless Consultant or DBE subconsultant obtains the Commission's written consent. Consultant shall not terminate or substitute a listed DBE for convenience and perform the work with their own forces or obtain materials from other Exhibit C-8 17336.00023\34328429.1 723 sources without authorization from the Commission. Unless the Commission's consent is provided, the Consultant shall not be entitled to any payment for work or material unless it is performed or supplied by the listed DBE on the attached Consultant Contract DBE Commitment form. The Commission authorizes a request to use other forces or sources of materials if Consultant shows any of the following justifications: 1. Listed DBE fails or refuses to execute a written contract based on plans and specifications for the project. 2. The Commission stipulated that a bond is a condition of executing the subcontract and the listed DBE fails to meet the Commission's bond requirements. 3. Work requires a consultant's license and liste•; ! BE does not have a valid license under Contractors License Law. 4. Listed DBE fails or refuses to perform the furnish the listed materials (failing or refusing to perform is not an abl= ' -ason to remove a DBE if the failure or refusal is a result of bad, h or discr ration). 5. Listed DBE's work is unsatisfacto d no compli ce with the contract. 6. Listed DBE is ineligible to work o oject because of suspension or debarment. 7. Listed DBE becomes bankr 8. Listed DBE voluntarily withdr.; • . ` t notice from the Agreement. 9. Listed DBE is ineligibl- :• rece '- edit .r the type of work required. 10. Listed DBE owner r be, mes disabled resulting in the inability to perform the wor 11. The Commission r documented good cause. Consultant shall no sources and provi and advise Consulta sources of materials sh BE of the intent to use other forces or material rovide the DBE with 5 days to respond to the notice mmission of the reasons why the use of other forces or ccur. Consultant's request to use other forces or material sources must include: 1. One or more of the reasons listed in the preceding paragraph. 2. Notices from Consultant to the DBE regarding the request. 3. Notices from the DBEs to Consultant regarding the request. If a listed DBE is terminated or substituted, Consultant must make good faith efforts to find another DBE to substitute for the original DBE. The substitute DBE must perform at least the same amount of work as the original DBE under the contract to the extent needed to meet or exceed the DBE goal. 14. DEBARMENT, SUSPENSION AND OTHER INELIGIBILITY AND VOLUNTARY EXCLUSION Exhibit C-9 17336.00023\34328429.1 724 In accordance with 49 CFR Part 29, which by this reference is incorporated herein, Consultant's subconsultants completed and submitted the Certificate of subconsultant Regarding Debarment, Suspension and Other Ineligibility and Voluntary Exclusion as part of the Consultant's proposal. If it is later determined that Consultant's subconsultants knowingly rendered an erroneous Certificate, the Commission may, among other remedies, terminate this Agreement. 15. ENVIRONMENTAL COMPLIANCE A. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000). B. Mandatory standards and policies relating to energ ncy which are contained in the state energy conservation plan issued in cones nce ; ', the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871). 16. NATIONAL LABOR RELATIONS BOARD C In accordance with Public Contract Code Consultant certifies under penalt perj finding of contempt of court by the immediately preceding t an order of a federal court th Labor Relations Board. 17. FUNDING REQ It is mutually understoo n the Parties that this Agreement may have been written before ascertaining the ability of funds or appropriation of funds, for the mutual benefit of both Parties, in order to avoid program and fiscal delays that would occur if the Agreement were executed after that determination was made. 915, and by signing this Agreement, at n. more than one final unappealable has been issued against Consultant within ause of Consultant's failure to comply with ant to comply with an order of the National This Agreement is valid and enforceable only if sufficient funds are made available to Commission for the purpose of this Agreement. In addition, this Agreement is subject to any additional restrictions, limitations, conditions, or any statute enacted by the Congress, State Legislature, or Commission governing board that may affect the provisions, terms, or funding of this Agreement in any manner. It is mutually agreed that if sufficient funds are not appropriated, this Agreement may be amended to reflect any reduction in funds. Exhibit C-10 17336.00023\34328429.1 725 EXHIBIT D FTA FUNDING REQUIREMENTS (Non-construction/maintenance work) As used herein, "RCTC" shall have the same meaning as the "Commission." The term "contract" or "Contract" shall have the same meaning as the "Agreement." 1. No Obligation by the Federal Government a. RCTC and Consultant acknowledge and agree that, notwithstanding any concurrence by the Federal Government in or approval of the solicitation or award of the underlying contract, absent the express written consent by the Federal Government, the Federal Government is not a party to this contract and shall not be subject to any obligations or liabilities to the Purchaser, Consultant, or an ether party (whether or not a party to that contract) pertaining to any matter resultin• " .m the underlying contract. b. The Consultant agrees to include the above;;., . use i .ch subcontract financed in whole or in part with Federal assistance provi•. 'by FTA. I urther agreed that the clause shall not be modified, except to identif a su• •nsultan who will be subject to its provisions. 2. Program Fraud and False or Fr• � _ •t St• ents or Related Acts a. The Consultant acknowle pro isions of the Program Fraud Civil Remedies Act of 1986, as en► d, 3 U.S.C. § 3801 et seq. and U.S. DOT regulations, "Program Frau ' 49 C.F.R. Part 31, apply to its actions pertaining to this Project. U. • - • _ .f the underlying contract, the Consultant certifies or affirms th and accuracy of any statement it has made, it makes, it may mak ; .r ca► s e made, pertaining to the underlying contract or the FTA assisted • __'ect for w h t is contract work is being performed. In addition to other penalties that licable, the Consultant further acknowledges that if it makes, or causes to r .e, a false, fictitious, or fraudulent claim, statement, submission, or certificatio e Federal Government reserves the right to impose the penalties of the Program Fraud Civil Remedies Act of 1986 on the Consultant to the extent the Federal Government deems appropriate. b. The Consultant also acknowledges that if it makes, or causes to be made, a false, fictitious, or fraudulent claim, statement, submission, or certification to the Federal Government under a contract connected with a project that is financed in whole or in part with Federal assistance originally awarded by FTA under the authority of 49 U.S.C. § 5307, the Government reserves the right to impose the penalties of 18 U.S.C. § 1001 and 49 U.S.C. § 5307(n)(1) on the Consultant, to the extent the Federal Government deems appropriate. c. The Consultant agrees to include the above two clauses in each subcontract financed in whole or in part with Federal assistance provided by FTA. It is further agreed FTA Requirements- Page 1 726 that the clauses shall not be modified, except to identify the subconsultant who will be subject to the provisions. 3. Access to Records The Consultant agrees to the following access to records requirements: a. To provide RCTC, the FTA Administrator, the Comptroller General of the United States or any of their authorized representatives access to any books, documents, papers and records of the Consultant which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts and transcriptions. Consultant also agrees, pursuant to 49 C. F. R. 633.17 to provide the FTA Administrator or his authorized representatives including any PMO Consultant access to Consultant's records and construction sites pertaining to a major capital oject, defined at 49 U.S.C. 5302(a)1, which is receiving federal financial assis ce through the programs described at 49 U.S.C. 5307, 5309 or 5311. b. To make available in the case of a contra as defined above and awarded by other than pe U.S.C. 5325(a), records related to the Transportation and the Comptroller General or any of them for the purposes of conduct - -udit c. To maintain all books, reco for a period of not less than thr contract, except in the ev performance of this contrac RCTC, the FTA Admin. representatives, ha related thereto. R d. To permit any o to copy excerpts and tran 4. Federal Changes r a capit oject or improvement, ti ' - biddin n accordance with 49 to RCTC, the Secretary of authorized officer or employee of inspection. an• eports required under this contract the date of termination or expiration of this settlement of claims arising from the Consultant agrees to maintain same until Comptroller General, or any of their duly authorized II such litigation, appeals, claims or exceptions 1 "•.39(i)(11). oing parties to reproduce by any means whatsoever or bons as reasonably needed. The Consultant shall at all times comply with all applicable FTA regulations, policies, procedures and directives, including without limitation those listed directly or by reference in the Master Agreement between RCTC and FTA, as they may be amended or promulgated from time to time during the term of this contract. Consultant's failure to so comply shall constitute a material breach of this contract. 5. Civil Rights The following requirements apply to the underlying contract: FTA Requirements- Page 2 727 (1) Nondiscrimination - In accordance with Title VI of the Civil Rights Act, as amended, 42 U.S.C. § 2000d, section 303 of the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6102, section 202 of the Americans with Disabilities Act of 1990, 42 U.S.C. § 12132, and Federal transit law at 49 U.S.C. § 5332 and 49 CFR part 21, the Consultant agrees that it will not discriminate against any employee or applicant for employment because of race, color, creed, national origin, sex, age, or disability. In addition, the Consultant agrees to comply with applicable Federal implementing regulations and other implementing requirements FTA may issue. (2) Equal Employment Opportunity - The following equal employment opportunity requirements apply to the underlying contract: (a) Race, Color, Creed, National Origin, Sex - In ac , dance with Title VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, and F .)r=raI transit laws at 49 U.S.C. § 5332, the Consultant agrees to comply with a ' *licable equal employment opportunity requirements of U.S. Department of L. (U IOL) regulations, "Office of Federal Contract Compliance Program , qual ; oyment Opportunity, Department of Labor," 41 C.F.R. Parts 60 et + ., (_ •ich impl ent Executive Order No. 11246, "Equal Employment Opportunity, ended by Executive Order No. 11375, "Amending Executive Order 11246 Relati Equal Employment Opportunity," 42 U.S.C. § 2000e note), and with an able seral statutes, executive orders, regulations, and Federal policies that u` re affect construction activities undertaken in the course of the oject Co sultant agrees to take affirmative action to ensure that applican r- plo •d, and that employees are treated during employment, without regar lor, creed, national origin, sex, or age. Such action shall include, b o :: to, the following: employment, upgrading, demotion or transfer, r e r recruitment advertising, layoff or termination; rates of pay or other s • o nsation; and selection for training, including apprenticeship. In edition, t Co sultant agrees to comply with any implementing requirements FTA m (b) Age - In accor.` e with section 4 of the Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. § § 623, Federal transit law at 49 U.S.C. § 5332, the Equal Employment Opportunity Commission (U.S. EEOC) regulations, "Age Discrimination in Employment Act," 29 C.F.R. part 1625, the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6101 et seq., U.S. Health and Human Services regulations, "Nondiscrimination on the Basis of Age in Programs or Activities Receiving Federal Financial Assistance," 45 C.F.R. part 90, the Consultant agrees to refrain from discrimination against present and prospective employees for reason of age. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (c) Disabilities - In accordance with section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq., the Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., and Federal transit law at 49 U.S.C. § 5332, the Consultant FTA Requirements- Page 3 728 agrees that it will not discriminate against individuals on the basis of disability, and that it will comply with the requirements of U.S. Equal Employment Opportunity Commission, "Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act," 29 C.F.R. Part 1630, pertaining to employment of persons with disabilities. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (3) The Consultant also agrees to include these requirements in each subcontract financed in whole or in part with Federal assistance provided by FTA, modified only if necessary to identify the affected parties. 6. FTA Disadvantaged Business Enterprise (DBE) Requirements A. General DBE Requirements: In accordance with deral financial assistance agreements with the U.S. Department of Transportation S. DOT), Commission has adopted a Disadvantaged Business Enterprise Policy and Program, in conformance with Title 49 CFR Part 26, "Partici* ion isadvantaged Business Enterprises in Department of Transportation Pro R; i s" (the " ulations"). This RFP is subject to these stipulated regulations. In ord e that C mmission achieves its overall DBE Program goals and objectives, .ion encourages the participation of DBEs as defined in 49 CFR 26 in the oerform.° e of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission 1. Ensure nondiscrimination dministration of DOT -assisted contracts; 2. Create a level playin • o ! ich DBE's can compete fairly for DOT -assisted contracts; 3. Ensure that the D. .rogra s narrowly tailored in accordance with applicable law; 4. Ensure that only firm .t fully meet 49 C.F.R. part 26 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participation of DBEs in DOT assisted contracts; 6. To promote the use of DBEs in all types of federally assisted contracts and procurement activities; and 7. Assist in the development of firms that can compete successfully in the marketplace outside the DBE program. B. Discrimination: Consultant shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of subcontracts. Any terms used FTA Requirements- Page 4 729 herein that are defined in 49 CFR Part 26, or elsewhere in the Regulations, shall have the meaning set forth in the Regulations. C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race -Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no FTA DBE goal on this Project. Consultant shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Consultant shall adhere to race -neutral DBE participation commitment(s) made at the time of award. D. Race -Neutral DBE Submissions and Ongoin Award): At termination of the Contract, the succe submit to Commission a "DBE Race -Neutral Pa by Commission. In the event DBE(s) are utili Consultant shall comply with applicable reporti rting Requirements (Post- Co ��� tant shall complete and pation Lis in the form provided th :•erform:'` ce of the Agreement, ements. E. Performance of DBE Subconsult. ' ; E s •nsultants listed by Consultant in its "DBE Race -Neutral Participation Lis gig' t-': at the time of proposal shall perform the work and supply the terial hic they are listed, unless Consultant has received prior written auth• '' a 4 fro ommission to perform the work with other forces or to obtain the mat- .Is fr.. othe °.ources. Consultant shall provide written notification to Commission i t, er of any changes to its anticipated DBE participation. This noti - •ul.' , provided prior to the commencement of that portion of the work. F. DBE Certifica life of this Agreement, with the date of decertifi If a listed DBE subconsultant is decertified during the ertified subconsultant shall notify Consultant in writing n. If a non -DBE subconsultant becomes a certified DBE during the life of this Agreement, the DBE subconsultant shall notify Consultant in writing with the date of certification. Consultant shall furnish the written documentation to Commission in a timely manner. Consultant shall include this requirement in all subcontracts. G. Consultant's Assurance Clause Regarding Non -Discrimination: In compliance with State and Federal anti -discrimination laws, Consultant shall affirm that it will not exclude or discriminate on the basis of race, color, national origin, or sex in consideration of contract award opportunities. Further, Consultant shall affirm that they will consider, and utilize subconsultants and vendors, in a manner consistent with non-discrimination objectives. FTA Requirements- Page 5 730 H. Violations: Failure by the selected Consultant(s) to carry out these requirements shall be a material breach of the contract to be awarded pursuant to this RFP, which may result in the termination of the contract or such other remedy as the recipient deems appropriate, which may include, but is not limited to: (1) Withholding monthly progress payments; (2) Assessing sanctions; (3) Liquidated damages; and/or (4) Disqualifying the Consultant from future bidding as non -responsible. 49 C.F.R. § 26.13(b). I. Prompt Payment: Consultant shall pay its subconsultants for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Consultant. 49 C.F.R. § 26.29(a), unless a orter period is provided in the contract. J. Compliance with DBE Requirements Contained;;' TA comply with all DBE reporting and other requirem s contain visions: Consultant shall this Agreement. 7. Incorporation of Federal Transit Admini :=tion (FTA) Terms The preceding provisions include, required by DOT, whether or provisions. All contractual pr 4220.1F are hereby incor notwithstanding, all FTA ma conflict with other pro perform any act, fai which would caus andard Terms and Conditions forth in the preceding contract d by DOT, as set forth in FTA Circular nce. Anything to the contrary herein all be deemed to control in the event of a ained in this Agreement. The Consultant shall not ct, or refuse to comply with any RCTC requests ation of the FTA terms and conditions. 8. Debarment an • s • sion. The Consultant agrees to the following: (1) It will comply with the following requirements of 2 CFR Part 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR Part 1200. (2) It will not enter into any "covered transaction" (as that phrase is defined at 2 CFR §§ 180.220 and 1200.220) with any subconsultant whose principal is, suspended, debarred, or otherwise excluded from participating in covered transactions, except as authorized by— (i) U.S. DOT regulations, "Nonprocurement Suspension and Debarment," 2 CFR Part 1200; (ii) U.S. OMB regulatory guidance, "Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement)," 2 CFR Part 180; and (iii) Other applicable federal laws, regulations, or requirements regarding participation with debarred or suspended recipients or third party participants. FTA Requirements- Page 6 731 (3) It will review the U.S. GSA "System for Award Management — Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs," if required by U.S. DOT regulations, 2 CFR Part 1200. 9. ADA Access Requirements The Consultant shall comply with all applicable requirements of the Americans with Disabilities Act of 1990 (ADA), 42 USC Section 12101 et seq; Section 504 of the Rehabilitation Act of 1973, as amended, 29 USC Section 794; 49 USC Section 5301(d). 10. FIy America To the extent applicable to the Services, the Consultant agrees to comply with 49 U.S.C. 40118 (the "FIy America" Act) in accordance ,:,'th the General Services Administration's regulations at 41 CFR Part 301-10, wh' ;`' "provide that recipients and sub recipients of Federal funds and their consultants _ quired to use U.S. Flag air carriers for U.S. Government -financed international tra - -nd transportation of their personal effects or property, to the extent such rvice is able, unless travel by foreign air carrier is a matter of necessity, - efin • by the ly America Act. The Consultant shall submit, if a foreign air carrier -s •d, an appropriate certification or memorandum adequately explaining why servi ;•y a U.S. flag air carrier was not available or why it was necessary to u • s reig carrier and shall, in any event, provide a certificate of compliance with requirements. The Consultant agrees to include the requiremen of thi . - ion all subcontracts that may involve international air transportation. 11. Cargo Preference - ► of es -Flag Vessels To the extent applica• S- es, the Consultant agrees: 1. To use p •tely ow d United States -Flag commercial vessels to ship at least 50 pe . qt . e gross tonnage (computed separately for dry bulk carriers, dry c- liners, and tankers) involved, whenever shipping any equipment, material, or commodities pursuant to the underlying contract to the extent such vessels are available at fair and reasonable rates for United States -Flag commercial vessels; 2. To furnish within 20 working days following the date of loading for shipments originating within the United States or within 30 working days following the date of leading for shipments originating outside the United States, a legible copy of a rated, "on -board" commercial ocean bill -of -lading in English for each shipment of cargo described in the preceding paragraph to the Division of National Cargo, Office of Market Development, Maritime Administration, Washington, DC 20590 and to the FTA recipient (through the Consultant in the case of a subconsultant's bill -of -lading.) FTA Requirements- Page 7 732 3. To include these requirements in all subcontracts issued pursuant to this contract when the subcontract may involve the transport of equipment, material, or commodities by ocean vessel. 11. Buy America — Not applicable. 12. Employment Provisions To the extent applicable to the Services, Consultant shall comply with the following: A. Equal Employment Opportunity — Not applicable. B. Copeland "Anti -Kickback" Act (18 U.S.C. 874 and 40 U.S.C. 276c) — Not applicable. C. Contact Work Hours and Safety Standards Act 1 U.S.C. 327-333) —Not applicable. D. Release of Retainage No retainage will be withheld by the RCTC fm pr ess payments due Consultant. Retainage by Consultant or subconsultants is prohibited, and no retainage will be held by the prime consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consultant or defici nt subconsultant performance, or noncompliance by a subconsultant. 13. Termination nce RCTC may terminate the Feement for convenience in accordance with the terms of the Agreement. After such termination, the Consultant shall submit a final termination settlement proposal to RCTC as directed. If the Consultant fails to submit a proposal within the time allowed, RCTC may determine, on the basis of information available, the amount, if any due the Consultant because of the termination and shall pay the amount determined. After the Consultant's proposal is received, RCTC and Consultant shall negotiate a fair and equitable settlement and the contract will be modified to reflect the negotiated agreement. If agreement cannot be reached, RCTC may issue a final determination and pay the amount determined. If the Consultant does not agree with this final determination or the determination resulting from the lack of timely submission of a proposal, the Consultant may appeal under the Disputes clause. FTA Requirements- Page 8 733 14. Administrative and Contractual Remedies on Breach; Termination for Cause a.The Consultant may be declared in breach of this Agreement ("Breach") if the Consultant fails to make delivery of the supplies or to perform the services within the time specified herein or any extension thereof; or if the Consultant fails to perform any of the other provisions of the contract, or so fails to make progress as to endanger performance of this contract in accordance with its terms. In case of any of the foregoing, RCTC shall notify the Consultant of the Breach, and the Consultant shall have a period of ten (10) days (or such longer period as RCTC may authorize in writing) after receipt of notice from RCTC to cure the Breach. b. RCTC may, by written notice of termination to the Consultant specifying the effective date thereof, terminate the whole or any part of t .'a contract, in the case of a Breach that is not cured within the timeframe set forth in above ("Uncured Breach"). c. If the contract is terminated in whole or in may procure upon such terms and in such ma supplies or services similar to those so termi its own forces. The Consultant shall be liable similar supplies or services, and for any other co Uncured Breach. The Consultant shall extent not terminated under the provisio d. Except with respect to liable for any excess costs beyond the control and witho perform is caused by causes beyond the the fault or negli excess costs for fai the Subconsultant wer Consultant to meet the re for Uncured Breach, RCTC as RCT ay deem appropriate, ay com' ete the services with for any excess costs for such curred by RCTC as a result of the ormance of this contract to the bconsultants, the Consultant shall not be rform the contract arises out of causes gligence of the Consultant. If the failure to a Subconsultant, and if such default arises out of e Consultant and the Subconsultant, and without o hem, the Consultant shall not be liable for any m, unless the supplies or services to be furnished by ble from other sources in sufficient time to permit the d project completion schedule. e. Payment for completed services or supplies delivered to and accepted by RCTC shall be at the contract price. RCTC may withhold from amounts otherwise due the Consultant for such completed services or supplies such sum as RCTC determines to be necessary to protect RCTC against loss because of outstanding liens of claims of former lien holders, or to reimburse RCTC for any other costs related to the Uncured Breach. f. If, after notice of termination of this contract for cause, it is determined for any reason that an Uncured Breach did not exist, the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to the provisions for termination for convenience of RCTC. FTA Requirements- Page 9 734 g. The rights and remedies of RCTC provided in this clause shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance. h. Notwithstanding the above, RCTC may, without providing an opportunity to cure, terminate the contract in accordance with the timeframe set forth in Section 17 of the contract, if RCTC determines such action is in its best interest based on the nature of the Breach. Such actions shall not limit any of RCTC's remedies set forth above. 16. Disputes a. Except as otherwise provided in this Agreement, any dispute concerning a question of fact arising under this Agreement which is not disposed of by supplemental agreement shall be decided by RCTC's Deputy Executive Director, who sha duce the decision to writing and mail or otherwise furnish a copy thereof to the • Itant. The decision of the RCTC Deputy Executive Director shall be final an. wnclu unless, within thirty (30) days from the date of receipt of such copy, Co - ant mails . •therwise furnishes to the RCTC Deputy Executive Director a writte •pea -ddressew to RCTC's Executive Director. The decision of RCTC Executive Dire ► •uly authorized representative for the determination of such appeals shall be final a onclusive. b. The provisions of this Paragraph •e pleaded in any suit involving a question of fact arising under t gre- as miting judicial review of any such decision to cases where fraud s offi • I or his representative or board is alleged, provided, however, that any h de .ion s' I be final and conclusive unless the same is fraudulent or capricious o •' grossly erroneous as necessarily to imply bad faith or is not su• • -.- • ubstantial evidence. In connection with any appeal proceeding under th' . ara• h, Consultant shall be afforded an opportunity to be heard and to offer .ence in •po ` of its appeal. c. Pending final de • •n a dispute hereunder, Consultant shall proceed diligently with the performance of t greement and in accordance with the decision of RCTC's Deputy Executive Director. This "Disputes" clause does not preclude consideration of questions of law in connection with decisions provided for above. Nothing in this Agreement, however, shall be construed as making final the decision of any RCTC official or representative on a question of law, which questions shall be settled in accordance with the laws of the State of California. 17. Lobbying See the Byrd Anti -Lobbying Amendment, 31 U.S.C. 1352, as amended by the Lobbying Disclosure Act of 1995, P.L. 104-65 [to be codified at 2 U.S.C. § 1601, et seq.] - Consultants who apply or bid for an award of $100,000 or more shall file the certification required by 49 CFR part 20, "New Restrictions on Lobbying." Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to FTA Requirements- Page 10 735 pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal contract, grant or any other award covered by 31 U.S.C. 1352. Each tier shall also disclose the name of any registrant under the Lobbying Disclosure Act of 1995 who has made lobbying contacts on its behalf with non -Federal funds with respect to that Federal contract, grant or award covered by 31 U.S.C. 1352. Such disclosures are forwarded from tier to tier up to the recipient. The Offeror shall complete and submit with its bid/proposal the attached Certification Regarding Lobbying, and if applicable, the Standard Form-LLL, "Disclosure Form to Report Lobbying." 18. Energy Conservation The Consultant agrees to comply with mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act. 19. Clean Water a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. d. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 20. Clean Air a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. FTA Requirements- Page 11 736 b. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). c. The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 21. Recycled Products Recovered Materials - The Consultant agrees to co Section 6002 of the Resource Conservation and (42 U.S.C. 6962), including but not limited to th 247, and Executive Order 12873, as they apply to the procurement of the ite CFR Part 247. 21. SPECIAL PROVISION FO Section 49. Centers for Dise for Persons to Wear Mask (a) Compliance with C ("CDC") Order of J While on Conveya Agreement. One of operating transportatio all subconsultants to com 4hall the requirements of overy Act (RCRA), as amended gulatory provisions of 40 CFR Part designated in Subpart B of 40 ROMOTING COVID-19 SAFETY rol and Prevention Order on Requirements Conveyances and at Transportation Hubs. er. The Centers for Disease Control and Prevention 2121, titled Requirement for Persons to Wear Masks ansportation Hubs ("CDC Mask Order"), applies to this s of the CDC Mask Order is "[m]aintaining a safe and Consultant agrees that it will comply, and will require with the CDC Mask Order. (b) Enforcement for non-compliance. Consultant agrees that FTA and RCTC may take enforcement action for non-compliance with the CDC Mask Order, including: (1) enforcement actions authorized by 49 U.S.C. § 5329(g); (2) referring Consultant to the CDC or other Federal authority for enforcement action; (3) enforcement actions authorized by 2 CFR §§ 200.339 — .340; and (4) any other enforcement action authorized by Federal law or regulation. FTA Requirements- Page 12 737 22.Safe Operation of Motor Vehicles Pursuant to Federal Executive Order No. 13043, "Increasing Seat Belt Use in the United States," April 16, 1997, 23 U.S.C. Section 402 note, FTA encourages each third party consultant to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company owned, rented, or personally operated vehicles, and to include this provision in each third party subcontract involving the project. a. The Consultant is encouraged to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company -owned vehicles, company -rented vehicles, or personally operated vehicles. The terms "company -owned" and "company -leased" refer to vehicles owned or leased either by the Consultant or RCTC. The Consultant agrees to adopt and enforce workplace safety policies to decrease crashes caused by distracted drivers, including policies to ban text messaging while using an electronic device supplied by an employer, and driving a vehicle the driver owns or rents, a vehicle Contactor owns, leases, or rents, or a privately -owned vehicle when on official business in connection with the work performed under this contract. FTA Requirements- Page 13 738 EXHIBIT "E" CERTIFICATE OF CONSULTANT I HEREBY CERTIFY that I am the and duly authorized representative of the firm of whose address is , and that, except as hereby expressly stated, neither I nor the above firm that I represent have: (a) employed or retained for a commission, percentage, brokerage, contingent fee, or other consideration, any firm or person (other than a bona fide employee working solely for me or the above consultant) to solicit or secure this agreement; nor (b) agreed, as an express or implied condition f.:; ;obtaining this Agreement, to employ or retain the services of any firm or . on in connection with carrying out the agreement; nor (c) paid, or agreed to pay, to any firm, fide employee working solely f contribution, donation, or considera procuring or carrying out thi- .,•reeme nization or < on (other than a bona he above consultant) any fee, any kind for, or in connection with, acknowledge that this Certificat made available to the California Department of Transportation s) onnection with this agreement involving participation of Federal -aid Hi• ' ds, is subject to applicable State and Federal laws, both criminal and civil. Name Title Exhibit E-1 17336.00023\34328429.1 739 Appendix L. - Disclosure of Lobbying Activities Local Assistance Procedures Manual EXIIBIT 10-Q Disclosure of Lobbying Activities No Lobbyg Activities EXHIBIT t0 RepO COMPLETE THIS FORM 10-Q DISCLOSURE OF LOBBYING ACTIVITIES TO DISCLOSE LOBBYING ACTIVITIES PURSUANT TO 31 U.S.C. 1352 1. Type of Federal Action: ❑ a. contract b. grant c. cooperative agreement d. loan e. loan guarantee f. loan insurance 2. Status of Federal Action: 3. Report Type: Ea. bid/offer/application ❑ a. initial b. initial award b. material change c. post -award 4. Name and Address of Reporting Entity Prime oSubawardee Tier ,ifknown Congressional District, if known 6. Federal Department/Agency: 8. Federal Action Number, if known: 10. Name and Address of Lobby Entity (If individual, last name, first name, MI) For Material Change Only: year quarter date oflast report 5. If Reporting Entity in No. 4 is Subawardee, Enter Name and Address of Prime: Congression -ict, if known 7. Federal Program to/Description: ifY CF umber, if ap 9. '-•rdAmount, ifknown • erfornung Services address if different from No. 10) e, first name, MI) (attach C. se .n Sheet(s) if neoessary) 12. Amount of Payment (check all that apply Type of yment (check all that apply) $ 111actual plane-` retainer . one-time fee 13. Form of Payment (check ): c. commission ea. cash d. contingent fee b. in -kind; s. nature e deferred f other, specify rmed or i , performed and Date(s) of Service, including ber(s) contacted, for Payment Indicated in Item 12: ttach Continuation Sheet(s) if necessary) ed: Yes pi No ❑ err is authorized by Title sure of lobbying reliance. Signature: transaction was made or quired pursuant to 31 U.S.C. reported to Congress ailable for public inspection. Any 15. Brief Description of officer(s 16. 17. Info 31 U.S. was placed entered into. 1352. This info semiannually and wi person who fails to file e required disclosure shall be subject to a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. Telephone No.: Date: nuation Sheet(s) equested through n 1352. Thisd ier above closu Print Name: Federal Use Only: Title: Authorized for Local Reproduction Standard Form - LLL Standard Fomr LLL Rev. 04.25-06 Distribution: Ong- Local Agency Project Files LPP 13-01 APPENDIX L - 1 Page 1 May 8, 2013 Response to RFP 22-41-009-00 (On -Call Right of Way Appraisal Services) Riverside County Transportation Commission 740 ATTACHMENT 3 Agreement No. 22-31-027-00 PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING ASSISTANCE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT WITH INTEGRA REALTY RESOURCES — LOS ANGELES FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Parties and Date. This Agreement is made and entered into this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("the Commission") and INTEGRA REALTY RESOURCES — LOS ANGELES ("Consultant"), a Corporation. The Commission and Consult.- are sometimes referred to herein individually as "Party", and collectively as the " ies" Recitals. A. On November 8, 1988, the Voters of Ri side County approved Measure A authorizing the collection of a one-half percent (1/2 °/o) retail transactions and use tax (the "tax") to fund transportat; ; • rams and improvements within the County of Riverside, and adopting the : versi County Transportation Improvement Plan (the "Plan"). B. Pursuant to Public Utility Code Sections 240000 et seq., the Commission is authorized to allocate the proceeds of the Tax in furtherance of the Plan. C. On November 5, 2002, the voters of Riverside County approved an extension of the Measure A tax for an additional thirty (30) years for the continued funding of transportation and improvements within the County of Riverside. D. A source of funding for payment for on -call professional appraisal services provided under this Agreement may be Federal Highway Administration ("FHWA") funds administered by the California Department of Transportation ("Caltrans"), and/or funds from the Federal Transit Administration ("FTA"). This Commission may withhold payment of any federal funds hereunder until the certification shown in Exhibit "F" attached hereto and incorporated herein by reference, is executed. E. Consultant desires to perform and assume responsibility for the provision of certain on -call right of way appraisal services for projects in the County of Riverside, California. Services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). Consultant 741 represents that it is experienced in providing such services to public clients, is licensed in the State of California (if necessary) and is familiar with the plans of the Commission. G. Commission desires to engage Consultant to render such services on an on -call basis. Services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein and in each Task Order (each such project shall be designated a "Project" under this Agreement). Terms. 1. General Scope of Services. Consultant shall furnish all technical and professional services, including labor, material, equipment, transportation, supervision and expertise, and incidental and customary work necessary to fully and adequately supply the on -call right of way appraisal services for the Services are generally described in Exhibit "A" attached by reference. The Services shall be more particularly Orders issued by the Commission's Executive Dire or be performed unless authorized by a fully exec Task subject to, and performed in accordance with, Agr-em the exhibits attached hereto and incorporate • -re ;'y r local, state and federal laws, rules and regulation 2. Task Orders. Commencem under this Agreement shall be requeste requests. If Commission acce •,, sult issue a purchase order or e. uted :sk Order Authorization"). Con Order, Commission's Task Or Services shall indicat rojects ("Services"). The to and incorporated herein ribed in the individual Task ignee. No Services shall O .. All Services shall be ent, relevant Task Order, eference, and all applicable Schedule of Services. Services mission pursuant to Task Order s Task Order proposal, Commission shall er for the Services ("Commission's Task t to the final terms of a proposed Task uthoriza ion and Consultant's commencement of the reement to the terms of the relevant Task Order. Cons t shall mmence Services under a Task Order within five (5) days of receiving Co sion' , ask Order Authorization. Consultant sh I perform the Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3. Pre -Award Audit. As a result of the funding for this Project, and to the extent Caltrans procedures apply in connection therewith, issuance of a "Notice to Proceed" or other authorization to proceed under a Task Order may be contingent upon completion and approval of a pre -award audit. Any questions raised during the pre -award audit shall be resolved before Services are commenced under a Task Order. The funding provided under this Agreement is contingent on meeting all funding requirements and could be withdrawn, thereby entitling the Commission to terminate this Agreement, if the procedures are not completed. The Consultant's files shall be maintained in a manner to facilitate State process reviews. In addition, Caltrans may require that prior to performance of any work for which funding reimbursement through Caltrans is requested and provided, that Caltrans must give to Commission an "Authorization to Proceed". 4. Audit Procedures. 4.1 Consultant and certain subconsultant contracts, including cost proposals and ICR, are subject to audits or reviews such as, but not limited to, a contract audit, an incurred cost audit, an Independent Cost Review (ICR) Audit, or a CPA ICR audit work paper review. If selected for audit or review, this Agreement, Consultant's cost proposal and ICR and related work papers, if applicable, will be reviewed to verify compliance with 48 CFR, Part 31 and other related laws and egulations. In the instances of a CPA ICR audit work paper review it is Consultant's r state, or local government officials are allowed full a including making copies as necessary. This Agreem ICR shall be adjusted by Consultant and app manager to conform to the audit or review r individual terms of costs identified in the a Agreement by this reference if directed by Com Consultant to incorporate audit or revie •mme state or local governments have access of the Agreement terms and cause for to of prior reimbursed costs. Ad set forth in Sections 22 and Section 4.2 and 4.3 shall a source. 4.2 by the Consultant's in toward a resolution of i best efforts to resolve an onsibility to ensure federal, to the CPA's work papers C• Itant's cost proposal, and by t Commission's contract dations. "-`onsultant agrees that shall be incorporated into this on at its sole discretion. Refusal by ions, or to ensure that the federal, ers, will be considered a breach this Agreement and disallowance ovisions applicable to this Agreement are ent. e extent applicable to the Task Order and funding altrans' review of the ICR audit work papers created CPA, Caltrans will work with the CPA and/or Consultant hat arise during the review. Each party agrees to use its audit disputes in a timely manner. If Caltrans identifies significant issues during the review and is unable to issue a cognizant approval letter, Commission will reimburse the Consultant at an accepted ICR until a FAR (Federal Acquisition Regulation) compliant ICR {e.g. 48 CFR Part 31; GAGAS (Generally Accepted Auditing Standards); CAS (Cost Accounting Standards), if applicable; in accordance with procedures and guidelines of the American Association of State Highways and Transportation Officials (AASHTO) Audit Guide; and other applicable procedures and guidelines is received and approved by Caltrans. Accepted rates will be as follows: a. If the proposed rate is less than one hundred fifty percent (150%) - the accepted rate reimbursed will be ninety percent (90%) of the proposed rate. 4 743 b. If the proposed rate is between one hundred fifty percent (150%) and two hundred percent (200%) - the accepted rate will be eighty-five percent (85%) of the proposed rate. c. If the proposed rate is greater than two hundred percent (200%) - the accepted rate will be seventy-five percent (75%) of the proposed rate. 4.3 If Caltrans is unable to issue a cognizant letter per Section 4.2 above, Caltrans may require Consultant to submit a revised independent CPA -audited ICR and audit report within three (3) months of the effective date of the Caltrans' management letter. Caltrans will then have up to six (6) months to review the Consultant's and/or the independent CPA's revisions. If the Consultant fails to comply with the provisions of this Section 4, or if Caltrans is still unable to issue a cognizant approval letter er the revised independent CPA audited ICR is submitted, overhead cost reimbu a'°'lent will be limited to the accepted ICR that was established upon initial reje . •f the ICR and set forth in Section 4.2 above for all rendered services. In this - t, t . ccepted ICR will become the actual and final ICR for reimbursement purp• under th greement. Consultant may submit to Com io nal invoice only when all of the following items have occurred: (1) Caltrans ac or adjusts the original or revised independent CPA audited ICR; (2) all nder Agreement has been completed to the satisfaction of Commission; and ( ha ssued its final ICR review letter. The Consultant must submit its final in o • mission no later than sixty (60) calendar days after occurrenc_ last these items. The accepted ICR will apply to this Agreement and all k 0' -rs i ed under this Agreement, and all other agreements executed betty- the on and the Consultant, either as a prime or subconsultant, with the - e .. period CR. 5.1 Agr- ent shall go into effect on the date first set forth above, contingent upon appro ommission, and Consultant shall commence work after notification to proceed by ommission's Contract Administrator. This Agreement shall end on December 31, 2025, unless extended by contract amendment. Notwithstanding the foregoing, Caltrans and/or FHWA funded Task Orders shall be completed within thirty-six (36) months of the Effective Date, unless approval of Caltrans is obtained from the Commission. 5.2 Consultant is advised that any recommendation for contract award is not binding on Commission until this Agreement is fully executed and approved by the Commission. 5.3 This Agreement shall remain in effect until the date set forth above, unless earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 6. Commission's Contract Administrator. The Commission hereby designates the Commission's Executive Director, or his or her designee, to act as its Contract Administrator for the performance of this Agreement ("Commission's Contract Administrator"). Commission's Contract Administrator shall have the authority to act on behalf of the Commission for all purposes under this Agreement. Commission's Contract Administrator shall also review and give approval, as needed, to the details of Consultant's work as it progresses. Consultant shall not accept direction or orders from any person other than the Commission's Contract Administrator or his or her designee. 7. Consultant's Representative. Consultant hereby Beth B. Finestone to act as its Representative for the performance of this Representative"). Consultant's Representative shall hav of Consultant for all purposes under this Agreement. shall supervise and direct the Services, using his or and shall be responsible for all means, methods, t and for the satisfactory coordination of all portio Consultant shall work closely and coope Administrator and any other agencies which may the Services. Consultant's Representat' call all reasonable times. Any substitution in in writing by Commission's Contract Admi 8. Substitution of Commission that certain ke this Agreement. Should one o may substitute other Commission. In t substitution of the Agreement for cause, performance of this Ag Bogorad, Robert M. Lea,William Larsen, Ryan J. Dobbins, Jerardo Arciniega, Nicole B. Galvez, Susan O. Gordon, Thomas G. Richardson, J. Richard Donahue, and Stephanie Kavanaugh, or as otherwise identified in the Task Order. greement ("Consultant's 1 authority to act on behalf Consultant's Representative sional skill and attention, niques, ences and procedures th- Service nder this Agreement. with Commission's Contract e jurisdiction over, or an interest in, ilable to the Commission staff at presentative shall be approved Consultant has represented to the rform and coordinate the Services under of suc personnel become unavailable, Consultant ast equal competence upon written approval by the mmission and Consultant cannot agree as to the I, the Commission shall be entitled to terminate this to the provisions herein. The key personnel for nt are: Beth B. Finestone, John G. Ellis, Adam M. 9. Standard of Care; Licenses. Consultant represents and maintains that it is skilled in the professional calling necessary to perform all Services, duties and obligations required by this Agreement to fully and adequately complete the Project. Consultant shall perform the Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Consultant further represents and warrants to the Commission that its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be 6 745 maintained throughout the term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from the Commission, any services necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. Any employee of Consultant or its sub -consultants who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Consultant and shall not be re-employed to perform any of the Services or to work on the Project. 10. Independent Contractor. The Services shall b-;.erformed by Consultant or under its supervision. Consultant will determine the s, methods and details of performing the Services subject to the requirements Agreement. Commission retains Consultant on an independent contractor ba ,"` nd :_._ -s an employee, agent or representative of the Commission. Consultant „ '' ins the to perform similar or different services for others during the term of inAgr-:. ment A °' additional personnel performing the Services under this Agreemen b f of Consultant shall at all times be under Consultant's exclusive direction and co " '. •I. Consultant shall pay all wages, salaries and other amounts due such p el in ection with their performance of Services and as required by law. Con to - b responsible for all reports and obligations respecting such perso eel, in ,•: + bu of limited to, social security taxes, income tax withholdings, une ► r�L_',-nt i ranee, disability insurance, and workers' compensation insurance. 11. Project Pro • -ss. 11.1 the Commission, t required Services wi informed of all anticipa schedule modification is ne essary, Consultant shall promptly submit a revised Schedule of Services for approval by Commission's Contract Administrator. e Schedule. Consultant shall regularly report to ondence or progress reports, its progress in providing eduled time periods. Commission shall be promptly elays. In the event that Consultant determines that a 11.2 Trend Meetings. Consultant shall conduct trend meetings with the Commission's Contract Administrator and other interested parties, as requested by the Commission, on a bi-weekly basis or as may be mutually scheduled by the Parties at a standard day and time. These trend meetings will encompass focused and informal discussions concerning scope, schedule, and current progress of Services, relevant cost issues, and future Project objectives. Consultant shall be responsible for the preparation and distribution of meeting agendas to be received by the Commission and other attendees no later than three (3) working days prior to the meeting. 11.3 Progress Reports. As part of its monthly invoice, Consultant shall submit a progress report, in a form determined by the Commission, which will indicate 7 746 the progress achieved during the previous month in relation to the Schedule of Services. Submission of such progress report by Consultant shall be a condition precedent to receipt of payment from the Commission for each monthly invoice submitted. 12. Delay in Performance. 12.1 Excusable Delays. Should Consultant be delayed or prevented from the timely performance of any act or Services required by the terms of the Agreement by reason of acts of God or of the public enemy, acts or omissions of the Commission or other governmental agencies in either their sovereign or contractual capacities, fires, floods, pandemics, epidemics, quarantine restrictions, strikes, freight embargoes or unusually severe weather, performance of such act shall be excused for the period of such delay. 12.2 Written Notice. If Consultant believ- `;,'` is entitled to an extension of time due to conditions set forth in subsection 12.1 sultant shall provide written notice to the Commission within seven (7) working d `"fro le time Consultant knows, or reasonably should have known, that performa of the S ces will be delayed due to such conditions. Failure of Consultant to pr. a su h timel Lice shall constitute a waiver by Consultant of any right to an excus. d- in time of performance. 12.3 Mutual A•reemen Perfor •ce of any Services under this Agreement may be delayed upon mt of the Parties. Upon such agreement, Consultant's Schedule of S- ic: be extended as necessary by the Commission. Consultant shall t rea- ble steps to minimize delay in completion, and additional costs, resultin• om y su extension. 13. Prelimina Rev! or'. II reports, working papers, and similar work products prepared f. is in the course of providing Services under this Agreement shall be . •mitte• • th. ommission's Contract Administrator in draft form, and the Commissi. ay requr revisions of such drafts prior to formal submission and approval. In the even ns a designs are to be developed as part of the Project, final detailed plans and desi• I be contingent upon obtaining environmental clearance as may be required in con ction with Federal funding. In the event that Commission's Contract Administrator, in his or her sole discretion, determines the formally submitted work product to be not in accordance with the standard of care established under this Agreement, Commission's Contract Administrator may require Consultant to revise and resubmit the work at no cost to the Commission. 14. Appearance at Hearings. If and when required by the Commission, Consultant shall render assistance at public hearings or other meetings related to the Project or necessary to the performance of the Services. However, Consultant shall not be required to, and will not, render any decision, interpretation or recommendation regarding questions of a legal nature or which may be construed as constituting a legal opinion. 8 747 15. Opportunity to Cure; Inspection of Work. Commission may provide Consultant an opportunity to cure, at Consultant's expense, all errors and omissions which may be disclosed during Project implementation. Should Consultant fail to make such correction in a timely manner, such correction may be made by the Commission, and the cost thereof charged to Consultant. Consultant shall allow the Commission's Contract Administrator and Caltrans to inspect or review Consultant's work in progress at any reasonable time. 16. Final Acceptance. Upon determination by the Commission that Consultant has satisfactorily completed the Services required under this Agreement and within the term set forth herein the Commission shall give Consultant a written Notice of Final Acceptance. Upon receipt of such notice, Consultant shall incur no further costs hereunder, unless otherwise specified in the Notice of Final Acceptance. Consultant may request issuance of a Notice of Final Acceptance when, in it opinion, it has satisfactorily completed all Services required under the terms of t _"° Agreement. In the event copyrights are permitted under this Agreement, then 1 ;y, :;section with Federal funding, it is hereby acknowledged and agreed that t Uri!". States Department of Transportation shall have the royalty -free no clusive * irrevocable right to reproduce, publish, or otherwise use, and t• thor'. e other ''to use, the work for governmental purposes. 17. Laws and Regulations. C eep itself fully informed of and in compliance with all local, state and fed- ul- ' and regulations in any manner affecting the performance of the Proje th- services, including all Cal/OSHA requirements, and shall give all req �' ed by law. For example, and not by way of limitation, Consultant shall -p it-.,. f full 'nformed of and in compliance with all implementing regulations, d •n pecifications, previous commitments that must be incorporated in - de : _ of the roject, and administrative controls including those of the United -p. ent of Transportation. Compliance with Federal procedures may i R de co -tio of the applicable environmental documents and approved by the Un >;• States epartment of Transportation. For example, and not by way of limitation, a si• • C gorical Exclusion, Finding of No Significant Impact, or published Record of Dec may be required to be approved and/or completed by the United States Department of Transportation. For Consultant shall be liable for all violations of such laws and regulations in connection with Services. If the Consultant performs any work knowing it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 18. Fees and Payment. 18.1 The method of payment for this Agreement will be based on actual cost. Commission shall reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) 9 748 incurred by Consultant in performance of the Services. Consultant shall not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant cost proposal attached hereto as Exhibit "B" and incorporated herein by reference, or any cost proposal included as part of a Task Order ("Cost Proposal") unless additional reimbursement is provided for by written amendment. In no event, shall Consultant be reimbursed for overhead costs at a rate that exceeds Commission's approved overhead rate set forth in the Cost Proposal. To the extent legally permissible, Consultant's approved overhead rate shall be fixed for the term of this Agreement. In the event that Commission determines that a change to the Services from that specified in the Cost Proposal, this Agreement or any Task Order is required, the Agreement time or actual costs reimbursable by Commission shall be adjusted by written amendment to accommodate the changed work. The maximum total cost as specified in Section 18.8 shall not be exceeded, unless authorized by a written amedment. 18.2 Reimbursement for transportatio subsistence costs shall not exceed the rates specified in the approved Cost P . osa '',In addition, payments to Consultant for travel and subsistence expenses, imed for bursement or applied as local match credit shall not exceed rat LL- "auth', ized to e paid exempt non - represented State employees under cur . to Department of Personnel Administration (DPA) rules, unless otherwise a _"sized by Commission. If the rates invoiced are in excess of those aut -• DP ;.tes, and Commission has not otherwise approved said rates, then Con Ita - • sible for the cost difference and any overpayments shall be reimb _, ed to IIF om ssion on demand. 18.3 When Proposal for a Task Order, milestone cost estimat estimate. mates are included in the approved Cost obtain prior written approval for a revised Contract Administrator before exceeding such cost 18.4 ?,ogress yments shall be made monthly in arrears based on Services provided an• owa incurred costs. If Consultant fails to submit the required deliverable items acco to the schedule set forth in the Scope of Services, Commission shall have t e right to delay payment or terminate this Agreement in accordance with the provisions of Section 20, Termination. 18.5 No payment shall be made prior to approval of any Services, nor for any Services performed prior to approval of this Agreement. 18.6 Consultant shall be reimbursed, as promptly as fiscal procedures will permit upon receipt by Commission's Contract Administrator of itemized invoices in triplicate. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall detail the work performed on each milestone and each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this Agreement number and project title. Final invoice must contain the final cost and all credits due Commission including any equipment purchased under the Equipment Purchase 10 749 provisions of this Agreement. The final invoice should be submitted within 60 calendar days after completion of Consultant's work. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 18.7 The total amount payable by Commission, shall not exceed the amount set forth in each Task Order. 18.8 Commission has or will enter into five (5) task order contracts for performance of the Scope of Services identified in Exhibit ", including this Agreement ("On -Call ROW Appraisal Task Order Contracts"). The ;f "'er On -Call ROW Appraisal Task Order Contracts are Hawran & Malm, LL .; -31-009-00; Hennessey & Hennessey, LLC 22-31-026-00; R.P. Laurain & A •cia Inc., 22-31-028-00; and Santolucito Dore Group, Inc., 22-31-029-00. The JL'al amou *ayable by Commission for the On -Call ROW Appraisal Task Order n trac., shall n• 'exceed a cumulative maximum total value of One Million Dollars fi it .101 d 0) ("NTE Sum"). It is understood and agreed that there is no guarantee, either exp ed or implied that this dollar amount will be authorized under the On -Call R rais 7 - sk Order Contracts through Task Orders. Each time a Task Order is aw. - •` _ - a of the On -Call ROW Appraisal Task Order Contracts, Commission must n notification to Consultant and each of the other consultants enteri e • all ROW Appraisal Task Order Contracts. The notice must identify th tal f ds al ated under issued Task Orders, and the remaining unencumbered •u E Sum. Consultant acknowledges and agrees that Commission us' y pay any amount under this Agreement that would exceed the NTE Su t must not enter into a Task Order that exceeds the NTE Sum. 18.9 ► ases shall be reimbursable if the new salary is within the salary range identified i pproved Cost Proposal and is approved by Commission's Contract Administrator. Fo personnel subject to prevailing wage rates as described in the California Labor Code, all salary increases, which are the direct result of changes in the prevailing wage rates are reimbursable. 18.10 Consultant shall not be reimbursed for any expenses unless authorized in writing by the Commission's Contract Administrator. 18.11 All subcontracts in excess of $25,000 shall contain the above provisions. 19. Disputes. 11 750 19.1 Any dispute, other than audit, concerning a question of fact arising under this Agreement that is not disposed of by mutual agreement of the Parties shall be decided by a committee consisting of RCTC's Contract Administrator and the Director of Capital Projects, who may consider written or verbal information submitted by Consultant. 19.2 Not later than 30 days after completion of all Services under this Agreement, Consultant may request review by the Commission's Executive Director of unresolved claims or disputes, other than audit. The request for review will be submitted in writing. 19.3 Neither the pendency of a dispute, nor its consideration by the committee will excuse Consultant from full and timely performance in accordance with the terms of this Agreement. 20. Termination. 20.1 Commission reserves the ri thirty (30) calendar days written notice to Co reasons for termination stated in the notice. a Task Order, at any time, for any or no reason, be specified in the notice of termination,-; _. ask 0 20.2 Commission may to Consultant fail to perform the c herein provided. In the eve Services in any manner de Agreement with Consultant, under this Agreemen the cost of comple such case, the o Agreement and the to term e this Agreement upon tant for an `' ' no reason, with the n may terminate Services under the effective date of termination to greement with Consultant should is h contained at the time and in the manner ter ation, Commission may proceed with the mmission. If Commission terminates this ssiori` ' . II pay Consultant the sum due to Consultant completed and accepted prior to termination, unless exceeds the funds remaining in the Agreement. In e deducted from any sum due Consultant under this y, shall be paid to Consultant upon demand. 20.3 In a•'(`" "on to the above, payment upon termination shall include a prorated amount of profit, if applicable, but no amount shall be paid for anticipated profit on unperformed Services. Consultant shall provide documentation deemed adequate by Commission's Contract Administrator to show the Services actually completed by Consultant prior to the effective date of termination. This Agreement shall terminate on the effective date of the Notice of Termination 20.4 Upon receipt of the written Notice of Termination, Consultant shall discontinue all affected Services as directed in the Notice or as otherwise provided herein, and deliver to the Commission all Documents and Data, as defined in this Agreement, as may have been prepared or accumulated by Consultant in performance of the Services, whether completed or in progress. 20.5 In addition to the above, Consultant shall be liable to the Commission for any reasonable additional costs incurred by the Commission to revise 12 751 work for which the Commission has compensated Consultant under this Agreement, but which the Commission has determined in its sole discretion needs to be revised, in part or whole, to complete the Project because it did not meet the standard of care established in this Agreement. Termination of this Agreement for cause may be considered by the Commission in determining whether to enter into future agreements with Consultant. 20.6 The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 20.7 Consultant, in executing this Agreement, shall be deemed to have waived any and all claims for damages which may otherwise arise from the Commission's termination of this Agreement, for convenience or cause, as provided in this Section. 20.8 Consultant may not terminate this . ement except for cause 20.9 In addition to the terminal F rights .ve, Commission may temporarily suspend the Services under any k Order(s), no additional cost to Commission, provided that Consultant is giv otice of temporary suspension. If Commission gives such notice of temporary s sion, Consultant shall immediately suspend its activities under the releva . sk Or. ). A temporary suspension may be issued concurrent with a notice of to 21. Cost Principles 21.1 Consult Procedures, 48 CFR et seq., shall be us 21.2 accordance with 2 Principles, and Audit Re at the Contract Cost Principles and isition Regulations System, Chapter 1, Part 31.000 cost allowability of individual items. also agrees to comply with federal procedures in rt 200, Uniform Administrative Requirements, Cost ments for Federal Awards. 21.3 Any costs for which payment has been made to CONSULTANT that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Consultant to Commission. 21.4 All subcontracts in excess of $25,000 shall contain the above provisions. 22. Retention of Records/Audit. For the purpose of determining compliance with, as applicable, 2 CFR Part 200, Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Consultant, subconsultants, and Commission shall maintain and make 13 752 available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State or Federal Government shall have access to any books, records, and documents of Consultant and it's certified public accountants (CPA) work papers that are pertinent to this Agreement and, if applicable, indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 23.1 Accounting System. Consultant and its subcontractors shall establish and maintain an accounting system and records t properly accumulate and segregate expenditures by line item for the Services ! he accounting system of Consultant and its subcontractors shall conform to rally Accepted Accounting Principles (GAAP), enable the determination of i ` 'rre•` ' ;•sts at interim points of completion, and provide support for reimburseme►� +ayment hers or invoices. 23. Audit Review Procedures. 23.1 Any dispute conc or post audit of this Agreement that is n by Commission's Chief Financial Officer. 23.2 Not lat Consultant may request a r audit issues. The request for 23.3 Commission shall with the terms of this 24. Subcontracts of fact arising under an interim y agreement, shall be reviewed after issuance of the final audit report, ion's Chief Financial Officer of unresolved will be submitted in writing. dency of a dispute nor its consideration by Itant from full and timely performance, in accordance 24.1 Nothing contained in this Agreement or otherwise, shall create any contractual relation between Commission and any subconsultant(s), and no subcontract shall relieve Consultant of its responsibilities and obligations hereunder. Consultant agrees to be as fully responsible to Commission for the acts and omissions of its subconsultant(s) and of persons either directly or indirectly employed by any of them as it is for the acts and omissions of persons directly employed by Consultant. Consultant's obligation to pay its subconsultant(s) is an independent obligation from Commission's obligation to make payments to the Consultant. 24.2 Consultant shall perform the Services contemplated with resources available within its own organization and no portion of the Services pertinent to this Agreement shall be subcontracted without written authorization by Commission's 14 753 Contract Administrator, except that, which is expressly identified in the approved Cost Proposal. 24.3 Consultant shall pay its subconsultants within ten (10) calendar days from receipt of each payment made to Consultant by Commission. 24.4 Any subcontract in excess of $25,000 entered into as a result of this Agreement shall contain all the provisions stipulated in this Agreement to be applicable to subconsultants. 24.5 Any substitution of subconsultant(s) must be approved in writing by Commission's Contract Administrator prior to the start of work by the subconsultant(s). 24.6 Exhibit "B" may set forth the rates at which each subconsultant shall bill the Consultant for Services and that are subject to reim to Consultant. Additional Direct Costs, as defined in both the Consultant and all subconsultants, unless in a Task Order. The subconsultant rate schedule are for accounting purposes only. 25. Equipment Purchase 25.1 Prior authorizatio Administrator shall be required before C order, or subcontract for suppli - -; :;- • uip evaluation of the necessity or sera _-} ity 25.2 For pur the Cost Proposal and Contract Administr the request for su sement by the Commission bit "B" shall be the same for identified in Exhibit "B" or osals contained herein by Commission's Contract rs into any unbudgeted purchase or services. Consultant shall provide an curring such costs. , service or consulting work not covered in 5,000 prior authorization, in writing, by Commission's ree competitive quotations must be submitted with r th- absence of bidding must be adequately justified. 25.3 A -q ' . ent purchased as a result of this Agreement is subject to the following: Consult hall maintain an inventory of all nonexpendable property. Nonexpendable property is defined as having a useful life of at least two years and an acquisition cost of $5,000 or more. If the purchased equipment needs replacement and is sold or traded in, Commission shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Consultant may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Consultant elects to keep the equipment, fair market value shall be determined at Consultant's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Consultant. If Consultant determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. 15 754 25.4 All subcontracts in excess $25,000 shall contain the above provisions. 26. Labor Code Requirements. 26.1 By its execution of this Agreement, Consultant certifies that it is aware of the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on certain "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. Copies of the prevailing rate of per diem wages are on file at the Com ission's offices. Consultant shall make copies of the prevailing rates of per diem wa• or each craft, classification or type of worker needed to execute the Services ay. a to interested parties upon request, and shall post copies at the Consultant's p ' 'pa -ce of business and at the project site. Consultant shall defend, indemnify hold the ommission, its elected officials, officers, employees and agents free . Karr less fro any claims, liabilities, costs, penalties or interest arising out of any ref •IIeged failure to comply with the Prevailing Wage Laws. 26.2 DIR Registration. 1 es ' e being performed as part of an applicable "public works" or "maintena,, .r• , then pursuant to Labor Code Sections 1725.5 and 1771.1, t _ sult. and all subconsultants must be registered with the Department of Indus Rel ons. ' >.onsultant shall maintain registration for the duration of the Project and uir: of any subconsultants. This Project may also be subject to com•lian`, onitoring and enforcement by the Department of Industrial Relations. b onsultant's sole responsibility to comply with all applicable registr., and la. co ` •liance requirements. 26.3 aw. Pursuant to the provisions of the California Labor Code, eight hours of la constitute a legal day's work, and the time of service of any worker employed on e work shall be limited and restricted to eight hours during any one calendar day, and forty hours in any one calendar week, except when payment for overtime is made at not less than one and one-half the basic rate for all hours worked in excess of eight hours per day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 26.4 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor 16 755 Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or t de in the area of the work hereunder. The parties expressly understand that the ility for compliance with provisions of this Section and with Sections 1777 777.6 a 777.7 of the California Labor Code in regard to all apprenticeable occ nsultant. 27. Ownership of Materials/Confidentia 27.1 Documents & Dat ent creates an exclusive and perpetual license for Commission to copy, s_ , reuse, or sub -license any and all copyrights and designs embodi-' Tans, ,•ecifications, studies, drawings, estimates, materials, data and other doc -nts wor of authorship fixed in any tangible medium of expression, including bu •t li ysical drawings or data magnetically or otherwise recorded on compu ettes, hich are prepared or caused to be prepared by Consultant under tr' -m. ("Documents & Data"). Commission is grante subcontractor prepares hall require all subcontractors to agree in writing that ve and perpetual license for any Documents & Data the is Agreement. Consultant represents and warrants that Consultant has the legal right to grant the exclusive and perpetual license for all such Documents & Data. Consultant makes no such representation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 27.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer 17 756 programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsibl obtain in writing separate written assignments from any subcontractors or agent , .nsultant of any and all right to the above referenced Intellectual Property. S . Id i +sultant, either during or following termination of this Agreement, desire, use any the above -referenced Intellectual Property, it shall first obtain the writ approval of th- ' ommission. All materials and documents ch were developed or prepared by the Consultant for general use prior to t ution . is Agreement and which are not the copyright of any other party or public) va . n. ny other computer applications, shall continue to be the property o e Co nt. •wever, unless otherwise identified and stated prior to execution of ee t, Consultant represents and warrants that it has the right to grant the ex J perp al license for all such Intellectual Property as provided herein. perpetual license otherwise owned b collective, insurrection er is granted by Consultant a non-exclusive and y or sub -license any and all Intellectual Property which is the basis or foundation for any derivative, lemental work created under this Agreement. 27.3 Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents and Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. 18 757 27.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 28. Indemnification. To the fullest extent permitted by law, Consultant shall defend, indemnify and hold Commission, Caltrans and their directors, officials, officers, employees, consultants, volunteers, and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, inverse condemnation, and any claims related to property acquisition and relocation rules or failure to detect or abate hazardous materials, which are brought by a third p ,_: ", and which , in any manner arise out of or are incident to alleged negligent acts, •, •ns, or willful misconduct of Consultant, its officials, officers, employees, agents, ' su s, and contractors arising out of or in connection with the performance the Se -s, the Project or this Agreement, including without limitation the pa '-nt o conseq tial damages, expert witness fees, and attorney's fees and other rela c• and expenses. Consultant shall defend, at Consultant's own cost, expense and any and all such aforesaid suits, actions or other legal proceedings of ev , • that be brought or instituted against Commission, Caltrans, and their direct • • •`` icers, employees, consultants, agents, or volunteers. Consultant all p. : s- fy any judgment, award or decree that may be rendered against ion, altrans or their directors, officials, officers, employees, consultants, ag_ or •lunte. ., in any such suit, action or other legal proceeding. Consultant sh. r ommission, Caltrans and their directors, officials, officers, emplo -, c• Itants, agents, and/or volunteers, for any and all legal expenses and costs, u• re able attorney's fees, incurred by each of them in connection there or in - '•rci "• the indemnity herein provided. Consultant's obligation to indemn e restricted to insurance proceeds, if any, received by Commission, Caltrans • Heir ectors, officials officers, employees, consultants, agents, or volunteers. Notwithst ;' g the foregoing, to the extent Consultant's Services are subject to Civil Code Section 2782.8, the above indemnity shall be limited, to the extent required by Civil Code Section 2782.8, to claims that arise out of, pertain to, or relate to the negligence, recklessness, or willful misconduct of the Consultant. Consultant's obligations as set forth in this Section 28 shall survive expiration or termination of this Agreement. 29. Insurance. 29.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this Section, in a form and with insurance companies acceptable to the Commission. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this Section. 19 758 29.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (a) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance required by the State of California and Employer's Liability Insurance. (b) Minimum Limits of Insura C ultant shall maintain limits no less than: (1) General Liability: $2,000,000 pe ; c currence , bodily injury, personal injury and property damage. If Commercial Ge ,'.I Li. +ility Ins Y`a ce or other form with general aggregate limit is used, either the gen „_ a• -gate limit shall apply separately to this Agreement/location or the general aggr - limit shall be twice the required occurrence limit. Limits may be achiev: ny c. 'ination of primary and excess or umbrella liability insurance; (2) Automo• ,500,000 per accident for bodily injury and property damage. Limits may • e - •y any combination of primary and excess or umbrella liability ins and Workers' Compensation and Employer's Liability: Workers' Compens. •n li as wired by the Labor Code of the State of California. Employer's Prac L of $1,000,000 per accident. 29.3 require its sub -co completion of the profession. For Co $1,000,000 per claim. applicable to this Agreeme t and shall be written on a policy form coverage specifically designed to protect against acts, errors or omissions of the Consultant. "Covered Professional Services" as designated in the policy must specifically include work performed under this Agreement. The policy must "pay on behalf of" the insured and must include a provision establishing the insurer's duty to defend. Subconsultants of Consultant shall obtain such insurance in an amount not less than $1,000,000 per claim. Notwithstanding the foregoing, the Commission may consider written requests to lower or dispense with the errors and omissions liability insurance requirement contained in this Section for certain subconsultants of Consultant, on a case -by -case basis, depending on the nature and scope of the Services to be provided by the subconsultant. Approval of such request shall be in writing, signed by the Commission's Contract Administrator. a bility. Consultant shall procure and maintain, and nd maintain, fora period of five (5) years following and omissions liability insurance appropriate to their uch insurance shall be in an amount not less than surance shall be endorsed to include contractual liability 20 759 29.4 Aircraft Liability Insurance. Prior to conducting any Services requiring use of aircraft, Consultant shall procure and maintain, or cause to be procured and maintained, aircraft liability insurance or equivalent form, with a single limit as shall be required by the Commission. Such insurance shall include coverage for owned, hired and non -owned aircraft and passengers, and shall name, or be endorsed to name, the Commission, Caltrans and their directors, officials, officers, employees and agents as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant. 29.5 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: (a) General Liability. (i) Commercial General •ility Insurance must include coverage for (1) bodily Injury and property damage, er :r,.l Injury/advertising Injury; (3) premises/operations liability; (4) products/comp -d operas liability; (5) aggregate limits that apply per Project; (6) explosion, coll rve a d underb .und (UCX) exclusion deleted; (7) contractual liability with respect t• ^'s ement; (8) broad form property damage; and (9) independent consultants cover (ii) The p limiting coverage for (1) contractual liabilit by one insured against anothe Agreement. officials, officers, empl 10 10 01 and 20 37 no endorsements or provisions ability exclusion for claims or suits ain any other exclusion contrary to this e p: shall give the Commission, its directors, ents insured status using ISO endorsement forms 20 ents providing the exact same coverage. The additional insured coverage under the policy shall be "primary and non -co . " and will not seek contribution from the Commission's or Caltrans' insurance or -insurance and shall be at least as broad as CG 20 01 04 13, or endorsements providing the exact same coverage. (b) Automobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, Caltrans and their directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, Caltrans and their directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, Caltrans and their directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. 21 760 (c) Workers' Compensation and Employers Liability Coverage. (i) Consultant certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. (d) All Coverages. (i) Defense costs shall b :'yable in addition to the limits set forth hereunder. (ii) Requirements specific cov •e or limits contained in this Section are not intended as a limitation cov- .ge, limits, or other requirement, or a waiver of any coverage normally provided b surance. It shall be a requirement under this Agreement that any available ' urance • eeds broader than or in excess of the specified minimum insurance cove . - ire is and/or limits set forth herein shall be available to the Commission, their directors, officials, officers, employees and agents as addi ' ins . under said policies. Furthermore, the requirements for coverage a► imi sha •e (1) the minimum coverage and limits specified in this Agreement; 2) t - -•e overage and maximum limits of coverage of any insurance policy or pro ' .vat . • - to the named insured; whichever is greater. be satisfied by a c or excess insurance coverage shall also app Commission (if agreed to own insurance or self-insurance shall be called upon to protect it as a named insured. The umbrella/excess policy shall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). limits of insurance required in this Agreement may rimary and umbrella or excess insurance. Any umbrella in or be endorsed to contain a provision that such primary and non-contributory basis for the benefit of the a written contract or agreement) before the Commission's (iv) Consultant shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Consultant shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Consultant shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. 22 761 (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Consultant shall maintain such coverage continuously for a period of at least three years after the completion of the work under this Agreement. Consultant shall purchase a one (1) year extended reporting period A) if the retroactive date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during tr "ife of the Agreement, any policy of insurance required under this Agreemen -s not comply with these specifications or is canceled and not replaced, Comm m " ion the right but not the duty to obtain the insurance it deems necessary, and q ', premiu . id by Commission will be promptly reimbursed by Consultant or Com ► ' ion , i ll withh amounts sufficient to pay premium from Consultant payments. In th- err `'ve, Commission may cancel this Agreement. The Commission may require the C Itant to provide complete copies of all insurance policies in effect for the du :* of the :. •'ect. (viii) Neither : ission nor any of its directors, officials, officers, employees or sh. •e personally responsible for any liability arising under or by virtue of t 29.6 Deductib d Se - surance Retentions. Any deductibles or self - insured retentions de• ed to and approved by the Commission. If the Commission does ductibles or self -insured retentions as presented, Consultant shall g , ntee th- at the option of the Commission, either: (1) the insurer shall reduce or elim su deductibles or self -insured retentions as respects the Commission, its directo ials, officers, employees and agents; or (2) the Consultant shall procure a bond gua nteeing payment of losses and related investigation costs, claims and administrative and defense expense. 29.7 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 29.8 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 23 762 29.9 Subconsultant Insurance Requirements. Consultant shall not allow any subcontractors or subconsultants to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this Section. Policies of commercial general liability insurance provided by such subcontractors or subconsultants shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Consultant, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subconsultants. 29.10 Other Insurance. At its option, the Commission may require such additional coverage(s), limits and/or the reduction of deductibles or retentions it considers reasonable and prudent based upon risk factors that may directly or indirectly impact the Project. In retaining this option Commission d not warrant Consultant's insurance program to be adequate. Consultant sha ' `ave the right to purchase insurance in addition to the insurance required in this . '•n. 30. Safety. Consultant shall execute an. ; aintain it .rk so as to avoid injury or damage to any person or property. In carryi : ;, ut it Service e Consultant shall at all times be in compliance with all applicable �. al, °ate and federal laws, rules and regulations, and shall exercise all necessary pr: t-'tions for the safety of employees appropriate to the nature of the work a - con. t s under which the work is to be performed. Safety precautions as applic e, but shall not be limited to: (A) adequate life protection and life saving - F en nd procedures; (B) instructions in accident prevention for all e s a subcontractors, such as safe walkways, scaffolds, fall protection lade, s, br ges, ng planks, confined space procedures, trenching and shoring, equ ^en safety devices, equipment and wearing apparel as are necessa► .r I. :, 1y required to prevent accidents or injuries; and (C) adequate facilities for In • -r i ection and maintenance of all safety measures. 31. Additi Work y work or activities that are in addition to, or otherwise outside of, the Servi to • : performed pursuant to this Agreement shall only be performed pursuant to a s o- ate agreement between the parties. Notwithstanding the foregoing, the Commission Executive Director may make a change to the Agreement, other than a Cardinal Change. For purposes of this Agreement, a Cardinal Change is a change which is "outside the scope" of the Agreement; in other words, work which should not be regarded as having been fairly and reasonably within the contemplation of the parties when the Agreement was entered into. An example of a change which is not a Cardinal Change would be where, in a contract to construct a building there are many changes in the materials used, but the size and layout of the building remains the same. Cardinal Changes are not within the authority of this provision to order, and shall be processed by the Commission as "sole source" procurements according to applicable law, including the requirements of FTA Circular 4220.1 D, paragraph 9(f). (a) In addition to the changes authorized above, a modification which is signed by Consultant and the Commission's Executive Director, 24 763 other than a Cardinal Change, may be made in order to: (1) make a negotiated equitable adjustment to the Agreement price, delivery schedule and other terms resulting from the issuance of a Change Order, (2) reflect definitive letter contracts, and (3) reflect other agreements of the parties modifying the terms of this Agreement ("Bilateral Contract Modification"). (b) Consultant shall not perform, nor be compensated for any change, without written authorization from the Commission's Executive Director as set forth herein. In the event such a change authorization is not issued and signed by the Commission's Executive Director, Consultant shall not provide such change. 32. Prohibited Interests. 32.1 Solicitation. Consultant maintains a ,.• warrants that it has not employed nor retained any company or person, other tha_ . ^'ona fide employee working solely for Consultant, to solicit or secure this Agreem.; urther, Consultant warrants that it has not paid nor has it agreed to pay any co ny •erson, other than a bona fide employee working solely for Consultant 'ny fee, • .-. mission, percentage, brokerage fee, gift or other consideration conti nt u +n or res ing from the award or making of this Agreement. For breach or viola o s warranty, the Commission shall have the right to rescind this Agreement without lity. 32.2 Consultant Conflict (a) Con relationship with Commissio Agreement. Consultant her financial or business interest t this Agreement. isclose any financial, business, or other e an impact upon the outcome of this oes not now have, nor shall it acquire any ould conflict with the performance of services under bcontract in excess of $25,000 entered into as a result of this Agreement, sh. ontai► :II of the provisions of this Article. 32.3 Com sion Conflict of Interest. For the term of this Agreement, no member, officer or employee of the Commission, during the term of his or her service with the Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 32.4 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 25 764 32.5 Covenant Against Contingent Fees. As required in connection with federal funding, the Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the Consultant, to solicit or secure this Agreement, and that he/she has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or formation of this Agreement. For breach or violation of this warranty, the Commission shall have the right to terminate this Agreement without liability pursuant to the terms herein, or at its discretion to deduct from the Agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee. 32.6 Rebates, Kickbacks or Other Unlawful Consideration. Consultant warrants that this Agreement was not obtained or secured other unlawful consideration, either promised or paid to breach or violation of this warranty, Commission shall terminate this Agreement without liability; to pay o , I '' or performed; or to deduct from the Agreement pric_-; . • r othe of such rebate, kickback or other unlawful con ough rebates kickbacks or Commission employee. For the right in its discretion; to t alue of the work actually rwi ecover the full amount 32.7 Covenant Against Expends of Commission, State or Federal Funds for Lobbying. The Consultant c- that e best of his/ her knowledge and belief no state, federal or local agency as o• • fu `:a s have been paid, or will be paid by or on behalf of the Consultant to rs• or the purpose of influencing or attempting to influence an offic- plo of any state or federal agency; a Member of the State Legislature or ited `.tates ongress; an officer or employee of the Legislature or Congress; or e► a Member of the Legislature or Congress, in connection with the a d o state or federal contract, grant, loan, or cooperative agreement, or the e o " ation, renewal, amendment, or modification of any state or federal c• , 'act, gran' oa • r cooperative agreement. (a If . funds other than federal appropriated funds have been paid, or will be paid to an n for the purpose of influencing or attempting to influence an officer or employee of ny federal agency; a Member of Congress; an officer or employee of Congress, or an employee of a Member of Congress; in connection with this Agreement, the Consultant shall complete and submit the attached Exhibit "F", Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with the attached instructions. (b) The Consultant's certification provided in this Section is a material representation of fact upon which reliance was placed when this Agreement was entered into, and is a prerequisite for entering into this Agreement pursuant to Section 1352, Title 31, US. Code. Failure to comply with the restrictions on expenditures, or the disclosure and certification requirements set forth in Section 1352, Title 31, US. Code may result in a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. 26 765 (c) The Consultant also agrees by signing this Agreement that he/she shall require that the language set forth in this Section 3.23.7 be included in all Consultant subcontracts which exceed $100,000, and that all such subcontractors shall certify and disclose accordingly. 32.8 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 33. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be li ited to, all activities related to initial employment, upgrading, demotion, transfer ecruitment or recruitment advertising, layoff or termination. 34. Right to Employ Other Consultant ommis reserves the right to employ other consultants in connection with the ject 35. Governing Law. This Agreement sh e governed by and construed with the laws of the State of California. Venue shall be in Riverside County. 36. Disputes; Attorneys' Fees. 36.1 Prior to commencing anjaction hereunder, the Parties shall attempt in good faith to resolve any dispute arising between them. The pendency of a dispute shall not excuse Consultant from full and timely performance of the Services. 36.2. If the Parties are unable to resolve a dispute after attempting in good faith to do so, the Parties may seek any other available remedy to resolve the dispute. If either Party commences an action against the other Party, either legal, administrative or otherwise, arising out of or in connection with this Agreement, the prevailing Party in such litigation shall be entitled to have and recover from the losing Party reasonable attorneys' fees and, all other costs of such actions. 37. Time of Essence. Time is of the essence for each and every provision of this Agreement. 38. Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 39. Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 27 766 CONSULTANT: Integra Realty Resources — Los Angeles 16030 Ventura Boulevard, Suite 620 Encino, CA 91436-4473 Attn: Beth B. Finestone COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. mail, first class postage prepaid, and addressed to the Party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 40. Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 41. Amendment or Modification. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 42. Entire Agreement. This Aceement contains the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior negotiations, agreements or understandings. 43. Invalidity; Sev bilit y pBftion of this Agreement is declared invalid, illegal, or otherwise unenforceableby a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 44. Provisions Applicable When State Funds or Federal Funds Are Involved. When funding for the Services under a Task Order is provided, in whole or in part, from FHWA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "C" (FHWA/Caltrans requirements) attached hereto and incorporated herein by reference. When funding for the Services under a Task Order is provided, in whole or in part, from the FTA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "D" (FTA Requirements) attached hereto and incorporated herein by reference. 45. Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not limited to, the indemnification and confidentiality obligations, shall survive any such expiration or termination. 46. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 28 767 47. Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 48. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 49. Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall coope ate with the Commission in responding to the subpoena or court order. 50. Assignment or Transfer. Consultant all assign, hypothecate, or transfer, either directly or by operation of law, t Agreem or any interest herein, without the prior written consent of the Commi n. y atte ;e to do so shall be null and void, and any assignees, hypothecates or shall acquire no right or interest by reason of such attempted assignment, hypoth.. on or transfer. 51. Successors and Assigns. successors and assigns of the parties, a the prior written consent of Co ent shall be binding on the e assigned by Consultant without 52. Incorporation itals set forth above are true and correct and are incorporated into this 53. No W compliance with a waiver of such term, rights or powers hereu relinquishment of such oth ment a though fully set forth herein. mmission to insist on any one occasion upon strict covenants or conditions hereof shall not be deemed a condition, nor shall any waiver or relinquishment of any any one time or more times be deemed a waiver or right or power at any other time or times. 54. Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. [Signatures on following page] 29 768 SIGNATURE PAGE TO PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING/ASSISTANCE IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Anne Mayer Executive Director Approved as to Form: By: Best, Best & Krieger General Counsel Its: CONSULTANT INTEGRA REALTY RESOURCES — LOS ANGELES * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 30 769 EXHIBIT A SCOPE OF SERVICES The Riverside County Transportation Commission (Commission) is seeking one or more Consultants (Consultant or Appraiser) to provide right of way appraisal services for developed or undeveloped residential, commercial, industrial, agricultural and railroad properties. Consultant shall produce appraisal reports for full or partial acquisitions, easements, temporary construction easements, leased or licensed properties, and sale or disposition of excess/surplus properties, as required by the Commission. Services shall be provided on an on-call/as reeded basis in support of current and future Commission Projects, Measure A ''' ejects and projects done in partnership with other agencies, pursuant to Task Or sued in the sole discretion of the Commission. Task Orders shall be awarded through a ,dditi• .I qualify ation-based selection process. Such appraisal services may includ re ns imited to, the following work program and/or comply with applicable ► .elow: 1. Consultant shall prepare appraisals in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended, and implemented by 49 CFR Part 24; the State of California Government Code, the State of California Relocation Assistance and Real Property Acquisition Guidelines (Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.), the California Code of Civil Procedure, the Uniform Standards of Professional Appraisal Practice (USPAP), and in some cases, the Uniform Appraisal Standards for Federal Land Acquisition Act. Consultant must be licensed by the State of California. 2. Consultant shall prepare appraisals in accordance with the Uniform Appraisal Standards for Federal Land Acquisition ("Yellow Book"). Consultant must be licensed by the State of California. 3. Consultant must be qualified to provide expert witness testimony and defend the opinions or conclusions reached in the appraisal at any Administrative or Judicial proceeding. 4. Deliverables shall typically consist of three (3) originals of the completed appraisal report and one (1) electronic copy, specialty reports and component valuations which may be performed by someone other than Consultant and incorporated into the overall fair market valuation. Exhibit A 770 5. Consultant may be required to meet with and coordinate their efforts with Commission staff, Commission legal counsel, and other consultants or Caltrans staff; participate in office or project site meetings. 6. Appraisal reports may be reviewed for acceptance and approval by Commission's review appraisers and Caltrans. Revisions may be required by reason of this review process. Consultants may be requested to complete and deliver revised and/or updated appraisals. In the event of non -acceptance due to errors or omissions, Consultant shall have fifteen (15) calendar days to make corrections and return the revised appraisals to the review appraiser. 7. For proposed acquisitions, the owner of the real property or a designated representative will be invited by the Appraiser to .:.company the Appraiser during the inspection of the property. This invit. u= must be in the form of a letter entitled "Notice to Appraise" written ;�;�%� Appraiser to the owner. A copy of the invitation will be included in app al report. 8. It is the Appraiser's responsibility engineers for discussion and/or cla Manner Proposed. This is critical in the easements where the Apprais engineering information to comp 9. The highest and best determined and su and best use of th supported. If t based, the that the p use and the the C mmission's project of the Construction in the aisal of partial acquisitions and oss sections or other project operty in the before condition must be I acquisition is involved, the highest after condition must be determined and use is not the premise on which the valuation is tain an explanation justifying the determination and adaptable for a different highest and best for that use in the market. 10. Where the acqui '` ''. involves only a part (or portion) of the property, the Appraiser win estimate any severance damages and special benefits to the remainder, including reasoning and market data to support the opinion or conclusion. The Appraiser will indicate if the remainder constitutes an economic or uneconomic unit in the market and/or to the present owner. 11. The California Eminent Domain Law will be followed in partial acquisitions. Special benefits are to be offset only against damages to the remainder in accordance with the law. 12. Appraisal for easement acquisitions will reflect the restrictive elements of the easement to be acquired and the potential effect of such elements on the utility of the property considering its highest and best use. Full details with respect to any interference with the highest and best use of the property affected must be explained and supported. Exhibit A 771 13. The Appraiser must estimate and support the economic rent, state the contract rent and the remaining term of the lease as of the date of value. Lessor and lessee responsibilities for paying major expenses, e.g., taxes, insurance and maintenance shall be included. 14. Appraiser shall itemize in detail the "improvements pertaining to realty" (Eminent Domain Law-CCP Section 1263.205) showing their replacement cost new, depreciated value in place, salvage value if any, and relocation estimate. To the extent possible, determine the ownership claims of the Improvements Pertaining to the Realty. 15. In cases where the Appraisal Assignment requ (Furniture, Fixtures, Machinery and Equipmen (title, survey, soils, engineering), Appraise Commission's On -Call Consultants for suc prior approval for any others. Fees Consultants for Specialty Appraisal directly by the Commission. es a Specialty Appraisal nd/or Specialists Reports II utilize the services of or obtain Commission's y mmission's On -Call alist`' . eports shall be paid 16. It is the Appraiser's responsibility to thoroughly review the Specialty Appraisal for adoption (with adjustments or not, as appropriate) and inclusion in the overall appraisal. The estimated values that the specialty items contribute to the overall value of the real estate will be separately stated but included in the total value of the property. 17. If any legal iss request leg legal cou 18. It is the Appra if necessary, for property. during the appraisal assignment, Appraiser shall al opinions shall be rendered by Commission's onsibility to contact the Commission's legal counsel, ssion and/or clarification in identifying personal or real 19. If hazardous waste is discovered on the property, Appraiser shall seek further direction from the Commission. Exhibit A 772 EXHIBIT "B" COMPENSATION SUMMARY FIRM PROJECT TASKS/ROLE COST Prime Consultant: Integra Realty Resources - Los Angeles Right of Way Appraisal Services $ 1,000,000.00 Sub Consultants: TOTAL TS d. 1,000,000.00 1 Commission authorization pertains to total contract award amo the maximum total compensation authorized may not be exceede stments between consultants may occur; however, 773 EXHIBIT "C" FEDERAL DEPARTMENT OF TRANSPORTATION FHWA AND CALTRANS REQUIREMENTS 1. NONDISCRIMINATION & STATEMENT OF COMPLIANCE. A. Consultant's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that CONSULTANT has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. B. During the performance of this Agreement, Consultant and its subconsultants shall not deny the Agreement's benefits to any person on the b is of race, religious creed, color, national origin, ancestry, physical disability, men genetic information, marital status, sex, gender, gende sexual orientation, or military and veteran status, n harass, or allow harassment against any employ of race, religious creed, color, national on •'`' anc disability, medical condition, genetic informati identity, gender expression, age, sexual orient Consultant and its subconsultants shall employees and applicants for employ harassment. C. Consultant and its s Employment and Housing A promulgated thereunde 11139.5, and any re article. The applic implementing Gov. into this Agreement by hall r applican isability, medical condition, ty, gender expression, age, unlawfully discriminate, employment because try, phy ical disability, mental ital status, sex, gender, gender , or military and veteran status. valuation and treatment of their from such discrimination and I comply with the provisions of the Fair 12990 et seq.), the applicable regulations 000 et seq.), the provisions of Gov. Code §§11135- dards adopted by Commission to implement such the Fair Employment and Housing Commission (a -f), set forth 2 CCR §§8100-8504, are incorporated and made a part hereof as if set forth in full. D. Consultant shall permit access by representatives of the Department of Fair Employment and Housing and the Commission upon reasonable notice at any time during the normal business hours, but in no case less than twenty-four (24) hours' notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Commission shall require to ascertain compliance with this clause. E. Consultant and its subconsultants shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. F. If this Agreement is federally funded, the Consultant shall comply with regulations relative to Title VI (nondiscrimination in federally -assisted programs of the Department of Transportation — Title 49 Code of Federal Regulations, Part 21 - Effectuation of Title VI Exhibit C-1 17336.00023\34328429.1 774 of the 1964 Civil Rights Act). Title VI provides that the recipients of federal assistance will implement and maintain a policy of nondiscrimination in which no person in the state of California shall, on the basis of race, color, national origin, religion, sex, age, disability, be excluded from participation in, denied the benefits of or subject to discrimination under any program or activity by the recipients of federal assistance or their assignees and successors in interest. G. If this Agreement is federally funded, Consultant shall comply with regulations relative to non-discrimination in federally -assisted programs of the U.S. Department of Transportation (49 CFR Part 21 - Effectuation of Title VI of the Civil Rights Act of 1964). Specifically, the Consultant shall not participate either directly or indirectly in the discrimination prohibited by 49 CFR §21.5, including employment practices and the selection and retention of subconsultants. H. Consultant and its subconsultants will never exclude a._; person from participation in, deny any person the benefits of, or otherwise discriminate •ainst anyone in connection with the award and performance of any contract co,, d b CFR 26 on the basis of race, color, sex, or national origin. In administers t i he Com on components of the DBE Program plan, Consultant and its sub suit will n•`'; directly, or through contractual or other arrangements, use criteria effect of defeating or substantially impairing acco Program plan with respect to individuals ds of administration that have the hment of the objectives of the DBE ce, color, sex, or national origin. I. Consultant shall include the ' • disc 1', tion nd compliance provisions of this section in all subcontracts to p- :�1�11r, ' ork • er this Agreement. 2. DEBARMENT AND SUS FICATION CONSULTANT's si perjury under the Title 2 CFR, Part 1 and Suspension (nonp therewith in the capacity under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency; has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have a proposed debarment pending; and has not been indicted, convicted, or had a civil judgment rendered against it by a court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years. Any exceptions to this certification must be disclosed to COMMISSION. ein, shall constitute a certification under penalty of o California, that CONSULTANT has complied with idelines to Agencies on Government wide Debarment t)", which certifies that he/she or any person associated ner, partner, director, officer, or manager, is not currently B. Exceptions will not necessarily result in denial of recommendation for award, but will be considered in determining CONSULTANT responsibility. Disclosures must indicate to whom exceptions apply, initiating agency, and dates of action. Exhibit C-2 17336.00023\34328429.1 775 C. Exceptions to the Federal Government Excluded Parties List System maintained by the General Services Administration are to be determined by the Federal highway Administration. 3. DISCRIMINATION; CONTRACT ASSURANCE The Commission shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any DOT -assisted contract or in the implementation of the Caltrans DBE program or the requirements of 49 CFR Part 26. The Commission shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of DOT -assisted contracts. Consultant or subcontractor shall not discriminate on the basis of race, color, national origin, of sex in the performance of this Agreement. Con tant or subcontractor shall carry out applicable requirements of 49 CFR Part 26 an R' ='e Caltrans DBE program in the award and administration of DOT -assisted cont ;,.as further set forth below. Failure by the Consultant or subcontractor to carry thes quirements is a material breach of this Agreement, which may result in th; 1 rmination . is Agreement or such other remedy, as the Commission deems appr• late. Failure by the Consultant to carry out these req contract, which may result in the termin. ,` ? this c recipient deems appropriate, which may (1) Withholding monthly progre (2) Assessing sanctions; (3) Liquidated damages; an (4) Disqualifying Consu ments is a material breach of this act or such other remedy as the s of limited to: %l Jure proposing as non -responsible Consultant or subcons► , t .II pay to any subconsultant, not later than fifteen (15) days after receipt of each egress payment, unless otherwise agreed to in writing, the respective amounts allowed Consultant on account of the work performed by the subconsultants, to the extent of each subconsultant's interest therein. In the event that there is a good faith dispute over all or any portion of the amount due on a progress payment from Consultant or subconsultant to a subconsultant, Consultant or subconsultant may withhold no more than 150 percent of the disputed amount. Any violation of this requirement shall constitute a cause for disciplinary action and shall subject the Consultant or subconsultant to a penalty, payable to the applicable subconsultant, of 2 percent of the amount due per month for every month that payment is not made. In any action for the collection of funds wrongfully withheld, the prevailing party shall be entitled to his or her attorney's fees and costs. The sanctions authorized under this Exhibit C-3 17336.00023\34328429.1 776 requirement shall be separate from, and in addition to, all other remedies, either civil, administrative, or criminal. This clause applies to both DBE and non -DBE subconsultants. 5. RELEASE OF RETAINAGE No retainage will be held by the Commission from progress payments due to Consultant. Consultant and subconsultants are prohibited from holding retainage from subconsultants. Any delay or postponement of payment may take place only for good cause and with the Commission's prior written approval. Any violation of these provisions shall subject Consultant or the violating subconsultant to the penalties, sanctions, and other remedies specified in Section 3321 of the California Civil Code. This requirement shall not be construed to limit or impair any contractual, administrative or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consulta, deficient subconsultant performance and/or noncompliance by a subconsultant. T r`` clause applies to both DBE and non -DBE subconsultants. 6. LEGAL REMEDIES In addition to those contract remedies set forth under relevant provisions of California law, either Party to this Agreement may, where applicable, seek legal redress for violations of this Agreement pursuant to the relevant provisions of 49 C.F.R. Parts 23 and 26, to the relevant federal or state statutory provisions governing civil rights violations, and to the relevant federal and state provisions governing false claims or "whistleblower" actions, as well as any and all other applicable federal and state provisions of law. The Consultant shall include a provision to this effect in each of its agreements with its subcontractors. 7. DBE PARTICIPATION Caltrans has developed a statewide DBE program pursuant to 49 C.F.R. Part 26. The requirements and procedures, as applicable, of the Caltrans DBE program are hereby incorporated by reference into this Agreement. Even if no DBE participation will be reported, Consultant shall complete any Caltrans required DBE reporting forms, as provided by the Commission, in compliance with the Caltrans DBE program, and a final utilization report in the form provided by the Commission. A. This Agreement is subject to Title 49, Part 26 of the Code of Federal Regulations entitled "Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs." Consultants who enter into a federally - funded agreement will assist the Commission in a good faith effort to achieve California's statewide overall DBE goal. B. This Agreement does not have a DBE goal, but DBE goals may be included as part of each Task Order request for proposals. Participation by DBE Consultant or Exhibit C-4 17336.00023\34328429.1 777 subconsultants for an FHWA funded Task Order shall be in accordance with the information contained in the Consultant Contract DBE Commitment form (Caltrans LAPM Forms Exhibit 10-01) to be submitted with the relevant Task Order proposal. If a DBE subconsultant is unable to perform, the Consultant must make a good faith effort to replace him/her with another DBE subconsultant, if the goal is not otherwise met. A DBE is a firm meeting the definition of a DBE as specified in 49 CFR. C. All DBE participation will count toward the Caltrans federally mandated statewide overall DBE goal. Credit for materials or supplies Consultant purchases from DBEs counts towards the goal in the following manner: • 100 percent counts if the materials or supplies are obtained from a DBE manufacturer. • 60 percent counts if the materials or supplies are chased from a DBE regular dealer. • Only fees, commissions, and charges for istan• in the procurement and delivery of materials or supplies count if obt from ' BE that is neither a manufacturer nor regular dealer. 49 CFR 2• def'° -s "man+"'acturer" and "regular dealer." D. DBE and other small businesse• as • ed in Title 49 CFR, Part 26 are encouraged to participate in the perform: - • - ents financed in whole or in part with federal funds. The Consulta ubre t or ubconsultant shall not discriminate on the basis of race, color, nat . ',• in, • sex in the performance of this Agreement. The Consultant shall carry o r"'.ppli le re• 'rements of 49 CFR, Part 26 in the award and administration of US D• -ements. Failure by the contractor to carry out these requirements ;r a `' .I breach of this Agreement, which may result in the termination of this A other remedy as the Commission, Caltrans or the Department of Tra ortation . -ms appropriate. E. Any subcontract er-- nto as a result of this Agreement shall contain all of the provisions of this section. F. A DBE may be terminated only as further set forth in Section 13 below. 8. DBE PARTICIPATION GENERAL INFORMATION It is Consultant's responsibility to be fully informed regarding the requirements of 49 CFR, Part 26, and the Caltrans DBE program. Particular attention is directed to the following: A. A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime contractor, subcontractor, joint venture partner, as a vendor of material or supplies, or as a trucking company. Exhibit C-5 17336.00023\34328429.1 778 C. A DBE joint -venture partner must be responsible for specific contract items of work or clearly defined portions thereof. Responsibility means actually performing, managing and supervising the work with its own forces. The DBE joint venture partner must share in the capital contribution, control, management, risks and profits of the joint -venture commensurate with its ownership interest. D. A DBE must perform a commercially useful function, pursuant to 49 CFR 26.55 that is, must be responsible for the execution of a distinct element of the work and must carry out its responsibility by actually performing, managing and supervising the work, as more fully described in section 9 below. E. The Consultant shall list only one subcontractor for each portion of work as defined in the Consultant's bid/proposal and all DBE subcontrac-, s should be listed in the Consultant's bid/cost proposal list of subcontractors. F. A Consultant who is a certified DBE is ell Agreement toward the DBE participation except by non -DBE subcontractors. to , all of the work in the portion o work to be performed G. Consultant shall notify the Commission's tract administrator or designated representative of any changes to its a ,, -d D:i °:.articipation prior to starting the affected work. 9 . COMMERCIALLY USE A. A DBE performs a co of the work of the Agree managing, and supe the DBE must als Agreement, for nego and installing (where a a DBE is performing a subcontracted, industry practices; whether the amount the firm is to be paid under the Agreement is commensurate with the work it is actually performing, and other relevant factors. unction when it is responsible for execution carrying out its responsibilities by actually performing, volved. To perform a commercially useful function, ith respect to materials and supplies used on the determining quality and quantity, ordering the material, and paying for the material itself. To determine whether mercially useful function, evaluate the amount of work B. A DBE does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, Agreement, or project through which funds are passed in order to obtain the appearance of DBE participation. In determining whether a DBE is such an extra participant, examine similar transactions, particularly those in which DBEs do not participate. C. If a DBE does not perform or exercise responsibility for at least thirty percent of the total cost of its Agreement with its own work force, or the DBE subcontracts a greater portion of the work of the Agreement than would be expected on the basis of normal Exhibit C-6 17336.00023\34328429.1 779 industry practice for the type of work involved, it will be presumed that it is not performing a commercially useful function. 10. DBE CERTIFICATION AND DE -CERTIFICATION STATUS If a DBE subcontractor is decertified before completing its work, the decertified subcontractor shall notify the Contractor in writing with the date of de -certification. If a subcontractor becomes a certified DBE during the life of the Agreement, the subcontractor shall notify the Contractor in writing with the date of certification. Any changes should be reported to the Commission's Contract Administrator within 30 days. 11. DBE RECORDS A. The Contractor shall maintain records of materials all subcontracts entered into with certified DBEs. The business address of each DBE subconsultant, DBE and the total dollar amount actually paid each b shall show the date of payment and the total Contractors shall also show the date of work pe corresponding dollar value of the work. chased and/or supplied from s shall show the name and dor, d DBE trucking company ess rega '•" ` s of tier. The records fi re paid `'• all firms. DBE prime y their own forces along with the In addition to all other requirements, Con to c•' plete and submit, on a monthly basis, the Monthly DBE Payment • (C. Ex •it 9-F of Chapter 9 of the LAPM). B. Upon completion of t and submitted on the most c Disadvantaged Busine the LAPM), certifi representative an the final invoice. Fai will result in the Commi will be returned to the mmary of these records shall be prepared e form entitled, "Final Report -Utilization of (DBE)," CEM- 2402F (Exhibit 17-F in Chapter 17 of he Contractor or the Contractor's authorized to the Commission's Contract Administrator with e the summary of DBE payments with the final invoice holding $10,000 until the form is submitted. This amount tractor when a satisfactory "Final Report Utilization of Disadvantaged Business Enterprises (DBE)" is submitted to the Commission's Contract Administrator. a. Prior to the fifteenth of each month, the Contractor shall submit documentation to the Commission's Contract Administrator showing the amount paid to DBE trucking companies. The Contractor shall also obtain and submit documentation to the Commission's Contract Administrator showing the amount paid by DBE trucking companies to all firms, including owner -operators, for the leasing of trucks. If the DBE leases trucks from a non -DBE, the Contractor may count only the fee or commission the DBE receives as a result of the lease arrangement. b. The Contractor shall also submit to the Commission's Contract Administrator documentation showing the truck number, name of owner, California Highway Patrol CA Exhibit C-7 17336.00023\34328429.1 780 number, and if applicable, the DBE certification number of the truck owner for all trucks used during that month. This documentation shall be submitted on the Caltrans "Monthly DBE Trucking Verification," CEM-2404(F) form provided to the Contractor by the Commission's Contract Administrator. 12. REPORTING MATERIAL OR SUPPLIES PURCHASED FROM DBEs When Reporting DBE Participation, Material or Supplies purchased from DBEs may count as follows: A. If the materials or supplies are obtained from a DBE manufacturer, 100 % of the cost of the materials or supplies will count toward the DBE participation. A DBE manufacturer is a firm that operates or maintains a factory or establishment that produces on the premises, the materials, supplies, articles, or equipment required under the Agreement and of the general character described by the specifications. B. If the materials or supplies purchased from a DBE regular dealer, count 60 % of the cost of the materials or supplies toward DBE goals. A DBE regular dealer is a firm that owns, operates or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the Agreement, are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a DBE regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a DBE regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone or asphalt without owning, operating or maintaining a place of business provided in this section. C. If the person both owns and operates distribution equipment for the products, any supplementing of regular dealers' own distribution equipment, shall be by a long-term lease agreement and not an ad hoc or Agreement -by -Agreement basis. Packagers, brokers, manufacturers' representatives, or other persons who arrange or expedite transactions are not DBE regular dealers within the meaning of this section. D. Materials or supplies purchased from a DBE, which is neither a manufacturer nor a regular dealer, will be limited to the entire amount of fees or commissions charged for assistance in the procurement of the materials and supplies, or fees or transportation charges for the delivery of materials or supplies required on the job site, provided the fees are reasonable and not excessive as compared with fees charged for similar services. 13. TERMINATION AND SUBSTITUTION OF DBE SUBCONSULTANTS Consultant shall utilize the specific DBEs listed to perform the work and supply the materials for which each is listed unless Consultant or DBE subconsultant obtains the Commission's written consent. Consultant shall not terminate or substitute a listed DBE for convenience and perform the work with their own forces or obtain materials from other Exhibit C-8 17336.00023\34328429.1 781 sources without authorization from the Commission. Unless the Commission's consent is provided, the Consultant shall not be entitled to any payment for work or material unless it is performed or supplied by the listed DBE on the attached Consultant Contract DBE Commitment form. The Commission authorizes a request to use other forces or sources of materials if Consultant shows any of the following justifications: 1. Listed DBE fails or refuses to execute a written contract based on plans and specifications for the project. 2. The Commission stipulated that a bond is a condition of executing the subcontract and the listed DBE fails to meet the Commission's bond requirements. 3. Work requires a consultant's license and liste•; ! BE does not have a valid license under Contractors License Law. 4. Listed DBE fails or refuses to perform the furnish the listed materials (failing or refusing to perform is not an abl= ' -ason to remove a DBE if the failure or refusal is a result of bad, h or discr ration). 5. Listed DBE's work is unsatisfacto d no compli ce with the contract. 6. Listed DBE is ineligible to work o oject because of suspension or debarment. 7. Listed DBE becomes bankr 8. Listed DBE voluntarily withdr.; • . ` t notice from the Agreement. 9. Listed DBE is ineligibl- :• rece '- edit .r the type of work required. 10. Listed DBE owner r be, mes disabled resulting in the inability to perform the wor 11. The Commission r documented good cause. Consultant shall no sources and provi and advise Consulta sources of materials sh BE of the intent to use other forces or material rovide the DBE with 5 days to respond to the notice mmission of the reasons why the use of other forces or ccur. Consultant's request to use other forces or material sources must include: 1. One or more of the reasons listed in the preceding paragraph. 2. Notices from Consultant to the DBE regarding the request. 3. Notices from the DBEs to Consultant regarding the request. If a listed DBE is terminated or substituted, Consultant must make good faith efforts to find another DBE to substitute for the original DBE. The substitute DBE must perform at least the same amount of work as the original DBE under the contract to the extent needed to meet or exceed the DBE goal. 14. DEBARMENT, SUSPENSION AND OTHER INELIGIBILITY AND VOLUNTARY EXCLUSION Exhibit C-9 17336.00023\34328429.1 782 In accordance with 49 CFR Part 29, which by this reference is incorporated herein, Consultant's subconsultants completed and submitted the Certificate of subconsultant Regarding Debarment, Suspension and Other Ineligibility and Voluntary Exclusion as part of the Consultant's proposal. If it is later determined that Consultant's subconsultants knowingly rendered an erroneous Certificate, the Commission may, among other remedies, terminate this Agreement. 15. ENVIRONMENTAL COMPLIANCE A. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000). B. Mandatory standards and policies relating to energ ncy which are contained in the state energy conservation plan issued in cones nce ; ', the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871). 16. NATIONAL LABOR RELATIONS BOARD C In accordance with Public Contract Code Consultant certifies under penalt perj finding of contempt of court by the immediately preceding t an order of a federal court th Labor Relations Board. 17. FUNDING REQ It is mutually understoo n the Parties that this Agreement may have been written before ascertaining the ability of funds or appropriation of funds, for the mutual benefit of both Parties, in order to avoid program and fiscal delays that would occur if the Agreement were executed after that determination was made. 915, and by signing this Agreement, at n. more than one final unappealable has been issued against Consultant within ause of Consultant's failure to comply with ant to comply with an order of the National This Agreement is valid and enforceable only if sufficient funds are made available to Commission for the purpose of this Agreement. In addition, this Agreement is subject to any additional restrictions, limitations, conditions, or any statute enacted by the Congress, State Legislature, or Commission governing board that may affect the provisions, terms, or funding of this Agreement in any manner. It is mutually agreed that if sufficient funds are not appropriated, this Agreement may be amended to reflect any reduction in funds. Exhibit C-10 17336.00023\34328429.1 783 EXHIBIT D FTA FUNDING REQUIREMENTS (Non-construction/maintenance work) As used herein, "RCTC" shall have the same meaning as the "Commission." The term "contract" or "Contract" shall have the same meaning as the "Agreement." 1. No Obligation by the Federal Government a. RCTC and Consultant acknowledge and agree that, notwithstanding any concurrence by the Federal Government in or approval of the solicitation or award of the underlying contract, absent the express written consent by the Federal Government, the Federal Government is not a party to this contract and shall not be subject to any obligations or liabilities to the Purchaser, Consultant, or an ether party (whether or not a party to that contract) pertaining to any matter resultin• " .m the underlying contract. b. The Consultant agrees to include the above;;., . use i .ch subcontract financed in whole or in part with Federal assistance provi•. 'by FTA. I urther agreed that the clause shall not be modified, except to identif a su• •nsultan who will be subject to its provisions. 2. Program Fraud and False or Fr• � _ •t St• ents or Related Acts a. The Consultant acknowle pro isions of the Program Fraud Civil Remedies Act of 1986, as en► d, 3 U.S.C. § 3801 et seq. and U.S. DOT regulations, "Program Frau ' 49 C.F.R. Part 31, apply to its actions pertaining to this Project. U. • - • _ .f the underlying contract, the Consultant certifies or affirms th and accuracy of any statement it has made, it makes, it may mak ; .r ca► s e made, pertaining to the underlying contract or the FTA assisted • __'ect for w h t is contract work is being performed. In addition to other penalties that licable, the Consultant further acknowledges that if it makes, or causes to r .e, a false, fictitious, or fraudulent claim, statement, submission, or certificatio e Federal Government reserves the right to impose the penalties of the Program Fraud Civil Remedies Act of 1986 on the Consultant to the extent the Federal Government deems appropriate. b. The Consultant also acknowledges that if it makes, or causes to be made, a false, fictitious, or fraudulent claim, statement, submission, or certification to the Federal Government under a contract connected with a project that is financed in whole or in part with Federal assistance originally awarded by FTA under the authority of 49 U.S.C. § 5307, the Government reserves the right to impose the penalties of 18 U.S.C. § 1001 and 49 U.S.C. § 5307(n)(1) on the Consultant, to the extent the Federal Government deems appropriate. c. The Consultant agrees to include the above two clauses in each subcontract financed in whole or in part with Federal assistance provided by FTA. It is further agreed FTA Requirements- Page 1 784 that the clauses shall not be modified, except to identify the subconsultant who will be subject to the provisions. 3. Access to Records The Consultant agrees to the following access to records requirements: a. To provide RCTC, the FTA Administrator, the Comptroller General of the United States or any of their authorized representatives access to any books, documents, papers and records of the Consultant which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts and transcriptions. Consultant also agrees, pursuant to 49 C. F. R. 633.17 to provide the FTA Administrator or his authorized representatives including any PMO Consultant access to Consultant's records and construction sites pertaining to a major capital oject, defined at 49 U.S.C. 5302(a)1, which is receiving federal financial assis ce through the programs described at 49 U.S.C. 5307, 5309 or 5311. b. To make available in the case of a contra as defined above and awarded by other than pe U.S.C. 5325(a), records related to the Transportation and the Comptroller General or any of them for the purposes of conduct - -udit c. To maintain all books, reco for a period of not less than thr contract, except in the ev performance of this contrac RCTC, the FTA Admin. representatives, ha related thereto. R d. To permit any o to copy excerpts and tran 4. Federal Changes r a capit oject or improvement, ti ' - biddin n accordance with 49 to RCTC, the Secretary of authorized officer or employee of inspection. an• eports required under this contract the date of termination or expiration of this settlement of claims arising from the Consultant agrees to maintain same until Comptroller General, or any of their duly authorized 11 such litigation, appeals, claims or exceptions 1 "•.39(i)(11). oing parties to reproduce by any means whatsoever or bons as reasonably needed. The Consultant shall at all times comply with all applicable FTA regulations, policies, procedures and directives, including without limitation those listed directly or by reference in the Master Agreement between RCTC and FTA, as they may be amended or promulgated from time to time during the term of this contract. Consultant's failure to so comply shall constitute a material breach of this contract. 5. Civil Rights The following requirements apply to the underlying contract: FTA Requirements- Page 2 785 (1) Nondiscrimination - In accordance with Title VI of the Civil Rights Act, as amended, 42 U.S.C. § 2000d, section 303 of the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6102, section 202 of the Americans with Disabilities Act of 1990, 42 U.S.C. § 12132, and Federal transit law at 49 U.S.C. § 5332 and 49 CFR part 21, the Consultant agrees that it will not discriminate against any employee or applicant for employment because of race, color, creed, national origin, sex, age, or disability. In addition, the Consultant agrees to comply with applicable Federal implementing regulations and other implementing requirements FTA may issue. (2) Equal Employment Opportunity - The following equal employment opportunity requirements apply to the underlying contract: (a) Race, Color, Creed, National Origin, Sex - In ac , dance with Title VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, and F .)r=raI transit laws at 49 U.S.C. § 5332, the Consultant agrees to comply with a ' *licable equal employment opportunity requirements of U.S. Department of L. (U IOL) regulations, "Office of Federal Contract Compliance Program , qual ; oyment Opportunity, Department of Labor," 41 C.F.R. Parts 60 et + ., (_ •ich impl ent Executive Order No. 11246, "Equal Employment Opportunity, ended by Executive Order No. 11375, "Amending Executive Order 11246 Relati Equal Employment Opportunity," 42 U.S.C. § 2000e note), and with an able seral statutes, executive orders, regulations, and Federal policies that u` re affect construction activities undertaken in the course of the oject Co sultant agrees to take affirmative action to ensure that applican r- plo •d, and that employees are treated during employment, without regar lor, creed, national origin, sex, or age. Such action shall include, b o :: to, the following: employment, upgrading, demotion or transfer, r e r recruitment advertising, layoff or termination; rates of pay or other s • o nsation; and selection for training, including apprenticeship. In edition, t Co sultant agrees to comply with any implementing requirements FTA m (b) Age - In accor.` e with section 4 of the Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. § § 623, Federal transit law at 49 U.S.C. § 5332, the Equal Employment Opportunity Commission (U.S. EEOC) regulations, "Age Discrimination in Employment Act," 29 C.F.R. part 1625, the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6101 et seq., U.S. Health and Human Services regulations, "Nondiscrimination on the Basis of Age in Programs or Activities Receiving Federal Financial Assistance," 45 C.F.R. part 90, the Consultant agrees to refrain from discrimination against present and prospective employees for reason of age. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (c) Disabilities - In accordance with section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq., the Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., and Federal transit law at 49 U.S.C. § 5332, the Consultant FTA Requirements- Page 3 786 agrees that it will not discriminate against individuals on the basis of disability, and that it will comply with the requirements of U.S. Equal Employment Opportunity Commission, "Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act," 29 C.F.R. Part 1630, pertaining to employment of persons with disabilities. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (3) The Consultant also agrees to include these requirements in each subcontract financed in whole or in part with Federal assistance provided by FTA, modified only if necessary to identify the affected parties. 6. FTA Disadvantaged Business Enterprise (DBE) Requirements A. General DBE Requirements: In accordance with deral financial assistance agreements with the U.S. Department of Transportation S. DOT), Commission has adopted a Disadvantaged Business Enterprise Policy and Program, in conformance with Title 49 CFR Part 26, "Partici* ion isadvantaged Business Enterprises in Department of Transportation Pro R; i s" (the " ulations"). This RFP is subject to these stipulated regulations. In ord e that C mmission achieves its overall DBE Program goals and objectives, .ion encourages the participation of DBEs as defined in 49 CFR 26 in the oerform.° e of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission 1. Ensure nondiscrimination dministration of DOT -assisted contracts; 2. Create a level playin • o ! ich DBE's can compete fairly for DOT -assisted contracts; 3. Ensure that the D. .rogra s narrowly tailored in accordance with applicable law; 4. Ensure that only firm .t fully meet 49 C.F.R. part 26 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participation of DBEs in DOT assisted contracts; 6. To promote the use of DBEs in all types of federally assisted contracts and procurement activities; and 7. Assist in the development of firms that can compete successfully in the marketplace outside the DBE program. B. Discrimination: Consultant shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of subcontracts. Any terms used FTA Requirements- Page 4 787 herein that are defined in 49 CFR Part 26, or elsewhere in the Regulations, shall have the meaning set forth in the Regulations. C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race -Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no FTA DBE goal on this Project. Consultant shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Consultant shall adhere to race -neutral DBE participation commitment(s) made at the time of award. D. Race -Neutral DBE Submissions and Ongoin Award): At termination of the Contract, the succe submit to Commission a "DBE Race -Neutral Pa by Commission. In the event DBE(s) are utili Consultant shall comply with applicable reporti rting Requirements (Post- Co ��� tant shall complete and pation Lis in the form provided th :•erform:'` ce of the Agreement, ements. E. Performance of DBE Subconsult. ' ; E s •nsultants listed by Consultant in its "DBE Race -Neutral Participation Lis gig' t-': at the time of proposal shall perform the work and supply the terial hic they are listed, unless Consultant has received prior written auth• '' a 4 fro ommission to perform the work with other forces or to obtain the mat- .Is fr.. othe °.ources. Consultant shall provide written notification to Commission i t, er of any changes to its anticipated DBE participation. This noti - •ul.' , provided prior to the commencement of that portion of the work. F. DBE Certifica life of this Agreement, with the date of decertifi If a listed DBE subconsultant is decertified during the ertified subconsultant shall notify Consultant in writing n. If a non -DBE subconsultant becomes a certified DBE during the life of this Agreement, the DBE subconsultant shall notify Consultant in writing with the date of certification. Consultant shall furnish the written documentation to Commission in a timely manner. Consultant shall include this requirement in all subcontracts. G. Consultant's Assurance Clause Regarding Non -Discrimination: In compliance with State and Federal anti -discrimination laws, Consultant shall affirm that it will not exclude or discriminate on the basis of race, color, national origin, or sex in consideration of contract award opportunities. Further, Consultant shall affirm that they will consider, and utilize subconsultants and vendors, in a manner consistent with non-discrimination objectives. FTA Requirements- Page 5 788 H. Violations: Failure by the selected Consultant(s) to carry out these requirements shall be a material breach of the contract to be awarded pursuant to this RFP, which may result in the termination of the contract or such other remedy as the recipient deems appropriate, which may include, but is not limited to: (1) Withholding monthly progress payments; (2) Assessing sanctions; (3) Liquidated damages; and/or (4) Disqualifying the Consultant from future bidding as non -responsible. 49 C.F.R. § 26.13(b). I. Prompt Payment: Consultant shall pay its subconsultants for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Consultant. 49 C.F.R. § 26.29(a), unless a orter period is provided in the contract. J. Compliance with DBE Requirements Contained;;' TA comply with all DBE reporting and other requirem s contain visions: Consultant shall this Agreement. 7. Incorporation of Federal Transit Admini :=tion (FTA) Terms The preceding provisions include, required by DOT, whether or provisions. All contractual pr 4220.1F are hereby incor notwithstanding, all FTA ma conflict with other pro perform any act, fai which would caus andard Terms and Conditions forth in the preceding contract d by DOT, as set forth in FTA Circular nce. Anything to the contrary herein all be deemed to control in the event of a ained in this Agreement. The Consultant shall not ct, or refuse to comply with any RCTC requests ation of the FTA terms and conditions. 8. Debarment an • s • sion. The Consultant agrees to the following: (1) It will comply with the following requirements of 2 CFR Part 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR Part 1200. (2) It will not enter into any "covered transaction" (as that phrase is defined at 2 CFR §§ 180.220 and 1200.220) with any subconsultant whose principal is, suspended, debarred, or otherwise excluded from participating in covered transactions, except as authorized by— (i) U.S. DOT regulations, "Nonprocurement Suspension and Debarment," 2 CFR Part 1200; (ii) U.S. OMB regulatory guidance, "Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement)," 2 CFR Part 180; and (iii) Other applicable federal laws, regulations, or requirements regarding participation with debarred or suspended recipients or third party participants. FTA Requirements- Page 6 789 (3) It will review the U.S. GSA "System for Award Management — Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs," if required by U.S. DOT regulations, 2 CFR Part 1200. 9. ADA Access Requirements The Consultant shall comply with all applicable requirements of the Americans with Disabilities Act of 1990 (ADA), 42 USC Section 12101 et seq; Section 504 of the Rehabilitation Act of 1973, as amended, 29 USC Section 794; 49 USC Section 5301(d). 10. FIy America To the extent applicable to the Services, the Consultant agrees to comply with 49 U.S.C. 40118 (the "FIy America" Act) in accordance ,:,'th the General Services Administration's regulations at 41 CFR Part 301-10, wh' ;`' "provide that recipients and sub recipients of Federal funds and their consultants _ quired to use U.S. Flag air carriers for U.S. Government -financed international tra - -nd transportation of their personal effects or property, to the extent such rvice is able, unless travel by foreign air carrier is a matter of necessity, - efin • by the ly America Act. The Consultant shall submit, if a foreign air carrier -s •d, an appropriate certification or memorandum adequately explaining why servi ;•y a U.S. flag air carrier was not available or why it was necessary to u • s reig carrier and shall, in any event, provide a certificate of compliance with requirements. The Consultant agrees to include the requiremen of thi . - ion all subcontracts that may involve international air transportation. 11. Cargo Preference - ► of es -Flag Vessels To the extent applica• S- es, the Consultant agrees: 1. To use p •tely ow d United States -Flag commercial vessels to ship at least 50 pe . qt . e gross tonnage (computed separately for dry bulk carriers, dry c- liners, and tankers) involved, whenever shipping any equipment, material, or commodities pursuant to the underlying contract to the extent such vessels are available at fair and reasonable rates for United States -Flag commercial vessels; 2. To furnish within 20 working days following the date of loading for shipments originating within the United States or within 30 working days following the date of leading for shipments originating outside the United States, a legible copy of a rated, "on -board" commercial ocean bill -of -lading in English for each shipment of cargo described in the preceding paragraph to the Division of National Cargo, Office of Market Development, Maritime Administration, Washington, DC 20590 and to the FTA recipient (through the Consultant in the case of a subconsultant's bill -of -lading.) FTA Requirements- Page 7 790 3. To include these requirements in all subcontracts issued pursuant to this contract when the subcontract may involve the transport of equipment, material, or commodities by ocean vessel. 11. Buy America — Not applicable. 12. Employment Provisions To the extent applicable to the Services, Consultant shall comply with the following: A. Equal Employment Opportunity — Not applicable. B. Copeland "Anti -Kickback" Act (18 U.S.C. 874 and 40 U.S.C. 276c) — Not applicable. C. Contact Work Hours and Safety Standards Act 1 U.S.C. 327-333) —Not applicable. D. Release of Retainage No retainage will be withheld by the RCTC fm pr ess payments due Consultant. Retainage by Consultant or subconsultants is prohibited, and no retainage will be held by the prime consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consultant or defici nt subconsultant performance, or noncompliance by a subconsultant. 13. Termination nce RCTC may terminate the Feement for convenience in accordance with the terms of the Agreement. After such termination, the Consultant shall submit a final termination settlement proposal to RCTC as directed. If the Consultant fails to submit a proposal within the time allowed, RCTC may determine, on the basis of information available, the amount, if any due the Consultant because of the termination and shall pay the amount determined. After the Consultant's proposal is received, RCTC and Consultant shall negotiate a fair and equitable settlement and the contract will be modified to reflect the negotiated agreement. If agreement cannot be reached, RCTC may issue a final determination and pay the amount determined. If the Consultant does not agree with this final determination or the determination resulting from the lack of timely submission of a proposal, the Consultant may appeal under the Disputes clause. FTA Requirements- Page 8 791 14. Administrative and Contractual Remedies on Breach; Termination for Cause a.The Consultant may be declared in breach of this Agreement ("Breach") if the Consultant fails to make delivery of the supplies or to perform the services within the time specified herein or any extension thereof; or if the Consultant fails to perform any of the other provisions of the contract, or so fails to make progress as to endanger performance of this contract in accordance with its terms. In case of any of the foregoing, RCTC shall notify the Consultant of the Breach, and the Consultant shall have a period of ten (10) days (or such longer period as RCTC may authorize in writing) after receipt of notice from RCTC to cure the Breach. b. RCTC may, by written notice of termination to the Consultant specifying the effective date thereof, terminate the whole or any part of t .'a contract, in the case of a Breach that is not cured within the timeframe set forth in above ("Uncured Breach"). c. If the contract is terminated in whole or in may procure upon such terms and in such ma supplies or services similar to those so termi its own forces. The Consultant shall be liable similar supplies or services, and for any other co Uncured Breach. The Consultant shall extent not terminated under the provisio d. Except with respect to liable for any excess costs beyond the control and witho perform is caused by causes beyond the the fault or negli excess costs for fai the Subconsultant wer Consultant to meet the re for Uncured Breach, RCTC as RCT ay deem appropriate, ay com' ete the services with for any excess costs for such curred by RCTC as a result of the ormance of this contract to the bconsultants, the Consultant shall not be rform the contract arises out of causes gligence of the Consultant. If the failure to a Subconsultant, and if such default arises out of e Consultant and the Subconsultant, and without o hem, the Consultant shall not be liable for any m, unless the supplies or services to be furnished by ble from other sources in sufficient time to permit the d project completion schedule. e. Payment for completed services or supplies delivered to and accepted by RCTC shall be at the contract price. RCTC may withhold from amounts otherwise due the Consultant for such completed services or supplies such sum as RCTC determines to be necessary to protect RCTC against loss because of outstanding liens of claims of former lien holders, or to reimburse RCTC for any other costs related to the Uncured Breach. f. If, after notice of termination of this contract for cause, it is determined for any reason that an Uncured Breach did not exist, the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to the provisions for termination for convenience of RCTC. FTA Requirements- Page 9 792 g. The rights and remedies of RCTC provided in this clause shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance. h. Notwithstanding the above, RCTC may, without providing an opportunity to cure, terminate the contract in accordance with the timeframe set forth in Section 17 of the contract, if RCTC determines such action is in its best interest based on the nature of the Breach. Such actions shall not limit any of RCTC's remedies set forth above. 16. Disputes a. Except as otherwise provided in this Agreement, any dispute concerning a question of fact arising under this Agreement which is not disposed of by supplemental agreement shall be decided by RCTC's Deputy Executive Director, who sha duce the decision to writing and mail or otherwise furnish a copy thereof to the • Itant. The decision of the RCTC Deputy Executive Director shall be final an. wnclu unless, within thirty (30) days from the date of receipt of such copy, Co - ant mails . •therwise furnishes to the RCTC Deputy Executive Director a writte •pea -ddressew to RCTC's Executive Director. The decision of RCTC Executive Dire ► •uly authorized representative for the determination of such appeals shall be final a onclusive. b. The provisions of this Paragraph •e pleaded in any suit involving a question of fact arising under t gre- as miting judicial review of any such decision to cases where fraud s offi • I or his representative or board is alleged, provided, however, that any h de .ion s' I be final and conclusive unless the same is fraudulent or capricious o •' grossly erroneous as necessarily to imply bad faith or is not su• • -.- • ubstantial evidence. In connection with any appeal proceeding under th' . ara• h, Consultant shall be afforded an opportunity to be heard and to offer .ence in •po ` of its appeal. c. Pending final de • •n a dispute hereunder, Consultant shall proceed diligently with the performance of t greement and in accordance with the decision of RCTC's Deputy Executive Director. This "Disputes" clause does not preclude consideration of questions of law in connection with decisions provided for above. Nothing in this Agreement, however, shall be construed as making final the decision of any RCTC official or representative on a question of law, which questions shall be settled in accordance with the laws of the State of California. 17. Lobbying See the Byrd Anti -Lobbying Amendment, 31 U.S.C. 1352, as amended by the Lobbying Disclosure Act of 1995, P.L. 104-65 [to be codified at 2 U.S.C. § 1601, et seq.] - Consultants who apply or bid for an award of $100,000 or more shall file the certification required by 49 CFR part 20, "New Restrictions on Lobbying." Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to FTA Requirements- Page 10 793 pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal contract, grant or any other award covered by 31 U.S.C. 1352. Each tier shall also disclose the name of any registrant under the Lobbying Disclosure Act of 1995 who has made lobbying contacts on its behalf with non -Federal funds with respect to that Federal contract, grant or award covered by 31 U.S.C. 1352. Such disclosures are forwarded from tier to tier up to the recipient. The Offeror shall complete and submit with its bid/proposal the attached Certification Regarding Lobbying, and if applicable, the Standard Form-LLL, "Disclosure Form to Report Lobbying." 18. Energy Conservation The Consultant agrees to comply with mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act. 19. Clean Water a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. d. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 20. Clean Air a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. FTA Requirements- Page 11 794 b. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). c. The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 21. Recycled Products Recovered Materials - The Consultant agrees to co Section 6002 of the Resource Conservation and (42 U.S.C. 6962), including but not limited to th 247, and Executive Order 12873, as they apply to the procurement of the ite CFR Part 247. 21. SPECIAL PROVISION FO Section 49. Centers for Dise for Persons to Wear Mask (a) Compliance with C ("CDC") Order of J While on Conveya Agreement. One of operating transportatio all subconsultants to com 4hall the requirements of overy Act (RCRA), as amended gulatory provisions of 40 CFR Part designated in Subpart B of 40 ROMOTING COVID-19 SAFETY rol and Prevention Order on Requirements Conveyances and at Transportation Hubs. er. The Centers for Disease Control and Prevention 2121, titled Requirement for Persons to Wear Masks ansportation Hubs ("CDC Mask Order"), applies to this s of the CDC Mask Order is "[m]aintaining a safe and Consultant agrees that it will comply, and will require with the CDC Mask Order. (b) Enforcement for non-compliance. Consultant agrees that FTA and RCTC may take enforcement action for non-compliance with the CDC Mask Order, including: (1) enforcement actions authorized by 49 U.S.C. § 5329(g); (2) referring Consultant to the CDC or other Federal authority for enforcement action; (3) enforcement actions authorized by 2 CFR §§ 200.339 — .340; and (4) any other enforcement action authorized by Federal law or regulation. FTA Requirements- Page 12 795 22.Safe Operation of Motor Vehicles Pursuant to Federal Executive Order No. 13043, "Increasing Seat Belt Use in the United States," April 16, 1997, 23 U.S.C. Section 402 note, FTA encourages each third party consultant to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company owned, rented, or personally operated vehicles, and to include this provision in each third party subcontract involving the project. a. The Consultant is encouraged to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company -owned vehicles, company -rented vehicles, or personally operated vehicles. The terms "company -owned" and "company -leased" refer to vehicles owned or leased either by the Consultant or RCTC. The Consultant agrees to adopt and enforce workplace safety policies to decrease crashes caused by distracted drivers, including policies to ban text messaging while using an electronic device supplied by an employer, and driving a vehicle the driver owns or rents, a vehicle Contactor owns, leases, or rents, or a privately -owned vehicle when on official business in connection with the work performed under this contract. FTA Requirements- Page 13 796 EXHIBIT "E" CERTIFICATE OF CONSULTANT I HEREBY CERTIFY that I am the and duly authorized representative of the firm of whose address is , and that, except as hereby expressly stated, neither I nor the above firm that I represent have: (a) employed or retained for a commission, percentage, brokerage, contingent fee, or other consideration, any firm or person (other than a bona fide employee working solely for me or the above consultant) to solicit or secure this agreement; nor (b) agreed, as an express or implied condition f.:; ;obtaining this Agreement, to employ or retain the services of any firm or . on in connection with carrying out the agreement; nor (c) paid, or agreed to pay, to any firm, fide employee working solely f contribution, donation, or considera procuring or carrying out thi- .,•reeme nization or < on (other than a bona he above consultant) any fee, any kind for, or in connection with, acknowledge that this Certificat made available to the California Department of Transportation s) onnection with this agreement involving participation of Federal -aid Hi• ' ds, is subject to applicable State and Federal laws, both criminal and civil. Name Title Exhibit E-1 17336.00023\34328429.1 797 NO APPLICABLE - IRR-Los Angeles and it's Subconsultant, IRR-Orange County have never participated in any lobbying activities. Local Assistance Procedures Manual EXHIBIT 10-Q Disclosure of Lobbying Activities EXHIBIT 10-Q DISCLOSURE OF LOBBYING ACTIVITIES COMPLETE THIS FORM TO DISCLOSE LOBBYING ACTIVITIES PURSUANT TO 31 U.S.C. 1352 1. Type of Federal Action: 2. Status of Federal Action: a. contract b. grant c. cooperative agreement d. loan e. loan guarantee f. loan insurance ❑ a bid/offer/application b. initial award e. post -award 4. Name and Address of Reporting Entity nPrime nSubawardee Tier , if known Congressional District, if known 6. Federal Department/Agency: 8. Federal Action Number, if known: 10. Name and Address of Lobby Entity (If individual, last name, first name, MI) (attach Continua 12. Amount of Payment (check all that $ n actual 13. Form of Payment (check all 8 a. cash b. in -kind; s 3. Report Type: na. initial b. material change For Material Change Only: year quarter date of last report 5. If Reporting Entity in No. 4 is Subawardee, Enter Name and Address of Prime: Congression 'strict, if known 7. Federal am Name/Description: 1CF 1l/Numb�i applicable 9. and Amount, i wn: 11. Ind' als Performing Services (inc, ding address if different from No. 10) Oast me, first name, MI) ry) pe of Payment (check all that apply) a. retainer b. one-time fee c. commission d. contingent fee e deferred f. other, specify 15. Brief Descriptio ervices Per med or to be performed and Date(s) of Service, including officer(s), employee i r mem s) contacted, for Payment Indicated in Item 12: 16. Continuation Sheet(s) attached: (attach Continuation Sheet(s) if necessary) Yes pi 17. Information requested through this form is authorized by Title 31 U.S.C. Section 1352. This disclosure of lobbying reliance was placed by the tier above when his transaction was made or entered into. This disclosure is required pursuant to 31 U.S.C. 1352. This information will be reported to Congress semiannually and will be available for public inspection. Any person who fails to file the required disclosure shall be subject to a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. Federal Use Only: No n Signature: Print Name: Beth B. Finestone Title: Managing Director TelephoneNo.: Managing Director Date:10/21/21 Authorized for Local Reproduction Standard Form - LLL Standard Form LLL Rev. 04-28-06 Distribution: Orig- Local Agency Project Files LPP 13-01 APPENEDX L - 1 Page 1 May 8, 2013 ATTACHMENT 4 Agreement No. 22-31-028-00 PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING ASSISTANCE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT WITH R.P. LAURAIN & ASSOCIATES, INC. FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Parties and Date. This Agreement is made and entered into this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("the Commission") and R.P. LAURAIN & ASSOCIATES INC. ("Consultant"), a Corporation. The Commission and Consultant are sometimes r- red to herein individually as "Party", and collectively as the "Parties". Recitals. A. On November 8, 1988, the Voters of Ri side County approved Measure A authorizing the collection of a one-half percent (1/2 °/o) retail transactions and use tax (the "tax") to fund transportat; ; • rams and improvements within the County of Riverside, and adopting the : versi County Transportation Improvement Plan (the "Plan"). B. Pursuant to Public Utility Code Sections 240000 et seq., the Commission is authorized to allocate the proceeds of the Tax in furtherance of the Plan. C. On November 5, 2002, the voters of Riverside County approved an extension of the Measure A tax for an additional thirty (30) years for the continued funding of transportation and improvements within the County of Riverside. D. A source of funding for payment for on -call professional appraisal services provided under this Agreement may be Federal Highway Administration ("FHWA") funds administered by the California Department of Transportation ("Caltrans"), and/or funds from the Federal Transit Administration ("FTA"). This Commission may withhold payment of any federal funds hereunder until the certification shown in Exhibit "F" attached hereto and incorporated herein by reference, is executed. E. Consultant desires to perform and assume responsibility for the provision of certain on -call right of way appraisal services for projects in the County of Riverside, California. Services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). Consultant 799 represents that it is experienced in providing such services to public clients, is licensed in the State of California (if necessary) and is familiar with the plans of the Commission. G. Commission desires to engage Consultant to render such services on an on -call basis. Services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein and in each Task Order (each such project shall be designated a "Project" under this Agreement). Terms. 1. General Scope of Services. Consultant shall furnish all technical and professional services, including labor, material, equipment, transportation, supervision and expertise, and incidental and customary work necessary to fully and adequately supply the on -call right of way appraisal services for the Services are generally described in Exhibit "A" attached by reference. The Services shall be more particularly Orders issued by the Commission's Executive Dire or be performed unless authorized by a fully exec Task subject to, and performed in accordance with, ' Agr-em the exhibits attached hereto and incorporate • -re :;'y r local, state and federal laws, rules and regulation 2. Task Orders. Commencem under this Agreement shall be requeste requests. If Commission acce •,, sult issue a purchase order or e. uted :sk Order Authorization"). Con Order, Commission's Task Or Services shall indicat rojects ("Services"). The to and incorporated herein ribed in the individual Task ignee. No Services shall O .. All Services shall be ent, relevant Task Order, eference, and all applicable Schedule of Services. Services mission pursuant to Task Order s Task Order proposal, Commission shall er for the Services ("Commission's Task t to the final terms of a proposed Task uthoriza ion and Consultant's commencement of the reement to the terms of the relevant Task Order. Cons t shall mmence Services under a Task Order within five (5) days of receiving Co sion' , ask Order Authorization. Consultant sh I perform the Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3. Pre -Award Audit. As a result of the funding for this Project, and to the extent Caltrans procedures apply in connection therewith, issuance of a "Notice to Proceed" or other authorization to proceed under a Task Order may be contingent upon completion and approval of a pre -award audit. Any questions raised during the pre -award audit shall be resolved before Services are commenced under a Task Order. The funding provided under this Agreement is contingent on meeting all funding requirements and could be 3 800 withdrawn, thereby entitling the Commission to terminate this Agreement, if the procedures are not completed. The Consultant's files shall be maintained in a manner to facilitate State process reviews. In addition, Caltrans may require that prior to performance of any work for which funding reimbursement through Caltrans is requested and provided, that Caltrans must give to Commission an "Authorization to Proceed". 4. Audit Procedures. 4.1 Consultant and certain subconsultant contracts, including cost proposals and ICR, are subject to audits or reviews such as, but not limited to, a contract audit, an incurred cost audit, an Independent Cost Review (ICR) Audit, or a CPA ICR audit work paper review. If selected for audit or review, this Agreement, Consultant's cost proposal and ICR and related work papers, if applicable, will be reviewed to verify compliance with 48 CFR, Part 31 and other related laws and egulations. In the instances of a CPA ICR audit work paper review it is Consultant's r state, or local government officials are allowed full a including making copies as necessary. This Agreem ICR shall be adjusted by Consultant and app manager to conform to the audit or review r individual terms of costs identified in the a Agreement by this reference if directed by Com Consultant to incorporate audit or revie •mme state or local governments have access of the Agreement terms and cause for to of prior reimbursed costs. Ad set forth in Sections 22 and Section 4.2 and 4.3 shall a source. 4.2 by the Consultant's in toward a resolution of i best efforts to resolve an onsibility to ensure federal, to the CPA's work papers C• Itant's cost proposal, and by t Commission's contract dations. "-`onsultant agrees that shall be incorporated into this on at its sole discretion. Refusal by ions, or to ensure that the federal, ers, will be considered a breach this Agreement and disallowance ovisions applicable to this Agreement are ent. e extent applicable to the Task Order and funding altrans' review of the ICR audit work papers created CPA, Caltrans will work with the CPA and/or Consultant hat arise during the review. Each party agrees to use its audit disputes in a timely manner. If Caltrans identifies significant issues during the review and is unable to issue a cognizant approval letter, Commission will reimburse the Consultant at an accepted ICR until a FAR (Federal Acquisition Regulation) compliant ICR {e.g. 48 CFR Part 31; GAGAS (Generally Accepted Auditing Standards); CAS (Cost Accounting Standards), if applicable; in accordance with procedures and guidelines of the American Association of State Highways and Transportation Officials (AASHTO) Audit Guide; and other applicable procedures and guidelines is received and approved by Caltrans. Accepted rates will be as follows: a. If the proposed rate is less than one hundred fifty percent (150%) - the accepted rate reimbursed will be ninety percent (90%) of the proposed rate. 4 801 b. If the proposed rate is between one hundred fifty percent (150%) and two hundred percent (200%) - the accepted rate will be eighty-five percent (85%) of the proposed rate. c. If the proposed rate is greater than two hundred percent (200%) - the accepted rate will be seventy-five percent (75%) of the proposed rate. 4.3 If Caltrans is unable to issue a cognizant letter per Section 4.2 above, Caltrans may require Consultant to submit a revised independent CPA -audited ICR and audit report within three (3) months of the effective date of the Caltrans' management letter. Caltrans will then have up to six (6) months to review the Consultant's and/or the independent CPA's revisions. If the Consultant fails to comply with the provisions of this Section 4, or if Caltrans is still unable to issue a cognizant approval letter er the revised independent CPA audited ICR is submitted, overhead cost reimbu a'°'lent will be limited to the accepted ICR that was established upon initial reje . •f the ICR and set forth in Section 4.2 above for all rendered services. In this - t, t . ccepted ICR will become the actual and final ICR for reimbursement purp• under th greement. Consultant may submit to Com io nal invoice only when all of the following items have occurred: (1) Caltrans ac or adjusts the original or revised independent CPA audited ICR; (2) all nder Agreement has been completed to the satisfaction of Commission; and ( ha ssued its final ICR review letter. The Consultant must submit its final in o • mission no later than sixty (60) calendar days after occurrenc_ last these items. The accepted ICR will apply to this Agreement and all k 0' -rs i ed under this Agreement, and all other agreements executed betty- the on and the Consultant, either as a prime or subconsultant, with the - e .. period CR. 5.1 Agr- ent shall go into effect on the date first set forth above, contingent upon appro ommission, and Consultant shall commence work after notification to proceed by ommission's Contract Administrator. This Agreement shall end on December 31, 2025, unless extended by contract amendment. Notwithstanding the foregoing, Caltrans and/or FHWA funded Task Orders shall be completed within thirty-six (36) months of the Effective Date, unless approval of Caltrans is obtained from the Commission. 5.2 Consultant is advised that any recommendation for contract award is not binding on Commission until this Agreement is fully executed and approved by the Commission. 5.3 This Agreement shall remain in effect until the date set forth above, unless earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and 5 802 deadlines. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 6. Commission's Contract Administrator. The Commission hereby designates the Commission's Executive Director, or his or her designee, to act as its Contract Administrator for the performance of this Agreement ("Commission's Contract Administrator"). Commission's Contract Administrator shall have the authority to act on behalf of the Commission for all purposes under this Agreement. Commission's Contract Administrator shall also review and give approval, as needed, to the details of Consultant's work as it progresses. Consultant shall not accept direction or orders from any person other than the Commission's Contract Administrator or his or her designee. 7. Consultant's Representative. Consultant hereby John P. Laurain to act as its Representative for the performance of this Agreement ("C• sultant's Representative"). Consultant's Representative shall have full authority to ac ,': ' behalf of Consultant for all purposes under this Agreement. The Consultant's R-; -ntative shall supervise and direct the Services, using his or her professional ":'ill attention, and shall be responsible for all means, methods, techniques, " ences a •rocedures and for the satisfactory coordination of all portions of the S es der this • reement. Consultant shall work closely and cooperate fully with Co sip Contract Administrator and any other agencies which may have jurisdiction • or an interest in, the Services. Consultant's Representative shall be av to th - ommission staff at all reasonable times. Any substitution in Consultant's -p ti shall be approved in writing by Commission's Contract Administrator. 8. Substitution of Commission that certain ke this Agreement. Should one o may substitute other Commission. In t substitution of the Agreement for cause, performance of this Agr otherwise identified in the Consultant has represented to the rform and coordinate the Services under of suc personnel become unavailable, Consultant ast equal competence upon written approval by the mmission and Consultant cannot agree as to the I, the Commission shall be entitled to terminate this to the provisions herein. The key personnel for t are: John P. Laurain and Benjamin V. Balos, or as sk Order. 9. Standard of Care; Licenses. Consultant represents and maintains that it is skilled in the professional calling necessary to perform all Services, duties and obligations required by this Agreement to fully and adequately complete the Project. Consultant shall perform the Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Consultant further represents and warrants to the Commission that its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be maintained throughout the term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from the Commission, any services 6 803 necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. Any employee of Consultant or its sub -consultants who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Consultant and shall not be re-employed to perform any of the Services or to work on the Project. 10. Independent Contractor. The Services shall be performed by Consultant or under its supervision. Consultant will determine the means, methods and details of performing the Services subject to the requirements of th'. Agreement. Commission retains Consultant on an independent contractor basis an;;>'ot as an employee, agent or representative of the Commission. Consultant retai - right to perform similar or different services for others during the term of this ' • eme `. Any additional personnel performing the Services under this Agreement o -half of C• ultant shall at all times be under Consultant's exclusive direction and trol. Consult: shall pay all wages, salaries and other amounts due such personn ' q ection with their performance of Services and as required by law. Consultant s be responsible for all reports and obligations respecting such personnel, i • bu t limited to, social security taxes, income tax withholdings, unemploymen ''_ - . ability insurance, and workers' compensation insurance. 11. Project Progre 11.1 Modificati the Commission, thr required Services informed of all an schedule modification of Services for approva the Sc edule. Consultant shall regularly report to dence or progress reports, its progress in providing ed time periods. Commission shall be promptly ys. In the event that Consultant determines that a ry, Consultant shall promptly submit a revised Schedule mmission's Contract Administrator. 11.2 Trend Meetings. Consultant shall conduct trend meetings with the Commission's Contract Administrator and other interested parties, as requested by the Commission, on a bi-weekly basis or as may be mutually scheduled by the Parties at a standard day and time. These trend meetings will encompass focused and informal discussions concerning scope, schedule, and current progress of Services, relevant cost issues, and future Project objectives. Consultant shall be responsible for the preparation and distribution of meeting agendas to be received by the Commission and other attendees no later than three (3) working days prior to the meeting. 11.3 Progress Reports. As part of its monthly invoice, Consultant shall submit a progress report, in a form determined by the Commission, which will indicate the progress achieved during the previous month in relation to the Schedule of Services. 7 804 Submission of such progress report by Consultant shall be a condition precedent to receipt of payment from the Commission for each monthly invoice submitted. 12. Delay in Performance. 12.1 Excusable Delays. Should Consultant be delayed or prevented from the timely performance of any act or Services required by the terms of the Agreement by reason of acts of God or of the public enemy, acts or omissions of the Commission or other governmental agencies in either their sovereign or contractual capacities, fires, floods, pandemics, epidemics, quarantine restrictions, strikes, freight embargoes or unusually severe weather, performance of such act shall be excused for the period of such delay. 12.2 Written Notice. If Consultant believes of time due to conditions set forth in subsection 12.1, Co notice to the Commission within seven (7) working day or reasonably should have known, that performance to such conditions. Failure of Consultant to provi waiver by Consultant of any right to an excusa 12.3 Mutual Agreement. Agreement may be delayed upon agreement, Consultant's Schedule of Commission. Consultant shall take all re and additional costs, resulting f 13. Prelimina R products prepared for subm Agreement shall be s and the Commissio approval. In the e detailed plans and de as may be required in c Contract Administrator, in uch tim dela in time it is entitled to an extension ultant shall provide written the time Consultant knows, rvices will be delayed due otice shall constitute a erformance. ce of any Services under this nt of the Parties. Upon such extended as necessary by the s to minimize delay in completion, extension. eports, working papers, and similar work in course of providing Services under this Commission's Contract Administrator in draft form, ions of such drafts prior to formal submission and designs are to be developed as part of the Project, final be contingent upon obtaining environmental clearance on with Federal funding. In the event that Commission's or her sole discretion, determines the formally submitted work product to be not in accordance with the standard of care established under this Agreement, Commission's Contract Administrator may require Consultant to revise and resubmit the work at no cost to the Commission. 14. Appearance at Hearings. If and when required by the Commission, Consultant shall render assistance at public hearings or other meetings related to the Project or necessary to the performance of the Services. However, Consultant shall not be required to, and will not, render any decision, interpretation or recommendation regarding questions of a legal nature or which may be construed as constituting a legal opinion. 15. Opportunity to Cure; Inspection of Work. Commission may provide Consultant an opportunity to cure, at Consultant's expense, all errors and omissions 8 805 which may be disclosed during Project implementation. Should Consultant fail to make such correction in a timely manner, such correction may be made by the Commission, and the cost thereof charged to Consultant. Consultant shall allow the Commission's Contract Administrator and Caltrans to inspect or review Consultant's work in progress at any reasonable time. 16. Final Acceptance. Upon determination by the Commission that Consultant has satisfactorily completed the Services required under this Agreement and within the term set forth herein the Commission shall give Consultant a written Notice of Final Acceptance. Upon receipt of such notice, Consultant shall incur no further costs hereunder, unless otherwise specified in the Notice of Final Acceptance. Consultant may request issuance of a Notice of Final Acceptance when, in its opinion, it has satisfactorily completed all Services required under the terms of this Agreement. In the event copyrights are permitted under this Agreement, then in con ction with Federal funding, it is hereby acknowledged and agreed that the ed States Department of Transportation shall have the royalty -free non-exc f' G, - and irrevocable right to reproduce, publish, or otherwise use, and to aut • ze • rs to use, the work for governmental purposes. 17. Laws and Regulations. Consulta h. eep itself fully informed of and in compliance with all local, state and federal law es and regulations in any manner affecting the performance of the Pr• •r the -rvices, including all Cal/OSHA requirements, and shall give all notices r a For example, and not by way of limitation, Consultant shall keep itself o " d of and in compliance with all implementing regulations, desi• dar• specifications, previous commitments that must be incorporated in the ► ign • `:the ect, and administrative controls including those of the United States ransportation. Compliance with Federal procedures may includ-_,om•': ; n of the applicable environmental documents and approved by the Uni D ment of Transportation. For example, and not by way of limitation, "°gned C •or`' I Exclusion, Finding of No Significant Impact, or published Record o ` . a-cision y be required to be approved and/or completed by the United States Depart ~`'_,; t o ransportation. For Consultant shall be liable for all violations of such laws a gulations in connection with Services. If the Consultant performs any work knowin• it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 18. Fees and Payment. 18.1 The method of payment for this Agreement will be based on actual cost. Commission shall reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the Services. Consultant shall not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, 9 806 travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant cost proposal attached hereto as Exhibit "B" and incorporated herein by reference, or any cost proposal included as part of a Task Order ("Cost Proposal") unless additional reimbursement is provided for by written amendment. In no event, shall Consultant be reimbursed for overhead costs at a rate that exceeds Commission's approved overhead rate set forth in the Cost Proposal. To the extent legally permissible, Consultant's approved overhead rate shall be fixed for the term of this Agreement. In the event that Commission determines that a change to the Services from that specified in the Cost Proposal, this Agreement or any Task Order is required, the Agreement time or actual costs reimbursable by Commission shall be adjusted by written amendment to accommodate the changed work. The maximum total cost as specified in Section 18.8 shall not be exceeded, unless authorized by a written amendment. 18.2 Reimbursement for transportation and, ubsistence costs shall not exceed the rates specified in the approved Cost Propo y '. In addition, payments to Consultant for travel and subsistence expenses clai r reimbursement or applied as local match credit shall not exceed rates a `` •rize`+, ,,.o be paid exempt non - represented State employees under curre tate D ment of Personnel Administration (DPA) rules, unless otherwise I I, hori :-d by C. `mission. If the rates invoiced are in excess of those authorize •' • . tes, and Commission has not otherwise approved said rates, then Consultant i ponsible for the cost difference and any overpayments shall be reimbursed - Com :: ion on demand. 18.3 When milestone cos Proposal for a Task Order, C milestone cost estimate fro estimate. 18.4 Services provided deliverable items Commission shall h accordance with the pro are included in the approved Cost obtain prior written approval for a revised dministrator before exceeding such cost ents shall be made monthly in arrears based on red costs. If Consultant fails to submit the required the schedule set forth in the Scope of Services, ht to delay payment or terminate this Agreement in s of Section 20, Termination. 18.5 No payment shall be made prior to approval of any Services, nor for any Services performed prior to approval of this Agreement. 18.6 Consultant shall be reimbursed, as promptly as fiscal procedures will permit upon receipt by Commission's Contract Administrator of itemized invoices in triplicate. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall detail the work performed on each milestone and each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this Agreement number and project title. Final invoice must contain the final cost and all credits due Commission including any equipment purchased under the Equipment Purchase provisions of this Agreement. The final invoice should be submitted within 60 calendar 10 807 days after completion of Consultant's work. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 18.7 The total amount payable by Commission, shall not exceed the amount set forth in each Task Order. 18.8 Commission has or will enter into five (5) task order contracts for performance of the Scope of Services identified in Exhibit "A", including this Agreement ("On -Call ROW Appraisal Task Order Contracts"). The of er On -Call ROW Appraisal Task Order Contracts are Hawran & Malm, LLC, -31-009-00; Hennessey & Hennessey, LLC 22-31-026-00; Integra Realty Resour. Los Angeles, 22-31-027-00; and Santolucito Dore Group, Inc., 22-31-029-0' . h- ' •tal amount payable by Commission for the On -Call ROW Appraisal Ta • rder Co • cts shall not exceed a cumulative maximum total value of One Millio %`oiler _ ($1,00 s 00) ("NTE Sum"). It is understood and agreed that there is no guara -, ;er expressed or implied that this dollar amount will be authorized under the On -C. • W Appraisal Task Order Contracts through Task Orders. Each time a Task is aw s r, -d under any of the On -Call ROW Appraisal Task Order Contracts, C• mk't send written notification to Consultant and each of the other consul J n g into the On -Call ROW Appraisal Task Order Contracts. The no ' st i• tify the total funds allocated under issued Task Orders, and the rema g u cum ed amount of the NTE Sum. Consultant acknowledges and agrees .t must not pay any amount under this Agreement that would e _-e• TE Sum, and Consultant must not enter into a Task Order that exceeds 18.9 .lary inc ,; ses shall be reimbursable if the new salary is within the salary range identifies the • roved Cost Proposal and is approved by Commission's Contract Administrator. -rsonnel subject to prevailing wage rates as described in the California Labor Code, II salary increases, which are the direct result of changes in the prevailing wage rates are reimbursable. 18.10 Consultant shall not be reimbursed for any expenses unless authorized in writing by the Commission's Contract Administrator. 18.11 All subcontracts in excess of $25,000 shall contain the above provisions. 19. Disputes. 19.1 Any dispute, other than audit, concerning a question of fact arising under this Agreement that is not disposed of by mutual agreement of the Parties shall 11 808 be decided by a committee consisting of RCTC's Contract Administrator and the Director of Capital Projects, who may consider written or verbal information submitted by Consultant. 19.2 Not later than 30 days after completion of all Services under this Agreement, Consultant may request review by the Commission's Executive Director of unresolved claims or disputes, other than audit. The request for review will be submitted in writing. 19.3 Neither the pendency of a dispute, nor its consideration by the committee will excuse Consultant from full and timely performance in accordance with the terms of this Agreement. 20. Termination. 20.1 Commission reserves the right to, inate this Agreement upon thirty (30) calendar days written notice to Consult f• y or no reason, with the reasons for termination stated in the notice. Com sion m. -rminate Services under a Task Order, at any time, for any or no reaso rth the effect date of termination to be specified in the notice of termination of Ta 20.2 Commission may t Consultant fail to perform the covenant herein provided. In the event of such Services in any manner deeme Agreement with Consultant, under this Agreement for the cost of completion to Co such case, the over Agreement and th inate t greement with Consultant should d at the time and in the manner t ommission may proceed with the er b •mmission. If Commission terminates this pay Consultant the sum due to Consultant and accepted prior to termination, unless n ex.,.'=ds the funds remaining in the Agreement. In educted from any sum due Consultant under this all be paid to Consultant upon demand. 20.3 -dditio o the above, payment upon termination shall include a prorated amount of pro f •licable, but no amount shall be paid for anticipated profit on unperformed Services. "='nsultant shall provide documentation deemed adequate by Commission's Contract Administrator to show the Services actually completed by Consultant prior to the effective date of termination. This Agreement shall terminate on the effective date of the Notice of Termination 20.4 Upon receipt of the written Notice of Termination, Consultant shall discontinue all affected Services as directed in the Notice or as otherwise provided herein, and deliver to the Commission all Documents and Data, as defined in this Agreement, as may have been prepared or accumulated by Consultant in performance of the Services, whether completed or in progress. 20.5 In addition to the above, Consultant shall be liable to the Commission for any reasonable additional costs incurred by the Commission to revise work for which the Commission has compensated Consultant under this Agreement, but which the Commission has determined in its sole discretion needs to be revised, in part 12 809 or whole, to complete the Project because it did not meet the standard of care established in this Agreement. Termination of this Agreement for cause may be considered by the Commission in determining whether to enter into future agreements with Consultant. 20.6 The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 20.7 Consultant, in executing this Agreement, shall be deemed to have waived any and all claims for damages which may otherwise arise from the Commission's termination of this Agreement, for convenience or cause, as provided in this Section. 20.8 Consultant may not terminate this Agre,-ment except for cause 20.9 In addition to the termination r '`,jC, above, Commission may temporarily suspend the Services under any Task d , at no additional cost to Commission, provided that Consultant is given w n notices `, temporary suspension. If Commission gives such notice of temporary s ' ension, Con . > ant shall immediately suspend its activities under the relevant Tas rde A temporary suspension may be issued concurrent with a notice of terminatio 21. Cost Principles and Admini _ ; ,:;'rements. 21.1 Consulta Procedures, 48 CFR, Fed et seq., shall be used to dete 21.2 accordance with Principles, and Audi the Contract Cost Principles and ulations System, Chapter 1, Part 31.000 allowability of individual items. agrees to comply with federal procedures in 200, Uniform Administrative Requirements, Cost nts for Federal Awards. 21.3 Any : s for which payment has been made to CONSULTANT that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Consultant to Commission. 21.4 All subcontracts in excess of $25,000 shall contain the above provisions. 22. Retention of Records/Audit. For the purpose of determining compliance with, as applicable, 2 CFR Part 200, Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Consultant, subconsultants, and Commission shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the 13 810 costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State or Federal Government shall have access to any books, records, and documents of Consultant and it's certified public accountants (CPA) work papers that are pertinent to this Agreement and, if applicable, indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 23.1 Accounting System. Consultant and its subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate expenditures by line item for the Services. The accounting system of Consultant and its subcontractors shall conform to Generally Accepted Accounting Principles (GAAP), enable the determination of incurred costs at interim points of completion, and provide support for reimbursement payment vouchers or invoices. 23. Audit Review Procedures. 23.1 Any dispute concerning a . es n of fact arising under an interim or post audit of this Agreement that is not dispo , - of by agreement, shall be reviewed by Commission's Chief Financial Officer. --- 23.2 Not later than 30 days after issuance of the final audit report, Consultant may request a review by Commission's Chief Financial Officer of unresolved audit issues. The request for review will be submitted in writing. r 23.3 Neither ende r of a dispute nor its consideration by Commission shall e ' _ _ , s nt from full and timely performance, in accordance with the terms oft gree 24. Subcontracting. 24.1 Nothi ` contained in this Agreement or otherwise, shall create any contractual relation between Commission and any subconsultant(s), and no subcontract shall relieve Consultant of its responsibilities and obligations hereunder. Consultant agrees to be as fully responsible to Commission for the acts and omissions of its subconsultant(s) and of persons either directly or indirectly employed by any of them as it is for the acts and omissions of persons directly employed by Consultant. Consultant's obligation to pay its subconsultant(s) is an independent obligation from Commission's obligation to make payments to the Consultant. 24.2 Consultant shall perform the Services contemplated with resources available within its own organization and no portion of the Services pertinent to this Agreement shall be subcontracted without written authorization by Commission's Contract Administrator, except that, which is expressly identified in the approved Cost Proposal. 14 811 24.3 Consultant shall pay its subconsultants within ten (10) calendar days from receipt of each payment made to Consultant by Commission. 24.4 Any subcontract in excess of $25,000 entered into as a result of this Agreement shall contain all the provisions stipulated in this Agreement to be applicable to subconsultants. 24.5 Any substitution of subconsultant(s) must be approved in writing by Commission's Contract Administrator prior to the start of work by the subconsultant(s). 24.6 Exhibit "B" may set forth the rates at which each subconsultant shall bill the Consultant for Services and that are subject to reimbursement by the Commission to Consultant. Additional Direct Costs, as defined in Exhibit "B" shall be the same for both the Consultant and all subconsultants, unless otherwi e identified in Exhibit "B" or in a Task Order. The subconsultant rate schedules and c proposals contained herein are for accounting purposes only. 25. Equipment Purchase 25.1 Prior authorization, i Administrator shall be required before Consults order, or subcontract for supplies, equi ent, or evaluation of the necessity or desirabili 25.2 For purcha the Cost Proposal and excee Contract Administrator is re the request for such purchas 25.3 to the following: Nonexpendable pro acquisition cost of $5, is sold or traded in, Com by Commission's Contract rs into any unbudgeted purchase ices. Consultant shall provide an h costs. , service or consulting work not covered in authorization, in writing, by Commission's petitive quotations must be submitted with ce of bidding must be adequately justified. urchased as a result of this Agreement is subject I m.intain an inventory of all nonexpendable property. ed as having a useful life of at least two years and an re. If the purchased equipment needs replacement and ion shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Consultant may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Consultant elects to keep the equipment, fair market value shall be determined at Consultant's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Consultant. If Consultant determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. provisions. 25.4 All subcontracts in excess $25,000 shall contain the above 15 812 26. Labor Code Requirements. 26.1 By its execution of this Agreement, Consultant certifies that it is aware of the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on certain "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. Copies of the prevailing rate of per diem wages are on file at the Commission's offices. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal project site. Consultant shall defend, indemnify and ho officials, officers, employees and agents free and har costs, penalties or interest arising out of any failure Prevailing Wage Laws. 26.2 DIR Registration. If the applicable "public works" or "maintenance" p Sections 1725.5 and 1771.1, the Cons with the Department of Industrial Relatio duration of the Project and require the also be subject to complian Industrial Relations. It sh applicable registration and 26.3 Code, eight hours any worker emplo any one calendar da for overtime is made at ace of business and at the e Commission, its elected from any claims, liabilities, failure to comply with the re being performed as part of an then pursuant to Labor Code and a bconsultants must be registered hall maintain registration for the subconsultants. This Project may and enforcement by the Department of s sole responsibility to comply with all equirements. Pursuant to the provisions of the California Labor itute a legal day's work, and the time of service of rk shall be limited and restricted to eight hours during hours in any one calendar week, except when payment s than one and one-half the basic rate for all hours worked in excess of eight hours p -r day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 26.4 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice 16 813 shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the responibility for compliance with provisions of this Section and with Sections 1777.5, 1777::x;. nd 1777.7 of the California Labor Code in regard to all apprenticeable occupations , ith Consultant. 27. Ownership of Materials/Confidentiali 27.1 Documents & Data. T Agr ent creates an exclusive and perpetual license for Commission to copy, use, , reuse, or sub -license any and all copyrights and designs embodied in pl. ,, specifi ns, studies, drawings, estimates, materials, data and other documents or th ip fixed in any tangible medium of expression, including but not limited • • rawings or data magnetically or otherwise recorded on computer, a ttes, ch are prepared or caused to be prepared by Consultant under this Agre ocu nts & Data"). Consulta req • all subcontractors to agree in writing that Commission is grantee '.m, u and perpetual license for any Documents & Data the subcontractor prep. unde s • ,-ement. presents and warrants that Consultant has the legal right to grant the excl d perpetual license for all such Documents & Data. Consultant makes no such presentation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 27.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer 17 814 media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsible to obtain in writing separate written assignments from any subcontractors or agents of Consultant of any and all right to the above referenced Intellectual Property. Should following termination of this Agreement, desire to use Intellectual Property, it shall first obtain the written appr All materials and documents the Consultant for general use prior to the exec the copyright of any other party or publicly avai shall continue to be the property of the Consultan and stated prior to execution of this Agr it has the right to grant the exclusive and as provided herein. Commis perpetual license to copy, u otherwise owned by C Ita collective, insurrectio nsultant, either during or y of the above -referenced f the Commission. ich were eloped or prepared by of • is Agree ent and which are not any other computer applications, owever, unless otherwise identified ant represents and warrants that n for all such Intellectual Property nted by Consultant a non-exclusive and -license any and all Intellectual Property hich is the basis or foundation for any derivative, ntal work created under this Agreement. 27.3 . All ideas, memoranda, specifications, plans, procedures, drawings, ons, computer program data, input record data, written information, and otherDents and Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. 27.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, 18 815 for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 28. Indemnification. To the fullest extent permitted by law, Consultant shall defend, indemnify and hold Commission, Caltrans and their directors, officials, officers, employees, consultants, volunteers, and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, inverse condemnation, and any claims related to property acquisition and relocation rules or failure to detect or abate hazardous materials, which are brought by a third party, and which , in any manner arise out of or are incident to alleged negligent acts, omissions, or willful misconduct of Consultant, its officials, officers, employees, agents, consul F. ts, and contractors arising out of or in connection with the performance of the .« rvices, the Project or this Agreement, including without limitation the payment o equential damages, expert witness fees, and attorney's fees and other related c• an. :, senses. Consultant shall defend, at Consultant's own cost, expense and U any an• 1 such aforesaid suits, actions or other legal proceedings of every kin• t m.., be bro t or instituted against Commission, Caltrans, and their directors, o I fficers, employees, consultants, agents, or volunteers. Consultant shall pay and •sfy any judgment, award or decree that may be rendered against Commis - Itran their directors, officials, officers, employees, consultants, agents, or vol - . n such suit, action or other legal proceeding. Consultant shall re's bursa; mi on, Caltrans and their directors, officials, officers, employees, c•. • its, ar_-nts, and/or volunteers, for any and all legal expenses and costs, includir eas• .ble :.•rney's fees, incurred by each of them in connection therewith or in o = demnity herein provided. Consultant's obligation to indemnify no" , y restricted to insurance proceeds, if any, received by Commission, Caltran ,;'re• s, officials officers, employees, consultants, agents, or volunteers. N. a y' hstandin ;i the oregoing, to the extent Consultant's Services are subject to Civil Cod- -ction 2. 2.8, the above indemnity shall be limited, to the extent required by Civil Code 782.8, to claims that arise out of, pertain to, or relate to the negligence, reckless + , or willful misconduct of the Consultant. Consultant's obligations as set forth in t is Section 28 shall survive expiration or termination of this Agreement. 29. Insurance. 29.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this Section, in a form and with insurance companies acceptable to the Commission. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this Section. 29.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to 19 816 persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (a) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (b) Minimum Limits of Insurance. no less than: (1) General Liability: $2,000,000 per occ injury and property damage. If Commercial General L • general aggregate limit is used, either the genera to this Agreement/location or the general ag occurrence limit. Limits may be achieved by a umbrella liability insurance; (2) Automobile Liab injury and property damage. Limits ma chiev excess or umbrella liability insurance; a Liability: Workers' Compensation Limits a California. Employer's Practice sultant shall maintain limits e for bodily injury, personal urance or other form with gregate "` � , shall apply separately 'mit sha e twice the required nation of primary and excess or 1,000,000 per accident for bodily any combination of primary and Compensation and Employer's y the Labor Code of the State of of $1,000,000 per accident. 29.3 Profes �al ��I� ��•nsultant shall procure and maintain, and require its sub -consultants to . •re and maintain, for a period of five (5) years following completion of the Pr d omissions liability insurance appropriate to their profession. For �t sultan , uc` nsurance shall be in an amount not less than $1,000,000 per cl.' ,; This in* rance shall be endorsed to include contractual liability applicable to this Agr ent d shall be written on a policy form coverage specifically designed to protect ag:' acts, errors or omissions of the Consultant. "Covered Professional Services" a designated in the policy must specifically include work performed under this Agreement. The policy must "pay on behalf of" the insured and must include a provision establishing the insurer's duty to defend. Subconsultants of Consultant shall obtain such insurance in an amount not less than $1,000,000 per claim. Notwithstanding the foregoing, the Commission may consider written requests to lower or dispense with the errors and omissions liability insurance requirement contained in this Section for certain subconsultants of Consultant, on a case -by -case basis, depending on the nature and scope of the Services to be provided by the subconsultant. Approval of such request shall be in writing, signed by the Commission's Contract Administrator. 29.4 Aircraft Liability Insurance. Prior to conducting any Services requiring use of aircraft, Consultant shall procure and maintain, or cause to be procured and maintained, aircraft liability insurance or equivalent form, with a single limit as shall 20 817 be required by the Commission. Such insurance shall include coverage for owned, hired and non -owned aircraft and passengers, and shall name, or be endorsed to name, the Commission, Caltrans and their directors, officials, officers, employees and agents as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant. 29.5 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: (a) General Liability. (i) Commercial General Liability Insurance must include coverage for (1) bodily Injury and property damage; (2) pers•nal Injury/advertising Injury; (3) premises/operations liability; (4) products/completed o limits that apply per Project; (6) explosion, collapse a deleted; (7) contractual liability with respect to this A1= damage; and (9) independent consultants covera tions liability; (5) aggregate derground (UCX) exclusion t; (8) broad form property (ii) The policy s + co no endorsements or provisions limiting coverage for (1) contractual liability; (2) c ability exclusion for claims or suits by one insured against another; or (3 .ntain other exclusion contrary to this Agreement. (iii) officials, officers, employees, 10 10 01 and 20371001, be "primary and no or Caltrans' insura 13, or endorsements hall give the Commission, its directors, d status using ISO endorsement forms 20 viding the exact same coverage. additional insured coverage under the policy shall will not seek contribution from the Commission's rance and shall be at least as broad as CG 20 01 04 e exact same coverage. (b) tomobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, Caltrans and their directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, Caltrans and their directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, Caltrans and their directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (c) Workers' Compensation and Employers Liability Coverage. 21 818 (i) Consultant certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. (d) All Coverages. set forth hereunder. (i) Defense costs shall be pa (ii) Requirements of in this Section are not intended as a limitation on or a waiver of any coverage normally provided b under this Agreement that any available insur the specified minimum insurance coverage req shall be available to the Commission, trans employees and agents as additional in requirements for coverage and limits s specified in this Agreement; or of any insurance policy or pro be satisfied by a comb' or excess insuran coverage shall als Commission (if agree own insurance or self -in able in addition to the limits s•: fi average or limits contained erage, s, or other requirement, y insurance. hall be a requirement eds broader than or in excess of ents and/or limits set forth herein their directors, officials, officers, aid policies. Furthermore, the e minimum coverage and limits overage and maximum limits of coverage the named insured; whichever is greater. (iii`' e lim °•f insurance required in this Agreement may ary and umbrella or excess insurance. Any umbrella be endorsed to contain a provision that such imary and non-contributory basis for the benefit of the itten contract or agreement) before the Commission's e shall be called upon to protect it as a named insured. The umbrella/excess polic -} hall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). (iv) Consultant shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Consultant shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Consultant shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Consultant shall maintain such coverage 22 819 continuously for a period of at least three years after the completion of the work under this Agreement. Consultant shall purchase a one (1) year extended reporting period A) if the retroactive date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during the life of the Agreement, any policy of insurance required under this Agreement do -s not comply with these specifications or is canceled and not replaced, Commissi to obtain the insurance it deems necessary, and any be promptly reimbursed by Consultant or Commissio pay premium from Consultant payments. In the al.; 'ative, C Agreement. The Commission may require the '; sult t to pro all insurance policies in effect for the duration . ; e : %ject. (viii) Neith officials, officers, employees or agents arising under or by virtue of this Agreeme 29.6 Deduct' insured retentions must b Commission does not ap. ro Consultant shall guar shall reduce or el Commission, its di shall procure a bon claims and administrati as the right but not the duty m paid by Commission will old amounts sufficient to ission may cancel this e complete copies of ssion nor any of its directors, Ily responsible for any liability rance Retentions. Any deductibles or self - approved by the Commission. If the deduc"`les or self -insured retentions as presented, he option of the Commission, either: (1) the insurer tibles or self -insured retentions as respects the s, officers, employees and agents; or (2) the Consultant ing payment of losses and related investigation costs, defense expense. 29.7 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 29.8 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 23 820 29.9 Subconsultant Insurance Requirements. Consultant shall not allow any subcontractors or subconsultants to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this Section. Policies of commercial general liability insurance provided by such subcontractors or subconsultants shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Consultant, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subconsultants. 29.10 Other Insurance. At its option, the Commission may require such additional coverage(s), limits and/or the reduction of deductibles or retentions it considers reasonable and prudent based upon risk factors that may directly or indirectly impact the Project. In retaining this option Commission d• --s not warrant Consultant's insurance program to be adequate. Consultant sha ave the right to purchase insurance in addition to the insurance required in this ` .,'•n 30. Safety. Consultant shall execute an. aintain if .rk so as to avoid injury or damage to any person or property. In carryi ut it ; Service , e Consultant shall at all times be in compliance with all applicable IA al ate and federal laws, rules and regulations, and shall exercise all necessary pr= tions for the safety of employees appropriate to the nature of the work a con. s under which the work is to be performed. Safety precautions as applic e, but shall not be limited to: (A) adequate life protection and life saving - h , en `nd procedures; (B) instructions in accident prevention for all e s a subcontractors, such as safe walkways, scaffolds, fall protection lade, s, br ges, ng planks, confined space procedures, trenching and shoring, equ ^en safety devices, equipment and wearing apparel as are necessa► .r I. :, 1y required to prevent accidents or injuries; and (C) adequate facilities for In • -r i ection and maintenance of all safety measures. 31. Additi Work y work or activities that are in addition to, or otherwise outside of, the Servi to • : performed pursuant to this Agreement shall only be performed pursuant to a s o- ate agreement between the parties. Notwithstanding the foregoing, the Commission Executive Director may make a change to the Agreement, other than a Cardinal Change. For purposes of this Agreement, a Cardinal Change is a change which is "outside the scope" of the Agreement; in other words, work which should not be regarded as having been fairly and reasonably within the contemplation of the parties when the Agreement was entered into. An example of a change which is not a Cardinal Change would be where, in a contract to construct a building there are many changes in the materials used, but the size and layout of the building remains the same. Cardinal Changes are not within the authority of this provision to order, and shall be processed by the Commission as "sole source" procurements according to applicable law, including the requirements of FTA Circular 4220.1 D, paragraph 9(f). (a) In addition to the changes authorized above, a modification which is signed by Consultant and the Commission's Executive Director, 24 821 other than a Cardinal Change, may be made in order to: (1) make a negotiated equitable adjustment to the Agreement price, delivery schedule and other terms resulting from the issuance of a Change Order, (2) reflect definitive letter contracts, and (3) reflect other agreements of the parties modifying the terms of this Agreement ("Bilateral Contract Modification"). (b) Consultant shall not perform, nor be compensated for any change, without written authorization from the Commission's Executive Director as set forth herein. In the event such a change authorization is not issued and signed by the Commission's Executive Director, Consultant shall not provide such change. 32. Prohibited Interests. 32.1 Solicitation. Consultant maintains a ,.• warrants that it has not employed nor retained any company or person, other tha_ . ^'ona fide employee working solely for Consultant, to solicit or secure this Agreem.; urther, Consultant warrants that it has not paid nor has it agreed to pay any co ny •erson, other than a bona fide employee working solely for Consultant 'ny fee, • .-. mission, percentage, brokerage fee, gift or other consideration conti =nt u +n or res ing from the award or making of this Agreement. For breach or viola o s warranty, the Commission shall have the right to rescind this Agreement without lity. 32.2 Consultant Conflict (a) Con relationship with Commissio Agreement. Consultant her financial or business interest t this Agreement. isclose any financial, business, or other e an impact upon the outcome of this oes not now have, nor shall it acquire any ould conflict with the performance of services under bcontract in excess of $25,000 entered into as a result of this Agreement, sh. ontai► :II of the provisions of this Article. 32.3 Com sion Conflict of Interest. For the term of this Agreement, no member, officer or employee of the Commission, during the term of his or her service with the Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 32.4 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 25 822 32.5 Covenant Against Contingent Fees. As required in connection with federal funding, the Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the Consultant, to solicit or secure this Agreement, and that he/she has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or formation of this Agreement. For breach or violation of this warranty, the Commission shall have the right to terminate this Agreement without liability pursuant to the terms herein, or at its discretion to deduct from the Agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee. 32.6 Rebates, Kickbacks or Other Unlawful Consideration. Consultant warrants that this Agreement was not obtained or secured other unlawful consideration, either promised or paid to breach or violation of this warranty, Commission shall terminate this Agreement without liability; to pay o , I '' or performed; or to deduct from the Agreement pric_-; . • r othe of such rebate, kickback or other unlawful con ough rebates kickbacks or Commission employee. For the right in its discretion; to t alue of the work actually rwi ecover the full amount 32.7 Covenant Against Expends of Commission, State or Federal Funds for Lobbying. The Consultant c- that e best of his/ her knowledge and belief no state, federal or local agency as o• • fu `:a s have been paid, or will be paid by or on behalf of the Consultant to rs• or the purpose of influencing or attempting to influence an offic- plo of any state or federal agency; a Member of the State Legislature or ited `.tates ongress; an officer or employee of the Legislature or Congress; or e► a Member of the Legislature or Congress, in connection with the a d o state or federal contract, grant, loan, or cooperative agreement, or the e o " ation, renewal, amendment, or modification of any state or federal c• , 'act, gran' oa • r cooperative agreement. (a If . funds other than federal appropriated funds have been paid, or will be paid to an n for the purpose of influencing or attempting to influence an officer or employee of ny federal agency; a Member of Congress; an officer or employee of Congress, or an employee of a Member of Congress; in connection with this Agreement, the Consultant shall complete and submit the attached Exhibit "F", Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with the attached instructions. (b) The Consultant's certification provided in this Section is a material representation of fact upon which reliance was placed when this Agreement was entered into, and is a prerequisite for entering into this Agreement pursuant to Section 1352, Title 31, US. Code. Failure to comply with the restrictions on expenditures, or the disclosure and certification requirements set forth in Section 1352, Title 31, US. Code may result in a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. 26 823 (c) The Consultant also agrees by signing this Agreement that he/she shall require that the language set forth in this Section 3.23.7 be included in all Consultant subcontracts which exceed $100,000, and that all such subcontractors shall certify and disclose accordingly. 32.8 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 33. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be li ited to, all activities related to initial employment, upgrading, demotion, transfer ecruitment or recruitment advertising, layoff or termination. 34. Right to Employ Other Consultant ommis reserves the right to employ other consultants in connection with the ject 35. Governing Law. This Agreement sh e governed by and construed with the laws of the State of California. Venue shall be in Riverside County. 36. Disputes; Attorneys' Fees. 36.1 Prior to commencing anjaction hereunder, the Parties shall attempt in good faith to resolve any dispute arising between them. The pendency of a dispute shall not excuse Consultant from full and timely performance of the Services. 36.2. If the Parties are unable to resolve a dispute after attempting in good faith to do so, the Parties may seek any other available remedy to resolve the dispute. If either Party commences an action against the other Party, either legal, administrative or otherwise, arising out of or in connection with this Agreement, the prevailing Party in such litigation shall be entitled to have and recover from the losing Party reasonable attorneys' fees and, all other costs of such actions. 37. Time of Essence. Time is of the essence for each and every provision of this Agreement. 38. Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 39. Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 27 824 CONSULTANT: R.P. Laurain & Associates, Inc. 3353 Linden Avenue, Suite 200 Long Beach, CA 90807 Attn: John P. Laurain COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. mail, first class postage prepaid, and addressed to the Party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 40. Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 41. Amendment or Modification. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 42. Entire Agreement. This Aceement contains the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior negotiations, agreements or understandings. 43. Invalidity; Sev bilit y pBftion of this Agreement is declared invalid, illegal, or otherwise unenforceableby a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 44. Provisions Applicable When State Funds or Federal Funds Are Involved. When funding for the Services under a Task Order is provided, in whole or in part, from FHWA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "C" (FHWA/Caltrans requirements) attached hereto and incorporated herein by reference. When funding for the Services under a Task Order is provided, in whole or in part, from the FTA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "D" (FTA Requirements) attached hereto and incorporated herein by reference. 45. Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not limited to, the indemnification and confidentiality obligations, shall survive any such expiration or termination. 46. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 28 825 47. Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 48. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 49. Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall coope ate with the Commission in responding to the subpoena or court order. 50. Assignment or Transfer. Consultant all assign, hypothecate, or transfer, either directly or by operation of law, t Agreem`_«o;.or any interest herein, without the prior written consent of the Commi n. y atte to do so shall be null and void, and any assignees, hypothecates or shall acquire no right or interest by reason of such attempted assignment, hypoth: on or transfer. 51. Successors and Assigns. successors and assigns of the parties, a the prior written consent of Co ent shall be binding on the e assigned by Consultant without 52. Incorporation itals set forth above are true and correct and are incorporated into this 53. No W compliance with a waiver of such term, rights or powers hereu relinquishment of such oth ment a though fully set forth herein. mmission to insist on any one occasion upon strict covenants or conditions hereof shall not be deemed a condition, nor shall any waiver or relinquishment of any any one time or more times be deemed a waiver or right or power at any other time or times. 54. Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. [Signatures on following page] 29 826 SIGNATURE PAGE TO PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING/ASSISTANCE IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Anne Mayer Executive Director Approved as to Form: By: Best, Best & Krieger General Counsel CONSULTANT R.P. LAURAIN & ASSOCIATES, INC. By: Signature Name 1rTEST: By: Its: * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 30 827 EXHIBIT A SCOPE OF SERVICES The Riverside County Transportation Commission (Commission) is seeking one or more Consultants (Consultant or Appraiser) to provide right of way appraisal services for developed or undeveloped residential, commercial, industrial, agricultural and railroad properties. Consultant shall produce appraisal reports for full or partial acquisitions, easements, temporary construction easements, leased or licensed properties, and sale or disposition of excess/surplus properties, as required by the Commission. Services shall be provided on an on-call/as reeded basis in support of current and future Commission Projects, Measure A ''' ejects and projects done in partnership with other agencies, pursuant to Task Or sued in the sole discretion of the Commission. Task Orders shall be awarded through a ,dditi• .I qualify ation-based selection process. Such appraisal services may includ re ns imited to, the following work program and/or comply with applicable ► .elow: 1. Consultant shall prepare appraisals in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended, and implemented by 49 CFR Part 24; the State of California Government Code, the State of California Relocation Assistance and Real Property Acquisition Guidelines (Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.), the California Code of Civil Procedure, the Uniform Standards of Professional Appraisal Practice (USPAP), and in some cases, the Uniform Appraisal Standards for Federal Land Acquisition Act. Consultant must be licensed by the State of California. 2. Consultant shall prepare appraisals in accordance with the Uniform Appraisal Standards for Federal Land Acquisition ("Yellow Book"). Consultant must be licensed by the State of California. 3. Consultant must be qualified to provide expert witness testimony and defend the opinions or conclusions reached in the appraisal at any Administrative or Judicial proceeding. 4. Deliverables shall typically consist of three (3) originals of the completed appraisal report and one (1) electronic copy, specialty reports and component valuations which may be performed by someone other than Consultant and incorporated into the overall fair market valuation. Exhibit A 828 5. Consultant may be required to meet with and coordinate their efforts with Commission staff, Commission legal counsel, and other consultants or Caltrans staff; participate in office or project site meetings. 6. Appraisal reports may be reviewed for acceptance and approval by Commission's review appraisers and Caltrans. Revisions may be required by reason of this review process. Consultants may be requested to complete and deliver revised and/or updated appraisals. In the event of non -acceptance due to errors or omissions, Consultant shall have fifteen (15) calendar days to make corrections and return the revised appraisals to the review appraiser. 7. For proposed acquisitions, the owner of the real property or a designated representative will be invited by the Appraiser to .:.company the Appraiser during the inspection of the property. This invit. u= must be in the form of a letter entitled "Notice to Appraise" written ;�;�%� Appraiser to the owner. A copy of the invitation will be included in app al report. 8. It is the Appraiser's responsibility engineers for discussion and/or cla Manner Proposed. This is critical in the easements where the Apprais engineering information to comp 9. The highest and best determined and su and best use of th supported. If t based, the that the p use and the the C mmission's project of the Construction in the aisal of partial acquisitions and oss sections or other project operty in the before condition must be I acquisition is involved, the highest after condition must be determined and use is not the premise on which the valuation is tain an explanation justifying the determination and adaptable for a different highest and best for that use in the market. 10. Where the acqui '` ''. involves only a part (or portion) of the property, the Appraiser win estimate any severance damages and special benefits to the remainder, including reasoning and market data to support the opinion or conclusion. The Appraiser will indicate if the remainder constitutes an economic or uneconomic unit in the market and/or to the present owner. 11. The California Eminent Domain Law will be followed in partial acquisitions. Special benefits are to be offset only against damages to the remainder in accordance with the law. 12. Appraisal for easement acquisitions will reflect the restrictive elements of the easement to be acquired and the potential effect of such elements on the utility of the property considering its highest and best use. Full details with respect to any interference with the highest and best use of the property affected must be explained and supported. Exhibit A 829 13. The Appraiser must estimate and support the economic rent, state the contract rent and the remaining term of the lease as of the date of value. Lessor and lessee responsibilities for paying major expenses, e.g., taxes, insurance and maintenance shall be included. 14. Appraiser shall itemize in detail the "improvements pertaining to realty" (Eminent Domain Law-CCP Section 1263.205) showing their replacement cost new, depreciated value in place, salvage value if any, and relocation estimate. To the extent possible, determine the ownership claims of the Improvements Pertaining to the Realty. 15. In cases where the Appraisal Assignment requ (Furniture, Fixtures, Machinery and Equipmen (title, survey, soils, engineering), Appraise Commission's On -Call Consultants for suc prior approval for any others. Fees Consultants for Specialty Appraisal directly by the Commission. es a Specialty Appraisal nd/or Specialists Reports II utilize the services of or obtain Commission's y mmission's On -Call alist`' . eports shall be paid 16. It is the Appraiser's responsibility to thoroughly review the Specialty Appraisal for adoption (with adjustments or not, as appropriate) and inclusion in the overall appraisal. The estimated values that the specialty items contribute to the overall value of the real estate will be separately stated but included in the total value of the property. 17. If any legal iss request leg legal cou 18. It is the Appra if necessary, for property. during the appraisal assignment, Appraiser shall al opinions shall be rendered by Commission's onsibility to contact the Commission's legal counsel, ssion and/or clarification in identifying personal or real 19. If hazardous waste is discovered on the property, Appraiser shall seek further direction from the Commission. Exhibit A 830 EXHIBIT "B" COMPENSATION SUMMARY FIRM PROJECT TASKS/ROLE COST Prime Consultant: R.P. Laurain & Associates, Inc. Right of Way Appraisal Services $ 1,000,000.00 Sub Consultants: TOTAL TS d. 1,000,000.00 1 Commission authorization pertains to total contract award amo the maximum total compensation authorized may not be exceede stments between consultants may occur; however, 831 EXHIBIT "C" FEDERAL DEPARTMENT OF TRANSPORTATION FHWA AND CALTRANS REQUIREMENTS 1. NONDISCRIMINATION & STATEMENT OF COMPLIANCE. A. Consultant's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that CONSULTANT has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. B. During the performance of this Agreement, Consultant and its subconsultants shall not deny the Agreement's benefits to any person on the b is of race, religious creed, color, national origin, ancestry, physical disability, men genetic information, marital status, sex, gender, gende sexual orientation, or military and veteran status, n harass, or allow harassment against any employ of race, religious creed, color, national on •'`' anc disability, medical condition, genetic informati identity, gender expression, age, sexual orient Consultant and its subconsultants shall employees and applicants for employ harassment. C. Consultant and its s Employment and Housing A promulgated thereunde 11139.5, and any re article. The applic implementing Gov. into this Agreement by hall r applican isability, medical condition, ty, gender expression, age, unlawfully discriminate, employment because try, phy ical disability, mental ital status, sex, gender, gender , or military and veteran status. valuation and treatment of their from such discrimination and I comply with the provisions of the Fair 12990 et seq.), the applicable regulations 000 et seq.), the provisions of Gov. Code §§11135- dards adopted by Commission to implement such the Fair Employment and Housing Commission (a -f), set forth 2 CCR §§8100-8504, are incorporated and made a part hereof as if set forth in full. D. Consultant shall permit access by representatives of the Department of Fair Employment and Housing and the Commission upon reasonable notice at any time during the normal business hours, but in no case less than twenty-four (24) hours' notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Commission shall require to ascertain compliance with this clause. E. Consultant and its subconsultants shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. F. If this Agreement is federally funded, the Consultant shall comply with regulations relative to Title VI (nondiscrimination in federally -assisted programs of the Department of Transportation — Title 49 Code of Federal Regulations, Part 21 - Effectuation of Title VI Exhibit C-1 17336.00023\34328429.1 832 of the 1964 Civil Rights Act). Title VI provides that the recipients of federal assistance will implement and maintain a policy of nondiscrimination in which no person in the state of California shall, on the basis of race, color, national origin, religion, sex, age, disability, be excluded from participation in, denied the benefits of or subject to discrimination under any program or activity by the recipients of federal assistance or their assignees and successors in interest. G. If this Agreement is federally funded, Consultant shall comply with regulations relative to non-discrimination in federally -assisted programs of the U.S. Department of Transportation (49 CFR Part 21 - Effectuation of Title VI of the Civil Rights Act of 1964). Specifically, the Consultant shall not participate either directly or indirectly in the discrimination prohibited by 49 CFR §21.5, including employment practices and the selection and retention of subconsultants. H. Consultant and its subconsultants will never exclude a._; person from participation in, deny any person the benefits of, or otherwise discriminate •ainst anyone in connection with the award and performance of any contract co,, d b CFR 26 on the basis of race, color, sex, or national origin. In administers t i he Com on components of the DBE Program plan, Consultant and its sub suit will n•`'; directly, or through contractual or other arrangements, use criteria effect of defeating or substantially impairing acco Program plan with respect to individuals ds of administration that have the hment of the objectives of the DBE ce, color, sex, or national origin. I. Consultant shall include the ' • disc 1', tion nd compliance provisions of this section in all subcontracts to p- :�1�11r, ' ork • er this Agreement. 2. DEBARMENT AND SUS FICATION CONSULTANT's si perjury under the Title 2 CFR, Part 1 and Suspension (nonp therewith in the capacity under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency; has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have a proposed debarment pending; and has not been indicted, convicted, or had a civil judgment rendered against it by a court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years. Any exceptions to this certification must be disclosed to COMMISSION. ein, shall constitute a certification under penalty of o California, that CONSULTANT has complied with idelines to Agencies on Government wide Debarment t)", which certifies that he/she or any person associated ner, partner, director, officer, or manager, is not currently B. Exceptions will not necessarily result in denial of recommendation for award, but will be considered in determining CONSULTANT responsibility. Disclosures must indicate to whom exceptions apply, initiating agency, and dates of action. Exhibit C-2 17336.00023\34328429.1 833 C. Exceptions to the Federal Government Excluded Parties List System maintained by the General Services Administration are to be determined by the Federal highway Administration. 3. DISCRIMINATION; CONTRACT ASSURANCE The Commission shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any DOT -assisted contract or in the implementation of the Caltrans DBE program or the requirements of 49 CFR Part 26. The Commission shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of DOT -assisted contracts. Consultant or subcontractor shall not discriminate on the basis of race, color, national origin, of sex in the performance of this Agreement. Con tant or subcontractor shall carry out applicable requirements of 49 CFR Part 26 an e Caltrans DBE program in the award and administration of DOT -assisted cont ;,.as further set forth below. Failure by the Consultant or subcontractor to carry thes. ' quirements is a material breach of this Agreement, which may result in th; 1 rmination . is Agreement or such other remedy, as the Commission deems appr• late. Failure by the Consultant to carry out these req contract, which may result in the termin this c recipient deems appropriate, which may (1) Withholding monthly progre (2) Assessing sanctions; (3) Liquidated damages; an (4) Disqualifying Consu ments is a material breach of this act or such other remedy as the s of limited to: %l Jure proposing as non -responsible Consultant or subcons► , t .II pay to any subconsultant, not later than fifteen (15) days after receipt of each egress payment, unless otherwise agreed to in writing, the respective amounts allowed Consultant on account of the work performed by the subconsultants, to the extent of each subconsultant's interest therein. In the event that there is a good faith dispute over all or any portion of the amount due on a progress payment from Consultant or subconsultant to a subconsultant, Consultant or subconsultant may withhold no more than 150 percent of the disputed amount. Any violation of this requirement shall constitute a cause for disciplinary action and shall subject the Consultant or subconsultant to a penalty, payable to the applicable subconsultant, of 2 percent of the amount due per month for every month that payment is not made. In any action for the collection of funds wrongfully withheld, the prevailing party shall be entitled to his or her attorney's fees and costs. The sanctions authorized under this Exhibit C-3 17336.00023\34328429.1 834 requirement shall be separate from, and in addition to, all other remedies, either civil, administrative, or criminal. This clause applies to both DBE and non -DBE subconsultants. 5. RELEASE OF RETAINAGE No retainage will be held by the Commission from progress payments due to Consultant. Consultant and subconsultants are prohibited from holding retainage from subconsultants. Any delay or postponement of payment may take place only for good cause and with the Commission's prior written approval. Any violation of these provisions shall subject Consultant or the violating subconsultant to the penalties, sanctions, and other remedies specified in Section 3321 of the California Civil Code. This requirement shall not be construed to limit or impair any contractual, administrative or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consulta deficient subconsultant performance and/or noncompliance by a subconsultant. T clause applies to both DBE and non -DBE subconsultants. 6. LEGAL REMEDIES In addition to those contract remedies set forth under relevant provisions of California law, either Party to this Agreement may, where applicable, seek legal redress for violations of this Agreement pursuant to the relevant provisions of 49 C.F.R. Parts 23 and 26, to the relevant federal or state statutory provisions governing civil rights violations, and to the relevant federal and state provisions governing false claims or "whistleblower" actions, as well as any and all other applicable federal and state provisions of law. The Consultant shall include a provision to this effect in each of its agreements with its subcontractors. 7. DBE PARTICIPATION Caltrans has developed a statewide DBE program pursuant to 49 C.F.R. Part 26. The requirements and procedures, as applicable, of the Caltrans DBE program are hereby incorporated by reference into this Agreement. Even if no DBE participation will be reported, Consultant shall complete any Caltrans required DBE reporting forms, as provided by the Commission, in compliance with the Caltrans DBE program, and a final utilization report in the form provided by the Commission. A. This Agreement is subject to Title 49, Part 26 of the Code of Federal Regulations entitled "Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs." Consultants who enter into a federally - funded agreement will assist the Commission in a good faith effort to achieve California's statewide overall DBE goal. B. This Agreement does not have a DBE goal, but DBE goals may be included as part of each Task Order request for proposals. Participation by DBE Consultant or Exhibit C-4 17336.00023\34328429.1 835 subconsultants for an FHWA funded Task Order shall be in accordance with the information contained in the Consultant Contract DBE Commitment form (Caltrans LAPM Forms Exhibit 10-01) to be submitted with the relevant Task Order proposal. If a DBE subconsultant is unable to perform, the Consultant must make a good faith effort to replace him/her with another DBE subconsultant, if the goal is not otherwise met. A DBE is a firm meeting the definition of a DBE as specified in 49 CFR. C. All DBE participation will count toward the Caltrans federally mandated statewide overall DBE goal. Credit for materials or supplies Consultant purchases from DBEs counts towards the goal in the following manner: • 100 percent counts if the materials or supplies are obtained from a DBE manufacturer. • 60 percent counts if the materials or supplies are chased from a DBE regular dealer. • Only fees, commissions, and charges for istan• in the procurement and delivery of materials or supplies count if obt from ' BE that is neither a manufacturer nor regular dealer. 49 CFR 2• def'° -s "man+"'acturer" and "regular dealer." D. DBE and other small businesse• as • ed in Title 49 CFR, Part 26 are encouraged to participate in the perform: - • - ents financed in whole or in part with federal funds. The Consulta ubre t or ubconsultant shall not discriminate on the basis of race, color, nat . ',• in, • sex in the performance of this Agreement. The Consultant shall carry o r"'.ppli le re• 'rements of 49 CFR, Part 26 in the award and administration of US D• -ements. Failure by the contractor to carry out these requirements ;r a `' .I breach of this Agreement, which may result in the termination of this A other remedy as the Commission, Caltrans or the Department of Tra ortation . -ms appropriate. E. Any subcontract er-- nto as a result of this Agreement shall contain all of the provisions of this section. F. A DBE may be terminated only as further set forth in Section 13 below. 8. DBE PARTICIPATION GENERAL INFORMATION It is Consultant's responsibility to be fully informed regarding the requirements of 49 CFR, Part 26, and the Caltrans DBE program. Particular attention is directed to the following: A. A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime contractor, subcontractor, joint venture partner, as a vendor of material or supplies, or as a trucking company. Exhibit C-5 17336.00023\34328429.1 836 C. A DBE joint -venture partner must be responsible for specific contract items of work or clearly defined portions thereof. Responsibility means actually performing, managing and supervising the work with its own forces. The DBE joint venture partner must share in the capital contribution, control, management, risks and profits of the joint -venture commensurate with its ownership interest. D. A DBE must perform a commercially useful function, pursuant to 49 CFR 26.55 that is, must be responsible for the execution of a distinct element of the work and must carry out its responsibility by actually performing, managing and supervising the work, as more fully described in section 9 below. E. The Consultant shall list only one subcontractor for each portion of work as defined in the Consultant's bid/proposal and all DBE subcontrac,.., s should be listed in the Consultant's bid/cost proposal list of subcontractors. F. A Consultant who is a certified DBE is ell Agreement toward the DBE participation except by non -DBE subcontractors. to all of the work in the portion o work to be performed G. Consultant shall notify the Commission's tract administrator or designated representative of any changes to its a ,; ,, -d D:i °:.articipation prior to starting the affected work. 9 . COMMERCIALLY USE A. A DBE performs a co of the work of the Agree managing, and supe the DBE must als Agreement, for nego and installing (where a a DBE is performing a subcontracted, industry practices; whether the amount the firm is to be paid under the Agreement is commensurate with the work it is actually performing, and other relevant factors. unction when it is responsible for execution carrying out its responsibilities by actually performing, volved. To perform a commercially useful function, ith respect to materials and supplies used on the determining quality and quantity, ordering the material, and paying for the material itself. To determine whether mercially useful function, evaluate the amount of work B. A DBE does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, Agreement, or project through which funds are passed in order to obtain the appearance of DBE participation. In determining whether a DBE is such an extra participant, examine similar transactions, particularly those in which DBEs do not participate. C. If a DBE does not perform or exercise responsibility for at least thirty percent of the total cost of its Agreement with its own work force, or the DBE subcontracts a greater portion of the work of the Agreement than would be expected on the basis of normal Exhibit C-6 17336.00023\34328429.1 837 industry practice for the type of work involved, it will be presumed that it is not performing a commercially useful function. 10. DBE CERTIFICATION AND DE -CERTIFICATION STATUS If a DBE subcontractor is decertified before completing its work, the decertified subcontractor shall notify the Contractor in writing with the date of de -certification. If a subcontractor becomes a certified DBE during the life of the Agreement, the subcontractor shall notify the Contractor in writing with the date of certification. Any changes should be reported to the Commission's Contract Administrator within 30 days. 11. DBE RECORDS A. The Contractor shall maintain records of materials all subcontracts entered into with certified DBEs. The business address of each DBE subconsultant, DBE and the total dollar amount actually paid each b shall show the date of payment and the total Contractors shall also show the date of work pe corresponding dollar value of the work. chased and/or supplied from s shall show the name and dor, d DBE trucking company ess rega '•" ` s of tier. The records fi re paid `'• all firms. DBE prime y their own forces along with the In addition to all other requirements, Con to c•' plete and submit, on a monthly basis, the Monthly DBE Payment • (C. Ex •it 9-F of Chapter 9 of the LAPM). B. Upon completion of t and submitted on the most c Disadvantaged Busine the LAPM), certifi representative an the final invoice. Fai will result in the Commi will be returned to the mmary of these records shall be prepared e form entitled, "Final Report -Utilization of (DBE)," CEM- 2402F (Exhibit 17-F in Chapter 17 of he Contractor or the Contractor's authorized to the Commission's Contract Administrator with e the summary of DBE payments with the final invoice holding $10,000 until the form is submitted. This amount tractor when a satisfactory "Final Report Utilization of Disadvantaged Business Enterprises (DBE)" is submitted to the Commission's Contract Administrator. a. Prior to the fifteenth of each month, the Contractor shall submit documentation to the Commission's Contract Administrator showing the amount paid to DBE trucking companies. The Contractor shall also obtain and submit documentation to the Commission's Contract Administrator showing the amount paid by DBE trucking companies to all firms, including owner -operators, for the leasing of trucks. If the DBE leases trucks from a non -DBE, the Contractor may count only the fee or commission the DBE receives as a result of the lease arrangement. b. The Contractor shall also submit to the Commission's Contract Administrator documentation showing the truck number, name of owner, California Highway Patrol CA Exhibit C-7 17336.00023\34328429.1 838 number, and if applicable, the DBE certification number of the truck owner for all trucks used during that month. This documentation shall be submitted on the Caltrans "Monthly DBE Trucking Verification," CEM-2404(F) form provided to the Contractor by the Commission's Contract Administrator. 12. REPORTING MATERIAL OR SUPPLIES PURCHASED FROM DBEs When Reporting DBE Participation, Material or Supplies purchased from DBEs may count as follows: A. If the materials or supplies are obtained from a DBE manufacturer, 100 % of the cost of the materials or supplies will count toward the DBE participation. A DBE manufacturer is a firm that operates or maintains a factory or establishment that produces on the premises, the materials, supplies, articles, or equipment required under the Agreement and of the general character described by the specifications. B. If the materials or supplies purchased from a DBE regular dealer, count 60 % of the cost of the materials or supplies toward DBE goals. A DBE regular dealer is a firm that owns, operates or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the Agreement, are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a DBE regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a DBE regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone or asphalt without owning, operating or maintaining a place of business provided in this section. C. If the person both owns and operates distribution equipment for the products, any supplementing of regular dealers' own distribution equipment, shall be by a long-term lease agreement and not an ad hoc or Agreement -by -Agreement basis. Packagers, brokers, manufacturers' representatives, or other persons who arrange or expedite transactions are not DBE regular dealers within the meaning of this section. D. Materials or supplies purchased from a DBE, which is neither a manufacturer nor a regular dealer, will be limited to the entire amount of fees or commissions charged for assistance in the procurement of the materials and supplies, or fees or transportation charges for the delivery of materials or supplies required on the job site, provided the fees are reasonable and not excessive as compared with fees charged for similar services. 13. TERMINATION AND SUBSTITUTION OF DBE SUBCONSULTANTS Consultant shall utilize the specific DBEs listed to perform the work and supply the materials for which each is listed unless Consultant or DBE subconsultant obtains the Commission's written consent. Consultant shall not terminate or substitute a listed DBE for convenience and perform the work with their own forces or obtain materials from other Exhibit C-8 17336.00023\34328429.1 839 sources without authorization from the Commission. Unless the Commission's consent is provided, the Consultant shall not be entitled to any payment for work or material unless it is performed or supplied by the listed DBE on the attached Consultant Contract DBE Commitment form. The Commission authorizes a request to use other forces or sources of materials if Consultant shows any of the following justifications: 1. Listed DBE fails or refuses to execute a written contract based on plans and specifications for the project. 2. The Commission stipulated that a bond is a condition of executing the subcontract and the listed DBE fails to meet the Commission's bond requirements. 3. Work requires a consultant's license and liste•; ! BE does not have a valid license under Contractors License Law. 4. Listed DBE fails or refuses to perform the furnish the listed materials (failing or refusing to perform is not an abl= ' -ason to remove a DBE if the failure or refusal is a result of bad, h or discr ration). 5. Listed DBE's work is unsatisfacto d no compli ce with the contract. 6. Listed DBE is ineligible to work o oject because of suspension or debarment. 7. Listed DBE becomes bankr 8. Listed DBE voluntarily withdr.; • . ` t notice from the Agreement. 9. Listed DBE is ineligibl- :• rece '- edit .r the type of work required. 10. Listed DBE owner r be, mes disabled resulting in the inability to perform the wor 11. The Commission r documented good cause. Consultant shall no sources and provi and advise Consulta sources of materials sh BE of the intent to use other forces or material rovide the DBE with 5 days to respond to the notice mmission of the reasons why the use of other forces or ccur. Consultant's request to use other forces or material sources must include: 1. One or more of the reasons listed in the preceding paragraph. 2. Notices from Consultant to the DBE regarding the request. 3. Notices from the DBEs to Consultant regarding the request. If a listed DBE is terminated or substituted, Consultant must make good faith efforts to find another DBE to substitute for the original DBE. The substitute DBE must perform at least the same amount of work as the original DBE under the contract to the extent needed to meet or exceed the DBE goal. 14. DEBARMENT, SUSPENSION AND OTHER INELIGIBILITY AND VOLUNTARY EXCLUSION Exhibit C-9 17336.00023\34328429.1 840 In accordance with 49 CFR Part 29, which by this reference is incorporated herein, Consultant's subconsultants completed and submitted the Certificate of subconsultant Regarding Debarment, Suspension and Other Ineligibility and Voluntary Exclusion as part of the Consultant's proposal. If it is later determined that Consultant's subconsultants knowingly rendered an erroneous Certificate, the Commission may, among other remedies, terminate this Agreement. 15. ENVIRONMENTAL COMPLIANCE A. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000). B. Mandatory standards and policies relating to energ ncy which are contained in the state energy conservation plan issued in cones nce ; ', the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871). 16. NATIONAL LABOR RELATIONS BOARD C In accordance with Public Contract Code Consultant certifies under penalt perj finding of contempt of court by the immediately preceding t an order of a federal court th Labor Relations Board. 17. FUNDING REQ It is mutually understoo n the Parties that this Agreement may have been written before ascertaining the ability of funds or appropriation of funds, for the mutual benefit of both Parties, in order to avoid program and fiscal delays that would occur if the Agreement were executed after that determination was made. 915, and by signing this Agreement, at n. more than one final unappealable has been issued against Consultant within ause of Consultant's failure to comply with ant to comply with an order of the National This Agreement is valid and enforceable only if sufficient funds are made available to Commission for the purpose of this Agreement. In addition, this Agreement is subject to any additional restrictions, limitations, conditions, or any statute enacted by the Congress, State Legislature, or Commission governing board that may affect the provisions, terms, or funding of this Agreement in any manner. It is mutually agreed that if sufficient funds are not appropriated, this Agreement may be amended to reflect any reduction in funds. Exhibit C-10 17336.00023\34328429.1 841 EXHIBIT D FTA FUNDING REQUIREMENTS (Non-construction/maintenance work) As used herein, "RCTC" shall have the same meaning as the "Commission." The term "contract" or "Contract" shall have the same meaning as the "Agreement." 1. No Obligation by the Federal Government a. RCTC and Consultant acknowledge and agree that, notwithstanding any concurrence by the Federal Government in or approval of the solicitation or award of the underlying contract, absent the express written consent by the Federal Government, the Federal Government is not a party to this contract and shall not be subject to any obligations or liabilities to the Purchaser, Consultant, or an ether party (whether or not a party to that contract) pertaining to any matter resultin• " .m the underlying contract. b. The Consultant agrees to include the above;;., . use i .ch subcontract financed in whole or in part with Federal assistance provi•. 'by FTA. I urther agreed that the clause shall not be modified, except to identif a su• •nsultan who will be subject to its provisions. 2. Program Fraud and False or Fr• � _ •t St• ents or Related Acts a. The Consultant acknowle pro isions of the Program Fraud Civil Remedies Act of 1986, as en► d, 3 U.S.C. § 3801 et seq. and U.S. DOT regulations, "Program Frau ' 49 C.F.R. Part 31, apply to its actions pertaining to this Project. U. • - • _ .f the underlying contract, the Consultant certifies or affirms th and accuracy of any statement it has made, it makes, it may mak ; .r ca► s e made, pertaining to the underlying contract or the FTA assisted • __'ect for w h t is contract work is being performed. In addition to other penalties that licable, the Consultant further acknowledges that if it makes, or causes to r .e, a false, fictitious, or fraudulent claim, statement, submission, or certificatio e Federal Government reserves the right to impose the penalties of the Program Fraud Civil Remedies Act of 1986 on the Consultant to the extent the Federal Government deems appropriate. b. The Consultant also acknowledges that if it makes, or causes to be made, a false, fictitious, or fraudulent claim, statement, submission, or certification to the Federal Government under a contract connected with a project that is financed in whole or in part with Federal assistance originally awarded by FTA under the authority of 49 U.S.C. § 5307, the Government reserves the right to impose the penalties of 18 U.S.C. § 1001 and 49 U.S.C. § 5307(n)(1) on the Consultant, to the extent the Federal Government deems appropriate. c. The Consultant agrees to include the above two clauses in each subcontract financed in whole or in part with Federal assistance provided by FTA. It is further agreed FTA Requirements- Page 1 842 that the clauses shall not be modified, except to identify the subconsultant who will be subject to the provisions. 3. Access to Records The Consultant agrees to the following access to records requirements: a. To provide RCTC, the FTA Administrator, the Comptroller General of the United States or any of their authorized representatives access to any books, documents, papers and records of the Consultant which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts and transcriptions. Consultant also agrees, pursuant to 49 C. F. R. 633.17 to provide the FTA Administrator or his authorized representatives including any PMO Consultant access to Consultant's records and construction sites pertaining to a major capital oject, defined at 49 U.S.C. 5302(a)1, which is receiving federal financial assis ce through the programs described at 49 U.S.C. 5307, 5309 or 5311. b. To make available in the case of a contra as defined above and awarded by other than pe U.S.C. 5325(a), records related to the Transportation and the Comptroller General or any of them for the purposes of conduct - -udit c. To maintain all books, reco for a period of not less than thr contract, except in the ev performance of this contrac RCTC, the FTA Admin. representatives, ha related thereto. R d. To permit any o to copy excerpts and tran 4. Federal Changes r a capit oject or improvement, ti ' - biddin n accordance with 49 to RCTC, the Secretary of authorized officer or employee of inspection. an• eports required under this contract the date of termination or expiration of this settlement of claims arising from the Consultant agrees to maintain same until Comptroller General, or any of their duly authorized 11 such litigation, appeals, claims or exceptions 1 "•.39(i)(11). oing parties to reproduce by any means whatsoever or bons as reasonably needed. The Consultant shall at all times comply with all applicable FTA regulations, policies, procedures and directives, including without limitation those listed directly or by reference in the Master Agreement between RCTC and FTA, as they may be amended or promulgated from time to time during the term of this contract. Consultant's failure to so comply shall constitute a material breach of this contract. 5. Civil Rights The following requirements apply to the underlying contract: FTA Requirements- Page 2 843 (1) Nondiscrimination - In accordance with Title VI of the Civil Rights Act, as amended, 42 U.S.C. § 2000d, section 303 of the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6102, section 202 of the Americans with Disabilities Act of 1990, 42 U.S.C. § 12132, and Federal transit law at 49 U.S.C. § 5332 and 49 CFR part 21, the Consultant agrees that it will not discriminate against any employee or applicant for employment because of race, color, creed, national origin, sex, age, or disability. In addition, the Consultant agrees to comply with applicable Federal implementing regulations and other implementing requirements FTA may issue. (2) Equal Employment Opportunity - The following equal employment opportunity requirements apply to the underlying contract: (a) Race, Color, Creed, National Origin, Sex - In ac , dance with Title VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, and F .)r=raI transit laws at 49 U.S.C. § 5332, the Consultant agrees to comply with a ' *licable equal employment opportunity requirements of U.S. Department of L. (U IOL) regulations, "Office of Federal Contract Compliance Program , qual ; oyment Opportunity, Department of Labor," 41 C.F.R. Parts 60 et + ., (_ •ich impl ent Executive Order No. 11246, "Equal Employment Opportunity, ended by Executive Order No. 11375, "Amending Executive Order 11246 Relati Equal Employment Opportunity," 42 U.S.C. § 2000e note), and with an able seral statutes, executive orders, regulations, and Federal policies that u` re affect construction activities undertaken in the course of the oject Co sultant agrees to take affirmative action to ensure that applican r- plo •d, and that employees are treated during employment, without regar lor, creed, national origin, sex, or age. Such action shall include, b o :: to, the following: employment, upgrading, demotion or transfer, r e r recruitment advertising, layoff or termination; rates of pay or other s • o nsation; and selection for training, including apprenticeship. In edition, t Co sultant agrees to comply with any implementing requirements FTA m (b) Age - In accor.` e with section 4 of the Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. § § 623, Federal transit law at 49 U.S.C. § 5332, the Equal Employment Opportunity Commission (U.S. EEOC) regulations, "Age Discrimination in Employment Act," 29 C.F.R. part 1625, the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6101 et seq., U.S. Health and Human Services regulations, "Nondiscrimination on the Basis of Age in Programs or Activities Receiving Federal Financial Assistance," 45 C.F.R. part 90, the Consultant agrees to refrain from discrimination against present and prospective employees for reason of age. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (c) Disabilities - In accordance with section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq., the Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., and Federal transit law at 49 U.S.C. § 5332, the Consultant FTA Requirements- Page 3 844 agrees that it will not discriminate against individuals on the basis of disability, and that it will comply with the requirements of U.S. Equal Employment Opportunity Commission, "Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act," 29 C.F.R. Part 1630, pertaining to employment of persons with disabilities. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (3) The Consultant also agrees to include these requirements in each subcontract financed in whole or in part with Federal assistance provided by FTA, modified only if necessary to identify the affected parties. 6. FTA Disadvantaged Business Enterprise (DBE) Requirements A. General DBE Requirements: In accordance with deral financial assistance agreements with the U.S. Department of Transportation S. DOT), Commission has adopted a Disadvantaged Business Enterprise Policy and Program, in conformance with Title 49 CFR Part 26, "Partici* ion isadvantaged Business Enterprises in Department of Transportation Pro R; i s" (the " ulations"). This RFP is subject to these stipulated regulations. In ord e that C mmission achieves its overall DBE Program goals and objectives, .ion encourages the participation of DBEs as defined in 49 CFR 26 in the oerform.° e of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission 1. Ensure nondiscrimination dministration of DOT -assisted contracts; 2. Create a level playin • o ! ich DBE's can compete fairly for DOT -assisted contracts; 3. Ensure that the D. .rogra s narrowly tailored in accordance with applicable law; 4. Ensure that only firm .t fully meet 49 C.F.R. part 26 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participation of DBEs in DOT assisted contracts; 6. To promote the use of DBEs in all types of federally assisted contracts and procurement activities; and 7. Assist in the development of firms that can compete successfully in the marketplace outside the DBE program. B. Discrimination: Consultant shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of subcontracts. Any terms used FTA Requirements- Page 4 845 herein that are defined in 49 CFR Part 26, or elsewhere in the Regulations, shall have the meaning set forth in the Regulations. C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race -Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no FTA DBE goal on this Project. Consultant shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Consultant shall adhere to race -neutral DBE participation commitment(s) made at the time of award. D. Race -Neutral DBE Submissions and Ongoin Award): At termination of the Contract, the succe submit to Commission a "DBE Race -Neutral Pa by Commission. In the event DBE(s) are utili Consultant shall comply with applicable reporti rting Requirements (Post- Co ��� tant shall complete and pation Lis in the form provided th :•erform:'` ce of the Agreement, ements. E. Performance of DBE Subconsult. ' ; E s •nsultants listed by Consultant in its "DBE Race -Neutral Participation Lis gig' t-': at the time of proposal shall perform the work and supply the terial hic they are listed, unless Consultant has received prior written auth• '' a 4 fro ommission to perform the work with other forces or to obtain the mat- .Is fr.. othe °.ources. Consultant shall provide written notification to Commission i t, er of any changes to its anticipated DBE participation. This noti - •ul.' , provided prior to the commencement of that portion of the work. F. DBE Certifica life of this Agreement, with the date of decertifi If a listed DBE subconsultant is decertified during the ertified subconsultant shall notify Consultant in writing n. If a non -DBE subconsultant becomes a certified DBE during the life of this Agreement, the DBE subconsultant shall notify Consultant in writing with the date of certification. Consultant shall furnish the written documentation to Commission in a timely manner. Consultant shall include this requirement in all subcontracts. G. Consultant's Assurance Clause Regarding Non -Discrimination: In compliance with State and Federal anti -discrimination laws, Consultant shall affirm that it will not exclude or discriminate on the basis of race, color, national origin, or sex in consideration of contract award opportunities. Further, Consultant shall affirm that they will consider, and utilize subconsultants and vendors, in a manner consistent with non-discrimination objectives. FTA Requirements- Page 5 846 H. Violations: Failure by the selected Consultant(s) to carry out these requirements shall be a material breach of the contract to be awarded pursuant to this RFP, which may result in the termination of the contract or such other remedy as the recipient deems appropriate, which may include, but is not limited to: (1) Withholding monthly progress payments; (2) Assessing sanctions; (3) Liquidated damages; and/or (4) Disqualifying the Consultant from future bidding as non -responsible. 49 C.F.R. § 26.13(b). I. Prompt Payment: Consultant shall pay its subconsultants for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Consultant. 49 C.F.R. § 26.29(a), unless a orter period is provided in the contract. J. Compliance with DBE Requirements Contained;;' TA comply with all DBE reporting and other requirem s contain visions: Consultant shall this Agreement. 7. Incorporation of Federal Transit Admini :=tion (FTA) Terms The preceding provisions include, required by DOT, whether or provisions. All contractual pr 4220.1F are hereby incor notwithstanding, all FTA ma conflict with other pro perform any act, fai which would caus andard Terms and Conditions forth in the preceding contract d by DOT, as set forth in FTA Circular nce. Anything to the contrary herein all be deemed to control in the event of a ained in this Agreement. The Consultant shall not ct, or refuse to comply with any RCTC requests ation of the FTA terms and conditions. 8. Debarment an • s • sion. The Consultant agrees to the following: (1) It will comply with the following requirements of 2 CFR Part 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR Part 1200. (2) It will not enter into any "covered transaction" (as that phrase is defined at 2 CFR §§ 180.220 and 1200.220) with any subconsultant whose principal is, suspended, debarred, or otherwise excluded from participating in covered transactions, except as authorized by— (i) U.S. DOT regulations, "Nonprocurement Suspension and Debarment," 2 CFR Part 1200; (ii) U.S. OMB regulatory guidance, "Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement)," 2 CFR Part 180; and (iii) Other applicable federal laws, regulations, or requirements regarding participation with debarred or suspended recipients or third party participants. FTA Requirements- Page 6 847 (3) It will review the U.S. GSA "System for Award Management — Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs," if required by U.S. DOT regulations, 2 CFR Part 1200. 9. ADA Access Requirements The Consultant shall comply with all applicable requirements of the Americans with Disabilities Act of 1990 (ADA), 42 USC Section 12101 et seq; Section 504 of the Rehabilitation Act of 1973, as amended, 29 USC Section 794; 49 USC Section 5301(d). 10. FIy America To the extent applicable to the Services, the Consultant agrees to comply with 49 U.S.C. 40118 (the "FIy America" Act) in accordance ,:,'th the General Services Administration's regulations at 41 CFR Part 301-10, wh' ;`' "provide that recipients and sub recipients of Federal funds and their consultants _ quired to use U.S. Flag air carriers for U.S. Government -financed international tra - -nd transportation of their personal effects or property, to the extent such rvice is able, unless travel by foreign air carrier is a matter of necessity, - efin • by the ly America Act. The Consultant shall submit, if a foreign air carrier -s •d, an appropriate certification or memorandum adequately explaining why servi ;•y a U.S. flag air carrier was not available or why it was necessary to u • s reig carrier and shall, in any event, provide a certificate of compliance with requirements. The Consultant agrees to include the requiremen of thi . - ion all subcontracts that may involve international air transportation. 11. Cargo Preference - ► of es -Flag Vessels To the extent applica• S- es, the Consultant agrees: 1. To use p •tely ow d United States -Flag commercial vessels to ship at least 50 pe . qt . e gross tonnage (computed separately for dry bulk carriers, dry c- liners, and tankers) involved, whenever shipping any equipment, material, or commodities pursuant to the underlying contract to the extent such vessels are available at fair and reasonable rates for United States -Flag commercial vessels; 2. To furnish within 20 working days following the date of loading for shipments originating within the United States or within 30 working days following the date of leading for shipments originating outside the United States, a legible copy of a rated, "on -board" commercial ocean bill -of -lading in English for each shipment of cargo described in the preceding paragraph to the Division of National Cargo, Office of Market Development, Maritime Administration, Washington, DC 20590 and to the FTA recipient (through the Consultant in the case of a subconsultant's bill -of -lading.) FTA Requirements- Page 7 848 3. To include these requirements in all subcontracts issued pursuant to this contract when the subcontract may involve the transport of equipment, material, or commodities by ocean vessel. 11. Buy America — Not applicable. 12. Employment Provisions To the extent applicable to the Services, Consultant shall comply with the following: A. Equal Employment Opportunity — Not applicable. B. Copeland "Anti -Kickback" Act (18 U.S.C. 874 and 40 U.S.C. 276c) — Not applicable. C. Contact Work Hours and Safety Standards Act 1 U.S.C. 327-333) —Not applicable. D. Release of Retainage No retainage will be withheld by the RCTC fm pr ess payments due Consultant. Retainage by Consultant or subconsultants is prohibited, and no retainage will be held by the prime consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consultant or defici nt subconsultant performance, or noncompliance by a subconsultant. 13. Termination nce RCTC may terminate the Feement for convenience in accordance with the terms of the Agreement. After such termination, the Consultant shall submit a final termination settlement proposal to RCTC as directed. If the Consultant fails to submit a proposal within the time allowed, RCTC may determine, on the basis of information available, the amount, if any due the Consultant because of the termination and shall pay the amount determined. After the Consultant's proposal is received, RCTC and Consultant shall negotiate a fair and equitable settlement and the contract will be modified to reflect the negotiated agreement. If agreement cannot be reached, RCTC may issue a final determination and pay the amount determined. If the Consultant does not agree with this final determination or the determination resulting from the lack of timely submission of a proposal, the Consultant may appeal under the Disputes clause. FTA Requirements- Page 8 849 14. Administrative and Contractual Remedies on Breach; Termination for Cause a.The Consultant may be declared in breach of this Agreement ("Breach") if the Consultant fails to make delivery of the supplies or to perform the services within the time specified herein or any extension thereof; or if the Consultant fails to perform any of the other provisions of the contract, or so fails to make progress as to endanger performance of this contract in accordance with its terms. In case of any of the foregoing, RCTC shall notify the Consultant of the Breach, and the Consultant shall have a period of ten (10) days (or such longer period as RCTC may authorize in writing) after receipt of notice from RCTC to cure the Breach. b. RCTC may, by written notice of termination to the Consultant specifying the effective date thereof, terminate the whole or any part of t .'a contract, in the case of a Breach that is not cured within the timeframe set forth in above ("Uncured Breach"). c. If the contract is terminated in whole or in may procure upon such terms and in such ma supplies or services similar to those so termi its own forces. The Consultant shall be liable similar supplies or services, and for any other co Uncured Breach. The Consultant shall extent not terminated under the provisio d. Except with respect to liable for any excess costs beyond the control and witho perform is caused by causes beyond the the fault or negli excess costs for fai the Subconsultant wer Consultant to meet the re for Uncured Breach, RCTC as RCT ay deem appropriate, ay com' ete the services with for any excess costs for such curred by RCTC as a result of the ormance of this contract to the bconsultants, the Consultant shall not be rform the contract arises out of causes gligence of the Consultant. If the failure to a Subconsultant, and if such default arises out of e Consultant and the Subconsultant, and without o hem, the Consultant shall not be liable for any m, unless the supplies or services to be furnished by ble from other sources in sufficient time to permit the d project completion schedule. e. Payment for completed services or supplies delivered to and accepted by RCTC shall be at the contract price. RCTC may withhold from amounts otherwise due the Consultant for such completed services or supplies such sum as RCTC determines to be necessary to protect RCTC against loss because of outstanding liens of claims of former lien holders, or to reimburse RCTC for any other costs related to the Uncured Breach. f. If, after notice of termination of this contract for cause, it is determined for any reason that an Uncured Breach did not exist, the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to the provisions for termination for convenience of RCTC. FTA Requirements- Page 9 850 g. The rights and remedies of RCTC provided in this clause shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance. h. Notwithstanding the above, RCTC may, without providing an opportunity to cure, terminate the contract in accordance with the timeframe set forth in Section 17 of the contract, if RCTC determines such action is in its best interest based on the nature of the Breach. Such actions shall not limit any of RCTC's remedies set forth above. 16. Disputes a. Except as otherwise provided in this Agreement, any dispute concerning a question of fact arising under this Agreement which is not disposed of by supplemental agreement shall be decided by RCTC's Deputy Executive Director, who sha duce the decision to writing and mail or otherwise furnish a copy thereof to the • Itant. The decision of the RCTC Deputy Executive Director shall be final an. wnclu unless, within thirty (30) days from the date of receipt of such copy, Co - ant mails . •therwise furnishes to the RCTC Deputy Executive Director a writte •pea -ddressew to RCTC's Executive Director. The decision of RCTC Executive Dire ► •uly authorized representative for the determination of such appeals shall be final a onclusive. b. The provisions of this Paragraph •e pleaded in any suit involving a question of fact arising under t gre- as miting judicial review of any such decision to cases where fraud s offi • I or his representative or board is alleged, provided, however, that any h de .ion s' I be final and conclusive unless the same is fraudulent or capricious o •' grossly erroneous as necessarily to imply bad faith or is not su• • -.- • ubstantial evidence. In connection with any appeal proceeding under th' . ara• h, Consultant shall be afforded an opportunity to be heard and to offer .ence in •po ` of its appeal. c. Pending final de • •n a dispute hereunder, Consultant shall proceed diligently with the performance of t greement and in accordance with the decision of RCTC's Deputy Executive Director. This "Disputes" clause does not preclude consideration of questions of law in connection with decisions provided for above. Nothing in this Agreement, however, shall be construed as making final the decision of any RCTC official or representative on a question of law, which questions shall be settled in accordance with the laws of the State of California. 17. Lobbying See the Byrd Anti -Lobbying Amendment, 31 U.S.C. 1352, as amended by the Lobbying Disclosure Act of 1995, P.L. 104-65 [to be codified at 2 U.S.C. § 1601, et seq.] - Consultants who apply or bid for an award of $100,000 or more shall file the certification required by 49 CFR part 20, "New Restrictions on Lobbying." Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to FTA Requirements- Page 10 851 pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal contract, grant or any other award covered by 31 U.S.C. 1352. Each tier shall also disclose the name of any registrant under the Lobbying Disclosure Act of 1995 who has made lobbying contacts on its behalf with non -Federal funds with respect to that Federal contract, grant or award covered by 31 U.S.C. 1352. Such disclosures are forwarded from tier to tier up to the recipient. The Offeror shall complete and submit with its bid/proposal the attached Certification Regarding Lobbying, and if applicable, the Standard Form-LLL, "Disclosure Form to Report Lobbying." 18. Energy Conservation The Consultant agrees to comply with mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act. 19. Clean Water a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. d. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 20. Clean Air a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. FTA Requirements- Page 11 852 b. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). c. The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 21. Recycled Products Recovered Materials - The Consultant agrees to co Section 6002 of the Resource Conservation and (42 U.S.C. 6962), including but not limited to th 247, and Executive Order 12873, as they apply to the procurement of the ite CFR Part 247. 21. SPECIAL PROVISION FO Section 49. Centers for Dise for Persons to Wear Mask (a) Compliance with C ("CDC") Order of J While on Conveya Agreement. One of operating transportatio all subconsultants to com 4hall the requirements of overy Act (RCRA), as amended gulatory provisions of 40 CFR Part designated in Subpart B of 40 ROMOTING COVID-19 SAFETY rol and Prevention Order on Requirements Conveyances and at Transportation Hubs. er. The Centers for Disease Control and Prevention 2121, titled Requirement for Persons to Wear Masks ansportation Hubs ("CDC Mask Order"), applies to this s of the CDC Mask Order is "[m]aintaining a safe and Consultant agrees that it will comply, and will require with the CDC Mask Order. (b) Enforcement for non-compliance. Consultant agrees that FTA and RCTC may take enforcement action for non-compliance with the CDC Mask Order, including: (1) enforcement actions authorized by 49 U.S.C. § 5329(g); (2) referring Consultant to the CDC or other Federal authority for enforcement action; (3) enforcement actions authorized by 2 CFR §§ 200.339 — .340; and (4) any other enforcement action authorized by Federal law or regulation. FTA Requirements- Page 12 853 22.Safe Operation of Motor Vehicles Pursuant to Federal Executive Order No. 13043, "Increasing Seat Belt Use in the United States," April 16, 1997, 23 U.S.C. Section 402 note, FTA encourages each third party consultant to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company owned, rented, or personally operated vehicles, and to include this provision in each third party subcontract involving the project. a. The Consultant is encouraged to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company -owned vehicles, company -rented vehicles, or personally operated vehicles. The terms "company -owned" and "company -leased" refer to vehicles owned or leased either by the Consultant or RCTC. The Consultant agrees to adopt and enforce workplace safety policies to decrease crashes caused by distracted drivers, including policies to ban text messaging while using an electronic device supplied by an employer, and driving a vehicle the driver owns or rents, a vehicle Contactor owns, leases, or rents, or a privately -owned vehicle when on official business in connection with the work performed under this contract. FTA Requirements- Page 13 854 EXHIBIT "E" CERTIFICATE OF CONSULTANT I HEREBY CERTIFY that I am the and duly authorized representative of the firm of whose address is , and that, except as hereby expressly stated, neither I nor the above firm that I represent have: (a) employed or retained for a commission, percentage, brokerage, contingent fee, or other consideration, any firm or person (other than a bona fide employee working solely for me or the above consultant) to solicit or secure this agreement; nor (b) agreed, as an express or implied condition f.:; ;obtaining this Agreement, to employ or retain the services of any firm or . on in connection with carrying out the agreement; nor (c) paid, or agreed to pay, to any firm, fide employee working solely f contribution, donation, or considera procuring or carrying out thi- .,•reeme nization or < on (other than a bona he above consultant) any fee, any kind for, or in connection with, acknowledge that this Certificat made available to the California Department of Transportation s) onnection with this agreement involving participation of Federal -aid Hi• ' ds, is subject to applicable State and Federal laws, both criminal and civil. Name Title Exhibit E-1 17336.00023\34328429.1 855 Local Assistance Procedures Manual EXHBIT 10-Q Disclosure of Lobbying Activities THIS FIRM HAS NEVER BEEN INVOLVED IN LOBBYING ACTIVITIES EXHIBIT 10-Q DISCLOSURE OF LOBBYING ACTIVITIES COMPLETE THIS FORM TO DISCLOSE LOBBYING ACTIVITIES PURSUANT TO 31 U.S.C. 1352 1. Type of Federal Action: 2. Status of Federal Action: a. contract b. grant c. cooperative agreement d. loan e. loan guarantee f. loan insurance ❑ a bid/offer/application b. initial award c. post -award 4. Name and Address of Reporting Entity nPrime nSubawardee Tier , if known Congressional District, if known 6. Federal Department/Agency: 8. Federal Action Number, if known: 10. Name and Address of Lobby Entity (If individual, last name, first name, MI) (attach Continua 12. Amount of Payment (check all that $ n actual 13. Form of Payment (check all 8 a. cash b. in -kind; s 3. Report Type: na. initial b. material change For Material Change Only: year quarter date of last report 5. If Reporting Entity in No. 4 is Subawardee, Enter Name and Address of Prime: Congression 'strict, if known 7. Federal am Name/Description: 1CF 1l/Numb�i applicable 9. and Amount, I wn: 11. Ind als Performing Services (inc, ding address if different from No. 10) Oast me, first name, MI) ry) pe of Payment (check all that apply) a. retainer b. one-time fee c. commission d. contingent fee e deferred f. other, specify 15. Brief Descriptio ervices Per med or to be performed and Date(s) of Service, including officer(s), employee i r mem s) contacted, for Payment Indicated in Item 12: 16. Continuation Sheet(s) attached: (attach Continuation Sheet(s) if necessary Yes pi 17. Information requested through this form is authorized by Title 31 U.S.C. Section 1352. This disclosure of lobbying reliance was placed by the tier above when his transaction was made or entered into. This disclosure is required pursuant to 31 U.S.C. 1352. This information will be reported to Congress semiannually and will be available for public inspection. Any person who fails to file the required disclosure shall be subject to a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. Federal Use Only: No T7 Signature: Print Name. Title: President Telephone No.: (562) 426-0477 Date: 10-19-2021 Authorized for Local Reproduction Standard Form - LLL Standard Form LLL Rev. 04-28-06 Distribution: Orig- Local Agency Project Files LPP 13-01 APPENEX X L - 1 Page 1 May 8, 2013 ATTACHMENT 5 Agreement No. 22-31-029-00 PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING ASSISTANCE RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT WITH SANTOLUCITO DORE GROUP, INC. FOR ON -CALL RIGHT OF WAY APPRAISAL SERVICES Parties and Date. This Agreement is made and entered into this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("the Commission") and SANTOLUCITO DORE GROUP, INC. ("Consultant"), a Corporation. The Commission and Consultant are sometimes r- red to herein individually as "Party", and collectively as the "Parties". Recitals. A. On November 8, 1988, the Voters of Ri side County approved Measure A authorizing the collection of a one-half percent (1/2 °/o) retail transactions and use tax (the "tax") to fund transportaf ; • rams and improvements within the County of Riverside, and adopting the versi County Transportation Improvement Plan (the "Plan"). B. Pursuant to Public Utility Code Sections 240000 et seq., the Commission is authorized to allocate the proceeds of the Tax in furtherance of the Plan. C. On November 5, 2002, the voters of Riverside County approved an extension of the Measure A tax for an additional thirty (30) years for the continued funding of transportation and improvements within the County of Riverside. D. A source of funding for payment for on -call professional appraisal services provided under this Agreement may be Federal Highway Administration ("FHWA") funds administered by the California Department of Transportation ("Caltrans"), and/or funds from the Federal Transit Administration ("FTA"). This Commission may withhold payment of any federal funds hereunder until the certification shown in Exhibit "F" attached hereto and incorporated herein by reference, is executed. E. Consultant desires to perform and assume responsibility for the provision of certain on -call right of way appraisal services for projects in the County of Riverside, California. Services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). Consultant 857 represents that it is experienced in providing such services to public clients, is licensed in the State of California (if necessary) and is familiar with the plans of the Commission. G. Commission desires to engage Consultant to render such services on an on -call basis. Services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein and in each Task Order (each such project shall be designated a "Project" under this Agreement). Terms. 1. General Scope of Services. Consultant shall furnish all technical and professional services, including labor, material, equipment, transportation, supervision and expertise, and incidental and customary work necessary to fully and adequately supply the on -call right of way appraisal services for the Services are generally described in Exhibit "A" attached by reference. The Services shall be more particularly Orders issued by the Commission's Executive Dire or be performed unless authorized by a fully exec . •" Task subject to, and performed in accordance with, 1i Agr-em the exhibits attached hereto and incorporate •' -re ;'y r local, state and federal laws, rules and regulation 2. Task Orders. Commencem under this Agreement shall be requeste requests. If Commission acce •,, sult issue a purchase order or e. uted :sk Order Authorization"). Con Order, Commission's Task Or Services shall indicat rojects ("Services"). The to and incorporated herein ribed in the individual Task ignee. No Services shall O All Services shall be ent, relevant Task Order, eference, and all applicable Schedule of Services. Services mission pursuant to Task Order s Task Order proposal, Commission shall er for the Services ("Commission's Task t to the final terms of a proposed Task uthoriza ion and Consultant's commencement of the reement to the terms of the relevant Task Order. Cons t shall mmence Services under a Task Order within five (5) days of receiving Co sion' , ask Order Authorization. Consultant sh I perform the Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3. Pre -Award Audit. As a result of the funding for this Project, and to the extent Caltrans procedures apply in connection therewith, issuance of a "Notice to Proceed" or other authorization to proceed under a Task Order may be contingent upon completion and approval of a pre -award audit. Any questions raised during the pre -award audit shall be resolved before Services are commenced under a Task Order. The funding provided under this Agreement is contingent on meeting all funding requirements and could be 3 858 withdrawn, thereby entitling the Commission to terminate this Agreement, if the procedures are not completed. The Consultant's files shall be maintained in a manner to facilitate State process reviews. In addition, Caltrans may require that prior to performance of any work for which funding reimbursement through Caltrans is requested and provided, that Caltrans must give to Commission an "Authorization to Proceed". 4. Audit Procedures. 4.1 Consultant and certain subconsultant contracts, including cost proposals and ICR, are subject to audits or reviews such as, but not limited to, a contract audit, an incurred cost audit, an Independent Cost Review (ICR) Audit, or a CPA ICR audit work paper review. If selected for audit or review, this Agreement, Consultant's cost proposal and ICR and related work papers, if applicable, will be reviewed to verify compliance with 48 CFR, Part 31 and other related laws and egulations. In the instances of a CPA ICR audit work paper review it is Consultant's r state, or local government officials are allowed full a including making copies as necessary. This Agreem ICR shall be adjusted by Consultant and app manager to conform to the audit or review r individual terms of costs identified in the a Agreement by this reference if directed by Com Consultant to incorporate audit or revie •mme state or local governments have access of the Agreement terms and cause for to of prior reimbursed costs. Ad set forth in Sections 22 and Section 4.2 and 4.3 shall a source. 4.2 by the Consultant's in toward a resolution of i best efforts to resolve an onsibility to ensure federal, to the CPA's work papers C• Itant's cost proposal, and by t Commission's contract dations. "-`onsultant agrees that shall be incorporated into this on at its sole discretion. Refusal by ions, or to ensure that the federal, ers, will be considered a breach this Agreement and disallowance ovisions applicable to this Agreement are ent. e extent applicable to the Task Order and funding altrans' review of the ICR audit work papers created CPA, Caltrans will work with the CPA and/or Consultant hat arise during the review. Each party agrees to use its audit disputes in a timely manner. If Caltrans identifies significant issues during the review and is unable to issue a cognizant approval letter, Commission will reimburse the Consultant at an accepted ICR until a FAR (Federal Acquisition Regulation) compliant ICR {e.g. 48 CFR Part 31; GAGAS (Generally Accepted Auditing Standards); CAS (Cost Accounting Standards), if applicable; in accordance with procedures and guidelines of the American Association of State Highways and Transportation Officials (AASHTO) Audit Guide; and other applicable procedures and guidelines is received and approved by Caltrans. Accepted rates will be as follows: a. If the proposed rate is less than one hundred fifty percent (150%) - the accepted rate reimbursed will be ninety percent (90%) of the proposed rate. 4 859 b. If the proposed rate is between one hundred fifty percent (150%) and two hundred percent (200%) - the accepted rate will be eighty-five percent (85%) of the proposed rate. c. If the proposed rate is greater than two hundred percent (200%) - the accepted rate will be seventy-five percent (75%) of the proposed rate. 4.3 If Caltrans is unable to issue a cognizant letter per Section 4.2 above, Caltrans may require Consultant to submit a revised independent CPA -audited ICR and audit report within three (3) months of the effective date of the Caltrans' management letter. Caltrans will then have up to six (6) months to review the Consultant's and/or the independent CPA's revisions. If the Consultant fails to comply with the provisions of this Section 4, or if Caltrans is still unable to issue a cognizant approval letter er the revised independent CPA audited ICR is submitted, overhead cost reimbu a'°'lent will be limited to the accepted ICR that was established upon initial reje . •f the ICR and set forth in Section 4.2 above for all rendered services. In this - t, t . ccepted ICR will become the actual and final ICR for reimbursement purp• under th greement. Consultant may submit to Com io nal invoice only when all of the following items have occurred: (1) Caltrans ac or adjusts the original or revised independent CPA audited ICR; (2) all nder Agreement has been completed to the satisfaction of Commission; and ( ha ssued its final ICR review letter. The Consultant must submit its final in o • mission no later than sixty (60) calendar days after occurrenc_ last these items. The accepted ICR will apply to this Agreement and all k 0' -rs i ed under this Agreement, and all other agreements executed betty- the on and the Consultant, either as a prime or subconsultant, with the - e .. period CR. 5.1 Agr- ent shall go into effect on the date first set forth above, contingent upon appro ommission, and Consultant shall commence work after notification to proceed by ommission's Contract Administrator. This Agreement shall end on December 31, 2025, unless extended by contract amendment. Notwithstanding the foregoing, Caltrans and/or FHWA funded Task Orders shall be completed within thirty-six (36) months of the Effective Date, unless approval of Caltrans is obtained from the Commission. 5.2 Consultant is advised that any recommendation for contract award is not binding on Commission until this Agreement is fully executed and approved by the Commission. 5.3 This Agreement shall remain in effect until the date set forth above, unless earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and 5 860 deadlines. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of this Agreement. 6. Commission's Contract Administrator. The Commission hereby designates the Commission's Executive Director, or his or her designee, to act as its Contract Administrator for the performance of this Agreement ("Commission's Contract Administrator"). Commission's Contract Administrator shall have the authority to act on behalf of the Commission for all purposes under this Agreement. Commission's Contract Administrator shall also review and give approval, as needed, to the details of Consultant's work as it progresses. Consultant shall not accept direction or orders from any person other than the Commission's Contract Administrator or his or her designee. 7. Consultant's Representative. Consultant hereby Christine S. Santolucito to act as its Representative for the performance of thi Agreement ("Consultant's Representative"). Consultant's Representative shall hav of Consultant for all purposes under this Agreement. shall supervise and direct the Services, using his or and shall be responsible for all means, methods, t and for the satisfactory coordination of all portio Consultant shall work closely and coope Administrator and any other agencies which may the Services. Consultant's Representat' call all reasonable times. Any substitution in in writing by Commission's Contract Admi 8. Substitution of Commission that certain ke this Agreement. Should one o may substitute other Commission. In t substitution of the Agreement for cause, performance of this Agre as otherwise identified in th 1 authority to act on behalf Consultant's Representative sional skill and attention, niques, ences and procedures th- Service nder this Agreement. with Commission's Contract e jurisdiction over, or an interest in, ilable to the Commission staff at presentative shall be approved Consultant has represented to the rform and coordinate the Services under of suc personnel become unavailable, Consultant ast equal competence upon written approval by the mmission and Consultant cannot agree as to the I, the Commission shall be entitled to terminate this to the provisions herein. The key personnel for are: Christine S. Santolucito and Lance W. Dore, or Task Order. 9. Standard of Care; Licenses. Consultant represents and maintains that it is skilled in the professional calling necessary to perform all Services, duties and obligations required by this Agreement to fully and adequately complete the Project. Consultant shall perform the Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Consultant further represents and warrants to the Commission that its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be maintained throughout the term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from the Commission, any services 6 861 necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. Any employee of Consultant or its sub -consultants who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Consultant and shall not be re-employed to perform any of the Services or to work on the Project. 10. Independent Contractor. The Services shall be performed by Consultant or under its supervision. Consultant will determine the means, methods and details of performing the Services subject to the requirements of th'. Agreement. Commission retains Consultant on an independent contractor basis an;;>'ot as an employee, agent or representative of the Commission. Consultant retai - right to perform similar or different services for others during the term of this ' • eme `. Any additional personnel performing the Services under this Agreement o -half of C• ultant shall at all times be under Consultant's exclusive direction and trol. Consult: shall pay all wages, salaries and other amounts due such personn ' q ection with their performance of Services and as required by law. Consultant s be responsible for all reports and obligations respecting such personnel, i � • bu t limited to, social security taxes, income tax withholdings, unemploymen ''_ - . ability insurance, and workers' compensation insurance. 11. Project Progre 11.1 Modificati the Commission, thr required Services informed of all an schedule modification of Services for approva the Sc edule. Consultant shall regularly report to dence or progress reports, its progress in providing ed time periods. Commission shall be promptly ys. In the event that Consultant determines that a ry, Consultant shall promptly submit a revised Schedule mmission's Contract Administrator. 11.2 Trend Meetings. Consultant shall conduct trend meetings with the Commission's Contract Administrator and other interested parties, as requested by the Commission, on a bi-weekly basis or as may be mutually scheduled by the Parties at a standard day and time. These trend meetings will encompass focused and informal discussions concerning scope, schedule, and current progress of Services, relevant cost issues, and future Project objectives. Consultant shall be responsible for the preparation and distribution of meeting agendas to be received by the Commission and other attendees no later than three (3) working days prior to the meeting. 11.3 Progress Reports. As part of its monthly invoice, Consultant shall submit a progress report, in a form determined by the Commission, which will indicate the progress achieved during the previous month in relation to the Schedule of Services. 7 862 Submission of such progress report by Consultant shall be a condition precedent to receipt of payment from the Commission for each monthly invoice submitted. 12. Delay in Performance. 12.1 Excusable Delays. Should Consultant be delayed or prevented from the timely performance of any act or Services required by the terms of the Agreement by reason of acts of God or of the public enemy, acts or omissions of the Commission or other governmental agencies in either their sovereign or contractual capacities, fires, floods, pandemics, epidemics, quarantine restrictions, strikes, freight embargoes or unusually severe weather, performance of such act shall be excused for the period of such delay. 12.2 Written Notice. If Consultant believes 't is entitled to an extension of time due to conditions set forth in subsection 12.1, Co' ultant shall provide written notice to the Commission within seven (7) working day , ? a ,, the time Consultant knows, or reasonably should have known, that performance he -rvices will be delayed due to such conditions. Failure of Consultant to provi• uch tim_' otice shall constitute a waiver by Consultant of any right to an excusa• dela in time •erformance. 12.3 Mutual Agreement. Agreement may be delayed upon .I agreement, Consultant's Schedule of Commission. Consultant shall take all re and additional costs, resulting f ce of any Services under this nt of the Parties. Upon such extended as necessary by the s to minimize delay in completion, extension. 13. Prelimina R: -w of - A eports, working papers, and similar work products prepared for subm in - course of providing Services under this Agreement shall be s to Commission's Contract Administrator in draft form, and the Commissio► ay re• . - r- ions of such drafts prior to formal submission and approval. In the e •tans an designs are to be developed as part of the Project, final detailed plans and de s sh. be contingent upon obtaining environmental clearance as may be required in c• on with Federal funding. In the event that Commission's Contract Administrator, in or her sole discretion, determines the formally submitted work product to be not in accordance with the standard of care established under this Agreement, Commission's Contract Administrator may require Consultant to revise and resubmit the work at no cost to the Commission. 14. Appearance at Hearings. If and when required by the Commission, Consultant shall render assistance at public hearings or other meetings related to the Project or necessary to the performance of the Services. However, Consultant shall not be required to, and will not, render any decision, interpretation or recommendation regarding questions of a legal nature or which may be construed as constituting a legal opinion. 15. Opportunity to Cure; Inspection of Work. Commission may provide Consultant an opportunity to cure, at Consultant's expense, all errors and omissions 8 863 which may be disclosed during Project implementation. Should Consultant fail to make such correction in a timely manner, such correction may be made by the Commission, and the cost thereof charged to Consultant. Consultant shall allow the Commission's Contract Administrator and Caltrans to inspect or review Consultant's work in progress at any reasonable time. 16. Final Acceptance. Upon determination by the Commission that Consultant has satisfactorily completed the Services required under this Agreement and within the term set forth herein the Commission shall give Consultant a written Notice of Final Acceptance. Upon receipt of such notice, Consultant shall incur no further costs hereunder, unless otherwise specified in the Notice of Final Acceptance. Consultant may request issuance of a Notice of Final Acceptance when, in its opinion, it has satisfactorily completed all Services required under the terms of this Agreement. In the event copyrights are permitted under this Agreement, then in con ction with Federal funding, it is hereby acknowledged and agreed that the ed States Department of Transportation shall have the royalty -free non-exc f' G, - and irrevocable right to reproduce, publish, or otherwise use, and to aut • ze • rs to use, the work for governmental purposes. 17. Laws and Regulations. Consulta h. eep itself fully informed of and in compliance with all local, state and federal law es and regulations in any manner affecting the performance of the Pr• •r the -rvices, including all Cal/OSHA requirements, and shall give all notices r a For example, and not by way of limitation, Consultant shall keep itself o " d of and in compliance with all implementing regulations, desi• dar• specifications, previous commitments that must be incorporated in the ► ign • `:the ect, and administrative controls including those of the United States ransportation. Compliance with Federal procedures may includ-_,om•': ; n of the applicable environmental documents and approved by the Uni D ment of Transportation. For example, and not by way of limitation, "°gned C •or`' I Exclusion, Finding of No Significant Impact, or published Record o ` . a-cision y be required to be approved and/or completed by the United States Depart ~`'_,; t o ransportation. For Consultant shall be liable for all violations of such laws a gulations in connection with Services. If the Consultant performs any work knowin• it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 18. Fees and Payment. 18.1 The method of payment for this Agreement will be based on actual cost. Commission shall reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the Services. Consultant shall not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, 9 864 travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant cost proposal attached hereto as Exhibit "B" and incorporated herein by reference, or any cost proposal included as part of a Task Order ("Cost Proposal") unless additional reimbursement is provided for by written amendment. In no event, shall Consultant be reimbursed for overhead costs at a rate that exceeds Commission's approved overhead rate set forth in the Cost Proposal. To the extent legally permissible, Consultant's approved overhead rate shall be fixed for the term of this Agreement. In the event that Commission determines that a change to the Services from that specified in the Cost Proposal, this Agreement or any Task Order is required, the Agreement time or actual costs reimbursable by Commission shall be adjusted by written amendment to accommodate the changed work. The maximum total cost as specified in Section 18.8 shall not be exceeded, unless authorized by a written amendment. 18.2 Reimbursement for transportation and, ubsistence costs shall not exceed the rates specified in the approved Cost Propo y '. In addition, payments to Consultant for travel and subsistence expenses clai r reimbursement or applied as local match credit shall not exceed rates a `` •rize`+, ,,.o be paid exempt non - represented State employees under curre tate D ment of Personnel Administration (DPA) rules, unless otherwise I I, hori :-d by C. `mission. If the rates invoiced are in excess of those authorize •' • . tes, and Commission has not otherwise approved said rates, then Consultant i ponsible for the cost difference and any overpayments shall be reimbursed Com ion on demand. 18.3 When milestone cos Proposal for a Task Order, C milestone cost estimate fro estimate. 18.4 Services provided deliverable items Commission shall h accordance with the pro are included in the approved Cost obtain prior written approval for a revised dministrator before exceeding such cost ents shall be made monthly in arrears based on red costs. If Consultant fails to submit the required the schedule set forth in the Scope of Services, ht to delay payment or terminate this Agreement in s of Section 20, Termination. 18.5 No payment shall be made prior to approval of any Services, nor for any Services performed prior to approval of this Agreement. 18.6 Consultant shall be reimbursed, as promptly as fiscal procedures will permit upon receipt by Commission's Contract Administrator of itemized invoices in triplicate. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall detail the work performed on each milestone and each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this Agreement number and project title. Final invoice must contain the final cost and all credits due Commission including any equipment purchased under the Equipment Purchase provisions of this Agreement. The final invoice should be submitted within 60 calendar 10 865 days after completion of Consultant's work. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 18.7 The total amount payable by Commission, shall not exceed the amount set forth in each Task Order. 18.8 Commission has or will enter into five (5) task order contracts for performance of the Scope of Services identified in Exhibit "A", including this Agreement ("On -Call ROW Appraisal Task Order Contracts"). The of er On -Call ROW Appraisal Task Order Contracts are Hawran & Malm, LLC, -31-009-00; Hennessey & Hennessey, LLC 22-31-026-00; Integra Realty Resour. Los Angeles, 22-31-027-00; and R.P. Laurain & Associates, Inc., 22-31-028- T otal amount payable by Commission for the On -Call ROW Appraisal Ta • rder Co cts shall not exceed a cumulative maximum total value of One Millio %`oiler _ ($1,00 s 00) ("NTE Sum"). It is understood and agreed that there is no guara er expressed or implied that this dollar amount will be authorized under the On -C. • W Appraisal Task Order Contracts through Task Orders. Each time a Task is aw s r, -d under any of the On -Call ROW Appraisal Task Order Contracts, C• m t send written notification to Consultant and each of the other consul n g into the On -Call ROW Appraisal Task Order Contracts. The no ' st i• tify the total funds allocated under issued Task Orders, and the rema g u cum ed amount of the NTE Sum. Consultant acknowledges and agrees .t must not pay any amount under this Agreement that would e _-e• TE Sum, and Consultant must not enter into a Task Order that exceeds 18.9 .lary inc ,; ses shall be reimbursable if the new salary is within the salary range identifies the • roved Cost Proposal and is approved by Commission's Contract Administrator. -rsonnel subject to prevailing wage rates as described in the California Labor Code, "- II salary increases, which are the direct result of changes in the prevailing wage rates are reimbursable. 18.10 Consultant shall not be reimbursed for any expenses unless authorized in writing by the Commission's Contract Administrator. 18.11 All subcontracts in excess of $25,000 shall contain the above provisions. 19. Disputes. 19.1 Any dispute, other than audit, concerning a question of fact arising under this Agreement that is not disposed of by mutual agreement of the Parties shall 11 866 be decided by a committee consisting of RCTC's Contract Administrator and the Director of Capital Projects, who may consider written or verbal information submitted by Consultant. 19.2 Not later than 30 days after completion of all Services under this Agreement, Consultant may request review by the Commission's Executive Director of unresolved claims or disputes, other than audit. The request for review will be submitted in writing. 19.3 Neither the pendency of a dispute, nor its consideration by the committee will excuse Consultant from full and timely performance in accordance with the terms of this Agreement. 20. Termination. 20.1 Commission reserves the right to, inate this Agreement upon thirty (30) calendar days written notice to Consult f• y or no reason, with the reasons for termination stated in the notice. Com sion m. -rminate Services under a Task Order, at any time, for any or no reaso ith the effect date of termination to be specified in the notice of termination of Ta 20.2 Commission may t Consultant fail to perform the covenant herein provided. In the event of such Services in any manner deeme Agreement with Consultant, under this Agreement for the cost of completion to Co such case, the over Agreement and th inate t greement with Consultant should d at the time and in the manner t ommission may proceed with the er b •mmission. If Commission terminates this pay Consultant the sum due to Consultant and accepted prior to termination, unless n ex.,.'=ds the funds remaining in the Agreement. In educted from any sum due Consultant under this all be paid to Consultant upon demand. 20.3 -dditio o the above, payment upon termination shall include a prorated amount of pro licable, but no amount shall be paid for anticipated profit on unperformed Services. "='nsultant shall provide documentation deemed adequate by Commission's Contract Administrator to show the Services actually completed by Consultant prior to the effective date of termination. This Agreement shall terminate on the effective date of the Notice of Termination 20.4 Upon receipt of the written Notice of Termination, Consultant shall discontinue all affected Services as directed in the Notice or as otherwise provided herein, and deliver to the Commission all Documents and Data, as defined in this Agreement, as may have been prepared or accumulated by Consultant in performance of the Services, whether completed or in progress. 20.5 In addition to the above, Consultant shall be liable to the Commission for any reasonable additional costs incurred by the Commission to revise work for which the Commission has compensated Consultant under this Agreement, but which the Commission has determined in its sole discretion needs to be revised, in part 12 867 or whole, to complete the Project because it did not meet the standard of care established in this Agreement. Termination of this Agreement for cause may be considered by the Commission in determining whether to enter into future agreements with Consultant. 20.6 The rights and remedies of the Parties provided in this Section are in addition to any other rights and remedies provided by law or under this Agreement. 20.7 Consultant, in executing this Agreement, shall be deemed to have waived any and all claims for damages which may otherwise arise from the Commission's termination of this Agreement, for convenience or cause, as provided in this Section. 20.8 Consultant may not terminate this Agre,-ment except for cause 20.9 In addition to the termination r '`,jC, above, Commission may temporarily suspend the Services under any Task d , at no additional cost to Commission, provided that Consultant is given w n notices ` temporary suspension. If Commission gives such notice of temporary s ' ension, Con . ant shall immediately suspend its activities under the relevant Tas rde A temporary suspension may be issued concurrent with a notice of terminatio 21. Cost Principles and Admini _ ; ,:;'rements. 21.1 Consulta Procedures, 48 CFR, Fed et seq., shall be used to dete 21.2 accordance with Principles, and Audi the Contract Cost Principles and ulations System, Chapter 1, Part 31.000 allowability of individual items. agrees to comply with federal procedures in 2'10, Uniform Administrative Requirements, Cost nts for Federal Awards. 21.3 Any . s for which payment has been made to CONSULTANT that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Consultant to Commission. 21.4 All subcontracts in excess of $25,000 shall contain the above provisions. 22. Retention of Records/Audit. For the purpose of determining compliance with, as applicable, 2 CFR Part 200, Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Consultant, subconsultants, and Commission shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the 13 868 costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State or Federal Government shall have access to any books, records, and documents of Consultant and it's certified public accountants (CPA) work papers that are pertinent to this Agreement and, if applicable, indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 23.1 Accounting System. Consultant and its subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate expenditures by line item for the Services. The accounting system of Consultant and its subcontractors shall conform to Gen ally Accepted Accounting Principles (GAAP), enable the determination of incurr;- sF costs at interim points of completion, and provide support for reimbursement pa vouchers or invoices. 23. Audit Review Procedures. 23.1 Any dispute concerning or post audit of this Agreement that is not dispo by Commission's Chief Financial Offic 23.2 Not later than 30 Consultant may request a revie audit issues. The request for 23.3 Neither Commission shall e with the terms of t of fact arising under an interim by agreement, shall be reviewed suance of the final audit report, ion's Chief Financial Officer of unresolved bmitted in writing. enden of a dispute nor its consideration by nt from full and timely performance, in accordance 24.1 Nothi contained in this Agreement or otherwise, shall create any contractual relation between Commission and any subconsultant(s), and no subcontract shall relieve Consultant of its responsibilities and obligations hereunder. Consultant agrees to be as fully responsible to Commission for the acts and omissions of its subconsultant(s) and of persons either directly or indirectly employed by any of them as it is for the acts and omissions of persons directly employed by Consultant. Consultant's obligation to pay its subconsultant(s) is an independent obligation from Commission's obligation to make payments to the Consultant. 24.2 Consultant shall perform the Services contemplated with resources available within its own organization and no portion of the Services pertinent to this Agreement shall be subcontracted without written authorization by Commission's Contract Administrator, except that, which is expressly identified in the approved Cost Proposal. 14 869 24.3 Consultant shall pay its subconsultants within ten (10) calendar days from receipt of each payment made to Consultant by Commission. 24.4 Any subcontract in excess of $25,000 entered into as a result of this Agreement shall contain all the provisions stipulated in this Agreement to be applicable to subconsultants. 24.5 Any substitution of subconsultant(s) must be approved in writing by Commission's Contract Administrator prior to the start of work by the subconsultant(s). 24.6 Exhibit "B" may set forth the rates at which each subconsultant shall bill the Consultant for Services and that are subject to reimbursement by the Commission to Consultant. Additional Direct Costs, as defined in Exhibit "B" shall be the same for both the Consultant and all subconsultants, unless otherwi e identified in Exhibit "B" or in a Task Order. The subconsultant rate schedules and c proposals contained herein are for accounting purposes only. 25. Equipment Purchase 25.1 Prior authorization, i Administrator shall be required before Consults order, or subcontract for supplies, equi ent, or evaluation of the necessity or desirabili 25.2 For purcha the Cost Proposal and excee Contract Administrator is re the request for such purchas 25.3 to the following: Nonexpendable pro acquisition cost of $5, is sold or traded in, Com by Commission's Contract rs into any unbudgeted purchase ices. Consultant shall provide an h costs. , service or consulting work not covered in authorization, in writing, by Commission's petitive quotations must be submitted with ce of bidding must be adequately justified. urchased as a result of this Agreement is subject I m.intain an inventory of all nonexpendable property. ed as having a useful life of at least two years and an re. If the purchased equipment needs replacement and ion shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Consultant may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Consultant elects to keep the equipment, fair market value shall be determined at Consultant's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Consultant. If Consultant determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. provisions. 25.4 All subcontracts in excess $25,000 shall contain the above 15 870 26. Labor Code Requirements. 26.1 By its execution of this Agreement, Consultant certifies that it is aware of the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on certain "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. Copies of the prevailing rate of per diem wages are on file at the Commission's offices. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal project site. Consultant shall defend, indemnify and ho officials, officers, employees and agents free and har costs, penalties or interest arising out of any failure Prevailing Wage Laws. 26.2 DIR Registration. If the applicable "public works" or "maintenance" Sections 1725.5 and 1771.1, the Cons with the Department of Industrial Relatio duration of the Project and require the also be subject to complian Industrial Relations. It sh applicable registration and 26.3 Code, eight hours any worker emplo any one calendar da for overtime is made at ace of business and at the e Commission, its elected from any claims, liabilities, failure to comply with the re being performed as part of an p _ t, then pursuant to Labor Code and a bconsultants must be registered hall maintain registration for the subconsultants. This Project may and enforcement by the Department of s sole responsibility to comply with all equirements. Pursuant to the provisions of the California Labor itute a legal day's work, and the time of service of rk shall be limited and restricted to eight hours during hours in any one calendar week, except when payment s than one and one-half the basic rate for all hours worked in excess of eight hours p -r day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 26.4 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice 16 871 shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the responibility for compliance with provisions of this Section and with Sections 1777.5, 1777,;x;. nd 1777.7 of the California Labor Code in regard to all apprenticeable occupations ith Consultant. 27. Ownership of Materials/Confidentiali 27.1 Documents & Data. T Agr ent creates an exclusive and perpetual license for Commission to copy, use, , reuse, or sub -license any and all copyrights and designs embodied in pl. ,, specifi ns, studies, drawings, estimates, materials, data and other documents or th ip fixed in any tangible medium of expression, including but not limited • • rawings or data magnetically or otherwise recorded on computer, a ttes, ch are prepared or caused to be prepared by Consultant under this Agre ocu nts & Data"). Consulta req • all subcontractors to agree in writing that Commission is grantee '.m, u and perpetual license for any Documents & Data the subcontractor prep. unde s • ,-ement. presents and warrants that Consultant has the legal right to grant the excl d perpetual license for all such Documents & Data. Consultant makes no such presentation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 27.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer 17 872 media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsible to obtain in writing separate written assignments from any subcontractors or agents of Consultant of any and all right to the above referenced Intellectual Property. Should ..nsultant, either during or following termination of this Agreement, desire to use y of the above -referenced Intellectual Property, it shall first obtain the written appr •f the Commission. All materials and documents the Consultant for general use prior to the exec the copyright of any other party or publicly avai shall continue to be the property of the Consultan and stated prior to execution of this Agr it has the right to grant the exclusive and as provided herein. Commis perpetual license to copy, u otherwise owned by C Ita collective, insurrectio ich were eloped or prepared by of is Agree ent and which are not any other computer applications, owever, unless otherwise identified ant represents and warrants that n for all such Intellectual Property nted by Consultant a non-exclusive and -license any and all Intellectual Property hich is the basis or foundation for any derivative, ntal work created under this Agreement. 27.3 . All ideas, memoranda, specifications, plans, procedures, drawings, ons, computer program data, input record data, written information, and otherDents and Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. 27.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, 18 873 for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 28. Indemnification. To the fullest extent permitted by law, Consultant shall defend, indemnify and hold Commission, Caltrans and their directors, officials, officers, employees, consultants, volunteers, and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, inverse condemnation, and any claims related to property acquisition and relocation rules or failure to detect or abate hazardous materials, which are brought by a third party, and which , in any manner arise out of or are incident to alleged negligent acts, omissions, or willful misconduct of Consultant, its officials, officers, employees, agents, consul F. ts, and contractors arising out of or in connection with the performance of the .«: rvices, the Project or this Agreement, including without limitation the payment o equential damages, expert witness fees, and attorney's fees and other related c• an. :, senses. Consultant shall defend, at Consultant's own cost, expense and u any an• 1 such aforesaid suits, actions or other legal proceedings of every kin• t m.., be bro t or instituted against Commission, Caltrans, and their directors, o I fficers, employees, consultants, agents, or volunteers. Consultant shall pay and •sfy any judgment, award or decree that may be rendered against Commis - Itran their directors, officials, officers, employees, consultants, agents, or vol - - n such suit, action or other legal proceeding. Consultant shall re'. burs_ .. mi on, Caltrans and their directors, officials, officers, employees, c•.. + 'ts, a r-nts, and/or volunteers, for any and all legal expenses and costs, includir eas• .ble :.•rney's fees, incurred by each of them in connection therewith or in ,, o = demnity herein provided. Consultant's obligation to indemnify no" , ;y restricted to insurance proceeds, if any, received by Commission, Caltran ,;'re• s, officials officers, employees, consultants, agents, or volunteers. N. a y' hstandin ;i the oregoing, to the extent Consultant's Services are subject to Civil Cod- -ction 2. 2.8, the above indemnity shall be limited, to the extent required by Civil Code 782.8, to claims that arise out of, pertain to, or relate to the negligence, reckless + , or willful misconduct of the Consultant. Consultant's obligations as set forth in t is Section 28 shall survive expiration or termination of this Agreement. 29. Insurance. 29.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this Section, in a form and with insurance companies acceptable to the Commission. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this Section. 29.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to 19 874 persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (a) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (b) Minimum Limits of Insurance. sultant shall maintain limits no less than: (1) General Liability: $2,000,000 per occ , e for bodily injury, personal injury and property damage. If Commercial General L • urance or other form with general aggregate limit is used, either the genera, gregate shall apply separately to this Agreement/location or the general ag• •ate ,'mit sha +e twice the required occurrence limit. Limits may be achieved by a coy `"nation of primary and excess or umbrella liability insurance; (2) Automobile Liab '.1,000,000 per accident for bodily injury and property damage. Limits ma chiev any combination of primary and excess or umbrella liability insurance; a r. e Compensation and Employer's Liability: Workers' Compensation limits a _ i• ire• '+y the Labor Code of the State of California. Employer's Practice of $1,000,000 per accident. 29.3 Profes � al ��I � ��•nsultant shall procure and maintain, and require its sub -consultants to . •re and maintain, for a period of five (5) years following completion of the Pr d omissions liability insurance appropriate to their profession. For �t sultan , uc` nsurance shall be in an amount not less than $1,000,000 per cl.' ,; This in- rance shall be endorsed to include contractual liability applicable to this Agr ent d shall be written on a policy form coverage specifically designed to protect ag:' acts, errors or omissions of the Consultant. "Covered Professional Services" a designated in the policy must specifically include work performed under this Agreement. The policy must "pay on behalf of" the insured and must include a provision establishing the insurer's duty to defend. Subconsultants of Consultant shall obtain such insurance in an amount not less than $1,000,000 per claim. Notwithstanding the foregoing, the Commission may consider written requests to lower or dispense with the errors and omissions liability insurance requirement contained in this Section for certain subconsultants of Consultant, on a case -by -case basis, depending on the nature and scope of the Services to be provided by the subconsultant. Approval of such request shall be in writing, signed by the Commission's Contract Administrator. 29.4 Aircraft Liability Insurance. Prior to conducting any Services requiring use of aircraft, Consultant shall procure and maintain, or cause to be procured and maintained, aircraft liability insurance or equivalent form, with a single limit as shall 20 875 be required by the Commission. Such insurance shall include coverage for owned, hired and non -owned aircraft and passengers, and shall name, or be endorsed to name, the Commission, Caltrans and their directors, officials, officers, employees and agents as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant. 29.5 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: (a) General Liability. (i) Commercial General Liability Insurance must include coverage for (1) bodily Injury and property damage; (2) pers•nal Injury/advertising Injury; (3) premises/operations liability; (4) products/completed o limits that apply per Project; (6) explosion, collapse a deleted; (7) contractual liability with respect to this A671, - damage; and (9) independent consultants covera tions liability; (5) aggregate derground (UCX) exclusion t; (8) broad form property (ii) The policy s + co no endorsements or provisions limiting coverage for (1) contractual liability; (2) c ability exclusion for claims or suits by one insured against another; or (3 .ntain other exclusion contrary to this Agreement. (iii) officials, officers, employees, 10 10 01 and 20371001, be "primary and no or Caltrans' insura 13, or endorsements hall give the Commission, its directors, d status using ISO endorsement forms 20 viding the exact same coverage. additional insured coverage under the policy shall will not seek contribution from the Commission's rance and shall be at least as broad as CG 20 01 04 e exact same coverage. (b) tomobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, Caltrans and their directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, Caltrans and their directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, Caltrans and their directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (c) Workers' Compensation and Employers Liability Coverage. 21 876 (i) Consultant certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. (d) All Coverages. set forth hereunder. (i) Defense costs shall be pa (ii) Requirements of in this Section are not intended as a limitation on or a waiver of any coverage normally provided b under this Agreement that any available insur the specified minimum insurance coverage req shall be available to the Commission, trans employees and agents as additional in requirements for coverage and limits s specified in this Agreement; or of any insurance policy or pro be satisfied by a comb' or excess insuran coverage shall als Commission (if agree own insurance or self -in able in addition to the limits s•: fi average or limits contained erage, s, or other requirement, y insurance. hall be a requirement eds broader than or in excess of ents and/or limits set forth herein their directors, officials, officers, aid policies. Furthermore, the e minimum coverage and limits overage and maximum limits of coverage the named insured; whichever is greater. (iii`' e lim °•f insurance required in this Agreement may ary and umbrella or excess insurance. Any umbrella be endorsed to contain a provision that such imary and non-contributory basis for the benefit of the itten contract or agreement) before the Commission's e shall be called upon to protect it as a named insured. The umbrella/excess polic -} hall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). (iv) Consultant shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Consultant shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Consultant shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Consultant shall maintain such coverage 22 877 continuously for a period of at least three years after the completion of the work under this Agreement. Consultant shall purchase a one (1) year extended reporting period A) if the retroactive date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during the life of the Agreement, any policy of insurance required under this Agreement do -s not comply with these specifications or is canceled and not replaced, Commissi to obtain the insurance it deems necessary, and any be promptly reimbursed by Consultant or Commissio pay premium from Consultant payments. In the al.; 'ative, C Agreement. The Commission may require the '':'' sult t to pro all insurance policies in effect for the duration ject. (viii) Neith officials, officers, employees or agents arising under or by virtue of this Agreeme 29.6 Deduct' insured retentions must b Commission does not ap • ro Consultant shall guar shall reduce or el Commission, its di shall procure a bon claims and administrati as the right but not the duty m paid by Commission will old amounts sufficient to ission may cancel this e complete copies of ssion nor any of its directors, Ily responsible for any liability rance Retentions. Any deductibles or self - approved by the Commission. If the deduc"``les or self -insured retentions as presented, he option of the Commission, either: (1) the insurer tibles or self -insured retentions as respects the s, officers, employees and agents; or (2) the Consultant ing payment of losses and related investigation costs, defense expense. 29.7 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 29.8 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 23 878 29.9 Subconsultant Insurance Requirements. Consultant shall not allow any subcontractors or subconsultants to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this Section. Policies of commercial general liability insurance provided by such subcontractors or subconsultants shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Consultant, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subconsultants. 29.10 Other Insurance. At its option, the Commission may require such additional coverage(s), limits and/or the reduction of deductibles or retentions it considers reasonable and prudent based upon risk factors that may directly or indirectly impact the Project. In retaining this option Commission d not warrant Consultant's insurance program to be adequate. Consultant sha ' `ave the right to purchase insurance in addition to the insurance required in this . '•n. 30. Safety. Consultant shall execute an. ; aintain it .rk so as to avoid injury or damage to any person or property. In carryi G dut it ; Service , e Consultant shall at all times be in compliance with all applicable �A :,,, al ate and federal laws, rules and regulations, and shall exercise all necessary pr=, :'tions for the safety of employees appropriate to the nature of the work a con. s under which the work is to be performed. Safety precautions as applic e, but shall not be limited to: (A) adequate life protection and life saving - h , en `nd procedures; (B) instructions in accident prevention for all e s a subcontractors, such as safe walkways, scaffolds, fall protection lade, s, br;;ges, < ng planks, confined space procedures, trenching and shoring, equ -se en ,,- safety devices, equipment and wearing apparel as are necessa► .r I. ' , 'ly required to prevent accidents or injuries; and (C) adequate facilities for In • -r i ection and maintenance of all safety measures. 31. Additi Work y work or activities that are in addition to, or otherwise outside of, the Servi to • : performed pursuant to this Agreement shall only be performed pursuant to a s o- ate agreement between the parties. Notwithstanding the foregoing, the Commission Executive Director may make a change to the Agreement, other than a Cardinal Change. For purposes of this Agreement, a Cardinal Change is a change which is "outside the scope" of the Agreement; in other words, work which should not be regarded as having been fairly and reasonably within the contemplation of the parties when the Agreement was entered into. An example of a change which is not a Cardinal Change would be where, in a contract to construct a building there are many changes in the materials used, but the size and layout of the building remains the same. Cardinal Changes are not within the authority of this provision to order, and shall be processed by the Commission as "sole source" procurements according to applicable law, including the requirements of FTA Circular 4220.1 D, paragraph 9(f). (a) In addition to the changes authorized above, a modification which is signed by Consultant and the Commission's Executive Director, 24 879 other than a Cardinal Change, may be made in order to: (1) make a negotiated equitable adjustment to the Agreement price, delivery schedule and other terms resulting from the issuance of a Change Order, (2) reflect definitive letter contracts, and (3) reflect other agreements of the parties modifying the terms of this Agreement ("Bilateral Contract Modification"). (b) Consultant shall not perform, nor be compensated for any change, without written authorization from the Commission's Executive Director as set forth herein. In the event such a change authorization is not issued and signed by the Commission's Executive Director, Consultant shall not provide such change. 32. Prohibited Interests. 32.1 Solicitation. Consultant maintains a ,.• warrants that it has not employed nor retained any company or person, other tha_ . ^'ona fide employee working solely for Consultant, to solicit or secure this Agreem.; urther, Consultant warrants that it has not paid nor has it agreed to pay any co ny •erson, other than a bona fide employee working solely for Consultant 'ny fee, • .-. mission, percentage, brokerage fee, gift or other consideration conti nt u +n or res ing from the award or making of this Agreement. For breach or viola o s warranty, the Commission shall have the right to rescind this Agreement without lity. 32.2 Consultant Conflict (a) Con relationship with Commissio Agreement. Consultant her financial or business interest t this Agreement. isclose any financial, business, or other e an impact upon the outcome of this oes not now have, nor shall it acquire any ould conflict with the performance of services under bcontract in excess of $25,000 entered into as a result of this Agreement, sh. ontai► :II of the provisions of this Article. 32.3 Com sion Conflict of Interest. For the term of this Agreement, no member, officer or employee of the Commission, during the term of his or her service with the Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 32.4 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 25 880 32.5 Covenant Against Contingent Fees. As required in connection with federal funding, the Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the Consultant, to solicit or secure this Agreement, and that he/she has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or formation of this Agreement. For breach or violation of this warranty, the Commission shall have the right to terminate this Agreement without liability pursuant to the terms herein, or at its discretion to deduct from the Agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee. 32.6 Rebates, Kickbacks or Other Unlawful Consideration. Consultant warrants that this Agreement was not obtained or secured other unlawful consideration, either promised or paid to breach or violation of this warranty, Commission shall terminate this Agreement without liability; to pay o , I <'' or performed; or to deduct from the Agreement pric_-; . • r othe of such rebate, kickback or other unlawful con ough rebates kickbacks or Commission employee. For the right in its discretion; to t alue of the work actually rwi ecover the full amount 32.7 Covenant Against Expends of Commission, State or Federal Funds for Lobbying. The Consultant c -` that .. re best of his/ her knowledge and belief no state, federal or local agency as o• • fu `:a s have been paid, or will be paid by or on behalf of the Consultant to rs• or the purpose of influencing or attempting to influence an offic- plo of any state or federal agency; a Member of the State Legislature or ited `.tates ongress; an officer or employee of the Legislature or Congress; or e► a Member of the Legislature or Congress, in connection with the a d o state or federal contract, grant, loan, or cooperative agreement, or the e o " ation, renewal, amendment, or modification of any state or federal c• , 'act, gran' oa • r cooperative agreement. (a If . funds other than federal appropriated funds have been paid, or will be paid to an n for the purpose of influencing or attempting to influence an officer or employee of ny federal agency; a Member of Congress; an officer or employee of Congress, or an employee of a Member of Congress; in connection with this Agreement, the Consultant shall complete and submit the attached Exhibit "F", Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with the attached instructions. (b) The Consultant's certification provided in this Section is a material representation of fact upon which reliance was placed when this Agreement was entered into, and is a prerequisite for entering into this Agreement pursuant to Section 1352, Title 31, US. Code. Failure to comply with the restrictions on expenditures, or the disclosure and certification requirements set forth in Section 1352, Title 31, US. Code may result in a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. 26 881 (c) The Consultant also agrees by signing this Agreement that he/she shall require that the language set forth in this Section 3.23.7 be included in all Consultant subcontracts which exceed $100,000, and that all such subcontractors shall certify and disclose accordingly. 32.8 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 33. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be li ited to, all activities related to initial employment, upgrading, demotion, transfer ecruitment or recruitment advertising, layoff or termination. 34. Right to Employ Other Consultant ommis reserves the right to employ other consultants in connection with the ject 35. Governing Law. This Agreement sh e governed by and construed with the laws of the State of California. Venue shall be in Riverside County. 36. Disputes; Attorneys' Fees. 36.1 Prior to commencing anjaction hereunder, the Parties shall attempt in good faith to resolve any dispute arising between them. The pendency of a dispute shall not excuse Consultant from full and timely performance of the Services. 36.2. If the Parties are unable to resolve a dispute after attempting in good faith to do so, the Parties may seek any other available remedy to resolve the dispute. If either Party commences an action against the other Party, either legal, administrative or otherwise, arising out of or in connection with this Agreement, the prevailing Party in such litigation shall be entitled to have and recover from the losing Party reasonable attorneys' fees and, all other costs of such actions. 37. Time of Essence. Time is of the essence for each and every provision of this Agreement. 38. Headings. Article and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 39. Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 27 882 CONSULTANT: Santolucito Dore Group, Inc 31600 Railroad Canyon Road Suite 100-L Canyon Lake, CA 92587 Attn: Christine S. Santolucito COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. mail, first class postage prepaid, and addressed to the Party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 40. Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. 41. Amendment or Modification. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 42. Entire Agreement. This Aceement contains the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior negotiations, agreements or understandings. 43. Invalidity; Sev bilit y pBftion of this Agreement is declared invalid, illegal, or otherwise unenforceableby a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 44. Provisions Applicable When State Funds or Federal Funds Are Involved. When funding for the Services under a Task Order is provided, in whole or in part, from FHWA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "C" (FHWA/Caltrans requirements) attached hereto and incorporated herein by reference. When funding for the Services under a Task Order is provided, in whole or in part, from the FTA, Consultant shall also fully and adequately comply with the provisions included in Exhibit "D" (FTA Requirements) attached hereto and incorporated herein by reference. 45. Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not limited to, the indemnification and confidentiality obligations, shall survive any such expiration or termination. 46. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 28 883 47. Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 48. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 49. Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall coope ate with the Commission in responding to the subpoena or court order. 50. Assignment or Transfer. Consultant all assign, hypothecate, or transfer, either directly or by operation of law, t Agreem`_«o;.or any interest herein, without the prior written consent of the Commi n. y atte to do so shall be null and void, and any assignees, hypothecates or shall acquire no right or interest by reason of such attempted assignment, hypoth: on or transfer. 51. Successors and Assigns. successors and assigns of the parties, a the prior written consent of Co ent shall be binding on the e assigned by Consultant without 52. Incorporation itals set forth above are true and correct and are incorporated into this 53. No W compliance with a waiver of such term, rights or powers hereu relinquishment of such oth ment a though fully set forth herein. mmission to insist on any one occasion upon strict covenants or conditions hereof shall not be deemed a condition, nor shall any waiver or relinquishment of any any one time or more times be deemed a waiver or right or power at any other time or times. 54. Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. [Signatures on following page] 29 884 SIGNATURE PAGE TO PROFESSIONAL SERVICES AGREEMENT WITH FHWA AND FTA FUNDING/ASSISTANCE IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Anne Mayer Executive Director Approved as to Form: By: Best, Best & Krieger General Counsel CONSULTANT SANTOLUCITO DORE GROUP, INC. By: Signature Name e 1rTEST: By: Its: * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 30 885 EXHIBIT A SCOPE OF SERVICES The Riverside County Transportation Commission (Commission) is seeking one or more Consultants (Consultant or Appraiser) to provide right of way appraisal services for developed or undeveloped residential, commercial, industrial, agricultural and railroad properties. Consultant shall produce appraisal reports for full or partial acquisitions, easements, temporary construction easements, leased or licensed properties, and sale or disposition of excess/surplus properties, as required by the Commission. Services shall be provided on an on-call/as reeded basis in support of current and future Commission Projects, Measure A ''' ejects and projects done in partnership with other agencies, pursuant to Task Or sued in the sole discretion of the Commission. Task Orders shall be awarded through a ,dditi• .I qualify ation-based selection process. Such appraisal services may includ re ns imited to, the following work program and/or comply with applicable ► .elow: 1. Consultant shall prepare appraisals in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended, and implemented by 49 CFR Part 24; the State of California Government Code, the State of California Relocation Assistance and Real Property Acquisition Guidelines (Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.), the California Code of Civil Procedure, the Uniform Standards of Professional Appraisal Practice (USPAP), and in some cases, the Uniform Appraisal Standards for Federal Land Acquisition Act. Consultant must be licensed by the State of California. 2. Consultant shall prepare appraisals in accordance with the Uniform Appraisal Standards for Federal Land Acquisition ("Yellow Book"). Consultant must be licensed by the State of California. 3. Consultant must be qualified to provide expert witness testimony and defend the opinions or conclusions reached in the appraisal at any Administrative or Judicial proceeding. 4. Deliverables shall typically consist of three (3) originals of the completed appraisal report and one (1) electronic copy, specialty reports and component valuations which may be performed by someone other than Consultant and incorporated into the overall fair market valuation. Exhibit A 886 5. Consultant may be required to meet with and coordinate their efforts with Commission staff, Commission legal counsel, and other consultants or Caltrans staff; participate in office or project site meetings. 6. Appraisal reports may be reviewed for acceptance and approval by Commission's review appraisers and Caltrans. Revisions may be required by reason of this review process. Consultants may be requested to complete and deliver revised and/or updated appraisals. In the event of non -acceptance due to errors or omissions, Consultant shall have fifteen (15) calendar days to make corrections and return the revised appraisals to the review appraiser. 7. For proposed acquisitions, the owner of the real property or a designated representative will be invited by the Appraiser to .:.company the Appraiser during the inspection of the property. This invit. u= must be in the form of a letter entitled "Notice to Appraise" written ;�;�%� Appraiser to the owner. A copy of the invitation will be included in app al report. 8. It is the Appraiser's responsibility engineers for discussion and/or cla Manner Proposed. This is critical in the easements where the Apprais engineering information to comp 9. The highest and best determined and su and best use of th supported. If t based, the that the p use and the the C mmission's project of the Construction in the aisal of partial acquisitions and oss sections or other project operty in the before condition must be I acquisition is involved, the highest after condition must be determined and use is not the premise on which the valuation is tain an explanation justifying the determination and adaptable for a different highest and best for that use in the market. 10. Where the acqui '` ''. involves only a part (or portion) of the property, the Appraiser win estimate any severance damages and special benefits to the remainder, including reasoning and market data to support the opinion or conclusion. The Appraiser will indicate if the remainder constitutes an economic or uneconomic unit in the market and/or to the present owner. 11. The California Eminent Domain Law will be followed in partial acquisitions. Special benefits are to be offset only against damages to the remainder in accordance with the law. 12. Appraisal for easement acquisitions will reflect the restrictive elements of the easement to be acquired and the potential effect of such elements on the utility of the property considering its highest and best use. Full details with respect to any interference with the highest and best use of the property affected must be explained and supported. Exhibit A 887 13. The Appraiser must estimate and support the economic rent, state the contract rent and the remaining term of the lease as of the date of value. Lessor and lessee responsibilities for paying major expenses, e.g., taxes, insurance and maintenance shall be included. 14. Appraiser shall itemize in detail the "improvements pertaining to realty" (Eminent Domain Law-CCP Section 1263.205) showing their replacement cost new, depreciated value in place, salvage value if any, and relocation estimate. To the extent possible, determine the ownership claims of the Improvements Pertaining to the Realty. 15. In cases where the Appraisal Assignment requ (Furniture, Fixtures, Machinery and Equipmen (title, survey, soils, engineering), Appraise Commission's On -Call Consultants for suc prior approval for any others. Fees Consultants for Specialty Appraisal directly by the Commission. es a Specialty Appraisal nd/or Specialists Reports II utilize the services of or obtain Commission's y mmission's On -Call alist`' . eports shall be paid 16. It is the Appraiser's responsibility to thoroughly review the Specialty Appraisal for adoption (with adjustments or not, as appropriate) and inclusion in the overall appraisal. The estimated values that the specialty items contribute to the overall value of the real estate will be separately stated but included in the total value of the property. 17. If any legal iss request leg legal cou 18. It is the Appra if necessary, for property. during the appraisal assignment, Appraiser shall al opinions shall be rendered by Commission's onsibility to contact the Commission's legal counsel, ssion and/or clarification in identifying personal or real 19. If hazardous waste is discovered on the property, Appraiser shall seek further direction from the Commission. Exhibit A 888 EXHIBIT "B" COMPENSATION SUMMARY FIRM PROJECT TASKS/ROLE COST Prime Consultant: Santolucito Dore Group, Inc. Right of Way Appraisal Services $ 1,000,000.00 Sub Consultants: TOTAL TS d. 1,000,000.00 1 Commission authorization pertains to total contract award amo the maximum total compensation authorized may not be exceede stments between consultants may occur; however, 889 EXHIBIT "C" FEDERAL DEPARTMENT OF TRANSPORTATION FHWA AND CALTRANS REQUIREMENTS 1. NONDISCRIMINATION & STATEMENT OF COMPLIANCE. A. Consultant's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that CONSULTANT has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. B. During the performance of this Agreement, Consultant and its subconsultants shall not deny the Agreement's benefits to any person on the b is of race, religious creed, color, national origin, ancestry, physical disability, men genetic information, marital status, sex, gender, gende sexual orientation, or military and veteran status, n harass, or allow harassment against any employ of race, religious creed, color, national on •'`' anc disability, medical condition, genetic informati identity, gender expression, age, sexual orient Consultant and its subconsultants shall employees and applicants for employ harassment. C. Consultant and its s Employment and Housing A promulgated thereunde 11139.5, and any re article. The applic implementing Gov. into this Agreement by hall r applican isability, medical condition, ty, gender expression, age, unlawfully discriminate, employment because try, phy ical disability, mental ital status, sex, gender, gender , or military and veteran status. valuation and treatment of their from such discrimination and I comply with the provisions of the Fair 12990 et seq.), the applicable regulations 000 et seq.), the provisions of Gov. Code §§11135- dards adopted by Commission to implement such the Fair Employment and Housing Commission (a -f), set forth 2 CCR §§8100-8504, are incorporated and made a part hereof as if set forth in full. D. Consultant shall permit access by representatives of the Department of Fair Employment and Housing and the Commission upon reasonable notice at any time during the normal business hours, but in no case less than twenty-four (24) hours' notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Commission shall require to ascertain compliance with this clause. E. Consultant and its subconsultants shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. F. If this Agreement is federally funded, the Consultant shall comply with regulations relative to Title VI (nondiscrimination in federally -assisted programs of the Department of Transportation — Title 49 Code of Federal Regulations, Part 21 - Effectuation of Title VI Exhibit C-1 17336.00023\34328429.1 890 of the 1964 Civil Rights Act). Title VI provides that the recipients of federal assistance will implement and maintain a policy of nondiscrimination in which no person in the state of California shall, on the basis of race, color, national origin, religion, sex, age, disability, be excluded from participation in, denied the benefits of or subject to discrimination under any program or activity by the recipients of federal assistance or their assignees and successors in interest. G. If this Agreement is federally funded, Consultant shall comply with regulations relative to non-discrimination in federally -assisted programs of the U.S. Department of Transportation (49 CFR Part 21 - Effectuation of Title VI of the Civil Rights Act of 1964). Specifically, the Consultant shall not participate either directly or indirectly in the discrimination prohibited by 49 CFR §21.5, including employment practices and the selection and retention of subconsultants. H. Consultant and its subconsultants will never exclude a._; person from participation in, deny any person the benefits of, or otherwise discriminate •ainst anyone in connection with the award and performance of any contract co,, d b CFR 26 on the basis of race, color, sex, or national origin. In administers t i he Com on components of the DBE Program plan, Consultant and its sub suit will n•`'; directly, or through contractual or other arrangements, use criteria effect of defeating or substantially impairing acco Program plan with respect to individuals I. Consultant shall include the disc section in all subcontracts to p. ' ,, ork ds of administration that have the hment of the objectives of the DBE ce, color, sex, or national origin. tion nd compliance provisions of this er this Agreement. 2. DEBARMENT AND SUS FICATION CONSULTANT's si perjury under the Title 2 CFR, Part 1 and Suspension (nonp therewith in the capacity under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency; has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have a proposed debarment pending; and has not been indicted, convicted, or had a civil judgment rendered against it by a court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years. Any exceptions to this certification must be disclosed to COMMISSION. ein, shall constitute a certification under penalty of o California, that CONSULTANT has complied with idelines to Agencies on Government wide Debarment t)", which certifies that he/she or any person associated ner, partner, director, officer, or manager, is not currently B. Exceptions will not necessarily result in denial of recommendation for award, but will be considered in determining CONSULTANT responsibility. Disclosures must indicate to whom exceptions apply, initiating agency, and dates of action. Exhibit C-2 17336.00023\34328429.1 891 C. Exceptions to the Federal Government Excluded Parties List System maintained by the General Services Administration are to be determined by the Federal highway Administration. 3. DISCRIMINATION; CONTRACT ASSURANCE The Commission shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any DOT -assisted contract or in the implementation of the Caltrans DBE program or the requirements of 49 CFR Part 26. The Commission shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of DOT -assisted contracts. Consultant or subcontractor shall not discriminate on the basis of race, color, national origin, of sex in the performance of this Agreement. Con tant or subcontractor shall carry out applicable requirements of 49 CFR Part 26 an R' ='e Caltrans DBE program in the award and administration of DOT -assisted cont ;,.as further set forth below. Failure by the Consultant or subcontractor to carry thes quirements is a material breach of this Agreement, which may result in th; 1 rmination . is Agreement or such other remedy, as the Commission deems appr• late. Failure by the Consultant to carry out these req contract, which may result in the termin this c recipient deems appropriate, which may (1) Withholding monthly progre (2) Assessing sanctions; (3) Liquidated damages; an (4) Disqualifying Consu ments is a material breach of this act or such other remedy as the s of limited to: %l Jure proposing as non -responsible Consultant or subcons► , t .II pay to any subconsultant, not later than fifteen (15) days after receipt of each egress payment, unless otherwise agreed to in writing, the respective amounts allowed Consultant on account of the work performed by the subconsultants, to the extent of each subconsultant's interest therein. In the event that there is a good faith dispute over all or any portion of the amount due on a progress payment from Consultant or subconsultant to a subconsultant, Consultant or subconsultant may withhold no more than 150 percent of the disputed amount. Any violation of this requirement shall constitute a cause for disciplinary action and shall subject the Consultant or subconsultant to a penalty, payable to the applicable subconsultant, of 2 percent of the amount due per month for every month that payment is not made. In any action for the collection of funds wrongfully withheld, the prevailing party shall be entitled to his or her attorney's fees and costs. The sanctions authorized under this Exhibit C-3 17336.00023\34328429.1 892 requirement shall be separate from, and in addition to, all other remedies, either civil, administrative, or criminal. This clause applies to both DBE and non -DBE subconsultants. 5. RELEASE OF RETAINAGE No retainage will be held by the Commission from progress payments due to Consultant. Consultant and subconsultants are prohibited from holding retainage from subconsultants. Any delay or postponement of payment may take place only for good cause and with the Commission's prior written approval. Any violation of these provisions shall subject Consultant or the violating subconsultant to the penalties, sanctions, and other remedies specified in Section 3321 of the California Civil Code. This requirement shall not be construed to limit or impair any contractual, administrative or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consulta, deficient subconsultant performance and/or noncompliance by a subconsultant. T r`` clause applies to both DBE and non -DBE subconsultants. 6. LEGAL REMEDIES In addition to those contract remedies set forth under relevant provisions of California law, either Party to this Agreement may, where applicable, seek legal redress for violations of this Agreement pursuant to the relevant provisions of 49 C.F.R. Parts 23 and 26, to the relevant federal or state statutory provisions governing civil rights violations, and to the relevant federal and state provisions governing false claims or "whistleblower" actions, as well as any and all other applicable federal and state provisions of law. The Consultant shall include a provision to this effect in each of its agreements with its subcontractors. 7. DBE PARTICIPATION Caltrans has developed a statewide DBE program pursuant to 49 C.F.R. Part 26. The requirements and procedures, as applicable, of the Caltrans DBE program are hereby incorporated by reference into this Agreement. Even if no DBE participation will be reported, Consultant shall complete any Caltrans required DBE reporting forms, as provided by the Commission, in compliance with the Caltrans DBE program, and a final utilization report in the form provided by the Commission. A. This Agreement is subject to Title 49, Part 26 of the Code of Federal Regulations entitled "Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs." Consultants who enter into a federally - funded agreement will assist the Commission in a good faith effort to achieve California's statewide overall DBE goal. B. This Agreement does not have a DBE goal, but DBE goals may be included as part of each Task Order request for proposals. Participation by DBE Consultant or Exhibit C-4 17336.00023\34328429.1 893 subconsultants for an FHWA funded Task Order shall be in accordance with the information contained in the Consultant Contract DBE Commitment form (Caltrans LAPM Forms Exhibit 10-01) to be submitted with the relevant Task Order proposal. If a DBE subconsultant is unable to perform, the Consultant must make a good faith effort to replace him/her with another DBE subconsultant, if the goal is not otherwise met. A DBE is a firm meeting the definition of a DBE as specified in 49 CFR. C. All DBE participation will count toward the Caltrans federally mandated statewide overall DBE goal. Credit for materials or supplies Consultant purchases from DBEs counts towards the goal in the following manner: • 100 percent counts if the materials or supplies are obtained from a DBE manufacturer. • 60 percent counts if the materials or supplies are chased from a DBE regular dealer. • Only fees, commissions, and charges for istan in the procurement and delivery of materials or supplies count if obt from . 'BE that is neither a manufacturer nor regular dealer. 49 CFR 2• def' ° -s "man +'' acturer" and "regular dealer." D. DBE and other small businesse encouraged to participate in the perform with federal funds. The Consulta on the basis of race, color, nat The Consultant shall carry o and administration of US D out these requirements termination of this A Department of Tra ed in Title 49 CFR, Part 26 are ents financed in whole or in part ubre t or ubconsultant shall not discriminate sex in the performance of this Agreement. rements of 49 CFR, Part 26 in the award ements. Failure by the contractor to carry breach of this Agreement, which may result in the other remedy as the Commission, Caltrans or the ms appropriate. E. Any subcontract er-- nto as a result of this Agreement shall contain all of the provisions of this section. F. A DBE may be terminated only as further set forth in Section 13 below. 8. DBE PARTICIPATION GENERAL INFORMATION It is Consultant's responsibility to be fully informed regarding the requirements of 49 CFR, Part 26, and the Caltrans DBE program. Particular attention is directed to the following: A. A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime contractor, subcontractor, joint venture partner, as a vendor of material or supplies, or as a trucking company. Exhibit C-5 17336.00023\34328429.1 894 C. A DBE joint -venture partner must be responsible for specific contract items of work or clearly defined portions thereof. Responsibility means actually performing, managing and supervising the work with its own forces. The DBE joint venture partner must share in the capital contribution, control, management, risks and profits of the joint -venture commensurate with its ownership interest. D. A DBE must perform a commercially useful function, pursuant to 49 CFR 26.55 that is, must be responsible for the execution of a distinct element of the work and must carry out its responsibility by actually performing, managing and supervising the work, as more fully described in section 9 below. E. The Consultant shall list only one subcontractor for each portion of work as defined in the Consultant's bid/proposal and all DBE subcontrac s should be listed in the Consultant's bid/cost proposal list of subcontractors. F. A Consultant who is a certified DBE is ell Agreement toward the DBE participation except by non -DBE subcontractors. to �,_ all of the work in the portion o "' ,;- work to be performed G. Consultant shall notify the Commission's tract administrator or designated representative of any changes to its a ,, -d D:i °:.articipation prior to starting the affected work. 9 . COMMERCIALLY USE A. A DBE performs a co of the work of the Agree managing, and supe the DBE must als Agreement, for nego and installing (where a a DBE is performing a subcontracted, industry practices; whether the amount the firm is to be paid under the Agreement is commensurate with the work it is actually performing, and other relevant factors. unction when it is responsible for execution carrying out its responsibilities by actually performing, volved. To perform a commercially useful function, ith respect to materials and supplies used on the determining quality and quantity, ordering the material, and paying for the material itself. To determine whether mercially useful function, evaluate the amount of work B. A DBE does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, Agreement, or project through which funds are passed in order to obtain the appearance of DBE participation. In determining whether a DBE is such an extra participant, examine similar transactions, particularly those in which DBEs do not participate. C. If a DBE does not perform or exercise responsibility for at least thirty percent of the total cost of its Agreement with its own work force, or the DBE subcontracts a greater portion of the work of the Agreement than would be expected on the basis of normal Exhibit C-6 17336.00023\34328429.1 895 industry practice for the type of work involved, it will be presumed that it is not performing a commercially useful function. 10. DBE CERTIFICATION AND DE -CERTIFICATION STATUS If a DBE subcontractor is decertified before completing its work, the decertified subcontractor shall notify the Contractor in writing with the date of de -certification. If a subcontractor becomes a certified DBE during the life of the Agreement, the subcontractor shall notify the Contractor in writing with the date of certification. Any changes should be reported to the Commission's Contract Administrator within 30 days. 11. DBE RECORDS A. The Contractor shall maintain records of materials all subcontracts entered into with certified DBEs. The business address of each DBE subconsultant, DBE and the total dollar amount actually paid each b shall show the date of payment and the total Contractors shall also show the date of work pe corresponding dollar value of the work. chased and/or supplied from s shall show the name and dor, d DBE trucking company ess rega '•" ` s of tier. The records fi re paid `'• all firms. DBE prime y their own forces along with the In addition to all other requirements, Con ' to c' plete and submit, on a monthly basis, the Monthly DBE Payment • (C. Ex :it 9-F of Chapter 9 of the LAPM). B. Upon completion of t and submitted on the most c Disadvantaged Busine the LAPM), certifi representative an the final invoice. Fai will result in the Commi will be returned to the mmary of these records shall be prepared e form entitled, "Final Report -Utilization of (DBE)," CEM- 2402F (Exhibit 17-F in Chapter 17 of he Contractor or the Contractor's authorized to the Commission's Contract Administrator with e the summary of DBE payments with the final invoice holding $10,000 until the form is submitted. This amount tractor when a satisfactory "Final Report Utilization of Disadvantaged Business Enterprises (DBE)" is submitted to the Commission's Contract Administrator. a. Prior to the fifteenth of each month, the Contractor shall submit documentation to the Commission's Contract Administrator showing the amount paid to DBE trucking companies. The Contractor shall also obtain and submit documentation to the Commission's Contract Administrator showing the amount paid by DBE trucking companies to all firms, including owner -operators, for the leasing of trucks. If the DBE leases trucks from a non -DBE, the Contractor may count only the fee or commission the DBE receives as a result of the lease arrangement. b. The Contractor shall also submit to the Commission's Contract Administrator documentation showing the truck number, name of owner, California Highway Patrol CA Exhibit C-7 17336.00023\34328429.1 896 number, and if applicable, the DBE certification number of the truck owner for all trucks used during that month. This documentation shall be submitted on the Caltrans "Monthly DBE Trucking Verification," CEM-2404(F) form provided to the Contractor by the Commission's Contract Administrator. 12. REPORTING MATERIAL OR SUPPLIES PURCHASED FROM DBEs When Reporting DBE Participation, Material or Supplies purchased from DBEs may count as follows: A. If the materials or supplies are obtained from a DBE manufacturer, 100 % of the cost of the materials or supplies will count toward the DBE participation. A DBE manufacturer is a firm that operates or maintains a factory or establishment that produces on the premises, the materials, supplies, articles, or equipment required under the Agreement and of the general character described by the specifications. B. If the materials or supplies purchased from a DBE regular dealer, count 60 % of the cost of the materials or supplies toward DBE goals. A DBE regular dealer is a firm that owns, operates or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the Agreement, are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a DBE regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a DBE regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone or asphalt without owning, operating or maintaining a place of business provided in this section. C. If the person both owns and operates distribution equipment for the products, any supplementing of regular dealers' own distribution equipment, shall be by a long-term lease agreement and not an ad hoc or Agreement -by -Agreement basis. Packagers, brokers, manufacturers' representatives, or other persons who arrange or expedite transactions are not DBE regular dealers within the meaning of this section. D. Materials or supplies purchased from a DBE, which is neither a manufacturer nor a regular dealer, will be limited to the entire amount of fees or commissions charged for assistance in the procurement of the materials and supplies, or fees or transportation charges for the delivery of materials or supplies required on the job site, provided the fees are reasonable and not excessive as compared with fees charged for similar services. 13. TERMINATION AND SUBSTITUTION OF DBE SUBCONSULTANTS Consultant shall utilize the specific DBEs listed to perform the work and supply the materials for which each is listed unless Consultant or DBE subconsultant obtains the Commission's written consent. Consultant shall not terminate or substitute a listed DBE for convenience and perform the work with their own forces or obtain materials from other Exhibit C-8 17336.00023\34328429.1 897 sources without authorization from the Commission. Unless the Commission's consent is provided, the Consultant shall not be entitled to any payment for work or material unless it is performed or supplied by the listed DBE on the attached Consultant Contract DBE Commitment form. The Commission authorizes a request to use other forces or sources of materials if Consultant shows any of the following justifications: 1. Listed DBE fails or refuses to execute a written contract based on plans and specifications for the project. 2. The Commission stipulated that a bond is a condition of executing the subcontract and the listed DBE fails to meet the Commission's bond requirements. 3. Work requires a consultant's license and liste•; ! BE does not have a valid license under Contractors License Law. 4. Listed DBE fails or refuses to perform the furnish the listed materials (failing or refusing to perform is not an abl= ' -ason to remove a DBE if the failure or refusal is a result of bad, h or discr ration). 5. Listed DBE's work is unsatisfacto d no compli ce with the contract. 6. Listed DBE is ineligible to work o oject because of suspension or debarment. 7. Listed DBE becomes bankr 8. Listed DBE voluntarily withdr.; • . ` t notice from the Agreement. 9. Listed DBE is ineligibl- :• rece '- edit .r the type of work required. 10. Listed DBE owner r be, mes disabled resulting in the inability to perform the wor 11. The Commission r documented good cause. Consultant shall no sources and provi and advise Consulta sources of materials sh BE of the intent to use other forces or material rovide the DBE with 5 days to respond to the notice mmission of the reasons why the use of other forces or ccur. Consultant's request to use other forces or material sources must include: 1. One or more of the reasons listed in the preceding paragraph. 2. Notices from Consultant to the DBE regarding the request. 3. Notices from the DBEs to Consultant regarding the request. If a listed DBE is terminated or substituted, Consultant must make good faith efforts to find another DBE to substitute for the original DBE. The substitute DBE must perform at least the same amount of work as the original DBE under the contract to the extent needed to meet or exceed the DBE goal. 14. DEBARMENT, SUSPENSION AND OTHER INELIGIBILITY AND VOLUNTARY EXCLUSION Exhibit C-9 17336.00023\34328429.1 898 In accordance with 49 CFR Part 29, which by this reference is incorporated herein, Consultant's subconsultants completed and submitted the Certificate of subconsultant Regarding Debarment, Suspension and Other Ineligibility and Voluntary Exclusion as part of the Consultant's proposal. If it is later determined that Consultant's subconsultants knowingly rendered an erroneous Certificate, the Commission may, among other remedies, terminate this Agreement. 15. ENVIRONMENTAL COMPLIANCE A. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000). B. Mandatory standards and policies relating to energ ncy which are contained in the state energy conservation plan issued in cones nce ; ', the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871). 16. NATIONAL LABOR RELATIONS BOARD C In accordance with Public Contract Code Consultant certifies under penalt perj finding of contempt of court by the immediately preceding t an order of a federal court th Labor Relations Board. 17. FUNDING REQ It is mutually understoo n the Parties that this Agreement may have been written before ascertaining the ability of funds or appropriation of funds, for the mutual benefit of both Parties, in order to avoid program and fiscal delays that would occur if the Agreement were executed after that determination was made. 915, and by signing this Agreement, at n. more than one final unappealable has been issued against Consultant within ause of Consultant's failure to comply with ant to comply with an order of the National This Agreement is valid and enforceable only if sufficient funds are made available to Commission for the purpose of this Agreement. In addition, this Agreement is subject to any additional restrictions, limitations, conditions, or any statute enacted by the Congress, State Legislature, or Commission governing board that may affect the provisions, terms, or funding of this Agreement in any manner. It is mutually agreed that if sufficient funds are not appropriated, this Agreement may be amended to reflect any reduction in funds. Exhibit C-10 17336.00023\34328429.1 899 EXHIBIT D FTA FUNDING REQUIREMENTS (Non-construction/maintenance work) As used herein, "RCTC" shall have the same meaning as the "Commission." The term "contract" or "Contract" shall have the same meaning as the "Agreement." 1. No Obligation by the Federal Government a. RCTC and Consultant acknowledge and agree that, notwithstanding any concurrence by the Federal Government in or approval of the solicitation or award of the underlying contract, absent the express written consent by the Federal Government, the Federal Government is not a party to this contract and shall not be subject to any obligations or liabilities to the Purchaser, Consultant, or an ether party (whether or not a party to that contract) pertaining to any matter resultin• " .m the underlying contract. b. The Consultant agrees to include the above;;., . use i .ch subcontract financed in whole or in part with Federal assistance provi•. 'by FTA. I urther agreed that the clause shall not be modified, except to identif a su• •nsultan who will be subject to its provisions. 2. Program Fraud and False or Fr• � _ •t St• ents or Related Acts a. The Consultant acknowle pro isions of the Program Fraud Civil Remedies Act of 1986, as en► d, 3 U.S.C. § 3801 et seq. and U.S. DOT regulations, "Program Frau ' 49 C.F.R. Part 31, apply to its actions pertaining to this Project. U. • - • _ .f the underlying contract, the Consultant certifies or affirms th and accuracy of any statement it has made, it makes, it may mak ; .r ca► s e made, pertaining to the underlying contract or the FTA assisted • __'ect for w h t is contract work is being performed. In addition to other penalties that licable, the Consultant further acknowledges that if it makes, or causes to r .e, a false, fictitious, or fraudulent claim, statement, submission, or certificatio e Federal Government reserves the right to impose the penalties of the Program Fraud Civil Remedies Act of 1986 on the Consultant to the extent the Federal Government deems appropriate. b. The Consultant also acknowledges that if it makes, or causes to be made, a false, fictitious, or fraudulent claim, statement, submission, or certification to the Federal Government under a contract connected with a project that is financed in whole or in part with Federal assistance originally awarded by FTA under the authority of 49 U.S.C. § 5307, the Government reserves the right to impose the penalties of 18 U.S.C. § 1001 and 49 U.S.C. § 5307(n)(1) on the Consultant, to the extent the Federal Government deems appropriate. c. The Consultant agrees to include the above two clauses in each subcontract financed in whole or in part with Federal assistance provided by FTA. It is further agreed FTA Requirements- Page 1 900 that the clauses shall not be modified, except to identify the subconsultant who will be subject to the provisions. 3. Access to Records The Consultant agrees to the following access to records requirements: a. To provide RCTC, the FTA Administrator, the Comptroller General of the United States or any of their authorized representatives access to any books, documents, papers and records of the Consultant which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts and transcriptions. Consultant also agrees, pursuant to 49 C. F. R. 633.17 to provide the FTA Administrator or his authorized representatives including any PMO Consultant access to Consultant's records and construction sites pertaining to a major capital oject, defined at 49 U.S.C. 5302(a)1, which is receiving federal financial assis ce through the programs described at 49 U.S.C. 5307, 5309 or 5311. b. To make available in the case of a contra as defined above and awarded by other than pe U.S.C. 5325(a), records related to the Transportation and the Comptroller General or any of them for the purposes of conduct - -udit c. To maintain all books, reco for a period of not less than thr contract, except in the ev performance of this contrac RCTC, the FTA Admin. representatives, ha related thereto. R d. To permit any o to copy excerpts and tran 4. Federal Changes r a capit oject or improvement, ti ' - biddin n accordance with 49 to RCTC, the Secretary of authorized officer or employee of inspection. an• eports required under this contract the date of termination or expiration of this settlement of claims arising from the Consultant agrees to maintain same until Comptroller General, or any of their duly authorized II such litigation, appeals, claims or exceptions 1 "•.39(i)(11). oing parties to reproduce by any means whatsoever or bons as reasonably needed. The Consultant shall at all times comply with all applicable FTA regulations, policies, procedures and directives, including without limitation those listed directly or by reference in the Master Agreement between RCTC and FTA, as they may be amended or promulgated from time to time during the term of this contract. Consultant's failure to so comply shall constitute a material breach of this contract. 5. Civil Rights The following requirements apply to the underlying contract: FTA Requirements- Page 2 901 (1) Nondiscrimination - In accordance with Title VI of the Civil Rights Act, as amended, 42 U.S.C. § 2000d, section 303 of the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6102, section 202 of the Americans with Disabilities Act of 1990, 42 U.S.C. § 12132, and Federal transit law at 49 U.S.C. § 5332 and 49 CFR part 21, the Consultant agrees that it will not discriminate against any employee or applicant for employment because of race, color, creed, national origin, sex, age, or disability. In addition, the Consultant agrees to comply with applicable Federal implementing regulations and other implementing requirements FTA may issue. (2) Equal Employment Opportunity - The following equal employment opportunity requirements apply to the underlying contract: (a) Race, Color, Creed, National Origin, Sex - In ac , dance with Title VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, and F .)r=raI transit laws at 49 U.S.C. § 5332, the Consultant agrees to comply with a ' *licable equal employment opportunity requirements of U.S. Department of L. (U IOL) regulations, "Office of Federal Contract Compliance Program , qual ; oyment Opportunity, Department of Labor," 41 C.F.R. Parts 60 et + ., (_ •ich impl ent Executive Order No. 11246, "Equal Employment Opportunity, ended by Executive Order No. 11375, "Amending Executive Order 11246 Relati Equal Employment Opportunity," 42 U.S.C. § 2000e note), and with an able seral statutes, executive orders, regulations, and Federal policies that u` re affect construction activities undertaken in the course of the oject Co sultant agrees to take affirmative action to ensure that applican r- plo •d, and that employees are treated during employment, without regar lor, creed, national origin, sex, or age. Such action shall include, b o :: to, the following: employment, upgrading, demotion or transfer, r e r recruitment advertising, layoff or termination; rates of pay or other s • o nsation; and selection for training, including apprenticeship. In edition, t Co sultant agrees to comply with any implementing requirements FTA m (b) Age - In accor.` e with section 4 of the Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. § § 623, Federal transit law at 49 U.S.C. § 5332, the Equal Employment Opportunity Commission (U.S. EEOC) regulations, "Age Discrimination in Employment Act," 29 C.F.R. part 1625, the Age Discrimination Act of 1975, as amended, 42 U.S.C. § 6101 et seq., U.S. Health and Human Services regulations, "Nondiscrimination on the Basis of Age in Programs or Activities Receiving Federal Financial Assistance," 45 C.F.R. part 90, the Consultant agrees to refrain from discrimination against present and prospective employees for reason of age. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (c) Disabilities - In accordance with section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq., the Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., and Federal transit law at 49 U.S.C. § 5332, the Consultant FTA Requirements- Page 3 902 agrees that it will not discriminate against individuals on the basis of disability, and that it will comply with the requirements of U.S. Equal Employment Opportunity Commission, "Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act," 29 C.F.R. Part 1630, pertaining to employment of persons with disabilities. In addition, the Consultant agrees to comply with any implementing requirements FTA may issue. (3) The Consultant also agrees to include these requirements in each subcontract financed in whole or in part with Federal assistance provided by FTA, modified only if necessary to identify the affected parties. 6. FTA Disadvantaged Business Enterprise (DBE) Requirements A. General DBE Requirements: In accordance with deral financial assistance agreements with the U.S. Department of Transportation S. DOT), Commission has adopted a Disadvantaged Business Enterprise Policy and Program, in conformance with Title 49 CFR Part 26, "Partici* ion isadvantaged Business Enterprises in Department of Transportation Pro R; i s" (the " ulations"). This RFP is subject to these stipulated regulations. In ord e that C mmission achieves its overall DBE Program goals and objectives, .ion encourages the participation of DBEs as defined in 49 CFR 26 in the oerform.° e of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission 1. Ensure nondiscrimination dministration of DOT -assisted contracts; 2. Create a level playin • o ! ich DBE's can compete fairly for DOT -assisted contracts; 3. Ensure that the D. .rogra s narrowly tailored in accordance with applicable law; 4. Ensure that only firm .t fully meet 49 C.F.R. part 26 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participation of DBEs in DOT assisted contracts; 6. To promote the use of DBEs in all types of federally assisted contracts and procurement activities; and 7. Assist in the development of firms that can compete successfully in the marketplace outside the DBE program. B. Discrimination: Consultant shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of subcontracts. Any terms used FTA Requirements- Page 4 903 herein that are defined in 49 CFR Part 26, or elsewhere in the Regulations, shall have the meaning set forth in the Regulations. C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race -Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no FTA DBE goal on this Project. Consultant shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Consultant shall adhere to race -neutral DBE participation commitment(s) made at the time of award. D. Race -Neutral DBE Submissions and Ongoin Award): At termination of the Contract, the succe submit to Commission a "DBE Race -Neutral Pa by Commission. In the event DBE(s) are utili Consultant shall comply with applicable reporti rting Requirements (Post- Co ��� tant shall complete and pation Lis in the form provided th :•erform:'` ce of the Agreement, ements. E. Performance of DBE Subconsult. ' ; E s •nsultants listed by Consultant in its "DBE Race -Neutral Participation Lis gig' t-': at the time of proposal shall perform the work and supply the terial hic they are listed, unless Consultant has received prior written auth• '' a 4 fro ommission to perform the work with other forces or to obtain the mat- .Is fr.. othe °.ources. Consultant shall provide written notification to Commission i t, er of any changes to its anticipated DBE participation. This noti - •ul.' , provided prior to the commencement of that portion of the work. F. DBE Certifica life of this Agreement, with the date of decertifi If a listed DBE subconsultant is decertified during the ertified subconsultant shall notify Consultant in writing n. If a non -DBE subconsultant becomes a certified DBE during the life of this Agreement, the DBE subconsultant shall notify Consultant in writing with the date of certification. Consultant shall furnish the written documentation to Commission in a timely manner. Consultant shall include this requirement in all subcontracts. G. Consultant's Assurance Clause Regarding Non -Discrimination: In compliance with State and Federal anti -discrimination laws, Consultant shall affirm that it will not exclude or discriminate on the basis of race, color, national origin, or sex in consideration of contract award opportunities. Further, Consultant shall affirm that they will consider, and utilize subconsultants and vendors, in a manner consistent with non-discrimination objectives. FTA Requirements- Page 5 904 H. Violations: Failure by the selected Consultant(s) to carry out these requirements shall be a material breach of the contract to be awarded pursuant to this RFP, which may result in the termination of the contract or such other remedy as the recipient deems appropriate, which may include, but is not limited to: (1) Withholding monthly progress payments; (2) Assessing sanctions; (3) Liquidated damages; and/or (4) Disqualifying the Consultant from future bidding as non -responsible. 49 C.F.R. § 26.13(b). I. Prompt Payment: Consultant shall pay its subconsultants for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Consultant. 49 C.F.R. § 26.29(a), unless a orter period is provided in the contract. J. Compliance with DBE Requirements Contained;;' TA comply with all DBE reporting and other requirem s contain visions: Consultant shall this Agreement. 7. Incorporation of Federal Transit Admini :=tion (FTA) Terms The preceding provisions include, required by DOT, whether or provisions. All contractual pr 4220.1F are hereby incor notwithstanding, all FTA ma conflict with other pro perform any act, fai which would caus andard Terms and Conditions forth in the preceding contract d by DOT, as set forth in FTA Circular nce. Anything to the contrary herein all be deemed to control in the event of a ained in this Agreement. The Consultant shall not ct, or refuse to comply with any RCTC requests ation of the FTA terms and conditions. 8. Debarment an • s • sion. The Consultant agrees to the following: (1) It will comply with the following requirements of 2 CFR Part 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR Part 1200. (2) It will not enter into any "covered transaction" (as that phrase is defined at 2 CFR §§ 180.220 and 1200.220) with any subconsultant whose principal is, suspended, debarred, or otherwise excluded from participating in covered transactions, except as authorized by— (i) U.S. DOT regulations, "Nonprocurement Suspension and Debarment," 2 CFR Part 1200; (ii) U.S. OMB regulatory guidance, "Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement)," 2 CFR Part 180; and (iii) Other applicable federal laws, regulations, or requirements regarding participation with debarred or suspended recipients or third party participants. FTA Requirements- Page 6 905 (3) It will review the U.S. GSA "System for Award Management — Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs," if required by U.S. DOT regulations, 2 CFR Part 1200. 9. ADA Access Requirements The Consultant shall comply with all applicable requirements of the Americans with Disabilities Act of 1990 (ADA), 42 USC Section 12101 et seq; Section 504 of the Rehabilitation Act of 1973, as amended, 29 USC Section 794; 49 USC Section 5301(d). 10. FIy America To the extent applicable to the Services, the Consultant agrees to comply with 49 U.S.C. 40118 (the "FIy America" Act) in accordance ,:,'th the General Services Administration's regulations at 41 CFR Part 301-10, wh' ;`' "provide that recipients and sub recipients of Federal funds and their consultants _ quired to use U.S. Flag air carriers for U.S. Government -financed international tra - -nd transportation of their personal effects or property, to the extent such rvice is able, unless travel by foreign air carrier is a matter of necessity, - efin • by the ly America Act. The Consultant shall submit, if a foreign air carrier -s •d, an appropriate certification or memorandum adequately explaining why servi ;•y a U.S. flag air carrier was not available or why it was necessary to u • s reig carrier and shall, in any event, provide a certificate of compliance with requirements. The Consultant agrees to include the requiremen of thi . - ion all subcontracts that may involve international air transportation. 11. Cargo Preference - ► of es -Flag Vessels To the extent applica• S- es, the Consultant agrees: 1. To use p •tely ow d United States -Flag commercial vessels to ship at least 50 pe . qt . e gross tonnage (computed separately for dry bulk carriers, dry c- liners, and tankers) involved, whenever shipping any equipment, material, or commodities pursuant to the underlying contract to the extent such vessels are available at fair and reasonable rates for United States -Flag commercial vessels; 2. To furnish within 20 working days following the date of loading for shipments originating within the United States or within 30 working days following the date of leading for shipments originating outside the United States, a legible copy of a rated, "on -board" commercial ocean bill -of -lading in English for each shipment of cargo described in the preceding paragraph to the Division of National Cargo, Office of Market Development, Maritime Administration, Washington, DC 20590 and to the FTA recipient (through the Consultant in the case of a subconsultant's bill -of -lading.) FTA Requirements- Page 7 906 3. To include these requirements in all subcontracts issued pursuant to this contract when the subcontract may involve the transport of equipment, material, or commodities by ocean vessel. 11. Buy America — Not applicable. 12. Employment Provisions To the extent applicable to the Services, Consultant shall comply with the following: A. Equal Employment Opportunity — Not applicable. B. Copeland "Anti -Kickback" Act (18 U.S.C. 874 and 40 U.S.C. 276c) — Not applicable. C. Contact Work Hours and Safety Standards Act 1 U.S.C. 327-333) —Not applicable. D. Release of Retainage No retainage will be withheld by the RCTC fm pr ess payments due Consultant. Retainage by Consultant or subconsultants is prohibited, and no retainage will be held by the prime consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by Consultant or defici nt subconsultant performance, or noncompliance by a subconsultant. 13. Termination nce RCTC may terminate the Feement for convenience in accordance with the terms of the Agreement. After such termination, the Consultant shall submit a final termination settlement proposal to RCTC as directed. If the Consultant fails to submit a proposal within the time allowed, RCTC may determine, on the basis of information available, the amount, if any due the Consultant because of the termination and shall pay the amount determined. After the Consultant's proposal is received, RCTC and Consultant shall negotiate a fair and equitable settlement and the contract will be modified to reflect the negotiated agreement. If agreement cannot be reached, RCTC may issue a final determination and pay the amount determined. If the Consultant does not agree with this final determination or the determination resulting from the lack of timely submission of a proposal, the Consultant may appeal under the Disputes clause. FTA Requirements- Page 8 907 14. Administrative and Contractual Remedies on Breach; Termination for Cause a.The Consultant may be declared in breach of this Agreement ("Breach") if the Consultant fails to make delivery of the supplies or to perform the services within the time specified herein or any extension thereof; or if the Consultant fails to perform any of the other provisions of the contract, or so fails to make progress as to endanger performance of this contract in accordance with its terms. In case of any of the foregoing, RCTC shall notify the Consultant of the Breach, and the Consultant shall have a period of ten (10) days (or such longer period as RCTC may authorize in writing) after receipt of notice from RCTC to cure the Breach. b. RCTC may, by written notice of termination to the Consultant specifying the effective date thereof, terminate the whole or any part of t .'a contract, in the case of a Breach that is not cured within the timeframe set forth in above ("Uncured Breach"). c. If the contract is terminated in whole or in may procure upon such terms and in such ma supplies or services similar to those so termi its own forces. The Consultant shall be liable similar supplies or services, and for any other co Uncured Breach. The Consultant shall extent not terminated under the provisio d. Except with respect to liable for any excess costs beyond the control and witho perform is caused by causes beyond the the fault or negli excess costs for fai the Subconsultant wer Consultant to meet the re for Uncured Breach, RCTC as RCT ay deem appropriate, ay com' ete the services with for any excess costs for such curred by RCTC as a result of the ormance of this contract to the bconsultants, the Consultant shall not be rform the contract arises out of causes gligence of the Consultant. If the failure to a Subconsultant, and if such default arises out of e Consultant and the Subconsultant, and without o hem, the Consultant shall not be liable for any m, unless the supplies or services to be furnished by ble from other sources in sufficient time to permit the d project completion schedule. e. Payment for completed services or supplies delivered to and accepted by RCTC shall be at the contract price. RCTC may withhold from amounts otherwise due the Consultant for such completed services or supplies such sum as RCTC determines to be necessary to protect RCTC against loss because of outstanding liens of claims of former lien holders, or to reimburse RCTC for any other costs related to the Uncured Breach. f. If, after notice of termination of this contract for cause, it is determined for any reason that an Uncured Breach did not exist, the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to the provisions for termination for convenience of RCTC. FTA Requirements- Page 9 908 g. The rights and remedies of RCTC provided in this clause shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance. h. Notwithstanding the above, RCTC may, without providing an opportunity to cure, terminate the contract in accordance with the timeframe set forth in Section 17 of the contract, if RCTC determines such action is in its best interest based on the nature of the Breach. Such actions shall not limit any of RCTC's remedies set forth above. 16. Disputes a. Except as otherwise provided in this Agreement, any dispute concerning a question of fact arising under this Agreement which is not disposed of by supplemental agreement shall be decided by RCTC's Deputy Executive Director, who sha duce the decision to writing and mail or otherwise furnish a copy thereof to the • Itant. The decision of the RCTC Deputy Executive Director shall be final an. wnclu unless, within thirty (30) days from the date of receipt of such copy, Co - ant mails . •therwise furnishes to the RCTC Deputy Executive Director a writte •pea -ddressew to RCTC's Executive Director. The decision of RCTC Executive Dire ► •uly authorized representative for the determination of such appeals shall be final a onclusive. b. The provisions of this Paragraph •e pleaded in any suit involving a question of fact arising under t gre- as miting judicial review of any such decision to cases where fraud s offi • I or his representative or board is alleged, provided, however, that any h de .ion s' I be final and conclusive unless the same is fraudulent or capricious o •' grossly erroneous as necessarily to imply bad faith or is not su• • -.- • ubstantial evidence. In connection with any appeal proceeding under th' . ara• h, Consultant shall be afforded an opportunity to be heard and to offer .ence in •po ` of its appeal. c. Pending final de • •n a dispute hereunder, Consultant shall proceed diligently with the performance of t greement and in accordance with the decision of RCTC's Deputy Executive Director. This "Disputes" clause does not preclude consideration of questions of law in connection with decisions provided for above. Nothing in this Agreement, however, shall be construed as making final the decision of any RCTC official or representative on a question of law, which questions shall be settled in accordance with the laws of the State of California. 17. Lobbying See the Byrd Anti -Lobbying Amendment, 31 U.S.C. 1352, as amended by the Lobbying Disclosure Act of 1995, P.L. 104-65 [to be codified at 2 U.S.C. § 1601, et seq.] - Consultants who apply or bid for an award of $100,000 or more shall file the certification required by 49 CFR part 20, "New Restrictions on Lobbying." Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to FTA Requirements- Page 10 909 pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal contract, grant or any other award covered by 31 U.S.C. 1352. Each tier shall also disclose the name of any registrant under the Lobbying Disclosure Act of 1995 who has made lobbying contacts on its behalf with non -Federal funds with respect to that Federal contract, grant or award covered by 31 U.S.C. 1352. Such disclosures are forwarded from tier to tier up to the recipient. The Offeror shall complete and submit with its bid/proposal the attached Certification Regarding Lobbying, and if applicable, the Standard Form-LLL, "Disclosure Form to Report Lobbying." 18. Energy Conservation The Consultant agrees to comply with mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act. 19. Clean Water a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. d. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 20. Clean Air a. The Consultant agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq. The Consultant agrees to report each violation to RCTC and understands and agrees that RCTC will, in turn, report each violation as required to assure notification to FTA and the appropriate EPA Regional Office. FTA Requirements- Page 11 910 b. The Consultant further agrees that: (1) It will not use any violating facilities; (2) It will report the use of facilities placed on or likely to be placed on the U.S. EPA "List of Violating Facilities;" (3) It will report violations of use of prohibited facilities to FTA; and (4) It will comply with the inspection and other requirements of the Clean Air Act, as amended, (42 U.S.C. §§ 7401 — 7671q); and the Federal Water Pollution Control Act as amended, (33 U.S.C. §§ 1251-1387). c. The Consultant also agrees to include these requirements in each subcontract exceeding $150,000 financed in whole or in part with Federal assistance provided by FTA. 21. Recycled Products Recovered Materials - The Consultant agrees to co Section 6002 of the Resource Conservation and (42 U.S.C. 6962), including but not limited to th 247, and Executive Order 12873, as they apply to the procurement of the ite CFR Part 247. 21. SPECIAL PROVISION FO Section 49. Centers for Dise for Persons to Wear Mask (a) Compliance with C ("CDC") Order of J While on Conveya Agreement. One of operating transportatio all subconsultants to com 4hall the requirements of overy Act (RCRA), as amended gulatory provisions of 40 CFR Part designated in Subpart B of 40 ROMOTING COVID-19 SAFETY rol and Prevention Order on Requirements Conveyances and at Transportation Hubs. er. The Centers for Disease Control and Prevention 2121, titled Requirement for Persons to Wear Masks ansportation Hubs ("CDC Mask Order"), applies to this s of the CDC Mask Order is "[m]aintaining a safe and Consultant agrees that it will comply, and will require with the CDC Mask Order. (b) Enforcement for non-compliance. Consultant agrees that FTA and RCTC may take enforcement action for non-compliance with the CDC Mask Order, including: (1) enforcement actions authorized by 49 U.S.C. § 5329(g); (2) referring Consultant to the CDC or other Federal authority for enforcement action; (3) enforcement actions authorized by 2 CFR §§ 200.339 — .340; and (4) any other enforcement action authorized by Federal law or regulation. FTA Requirements- Page 12 911 22.Safe Operation of Motor Vehicles Pursuant to Federal Executive Order No. 13043, "Increasing Seat Belt Use in the United States," April 16, 1997, 23 U.S.C. Section 402 note, FTA encourages each third party consultant to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company owned, rented, or personally operated vehicles, and to include this provision in each third party subcontract involving the project. a. The Consultant is encouraged to adopt and promote on-the-job seat belt use policies and programs for its employees and other personnel that operate company -owned vehicles, company -rented vehicles, or personally operated vehicles. The terms "company -owned" and "company -leased" refer to vehicles owned or leased either by the Consultant or RCTC. The Consultant agrees to adopt and enforce workplace safety policies to decrease crashes caused by distracted drivers, including policies to ban text messaging while using an electronic device supplied by an employer, and driving a vehicle the driver owns or rents, a vehicle Contactor owns, leases, or rents, or a privately -owned vehicle when on official business in connection with the work performed under this contract. FTA Requirements- Page 13 912 EXHIBIT "E" CERTIFICATE OF CONSULTANT I HEREBY CERTIFY that I am the and duly authorized representative of the firm of whose address is , and that, except as hereby expressly stated, neither I nor the above firm that I represent have: (a) employed or retained for a commission, percentage, brokerage, contingent fee, or other consideration, any firm or person (other than a bona fide employee working solely for me or the above consultant) to solicit or secure this agreement; nor (b) agreed, as an express or implied condition f.:; ;obtaining this Agreement, to employ or retain the services of any firm or . on in connection with carrying out the agreement; nor (c) paid, or agreed to pay, to any firm, fide employee working solely f contribution, donation, or considera procuring or carrying out thi- .,•reeme nization or < on (other than a bona he above consultant) any fee, any kind for, or in connection with, acknowledge that this Certificat made available to the California Department of Transportation s) onnection with this agreement involving participation of Federal -aid Hi• ' ds, is subject to applicable State and Federal laws, both criminal and civil. Name Title Exhibit E-1 17336.00023\34328429.1 913 Local Assistance Procedures Manual EXHBIT 10-Q Disclosure of Lobbying Activities EXHIBIT 10-Q DISCLOSURE OF LOBBYING ACTIVITIES COMPLETE THIS FORM TO DISCLOSE LOBBYING ACTIVITIES PURSUANT TO 31 U.S.C. 1352 1. Type of Federal Action: a. contract None b. grant c. cooperative agreement d. loan e. loan guarantee f. loan insurance 4. Name and Address of Reporting Entity nPrime nSubawardee Tier , if known Congressional District, if known 6. Federal Department/Agency: 8. Federal Action Number, if known: 10. Name and Address of Lobby Entity (If individual, last name, first name, MI) (attach Continua 12. Amount of Payment (check all that $ None n actual 13. Form of Payment (check all 8 a. cash b. in -kind; s 2. Status of Federal Action: 3. Report Type: ❑ a bid/offer/application n a. initial b. initial award b. material change e. post -award For Material Change Only: year quarter date of last report 5. If Reporting Entity in No. 4 is Subawardee, Enter Name and Address of Prime: Congression 'strict, if known 7. Federal am Name/Description: 1CF 1l/Numbi applicable 9. and Amount, I wn: 11. Ind als Performing Services (inc. ding address if different from No. 10) Oast me, first name, MI) ry) pe of Payment (check all that apply) a. retainer b. one-time fee c. commission d. contingent fee e deferred f. other, specify 15. Brief Descriptio ervices Per med or to be performed and Date(s) of Service, including officer(s), employee i r mem s) contacted, for Payment Indicated in Item 12: 16. Continuation Sheet(s) attached: (attach Continuation Sheet(s) if necessary) Yes pi No n 17. Information requested through this form is authorized by Title 31 U.S.C. Section 1352. This disclosure of lobbying reliance was placed by the tier above when his transaction was made or Signature: entered into. This disclosure is required pursuant to 31 U.S.C. print Name: Christine S. Santolucito 1352. This information will be reported to Congress semiannually and will be available for public inspection. Any person who fails to file the required disclosure shall be subject Title: President to a civil penalty of not less than $10,000 and not more than p 951-225 3500 x 101 10/21/2021 $100,000 for each such failure. Telephone No.: Date: Federal Use Only: Authorized for Local Reproduction Standard Form - LLL Standard Form LLL Rev. 04-28-06 Distribution: Orig- Local Agency Project Files LPP 13-01 APPEN9DIX L - 1 Page 1 May 8, 2013 AGENDA ITEM 6L RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Gary Ratliff, Facilities Administrator Marlin Feenstra, Project Delivery Director THROUGH: Anne Mayer, Executive Director SUBJECT: Agreement for Railroad Right of Way Property Maintenance Services WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve Agreement No. 22-33-014-00 with Joshua Grading & Excavating, Inc. for property maintenance services of Commission -owned railroad right of way (ROW) property for a five-year term in an amount not to exceed of $4.3 million; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to the contractor under the terms of the agreement. BACKGROUND INFORMATION: The Commission owns and maintains the San Jacinto Branch Line (SJBL) ROW, which includes twenty-four miles of operating railroad line and seventeen miles of non -operating rail line within the county of Riverside. The ROW is approximately 480 acres in size. The Perris Valley Line (PVL) is operated within the SJBL ROW through Riverside, Moreno Valley, and Perris, by the Southern California Regional Rail Authority (SCRRA). SCRRA operations include Metrolink commuter rail trains and BNSF Railway freight trains. The active PVL ROW maintenance service begins at the intersection of Iowa and Citrus in the city of Riverside and ends just south of the Perris South Metrolink station. The non -operating area starts at the intersection of Sherman Avenue and Case Road in the city of Perris, and ends north of West 7th Street in the city of San Jacinto. To comply with the Code of Federal Regulations, Title 49 Rail Safety, and other state and local laws, the Commission has the responsibility to provide various maintenance related services. Comprehensive ROW property maintenance services provide weed and vegetation control to achieve fire hazard prevention, herbicide and pesticide applications, trash and debris removal, graffiti abatement, minor grading work, drainage maintenance and repair, fencing installation Agenda Item 6L 915 and repair, tree maintenance, signal and sign maintenance, abatement of illegal structures, shelters, and related items, removal of encampments, and removal of hazardous materials. PROCUREMENT PROCESS: Staff determined the weighted factor method of source selection to be the most appropriate for this procurement, as it allows the Commission to identify the most advantageous proposal with price and other factors considered. Non -price factors include elements such as qualifications of firm and personnel and understanding and approach for railroad right of way property maintenance services as set forth under the terms of Request for Proposals (RFP) No. 22-33-014-00. RFP No. 22-33-014-00 for railroad ROW property maintenance services was released by staff on September 10, 2021. The RFP was posted on the Commission's PlanetBids website, which is accessible through the Commission's website. Utilizing PlanetBids, emails were sent to 80 firms, 23 of which are located in Riverside County. Through the PlanetBids site, 28 firms downloaded the RFP, and 2 of these firms are located in Riverside County. Staff responded to all questions submitted by potential proposers prior to the September 23, 2021 clarification deadline date. Two firms —Joshua Grading and Excavating, Inc. (Phelan), and RailWorks Track Systems (Santa Fe Springs) — submitted responsive proposals prior to the 2:00 p.m. submittal deadline on October 21, 2021. Utilizing the evaluation criteria set forth in the RFP, all firms were evaluated and scored by an evaluation committee comprised of Commission and Bechtel staff. As a result of the evaluation committee's assessment of the written proposals, the evaluation committee recommends contract award to Joshua Grading and Excavating Inc. for Railroad ROW Property Maintenance Services for a five-year term, not to exceed $4.3 million, as this firm earned the highest total evaluation score. A summary of the proposed costs submitted with the written proposals and the total evaluation score rankings following the final evaluation are summarized below: Firm Price Overall Ranking Joshua Grading and Excavating, Inc. $1,680,170.00 1 RailWorks Track Systems $2,089,545.95 2 The Commission's model on -call professional services agreement will be entered into with the contractor, pursuant to legal counsel review. Staff oversight of the contract and task orders will maximize the effectiveness of the contractor and minimize costs to the Commission. Staff recommends authorization for the Chair or Executive Director to finalize and execute the agreement on behalf of the Commission and for the Executive Director, or designee, to execute task orders awarded to the contractor under the terms of the agreement. Agenda Item 6L 916 Financial Information In Fiscal Year Budget: Yes N/A Year: FY 2021/22 FY 2022/23+ Amount: $450,000 $3,850,000 Source of Funds: 2009 Measure A Western County Rail Funds Budget Adjustment: No N/A GL/Project Accounting No.: 653800 86105 00000 0000 265 33 86105 XXXXXX 86105 00000 0000 265 33 86105 (various projects) Fiscal Procedures Approved: \✓ ,J Date: 11/10/2021 Attachment: Draft Agreement No. 22-33-014-00 with Joshua Grading and Excavating, Inc. Approved by the Western Riverside County Programs and Projects Committee on November 22, 2021 In Favor: 11 Abstain: 0 No: 0 Agenda Item 6L 917 RIVERSIDE COUNTY TRANSPORTATION COMMISSION ROUTINE AND ON -CALL RAILROAD RIGHT OF WAY MAINTENANCE SERVICES AGREEMENT 1. PARTIES AND DATE. This Agreement is made and entered into this [***INSERT DAY***] day of [***INSERT MONTH***], 2021 by and between the Riverside County Transportation Commission ("Commission") and Joshua Grading and Excavating, a Corporation with its principal place of business at 8450 White Road, Phelan, CA 92371 ("Contractor"). Commission and Contractor are sometimes individually referred to as "Party" and collectively as "Parties" in this Agreement. 2. RECITALS. 2.1 Commission is the Transportation Commission for the County of Riverside and organized under the laws of the State of California with the power to contract for services necessary to achieve its purpose. 2.2 Commission owns and operates nine (9) commuter rail stations and one transit center serving Riverside County, the addresses and descriptions of which are set forth in Exhibit "A", attached hereto and incorporated herein by reference ("Commuter Rail Stations"). 2.3 On or about September 10, 2021, Commission issued a Request for Proposals No. 22-33-014-00 ("RFP"), pursuant to which Commission sought proposals from contractors to provide routine and on -call railroad right of way maintenance services. 2.4 Contractor desires to perform and assume responsibility for the provision of certain routine and on -call railroad right of way maintenance services required by Commission on the terms and conditions set forth in this Agreement. 2.5 The work generally includes [INSERT GENERAL DESCRIPTION OF SERVICES]. Contractor represents that it is a professional Contractor, experienced in providing routine and on -call railroad right of way maintenance services to public clients, is familiar with the plans of Commission and is licensed in the State of California. A General Engineering Contractor License A is required for this Agreement. 2.6 On -call railroad right of way services shall be provided on the terms and conditions set forth in this Agreement and in the task order(s) to be solicited, awarded and authorized by Commission as further described in this Agreement ("Task Order"). 2.7 Commission desires to engage Contractor to render such services on a routine and an on -call basis as further detailed in this Agreement. Routine railroad right of way 1 17336.00603\34342935.1 918 maintenance services shall be as set forth in Exhibit "A", attached hereto and incorporated herein by reference. On -call railroad right of way services shall be ordered by Task Order(s) to be issued pursuant to this Agreement for future projects as set forth herein. The routine services set forth in Exhibit "A" and each individual project ordered under a Task Order shall be referred to, herein, collectively, as the "Project". 3. TERMS. 3.1 Statement of Services and Term. 3.1.1 General Statement of Services. Contractor promises and agrees to furnish to Commission all labor materials, tools, equipment, services, and incidental and customary work, as necessary, to fully and adequately provide the routine railroad right of way maintenance services as set forth in Exhibit "A" and any on -call railroad right of way maintenance services required by Commission, as shall be set forth in a Task Order, collectively referred to herein as the "Services". On -call Services shall be more particularly described in the individual Task Orders issued by the Commission's Executive Director or designee. No on -call Services shall be performed unless authorized by a fully executed Task Order. All Services shall be subject to, and performed in accordance with this Agreement, the relevant Task Order, the exhibits attached hereto and incorporated herein by reference, and all applicable local, state and federal laws, rules and regulations. -ma Vik 3.1.2 Term. The term of this Agreement shall be from [***INSERT START DATE***] to [***INSERT ENDING DATE***], unless earlier terminated as provided herein. Contractor shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines. The Parties may, by mutual, written consent, extend the term of this Agreement if necessary to complete the Services. 3.2 Responsibilities of Contractor. 3.2.1 Control and Payment of Subordinates; Independent Contractor. The Services shall be performed by Contractor or under its supervision. Contractor will determine the means, methods and details of performing the Services subject to the requirements of this Agreement. Commission retains Contractor on an independent contractor basis and not as an employee. Contractor retains the right to perform similar or different services for others during the term of this Agreement. Any additional personnel performing the Services under this Agreement on behalf of Contractor shall also not be employees of Commission and shall at all times be under Contractor's exclusive direction and control. Contractor shall pay all wages, salaries, and other amounts due such personnel in connection with their performance of Services under this Agreement and as required by law. Contractor shall be responsible for all reports and obligations respecting such additional personnel, including, but not limited to: social security taxes, income tax withholding, unemployment insurance, disability insurance, and workers' compensation insurance. 3.2.2 Schedule of Services. 2 17336.00603\34342935.1 919 (A) Routine Services. Contractor shall perform the routine railroad right of way maintenance Services expeditiously, within the term of this Agreement, and in accordance with the schedule provided by the Commission's representative.. (B) Task Orders; Commencement of Services; Schedule of Services. On -call Services under this Agreement shall be requested by the Commission pursuant to Task Order requests. If Commission accepts Consultant's Task Order proposal, Commission shall issue a purchase order or executed task order for the Services ("Commission's Task Order Authorization"). Consultant's agreement to the final terms of a proposed Task Order, Commission's Task Order Authorization and Consultant's commencement of the Services shall indicate the Parties' agreement to the terms of the relevant Task Order. Consultant shall commence Services under a Task Order within five (5) days of receiving Commission's Task Order Authorization. Consultant shall perform the on -call Services expeditiously, in accordance with the Schedule of Services set forth in a Task Order. (C) Conformance to Schedule. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with the conditions detailed herein. In order to facilitate Consultant's conformance with the Schedule, Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3.2.3 Conformance to Applicable Requirements. All work prepared by Contractor shall be subject to the approval of Commission. 3.2.4 Commission's Representative. The Commission hereby designates Executive Director, or his or her designee, to act as its representative for the performance of this Agreement ("Commission's Representative"). Commission's Representative shall have the power to act on behalf of the Commission for all purposes under this Agreement. Contractor shall not accept direction or orders from any person other than the Commission's Representative or his or her designee. 3.2.5 Contractor's Representative. Contractor hereby designates Muriel Craft, President, or his or her designee, to act as its representative for the performance of this Agreement ("Contractor's Representative"). Contractor's Representative shall have full authority to represent and act on behalf of the Contractor for all purposes under this Agreement. The Contractor's Representative shall supervise and direct the Services, using his best skill and attention, and shall be responsible for all means, methods, techniques, sequences and procedures and for the satisfactory coordination of all portions of the Services under this Agreement. 3.2.6 Coordination of Services. Contractor agrees to work closely with Commission staff in the performance of Services and shall be available to Commission's staff, consultants and other staff at all reasonable times. 3 17336.00603\34342935.1 920 3.2.7 Standard of Care; Performance of Employees. Contractor shall perform all Services under this Agreement in a skillful and competent manner, consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Contractor represents and maintains that it is skilled in the professional calling necessary to perform the Services. Contractor warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Finally, Contractor represents that it, its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services, and that such licenses and approvals shall be maintained throughout the term of this Agreement. As provided for in the indemnification provisions of this Agreement, Contractor shall perform, at its own cost and expense and without reimbursement from the Commission, any services necessary to correct errors or omissions which are caused by the Contractor's failure to comply with the standard of care provided for herein. Any employee of the Contractor or its sub -contractors who is determined by the Commission to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner acceptable to the Commission, shall be promptly removed from the Project by the Contractor and shall not be re-employed to perform any of the Services or to work on the Project. 3.2.8 Period of Performance. Contractor shall perform and complete all Services under this Agreement within the term set forth in Section 3.1.2 above ("Performance Time"). Contractor shall perform the Services in strict accordance with any completion schedule or Project milestones described in Exhibits "A" or "B" attached hereto, or which may be provided separately in writing to the Contractor. Contractor agrees that if the Services are not completed within the aforementioned Performance Time and/or pursuant to any such completion schedule or Project milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the Commission will suffer damage. 3.2.9 Disputes. Should any dispute arise respecting the true value of any work done, of any work omitted, or of any extra work which Contractor may be required to do, or respecting the size of any payment to Contractor during the performance of this Contract, Contractor shall continue to perform the Work while said dispute is decided by the Commission. If Contractor disputes the Commission's decision, Contractor shall have such remedies as may be provided by law. 3.2.10 Laws and Regulations; Employee/Labor Certifications. Contractor shall keep itself fully informed of and in compliance with all local, state and federal laws, rules and regulations in any manner affecting the performance of the Project or the Services, including all Cal/OSHA requirements, and shall give all notices required by law. Contractor shall be liable for all violations of such laws and regulations in connection with Services. If the Contractor performs any work knowing it to be contrary to such laws, rules and regulations and without giving written notice to the Commission, Contractor shall be solely responsible for all costs arising therefrom. Commission is a public entity of the State of California subject to, among other rules and regulations, the Public Utilities Code, Public Contract Code, and Labor Code of the State. It is stipulated and agreed that all provisions of the law applicable to the public contracts of a county transportation commissions are a part of this Agreement to the same extent as though set forth herein and will be complied with. These include but are not limited to the payment of prevailing 4 17336.00603\34342935.1 921 wages, the stipulation that eight (8) hours' labor shall constitute a legal day's work and that no worker shall be permitted to work in excess of eight (8) hours during any one calendar day except as permitted by law. Contractor shall defend, indemnify and hold Commission, its officials, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 3.2.10.1 Employment Eligibility; Contractor. By executing this Agreement, Contractor verifies that it fully complies with all requirements and restrictions of state and federal law respecting the employment of undocumented aliens, including, but not limited to, the Immigration Reform and Control Act of 1986, as may be amended from time to time. Such requirements and restrictions include, but are not limited to, examination and retention of documentation confirming the identity and immigration status of each employee of the Contractor. Contractor also verifies that it has not committed a violation of any such law within the five (5) years immediately preceding the date of execution of this Agreement, and shall not violate any such law at any time during the term of the Agreement. Contractor shall avoid any violation of any such law during the term of this Agreement by participating in an electronic verification of work authorization program operated by the United States Department of Homeland Security, by participating in an equivalent federal work authorization program operated by the United States Department of Homeland Security to verify information of newly hired employees, or by some other legally acceptable method. Contractor shall maintain records of each such verification, and shall make them available to the Commission or its representatives for inspection and copy at any time during normal business hours. The Commission shall not be responsible for any costs or expenses related to Contractor's compliance with the requirements provided for in Section 3.2.10 or any of its sub -sections. 3.2.10.2 Employment Eligibility; Subcontractors, Sub - subcontractors and consultants. To the same extent and under the same conditions as Contractor, Contractor shall require all of its subcontractors, sub -subcontractors and consultants performing any work relating to the Project or this Agreement to make the same verifications and comply with all requirements and restrictions provided for in Section 3.2.10.1. 3.2.10.3 Employment Eligibility; Failure to Comply. Each person executing this Agreement on behalf of Contractor verifies that they are a duly authorized officer of Contractor, and understands that any of the following shall be grounds for the Commission to terminate the Agreement for cause: (1) failure of Contractor or its subcontractors, sub - subcontractors or consultants to meet any of the requirements provided for in Sections 3.2.10.1 or 3.2.10.2; (2) any misrepresentation or material omission concerning compliance with such requirements (including in those verifications provided to the Contractor under Section 3.2.10.2); or (3) failure to immediately remove from the Project any person found not to be in compliance with such requirements. 3.2.10.4 Labor Certification. By its signature hereunder, Contractor certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 5 17336.00603\34342935.1 922 3.2.10.5 Equal Opportunity Employment. Contractor represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination. Contractor shall also comply with all relevant provisions of Commission's Disadvantaged Business Enterprise program, Affirmative Action Plan or other related programs or guidelines currently in effect or hereinafter enacted. 3.2.10.6 Air Quality. Contractor must fully comply with all applicable laws, rules and regulations in furnishing or using equipment and/or providing services, including, but not limited to, emissions limits and permitting requirements imposed by the California Air Resources Board (CARB). Contractor shall specifically be aware of the CARB limits and requirements' application to "portable equipment", which definition is considered by CARB to include any item of equipment with a fuel -powered engine. Contractor shall indemnify Commission against any fines or penalties imposed by CARB or any other governmental or regulatory agency for violations of applicable laws, rules and/or regulations by Contractor, its subcontractors, or others for whom Contractor is responsible under its indemnity obligations provided for in this Agreement. 3.2.10.7 Water Quality. (A) Management and Compliance. To the extent applicable, Contractor's Services must account for, and fully comply with, all local, state and federal laws, rules and regulations that may impact water quality compliance, including, without limitation, all applicable provisions of the Federal Water Pollution Control Act (33 U.S.C. §§ 1300); the California Porter -Cologne Water Quality Control Act (Cal Water Code §§ 13000-14950); laws, rules and regulations of the Environmental Protection Agency and the State Water Resources Control Board; the Commission's rules regarding discharges of storm water; and any and all regulations, policies, or permits issued pursuant to any such authority regulating the discharge of pollutants, as that term is used in the Porter -Cologne Water Quality Control Act, to any ground or surface water in the State. (B) Liability for Non -Compliance. Failure to comply with the laws, regulations and policies described in this Section is a violation of law that may subject Contractor or Commission to penalties, fines, or additional regulatory requirements. Contractor shall defend, indemnify and hold the Commission, its officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from and against any and all fines, penalties, claims or other regulatory requirements imposed as a result of Contractor's non-compliance with the laws, regulations and policies described in this Section, unless such non-compliance is the result of the sole established negligence, willful misconduct or active negligence of the Commission, its officials, officers, agents, employees or authorized volunteers. (C) Training. In addition to any other standard of care requirements set forth in this Agreement, Contractor warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them 6 17336.00603\34342935.1 923 without impacting water quality in violation of the laws, regulations and policies described in this Section. Contractor further warrants that it, its employees and subcontractors will receive adequate training, as determined by Commission, regarding the requirements of the laws, regulations and policies described in this Section as they may relate to the Services provided under this Agreement. Upon request, Commission will provide Contractor with a list of training programs that meet the requirements of this paragraph. 3.2.11 Insurance. 3.2.11.1 Time for Compliance. Contractor shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this section, in a form and with insurance companies acceptable to the Commission. In addition, Contractor shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this section. 3.2.11.2 Minimum Requirements. Contractor shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Contractor, its agents, representatives, employees or subcontractors. Contractor shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (A) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability: Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001 or exact equivalent); (2) Automobile Liability: Insurance Services Office Business Auto Coverage (form CA 0001, code 1 (any auto) or exact equivalent); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (B) Minimum Limits of Insurance. Contractor shall maintain limits no less than: (1) General Liability: $2,000,000 per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or other form with general aggregate limit is used, either the general aggregate limit shall apply separately to this Agreement/location or the general aggregate limit shall be twice the required occurrence limit; (2) Automobile Liability: $2,000,000 per accident for bodily injury and property damage; and (3) if Contractor has an employees, Workers' Compensation and Employer's Liability: Workers' Compensation limits as required by the Labor Code of the State of California. Employer's Practices Liability limits of $1,000,000 per accident. 3.2.11.3 Insurance Endorsements. The insurance policies shall contain the following provisions, or Contractor shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: 7 17336.00603\34342935.1 924 (A) General Liability. (i) Commercial General Liability Insurance must include coverage for (1) bodily Injury and property damage; (2) personal Injury/advertising Injury; (3) premises/operations liability; (4) products/completed operations liability; (5) aggregate limits that apply per Project; (6) explosion, collapse and underground (UCX) exclusion deleted; (7) contractual liability with respect to this Agreement; (8) broad form property damage; and (9) independent contractors coverage. (ii) The policy shall contain no endorsements or provisions limiting coverage for (1) contractual liability; (2) cross liability exclusion for claims or suits by one insured against another; or (3) contain any other exclusion contrary to this Agreement. (iii) The policy shall give the Commission, its directors, officials, officers, employees, and agents insured status using ISO endorsement forms 20 10 10 01 and 20 37 10 01, or endorsements providing the exact same coverage. (iv) The additional insured coverage under the policy shall be "primary and non-contributory" and will not seek contribution from the Commission's insurance or self-insurance and shall be at least as broad as CG 20 01 04 13, or endorsements providing the exact same coverage. _lf (B) Automobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, its directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Contractor or for which the Contractor is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, its directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Contractor's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, its directors, officials, officers, employees and agents shall be excess of the Contractor's insurance and shall not be called upon to contribute with it in any way. (C) Workers' Compensation and Employers Liability Coverage. (i) Contractor certifies that he/she is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and he/she will comply with such provisions before commencing work under this Agreement. (ii) The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Contractor. The Contractor hereby waives any such rights of subrogation that the Contractor may have, and shall obtain a similar waiver from any subcontractors. 8 17336.00603\34342935.1 925 (D) Railroad Protective Liability. In addition to the above, Contractor shall, in connection with any performance of the Services or the Project within twenty-five (25) feet vertically or horizontally of the railroad tracks, either directly by Contractor or by its subconsultants, acquire and keep in force during such performance, railroad protective liability insurance with a combined single limit of two million dollars ($2,000,000) and a general aggregate of six million dollars ($6,000,000). (E) All Coverages. (i) Defense costs shall be payable in addition to the limits set forth hereunder. (ii) Requirements of specific coverage or limits contained in this section are not intended as a limitation on coverage, limits, or other requirement, or a waiver of any coverage normally provided by any insurance. It shall be a requirement under this Agreement that any available insurance proceeds broader than or in excess of the specified minimum insurance coverage requirements and/or limits set forth herein shall be available to the Commission, its directors, officials, officers, employees and agents as additional insureds under said policies. Furthermore, the requirements for coverage and limits shall be (1) the minimum coverage and limits specified in this Agreement; or (2) the broader coverage and maximum limits of coverage of any insurance policy or proceeds available to the named insured; whichever is greater. (iii) The limits of insurance required in this Agreement may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also apply on a primary and non-contributory basis for the benefit of the Commission (if agreed to in a written contract or agreement) before the Commission's own insurance or self-insurance shall be called upon to protect it as a named insured. The umbrella/excess policy shall be provided on a "following form" basis with coverage at least as broad as provided on the underlying policy(ies). (iv) Contractor shall provide the Commission at least thirty (30) days prior written notice of cancellation of any policy required by this Agreement, except that the Contractor shall provide at least ten (10) days prior written notice of cancellation of any such policy due to non-payment of premium. If any of the required coverage is cancelled or expires during the term of this Agreement, the Contractor shall deliver renewal certificate(s) including the General Liability Additional Insured Endorsement to the Commission at least ten (10) days prior to the effective date of cancellation or expiration. (v) The retroactive date (if any) of each policy is to be no later than the effective date of this Agreement. Contractor shall maintain such coverage continuously for a period of at least three years after the completion of the work under this Agreement. Contractor shall purchase a one (1) year extended reporting period A) if the retroactive 9 17336.00603\34342935.1 926 date is advanced past the effective date of this Agreement; B) if the policy is cancelled or not renewed; or C) if the policy is replaced by another claims -made policy with a retroactive date subsequent to the effective date of this Agreement. (vi) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Contractor, and any approval of said insurance by the Commission, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Contractor pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (vii) If at any time during the life of the Agreement, any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, Commission has the right but not the duty to obtain the insurance it deems necessary and any premium paid by Commission will be promptly reimbursed by Contractor or Commission will withhold amounts sufficient to pay premium from Contractor payments. In the alternative, Commission may cancel this Agreement. The Commission may require the Contractor to provide complete copies of all insurance policies in effect for the duration of the Project. (viii) Neither the Commission nor any of its directors, officials, officers, employees or agents shall be personally responsible for any liability arising under or by virtue of this Agreement. Each insurance policy required by this Agreement shall be endorsed to state that: 3.2.11.4 Deductibles and Self -Insurance Retentions. Any deductibles or self -insured retentions must be declared to and approved by the Commission. If the Commission does not approve the deductibles or self -insured retentions as presented, Contractor shall guarantee that, at the option of the Commission, either: (1) the insurer shall reduce or eliminate such deductibles or self -insured retentions as respects the Commission, its directors, officials, officers, employees and agents; or, (2) the Contractor shall procure a bond guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses. 3.2.11.5 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 3.2.11.6 Verification of Coverage. Contractor shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 10 17336.00603\34342935.1 927 3.2.11.7 Subcontractor Insurance Requirements. Contractor shall not allow any subcontractors or subcontractors to commence work on any subcontract until they have provided evidence satisfactory to the Commission that they have secured all insurance required under this section. Policies of commercial general liability insurance provided by such subcontractors or subcontractors shall be endorsed to name the Commission as an additional insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same coverage. If requested by Contractor, the Commission may approve different scopes or minimum limits of insurance for particular subcontractors or subcontractors. 3.2.12 Safety. Contractor shall execute and maintain its work so as to avoid injury or damage to any person or property. In carrying out its Services, the Contractor shall at all times be in compliance with all applicable local, state and federal laws, rules and regulations, and shall exercise all necessary precautions for the safety of employees appropriate to the nature of the work and the conditions under which the work is to be performed. Safety precautions as applicable shall include, but shall not be limited to: (A) adequate life protection and life saving equipment and procedures; (B) instructions in accident prevention for all employees and subcontractors, such as safe walkways, scaffolds, fall protection ladders, bridges, gang planks, confined space procedures, trenching and shoring, equipment and other safety devices, equipment and wearing apparel as are necessary or lawfully required to prevent accidents or injuries; and (C) adequate facilities for the proper inspection and maintenance of all safety measures. 3.2.13 Accounting Records. Contractor shall maintain complete and accurate records with respect to all costs and expenses incurred under this Agreement. All such records shall be clearly identifiable. Contractor shall allow a representative of Commission during normal business hours to examine, audit, and make transcripts or copies of such records and any other documents created pursuant to this Agreement. Contractor shall allow inspection of all work, data, documents, proceedings, and activities related to the Agreement for a period of three (3) years from the date of final payment under this Agreement. 3.3 Fees and Payments; Labor Code Requirements. 3.3.1 Compensation. Contractor shall receive compensation, including authorized reimbursements, for all Services rendered under this Agreement at the rates set forth in Exhibit "B" attached hereto and incorporated herein by reference. The total compensation to be provided under this Agreement, including all Task Orders issued pursuant to this Agreement shall not exceed 1 INSERT DOLLAR AMOUNT 1. The total compensation per Task Order shall be set forth in the relevant Task Order, and shall not exceed said amount without the written approval of the Commissioner's Executive Director. Extra Work may be authorized, as described below, and if authorized, will be compensated at the rates and manner set forth in this Agreement. 3.3.2 Payment of Compensation. Contractor shall submit to Commission a monthly itemized statement which indicates work completed and hours of Services rendered by Contractor. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. Commission shall, within 45 days of receiving such statement, review the statement and pay all approved charges thereon. 11 17336.00603\34342935.1 928 3.3.3 Reimbursement for Expenses. Contractor shall not be reimbursed for any expenses unless authorized in writing by Commission. 3.3.4 Extra Work. At any time during the term of this Agreement, Commission may request that Contractor perform Extra Work. As used herein, "Extra Work" means any work which is determined by Commission to be necessary for the proper completion of the Project, but which the parties did not reasonably anticipate would be necessary at the execution of this Agreement. Contractor shall not perform, nor be compensated for, Extra Work without written authorization from Commission's Representative. 3.3.5 Prevailing Wages. Contractor is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects. Since the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and since the total compensation is $1,000 or more, Contractor agrees to fully comply with such Prevailing Wage Laws. Commission shall provide Contractor with a copy of the prevailing rates of per diem wages in effect at the commencement of this Agreement. Contractor shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Contractor's principal place of business and at the project site. Contractor shall defend, indemnify and hold the Commission, its officials, officers, employees and agents free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. 3.3.6 Payroll Records. In accordance with the requirements of California Labor Code Section 1776, Contractor shall keep accurate payroll records which are either on forms provided by the Division of Labor Standards Enforcement or which contain the same information required by such forms. Responsibility for compliance with California Labor Code Section 1776 shall rest solely with Contractor, and Contractor shall make all such records available for inspection at all reasonable hours. 3.3.7 Registration. Since the Services are being performed as part of an applicable "public works" or "maintenance" project, then pursuant to Labor Code Sections 1725.5 and 1771.1, the Contractor and all subcontractors must be registered with the Department of Industrial Relations. Contractor shall maintain registration for the duration of the Project and require the same of any subcontractor. This Project may also be subject to compliance monitoring and enforcement by the Department of Industrial Relations. It shall be Contractor's sole responsibility to comply with all applicable registration and labor compliance requirements. 3.3.8 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. 12 17336.00603\34342935.1 929 If California Labor Code Section 1777.5 applies to the Services, Contractor and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Contractor or any sub -contractor for the employment and training of apprentices. Upon issuance of this certificate, Contractor and any sub -contractor shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the responsibility for compliance with provisions of this Section and with Sections 1777.5, 1777.6 and 1777.7 of the California Labor Code in regard to all apprenticeable occupations lies with Contractor. 3.3.9 Eight -Hour Law. Pursuant to the provisions of the California Labor Code, eight hours of labor shall constitute a legal day's work, and the time of service of any worker employed on the work shall be limited and restricted to eight hours during any one calendar day, and forty hours in any one calendar week, except when payment for overtime is made at not less than one and one-half the basic rate for all hours worked in excess of eight hours per day ("Eight - Hour Law"), unless Contractor or the Services are not subject to the Eight -Hour Law. Contractor shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -contractor under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Contractor or the Services are not subject to the Eight -Hour Law. 3.4 Termination of Agreement. 3.4.1 Grounds for Termination. Commission may, by written notice to Contractor, terminate the whole or any part of this Agreement at any time and without cause by giving written notice to Contractor of such termination, and specifying the effective date thereof, at least seven (7) days before the effective date of such termination. Upon termination, Contractor shall be compensated only for those services which have been adequately rendered to Commission, and Contractor shall be entitled to no further compensation. Contractor may not terminate this Agreement except for cause. 3.4.2 Effect of Termination. If this Agreement is terminated as provided herein, Commission may require Contractor to provide all finished or unfinished Documents and Data and other information of any kind prepared by Contractor in connection with the performance of Services under this Agreement. Contractor shall be required to provide such document and other information within fifteen (15) days of the request. 3.4.3 Additional Services. In the event this Agreement is terminated in whole or in part as provided herein, Commission may procure, upon such terms and in such manner as it may determine appropriate, services similar to those terminated. 13 17336.00603\34342935.1 930 3.5 General Provisions. 3.5.1 Delivery of Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: CONSULTANT: Attn: COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. Mail, first class postage prepaid and addressed to the party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 3.5.2 Indemnification. 3.5.2.1 Scope of Indemnity. To the fullest extent permitted by law, Contractor shall defend, indemnify and hold the Commission, its officials, officers, employees, volunteers and agents free and harmless from any and all claims, demands, causes of action, costs, expenses, liability, loss, damage or injury of any kind, in law or equity, to property or persons, including wrongful death, in any manner arising out of, pertaining to, or incident to any alleged acts, errors or omissions of Contractor, its officials, officers, employees, subcontractors, contractors or agents in connection with the performance of the Services, the Project, this Agreement or any Task Order, including without limitation the payment of all consequential damages, expert witness fees and attorneys' fees and other related costs and expenses. Notwithstanding the foregoing, to the extent Contractor's Services are subject to Civil Code Section 2782.8, the above indemnity shall be limited, to the extent required by Civil Code Section 2782.8, to claims that arise out of, pertain to, or relate to the negligence, recklessness, or willful misconduct of the Contractor. 3.5.2.2 Additional Indemnity Obligations. Contractor shall defend, with Counsel of Commission's choosing and at Contractor's own cost, expense and risk, any and all claims, suits, actions or other proceedings of every kind covered by Section 3.5.2.1 that may be brought or instituted against Commission or its officials, officers, employees, volunteers and agents. Contractor shall pay and satisfy any judgment, award or decree that may be rendered against Commission or its officials, officers, employees, volunteers and agents as part of any such claim, suit, action or other proceeding. Contractor shall also reimburse Commission for the cost of any settlement paid by Commission or its officials, officers, employees, agents or volunteers as part of any such claim, suit, action or other proceeding. Such reimbursement shall include payment for Commission's attorneys' fees and costs, including expert witness fees. Contractor shall reimburse Commission and its officials, officers, employees, agents, and/or volunteers, for any and all legal expenses and costs incurred by each of them in connection therewith or in enforcing 14 17336.00603\34342935.1 931 the indemnity herein provided. Contractor's obligation to indemnify shall survive expiration or termination of this Agreement, and shall not be restricted to insurance proceeds, if any, received by the Commission, its officials officers, employees, agents, or volunteers. 3.5.3 Governing Law; Government Code Claim Compliance. This Agreement shall be governed by the laws of the State of California. Venue shall be in Riverside County. In addition to any and all contract requirements pertaining to notices of and requests for compensation or payment for extra work, disputed work, claims and/or changed conditions, Contractor must comply with the claim procedures set forth in Government Code sections 900 et seq. prior to filing any lawsuit against the Commission. Such Government Code claims and any subsequent lawsuit based upon the Government Code claims shall be limited to those matters that remain unresolved after all procedures pertaining to extra work, disputed work, claims, and/or changed conditions have been followed by Contractor. If no such Government Code claim is submitted, or if any prerequisite contractual requirements are not otherwise satisfied as specified herein, Contractor shall be barred from bringing and maintaining a valid lawsuit against the Commission. 3.5.4 Time of Essence. Time is of the essence for each and every provision of this Agreement. 3.5.5 Commission's Right to Employ Other Contractors. Commission reserves right to employ other contractors in connection with this Project. 3.5.6 Successors and Assigns. This Agreement shall be binding on the successors and assigns of the parties. 3.5.7 Assignment or Transfer. Contractor shall not assign, hypothecate or transfer, either directly or by operation of law, this Agreement or any interest herein without the prior written consent of the Commission. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. Subcontracts, if any, shall contain a provision making them subject to all provisions stipulated in this Agreement. 3.5.8 Construction; References; Captions. Since the Parties or their agents have participated fully in the preparation of this Agreement, the language of this Agreement shall be construed simply, according to its fair meaning, and not strictly for or against any Party. Any term referencing time, days or period for performance shall be deemed calendar days and not work days. All references to Contractor include all personnel, employees, agents, and subcontractors of Contractor, except as otherwise specified in this Agreement. All references to Commission include its officials, officers, employees, agents, and volunteers except as otherwise specified in this Agreement. The captions of the various articles and paragraphs are for convenience and ease of reference only, and do not define, limit, augment, or describe the scope, content or intent of this Agreement. 3.5.9 Amendment; Modification. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 3.5.10 Waiver. No waiver of any default shall constitute a waiver of any other default or breach, whether of the same or other covenant or condition. No waiver, benefit, 15 17336.00603\34342935.1 932 privilege, or service voluntarily given or performed by a Party shall give the other Party any contractual rights by custom, estoppel or otherwise. 3.5.11 No Third Party Beneficiaries. Except to the extent expressly provided for in Section 3.5.7, there are no intended third party beneficiaries of any right or obligation assumed by the Parties. 3.5.12 Invalidity; Severability. If any portion of this Agreement is declared invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 3.5.13 Prohibited Interests. Contractor maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Contractor, to solicit or secure this Agreement. Further, Contractor warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Contractor, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. Contractor further agrees to file, or shall cause its employees or subcontractors to file, a Statement of Economic Interest with the Commission's Filing Officer as required under state law in the performance of the Services. For breach or violation of this warranty, Commission shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of Commission, during the term of his or her service with Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 3.5.14 Cooperation; Further Acts. The Parties shall fully cooperate with one another, and shall take any additional acts or sign any additional documents as may be necessary, appropriate or convenient to attain the purposes of this Agreement. 3.5.15 Authority to Enter Agreement. Contractor has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each Party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and bind each respective Party. 3.5.16 Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 3.5.17 Entire Agreement. This Agreement contains the entire Agreement of the parties with respect to the subject matter hereof, and supersedes all prior negotiations, understandings or agreements. This Agreement may only be modified by a writing signed by both parties. 3.5.18 Federal Provisions. If funding for the Services is provided, in whole or in part, by the Federal Transportation Administration ("FTA") Contractor shall also fully and adequately comply with the provisions included in Exhibit "D" (Federal Requirements) attached hereto and incorporated herein by reference ("Federal Requirements"). With respect to any conflict between such Federal Requirements and the terms of this Agreement and/or the provisions of state law, the more stringent requirement shall control. 16 17336.00603\34342935.1 933 3.5.19 Electronically Transmitted Signatures; Electronic Signatures. A manually signed copy of this Agreement which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement for all purposes. This Agreement may be signed using an electronic signature. SIGNATURE PAGE FOR ROUTINE AND ON -CALL RAILROAD RIGHT OF WAY MAINTENANCE SERVICES AGREEMENT IN WITNESS WHEREOF, the Parties have entered into this Agreement as of the date first set forth above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION Anne Mayer, Executive Director Approved as to form: Best Best & Krieger LLP General Counsel CONTRACTOR 14 Signature 17 Name Title Contractor's License umber: Classification: ATTEST: Signature Name Title 17336.00603\34342935.1 934 A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above referenced persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 18 17336.00603\34342935.1 935 EXHIBIT "A" - STATEMENT OF WORK EXHIBIT "B" - COMPENSATION EXHIBIT "C" - FEDERAL REQUIREMENTS 19 17336.00603\34342935.1 936 STATEMENT OF WORK RAILROAD RIGHT OF WAY PROPERTY MAINTENANCE SERVICES 1. BACKGROUND The Riverside County Transportation Commission (Commission) owns and maintains approximately 24 miles of the operating railroad right of way, within the County of Riverside. Refer to the attached RCTC ROW Map. This Corridor is operated by the Southern California Regional Rail Authority (SCRRA), for the Metrolink commuter trains and freight trains by the Burlington Northern Railway (BNSF). To allow for the safe and efficient operation of passenger and freight trains, the railroad ROW needs to comply with Federal, State, and local regulations regarding weed abatement, fire prevention, and nuisance liability standards. The awarded firm will need to meet all SCRRA's training and certification requirements within 30 days after the execution of the contract. 2. WORK TO BE PERFORMED The Consultant shall provide right of way maintenance services for the San Jacinto Branchline Subdivisions. The Consultant shall maintain the appearance of the property, facilities and structures (bridges, retaining walls and signs); in compliance with Federal Railroad Administration (FRA), California Public Utilities Commission, and the various municipal code requirements of the local agencies within the County of Riverside. Services shall consist of weed abatement & vegetation control (fire hazard prevention), herbicide & pesticide applications, removal of debris & trash, fencing and barricade installation and/or repairs, drainage repairs, graffiti abatement & control, tree trimming & removals, installation/maintenance/repair of railroad signage, and abatement of illegal structures and shelters and related items, materials and substances associated with transient or homeless persons trespassing upon the ROW, which shall be carried out in coordination with applicable local law enforcement and in accordance with direction from the Commission and its legal counsel, which may require consultation and coordination with recognized service agencies and/or advocacy organizations serving the homeless population in appropriate cases. The removal of hazardous materials shall be coordinated with a licensed hazardous material Consultant. Services and or projects outside the day-to-day routine maintenance activities will be reviewed and completed under a task order. The Consultant will state reason for said services and or projects or may be assigned a project. A scope of work will be provided, and the Consultant shall provide a bid to complete the project. The pricing shall match the Consultant's labor and equipment pricing in the contract. Once a task order has be executed, the contractor may began the work. EXHIBIT A - 1 937 2.1 Weed Abatement & Vegetation Control Weed abatement and vegetation control, shall be performed in accordance with California Health and Safety Codes and municipal code requirements of the County of Riverside. The purpose of this service is to prevent fire hazards posed by vegetative growth and accumulation of combustible materials. Except as noted below, vegetation and weeds should be regulated and cut so as to not exceed 6 inches in height within the right of ways, and shall be kept at 3 inches when 0 to 100 feet from structures. Weed abatement shall be by mowing, gas powered weed trimmers or by use of hand tools, to augment the herbicide program. Consultant shall dispose of vegetation and/or weeds (including cut brush). Decorative landscaping, erosion control, vegetation, and natural vegetation in open space areas, which is more than 20 ft. from centerline of track, will be removed at the direction of the Commission's Project Manager. 2.2. Herbicide and Pesticide Application Herbicide application will be a pre -emergent application in the fall and spot treatments of contact herbicides on an as necessary basis during the Summer and late Fall. Herbicide application shall be completed by a Certified Pest Control Applicator, under the supervision of a Pest Control Advisor. All personnel shall be licensed, by the State of California and all work will have written Pest Control Recommendations - submitted to the County Agricultural Commissioner in accordance with applicable regulations. The Commission's Project Manager will confer with the Pest Control Advisor to determine the best chemical and rate of application on an individual parcel basis. This work is supplemental to herbicide control currently performed by SCRRA's Track, Structures and Right of way Maintenance Consultant, under separate contract. The Commission will identify areas that require Herbicide Control. The Commission's Project Manager shall be notified at least one week in advance of the time set for application of any chemicals so that a Commission representative may witness the application. The notification shall include all related MSDS certifications for all herbicides, pest control, and other chemical materials. 2.3 Clean -Up of Debris and Trash (non -hazardous waste) Consultant shall pick-up all debris and trash, on the right of ways, and will remove and dispose of vegetation and refuse at specified dump sites within Riverside County. Materials to be removed may include, but are not limited to, broken concrete, asphalt, construction debris, scrap metal, furniture, appliances, automobile parts, shopping carts, tires, trees, dead vegetation, dead animals, bagged or loose trash. Individual items will be EXHIBIT A - 2 938 handled manually within Occupational Safety and Health Administration (OSHA) guidelines. Items removed which may be potentially hazardous, must be done so appropriately, under such guidelines All dump fees associated with maintenance services on the right of ways will be reimbursed at cost. 2.4 Fence and Barricade Installation, Repairs and Minor Upgrades Work shall consist of new fence installation, repair to existing, and incidental upgrades to: welded wire mesh, chain link, post and cable, and any other fencing or barrier repairs as may be required. The frequency of fence repair is dependent upon vandalism and/or accidents which occur along the right of way. New fence material shall be chain link, welded wire mesh, or a Commission approved equal. New fence installation will be at the direction of the Commission's Project Manager. 2.5 Drainage System and Maintenance Repairs Consultant shall remove silt, drift, and/or obstructions, from drainage channels, and restore erosion damage, upon direction of the Commission's Project Manager. The removal of vegetation and/or debris will be done in a manner which preserves the functional performance of all drainage facilities and in a manner that does not create depressions in the ground capable of ponding water. Consultant will also be required to maintain the Commission's railroad right of way vehicular access roads, removing any obstructions and repairing erosion damage. Consultant shall place erosion prevention materials (i.e. sandbags, silt fence, fiber rolls, etc.) along areas of ROW where potential flooding of adjacent properties may occur at the Commission's Project Manager's direction. This shall be done prior to any inclement weather, if possible. The Commission's Project Manager may request Consultant's crew work outside of normal scheduled days during times of excessive inclement weather. 2.6 Graffiti Abatement & Control Consultant shall control graffiti through painting or cleaning on structures, walls, fences, signs, bridges and abutments, under the direction of the Commission's Project Manager. Paint shall be applied by roller, brush, or spray apparatus, (including extension arms from 10' to 25'), when requested. Consultant shall use water -based paint, except on roadway signs, where chemical cleaners will be used. (Consultant will consult with the Commission's Project Manager for situations where cleaning is ineffective, and may be directed to utilize other cleaners or to apply aluminum paint.) Application of paint or cleaning of graffiti will be performed so as to preserve railroad operating information on signs, and structures (only as directed) (e.g. speed signs, milepost signs, and roadway EXHIBIT A - 3 939 signs). Graffiti removal on aluminum signal houses and apparatus' will be handled by SCRRA Signal forces. 2.7 Tree Trimming and Removals Consultant shall trim and/or remove trees in order to maintain clear visibility of railroad signals and grade crossings, as well as those on the Commission's property causing harm to adjacent property/facilities/etc. Consultant shall provide labor and equipment necessary to clear areas where required in order to maintain the right of ways and railroad signals, unobstructed. Work will consist of tree trimming and/or removals, occasional tree replanting, pole line removal and transport and brush removal. Due to the inaccessibility of certain properties, some trees may need to be climbed with the aid of ropes and others may require use of boom truck with a standard bucket lift, in order to be trimmed. Fall Protection shall be used where required. Tree Work Safety: The Consultant shall perform their work method in compliance with federal standards, local city ordinances and requirements, and CCR Title 8 (Cal/OSHA), Article 12. Tree Work, Maintenance or Removal Standards, and Subchapter 13, Logging and Sawmill Safety Orders, Article 5. Falling and Bucking as applicable to scope. The Consultant shall fully understand and comply with the applicable Cal/OSHA standards and maintain required documentation available at the scope task site for review by the Authority's representative. 2.8 Maintenance, Repair and/or New Installation of Property and No -Trespassing Signs Maintenance of existing property and no -trespassing signs within the Commission's owned property shall consist of cleaning (wiping clean, or by chemical cleaner) signs to remove graffiti or other substance hindering visibility of words. Repair will consist of correcting bent or broken posts and replace missing hardware (anti -vandalism type). Repair to existing signage is required prior to replacing with new. Consultant shall provide necessary chemicals for removal of graffiti from signs, as well as other materials required to perform this task. 2.9 Pest/Insect Control Consultant shall perform, on a case by case basis, reasonable pest/insect control to maintain the railroad right of way free of pests/insects. The Consultant shall possess the proper licenses (Qualified Applicator Certificate, QAC) for pest and weed abatement. Consultant shall comply with all laws, regulations and maintain all service records of all chemical applications. EXHIBIT A - 4 940 2.10 Flagging Consultant will have available an Employee in Charge (EIC)/Flagman as needed, to provide protection for other municipalities or Commission staff that may need access to the operating right of way. 3. LABOR SKILLS AND STANDARDS OF PERFORMANCE These performance standards shall apply to Consultant in the performance of any subsequent work or specialized trades herein, including any sub- Consultant(s) that may be employed by the Consultant. Failure to begin and diligently prosecute the services as further described herein may be considered grounds for termination of the contract. It will be the Consultant's responsibility to obtain the necessary labor, materials, and/or sub --Consultant resources to complete the assignment(s) If any person employed by the Consultant, or employed as a sub- Consultant, should fail or refuse to carry out the work or shall appear to be incompetent or to act in a disorderly manner, he/she shall be discharged immediately upon the request of the Commission and such person shall not again be employed for any of the services required for the Commission. The Consultant is responsible for determining the correct number of personnel (estimated at 4 plus a foreman), labor classifications, and equipment necessary to complete the work. 3.1 Key Personnel The Consultant shall provide resumes of proposed qualified staff and references, as indicated. 3.2 Project Manager Duties: l Plans, directs, and coordinates the activities of the Consultant (including all sub - Consultants) in performance of the Services to assure compliance with Agreement terms and conditions, applicable regulations, Commission standards, and budgets. Serves as the point of contact for the Commission staff for all matters relating to the Agreement. Reviews, annual budget and work plan, training schedule, invoices. Supervises, promotes, manages, transfers, and disciplines Consultant staff and arranges with the Commission for EXHIBIT A - 5 941 replacement personnel in the event of vacancies. Minimum Requirements: • Desire 10 years' experience in supervising or directing the work of others engaged in railroad right of way maintenance and five years' experience in managing construction and/or maintenance. • Knowledge of 49 CFR 214 Subpart C- Roadway Worker Protection and SCRRA'S MAINTENANCE OF WAY OPERATING RULES and INSTRUCTIONS and all safety requirements. • Knowledge of the safe and proper procedures for maintenance within operating railroad environment. • Knowledge of the safe and proper procedures hand and power tools maintenance equipment. • Must be able to demonstrate ability to communicate in written and verbal English language with prior record keeping experience. 3.3 Supervisor/Foreman Duties: • Consultant shall designate an employee (supervisor/foreman) as a primary point of contact and have the authority to act for the Consultant. Foreman is required to assist and coordinate the activities of the right of way maintenance crew on the San Jacinto Branchline Subdivisions, that is in active use by passenger and freight trains by arranging for the materials, tools, and equipment required for the maintenance services, arranging for protection of workplace, coordinating with other SCRRA Consultants, Metrolink Operation Center (MOC), and affected public agencies, training employees in proper work methods, communicating with trains and MOC regarding train movements through the work area, inspecting work methods and site conditions for safety conditions and efficiency of use of labor and material, and preparing documentation of work performed and resources (labor, material, equipment, and supplies) used. Minimum Requirements: • Desire three to five years of railroad right of way maintenance experience and/or construction including at least two years of experience in supervising or directing the work of others engaged in railroad right of way maintenance. SCRRA approval may be required. EXHIBIT A - 6 942 3.4 Equipment Operator • Must demonstrate previous experience and certification of 49 CRF 214 Subpart C - Roadway Worker Protection, 214.353 Training and qualification of roadway workers who provide on -track safety for roadway work groups. • Must be able to meet the requirements of 49 CFR 214 Subpart C- Roadway Worker Protection, as well as SCRRA'S MAINTENANCE OF WAY OPERATING RULES and INSTRUCTIONS. Must be able to qualify (under all SCRRA applicable rules and regulations) as an Employee -in —Charge (EIC). (Not required at time of proposal submission). • Must be able to demonstrate ability to communicate in written and verbal English language with prior record keeping experience. • Ability to work outdoors in all weather conditions, to lift objects weighing a minimum of 50 Ibs and must have the ability to distinguish colors and to hear warning signals and radio and telephone devices. • Knowledge of the safe and proper procedures for operating maintenance hand and power tools. 41111P Ipor Duties: 111( Operates and performs operator -level duties of smaller equipment and rubber tired off - equipment such as a backhoe, skip loaders, and skid steers. May work as a member of a crew or independently. Minimum Requirements: • Desire one to three years' experience in the operation of rubber tired equipment used in the course of railroad maintenance and/or construction. SCRRA approval may be required. • Must be able to meet the requirements of 49 CFR 214 Subpart C- Roadway Worker Protection, as well as SCRRA'S MAINTENANCE OF WAY OPERATING RULES and INSTRUCTIONS. Must be able to qualify (under all SCRRA applicable rules and regulations) as an EIC. (Not required at time of proposal submission). • Knowledge of safe and proper procedures for operating this equipment • Ability to work outdoors in all weather conditions, to lift objects weighing a minimum of 50 lbs. and must have the ability to distinguish colors and to hear EXHIBIT A - 7 943 warning signals and radio and telephone devices. • Ability to communicate in the written and verbal English language. 3.5 EIC/Flagman Duties: Provides protection for the work activities of other parties engaged in work on the railroad right of way by performing safety briefings and issuing instructions to these parties, coordinating this work with the MOC, communicating by radio with train operators to authorize train movement through work area, observing railroad tracks for approaching trains, issuing audible warnings to workers concerning the approach of trains, directing the discontinuance of specific work practices until after train(s) have passed work location, observing work practices of the other parties, observing the workplace for unsafe conditions, and installing and removing temporary signs for the control of train movements. Railroad Worker Protection Safety trained under SCRRA requirements. Minimum Requirements: • Preferred one-year experience providing on -track safety for roadway work groups. • Must demonstrate previous experience and certification of 49 CRF 214 Subpart C - Roadway Worker Protection, 214.353 Training and qualification of roadway workers who provide on -track safety for roadway work groups. • Must be able to meet the requirements of 49 CFR 214 Subpart C- Roadway Worker Protection, as well as SCRRA'S MAINTENANCE OF WAY OPERATING RULES and INSTRUCTIONS. Must be able to qualify (under all SCRRA applicable rules and regulations) as an EIC. (Not required at time of proposal submission). f • Ability to work outdoors in all weather conditions, to lift objects weighing a minimum of 50 lbs. and must have the ability to distinguish colors and to hear warning signals and radio and telephone devices. • Ability to communicate in the written and verbal English language. 3.6 Qualifications applicable to all positions Minimum Requirements: • Must meet all SCRRA's safety training requirements and maintain certifications. EXHIBIT A - 8 944 • Able to communicate in written and verbal English language. Required to pass pre- employment physical examination which includes blood and/or urine testing. • Ability to work outdoors in all weather conditions, to lift objects weighing a minimum of 50 lbs. and must have the ability to distinguish colors and to hear warning signals and radio and telephone devices. • The appropriate licensing; professional experience, academic training, and technical skills for the assigned work Training; All Consultant and sub -Consultant employees, working on the ROW, are required to complete railroad safety training, (to be provided by the Commission one time annually) wear all applicable, personal protection safety equipment, and at all times follow all railroad safety rules. The Commission will provide initial SCRRA required safety training for staff identified in the proposal. Any employee that fails to meet the standards shall not be approved for work on Commission owned operating right of ways, under this contract. 4. Work Plan The Consultant shall establish, develop, maintain and implement a work plan that; provides an organizational chart of the project team and identifies their respective responsibilities; identifies all resources necessary to complete the work; identifies any resources provided by sub -Consultants; and any outlines management tools that will be utilized to manage the work. 4.1 Quality Control Plan (QCP) The Quality Control Plan should include management's role and commitment to quality work, while optimizing cost and schedule performance. It shall describe implementation of policies, procedures and processes that ensure work is performed to the specifications, including a corrective action plan should corrections be necessary, and the methods in place to ensure non -recurrence. 4.2 Workmanship Consultant agrees to provide adequate supervision, and take necessary measures to assure that all projects are completed in a workmanlike manner Consultant agrees to perform the work assigned under this contract in a workmanlike manner by qualified, careful and efficient workers and agrees to perform such work in strict accordance with all Task Order and specifications and any changes, modifications or amplifications thereof. I n the event EXHIBIT A - 9 945 of substandard workmanship or defective materials furnished by the contractor as may be determined by inspection of the Commission or in the event of poor working performance as may be determined by the Commission's designated project manager, the Commission may at any time, require the contractor to expeditiously remedy such failure or defect, at no cost to the Commission. Workmanship may be determined to be substandard if the work is incomplete, inadequately installed or supported, poorly fitted or sealed, damaged, improperly finished, or installed in a manner that the operation or the maintainability of the installation is impaired beyond the limits specified or indicated by the agreement. Poor working performance will be determined to exist if any of the contractors' workers fail to perform work within the time allocated to do so in the time period specified in a particular Task Order. In certain work, particularly emergency work, the contractor will be expected to perform the work as expeditiously as possible, with a crew sized to ensure each worker has tasks to perform and with as little lost time as allowed by conditions. Claims of defective materials, inadequate workmanship or poor working performance will be first made to the contractor's job site foreman. In the event the situation cannot be remedied at the job site, a written claim will be made to the contractor's home office. Contractor shall resolve all claims against workmanship or work performance by issuing a credit to the Commission for the work performed. The amount of the credit will be determined in negotiation between the contractor and the Commission. Payments otherwise due may be withheld, in whole or in part, by the Commission on account of defective materials and/or unresolved workmanship issues. Consultant shall employ only competent, careful and orderly employees. If the Commission determines that an employee is detrimental to the performance of the work, not qualified to perform the assigned work or guilty of improper conduct, the Commission may require removal of such employee. The performance of services by the contractor shall not relieve the contractor from any obligation to correct any incomplete, inaccurate, or defective work at no further cost to the Commission, when such inaccuracies are due to the acts or omissions, negligent or otherwise, of the Consultant. Consultant will not substitute any employee for another unless both have been trained equally, and at such time still current within such training. Training costs due to employee changes, requested by Consultant, will be at the Consultant's expense. EXHIBIT A - 10 946 4.3 Non -Conforming Work The Authority may reduce payment for any of the following; non -compliant work, noncompliant work left in place; corrective work or unauthorized work. 4.4 Emergency Work Consultant and sub -Consultants must have 24 -hour contact number(s) and an acceptable means of emergency "on -call" communication with the Commission's Project Manager. Four (4) hour response time may be required in cases of emergency and within one (1) hour in cases where train operations are halted. 4.5 Unsafe Conditions Consultant and or its sub -Consultant are to immediately notify the Commission's Project Manager of any unsafe or questionable condition that exists on the right of way. Project Manager will then notify the necessary parties. If the condition poses immediate danger to rail operations, the Consultant shall notify the MOC, then the Commission's Project Manager. 5. Schedule The Consultant shall submit a weekly schedule each Friday, for anticipated work to be performed by following week including location by mile post (MP). Any deviations must be discussed and approved by the Commission's Project Manager. Consultant and/or sub -Consultant shall respond and perform non -emergency as -needed work request from the Commission's Project Manager within one (1) working day, except in cases of emergency, where an immediate response may be requested. Unless directed otherwise, work schedule shall be during normal business hours (8:00 a.m. through 5:00 p.m., Monday through Friday). Except in cases of emergency, overtime must be approved by the Commission's Project Manager. EXHIBIT A - 11 947 5.1 Weekly Report Consultant will email the Commission's Project Manager a weekly progress report. This report will include type of work completed by location, personnel and equipment used, and other direct cost. In additional a narrative shall be provided that summarizes the weekly activities and note any pending or urgent issues. 5.2 Monthly Report In addition to the terms of the Agreement, Consultant shall submit a monthly report to include; Provide daily work reports as back-up to invoices submitted for payment; • Itemization of the materials used and corresponding vendor's invoice copies; • Direct cost of labor; • Equipment rental charges; • Workers' certified payrolls; w • Equipment used; size, type and identification no. Attach a summary sheet for the hours expended for each task for each month and total project to date 6. Equipment The Consultant's equipment shall be in good repair and able to operate efficiently and safely. All equipment used in the performance of this contract shall be in operable condition and meet the local, state and federal safety requirements. All equipment used shall be inspected and serviced regularly. The inspection and service records shall be available upon request. All vehicles shall be registered, licensed, insured and operated by a licensed driver. All vehicles shall follow laws regarding parking, driving, and licensing. The Consultant's equipment shall have the proper safety devices maintained at all times while in use. If equipment does not contain proper safety devices and/or is being operated in an unsafe manner, the Commission's Project Manager shall direct the Consultant to remove such Equipment and/or operation until the deficiency is corrected to the satisfaction of the Commission's Project Manager. The Commission's Project Manager may inspect the Consultant's equipment and tools at any time. The daily anticipated equipment necessary to perform this work, but not limited EXHIBIT A - 12 948 to; • One (1) Foreman/supervisor pick-up truck. • One (1) Crew truck. • One (1) truck with automatic dumping capability with a minimum hauling capacity of 6 cubic yards. • Hand and power tools consisting of weed trimmers, chain and pole saws, hedge trimmer, but not limited to; with a value of $500.00, shall be considered part of the Consultant's overhead cost. • The anticipated heavy equipment necessary to perform this work including, but not limited to the following; • Backhoe • Dozer -D4 or equal • Skip loader with a 4 in 1 bucket • Street sweeper, and skid steer with attachments Unless equipment rates are specifically identified in the Agreement, reimbursement for equipment rental will be either at the CALTRANS published rates within "Labor Surcharge and Equipment Rental Rates" or the actual rental rate, whichever is less. Equipment rental payment is full compensation for rental equipment costs, including moving rental equipment to and from the site using its own power. For rental equipment that cannot be transported economically using its own power, no transport cost will be paid. B COMMIMSSION/PROJECT MANAGEMENT APPROVAL: PHOTOGRAPHIC EVIDENCE Completion of a specific Task Order is established when Consultant provides before and after photos of sites cleared/cleaned/abated with each invoice. Before and after any parcel or combination of adjoining parcels is abated, the Consultant shall take clear and concise pictures of the area demonstrating need for abatement. Each "after" picture shall be taken from the SAME location as the "before" picture REFERENCING SOME OUTSTANDING LANDMARK. These pictures will be taken immediately "before" and "after" abatement work is done and submitted to the Commission with the applicable invoice. EXHIBIT A - 13 949 ➢ IF PICTURES DO NOT SHOW JUSTIFICATION OF CHARGE, payment will not be made. ➢ Each picture shall include time and date picture was taken and the parcel number or numbers it represents. ➢ CONSULTANT WILL BE REQUIRED TO FURNISH THE DIGITAL CAMERA. PHOTOS WILL BE PROVIDED BY EMAIL AND INCLUDED IN THE INVOICE. RECORDS AND AUDIT Consultant(s) shall maintain records and books of account showing all costs and expenses incurred by the contractor for the contract. The Commission shall have the right, upon reasonable notice, to audit the books, records, documents, and other evidence and the accounting procedures and practices, where needed, to verify the costs and expenses claimed. The Commission retains this right for at least three years after final payment and until all disputes, appeals, litigation, or claims have been resolved. This right to audit shall also include inspection at reasonable times of the consultant's office or facilities which are engaged in the performance of the contract. In addition, the consultant shall, at no cost or expense to the Commission, furnish reasonable facilities and assistance for such an audit. Audit findings shall, to the extent allowed by law, be treated by the Commission as confidential. EXHIBIT A - 14 950 CD 91 - V II'ilIHX 'd Operating Track 1 Mile Post 1 - Mile Po st 22.4 • Mile Post Railroad �.., RCTC RAN Perris Valley Line 0 1 2 Miles Ep• ic Land Solutions, Inc . This map was created using the best data available al the time of prodution. Epic Land Solutions Inc . assumes no responsibility for the accuracy of third party informatio n. This map is intended for data visualizat&n only and shotid rci serve as the basis for any legal action or be used for engneedng purposes. P arc el boundary dat a pr ovided by RCTLMA. Contract tine data provided by Epic Land Solutions, Inc. Dater 10/18/2016 END OF STATEMENT OF WORK EXHIBIT A - 17 952 EXHIBIT "B" COMPENSATION SUMMARY FISCAL YEAR PROJECT COST FY 2021/22 Railroad ROW Property Maintenance Services $ 450,000.00 FY 2022/23 Railroad ROW Property Maintenance Services 800,000.00 FY 2023/24 Railroad ROW Property Maintenance Services 825,000.00 FY 2024/25 Railroad ROW Property Maintenance Services 850,000.00 FY 2025/26 Railroad ROW Property Maintenance Services 875,000.00 FY 2026/27 Railroad ROW Property Maintenance Services 500,000.00 TOTAL COSTS $ 4,300,000.00 953 DISADVANTAGED BUSINESS ENTERPRISE (DBE) REQUIREMENTS A. General DBE Requirements: In accordance with Federal financial assistance agreements with the U.S. Department of Transportation (U.S. DOT), Commission has adopted a Disadvantaged Business Enterprise (DBE) Policy and Program, in conformance with Title 49 CFR Part 26, "Participation by Disadvantaged Business Enterprises in Department of Transportation Programs" (the "Regulations"). This RFP is subject to these stipulated regulations. In order to ensure that Commission achieves its overall DBE Program goals and objectives, Commission encourages the participation of DBEs as defined in 49 CFR 26 in the performance of contracts financed in whole or in part with U.S. DOT funds. It is the policy of the Commission to: 1. Ensure nondiscrimination in the award and administration of DOT -assisted contracts; 2. Create a level playing field on which DBE's can compete fairly for DOT -assisted contracts; 3. Ensure that the DBE program is narrowly tailored in accordance with applicable law; 4. Ensure that only firms that fully meet 49 C.F.R. part 26 eligibility standards are permitted to participate as DBE's; 5. Help remove barriers to the participation of DBEs in DOT assisted contracts; 6. To promote the use of DBEs in all types of federally assisted contracts and procurement activities; and 7. Assist in the development of firms that can compete successfully in the marketplace outside the DBE program. B. Discrimination: Contractor shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of subcontracts. Any terms used herein that are defined in 49 CFR Part 26, or elsewhere in the Regulations, shall have the meaning set forth in the Regulations. C. Commission's Race -Neutral DBE Program: A Race -Neutral DBE Program is one that, while benefiting DBEs, is not solely focused on DBE firms. Therefore, under a Race -Neutral DBE Program, Commission does not establish numeric race -conscious DBE participation goals on its DOT -assisted contracts. There is no DBE goal on this Project. Contractor shall not be required to achieve a specific level of DBE participation as a condition of contract compliance in the performance of this DOT -assisted contract. However, Contractor shall adhere to race -neutral DBE participation commitment(s) made at the time of award of any Task Order (as defined in the Model Contract). Exhibit C - 1 954 D. Race -Neutral DBE Submissions and Ongoing Reporting Requirements (Post -Award): For each Task Order proposal, the successful Contractor shall complete and submit to Commission a"DBE Race -Neutral Participation Listing" in the form provided by Commission. In the event DBE(s) are utilized in the performance of the Task Order, Contractor shall comply with applicable reporting requirements. E. Performance of DBE Subcontractors: DBE subcontractors listed by Contractor in its "DBE Race -Neutral Participation Listing" submitted at the time of Task Order proposal shall perform the work and supply the materials for which they are listed, unless Contractor has received prior written authorization from Commission to perform the work with other forces or to obtain the materials from other sources. Contractor shall provide written notification to Commission in a timely manner of any changes to its anticipated DBE participation. This notice should be provided prior to the commencement of that portion of the work. F. DBE Certification Status: If a listed DBE subcontractor is decertified during the life of any Task Order, the decertified subcontractor shall notify Contractor in writing with the date of decertification. If a non -DBE subcontractor becomes a certified DBE during the life of the Task Order, the DBE subcontractor shall notify Contractor in writing with the date of certification. Contractor shall furnish the written documentation to Commission in a timely manner. Contractor shall include this requirement in all subcontracts. G. Contractor's Assurance Clause Regarding Non -Discrimination: In compliance with State and Federal anti -discrimination laws, Contractor shall affirm that it will not exclude or discriminate on the basis of race, color, national origin, or sex in consideration of contract award opportunities. Further, Contractor shall affirm that they will consider, and utilize subcontractors and vendors, in a manner consistent with non-discrimination objectives. H. Violations: Failure by the selected Contractor(s) to carry out these requirements shall be a material breach of the contract to be awarded pursuant to this RFP, which may result in the termination of the contract or such other remedy as the recipient deems appropriate, which may include, but is not limited to: (1) Withholding monthly progress payments; (2) Assessing sanctions; (3) Liquidated damages; and/or (4) Disqualifying the Contractor from future bidding as non -responsible. 49 C.F.R. § 26.13(b). I. Prompt Payment: Contractor shall pay its subcontractors for satisfactory performance of their contracts no later than 30 days from receipt of each payment Commission makes to the Contractor. 49 C.F.R. § 26.29(a), unless a shorter period is provided in the contract. J. Compliance with DBE Requirements Contained in FTA Provisions: Contractor shall comply with all DBE reporting and other requirements contained in the FTA provisions of the RFP, and the resulting contract. Exhibit C - 2 955 K. The terms of this Appendix K shall be included as part of the FTA provisions to be set forth in Exhibit "D" of the model Contract to be entered into pursuant to this RFP. Exhibit C - 3 956 SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT (SCAQMD) AND STATE (CALTRANS) FUNDING REQUIREMENTS The following additional funding requirements apply depending on the funding source identified as applicable for a Task Order. I. SCAQMD REQUIREMENTS Non -Discrimination - In the performance of this Contract, CONTRACTOR shall not discriminate in recruiting, hiring, promotion, demotion, or termination practices on the basis of race, religious creed, color, national origin, ancestry, sex, age, or physical handicap and shall comply with the provisions of the California Fair Employment & Housing Act (Government Code Section 12900, et seq), the Federal Civil Rights Act of 1964 (P.L. 88-352) and all amendments thereto, Executive Order No. 11246 (30 Federal Register 12319), and all administrative rules and regulations issued pursuant to said Acts and Order. CONTRACTOR shall likewise require each subcontractor to comply with this clause and shall include in each such subcontract language similar to this clause. II. CALTRANS REQUIREMENTS * Section 2 below is also applicable to FTA Funded Task Orders. 4116 1. Invoices & Payments. Invoices shall be mailed to Commission's Contract Administrator at the following address: Riverside County Transportation Commission Attention: Accounts Payable P.O. 12008 Riverside, CA 92502 Payment shall be made for costs incurred by Contractor in performance of the Services. No advance payment or payment for work not actually performed shall be made under this Agreement or any Task Order. 2. Cost Principles and Administrative Requirements. Contractor agrees that the Contract Cost Principles and Procedures, 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., shall be used to determine the cost allowability of individual items. Exhibit C - 4 957 Contractor also agrees to comply with federal procedures in accordance with 2 CFR, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Any costs for which payment has been made to Contractor that are determined by subsequent audit to be unallowable under 2 CFR, Part 200 and 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to repayment by Contractor to Commission. All subcontracts in excess of $25,000 shall contain the above provisions. 3. Retention of Records/Audit. For the purpose of determining compliance with Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of this Agreement pursuant to Government Code 8546.7; Contractor, subcontractors, and Commission shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including but not limited to, the costs of administering this Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under this Agreement. The State, State Auditor, Commission, or any duly authorized representative of the State Government shall have access to any books, records, and documents of Contractor and it's certified public accountants (CPA) work papers that are pertinent to this Agreement for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision. 4. Accounting System. Contractor and its subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate expenditures by line item for the Services. The accounting system of Contractor and its subcontractors shall conform to Generally Accepted Accounting Principles (GAAP), enable the determination of incurred costs at interim points of completion, and provide support for reimbursement payment vouchers or invoices. 5. Travel & Subsistence. Reimbursement for transportation and subsistence costs shall not exceed the rates specified in the approved Task Order, as may be applicable. In addition, any payments to Contractor for travel and subsistence expenses claimed for reimbursement or applied as local match credit shall not exceed rates authorized to be paid exempt non -represented State employees under current State Department of Personnel Administration (DPA) rules, unless otherwise authorized by Commission. If the rates invoiced are in excess of those authorized DPA rates, and Commission has not otherwise approved said rates, then Contractor is responsible for the cost difference and any overpayments shall be reimbursed to the Commission on demand. Exhibit C - 5 958 6. Equipment Purchase Prior authorization, in writing, by Commission's Contract Administrator shall be required before Contractor enters into any unbudgeted purchase order, or subcontract for supplies, equipment, or services. Contractor shall provide an evaluation of the necessity or desirability of incurring such costs. For purchase of any item, service or consulting work not covered in the Cost Proposal and exceeding $5,000 prior authorization, in writing, by Commission's Contract Administrator is required. Three competitive quotations must be submitted with the request for such purchase, or the absence of bidding must be adequately justified. Any equipment purchased as a result of this Agreement is subject to the following: Contractor shall maintain an inventory of all nonexpendable property. Nonexpendable property is defined as having a useful life of at least two years and an acquisition cost of $5,000 or more. If the purchased equipment needs replacement and is sold or traded in, Commission shall receive a proper refund or credit at the conclusion of this Agreement, or if this Agreement is terminated, Contractor may either keep the equipment and credit Commission in an amount equal to its fair market value, or sell such equipment at the best price obtainable at a public or private sale, in accordance with established Commission procedures; and credit Commission in an amount equal to the sales price. If Contractor elects to keep the equipment, fair market value shall be determined at Contractor's expense, on the basis of a competent independent appraisal of such equipment. Appraisals shall be obtained from an appraiser mutually agreeable to by Commission and Contractor. If Contractor determines to sell the equipment, the terms and conditions of such sale must be approved in advance by Commission. 2 CFR, Part 200 requires a credit to Federal funds when participating equipment with a fair market value greater than $5,000 is credited to the Project. All subcontracts in excess $25,000 shall contain the above provisions. 7. National Labor Relations Board Certification. In accordance with Public Contract Code Section 10296, and by signing this Agreement, Contractor certifies under penalty of perjury that no more than one final unappealable finding of contempt of court by a federal court has been issued against Contractor within the immediately preceding two-year period, because of Contractor's failure to comply with an order of a federal court that orders Contractor to comply with an order of the National Labor Relations Board. 8. Nondiscrimination; Statement of Compliance. Contractor's signature affixed herein shall constitute a certification under penalty of perjury under the laws of the State of California that Contractor has, unless exempt, complied with, the nondiscrimination program requirements of Government Code Section 12990 and Title 2, California Administrative Code, Section 8103. During the performance of this Agreement, Contractor and its subcontractors shall not Exhibit C - 6 959 unlawfully discriminate, harass, or allow harassment against any employee or applicant for employment because of sex, race, color, ancestry, religious creed, national origin, physical disability (including HIV and AIDS), mental disability, medical condition (e.g., cancer), age (over 40), marital status, and denial of family care leave. Contractor and subcontractors shall insure that the evaluation and treatment of their employees and applicants for employment are free from such discrimination and harassment. Contractor and subcontractors shall comply with the provisions of the Fair Employment and Housing Act (Gov. Code § 12990 (a -f) et seq.) and the applicable regulations promulgated there under (California Code of Regulations, Title 2, Section 7285 et seq.). The applicable regulations of the Fair Employment and Housing Commission implementing Government Code Section 12990 (a -f), set forth in Chapter 5 of Division 4 of Title 2 of the California Code of Regulations, are incorporated into this Contract by reference and made a part hereof as if set forth in full. Contractor and its subcontractors shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other Agreement. 4 cte \) Exhibit C - 7 960 AGENDA ITEM 6M RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Eric DeHate, Transit Program Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Local Transportation Fund Advance Loan to Transit Operators BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to approve a loan to advance Local Transportation Funds (LTF) up to $21.4 million to the cities of Corona and Riverside, Riverside Transit Agency (RTA), and SunLine Transit Agency (SunLine)as recipients of Federal Transit Administration (FTA) funds under the condition the loans are repaid to the Commission within 14 days of receipt of FTA funds. BACKGROUND INFORMATION: At its June 9, 2021, meeting, the Commission approved the Fiscal Years (FY) 2021/22 — FY 2023/24 Short -Range Transit Plans (SRTPs) for the cities of Banning, Beaumont, Corona, and Riverside; Palo Verde Valley Transit Agency; RTA; SunLine; and the Commission's FY 2021/22 — 2025/26 for the Rail and Vanpool Programs. A core component of each agency's SRTP includes the operating and capital plans and accompanying budget with cost estimates for each aspect of the plan along with a three -to -five-year planning horizon. Once the SRTPs and accompanying allocations are approved by the Commission, federal funds are programmed into the Federal Transportation Improvement Program and transit operators begin the federal grant process to access federal funding. Public Employee Pension Reform Act Federal funding has always been a major source for operating and capital support for public transit in the county. Implementation of transit service as well as significant capital projects funded with FTA Sections 5307, 5311, 5337 and 5339 monies may be impacted due to unresolved issues related to Public Employee Pension Reform Act (PEPRA), California's pension reform law, which established limits on California public employee defined pension plans. Since the inception of PEPRA (2013), there have been ongoing certification issues between transit operators, transit unions, and the United States Department of Labor (DOL). Transit unions such as the Amalgamated Transit Union assert that PEPRA precludes California transit agencies from continuing the collective bargaining rights of their employees under Section 13(c) of the federal Urban Mass Transportation Act of 1964. In order for federal transit funds to be released to a Agenda Item 6M 961 transit agency, the DOL must certify that the agency is in compliance with Section 13(c) with "fair and equitable" arrangements to protect the interests of affected employees. In 2013, the state legislature attempted to intervene and passed Assembly Bill (AB) 1222, which exempted transit workers from PEPRA until the courts resolved the issue. The courts sided with the State and AB 1222 expired at the end of 2014. In February 2015, the DOL filed an appeal and did not begin certifying pending federal grants. This certification issue delayed many federal transit grants throughout California. In Riverside County, this caused a delay in FY 2014/15 with RTA and SunLine's receipt of federal awards. The Commission provided relief to RTA and SunLine with short-term LTF loans to bridge the gap in both agency's budgets. Shortly after providing short-term loans, the DOL decided to uphold the court's ruling and certify federal grants; outstanding loans were repaid to the Commission by the transit operators. DISCUSSION: Since 2015, Riverside County transit operators have not had a federal grant delayed due to PEPRA. However, in October 2021, staff was informed about a shift in DOL's certification stance regarding PEPRA (Attachment 1). According to the DOL, PEPRA substantially diminished the affected unions' ability to bargain over future pension benefits, which constituted a violation of Section 13(c). Subsequently, FTA notified transit operators that they may be impacted due to DOL's delay in certifying transit grants. As such, staff is taking a proactive approach and compiling the funding risks to operators in the county who receive federal funds; staff estimates that up to $21.4 million could be at risk of being delayed this fiscal year, based on the pending grant amounts as shown in the table below. Table 1: Potential Riverside County Transit Operator Grants Subject to PEPRA Delay Agency Potential Amount Impacted City of Corona City of Riverside RTA $1,100,000 300,000 16,400,000 Western Riverside County Subtotal 17,800,000 SunLine 3,600,000 Coachella Valley Subtotal 3,600,000 Total $21,400,000 The loan advances are contingent upon board approvals from the respective transit agencies. If additional loan advance authority is needed, staff will return to the Commission for additional authority. It is expected that the loan advances will only be provided if the operators request them in FY 2021/22. If operators do not request a loan advance in FY 2021/22, then they will expire by the end of the fiscal year. Should the DOL certification issue not be resolved for FY Agenda Item 6M 962 2022/23 funding, additional loan advance requests will need to be included in the next SRTP and transit funding cycle. Staff recommends approval of these loans to advance LTF with the contingency that operators will reimburse the Commission's Unallocated LTF Reserve Fund within 14 days of receiving the federal funds from the FTA after securing approval of each agency's grant. A budget adjustment is not required, as this is a loan to be repaid and is not an expenditure of LTF funds. Financial Information In Fiscal Year Budget: N/A Year: FY 2021/22 Amount: $21,400,000 Source of Funds: Unallocated LTF Reserve Fund Budget Adjustment: N/A GL/Project Accounting No.: Western Riverside County Bus: 601 12301 (loans receivable) $17,800,000 Coachella Valley Bus: 601 12301 (loans receivable) $3,600,000 Fiscal Procedures Approved: \I--b4i4.4cit Date: 11/10/2021 Attachment: DOL's PEPRA Reconsideration Letter to FTA, October 28, 2021 Approved by the Budget and Implementation Committee on November 22, 2021 In Favor: 10 Abstain: 0 No: 0 Agenda Item 6M 963 U.S. Department of Labor Office of Labor -Management Standards Washington, D.C. 20210 October 28, 2021 Ray Tellis, Regional Administrator Federal Transit Administration, Region IX 201 Mission Street, Suite 2210 San Francisco, California 94105 Re: Reconsideration of June 14, 2019 Determination Responding to Objections to Employee Protection Terms for Pending FTA Grant Applications Alameda -Contra Costa Transit District, CA -2017-017-01 and CA -2019-011; Golden Gate Bridge, Highway and Transportation District, CA -2019-041; Los Angeles County Metropolitan Transportation Authority, CA -2018-012-01 and CA - 2018 -093-01; Riverside Transit Agency, CA -2019-048; San Francisco Bay Area Rapid Transit District, CA -2019-029; San Joaquin Regional Transit District, CA -2019-034; San Mateo County Transit District, CA -2017-104-01; Santa Clara Valley Transportation Authority, CA -2018-081-01 and CA -2019-047 Dear Mr. Tellis: Before state and local transportation agencies can receive certain federal mass transit funding assistance, Section 13(c) of the Urban Mass Transportation Act of 1964 ("UMTA") requires that the U.S. Secretary of Labor certify that "fair and equitable" arrangements are in place to protect the interests of affected employees. 49 U.S.C. § 5333. Those arrangements "shall include provisions that may be necessary for" "the preservation of rights, privileges, and benefits (including continuation of pension rights and benefits) under existing collective bargaining agreements or otherwise" and "the continuation of collective bargaining rights." Id. § 5333(b)(2)(A), (B) (commonly referred to as Section 13(c)(1) and (c)(2)). In 2013, the Department determined that the enactment of the California Public Employees' Pension Reform Act of 2013 ("PEPRA"), Cal. Gov't § 7522 et seq., precluded Section 13(c) certification of grants to two California transit agencies. The transit agencies had received federal transit funding for decades and committed to abide by Section 13(c)'s requirements. Nevertheless, the transit agencies unilaterally reduced their employees' pension benefits in order to comply with the substantial restrictions imposed by PEPRA on public employers in California. 1 The Secretary of Labor delegated his authority under Section 13(c) to the Office of Labor -Management Standards (OLMS). See Secretary's Order 8-2009, § 5.A(4), 74 Fed. Reg. 58835 (Nov. 13, 2009). For simplicity, this reconsideration uses the term "the Department" generally to refer to those at the U.S. Department of Labor given authority for Section 13(c) certification. 1 964 The Department reasoned that PEPRA substantially diminished the affected unions' ability to bargain over future pension benefits in violation of Section 13(c)(2)'s requirement to continue collective bargaining rights and reduced benefits provided under the agreements for employees in contravention of Section 13(c)(1)'s preservation of existing benefits requirement. California and the transit agencies successfully challenged the Department's position in the U.S. District Court for the Eastern District of California and ultimately obtained an injunction that precluded the Department from relying on PEPRA to withhold certification of the grant funds intended to benefit those two transit agencies. On June 14, 2019, the Department issued a determination ("2019 Determination") reevaluating its prior determinations and acquiescing to the district court's conclusions that PEPRA's impact on transit employees did not preclude Section 13(c) certification. In light of litigation brought by transit employees' unions regarding the 2019 Determination, the Department, after further deliberation, believes that the 2019 Determination does not reflect the best approach to certification under Section 13(c). Upon reconsideration, the Department has decided that it does not agree with the substance of the 2019 Determination, which represents a deviation in the Department's long-standing interpretation and application of Section 13(c). The Department hereby nullifies that 2019 deviation and returns to its original superior position. The Department finds that PEPRA effectively precludes certification under Section 13(c) for those transit agencies subject to its reforms. The reasons for the Department's return to its longstanding position are set forth at length below. The Department, however, is not rescinding or otherwise taking retrospective action as to the particular grant certifications addressed in the 2019 Determination. The Department's certifications pursuant to its 2019 Determination included no conditions indicating that funds could be de -obligated or that transit agencies might incur other obligations in the event of a change in the Department's application of Section 13(c). Therefore, the Department does not believe it would be fair and equitable, in light of all the circumstances, to issue a decision that could de -obligate the funds that have been obligated as a result of these particular grant certifications. The Department's conclusion to this effect accounts for any reliance interests that the State of California and its transit agencies may have in the 2019 Determination; the State's interests in the funds already committed are protected, and the State is now apprised of the approach that the Department will take with respect to Section 13(c) for grant applications prospectively.2 Background and Procedural History The California Public Employees' Pension Reform Act (PEPRA) California enacted PEPRA in 2012 to reform the state's public employee pension system. PEPRA affects the vast majority of California transit system employees because most participate in affected public retirement systems, such as the California Public Employees' Retirement System ("Ca1PERS"), a retirement system established under the County Employees Retirement 2 While the Department will change its approach going forward, it will of course continue to comply with the injunction entered by the Court in the prior case. See California v. U.S. Dep't of Labor, 306 F. Supp. 3d 1180, 1190 (E.D. Cal. 2018) (granting injunctive relief but limiting scope of injunction to the two transit agencies at issue in that case). 2 965 Law of 1937 ("1937 Act System"), or an independent public retirement system plan. See Cal. Gov't § 7522.02(a)(1); AR3 64-001325 n.1.4 PEPRA's most significant revisions are for those hired on or after January 1, 2013 ("new employees"), but certain provisions also affect those hired before that date ("classic employees"). PEPRA makes significant reductions to the maximum pension benefits that can be offered by public agencies participating in affected California retirement systems. Among other changes, PEPRA lays the groundwork for increased cost -sharing of defined benefit pensions. PEPRA requires that employees hired on or after January 1, 2013 pay at least 50% of the normal costs of any defined benefit pension plan and prohibits employers from paying any of the statutory employee contribution. Cal. Gov't § 7522.30(c). PEPRA extends that goal to all employees, declaring that "[t]he standard shall be that employees pay at least 50 percent of normal costs." Id. § 7522.30(a); see also id. § 20516.5(a). As of January 1, 2018, PEPRA also allows employers that contract with Ca1PERS to require all employees pay 50 percent of the normal costs, although for employees represented by labor unions, the employer can unilaterally impose this requirement only after bargaining to impasse. Id. § 20516.5(b) & (c). PEPRA also makes changes to pension formulas and how benefits are calculated. PEPRA establishes minimum retirement ages and length -of -service requirements, and sets the maximum percentage of compensation to which a retiree will be entitled. Id. §§ 7522.20, 7522.25. PEPRA defines the final compensation that will be used to calculate pension benefits, providing for a three-year period for compensable income calculations, excluding certain income such as bonus payments and overtime pay, and capping the total amount of eligible income. Id. §§ 7522.10, 7522.32, 7522.34, 7522.42. It phased out the ability of public employees to purchase nonqualified service time (service credit for non -working time) or "airtime." Id. § 7522.46. It requires that enhancements to a public employee's retirement formula or benefit can only apply prospectively. Id. § 7522.44(a) -(b). PEPRA limits the ability of public employee retirees to work and simultaneously collect a pension. Id. § 7522.56. PEPRA also places limits on the types of plans that public agencies can offer. It bars a public employer from offering a defined benefit pension plan to new employees that would cost more or be riskier to the employer than statutory benefit formulas. Id. § 7522.15. PEPRA bars a public employer that did not offer a supplemental defined benefit plan before January 1, 2013, from doing so after that date or from including any new employee in an existing supplemental defined benefit plan. Id. § 7522.18(a), (c). 3 AR refers to the Administrative Record compiled for the challenge to the Department's 2019 Determination. See Certified List of the Contents of the Administrative Record, ECF# 15, filed in ATU v. U.S. Dep 't of Labor, No. 2:20- CV-00953-KJM-DB, 2021 WL 2003104 (E.D. Cal. May 19, 2021). Transit agencies in California may choose between various options for retirement systems for their employees. Many transit agencies in California choose to contract with Ca1PERS or the 1937 Act systems, and by doing so, they are subject to the limitations mandated by PEPRA for those systems. Other transit agencies participate in pension trusts governed by the Employee Retirement Income Security Act of 1974 or have established their own locally administered retirement system. See AR 64-001325 n. 1. Some transit systems in California use private contractors for the operation of all service and vehicle maintenance and so are not affected by PEPRA's restrictions on public employers and employees. 3 966 Prior Related Administrative and Court Proceedings 2013 and 2015 Determinations and Related Litigation Related prior administrative proceedings began in 2012 when two public transit agencies, the Sacramento Regional Transit District ("SacRTD") and the California Department of Transportation ("Caltrans") on behalf of Monterey -Salinas Public Transit System Joint Powers Agency d/b/a Monterey -Salinas Transit ("MST"), submitted grants for Section 13(c) certification. See California v. U.S. Dep't of Labor ("Cal. II"), 2016 WL 4441221, at *4 (E.D. Cal. 2016). The Amalgamated Transit Union (ATU), whose locals represented affected transit workers, filed objections to certification due to PEPRA's effects on transit workers collective bargaining rights. The Department denied certification of SacRTD's grant application on September 4, 2013 and of MST's application on September 30, 2013, finding, inter alia, that PEPRA prevented "continuation of collective bargaining rights" under Section 13(c)(2) and thus precluded certification. See AR 5-000126; AR 6-000144; AR 14-000196 ("2013 Determinations"). California and the transit agencies sought review of the 2013 Determinations in the U.S. District Court for the Eastern District of California. In a 2014 decision, the court held that the 2013 Determinations were arbitrary and capricious. California v. U.S. Dep 't of Labor ("Cal. I"), 76 F. Supp. 3d 1125 (E.D. Cal. 2014). Among the reasons the court provided was that the Depaittrient erred in "reflexively" relying on Amalgamated Transit Union, AFL-CIO v. Donovan, 767 F.2d 939 (D.C. Cir. 1985), in light of the factual differences between that case and the circumstances presented by PEPRA, which involved "a state's system -wide changes in some aspects of public employment." 76 F. Supp. 3d at 1143. Additionally, the court found that the Depaitment's conclusion that PEPRA prevented collective bargaining over pensions was erroneously premised on an assumption that a pension must necessarily be a defined benefit rather than a defined contribution plan. Id. The court further stated that the Department was arbitrary and capricious in, inter alia, "fail[ing] to consider the realities of public sector bargaining," and in determining that not yet hired employees had rights under collective bargaining agreements. Id. at 1144-45. The court remanded the matter to the Department for further proceedings consistent with its decision. Id. at 1148. On August 13, 2015, the Department reaffirmed its denial of the Section 13(c) certifications, providing additional explanation to address the issues raised by the court. See AR 94-001645; AR 99-001677 ("2015 Determinations"). California and the transit agencies returned to court to challenge the new determinations, and the court once again ruled that they were arbitrary and capricious. California v. U.S. Dep't of Labor ("Cal. III'), 306 F. Supp. 3d 1180, 1190 (E.D. Cal. 2018); Cal. II, 2016 WL 4441221. The court found that the statutory text and legislative history of Section 13(c) were ambiguous as to whether Section 13(c)(2)'s provision requiring "the continuation of collective bargaining rights" protected those rights from a diminishing or lessening that fell short of elimination. Cal. II, 2016 WL 4441221, at *9-12, 15-17. The court noted, however, that the history of the statute suggested that the provision was "motivated primarily by larger -scale restrictions on collective bargaining rights" not present in this case. Id. at *17. 4 967 The court also determined that the Department erred in relying on case law establishing that even minimal unilateral changes by an employer could violate the statute because Congress' intent was not to apply all National Labor Relations Act (NLRA) law to states through the UMTA. Id. at * 19-20. The court determined that PEPRA was a permissible state law "backdrop" for collective bargaining because it did not substantially interfere with federal labor policy. Id. at *21-26. In making this determination, the court analyzed whether a private analog of PEPRA would be subject to preemption under the NLRA. Id. The court created a test with the following five factors to evaluate this preemption issue: (1) Does the state law concern state interests deeply rooted in local feeling and responsibility and are those interests a merely peripheral concern of federal policy?; (2) Is the state law one of general applicability?; (3) Does the law protect workers' interests, for example, by establishing minimum labor standards?; (4) Does the state law essentially dictate the substantive result of collective bargaining?; (5) Does the law otherwise clash with the federal goal of encouraging the employer and the representative of the employees to establish, through collective negotiation, their own charter for the ordering of industrial relations? The court's application of this test resulted in one factor favoring the Department (the fifth), one factor favoring the transit agencies (the fourth), and the remaining three factors being neutral or uncertain. Within the context of this test and also as an independent basis, the court found the Department erred in failing to explain why the transit authority's ability to negotiate for other types of benefits did not make up for any change made by PEPRA. Id. at *25, 27-28. The court also ruled that the Department had been arbitrary or capricious in concluding that there were not adequate arrangements in place to preserve the pension rights of classic employees given the less significant changes to these employees' benefits. See Cal. III, 306 F. Supp. 3d 1180. The court enjoined the Department from relying on PEPRA to deny California's application of funding for MST or SacRTD under Section 13(c)(1) or (2). Id. at 1190. The Department appealed the court's decisions, but, on November 5, 2018, moved voluntarily to dismiss the appeal. See AR 162-002563. On December 19, 2018, the Ninth Circuit denied ATU's motion to intervene and dismissed the appeal. See id. June 14, 2019 Determination and Related Litigation On November 16, 2018, the Department re -referred the SacRTD and MST grant applications to ATU and the recipients. Between January and May 2019, the Department also referred eleven other grant applications by California transit agencies. See AR 163-002569 (2019 Determination). ATU objected to the proposed certifications of the SacRTD and MST grants on the basis that it would be premature and improper to certify the grant to comply with the district court's decision given that an appeal was still pending.5 See id. at 1-2. ATU objected to the other proposed certifications due to PEPRA's effect on transit employees' collective bargaining rights. See id. at 2. On June 14, 2019, the Department issued the 2019 Determination responding to ATU's objections to certification of multiple California grants due to PEPRA's effect on transit employees' collective bargaining rights. The 2019 Determination explained that the Department had "reexamined" its earlier position, and "[i]n light of the [California] district court's 5 At that time, ATU's motion to intervene was still pending. 5 968 decisions," had "concluded that PEPRA does not present a bar to certification under section 13(c)." Id. at 2. The 2019 Determination first explained that it had reexamined the scope of its certification authority under Section 13(c) and determined that the provision grants the Secretary "broad discretion" to determine the adequacy of protective arrangements under Section 13(c). Id. at 4-5. The Department further acknowledged that while the statute requires the Secretary to assess whether each of the enumerated statutory objectives has been satisfied, "the Secretary still retains broad discretion in evaluating fairness and equity vis-a-vis each of the five objectives." Id. at 5. Turning specifically to the provisions for the preservation of benefits and continuation of collective bargaining rights, the Department found that they could be read "strictly to mean no changes can be made to employees' rights, or more leniently to mean that rights must only be substantially continued or preserved." Id. at 5-6. The 2019 Determination noted that the purpose and context of the statute suggest, however, that the more lenient interpretation is appropriate. Id. at 6-7. The Department explained that Section 13(c) was designed to give the Secretary the flexibility to consider states' unique circumstances and not rigidly incorporate the strictures of the NLRA that preclude an employer from making even minimal unilateral changes to terms and conditions of employment. Id. The 2019 Determination applied this interpretation to the grants at issue, finding that PEPRA did not substantially affect transit employees' benefits under existing collective bargaining agreements or impermissibly impair collective bargaining rights in violation of Section 13(c). Id. at 7-9. The Department explained that PEPRA only impacts bargaining over one substantive term of employment, pensions, and does not foreclose bargaining altogether but leaves employees free to negotiate around its restrictions. Id. at 7-8. It further explained that PEPRA was not aimed at the collective bargaining process but at alleviating the state of California's "serious financial problem of pension funding." Id. at 8. In light of PEPRA's unique purpose and limited effect, the Department concluded that it did not preclude certification of the grants at issue. Id. On August 22, 2019, ATU and some of its affiliated California local unions filed suit against the Department in the U.S. District Court for the District of Columbia, challenging the Department's certification of grants to the California transit agencies in the 2019 Determination. California filed a motion to intervene along with a proposed motion to transfer venue to the U.S. District Court for the Eastern District of California, which were granted by the U.S. District Court for the District of Columbia on December 19, 2019 and April 29, 2020, respectively. See ATU v. U.S. Dep't of Labor, No. 2:20-CV-00953-KJM-DB, 2021 WL 2003104 (E.D. Cal. May 19, 2021). ATU moved for summary judgment, and the Department and California separately filed oppositions and cross -motions for summary judgment. Prior to the filing of the Department's reply, there was a change in administration that resulted in new leadership assuming responsibility for the Department. The Department sought and received stays from the court so that new leadership would have time to become familiar with the issues in this case and decide whether to reconsider the Department's position regarding PEPRA. The Department now issues this reconsideration of its 2019 Determination. 6 969 Analysis Understanding Collective Bargaining PEPRA substantially interferes with the scope of permissible collective bargaining by transit workers and transit agencies such that Section 13(c)(2)'s requirement regarding "the continuation of collective bargaining rights" is not met. PEPRA places limits on the maximum pension benefits obtainable by transit workers, making defined benefit plan terms less favorable and shifting investment risk from employer to employee. As noted above, PEPRA established a minimum contribution amount for new employees, set the formula for time -in-service requirements, capped pensionable compensation, excluded certain compensation from pensionable compensation, and placed limitations on supplemental defined benefit plans. After PEPRA, unions and the transit agencies can no longer bargain freely about the calculation of defined benefit pensions, the service requirements for qualification, the compensation to be used for calculating pension amounts, the percentage of costs to be paid by new employees, or the addition of a new defined benefit plan. In essence, PEPRA largely removed the subject of defined benefit pensions from collective bargaining. In doing so, PEPRA significantly interferes with transit employees' ability to bargain over pension rights, which is a mandatory subject of collective bargaining. See Allied Chem. & Alkali Workers ofAm., Local Union No. 1 v. Pittsburgh Plate Glass Co., Chem. Div., 404 U.S. 157, 159 (1971) ("Under the National Labor Relations Act, as amended, mandatory subjects of collective bargaining include pension and insurance benefits for active employees."); S. Nuclear Operating Co. v. NLRB, 524 F.3d 1350, 1356 (D.C. Cir. 2008) (explaining that the Supreme Court has "made clear that retirement benefits for current employees are mandatory bargaining subjects"). While PEPRA does not restrict collective bargaining procedures themselves, it predetermines significant aspects about the outcome of any such procedures with respect to defined benefit pensions. The state law places new limits on the potential solutions that transit agencies and transit workers can reach to the question of appropriate wages and benefits. In the Department's assessment, this constitutes a significant interference with transit workers' collective bargaining rights such that they are not "continued" within the meaning of Section 13(c) and the Department cannot certify that fair and equitable arrangements are in place to protect transit workers affected by assistance in California. California and its transit agencies have received federal transit funding for decades and committed to abide by Section 13(c)'s requirement that changes to transit employees' wages and benefits be brought about by collective bargaining rather than state fiat. PEPRA violated this agreement, mandating that transit agencies make changes to workers' benefits and resulting in collective bargaining agreements that are consistent with the new limits. California and the transit agencies have not remedied the violation and continue to allow PEPRA to impede transit workers' collective bargaining rights with its significant limits on obtainable defined benefit pension plans. In limiting potential solutions that employers and employees can reach regarding the question of deferred compensation, PEPRA continues to interfere with the collective 7 970 bargaining process regardless of the specific terms of workers' collective bargaining agreements now in existence.6 The Department remains convinced of the accuracy of this assessment of PEPRA's impact after reviewing the 2019 Determination and the district court decisions finding the 2013 and 2015 Determinations to be in violation of the Administrative Procedure Act. For the reasons explained below, the Department disagrees with the exercise of discretion under Section 13(c) reflected in the 2019 Determination, notwithstanding the arguments made in those decisions that Section 13(c) certification is appropriate despite PEPRA. First, the Department does not agree that PEPRA's changes are so insignificant and unsubstantial that they do not impermissibly interfere with the continuation of collective bargaining rights for purposes of Section 13(c). Second, the Department does not believe that any of the complexities inherent in the interrelationship of public sector bargaining, state law, and federal labor law provide a justification for overlooking PEPRA's impact on transit workers' collective bargaining rights. PEPRA's Impact on Collective Bargaining Rights The 2019 Determination and district court decisions portray PEPRA's impact as insignificant and minimal by focusing on the ways in which collective bargaining rights were continued. The Department does not agree that PEPRA's substantial impact on pension benefits can be minimized by simply focusing on aspects of transit workers' collective bargaining rights that were untouched by the law. First, the Department is not convinced that PEPRA's impacts are minor because they affect defined benefit plans but not defined contribution plans. See 2019 Determination at 7; Cal. I, 76 F. Supp. 3d at 1143. In order for a state or transit agency to significantly interfere with collective bargaining over pensions, it is not necessary that it affect bargaining about all types of pension plans. PEPRA's restrictions on defined benefit plans are sufficient alone, especially given the advantages such plans offer employees, including putting investment risk on the employer. See 2015 Determinations at 19-20.7 6 PEPRA significantly interferes with collective bargaining rights for employees of affected public retirement systems, despite gradations in its effect. PEPRA's practical impact on transit employees depends on the particulars of each employee's situation, including the benefits enjoyed by the employee at PEPRA's enactment, the public retirement system that the transit agency participates in and the pension plan(s) it offers employees, and potentially the existence and contents of a collective bargaining agreement separately negotiated by a union to which the employee belongs. 7 A defined benefit plan provides for a fixed periodic payment at retirement, which can be funded by contributions from the employer and employee. In a defined benefit plan, the employer is obligated to make up any shortfall in payouts to employees and so "typically bears the entire investment risk." Hughes Aircraft Co. v. Jacobson, 525 U.S. 432, 439 (1999); Hurlic v. Southern California Gas Co., 539 F.3d 1024, 1029 (9th Cir. 2008). In contrast, defined contribution plans typically operate by having an employee contribute a fixed amount to their individual account, sometimes with employer contributions. At retirement, the employee is entitled to benefits based on the gains, losses, and expenses that investment of the contributions have incurred. See Hughes Aircraft, 525 U.S. at 439; Hurlic, 539 F.3d at 1029. Defined contribution plans shift the investment risk to the employee, and often require the employee to make decisions about contribution amounts, types of investment, and how to convert the funds to retirement income. See, e.g., U.S. Government Accountability Office, Retirement Income, Ensuring Income Throughout Retirement Requires Difficult Choices, GAO -11-400 (June 7, 2011), available at http://www.gao.gov/products/GA0-11-400. 8 971 Second, the Depai lucent now finds untenable the 2019 Determination's conclusion that PEPRA's impact is diminished because it is not aimed at collective bargaining procedures themselves. See 2019 Determination at 8. Continuation of collective bargaining rights logically requires that an employer abide by the procedures in place and not be able to dictate terms and conditions of employment by fiat. An employer's unilateral change to terms and conditions of employment is a violation of the collective bargaining process and procedures. See USC Univ. Hosp. & Nat'l Union of Healthcare Workers, 358 NLRB 1205, 1213 (2012) ("It is, of course, long, well established Board and court authority that an employer violates Section 8(a)(5) and (1) of the [NLRA] if it makes a unilateral change in the wages, hours, working conditions, or other terms and conditions of employment of its employees without first giving a union representing a unit of employees notice and an opportunity to bargain." (citing NLRB v. Katz, 369 U.S. 736, 743 (1962))). As the D.C. Circuit observed in Donovan, "[c]ollective bargaining does not exist if an employer retains the power to establish wages, hours and other conditions of employment without the consent of the union or without at least first bargaining in good faith to impasse over disputed mandatory subjects." 767 F.2d at 951. In enacting PEPRA, the state unilaterally dictated certain substantive results of the collective bargaining process by preventing employees from obtaining certain favorable terms for defined benefit pension plans.8 PEPRA's unilateral changes to obtainable pension benefits is inconsistent with the continuation of collective bargaining rights, just as changes to aspects of collective bargaining procedures may be as well. Third, the Department finds unsupported the 2019 Determination's conclusion that PEPRA's effects are mitigated by the fact that employees and employers are free to bargain around PEPRA's effects and within its restrictions. See 2019 Determination at 8; Cal. II, 2016 WL 4441221, at *25, 28. In theory, employees may be able to coax an employer to offer certain benefits to mitigate the effect of PEPRA's restrictions. But this will always be true in any situation where the state or employer takes away rights or benefits but does not completely eliminate collective bargaining. The logical result of this type of reasoning is that the employer will always be able to shape by state fiat the types of benefits obtainable in favor of employers and chip away at collective bargaining rights. For collective bargaining rights to continue, state employers cannot have authority to unilaterally diminish significant terms and conditions of employment of transit workers. As the D.C. Circuit in Donovan recognized, "the substantive provisions of collective bargaining agreements may change, but section 13(c) requires that the changes be brought about through collective bargaining, not by state fiat." 767 F.2d at 953. Moreover, in practice, PEPRA places a hand on the scale in favor of the employer in a manner that is inconsistent with the process of collective bargaining. Under the rules of collective bargaining, an employer would need to negotiate with employees if it wished to place new restrictions on obtainable pension benefits and would likely need to offer some compensatory benefits to employees in exchange. In contrast, by enacting PEPRA, the state unilaterally 8 As explained in the 2015 Determinations, pension plans are one of the terms and conditions of employment over which an employer must bargain collectively. Pensions were understood to be a mandatory subject of collective bargaining at the time of Section 13(c)'s passage. See 2015 Determinations at 11-12. Indeed, Section 13(c) itself specifically notes pensions rights among those protected. See 49 U.S.G. § 5333(b)(2)(A) (requiring "the preservation of rights, privileges, and benefits (including continuation of pension rights and benefits) under existing collective bargaining agreements or otherwise"). 9 972 removed certain outcomes from the process that were considered unfavorable to public employers in the state. PEPRA creates a result in favor of the employer without the prerequisite negotiations, which typically is what encourages employers to offer compensatory benefits to induce an agreement from employees. As such, the Department is not persuaded that PEPRA's effects can so easily be mitigated. It is not reasonable to base an assessment of whether collective bargaining rights have continued on speculation that some employees may have been able to obtain some compensatory benefits in exchange for restrictions mandated by state law. In the Department's judgment, PEPRA's restrictions constitute a significant interference with collective bargaining rights, regardless of the results of subsequent negotiations regarding pensions and other benefits. Fourth, the Department does not view PEPRA's restrictions as less impactful because the most significant changes apply to recently hired employees. See Cal. I, 76 F. Supp. 3d at 1144-45. It is well established that new employees are entitled to the rights granted under collective bargaining agreements. See 2013 Determinations at 12-13; see also 11. Case Co. v. NLRB, 321 U.S. 332, 334-36 (1944); Gvozdenovic v. United Air Lines, 933 F.2d 1100, 1106-07 (2d Cir. 1991). Employers may not unilaterally change wages and benefits of new employees. See, e.g., Mississippi Power Co., 332 NLRB 530, 532 n.10 (2000), enfd. in relevant part, 284 F.3d 605 (5th Cir. 2002); Triple A Fire Prot., Inc., 315 NLRB 409, 422 (1994). The Ninth Circuit has specifically held that an employer violates federal labor law when it refuses to collectively bargain over new employees or refuses to apply the terms of existing agreements to the new employees. NLRB v. Big Bear Supermarkets No. 3, 640 F.2d 924, 931 (9th Cir. 1980). Given this basic principle of collective bargaining, it is appropriate to consider PEPRA's provisions affecting new employees when assessing the impact of the law on the continuation of collective bargaining rights. Additionally, Section 13(c)'s protections could soon become meaningless if the Department were to ignore employers' actions affecting the rights and benefits of recently hired or new employees, and there is "nothing in the text of the provision to suggest that the essential process entailed in 'the continuation of collective bargaining rights' should come to mean less as time goes by." Donovan, 767 F.2d at 957 (Ginsburg, J., concurring). As such, the Department is not persuaded by the district court decisions' and the 2019 Determination's assessment of PEPRA's effect on collective bargaining rights as trivial or unsubstantial. Interrelationship of Public Sector Bargaining, State Law, and Federal Law As explained below, upon further reflection, the Department finds the arguments in the 2019 Determination and district court decisions related to the dynamics involved in applying principles of federal labor law to state or local government to be unpersuasive. The Depaittrient looks to federal labor law in assessing these arguments about the intended relationship between Section 13(c) and state laws in order to understand the general scope of the duty to bargain collectively. As the D.C. Circuit recognized in Donovan, the Department now finds that the legislative history to the Urban Mass Transportation Act "reveals Congress' clear intent to measure state labor laws against the standards of collective bargaining established by federal labor policy." 767 F.2d at 948. Nevertheless, the Department uses NLRA precedent as guidance below and is not suggesting its rigid application to Section 13(c). See 2019 Determination at 6; Cal. II, 2016 WL 4441221, at *19. 10 973 Public Sector Realities First, the Department does not find that the "realities of public sector bargaining" require the Depaitinent to excuse PEPRA's impact. See Cal. II, 2016 WL 4441221, at *21. The Department is familiar with the "realities of public sector bargaining" and that the process entails additional actors, considerations, and complications. Transit agencies need to consider "taxes, legislative policies, constitutional requirements, civil service principles, municipal codes, and other concerns in addition to the ordinary concerns of private employment, like budgets or competitors' practices." See id. Here, transit agencies were placed in an additional federal -state bind because California enacted a law that interfered with collective bargaining relationships that its transit agencies had agreed to preserve and continue as a condition of continued receipt of federal transit assistance. As the 2019 Determination stated, Section 13(c) gives the Secretary of Labor a degree of flexibility and ability to adapt state and local circumstances to collective bargaining. See 2019 Determination at 6. But the Department does not view this flexibility as meaning that it is obligated to ignore or excuse all state or local government's unilateral changes to transit workers' rights because of "the many rocks and hard places between which [transit agencies] must navigate." See Cal. II, 2016 WL 4441221, at *21. Rather, Section 13(c) contemplates that the Department be allowed to conclude that a law impermissibly interferes with Section 13(c)'s protections, and "seek changes in state law and ultimately to refuse financial assistance when state law prevented compliance with § 13(c)." See Jackson Transit Auth. v. Local Div. 1285, Amalgamated Transit Union, AFL-CIO-CLC, 457 U.S. 15, 25 n.8 (1982); see also Donovan, 767 F.2d at 947 ("Section 13(c) does not prescribe mandatory labor standards for the states, but rather dictates the terms of federal mass transit assistance. States are free to forego such assistance and thus to adopt any collective bargaining scheme they desire . . . . But the statute does not allow states to eliminate collective bargaining rights and still enjoy federal aid."). In the Department's estimation, PEPRA's effects are significantly negative and cannot be disregarded simply because of the additional difficulties that public sector bargaining often entails. Accommodation to Local Circumstances Second, the Department does not conclude that PEPRA's impact should be overlooked as part of accommodating collective bargaining principles to California's and local agencies' unique circumstances. PEPRA was enacted to respond to the state's budgetary concerns. See Cal. I, 76 F. Supp. 3d at 1138 ("In 2012, California's Governor signed the PEPRA into law 'to reform California's public employee pension systems and to bring the staggering cost of funding such systems under fiscal control. ' (quoting California's First Amended Complaint)). The 2019 Determination granted undue latitude to California, drawing support from NLRA law that "`allows private employers to follow the dictates of economic necessity, so long as they bargain over the effects of management's decisions. ' 2019 Determination at 8 (quoting Cal. II, 2016 WL 4441221, at *25). But "effects bargaining" under the NLRA refers to decisions employers may make unilaterally because they are solely within the province of management, and does not apply to mandatory subjects of bargaining, like retirement benefits for current employees. See First Nat'l Maint. Corp. v. NLRB, 452 U.S. 666, 674-77 (1981). 11 974 Moreover, NLRA case law does not generally excuse unilateral actions regarding a mandatory subject of collective bargaining simply because "such action was compelled by economic need or that it may have served what may appear to us to be a desirable economic objective." Oak Cliff-Golman Baking Co., 207 NLRB 1063, 1064 (1973), enfd., 505 F.2d 1302 (5th Cir. 1974); see also Air Convey Industries, 292 NLRB 25, 26 (1988) (finding employer's financial inability to make the required benefit fund payments and that it has ceased operations to be no defense to a violation of the NLRA's requirement to abide by provisions of a collective bargaining agreement); NLRB v. Manley Truck Line, Inc., 779 F.2d 1327, 1330-32 (7th Cir. 1985) (upholding NLRB's rejection of employer's argument for an economic necessity exception to the NLRA's prohibition against unilateral modifications of an existing collective bargaining agreement); Milwaukee Terminal Servs., 282 NLRB 637, 639 (1987) (rejecting economic necessity defense to employer's unilateral changes made after expiration of an existing contract). NLRA precedent does recognize an exception to bargaining requirements where there are extraordinary unforeseen economic exigencies having a major economic effect that require the employer to take immediate action. See NLRB, GC 20-04: Case Summaries Pertaining to the Duty to Bargain in Emergency Situations (Mar. 27, 2020), available at https: //www.nlrb. gov/guidance/memos-research/general-counsel-memos. With this background in mind, the Department finds there is insufficient justification to merit exercising any flexibility accorded to the Department to accommodate the unique circumstances of states and localities to collective bargaining procedures. The 2019 Determination did not set forth evidence establishing that California's budget constraints constituted compelling economic circumstances that would justify excusing the requirement to collectively bargain with transit workers about significant aspects of defined benefit plans. There is insufficient evidence to support its conclusion that the budgetary concerns behind PEPRA's enactment were such that they merited special consideration when determining whether collective bargaining rights have been continued within the meaning of Section 13(c). As such, unique state and local circumstances here do not justify overlooking the limitations that PEPRA imposes on the collective bargaining relationship between transit agencies and workers. State Law Backdrops Lastly, the Department does not conclude that PEPRA should more properly be considered a permissible state law backdrop for collective bargaining rather than an intrusion on collective bargaining rights. See Cal. II, 2016 WL 4441221, at *21-26; Cal. I, 76 F. Supp. 3d at 1143. Section 13(c) does not preempt PEPRA, and an NLRA-preemption analysis is unnecessary. See Jackson TransitAuth., 457 U.S. at 25 n.8, 27 (explaining legislative history that clarifies that "Section 13(c) would not supersede state law," and reflects "congressional intent that the Federal Government be able to seek changes in state law and ultimately to refuse financial assistance when state law prevented compliance with § 13(c)"). To the extent preemption cases can be useful in determining whether a state law violates Section 13(c), they support the conclusion that PEPRA improperly intrudes on collective bargaining rights, as thoroughly discussed in the 2015 Determinations. See 2015 Determinations at 13-16. 12 975 As the 2015 Determinations explain, PEPRA does not resemble the kind of law that survives the NLRA preemption analysis under the doctrine set forth in Lodge 76, International Association of Machinists v. Wisconsin Employment Relations Commission, 427 U.S. 132, 140 (1976). PEPRA cannot properly be characterized as a state law setting minimum labor standards or mandating certain benefits that does not intrude into the processes of collective bargaining. See Metropolitan Life Insurance Co. v. Massachusetts, 471 U.S. 724, 727, 751-58 (1985) (upholding a state law requiring insurance policies to provide mental health coverage where the law had only the most indirect effect on employees' self -organization and collective bargaining); Fort Halifax Packing Co., Inc. v. Coyne, 482 U.S. 1, 21-22 (1987) (finding not preempted a state law requiring employers to provide a one-time severance payment to employees affected by a plant closing). PEPRA establishes ceilings and prohibits negotiation over aspects of defined benefit pensions; it does not set minimum standards. With its substantive mandates, PEPRA "virtually dictate[s] the results" of defined benefit pension provisions of collective bargaining agreements. See Chamber of Commerce v. Bragdon, 64 F.3d 497, 501 (9th Cir. 1995) (finding preempted a county ordinance that imposed a detailed wage and benefit scheme for construction projects within the county). PEPRA differs from the state laws noted above in another manner: it is not a general law seeking to regulate all state citizens, private and public. Rather, PEPRA involves the state "acting as an employer," an area where the state "has a much narrower latitude to enact laws that trench upon the terms of a collective bargaining agreement negotiated under the regime of federal labor laws." See Hull v. Dutton, 935 F.2d 1194, 1198 (11th Cir. 1991). Ignoring PEPRA's intrusion on collective bargaining and treating it as only a backdrop would "give the State tremendous liberty to abrogate collective bargaining contracts with its own employees under the guise of enacting a `minimum labor standard."" Id. at 1199. States could eviscerate Section 13(c)'s protections merely by passing laws defining benefits available to public employees. Section 13(c) was clearly enacted to prevent such a result. See Jackson Transit Auth., 457 U.S. at 25 n.8 (noting "congressional intent that the Federal Government be able to seek changes in state law and ultimately to refuse financial assistance when state law prevented compliance with § 13(c)"); Donovan, 767 F.2d at 948 (explaining it was "Congress' clear intent to measure state labor laws against the standards of collective bargaining established by federal labor policy"). The Department is not persuaded by the district court's contrary conclusion that PEPRA presents "no substantial inconsistency with federal labor policy." Cal. II, 2016 WL 4441221, at *21-26. The Department does not base its decision -making on the five factor test the court constructed and used to reach this conclusion. None of the Department's recent in-depth examinations of the statutory language and legislative history of Section 13(c) yielded the conclusion that Congress intended a preemption analysis to govern the Secretary's conclusions about what arrangements are fair and equitable. See 2019 Determination, 2015 Determinations, 2013 Determinations. Moreover, most of the factors, as applied by the district court, seem ill-suited to making any necessary nuanced distinctions between state laws affecting transit employee rights to varying degrees. Only the last factor (whether the law clashes with the goal of encouraging collective negotiation) seems directly aligned with Section 13(c)'s purpose, and this was the only factor the court found weighed in favor of finding PEPRA impermissibly intruded on collective bargaining. See id. at 25. The other four factors (the first, second, third, and fourth) seem unhelpful when 13 976 evaluating the significance of state laws affecting transit workers' rights as they will likely not weigh in favor of finding a violation of Section 13(c) no matter the impact of the state law. The district court found the first factor (whether the state law concerns deeply -rooted state interests) could not resolve in favor of the Department's position because PEPRA reflected "an overarching concern with a broad and traditional state interest: the budget." Id. at *24. A state's budget will likely be implicated whenever a state enacts cost -saving measures cutting employee benefits. Taken to its logical conclusion, this factor provides no protection against a state law that dramatically cuts benefits bargained for by transit workers. The court found that the second factor (whether the state law is generally applicable) could not weigh in favor of the Department's position because California enacted PEPRA rather than the transit agencies, with whom the transit workers directly bargained. Id. at *25. Thus, this factor would never weigh in favor of finding a state law significant so long as public transit workers fall under the authority of a sub -agency of the state. Taken to the logical conclusion, it would mean Section 13(c) provides no protection against generally applicable state law unless there is a direct relationship between the state and the transit worker. This interpretation would be contrary to Section 13(c)'s purpose to protect transit workers against state laws that interfere with collective bargaining rights. See Jackson TransitAuth., 457 U.S. at 25 n.8; Donovan, 767 F.2d at 948. The court found that PEPRA was neutral as to the third factor (whether the state law is directed toward the protection of workers' interests) even though "PEPRA's changes increase the share of pension costs borne by employees and are intended to alleviate California's financial burdens as employer." Cal. II, 2016 WL 4441221, at *25. Still, the district court found that the third factor did not support the Department's position because "[i]t is not clear . . . that a state law conflicts with federal policy simply because its substantive result may tend to favor employers" and since transit agencies and employees could still engage in negotiations to offset PEPRA's effects. Id. This factor, at least as applied by the district court, does not seem useful in measuring intrusion on employees' collective bargaining rights if it returns an inconclusive result as to a law clearly and admittedly directed at improving the employer's interests at the cost of workers' interests. Lastly, the court found that the fourth factor (whether the state law essentially dictates the substantive result of collective bargaining) was not met because transit workers could bargain around and within the restrictions of PEPRA. Id. at *25. Laws like PEPRA capping allowable benefits do dictate a substantive result: they dictate an agreement with benefits lower than the cap. As applied by the district court, the effect of these caps cannot be taken into account. Presumably, this factor could only weigh in favor of recognizing a significant intrusion if the state removed entire subject(s) of collective bargaining from the table or prohibited any further collective bargaining. This factor, like the first and second, therefore is not capable of making nuanced distinctions between state laws impacting transit workers' rights. As such, the Department does not find the district court's preemption analysis to provide a workable standard for evaluating state law's interference with collective bargaining relationships protected by federal law. Nor, as explained above, does the Department believe that the realities of public sector bargaining or California's unique circumstances provide a justification for PEPRA's interference with collective bargaining rights. 14 977 Conclusion In enacting PEPRA, California placed new and significant limits on the scope of permissible pension benefits for its public transit workers, affecting the collective bargaining relationships that its transit agencies had agreed to preserve and continue as a condition of continued receipt of federal transit assistance. For many years following the enactment of PEPRA, the Department took the position that PEPRA constituted an impermissible interference with the collective bargaining rights protected by Section 13(c). The Department changed positions in 2019, relying on district court opinions enjoining the Department from denying certification and reasoning that Section 13(c) granted the Department the discretion to certify despite PEPRA's effects. As explained above, the Department believes that its original position was better reasoned and supported. PEPRA's impact on transit workers' collective bargaining rights is material and significant even if it does not eliminate collective bargaining over pension benefits altogether or alter collective bargaining procedures. The Department does not find it appropriate to overlook PEPRA's impact as an accommodation to the realities of public sector bargaining, as part of the complexities of adapting principles of federal labor policy to state law or local circumstances, or by characterizing the law as simply a state "backdrop." The Department arrives at its assessment of PEPRA as an impermissible interference with collective bargaining rights even following a permissive view of the Department's discretion under Section 13(c). As such, the Department determines, on a prospective basis, that it is not appropriate for it to certify that there are fair and equitable arrangements in place to protect the employees of California transit agencies, and it accordingly overrules the legal positions expressed in its 2019 Determination. Sincerely, Andrew D. Auerbach Deputy Director cc: See Certifications 15 978 AGENDA ITEM 6N RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Brian Cunanan, Commuter & Motorist Assistance Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Amendment to Agreement with Steve's Towing for Express Lanes Freeway Service Patrol Service WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve Agreement No. 16-45-103-03, Amendment No. 3 to Agreement No. 16-45-103-00 with Steve's Towing (Steve's) for continued Freeway Service Patrol (FSP) services on the Commission's Express Lanes (Beats 91T and 15T) for an additional 13 months through January 30, 2023 and to increase the hourly rate for the one 91T service truck from $56.25 to $70.00 for an additional amount of $105,000, and a total amount not to exceed $2,168,197; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreement on behalf of the Commission. BACKGROUND INFORMATION: The Commission, acting in its capacity as the Service Authority for Freeway Emergencies, is the principal agency in Riverside County, in partnership with Caltrans and the California Highway Patrol (CHP), managing the FSP program. The purpose of the FSP program is to provide a continuously roving tow services patrol along designated freeway segments (referred to as beats) to relieve freeway congestion and facilitate the rapid removal of disabled vehicles and those involved in minor accidents on local freeways. In March 2017, the FSP program expanded service beyond general purpose and high occupancy vehicle lanes with the launch of the 91 Express Lanes in Riverside County to optimize incident response time and safety and to help maintain free flow conditions in the new express lane facilities (Beat 91T). Express lanes FSP coverage was subsequently expanded with the opening of the 15 Express Lanes in April 2021 (Beat 15T). While the concept and purpose of the FSP program remain the same, regardless of lane type, the Express Lanes FSP (EL FSP) approach differs from general purpose lane service due to the Agenda Item 6N 979 conditions (limited to no shoulders) and customer expectations (continuous free flow) associated with express lane operations. The biggest difference is the type of trucks used. Regular FSP uses conventional tow trucks while EL FSP requires a two -vehicle car carrier/flatbed truck in order to handle a majority of the incidents and vehicle types and rapidly remove incidents from express lane facilities. The other major difference is that the EL FSP trucks do not continuously rove but are strategically staged at both ends of the 15 Express Lane facilities and at the 91 Express Lanes toll utility building until they are required to perform a sweep of the facilities or deployed by the Express Lanes Traffic Operations Center or CHP. EL FSP vehicle operators are responsible for clearing the toll lanes of automobiles, small trucks, motorcycles, and small debris. When and where conditions warrant, service may be executed on toll lane shoulders. Where conditions do not warrant, vehicle operators will remove the vehicles from the toll lanes and, in most cases, off the highway to provide service. Since the opening of the 91 Express Lanes in March 2017, more than 5,400 FSP assists have been provided to express lanes customers by the current EL FSP operator, Steve's. Express Lane FSP Assists (inception through October 31, 2021) OUT OF GAS, 417, 8% MECHANICAL PROBLEM, 871, 16% LOCKED OUT, 1, 1NFORMA7 ON, -17, OVER HEATED, 187, 4% VEHICLE FIRE, 12, r ABANDONED, 20, F- 1 ACCIDENT, 951, 18% DEBRIS REMOVAL, 719, 136 ELECTRICAL PROBLEM, 90, 2% FLAT TIRE, 1527 3036 Steve's established a history of quality FSP service, flexibility, and performance with the Commission's FSP program. Prior to working EL FSP, Steve's was awarded competitively bid contracts to provide service on SR -91 beats within Corona limits for regular peak service and for enhanced construction FSP services (mid -day, extended PM, and weekend service) while the 91 Express Lanes were being built. Subsequently, at its September 2016 meeting, the Commission awarded Agreement No. 16-45-103-00 to Steve's Towing for EL FSP service on the 91 Express Lanes for a three-year term with one two-year option to extend the agreement in an amount not to exceed $1,205,000 (at $56.25 per truck hour) following a competitive procurement. The vehicle requirements for this contract include one primary tow truck and one back-up tow truck from Steve's, both of which are flatbed trucks. Agenda Item 6N 980 In January 2020, the Commission approved an amendment to the agreement with Steve's to increase funds and add EL FSP service (two trucks) for the anticipated 15 Express Lanes facilities at a negotiated rate of $70.00; the rate for the one 91 EL FSP truck remained at $56.25. This approach allowed for EL FSP services for the two facilities to be under one contract at a fair and reasonable rate increase for the additional 15 Express Lanes facility. DISCUSSION Steve's has performed well throughout the duration of the contract which is set to expire on December 31, 2021. A consequence of the staged approach for EL FSP operations is that the tow trucks in use by Steve's have modest mileage readings (18K, 140K, 230K) and may continue to be of service to the program. As such, staff inquired if Steve's would be willing to continue service for another 13 months through January 30, 2023, at the existing rates. In response, Steve's is amenable to extending service but has respectfully requested consideration for adjusting the rate for the one 91 EL FSP truck from $56.25 to $70.00 to assist with increasing staff and vehicle maintenance costs. This rate adjustment would put the rate for the one 91 EL FSP truck at parity with the two 15 EL FSP trucks' rates. Steve's also shared that an additional new flatbed truck has been purchased that may be used toward EL FSP service. If an amendment with Steve's is approved, the extra truck would need to be equipped and comply with program standards (i.e., color, additional miscellaneous tow equipment, installation of FSP radios and automated vehicle locator, etc.) prior to starting service. In this scenario, Steve's would have a total of four flatbed trucks to service both express lane facilities — one on the 91 Express Lanes and two on the 15 Express Lanes; and one backup truck available as needed or to help balance mileage across the service vehicles. Staff compared the rate to existing program rates as well as the latest FSP tow rates from neighboring county programs and views the rate adjustment request as reasonable. Therefore, staff recommends approval of an amendment with Steve's to extend service for an additional 13 -month period, at an additional amount of $105,000 that includes a rate adjustment for the Beat 91T truck to $70.00 per hour. With approval of this amendment, a request for proposals for consolidated EL FSP services will be released in 2022. Financial Information In Fiscal Year Budget: Yes N/A Year: FY 2021/22 FY 2022/23 Amount: $690,000 $414,000 Source of Funds: Toll Revenues Budget Adjustment: No N/A GL/Project Accounting No.: 009199 81014 00000 0000 591 31 81002 001599 81014 00000 0000 515 31 81002 Fiscal Procedures Approved: \lif-€44440,1-ti, Date: 11/10/2021 Attachment: Draft Agreement No. 16-45-103-03 Agenda Item 6N 981 Approved by the Western Riverside County Programs and Projects Committee on November 22, 2021 In Favor: 10 Abstain: 0 No: 0 Agenda Item 6N 982 Agreement No. 16-45-103-03 AMENDMENT NO. 3 TO AGREEMENT FOR FREEWAY SERVICE PATROL SERVICES FOR BEAT NO. 91-T AND BEAT NO. 15-T WITH E&S TOWING ENTERPRISES, INC. D/B/A STEVE'S TOWING 1. PARTIES AND DATE This Amendment No. 3 is made and entered into as of , 2021 by and between the Riverside County Transportation Commission acting in its capacity as the Riverside Service Authority for Freeway Emergencies ("SAFE"), a public entity, and E&S Towing Enterprises, Inc., a California corporation d/b/a Steve's Towing (referred to herein as "CONTRACTOR"). 2. RECITALS. 2.1 SAFE and CONTRACTOR have entered into an agreement, dated December 29, 2016, for the provision of freeway patrol services on Beat No. 91-T on behalf of the SAFE (the "Master Agreement"). 2.2 SAFE and CONTRACTOR have entered into an Amendment No. 1 to the Master Agreement, dated September 23, 2019, to extend the term of the Master Agreement to December 31, 2021 for the continued provision of freeway service patrol services. 2.3 SAFE and CONTRACTOR have entered into an Amendment No. 2 to the Master Agreement, dated June 10, 2020, in order to amend the Scope of Services to include freeway service patrol services for the 15 Express Lanes beat (Beat No. 15-T); provide a new hourly rate and additional compensation for such Services; and allocate funds for CONTRACTOR to outfit two trucks to be used for the Services to meet FSP compliance requirements. 2.4 SAFE and CONTRACTOR now desire to amend the Master Agreement in order to extend the term of the Master Agreement, provide a new hourly rate for Beat No. 91-T, and provide additional compensation for Services. 3. TERMS 3.1 The term of the Master Agreement shall be amended to provide for one (1) additional term of thirteen (13) months, ending on January 31, 2023, unless earlier terminated as provided in the Master Agreement. 1 17336.0002A\34523337.1 983 3.2 Services for Beat No. 91-T shall be compensated as follows: SCHEDULE OF HOURLY RATES Classification Hourly Rate Contract — tow truck operators $ 70.00 Hourly rates may be adjusted as set forth in Chapter 9, Violations/Penalties, of the FSP Standard Operating Procedures (SOP). 3.3 The total not -to -exceed amount of the Master Agreement, as amended by this Amendment No. 3, shall be increased from Two Million, Sixty Three Thousand, One Hundred Ninety Seven Dollars ($2,063,197) to Two Million, One Hundred Sixty Eight Thousand, One Hundred Ninety Seven Dollars ($2,168,197). 3.4 Except as amended by this Amendment No. 3, all provisions of the Master Agreement, as previously amended, including without limitation the indemnity and insurance provisions, shall remain in full force and effect and shall govern the actions of the parties under this Amendment No. 3. 3.5 This Amendment No. 3 shall be governed by the laws of the State of California. Venue shall be in Riverside County. 3.6 This Amendment No. 3 may be signed in counterparts, each of which shall constitute an original. 3.7 A manually signed copy of this Amendment No. 3 which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Amendment No. 3 for all purposes. This Amendment No. 3 may be signed using an electronic signature. [Signatures on following page] 2 17336.0002A\34523337.1 984 SIGNATURE PAGE TO AGREEMENT NO. 16-45-103-03 IN WITNESS WHEREOF, the Parties hereto have executed this Amendment on the date first herein above written. RIVERSIDE COUNTY TRANSPORTATION COMMISSION ACTING IN ITS CAPACITY AS THE RIVERSIDE COUNTY SERVICE AUTHORITY FOR FREEWAY EMERGENCIES E&S TOWING ENTERPRISES, INC. dba STEVE'S TOWING By: By: Anne Mayer, Executive Director Signature Name Title APPROVED AS TO FORM: ATTEST: By: By: Best Best & Krieger LLP Signature Counsel to the Riverside County Transportation Commission Title: * A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 17336.0002A\34523337.1 1 985 AGENDA ITEM 60 RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Brian Cunanan, Commuter & Motorist Assistance Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Amendments to Agreements for 1E511 Traveler Information Services BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve Agreement No. 09-45-067-10, Amendment No. 10 to Agreement No. 09-45-067-00, with Iteris, Inc. (Iteris) for the continued provision of operations and maintenance services for the Inland Empire 511 (IE511) system through March 31, 2022, for an additional amount of $55,000, and a total amount not to exceed $3,665,785; 2) Approve Agreement No. 14-41-156-09, Amendment No. 9 to Agreement No. 14-41-156-00, with Media Beef, Inc. (Media Beef) for the continued provision of programming and website/mobile application administration services for 1E511 through March 31, 2022 for an additional amount of $7,000, and a total amount not to exceed $1,500,670; and 3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to finalize and execute the agreements on behalf of the Commission. BACKGROUND INFORMATION: In 2000, the Federal Communications Commission (FCC) designated "511" as the single traffic information telephone number to be made available to states and local jurisdictions across the country. The FCC ruling however, did not provide a funding source for the national number and left all implementation and funding decisions to states and local agencies. Section 5306 of the Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA-LU) signed into law in 2005, required the deployment of a national 511 system that included a "user-friendly" telephone service as well as a comprehensive website by 2010. Since 2010, the Commission has administered a bi-county 511 traveler information system branded "IE511", on behalf of the Commission and the San Bernardino County Transportation Authority (SBCTA), which provides traveler information via web, phone, and mobile application for commuters traveling within Riverside and San Bernardino Counties. Costs for the deployment and ongoing operations for IE511 are split between Commission Service Authority for Freeway Emergencies (SAFE) revenues and reimbursements from SBCTA. Agenda Item 60 986 In November 2020, the Commission approved an agreement between the Commission, SBCTA, and the Los Angeles County Service Authority for Freeway Emergencies (Metro) to integrate Riverside and San Bernardino counties into a regional 511 platform currently servicing Los Angeles, Orange, and Ventura counties. This transition was projected to be completed by the end of the 2021 calendar year following Metro's completion of a 511 interactive voice response (IVR) procurement and Spanish IVR 511 enhancement project. These projects have taken longer than anticipated and have pushed the regional 511 integration timeline into 2022. DISCUSSION: Current 1E511 operations are supported primarily by two consultant contracts — Iteris and Media Beef. The Iteris components of 1E511 are comprised of a browser -based traffic map and an IVR telephone system. Iteris aggregates and maintains various data feeds to provide motorists with access to real-time freeway travel information and incident information on southern California highways. This information is accessible via telephone service by dialing 511 in Riverside or San Bernardino Counties or via the IE511.org website and/or companion 1E511 mobile application developed and maintained by Media Beef. In order to continue existing 1E511 operations up to three months beyond December 31, 2021, until the regional 511 integration is complete, amendments to add funds and extend terms will need to be executed with Iteris and Media Beef. Therefore, staff recommends approval of amendments to increase authorized amounts for both Iteris and Media Beef in the amounts of $55,000 and $7,000, respectively, to support continued 1E511 operations. SBCTA will reimburse the Commission for 50 percent of the costs, or $31,000. Financial Information In Fiscal Year Budget: Yes Year: FY 2021/22 Amount: $62,000 Source of Funds: SAFE and SBCTA reimbursements Budget Adjustment: No GL/Project Accounting No.: 452124 416 41605 0000 202 45 41203 (SBCTA revenues) 452131 65520 00000 0000 202 45 65520 (expenditures) 452124 65520 00000 0000 202 45 65520 (expenditures) Fiscal Procedures Approved: \; A/.: r Date: 11/10/2021 Attachments: 1) Draft Amendment No. 09-45-067-10 with Iteris 2) Draft Amendment No. 14-41-156-09 with Media Beef Agenda Item 60 987 Approved by the Budget and Implementation Committee on November 22, 2021 In Favor: 10 Abstain: 0 No: 0 Agenda Item 60 988 ATTACHMENT 1 Agreement No. 09-45-067-10 AMENDMENT NO. 10 TO AGREEMENT FOR OPERATIONS AND MAINTENANCE SERVICES FOR THE INLAND EMPIRE 511 SYSTEM WITH ITERIS, INC. 1 PARTIES AND DATE This Amendment No. 10 ("Amendment No. 10") to the Agreement for Operations and Maintenance Services for the Inland Empire 511 System is made and entered into as of , 2021 by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("Commission") and ITERIS, INC. a Delaware Corporation ("Consultant"). Commission and Consultant are sometimes individually referred to as "Party" and collectively as "Parties". 2 RECITALS 2.1 The Commission and Consultant entered into an agreement dated February 1, 2010 for the purpose of providing consulting services for the operations and maintenance of the Inland Empire 511 Motorist Aid Travel Information System (the "Master Agreement"). 2.2 The Commission and Consultant entered into an Amendment No. 1 to the Master Agreement dated July 7, 2011 for the purpose of extending the term, expanding the Scope of Services to include the 11Meridian Migration Scope of Work1'i and to provide additional compensation for the continued and additional Services. 2.3 The Commission and the Consultant entered into an Amendment No. 2 to the Master Agreement dated June 30, 2016 for the purpose of extending the term of the master agreement, revising the compensation provisions, and providing additional compensation for the extended term. 2.4 The Commission and Consultant entered into Amendment No. 3 dated June 30, 2017 for the purpose of extending the term of the Master Agreement, revising the compensation provisions and providing additional compensation for continued operations and maintenance services for the Inland Empire 511 System. 2.5 The Commission and Consultant entered into Amendment No. 4 dated June 30, 2018 for the purpose of extending the term of the Master Agreement, revising the compensation provisions and providing additional compensation for continued operations and maintenance services for the Inland Empire 511 System. 2.6 The Commission and Consultant entered into Amendment No. 5 dated June 30, 2019 for the purpose of extending the term of the Master Agreement, revising the compensation provisions and providing additional compensation for continued operations and maintenance services for the Inland Empire 511 System. 2.7 The Commission and Consultant entered into Amendment No. 6 dated December 30, 2019, for the purpose of extending the term of the Master Agreement and revising the compensation provisions for continued operations and maintenance services for the Inland Empire 511 System. 2.8 The Commission and Consultant entered into Amendment No. 7 dated June 10, 2020, for 1 989 Agreement No. 09-45-067-10 the purpose of extending the term of the Master Agreement and revising the compensation provisions for continued operations and maintenance services for the Inland Empire 511 System. 2.9 The Commission and Consultant entered into Amendment No. 8 dated November 17, 2020, for the purpose of revising the compensation provisions for continued operations and maintenance services for the Inland Empire 511 System. 2.10 The Commission and Consultant entered into Amendment No. 9 dated June 30, 2021, for the purpose of extending the term of the Master Agreement and revising the compensation provisions for continued operations and maintenance services for the Inland Empire 511 System. 2.11 The Commission and Consultant now desire to amend the Master Agreement in order to extend the term and to provide additional compensation for continued operations and maintenance services for the Inland Empire 511 System. a TERMS 3.1 The term of the Master Agreement shall be extended through March 31, 2022, unless earlier terminated as provided in the Master Agreement. 3.2 The maximum compensation to be provided under this Amendment No. 10 for Services provided through the extended term shall not exceed Fifty -Five Thousand Dollars ($55,000). 3.3 Except as amended by this Amendment No. 10, all provisions of the Master Agreement, as amended by Amendment Nos. 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10 including without limitation the indemnity and insurance provisions, shall remain in full force and effect and shall govern the actions of the parties under this Amendment. 3.4 This Amendment No. 10 shall be governed by the laws of the State of California. Venue shall be in Riverside County. 3.5 This Amendment No. 10 maybe signed in counterparts, each of which constitute an original. 3.6 A manually signed copy of this Agreement No. 10 which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement No. 10 for all purposes. [Signatures on following page] 2 990 Agreement No. 09-45-067-10 SIGNATURE PAGE TO AGREEMENT FOR OPERATIONS AND MAINTENANCE SERVICES FOR THE INLAND EMPIRE 511 SYSTEM WITH ITERIS, INC. IN WITNESS WHEREOF, the parties hereto have executed Agreement No. 09-45-067-10 as of the date first herein above written. RIVERSIDE COUNTY TRANSPORTATION ITERIS, INC. COMMISSION By: By: Anne Mayer, Executive Director Signature Name Title APPROVED AS TO FORM: ATTEST By: By: Best, Best & Krieger, LLP Signature General Counsel Its: Title *A corporation requires the signatures of two corporate officers. One signature shall be that of the chairman of the board, the president or any vice president and the second signature (on the attest line) shall be that of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation. If the above persons are not the intended signators, evidence of signature authority shall be provided to RCTC. 3 991 ATTACHMENT 2 Agreement No. 14-41-156-09 AMENDMENT NO. 9 TO AGREEMENT FOR PROGRAMMING AND WEBSITE ADMINISTRATION SERVICES WITH MEDIA BEEF, INC. 1. PARTIES AND DATE This Amendment No. 9 is made and entered into as of this day of , 2021, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("Commission") and MEDIA BEEF, INC., a California Corporation ("Consultant"). 2. RECITALS 2.1 The Commission and the Consultant have entered into an agreement dated September 10, 2014 for the purpose of providing programming and website administration services for the Commuter Assistance Projects ("Master Agreement"). 2.2 The Commission and the Consultant have entered into Amendment No. 1 to the Master Agreement, dated October 19, 2016, for the purpose of extending the term of the Master Agreement and providing additional compensation for the continued provision of freeway service patrol services ("Amendment No. 1 "). 2.3 The Commission and the Consultant have entered into Amendment No. 2 to the Master Agreement, dated June 19, 2017, for the purpose of providing additional compensation for the continued provision of programming and website administration services for the Commuter Assistance Projects ("Amendment No. 2"). 2.4 The Commission and the Consultant have entered into Amendment No. 3 to the Master Agreement, dated December 11, 2017, for the purpose of providing additional compensation for the provision of programming enhancements and a vanpool application, reporting, and database system within the IE Commuter website. ("Amendment No. 3"). 2.5 The Commission and the Consultant have entered into Amendment No. 4 to the Master Agreement, dated July 3, 2019, for the purpose of 1 992 providing additional compensation for the continued provision of programming and website administration services for the Commuter Assistance and Vanpool Projects, as needed, and for database migration support to the new regional rideshare and vanpool systems ("Amendment No. 4"). 2.6 The Commission and the Consultant have entered into Amendment No. 5 to the Master Agreement, dated May 13, 2020, for the purpose of extending the term and providing additional compensation for the continued provision of programming and website administration services for the Commuter Assistance and Vanpool Projects, as needed, and for database migration support to the new regional rideshare and vanpool systems ("Amendment No. 5"). 2.7 The Commission and the Consultant have entered into Amendment No. 6 to the Master Agreement, dated June 10, 2020, for the purpose of extending the term and providing additional compensation for the continued provision of programming and website administration services for the Commuter & Motorist Assistance and Vanpool Projects, as needed ("Amendment No. 6"). 2.8 The Commission and the Consultant entered into an Amendment No. 7 to the Master Agreement, dated November 18, 2020, in order to provide additional compensation to fully fund continued provision of programming and website administration services for 1E511, as needed ("Amendment No. 7"). 2.9 The Commission and the Consultant entered into an Amendment No. 8 to the Master Agreement, dated June 30, 2021, for the purpose of extending the term and providing additional compensation to fully fund continued provision of programming and website administration services for 1E511, as needed ("Amendment No. 8.). 2.10 The parties now desire to amend the Master Agreement in order to extend the term and to provide additional compensation for the continued provision of programming and website administration services for 1E511. 3. TERMS 3.1 Consultant shall continue to provide the Services set forth in the Master Agreement, as previously amended. 2 993 3.2 The maximum compensation for Services performed pursuant to this Amendment shall be Seven Thousand Dollars ($7,000). Work shall be performed at the rates set forth in the Master Agreement. 3.3 The total not -to -exceed amount of the Master Agreement, as amended by this Amendment No. 9, shall be One Million Five Hundred Thousand Six Hundred Seventy Dollars ($1,500,670). 3.4 Except as amended by this Amendment No. 9, all provisions of the Master Agreement, as amended by Amendment No. 1, 2, 3, 4, 5, 6, 7, 8 and 9, including without limitation the indemnity and insurance provisions, shall remain in full force and effect and shall govern the actions of the parties under this Amendment No. 9. 3.5 This Amendment No. 9 shall be governed by the laws of the State of California. Venue shall be in Riverside County. 3.6 This Amendment No. 9 may be signed in counterparts, each of which constitute an original. 3.7 A manually signed copy of this Agreement No. 9 which is transmitted by facsimile, email or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original executed copy of this Agreement No. 9 for all purposes. [Signatures on following page] 3 994 SIGNATURE PAGE TO Agreement No. 14-41-156-09 IN WITNESS WHEREOF, the Parties hereto have executed this Amendment on the date first herein above written. RIVERSIDE COUNTY MEDIA BEEF, INC. TRANSPORTATION COMMISSION By: By: Anne Mayer, Executive Director Signature Na me Title APPROVED AS TO FORM: ATTEST: By: By: Best Best & Krieger LLP Counsel to the Riverside County Its: Transportation Commission 4 995 INSERT EXHIBIT A [PLACEHOLDER FOR FEDERAL PROVISIONS] 5 996 AGENDA ITEM 6P RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Hector Casillas, Right of Way Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Approval to Acquire Right of Way for the State Route 71/91 Interchange Project STAFF RECOMMENDATION: This item is for the Commission to authorize the acquisition of seven additional parcels consisting of footing easements and temporary construction easements (TCEs) for the State Route 71 (SR-71)/State Route 91 (SR -91) interchange project (Project) in accordance with the Commission's Right of Way Policies and Procedures. BACKGROUND INFORMATION: The Commission, in cooperation with the California Department of Transportation (Caltrans), has been getting the Project ready for construction for the past several years. The Project includes constructing a new direct connector from eastbound SR -91 to northbound SR -71 and reconfiguring the eastbound SR -91 ramp between Green River Road and the 71/91 interchange. The Project is anticipated to improve mobility on SR -71 and SR -91 by enhancing operations and capacity at the 71/91 interchange. The Plans, Specifications, and Estimate (PS&E) package for this Project was originally approved in March 2015. However, due to funding constraints the Project was shelved. In 2020, the Commission secured full funding for the Project. Subsequently, the PS&E package was updated to meet current standards, and an environmental revalidation was completed. The final PS&E package was approved by Caltrans in June 2021, and the environmental revalidation was approved by Caltrans on October 12, 2021. As of September 7, 2021, all of the right of way required for the original scope of work has been secured. On November 12, 2014, the Commission authorized the acquisition of seven parcels in accordance with the Commission's Right of Way Policies and Procedures. As part of the environmental revalidation process, it was determined that two soundwalls, which are located on other private properties, are required. Permanent easements along with TCEs will be required on the following seven properties. Agenda Item 6P 997 1222 102-473-007 Valles, et al 1223 102-473-008 Benavides, et al 1224 102-473-009 Le, et al 1225 102-473-010 Perez, et al 1226 102-473-017 Hirakawa, et al 1227 102-475-001 Romios, et al 1228 102-475-002 Sievert, et al The addition of the soundwalls to the Project scope was determined in August 2021 when responses from the soundwall surveys were received from the private property owners. The design team has commenced the design of the soundwalls, which is expected to be completed prior to the Project being advertised in April 2022. Staff recommends that the Commission authorize the acquisition of the easements for the seven additional parcels for the Project in accordance with the Commission's Right of Way Policies and Procedures. FISCAL IMPACT: Federal funds were obligated in FY 2020/21 and are available along with a Measure A Western County Highway fund match for the acquisition of TCEs and footing easements to complete the soundwalls. Staff estimates the easement costs to approximate $749,000. These costs are included in the FY 2021/22 budget. Financial Information In Fiscal Year Budget: Yes Year: FY 2021/22 Amount: $749,000 Federal Surface Transportation Source of Funds: Block Grant & 2009 Measure A Budget Adjustment: No Western County Highway Funds GL/Project Accounting No.: 003021 81401 00000 0000 262 31 81401 Fiscal Procedures Approved: \ ,41 1 Date: 12/01/2021 Agenda Item 6P 998 AGENDA ITEM 7 PRESENTATION AGENDA ITEM 8 RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee David Knudsen, Interim External Affairs Director THROUGH: Anne Mayer, Executive Director SUBJECT: 2022 State and Federal Legislative Platform and Legislative Update BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Adopt the Commission's 2022 State and Federal Legislative Platform; and 2) Receive and file the state and federal update. BACKGROUND INFORMATION: Draft 2022 State and Federal Legislative Platform The Commission annually adopts a legislative platform that serves as the framework for policy positions the Commission will take on various pieces of legislation, administrative policies, and regulations. The platform addresses broad themes that are critical in both Sacramento and Washington, D.C. These platform points allow staff, Commissioners, and the Commission's lobbyists to communicate in a timely, effective manner with state and federal agencies and elected representatives as issues arise. The proposed 2022 State and Federal Legislative Platform builds on previously adopted Commission platforms. Adjustments were made to the 2021 Commission -adopted platform based on activities taking place at the state and federal governments including the recent passage of the Infrastructure Investment and Jobs Act, the process by which federal core formula funds are distributed, and the State's implementation of the Climate Action Plan for Transportation Infrastructure. These new points include: • State and federal funding should be distributed equitably to Riverside County. This includes core formula funding as well as supplemental distributions. • Oppose efforts by state and federal governments to negate their obligation to maintain the state and federal highway systems. • Oppose state and federal policies which would dictate how tolling policy and rates are implemented on the Commission's tolled facilities. Agenda Item 8 999 Additionally, the draft platform specifically includes efforts to secure federal and state funding for daily intercity rail service between Los Angeles Union Station and Coachella Valley. The proposed 2022 State and Federal Platform is attached, with track changes, to highlight the adjustments from the adopted 2021 version. State Update The Legislature is currently on recess and will reconvene on January 3, 2022, to begin the second year of its two-year session. The Governor will submit his budget proposal before the January 10, 2022, deadline. Federal Update On November 5, 2021, Congress passed the $1.2 trillion Bipartisan Infrastructure Framework known as the Infrastructure Investment and Jobs Act (IIJA). The IIJA includes a five-year reauthorization of surface transportation program funding, with $550 billion in new investments in highway, bridge, public transportation, passenger rail, broadband, energy, and water infrastructure. The Legislative Affairs Team engaged early to ensure that RCTC priorities are addressed in the legislation, from funding eligibility to tolling authority. Transportation Funding: • $110 billion for roads and bridges; • $66 billion for railroads, including upgrades and maintenance to passenger rail system and freight rail safety; • $49 billion for public transit, including for upgrades to public transit systems, new bus routes, and improves accessibility to public transit for seniors and those living with disabilities; • $11 billion for highway, pedestrian, pipeline, and other safety measures; • $7.5 billion for electric vehicle charging stations; and • $7.5 billion for electric school buses with an emphasis on bus fleet replacement in low- income, rural, and tribal communities. Broadband Funding: • $65 billion for broadband, particularly to expand services in rural areas and in low-income communities. Water Infrastructure: • $55 billion for water infrastructure, including $15 billion for lead pipe replacement, $10 billion for chemical cleanup, and funding to provide clean drinking water in tribal communities; and • $8 billion for western water infrastructure to address drought conditions through investments in water treatment, storage, and reuse facilities. Agenda Item 8 1000 The IIJA also includes funding for discretionary grant programs including: • $7.5 billion for Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants. This investment will boost funding for the RAISE (formerly BUILD) grant program, which supports surface transportation projects of local and/or regional significance; • $5 billion for the National Infrastructure Project Assistance grant program. This new program supports multi -modal, multi -jurisdictional projects of national or regional significance; and • $3.2 billion for the Infrastructure for Rebuilding America (INFRA) Grant Program. This funding supports an increase over baseline funding to the INFRA grant program, which supports highway and rail projects of regional and national economic significance. The Budget Reconciliation Resolution After prolonged negotiations between members of Congress and the White House over the details of President Biden's $3.5 trillion "human infrastructure" proposal, a revamped framework is now under consideration in the House and Senate. The most significant change to the proposal is a reduction in the size and cost of the package from its original $3.5 trillion price tag to $1.75 trillion over the next ten years. House Speaker Nancy Pelosi has indicated that she intends to have the House vote on the Build Back Better Act the week of November 15th, although it is uncertain if this deadline will be met at the time of this writing. House and Senate majority leadership have been trying to iron out the details of the Build Back Better Act before it passes the House and is sent over to the Senate. Any changes made by the Senate will force the bill to be passed again by the House. End of Year Federal Activities Congress still has significant issues to finalize before the end of the year including funding the federal government past December 3rd and dealing with the debt ceiling. The RCTC Legislative Affairs Team will continue to monitor and engage in this process as Congress take action. Community Project Funding On October 18, the Senate Appropriations Committee released their remaining draft appropriations bills, including for the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD). Unfortunately, Senator Padilla's RCTC Community Project Funding (CPF) requests to fund the Moreno Valley/March Field Station Improvements and I-10/Highland Springs Interchange Improvements were not included in the Senate's THUD Appropriations bill. However, Representative Calvert's $5 million CPF request for the Smart Freeway Pilot Project planned for the 1-15 in Murrieta and Temecula remains active, as it was included in the passed House Appropriations bill. Agenda Item 8 1001 FISCAL IMPACT: This is a policy and information item. There is no fiscal impact. Attachments: 1) Draft 2022 Legislative Platform — Redline Version 2) Draft 2022 Legislative Platform — Clean Version 3) State and Federal Update Legislative Matrix — November 2021 Approved by the Budget and Implementation Committee on November 22, 2021 In Favor: 10 Abstain: 0 No: 0 Agenda Item 8 1002 ATTACHMENT 1 RIVERSIDE COUNTY TRANSPORTATION COMMISSION OBJECTIVE: The 2021 2022 State and Federal Legislative Platform serves as the framework that will guide RCTC's advocacy efforts for state and federal policy and funding decisions that enable Riverside County Transportation Commission (RCTC) to: implement Measure A, the Regional Transportation Plan (RTP), and adopted plans and programs; comply with state and federal requirements; and provide greater mobility, improved quality of life, operational excellence, and economic vitality in Riverside County. RCTC's State and Federal Legislative Platform offers positions on key policy issues which are likely to be the focus in the next legislative and congressional sessions. Equity and Fairness • State and federal funding should be distributed equitably to Riverside County. This includes core formula funding as well as supplemental distributions. • Governance structures should give ensure equitable voting representation and decision -making authority is provided to Riverside County. • Policies should be implemented recognizing regional variance by distinguishing high -growth regions for their impact on the economy, environment, and should be dynamic in order to address future population growth. • Engage in policy discussions regarding the way public outreach and public meetings are conducted by public agencies. • Ensure that rural, low income, and disadvantaged communities in Riverside County benefit from equity -based transportation planning and implementation policies. Regional Control • Project selection and planning authority for state/federal funds should be as local as possible, preferably in the hands of the Commission. • State/ and federal rulemakings, administrative processes, program guidelines, and policy development activities should include meaningful collaboration from regional transportation agencies. • Oppose efforts by non -transportation interests to assert control over transportation funding and decision -making. • Policies should be sensitive to each region's unique needs and avoid "one size fits all" assumptions, over -reliance on one mode of transportation, and lack of distinction between and urban, suburban, and rural needs. • State/ and federal policies should align authority to select projects, manage performance, and should recognize state/federal mandates and responsibilities placed upon regional and local governments. Protect Our Authority and Revenue • Existing statutory authorities for the Commission should be preserved and protected. • Oppose efforts to infringe on the Commission's discretion in collecting and administering its revenue sources including, but not limited to: Measure A, tolls, and TUMF. 1003 • Oppose efforts to place mandates on agencies which would drive up operating costs and thereby reduce the amount of funds available to deliver mobility improvements which could nullify RCTC priorities. • Oppose efforts to remove or reduce tax exemption on municipal bond interest to avoid increased costs to finance projects. • Support efforts to reinstate the ability to issue tax-exempt refunding of municipal bonds. • Oppose legislation that restructures or interferes with governance of the Commission or other local and regional transportation agencies without the support and consent of the entity affected. • Oppose legislation that amends procurement law in a manner that increases the Commission's exposure to litigation, costs, decreased private sector competition, conflicts of interest, or deviation from best practices. • Support legislation that facilitates collection and remittance of sales taxes on e -commerce. • Support efforts to preserve, stabilize, leverage and/or increase funding for transportation. • Ensure the Commission receives maximum sales tax collections resulting from implementation of the Wayfair Supreme Court Decision relative to state sales taxes on internet sales or any other change in policy. Innovation • Support the availability of project delivery tools such as design -build, construction manager/general contractor, and public -private partnerships to the Commission, the State, federal agencies, and other infrastructure agencies. Oppose efforts to add barriers to effective implementation of such tools. • Support implementation and expansion of U.S. Department of Transportation initiatives to expedite and advance innovative transportation policies, programs -and technologies . Project Delivery Streamlining • Support all efforts to reduce project delivery timelines while maintaining important environmental protections. • Support reciprocity of the California Environmental Quality Act (CEQA) for the National Environmental Protection Act (NEPA). • Support removing the statutory sunset on the NEPA Assignment program California participates in with the Federal Highway Administration which continues to benefit Commission projects. • Support the continuation and enhancement of the Fixing America's Surface Transportation Act IFAST Act) reforms to accelerate project delivery in future surface transportation legislation including, but not limited to, the cr otion of a single NEPA document for all federal agencies; NEPA concurrence requirements. • Engage with the California Department of Transportation (Caltrans) and United States U.S. Department of Transportation to allow the State and the Commission to participate in the NEPA reciprocity pilot program. • Support further efforts to streamline the federal environmental project approval processes and provide flexibility to meet planning requirements due to changing circumstances. • Support creation of a low -interest loan program to support habitat conservation plans that mitigate the impacts of transportation infrastructure and make project approvals more efficient. • Support efforts to modernize the CEQA, including but not limited to: o Reduce the Commission's exposure to litigation; o Increase accountability and disclosure for plaintiffs in CEQA cases; 2 1004 o Limit courts' ability to invalidate an entire CEQA document when a writ of mandate can resolve discreet issues; o Exempt illegal actions from CEQA review; and o Prohibit "document dumping". Accountability • Revenue derived from transportation sources should be spent exclusively on planning, development, and implementation of transportation projects. Support measures to strengthen the relationship between transportation revenue and expenditures; oppose measures that weaken them. • Support efforts to ensure that all projects in a voter -approved tax measure are delivered to the public. • Encourage the adoption of on time, balanced state budgets, and federal appropriation and authorization legislation to ensure transportation projects are delivered without delay or costly stoppages, and that adequate planning for future projects can take place. • Promote policies that ensure state and federal agencies have adequate funding in order to be responsive and accountable to Commission concerns when working on Commission projects. • Oppose efforts by non -elected, regulatory bodies to dilute, reduce, or withhold transportation funds. • Support maximum transparency by funding agencies in revealing scoring and evaluation of funding requests. Alignment of Responsibilities • Support strong collaborative partnerships with state and federal agencies. • Support policies that reflect and recognize self-help counties' funding contribution to transportation projects in California. Oppose policies that give outsized weight to minority funding partners. • Advocate that Cap -and -Trade revenues be expended in a manner that enables regions to meet greenhouse gas reduction goals in SB 375, AB 32, and SB 32. • Support policies that provide decision -making authority and flexibility to agencies bearing financial risk for projects. Oppose policies that place unfunded mandates and other undue burdens and restrictions on agencies that bear financial risk for projects. • Support efforts by the state and federal governments to improve maintenance and operations of the state highway and interstate systems. Oppose efforts to realign maintenance and operations costs and responsibilities to local or regional agencies. • Oppose efforts by state and federal governments to negate their obligation to maintain the state and federal highway systems. • Oppose efforts by the state legislature to deflect responsibility for voting on revenue for statewide transportation to local voters. Alternatives to Driving Ridesharing • Support incentives to employers that enhance or create transit reimbursement or ridesharing programs. 3 1005 • Oppose new mandates on employers or transportation agencies that would result in disruption of the Commission's ridesharing program. • Support programs and policies that invest in and foster new technologies that promote ridesharing, traffic information, and commuter assistance. • Support regional cooperation toward establishing transportation data standards and technological integrations. Active Transportation • Support maximum regional control of project selection for funding of active transportation projects. Transit and Rail • Support incentives for transit agencies that utilize alternative fuels. • Support inclusion and prioritization of Coachella Valley -San Gorgonio Pass Rail service in the California State Rail Plan and other state planning and funding efforts. • Support legislation to better enable the Coachella Valley -San Gorgonio Pass Rail service to become part of California's intercity rail network, such as legislation to allow intercity rail joint powers authorities to expand their service areas. .-Support efforts to secure state and federal funding for the Coachella Valley -San Gorgonio Pass Rail service project. • Advocate for expeditious reviews and approvals for greenhouse -gas -reducing rail and transit projects. • Support efforts to provide an equitable share of funding to West Coast intercity rail systems as compared to the Northeast Corridor. • Support Metrolink's policy and funding needs with regard to implementation of positive train control and other rail safety items. • Support Metrolink's SCORE implementation and encourage early SCORE investments in Riverside County. • Support efforts to prioritize high-speed rail funding for connectivity improvements to existing transit systems and infrastructure in California's urban areas. In particular, support all efforts to ensure that funding is provided as soon as possible to projects included in the Memorandum of Understanding (MOU) between the California High Speed Rail Authority (CHSRA), the Southern California Association of Governments (SCAG), and the Commission. • Ensure that the Commission's rights and interests in passenger rail in Ssouthern California are properly respected in state, federal, and regional plans and policies. • Support all transit operators in Riverside County with legislative concerns impacting the operators' funding and operations. • Support efforts to provide for streamlined project delivery for transit projects in Riverside County that fulfill the goals of AB 32 and SB 375, as well as other state and federal air quality mandates and mobility performance measures. • Support integration of public transportation systems in southern California. • Support additional funding for specialized transit programs within state and federal programs. • Support funding for vanpool and micro -transit programs, as well as efforts to classify these programs as transit operations/transit operators within state and federal programs. • Support efforts to provide flexibility of funding between capital and operating budgets from state/federal programs for transit agencies. 4 1006 • Oppose additional zero -emission bus transit unfunded mandates that would negatively impact the operating budgets of transit agencies. • Advocate for additional and more flexible state funding sources from the Cap -and -Trade Program. • Support efforts to reevaluate transit performance measures in state and federal law. Teleworking/Remote Working • Engage in policy discussions that utilize teleworking as a method to reduce traffic congestion and improve local economic and public health by permanently increasing the number of Riverside County residents who telecommute or work remotely. Tolling and Managed Lanes • Support legislation that enhances ensures the full and accurate capture of toll revenues, to protect the Commission's debt and congestion management obligations. • Support legislation that authorizes toll agencies to pilot or deploy new technology to improve toll operations and mobility. • Support legislation and policies that strengthen existing statutory authority for connecting toll segments to be implemented in an adjacent county with approvals by both authorized counties. • Engage in legislation regarding privacy laws to ensure an appropriate balance between customer privacy, public safety, financial obligation, and practical operations is reasonably met. • Oppose legislation increasing the type and/or number of vehicles subject to free or reduced toll rates, to protect the Commission's debt and congestion management obligations, and to reduce operational costs and complexity. • Oppose state and federal policies which would dictate how tolling policy and rates are implemented on the Commission's tolled facilities. • Engage in policy discussions that may involve legislation or regulatory efforts that add statutory barriers to expanding the use or expansion of tolling. • Oppose policies that would dictate, limit use of, or create onerous requirements for utilizing surplus toll revenue. • Engage in legislation and monitor administrative policies relating to interoperability of business practices of tolled facilities statewide, regionally, and nationally, in order to ensure technical feasibility, efficient and effective operations, cost reasonableness, and customer satisfaction. • Support increased enforcement of managed lanes for improved travel time reliability and effective operation of express bus service. • Support policies that recognize support the role of pricing and managed lanes as an integral part of multi -modal corridor mobility and achieving environmental goals. • Support initiatives and research that demonstrate the air quality improvements, VMT reduction, and economic benefits from the use of toll and managed lanes. • Support additional Transportation Infrastructure Financing and Innovation Act (TIFIA) program flexibilities. Goods Movement • Policies should recognize the impact of goods movement from the Ports of Los Angeles and Long Beach and the U.S.-Mexico border on Riverside County. • Support Congressional action to continue dedicated funding for goods movement projects, inasmuch as the funding source: o Has a nexus to the user; 5 1007 o Does not reduce funding to existing highway and transit programs; o Provides funding to California, and sSouthern California in particular, commensurate with this region and state's significance to interstate goods movement; and o Can be spent on grade separation projects. • Provide input to the National Freight Advisory Committee and California State Freight Advisory Committee. • Advocate for accurate representation of Riverside County in the Primary Freight Network or other national or statewide freight route designations. • Advocate for freight funding from state and federal sources to be distributed based on a bottoms up regional consensus, in consultation with state and federal agency's freight plans. • Oppose increasing the capacity or intensity of freight movement in and near Riverside County without commensurate mitigation of impacts. • Support legislation to ensure that the Commission is eligible to seek federal goods movement and freight program discretionary grant funding. • Oppose policies that restrict the ability to deliver goods movement enhancements due to application of SB 743. Environment • Support a greater share of state greenhouse gas (GHG) reduction funds toward transportation investments to address the transportation sector's share of GHG emissions. • Ensure criteria for defining disadvantaged communities and environmental justice areas of concern accurately represent Riverside County and enable the region to compete for funding. • Support the simplification of SB 743 VMT modeling and analysis for capacity incr asing highway projects. • Support efforts that allow transportation agencies to receive retroactive credit for VMT reducing projects that have been recently delivered or are included planned in their future delivery plans. • Support efforts or initiatives that limit the liability of transportation projects for long-term conservation or mitigation. • Support efforts to increase the number of highway: —related improvements that qualify for Categorical Exclusions and Exemptions while remaining sensitive to environmental impacts. • Support efforts or initiatives that expedite the approval of Habitat Conservation Plans or Special Area Management Plans for transportation projects. • Oppose efforts to place new environmental criteria (such as GHG reduction or vehicle miles traveled reduction) on transportation projects and programs without commensurate funding for alternatives or mitigations. • Oppose legislation to authorize a multicounty revenue measure for environmental programs if the measure is not required to: (1) provide equitable funding to Riverside County, and (-2) be developed through formal consultation with the Commission before and after passage, and (3) involve the Commission in expenditure of funds within Riverside County related to transportation projects, programs, and services; or if such a measure would negatively impact the Commission's ability to achieve voter approval of local transportation revenue. Projects • Support programs and policies that advantage transportation projects in Riverside County, including, but not limited to: o Measure A -funded projects o Grade separations 6 1008 o Transit capital projects and operations by regional and municipal transit agencies o Commuter rail capital projects and operations o Intercity Rail Service to the Coachella Valley and San Gorgonio Pass o Local streets and road projects sponsored by the county and municipalities o Active transportation projects o Expansion and rehabilitation of the state highway system o Interchanges o Safety enhancements o Mitigation of the impacts of goods movement o Connectivity to high-speed rail o Connectivity to commercial airports o Tolled express lanes, tolled highways, and related infrastructure and technology o Projects included in the Traffic Relief Plan adopted in May 2020 o Technology projects that manage freeway operations o Electric Vehicle charging infrastructure o Locally led bridge projects o Animal corssings • Oppose policies that inhibit the efficient, timely delivery of such projects. • Support implementation of projects in other counties that are contained in the Southern California Association of Governments RTP/Sustainable Communities Strategy when requested by other counties and not in conflict with the Commission's interests. Funding • Support continued testing and analysis of California's road charge pilot program as a potential replacement of the state motor fuels excise tax as the primary funding mechanism for transportation and ensure that both urban, suburban, and rural communities are treated in an equitable manner. • Encourage Monitor the federal government's to authorize a program to test and analyze a pilot program to explore potential replacement mechanisms for the federal gasoline excise tax. • Support all efforts to maintain, at the very least, level state/federal funding for transportation programs. • Support re -dedication of California truck weight fees to transportation accounts. • Monitor legislation relating to tax collection for impacts on Measure A revenues or administration fees. • Support maximizing Commission flexibility and discretion over funding decisions. • Policies should be sensitive to each region's unique needs and avoid "one size fits all" assumptions, over -reliance on one mode of transportation, and lack of distinction between urban, suburban, and rural needs. • Funding sources should be discretionary and distributed by population share to facilitate expeditious project delivery and expenditure of funds. • Support maintaining the legislative intent behind Senate Bill 1 (Statutes 2017) and historic base program funding, by: o Opposing efforts to tie distribution of transportation funding to ancillary policy matters, such as housing. o Opposing efforts to deviate from legislative intent and existing statute. o Supporting efforts to adjust formula allocations to maximize funding decisions being made as locally as possible. 7 1009 o Ensuring program guidelines are as broad as possible with respect to mode, to the extent appropriate while adhering to legislative intent. Regional Partnerships • Collaborate with regional transportation agencies to impact transportation funding and regulatory policies to bring equity and fairness to the Inland Empire region. • Collaborate with public and private sector stakeholders on policy and funding matters that enhance economic development and quality of life in the Inland Empire region. • Engage in legislative efforts impacting regional transportation agencies, particularly when the efforts have a nexus to the Commission. 8 1010 ATTACHMENT 2 RIVERSIDE COUNTY TRANSPORTATION COMMISSION OBJECTIVE: The 2022 State and Federal Legislative Platform serves as the framework that will guide RCTC's advocacy efforts for state and federal policy and funding decisions that enable Riverside County Transportation Commission (RCTC) to: implement Measure A, the Regional Transportation Plan (RTP), and adopted plans and programs; comply with state and federal requirements; and provide greater mobility, improved quality of life, operational excellence, and economic vitality in Riverside County. RCTC's State and Federal Legislative Platform offers positions on key policy issues which are likely to be the focus in the next legislative and congressional sessions. Equity and Fairness • State and federal funding should be distributed equitably to Riverside County. This includes core formula funding as well as supplemental distributions. • Governance structures should ensure equitable representation and decision -making authority is provided to Riverside County. • Policies should be implemented recognizing regional variance by distinguishing high -growth regions for their impact on the economy, environment, and should be dynamic in order to address future population growth. • Engage in policy discussions regarding the way public outreach and public meetings are conducted by public agencies. • Ensure that rural, low income, and disadvantaged communities in Riverside County benefit from equity -based transportation planning and implementation policies. Regional Control • Project selection and planning authority for state/federal funds should be as local as possible, preferably in the hands of the Commission. • State and federal rulemakings, administrative processes, program guidelines, and policy development activities should include meaningful collaboration from regional transportation agencies. • Oppose efforts by non -transportation interests to assert control over transportation funding and decision -making. • Policies should be sensitive to each region's unique needs and avoid "one size fits all" assumptions, over -reliance on one mode of transportation, and lack of distinction between urban, suburban, and rural needs. • State and federal policies should align authority to select projects, manage performance, and should recognize mandates and responsibilities placed upon regional and local governments. Protect Our Authority and Revenue • Existing statutory authorities for the Commission should be preserved and protected. • Oppose efforts to infringe on the Commission's discretion in collecting and administering its revenue sources including, but not limited to: Measure A, tolls, and TUMF. 1011 • Oppose efforts to place mandates on agencies which would drive up operating costs and thereby reduce the amount of funds available to deliver mobility improvements which could nullify RCTC priorities. • Oppose efforts to remove or reduce tax exemption on municipal bond interest to avoid increased costs to finance projects. • Support the ability to issue tax-exempt refunding of municipal bonds. • Oppose legislation that restructures or interferes with governance of the Commission or other local and regional transportation agencies without the support and consent of the entity affected. • Oppose legislation that amends procurement law in a manner that increases the Commission's exposure to litigation, costs, decreased private sector competition, conflicts of interest, or deviation from best practices. • Support legislation that facilitates collection and remittance of sales taxes on e -commerce. • Support efforts to preserve, stabilize, leverage and/or increase funding for transportation. • Ensure the Commission receives maximum sales tax collections resulting from implementation of the Wayfair Supreme Court Decision relative to state sales taxes on internet sales or any other change in policy. Innovation • Support the availability of project delivery tools such as design -build, construction manager/general contractor, and public -private partnerships to the Commission, the State, federal agencies, and other infrastructure agencies. Oppose efforts to add barriers to effective implementation of such tools. • Support implementation and expansion of U.S. Department of Transportation initiatives to expedite and advance innovative transportation policies, programsand technologies . Project Delivery Streamlining • Support all efforts to reduce project delivery timelines while maintaining important environmental protections. • Support reciprocity of the California Environmental Quality Act (CEQA) for the National Environmental Protection Act (NEPA). • Support removing the statutory sunset on the NEPA Assignment program California participates in with the Federal Highway Administration which continues to benefit Commission projects. • Support reforms to accelerate project delivery in future surface transportation legislation . • Engage with the California Department of Transportation (Caltrans) and U.S. Department of Transportation to allow the State and the Commission to participate in the NEPA reciprocity pilot program. • Support further efforts to streamline the federal environmental project approval processes and provide flexibility to meet planning requirements due to changing circumstances. • Support creation of a low -interest loan program to support habitat conservation plans that mitigate the impacts of transportation infrastructure and make project approvals more efficient. • Support efforts to modernize the CEQA, including but not limited to: o Reduce the Commission's exposure to litigation; o Increase accountability and disclosure for plaintiffs in CEQA cases; o Limit courts' ability to invalidate an entire CEQA document when a writ of mandate can resolve discreet issues; o Exempt illegal actions from CEQA review; and o Prohibit "document dumping". 2 1012 Accountability • Revenue derived from transportation sources should be spent exclusively on planning, development, and implementation of transportation projects. Support measures to strengthen the relationship between transportation revenue and expenditures; oppose measures that weaken them. • Support efforts to ensure that all projects in a voter -approved tax measure are delivered to the public. • Encourage the adoption of on time, balanced state budgets, and federal appropriation and authorization legislation to ensure transportation projects are delivered without delay or costly stoppages, and that adequate planning for future projects can take place. • Promote policies that ensure state and federal agencies have adequate funding in order to be responsive and accountable to Commission concerns when working on Commission projects. • Oppose efforts by non -elected, regulatory bodies to dilute, reduce, or withhold transportation funds. • Support maximum transparency by funding agencies in revealing scoring and evaluation of funding requests. Alignment of Responsibilities • Support strong collaborative partnerships with state and federal agencies. • Support policies that reflect and recognize self-help counties' funding contribution to transportation projects in California. Oppose policies that give outsized weight to minority funding partners. • Advocate that Cap -and -Trade revenues be expended in a manner that enables regions to meet greenhouse gas reduction goals in SB 375, AB 32, and SB 32. • Support policies that provide decision -making authority and flexibility to agencies bearing financial risk for projects. Oppose policies that place unfunded mandates and other undue burdens and restrictions on agencies that bear financial risk for projects. • Support efforts by the state and federal governments to improve maintenance and operations of the state highway and interstate systems. Oppose efforts to realign maintenance and operations costs and responsibilities to local or regional agencies. • Oppose efforts by state and federal governments to negate their obligation to maintain the state and federal highway systems. • Oppose efforts by the state legislature to deflect responsibility for voting on revenue for statewide transportation to local voters. Alternatives to Driving Rddesharing • Support incentives to employers that enhance or create transit reimbursement or ridesharing programs. • Oppose new mandates on employers or transportation agencies that would result in disruption of the Commission's ridesharing program. • Support programs and policies that invest in and foster new technologies that promote ridesharing, traffic information, and commuter assistance. 3 1013 • Support regional cooperation toward establishing transportation data standards and technological integrations. Active Transportation • Support maximum regional control of project selection for funding of active transportation projects. Transit and Rail • Support incentives for transit agencies that utilize alternative fuels. • Support inclusion and prioritization of Coachella Valley -San Gorgonio Pass Rail service in the California State Rail Plan and other state planning and funding efforts. • Support legislation to better enable the Coachella Valley -San Gorgonio Pass Rail service to become part of California's intercity rail network, such as legislation to allow intercity rail joint powers authorities to expand their service areas. • Support efforts to secure state and federal funding for the Coachella Valley -San Gorgonio Pass Rail service project.Advocate for expeditious reviews and approvals for greenhouse -gas -reducing rail and transit projects. • Support efforts to provide an equitable share of funding to West Coast intercity rail systems as compared to the Northeast Corridor. • Support Metrolink's policy and funding needs with regard to implementation of positive train control and other rail safety items. • Support Metrolink's SCORE implementation and encourage early SCORE investments in Riverside County. • Support efforts to prioritize high-speed rail funding for connectivity improvements to existing transit systems and infrastructure in California's urban areas. In particular, support all efforts to ensure that funding is provided as soon as possible to projects included in the Memorandum of Understanding (MOU) between the California High Speed Rail Authority (CHSRA), the Southern California Association of Governments (SCAG), and the Commission. • Ensure that the Commission's rights and interests in passenger rail in southern California are properly respected in state, federal, and regional plans and policies. • Support all transit operators in Riverside County with legislative concerns impacting the operators' funding and operations. • Support efforts to provide for streamlined project delivery for transit projects in Riverside County that fulfill the goals of AB 32 and SB 375, as well as other state and federal air quality mandates and mobility performance measures. • Support integration of public transportation systems in southern California. • Support additional funding for specialized transit programs within state and federal programs. • Support funding for vanpool and micro -transit programs, as well as efforts to classify these programs as transit operations/transit operators within state and federal programs. • Support efforts to provide flexibility of funding between capital and operating budgets from state/federal programs for transit agencies. • Oppose additional zero -emission bus transit unfunded mandates that would negatively impact the operating budgets of transit agencies. • Advocate for additional and more flexible state funding sources from the Cap -and -Trade Program. • Support efforts to reevaluate transit performance measures in state and federal law. 4 1014 Teleworking/Remote Working • Engage in policy discussions that utilize teleworking as a method to reduce traffic congestion and improve local economic and public health by permanently increasing the number of Riverside County residents who telecommute or work remotely. Tolling and Managed Lanes • Support legislation that ensures the full and accurate capture of toll revenues, to protect the Commission's debt and congestion management obligations. • Support legislation that authorizes toll agencies to pilot or deploy new technology to improve toll operations and mobility. • Support legislation and policies that strengthen existing statutory authority for connecting toll segments to be implemented in an adjacent county with approvals by both authorized counties. • Engage in legislation regarding privacy laws to ensure an appropriate balance between customer privacy, public safety, financial obligation, and practical operations is reasonably met. • Oppose legislation increasing the type and/or number of vehicles subject to free or reduced toll rates, to protect the Commission's debt and congestion management obligations, and to reduce operational costs and complexity. • Oppose state and federal policies which would dictate how tolling policy and rates are implemented on the Commission's tolled facilities. • Engage in policy discussions that may involve legislation or regulatory efforts that add statutory barriers to expanding the use of tolling. • Oppose policies that would dictate, limit use of, or create onerous requirements for utilizing surplus toll revenue. • Engage in legislation and monitor administrative policies relating to interoperability of business practices of tolled facilities statewide, regionally, and nationally, in order to ensure technical feasibility, efficient and effective operations, cost reasonableness, and customer satisfaction. • Support increased enforcement of managed lanes for improved travel time reliability and effective operation of express bus service. • Support policies that recognize the role of pricing and managed lanes as an integral part of multi - modal corridor mobility and achieving environmental goals. • Support initiatives and research that demonstrate the air quality improvements, VMT reduction, and economic benefits from the use of toll and managed lanes. • Support additional Transportation Infrastructure Financing and Innovation Act (TIFIA) program flexibilities. Goods Movement • Policies should recognize the impact of goods movement from the Ports of Los Angeles and Long Beach and the U.S.-Mexico border on Riverside County. • Support Congressional action to continue dedicated funding for goods movement projects, inasmuch as the funding source: o Has a nexus to the user; o Does not reduce funding to existing highway and transit programs; o Provides funding to California, and southern California in particular, commensurate with this region and state's significance to interstate goods movement; and o Can be spent on grade separation projects. 5 1015 • Provide input to the National Freight Advisory Committee and California State Freight Advisory Committee. • Advocate for accurate representation of Riverside County in the Primary Freight Network or other national or statewide freight route designations. • Advocate for freight funding from state and federal sources to be distributed based on a regional consensus, in consultation with state and federal agency's freight plans. • Oppose increasing the capacity or intensity of freight movement in and near Riverside County without commensurate mitigation of impacts. • Support legislation to ensure that the Commission is eligible to seek federal goods movement and freight program discretionary grant funding. • Oppose policies that restrict the ability to deliver goods movement enhancements due to application of SB 743. Environment • Support a greater share of state greenhouse gas (GHG) reduction funds toward transportation investments to address the transportation sector's share of GHG emissions. • Ensure criteria for defining disadvantaged communities and environmental justice areas of concern accurately represent Riverside County and enable the region to compete for funding. • Support the simplification of SB 743 VMT modeling and analysis for highway projects. • Support efforts that allow transportation agencies to receive retroactive credit for VMT reducing projects that have been recently delivered or are included in future delivery plans. • Support efforts or initiatives that limit the liability of transportation projects for long-term conservation or mitigation. • Support efforts to increase the number of highway -related improvements that qualify for Categorical Exclusions and Exemptions while remaining sensitive to environmental impacts. • Support efforts or initiatives that expedite the approval of Habitat Conservation Plans or Special Area Management Plans for transportation projects. • Oppose efforts to place new environmental criteria (such as GHG reduction or vehicle miles traveled reduction) on transportation projects and programs without commensurate funding for alternatives or mitigations. • Oppose legislation to authorize a multicounty revenue measure for environmental programs if the measure is not required to: (1) provide equitable funding to Riverside County, and (2) be developed through formal consultation with the Commission before and after passage, and (3) involve the Commission in expenditure of funds within Riverside County related to transportation projects, programs, and services; or if such a measure would negatively impact the Commission's ability to achieve voter approval of local transportation revenue. Projects • Support programs and policies that advantage transportation projects in Riverside County, including, but not limited to: o Measure A -funded projects o Grade separations o Transit capital projects and operations by regional and municipal transit agencies o Commuter rail capital projects and operations o Intercity Rail Service to the Coachella Valley and San Gorgonio Pass o Local streets and road projects sponsored by the county and municipalities o Active transportation projects 6 1016 o Expansion and rehabilitation of the state highway system o Interchanges o Safety enhancements o Mitigation of the impacts of goods movement o Connectivity to high-speed rail o Connectivity to commercial airports o Tolled express lanes, tolled highways, and related infrastructure and technology o Projects included in the Traffic Relief Plan adopted in May 2020 o Technology projects that manage freeway operations o Electric Vehicle charging infrastructure o Locally led bridge projects o Animal corssings • Oppose policies that inhibit the efficient, timely delivery of such projects. • Support implementation of projects in other counties that are contained in the Southern California Association of Governments RTP/Sustainable Communities Strategy when requested by other counties and not in conflict with the Commission's interests. Funding • Support continued testing and analysis of California's road charge pilot program as a potential replacement of the state motor fuels excise tax as the primary funding mechanism for transportation and ensure that both urban, suburban, and rural communities are treated in an equitable manner. • Monitor the federal government's pilot program to explore potential replacement mechanisms for the federal gasoline excise tax. • Support all efforts to maintain, at the very least, level state/federal funding for transportation programs. • Support re -dedication of California truck weight fees to transportation accounts. • Monitor legislation relating to tax collection for impacts on Measure A revenues or administration fees. • Support maximizing Commission flexibility and discretion over funding decisions. • Policies should be sensitive to each region's unique needs and avoid "one size fits all" assumptions, over -reliance on one mode of transportation, and lack of distinction between urban, suburban, and rural needs. • Funding sources should be discretionary and distributed by population share to facilitate expeditious project delivery and expenditure of funds. • Support maintaining the legislative intent behind Senate Bill 1 (Statutes 2017) and historic base program funding, by: o Opposing efforts to tie distribution of transportation funding to ancillary policy matters, such as housing. o Opposing efforts to deviate from legislative intent and existing statute. o Supporting efforts to adjust formula allocations to maximize funding decisions being made as locally as possible. o Ensuring program guidelines are as broad as possible with respect to mode, to the extent appropriate while adhering to legislative intent. 7 1017 Regional Partnerships • Collaborate with regional transportation agencies to impact transportation funding and regulatory policies to bring equity and fairness to the Inland Empire region. • Collaborate with public and private sector stakeholders on policy and funding matters that enhance economic development and quality of life in the Inland Empire region. • Engage in legislative efforts impacting regional transportation agencies, particularly when the efforts have a nexus to the Commission. 8 1018 ATTACHMENT 3 RIVERSIDE COUNTY TRANSPORTATION COMMISSION - POSITIONS ON STATE AND FEDERAL LEGISLATION - NOVEMBER 2021 Legislation/ Author Description Bill Status Position Date of Board Adoption AB 1499 (Daly) Removes the January 1, 2024 sunset date for Department of Transportation and regional transportation agencies to use the design - build procurement method for transportation projects in California. Signed by the Governor September 22, 2021 SUPPORT April 14, 2021 SB 623 (Newman) Clarifies existing law to ensure toll operators statewide can improve service to customers and enforce toll policies while increasing privacy protections for the use of personally identifiable information (P11). Hearing canceled at the request of author. Now a two-year bill. April 26, 2021 SUPPORT Staff action based on platform April 5, 2021 SB 261 (Allen) This bill would require that the sustainable communities strategy be developed to additionally achieve greenhouse gas emission reduction targets for the automobile and light truck sector for 2045 and 2050 and vehicle miles traveled reduction targets for 2035, 2045, and 2050 established by the board. The bill would make various conforming changes to integrate those additional targets into regional transportation plans. Senate Transportation Committee - hearing postponed by committee. Now a two-year bill. April 27, 2021 OPPOSE May 12, 2021 Federal HR 972 (Calvert) This bill establishes the Western Riverside County Wildlife Refuge which would provide certainty for development of the transportation infrastructure required to meet the future needs of southern California. Ordered Reported by the House Committee on Natural Resources July 14, 2021 SUPPORT Staff action based on platform June 11, 2021 1019 RIVERSIDE COUNTY TRANSPORTATION COMMISSION STATE AND FEDERAL UPDATE DECEMBER 8, 2021 David Knudsen Interim External Affairs Director Today's Discussion • Receive an update on the Infrastructure Investment and Jobs Act • Adopt the Commission 2022 State and Federal Legislative Platform 2 Infrastructure Investment and Jobs Act (IIJA) • $1.2 trillion in total funding over ten years • 5 -year reauthorization of surface transportation law (FAST Act) 34% above current levels. • $550 billion in new infrastructure funding — Major funding increases for surface transportation and aviation programs — Large new discretionary funding opportunities — Major new funding for EV infrastructure, rail -highway grade crossings, Vision Zero plans and projects, climate resiliency, and rail & transit capital projects 3 IIJA: Breakdown of Transportation Funding Program Total Funding Federal Highway Administration $348 Billion Federal Transit Administration $91.2 Billion Federal Railroad Administration $66 Billion Federal Aviation Administration $25 Billion National Highway Traffic Safety Administration $6.6 Billion Other USDOT Agencies $33.4 Billion Office of the Secretary $19 Billion Ports and Waterways $17 Billion Electric Vehicles $15 Billion Road Safet $11 Billion 4 RCTC IIJA: $1.2 trillion $1.2 Trillion IIJA t Surface Transportation Reauthorization $550 billion New spending $284 billion Surface Transportation $266 billion Core Infrastructure 5 IIJA: $284 Billion More for Transportation Safety $11 billion EV, Buses, & Transit $15 billion Public Transit $39 billion Airports, Ports & Waterways $42 billion Passenger Rail $66 billion Reconnecting Communities $1 billion Roads, Bridges, Major Projects $110 billion 6 IIJA: $266 Billion in Core Infrastructure Environmental Remediation $21 billion Environmental Resiliency Power Infrastructure & $47 billion Grid Automation $73 billion Water Infrastructure $55 billion Broadband $65 billion 7 IIJA: Roads & Highways Funding • California is expected to receive more than $29 billion over 5 years for federal formula funds • Increases Surface Transportation Block Grant (STBG) • EV infrastructure formula funding for California: $384 million • Establishes a new Wildlife Crossings Pilot Program 8 IIJA: Rail & Transit Funding • FTA formula funding includes a $3 billion increase — California's transit funding could grow from $1.4 billion in FY 2021 to $1.8 billion in FY 2022 • $66 billion in new funding for passenger rail • New funding for rail -highway grade crossing improvements • Increases funding for RAISE and expanded eligibility for CRISI grant programs 9 IIJA: Bridge Funding • Nearly $40 billion of new funding for bridge rehabilitation, replacement, and construction projects • Majority of funding ($27.5 billion over 5 years) is by formula to states — California can also compete for the $12.5 billion IIJA: Looking Forward • The U.S. Department of Transportation will direct the largest portion of the act's investments • Some $300 billion in formula grants will be disbursed through IIJA • Formula grants provide predetermined funding to states based on various factors (for example, population size) • Good news! Discretionary grant funds will be available, but we need to see how the programs are structured and identify eligible projects • RCTC staff remain engaged on the implementation on the IIJA 11 Path for Member Agency Grant Success • Complete NEPA process on local projects =eligibility • Strategic grant submittal = cost effective • RCTC staff available as a resource 12 State and Federal Legislative Platform • State and federal funding should be distributed equitably to Riverside County • Oppose efforts by state and federal governments to negate their obligation to maintain the state and federal highway systems • Oppose state and federal policies which would dictate how tolling policy and rates are implemented on the Commission's tolled facilities • Support for securing funding for intercity rail service between Los Angeles and Coachella Valley 13 QUESTIONS, DISCUSSION AGENDA ITEM 9 RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: December 8, 2021 TO: Riverside County Transportation Commission FROM: Lisa Mobley, Administrative Services Manager/Clerk of the Board THROUGH: Anne Mayer, Executive Director SUBJECT: Election of Riverside County Transportation Commission Officers STAFF RECOMMENDATION: This item is for the Commission to conduct an election of officers for 2022 — Chair, Vice Chair, and Second Vice Chair. BACKGROUND INFORMATION: Election of Officers In accordance with the Administrative Code, the Commission must annually hold an election of officers at its first meeting in December. The changes will be effective on January 1 of the following year. The officers of the Commission shall consist of the Chair, Vice Chair, and Second Vice Chair. At its October 9, 2013 meeting, the Commission adopted an amendment to the Administrative Code to modify the officer rotation procedure. Rather than requiring the city and county members alternate every year in the officer positions, the new policy requires there be at least one Supervisor and one city councilmember among the three officer positions at all times. For 2021, Jan Harnik served as Chair, V. Manuel Perez as Vice Chair, and Bob Magee as Second Vice Chair. For 2022, the Second Vice Chair shall be a regular member of the Commission representing either a city or the Riverside County Board of Supervisors. Attachments: 1) List of Past Commission Chairs 2) Administrative Code Excerpt Election of Chair, Vice Chair and Second Vice Chair Agenda Item 9 1020 ATTACHMENT 1 RIVERSIDE COUNTY TRANSPORTATION COMMISSION COMMISSION CHAIRS 2021 Jan Harnik City of Palm Desert 2020 Ben J. Benoit City of Wildomar 1995 Alex Clifford City of Riverside 2019 Chuck Washington County of Riverside — District 3 1994 Corky Larson County of Riverside — District 4 2018 Dana Reed City of Indian Wells 1993 Al Lopez City of Corona 2017 John F. Tavaglione County of Riverside — District 2 1992 Al Lopez City of Corona 2016 Scott Matas City of Desert Hot Springs 1991 Kay Ceniceros County of Riverside — District 3 2015 Daryl R. Busch City of Perris 1990 Kay Ceniceros County of Riverside — District 3 2014 Marion Ashley County of Riverside — District 5 1989 Jack Clarke City of Riverside 2013 Karen Spiegel City of Corona 1988 Don Baskett City of Hemet 2012 John J. Benoit County of Riverside — District 4 1987 Melba Dunlap County of Riverside — District 2 2011 Greg Pettis City of Cathedral City 1986 Jean Mansfield City of Riverside 2010 Bob Buster County of Riverside — District 1 1985 Susan Cornelison Public Member 2009 Bob Magee City of Lake Elsinore 1984 Susan Cornelison Public Member 2008 Jeff Stone County of Riverside — District 3 1983 Roy Wilson City of Palm Desert 2007 Terry Henderson City of La Quinta 1982 Norton Younglove County of Riverside — District 5 2006 Marion Ashley County of Riverside — District 5 1981 Jean Mansfield City of Riverside 2005 Robin Lowe City of Hemet 1980 Donald Schroeder County of Riverside — District 2 2004 Roy Wilson County of Riverside — District 4 1979 Donald Schroeder County of Riverside — District 2 2003 Ron Roberts City of Temecula 1978 Russell Beirich City of Palm Springs 2002 John Tavaglione County of Riverside — District 2 1977 Russell Beirich City of Palm Springs 2001 Will Kleindienst City of Palm Springs 2000 Tom Mullen County of Riverside — District 5 1999 Jack van Haaster City of Murrieta 1998 Bob Buster County of Riverside — District 1 1997 Bob Buster County of Riverside — District 1 1996 Alex Clifford City of Riverside 1021 ATTACHMENT 2 EXCERPT FROM THE COMMISSION'S ADMINISTRATIVE CODE, ARTICLE III, SECTION B B. ELECTION OF CHAIR, VICE CHAIR AND SECOND VICE CHAIR. The Commission annually, at its first meeting in December, and at such other times as there may be a vacancy in either office, shall elect a Chair who shall preside at all meetings, a Vice Chair who shall preside in the absence of the Chair, and a Second Vice Chair who shall preside in the absence of the Chair and the Vice Chair. The Chair, the Vice Chair, and the Second Vice Chair shall be elected by the Commission at its first meeting in December for a one-year term. The changes will be effective on January 1. The election for each position is as follows: 1. At the start of the agenda item, Commission Board members may nominate one or more regular members to fill the positions of Chair, Vice Chair, and Second Vice Chair. Each nomination must be seconded in order to qualify that member for the election. Only those members nominated and seconded shall be part of the selection process set forth below. 2. If no objections are made, the nominations will be closed when the Chair makes a formal announcement closing the nomination period. 3. If only one nomination is received for a position, the Chair shall call on the Commission's Board of Director's to approve the nomination. If more than fifty (50%) percent of the votes cast approve that nominee, the nominee shall be elected and the election for that position shall be consider complete. If the nominee fails to obtain more than fifty percent (50%) of votes cast by the Board, the process for electing a member to the desired position shall begin again from paragraph 1. 4. If two nominations are received for a position, the Chair shall call for the Commission's Board of Director's to cast votes for one of the nominees. Both nominees shall be voted on using a single written ballot. If one of the nominees receives more than fifty percent (50%) of the votes cast, that nominee shall be elected and the election for that position shall be considered complete. If the election fails to result in a nominee with more than fifty percent (50%) of the vote, the nominee with the most votes will be placed before the Commission's Board of Directors for approval. The nominee must be approved by more than fifty percent (50%) of the votes cast by the Board in order to be elected to the desired position. If the nominee fails to obtain more than fifty percent (50%) of the Board's vote, the process for electing a person to the desired position shall begin again from paragraph 1. 5. If there are more than two nominees, the following steps shall be followed in the order set forth below: (a) The Chair shall call for the Commission's Board of Directors to cast votes for one of the nominees. All nominees shall be voted on using a single written ballot. If one nominee receives more than fifty percent (50%) of the votes cast that nominee shall be elected and the election for that position shall be considered complete. If the vote fails to result in a nominee receiving more than fifty percent (50%) of the votes cast, the two nominees with the most votes will be placed in a runoff election. 1022 (b) The winning nominee in the runoff election is selected if that nominee receives more than fifty percent (50%) of the votes cast. In that case, the election for that position shall be considered complete. (c) If the runoff election fails to result in a nominee with more than fifty percent (50%) of the vote, the nominee with the most votes will be placed before the Commission's Board of Directors for approval. (d) If the nominee receives more than fifty percent (50%) of the votes cast, the nominee shall be elected and the election for that position shall be considered complete. (e) If the nominee placed before the Commission's Board of Directors fails to obtain more than fifty percent (50%) of the votes cast, the process for electing a person to the desired position shall begin again from Paragraph 1, above (f) If there is a tie in any step in the election process and the next step of the process cannot proceed, then one or more tie -breaking votes will occur in which all members of the Commission's Board of Directors present at the meeting will be allowed to vote again. The winning nominee must receive more than fifty percent (50%) of the votes cast to be elected. At any point the Commission may vote to suspend the vote until a subsequent meeting. If the Chair has been selected prior to the vote to suspend, the new Chair shall be seated when his or her term commences, but shall relinquish his or her seat as the Vice Chair if applicable. If the Chair and Vice Chair have been selected prior to the vote to suspend, the new Vice Chair shall also seated when his or her term commences, but shall relinquish his or he seat as Second Vice Chair, if applicable. The tally of all votes taken by written ballot hereunder shall be read aloud by the Clerk of the Board immediately following the vote. The written ballots shall be retained by the Clerk of the Board as part of the public record of the meeting. The Chair, the Vice Chair, and the Second Vice Chair shall regularly alternate between regular members of the Commission representing a city and a regular member of the Commission who is a member of the Riverside County Board of Supervisors. At all times, at least one of three officer slots — Chair, Vice Chair, or Second Vice Chair — shall be held by a member of the Riverside County Board of Supervisors. During the time in which the Chair is a regular member of the Commission representing a city, either the Vice Chair or the Second Vice Chair, or both, shall be a regular member of the Commission who is a member of the Riverside County Board of Supervisors. During the time in which the Chair is a regular Commission member who is a member of the Riverside County Board of Supervisors, either the Vice Chair or the Second Vice Chair, or both, shall be a regular member of the Commission representing a city in order to ensure the participation of both city and county representatives in leadership positions. 1023 RIVERSIDE COUNTY TRANSPORTATION COMMISSION ROLL CALL DECEMBER 8, 2021 Present Absent County of Riverside, District I County of Riverside, District II County of Riverside, District III County of Riverside, District IV County of Riverside, District V City of Banning City of Beaumont City of Blythe City of Calimesa City of Canyon Lake City of Cathedral City City of Coachella City of Corona City of Desert Hot Springs City of Eastvale City of Hemet x 0 City of Indian Wells City of Indio City of Jurupa Valley City of La Qu i nta City of Lake Elsinore City of Menifee City of Moreno Valley City of Murrieta City of Norco x 0 City of Palm Desert City of Palm Springs City of Perris City of Rancho Mirage City of Riverside City of San Jacinto City of Temecula City of Wildomar Governor's Appointee, Caltrans District 8 X 0 RIVERSIDE COUNTY TRANSPORTATION COMMISSION TO: Riverside County Transportation Commission FROM: Lisa Mobley, Administrative Services Manager/Clerk of the Board DATE: December 1, 2021 SUBJECT: G.C. 84308 Compliance — Potential Conflict of Interest California Government Code 84308 states a Commissioner may not participate in any discussion or action concerning a contract or amendment if a campaign contribution of more than $250 is received in the past 12 months or 3 months following the conclusion from a bidder or bidder's agent. This prohibition does not apply to the awarding of contracts that are competitively bid. The Commission's procurement division asks potential vendors to disclose any contributions made to the campaigns of any Commissioner as part of their submitted bid packets. As an additional precaution, those entities are included below in an effort to give Commissioners opportunity to review their campaign statements for potential conflicts. Please note the entities listed in this memo are not encompassing of all potential conflicts and are in addition to any personal conflicts of interest such cis those disclosed on Statement of Economic Interests — Form 700 or prohibited by Government Code Section 1090. Please contact me should you have any questions. Agenda Item No. 6K - Agreements for On -Call Right of Way Appraisal Services Consultant(s): Hawran & Malm, LLC Sydney H. Hawran, Managing Member 2618 San Miguel Drive, Suite 1601 Newport Beach, CA 92660 Hennessey & Hennessey, LLC Sharon A. Hennessey, Member/Manager 17602 17th Street, Suite 102-246 Tustin, CA 92780-7915 Integra Realty Resources — Los Angeles Beth B. Finestone, Managing Director 16030 Ventura Boulevard, Suite 620 Encino, CA 91436-4473 Joshua Grading & Excavating, Inc. Muriel Craft, President P.O. Box 292329 Phelan, CA 92329 RCTC Potential Conflicts of Interest December 3, 2021 Page 2 R.P. Laurain & Associates, Inc. John P. Laurain, President 3353 Linden Avenue, Suite 200 Long Beach, CA 90807 Santolucito Dore Group, Inc. Christine S. Santolucito, President 31600 Railroad Canyon Road, Suite 100-L Canyon Lake, CA 92587 Agenda Item No. 6N - Amendment to Agreement with Steve's Towing for Express Lanes Freeway Service Patrol Service Consultant(s): E&S Towing Enterprises, Inc. DBA Steve's Towing Miguel A. Leyva, Owner/President 9529 8Th Street Rancho Cucamonga, CA 91730 Agenda Item No. 60 - Amendments to Agreements for 1E511 Traveler Information Services Consultants(s): Iteris, Inc. Ramin Massoumi, Senior Vice President and General Manager 1700 Carnegie Avenue Santa Ana, CA 92705 Media Beef, Inc. Michael Hemry, President 6809 Indiana Ave., Suite 130 Riverside, CA 92506 Agenda Item 6P — Approval to Acquire Right of Way for the State Route 71/91 Interchange Project Item Property Description Property Owner Buyer(s) 1 102-473-007 Valles, et al RCTC 2 102-473-008 Benavides, et al RCTC 3 102-473-009 Le, et al RCTC 4 102-473-010 Perez, et al RCTC 5 102-473-017 Hirakawa, et al RCTC 6 102-475-001 Romios, et al RCTC 7 102-475-002 Sievert, et al RCTC