HomeMy Public PortalAbout02 February 27, 2023 Budget & Implementation
MEETING AGENDA
Budget and Implementation Committee
Time: 9:30 a.m.
Date: February 27, 2023
Location: This meeting is being conducted virtually in accordance with AB 361 due to state or local officials
recommending measures to promote social distancing.
COMMITTEE MEMBERS
Jeremy Smith, Chair / Jennifer Dain, City of Canyon Lake
Linda Molina, Vice Chair / Wendy Hewitt, City of Calimesa
Lloyd White / Julio Martinez, City of Beaumont
Raymond Gregory / Mark Carnevale, City of Cathedral City
Steven Hernandez / Stephanie Virgen, City of Coachella
Scott Matas / Russell Betts, City of Desert Hot Springs
Bob Magee / Natasha Johnson, City of Lake Elsinore
Ulises Cabrera / Edward Delgado, City of Moreno Valley
Cindy Warren / Ron Holliday, City of Murrieta
Jan Harnik / Kathleen Kelly, City of Palm Desert
Lisa Middleton / To Be Appointed, City of Palm Springs
Alonso Ledezma / Valerie Vandever, City of San Jacinto
James Stewart / Jessica Alexander, City of Temecula
Chuck Washington, County of Riverside, District III
Yxstian Gutierrez, County of Riverside, District V
STAFF
Anne Mayer, Executive Director
Aaron Hake, Deputy Executive Director
AREAS OF RESPONSIBILITY
Annual Budget Development and Oversight
Competitive Federal and State Grant Programs
Countywide Communications and Outreach Programs
Countywide Strategic Plan
Legislation
Public Communications and Outreach Programs
Short Range Transit Plans
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
www.rctc.org
AGENDA*
*Actions may be taken on any item listed on the agenda
9:30 a.m.
Monday, February 27, 2023
This meeting is being conducted virtually in accordance with AB 361 due to state or local officials
recommending measures to promote social distancing.
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For members of the public wishing to submit comment in connection with the Budget and
Implementation Committee Meeting please email written comments to the Clerk of the Board at
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as long as the comment is received before the end of the meeting’s public comment
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In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed
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available for inspection by members of the public prior to the meeting on the Commission’s website,
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In compliance with the Americans with Disabilities Act, Government Code Section 54954.2, Executive Order
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meeting.
Budget and Implementation Committee
February 27, 2023
Page 2
1. CALL TO ORDER
2. ROLL CALL
3. PLEDGE OF ALLEGIANCE
4. PUBLIC COMMENTS – Under the Brown Act, the Board should not take action on or discuss
matters raised during public comment portion of the agenda which are not listed on the
agenda. Board members may refer such matters to staff for factual information or to be
placed on the subsequent agenda for consideration. Each individual speaker is limited to
speak three (3) continuous minutes or less.
5. ADDITIONS/REVISIONS (The Committee 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 Committee subsequent to the posting of the agenda. An action adding
an item to the agenda requires 2/3 vote of the Committee. If there are less than 2/3 of the
Committee 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. APPROVAL OF MINUTES – JANUARY 23, 2023
Page 1
6B. QUARTERLY SALES TAX ANALYSIS
Page 8
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file the sales tax analysis for the Quarter 3, 2022 (3Q 2022).
6C. QUARTERLY FINANCIAL STATEMENTS
Page 17
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file the Quarterly Financial Statements for the six months ended
December 31, 2022.
Budget and Implementation Committee
February 27, 2023
Page 3
6D. MONTHLY INVESTMENT REPORT
Page 26
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file the Monthly Investment Report for the month ended
January 31, 2023.
6E. QUARTERLY PUBLIC ENGAGEMENT METRICS REPORT, OCTOBER-DECEMBER 2022
Page 233
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file the Quarterly Public Engagement Metrics Report for
October-December 2022.
6F. AMENDMENT TO PALO VERDE VALLEY TRANSIT AGENCY’S FISCAL YEAR 2022/23
SHORT RANGE TRANSIT PLAN
Page 240
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Approve a $97,500 allocation increase of Local Transportation Funds (LTF) for
the Palo Verde Valley Transit Agency (PVVTA) for Fiscal Year 2022/23; and
2) Approve PVVTA’s amended FY 2022/23 Short Range Transit Plan (SRTP) to
reflect the LTF increase in the amount of $97,500 for operating expenses.
6G. ACTIVE TRANSPORTATION PROGRAM CYCLE 6 - RIVERSIDE COUNTY PROJECT
RECOMMENDATIONS FOR METROPOLITAN PLANNING ORGANIZATION REGIONAL
PROGRAM
Page 247
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file the Cycle 6 Active Transportation Program (ATP) list of
recommended projects in Riverside County for Metropolitan Planning
Organization (MPO) adoption in the amount of $46,394,000.
Budget and Implementation Committee
February 27, 2023
Page 4
6H. STATE AND FEDERAL LEGISLATIVE UPDATE
Page 252
Overview
This item is for the Committee to recommend the Commission take the following
action(s):
1) Receive and file a state and federal legislative update.
7. PROPOSED POLICY GOALS AND OBJECTIVES FOR FISCAL YEAR 2023/24 BUDGET
Page 254
Overview
This item is for the Committee to recommend the Commission take the following action(s):
1) Review and approve the proposed Commission Policy Goals and Objectives for the
Fiscal Year (FY) 2023/24 Budget; and
2) Review and approve the Fiscal Accountability Policies for the FY 2023/24 Budget.
8. FORMULA FUNDING DISTRIBUTION WITHIN RIVERSIDE COUNTY
Page 266
Overview
This item is for the Committee to recommend the Commission take the following action(s):
1) Approve Agreement No. 23-66-052-00, a Memorandum of Understanding (MOU)
between the Commission and the Coachella Valley Association of Governments
(CVAG) to outline certain formula funding distributions as follows:
a. Measure A – Distribute Measure A funds as directed in the Measure A
Ordinance and Expenditure Plan approved by Riverside County voters in
2002;
b. Local Transportation Fund Planning – Distribute Local Transportation Fund
(LTF) Planning funds to CVAG following RCTC-adopted distribution formula;
c. State Transportation Improvement Program – Distribute State
Transportation Improvement Program (STIP) funds consistent with the 1998
MOU with Western Riverside Council of Governments (WRCOG) and CVAG;
d. State Transportation Improvement Program – Revise STIP Planning,
Programming, and Monitoring (PPM) distribution to CVAG from a set annual
dollar amount to the Coachella Valley percentage share of taxable sales
applied to annual STIP PPM allocation amounts following the procedures
contained herein;
e. Local Partnership Program Formula – Distribute Local Partnership Program
(LPP) Formula funds to CVAG for the Coachella Valley share of taxable sales;
Budget and Implementation Committee
February 27, 2023
Page 5
f. Local Partnership Program Formula – Coordinate with CVAG leading up to
each LPP Formula cycle to communicate the Coachella Valley LPP Formula
share balance and determine if there is an eligible Coachella Valley project
on which to program the funds; and
2) Approve entering into a revised MOU with the city of Blythe (Blythe) to process a
biennial LPP Formula funding swap in tandem with each biennial STIP cycle, beginning
in calendar year 2023; and
3) Authorize the Executive Director, pursuant to legal counsel review, to execute the
agreement on behalf of the Commission.
9. FUNDING REQUEST FOR INTERSTATE 10 MONROE STREET INTERCHANGE PROJECT
Page 280
Overview
1) Approve programming $26,232,000 of Surface Transportation Block Grant (STBG)
funds for the Interstate 10/Monroe Street Interchange Project;
2) Approve Agreement No. 23-72-051-00 between the Commission and the County of
Riverside for the programming of $26,232,000 of STBG for the construction phase of
the Interstate 10/Monroe Street Interchange Project.
10. SETTLEMENT AGREEMENT CONTRIBUTIONS INVOLVING THE WORLD LOGISTICS CENTER
FROM THE CITY OF MORENO VALLEY AND HIGHLAND FAIRVIEW FOR THE CENTER FOR
ENVIRONMENTAL RESEARCH AND TECHNOLOGY AND THE COMMUNITY TRANSLATIONAL
RESEARCH INSTITUTE
Page 297
Overview
1) Award Agreement No. 23-67-042-00 to the University of California Regents for the
Center for Environmental Research and Technology (CERT) at the University of
California, Riverside (UCR) in the amount of $100,000 from settlement funds received
from Highland Fairview and the city of Moreno Valley (Moreno Valley);
2) Award Agreement No. 23-67-043-00 to the Community Translational Research
Institute (CTRI), a program of the Public Health Foundation Enterprises Inc., dba
Heluna Health, in the amount of $100,000 from settlement funds received from
Highland Fairview and Moreno Valley; and
3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreements on behalf of the Commission.
11. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA
12. EXECUTIVE DIRECTOR REPORT
Budget and Implementation Committee
February 27, 2023
Page 6
13. COMMISSIONER COMMENTS
Overview
This item provides the opportunity for brief announcements or comments on items or
matters of general interest.
14. ADJOURNMENT
The next Budget and Implementation Committee meeting is scheduled to be held at
9:30 a.m., March 27, 2023.
AGENDA ITEM 6A
MINUTES
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
Monday, January 23, 2023
MINUTES
1.CALL TO ORDER
The meeting of the Budget and Implementation Committee was called to order by
Chair Raymond Gregory at 9:30 a.m. via Zoom Meeting ID 839 4220 3451. 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
Members/Alternates Present Members Absent
Russell Betts Steven Hernandez
Ulises Cabrera Jan Harnik
Raymond Gregory Jeremy Smith
Yxstian Gutierrez
Bob Magee
Lisa Middleton
Linda Molina
Cindy Warren*
Lloyd White
James Stewart
Valerie Vandever
Chuck Washington
*Arrived after the meeting was called to order.
Chair Gregory thanked the new Commissioners and alternates for their participation on
this committee.
3.PLEDGE OF ALLEGIANCE
Commissioner Linda Molina led the Budget and Implementation Committee in a flag
salute.
4.PUBLIC COMMENTS
There were no requests to speak from the public.
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January 23, 2023
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5. ADDITIONS / REVISIONS
There were no additions or revisions to 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.
M/S/C (Molina/Cabrera) to approve the following Consent Calendar item(s):
6A. APPROVAL OF MINUTES – NOVEMBER 28, 2022
6B. SINGLE SIGNATURE AUTHORITY REPORT
1) Receive and file the Single Signature Authority report for the second
quarter ended December 31, 2022.
6C. MONTHLY INVESTMENT REPORT
1) Receive and file the Monthly Investment Report for the month ended
December 31, 2022.
Abstain: Commissioners Betts and Cabrera on Agenda Item 6A
7. FISCAL YEAR 2022/23 MID-YEAR BUDGET ADJUSTMENTS
Sergio Vidal, Chief Financial Officer, presented the Fiscal Year 2022/23 Mid-Year Budget
adjustments, highlighting the following:
• Budget adjustment – By Project(s)
o South Perris Metrolink station
Revenue/Expenditure adjustment - $1,400,000
Source of funds: Federal Transportation Administration (FTA)
(5309) Grant Funds
Description of Project: Parking lot rehabilitation and safety repairs
o Western Regional County Regional Conservation Authority (RCA)
Revenue/Expenditure adjustment - $1,159,200
Source of funds: Local reimbursements, RCTC is fully reimbursed
by RCA
Description of Project: Various professional services and
administrative costs increase
o Interstate 15 / Railroad Canyon Interchange Project
Expenditure adjustment - $900,000
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January 23, 2023
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Source of funds: Transportation Uniform Mitigation Fee (TUMF)
fund balance
Description of Project: Construction expenditures to signal
reconstruction and electrical changes related to Caltrans
Commissioner Betts stated the Perris Metrolink station is probably way more expensive
than $1.4 million and asked if that adjustment is for change orders and what percentage
of the original bid was that.
Sergio Vidal replied this is just for some immediate safety work for both the parking lot
rehabilitation and station repairs for the traversing public. RCTC’s budget is about
$38 million for this project so it is a change order to that. He asked if there was any RCTC
project staff available that could respond.
Erik Galloway, Project Delivery Director, replied that the $1.4 million is for the South Perris
parking lot they are doing rehabilitation as there has been some cracking and damage to
the parking lot so that is what it is intended for, it is not an active construction project
yet. In response to Commissioner Betts’ clarification that this was discovered after the bid
process, Erik Galloway replied it was after all the construction when RCTC built the station
there has been settling and moving of the pavement and they are repairing that now.
M/S/C (White/Betts) to:
1) Approve the Fiscal Year 2022/23 mid-year budget adjustments for a net
increase of $2,559,200 and $3,459,200 in revenues and expenditures,
respectively.
At this time, Commissioner Cindy Warren joined the meeting.
8. STATE AND FEDERAL LEGISLATIVE UPDATE
David Knudsen, External Affairs Director, presented an update for the state and federal
legislative activities.
Commissioner Ulises Cabrera expressed appreciation for David Knudsen’s report. He
stated seeing that there are some budget shortfalls and reductions in transportation
specifically at the state level he asked if any members of staff anticipate any specific
projects within RCTC being affected by that possible reduction in funding moving forward.
David Knudsen replied that is still being evaluated although he does not foresee there
being an issue at this time. He stated clearly if the state of California is moving forward
with the climate action goals impacting transportation there could be some impact in
future projects, but to RCTC’s current project workload he does not foresee that being an
issue. He asked if Anne Mayer wanted to provide additional information.
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January 23, 2023
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Anne Mayer, Executive Director, stated staff needs to keep an eye out on what happens
as this budget evolves and will start getting some signs probably in March. The California
Transportation Commission (CTC) in March will receive their first budget projections for
the next programming cycles for state funding in various programs. She noted for
example, the one category that David Knudsen mentioned was at $200 million was being
moved out of climate resistance but backfilled out of the State Highway Account, which
means there is $200 million less in the State Highway Account that may not be available
for future projects. While these numbers do not sound so significant at this point that
existing projects would be impacted, what it might do is reduce the amount of money
available in later years. Anne Mayer explained the Transit and Intercity Rail Program as
David Knudsen mentioned over a $2 billion cut for that program that is the program that
RCTC is keenly interested in for helping to fund portions of CV Rail. Staff will keep a very
close eye on what is happening as the budget discussion evolves, what happens with the
May Revise, but also see what starts happening at the CTC related to these fund types. In
terms of the legislation that David Knudsen mentioned staff will be paying close attention
because these bills are about transportation funding and what projects are receiving
transportation funding including local funds but many of the principles behind these bills
are related to land use. She suggested for those that are active at League of California
Cities or California State Association of Counties (CSAC) to keep an eye on those bills as
well from a non-transportation perspective since it is about land use and trying to ensure
that land use decisions are made in a way that reduces travel.
Chair Gregory thanked David Knudsen for his report and will look forward to the
continuous updates as the session moves along.
M/S/C to:
1) Receive and file a state and federal legislative update.
9. ELECTION OF OFFICERS FOR THE BUDGET AND IMPLEMENTATION COMMITTEE
At this time, Chair Gregory opened nominations for the Chair position.
Lisa Mobley, Administrative Services Director/Clerk of the Board, announced as the Chair
stated this item is to elect a Chair and Vice Chair for 2023 for the Budget and
Implementation Committee. The current Chair is Raymond Gregory, city of Cathedral City
and the Vice Chair is Jeremy Smith, city of Canyon Lake.
Commissioner Chuck Washington, seconded by Commissioner Yxstian Gutierrez
nominated Commissioner Jeremy Smith for the Chair position for 2023.
No other nominations were received. The Chair closed the nominations. Vice Chair Smith
was elected as the Budget and Implementation Committee’s Chair for 2023.
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January 23, 2023
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At this time, Chair Gregory opened nominations for the Vice Chair position for 2023.
Commissioner Russell Betts, seconded by Commissioner Washington nominated
Commissioner Linda Molina for the Vice Chair position for 2023.
No other nominations were received. The Chair closed the nominations. Commissioner
Linda Molina was elected as the Budget and Implementation Committee’s Vice Chair for
2023.
At this time, former Chair Gregory asked Vice Chair Molina to take over the remainder of
the meeting.
10. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA
There were no items pulled from the consent calendar.
11. EXECUTIVE DIRECTOR REPORT
Anne Mayer announced:
• The weather cooperated for the 71/91 Groundbreaking Ceremony that was held
on January 19, there was a great turnout, there were partners from both Orange
and San Bernardino Counties to celebrate the 71/91 Connector Project.
• Beginning the evening of January 27 – January 30 in the morning there will be a
55-hour closure on SR-91 Westbound in Corona west of Interstate 15. There have
been changeable message signs out there, social media posts, and there will be a
virtual press conference to make sure the word is out to as many people as
possible to avoid the area this weekend. This is a 55-hour closure for both the 91
Refresh Project as well as the 15/91 Project so both projects are under way, and
they are having a joint project closure for the weekend.
• The Annual Commission Workshop will be held February 2-3 in the city of Palm
Springs. For new Commissioners RCTC has held annual workshops for the full
Commission and it will start at 1:00 p.m. on February 2 and run until just before
noon on February 3. It is an opportunity for the Commission to have deeper
conversations about policy issues to find out information related to transportation
innovation, and it has frequently been an opportunity for the Commission to
provide staff with policy and priority direction. There has not been an annual
workshop in three years and there will be more information that will be sent to
the Commissioners. There are some great presentations related to transportation
innovation, and some friends from General Motors are coming to talk about
innovations in their fleet, what they are planning for in the future, as well as the
needs for electric vehicle infrastructure, there will be a presentation related to
autonomous vehicles and connectivity, and then some conversations about the
Commission’s policy direction and key priorities in the upcoming year.
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January 23, 2023
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12. COMMISSIONER COMMENTS
12A. Commissioner Cabrera announced that he is the new mayor in the city of Moreno
Valley and is honored to be here to be able to have these conversations and to
work together. He looks forward to accomplishing a lot of things moving forward
and anything that they can assist with in the city of Moreno Valley to contact city
hall.
12B. Commissioner Betts thanked outgoing Chair Gregory for a great job running the
meetings and for all his efforts. He asked Anne Mayer for the dates and times for
the Annual Commission Workshop. Anne Mayer replied it is on February 2 and 3.
Anne Mayer stated the agenda will go out this Wednesday, it is being held at the
Renaissance Hotel in Palm Springs. The plan is to start the Commission Workshop
at 1:00 p.m. on February 2 and concluded by 11:30 a.m. on Friday, February 3.
There will be presentations and discussion session from 1:00 p.m. to 5:15 p.m. and
there will be a group dinner about 6:00 p.m. on February 2 and the next morning
will commence at 8:30 a.m and go until 11:45 a.m.
12C. Commissioner Cindy Warren apologized for joining this meeting late as the wind
is causing some havoc and her internet has been up and down. She expressed
being honored to be the delegate for the city of Murrieta and looks forward to the
Commission Workshop and working with all the Commissioners this next year.
12D. Commissioner James Stewart announced that he is the representative for the city
of Temecula for this year and he will not be at the Commission Workshop as he
had a planned cruise booked.
12E. Chair Molina stated that she is looking forward to the Budget and Implementation
Committee as it is an exciting committee, there is a lot of action taken, and a lot
of knowledge shared and is looking forward to meeting the new Commissioners
and for the Commission Workshop on February 2 and 3.
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RCTC Budget and Implementation Committee Minutes
January 23, 2023
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13. ADJOURNMENT
There being no further business for consideration by the Budget and Implementation
Committee, the meeting was adjourned at 10:05 a.m.
Respectfully submitted,
Lisa Mobley
Administrative Services
Director/Clerk of the Board
7
AGENDA ITEM 6B
Agenda Item 6B
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Matt Wallace, Deputy Director of Financial Administration
THROUGH: Sergio Vidal, Chief Financial Officer
SUBJECT: Quarterly Sales Tax Analysis
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission to take the following action(s):
1) Receive and file the sales tax analysis for the Quarter 3, 2022 (3Q 2022).
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 1,588 businesses. Through
2Q 2022, the CDTFA approved $15,784,344 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
3Q 2022. Most of the 3Q 2022 Measure A sales tax revenues were received in the fourth quarter
of calendar year 2022, during September 2022 through November 2022, due to a lag in the sales
tax calendar. The summary section of the 3Q 2022 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).
8
Agenda Item 6B
Taxable transactions for the top 25 contributors in Riverside County generated 26.7 percent of
taxable sales for the benchmark year ended 3Q 2022, slightly less than the benchmark year ended
3Q 2021 at 26.9 percent. The top 100 tax contributors generated 40.5 percent for the benchmark
year ended 3Q 2022, comparable to the 40.4 percent for the benchmark year ended 3Q 2021.
In the Economic Category Analysis below, all six categories experienced new highs in the 3Q 2022
benchmark year compared to the prior eight benchmark years.
An analysis of sales tax performance through 3Q 2022 is attached and illustrates consistent cycles
for sales tax performance for most of the economic categories since 2Q 2017, apart from
COVID-19 impacts for some categories.
For the top 10 economic segments (miscellaneous retail, auto sales – new, restaurants,
department stores, service stations, building materials – wholesale, food markets, building
materials – retail, heavy industry, and apparel stores) during the past eight benchmark year
quarters, sales tax reached a new high point in 3Q 2022. The economic segments represent 73.8
percent of the total sales tax receipts. For the remaining 21 economic segments representing
26.2 percent of total sales tax receipts, 13 economic segments representing
19.5 percent of total sales tax receipts reached new high points in the benchmark year 3Q 2022.
In the Economic Segment Analysis below, miscellaneous retail, which includes online retailers, is
RCTC’s largest economic segment, followed by auto sales – new and restaurants. Since the
benchmark year 3Q 2015, each of these segments has realized significant sales tax growth.
Miscellaneous retail has increased 172%, auto sales – new has increased 69%, and the restaurant
segment has increased 60% when comparing benchmark year 3Q 2015 to benchmark year 3Q
2022. The increase related to online sales was largely as a result of the recent legislation to tax
online sales along with general consumer spending shifting from brick and mortars to online.
As noted, auto sales-new and restaurants have also experienced increases since 3Q 2015 due to
general price increases (inflation) and improved consumer demand.
% of Total / % Change RCTC State Wide Orange County Riverside
County S.F. Bay Area Sacramento
Valley Central Valley South Coast North Coast
General Retail 29.6 / 7.2 28.2 / 8.1 26.8 / 18.1 33.9 / 27.8 26.5 / -11.1 27.8 / 9.7 36.3 / 5.6 26.2 / 12.7 25.6 / -27.3
Food Products 16.2 / 17.7 20.1 / 16.2 20.5 / 22.7 17.6 / 15.6 20.7 / 2.1 15.8 / 14.5 14.2 / 8.7 22.2 / 22.4 17.4 / -8.7
Transportation 24.5 / 15.4 24.4 / 11.7 25.2 / 16.7 24.7 / 17.0 19.6 / -16.5 27.7 / 9.0 23.3 / 10.3 25.4 / 19.4 30.3 / -7.3
Construction 11.2 / 17.4 10.1 / 3.8 8.4 / 7.9 12.9 / 12.5 10.6 / -13.7 13.5 / 10.9 10.5 / 2.9 8.9 / 7.8 14.8 / -16.9
Business to Business 15.3 / 12.9 16.2 / 7.4 18.2 / 15.2 10.3 / 12.6 21.5 / -9.4 14.2 / 12.7 14.9 / 11.2 16.2 / 13.1 11.1 / -0.4
Miscellaneous 3.3 / 2.8 1.0 / 7.5 0.9 / 14.7 0.6 / 0.4 1.2 / -7.5 1.1 / 3.1 0.8 / 11.5 1.1 / 13.1 0.8 / -11.2
Total 100.0 / 12.6 100.0 / 9.9 100.0 / 17.2 100.0 / 18.9 100.0 / -9.7 100.0 / 10.8 100.0 / 7.7 100.0 / 16.0 100.0 / -14.4
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
ECONOMIC CATEGORY ANALYSIS
9
Agenda Item 6B
Information regarding sales tax comparison by city and change in economic segments
(two highest gains and two highest declines) for 3Q 2022 to 3Q 2021 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.
FISCAL IMPACT:
This is an information item. There is no fiscal impact.
Attachments:
1) Sales Tax Digest Summary 3Q 2022
2) Sales Tax Performance Analysis by Quarter 3Q 2022
3) Quarterly Sales Tax Comparison by City for 3Q 2022 to 3Q 2021
RCTC State Wide Orange County Riverside
County S.F. Bay Area Sacramento
Valley Central Valley South Coast North Coast
Largest Segment Miscellaneous
Retail Restaurants Restaurants Miscellaneous
Retail Restaurants Auto Sales -
New
Miscellaneous
Retail Restaurants Service
Stations
% of Total / % Change 12.4 / 9.5 14.1 / 23.2 14.8 / 28.4 16.7 / 56.3 14.9 / 12.7 11.3 / 2.2 13.2 / 18.9 16.0 / 29.4 11.9 / 19.2
2nd Largest Segment Auto Sales -
New
Auto Sales -
New
Auto Sales -
New
Auto Sales -
New
Miscellaneous
Retail Restaurants Department
Stores
Auto Sales -
New Restaurants
% of Total / % Change 11.6 / 13.3 11.4 / 4.1 14.0 / 12.8 10.9 / 10.5 9.8 / -11.7 10.7 / 19.3 11.0 / 4.2 12.8 / 14.6 11.0 / -5.3
3rd Largest Segment Restaurants Miscellaneous
Retail
Department
Stores Restaurants Auto Sales -
New
Miscellaneous
Retail Restaurants Department
Stores
Auto Sales -
New
% of Total / % Change 10.1 / 20.8 9.5 / 17.0 8.5 / 15.5 10.7 / 20..0 9.3 / -26.7 10.4 / 21.8 9.3 / 10.2 8.1 / 13.2 10.9 / -23.7
ECONOMIC SEGMENT ANALYSIS
10
Riverside County Transportation Commission
Sales Tax Digest Summary
Collections through December 2022
Sales through September 2022 (2022Q3)
www.avenuinsights.com (800)800‐8181 Page 1
CALIFORNIA’S ECONOMIC OUTLOOK
California sales tax receipts increased by 7.7% over the same quarter from the previous year, with
Northern California reporting a 7.7% increase compared to a 7.8% increase for Southern California.
Receipts for the RCTC increased by 6.0% over the same periods.
Real Gross Domestic Product (GDP) increased at an annual rate of 2.6% in the third quarter of 2022. U.S.
inflation decelerated slightly to 7.7% in October of 2022, while California's headline inflation was 7.5%
year over year as of August of 2022. (DIR, BEA, BLS, October Finance Bulletin)
The U.S. unemployment rate increased slightly by 0.1% to 3.7% in October of 2022, now 0.2% higher
than its February of 2020 pre‐pandemic rate of 3.5%. California's unemployment rate increased slightly
to 4.0% in October of 2022, 0.1 percentage point higher than July of 2022 rate of 3.9%. (BLS)
U.S. personal income increased by 1.7% for the third quarter of 2022, compared to same quarter
previous year. Personal consumption and expenditures increased by 4.2%, resulting in a 62.5% decrease
in US personal savings for the third quarter of 2022, compared to same quarter previous year. (BEA)
LOCAL RESULTS
Net Cash Receipts Analysis
Local Collections $70,979,081
Less: Cost of Administration $(661,620)
Net 3Q2022 Receipts $70,317,461
Net 3Q2021 Receipts $66,335,340
Actual Percentage Change 6.0%
Business Activity Performance Analysis
Local Collections – Economic Basis 3Q2022 $68,737,344
Local Collections – Economic Basis 3Q2021 $64,614,256
Quarter over Quarter Change $4,123,088
Quarter over Quarter Percentage Change 6.4%
Avenu Insights & Analytics’ On‐Going Audit Results
Total Recovered Since Inception $15,784,344
ATTACHMENT 1
11
RCTC
www.avenuinsights.com (800) 800‐8181 Page 2
$‐
$100
$200
$300
$400
$500
$600
$700
$‐
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 1Q2022 2Q2022 3Q2022
(in thousands of $)
Net Receipts CDTFA Admin Fees Due
HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER
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 October 2021 to September of 2022. The Top 25 Sales/Use Tax contributors
generate 26.7% of RCTC’s total sales and use tax revenue.
* ”‐ EC” added to the end of business names represent electronic commerce.
7‐ELEVEN FOOD STORES LOWE’S HOME CENTERS
AMAZON.COM – EC MCDONALD'S RESTAURANTS
AMAZON.COM SERVICES – EC RALPH'S GROCERY COMPANY
ARCO AM/PM MINI MARTS ROSS STORES
BEST BUY STORES SAM'S CLUB
CARMAX AUTO SUPERSTORES SHELL SERVICE STATIONS
CED LIGHTING SOLUTIONS STATER BROS MARKETS
CHEVRON SERVICE STATIONS TARGET STORES
CIRCLE K FOOD STORES TESLA
COSTCO WHOLESALE UNION 76 SERVICE STATIONS
DEPARTMENT OF MOTOR VEHICLES VERIZON WIRELESS
EBAY – EC WAL MART STORES
HOME DEPOT
12
RCTC
www.avenuinsights.com (800) 800‐8181 Page 3
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
3Q2022
High
Low
59,887
64,561
66,089
70,603
75,238
79,707
80,624
81,876
81,675
81,862
33.689
32,813
32,260
32,432
36,421
38,450
41,385
43,922
45,318
45,907
46,102
46,363
47,202
50,108
56,414
59,172
62,830
66,676
68,857
69,473
21,940
22,939
24,114
25,554
26,390
27,765
28,573
29,746
31,683
32,678
32,830
33,999
35,280
37,256
37,885
38,714
40,166
30,320
43,295
6,414
6,821
7,411
8,025
8,754
8,966
9,176
9,265
(15,000)$ 35,000 $ 85,000 $ 135,000 $ 185,000 $ 235,000
2Q2020
3Q2020
4Q2020
1Q2021
2Q2021
3Q2021
4Q2021
1Q2022
2Q2022
3Q2022
(in thousands of $)
General Retail Food Products Transportation Construction Business To Business Miscellaneous
9,33241,659
9,275
HISTORICAL SALES TAX AMOUNTS
ANNUAL SALES TAX BY BUSINESS CATEGORY
The following chart shows the sales tax level from annual sales through September of 2022, the
highs, and the lows for the top ten segments over the last two years in thousands of $.
13
RCTC
www.avenuinsights.com (800) 800‐8181 Page 4
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
4Q
2
0
1
7
1Q
2
0
1
8
2Q
2
0
1
8
3Q
2
0
1
8
4Q
2
0
1
8
1Q
2
0
1
9
2Q
2
0
1
9
3Q
2
0
1
9
4Q
2
0
1
9
1Q
2
0
2
0
2Q
2
0
2
0
3Q
2
0
2
0
4Q
2
0
2
0
1Q
2
0
2
1
2Q
2
0
2
1
3Q
2
0
2
1
4Q
2
0
2
1
1Q
2
0
2
2
2Q
2
0
2
2
3Q
2
0
2
2
(in thousands of $)
FIVE‐YEAR ECONOMIC TREND: General Retail
14
RCTC: Sales Tax Performance Analysis by Quarter
TOTAL
Confidential Economic
TOTAL
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$68,737,344 6.4% $4,123,088 12.6%$31,659,921
GENERAL RETAIL
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$18,536,623 0.8% $141,037 6.3%$4,841,221
27.0%
FOOD PRODUCTS
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$10,834,869 3.8% $395,713 17.7%$6,904,697
% of Total: 15.8%
TRANSPORTATION
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$17,215,396 5.0% $823,623 15.4%$9,245,283
% of Total: 25.0%
CONSTRUCTION
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$8,318,429 18.8% $1,313,459 17.4%$4,696,514
% of Total: 12.1%
BUSINESS TO BUSINESS
2022Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆
$10,991,551 14.1% $1,361,453 12.9%$4,936,008
% of Total: 16.0%
Q4 Q1 Q2 Q3
TOTAL CATEGORY
% of 2022Q3 Total:
QoQ = 22Q3 / 21Q3 YoY = YE 22Q3 / YE 21Q3
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
Avenu Insights & Analytics1BHFPG
ATTACHMENT 2
15
RCTC: Quarterly Comparison of 2021Q3 and 2022Q3 (July through September Sales)
Ge
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e
r
a
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Re
t
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Fo
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Pr
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Tr
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Co
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Bu
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To
Bu
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Jul ‐ Sep 2022
(2022Q3)
Jul ‐ Sep 2021
(2021Q3)% Chg Gain Gain Decline Decline
BANNING ‐6.2%‐4.4% 4.9% 63.4%‐38.1%‐64.7%776,268 786,893 ‐1.4%Bldg.Matls‐Whsle Misc. Vehicle Sales Light Industry Heavy Industry
BEAUMONT 194.6% 0.8% 11.4% 4.2%‐10.7%‐57.6%5,658,466 2,646,899 113.8%Miscellaneous Retail Service Stations Light Industry Misc. Vehicle Sales
BLYTHE ‐16.0% 3.1% 26.2% 20.8% 854.5%‐48.2%755,538 400,841 88.5%Leasing Auto Sales ‐ New Light Industry Service Stations
CALIMESA 4.7% 11.6% 53.6%‐5.9% 37.7%‐32.8%361,293 286,131 26.3%Service Stations Restaurants Office Equipment Drug Stores
CANYON LAKE 8.9% 5.9%‐8.2%‐96.9%‐70.6% 28.3%77,470 78,870 ‐1.8%Miscellaneous Retail Restaurants Business Services Auto Parts/Repair
CATHEDRAL CITY ‐11.9%‐1.6% 0.8% 14.8% 7.3%‐3.5%2,828,340 2,822,710 0.2%Auto Sales ‐ New Energy Sales Misc. Vehicle Sales Miscellaneous Retail
COACHELLA 0.1% 1.7% 10.0% 56.8% 5.2% 13.1%1,102,309 1,034,885 6.5%Service Stations Florist/Nursery Drug Stores Heavy Industry
CORONA 4.0% 4.5% 17.3% 17.9% 20.1%‐17.9%11,951,985 10,572,631 13.0%Bldg.Matls‐Whsle Service Stations Auto Sales ‐ Used Food Markets
COUNTY OF RIVERSIDE 17.2% 9.1% 8.3% 29.9%‐4.4% 78.2%10,933,877 9,692,240 12.8%Department Stores Bldg.Matls‐Whsle Misc. Vehicle Sales Heavy Industry
DESERT HOT SPRINGS ‐7.9% 1.2% 13.4%‐3.5% 2.4% 2.4%504,047 484,315 4.1%Service Stations Food Markets Miscellaneous Retail Drug Stores
EASTVALE 12.3% 12.9% 24.7% 7.3% 14.2% 3.1%10,020,750 8,934,200 12.2%Miscellaneous Retail Department Stores Light Industry Furniture/Appliance
HEMET ‐7.6% 2.4% 7.5% 3.4%‐11.9% 1.0%3,768,165 3,686,520 2.2%Service Stations Auto Sales ‐ New Light Industry Department Stores
INDIAN WELLS 160.0%‐14.8% 0.0% 84.1%‐87.4%‐54.2%148,133 138,940 6.6%Miscellaneous Retail Bldg.Matls‐Whsle Restaurants Light Industry
INDIO ‐8.7% 13.0% 4.4% 24.4% 58.0% 18.6%3,581,859 3,206,568 11.7%Bldg.Matls‐Retail Heavy Industry Furniture/Appliance Bldg.Matls‐Whsle
JURUPA VALLEY ‐8.2% 0.4% 6.5% 18.8% 12.7% 6.3%4,727,610 4,516,681 4.7%Service Stations Bldg.Matls‐Whsle Auto Parts/Repair Department Stores
LA QUINTA ‐3.7% 0.0% 0.3%‐0.6% 10.3%‐54.3%2,133,727 2,170,614 ‐1.7%Department Stores Service Stations Miscellaneous Retail Auto Sales ‐ New
LAKE ELSINORE ‐5.2% 0.3% 1.4% 16.4% 5.7%‐25.9%3,274,538 3,253,920 0.6%Bldg.Matls‐Whsle Service Stations Drug Stores Auto Sales ‐ New
MENIFEE ‐2.2% 9.5% 37.0%‐11.5% 46.6% 25.6%2,759,339 2,503,151 10.2%Service Stations Restaurants Bldg.Matls‐Retail Furniture/Appliance
MORENO VALLEY 8.1%‐5.9% 9.8% 20.4% 20.6%‐70.3%7,868,455 7,363,407 6.9%Miscellaneous Retail Service Stations Food Markets Apparel Stores
MURRIETA 14.0%‐7.7% 1.6% 11.7% 25.2% 30.0%5,731,629 5,392,701 6.3%Department Stores Bldg.Matls‐Whsle Food Markets Recreation Products
NORCO ‐0.8%‐7.4% 21.3% 12.6% 3.0%‐3.2%2,491,985 2,246,634 10.9%Auto Sales ‐ New Service Stations Food Markets Restaurants
PALM DESERT 2.2% 3.9%‐25.3% 16.8% 12.1% 30.8%4,440,393 4,385,374 1.3%Bldg.Matls‐Whsle Department Stores Auto Sales ‐ Used Drug Stores
PALM SPRINGS ‐5.4% 0.3% 22.0% 7.6%‐3.5%‐28.1%3,557,961 3,413,082 4.2%Auto Sales ‐ New Service Stations Leasing Drug Stores
PERRIS 49.9%‐5.7% 23.1% 8.4% 21.4%‐48.0%6,544,353 5,414,841 20.9%Miscellaneous Retail Bldg.Matls‐Whsle Food Markets Miscellaneous Other
RANCHO MIRAGE 0.4% 5.3% 10.4% 8.2%‐5.1% 4.8%1,357,614 1,295,086 4.8%Auto Sales ‐ New Restaurants Leasing Furniture/Appliance
RIVERSIDE 4.6%‐2.1% 6.2% 22.0% 10.7% 4.5%19,505,677 18,203,860 7.2%Bldg.Matls‐Whsle Service Stations Leasing Food Markets
SAN JACINTO ‐2.3% 15.9% 17.9% 4.0%‐21.7%‐69.8%1,031,033 961,757 7.2%Food Markets Service Stations Miscellaneous Retail Business Services
RIVERSIDE COUNTY
Non‐Confidential MuniServices / Avenu Insights & Analytics
ATTACHMENT 3
16
AGENDA ITEM 6C
Agenda Item 6C
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Michele Cisneros, Deputy Director of Finance
THROUGH: Sergio Vidal, Chief Financial Officer
SUBJECT: Quarterly Financial Statements
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Receive and file the Quarterly Financial Statements for the six months ended
December 31, 2022.
BACKGROUND INFORMATION:
During the first six months of the fiscal year, staff monitored the revenues and expenditures of
the Commission. The attached financial statements present the revenues and expenditures for
the first six months of the fiscal year (July 2022 through December 2022). Period closing
accrual adjustments are not included for revenues earned but not billed and expenditures
incurred for goods and services received not yet invoiced. Such adjustments are normally made
during the year-end closing process.
The operating statement shows the Measure A and Local Transportation Fund (LTF) sales tax
revenues for the second quarter at 34 percent of the budget. This is a result of Governmental
Accounting Standards Board (GASB) Statement No. 33, Accounting and Financial Reporting for
nonexchange Transactions. GASB Statement No. 33 requires sales tax revenues to be accrued
for the period in which they are collected at the point of destination or sale, as applicable. The
California Department of Tax and Fee Administration (CDTFA) collects the sales tax funds and
remits these funds to the Commission after the reporting period for the businesses. This
creates a two-month lag in the receipt of revenues by the Commission. Accordingly, these
financial statements reflect the revenues related to collections through October 2022.
On a cash basis, the Measure A and LTF sales tax receipts are 6.95 and 10.74 percent higher,
respectively, than the same period last fiscal year. State Transit Assistance, including State of
Good Repair for the second quarter of Fiscal Year 2022/23, are expected to be received in the
third quarter of FY 2022/23. Staff will continue to monitor the trends in the sales tax and
report to the Commission any necessary adjustments in revenue projections.
17
Agenda Item 6C
Federal, state, and local reimbursement revenues are generally on a reimbursement basis. The
Commission will receive these revenues as eligible project costs are incurred and invoiced to
the respective agencies. The negative revenue amounts for federal reimbursements reflect
reversal of the FY 2021/22 accrued revenues at the beginning of FY 2022/23 in excess of
amounts billed through the second quarter. Reimbursement invoices for expenditures for the
second quarter will be prepared and submitted in the third quarter.
During the FY 2022/23 budget process, the Commission estimated Transportation Uniform
Mitigation Fee (TUMF) revenues at $31 million past through from Western Riverside Council of
Governments. Through the second quarter of FY 2022/23, the Commission received TUMF
revenues through October 2022 of $13.2 million. The Commission expects to receive November
and December TUMF revenues in the third quarter.
The RCTC 91 Express Lanes and 15 Express Lanes toll revenues, penalties, and fees are at
$32.7 million and $16.6 million, respectively, totaling $49.3 million through the second quarter
of FY 2022/23. The operating statement shows toll revenues, penalties, and fees at 50 percent
of the budget. This reflects periodic toll rate changes made based on traffic volumes according
to the approved toll policy on the RCTC 91 Express Lanes. Staff will continue to monitor the toll
transactions and/or trips and non-toll revenues.
During the FY 2022/23 budget process, the Commission conservatively estimated investment
income at $1,168,400 due to interest rate volatility in the current market. The operating
statement shows investment income, which includes net unrealized investment gains and
losses at $4.8 million.
The expenditures/expenses and other financing sources/uses categories are in line overall with
the expectations of the budget with the following exceptions:
• Salaries and benefits are under budget primarily due to unfilled positions for an
Accounting Supervisor, IT Administrator, Senior Management Analysts, Management
Analyst, and two Senior Capital Projects Manager;
• Professional services are under budget primarily due to unused budget authority for
general legal services; financial advisory services; rail operations and development
activities; and highway, commuter assistance, and specialized transportation other
professional services;
• Support costs are under budget due to unused budget authority for rail station
maintenance, repairs, and utilities; express lanes operations and maintenance; call box
maintenance and repairs; and software and computer maintenance and repairs;
• Program operations are under budget due to unused budget authority for rail station
security; toll operations; motorist and commuter assistance program operations; and
highway and rail program management;
• The status of significant Commission capital projects (engineering, construction, design-
build, and right of way/land) with budget amounts exceeding $5 million is discussed
within Attachment 1;
18
Agenda Item 6C
• Operating and capital disbursements are made as claims are submitted to the
Commission by transit operators;
• Special studies unused budget authority is related to feasibility studies;
• Local street and roads expenditures are related to Measure A sales tax revenues. These
financial statements reflect the turnback payments through October 2022;
• Regional arterial expenditures represent expenditures for the highway and regional
arterial program administered by the Coachella Valley Association of Governments
(CVAG). CVAG requests reimbursements from the Commission based on available funds
and sufficient budget authority;
• Debt service principal payments are made annually on June 1, while debt service
interest payments are made semiannually on December 1 and June 1. In accordance
with the applicable accounting standards related to the Enterprise funds, both the RCTC
91 and 15 Express Lanes Enterprise funds record accrued and compounded interest on
its related debt such as the RCTC 91 Express Lanes 2021 Toll Refunding Bonds and
2013 Toll Revenue Bonds, Series B capital appreciation bonds for the 91 Project as well
as the Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the
15 Express Lanes project. Therefore, $1.5 million of the $7.1 million interest cost
through the second quarter will not be paid in the current year for the RCTC 91 and
15 Express Lanes Enterprise funds and therefore, not included in the FY 2022/23 budget;
• Capital outlay expenditures are under budget due to unused budget authority for office
and property improvements for station rehabilitation, toll operations equipment, and
Commission office, network, hardware, and software improvements;
• Depreciation is recorded as part of the accrual adjustments in the RCTC 91 and
15 Express Lanes Enterprise funds accounting records; however, depreciation is
considered a non-cash transaction and not included in the FY 2022/23 budget; and
• Transfers in and out include the second quarter administrative cost allocation process,
Measure A Sales Tax Bonds debt funding, and LTF disbursements for planning and
programming activities.
FISCAL IMPACT:
This is an information item. There is no fiscal impact.
Attachments:
1) Quarterly Project Status – December 2022
2) Quarterly Financial Statements – December 2022
19
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY PROJECT STATUS
2nd QUARTER
FOR SIX MONTHS ENDED 12/31/2022
Project Description
FY 2022/23
through 2nd
Quarter
Budget
Expenditures
through 2nd
Quarter
Actuals
Project Status
91 Project (P003028)
The project connects with Orange County Transportation Authority’s
tolled express lanes at the Orange County/Riverside County line and
continues approximately eight miles to the Interstate (I)-15/State
Route (SR)-91 interchange. The project involves widening
pavement on the outside of the existing highway to reposition
general purpose lanes and repurposing the existing high occupancy
vehicle lanes to accommodate two-tolled express lanes in the
median in each direction. The 91 Project also involves constructing
one new general-purpose lane in each direction from SR-71 to I-15,
ultimately providing two-tolled express lanes and five general
purpose lanes in each direction. 91 Project development activities
began in September 2007, construction work related to roadway and
structures began in July 2014, and the toll lanes opened in March
2017. The total cost of the 91 Project is estimated at $1.4 billion,
including capitalized interest, debt service reserves, contingency,
and cost of issuance. The FY 2022/23 budget amount is
$15,359,000.
$404,300 <$1,665,961> The under run of the FY 2022/23 budget at the second
quarter is due to an accrual reversal for the Army Corps of
Engineering Reach 9 project ($1.7 million).
91 Express Lanes (P009103 & P009104)
These projects provide repair and rehabilitation of SR-91 general
purpose and express lanes, as well as the implementation of a new
back-office system. The FY2022/23 budget amount is
$13,741,600.
6,360,800 8,200,174 The over run of the FY 2022/23 budget at the second quarter
is due higher than anticipated expended costs for Phase 2
corridor improvements ($1.3 million) and associated project
construction management ($0.4 million).
I-15 Express Lanes Southern Extension (P003044)
The project will add express lanes between SR-74 and Cajalco
Road. The estimated project cost is $544 million with the Project
Approval and Environmental Document (PA/ED) phase of work
funded by federal Congestion Mitigation and Air Quality (CMAQ)
funds and Measure A. The FY 2022/23 budget amount is
$5,121,300.
2,335,700 940,143 The under run of the FY 2022/23 budget at the second
quarter is due to lower than anticipated expended costs for
the preliminary engineering and environmental document
contract ($1.4 million).
ATTACHMENT 1
20
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY PROJECT STATUS
2nd QUARTER
FOR SIX MONTHS ENDED 12/31/2022
Project Description
FY 2022/23
through 2nd
Quarter
Budget
Expenditures
through 2nd
Quarter
Actuals
Project Status
15/91 Express Lanes Connector (P003039)
The 15/91 Express Lane Connector (ELC) project constructs an
express lanes median direct connector from southbound I-15 to
westbound SR-91 and from eastbound SR-91 to northbound I-15 in
the city of Corona. The project also adds tolled express lanes in each
direction of I-15 from the 15/91 ELC to Hidden Valley Parkway; adds
a tolled express lane in each direction of SR-91 from east of Lincoln
Avenue to the 15/91 ELC; extends the tolled express lane along
eastbound SR-91 from I-15 to west of Promenade Avenue; and
extends an eastbound auxiliary lane along SR-91 from west of I-15
to west of Promenade Avenue. The project also includes the addition
of a toll collection system infrastructure along I-15 and SR-91. The
estimated project cost is $270 million and the project is partially
funded by state funds allocated under Senate Bill (SB) 132
legislation. The connector is expected to open to traffic in 2023. The
FY 2022/23 budget amount is $82,288,300.
38,782,600 20,264,279 The under run of the FY 2022/23 budget at the second
quarter is due to delayed invoicing from the design builder
($14.5 million), the toll services contractor ($1.7 million), and
lower than anticipated expended costs from the project
construction management contract ($1.1 million) and
Caltrans ($0.9 million).
Mid County Parkway (MCP) (P002302, P002317, P002320,
P002324, & P002328)
The environmental document for a new corridor from I-215 to SR-79
was approved in April 2015. The first design package is under
construction. Construction of this new facility will be completed over
many years as funding becomes available; the total project cost is
estimated at $1.3 to $2.1 billion. The FY 2022/23 budget amount
is $37,453,600.
$10,975,538 $7,937,233 The under run of the FY 2022/23 budget at the second
quarter is primarily due to the following for each project:
• MCP: An under run in right of way (ROW) acquisition and
ROW support is due to accrual reversals not yet offset by
invoices ($0.1 million).
• MCP I-215/Placentia Interchange: The under run is due
to construction management ($0.4 million).
• MCP Mitigation: The first year of plant establishment was
completed at the beginning of the third quarter in FY
2020/21 and the under run in the second quarter of FY
2022/23 was due to mitigation property monitoring ($1.4
million).
• MCP2 and MCP3: The Commission approved the shift
from MCP2 to MCP3 at the May 2022 Commission
meeting. The underrun was due to combined ROW
support services ($0.8 million).
21
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY PROJECT STATUS
2nd QUARTER
FOR SIX MONTHS ENDED 12/31/2022
Project Description
FY 2022/23
through 2nd
Quarter
Budget
Expenditures
through 2nd
Quarter
Actuals
Project Status
71/91 Connector Project (P003021)
The project includes ROW acquisition, utility relocation, and
environmental revalidation work for improvements to the 71/91
connector. The estimated project cost is $118 million. The FY
2022/23 budget amount is $49,625,200.
$4,510,100 $2,108,364 The under run of the FY 2022/23 budget at the second
quarter is due to pre-construction management services
($1.9 million), less than anticipated expended costs for
construction support ($0.5 million)
Smart Freeways (P003051)
The project includes environmental clearance, design, and
commence construction of a pilot project to install a smart freeway
system on northbound I-15 in the city of Temecula. The FY 2022/23
budget amount is $12,533,000.
$1,174,000 $212,357 The under run of the FY 2022/23 budget at the second
quarter is due to delayed billings from the contractor for final
design ($0.6 million) and program management ($0.2
million).
Moreno Valley-March Field station upgrade (P004026)
The project will remove and replace approximately 2.5 miles of
existing rail and wood ties with new rail and concrete ties, remove /
replace / regrade track ballast, improve track drainage, install new
track signals and Positive Train Control system, connect to existing
signals and communication systems, build a new second passenger
loading platform, extend the existing passenger loading platform to
current Metrolink station standards, and perform other
improvements necessary to bring the tracks into compliance with
Metrolink standards. The FY 2022/23 budget amount is
$15,485,100.
$3,543,800 $1,652,188 The under run of the FY 2022/23 budget at the second
quarter is due to construction management and construction
support ($1.1 million) and accrual reversals not yet offset by
invoices for final design ($0.1 million).
This list discusses the significant capital projects (i.e., total budgeted costs in excess of $5 million) and related status. Capital project expenditures are generally affected
by lags in invoices submitted by contractors and consultants, as well as issues encountered during certain phases of the projects. The capital projects budgets tend to be
based on aggressive project schedules.
22
Revenues
Sales tax 455,964,600$ 153,201,225$ 302,763,375$ 34%
Federal reimbursements 83,605,900 (2,641,607) 86,247,507 -3%
State reimbursements 148,621,900 40,316,065 108,305,835 27%
Local reimbursements 17,032,700 4,204,984 12,827,716 25%
Transportation Uniform Mitigation Fee 31,000,000 13,219,936 17,780,064 43%
Tolls, penalties, and fees 97,771,800 49,353,718 48,418,082 50%
Other revenues 707,000 1,074,090 (367,090)152%
Investment income 1,168,400 4,840,133 (3,671,733)414%
Total revenues 835,872,300 263,568,544 572,303,756 32%
Expenditures/Expenses
Salaries and benefits 17,367,100 6,407,482 10,959,618 37%
Professional and support
Professional services 18,463,900 4,831,566 13,632,334 26%
Support costs 18,140,700 6,826,789 11,313,911 38%
Total Professional and support costs 36,604,600 11,658,355 24,946,245 32%
Projects and operations
Program operations 40,542,300 10,143,877 30,398,423 25%
Engineering 28,494,200 2,034,771 26,459,429 7%
Construction 234,065,800 52,427,712 181,638,088 22%
Design Build 74,086,800 21,690,741 52,396,059 29%
Right of way/land 57,660,800 447,800 57,213,000 1%
Operating and capital disbursements 210,651,900 88,582,713 122,069,187 42%
Special studies 2,185,200 314,475 1,870,725 14%
Local streets and roads 83,029,900 28,155,036 54,874,864 34%
Regional arterials 31,779,000 2,314,619 29,464,381 7%
Total projects and operations 762,495,900 206,111,744 556,384,156 27%
Debt service
Principal 31,405,000 - 31,405,000 N/A
Interest 60,351,300 26,201,818 34,149,482 43%
Total debt service 91,756,300 26,201,818 65,554,482 29%
Capital outlay 6,362,900 900,853 5,462,047 14%
Depreciation - 4,723,489 (4,723,489) N/A
Total Expenditures/Expenses 914,586,800 256,003,741 658,583,059 28%
Excess revenues over (under) expenditures/expenses (78,714,500) 7,564,803 (86,279,303) -10%
Other financing sources/(uses)
Transfer in 247,462,200 44,923,070 202,539,130 18%
Transfer out (247,462,200) (44,923,070) (202,539,130)18%
Total financing sources/(uses)- - - N/A
Net change in fund balances (78,714,500) 7,564,803 86,279,303 -10%
Fund balance July 1, 2022 1,278,326,000 1,063,776,100 (214,549,900) 83%
Fund balance December 31, 2022 1,199,611,500$ 1,071,340,903$ (128,270,597)$ 89%
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY BUDGET TO ACTUAL
FY 2022/23
BUDGET
2ND QUARTER
ACTUAL
PERCENT
UTILIZATION
REMAINING
BALANCE
FOR SIX MONTHS ENDED 12/31/2022
2ND QUARTER
ATTACHMENT 2
23
STATE OF GOOD
REPAIR
OTHER AGENCY
PROJECTS
REGIONAL
CONSERVATION SB132
Revenues
Sales tax -$ -$ 74,782,258$ 18,050,588$ 382,504$ 50,641,073$ 7,927,927$ 1,416,875$ -$ -$ -$ -$ -$
Federal reimbursements (3,176,220) - (871,453) - - - - - - - - - -
State reimbursements 1,692,729 1,145,094 51,868 - - - - (4,112) 95,096 - - - 37,335,390
Local reimbursements - 17,381 316,270 - - - - - - - 350,416 3,520,917 -
Transportation Uniform Mitigation Fee - - - - - - - - 13,219,936 - - - -
Tolls, penalties, and fees - - - - - - - - - - - - -
Other revenues 1,073 - 849,427 - - - - - 10,500 - - - 163,200
Investment income 110,596 36,279 1,007,037 256,970 - 832,783 355,661 35,061 349,801 7,258 2,016 3,069 65,163
Total revenues (1,371,822) 1,198,754 76,135,407 18,307,558 382,504 51,473,856 8,283,588 1,447,824 13,675,333 7,258 352,432 3,523,986 37,563,753
Expenditures/Expenses
Salaries and benefits 2,872,041 83,399 1,219,462 225 - - - - 72,596 25,418 44,075 1,209,608 124,882
Professional and support
Professional services 1,344,170 60,575 1,391,384 3,727 - - 7,230 43,700 91,616 90,555 1,941 1,070,724 15,911
Support costs 1,705,142 34,575 1,837,809 - - - - - 22,196 4,345 - 226,171 2,124
Total Professional and support costs 3,049,312 95,150 3,229,193 3,727 - - 7,230 43,700 113,812 94,900 1,941 1,296,895 18,035
Projects and operations
Program operations 9,349 1,392,345 4,464,927 - - - - - 114,311 - 92,323 216,955 285,115
Engineering - - 1,318,655 - - - - - 53,184 - 407,553 - 255,379
Construction - - 7,173,882 - - - - - 680,484 - - - 38,292,514
Design Build - - (46,820) - - - - - - - - - 19,207,612
Right of way/land - - 2,060,045 - - - - - (1,328) - 20,999 290,697 (1,922,613)
Operating and capital disbursements 18,996,558 - 2,678,666 5,450,000 - 57,519,643 3,261,426 676,420 - - - - -
Special studies 236,264 - 78,211 - - - - - - - - - -
Local streets and roads - - 21,524,726 6,253,506 376,804 - - - - - - - -
Regional arterials - - - 2,314,619 - - - - - - - - -
Total projects and operations 19,242,171 1,392,345 39,252,292 14,018,125 376,804 57,519,643 3,261,426 676,420 846,651 - 520,875 507,652 56,118,007
Debt service
Principal - - - - - - - - - - - - -
Interest - - - - - - - - - - - - -
Total debt service - - - - - - - - - - - - -
Capital outlay 432,442 - 468,411 - - - - - - - - - -
Depreciation - - - - - - - - - - - - -
Total Expenditures/Expenses 25,595,966 1,570,894 44,169,358 14,022,077 376,804 57,519,643 3,268,656 720,120 1,033,059 120,318 566,891 3,014,155 56,260,924
Excess revenues over (under) (26,967,788) (372,140) 31,966,049 4,285,481 5,700 (6,045,787) 5,014,932 727,704 12,642,274 (113,060) (214,459) 509,831 (18,697,171)
Other financing sources/(uses)
Transfer in 8,562,200 - 1,406,066 - - - - - - - - - -
Transfer out (420,200) (117,400) (36,785,180) (274,500) (19,700) (4,012,900) (66,400) (44,600) (74,700) (12,100) - (517,800) -
Total financing sources/(uses)8,142,000 (117,400) (35,379,114) (274,500) (19,700) (4,012,900) (66,400) (44,600) (74,700) (12,100) - (517,800) -
Net change in fund balances (18,825,788) (489,540) (3,413,065) 4,010,981 (14,000) (10,058,687) 4,948,532 683,104 12,567,574 (125,160) (214,459) (7,969) (18,697,171)
Fund balance July 1, 2022 35,788,510 12,427,443 379,440,191 84,343,540 - 276,854,895 131,655,414 11,274,447 119,352,193 2,200,344 11,696 (3,933) (385,823)
Fund balance December 31, 2022 16,962,722$ 11,937,903$ 376,027,126$ 88,354,521$ (14,000)$ 266,796,208$ 136,603,946$ 11,957,551$ 131,919,767$ 2,075,184$ (202,763)$ (11,902)$ (19,082,994)$
FSP/
SAFE
MEASURE A SALES TAX
TRANSPORTATION
UNIFORM MITIGATION FEE
(TUMF)
GENERAL FUND WESTERN COUNTY COACHELLA
VALLEY
STATE TRANSIT
ASSISTANCE
LOCAL TRANSPORTATION
FUND
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY BUDGET TO ACTUAL BY FUND
2ND QUARTER
FOR SIX MONTHS ENDED 12/31/2022
TRANSPORTATION DEVELOPMENT ACT
SPECIAL REVENUE FUNDS
PALO VERDE
VALLEY
COACHELLA
VALLEY RAIL
24
Revenues
Sales tax
Federal reimbursements
State reimbursements
Local reimbursements
Transportation Uniform Mitigation Fee
Tolls, penalties, and fees
Other revenues
Investment income
Total revenues
Expenditures/Expenses
Salaries and benefits
Professional and support
Professional services
Support costs
Total Professional and support costs
Projects and operations
Program operations
Engineering
Construction
Design Build
Right of way/land
Operating and capital disbursements
Special studies
Local streets and roads
Regional arterials
Total projects and operations
Debt service
Principal
Interest
Total debt service
Capital outlay
Depreciation
Total Expenditures/Expenses
Excess revenues over (under)
Other financing sources/(uses)
Transfer in
Transfer out
Total financing sources/(uses)
Net change in fund balances
Fund balance July 1, 2022
Fund balance December 31, 2022
15 EXPRESS LANES 91 EXPRESS LANES
-$ -$ -$ -$ -$ 153,201,225$
- - - - 1,406,066 (2,641,607)
- - - - - 40,316,065
- - - - - 4,204,984
- - - - - 13,219,936
16,642,948 32,710,770 - - - 49,353,718
49,890 - - - - 1,074,090
285,346 544,920 451,501 296,114 200,558 4,840,133
16,978,184 33,255,690 451,501 296,114 1,606,624 263,568,544
249,935 505,841 - - - 6,407,482
269,190 440,843 - - - 4,831,566
1,371,459 1,622,968 - - - 6,826,789
1,640,649 2,063,811 - - - 11,658,355
2,386,510 1,182,042 - - - 10,143,877
- - - - - 2,034,771
- 6,280,832 - - - 52,427,712
- 2,529,949 - - - 21,690,741
- - - - - 447,800
- - - - - 88,582,713
- - - - - 314,475
- - - - - 28,155,036
- - - - - 2,314,619
2,386,510 9,992,823 - - - 206,111,744
- - - - - -
947,939 6,178,735 - - 19,075,144 26,201,818
947,939 6,178,735 - - 19,075,144 26,201,818
- - - - - 900,853
3,178,382 1,545,107 - - - 4,723,489
8,403,415 20,286,317 - - 19,075,144 256,003,741
8,574,769 12,969,373 451,501 296,114 (17,468,520) 7,564,803
177,117 43 - - 34,777,644 44,923,070
(188,843) (981,700) - (981) (1,406,066) (44,923,070)
(11,726) (981,657) - (981) 33,371,578 -
8,563,043 11,987,716 451,501 295,133 15,903,058 7,564,803
249,642,077 (290,512,183) 15,043,286 25,576,707 11,067,296 1,063,776,100
258,205,120$ (278,524,467)$ 15,494,787$ 25,871,840$ 26,970,354$ 1,071,340,903$
COMBINED TOTALDEBT SERVICE
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY BUDGET TO ACTUAL BY FUND
2ND QUARTER
FOR SIX MONTHS ENDED 12/31/2022
ENTERPRISE FUND
COMMERCIAL PAPER SALES TAX
BONDS
CAPITAL PROJECTS FUNDS
25
AGENDA ITEM 6D
Agenda Item 6D
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Megan Kavand, Senior Financial Analyst
THROUGH: Sergio Vidal, Chief Financial Officer
SUBJECT: Monthly Investment Report
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Receive and file the Monthly Investment Report for the month ended January 31, 2023.
BACKGROUND INFORMATION:
The Commission’s 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.
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 (I-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 I-15 ELP in separate accounts of the Short-Term Actively Managed Program (STAMP).
The Commission completed the 91 Project financing in 2013, the I-15 ELP and 91 Project
completion financing (2017 Financing) in July 2017 and the 2021 91 Project refinancing
(2021 Financing) in October 2021. Consistent with financing expectations, the Commission
expended all 91 Project debt proceeds and equity contributions, except for the toll revenue
bonds debt service reserve, and after commencement of operations, established other required
accounts. The Commission continues to expend the 2017 Financing bond proceeds on the I-15
ELP and funded required reserve accounts.
The monthly investment report as of January 31, 2023, as required by state law and Commission
policy, reflects the investment activities resulting from the 91 Project, 2017 Financing,
26
Agenda Item 6D
2021 Financing and available operating cash. As of January 31, 2023, the Commission’s cash and
investments were comprised of the following:
CASH AND INVESTMENTS PORTFOLIO AMOUNTS 1
Operating $ 810,817,597
Trust 274,512,916
Commission-managed 161,064,639
STAMP for 91 CIP 57,355,814
STAMP for 2017 Financing 30,760,859
Total $ 1,334,511,825
Note: 1 Unreconciled and unaudited
The monthly investment report includes the following information:
• Investment Portfolio Report;
• 91 CIP STAMP Portfolio Statements;
• 2017 Financing STAMP Portfolio Statements;
• Payden & Rygel Operating Portfolio Statement.
As of January 31, 2023, the Commission’s cash, and investments adhere to both the Commission’s
investment policy adopted on December 14, 2022, and permitted investments described in 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.
FISCAL IMPACT:
This is an information item. There is no fiscal impact.
Attachments:
1) Investment Portfolio Report
2) 91 CIP STAMP Portfolio Statements
3) 2017 Financing STAMP Portfolio Statements
4) Payden & Rygel Operating Portfolio Statement
27
Riverside County Transportation Commission
Investment Portfolio Report
Period Ended: January 31, 2023
STATEMENT
BALANCE 1
FINANCIAL
INSTUTION STATEMENTS
RATING
MOODYS /
S&P
COUPON
RATE
PAR
VALUE
PURCHASE
DATE
MATURITY
DATE
YIELD TO
MATURITY
PURCHASE
COST
MARKET
VALUE
UNREALIZED
GAIN (LOSS)
OPERATING FUNDS
City National Bank Deposits 12,595,514 City National Bank Available upon request A3/BBB+N/A N/A
County Treasurer's Pooled Investment Fund 798,222,083 County Treasurer Available upon request
Subtotal Operating Funds 810,817,597
FUNDS HELD IN TRUST
County Treasurer's Pooled Investment Fund:
Local Transportation Fund 274,512,916 County Treasurer Available upon request
Subtotal Funds Held in Trust 274,512,916
COMMISSION MANAGED PORTFOLIO
US Bank Payden & Rygel Operating 54,265,231 US Bank Attached
First American Government Obligation Fund 106,799,408 US Bank Available upon request N/A N/A N/A
Subtotal Commission Managed Portfolio 161,064,639
STAMP PORTFOLIO for 91 CIP
2013 Series A & Series B Reserve Fund 12,516,959 US Bank Attached
2021 Series B Reserve Fund 37,302,242 US Bank Attached
2021 Series C Reserve Fund 7,536,614 US Bank Attached
Subtotal STAMP Portfolio - 91 CIP 57,355,814
STAMP PORTFOLIO for 2017 Financing
Sales Tax I15 ELP Project Revenue Fund 15,382,495 US Bank Attached
Ramp Up Fund 15,378,364 US Bank Attached
Subtotal STAMP Portfolio - 2017 Financing 30,760,859
TOTAL All Cash and Investments 1,334,511,825$
Notes:
1 Unreconciled and unaudited
Available upon request
Available upon request
See attached statements for details
See attached statements for details
See attached statements for details
See attached statements for details
See attached statements for details
See attached statements for details
$-
$100,000,000
$200,000,000
$300,000,000
$400,000,000
$500,000,000
$600,000,000
$700,000,000
$800,000,000
$900,000,000
STAMP Portfolio for 91 CIP Reserve - 0.94%
STAMP Portfolio for 91 CIP Residual Fund - 2.8%
STAMP Portfolio for 91 CIP TIFIA Reserve Fund - 0.56%
STAMP Portfolio for 2017 Financing I15 ELP Project Revenue Fund
- 1.15%
STAMP Portfolio for 2017 Financing Ramp Up Fund - 1.15%
Commission Managed Portfolio - 12.07%
Trust Funds - 20.57%
Operating Funds - 60.76%
Nature of Investments Mutual Funds,
8.00%
County
Pool/Cash,
81.33%
Fixed Income ,
10.67%
ATTACHMENT 1
28
271,433.330 First American Government 271,433.33 271,433.33 0.7 10,408.03
Oblig Fd Cl Y 1.0000 1.00 3.83
31846V203
300,000.000 Potomac Electric Pwr C P 300,000.00 299,962.08 0.8 13,840.80
02/01/2023 100.0000 99.99 4.61
43,712.350 F H L M C Multiclass Mtg Partn 43,561.54 43,731.46 0.1 1,444.40
C M O Ser K029 Cl A2 99.6550 100.04 3.32
3137B36J2
Standard & Poors Rating: N/A
Moodys Rating: N/A
13,458.910 F H L M C Multiclass Mtg Partn 13,399.15 13,564.06 0.0 323.82
C M O Ser K722 Cl A2 99.5560 100.78 2.42
3137BQBZ9
Standard & Poors Rating: AAA
Moodys Rating: N/A
37,582.370 F N M A Partn Cert 37,317.79 37,570.63 0.1 953.09
Pool #Bm1757 99.2960 99.97 2.55
3140J55T2
Standard & Poors Rating: N/A
Moodys Rating: N/A
52,595.750 F H L M C Multiclass Mtg Partn 52,378.00 52,866.95 0.1 1,709.36
C M O Ser K030 Cl A2 99.5860 100.52 3.26
3137B3NA2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
196,498.640 F H L M C Multiclass Mtg Partn 194,796.96 194,257.33 0.5 6,794.92
C M O Ser K035 Cl A2 99.1340 98.86 3.49
3137B5KW2
Standard & Poors Rating: N/A
Moodys Rating: N/A
#3763
73768BP16
3.320 02/25/2023
2.406 03/25/2023
2.493 04/01/2023
04/25/2023 Var
08/25/2023 Var
1.5 $24,248.83 $571,433.33 $571,395.41
00- -M -PF-PC -032-01 00251901 2519
Page 3 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Cash Equivalents
Total Cash Equivalents
US Government Issues
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23
STAMP Portfolio for 91CIP - 2021 Series B Reserve Fund
ATTACHMENT 2
29
1010101010101010101010110101011110011011101001110010100000001001000110010001111111010100011001001110100111001100000000011000101100010010110010010001110111010101110001000011010111001101011000101111010110000000111110001000101010001000110010111000001100010101110010100000010100011011100010001010110001001001110000101010111110110011100100101000110101001100010111011000101110001010101011111111111111111111
112,121.430 F N M A Partn Cert 109,905.91 111,000.21 0.3 2,410.61
Pool #An1746 98.0240 99.00 2.19
3138LD5G4
Standard & Poors Rating: N/A
Moodys Rating: N/A
4,125,000.000 U S Treasury Note 4,125,742.50 4,126,117.50 11.0 13,406.25
10/31/2023 Var 100.0180 100.03 .32
Standard & Poors Rating: N/A
Moodys Rating: Aaa
375,295.240 F H L M C Multiclass Mtg Partn 367,004.97 374,606.24 1.0 10,902.33
C M O Ser K726 Cl A2 97.7910 99.82 2.97
3137BYPQ7
Standard & Poors Rating: AAA
Moodys Rating: N/A
1,525,000.000 U S Treasury Note 1,438,380.00 1,454,849.61 3.9 3,812.50
0.250 06/15/2024 94.3200 95.40 .26
Standard & Poors Rating: N/A
Moodys Rating: Aaa
52,552.000 F N M A Gtd R E M I C Pass Thru 51,031.67 52,322.09 0.1 1,630.69
C M O Ser 2014 M9 Cl A2 97.1070 99.56 3.19
3136AKXV0
Standard & Poors Rating: N/A
Moodys Rating: N/A
59,476.930 F N M A Gtd R E M I C Pass Thru 57,914.47 59,302.69 0.2 1,796.80
C M O Ser 2014 M13 Cl A2 97.3730 99.71 3.10
3136ALYF2
Standard & Poors Rating: N/A
Moodys Rating: N/A
74,604.710 F H L M C Multiclass Mtg Partn 72,427.00 72,180.06 0.2 2,178.46
C M O Ser Kbx1 Cl A1 97.0810 96.75 3.01
3137F4CY6
Standard & Poors Rating: N/A
Moodys Rating: N/A
205,000.000 F H L M C M T N 202,191.50 205,000.00 0.5 8,200.00
4.000 12/30/2024 98.6300 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
2.150 09/01/2023
91282CDE8
2.905 04/25/2024
91282CCG4
07/25/2024 Var
3.021 08/25/2024
2.920 09/25/2024
3134GXA61
00- -M -PF-PC -032-01 00251901 2519
Page 4 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
30
1,250,000.000 U S Treasury Note 1,193,700.00 1,181,347.66 3.2 21,875.00
1.750 12/31/2024 95.4960 94.51 1.83
Standard & Poors Rating: N/A
Moodys Rating: N/A
102,195.070 F H L M C Multiclass Mtg Partn 99,929.41 101,843.78 0.3 2,863.51
C M O Ser K050 Cl A1 97.7830 99.66 2.87
3137BLW87
Standard & Poors Rating: N/A
Moodys Rating: N/A
560,000.000 F H L M C 560,212.80 560,000.00 1.5 28,700.00
5.125 01/27/2025 100.0380 100.00 5.12
Standard & Poors Rating: AA+
Moodys Rating: Aaa
345,197.550 F H L M C Multiclass Mtg Partn 339,505.24 347,557.30 0.9 12,427.11
C M O Ser K731 Cl A2 98.3510 100.68 3.66
3137F4WZ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
410,000.000 Federal Home Loan Bks 392,214.20 410,000.00 1.1 9,020.00
2.200 02/28/2025 95.6620 100.00 2.30
Standard & Poors Rating: AA+
Moodys Rating: Aaa
98,955.880 F H L M C Multiclass Mtg Partn 96,356.31 98,032.04 0.3 2,856.86
C M O Ser K 051 Cl A 1 97.3730 99.07 2.96
3137BM7B6
Standard & Poors Rating: N/A
Moodys Rating: N/A
1,250,000.000 U S Treasury Note 1,197,075.00 1,273,691.74 3.2 26,562.50
2.125 05/15/2025 95.7660 101.90 2.22
Standard & Poors Rating: N/A
Moodys Rating: Aaa
475,000.000 F H L M C Multiclass Mtg Partn 463,509.75 464,007.62 1.2 15,812.75
C M O Ser K047 Cl A2 97.5810 97.69 3.41
3137BKRJ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
912828YY0
2.802 01/25/2025
3134GYFG2
02/25/2025 Var
3130AR2C4
2.887 04/25/2025
912828XB1
3.329 05/25/2025
00- -M -PF-PC -032-01 00251901 2519
Page 5 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
31
1010101010101010101010110101011101011011101001110010100000001001000110010001011111010100011001011110100111001000010000011000101100010010000010010001110001000111110001000011010100101101011001010111110110000000110000110000101010000000110000111000001110010000000010100110111111001111100010101111110000001001011001110101111110111110011001100010110100010101110001011000100100001001001011111111111111111111
215,000.000 F H L M C Multiclass Mtg Partn 209,577.70 210,364.06 0.6 7,060.60
C M O Ser K048 Cl A2 97.4780 97.84 3.37
3137BLAC2
Standard & Poors Rating: N/A
Moodys Rating: N/A
170,000.000 F H L M C Multiclass Mtg Partn 167,283.40 167,562.89 0.5 6,375.00
C M O Ser K733 Cl A2 98.4020 98.57 3.81
3137FJXQ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
175,000.000 F H L M C Multiclass Mtg Partn 169,471.75 168,546.88 0.5 5,267.50
C M O Ser K049 Cl A2 96.8410 96.31 3.11
3137BLMZ8
Standard & Poors Rating: N/A
Moodys Rating: N/A
375,000.000 F H L M C Multiclass Mtg Partn 365,396.25 370,250.00 1.0 12,405.15
C M O Ser 1484 Cl J 97.4390 98.73 3.39
3137BM7C4
Standard & Poors Rating: N/A
Moodys Rating: N/A
300,000.000 F H L M C Multiclass Mtg Partn 291,120.00 298,675.78 0.8 9,453.00
C M O Ser K052 Cl A2 97.0400 99.56 3.25
3137BMTX4
Standard & Poors Rating: N/A
Moodys Rating: N/A
350,000.000 F N M A Partn Cert 341,582.50 352,802.73 0.9 12,110.00
Pool #Bl1359 97.5950 100.80 3.54
3140HSQM6
Standard & Poors Rating: N/A
Moodys Rating: N/A
375,000.000 F H L M C Multiclass Mtg Partn 361,721.25 372,128.91 1.0 10,950.00
C M O Ser Kbx1 Cl A2 96.4590 99.23 3.03
3137F4CZ3
Standard & Poors Rating: N/A
Moodys Rating: N/A
87,468.830 F N M A Partn Cert 84,721.43 86,758.14 0.2 2,729.03
Pool #An0992 96.8590 99.19 3.22
3138LDC68
Standard & Poors Rating: N/A
Moodys Rating: N/A
06/25/2025 Var
08/25/2025 Var
3.010 08/25/2025
3.308 09/25/2025
3.151 11/25/2025
3.460 01/01/2026
2.920 01/25/2026
3.120 02/01/2026
00- -M -PF-PC -032-01 00251901 2519
Page 6 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
32
404,681.340 F N M A Gtd R E M I C Pass Thru 385,297.10 397,156.80 1.0 10,934.49
C M O Ser 2016 M3 Cl A2 95.2100 98.14 2.84
3136ARTE8
Standard & Poors Rating: N/A
Moodys Rating: N/A
369,689.940 F N M A Partn Cert 351,087.14 361,054.21 0.9 9,427.09
Pool #An1613 94.9680 97.66 2.68
3138LDYK3
Standard & Poors Rating: N/A
Moodys Rating: N/A
22,873.840 F H L M C Multiclass Mtg Partn 22,375.88 23,252.14 0.1 457.48
C M O Ser 4272 Cl Yg 97.8230 101.65 2.04
3137B6DF5
Standard & Poors Rating: N/A
Moodys Rating: N/A
500,000.000 F H L M C Multiclass Mtg Partn 487,580.00 501,484.38 1.3 17,065.00
C M O Ser K062 Cl A2 97.5160 100.30 3.50
3137BUX60
Standard & Poors Rating: N/A
Moodys Rating: N/A
390,275.860 F N M A Gtd R E M I C Pass Thru 365,696.29 375,106.95 1.0 9,963.74
C M O Ser 2017 M4 Cl A2 93.7020 96.11 2.72
3136AVY52
Standard & Poors Rating: N/A
Moodys Rating: N/A
200,000.000 F H L M C Multiclass Mtg Partn 195,082.00 201,195.31 0.5 6,860.00
C M O Ser K063 Cl A2 97.5410 100.60 3.52
3137BVZ82
Standard & Poors Rating: N/A
Moodys Rating: N/A
94,180.820 F N M A Partn Cert 87,556.14 86,440.33 0.2 1,987.22
Pool #Bl5365 92.9660 91.78 2.27
3140HW6B3
Standard & Poors Rating: N/A
Moodys Rating: N/A
63,257.520 G N M A Pass Thru Cert 61,400.28 65,165.74 0.2 1,897.73
Pool #778953 97.0640 103.02 3.09
36176XE21
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.702 02/25/2026
2.550 07/01/2026
2.000 11/15/2026
3.413 12/25/2026
12/25/2026 Var
01/25/2027 Var
2.110 02/01/2027
3.000 03/15/2027
00- -M -PF-PC -032-01 00251901 2519
Page 7 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
33
1010101010101010101010110101011100011011101001110010100000001001000110010000111111010100011001000010100111000100000011011000101100010101010010010001110000110111110001000010111011101101011001111011110110000000100110000000101010010001011010111000001010101000110010100110011101001111100010100001100110001001111000110101001110101100100110000010110011011101100001011000101110001001101011111111111111111111
100,000.000 F H L M C Multiclass Mtg Partn 96,278.00 96,703.13 0.3 3,291.00
C M O Ser S8Fx Cl A2 96.2780 96.70 3.42
3137BXRT1
Standard & Poors Rating: N/A
Moodys Rating: N/A
47,106.700 F H L M C Multiclass Mtg Partn 44,650.09 47,780.75 0.1 706.60
C M O Ser 4039 Cl Qb 94.7850 101.43 1.58
3137AQQE1
Standard & Poors Rating: N/A
Moodys Rating: N/A
34,377.640 G N M A Gtd R E M I C Pass Thru 32,393.02 32,637.90 0.1 515.66
C M O Ser 2012 96 Cl Ad 94.2270 94.94 1.59
38378HAU0
Standard & Poors Rating: N/A
Moodys Rating: N/A
110,092.830 F H L M C Multiclass Mtg Partn 106,813.16 119,622.50 0.3 3,344.62
C M O Ser Kir3 Cl A1 97.0210 108.66 3.13
3137FBAB2
Standard & Poors Rating: N/A
Moodys Rating: N/A
375,000.000 F H L M C Multiclass Mtg Partn 360,270.00 373,407.67 1.0 12,303.75
C M O Ser Kir3 Cl A2 96.0720 99.58 3.41
3137FBAJ5
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,211.500 F H L M C Multiclass Mtg Partn 34,510.44 35,795.23 0.1 880.29
C M O Ser 4328 Cl Ea 98.0090 101.66 2.55
3137B9RN7
Standard & Poors Rating: N/A
Moodys Rating: N/A
40,916.020 G N M A I I Pass Thru Cert 39,546.97 42,356.55 0.1 1,227.48
Pool #Ma0602 96.6540 103.52 3.10
36179MU32
Standard & Poors Rating: N/A
Moodys Rating: N/A
158,000.000 F H L M C Multiclass Mtg Partn 154,182.72 159,681.13 0.4 5,441.52
C M O Ser K072 Cl A2 97.5840 101.06 3.53
3137FEBQ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.291 03/25/2027
1.500 05/15/2027
1.500 08/20/2027
3.038 08/25/2027
3.281 08/25/2027
2.500 12/15/2027
3.000 12/20/2027
3.444 12/25/2027
00- -M -PF-PC -032-01 00251901 2519
Page 8 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
34
217,973.240 F H L M C Multiclass Mtg Partn 214,446.43 214,337.51 0.6 8,119.50
C M O Ser K076 Cl A 1 98.3820 98.33 3.79
3137FEZT0
Standard & Poors Rating: N/A
Moodys Rating: N/A
750,000.000 F H L M C Multiclass Mtg Partn 728,572.50 740,156.25 2.0 25,125.00
C M O Ser K073 Cl A2 97.1430 98.69 3.45
3137FETN0
Standard & Poors Rating: N/A
Moodys Rating: N/A
67,646.600 G N M A I I Pass Thru Cert 65,011.76 69,972.05 0.2 1,691.17
Pool #Ma0908 96.1050 103.44 2.60
36179NAH1
Standard & Poors Rating: N/A
Moodys Rating: N/A
106,465.460 G N M A I I Pass Thru Cert 102,991.49 105,367.55 0.3 3,193.96
Pool #Ma0909 96.7370 98.97 3.10
36179NAJ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,389.200 F N M A Gtd R E M I C Pass Thru 52,108.50 55,931.86 0.1 692.37
C M O Ser 2013 27 Cl Ka 94.0770 100.98 1.33
3136ADZA0
Standard & Poors Rating: N/A
Moodys Rating: N/A
73,899.570 G N M A I I Partn Cert 71,344.12 75,909.52 0.2 2,216.99
Pool #Ma1134 96.5420 102.72 3.11
36179NHK7
100,000.000 F N M A Partn Cert 98,096.00 96,343.75 0.3 3,680.00
Pool #109412 98.0960 96.34 3.75
313637N55
Standard & Poors Rating: N/A
Moodys Rating: N/A
125,542.560 F H L M C Multiclass Mtg Partn 119,624.48 127,648.52 0.3 3,304.23
C M O Ser K095 Cl A1 95.2860 101.68 2.76
3137FNAD2
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.725 12/25/2027
3.350 01/25/2028
2.500 04/20/2028
3.000 04/20/2028
1.250 04/25/2028
3.000 07/20/2028
3.680 08/01/2028
2.631 11/25/2028
00- -M -PF-PC -032-01 00251901 2519
Page 9 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
35
1010101010101010101010110101011011011011101001110010100000001001000110010000111111010100011001011110100111000000010000011000101100010111100010010001110100111011110001000010010101001101011000010010010110000000111100000000101010010101011110111000001010000011110010100011111011000111100010110101100010001000011111001110110110100100101111100110110110101101101111011000100000001010001011111111111111111111
117,740.600 F N M A Partn Cert 117,443.89 122,165.07 0.3 4,709.62
Pool #Bl1077 99.7480 103.76 4.01
3140HSFT3
Standard & Poors Rating: N/A
Moodys Rating: N/A
350,000.000 F H L M C Multiclass Mtg Partn 341,488.00 350,601.56 0.9 12,470.50
C M O Ser K089 Cl A2 97.5680 100.17 3.65
3137FL6P4
Standard & Poors Rating: N/A
Moodys Rating: N/A
170,331.290 F H L M C Multiclass Mtg Partn 160,293.67 171,356.71 0.4 3,846.08
C M O Ser K099 Cl A1 94.1070 100.60 2.40
3137FPJF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
171,224.000 F H L M C Multiclass Mtg Partn 159,693.78 171,664.27 0.4 3,753.16
C M O Ser K101 Cl A1 93.2660 100.26 2.35
3137FQ3Y7
Standard & Poors Rating: N/A
Moodys Rating: N/A
376,654.570 F H L M C Multiclass Mtg Partn 373,471.84 382,672.22 1.0 14,877.86
C M O Ser K159 Cl A1 99.1550 101.60 3.98
3137FKKM7
Standard & Poors Rating: N/A
Moodys Rating: N/A
51,483.730 F N M A Partn Cert 52,360.50 26,054.21 0.1 2,316.77
Pool #Ma0293 101.7030 50.61 4.42
31417YKF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
261,180.040 F H L M C Multiclass Mtg Partn 246,650.59 250,569.60 0.7 7,391.39
C M O Ser K152 Cl A1 94.4370 95.94 3.00
3137BPVM8
Standard & Poors Rating: N/A
Moodys Rating: N/A
110,189.540 F H L M C Gold Partn Cert 107,418.27 108,949.91 0.3 3,305.69
Pool #G18561 97.4850 98.88 3.08
3128MMTT0
Standard & Poors Rating: N/A
Moodys Rating: N/A
4.000 12/01/2028
3.563 01/25/2029
2.258 06/25/2029
2.190 07/25/2029
3.950 12/25/2029
4.500 01/01/2030
2.830 05/25/2030
3.000 07/01/2030
00- -M -PF-PC -032-01 00251901 2519
Page 10 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
36
117,930.640 F H L M C Gold Partn Cert 114,788.97 125,152.51 0.3 3,537.92
Pool #J32243 97.3360 106.12 3.08
31307NP40
Standard & Poors Rating: N/A
Moodys Rating: N/A
40,911.580 G N M A I I Partn Cert 40,439.46 42,776.82 0.1 1,431.91
Pool #Ma2936 98.8460 104.56 3.54
36179RHM4
Standard & Poors Rating: N/A
Moodys Rating: N/A
110,518.120 F H L M C Gold Partn Cert 105,240.88 107,133.51 0.3 2,762.95
Pool #G18568 95.2250 96.94 2.63
3128MMT29
Standard & Poors Rating: N/A
Moodys Rating: N/A
80,315.140 F H L M C Gold Partn Cert 78,294.41 78,577.06 0.2 2,409.45
Pool #G18569 97.4840 97.84 3.08
3128MMT37
Standard & Poors Rating: N/A
Moodys Rating: N/A
172,291.390 F H L M C Multiclass Mtg Partn 147,748.48 171,429.92 0.4 1,423.13
C M O Ser 2020 P003 Cl A1 85.7550 99.50 .96
3137FWHY9
Standard & Poors Rating: N/A
Moodys Rating: N/A
85,898.930 F H L M C Partn Cert Mirror 83,443.94 84,690.98 0.2 2,576.97
Pool #Zs8585 97.1420 98.59 3.09
3132A9RE9
Standard & Poors Rating: N/A
Moodys Rating: N/A
62,795.330 F H L M C Gold Partn Cert 59,794.34 65,354.86 0.2 1,569.88
Pool #G18571 95.2210 104.08 2.63
3128MMT52
Standard & Poors Rating: N/A
Moodys Rating: N/A
107,755.130 F N M A Partn Cert Umbs 100,615.28 111,852.12 0.3 2,155.10
Pool #Ma4226 93.3740 103.80 2.14
31418DVU3
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.000 07/01/2030
3.500 07/20/2030
2.500 09/01/2030
3.000 09/01/2030
0.826 09/25/2030
3.000 10/01/2030
2.500 10/01/2030
2.000 12/01/2030
00- -M -PF-PC -032-01 00251901 2519
Page 11 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
37
1010101010101010101010110101011101011011101001110010100000001001000110010001111111010100001001000010100111011100011011011000101100010000010010010001110011101101110001000011010011001101011000011110010110000000101001110000101010011111011110111000001111011100000010100100110110010111100010001100011101001001110010000010001110110100100001101100110100011110000111011000100111001010101011111111111111111111
60,870.820 F H L M C Gold Partn Cert 57,963.63 63,000.49 0.2 1,521.77
Pool #G18586 95.2240 103.50 2.63
3128MMUL5
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,752.270 F N M A Partn Cert 37,763.46 38,435.48 0.1 993.81
Pool #Ma2803 94.9970 96.69 2.63
31418CDH4
Standard & Poors Rating: N/A
Moodys Rating: N/A
41,176.180 F N M A Gtd R E M I C Pass Thru 38,654.96 42,291.56 0.1 823.52
C M O Ser 2015 89 Cl Ke 93.8770 102.71 2.13
3136AQZK9
Standard & Poors Rating: N/A
Moodys Rating: N/A
87,854.710 F N M A Partn Cert Umbs 83,461.10 92,075.96 0.2 2,196.37
Pool #Fm1155 94.9990 104.80 2.63
3140X4H90
Standard & Poors Rating: N/A
Moodys Rating: N/A
82,073.190 F H L M C Partn Cert Mirror 79,523.18 80,624.08 0.2 2,462.20
Pool #Zs8665 96.8930 98.23 3.10
3132A9TW7
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,958.270 F H L M C Partn Cert 53,162.04 54,157.12 0.1 1,398.96
Pool #Zs8063 95.0030 96.78 2.63
3132A85Y1
Standard & Poors Rating: N/A
Moodys Rating: N/A
98,379.120 G N M A I I Partn Cert 96,522.71 98,851.07 0.3 3,443.27
Pool #Ma4691 98.1130 100.48 3.57
36179TF83
Standard & Poors Rating: N/A
Moodys Rating: N/A
73,324.960 F H L M C Partn Cert Mirror 71,045.29 76,409.37 0.2 2,199.75
Pool #Zs8673 96.8910 104.21 3.10
3132A9T64
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.500 02/01/2031
2.500 11/01/2031
2.000 11/25/2031
2.500 06/01/2032
3.000 07/01/2032
2.500 09/01/2032
3.500 09/20/2032
3.000 10/01/2032
00- -M -PF-PC -032-01 00251901 2519
Page 12 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
38
58,889.230 F N M A Partn Cert 57,056.60 62,137.56 0.2 1,766.68
Pool #Bm1978 96.8880 105.52 3.10
3140J6FU6
Standard & Poors Rating: N/A
Moodys Rating: N/A
89,161.850 F H L M C Partn Cert 87,369.70 95,811.69 0.2 3,120.66
Pool #Zt1989 97.9900 107.46 3.57
3132AEF68
Standard & Poors Rating: N/A
Moodys Rating: N/A
353,301.510 F N M A Partn Cert 340,791.10 331,496.18 0.9 10,599.05
Pool #Bm4154 96.4590 93.83 3.11
3140J8TL7
Standard & Poors Rating: N/A
Moodys Rating: N/A
49,278.860 F H L M C Partn Cert Umbs 46,318.68 46,884.22 0.1 1,231.97
Pool #Sb8015 93.9930 95.14 2.66
3132D53Y6
Standard & Poors Rating: N/A
Moodys Rating: N/A
45,634.670 F N M A Partn Cert 43,638.15 44,237.08 0.1 1,140.87
Pool #Fm3935 95.6250 96.94 2.61
3140X7LR8
Standard & Poors Rating: N/A
Moodys Rating: N/A
137,450.840 F H L M C Partn Cert Umbs 129,194.17 130,771.60 0.4 3,436.27
Pool #Sb8026 93.9930 95.14 2.66
3132D54K5
Standard & Poors Rating: N/A
Moodys Rating: N/A
515,998.990 F N M A Partn Cert 503,124.82 511,675.50 1.4 18,059.96
Pool #Fm3340 97.5050 99.16 3.59
3140X6WA5
Standard & Poors Rating: N/A
Moodys Rating: N/A
174,581.320 F N M A Partn Cert Umbs 159,087.23 174,751.39 0.4 3,491.63
Pool #Ma4074 91.1250 100.10 2.19
31418DQ47
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.000 10/01/2032
3.500 01/01/2033
3.000 03/01/2033
2.500 11/01/2034
2.500 11/01/2034
2.500 12/01/2034
3.500 05/01/2035
2.000 06/01/2035
00- -M -PF-PC -032-01 00251901 2519
Page 13 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
39
1010101010101010101010110101011100011011101001110010100000001001000110010000011111010100001001001110100111011000011000011000101100010011100010010001110100011001110001000010001110001101011001101101010110000000101101100000101010010001001010111000001000000010000010100110111011100111100011011001111110001001110110011011100110111001100110110100110011110111010101011000100111001001001011111111111111111111
53,318.200 F H L M C Partn Cert 48,585.14 49,452.62 0.1 1,066.36
Pool #Sb8057 91.1230 92.75 2.19
3132D55S7
Standard & Poors Rating: N/A
Moodys Rating: N/A
77,007.380 F N M A Partn Cert 72,682.65 80,596.02 0.2 1,925.18
Pool #Fm3936 94.3840 104.66 2.65
3140X7LS6
Standard & Poors Rating: N/A
Moodys Rating: N/A
160,662.830 F N M A Partn Cert Umbs 154,112.61 157,700.62 0.4 4,819.88
Pool #Ma4112 95.9230 98.16 3.13
31418DSA1
Standard & Poors Rating: N/A
Moodys Rating: N/A
152,244.870 F H L M C Partn Cert 142,536.21 146,464.33 0.4 3,806.12
Pool #Sb8505 93.6230 96.20 2.67
3132D6NW6
Standard & Poors Rating: N/A
Moodys Rating: N/A
393,171.880 F N M A Partn Cert Umbs 358,262.15 366,781.66 1.0 7,863.44
Pool #Ma4279 91.1210 93.29 2.19
31418DXH0
Standard & Poors Rating: N/A
Moodys Rating: N/A
397,571.260 F N M A Partn Cert Umbs 362,255.00 371,729.15 1.0 7,951.43
Pool #Ma4497 91.1170 93.50 2.19
31418D7K2
Standard & Poors Rating: N/A
Moodys Rating: N/A
162,252.620 F N M A Partn Cert Umbs 151,488.78 154,292.09 0.4 4,056.32
Pool #Ma4603 93.3660 95.09 2.68
31418EDH0
Standard & Poors Rating: N/A
Moodys Rating: N/A
38,092.780 G N M A Gtd R E M I C Pass Thru 37,618.91 39,842.67 0.1 1,523.71
C M O Ser 2010 19 Cl Ua 98.7560 104.59 4.05
38376V2E6
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.000 08/01/2035
2.500 08/01/2035
3.000 08/01/2035
2.500 10/01/2035
2.000 03/01/2036
2.000 11/01/2036
2.500 04/01/2037
4.000 07/16/2039
00- -M -PF-PC -032-01 00251901 2519
Page 14 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
40
55,722.400 G N M A Gtd R E M I C Pass Thru 54,908.85 46,359.56 0.2 2,228.90
C M O Ser 2010 15 Cl Pd 98.5400 83.20 4.06
38376WA62
Standard & Poors Rating: N/A
Moodys Rating: N/A
33,081.420 G N M A Gtd R E M I C Pass Thru 32,825.04 32,047.63 0.1 661.63
C M O Ser 2011 136 Cl Ga 99.2250 96.88 2.02
38377YTL4
Standard & Poors Rating: N/A
Moodys Rating: N/A
279,169.790 F N M A Gtd R E M I C Pass Thru 274,278.74 274,927.71 0.7 11,166.79
C M O Ser 2010 123 Cl Pm 98.2480 98.48 4.07
31398NY24
Standard & Poors Rating: N/A
Moodys Rating: N/A
123,330.210 F H L M C Partn Cert 115,841.60 130,775.25 0.3 3,699.91
Pool #Sc0096 93.9280 106.04 3.19
3132D9C93
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,487.830 F N M A Gtd R E M I C Pass Thru 35,405.38 35,273.72 0.1 749.76
C M O Ser 2012 113 Cl Pb 94.4450 94.09 2.12
3136A8V64
Standard & Poors Rating: N/A
Moodys Rating: N/A
85,717.440 F H L M C Multiclass Mtg Partn 81,663.86 80,360.10 0.2 2,142.94
C M O Ser 4139 Cl Pa 95.2710 93.75 2.62
3137AWY41
Standard & Poors Rating: N/A
Moodys Rating: N/A
87,082.880 G N M A Gtd R E M I C Pass Thru 80,141.50 85,803.85 0.2 1,741.66
C M O Ser 2013 5 Cl Je 92.0290 98.53 2.17
38378FRB8
Standard & Poors Rating: N/A
Moodys Rating: N/A
126,301.970 F N M A Gtd R E M I C Pass Thru 121,775.31 121,644.58 0.3 2,526.04
C M O Ser 2012 148 Cl Mc 96.4160 96.31 2.07
3136ABNZ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
4.000 10/20/2039
2.000 05/20/2040
4.000 07/25/2040
3.000 10/01/2040
2.000 10/25/2040
2.500 11/15/2041
2.000 07/20/2042
2.000 11/25/2042
00- -M -PF-PC -032-01 00251901 2519
Page 15 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
41
1010101010101010101010110101011011011011101001110010100000001001000110010000011111010100001001000010100111010100011011011000101100010101110010010001110110010001110001000010010010101101011001011011110110000000100101000000101010001010110000111000001011001111110010100001110010011111100010010110001111001000110100111001000110101110010111101000110110100110011001011000100011001001101011111111111111111111
277,006.690 F H L M C Multiclass Mtg Partn 256,801.82 260,757.78 0.7 4,847.62
C M O Ser 4165 Cl Te 92.7060 94.13 1.89
3137AYSH5
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,500.520 G N M A Gtd R E M I C Pass Thru 36,707.76 37,711.46 0.1 1,125.02
C M O Ser 2018 153 Cl Wj 97.8860 100.56 3.06
38381AZ58
Standard & Poors Rating: N/A
Moodys Rating: N/A
105,091.890 G N M A Gtd R E M I C Pass Thru 92,417.81 106,189.84 0.3 2,627.30
C M O Ser 2014 166 Cl Pl 87.9400 101.04 2.84
38378XP62
Standard & Poors Rating: N/A
Moodys Rating: N/A
450,000.000 Caterpillar Finl Service 445,801.50 456,489.00 1.2 16,425.00
Medium Term Note 99.0670 101.44 3.68
14913Q2S7
Standard & Poors Rating: A
Moodys Rating: A2
.010 John Deere Owner Trust 0.00 0.01 0.0 0.00
A B S Ser 2019 B Cl A3 0.0000 100.00 .00
477870AC3
Standard & Poors Rating: N/A
Moodys Rating: Aaa
140,000.000 Simon Ppty Group L P 139,144.60 140,000.00 0.4 6,008.10
01/11/2024 Var 99.3890 100.00 4.32
Standard & Poors Rating: A-
Moodys Rating: A3
500,000.000 Wells Fargo Company 494,495.00 505,015.00 1.3 18,750.00
Medium Term Note 98.8990 101.00 3.79
95000U2C6
Standard & Poors Rating: BBB+
Moodys Rating: A1
1.750 12/15/2042
3.000 11/20/2045
05/16/2055 Var
3.650 12/07/2023
2.210 12/15/2023
828807DR5
3.750 01/24/2024
64.5 $571,313.26 $24,060,515.20 $24,558,768.41
00- -M -PF-PC -032-01 00251901 2519
Page 16 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total US Government Issues
Corporate Issues
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
42
500,000.000 National Rural Util Coop 490,280.00 501,670.00 1.3 14,750.00
2.950 02/07/2024 98.0560 100.33 3.01
Standard & Poors Rating: A-
Moodys Rating: A1
500,000.000 IBM Corp 493,310.00 508,175.00 1.3 18,125.00
3.625 02/12/2024 98.6620 101.64 3.67
Standard & Poors Rating: A-
Moodys Rating: A3
455,000.000 Goldman Sachs Group Inc 454,335.70 455,399.95 1.2 17,132.21
03/08/2024 Var 99.8540 100.09 3.77
Standard & Poors Rating: BBB+
Moodys Rating: A2
15,053.290 Ford Credit Auto Owner Trust 15,033.12 15,142.67 0.0 281.50
A B S Ser 2019 Cl A3 99.8660 100.59 1.87
34531KAD4
Standard & Poors Rating: AAA
Moodys Rating: Aaa
455,000.000 Jpmorgan Chase Co 455,095.55 456,879.15 1.2 17,744.59
03/16/2024 Var 100.0210 100.41 3.90
Standard & Poors Rating: A-
Moodys Rating: A1
500,000.000 Bank Of America Corp 496,000.00 508,285.00 1.3 20,000.00
Medium Term Note 99.2000 101.66 4.03
06051GFF1
Standard & Poors Rating: A-
Moodys Rating: A2
450,000.000 Southern Ca Edison Co 1M Glbl 2021C 449,388.00 450,958.50 1.2 20,144.26
24 99.8640 100.21 4.48
842400HC0
Standard & Poors Rating: A-
Moodys Rating: A3
500,000.000 Suntrust Bank 491,805.00 503,100.00 1.3 16,000.00
3.200 04/01/2024 98.3610 100.62 3.25
Standard & Poors Rating: A
Moodys Rating: A2
637432NL5
459200HU8
38141GXW9
1.870 03/15/2024
46647PCA2
4.000 04/01/2024
04/01/2021 Var
86787EBC0
00- -M -PF-PC -032-01 00251901 2519
Page 17 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
43
1010101010101010101010110101011010011011101001110010100000001001000110010001111111010100001001001110100111010000011000011000101100010110000010010001110001100101110001000011001111101101011000101000110110000000100001010000101010000100100100111000001100010001110010100011111111101111100011000011101100001000110000100000101110100011010000110000110001001111001011011000100011001010001011111111111111111111
48,832.150 Honda Auto Receivables 48,434.17 48,681.46 0.1 786.20
A B S Ser 2020 1 Cl A3 99.1850 99.69 1.62
43813RAC1
Standard & Poors Rating: N/A
Moodys Rating: Aaa
500,000.000 Morgan Stanley 495,315.00 505,350.00 1.3 19,375.00
Medium Term Note 99.0630 101.07 3.91
61746BDQ6
Standard & Poors Rating: A-
Moodys Rating: A1
81,520.470 Carmax Auto Owner Trust 81,213.14 81,969.47 0.2 1,777.15
A B S Ser 2019 3 Cl A3 99.6230 100.55 2.19
14315PAD7
Standard & Poors Rating: AAA
Moodys Rating: N/A
150,462.960 Gm Fin Cons Auto Rec Tr 149,960.41 149,736.27 0.4 315.98
A B S Ser 2021 3 Cl A2 99.6660 99.52 .21
380140AB9
Standard & Poors Rating: AAA
Moodys Rating: N/A
49,583.880 Captial One Prime Auto 49,162.91 49,382.44 0.1 793.34
A B S Ser 2020 1 Cl A3 99.1510 99.59 1.61
14043MAC5
Standard & Poors Rating: AAA
Moodys Rating: N/A
500,000.000 American Express Co 475,695.00 464,840.00 1.3 11,250.00
2.250 03/04/2025 95.1390 92.97 2.36
Standard & Poors Rating: BBB+
Moodys Rating: A2
221,081.780 Carmax Auto Owner Trust 219,016.88 221,064.84 0.6 6,212.40
A B S Ser 2022 2 Cl A 2A 99.0660 99.99 2.84
14317HAB7
Standard & Poors Rating: AAA
Moodys Rating: Aaa
300,000.000 Citibank Credit Card Issuance Trust 298,491.00 305,398.44 0.8 9,870.00
A B S Ser 2018 A3 Cl A3 99.4970 101.80 3.31
17305EGM1
Standard & Poors Rating: AAA
Moodys Rating: Aaa
1.610 04/22/2024
3.875 04/29/2024
2.180 08/15/2024
0.210 08/16/2024
1.600 11/15/2024
025816CQ0
2.810 05/15/2025
3.290 05/23/2025
00- -M -PF-PC -032-01 00251901 2519
Page 18 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
44
350,000.000 Discover Card Execution Note Trust 350,021.00 350,410.16 0.9 17,894.26
A B S Ser 2018 A2 Cl A2 100.0060 100.12 5.11
254683CE3
Standard & Poors Rating: AAA
Moodys Rating: Aaa
500,000.000 American Express Credit Account 500,120.00 501,328.13 1.3 25,508.23
A B S Ser 2018 3 Cl A 100.0240 100.27 5.10
02582JHS2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
272,801.740 Carmax Auto Owner Tr 263,231.85 268,667.09 0.7 927.53
A B S Ser 2021 1 Cl A 3 96.4920 98.48 .35
14316NAC3
Standard & Poors Rating: AAA
Moodys Rating: N/A
126,237.160 Santander Drive Auto Tr 2020 3 125,246.20 126,054.71 0.3 1,413.86
A B S Ser 2020 3 Cl C 99.2150 99.86 1.13
80285WAF4
Standard & Poors Rating: N/A
Moodys Rating: Aaa
227,289.860 Carmax Auto Own 219,225.62 223,747.33 0.6 1,181.91
A B S Ser 2021 2 Cl A3 96.4520 98.44 .54
14314QAC8
Standard & Poors Rating: AAA
Moodys Rating: N/A
350,000.000 Capital One Multi Asset Execution 349,947.50 350,533.20 0.9 17,971.26
A B S Ser 2018 A2 Cl A2 99.9850 100.15 5.13
14041NFS5
Standard & Poors Rating: AAA
Moodys Rating: N/R
277,000.000 Ford Credit Floorplan Master 266,618.04 268,906.41 0.7 6,758.80
A B S Ser 2019 4 Cl A 96.2520 97.08 2.53
34528QHF4
Standard & Poors Rating: AAA
Moodys Rating: Aaa
251,336.080 Harley Davidson Mtrc Tr 242,423.70 242,117.16 0.7 1,407.48
A B S Ser 2021 B Cl A 3 96.4540 96.33 .58
41285AAC1
Standard & Poors Rating: N/A
Moodys Rating: Aaa
08/15/2025 Var
10/15/2025 Var
12/15/2025 Var
1.120 12/015/2025
02/17/2026 Var
03/16/2026 Var
2.440 09/15/2026
0.560 11/15/2026
00- -M -PF-PC -032-01 00251901 2519
Page 19 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
45
1010101010101010101010110101011001011011101001110010100000001001000110010001111111010100001001001110100111001100010000011000101100010111010010010001110100100011110001000011011000101101011000100001110110000000101100001000101010000000000100111000001110100100010010100001101110111111100010011100100110001001010100110001001110101010001001100010110000010110110011011000101101001010001011111111111111111111
150,000.000 Capital One Multi Asset 144,829.50 146,015.63 0.4 4,200.00
A B S Ser 2022 A1 Cl A1 96.5530 97.34 2.90
14041NFZ9
Standard & Poors Rating: AAA
Moodys Rating: N/A
350,000.000 American Express Credit 341,922.00 347,210.94 0.9 11,865.00
C M O Ser 2022 2 Cl A 97.6920 99.20 3.47
02582JJT8
Standard & Poors Rating: AAA
Moodys Rating: N/A
450,000.000 Royal Bk Of Canada 450,216.00 451,887.75 1.2 19,823.63
Medium Term Note 100.0480 100.42 4.40
78015K7K4
Standard & Poors Rating: A
Moodys Rating: A1
455,000.000 Credit Suisse Ag New York 444,862.60 455,728.00 1.2 13,588.80
02/02/2024 Var 97.7720 100.16 3.05
Standard & Poors Rating: A-
Moodys Rating: A3
500,000.000 Toronto Dominion Bank 487,200.00 494,710.00 1.3 11,750.00
Medium Term Note 97.4400 98.94 2.41
89114TZR6
Standard & Poors Rating: A
Moodys Rating: A1
500,000.000 Bank Of Nova Scotia 468,975.00 456,805.00 1.3 7,250.00
1.450 01/10/2025 93.7950 91.36 1.55
Standard & Poors Rating: A-
Moodys Rating: A2
2.800 03/15/2027
3.390 05/17/2027
10/26/2023 Var
22550UAB7
2.350 03/08/2024
06417XAB7
24.2 $304,869.06 $9,045,562.39 $9,152,527.96
5.0 $52,412.43 $1,851,253.60 $1,859,130.75
00- -M -PF-PC -032-01 00251901 2519
Page 20 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Corporate Issues
Foreign Issues
Total Foreign Issues
Municipal Issues
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
46
215,000.000 New York Ny Taxable Go Bds Fiscal 214,419.50 215,503.10 0.6 2,472.50
1.150 03/01/2023 Taxable 99.7300 100.23 1.15
Standard & Poors Rating: AA
Moodys Rating: Aa2
305,000.000 Connecticut ST Taxable Go Bds 2020 A 301,394.90 299,247.70 0.8 6,100.00
2.000 07/01/2023 Taxable 98.8180 98.11 2.02
Standard & Poors Rating: AA-
Moodys Rating: Aa3
350,000.000 Port Auth N Y N J Taxable 344,694.00 348,143.50 0.9 3,801.00
Consolidated Nts AAA Ny 98.4840 99.47 1.10
73358W4V3
Standard & Poors Rating: AA-
Moodys Rating: Aa3
280,000.000 San Diego Cnty Calif Regl Arptauth 275,195.20 280,000.00 0.7 1,831.20
Arpt Rev Taxable Sub Ref Bds 2021 Ca 98.2840 100.00 .66
79739GPB6
Standard & Poors Rating: N/A
Moodys Rating: A2
245,000.000 University Wa Univ Revs Taxable 241,922.80 245,000.00 0.7 3,601.50
Gen Ref Bds 2022 B 98.7440 100.00 1.49
91523NWT9
Standard & Poors Rating: AA+
Moodys Rating: Aaa
410,000.000 Ref Bds 2021 395,850.90 410,000.00 1.1 3,776.10
0.921 02/01/2024 Taxable 96.5490 100.00 .95
Standard & Poors Rating: AAA
Moodys Rating: Aaa
Principal Cash - 46,340.04 - 46,340.04 - 0.1
Income Cash 46,340.04 46,340.04 0.1
Total Cash
64966QJD3
20772KJV2
1.086 07/01/2023 Taxable
0.654 07/01/2023 Taxable
1.470 07/01/2023 Taxable
346604LK5
4.8 $21,582.30 $1,773,477.30 $1,797,894.30
0.0 $0.00 $0.00
00- -M -PF-PC -032-01 00251901 2519
Page 21 of 63
Security Description
Cash
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Municipal Issues
ACCOUNT NUMBER: 226122002
ASSET DETAIL AS OF 01/31/23 (continued)
47
1010101010101010101010110101011000011011101001110010100000001001000110010000011111010100001001000010100111001000010011011000101100010100100010010001110011010111110001000010000101101101011001010010110110000000101000011000101010001110010000111000001001111010010010100011100011001111100011001001000101001001010000101000100110100111001110111010110111111111100001011000101101001001101011111111111111111111
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services
believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for
which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values
shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may
be updated less frequently than statement generation.
For further information, please contact your Analyst.
Yield at Market and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for
making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they
provide no guarantee of what your investments may earn in the future.
100.0 $974,425.88 $37,302,241.82 $37,939,716.83
00- -M -PF-PC -032-01 00251901 2519
Page 22 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
Total Assets
ASSET DETAIL AS OF 01/31/23 (continued)
ASSET DETAIL MESSAGES
48
1010101010101010101010110101011111011011101001110010100000001001000110010000111111010100001001010110100111000100001101011000101100010111100010010001110000110111110001000011000101101101011000111011110110000000110000001000101010010000000110111000001111000011110010100111011111101111100011101111110010001001000101110001100110110101110110100110110001011110110111011000100100111010001011111111111111111111
01/03/23 Interest Earned On 10,937.50
U S Treasury Nt 1.750% 12/31/24
0.00875 USD/$1 Pv On 1,250,000 Par Value Due 12/31/22
912828YY0
01/03/23 Interest Earned On 3,050.00
Connecticut ST 2.000% 7/01/23
0.01 USD/$1 Pv On 305,000 Par Value Due 1/1/23
20772KJV2
01/03/23 Interest Earned On 1,900.50
Port Auth N Y N J Ny 1.086% 7/01/23
0.00543 USD/$1 Pv On 350,000 Par Value Due 1/1/23
73358W4V3
01/03/23 Interest Earned On 915.60
San Diego Cnty Ca 0.654% 7/01/23
0.00327 USD/$1 Pv On 280,000 Par Value Due 1/1/23
79739GPB6
01/03/23 Interest Earned On 5,036.07
Southern Ca Edison 4.4765% 4/01/24
0.011191 USD/$1 Pv On 450,000 Par Value Due 1/1/23
842400HC0
01/03/23 Interest Earned On 1,800.75
University Wa 1.470% 7/01/23
0.00735 USD/$1 Pv On 245,000 Par Value Due 1/1/23
91523NWT9
01/03/23 Cash Disbursement - 23,640.42
Transfer To Principal
1
01/03/23 Cash Receipt 23,640.42
Transfer From Income
1
01/03/23 Purchased 23,640.42 Units Of - 23,640.42 23,640.42
First Am Govt Ob Fd Cl Y
Trade Date 1/3/23
31846V203
01/03/23 Interest Earned On 899.40
First Am Govt Ob Fd Cl Y
Interest From 12/1/22 To 12/31/22
31846V203
01/04/23 Cash Disbursement - 899.40
Transfer To Principal
1
01/04/23 Cash Receipt 899.40
Transfer From Income
1
00- -M -PF-PC -032-01 00251901 2519
Page 24 of 63
Beginning Balance 01/01/2023 $.00 $.00 $37,746,711.48
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL
49
01/04/23 Purchased 899.4 Units Of - 899.40 899.40
First Am Govt Ob Fd Cl Y
Trade Date 1/4/23
31846V203
01/05/23 Received 0.01 Par Value Of 0.01
John Deere Owner 2.210% 12/15/23
Market Value Of 0.01 USD
Position Still Held Per Dtcc
477870AC3
01/10/23 Interest Earned On 3,625.00
Bank Of Nova Scotia 1.450% 1/10/25
0.00725 USD/$1 Pv On 500,000 Par Value Due 1/10/23
06417XAB7
01/10/23 Cash Disbursement - 3,625.00
Transfer To Principal
1
01/10/23 Cash Receipt 3,625.00
Transfer From Income
1
01/10/23 Purchased 3,625 Units Of - 3,625.00 3,625.00
First Am Govt Ob Fd Cl Y
Trade Date 1/10/23
31846V203
01/11/23 Interest Earned On 1,535.40
Simon Ppty L P 4.2915% 1/11/24
0.010967 USD/$1 Pv On 140,000 Par Value Due 1/11/23
828807DR5
01/11/23 Cash Disbursement - 1,535.40
Transfer To Principal
1
01/11/23 Cash Receipt 1,535.40
Transfer From Income
1
01/11/23 Purchased 1,535.4 Units Of - 1,535.40 1,535.40
First Am Govt Ob Fd Cl Y
Trade Date 1/11/23
31846V203
01/17/23 Interest Earned On 77.26
Captial One Prime 1.600% 11/15/24
$0.00133/Pv On 57,944.00 Pv Due 1/15/23
14043MAC5
01/17/23 Paid Down 8,360.12 Par Value Of 8,360.12 - 8,326.16
Captial One Prime 1.600% 11/15/24
Trade Date 1/15/23
14043MAC5
01/17/23 Interest Earned On 2,125.69
American Express 5.10165% 10/15/25
$0.00425/Pv On 500,000.00 Pv Due 1/15/23
02582JHS2
00- -M -PF-PC -032-01 00251901 2519
Page 25 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
50
1010101010101010101010110101011110011011101001110010100000001001000110010001011111010100001001011010100111000000001110011000101100010100010010010001110111000011110001000010011000101101011001001000110110000000110100011000101010011110010010111000001000011101110010100101010010011111100010111010010001001001000001101000001110111000110001111110110110110111100101011000100100111001101011111111111111111111
01/17/23 Interest Earned On 988.75
American Express 3.390% 5/17/27
$0.00283/Pv On 350,000.00 Pv Due 1/15/23
02582JJT8
01/17/23 Interest Earned On 1,497.61
Capital One Multi 5.13465% 3/16/26
$0.00428/Pv On 350,000.00 Pv Due 1/15/23
14041NFS5
01/17/23 Interest Earned On 563.23
Ford Credit 2.440% 9/15/26
$0.00203/Pv On 277,000.00 Pv Due 1/15/23
34528QHF4
01/17/23 Interest Earned On 74.86
Ford Credit Auto 1.870% 3/15/24
$0.00156/Pv On 48,039.57 Pv Due 1/15/23
34531KAD4
01/17/23 Paid Down 32,986.28 Par Value Of 32,986.28 - 33,182.14
Ford Credit Auto 1.870% 3/15/24
Trade Date 1/15/23
34531KAD4
01/17/23 Interest Earned On 40.88
Gm Fin Cons Auto 0.21001% 8/16/24
$0.00018/Pv On 233,620.20 Pv Due 1/16/23
380140AB9
01/17/23 Paid Down 83,157.24 Par Value Of 83,157.24 - 82,755.62
Gm Fin Cons Auto 0.21001% 8/16/24
Trade Date 1/16/23
380140AB9
01/17/23 Interest Earned On 144.61
Santander Drive 1.120% 12/15/25
$0.00093/Pv On 154,941.93 Pv Due 1/15/23
80285WAF4
01/17/23 Paid Down 28,704.77 Par Value Of 28,704.77 - 28,663.28
Santander Drive 1.120% 12/15/25
Trade Date 1/15/23
80285WAF4
01/17/23 Purchased 160,218.91 Units Of - 160,218.91 160,218.91
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/17/23 Interest Earned On 223.47
G N M A Gtd Remic 2.500% 5/16/55
$0.00208/Pv On 107,263.26 Pv Due 1/16/23
38378XP62
01/17/23 Paid Down 2,171.37 Par Value Of 2,171.37 - 2,194.06
G N M A Gtd Remic 2.500% 5/16/55
Trade Date 1/16/23
38378XP62
00- -M -PF-PC -032-01 00251901 2519
Page 26 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
51
01/17/23 Interest Earned On 130.81
G N M A Gtd Remic 4.000% 7/16/39
$0.00333/Pv On 39,243.72 Pv Due 1/16/23
38376V2E6
01/17/23 Paid Down 1,150.94 Par Value Of 1,150.94 - 1,203.81
G N M A Gtd Remic 4.000% 7/16/39
Trade Date 1/16/23
38376V2E6
01/17/23 Interest Earned On 40.84
F H L M C Mltcl Mtg 2.000% 11/15/26
$0.00167/Pv On 24,504.28 Pv Due 1/15/23
3137B6DF5
01/17/23 Paid Down 1,630.44 Par Value Of 1,630.44 - 1,657.41
F H L M C Mltcl Mtg 2.000% 11/15/26
Trade Date 1/15/23
3137B6DF5
01/17/23 Interest Earned On 60.64
F H L M C Mltcl Mtg 1.500% 5/15/27
$0.00125/Pv On 48,504.32 Pv Due 1/15/23
3137AQQE1
01/17/23 Paid Down 1,397.62 Par Value Of 1,397.62 - 1,417.63
F H L M C Mltcl Mtg 1.500% 5/15/27
Trade Date 1/15/23
3137AQQE1
01/17/23 Interest Earned On 79.23
F H L M C Mltcl Mtg 2.500% 12/15/27
$0.00208/Pv On 38,027.44 Pv Due 1/15/23
3137B9RN7
01/17/23 Paid Down 2,815.94 Par Value Of 2,815.94 - 2,862.36
F H L M C Mltcl Mtg 2.500% 12/15/27
Trade Date 1/15/23
3137B9RN7
01/17/23 Interest Earned On 183.75
F H L M C Mltcl Mtg 2.500% 11/15/41
$0.00208/Pv On 88,198.08 Pv Due 1/15/23
3137AWY41
01/17/23 Paid Down 2,480.64 Par Value Of 2,480.64 - 2,325.60
F H L M C Mltcl Mtg 2.500% 11/15/41
Trade Date 1/15/23
3137AWY41
01/17/23 Interest Earned On 407.18
F H L M C Mltcl Mtg 1.750% 12/15/42
$0.00146/Pv On 279,207.22 Pv Due 1/15/23
3137AYSH5
01/17/23 Paid Down 2,200.53 Par Value Of 2,200.53 - 2,071.46
F H L M C Mltcl Mtg 1.750% 12/15/42
Trade Date 1/15/23
3137AYSH5
00- -M -PF-PC -032-01 00251901 2519
Page 27 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
52
1010101010101010101010110101011101011011101001110010100000001001000100010001111111010101111001011010100111011100001101011000101100010001010010010001110000101101110001000011011100101101011000100101110110000000110000100000101010001100101010111000001110000001000010100110011001011011100010000111010011001001110111110100100110101101111010010100110000000111100101011000101010111000101011111111111111111111
01/17/23 Interest Earned On 350.00
Capital One Multi 2.800% 3/15/27
$0.00233/Pv On 150,000.00 Pv Due 1/15/23
14041NFZ9
01/17/23 Interest Earned On 104.35
Carmax Auto Own 0.520% 2/17/26
$0.00043/Pv On 240,809.42 Pv Due 1/15/23
14314QAC8
01/17/23 Paid Down 13,519.56 Par Value Of 13,519.56 - 13,308.85
Carmax Auto Own 0.520% 2/17/26
Trade Date 1/15/23
14314QAC8
01/17/23 Interest Earned On 187.62
Carmax Auto Owner 2.180% 8/15/24
$0.00182/Pv On 103,277.99 Pv Due 1/15/23
14315PAD7
01/17/23 Paid Down 21,757.52 Par Value Of 21,757.52 - 21,877.36
Carmax Auto Owner 2.180% 8/15/24
Trade Date 1/15/23
14315PAD7
01/17/23 Interest Earned On 81.99
Carmax Auto Owner 0.340% 12/15/25
$0.00028/Pv On 289,405.71 Pv Due 1/15/23
14316NAC3
01/17/23 Paid Down 16,603.97 Par Value Of 16,603.97 - 16,352.32
Carmax Auto Owner 0.340% 12/15/25
Trade Date 1/15/23
14316NAC3
01/17/23 Interest Earned On 574.16
Carmax Auto Owner 2.810% 5/15/25
$0.00234/Pv On 245,194.08 Pv Due 1/15/23
14317HAB7
01/17/23 Paid Down 24,112.3 Par Value Of 24,112.30 - 24,110.45
Carmax Auto Owner 2.810% 5/15/25
Trade Date 1/15/23
14317HAB7
01/17/23 Interest Earned On 1,491.19
Discover Card 5.11265% 8/15/25
$0.00426/Pv On 350,000.00 Pv Due 1/15/23
254683CE3
01/17/23 Interest Earned On 123.62
Harley Davidson Mtrc 0.560% 11/15/26
$0.00047/Pv On 264,901.55 Pv Due 1/15/23
41285AAC1
01/17/23 Paid Down 13,565.47 Par Value Of 13,565.47 - 13,067.89
Harley Davidson Mtrc 0.560% 11/15/26
Trade Date 1/15/23
41285AAC1
00- -M -PF-PC -032-01 00251901 2519
Page 28 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
53
01/17/23 Paid Down 1,706.38 Par Value Of 1,706.38 - 1,757.85
G N M A #778953 3.000% 3/15/27
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36176XE21
01/17/23 Interest Earned On 162.41
G N M A #778953 3.000% 3/15/27
December GNMA Due 1/15/23
36176XE21
01/17/23 Paid Down 2,406.51 Par Value Of 2,406.51 - 2,379.44
F H L M C Gd G18561 3.000% 7/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMTT0
01/17/23 Interest Earned On 281.49
F H L M C Gd G18561 3.000% 7/01/30
December FHLMC Due 1/15/23
3128MMTT0
01/17/23 Paid Down 1,974.02 Par Value Of 1,974.02 - 1,913.57
F H L M C Gd G18568 2.500% 9/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT29
01/17/23 Interest Earned On 234.36
F H L M C Gd G18568 2.500% 9/01/30
December FHLMC Due 1/15/23
3128MMT29
01/17/23 Paid Down 1,515.87 Par Value Of 1,515.87 - 1,483.07
F H L M C Gd G18569 3.000% 9/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Interest Earned On 204.57
F H L M C Gd G18569 3.000% 9/01/30
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Paid Down 1,036.82 Par Value Of 1,036.82 - 1,079.08
F H L M C Gd G18571 2.500% 10/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT52
01/17/23 Interest Earned On 132.98
F H L M C Gd G18571 2.500% 10/01/30
December FHLMC Due 1/15/23
3128MMT52
01/17/23 Paid Down 1,168.39 Par Value Of 1,168.39 - 1,209.27
F H L M C Gd G18586 2.500% 2/01/31
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMUL5
00- -M -PF-PC -032-01 00251901 2519
Page 29 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
54
1010101010101010101010110101011100011011101001110010100000001001000100010000011111010101111001010110100111011000001110011000101100010010100010010001110111011001110001000010000001101101011001010110110110000000110100110000101010000010111110111000001001011111000010100100010100101011100011010010110000001001110011101101001110100000111101001100110111101110110111011000101010111011001011111111111111111111
01/17/23 Interest Earned On 129.25
F H L M C Gd G18586 2.500% 2/01/31
December FHLMC Due 1/15/23
3128MMUL5
01/17/23 Paid Down 1,682.22 Par Value Of 1,682.22 - 1,785.24
F H L M C Gd J32243 3.000% 7/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
31307NP40
01/17/23 Interest Earned On 299.03
F H L M C Gd J32243 3.000% 7/01/30
December FHLMC Due 1/15/23
31307NP40
01/17/23 Cash Disbursement - 5,560.20
Transfer To Principal
1
01/17/23 Cash Receipt 5,560.20
Transfer From Income
1
01/17/23 Purchased 120,456.71 Units Of - 120,456.71 120,456.71
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/18/23 Sold 77.26 Units Of 77.26 - 77.26
First Am Govt Ob Fd Cl Y
Trade Date 1/18/23
31846V203
01/18/23 Cash Disbursement - 7,010.50
Transfer To Principal
1
01/18/23 Cash Receipt 7,010.50
Transfer From Income
1
01/19/23 Sold 1,497.61 Units Of 1,497.61 - 1,497.61
First Am Govt Ob Fd Cl Y
Trade Date 1/19/23
31846V203
01/20/23 Purchased 1,772.4 Units Of - 1,772.40 1,772.40
First Am Govt Ob Fd Cl Y
Trade Date 1/20/23
31846V203
01/20/23 Interest Earned On 146.74
G N M A Gtd Remic 2.000% 7/20/42
$0.00167/Pv On 88,042.45 Pv Due 1/20/23
38378FRB8
01/20/23 Paid Down 959.57 Par Value Of 959.57 - 945.48
G N M A Gtd Remic 2.000% 7/20/42
Trade Date 1/20/23
38378FRB8
00- -M -PF-PC -032-01 00251901 2519
Page 30 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
55
01/20/23 Interest Earned On 56.53
G N M A Gtd Remic 2.000% 5/20/40
$0.00167/Pv On 33,915.87 Pv Due 1/20/23
38377YTL4
01/20/23 Paid Down 834.45 Par Value Of 834.45 - 808.37
G N M A Gtd Remic 2.000% 5/20/40
Trade Date 1/20/23
38377YTL4
01/20/23 Interest Earned On 189.37
G N M A Gtd Remic 4.000% 10/20/39
$0.00333/Pv On 56,812.13 Pv Due 1/20/23
38376WA62
01/20/23 Paid Down 1,089.73 Par Value Of 1,089.73 - 917.65
G N M A Gtd Remic 4.000% 10/20/39
Trade Date 1/20/23
38376WA62
01/20/23 Interest Earned On 44.28
G N M A Gtd Remic 1.500% 8/20/27
$0.00125/Pv On 35,423.37 Pv Due 1/20/23
38378HAU0
01/20/23 Paid Down 1,045.73 Par Value Of 1,045.73 - 992.81
G N M A Gtd Remic 1.500% 8/20/27
Trade Date 1/20/23
38378HAU0
01/20/23 Interest Earned On 96.98
G N M A Gtd Remic 3.000% 11/20/45
$0.00250/Pv On 38,793.34 Pv Due 1/20/23
38381AZ58
01/20/23 Paid Down 1,292.82 Par Value Of 1,292.82 - 1,300.09
G N M A Gtd Remic 3.000% 11/20/45
Trade Date 1/20/23
38381AZ58
01/20/23 Paid Down 2,294.47 Par Value Of 2,294.47 - 2,270.81
G N M A I I #Ma0909 3.000% 4/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Interest Earned On 271.90
G N M A I I #Ma0909 3.000% 4/20/28
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Paid Down 1,628.08 Par Value Of 1,628.08 - 1,684.05
G N M A I I #Ma0908 2.500% 4/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NAH1
01/20/23 Interest Earned On 144.32
G N M A I I #Ma0908 2.500% 4/20/28
December GNMA Due 1/20/23
36179NAH1
00- -M -PF-PC -032-01 00251901 2519
Page 31 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
56
1010101010101010101010110101011011011011101001110010100000001001000100010000011111010101111001011010100111010100001101011000101100010100110010010001110101010001110001000010011101001101011001100000010110000000111100010000101010011001000100111000001010010010110010100011011101010011100010011101000001001000110001001111101110110111001100010000110010111111111011011000101110111011101011111111111111111111
01/20/23 Paid Down 2,004.87 Par Value Of 2,004.87 - 2,059.40
G N M A I I #Ma1134 3.000% 7/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NHK7
01/20/23 Interest Earned On 189.76
G N M A I I #Ma1134 3.000% 7/20/28
December GNMA Due 1/20/23
36179NHK7
01/20/23 Paid Down 961.33 Par Value Of 961.33 - 995.18
G N M A I I #Ma0602 3.000% 12/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179MU32
01/20/23 Interest Earned On 104.69
G N M A I I #Ma0602 3.000% 12/20/27
December GNMA Due 1/20/23
36179MU32
01/20/23 Paid Down 1,487.09 Par Value Of 1,487.09 - 1,494.23
G N M A I I #Ma4691 3.500% 9/20/32
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179TF83
01/20/23 Interest Earned On 291.28
G N M A I I #Ma4691 3.500% 9/20/32
December GNMA Due 1/20/23
36179TF83
01/20/23 Paid Down 599.59 Par Value Of 599.59 - 626.93
G N M A I I #Ma2936 3.500% 7/20/30
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179RHM4
01/20/23 Interest Earned On 121.07
G N M A I I #Ma2936 3.500% 7/20/30
December GNMA Due 1/20/23
36179RHM4
01/20/23 Cash Receipt 52,500.00
Transfer From Another Trust
Transfer From #256350000
2013 Toll Revenue Fd
Per Fifth Clause Sec. 5.03(B)
And Sec. 5.08 Of Indenture And
Written Certificate Dtd 1/18/2023
Agmarsh
01/20/23 Cash Disbursement - 82.05
Transfer To Principal
1
01/20/23 Cash Receipt 82.05
Transfer From Income
1
00- -M -PF-PC -032-01 00251901 2519
Page 32 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
57
01/20/23 Purchased 68,354.65 Units Of - 68,354.65 68,354.65
First Am Govt Ob Fd Cl Y
Trade Date 1/20/23
31846V203
01/23/23 Interest Earned On 79.07
Honda Auto 1.610% 4/22/24
$0.00134/Pv On 58,934.87 Pv Due 1/21/23
43813RAC1
01/23/23 Paid Down 10,102.72 Par Value Of 10,102.72 - 10,071.54
Honda Auto 1.610% 4/22/24
Trade Date 1/21/23
43813RAC1
01/23/23 Purchased 8,409.39 Units Of - 8,409.39 8,409.39
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/23/23 Matured 450,000 Par Value Of 446,861.25 - 446,861.25
American Honda Fin Corp C P 1/23/23
Trade Date 1/23/23
450,000 Par Value At 100 %
02665KNP8
01/23/23 Interest Earned On 3,138.75
American Honda Fin Corp C P 1/23/23
450,000 Par Value At 100 %
02665KNP8
01/23/23 Cash Disbursement - 3,283.07
Transfer To Principal
1
01/23/23 Cash Receipt 3,283.07
Transfer From Income
1
01/23/23 Purchased 450,000 Units Of - 450,000.00 450,000.00
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/24/23 Interest Earned On 9,375.00
Wells Fargo Mtn 3.750% 1/24/24
0.01875 USD/$1 Pv On 500,000 Par Value Due 1/24/23
95000U2C6
01/24/23 Cash Disbursement - 9,309.75
Transfer To Principal
1
01/24/23 Cash Receipt 9,309.75
Transfer From Income
1
01/24/23 Purchased 9,375 Units Of - 9,375.00 9,375.00
First Am Govt Ob Fd Cl Y
Trade Date 1/24/23
31846V203
00- -M -PF-PC -032-01 00251901 2519
Page 33 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
58
1010101010101010101010110101011010011011101001110010100000001001000100010001111111010101111001010110100111010000001110011000101100010111000010010001110010100101110001000011000000001101011000010011010110000000111000000000101010010111010000111000001101001100110010100001010000100011100011001000100010001000110101010110000110111010001011001000110101010110101001011000101110111000001011111111111111111111
01/25/23 Interest Earned On 1,042.80
F N M A #Bl1359 3.460% 1/01/26
Int Due 01/25/23
3140HSQM6
01/25/23 Interest Earned On 316.89
F N M A #109412 3.680% 8/01/28
Int Due 01/25/23
313637N55
01/25/23 Paid Down 25,976.22 Par Value Of 25,976.22 - 25,964.04
F N M A #Al3251 2.386% 2/01/23
P & I Due 01/25/23
3138EKTH8
01/25/23 Interest Earned On 53.37
F N M A #Al3251 2.386% 2/01/23
P & I Due 01/25/23
3138EKTH8
01/25/23 Paid Down 776.64 Par Value Of 776.64 - 758.50
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Interest Earned On 813.48
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Paid Down 1,857.41 Par Value Of 1,857.41 - 1,859.22
F N M A #Ma4074 2.000% 6/01/35
P & I Due 01/25/23
31418DQ47
01/25/23 Interest Earned On 294.06
F N M A #Ma4074 2.000% 6/01/35
P & I Due 01/25/23
31418DQ47
01/25/23 Interest Earned On 159.34
F N M A Gtd Remic 3.021% 8/25/24
$0.00252/Pv On 63,294.52 Pv Due 1/25/23
3136ALYF2
01/25/23 Paid Down 3,817.59 Par Value Of 3,817.59 - 3,806.41
F N M A Gtd Remic 3.021% 8/25/24
Trade Date 1/25/23
3136ALYF2
01/25/23 Interest Earned On 909.63
F H L M C Mltcl Mt 2.905% 4/25/24
$0.00242/Pv On 375,751.85 Pv Due 1/25/23
3137BYPQ7
01/25/23 Paid Down 456.61 Par Value Of 456.61 - 455.77
F H L M C Mltcl Mt 2.905% 4/25/24
Trade Date 1/25/23
3137BYPQ7
00- -M -PF-PC -032-01 00251901 2519
Page 34 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
59
01/25/23 Interest Earned On 244.35
F H L M C Mltcl Mtg 2.887% 4/25/25
$0.00241/Pv On 101,564.89 Pv Due 1/25/23
3137BM7B6
01/25/23 Paid Down 2,609.01 Par Value Of 2,609.01 - 2,584.65
F H L M C Mltcl Mtg 2.887% 4/25/25
Trade Date 1/25/23
3137BM7B6
01/25/23 Interest Earned On 97.10
F H L M C Mltcl Mtg 3.329% 5/25/25
0.002774 USD/$1 Pv On 35,000 Par Value Due 1/25/23
3137BKRJ1
01/25/23 Interest Earned On 588.38
F H L M C Mltcl Mt 3.284% 6/25/25
0.002737 USD/$1 Pv On 215,000 Par Value Due 1/25/23
3137BLAC2
01/25/23 Interest Earned On 1,022.54
F H L M C Mltcl Mt 3.30433% 2/25/23
$0.00275/Pv On 371,344.96 Pv Due 1/25/23
3137B36J2
01/25/23 Paid Down 327,632.61 Par Value Of 327,632.61 - 327,775.80
F H L M C Mltcl Mt 3.30433% 2/25/23
Trade Date 1/25/23
3137B36J2
01/25/23 Interest Earned On 567.55
F H L M C Mltcl Mt 3.458% 8/25/23
$0.00288/Pv On 196,950.42 Pv Due 1/25/23
3137B5KW2
01/25/23 Paid Down 451.78 Par Value Of 451.78 - 446.63
F H L M C Mltcl Mt 3.458% 8/25/23
Trade Date 1/25/23
3137B5KW2
01/25/23 Interest Earned On 204.79
F H L M C Mltcl Mt 3.250% 4/25/23
$0.00271/Pv On 75,616.49 Pv Due 1/25/23
3137B3NA2
01/25/23 Paid Down 23,020.74 Par Value Of 23,020.74 - 23,139.44
F H L M C Mltcl Mt 3.250% 4/25/23
Trade Date 1/25/23
3137B3NA2
01/25/23 Interest Earned On 438.96
F H L M C Mltcl Mtg 3.010% 8/25/25
$0.00251/Pv On 175,000.00 Pv Due 1/25/23
3137BLMZ8
01/25/23 Interest Earned On 246.98
F H L M C Mltcl Mtg 2.802% 1/25/25
$0.00233/Pv On 105,771.39 Pv Due 1/25/23
3137BLW87
00- -M -PF-PC -032-01 00251901 2519
Page 35 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
60
1010101010101010101010110101011001011011101001110010100000001001000100010001111111010101111001010110100111001100000110011000101100010110010010010001110111100011110001000011010111001101011000011010010110000000110101011000101010010011110000111000001111111001010010100011000001110011100010010111101000001001010001000111100110110011010010011010110100001111010001011000100000111000001011111111111111111111
01/25/23 Paid Down 3,576.32 Par Value Of 3,576.32 - 3,564.03
F H L M C Mltcl Mtg 2.802% 1/25/25
Trade Date 1/25/23
3137BLW87
01/25/23 Interest Earned On 1,033.75
F H L M C Mltcl Mt 3.30804% 9/25/25
$0.00276/Pv On 375,000.00 Pv Due 1/25/23
3137BM7C4
01/25/23 Interest Earned On 787.75
F H L M C Mltcl Mt 3.151% 11/25/25
$0.00263/Pv On 300,000.00 Pv Due 1/25/23
3137BMTX4
01/25/23 Interest Earned On 619.16
F H L M C Mltcl Mt 2.830% 5/25/30
$0.00236/Pv On 262,542.17 Pv Due 1/25/23
3137BPVM8
01/25/23 Paid Down 1,362.13 Par Value Of 1,362.13 - 1,306.79
F H L M C Mltcl Mt 2.830% 5/25/30
Trade Date 1/25/23
3137BPVM8
01/25/23 Interest Earned On 73.51
F H L M C Mltcl Mtg 2.406% 3/25/23
$0.00200/Pv On 36,663.04 Pv Due 1/25/23
3137BQBZ9
01/25/23 Paid Down 23,204.13 Par Value Of 23,204.13 - 23,385.41
F H L M C Mltcl Mtg 2.406% 3/25/23
Trade Date 1/25/23
3137BQBZ9
01/25/23 Interest Earned On 1,422.08
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 500,000.00 Pv Due 1/25/23
3137BUX60
01/25/23 Interest Earned On 571.67
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 200,000.00 Pv Due 1/25/23
3137BVZ82
01/25/23 Interest Earned On 274.25
F H L M C Mltcl Mtg 3.291% 3/25/27
$0.00274/Pv On 100,000.00 Pv Due 1/25/23
3137BXRT1
01/25/23 Interest Earned On 181.61
F H L M C Mltcl Mt 2.920% 9/25/24
$0.00243/Pv On 74,634.61 Pv Due 1/25/23
3137F4CY6
01/25/23 Paid Down 29.9 Par Value Of 29.90 - 28.93
F H L M C Mltcl Mt 2.920% 9/25/24
Trade Date 1/25/23
3137F4CY6
00- -M -PF-PC -032-01 00251901 2519
Page 36 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
61
01/25/23 Interest Earned On 912.50
F H L M C Mltcl Mtg 2.920% 1/25/26
$0.00243/Pv On 375,000.00 Pv Due 1/25/23
3137F4CZ3
01/25/23 Interest Earned On 1,037.20
F H L M C Mltcl Mtg 3.600% 2/25/25
$0.00300/Pv On 345,733.12 Pv Due 1/25/23
3137F4WZ1
01/25/23 Paid Down 535.57 Par Value Of 535.57 - 539.23
F H L M C Mltcl Mtg 3.600% 2/25/25
Trade Date 1/25/23
3137F4WZ1
01/25/23 Interest Earned On 283.23
F H L M C Mltcl Mt 3.038% 8/25/27
$0.00253/Pv On 111,875.24 Pv Due 1/25/23
3137FBAB2
01/25/23 Paid Down 1,782.41 Par Value Of 1,782.41 - 1,936.70
F H L M C Mltcl Mt 3.038% 8/25/27
Trade Date 1/25/23
3137FBAB2
01/25/23 Interest Earned On 1,025.31
F H L M C Mltcl Mt 3.281% 8/25/27
$0.00273/Pv On 375,000.00 Pv Due 1/25/23
3137FBAJ5
01/25/23 Interest Earned On 453.46
F H L M C Mltcl Mt 3.444% 12/25/27
$0.00287/Pv On 158,000.00 Pv Due 1/25/23
3137FEBQ2
01/25/23 Interest Earned On 2,093.75
F H L M C Mltcl Mt 3.350% 1/25/28
$0.00279/Pv On 750,000.00 Pv Due 1/25/23
3137FETN0
01/25/23 Interest Earned On 531.25
F H L M C Mltcl Mt 3.750% 8/25/25
$0.00313/Pv On 170,000.00 Pv Due 1/25/23
3137FJXQ7
01/25/23 Interest Earned On 1,243.79
F H L M C Mltcl Mt 3.950% 12/25/29
$0.00329/Pv On 377,861.44 Pv Due 1/25/23
3137FKKM7
01/25/23 Paid Down 1,206.87 Par Value Of 1,206.87 - 1,226.15
F H L M C Mltcl Mt 3.950% 12/25/29
Trade Date 1/25/23
3137FKKM7
01/25/23 Interest Earned On 1,039.21
F H L M C Mltcl Mt 3.563% 1/25/29
$0.00297/Pv On 350,000.00 Pv Due 1/25/23
3137FL6P4
00- -M -PF-PC -032-01 00251901 2519
Page 37 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
62
1010101010101010101010110101011000011011101001110010100000001001000100010000011111010101111001011010100111001000000101011000101100010101100010010001110000010111110001000010001010001101011001101001010110000000110001001000101010011101100100111000001000100111010010100001001100000011100011000010001011001001010101011110001110111110010101000010110011100110000011011000100000111011101011111111111111111111
01/25/23 Interest Earned On 276.37
F H L M C Mltcl Mt 2.63196% 11/25/28
$0.00219/Pv On 126,051.00 Pv Due 1/25/23
3137FNAD2
01/25/23 Paid Down 508.44 Par Value Of 508.44 - 516.97
F H L M C Mltcl Mt 2.63196% 11/25/28
Trade Date 1/25/23
3137FNAD2
01/25/23 Interest Earned On 321.71
F H L M C Mltcl Mt 2.258% 6/25/29
$0.00188/Pv On 170,971.12 Pv Due 1/25/23
3137FPJF3
01/25/23 Paid Down 639.83 Par Value Of 639.83 - 643.68
F H L M C Mltcl Mt 2.258% 6/25/29
Trade Date 1/25/23
3137FPJF3
01/25/23 Interest Earned On 313.45
F H L M C Mltcl Mt 2.19196% 7/25/29
$0.00183/Pv On 171,755.51 Pv Due 1/25/23
3137FQ3Y7
01/25/23 Paid Down 531.51 Par Value Of 531.51 - 532.88
F H L M C Mltcl Mt 2.19196% 7/25/29
Trade Date 1/25/23
3137FQ3Y7
01/25/23 Purchased 441,470.95 Units Of - 441,470.95 441,470.95
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Interest Earned On 64.85
F N M A Gtd Remic 2.000% 10/25/40
$0.00167/Pv On 38,911.19 Pv Due 1/25/23
3136A8V64
01/25/23 Paid Down 1,423.36 Par Value Of 1,423.36 - 1,339.29
F N M A Gtd Remic 2.000% 10/25/40
Trade Date 1/25/23
3136A8V64
01/25/23 Interest Earned On 214.50
F N M A Gtd Remic 2.000% 11/25/42
$0.00167/Pv On 128,698.27 Pv Due 1/25/23
3136ABNZ2
01/25/23 Paid Down 2,396.3 Par Value Of 2,396.30 - 2,307.94
F N M A Gtd Remic 2.000% 11/25/42
Trade Date 1/25/23
3136ABNZ2
01/25/23 Interest Earned On 59.08
F N M A Gtd Remic 1.250% 4/25/28
$0.00104/Pv On 56,714.20 Pv Due 1/25/23
3136ADZA0
00- -M -PF-PC -032-01 00251901 2519
Page 38 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
63
01/25/23 Paid Down 1,325 Par Value Of 1,325.00 - 1,337.97
F N M A Gtd Remic 1.250% 4/25/28
Trade Date 1/25/23
3136ADZA0
01/25/23 Interest Earned On 136.16
F N M A Gtd Remic 3.103% 7/25/24
$0.00259/Pv On 52,657.11 Pv Due 1/25/23
3136AKXV0
01/25/23 Paid Down 105.11 Par Value Of 105.11 - 104.65
F N M A Gtd Remic 3.103% 7/25/24
Trade Date 1/25/23
3136AKXV0
01/25/23 Interest Earned On 70.29
F N M A Gtd Remic 2.000% 11/25/31
$0.00167/Pv On 42,171.50 Pv Due 1/25/23
3136AQZK9
01/25/23 Paid Down 995.32 Par Value Of 995.32 - 1,022.28
F N M A Gtd Remic 2.000% 11/25/31
Trade Date 1/25/23
3136AQZK9
01/25/23 Interest Earned On 912.15
F N M A Gtd Remic 2.702% 2/25/26
$0.00225/Pv On 405,098.93 Pv Due 1/25/23
3136ARTE8
01/25/23 Paid Down 417.59 Par Value Of 417.59 - 409.83
F N M A Gtd Remic 2.702% 2/25/26
Trade Date 1/25/23
3136ARTE8
01/25/23 Interest Earned On 831.42
F N M A Gtd Remic 2.553% 12/25/26
$0.00213/Pv On 390,702.09 Pv Due 1/25/23
3136AVY52
01/25/23 Paid Down 426.23 Par Value Of 426.23 - 409.66
F N M A Gtd Remic 2.553% 12/25/26
Trade Date 1/25/23
3136AVY52
01/25/23 Interest Earned On 119.38
F H L M C Mltcl 0.826% 9/25/30
$0.00069/Pv On 173,347.18 Pv Due 1/25/23
3137FWHY9
01/25/23 Paid Down 1,055.79 Par Value Of 1,055.79 - 1,050.51
F H L M C Mltcl 0.826% 9/25/30
Trade Date 1/25/23
3137FWHY9
01/25/23 Interest Earned On 951.51
F N M A Gtd Remic 4.000% 7/25/40
$0.00333/Pv On 285,453.82 Pv Due 1/25/23
31398NY24
00- -M -PF-PC -032-01 00251901 2519
Page 39 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
64
1010101010101010101010110101011111011011101001110010100000001001000100010001011111010101111001001110100111000100000000011000101100010111100010010001110110110011110001000011001100101101011001111111110110000000110101110000101010010110010010111000001110110110000010100010000111110111100011101001000001001000001110010001010110110010000101000010110011100110000101011000101100101001101011111111111111111111
01/25/23 Paid Down 6,284.03 Par Value Of 6,284.03 - 6,188.54
F N M A Gtd Remic 4.000% 7/25/40
Trade Date 1/25/23
31398NY24
01/25/23 Paid Down 1,528.28 Par Value Of 1,528.28 - 1,506.79
F H L M C #Zs8585 3.000% 10/01/30
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9RE9
01/25/23 Interest Earned On 218.57
F H L M C #Zs8585 3.000% 10/01/30
December FHLMC Due 1/25/23
3132A9RE9
01/25/23 Paid Down 1,273.33 Par Value Of 1,273.33 - 1,326.89
F H L M C #Zs8673 3.000% 10/01/32
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9T64
01/25/23 Interest Earned On 186.50
F H L M C #Zs8673 3.000% 10/01/32
December FHLMC Due 1/25/23
3132A9T64
01/25/23 Paid Down 1,162.17 Par Value Of 1,162.17 - 1,141.65
F H L M C #Zs8665 3.000% 7/01/32
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9TW7
01/25/23 Interest Earned On 208.09
F H L M C #Zs8665 3.000% 7/01/32
December FHLMC Due 1/25/23
3132A9TW7
01/25/23 Paid Down 969.62 Par Value Of 969.62 - 938.41
F H L M C #Zs8063 2.500% 9/01/32
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A85Y1
01/25/23 Interest Earned On 118.60
F H L M C #Zs8063 2.500% 9/01/32
December FHLMC Due 1/25/23
3132A85Y1
01/25/23 Paid Down 1,560.15 Par Value Of 1,560.15 - 1,676.39
F H L M C #Zt1989 3.500% 1/01/33
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEF68
01/25/23 Interest Earned On 264.61
F H L M C #Zt1989 3.500% 1/01/33
December FHLMC Due 1/25/23
3132AEF68
00- -M -PF-PC -032-01 00251901 2519
Page 40 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
65
01/25/23 Paid Down 1,676.2 Par Value Of 1,676.20 - 1,594.75
F H L M C #Sb8026 2.500% 12/01/34
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D54K5
01/25/23 Interest Earned On 289.85
F H L M C #Sb8026 2.500% 12/01/34
December FHLMC Due 1/25/23
3132D54K5
01/25/23 Paid Down 537.42 Par Value Of 537.42 - 498.46
F H L M C #Sb8057 2.000% 8/01/35
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Interest Earned On 89.76
F H L M C #Sb8057 2.000% 8/01/35
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Paid Down 1,929.52 Par Value Of 1,929.52 - 2,046.00
F H L M C #Sc0096 3.000% 10/01/40
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D9C93
01/25/23 Interest Earned On 313.15
F H L M C #Sc0096 3.000% 10/01/40
December FHLMC Due 1/25/23
3132D9C93
01/25/23 Paid Down 1,601.7 Par Value Of 1,601.70 - 1,540.89
F H L M C #Sb8505 2.500% 10/01/35
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D6NW6
01/25/23 Interest Earned On 320.51
F H L M C #Sb8505 2.500% 10/01/35
December FHLMC Due 1/25/23
3132D6NW6
01/25/23 Paid Down 649.26 Par Value Of 649.26 - 617.71
F H L M C #Sb8015 2.500% 11/01/34
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D53Y6
01/25/23 Interest Earned On 104.02
F H L M C #Sb8015 2.500% 11/01/34
December FHLMC Due 1/25/23
3132D53Y6
01/25/23 Paid Down 155.12 Par Value Of 155.12 - 160.95
F N M A #Bl1077 4.000% 12/01/28
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140HSFT3
00- -M -PF-PC -032-01 00251901 2519
Page 41 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
66
1010101010101010101010110101011110011011101001110010100000001001000100010000111111010101111001000010100111000000000011011000101100010100010010010001110001000111110001000010010001101101011000001100110110000000110001100000101010011000000110111000001001101000000010100000001010000111100010111100100010001000001010001000111110111111000010011010110100001111010111011000101100101010001011111111111111111111
01/25/23 Interest Earned On 406.09
F N M A #Bl1077 4.000% 12/01/28
December FNMA Due 1/25/23
3140HSFT3
01/25/23 Paid Down 168.96 Par Value Of 168.96 - 167.59
F N M A #An0992 3.120% 2/01/26
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138LDC68
01/25/23 Interest Earned On 235.45
F N M A #An0992 3.120% 2/01/26
December FNMA Due 1/25/23
3138LDC68
01/25/23 Paid Down 87.81 Par Value Of 87.81 - 87.78
F N M A #Bm1757 2.536% 4/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Interest Earned On 82.26
F N M A #Bm1757 2.536% 4/01/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Paid Down 202.41 Par Value Of 202.41 - 200.39
F N M A #An1746 2.150% 9/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138LD5G4
01/25/23 Interest Earned On 207.96
F N M A #An1746 2.150% 9/01/23
December FNMA Due 1/25/23
3138LD5G4
01/25/23 Paid Down 169.32 Par Value Of 169.32 - 155.40
F N M A #Bl5365
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140HW6B3
01/25/23 Interest Earned On 171.43
F N M A #Bl5365
December FNMA Due 1/25/23
3140HW6B3
01/25/23 Paid Down 870.96 Par Value Of 870.96 - 454.78
F N M A #Ma0293 4.500% 1/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31417YKF3
01/25/23 Interest Earned On 196.33
F N M A #Ma0293 4.500% 1/01/30
December FNMA Due 1/25/23
31417YKF3
00- -M -PF-PC -032-01 00251901 2519
Page 42 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
67
01/25/23 Paid Down 644.45 Par Value Of 644.45 - 623.10
F N M A #Ma2803 2.500% 11/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418CDH4
01/25/23 Interest Earned On 84.16
F N M A #Ma2803 2.500% 11/01/31
December FNMA Due 1/25/23
31418CDH4
01/25/23 Paid Down 1,421.79 Par Value Of 1,421.79 - 1,490.10
F N M A #Fm1155 2.500% 6/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X4H90
01/25/23 Interest Earned On 185.99
F N M A #Fm1155 2.500% 6/01/32
December FNMA Due 1/25/23
3140X4H90
01/25/23 Paid Down 851.82 Par Value Of 851.82 - 825.73
F N M A #Fm3935 2.500% 11/01/34
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X7LR8
01/25/23 Interest Earned On 96.85
F N M A #Fm3935 2.500% 11/01/34
December FNMA Due 1/25/23
3140X7LR8
01/25/23 Paid Down 1,780.67 Par Value Of 1,780.67 - 1,747.84
F N M A #Ma4112 3.000% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DSA1
01/25/23 Interest Earned On 406.11
F N M A #Ma4112 3.000% 8/01/35
December FNMA Due 1/25/23
31418DSA1
01/25/23 Paid Down 1,589.83 Par Value Of 1,589.83 - 1,663.92
F N M A #Fm3936 2.500% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X7LS6
01/25/23 Interest Earned On 163.74
F N M A #Fm3936 2.500% 8/01/35
December FNMA Due 1/25/23
3140X7LS6
01/25/23 Paid Down 819.45 Par Value Of 819.45 - 864.65
F N M A #Bm1978 3.000% 10/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J6FU6
00- -M -PF-PC -032-01 00251901 2519
Page 43 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
68
1010101010101010101010110101011101011011101001110010100000001001000100010001111111010101101001000010100111011100010011011000101100010110000010010001110100100011110001000010011011101101011001101000110110000000111110111000101010011010010110111000001000110001100010100111100010101011100011110000100001001000001010010010000110110001101111010010110000110111011101011000100100101001101011111111111111111111
01/25/23 Interest Earned On 149.27
F N M A #Bm1978 3.000% 10/01/32
December FNMA Due 1/25/23
3140J6FU6
01/25/23 Paid Down 1,619.14 Par Value Of 1,619.14 - 1,680.70
F N M A #Ma4226 2.000% 12/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DVU3
01/25/23 Interest Earned On 182.29
F N M A #Ma4226 2.000% 12/01/30
December FNMA Due 1/25/23
31418DVU3
01/25/23 Paid Down 3,682.59 Par Value Of 3,682.59 - 3,435.41
F N M A #Ma4279 2.000% 3/01/36
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DXH0
01/25/23 Interest Earned On 661.42
F N M A #Ma4279 2.000% 3/01/36
December FNMA Due 1/25/23
31418DXH0
01/25/23 Paid Down 11,302.66 Par Value Of 11,302.66 - 11,207.96
F N M A #Fm3340 3.500% 5/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X6WA5
01/25/23 Interest Earned On 1,537.97
F N M A #Fm3340 3.500% 5/01/35
December FNMA Due 1/25/23
3140X6WA5
01/25/23 Paid Down 3,321.22 Par Value Of 3,321.22 - 3,105.34
F N M A #Ma4497 2.000% 11/01/36
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418D7K2
01/25/23 Interest Earned On 668.15
F N M A #Ma4497 2.000% 11/01/36
December FNMA Due 1/25/23
31418D7K2
01/25/23 Paid Down 1,145.61 Par Value Of 1,145.61 - 1,089.40
F N M A #Ma4603 2.500% 4/01/37
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418EDH0
01/25/23 Interest Earned On 340.41
F N M A #Ma4603 2.500% 4/01/37
December FNMA Due 1/25/23
31418EDH0
00- -M -PF-PC -032-01 00251901 2519
Page 44 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
69
01/25/23 Paid Down 4,367.3 Par Value Of 4,367.30 - 4,097.76
F N M A #Bm4154 3.000% 3/01/33
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J8TL7
01/25/23 Interest Earned On 894.17
F N M A #Bm4154 3.000% 3/01/33
December FNMA Due 1/25/23
3140J8TL7
01/25/23 Cash Disbursement - 12,143.05
Transfer To Principal
1
01/25/23 Cash Receipt 12,143.05
Transfer From Income
1
01/25/23 Purchased 73,660.54 Units Of - 73,660.54 73,660.54
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/26/23 Interest Earned On 5,066.04
Royal Bk Of Mtn 4.40525% 10/26/23
0.011258 USD/$1 Pv On 450,000 Par Value Due 1/26/23
78015K7K4
01/26/23 Purchased 5,066.04 Units Of - 5,066.04 5,066.04
First Am Govt Ob Fd Cl Y
Trade Date 1/26/23
31846V203
01/26/23 Cash Disbursement - 21,495.23
Transfer To Principal
1
01/26/23 Cash Receipt 21,495.23
Transfer From Income
1
01/27/23 Purchased 560,000 Par Value Of - 560,000.00 560,000.00
F H L M C 5.125% 1/27/25
Trade Date 1/20/23
Purchased Through Sbnyus33 Citgroup Gbl Mkts Ny
Swift External Ref#: 00953900004200A
560,000 Par Value At 100 %
3134GYFG2
01/27/23 Purchased 440,000 Par Value Of - 429,137.50 429,137.50
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 1/24/23
Purchased Through Wfslus33 Wells Fargo Charl Nc
Swift External Ref#: 00953900004220A
440,000 Par Value At 97.53125 %
3137BKRJ1
01/27/23 Paid Accrued Interest On Purchase Of - 1,057.88
F H L M C Mltcl Mtg 3.329% 5/25/25
Income Debit 1,057.88- USD
3137BKRJ1
00- -M -PF-PC -032-01 00251901 2519
Page 45 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
70
1010101010101010101010110101011100011011101001110010100000001001000100010000011111010101101001001110100111011000010000011000101100010101110010010001110011010111110001000011000110101101011000011011110110000000111010101000101010010100000010111000001111101111100010100101101111011011100010100101000010001000001110001011101110111100101000001010110111011110001111011000100100101010001011111111111111111111
01/27/23 Purchased 217,973.24 Par Value Of - 214,337.51 214,337.51
F H L M C Mltcl Mtg 3.725% 12/25/27
Trade Date 1/24/23
Purchased Through Hilltop Securities Inc.
Swift External Ref#: 00953900004230B
217,973.24 Par Value At 98.33203037 %
3137FEZT0
01/27/23 Paid Accrued Interest On Purchase Of - 586.41
F H L M C Mltcl Mtg 3.725% 12/25/27
Income Debit 586.41- USD
3137FEZT0
01/27/23 Cash Disbursement - 3,421.75
Transfer To Principal
1
01/27/23 Cash Receipt 3,421.75
Transfer From Income
1
01/27/23 Sold 1,205,119.3 Units Of 1,205,119.30 - 1,205,119.30
First Am Govt Ob Fd Cl Y
Trade Date 1/27/23
31846V203
01/31/23 Interest Earned On 46,340.04
U S Treasury Nt 0.325% 10/31/23
0.011234 USD/$1 Pv On 4,125,000 Par Value Due 1/31/23
91282CDE8
01/31/23 Purchased 46,340.04 Units Of - 46,340.04 46,340.04
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
01/31/23 Purchased 300,000 Par Value Of - 299,962.08 299,962.08
Potomac Electric Pwr C P 2/01/23
Trade Date 1/30/23
Purchased Through Goldus33 Goldman Sachs Ny
Swift External Ref#: 00953900004240A
300,000 Par Value At 99.98736 %
73768BP16
01/31/23 Sold 299,962.08 Units Of 299,962.08 - 299,962.08
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
00- -M -PF-PC -032-01 00251901 2519
Page 46 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN REF BDS
2021 SERIES A (TAX)AND 2021 SERIES B
SENIOR BDS RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
Ending Balance 01/31/2023 $46,340.04 - $46,340.04 $37,939,716.83
0455205-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 226122002
TRANSACTION DETAIL (continued)
71
195,102.470 First American Government 195,102.47 195,102.47 2.6 7,481.15
Oblig Fd Cl Y 1.0000 1.00 3.83
31846V203
200,000.000 Potomac Electric Pwr C P 200,000.00 199,974.72 2.6 9,227.20
02/01/2023 100.0000 99.99 4.61
375,000.000 U S Treasury Bill 374,958.75 374,914.01 5.0 14,109.38
02/02/2023 99.9890 99.98 3.76
9,057.510 F H L M C Multiclass Mtg Partn 9,026.26 9,064.52 0.1 299.29
C M O Ser K029 Cl A2 99.6550 100.08 3.32
3137B36J2
Standard & Poors Rating: N/A
Moodys Rating: N/A
7,353.080 F N M A Partn Cert 7,301.31 7,350.79 0.1 186.47
Pool #Bm1757 99.2960 99.97 2.55
3140J55T2
Standard & Poors Rating: N/A
Moodys Rating: N/A
13,148.940 F H L M C Multiclass Mtg Partn 13,094.50 13,080.11 0.2 427.34
C M O Ser K030 Cl A2 99.5860 99.48 3.26
3137B3NA2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
922.440 F N M A Gtd R E M I C Pass Thru 918.22 909.18 0.0 13.84
C M O Ser 2013 36 Cl KC 99.5430 98.56 1.51
3136ADFF1
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,000.000 U S Treasury Note 53,648.65 53,100.78 0.7 68.75
0.125 08/15/2023 97.5430 96.55 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
#3763
73768BP16
912796XT1
3.320 02/25/2023
2.493 04/01/2023
04/25/2023 Var
1.500 04/25/2023
91282CAF8
10.2 $30,817.73 $770,061.22 $769,991.20
00- -M -PF-PC -032-01 00251901 2519
Page 3 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Cash Equivalents
Total Cash Equivalents
US Government Issues
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23
STAMP Portfolio for 91CIP - 2021 Series C Reserve Fund
72
1010101010101010101010110101011000011011101001110010100000001001000100010000111111010101001001010110100111001000000111011000101100010001000010010001110111000111110001000010010111001101011000101010010110000000110110100000101010000010000000111000001110101101110010100010001010000111100011001100001000001001010011110001000110101111100010010010110110111111011011011000100010001000101011111111111111111111
39,299.720 F H L M C Multiclass Mtg Partn 38,959.38 38,851.46 0.5 1,358.98
C M O Ser K035 Cl A2 99.1340 98.86 3.49
3137B5KW2
Standard & Poors Rating: N/A
Moodys Rating: N/A
275,000.000 U S Treasury Note 275,049.50 275,566.29 3.6 893.75
10/31/2023 Var 100.0180 100.21 .32
Standard & Poors Rating: N/A
Moodys Rating: Aaa
155,000.000 U S Treasury Note 146,196.00 147,358.99 1.9 387.50
0.250 06/15/2024 94.3200 95.07 .26
Standard & Poors Rating: N/A
Moodys Rating: Aaa
188,998.630 F H L M C Multiclass Mtg Partn 183,481.76 193,995.79 2.4 5,518.76
C M O Ser Kbx1 Cl A1 97.0810 102.64 3.01
3137F4CY6
Standard & Poors Rating: N/A
Moodys Rating: N/A
40,000.000 F H L M C M T N 39,452.00 40,000.00 0.5 1,600.00
4.000 12/30/2024 98.6300 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
15,722.330 F H L M C Multiclass Mtg Partn 15,373.77 15,668.29 0.2 440.54
C M O Ser K050 Cl A1 97.7830 99.66 2.87
3137BLW87
Standard & Poors Rating: N/A
Moodys Rating: N/A
110,000.000 F H L M C 110,041.80 110,000.00 1.5 5,637.50
5.125 01/27/2025 100.0380 100.00 5.12
Standard & Poors Rating: AA+
Moodys Rating: Aaa
24,507.810 G N M A Pass Thru Cert 24,680.10 24,853.72 0.3 1,102.85
Pool #711168 100.7030 101.41 4.47
36297GCD0
Standard & Poors Rating: N/A
Moodys Rating: N/A
08/25/2023 Var
91282CDE8
91282CCG4
2.920 09/25/2024
3134GXA61
2.802 01/25/2025
3134GYFG2
4.500 02/15/2025
00- -M -PF-PC -032-01 00251901 2519
Page 4 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
73
85,000.000 Federal Home Loan Bks 81,312.70 85,000.00 1.1 1,870.00
2.200 02/28/2025 95.6620 100.00 2.30
Standard & Poors Rating: AA+
Moodys Rating: Aaa
50,000.000 U S Treasury Note 47,883.00 51,148.44 0.6 1,062.50
2.125 05/15/2025 95.7660 102.30 2.22
Standard & Poors Rating: N/A
Moodys Rating: Aaa
100,000.000 F H L M C Multiclass Mtg Partn 97,581.00 97,845.90 1.3 3,329.00
C M O Ser K047 Cl A2 97.5810 97.85 3.41
3137BKRJ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
150,000.000 F H L M C Multiclass Mtg Partn 146,217.00 158,296.50 1.9 4,926.00
C M O Ser K048 Cl A2 97.4780 105.53 3.37
3137BLAC2
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,000.000 F H L M C Multiclass Mtg Partn 33,894.35 33,709.38 0.5 1,053.50
C M O Ser K049 Cl A2 96.8410 96.31 3.11
3137BLMZ8
Standard & Poors Rating: N/A
Moodys Rating: N/A
200,000.000 F H L M C Multiclass Mtg Partn 191,078.00 208,911.36 2.5 5,698.00
C M O Ser Kir1 Cl A2 95.5390 104.46 2.98
3137BP4K2
Standard & Poors Rating: N/A
Moodys Rating: N/A
73,937.990 F N M A Partn Cert 70,217.43 71,615.89 0.9 1,885.42
Pool #An1613 94.9680 96.86 2.68
3138LDYK3
Standard & Poors Rating: N/A
Moodys Rating: N/A
6,834.870 G N M A Gtd R E M I C Pass Thru 6,799.47 6,942.66 0.1 205.05
C M O Ser 2011 158 Cl Ca 99.4820 101.58 3.02
38378AU90
Standard & Poors Rating: N/A
Moodys Rating: N/A
3130AR2C4
912828XB1
3.329 05/25/2025
06/25/2025 Var
3.010 08/25/2025
2.849 03/25/2026
2.550 07/01/2026
3.000 10/20/2026
00- -M -PF-PC -032-01 00251901 2519
Page 5 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
74
1010101010101010101010110101011111011011101001110010100000001001000100010000011111010101001001010110100111000100011000011000101100010101110010010001110011110011110001000011101100101101011000000101110110000000100011010000101010000110100110111000001011010101000010100110100011110111100010110011111111001000000001001101110110111100001101001000110101010100101011011000100111111000101011111111111111111111
28,592.290 F H L M C Multiclass Mtg Partn 27,969.84 28,295.21 0.4 571.85
C M O Ser 4272 Cl Yg 97.8230 98.96 2.04
3137B6DF5
Standard & Poors Rating: N/A
Moodys Rating: N/A
34,728.680 G N M A I I Pass Thru Cert 33,675.36 35,927.59 0.5 1,041.86
Pool #005300 96.9670 103.45 3.09
36202F3H7
Standard & Poors Rating: N/A
Moodys Rating: N/A
68,792.550 G N M A Pass Thru Cert 66,772.80 70,867.75 0.9 2,063.78
Pool #778953 97.0640 103.02 3.09
36176XE21
Standard & Poors Rating: N/A
Moodys Rating: N/A
25,000.000 F H L M C Multiclass Mtg Partn 24,069.50 24,175.78 0.3 822.75
C M O Ser S8Fx Cl A2 96.2780 96.70 3.42
3137BXRT1
Standard & Poors Rating: N/A
Moodys Rating: N/A
54,544.600 F H L M C Multiclass Mtg Partn 51,700.10 55,325.07 0.7 818.17
C M O Ser 4039 Cl Qb 94.7850 101.43 1.58
3137AQQE1
Standard & Poors Rating: N/A
Moodys Rating: N/A
23,685.820 G N M A Partn Cert 22,987.09 24,548.73 0.3 710.57
Pool #779250 97.0500 103.64 3.09
36176XQB8
Standard & Poors Rating: N/A
Moodys Rating: N/A
34,040.600 G N M A Gtd R E M I C Pass Thru 32,075.44 34,498.62 0.4 510.61
C M O Ser 2012 96 Cl Ad 94.2270 101.35 1.59
38378HAU0
Standard & Poors Rating: N/A
Moodys Rating: N/A
119,267.240 F H L M C Multiclass Mtg Partn 115,714.27 129,591.05 1.5 3,623.34
C M O Ser Kir3 Cl A1 97.0210 108.66 3.13
3137FBAB2
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.000 11/15/2026
3.000 02/20/2027
3.000 03/15/2027
3.291 03/25/2027
1.500 05/15/2027
3.000 05/15/2027
1.500 08/20/2027
3.038 08/25/2027
00- -M -PF-PC -032-01 00251901 2519
Page 6 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
75
200,000.000 F H L M C Multiclass Mtg Partn 192,144.00 210,479.94 2.6 6,562.00
C M O Ser Kir3 Cl A2 96.0720 105.24 3.41
3137FBAJ5
Standard & Poors Rating: N/A
Moodys Rating: N/A
23,630.930 F N M A Gtd R E M I C Pass Thru 22,264.59 23,985.00 0.3 354.46
C M O Ser 2012 102 Cl Bj 94.2180 101.50 1.59
3136A8SX9
Standard & Poors Rating: N/A
Moodys Rating: N/A
41,396.090 F H L M C Multiclass Mtg Partn 40,571.89 42,081.86 0.5 1,034.90
C M O Ser 4328 Cl Ea 98.0090 101.66 2.55
3137B9RN7
Standard & Poors Rating: N/A
Moodys Rating: N/A
44,325.680 G N M A I I Pass Thru Cert 42,842.54 45,886.28 0.6 1,329.77
Pool #Ma0602 96.6540 103.52 3.10
36179MU32
Standard & Poors Rating: N/A
Moodys Rating: N/A
25,000.000 F H L M C Multiclass Mtg Partn 24,396.00 24,608.40 0.3 861.00
C M O Ser K072 Cl A2 97.5840 98.43 3.53
3137FEBQ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
43,594.650 F H L M C Multiclass Mtg Partn 42,889.29 42,867.50 0.6 1,623.90
C M O Ser K076 Cl A 1 98.3820 98.33 3.79
3137FEZT0
Standard & Poors Rating: N/A
Moodys Rating: N/A
17,382.090 G N M A I I Pass Thru Cert 16,814.91 18,029.97 0.2 521.46
Pool #Ma0909 96.7370 103.73 3.10
36179NAJ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
49,266.320 G N M A I I Partn Cert 47,562.69 51,418.60 0.6 1,477.99
Pool #Ma1134 96.5420 104.37 3.11
36179NHK7
3.281 08/25/2027
1.500 09/15/2027
2.500 12/15/2027
3.000 12/20/2027
3.444 12/25/2027
3.725 12/25/2027
3.000 04/20/2028
3.000 07/20/2028
00- -M -PF-PC -032-01 00251901 2519
Page 7 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
76
1010101010101010101010110101011110011011101001110010100000001001000100010001111111010101001001011010100111000000011011011000101100010110000010010001110100000111110001000010110001101101011001110110110110000000100111000000101010001000110010111000001100001011000010100100101110000111100011100110011100001000000101010100011110110001001010010000110010111101111001011000100111111011001011111111111111111111
28,097.800 F N M A Gtd R E M I C Pass Thru 26,632.50 28,560.60 0.4 491.71
C M O Ser 2013 70 Cl Dg 94.7850 101.65 1.85
3136AEY84
Standard & Poors Rating: N/A
Moodys Rating: N/A
15,000.000 F N M A Partn Cert 14,714.40 14,451.56 0.2 552.00
Pool #109412 98.0960 96.34 3.75
313637N55
Standard & Poors Rating: N/A
Moodys Rating: N/A
4,399.160 F H L M C Multiclass Mtg Partn 4,261.51 4,423.14 0.1 109.98
C M O Ser 4257 Cl Ek 96.8710 100.55 2.58
3137B5A60
Standard & Poors Rating: N/A
Moodys Rating: N/A
139,491.740 F H L M C Multiclass Mtg Partn 132,916.10 141,831.68 1.8 3,671.37
C M O Ser K095 Cl A1 95.2860 101.68 2.76
3137FNAD2
Standard & Poors Rating: N/A
Moodys Rating: N/A
23,548.120 F N M A Partn Cert 23,488.78 24,433.02 0.3 941.92
Pool #Bl1077 99.7480 103.76 4.01
3140HSFT3
Standard & Poors Rating: N/A
Moodys Rating: N/A
184,141.960 F H L M C Multiclass Mtg Partn 173,290.47 185,250.48 2.3 4,157.93
C M O Ser K099 Cl A1 94.1070 100.60 2.40
3137FPJF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
84,938.970 F H L M C Multiclass Mtg Partn 79,898.69 89,106.83 1.1 1,894.14
C M O Ser KC05 Cl Asb 94.0660 104.91 2.37
3137FPJP1
Standard & Poors Rating: N/A
Moodys Rating: N/A
185,107.050 F H L M C Multiclass Mtg Partn 172,641.94 185,582.95 2.3 4,057.47
C M O Ser K101 Cl A1 93.2660 100.26 2.35
3137FQ3Y7
Standard & Poors Rating: N/A
Moodys Rating: N/A
1.750 07/25/2028
3.680 08/01/2028
2.500 10/15/2028
2.631 11/25/2028
4.000 12/01/2028
2.258 06/25/2029
2.230 07/25/2029
2.190 07/25/2029
00- -M -PF-PC -032-01 00251901 2519
Page 8 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
77
29,305.720 F N M A Partn Cert 29,804.80 31,119.67 0.4 1,318.76
Pool #Ma0293 101.7030 106.19 4.42
31417YKF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
138,318.920 F H L M C Gold Partn Cert 134,634.10 146,789.33 1.8 4,149.57
Pool #J32243 97.3360 106.12 3.08
31307NP40
Standard & Poors Rating: N/A
Moodys Rating: N/A
47,730.160 G N M A I I Partn Cert 47,179.35 49,906.30 0.6 1,670.56
Pool #Ma2936 98.8460 104.56 3.54
36179RHM4
Standard & Poors Rating: N/A
Moodys Rating: N/A
11,811.050 F H L M C Gold Partn Cert 11,513.88 11,309.08 0.2 354.33
Pool #G18569 97.4840 95.75 3.08
3128MMT37
Standard & Poors Rating: N/A
Moodys Rating: N/A
172,291.390 F H L M C Multiclass Mtg Partn 147,748.48 171,429.92 2.0 1,423.13
C M O Ser 2020 P003 Cl A1 85.7550 99.50 .96
3137FWHY9
Standard & Poors Rating: N/A
Moodys Rating: N/A
8,589.900 F H L M C Partn Cert Mirror 8,344.40 8,469.12 0.1 257.70
Pool #Zs8585 97.1420 98.59 3.09
3132A9RE9
Standard & Poors Rating: N/A
Moodys Rating: N/A
123,148.730 F N M A Partn Cert Umbs 114,988.90 127,830.99 1.5 2,462.97
Pool #Ma4226 93.3740 103.80 2.14
31418DVU3
Standard & Poors Rating: N/A
Moodys Rating: N/A
48,587.890 F N M A Gtd R E M I C Pass Thru 45,612.85 49,904.08 0.6 971.76
C M O Ser 2015 89 Cl Ke 93.8770 102.71 2.13
3136AQZK9
Standard & Poors Rating: N/A
Moodys Rating: N/A
4.500 01/01/2030
3.000 07/01/2030
3.500 07/20/2030
3.000 09/01/2030
0.826 09/25/2030
3.000 10/01/2030
2.000 12/01/2030
2.000 11/25/2031
00- -M -PF-PC -032-01 00251901 2519
Page 9 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
78
1010101010101010101010110101011101011011101001110010100000001001000100010000011111010100111001000010100111011100011100011000101100010100010010010001110000001101110001000011000001101101011001111001010110000000101111001000101010000100100010111000001101110100000010100001101111100011100010101011100100001001100000000110000110100111000000111110110010010100000001011000101111111011001011111111111111111111
44,270.590 G N M A I I Partn Cert 43,435.20 46,523.94 0.6 1,549.47
Pool #Ma4691 98.1130 105.09 3.57
36179TF83
Standard & Poors Rating: N/A
Moodys Rating: N/A
78,965.350 F H L M C Partn Cert Mirror 76,510.32 82,287.03 1.0 2,368.96
Pool #Zs8673 96.8910 104.21 3.10
3132A9T64
Standard & Poors Rating: N/A
Moodys Rating: N/A
64,778.150 F N M A Partn Cert 62,762.25 68,351.31 0.8 1,943.34
Pool #Bm1978 96.8880 105.52 3.10
3140J6FU6
Standard & Poors Rating: N/A
Moodys Rating: N/A
34,448.900 F H L M C Partn Cert 33,756.48 33,587.67 0.5 1,205.71
Pool #Zt1989 97.9900 97.50 3.57
3132AEF68
Standard & Poors Rating: N/A
Moodys Rating: N/A
25,799.950 F N M A Partn Cert 25,156.24 25,138.83 0.3 903.00
Pool #Fm3340 97.5050 97.44 3.59
3140X6WA5
Standard & Poors Rating: N/A
Moodys Rating: N/A
33,773.170 F N M A Partn Cert Umbs 30,775.80 33,784.40 0.4 675.46
Pool #Ma4074 91.1250 100.03 2.19
31418DQ47
Standard & Poors Rating: N/A
Moodys Rating: N/A
13,329.550 F H L M C Partn Cert 12,146.29 12,019.50 0.2 266.59
Pool #Sb8057 91.1230 90.17 2.19
3132D55S7
Standard & Poors Rating: N/A
Moodys Rating: N/A
32,132.570 F N M A Partn Cert Umbs 30,822.53 31,540.14 0.4 963.98
Pool #Ma4112 95.9230 98.16 3.13
31418DSA1
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.500 09/20/2032
3.000 10/01/2032
3.000 10/01/2032
3.500 01/01/2033
3.500 05/01/2035
2.000 06/01/2035
2.000 08/01/2035
3.000 08/01/2035
00- -M -PF-PC -032-01 00251901 2519
Page 10 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
79
15,285.620 F H L M C Partn Cert 14,310.86 14,705.26 0.2 382.14
Pool #Sb8505 93.6230 96.20 2.67
3132D6NW6
Standard & Poors Rating: N/A
Moodys Rating: N/A
149,779.770 F N M A Partn Cert Umbs 136,480.82 154,770.95 1.8 2,995.60
Pool #Ma4279 91.1210 103.33 2.19
31418DXH0
Standard & Poors Rating: N/A
Moodys Rating: N/A
24,122.020 G N M A Gtd R E M I C Pass Thru 23,671.90 24,593.56 0.3 723.66
C M O Ser 2010 166 Cl Gp 98.1340 101.95 3.06
38377RVK8
Standard & Poors Rating: N/A
Moodys Rating: N/A
34,805.550 G N M A Gtd R E M I C Pass Thru 34,372.57 35,692.98 0.5 1,392.22
C M O Ser 2010 19 Cl Ua 98.7560 102.55 4.05
38376V2E6
Standard & Poors Rating: N/A
Moodys Rating: N/A
30,985.600 G N M A Gtd R E M I C Pass Thru 30,533.21 32,001.14 0.4 1,239.42
C M O Ser 2010 15 Cl Pd 98.5400 103.28 4.06
38376WA62
Standard & Poors Rating: N/A
Moodys Rating: N/A
12,572.760 G N M A Gtd R E M I C Pass Thru 12,231.79 12,771.71 0.2 377.18
C M O Ser 2010 6 Cl Ab 97.2880 101.58 3.08
38376TTT9
Standard & Poors Rating: N/A
Moodys Rating: N/A
26,465.110 G N M A Gtd R E M I C Pass Thru 26,260.01 26,142.57 0.4 529.30
C M O Ser 2011 136 Cl Ga 99.2250 98.78 2.02
38377YTL4
Standard & Poors Rating: N/A
Moodys Rating: N/A
27,916.990 F N M A Gtd R E M I C Pass Thru 27,427.88 27,306.31 0.4 1,116.68
C M O Ser 2010 123 Cl Pm 98.2480 97.81 4.07
31398NY24
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.500 10/01/2035
2.000 03/01/2036
3.000 04/20/2039
4.000 07/16/2039
4.000 10/20/2039
3.000 11/20/2039
2.000 05/20/2040
4.000 07/25/2040
00- -M -PF-PC -032-01 00251901 2519
Page 11 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
80
1010101010101010101010110101011100011011101001110010100000001001000100010001111111010100111001001110100111011000011111011000101100010111100010010001110111111001110001000010011100101101011000001010010110000000101011011000101010001010110110111000001010101010000010100011100010010011100011111110000111001001100100011111101110101010000111100110110101111101010011011000101111111000101011111111111111111111
6,460.870 G N M A Gtd R E M I C Pass Thru 6,339.21 6,534.42 0.1 193.83
C M O Ser 2011 18 Cl Pg 98.1170 101.14 3.06
38377QKH9
Standard & Poors Rating: N/A
Moodys Rating: N/A
143,329.720 F H L M C Partn Cert 134,626.74 151,982.09 1.8 4,299.89
Pool #Sc0096 93.9280 106.04 3.19
3132D9C93
Standard & Poors Rating: N/A
Moodys Rating: N/A
9,664.270 G N M A Gtd R E M I C Pass Thru 9,357.62 9,543.46 0.1 144.96
C M O Ser 2013 47 Cl Ec 96.8270 98.75 1.55
38378JZD7
Standard & Poors Rating: N/A
Moodys Rating: N/A
42,581.310 G N M A Gtd R E M I C Pass Thru 40,559.55 42,629.77 0.5 1,064.53
C M O Ser 2013 71 Cl Ga 95.2520 100.11 2.63
38378TAF7
Standard & Poors Rating: N/A
Moodys Rating: N/A
91,920.840 G N M A Gtd R E M I C Pass Thru 84,593.83 90,570.76 1.1 1,838.42
C M O Ser 2013 5 Cl Je 92.0290 98.53 2.17
38378FRB8
Standard & Poors Rating: N/A
Moodys Rating: N/A
28,027.900 F N M A Gtd R E M I C Pass Thru 27,023.38 28,511.33 0.4 560.56
C M O Ser 2012 148 Cl Mc 96.4160 101.72 2.07
3136ABNZ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
108,565.510 F H L M C Multiclass Mtg Partn 100,646.74 110,809.31 1.3 1,899.90
C M O Ser 4165 Cl Te 92.7060 102.07 1.89
3137AYSH5
Standard & Poors Rating: N/A
Moodys Rating: N/A
7,031.350 G N M A Gtd R E M I C Pass Thru 6,882.71 7,070.91 0.1 210.94
C M O Ser 2018 153 Cl Wj 97.8860 100.56 3.06
38381AZ58
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.000 08/20/2040
3.000 10/01/2040
1.500 12/20/2040
2.500 07/20/2041
2.000 07/20/2042
2.000 11/25/2042
1.750 12/15/2042
3.000 11/20/2045
00- -M -PF-PC -032-01 00251901 2519
Page 12 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
81
30,000.000 Simon Ppty Group L P 29,816.70 30,000.00 0.4 1,287.45
01/11/2024 Var 99.3890 100.00 4.32
Standard & Poors Rating: A-
Moodys Rating: A3
100,000.000 IBM Corp 98,662.00 100,071.00 1.3 3,625.00
3.625 02/12/2024 98.6620 100.07 3.67
Standard & Poors Rating: A-
Moodys Rating: A3
100,000.000 American Express Co 98,427.00 99,509.00 1.3 3,400.00
3.400 02/22/2024 98.4270 99.51 3.45
Standard & Poors Rating: BBB+
Moodys Rating: A2
90,000.000 Goldman Sachs Group Inc 89,868.60 90,079.11 1.2 3,388.79
03/08/2024 Var 99.8540 100.09 3.77
Standard & Poors Rating: BBB+
Moodys Rating: A2
1,204.280 Ford Credit Auto Owner Trust 1,202.67 1,211.43 0.0 22.52
A B S Ser 2019 Cl A3 99.8660 100.59 1.87
34531KAD4
Standard & Poors Rating: AAA
Moodys Rating: Aaa
90,000.000 Jpmorgan Chase Co 90,018.90 90,371.70 1.2 3,509.92
03/16/2024 Var 100.0210 100.41 3.90
Standard & Poors Rating: A-
Moodys Rating: A1
100,000.000 Bank Of America Corp 99,200.00 102,044.00 1.3 4,000.00
Medium Term Note 99.2000 102.04 4.03
06051GFF1
Standard & Poors Rating: A-
Moodys Rating: A2
828807DR5
459200HU8
025816CC1
38141GXW9
1.870 03/15/2024
46647PCA2
4.000 04/01/2024
61.0 $119,224.49 $4,595,011.59 $4,885,125.50
00- -M -PF-PC -032-01 00251901 2519
Page 13 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total US Government Issues
Corporate Issues
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
82
1010101010101010101010110101011011011011101001110010100000001001000100010001111111010100111001000010100111010100011100011000101100010001110010010001110101110001110001000010000000001101011000111100110110000000100011111000101010010001001100111000001001100111110010100100101011101011100010110001110110001000100110111101001110111101110110111010110000101100011111011000101011111000001011111111111111111111
90,000.000 Southern Ca Edison Co 1M Glbl 2021C 89,877.60 90,191.70 1.2 4,028.85
24 99.8640 100.21 4.48
842400HC0
Standard & Poors Rating: A-
Moodys Rating: A3
75,000.000 Suntrust Bank 73,770.75 74,820.00 1.0 2,400.00
3.200 04/01/2024 98.3610 99.76 3.25
Standard & Poors Rating: A
Moodys Rating: A2
100,000.000 Comcast Corp 98,858.00 100,302.00 1.3 3,700.00
3.700 04/15/2024 98.8580 100.30 3.74
Standard & Poors Rating: A-
Moodys Rating: A3
9,766.440 Honda Auto Receivables 9,686.84 9,736.30 0.1 157.24
A B S Ser 2020 1 Cl A3 99.1850 99.69 1.62
43813RAC1
Standard & Poors Rating: N/A
Moodys Rating: Aaa
100,000.000 Morgan Stanley 99,063.00 100,224.00 1.3 3,875.00
Medium Term Note 99.0630 100.22 3.91
61746BDQ6
Standard & Poors Rating: A-
Moodys Rating: A1
17,468.670 Carmax Auto Owner Trust 17,402.81 17,564.89 0.2 380.82
A B S Ser 2019 3 Cl A3 99.6230 100.55 2.19
14315PAD7
Standard & Poors Rating: AAA
Moodys Rating: N/A
3,804.090 Toyota Auto Receivables 3,767.57 3,764.26 0.1 51.74
A B S Ser 2020 B Cl A3 99.0400 98.95 1.37
89239RAC0
Standard & Poors Rating: AAA
Moodys Rating: Aaa
59,198.560 Gm Fin Cons Auto Rec Tr 59,000.84 58,874.05 0.8 124.32
A B S Ser 2021 3 Cl A2 99.6660 99.45 .21
380140AB9
Standard & Poors Rating: AAA
Moodys Rating: N/A
04/01/2021 Var
86787EBC0
20030NCR0
1.610 04/22/2024
3.875 04/29/2024
2.180 08/15/2024
1.360 08/15/2024
0.210 08/16/2024
00- -M -PF-PC -032-01 00251901 2519
Page 14 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
83
10,363.210 Carmax Auto Owner Trust 10,266.42 10,362.43 0.1 291.21
A B S Ser 2022 2 Cl A 2A 99.0660 99.99 2.84
14317HAB7
Standard & Poors Rating: AAA
Moodys Rating: Aaa
125,000.000 Wells Fargo Co 118,316.25 117,652.50 1.6 1,006.25
Medium Term Note 94.6530 94.12 .85
95000U2T9
Standard & Poors Rating: BBB+
Moodys Rating: A1
14,425.340 CNH Equipment Trust 14,238.82 14,258.55 0.2 167.33
A B S Ser 2020 A Cl A3 98.7070 98.84 1.17
12597PAC2
Standard & Poors Rating: AAA
Moodys Rating: Aaa
75,000.000 Discover Card Execution Note Trust 75,004.50 75,087.89 1.0 3,834.48
A B S Ser 2018 A2 Cl A2 100.0060 100.12 5.11
254683CE3
Standard & Poors Rating: AAA
Moodys Rating: Aaa
100,000.000 American Express Credit Account 100,024.00 100,265.63 1.3 5,101.65
A B S Ser 2018 3 Cl A 100.0240 100.27 5.10
02582JHS2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
55,959.320 Carmax Auto Owner Tr 53,996.27 55,111.19 0.7 190.26
A B S Ser 2021 1 Cl A 3 96.4920 98.48 .35
14316NAC3
Standard & Poors Rating: AAA
Moodys Rating: N/A
45,457.970 Carmax Auto Own 43,845.12 44,749.46 0.6 236.38
A B S Ser 2021 2 Cl A3 96.4520 98.44 .54
14314QAC8
Standard & Poors Rating: AAA
Moodys Rating: N/A
75,000.000 Capital One Multi Asset Execution 74,988.75 75,114.26 1.0 3,850.98
A B S Ser 2018 A2 Cl A2 99.9850 100.15 5.13
14041NFS5
Standard & Poors Rating: AAA
Moodys Rating: N/R
2.810 05/15/2025
0.805 05/19/2025
1.160 06/16/2025
08/15/2025 Var
10/15/2025 Var
12/15/2025 Var
02/17/2026 Var
03/16/2026 Var
00- -M -PF-PC -032-01 00251901 2519
Page 15 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
84
1010101010101010101010110101011010011011101001110010100000001001000100010000011111010100111001001110100111010000011111011000101100010010000010010001110010000101110001000011011101001101011001001111110110000000100111101000101010011111011000111000001110111001110010100110100110011011100011100100010101001000100010100100100110110000110001100010110111000101001101011000101011111011101011111111111111111111
45,697.470 Harley Davidson Mtrc Tr 44,077.04 44,021.31 0.6 255.91
A B S Ser 2021 B Cl A 3 96.4540 96.33 .58
41285AAC1
Standard & Poors Rating: N/A
Moodys Rating: Aaa
25,000.000 Capital One Multi Asset 24,138.25 24,335.94 0.3 700.00
A B S Ser 2022 A1 Cl A1 96.5530 97.34 2.90
14041NFZ9
Standard & Poors Rating: AAA
Moodys Rating: N/A
90,000.000 Royal Bk Of Canada 90,043.20 90,377.55 1.2 3,964.73
Medium Term Note 100.0480 100.42 4.40
78015K7K4
Standard & Poors Rating: A
Moodys Rating: A1
75,000.000 Bank Of Montreal 73,794.00 73,166.25 1.0 2,475.00
Medium Term Note 98.3920 97.56 3.35
06367WHH9
Standard & Poors Rating: A-
Moodys Rating: A2
75,000.000 Bank Of Nova Scotia 73,900.50 73,228.50 1.0 2,550.00
3.400 02/11/2024 98.5340 97.64 3.45
Standard & Poors Rating: A-
Moodys Rating: A2
125,000.000 Toronto Dominion Bank 121,800.00 122,986.25 1.6 2,937.50
Medium Term Note 97.4400 98.39 2.41
89114TZR6
Standard & Poors Rating: A
Moodys Rating: A1
0.560 11/15/2026
2.800 03/15/2027
10/26/2023 Var
3.300 02/05/2024
064159MK9
2.350 03/08/2024
20.1 $49,586.10 $1,517,518.70 $1,529,722.60
4.8 $11,927.23 $359,537.70 $359,758.55
00- -M -PF-PC -032-01 00251901 2519
Page 16 of 52
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Corporate Issues
Foreign Issues
Total Foreign Issues
Municipal Issues
ACCOUNT NUMBER: 238302001
ASSET DETAIL AS OF 01/31/23 (continued)
85
45,000.000 New York Ny Taxable Go Bds Fiscal 44,878.50 45,105.30 0.6 517.50
1.150 03/01/2023 Taxable 99.7300 100.23 1.15
Standard & Poors Rating: AA
Moodys Rating: Aa2
70,000.000 Port Auth N Y N J Taxable 68,938.80 69,628.05 0.9 760.20
Consolidated Nts AAA Ny 98.4840 99.47 1.10
73358W4V3
Standard & Poors Rating: AA-
Moodys Rating: Aa3
55,000.000 San Diego Cnty Calif Regl Arptauth 54,056.20 55,000.00 0.7 359.70
Arpt Rev Taxable Sub Ref Bds 2021 Ca 98.2840 100.00 .66
79739GPB6
Standard & Poors Rating: N/A
Moodys Rating: A2
50,000.000 University Wa Univ Revs Taxable 49,372.00 50,000.00 0.7 735.00
Gen Ref Bds 2022 B 98.7440 100.00 1.49
91523NWT9
Standard & Poors Rating: AA+
Moodys Rating: Aaa
80,000.000 Ref Bds 2021 77,239.20 80,000.00 1.0 736.80
0.921 02/01/2024 Taxable 96.5490 100.00 .95
Standard & Poors Rating: AAA
Moodys Rating: Aaa
Principal Cash - 3,089.34 - 3,089.34
Income Cash 3,089.34 3,089.34
Total Cash
64966QJD3
1.086 07/01/2023 Taxable
0.654 07/01/2023 Taxable
1.470 07/01/2023 Taxable
346604LK5
3.9 $3,109.20 $294,484.70 $299,733.35
0.0$0.00 $0.00
100.0 $214,664.75 $7,536,613.91 $7,844,331.20
00- -M -PF-PC -032-01 00251901 2519
Page 17 of 52
Security Description
Cash
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Municipal Issues
ACCOUNT NUMBER: 238302001
Total Assets
ASSET DETAIL AS OF 01/31/23 (continued)
86
1010101010101010101010110101011001011011101001110010100000001001000100010000011111010100111001001110100111001100010111011000101100010011010010010001110111000011110001000011001010001101011001000110110110000000101010110000101010011011111000111000001100001100010010100100110111001011100010111011011111001001000110110101000110111001101000110000110110011100110101011000100101111011101011111111111111111111
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services
believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for
which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values
shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may
be updated less frequently than statement generation.
For further information, please contact your Analyst.
Yield at Market and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for
making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they
provide no guarantee of what your investments may earn in the future.
00- -M -PF-PC -032-01 00251901 2519
Page 18 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
ASSET DETAIL MESSAGES
87
1010101010101010101010110101011000011011101001110010100000001001000100010001111111010100111001000010100111001000010100011000101100010000100010010001110000110111110001000010010111001101011000110101110110000000101110100000101010010101101100111000001011010010010010100110111010111011100011101110111100001001000010101100101110110100101111101000110001110101100111011000100101111000001011111111111111111111
01/03/23 Distributed 0.01 Par Value Of - 0.01
F N M A #Bm6007 2.596% 6/01/49
Valued At 0.01 USD
Market Value Of 0.01 USD
To Clear Small Difference
3140JAU97
01/03/23 Interest Earned On 380.10
Port Auth N Y N J Ny 1.086% 7/01/23
0.00543 USD/$1 Pv On 70,000 Par Value Due 1/1/23
73358W4V3
01/03/23 Interest Earned On 179.85
San Diego Cnty Ca 0.654% 7/01/23
0.00327 USD/$1 Pv On 55,000 Par Value Due 1/1/23
79739GPB6
01/03/23 Interest Earned On 1,007.21
Southern Ca Edison 4.4765% 4/01/24
0.011191 USD/$1 Pv On 90,000 Par Value Due 1/1/23
842400HC0
01/03/23 Interest Earned On 367.50
University Wa 1.470% 7/01/23
0.00735 USD/$1 Pv On 50,000 Par Value Due 1/1/23
91523NWT9
01/03/23 Cash Disbursement - 1,934.66
Transfer To Principal
1
01/03/23 Cash Receipt 1,934.66
Transfer From Income
1
01/03/23 Purchased 1,934.66 Units Of - 1,934.66 1,934.66
First Am Govt Ob Fd Cl Y
Trade Date 1/3/23
31846V203
01/03/23 Interest Earned On 168.54
First Am Govt Ob Fd Cl Y
Interest From 12/1/22 To 12/31/22
31846V203
01/04/23 Cash Disbursement - 168.54
Transfer To Principal
1
01/04/23 Cash Receipt 168.54
Transfer From Income
1
01/04/23 Purchased 168.54 Units Of - 168.54 168.54
First Am Govt Ob Fd Cl Y
Trade Date 1/4/23
31846V203
00- -M -PF-PC -032-01 00251901 2519
Page 20 of 52
Beginning Balance 01/01/2023 $.00 $.00 $7,686,825.16
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL
88
01/11/23 Interest Earned On 329.02
Simon Ppty L P 4.2915% 1/11/24
0.010967 USD/$1 Pv On 30,000 Par Value Due 1/11/23
828807DR5
01/11/23 Cash Disbursement - 329.02
Transfer To Principal
1
01/11/23 Cash Receipt 329.02
Transfer From Income
1
01/11/23 Purchased 329.02 Units Of - 329.02 329.02
First Am Govt Ob Fd Cl Y
Trade Date 1/11/23
31846V203
01/17/23 Interest Earned On 425.14
American Express 5.10165% 10/15/25
$0.00425/Pv On 100,000.00 Pv Due 1/15/23
02582JHS2
01/17/23 Interest Earned On 320.92
Capital One Multi 5.13465% 3/16/26
$0.00428/Pv On 75,000.00 Pv Due 1/15/23
14041NFS5
01/17/23 Interest Earned On 5.99
Ford Credit Auto 1.870% 3/15/24
$0.00156/Pv On 3,843.18 Pv Due 1/15/23
34531KAD4
01/17/23 Paid Down 2,638.9 Par Value Of 2,638.90 - 2,654.57
Ford Credit Auto 1.870% 3/15/24
Trade Date 1/15/23
34531KAD4
01/17/23 Interest Earned On 16.08
Gm Fin Cons Auto 0.21001% 8/16/24
$0.00018/Pv On 91,916.16 Pv Due 1/16/23
380140AB9
01/17/23 Paid Down 32,717.6 Par Value Of 32,717.60 - 32,538.25
Gm Fin Cons Auto 0.21001% 8/16/24
Trade Date 1/16/23
380140AB9
01/17/23 Interest Earned On 4.99
Toyota Auto 1.360% 8/15/24
$0.00113/Pv On 4,406.23 Pv Due 1/15/23
89239RAC0
01/17/23 Paid Down 602.14 Par Value Of 602.14 - 595.84
Toyota Auto 1.360% 8/15/24
Trade Date 1/15/23
89239RAC0
01/17/23 Purchased 37,052.68 Units Of - 37,052.68 37,052.68
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
00- -M -PF-PC -032-01 00251901 2519
Page 21 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
89
1010101010101010101010110101011111011011101001110010100000001001000100010000111111010100111001010110100111000100010001011000101100010010100010010001110110010011110001000011010001101101011000100011010110000000101010011000101010011110011010111000001101000011000010100101110001001111100011000101110110001000011001100011110110111000111111101000110001110101100001011000101001101010001011111111111111111111
01/17/23 Interest Earned On 119.52
G N M A Gtd Remic 4.000% 7/16/39
$0.00333/Pv On 35,857.17 Pv Due 1/16/23
38376V2E6
01/17/23 Paid Down 1,051.62 Par Value Of 1,051.62 - 1,078.43
G N M A Gtd Remic 4.000% 7/16/39
Trade Date 1/16/23
38376V2E6
01/17/23 Interest Earned On 51.05
F H L M C Mltcl Mtg 2.000% 11/15/26
$0.00167/Pv On 30,630.34 Pv Due 1/15/23
3137B6DF5
01/17/23 Paid Down 2,038.05 Par Value Of 2,038.05 - 2,016.87
F H L M C Mltcl Mtg 2.000% 11/15/26
Trade Date 1/15/23
3137B6DF5
01/17/23 Interest Earned On 70.20
F H L M C Mltcl Mtg 1.500% 5/15/27
$0.00125/Pv On 56,162.90 Pv Due 1/15/23
3137AQQE1
01/17/23 Paid Down 1,618.3 Par Value Of 1,618.30 - 1,641.48
F H L M C Mltcl Mtg 1.500% 5/15/27
Trade Date 1/15/23
3137AQQE1
01/17/23 Interest Earned On 9.53
F H L M C Mltcl Mtg 2.500% 10/15/28
$0.00208/Pv On 4,576.03 Pv Due 1/15/23
3137B5A60
01/17/23 Paid Down 176.87 Par Value Of 176.87 - 177.83
F H L M C Mltcl Mtg 2.500% 10/15/28
Trade Date 1/15/23
3137B5A60
01/17/23 Interest Earned On 93.14
F H L M C Mltcl Mtg 2.500% 12/15/27
$0.00208/Pv On 44,706.63 Pv Due 1/15/23
3137B9RN7
01/17/23 Paid Down 3,310.54 Par Value Of 3,310.54 - 3,365.09
F H L M C Mltcl Mtg 2.500% 12/15/27
Trade Date 1/15/23
3137B9RN7
01/17/23 Interest Earned On 159.58
F H L M C Mltcl Mtg 1.750% 12/15/42
$0.00146/Pv On 109,427.95 Pv Due 1/15/23
3137AYSH5
01/17/23 Paid Down 862.44 Par Value Of 862.44 - 880.26
F H L M C Mltcl Mtg 1.750% 12/15/42
Trade Date 1/15/23
3137AYSH5
00- -M -PF-PC -032-01 00251901 2519
Page 22 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
90
01/17/23 Interest Earned On 16.96
CNH Equipment Trust 1.160% 6/16/25
$0.00097/Pv On 17,546.22 Pv Due 1/15/23
12597PAC2
01/17/23 Paid Down 3,120.88 Par Value Of 3,120.88 - 3,084.80
CNH Equipment Trust 1.160% 6/16/25
Trade Date 1/15/23
12597PAC2
01/17/23 Interest Earned On 58.33
Capital One Multi 2.800% 3/15/27
$0.00233/Pv On 25,000.00 Pv Due 1/15/23
14041NFZ9
01/17/23 Interest Earned On 20.87
Carmax Auto Own 0.520% 2/17/26
$0.00043/Pv On 48,161.88 Pv Due 1/15/23
14314QAC8
01/17/23 Paid Down 2,703.91 Par Value Of 2,703.91 - 2,661.77
Carmax Auto Own 0.520% 2/17/26
Trade Date 1/15/23
14314QAC8
01/17/23 Interest Earned On 40.20
Carmax Auto Owner 2.180% 8/15/24
$0.00182/Pv On 22,131.00 Pv Due 1/15/23
14315PAD7
01/17/23 Paid Down 4,662.33 Par Value Of 4,662.33 - 4,688.01
Carmax Auto Owner 2.180% 8/15/24
Trade Date 1/15/23
14315PAD7
01/17/23 Interest Earned On 16.82
Carmax Auto Owner 0.340% 12/15/25
$0.00028/Pv On 59,365.26 Pv Due 1/15/23
14316NAC3
01/17/23 Paid Down 3,405.94 Par Value Of 3,405.94 - 3,354.32
Carmax Auto Owner 0.340% 12/15/25
Trade Date 1/15/23
14316NAC3
01/17/23 Interest Earned On 26.91
Carmax Auto Owner 2.810% 5/15/25
$0.00234/Pv On 11,493.47 Pv Due 1/15/23
14317HAB7
01/17/23 Paid Down 1,130.26 Par Value Of 1,130.26 - 1,130.17
Carmax Auto Owner 2.810% 5/15/25
Trade Date 1/15/23
14317HAB7
01/17/23 Interest Earned On 319.54
Discover Card 5.11265% 8/15/25
$0.00426/Pv On 75,000.00 Pv Due 1/15/23
254683CE3
00- -M -PF-PC -032-01 00251901 2519
Page 23 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
91
1010101010101010101010110101011110011011101001110010100000001001000100010001011111010100111001011010100111000000010010011000101100010001010010010001110001100111110001000010001100101101011001010000010110000000101110001000101010010000001110111000001010011101000010100111111100111111100010010000010101001000011101111010011110110101111000110000110110011100110011011000101001101001101011111111111111111111
01/17/23 Interest Earned On 22.48
Harley Davidson Mtrc 0.560% 11/15/26
$0.00047/Pv On 48,163.92 Pv Due 1/15/23
41285AAC1
01/17/23 Paid Down 2,466.45 Par Value Of 2,466.45 - 2,375.98
Harley Davidson Mtrc 0.560% 11/15/26
Trade Date 1/15/23
41285AAC1
01/17/23 Paid Down 1,855.68 Par Value Of 1,855.68 - 1,911.66
G N M A #778953 3.000% 3/15/27
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36176XE21
01/17/23 Interest Earned On 176.62
G N M A #778953 3.000% 3/15/27
December GNMA Due 1/15/23
36176XE21
01/17/23 Paid Down 811.88 Par Value Of 811.88 - 841.46
G N M A #779250 3.000% 5/15/27
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36176XQB8
01/17/23 Interest Earned On 61.24
G N M A #779250 3.000% 5/15/27
December GNMA Due 1/15/23
36176XQB8
01/17/23 Paid Down 1,079 Par Value Of 1,079.00 - 1,094.23
G N M A #711168 4.500% 2/15/25
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36297GCD0
01/17/23 Interest Earned On 95.95
G N M A #711168 4.500% 2/15/25
December GNMA Due 1/15/23
36297GCD0
01/17/23 Paid Down 222.92 Par Value Of 222.92 - 213.45
F H L M C Gd G18569 3.000% 9/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Interest Earned On 30.08
F H L M C Gd G18569 3.000% 9/01/30
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Paid Down 1,973.05 Par Value Of 1,973.05 - 2,093.88
F H L M C Gd J32243 3.000% 7/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
31307NP40
00- -M -PF-PC -032-01 00251901 2519
Page 24 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
92
01/17/23 Interest Earned On 350.73
F H L M C Gd J32243 3.000% 7/01/30
December FHLMC Due 1/15/23
31307NP40
01/17/23 Purchased 25,799.95 Par Value Of - 25,138.83 25,138.83
F N M A #Fm3340 3.500% 5/01/35
Trade Date 1/11/23
Purchased Through First Horizon Bank
Swift External Ref#: 00954000002760B
25,799.95 Par Value At 97.43751441 %
3140X6WA5
01/17/23 Paid Accrued Interest On Purchase Of - 40.13
F N M A #Fm3340 3.500% 5/01/35
Income Debit 40.13- USD
3140X6WA5
01/17/23 Cash Disbursement - 1,699.62
Transfer To Principal
1
01/17/23 Cash Receipt 1,699.62
Transfer From Income
1
01/17/23 Purchased 9,050.91 Units Of - 9,050.91 9,050.91
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/18/23 Sold 25,178.96 Units Of 25,178.96 - 25,178.96
First Am Govt Ob Fd Cl Y
Trade Date 1/18/23
31846V203
01/18/23 Cash Disbursement - 1,094.04
Transfer To Principal
1
01/18/23 Cash Receipt 1,094.04
Transfer From Income
1
01/19/23 Purchased 24,858.04 Units Of - 24,858.04 24,858.04
First Am Govt Ob Fd Cl Y
Trade Date 1/19/23
31846V203
01/20/23 Interest Earned On 16.89
G N M A Gtd Remic 3.000% 8/20/40
$0.00250/Pv On 6,756.37 Pv Due 1/20/23
38377QKH9
01/20/23 Paid Down 295.5 Par Value Of 295.50 - 298.86
G N M A Gtd Remic 3.000% 8/20/40
Trade Date 1/20/23
38377QKH9
00- -M -PF-PC -032-01 00251901 2519
Page 25 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
93
1010101010101010101010110101011101011011101001110010100000001001000100010000011111010100101001011010100111011100000010011000101100010011000010010001110100000011110001000010000110101101011000110100010110000000100001010000101010010010011110111000001011000100100010100000010100010011100011011100010110001000011101100000100110111011010101111000110010100100111001011000100001101010001011111111111111111111
01/20/23 Interest Earned On 32.44
G N M A Gtd Remic 3.000% 11/20/39
$0.00250/Pv On 12,976.09 Pv Due 1/20/23
38376TTT9
01/20/23 Paid Down 403.33 Par Value Of 403.33 - 409.71
G N M A Gtd Remic 3.000% 11/20/39
Trade Date 1/20/23
38376TTT9
01/20/23 Interest Earned On 89.61
G N M A Gtd Remic 2.500% 7/20/41
$0.00208/Pv On 43,012.20 Pv Due 1/20/23
38378TAF7
01/20/23 Paid Down 430.89 Par Value Of 430.89 - 431.38
G N M A Gtd Remic 2.500% 7/20/41
Trade Date 1/20/23
38378TAF7
01/20/23 Interest Earned On 154.89
G N M A Gtd Remic 2.000% 7/20/42
$0.00167/Pv On 92,933.72 Pv Due 1/20/23
38378FRB8
01/20/23 Paid Down 1,012.88 Par Value Of 1,012.88 - 998.00
G N M A Gtd Remic 2.000% 7/20/42
Trade Date 1/20/23
38378FRB8
01/20/23 Interest Earned On 45.22
G N M A Gtd Remic 2.000% 5/20/40
$0.00167/Pv On 27,132.67 Pv Due 1/20/23
38377YTL4
01/20/23 Paid Down 667.56 Par Value Of 667.56 - 659.42
G N M A Gtd Remic 2.000% 5/20/40
Trade Date 1/20/23
38377YTL4
01/20/23 Interest Earned On 105.31
G N M A Gtd Remic 4.000% 10/20/39
$0.00333/Pv On 31,591.57 Pv Due 1/20/23
38376WA62
01/20/23 Paid Down 605.97 Par Value Of 605.97 - 625.83
G N M A Gtd Remic 4.000% 10/20/39
Trade Date 1/20/23
38376WA62
01/20/23 Interest Earned On 62.86
G N M A Gtd Remic 3.000% 4/20/39
$0.00250/Pv On 25,145.36 Pv Due 1/20/23
38377RVK8
01/20/23 Paid Down 1,023.34 Par Value Of 1,023.34 - 1,043.34
G N M A Gtd Remic 3.000% 4/20/39
Trade Date 1/20/23
38377RVK8
00- -M -PF-PC -032-01 00251901 2519
Page 26 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
94
01/20/23 Interest Earned On 43.84
G N M A Gtd Remic 1.500% 8/20/27
$0.00125/Pv On 35,076.07 Pv Due 1/20/23
38378HAU0
01/20/23 Paid Down 1,035.47 Par Value Of 1,035.47 - 1,049.40
G N M A Gtd Remic 1.500% 8/20/27
Trade Date 1/20/23
38378HAU0
01/20/23 Interest Earned On 18.18
G N M A Gtd Remic 3.000% 11/20/45
$0.00250/Pv On 7,273.75 Pv Due 1/20/23
38381AZ58
01/20/23 Paid Down 242.4 Par Value Of 242.40 - 243.76
G N M A Gtd Remic 3.000% 11/20/45
Trade Date 1/20/23
38381AZ58
01/20/23 Interest Earned On 12.62
G N M A Gtd Remic 1.500% 12/20/40
$0.00125/Pv On 10,098.27 Pv Due 1/20/23
38378JZD7
01/20/23 Paid Down 434 Par Value Of 434.00 - 428.57
G N M A Gtd Remic 1.500% 12/20/40
Trade Date 1/20/23
38378JZD7
01/20/23 Interest Earned On 22.82
G N M A Gtd Remic 3.000% 10/20/26
$0.00250/Pv On 9,128.52 Pv Due 1/20/23
38378AU90
01/20/23 Paid Down 2,293.65 Par Value Of 2,293.65 - 2,329.82
G N M A Gtd Remic 3.000% 10/20/26
Trade Date 1/20/23
38378AU90
01/20/23 Paid Down 374.61 Par Value Of 374.61 - 388.57
G N M A I I #Ma0909 3.000% 4/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Interest Earned On 44.39
G N M A I I #Ma0909 3.000% 4/20/28
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Paid Down 1,390.55 Par Value Of 1,390.55 - 1,438.56
G N M A I I #005300 3.000% 2/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36202F3H7
01/20/23 Interest Earned On 90.30
G N M A I I #005300 3.000% 2/20/27
December GNMA Due 1/20/23
36202F3H7
00- -M -PF-PC -032-01 00251901 2519
Page 27 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
95
1010101010101010101010110101011100011011101001110010100000001001000100010001111111010100101001010110100111011000000001011000101100010000110010010001110011110111110001000011011011101101011001000111010110000000100101000000101010011100001010111000001100011010100010100010011001100011100010001001110101001000011001111001001110110110010010100000110101001101101011011000100001101001101011111111111111111111
01/20/23 Paid Down 1,336.58 Par Value Of 1,336.58 - 1,394.97
G N M A I I #Ma1134 3.000% 7/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NHK7
01/20/23 Interest Earned On 126.51
G N M A I I #Ma1134 3.000% 7/20/28
December GNMA Due 1/20/23
36179NHK7
01/20/23 Paid Down 1,041.44 Par Value Of 1,041.44 - 1,078.11
G N M A I I #Ma0602 3.000% 12/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179MU32
01/20/23 Interest Earned On 113.42
G N M A I I #Ma0602 3.000% 12/20/27
December GNMA Due 1/20/23
36179MU32
01/20/23 Paid Down 669.19 Par Value Of 669.19 - 703.25
G N M A I I #Ma4691 3.500% 9/20/32
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179TF83
01/20/23 Interest Earned On 131.07
G N M A I I #Ma4691 3.500% 9/20/32
December GNMA Due 1/20/23
36179TF83
01/20/23 Paid Down 699.52 Par Value Of 699.52 - 731.41
G N M A I I #Ma2936 3.500% 7/20/30
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179RHM4
01/20/23 Interest Earned On 141.25
G N M A I I #Ma2936 3.500% 7/20/30
December GNMA Due 1/20/23
36179RHM4
01/20/23 Cash Receipt 134,500.00
Transfer From Another Trust
Transfer From #256350000
2013 Toll Revenue Fd
Per Fifth Clause Sec. 5.03(B)
And Sec. 5.08 Of Indenture And
Written Certificate Dtd 1/18/2023
Agmarsh
01/20/23 Cash Disbursement - 930.70
Transfer To Principal
1
01/20/23 Cash Receipt 930.70
Transfer From Income
1
00- -M -PF-PC -032-01 00251901 2519
Page 28 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
96
01/20/23 Purchased 149,708.5 Units Of - 149,708.50 149,708.50
First Am Govt Ob Fd Cl Y
Trade Date 1/20/23
31846V203
01/23/23 Interest Earned On 15.81
Honda Auto 1.610% 4/22/24
$0.00134/Pv On 11,786.98 Pv Due 1/21/23
43813RAC1
01/23/23 Paid Down 2,020.54 Par Value Of 2,020.54 - 2,014.30
Honda Auto 1.610% 4/22/24
Trade Date 1/21/23
43813RAC1
01/23/23 Purchased 2,036.35 Units Of - 2,036.35 2,036.35
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/23/23 Matured 150,000 Par Value Of 148,953.75 - 148,953.75
American Honda Fin Corp C P 1/23/23
Trade Date 1/23/23
150,000 Par Value At 100 %
02665KNP8
01/23/23 Interest Earned On 1,046.25
American Honda Fin Corp C P 1/23/23
150,000 Par Value At 100 %
02665KNP8
01/23/23 Cash Disbursement - 1,046.25
Transfer To Principal
1
01/23/23 Cash Receipt 1,046.25
Transfer From Income
1
01/23/23 Purchased 150,000 Units Of - 150,000.00 150,000.00
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/24/23 Cash Disbursement - 15.81
Transfer To Principal
1
01/24/23 Cash Receipt 15.81
Transfer From Income
1
01/25/23 Interest Earned On 47.53
F N M A #109412 3.680% 8/01/28
Int Due 01/25/23
313637N55
01/25/23 Paid Down 155.33 Par Value Of 155.33 - 150.45
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
00- -M -PF-PC -032-01 00251901 2519
Page 29 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
97
1010101010101010101010110101011011011011101001110010100000001001000100010001111111010100101001011010100111010100000010011000101100010110100010010001110001111111110001000011000111001101011001110001110110000000101101100000101010000111110000111000001111010111010010100101010000011011100011000110000100001001011011011011101110100001100011111100110000011100100111011000100101101001001011111111111111111111
01/25/23 Interest Earned On 162.70
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Paid Down 359.32 Par Value Of 359.32 - 359.44
F N M A #Ma4074 2.000% 6/01/35
P & I Due 01/25/23
31418DQ47
01/25/23 Interest Earned On 56.89
F N M A #Ma4074 2.000% 6/01/35
P & I Due 01/25/23
31418DQ47
01/25/23 Interest Earned On 1.72
F N M A Gtd Remic 2.810% 4/25/23
$0.00234/Pv On 733.93 Pv Due 1/25/23
3136AHAE0
01/25/23 Paid Down 733.93 Par Value Of 733.93 - 736.71
F N M A Gtd Remic 2.810% 4/25/23
Trade Date 1/25/23
3136AHAE0
01/25/23 Interest Earned On 41.61
F H L M C Mltcl Mtg 3.329% 5/25/25
0.002774 USD/$1 Pv On 15,000 Par Value Due 1/25/23
3137BKRJ1
01/25/23 Interest Earned On 410.50
F H L M C Mltcl Mt 3.284% 6/25/25
0.002737 USD/$1 Pv On 150,000 Par Value Due 1/25/23
3137BLAC2
01/25/23 Interest Earned On 211.88
F H L M C Mltcl Mt 3.30433% 2/25/23
$0.00275/Pv On 76,945.35 Pv Due 1/25/23
3137B36J2
01/25/23 Paid Down 67,887.84 Par Value Of 67,887.84 - 67,940.41
F H L M C Mltcl Mt 3.30433% 2/25/23
Trade Date 1/25/23
3137B36J2
01/25/23 Interest Earned On 113.51
F H L M C Mltcl Mt 3.458% 8/25/23
$0.00288/Pv On 39,390.08 Pv Due 1/25/23
3137B5KW2
01/25/23 Paid Down 90.36 Par Value Of 90.36 - 89.33
F H L M C Mltcl Mt 3.458% 8/25/23
Trade Date 1/25/23
3137B5KW2
01/25/23 Interest Earned On 51.20
F H L M C Mltcl Mt 3.250% 4/25/23
$0.00271/Pv On 18,904.13 Pv Due 1/25/23
3137B3NA2
00- -M -PF-PC -032-01 00251901 2519
Page 30 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
98
01/25/23 Paid Down 5,755.19 Par Value Of 5,755.19 - 5,725.07
F H L M C Mltcl Mt 3.250% 4/25/23
Trade Date 1/25/23
3137B3NA2
01/25/23 Interest Earned On 87.79
F H L M C Mltcl Mtg 3.010% 8/25/25
$0.00251/Pv On 35,000.00 Pv Due 1/25/23
3137BLMZ8
01/25/23 Interest Earned On 38.00
F H L M C Mltcl Mtg 2.802% 1/25/25
$0.00233/Pv On 16,272.53 Pv Due 1/25/23
3137BLW87
01/25/23 Paid Down 550.2 Par Value Of 550.20 - 548.31
F H L M C Mltcl Mtg 2.802% 1/25/25
Trade Date 1/25/23
3137BLW87
01/25/23 Interest Earned On 474.83
F H L M C Mltcl Mtg 2.849% 3/25/26
$0.00237/Pv On 200,000.00 Pv Due 1/25/23
3137BP4K2
01/25/23 Interest Earned On 68.56
F H L M C Mltcl Mtg 3.291% 3/25/27
$0.00274/Pv On 25,000.00 Pv Due 1/25/23
3137BXRT1
01/25/23 Interest Earned On 460.08
F H L M C Mltcl Mt 2.920% 9/25/24
$0.00243/Pv On 189,074.36 Pv Due 1/25/23
3137F4CY6
01/25/23 Paid Down 75.73 Par Value Of 75.73 - 77.73
F H L M C Mltcl Mt 2.920% 9/25/24
Trade Date 1/25/23
3137F4CY6
01/25/23 Interest Earned On 306.83
F H L M C Mltcl Mt 3.038% 8/25/27
$0.00253/Pv On 121,198.18 Pv Due 1/25/23
3137FBAB2
01/25/23 Paid Down 1,930.94 Par Value Of 1,930.94 - 2,098.08
F H L M C Mltcl Mt 3.038% 8/25/27
Trade Date 1/25/23
3137FBAB2
01/25/23 Interest Earned On 546.83
F H L M C Mltcl Mt 3.281% 8/25/27
$0.00273/Pv On 200,000.00 Pv Due 1/25/23
3137FBAJ5
01/25/23 Interest Earned On 71.75
F H L M C Mltcl Mt 3.444% 12/25/27
$0.00287/Pv On 25,000.00 Pv Due 1/25/23
3137FEBQ2
00- -M -PF-PC -032-01 00251901 2519
Page 31 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
99
1010101010101010101010110101011010011011101001110010100000001001000100010000011111010100101001010110100111010000000001011000101100010101010010010001110110001011110001000010011010001101011000000010110110000000101001110000101010001001100100111000001000001001010010100111011101101011100010010011100111001001011111000010000110101100100100100100110111110101110101011000100101101010101011111111111111111111
01/25/23 Interest Earned On 307.07
F H L M C Mltcl Mt 2.63196% 11/25/28
$0.00219/Pv On 140,056.67 Pv Due 1/25/23
3137FNAD2
01/25/23 Paid Down 564.93 Par Value Of 564.93 - 574.41
F H L M C Mltcl Mt 2.63196% 11/25/28
Trade Date 1/25/23
3137FNAD2
01/25/23 Interest Earned On 347.80
F H L M C Mltcl Mt 2.258% 6/25/29
$0.00188/Pv On 184,833.66 Pv Due 1/25/23
3137FPJF3
01/25/23 Paid Down 691.7 Par Value Of 691.70 - 695.86
F H L M C Mltcl Mt 2.258% 6/25/29
Trade Date 1/25/23
3137FPJF3
01/25/23 Interest Earned On 159.45
F H L M C Mltcl Mt 2.230% 7/25/29
$0.00186/Pv On 85,800.29 Pv Due 1/25/23
3137FPJP1
01/25/23 Paid Down 861.32 Par Value Of 861.32 - 903.58
F H L M C Mltcl Mt 2.230% 7/25/29
Trade Date 1/25/23
3137FPJP1
01/25/23 Interest Earned On 338.87
F H L M C Mltcl Mt 2.19196% 7/25/29
$0.00183/Pv On 185,681.65 Pv Due 1/25/23
3137FQ3Y7
01/25/23 Paid Down 574.6 Par Value Of 574.60 - 576.08
F H L M C Mltcl Mt 2.19196% 7/25/29
Trade Date 1/25/23
3137FQ3Y7
01/25/23 Purchased 84,536.79 Units Of - 84,536.79 84,536.79
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Interest Earned On 30.37
F N M A Gtd Remic 1.500% 9/25/27
$0.00125/Pv On 24,299.42 Pv Due 1/25/23
3136A8SX9
01/25/23 Paid Down 668.49 Par Value Of 668.49 - 678.51
F N M A Gtd Remic 1.500% 9/25/27
Trade Date 1/25/23
3136A8SX9
01/25/23 Interest Earned On 47.60
F N M A Gtd Remic 2.000% 11/25/42
$0.00167/Pv On 28,559.67 Pv Due 1/25/23
3136ABNZ2
00- -M -PF-PC -032-01 00251901 2519
Page 32 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
100
01/25/23 Paid Down 531.77 Par Value Of 531.77 - 540.94
F N M A Gtd Remic 2.000% 11/25/42
Trade Date 1/25/23
3136ABNZ2
01/25/23 Interest Earned On 2.57
F N M A Gtd Remic 1.500% 4/25/23
$0.00125/Pv On 2,056.45 Pv Due 1/25/23
3136ADFF1
01/25/23 Paid Down 1,134.01 Par Value Of 1,134.01 - 1,117.71
F N M A Gtd Remic 1.500% 4/25/23
Trade Date 1/25/23
3136ADFF1
01/25/23 Interest Earned On 42.19
F N M A Gtd Remic 1.750% 7/25/28
$0.00146/Pv On 28,931.55 Pv Due 1/25/23
3136AEY84
01/25/23 Paid Down 833.75 Par Value Of 833.75 - 847.48
F N M A Gtd Remic 1.750% 7/25/28
Trade Date 1/25/23
3136AEY84
01/25/23 Interest Earned On 82.94
F N M A Gtd Remic 2.000% 11/25/31
$0.00167/Pv On 49,762.36 Pv Due 1/25/23
3136AQZK9
01/25/23 Paid Down 1,174.47 Par Value Of 1,174.47 - 1,206.29
F N M A Gtd Remic 2.000% 11/25/31
Trade Date 1/25/23
3136AQZK9
01/25/23 Interest Earned On 119.38
F H L M C Mltcl 0.826% 9/25/30
$0.00069/Pv On 173,347.18 Pv Due 1/25/23
3137FWHY9
01/25/23 Paid Down 1,055.79 Par Value Of 1,055.79 - 1,050.51
F H L M C Mltcl 0.826% 9/25/30
Trade Date 1/25/23
3137FWHY9
01/25/23 Interest Earned On 95.15
F N M A Gtd Remic 4.000% 7/25/40
$0.00333/Pv On 28,545.39 Pv Due 1/25/23
31398NY24
01/25/23 Paid Down 628.4 Par Value Of 628.40 - 614.65
F N M A Gtd Remic 4.000% 7/25/40
Trade Date 1/25/23
31398NY24
01/25/23 Paid Down 152.83 Par Value Of 152.83 - 150.68
F H L M C #Zs8585 3.000% 10/01/30
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9RE9
00- -M -PF-PC -032-01 00251901 2519
Page 33 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
101
1010101010101010101010110101011001011011101001110010100000001001000100010000011111010100101001010110100111001100001001011000101100010100000010010001110011001101110001000010001101001101011000001011110110000000100100101000101010001101000100111000001010111100110010100101001100111011100011001100101101001000111011010011100110100101111101110110110110101100001101011000101011101010101011111111111111111111
01/25/23 Interest Earned On 21.86
F H L M C #Zs8585 3.000% 10/01/30
December FHLMC Due 1/25/23
3132A9RE9
01/25/23 Paid Down 1,371.28 Par Value Of 1,371.28 - 1,428.96
F H L M C #Zs8673 3.000% 10/01/32
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9T64
01/25/23 Interest Earned On 200.84
F H L M C #Zs8673 3.000% 10/01/32
December FHLMC Due 1/25/23
3132A9T64
01/25/23 Paid Down 602.78 Par Value Of 602.78 - 587.71
F H L M C #Zt1989 3.500% 1/01/33
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEF68
01/25/23 Interest Earned On 102.23
F H L M C #Zt1989 3.500% 1/01/33
December FHLMC Due 1/25/23
3132AEF68
01/25/23 Paid Down 134.35 Par Value Of 134.35 - 121.15
F H L M C #Sb8057 2.000% 8/01/35
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Interest Earned On 22.44
F H L M C #Sb8057 2.000% 8/01/35
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Paid Down 2,242.41 Par Value Of 2,242.41 - 2,377.78
F H L M C #Sc0096 3.000% 10/01/40
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D9C93
01/25/23 Interest Earned On 363.93
F H L M C #Sc0096 3.000% 10/01/40
December FHLMC Due 1/25/23
3132D9C93
01/25/23 Paid Down 160.81 Par Value Of 160.81 - 154.70
F H L M C #Sb8505 2.500% 10/01/35
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D6NW6
01/25/23 Interest Earned On 32.18
F H L M C #Sb8505 2.500% 10/01/35
December FHLMC Due 1/25/23
3132D6NW6
00- -M -PF-PC -032-01 00251901 2519
Page 34 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
102
01/25/23 Paid Down 31.02 Par Value Of 31.02 - 32.19
F N M A #Bl1077 4.000% 12/01/28
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140HSFT3
01/25/23 Interest Earned On 81.22
F N M A #Bl1077 4.000% 12/01/28
December FNMA Due 1/25/23
3140HSFT3
01/25/23 Paid Down 17.18 Par Value Of 17.18 - 17.17
F N M A #Bm1757 2.536% 4/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Interest Earned On 16.09
F N M A #Bm1757 2.536% 4/01/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Paid Down 495.77 Par Value Of 495.77 - 526.66
F N M A #Ma0293 4.500% 1/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31417YKF3
01/25/23 Interest Earned On 111.76
F N M A #Ma0293 4.500% 1/01/30
December FNMA Due 1/25/23
31417YKF3
01/25/23 Paid Down 356.13 Par Value Of 356.13 - 349.56
F N M A #Ma4112 3.000% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DSA1
01/25/23 Interest Earned On 81.22
F N M A #Ma4112 3.000% 8/01/35
December FNMA Due 1/25/23
31418DSA1
01/25/23 Paid Down 901.4 Par Value Of 901.40 - 951.12
F N M A #Bm1978 3.000% 10/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J6FU6
01/25/23 Interest Earned On 164.20
F N M A #Bm1978 3.000% 10/01/32
December FNMA Due 1/25/23
3140J6FU6
01/25/23 Paid Down 1,850.45 Par Value Of 1,850.45 - 1,920.81
F N M A #Ma4226 2.000% 12/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DVU3
00- -M -PF-PC -032-01 00251901 2519
Page 35 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
103
1010101010101010101010110101011000011011101001110010100000001001000100010001111111010100101001011010100111001000001010011000101100010111110010010001110100111001110001000011010000001101011001111000110110000000100000111000101010000011010000111000001101100010110010100111000001001011100010011001001110001000111111001010001110101000111010101110110001000101011111011000101011101001001011111111111111111111
01/25/23 Interest Earned On 208.33
F N M A #Ma4226 2.000% 12/01/30
December FNMA Due 1/25/23
31418DVU3
01/25/23 Paid Down 1,402.89 Par Value Of 1,402.89 - 1,449.64
F N M A #Ma4279 2.000% 3/01/36
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DXH0
01/25/23 Interest Earned On 251.97
F N M A #Ma4279 2.000% 3/01/36
December FNMA Due 1/25/23
31418DXH0
01/25/23 Cash Disbursement - 2,078.47
Transfer To Principal
1
01/25/23 Cash Receipt 2,078.47
Transfer From Income
1
01/25/23 Purchased 17,824.45 Units Of - 17,824.45 17,824.45
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/26/23 Interest Earned On 1,013.21
Royal Bk Of Mtn 4.40525% 10/26/23
0.011258 USD/$1 Pv On 90,000 Par Value Due 1/26/23
78015K7K4
01/26/23 Purchased 1,013.21 Units Of - 1,013.21 1,013.21
First Am Govt Ob Fd Cl Y
Trade Date 1/26/23
31846V203
01/26/23 Cash Disbursement - 4,305.40
Transfer To Principal
1
01/26/23 Cash Receipt 4,305.40
Transfer From Income
1
01/27/23 Purchased 110,000 Par Value Of - 110,000.00 110,000.00
F H L M C 5.125% 1/27/25
Trade Date 1/20/23
Purchased Through Sbnyus33 Citgroup Gbl Mkts Ny
Swift External Ref#: 00954000002780A
110,000 Par Value At 100 %
3134GYFG2
01/27/23 Purchased 85,000 Par Value Of - 82,901.56 82,901.56
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 1/24/23
Purchased Through Wfslus33 Wells Fargo Charl Nc
Swift External Ref#: 00954000002800A
85,000 Par Value At 97.53124706 %
3137BKRJ1
00- -M -PF-PC -032-01 00251901 2519
Page 36 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
104
01/27/23 Paid Accrued Interest On Purchase Of - 204.36
F H L M C Mltcl Mtg 3.329% 5/25/25
Income Debit 204.36- USD
3137BKRJ1
01/27/23 Purchased 43,594.65 Par Value Of - 42,867.50 42,867.50
F H L M C Mltcl Mtg 3.725% 12/25/27
Trade Date 1/24/23
Purchased Through Hilltop Securities Inc.
Swift External Ref#: 00954000002810B
43,594.65 Par Value At 98.33202574 %
3137FEZT0
01/27/23 Paid Accrued Interest On Purchase Of - 117.28
F H L M C Mltcl Mtg 3.725% 12/25/27
Income Debit 117.28- USD
3137FEZT0
01/27/23 Cash Disbursement - 691.57
Transfer To Principal
1
01/27/23 Cash Receipt 691.57
Transfer From Income
1
01/27/23 Sold 236,090.7 Units Of 236,090.70 - 236,090.70
First Am Govt Ob Fd Cl Y
Trade Date 1/27/23
31846V203
01/31/23 Interest Earned On 3,089.34
U S Treasury Nt 0.325% 10/31/23
0.011234 USD/$1 Pv On 275,000 Par Value Due 1/31/23
91282CDE8
01/31/23 Sold 371,824.67 Units Of 371,824.67 - 371,824.67
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
01/31/23 Purchased 200,000 Par Value Of - 199,974.72 199,974.72
Potomac Electric Pwr C P 2/01/23
Trade Date 1/30/23
Purchased Through Goldus33 Goldman Sachs Ny
Swift External Ref#: 00954000002820A
200,000 Par Value At 99.98736 %
73768BP16
01/31/23 Matured 500,000 Par Value Of 500,000.00 - 493,828.13
U S Treasury Nt 0.125% 1/31/23
Trade Date 1/31/23
500,000 Par Value At 100 %
91282CBG5
01/31/23 Interest Earned On 312.50
U S Treasury Nt 0.125% 1/31/23
0.000625 USD/$1 Pv On 500,000 Par Value Due 1/31/23
91282CBG5
00- -M -PF-PC -032-01 00251901 2519
Page 37 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
105
1010101010101010101010110101011111011011101001110010100000001001000100010000011111010100101001001110100111000100000110011000101100010101000010010001110001010111110001000011100110101101011000111000110110000000111100011000101010000000111110111000001100011011110010100111011110010011100010111011010011001001000011110111000110110010101001011100110011000101011111011000101101011010001011111111111111111111
01/31/23 Cash Disbursement - 312.50
Transfer To Principal
1
01/31/23 Cash Receipt 312.50
Transfer From Income
1
01/31/23 Purchased 300,337.78 Units Of - 300,337.78 300,337.78
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
01/31/23 Purchased 375,000 Par Value Of - 374,914.01 374,914.01
U S Treasury Bill 2/02/23
Trade Date 1/31/23
Purchased Through Citigroup Global Markets Inc.
Swift External Ref#: 00954000002860A
375,000 Par Value At 99.97706933 %
912796XT1
00- -M -PF-PC -032-01 00251901 2519
Page 38 of 52
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SECOND LIEN REF BONDS
2021 C
SERIES C SEC LIEN BDS RESERVE ACCT
Date Income Principal Tax
Posted Description Cash Cash Cost
Ending Balance 01/31/2023 $3,089.34 - $3,089.34 $7,844,331.20
0455256-00-01445-01
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 238302001
TRANSACTION DETAIL (continued)
106
234,046.330 First American Government 234,046.33 234,046.33 1.9 8,623.33
Oblig Fd Cl D 1.0000 1.00 3.68
31846V401
11,814.150 F H L M C Multiclass Mtg Partn 11,773.39 11,779.78 0.1 390.38
C M O Ser K029 Cl A2 99.6550 99.71 3.32
3137B36J2
Standard & Poors Rating: N/A
Moodys Rating: N/A
4,401.120 F N M A Partn Cert 4,386.90 4,401.08 0.0 104.79
Pool #Al3382 99.6770 100.00 2.39
3138EKXL4
Standard & Poors Rating: N/A
Moodys Rating: N/A
12,276.830 F N M A Gtd R E M I C Pass Thru 12,207.22 12,148.65 0.1 318.46
C M O Ser 2013 M6 Cl 2A 99.4330 98.96 2.61
3136AC7J4
Standard & Poors Rating: N/A
Moodys Rating: N/A
12,663.630 F N M A Partn Cert 12,574.48 12,662.47 0.1 321.15
Pool #Bm1757 99.2960 99.99 2.55
3140J55T2
Standard & Poors Rating: N/A
Moodys Rating: N/A
26,297.890 F H L M C Multiclass Mtg Partn 26,189.02 26,160.23 0.2 854.68
C M O Ser K030 Cl A2 99.5860 99.48 3.26
3137B3NA2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
871.170 F N M A Gtd R E M I C Pass Thru 867.19 858.65 0.0 13.07
C M O Ser 2013 36 Cl KC 99.5430 98.56 1.51
3136ADFF1
Standard & Poors Rating: N/A
Moodys Rating: N/A
#3802
3.320 02/25/2023
2.355 03/01/2023
03/25/2023 Var
2.493 04/01/2023
04/25/2023 Var
1.500 04/25/2023
1.9 $8,623.33 $234,046.33 $234,046.33
00- -M -PF-PC -032-04 02450104 24501
Page 3 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Cash Equivalents
Total Cash Equivalents
US Government Issues
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23
STAMP Portfolio for 91CIP - 2013 Series A & Series B Reserve Fund
107
1010101010101010101010110101010110010011101000110100100000001001111100110001011111010001001001001010110001101000010011011001100000010010010010011011110111000001110100000011110000001100111000010001010110000000100101110000101110010111010000111000001110111001100010100101100000111111100010101110100011001001001000111010100110110110101011010100110101110100101101011000101111101000001011111111111111111111
1,385,000.000 U S Treasury Note 1,385,193.90 1,385,319.97 11.1 0.14
07/31/2023 Var 100.0140 100.02 .00
Standard & Poors Rating: N/A
Moodys Rating: Aaa
63,862.060 F H L M C Multiclass Mtg Partn 63,309.01 63,133.62 0.5 2,208.35
C M O Ser K035 Cl A2 99.1340 98.86 3.49
3137B5KW2
Standard & Poors Rating: N/A
Moodys Rating: N/A
625,000.000 U S Treasury Note 605,006.25 614,809.57 4.8 781.25
0.125 10/15/2023 96.8010 98.37 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
1,900,000.000 U S Treasury Note 1,900,342.00 1,902,574.13 15.2 6,175.00
10/31/2023 Var 100.0180 100.14 .32
Standard & Poors Rating: N/A
Moodys Rating: Aaa
180,000.000 U S Treasury Note 172,933.20 179,444.53 1.4 225.00
0.125 12/15/2023 96.0740 99.69 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
11,738.050 F H L M C Multiclass Mtg Partn 11,584.63 11,782.98 0.1 346.39
C M O Ser K729 Cl A1 98.6930 100.38 2.99
3137FCM35
Standard & Poors Rating: N/A
Moodys Rating: Aaa
299,547.590 F H L M C Multiclass Mtg Partn 292,930.58 303,999.16 2.3 8,701.86
C M O Ser K726 Cl A2 97.7910 101.49 2.97
3137BYPQ7
Standard & Poors Rating: AAA
Moodys Rating: N/A
1,000,000.000 U S Treasury Note 943,200.00 951,875.00 7.5 2,500.00
0.250 06/15/2024 94.3200 95.19 .26
Standard & Poors Rating: N/A
Moodys Rating: Aaa
91282CCQ2
08/25/2023 Var
91282CAP6
91282CDE8
91282CBA8
2.951 02/25/2024
2.905 04/25/2024
91282CCG4
00- -M -PF-PC -032-04 02450104 24501
Page 4 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
108
14,274.470 F N M A Gtd R E M I C Pass Thru 13,899.48 14,232.65 0.1 431.23
C M O Ser 2014 M13 Cl A2 97.3730 99.71 3.10
3136ALYF2
Standard & Poors Rating: N/A
Moodys Rating: N/A
78,600.880 F H L M C Multiclass Mtg Partn 78,340.71 78,612.95 0.6 3,252.04
C M O Ser Q 015 Cl A 99.6690 100.02 4.15
3137FYUR5
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,789.180 F H L M C Multiclass Mtg Partn 38,627.73 41,353.03 0.3 1,161.84
C M O Ser Kbx1 Cl A1 97.0810 103.93 3.01
3137F4CY6
Standard & Poors Rating: N/A
Moodys Rating: N/A
760,000.000 U S Treasury Note 733,278.40 770,127.32 5.9 17,100.00
2.250 11/15/2024 96.4840 101.33 2.33
Standard & Poors Rating: N/A
Moodys Rating: Aaa
70,000.000 F H L M C M T N 69,041.00 70,000.00 0.6 2,800.00
4.000 12/30/2024 98.6300 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
325,000.000 U S Treasury Note 310,362.00 307,150.39 2.5 5,687.50
1.750 12/31/2024 95.4960 94.51 1.83
Standard & Poors Rating: N/A
Moodys Rating: N/A
176,876.090 F H L M C Multiclass Mtg Partn 172,954.75 178,439.98 1.4 4,956.07
C M O Ser K050 Cl A1 97.7830 100.88 2.87
3137BLW87
Standard & Poors Rating: N/A
Moodys Rating: N/A
125,000.000 F H L M C 125,047.50 125,000.00 1.0 6,406.25
5.125 01/27/2025 100.0380 100.00 5.12
Standard & Poors Rating: AA+
Moodys Rating: Aaa
3.021 08/25/2024
08/26/2024 Var
2.920 09/25/2024
912828G38
3134GXA61
912828YY0
2.802 01/25/2025
3134GYFG2
00- -M -PF-PC -032-04 02450104 24501
Page 5 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
109
1010101010101010101010110101010101010011101000110100100000001001111100110001111111010001001001001010110001100100010011011001100000010110000010011011110111010111110100000011000001101100111000110110110110000000111001101000101110000000101100111000001111011010100010100001100100011011100011010000010111001001000100111100111110100100101110100110110100001100001001011000101111101000101011111111111111111111
125,000.000 F H L M C M T N 123,193.75 125,000.00 1.0 5,000.00
4.000 02/28/2025 98.5550 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
365,000.000 U S Treasury Note 338,194.40 362,889.84 2.7 1,825.00
0.500 03/31/2025 92.6560 99.42 .54
Standard & Poors Rating: N/A
Moodys Rating: Aaa
175,000.000 F H L M C Multiclass Mtg Partn 168,845.25 188,024.41 1.4 4,847.43
C M O Ser Kplb Cl A 96.4830 107.44 2.87
3137BJQ71
Standard & Poors Rating: N/A
Moodys Rating: N/A
65,000.000 F H L M C Multiclass Mtg Partn 63,427.65 63,709.96 0.5 2,163.85
C M O Ser K047 Cl A2 97.5810 98.02 3.41
3137BKRJ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,000.000 F H L M C Multiclass Mtg Partn 36,066.86 40,815.63 0.3 1,215.08
C M O Ser K048 Cl A2 97.4780 110.31 3.37
3137BLAC2
Standard & Poors Rating: N/A
Moodys Rating: N/A
81,511.900 F N M A Gtd R E M I C Pass Thru 77,990.59 80,543.95 0.6 2,206.31
C M O Ser 2015 M13 Cl A2 95.6800 98.81 2.83
3136AQHL7
Standard & Poors Rating: N/A
Moodys Rating: N/A
300,000.000 F H L M C M T N 274,251.00 299,580.00 2.2 1,800.00
0.600 08/12/2025 91.4170 99.86 .66
Standard & Poors Rating: N/A
Moodys Rating: Aaa
75,000.000 F H L M C Multiclass Mtg Partn 73,801.50 73,924.81 0.6 2,812.50
C M O Ser K733 Cl A2 98.4020 98.57 3.81
3137FJXQ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
3134GXS88
912828ZF0
2.770 05/25/2025
3.329 05/25/2025
06/25/2025 Var
2.800 06/25/2025
3134GWND4
08/25/2025 Var
00- -M -PF-PC -032-04 02450104 24501
Page 6 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
110
60,000.000 F H L M C Multiclass Mtg Partn 58,104.60 57,787.50 0.5 1,806.00
C M O Ser K049 Cl A2 96.8410 96.31 3.11
3137BLMZ8
Standard & Poors Rating: N/A
Moodys Rating: N/A
970,000.000 U S Treasury Note 881,332.30 957,882.03 7.0 2,425.00
0.250 09/30/2025 90.8590 98.75 .27
Standard & Poors Rating: N/A
Moodys Rating: Aaa
121,404.410 F N M A Gtd R E M I C Pass Thru 115,589.14 119,943.77 0.9 3,280.35
C M O Ser 2016 M3 Cl A2 95.2100 98.80 2.84
3136ARTE8
Standard & Poors Rating: N/A
Moodys Rating: N/A
43,492.940 F N M A Partn Cert 41,304.38 42,632.23 0.3 1,109.07
Pool #An1613 94.9680 98.02 2.68
3138LDYK3
Standard & Poors Rating: N/A
Moodys Rating: N/A
6,285.630 G N M A Gtd R E M I C Pass Thru 6,253.07 6,342.11 0.1 188.57
C M O Ser 2011 158 Cl Ca 99.4820 100.90 3.02
38378AU90
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,000.000 F H L M C Multiclass Mtg Partn 53,633.80 55,023.63 0.4 1,877.15
C M O Ser K062 Cl A2 97.5160 100.04 3.50
3137BUX60
Standard & Poors Rating: N/A
Moodys Rating: N/A
28,383.700 F N M A Gtd R E M I C Pass Thru 26,596.09 26,494.42 0.2 724.64
C M O Ser 2017 M4 Cl A2 93.7020 93.34 2.72
3136AVY52
Standard & Poors Rating: N/A
Moodys Rating: N/A
44,679.120 G N M A I I Pass Thru Cert 43,338.75 44,995.67 0.4 1,340.37
Pool #005276 97.0000 100.71 3.09
36202F2H8
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.010 08/25/2025
91282CAM3
2.702 02/25/2026
2.550 07/01/2026
3.000 10/20/2026
3.413 12/25/2026
12/25/2026 Var
3.000 01/20/2027
00- -M -PF-PC -032-04 02450104 24501
Page 7 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
111
1010101010101010101010110101010100010011101000110100100000001001111100110000011111010001001001000110110001100000010000011001100000010101110010011011110000100011110100000010011100101100111001000101110110000000111101111000101110001110111000111000001000000100100010100011101001101011100010000101110100001001000000100101010110101001101001111110110011100101011011011000101111101011001011111111111111111111
56,508.490 F N M A Partn Cert 52,533.68 52,217.85 0.4 1,192.33
Pool #Bl5365 92.9660 92.41 2.27
3140HW6B3
Standard & Poors Rating: N/A
Moodys Rating: N/A
24,078.550 G N M A I I Pass Thru Cert 23,348.25 24,510.67 0.2 722.36
Pool #005300 96.9670 101.79 3.09
36202F3H7
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,000.000 F H L M C Multiclass Mtg Partn 33,697.30 33,619.14 0.3 1,151.85
C M O Ser S8Fx Cl A2 96.2780 96.05 3.42
3137BXRT1
Standard & Poors Rating: N/A
Moodys Rating: N/A
20,527.710 G N M A Partn Cert 19,922.14 20,979.09 0.2 615.83
Pool #779250 97.0500 102.20 3.09
36176XQB8
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,262.860 G N M A I I Partn Cert 35,909.47 36,638.37 0.3 931.57
Pool #Ma0138 96.3680 98.32 2.59
36179MEK2
Standard & Poors Rating: N/A
Moodys Rating: N/A
28,648.060 G N M A Gtd R E M I C Pass Thru 26,994.21 28,881.18 0.2 429.72
C M O Ser 2012 96 Cl Ad 94.2270 100.81 1.59
38378HAU0
Standard & Poors Rating: N/A
Moodys Rating: N/A
20,408.530 F N M A Gtd R E M I C Pass Thru 19,228.51 20,591.40 0.2 306.13
C M O Ser 2012 102 Cl Bj 94.2180 100.90 1.59
3136A8SX9
Standard & Poors Rating: N/A
Moodys Rating: N/A
22,867.780 G N M A I I Pass Thru Cert 22,002.01 23,261.30 0.2 571.69
Pool #Ma0601 96.2140 101.72 2.60
36179MU24
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.110 02/01/2027
3.000 02/20/2027
3.291 03/25/2027
3.000 05/15/2027
2.500 06/20/2027
1.500 08/20/2027
1.500 09/15/2027
2.500 12/20/2027
00- -M -PF-PC -032-04 02450104 24501
Page 8 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
112
250,000.000 F H L M C Multiclass Mtg Partn 242,857.50 246,718.75 1.9 8,375.00
C M O Ser K073 Cl A2 97.1430 98.69 3.45
3137FETN0
Standard & Poors Rating: N/A
Moodys Rating: N/A
31,283.930 G N M A I I Pass Thru Cert 30,077.00 31,833.69 0.2 782.10
Pool #Ma0756 96.1420 101.76 2.60
36179MZV5
Standard & Poors Rating: N/A
Moodys Rating: N/A
16,078.440 G N M A I I Pass Thru Cert 15,553.80 16,451.27 0.1 482.35
Pool #Ma0909 96.7370 102.32 3.10
36179NAJ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
24,266.280 F N M A Gtd R E M I C Pass Thru 23,000.79 24,520.27 0.2 424.66
C M O Ser 2013 70 Cl Dg 94.7850 101.05 1.85
3136AEY84
Standard & Poors Rating: N/A
Moodys Rating: N/A
50,000.000 F N M A Partn Cert 49,048.00 48,171.88 0.4 1,840.00
Pool #109412 98.0960 96.34 3.75
313637N55
Standard & Poors Rating: N/A
Moodys Rating: N/A
4,818.130 F H L M C Multiclass Mtg Partn 4,667.37 4,763.94 0.0 120.45
C M O Ser 4257 Cl Ek 96.8710 98.88 2.58
3137B5A60
Standard & Poors Rating: N/A
Moodys Rating: N/A
185,000.000 Federal Home Loan Bks 181,203.80 205,766.25 1.5 6,012.50
3.250 11/16/2028 97.9480 111.23 3.32
Standard & Poors Rating: AA+
Moodys Rating: Aaa
37,676.990 F N M A Partn Cert 37,582.04 38,991.07 0.3 1,507.08
Pool #Bl1077 99.7480 103.49 4.01
3140HSFT3
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.350 01/25/2028
2.500 02/20/2028
3.000 04/20/2028
1.750 07/25/2028
3.680 08/01/2028
2.500 10/15/2028
3130AFFX0
4.000 12/01/2028
00- -M -PF-PC -032-04 02450104 24501
Page 9 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
113
1010101010101010101010110101010011010011101000110100100000001001111100110001011111010000111001010010110001111100010100011001100000010101100010011011110110110111110100000011000001101100111001011011010110000000100001001000101110001110101110111000001011010101010010100101100101010011100011111001001001001001101011010011110110111010010111111110110111100101001011011000100011101011001011111111111111111111
15,310.610 F N M A Partn Cert 14,928.61 15,948.17 0.1 535.87
Pool #Al5851 97.5050 104.16 3.59
3138ENQD4
Standard & Poors Rating: N/A
Moodys Rating: N/A
5,329.350 F N M A Partn Cert 5,420.11 5,299.37 0.0 239.82
Pool #Ma0293 101.7030 99.44 4.42
31417YKF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,129.890 F N M A Partn Cert 52,446.17 56,797.66 0.4 1,378.25
Pool #As4860 95.1320 103.03 2.63
3138WEMJ5
Standard & Poors Rating: N/A
Moodys Rating: N/A
90,000.000 U S Treasury Note 73,276.20 87,148.83 0.6 562.50
0.625 08/15/2030 81.4180 96.83 .77
Standard & Poors Rating: N/A
Moodys Rating: Aaa
16,872.930 F H L M C Gold Partn Cert 16,448.41 16,173.92 0.1 506.19
Pool #G18569 97.4840 95.86 3.08
3128MMT37
Standard & Poors Rating: N/A
Moodys Rating: N/A
25,769.690 F H L M C Partn Cert Mirror 25,033.19 25,463.71 0.2 773.09
Pool #Zs8585 97.1420 98.81 3.09
3132A9RE9
Standard & Poors Rating: N/A
Moodys Rating: N/A
228,402.740 F H L M C Partn Cert Umbs 222,704.09 237,556.90 1.8 7,994.10
Pool #Zt1963 97.5050 104.01 3.59
3132AEFC5
Standard & Poors Rating: N/A
Moodys Rating: N/A
33,861.970 F N M A Partn Cert 33,285.30 35,321.55 0.3 1,185.17
Pool #Al7688 98.2970 104.31 3.56
3138EQRJ3
3.500 10/01/2029
4.500 01/01/2030
2.500 05/01/2030
91282CAE1
3.000 09/01/2030
3.000 10/01/2030
3.500 11/01/2030
3.500 11/01/2030
00- -M -PF-PC -032-04 02450104 24501
Page 10 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
114
181,366.520 F N M A Partn Cert Umbs 169,347.36 185,737.07 1.4 3,627.33
Pool #Ma4309 93.3730 102.41 2.14
31418DYF3
Standard & Poors Rating: N/A
Moodys Rating: N/A
49,100.720 F N M A Partn Cert 48,355.86 51,515.60 0.4 1,718.53
Pool #Al8561 98.4830 104.92 3.55
3138ETQP4
Standard & Poors Rating: N/A
Moodys Rating: N/A
129,065.770 F N M A Partn Cert 122,608.61 133,430.85 1.0 3,226.64
Pool #Ma2803 94.9970 103.38 2.63
31418CDH4
Standard & Poors Rating: N/A
Moodys Rating: N/A
121,576.040 F H L M C Partn Cert 115,500.89 125,453.53 0.9 3,039.40
Pool #Zs8063 95.0030 103.19 2.63
3132A85Y1
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,351.650 G N M A I I Partn Cert 38,609.08 38,354.08 0.3 1,377.31
Pool #Ma4691 98.1130 97.46 3.57
36179TF83
Standard & Poors Rating: N/A
Moodys Rating: N/A
40,303.070 F N M A Partn Cert Umbs 39,216.10 42,072.65 0.3 1,209.09
Pool #Bm3956 97.3030 104.39 3.08
3140J8ME0
Standard & Poors Rating: N/A
Moodys Rating: N/A
123,655.520 F N M A Partn Cert 119,276.88 116,441.79 1.0 3,709.67
Pool #Bm4154 96.4590 94.17 3.11
3140J8TL7
Standard & Poors Rating: N/A
Moodys Rating: N/A
46,940.650 F H L M C Partn Cert 46,109.33 49,460.18 0.4 1,642.92
Pool #Zt1970 98.2290 105.37 3.56
3132AEFK7
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.000 03/01/2031
3.500 06/01/2031
2.500 11/01/2031
2.500 09/01/2032
3.500 09/20/2032
3.000 12/01/2032
3.000 03/01/2033
3.500 04/01/2033
00- -M -PF-PC -032-04 02450104 24501
Page 11 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
115
1010101010101010101010110101010010010011101000110100100000001001111100110000111111010000111001011110110001111000010111011001100000010110010010011011110001000011110100000010011100101100111000101000010110000000100101011000101110000000111010111000001100001011010010100111101000100011100010101100101010001001101111001010011110110111010000100110110000001100011001011000100011101000101011111111111111111111
45,816.950 F H L M C Partn Cert Umbs 43,064.73 43,844.33 0.3 1,145.42
Pool #Sb8026 93.9930 95.69 2.66
3132D54K5
Standard & Poors Rating: N/A
Moodys Rating: N/A
120,310.730 F N M A Partn Cert 116,874.66 126,230.77 0.9 3,609.32
Pool #Fm6017 97.1440 104.92 3.09
3140X9VK8
Standard & Poors Rating: N/A
Moodys Rating: N/A
38,699.930 F N M A Partn Cert 37,734.37 37,708.24 0.3 1,354.50
Pool #Fm3340 97.5050 97.44 3.59
3140X6WA5
Standard & Poors Rating: N/A
Moodys Rating: N/A
20,794.100 F H L M C Partn Cert 18,948.21 18,794.30 0.2 415.88
Pool #Sb8057 91.1230 90.38 2.19
3132D55S7
Standard & Poors Rating: N/A
Moodys Rating: N/A
53,554.270 F N M A Partn Cert Umbs 51,370.86 52,700.10 0.4 1,606.63
Pool #Ma4112 95.9230 98.41 3.13
31418DSA1
Standard & Poors Rating: N/A
Moodys Rating: N/A
135,550.690 F N M A Partn Cert Umbs 123,515.14 121,568.32 1.0 2,711.01
Pool #Ma4279 91.1210 89.68 2.19
31418DXH0
Standard & Poors Rating: N/A
Moodys Rating: N/A
24,682.960 G N M A Gtd R E M I C Pass Thru 24,145.12 0.20 0.2 420.84
C M O Ser 2013 105 Cl A 97.8210 0.00 1.74
38378KXW4
Standard & Poors Rating: N/A
Moodys Rating: N/A
29,380.950 G N M A Gtd R E M I C Pass Thru 28,520.97 7,662.30 0.2 881.43
C M O Ser 2010 4 Cl Pd 97.0730 26.08 3.09
38376T5Z1
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.500 12/01/2034
3.000 02/01/2035
3.500 05/01/2035
2.000 08/01/2035
3.000 08/01/2035
2.000 03/01/2036
1.705 02/16/2037
3.000 01/16/2039
00- -M -PF-PC -032-04 02450104 24501
Page 12 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
116
19,516.800 G N M A Gtd R E M I C Pass Thru 19,152.62 9,641.27 0.2 585.50
C M O Ser 2010 166 Cl Gp 98.1340 49.40 3.06
38377RVK8
Standard & Poors Rating: N/A
Moodys Rating: N/A
11,566.980 G N M A Gtd R E M I C Pass Thru 11,253.28 11,710.65 0.1 347.01
C M O Ser 2010 6 Cl Ab 97.2880 101.24 3.08
38376TTT9
Standard & Poors Rating: N/A
Moodys Rating: N/A
13,338.430 G N M A Gtd R E M I C Pass Thru 13,235.06 13,189.02 0.1 266.77
C M O Ser 2011 136 Cl Ga 99.2250 98.88 2.02
38377YTL4
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,833.950 F N M A Gtd R E M I C Pass Thru 54,855.74 54,612.58 0.4 2,233.36
C M O Ser 2010 123 Cl Pm 98.2480 97.81 4.07
31398NY24
Standard & Poors Rating: N/A
Moodys Rating: N/A
5,988.110 G N M A Gtd R E M I C Pass Thru 5,875.35 6,042.00 0.1 179.64
C M O Ser 2011 18 Cl Pg 98.1170 100.90 3.06
38377QKH9
Standard & Poors Rating: N/A
Moodys Rating: N/A
9,095.770 G N M A Gtd R E M I C Pass Thru 8,807.16 8,982.09 0.1 136.44
C M O Ser 2013 47 Cl Ec 96.8270 98.75 1.55
38378JZD7
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,305.770 G N M A Gtd R E M I C Pass Thru 37,439.53 0.16 0.3 982.64
C M O Ser 2013 71 Cl Ga 95.2520 0.00 2.63
38378TAF7
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,429.890 G N M A Gtd R E M I C Pass Thru 34,178.51 34,151.10 0.3 797.17
C M O Ser 2013 116 Cl Ma 96.4680 96.39 2.33
38378VC45
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.000 04/20/2039
3.000 11/20/2039
2.000 05/20/2040
4.000 07/25/2040
3.000 08/20/2040
1.500 12/20/2040
2.500 07/20/2041
2.250 12/16/2041
00- -M -PF-PC -032-04 02450104 24501
Page 13 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
117
1010101010101010101010110101010001010011101000110100100000001001111100110000011111010000111001011110110001110100010111011001100000010010000010011011110001010101110100000010101101001100111000001111110110000000111001000000101110010111000110111000001101101000010010100011101100000111100011010010011110001001100011001100000110100101010101010100110001110100111101011000100011101000001011111111111111111111
23,519.910 F N M A Gtd R E M I C Pass Thru 22,676.96 23,855.04 0.2 470.40
C M O Ser 2012 148 Cl Mc 96.4160 101.42 2.07
3136ABNZ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
11,595.680 G N M A Gtd R E M I C Pass Thru 11,482.62 11,195.27 0.1 276.97
C M O Ser 2013 78 Cl Ag 99.0250 96.55 2.41
38378KRS0
Standard & Poors Rating: N/A
Moodys Rating: N/A
14,062.700 G N M A Gtd R E M I C Pass Thru 13,765.41 14,131.67 0.1 421.88
C M O Ser 2018 153 Cl Wj 97.8860 100.49 3.06
38381AZ58
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,942.410 G N M A Gtd R E M I C Pass Thru 37,742.38 40,266.44 0.3 1,198.27
C M O Ser 2016 147 Cl Da 94.4920 100.81 3.17
38380AZ34
Standard & Poors Rating: N/A
Moodys Rating: N/A
219,356.290 G N M A Gtd R E M I C Pass Thru 208,274.41 99,831.83 1.7 5,659.22
C M O Ser 2013 74 Cl Al 94.9480 45.51 2.72
38378KSL4
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,973.690 G N M A Gtd R E M I C Pass Thru 33,834.56 37,003.60 0.3 962.77
C M O Ser 2015 29 Cl Ad 89.1000 97.45 2.85
38379KDN5
Standard & Poors Rating: N/A
Moodys Rating: N/A
Principal Cash - 36,762.07 - 36,762.07 - 0.3
Income Cash 36,762.07 36,762.07 0.3
2.000 11/25/2042
2.388 07/16/2043
3.000 11/20/2045
3.000 04/20/2046
12/16/2046 Var
09/16/2055 Var
98.1 $184,211.34 $12,282,912.18 $12,464,669.36
00- -M -PF-PC -032-04 02450104 24501
Page 14 of 63
Security Description
Cash
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Total US Government Issues
ACCOUNT NUMBER: 256350023
ASSET DETAIL AS OF 01/31/23 (continued)
118
Total Cash
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services
believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for
which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values
shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may
be updated less frequently than statement generation.
For further information, please contact your Analyst.
Yield at Market and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for
making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they
provide no guarantee of what your investments may earn in the future.
0.0$0.00 $0.00
100.0 $192,834.67 $12,516,958.51 $12,698,715.69
00- -M -PF-PC -032-04 02450104 24501
Page 15 of 63
Security Description
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
Total Assets
ASSET DETAIL AS OF 01/31/23 (continued)
ASSET DETAIL MESSAGES
119
01/03/23 Distributed 0.01 Par Value Of - 0.01
F N M A #Bm6007 2.596% 6/01/49
Valued At 0.01 USD
Market Value Of 0.01 USD
To Clear Small Difference
3140JAU97
01/03/23 Interest Earned On 2,843.75
U S Treasury Nt 1.750% 12/31/24
0.00875 USD/$1 Pv On 325,000 Par Value Due 12/31/22
912828YY0
01/03/23 Cash Disbursement - 2,843.75
Transfer To Principal
Income Earnings
01/03/23 Cash Receipt 2,843.75
Transfer From Income
Income Earnings
01/03/23 Purchased 2,843.75 Units Of - 2,843.75 2,843.75
First Am Govt Ob Fd Cl D
Trade Date 1/3/23
31846V401
01/03/23 Interest Earned On 363.78
First Am Govt Ob Fd Cl D
Interest From 12/1/22 To 12/31/22
31846V401
01/04/23 Cash Disbursement - 363.78
Transfer To Principal
Income Earnings
01/04/23 Cash Receipt 363.78
Transfer From Income
Income Earnings
01/04/23 Purchased 363.78 Units Of - 363.78 363.78
First Am Govt Ob Fd Cl D
Trade Date 1/4/23
31846V401
01/13/23 Purchased 35,000 Par Value Of - 33,619.14 33,619.14
F H L M C Mltcl Mtg 3.291% 3/25/27
Trade Date 1/10/23
Purchased Through Wfslus33 Wells Fargo Charl Nc
Swift External Ref#: 00600600006220A
35,000 Par Value At 96.05468571 %
3137BXRT1
01/13/23 Paid Accrued Interest On Purchase Of - 38.39
F H L M C Mltcl Mtg 3.291% 3/25/27
Income Debit 38.39- USD
3137BXRT1
00- -M -PF-PC -032-04 02450104 24501
Page 17 of 63
Beginning Balance 01/01/2023 $.00 $.00 $12,563,732.86
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL
120
1010101010101010101010110101010111010011101000110100100000001001111100110000111111010000111001000110110001101100010000011001100000010110000010011011110110011111110100000011100000001100111000010010010110000000110000110000101110001001100000111000001000011001110010100111101011011011100010000100011110001001110011111111011110101001011101011110110100111100110011011000101011011000001011111111111111111111
01/13/23 Sold 33,657.53 Units Of 33,657.53 - 33,657.53
First Am Govt Ob Fd Cl D
Trade Date 1/13/23
31846V401
01/17/23 Interest Earned On 68.13
G N M A Gtd Remic 2.250% 12/16/41
$0.00188/Pv On 36,338.57 Pv Due 1/16/23
38378VC45
01/17/23 Paid Down 908.68 Par Value Of 908.68 - 875.88
G N M A Gtd Remic 2.250% 12/16/41
Trade Date 1/16/23
38378VC45
01/17/23 Amortized Premium On - 1.37
G N M A Gtd Remic 3.000% 1/16/39
Fed Basis Decreased By 1.37 USD To 7,914.62 USD
1/16/23
Suspended Amort Amt 1.47 USD
Current Year Amortization
38376T5Z1
01/17/23 Interest Earned On 75.78
G N M A Gtd Remic 3.000% 1/16/39
$0.00250/Pv On 30,315.34 Pv Due 1/16/23
38376T5Z1
01/17/23 Paid Down 934.39 Par Value Of 934.39 - 252.32
G N M A Gtd Remic 3.000% 1/16/39
Trade Date 1/16/23
38376T5Z1
01/17/23 Interest Earned On 24.12
G N M A Gtd Remic 2.38858% 7/16/43
$0.00199/Pv On 12,115.25 Pv Due 1/16/23
38378KRS0
01/17/23 Paid Down 519.57 Par Value Of 519.57 - 501.63
G N M A Gtd Remic 2.38858% 7/16/43
Trade Date 1/16/23
38378KRS0
01/17/23 Interest Earned On 80.40
G N M A Gtd Remic 2.53332% 9/16/55
$0.00211/Pv On 38,051.46 Pv Due 1/16/23
38379KDN5
01/17/23 Paid Down 77.77 Par Value Of 77.77 - 75.78
G N M A Gtd Remic 2.53332% 9/16/55
Trade Date 1/16/23
38379KDN5
01/17/23 Interest Earned On 35.76
G N M A Gtd Remic 1.705% 2/16/37
$0.00142/Pv On 25,165.47 Pv Due 1/16/23
38378KXW4
01/17/23 Paid Down 482.51 Par Value Of 482.51
G N M A Gtd Remic 1.705% 2/16/37
Trade Date 1/16/23
38378KXW4
00- -M -PF-PC -032-04 02450104 24501
Page 18 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
121
01/17/23 Interest Earned On 10.44
F H L M C Mltcl Mtg 2.500% 10/15/28
$0.00208/Pv On 5,011.84 Pv Due 1/15/23
3137B5A60
01/17/23 Paid Down 193.71 Par Value Of 193.71 - 191.53
F H L M C Mltcl Mtg 2.500% 10/15/28
Trade Date 1/15/23
3137B5A60
01/17/23 Amortized Premium On - 8.67
G N M A #779250 3.000% 5/15/27
Fed Basis Decreased By 8.67 USD To 21,698.19 USD
1/15/23
Suspended Amort Amt 10.53 USD
Current Year Amortization
36176XQB8
01/17/23 Paid Down 703.63 Par Value Of 703.63 - 719.10
G N M A #779250 3.000% 5/15/27
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36176XQB8
01/17/23 Interest Earned On 53.08
G N M A #779250 3.000% 5/15/27
December GNMA Due 1/15/23
36176XQB8
01/17/23 Accreted Discount On 18.44
F H L M C Gd G18569 3.000% 9/01/30
Fed Basis Increased By 18.44 USD To 16,479.19 USD
1/17/23
Market Discount
3128MMT37
01/17/23 Paid Down 318.46 Par Value Of 318.46 - 305.27
F H L M C Gd G18569 3.000% 9/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Interest Earned On 42.98
F H L M C Gd G18569 3.000% 9/01/30
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Purchased 38,699.93 Par Value Of - 37,708.24 37,708.24
F N M A #Fm3340 3.500% 5/01/35
Trade Date 1/11/23
Purchased Through First Horizon Bank
Swift External Ref#: 00600600006230B
38,699.93 Par Value At 97.43750149 %
3140X6WA5
01/17/23 Paid Accrued Interest On Purchase Of - 60.20
F N M A #Fm3340 3.500% 5/01/35
Income Debit 60.20- USD
3140X6WA5
00- -M -PF-PC -032-04 02450104 24501
Page 19 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
122
1010101010101010101010110101010110010011101000110100100000001001111100110001011111010000111001001010110001101000010011011001100000010101110010011011110001101011110100000010111101001100111001100001010110000000110100100000101110000111110100111000001111000111110010100101100110101011100011010001111101001001110111100110110110100100011010000110110011010101100001011000101011011011101011111111111111111111
01/17/23 Cash Disbursement - 292.10
Transfer To Principal
Income Earnings
01/17/23 Cash Receipt 292.10
Transfer From Income
Income Earnings
01/17/23 Sold 33,239.03 Units Of 33,239.03 - 33,239.03
First Am Govt Ob Fd Cl D
Trade Date 1/17/23
31846V401
01/18/23 Interest Earned On 594.32
G N M A Gtd Remic 2.58993% 12/16/46
$0.00215/Pv On 276,434.76 Pv Due 1/16/23
38378KSL4
01/18/23 Paid Down 57,078.47 Par Value Of 57,078.47 - 25,977.14
G N M A Gtd Remic 2.58993% 12/16/46
Trade Date 1/16/23
38378KSL4
01/18/23 Purchased 19,904.35 Units Of - 19,904.35 19,904.35
First Am Govt Ob Fd Cl D
Trade Date 1/18/23
31846V401
01/19/23 Purchased 37,768.44 Units Of - 37,768.44 37,768.44
First Am Govt Ob Fd Cl D
Trade Date 1/19/23
31846V401
01/19/23 Cash Disbursement - 534.12
Transfer To Principal
Income Earnings
01/19/23 Cash Receipt 534.12
Transfer From Income
Income Earnings
01/20/23 Purchased 2,195.54 Units Of - 2,195.54 2,195.54
First Am Govt Ob Fd Cl D
Trade Date 1/20/23
31846V401
01/20/23 Interest Earned On 101.22
G N M A Gtd Remic 3.000% 4/20/46
$0.00250/Pv On 40,486.16 Pv Due 1/20/23
38380AZ34
01/20/23 Amortized Premium On - 2.30
G N M A Gtd Remic 3.000% 4/20/46
Fed Basis Decreased By 2.30 USD To 40,814.60 USD
1/20/23
Suspended Amort Amt 1.45 USD
Current Year Amortization
38380AZ34
00- -M -PF-PC -032-04 02450104 24501
Page 20 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
123
01/20/23 Paid Down 543.75 Par Value Of 543.75 - 548.16
G N M A Gtd Remic 3.000% 4/20/46
Trade Date 1/20/23
38380AZ34
01/20/23 Interest Earned On 15.66
G N M A Gtd Remic 3.000% 8/20/40
$0.00250/Pv On 6,261.99 Pv Due 1/20/23
38377QKH9
01/20/23 Amortized Premium On - 0.52
G N M A Gtd Remic 3.000% 8/20/40
Fed Basis Decreased By 0.52 USD To 6,318.35 USD
1/20/23
Suspended Amort Amt 0.33 USD
Current Year Amortization
38377QKH9
01/20/23 Paid Down 273.88 Par Value Of 273.88 - 276.35
G N M A Gtd Remic 3.000% 8/20/40
Trade Date 1/20/23
38377QKH9
01/20/23 Interest Earned On 29.85
G N M A Gtd Remic 3.000% 11/20/39
$0.00250/Pv On 11,938.04 Pv Due 1/20/23
38376TTT9
01/20/23 Amortized Premium On - 1.41
G N M A Gtd Remic 3.000% 11/20/39
Fed Basis Decreased By 1.41 USD To 12,086.32 USD
1/20/23
Suspended Amort Amt 0.89 USD
Current Year Amortization
38376TTT9
01/20/23 Paid Down 371.06 Par Value Of 371.06 - 375.67
G N M A Gtd Remic 3.000% 11/20/39
Trade Date 1/20/23
38376TTT9
01/20/23 Interest Earned On 82.72
G N M A Gtd Remic 2.500% 7/20/41
$0.00208/Pv On 39,703.51 Pv Due 1/20/23
38378TAF7
01/20/23 Paid Down 397.74 Par Value Of 397.74
G N M A Gtd Remic 2.500% 7/20/41
Trade Date 1/20/23
38378TAF7
01/20/23 Amortized Premium On - 0.56
G N M A Gtd Remic 2.000% 5/20/40
Fed Basis Decreased By 0.56 USD To 13,521.70 USD
1/20/23
Suspended Amort Amt 0.35 USD
Current Year Amortization
38377YTL4
00- -M -PF-PC -032-04 02450104 24501
Page 21 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
124
1010101010101010101010110101010101010011101000110100100000001001111100110001111111010000111001001010110001100100010011011001100000010001100010011011110001111101110100000010001100101100111001000110110110000000101000111000101110010000001000111000001110100100110010100001100010001111100010101111001001001001111011100000101110110110011111110100110010101101000101011000101011011011001011111111111111111111
01/20/23 Interest Earned On 22.80
G N M A Gtd Remic 2.000% 5/20/40
$0.00167/Pv On 13,674.88 Pv Due 1/20/23
38377YTL4
01/20/23 Paid Down 336.45 Par Value Of 336.45 - 332.68
G N M A Gtd Remic 2.000% 5/20/40
Trade Date 1/20/23
38377YTL4
01/20/23 Amortized Premium On - 0.44
G N M A Gtd Remic 3.000% 4/20/39
Fed Basis Decreased By 0.44 USD To 10,050.28 USD
1/20/23
Suspended Amort Amt 0.28 USD
Current Year Amortization
38377RVK8
01/20/23 Interest Earned On 50.87
G N M A Gtd Remic 3.000% 4/20/39
$0.00250/Pv On 20,344.77 Pv Due 1/20/23
38377RVK8
01/20/23 Paid Down 827.97 Par Value Of 827.97 - 409.01
G N M A Gtd Remic 3.000% 4/20/39
Trade Date 1/20/23
38377RVK8
01/20/23 Amortized Premium On - 5.64
G N M A Gtd Remic 1.500% 8/20/27
Fed Basis Decreased By 5.64 USD To 29,759.72 USD
1/20/23
Suspended Amort Amt 3.56 USD
Current Year Amortization
38378HAU0
01/20/23 Interest Earned On 36.90
G N M A Gtd Remic 1.500% 8/20/27
$0.00125/Pv On 29,519.50 Pv Due 1/20/23
38378HAU0
01/20/23 Paid Down 871.44 Par Value Of 871.44 - 878.54
G N M A Gtd Remic 1.500% 8/20/27
Trade Date 1/20/23
38378HAU0
01/20/23 Interest Earned On 36.37
G N M A Gtd Remic 3.000% 11/20/45
$0.00250/Pv On 14,547.51 Pv Due 1/20/23
38381AZ58
01/20/23 Amortized Premium On - 0.61
G N M A Gtd Remic 3.000% 11/20/45
Fed Basis Decreased By 0.61 USD To 14,618.86 USD
1/20/23
Suspended Amort Amt 0.39 USD
Current Year Amortization
38381AZ58
00- -M -PF-PC -032-04 02450104 24501
Page 22 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
125
01/20/23 Paid Down 484.81 Par Value Of 484.81 - 487.19
G N M A Gtd Remic 3.000% 11/20/45
Trade Date 1/20/23
38381AZ58
01/20/23 Interest Earned On 11.88
G N M A Gtd Remic 1.500% 12/20/40
$0.00125/Pv On 9,504.24 Pv Due 1/20/23
38378JZD7
01/20/23 Paid Down 408.47 Par Value Of 408.47 - 403.36
G N M A Gtd Remic 1.500% 12/20/40
Trade Date 1/20/23
38378JZD7
01/20/23 Interest Earned On 20.99
G N M A Gtd Remic 3.000% 10/20/26
$0.00250/Pv On 8,394.97 Pv Due 1/20/23
38378AU90
01/20/23 Amortized Premium On - 2.01
G N M A Gtd Remic 3.000% 10/20/26
Fed Basis Decreased By 2.01 USD To 8,470.41 USD
1/20/23
Suspended Amort Amt 1.27 USD
Current Year Amortization
38378AU90
01/20/23 Paid Down 2,109.34 Par Value Of 2,109.34 - 2,128.30
G N M A Gtd Remic 3.000% 10/20/26
Trade Date 1/20/23
38378AU90
01/20/23 Amortized Premium On - 9.12
G N M A I I #005276 3.000% 1/20/27
Fed Basis Decreased By 9.12 USD To 46,711.29 USD
1/20/23
Suspended Amort Amt 5.77 USD
Current Year Amortization
36202F2H8
01/20/23 Paid Down 1,703.38 Par Value Of 1,703.38 - 1,715.62
G N M A I I #005276 3.000% 1/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36202F2H8
01/20/23 Interest Earned On 115.95
G N M A I I #005276 3.000% 1/20/27
December GNMA Due 1/20/23
36202F2H8
01/20/23 Amortized Premium On - 9.01
G N M A I I #Ma0601 2.500% 12/20/27
Fed Basis Decreased By 9.01 USD To 23,877.59 USD
1/20/23
Suspended Amort Amt 5.69 USD
Current Year Amortization
36179MU24
00- -M -PF-PC -032-04 02450104 24501
Page 23 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
126
1010101010101010101010110101010100010011101000110100100000001001111100110000011111010000111001000110110001100000010000011001100000010010010010011011110110001001110100000011010001101100111000110101110110000000101100101000101110011110011100111000001001111010110010100011101111111111100011111010101010001001111111111001000110111011011000101100110101000100010111011000101011011000101011111111111111111111
01/20/23 Paid Down 605.86 Par Value Of 605.86 - 616.29
G N M A I I #Ma0601 2.500% 12/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179MU24
01/20/23 Interest Earned On 48.90
G N M A I I #Ma0601 2.500% 12/20/27
December GNMA Due 1/20/23
36179MU24
01/20/23 Amortized Premium On - 12.26
G N M A I I #Ma0756 2.500% 2/20/28
Fed Basis Decreased By 12.26 USD To 32,710.05 USD
1/20/23
Suspended Amort Amt 7.74 USD
Current Year Amortization
36179MZV5
01/20/23 Paid Down 861.23 Par Value Of 861.23 - 876.36
G N M A I I #Ma0756 2.500% 2/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179MZV5
01/20/23 Interest Earned On 66.97
G N M A I I #Ma0756 2.500% 2/20/28
December GNMA Due 1/20/23
36179MZV5
01/20/23 Amortized Premium On - 8.88
G N M A I I #Ma0909 3.000% 4/20/28
Fed Basis Decreased By 8.88 USD To 16,805.81 USD
1/20/23
Suspended Amort Amt 5.61 USD
Current Year Amortization
36179NAJ7
01/20/23 Paid Down 346.51 Par Value Of 346.51 - 354.54
G N M A I I #Ma0909 3.000% 4/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Interest Earned On 41.06
G N M A I I #Ma0909 3.000% 4/20/28
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Amortized Premium On - 11.75
G N M A I I #005300 3.000% 2/20/27
Fed Basis Decreased By 11.75 USD To 25,492.09 USD
1/20/23
Suspended Amort Amt 7.42 USD
Current Year Amortization
36202F3H7
01/20/23 Paid Down 964.12 Par Value Of 964.12 - 981.42
G N M A I I #005300 3.000% 2/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36202F3H7
00- -M -PF-PC -032-04 02450104 24501
Page 24 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
127
01/20/23 Interest Earned On 62.61
G N M A I I #005300 3.000% 2/20/27
December GNMA Due 1/20/23
36202F3H7
01/20/23 Amortized Premium On - 47.56
G N M A I I #Ma0138 2.500% 6/20/27
Fed Basis Decreased By 47.56 USD To 37,805.48 USD
1/20/23
Suspended Amort Amt 30.04 USD
Current Year Amortization
36179MEK2
01/20/23 Paid Down 1,187.24 Par Value Of 1,187.24 - 1,167.11
G N M A I I #Ma0138 2.500% 6/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179MEK2
01/20/23 Interest Earned On 80.10
G N M A I I #Ma0138 2.500% 6/20/27
December GNMA Due 1/20/23
36179MEK2
01/20/23 Amortized Premium On - 21.20
G N M A II #Ma1202 2.500% 8/20/28
Fed Basis Decreased By 21.20 USD To 53,497.25 USD
1/20/23
Suspended Amort Amt 13.40 USD
Current Year Amortization
36179NKP2
01/20/23 Paid Down 1,436.37 Par Value Of 1,436.37 - 1,464.99
G N M A II #Ma1202 2.500% 8/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NKP2
01/20/23 Interest Earned On 109.28
G N M A II #Ma1202 2.500% 8/20/28
December GNMA Due 1/20/23
36179NKP2
01/20/23 Accreted Discount On 23.46
G N M A I I #Ma4691 3.500% 9/20/32
Fed Basis Increased By 23.46 USD To 38,933.84 USD
1/20/23
Market Discount
36179TF83
01/20/23 Paid Down 594.84 Par Value Of 594.84 - 579.76
G N M A I I #Ma4691 3.500% 9/20/32
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179TF83
01/20/23 Interest Earned On 116.51
G N M A I I #Ma4691 3.500% 9/20/32
December GNMA Due 1/20/23
36179TF83
00- -M -PF-PC -032-04 02450104 24501
Page 25 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
128
1010101010101010101010110101010011010011101000110100100000001001111100110001111111010000101001001010110001111100000011011001100000010010000010011011110001110011110100000011110110101100111001000000110110000000110111001000101110010000001010111000001010001101100010100111001010001111100010000111101100001000110001000111000110110000000001001010110101010101110101011000100111011011001011111111111111111111
01/20/23 Cash Receipt 55,000.00
Transfer From Another Trust
Transfer From #256350000
2013 Toll Revenue Fd
Per Fifth Clause Sec. 5.03(B)
And Sec. 5.08 Of Indenture And
Written Certificate Dtd 1/18/2023
Agmarsh
01/20/23 Cash Disbursement - 1,110.84
Transfer To Principal
Income Earnings
01/20/23 Cash Receipt 1,110.84
Transfer From Income
Income Earnings
01/20/23 Purchased 70,375.1 Units Of - 70,375.10 70,375.10
First Am Govt Ob Fd Cl D
Trade Date 1/20/23
31846V401
01/23/23 Purchased 46,793.55 Units Of - 46,793.55 46,793.55
First Am Govt Ob Fd Cl D
Trade Date 1/23/23
31846V401
01/23/23 Cash Disbursement - 147.07
Transfer To Principal
Income Earnings
01/23/23 Cash Receipt 147.07
Transfer From Income
Income Earnings
01/24/23 Par Value Of G N M A II #Ma1202 2.5% 8/20/28
Adjusted By 0.01 Par Value
Old Par Value 36,010.98/New Par Value 36,010.99
36179NKP2
01/24/23 Purchased 48,989.09 Units Of - 48,989.09 48,989.09
First Am Govt Ob Fd Cl D
Trade Date 1/24/23
31846V401
01/24/23 Sold 48,989.09 Units Of 48,989.09 - 48,989.09
First Am Govt Ob Fd Cl D
Trade Date 1/23/23
31846V401
01/24/23 Amortized Premium On - 3.26
G N M A II #Ma1202 2.500% 8/20/28
Fed Basis Decreased By 3.26 USD To 52,029.00 USD
1/23/23
Current Year Amortization
36179NKP2
00- -M -PF-PC -032-04 02450104 24501
Page 26 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
129
01/24/23 Sold 51,015.55 Par Value Of 48,911.15 - 52,029.00
G N M A II #Ma1202 2.500% 8/20/28
Trade Date 1/18/23
Sold Through Stonex Financial Inc./Bd Rates
Swift External Ref#: 00600600006250B
51,015.55 Par Value At 95.87498979 %
36179NKP2
01/24/23 Received Accrued Interest On Sale Of 77.94
G N M A II #Ma1202 2.500% 8/20/28
Income Credit 77.94 USD
36179NKP2
01/25/23 Interest Earned On 158.45
F N M A #109412 3.680% 8/01/28
Int Due 01/25/23
313637N55
01/25/23 Accreted Discount On 21.34
F N M A #An1613 2.550% 7/01/26
Fed Basis Increased By 21.34 USD To 42,721.79 USD
1/25/23
Market Discount
3138LDYK3
01/25/23 Paid Down 91.37 Par Value Of 91.37 - 89.56
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Interest Earned On 95.70
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Interest Earned On 1.44
F N M A Gtd Remic 2.810% 4/25/23
$0.00234/Pv On 613.63 Pv Due 1/25/23
3136AHAE0
01/25/23 Amortized Premium On - 0.13
F N M A Gtd Remic 2.810% 4/25/23
Fed Basis Decreased By 0.13 USD To 614.41 USD
1/25/23
Suspended Amort Amt 0.04 USD
Current Year Amortization
3136AHAE0
01/25/23 Paid Down 613.63 Par Value Of 613.63 - 614.41
F N M A Gtd Remic 2.810% 4/25/23
Trade Date 1/25/23
3136AHAE0
01/25/23 Interest Earned On 38.24
F N M A Gtd Remic 3.021% 8/25/24
$0.00252/Pv On 15,190.69 Pv Due 1/25/23
3136ALYF2
01/25/23 Paid Down 916.22 Par Value Of 916.22 - 913.54
F N M A Gtd Remic 3.021% 8/25/24
Trade Date 1/25/23
3136ALYF2
00- -M -PF-PC -032-04 02450104 24501
Page 27 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
130
1010101010101010101010110101010010010011101000110100100000001001111100110000011111010000101001000110110001111000000000011001100000010001110010011011110110000111110100000010101011101100111000110011110110000000110011011000101110011110011110111000001101010011100010100101000111111111100011010010001111001000110101011110101110111101000110010010110010111100100111011000100111011000101011111111111111111111
01/25/23 Accreted Discount On 0.09
F N M A #Al3382 2.381% 3/01/23
Fed Basis Increased By 0.09 USD To 19,806.21 USD
1/25/23
Market Discount
3138EKXL4
01/25/23 Accreted Discount On 0.06
F N M A #Al3382 2.381% 3/01/23
Fed Basis Increased By 0.06 USD To 6,073.26 USD
1/25/23
Market Discount
3138EKXL4
01/25/23 Accreted Discount On 0.04
F N M A #Al3382 2.381% 3/01/23
Fed Basis Increased By 0.04 USD To 5,016.95 USD
1/25/23
Market Discount
3138EKXL4
01/25/23 Paid Down 15,405.33 Par Value Of 15,405.33 - 15,405.23
F N M A #Al3382 2.381% 3/01/23
P & I Due 1/25/23
3138EKXL4
01/25/23 Interest Earned On 40.61
F N M A #Al3382 2.381% 3/01/23
P & I Due 1/25/23
3138EKXL4
01/25/23 Interest Earned On 183.48
F N M A Gtd Remic 2.70674% 6/25/25
$0.00225/Pv On 81,617.16 Pv Due 1/25/23
3136AQHL7
01/25/23 Paid Down 105.26 Par Value Of 105.26 - 104.01
F N M A Gtd Remic 2.70674% 6/25/25
Trade Date 1/25/23
3136AQHL7
01/25/23 Amortized Premium On - 225.63
F H L M C Mltcl Mt 2.905% 4/25/24
Fed Basis Decreased By 225.63 USD To 304,369.02 USD
1/25/23
Suspended Amort Amt 65.81 USD
Current Year Amortization
3137BYPQ7
01/25/23 Interest Earned On 726.04
F H L M C Mltcl Mt 2.905% 4/25/24
$0.00242/Pv On 299,912.04 Pv Due 1/25/23
3137BYPQ7
01/25/23 Paid Down 364.45 Par Value Of 364.45 - 369.86
F H L M C Mltcl Mt 2.905% 4/25/24
Trade Date 1/25/23
3137BYPQ7
00- -M -PF-PC -032-04 02450104 24501
Page 28 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
131
01/25/23 Interest Earned On 41.61
F H L M C Mltcl Mtg 3.329% 5/25/25
0.002774 USD/$1 Pv On 15,000 Par Value Due 1/25/23
3137BKRJ1
01/25/23 Interest Earned On 101.26
F H L M C Mltcl Mt 3.284% 6/25/25
0.002737 USD/$1 Pv On 37,000 Par Value Due 1/25/23
3137BLAC2
01/25/23 Amortized Premium On - 11.72
F H L M C Mltcl Mt 3.30433% 2/25/23
Fed Basis Decreased By 11.72 USD To 100,071.55 USD
1/25/23
Suspended Amort Amt 3.42 USD
Current Year Amortization
3137B36J2
01/25/23 Interest Earned On 276.36
F H L M C Mltcl Mt 3.30433% 2/25/23
$0.00275/Pv On 100,363.50 Pv Due 1/25/23
3137B36J2
01/25/23 Paid Down 88,549.35 Par Value Of 88,549.35 - 88,291.77
F H L M C Mltcl Mt 3.30433% 2/25/23
Trade Date 1/25/23
3137B36J2
01/25/23 Interest Earned On 184.45
F H L M C Mltcl Mt 3.458% 8/25/23
$0.00288/Pv On 64,008.89 Pv Due 1/25/23
3137B5KW2
01/25/23 Paid Down 146.83 Par Value Of 146.83 - 145.16
F H L M C Mltcl Mt 3.458% 8/25/23
Trade Date 1/25/23
3137B5KW2
01/25/23 Interest Earned On 102.40
F H L M C Mltcl Mt 3.250% 4/25/23
$0.00271/Pv On 37,808.26 Pv Due 1/25/23
3137B3NA2
01/25/23 Paid Down 11,510.37 Par Value Of 11,510.37 - 11,450.12
F H L M C Mltcl Mt 3.250% 4/25/23
Trade Date 1/25/23
3137B3NA2
01/25/23 Interest Earned On 403.96
F H L M C Mltcl Mt 2.76996% 5/25/25
$0.00231/Pv On 175,000.00 Pv Due 1/25/23
3137BJQ71
01/25/23 Interest Earned On 150.50
F H L M C Mltcl Mtg 3.010% 8/25/25
$0.00251/Pv On 60,000.00 Pv Due 1/25/23
3137BLMZ8
00- -M -PF-PC -032-04 02450104 24501
Page 29 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
132
1010101010101010101010110101010001010011101000110100100000001001111100110000111111010000101001000110110001110100000000011001100000010101100010011011110110010001110100000010011010001100111000010100010110000000101111000000101110001001100010111000001100110000100010100001000011011011100010101100111011001000111001011000110110101111000011100000110011000100000011011000100111011000001011111111111111111111
01/25/23 Amortized Premium On - 104.13
F H L M C Mltcl Mtg 2.802% 1/25/25
Fed Basis Decreased By 104.13 USD To 184,684.49 USD
1/25/23
Suspended Amort Amt 30.37 USD
Current Year Amortization
3137BLW87
01/25/23 Interest Earned On 427.46
F H L M C Mltcl Mtg 2.802% 1/25/25
$0.00233/Pv On 183,065.87 Pv Due 1/25/23
3137BLW87
01/25/23 Paid Down 6,189.78 Par Value Of 6,189.78 - 6,244.51
F H L M C Mltcl Mtg 2.802% 1/25/25
Trade Date 1/25/23
3137BLW87
01/25/23 Interest Earned On 156.43
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 55,000.00 Pv Due 1/25/23
3137BUX60
01/25/23 Interest Earned On 96.86
F H L M C Mltcl Mt 2.920% 9/25/24
$0.00243/Pv On 39,805.12 Pv Due 1/25/23
3137F4CY6
01/25/23 Amortized Premium On - 42.38
F H L M C Mltcl Mt 2.920% 9/25/24
Fed Basis Decreased By 42.38 USD To 41,369.60 USD
1/25/23
Suspended Amort Amt 12.36 USD
Current Year Amortization
3137F4CY6
01/25/23 Paid Down 15.94 Par Value Of 15.94 - 16.57
F H L M C Mltcl Mt 2.920% 9/25/24
Trade Date 1/25/23
3137F4CY6
01/25/23 Interest Earned On 31.13
F H L M C Mltcl Mtg 2.951% 2/25/24
$0.00246/Pv On 12,659.05 Pv Due 1/25/23
3137FCM35
01/25/23 Amortized Premium On - 2.89
F H L M C Mltcl Mtg 2.951% 2/25/24
Fed Basis Decreased By 2.89 USD To 12,707.50 USD
1/25/23
Suspended Amort Amt 0.84 USD
Current Year Amortization
3137FCM35
01/25/23 Paid Down 921 Par Value Of 921.00 - 924.52
F H L M C Mltcl Mtg 2.951% 2/25/24
Trade Date 1/25/23
3137FCM35
00- -M -PF-PC -032-04 02450104 24501
Page 30 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
133
01/25/23 Interest Earned On 697.92
F H L M C Mltcl Mt 3.350% 1/25/28
$0.00279/Pv On 250,000.00 Pv Due 1/25/23
3137FETN0
01/25/23 Interest Earned On 234.38
F H L M C Mltcl Mt 3.750% 8/25/25
$0.00313/Pv On 75,000.00 Pv Due 1/25/23
3137FJXQ7
01/25/23 Interest Earned On 360.73
F H L M C Mltcl 4.1374% 8/26/24
$0.00345/Pv On 104,623.79 Pv Due 1/25/23
3137FYUR5
01/25/23 Amortized Premium On - 0.65
F H L M C Mltcl 4.1374% 8/26/24
Fed Basis Decreased By 0.65 USD To 104,639.85 USD
1/25/23
Suspended Amort Amt 0.19 USD
Current Year Amortization
3137FYUR5
01/25/23 Paid Down 26,022.91 Par Value Of 26,022.91 - 26,026.90
F H L M C Mltcl 4.1374% 8/26/24
Trade Date 1/25/23
3137FYUR5
01/25/23 Purchased 140,750.83 Units Of - 140,750.83 140,750.83
First Am Govt Ob Fd Cl D
Trade Date 1/25/23
31846V401
01/25/23 Interest Earned On 26.23
F N M A Gtd Remic 1.500% 9/25/27
$0.00125/Pv On 20,985.87 Pv Due 1/25/23
3136A8SX9
01/25/23 Amortized Premium On - 5.56
F N M A Gtd Remic 1.500% 9/25/27
Fed Basis Decreased By 5.56 USD To 21,173.91 USD
1/25/23
Suspended Amort Amt 1.62 USD
Current Year Amortization
3136A8SX9
01/25/23 Paid Down 577.34 Par Value Of 577.34 - 582.51
F N M A Gtd Remic 1.500% 9/25/27
Trade Date 1/25/23
3136A8SX9
01/25/23 Interest Earned On 39.94
F N M A Gtd Remic 2.000% 11/25/42
$0.00167/Pv On 23,966.15 Pv Due 1/25/23
3136ABNZ2
00- -M -PF-PC -032-04 02450104 24501
Page 31 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
134
1010101010101010101010110101010000010011101000110100100000001001111100110001011111010000101001001010110001110000000011011001100000010110010010011011110001100101110100000011000111001100111001100111010110000000101011010000101110000111110110111000001011101110100010100011001110101011100011111001011000001000111101000001011110100010000100111000110100101101010001011000100111011011101011111111111111111111
01/25/23 Amortized Premium On - 3.12
F N M A Gtd Remic 2.000% 11/25/42
Fed Basis Decreased By 3.12 USD To 24,307.64 USD
1/25/23
Suspended Amort Amt 0.91 USD
Current Year Amortization
3136ABNZ2
01/25/23 Paid Down 446.24 Par Value Of 446.24 - 452.60
F N M A Gtd Remic 2.000% 11/25/42
Trade Date 1/25/23
3136ABNZ2
01/25/23 Interest Earned On 30.08
F N M A Gtd Remic 2.592% 3/25/23
$0.00216/Pv On 13,913.61 Pv Due 1/25/23
3136AC7J4
01/25/23 Paid Down 1,636.78 Par Value Of 1,636.78 - 1,619.65
F N M A Gtd Remic 2.592% 3/25/23
Trade Date 1/25/23
3136AC7J4
01/25/23 Interest Earned On 2.43
F N M A Gtd Remic 1.500% 4/25/23
$0.00125/Pv On 1,942.18 Pv Due 1/25/23
3136ADFF1
01/25/23 Paid Down 1,071.01 Par Value Of 1,071.01 - 1,055.61
F N M A Gtd Remic 1.500% 4/25/23
Trade Date 1/25/23
3136ADFF1
01/25/23 Interest Earned On 36.44
F N M A Gtd Remic 1.750% 7/25/28
$0.00146/Pv On 24,986.34 Pv Due 1/25/23
3136AEY84
01/25/23 Amortized Premium On - 6.69
F N M A Gtd Remic 1.750% 7/25/28
Fed Basis Decreased By 6.69 USD To 25,247.87 USD
1/25/23
Suspended Amort Amt 1.95 USD
Current Year Amortization
3136AEY84
01/25/23 Paid Down 720.06 Par Value Of 720.06 - 727.60
F N M A Gtd Remic 1.750% 7/25/28
Trade Date 1/25/23
3136AEY84
01/25/23 Interest Earned On 273.64
F N M A Gtd Remic 2.702% 2/25/26
$0.00225/Pv On 121,529.69 Pv Due 1/25/23
3136ARTE8
01/25/23 Paid Down 125.28 Par Value Of 125.28 - 123.77
F N M A Gtd Remic 2.702% 2/25/26
Trade Date 1/25/23
3136ARTE8
00- -M -PF-PC -032-04 02450104 24501
Page 32 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
135
01/25/23 Interest Earned On 60.47
F N M A Gtd Remic 2.553% 12/25/26
$0.00213/Pv On 28,414.70 Pv Due 1/25/23
3136AVY52
01/25/23 Paid Down 31 Par Value Of 31.00 - 28.94
F N M A Gtd Remic 2.553% 12/25/26
Trade Date 1/25/23
3136AVY52
01/25/23 Interest Earned On 190.30
F N M A Gtd Remic 4.000% 7/25/40
$0.00333/Pv On 57,090.76 Pv Due 1/25/23
31398NY24
01/25/23 Paid Down 1,256.81 Par Value Of 1,256.81 - 1,229.32
F N M A Gtd Remic 4.000% 7/25/40
Trade Date 1/25/23
31398NY24
01/25/23 Accreted Discount On 7.91
F H L M C #Zs8585 3.000% 10/01/30
Fed Basis Increased By 7.91 USD To 25,916.75 USD
1/25/23
Market Discount
3132A9RE9
01/25/23 Paid Down 458.48 Par Value Of 458.48 - 453.04
F H L M C #Zs8585 3.000% 10/01/30
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A9RE9
01/25/23 Interest Earned On 65.57
F H L M C #Zs8585 3.000% 10/01/30
December FHLMC Due 1/25/23
3132A9RE9
01/25/23 Amortized Premium On - 66.42
F H L M C #Zs8063 2.500% 9/01/32
Fed Basis Decreased By 66.42 USD To 127,627.32 USD
1/25/23
Suspended Amort Amt 19.37 USD
Current Year Amortization
3132A85Y1
01/25/23 Paid Down 2,106.6 Par Value Of 2,106.60 - 2,173.79
F H L M C #Zs8063 2.500% 9/01/32
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132A85Y1
01/25/23 Interest Earned On 257.67
F H L M C #Zs8063 2.500% 9/01/32
December FHLMC Due 1/25/23
3132A85Y1
00- -M -PF-PC -032-04 02450104 24501
Page 33 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
136
1010101010101010101010110101010111010011101000110100100000001001111100110000111111010000101001011110110001101100001110011001100000010001010010011011110010010001110100000010100111001100111001011111010110000000111110101000101110011111011100111000001110101001010010100110010000101011100011110011101100001000001110011001111110110101001000011000110100001100001011011000100101001001001011111111111111111111
01/25/23 Amortized Premium On - 196.07
F H L M C #Zt1963 3.500% 11/01/30
Fed Basis Decreased By 196.07 USD To 243,086.63 USD
1/25/23
Suspended Amort Amt 57.19 USD
Current Year Amortization
3132AEFC5
01/25/23 Paid Down 5,316.64 Par Value Of 5,316.64 - 5,529.73
F H L M C #Zt1963 3.500% 11/01/30
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEFC5
01/25/23 Interest Earned On 681.68
F H L M C #Zt1963 3.500% 11/01/30
December FHLMC Due 1/25/23
3132AEFC5
01/25/23 Amortized Premium On - 39.45
F H L M C #Zt1970 3.500% 4/01/33
Fed Basis Decreased By 39.45 USD To 50,106.58 USD
1/25/23
Suspended Amort Amt 11.51 USD
Current Year Amortization
3132AEFK7
01/25/23 Paid Down 613.47 Par Value Of 613.47 - 646.40
F H L M C #Zt1970 3.500% 4/01/33
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEFK7
01/25/23 Interest Earned On 138.70
F H L M C #Zt1970 3.500% 4/01/33
December FHLMC Due 1/25/23
3132AEFK7
01/25/23 Accreted Discount On 35.43
F H L M C #Sb8026 2.500% 12/01/34
Fed Basis Increased By 35.43 USD To 44,379.01 USD
1/25/23
Market Discount
3132D54K5
01/25/23 Paid Down 558.73 Par Value Of 558.73 - 534.68
F H L M C #Sb8026 2.500% 12/01/34
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D54K5
01/25/23 Interest Earned On 96.62
F H L M C #Sb8026 2.500% 12/01/34
December FHLMC Due 1/25/23
3132D54K5
01/25/23 Accreted Discount On 44.31
F H L M C #Sb8057 2.000% 8/01/35
Fed Basis Increased By 44.31 USD To 18,983.73 USD
1/25/23
Market Discount
3132D55S7
00- -M -PF-PC -032-04 02450104 24501
Page 34 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
137
01/25/23 Paid Down 209.59 Par Value Of 209.59 - 189.43
F H L M C #Sb8057 2.000% 8/01/35
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Interest Earned On 35.01
F H L M C #Sb8057 2.000% 8/01/35
December FHLMC Due 1/25/23
3132D55S7
01/25/23 Amortized Premium On - 14.73
F N M A #Bl1077 4.000% 12/01/28
Fed Basis Decreased By 14.73 USD To 39,042.44 USD
1/25/23
Suspended Amort Amt 4.30 USD
Current Year Amortization
3140HSFT3
01/25/23 Paid Down 49.64 Par Value Of 49.64 - 51.37
F N M A #Bl1077 4.000% 12/01/28
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140HSFT3
01/25/23 Interest Earned On 129.95
F N M A #Bl1077 4.000% 12/01/28
December FNMA Due 1/25/23
3140HSFT3
01/25/23 Paid Down 29.59 Par Value Of 29.59 - 29.59
F N M A #Bm1757 2.536% 4/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Interest Earned On 27.72
F N M A #Bm1757 2.536% 4/01/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Accreted Discount On 90.77
F N M A #Bl5365
Fed Basis Increased By 90.77 USD To 52,311.72 USD
1/25/23
Market Discount
3140HW6B3
01/25/23 Paid Down 101.59 Par Value Of 101.59 - 93.87
F N M A #Bl5365
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140HW6B3
01/25/23 Interest Earned On 102.86
F N M A #Bl5365
December FNMA Due 1/25/23
3140HW6B3
00- -M -PF-PC -032-04 02450104 24501
Page 35 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
138
1010101010101010101010110101010110010011101000110100100000001001111100110001011111010000101001010010110001101000001101011001100000010010100010011011110101100101110100000011111010001100111000101100010110000000111010111000101110010001001000111000001001110111010010100100011101011011100010100110001111001000001010000000010110111000001111000000110011100101011001011000100101001010101011111111111111111111
01/25/23 Paid Down 90.16 Par Value Of 90.16 - 89.65
F N M A #Ma0293 4.500% 1/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31417YKF3
01/25/23 Interest Earned On 20.32
F N M A #Ma0293 4.500% 1/01/30
December FNMA Due 1/25/23
31417YKF3
01/25/23 Amortized Premium On - 15.32
F N M A #Al5851 3.500% 10/01/29
Fed Basis Decreased By 15.32 USD To 16,307.38 USD
1/25/23
Suspended Amort Amt 4.47 USD
Current Year Amortization
3138ENQD4
01/25/23 Paid Down 344.85 Par Value Of 344.85 - 359.21
F N M A #Al5851 3.500% 10/01/29
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138ENQD4
01/25/23 Interest Earned On 45.66
F N M A #Al5851 3.500% 10/01/29
December FNMA Due 1/25/23
3138ENQD4
01/25/23 Amortized Premium On - 49.64
F N M A #Al8561 3.500% 6/01/31
Fed Basis Decreased By 49.64 USD To 52,627.81 USD
1/25/23
Suspended Amort Amt 14.48 USD
Current Year Amortization
3138ETQP4
01/25/23 Paid Down 1,060.07 Par Value Of 1,060.07 - 1,112.21
F N M A #Al8561 3.500% 6/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138ETQP4
01/25/23 Interest Earned On 146.30
F N M A #Al8561 3.500% 6/01/31
December FNMA Due 1/25/23
3138ETQP4
01/25/23 Amortized Premium On - 78.87
F N M A #Ma2803 2.500% 11/01/31
Fed Basis Decreased By 78.87 USD To 135,594.01 USD
1/25/23
Suspended Amort Amt 23.00 USD
Current Year Amortization
31418CDH4
01/25/23 Paid Down 2,092.39 Par Value Of 2,092.39 - 2,163.16
F N M A #Ma2803 2.500% 11/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418CDH4
00- -M -PF-PC -032-04 02450104 24501
Page 36 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
139
01/25/23 Interest Earned On 273.25
F N M A #Ma2803 2.500% 11/01/31
December FNMA Due 1/25/23
31418CDH4
01/25/23 Amortized Premium On - 35.42
F N M A #As4860 2.500% 5/01/30
Fed Basis Decreased By 35.42 USD To 57,895.45 USD
1/25/23
Suspended Amort Amt 10.33 USD
Current Year Amortization
3138WEMJ5
01/25/23 Paid Down 1,065.56 Par Value Of 1,065.56 - 1,097.79
F N M A #As4860 2.500% 5/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138WEMJ5
01/25/23 Interest Earned On 117.07
F N M A #As4860 2.500% 5/01/30
December FNMA Due 1/25/23
3138WEMJ5
01/25/23 Amortized Premium On - 30.09
F N M A #Al7688 3.500% 11/01/30
Fed Basis Decreased By 30.09 USD To 35,953.07 USD
1/25/23
Suspended Amort Amt 8.78 USD
Current Year Amortization
3138EQRJ3
01/25/23 Paid Down 605.42 Par Value Of 605.42 - 631.52
F N M A #Al7688 3.500% 11/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138EQRJ3
01/25/23 Interest Earned On 100.53
F N M A #Al7688 3.500% 11/01/30
December FNMA Due 1/25/23
3138EQRJ3
01/25/23 Amortized Premium On - 29.34
F N M A #Bm3956 3.000% 12/01/32
Fed Basis Decreased By 29.34 USD To 42,757.33 USD
1/25/23
Suspended Amort Amt 8.56 USD
Current Year Amortization
3140J8ME0
01/25/23 Paid Down 655.88 Par Value Of 655.88 - 684.68
F N M A #Bm3956 3.000% 12/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J8ME0
01/25/23 Interest Earned On 102.40
F N M A #Bm3956 3.000% 12/01/32
December FNMA Due 1/25/23
3140J8ME0
00- -M -PF-PC -032-04 02450104 24501
Page 37 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
140
1010101010101010101010110101010101010011101000110100100000001001111100110001111111010000101001010010110001100100001101011001100000010110110010011011110101110011110100000011001011101100111000001011110110000000100110100000101110000110110100111000001000010100010010100000011001111111100011011000111011001000000110000110001110101010001010110010110010011101111101011000100101001010001011111111111111111111
01/25/23 Accreted Discount On 19.46
F N M A #Ma4112 3.000% 8/01/35
Fed Basis Increased By 19.46 USD To 53,284.19 USD
1/25/23
Market Discount
31418DSA1
01/25/23 Paid Down 593.56 Par Value Of 593.56 - 584.09
F N M A #Ma4112 3.000% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DSA1
01/25/23 Interest Earned On 135.37
F N M A #Ma4112 3.000% 8/01/35
December FNMA Due 1/25/23
31418DSA1
01/25/23 Accreted Discount On 102.07
F N M A #Ma4279 2.000% 3/01/36
Fed Basis Increased By 102.07 USD To 122,542.79 USD
1/25/23
Market Discount
31418DXH0
01/25/23 Accreted Discount On 164.18
F N M A #Ma4279 2.000% 3/01/36
Fed Basis Increased By 164.18 USD To 122,240.06 USD
1/25/23
Market Discount
31418DXH0
01/25/23 Paid Down 1,269.62 Par Value Of 1,269.62 - 1,138.65
F N M A #Ma4279 2.000% 3/01/36
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DXH0
01/25/23 Interest Earned On 228.03
F N M A #Ma4279 2.000% 3/01/36
December FNMA Due 1/25/23
31418DXH0
01/25/23 Amortized Premium On - 85.67
F N M A #Fm6017 3.000% 2/01/35
Fed Basis Decreased By 85.67 USD To 128,634.11 USD
1/25/23
Suspended Amort Amt 24.99 USD
Current Year Amortization
3140X9VK8
01/25/23 Paid Down 2,290.63 Par Value Of 2,290.63 - 2,403.34
F N M A #Fm6017 3.000% 2/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X9VK8
01/25/23 Interest Earned On 306.50
F N M A #Fm6017 3.000% 2/01/35
December FNMA Due 1/25/23
3140X9VK8
00- -M -PF-PC -032-04 02450104 24501
Page 38 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
141
01/25/23 Amortized Premium On - 81.92
F N M A #Ma4309 2.000% 3/01/31
Fed Basis Decreased By 81.92 USD To 188,982.91 USD
1/25/23
Suspended Amort Amt 23.89 USD
Current Year Amortization
31418DYF3
01/25/23 Paid Down 3,169.46 Par Value Of 3,169.46 - 3,245.84
F N M A #Ma4309 2.000% 3/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DYF3
01/25/23 Interest Earned On 307.56
F N M A #Ma4309 2.000% 3/01/31
December FNMA Due 1/25/23
31418DYF3
01/25/23 Accreted Discount On 152.76
F N M A #Bm4154 3.000% 3/01/33
Fed Basis Increased By 152.76 USD To 117,881.18 USD
1/25/23
Market Discount
3140J8TL7
01/25/23 Paid Down 1,528.56 Par Value Of 1,528.56 - 1,439.39
F N M A #Bm4154 3.000% 3/01/33
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J8TL7
01/25/23 Interest Earned On 312.96
F N M A #Bm4154 3.000% 3/01/33
December FNMA Due 1/25/23
3140J8TL7
01/25/23 Cash Disbursement - 4,260.54
Transfer To Principal
Income Earnings
01/25/23 Cash Receipt 4,260.54
Transfer From Income
Income Earnings
01/25/23 Purchased 48,977.29 Units Of - 48,977.29 48,977.29
First Am Govt Ob Fd Cl D
Trade Date 1/25/23
31846V401
01/26/23 Cash Disbursement - 4,471.00
Transfer To Principal
Income Earnings
01/26/23 Cash Receipt 4,471.00
Transfer From Income
Income Earnings
00- -M -PF-PC -032-04 02450104 24501
Page 39 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
142
1010101010101010101010110101010100010011101000110100100000001001111100110000011111010000101001011110110001100000001110011001100000010101000010011011110010000111110100000010010110101100111001111000110110000000100010110000101110001000100000111000001111001010010010100010010100001111100010001101011000001000000010011111100110100111001101101010110101110100101111011000100101001001101011111111111111111111
01/27/23 Purchased 125,000 Par Value Of - 125,000.00 125,000.00
F H L M C 5.125% 1/27/25
Trade Date 1/20/23
Purchased Through Sbnyus33 Citgroup Gbl Mkts Ny
Swift External Ref#: 00600600006260A
125,000 Par Value At 100 %
3134GYFG2
01/27/23 Purchased 50,000 Par Value Of - 48,765.62 48,765.62
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 1/24/23
Purchased Through Wfslus33 Wells Fargo Charl Nc
Swift External Ref#: 00600600006270A
50,000 Par Value At 97.53124 %
3137BKRJ1
01/27/23 Paid Accrued Interest On Purchase Of - 120.21
F H L M C Mltcl Mtg 3.329% 5/25/25
Income Debit 120.21- USD
3137BKRJ1
01/27/23 Sold 173,885.83 Units Of 173,885.83 - 173,885.83
First Am Govt Ob Fd Cl D
Trade Date 1/27/23
31846V401
01/31/23 Interest Earned On 15,537.78
U S Treasury Nt 0.00001% 7/31/23
0.011219 USD/$1 Pv On 1,385,000 Par Value Due 1/31/23
91282CCQ2
01/31/23 Interest Earned On 21,344.50
U S Treasury Nt 0.325% 10/31/23
0.011234 USD/$1 Pv On 1,900,000 Par Value Due 1/31/23
91282CDE8
01/31/23 Purchased 36,882.28 Units Of - 36,882.28 36,882.28
First Am Govt Ob Fd Cl D
Trade Date 1/31/23
31846V401
00- -M -PF-PC -032-04 02450104 24501
Page 40 of 63
RIVERSIDE COUNTY TRANSPORTATION COMM
TOLL REVENUE SENIOR LIEN BONDS
2013 SERIES A AND 2013 SERIES B
2013A AND B RESERVE ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
Ending Balance 01/31/2023 $36,762.07 - $36,762.07 $12,698,715.69
0215094-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 256350023
TRANSACTION DETAIL (continued)
143
500,000.000 American Crystal Sugar Co Disc C P 499,940.00 498,977.78 3.2 23,319.39
02/02/2023 99.9880 99.80 4.66
550,000.000 Dominion Energy South Carolina C P 549,521.50 548,430.36 3.6 26,041.75
02/08/2023 99.9130 99.71 4.74
475,000.000 Dte Elec Co Disc Coml Paper C P 474,705.50 473,543.33 3.1 22,153.52
02/06/2023 99.9380 99.69 4.67
87,039.040 First American Government 87,039.04 87,039.04 0.6 3,337.49
Oblig Fd Cl Y 1.0000 1.00 3.83
31846V203
300,000.000 Potomac Electric Pwr C P 300,000.00 299,962.08 1.9 13,840.80
02/01/2023 100.0000 99.99 4.61
11,814.150 F H L M C Multiclass Mtg Partn 11,773.39 11,823.59 0.1 390.38
C M O Ser K029 Cl A2 99.6550 100.08 3.32
3137B36J2
Standard & Poors Rating: N/A
Moodys Rating: N/A
850,000.000 U S Treasury Note 845,962.50 850,605.19 5.5 4,250.00
0.500 03/15/2023 99.5250 100.07 .50
Standard & Poors Rating: N/A
Moodys Rating: Aaa
22,467.720 F N M A Partn Cert 22,309.55 22,465.68 0.1 569.78
Pool #Bm1757 99.2960 99.99 2.55
3140J55T2
Standard & Poors Rating: N/A
Moodys Rating: N/A
02530KP20
25731EP89
23336KP63
#3763
73768BP16
3.320 02/25/2023
912828ZD5
2.493 04/01/2023
12.4 $88,692.95 $1,911,206.04 $1,907,952.59
00- -M -PF-PC -032-04 02122304 21223
Page 3 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Cash Equivalents
Total Cash Equivalents
US Government Issues
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23
STAMP Portfolio for 2017 Financing - Sales Tax I15 ELP Project
Revenue Fund ATTACHMENT 3
144
1010101010101010101010110101010010010011101000110100100000001001111100010000111111010001001001000010110001100000011011011001101100010100000010011001110111000001110000000011101100001100101000100000110110000000101100110000101110001000011100111000001101000011000010100010000101111111100010011000010101001001110010000011011110111100001100011100110110111101011111011000100111001010001011111111111111111111
94,672.390 F H L M C Multiclass Mtg Partn 94,280.45 94,807.47 0.6 3,076.85
C M O Ser K030 Cl A2 99.5860 100.14 3.26
3137B3NA2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
36,661.200 F H L M C Multiclass Mtg Partn 36,503.92 36,702.60 0.2 950.26
C M O Ser K037 Cl A1 99.5710 100.11 2.60
3137B7YX1
Standard & Poors Rating: AAA
Moodys Rating: N/A
88,711.610 F H L M C Multiclass Mtg Partn 88,229.02 88,866.64 0.6 2,927.48
C M O Ser K031 Cl A2 99.4560 100.17 3.32
3137B3NX2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
1,280,000.000 U S Treasury Note 1,263,500.80 1,257,238.28 8.2 1,600.00
0.125 05/15/2023 98.7110 98.22 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
285,819.180 F H L M C Multiclass Mtg Partn 283,769.86 282,827.00 1.8 9,460.61
C M O Ser K032 Cl A2 99.2830 98.95 3.33
3137B4GY6
Standard & Poors Rating: N/A
Moodys Rating: N/A
49,659.380 F H L M C Multiclass Mtg Partn 49,258.13 50,068.99 0.3 1,753.47
C M O Ser K034 Cl A2 99.1920 100.82 3.56
3137B5JM6
Standard & Poors Rating: N/A
Moodys Rating: N/A
86,771.150 F N M A Partn Cert 85,786.30 86,079.18 0.6 2,595.33
Pool #Al4179 98.8650 99.20 3.02
3138ELUD3
Standard & Poors Rating: N/A
Moodys Rating: N/A
475,000.000 U S Treasury Note 463,329.25 458,504.88 3.0 593.75
0.125 08/15/2023 97.5430 96.53 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
04/25/2023 Var
2.592 04/25/2023
3.300 04/25/2023
912828ZP8
05/25/2023 Var
3.531 07/25/2023
2.809 08/01/2023
91282CAF8
00- -M -PF-PC -032-04 02122304 21223
Page 4 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
145
.010 F H L M C Multiclass Mtg Partn 0.01 0.01 0.0 0.00
C M O Ser K035 Cl A2 99.1340 100.00 .00
3137B5KW2
Standard & Poors Rating: N/A
Moodys Rating: N/A
224,260.470 F H L M C Multiclass Mtg Partn 221,255.38 224,525.66 1.4 5,503.35
C M O Ser K723 Cl A2 98.6600 100.12 2.49
3137BSPW7
Standard & Poors Rating: N/A
Moodys Rating: N/A
1,225,000.000 U S Treasury Note 1,185,812.25 1,176,971.68 7.7 1,531.25
0.125 10/15/2023 96.8010 96.08 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
950,000.000 U S Treasury Note 950,171.00 951,041.91 6.2 3,087.50
10/31/2023 Var 100.0180 100.11 .32
Standard & Poors Rating: N/A
Moodys Rating: Aaa
13,260.700 F N M A Partn Cert 13,246.51 13,283.29 0.1 729.34
Pool #995265 99.8930 100.17 5.51
31416BTW8
Standard & Poors Rating: N/A
Moodys Rating: N/A
48,306.650 F H L M C Multiclass Mtg Partn 47,675.28 48,368.27 0.3 1,425.53
C M O Ser K729 Cl A1 98.6930 100.13 2.99
3137FCM35
Standard & Poors Rating: N/A
Moodys Rating: Aaa
250,000.000 Federal Home Loan Bks 246,755.00 250,000.00 1.6 9,062.50
3.625 02/28/2024 98.7020 100.00 3.67
Standard & Poors Rating: AA+
Moodys Rating: Aaa
83,708.010 F H L M C Multiclass Mtg Partn 83,625.98 84,979.03 0.5 5,022.48
C M O Ser G037 Cl J 99.9020 101.52 6.01
3133T52K8
Standard & Poors Rating: N/A
Moodys Rating: N/A
08/25/2023 Var
2.454 08/25/2023
91282CAP6
91282CDE8
5.500 01/01/2024
2.951 02/25/2024
3130ASXL8
6.000 07/17/2024
00- -M -PF-PC -032-04 02122304 21223
Page 5 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
146
1010101010101010101010110101010001010011101000110100100000001001111100010001011111010000111001011010110001111100011100011001101100010110010010011001110011001011110000000010011100001100101000101111010110000000100100111000101110000100001100111000001100111100000010100111000100011011100011010101101101001000010111010001000110101010000110110010110110010100100111011000101111001010001011111111111111111111
250,000.000 F N M A 246,480.00 249,962.50 1.6 9,687.50
3.875 08/28/2024 98.5920 99.99 3.93
Standard & Poors Rating: AA+
Moodys Rating: Aaa
215,000.000 F H L M C M T N 214,277.60 215,000.00 1.4 10,922.00
5.080 10/25/2024 99.6640 100.00 5.10
Standard & Poors Rating: AA+
Moodys Rating: Aaa
32,076.880 F H L M C Multiclass Mtg Partn 31,569.10 32,386.24 0.2 865.11
C M O Ser K046 Cl A1 98.4170 100.96 2.74
3137BJP56
Standard & Poors Rating: N/A
Moodys Rating: N/A
250,000.000 F H L M C M T N 246,387.50 250,000.00 1.6 10,000.00
4.000 02/28/2025 98.5550 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
.010 F H L M C Multiclass Mtg Partn 0.01 0.01 0.0 0.00
C M O Ser 3806 Cl L 98.0880 100.00 .00
3137A6YW6
Standard & Poors Rating: N/A
Moodys Rating: N/A
58,090.770 F N M A Gtd R E M I C Pass Thru 57,327.46 57,863.86 0.4 1,742.72
C M O Ser 2017 83 Cl Vn 98.6860 99.61 3.04
3136AYEV1
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,530.370 G N M A Gtd R E M I C Pass Thru 34,402.99 35,777.33 0.2 532.96
C M O Ser 2013 47 Cl Ec 96.8270 100.70 1.55
38378JZD7
Standard & Poors Rating: N/A
Moodys Rating: N/A
12,338.350 F N M A Gtd R E M I C Pass Thru 12,215.09 12,214.97 0.1 370.15
C M O Ser 2012 83 Cl Pc 99.0010 99.00 3.03
3136A7D25
Standard & Poors Rating: N/A
Moodys Rating: N/A
3135G06W8
3134GX4M3
2.697 01/25/2025
3134GXS88
3.500 02/15/2026
3.000 10/25/2037
1.500 12/20/2040
3.000 07/25/2041
00- -M -PF-PC -032-04 02122304 21223
Page 6 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
147
250,000.000 Truist Bank 249,105.00 247,470.00 1.6 3,125.00
Medium Term Note 99.6420 98.99 1.25
89788JAB5
Standard & Poors Rating: A
Moodys Rating: A2
300,000.000 Capital One Financial Co 298,224.00 300,016.48 1.9 7,800.00
2.600 05/11/2023 99.4080 100.01 2.61
Standard & Poors Rating: BBB
Moodys Rating: Baa1
285,000.000 American Express Co Sr 276,940.20 284,971.50 1.8 2,137.50
0.750 11/03/2023 97.1720 99.99 .77
Standard & Poors Rating: BBB+
Moodys Rating: A2
120,000.000 Nextera Energy Cap Hldgs Inc 119,832.00 120,000.00 0.8 1,884.18
11/03/2023 Var 99.8600 100.00 1.57
Standard & Poors Rating: BBB+
Moodys Rating: Baa1
16,311.180 Mercedes Benz Auto Lease 16,282.47 16,321.14 0.1 65.24
A B S Ser 2020 B Cl A3 99.8240 100.06 .40
58769EAC2
Standard & Poors Rating: AAA
Moodys Rating: N/A
120,000.000 Simon Ppty Group L P 119,266.80 120,000.00 0.8 5,149.80
01/11/2024 Var 99.3890 100.00 4.32
Standard & Poors Rating: A-
Moodys Rating: A3
300,000.000 Gm Finl Consumer Automobile Re 300,000.00 300,000.00 2.0 14,400.00
A B S Ser 2023 1 Cl A 1 100.0000 100.00 4.80
38013JAA1
Standard & Poors Rating: N/A
Moodys Rating: N/A
1.250 03/09/2023
14040HCD5
025816CK3
65339KBX7
0.400 11/15/2023
828807DR5
4.800 01/16/2024
44.4 $88,650.30 $6,835,904.33 $6,842,364.26
00- -M -PF-PC -032-04 02122304 21223
Page 7 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Total US Government Issues
Corporate Issues
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
148
1010101010101010101010110101010000010011101000110100100000001001111100010000111111010000111001010110110001111000011111011001101100010101100010011001110100111111110000000011000001001100101001011100010110000000100000101000101110001010011000111000001011100010000010100101001001101011100010000000001110001000010011001000101110100111000001101010110001111101110101011000101111001001101011111111111111111111
64,902.650 Bmw Auto Leasing LLC 64,449.63 64,223.20 0.4 188.22
A B S Ser 2021 1 Cl A 3 99.3020 98.95 .29
05591RAC8
Standard & Poors Rating: AAA
Moodys Rating: Aaa
310,000.000 National Rural Util Coop 296,081.00 306,648.90 1.9 1,085.00
Medium Term Note 95.5100 98.92 .37
63743HEU2
Standard & Poors Rating: A-
Moodys Rating: A2
15,053.290 Ford Credit Auto Owner Trust 15,033.12 15,080.72 0.1 281.50
A B S Ser 2019 Cl A3 99.8660 100.18 1.87
34531KAD4
Standard & Poors Rating: AAA
Moodys Rating: Aaa
340,000.000 Jpmorgan Chase Co 340,071.40 340,000.00 2.2 13,259.69
03/16/2024 Var 100.0210 100.00 3.90
Standard & Poors Rating: A-
Moodys Rating: A1
220,000.000 Southern Ca Edison Co 1M Glbl 2021C 219,700.80 220,000.00 1.4 9,848.31
24 99.8640 100.00 4.48
842400HC0
Standard & Poors Rating: A-
Moodys Rating: A3
45,902.230 Honda Auto Receivables 45,528.13 45,715.25 0.3 739.03
A B S Ser 2020 1 Cl A3 99.1850 99.59 1.62
43813RAC1
Standard & Poors Rating: N/A
Moodys Rating: Aaa
430,000.000 Morgan Stanley 428,482.10 434,090.82 2.8 16,069.10
3.737 04/24/2024 99.6470 100.95 3.75
Standard & Poors Rating: A-
Moodys Rating: A1
57,847.500 Honda Auto Receivables Owner 57,134.24 57,269.02 0.4 474.35
A B S Ser 2020 2 Cl A3 98.7670 99.00 .83
43813DAC2
Standard & Poors Rating: AAA
Moodys Rating: Aaa
0.290 01/25/2024
0.350 02/08/2024
1.870 03/15/2024
46647PCA2
04/01/2021 Var
1.610 04/22/2024
61744YAQ1
0.820 07/15/2024
00- -M -PF-PC -032-04 02122304 21223
Page 8 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
149
43,778.620 Nissan Auto Receivables Owner 43,647.28 43,593.93 0.3 844.93
A B S Ser 2019 C Cl A3 99.7000 99.58 1.94
65479JAD5
Standard & Poors Rating: AAA
Moodys Rating: Aaa
260,000.000 Salesforce Com Inc 245,450.40 259,867.40 1.6 1,625.00
0.625 07/15/2024 94.4040 99.95 .66
Standard & Poors Rating: A+
Moodys Rating: A2
46,583.140 Carmax Auto Owner Trust 46,407.52 46,764.20 0.3 1,015.51
A B S Ser 2019 3 Cl A3 99.6230 100.39 2.19
14315PAD7
Standard & Poors Rating: AAA
Moodys Rating: N/A
114,122.020 Toyota Auto Receivables 113,026.45 112,749.00 0.7 1,552.06
A B S Ser 2020 B Cl A3 99.0400 98.80 1.37
89239RAC0
Standard & Poors Rating: AAA
Moodys Rating: Aaa
78,267.570 Carmax Auto Owner Trust 78,025.72 77,561.33 0.5 226.98
A B S Ser 2021 3 Cl A 2A 99.6910 99.10 .29
14317DAB6
Standard & Poors Rating: AAA
Moodys Rating: Aaa
500,000.000 Goldman Sachs Group Inc 483,040.00 500,000.00 3.1 4,625.00
0.925 10/21/2024 96.6080 100.00 .96
Standard & Poors Rating: BBB+
Moodys Rating: A2
76,299.130 Volkswahen Auto Ln Tr 2021 1 75,575.81 75,404.99 0.5 373.87
A B S Ser 2021 1 Cl A2 99.0520 98.83 .49
92868KAB9
Standard & Poors Rating: AAA
Moodys Rating: Aaa
23,067.110 Carmax Auto Owner Trust 22,819.60 23,182.22 0.2 435.97
A B S Ser 2020 1 Cl A3 98.9270 100.50 1.91
14315XAC2
Standard & Poors Rating: AAA
Moodys Rating: N/A
1.930 07/15/2024
79466LAG9
2.180 08/15/2024
1.360 08/15/2024
09/16/2024 Var
38141GYL2
0.490 10/21/2024
1.890 12/16/2024
00- -M -PF-PC -032-04 02122304 21223
Page 9 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
150
1010101010101010101010110101010111010011101000110100100000001001111100010000011111010000111001000010110001110100000001011001101100010110100010011001110111011111110000000010000001001100101000110101010110000000111000111000101110010100001110111000001101011011100010100001110101001011100010100110111001001000000110010001101110110101111001110110110111011100100011011000100110111010001011111111111111111111
128,001.470 Toyota Auto Receivables 125,900.97 127,456.46 0.8 448.01
A B S Ser 2020 D Cl A3 98.3590 99.57 .36
89236XAC0
Standard & Poors Rating: AAA
Moodys Rating: N/A
100,177.680 Carmax Auto Owner Trust 99,242.02 100,170.01 0.6 2,814.99
A B S Ser 2022 2 Cl A 2A 99.0660 99.99 2.84
14317HAB7
Standard & Poors Rating: AAA
Moodys Rating: Aaa
100,000.000 Citibank Credit Card Issuance Trust 99,497.00 101,346.70 0.7 3,290.00
A B S Ser 2018 A3 Cl A3 99.4970 101.35 3.31
17305EGM1
Standard & Poors Rating: AAA
Moodys Rating: Aaa
28,850.660 CNH Equipment Trust 28,477.62 28,941.83 0.2 334.67
A B S Ser 2020 A Cl A3 98.7070 100.32 1.17
12597PAC2
Standard & Poors Rating: AAA
Moodys Rating: Aaa
150,000.000 American Express Credit Account 150,036.00 150,002.64 1.0 7,652.47
A B S Ser 2018 3 Cl A 100.0240 100.00 5.10
02582JHS2
Standard & Poors Rating: N/A
Moodys Rating: Aaa
111,918.650 Carmax Auto Owner Tr 107,992.54 110,204.90 0.7 380.52
A B S Ser 2021 1 Cl A 3 96.4920 98.47 .35
14316NAC3
Standard & Poors Rating: AAA
Moodys Rating: N/A
52,298.250 Santander Drive Auto Tr 2020 3 51,887.71 51,675.16 0.3 585.74
A B S Ser 2020 3 Cl C 99.2150 98.81 1.13
80285WAF4
Standard & Poors Rating: N/A
Moodys Rating: Aaa
72,181.420 Santander Drive Auto 71,116.74 72,228.50 0.5 541.36
A B S Ser 2021 1 Cl C 98.5250 100.07 .76
80286NAF3
Standard & Poors Rating: N/A
Moodys Rating: Aaa
0.350 01/15/2025
2.810 05/15/2025
3.290 05/23/2025
1.160 06/16/2025
10/15/2025 Var
12/15/2025 Var
1.120 12/015/2025
0.750 02/17/2026
00- -M -PF-PC -032-04 02122304 21223
Page 10 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
151
50,000.000 Santander Drv Auto 50,001.50 49,997.97 0.3 3,105.00
A B S Ser 2023 1 Cl A 2 100.0030 100.00 6.21
80287GAB6
Standard & Poors Rating: AAA
Moodys Rating: N/A
100,000.000 CNH Equipment Tr 99,925.00 100,351.43 0.7 3,340.00
A B S Ser 2019 A Cl B 99.9250 100.35 3.34
12596JAE3
Standard & Poors Rating: AAA
Moodys Rating: Aaa
410,000.000 Credit Suisse Ag New York 400,865.20 410,000.00 2.6 12,244.85
02/02/2024 Var 97.7720 100.00 3.05
Standard & Poors Rating: A-
Moodys Rating: A3
135,000.000 San Antonio Tx Taxable Gen Impt Ref 135,000.00 133,903.80 0.9 645.30
Bds 2020 100.0000 99.19 .48
79623PEN1
Standard & Poors Rating: AAA
Moodys Rating: Aaa
95,000.000 Riverside Cnty Calif Pension O Bds 94,917.35 94,724.50 0.6 2,244.85
2020 Ca 99.9130 99.71 2.36
76913CAX7
Standard & Poors Rating: AA
Moodys Rating: Aa2
195,000.000 New York Ny Taxable Go Bds Fiscal 194,473.50 192,365.55 1.3 2,242.50
1.150 03/01/2023 Taxable 99.7300 98.65 1.15
Standard & Poors Rating: AA
Moodys Rating: Aa2
6.210 05/15/2026
3.340 07/15/2026
22550UAB7
0.478 02/01/2023 Taxable
2.363 02/15/2023 Taxable
64966QJD3
31.5 $109,699.00 $4,838,200.77 $4,903,305.70
2.6 $12,244.85 $400,865.20 $410,000.00
00- -M -PF-PC -032-04 02122304 21223
Page 11 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Corporate Issues
Foreign Issues
Total Foreign Issues
Municipal Issues
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
152
1010101010101010101010110101010110010011101000110100100000001001111100010001111111010000111001001110110001110000000010011001101100010101010010011001110000101011110000000011011100001100101001000110010110000000111100101000101110011010011010111000001010000101100010100011111000111011100011110011011010001000000010001000000110111000111110101110110000110101110001011000100110111001101011111111111111111111
150,000.000 Hawaii ST Taxable Go Bds 2022 G 150,148.50 150,119.21 1.0 7,500.00
5.000 04/01/2023 Taxable 100.0990 100.08 4.99
Standard & Poors Rating: AA+
Moodys Rating: Aa2
65,000.000 Oregon ST Taxable Go Bds 2022 B 64,734.15 65,000.00 0.4 1,703.65
2.621 05/01/2023 Taxable 99.5910 100.00 2.63
Standard & Poors Rating: AA+
Moodys Rating: Aa1
175,000.000 Connecticut ST Taxable Go Bds 2022A 174,564.25 176,092.17 1.1 7,437.50
4.250 06/15/2023 Taxable 99.7510 100.62 4.26
Standard & Poors Rating: AA-
Moodys Rating: Aa3
230,000.000 Port Auth N Y N J Taxable 226,513.20 227,936.40 1.5 2,497.80
Consolidated Nts AAA Ny 98.4840 99.10 1.10
73358W4V3
Standard & Poors Rating: AA-
Moodys Rating: Aa3
235,000.000 Port Seattle Wa Rev Taxable Inter 233,766.25 235,000.00 1.5 7,813.75
Lien Ref B 2022C 99.4750 100.00 3.34
735389W46
Standard & Poors Rating: AA-
Moodys Rating: A1
125,000.000 New York ST Thruway Auth Ref Ser M 122,201.25 122,370.00 0.8 2,648.75
2.119 01/01/2024 Taxable 97.7610 97.90 2.17
Standard & Poors Rating: A
Moodys Rating: A1
Principal Cash - 20,143.24 - 20,143.24 - 0.1
Income Cash 20,143.24 20,143.24 0.1
Total Cash
419792L53
68609T7C6
20772KQF9
1.086 07/01/2023 Taxable
3.325 08/01/2023 Taxable
650009R88
9.1 $34,734.10 $1,396,318.45 $1,397,511.63
0.0$0.00 $0.00
00- -M -PF-PC -032-04 02122304 21223
Page 12 of 59
Security Description
Cash
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Total Municipal Issues
ACCOUNT NUMBER: 240907004
ASSET DETAIL AS OF 01/31/23 (continued)
153
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services
believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for
which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values
shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may
be updated less frequently than statement generation.
For further information, please contact your Analyst.
Yield at Market and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for
making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they
provide no guarantee of what your investments may earn in the future.
100.0 $334,021.20 $15,382,494.79 $15,461,134.18
00- -M -PF-PC -032-04 02122304 21223
Page 13 of 59
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
Total Assets
ASSET DETAIL AS OF 01/31/23 (continued)
ASSET DETAIL MESSAGES
154
01/03/23 Interest Earned On 1,117.32
Metropolitan Ca 4.38516% 7/01/46
0.003724 USD/$1 Pv On 300,000 Par Value Due 1/1/23
59266TUV1
01/03/23 Interest Earned On 1,324.38
New York ST Thruway 2.119% 1/01/24
0.010595 USD/$1 Pv On 125,000 Par Value Due 1/1/23
650009R88
01/03/23 Interest Earned On 1,248.90
Port Auth N Y N J Ny 1.086% 7/01/23
0.00543 USD/$1 Pv On 230,000 Par Value Due 1/1/23
73358W4V3
01/03/23 Interest Earned On 2,462.08
Southern Ca Edison 4.4765% 4/01/24
0.011191 USD/$1 Pv On 220,000 Par Value Due 1/1/23
842400HC0
01/03/23 Interest Earned On 1,135.89
Texas ST Taxable 4.45806% 6/01/45
0.003786 USD/$1 Pv On 300,000 Par Value Due 1/1/23
882721BN2
01/03/23 Cash Disbursement - 5,678.77
Transfer To Principal
Income Earnings
01/03/23 Cash Receipt 5,678.77
Transfer From Income
Income Earnings
01/03/23 Purchased 7,288.57 Units Of - 7,288.57 7,288.57
First Am Govt Ob Fd Cl Y
Trade Date 1/3/23
31846V203
01/03/23 Interest Earned On 775.15
First Am Govt Ob Fd Cl Y
Interest From 12/1/22 To 12/31/22
31846V203
01/04/23 Cash Disbursement - 775.15
Transfer To Principal
Income Earnings
01/04/23 Cash Receipt 775.15
Transfer From Income
Income Earnings
01/04/23 Purchased 775.15 Units Of - 775.15 775.15
First Am Govt Ob Fd Cl Y
Trade Date 1/4/23
31846V203
00- -M -PF-PC -032-04 02122304 21223
Page 15 of 59
Beginning Balance 01/01/2023 - $1,609.80 $1,609.80 $23,268,841.43
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL
155
1010101010101010101010110101010100010011101000110100100000001001111100010000011111010000111001000010110001101000001001011001101100010111110010011001110010011001110000000010010110001100101000111100010110000000110101100000101110010000101110111000001111101110000010100011100100011011100011111001110011001001100010000000001110111100100000100100110110000101011011011000101000111010001011111111111111111111
01/06/23 Matured 450,000 Par Value Of 448,776.25 - 448,776.25
Dte Elec Co Disc Coml C P 1/06/23
Trade Date 1/6/23
450,000 Par Value At 100 %
23336KN65
01/06/23 Interest Earned On 1,223.75
Dte Elec Co Disc Coml C P 1/06/23
450,000 Par Value At 100 %
23336KN65
01/06/23 Cash Disbursement - 1,223.75
Transfer To Principal
Income Earnings
01/06/23 Cash Receipt 1,223.75
Transfer From Income
Income Earnings
01/06/23 Purchased 450,000 Units Of - 450,000.00 450,000.00
First Am Govt Ob Fd Cl Y
Trade Date 1/6/23
31846V203
01/10/23 Purchased 350,000 Par Value Of - 349,683.54 349,683.54
Canadian Tire Corp C P 1/17/23
Trade Date 1/9/23
Purchased Through Rcmcus31 United States
Swift External Ref#: 00613000021810A
350,000 Par Value At 99.90958286 %
13668MNH6
01/10/23 Sold 349,683.54 Units Of 349,683.54 - 349,683.54
First Am Govt Ob Fd Cl Y
Trade Date 1/10/23
31846V203
01/11/23 Interest Earned On 1,316.06
Simon Ppty L P 4.2915% 1/11/24
0.010967 USD/$1 Pv On 120,000 Par Value Due 1/11/23
828807DR5
01/11/23 Cash Disbursement - 1,316.06
Transfer To Principal
Income Earnings
01/11/23 Cash Receipt 1,316.06
Transfer From Income
Income Earnings
01/11/23 Purchased 1,316.06 Units Of - 1,316.06 1,316.06
First Am Govt Ob Fd Cl Y
Trade Date 1/11/23
31846V203
01/13/23 Interest Earned On 3,423.00
Intl Bk 0.9049% 1/13/23
0.00978 USD/$1 Pv On 350,000 Par Value Due 1/13/23
459058JQ7
00- -M -PF-PC -032-04 02122304 21223
Page 16 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
156
01/13/23 Amortized Premium On - 9.10
Intl Bk 0.9049% 1/13/23
Fed Basis Decreased By 9.10 USD To 350,000.00 USD
1/13/23
Current Year Amortization
459058JQ7
01/13/23 Sold 120,120.33 Units Of 120,120.33 - 120,120.33
First Am Govt Ob Fd Cl Y
Trade Date 1/13/23
31846V203
01/13/23 Purchased 475,000 Par Value Of - 473,543.33 473,543.33
Dte Elec Co Disc Coml C P 2/06/23
Trade Date 1/13/23
Purchased Through J.P. Morgan Securities LLC
Swift External Ref#: 00613000021840A
475,000 Par Value At 99.69333263 %
23336KP63
01/13/23 Matured 350,000 Par Value Of 350,000.00 - 350,000.00
Intl Bk 0.9049% 1/13/23
Trade Date 1/13/23
350,000 Par Value At 100 %
459058JQ7
01/17/23 Interest Earned On 781.25
John Deere Mtn 0.250% 1/17/23
0.00125 USD/$1 Pv On 625,000 Par Value Due 1/17/23
Interest On 1/17/23 Maturity
24422EVM8
01/17/23 Interest Earned On 472.89
F H L M C Mltcl Mtg 6.000% 7/17/24
$0.00500/Pv On 94,577.34 Pv Due 1/17/23
3133T52K8
01/17/23 Amortized Premium On - 81.19
F H L M C Mltcl Mtg 6.000% 7/17/24
Fed Basis Decreased By 81.19 USD To 96,013.40 USD
1/17/23
Current Year Amortization
3133T52K8
01/17/23 Paid Down 10,869.33 Par Value Of 10,869.33 - 11,034.37
F H L M C Mltcl Mtg 6.000% 7/17/24
Trade Date 1/17/23
3133T52K8
01/17/23 Interest Earned On 368.91
New York ST Hsg 3.84166% 11/15/36
0.003689 USD/$1 Pv On 100,000 Par Value Due 1/15/23
64986MJ63
01/17/23 Paid Down 200,000 Par Value Of 200,000.00 - 199,617.19
Chase Issuance Trust 1.530% 1/15/25
Cmo Final Paydown
161571HP2
00- -M -PF-PC -032-04 02122304 21223
Page 17 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
157
1010101010101010101010110101010011010011101000110100100000001001111100010000011111010000111001001110110001100100001010011001101100010001100010011001110000010001110000000010001010101100101000001010110110000000111101000000101110001011010100111000001100100011110010100100101101100011100010110110000010001000100000100010101110101011010001111000110011010100010111011000101100111010101011111111111111111111
01/17/23 Interest Earned On 637.71
American Express 5.10165% 10/15/25
$0.00425/Pv On 150,000.00 Pv Due 1/15/23
02582JHS2
01/17/23 Amortized Premium On - 0.04
American Express 5.10165% 10/15/25
Fed Basis Decreased By 0.04 USD To 150,002.64 USD
1/15/23
Current Year Amortization
02582JHS2
01/17/23 Interest Earned On 1,744.47
Ford Credit Mstr 5.29965% 9/15/25
$0.00442/Pv On 395,000.00 Pv Due 1/15/23
34528QHL1
01/17/23 Amortized Premium On - 3.52
Ford Credit Mstr 5.29965% 9/15/25
Fed Basis Decreased By 3.52 USD To 395,019.13 USD
1/15/23
Current Year Amortization
34528QHL1
01/17/23 Interest Earned On 74.86
Ford Credit Auto 1.870% 3/15/24
$0.00156/Pv On 48,039.57 Pv Due 1/15/23
34531KAD4
01/17/23 Amortized Premium On - 5.70
Ford Credit Auto 1.870% 3/15/24
Fed Basis Decreased By 5.70 USD To 48,127.12 USD
1/15/23
Current Year Amortization
34531KAD4
01/17/23 Paid Down 32,986.28 Par Value Of 32,986.28 - 33,046.40
Ford Credit Auto 1.870% 3/15/24
Trade Date 1/15/23
34531KAD4
01/17/23 Interest Earned On 59.91
Santander Drive 1.120% 12/15/25
$0.00093/Pv On 64,190.23 Pv Due 1/15/23
80285WAF4
01/17/23 Paid Down 11,891.98 Par Value Of 11,891.98 - 11,750.30
Santander Drive 1.120% 12/15/25
Trade Date 1/15/23
80285WAF4
01/17/23 Amortized Premium On - 1.35
Santander Drive 0.750% 2/17/26
Fed Basis Decreased By 1.35 USD To 82,014.55 USD
1/15/23
Current Year Amortization
80286NAF3
01/17/23 Interest Earned On 51.23
Santander Drive 0.750% 2/17/26
$0.00063/Pv On 81,961.10 Pv Due 1/15/23
80286NAF3
00- -M -PF-PC -032-04 02122304 21223
Page 18 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
158
01/17/23 Paid Down 9,779.68 Par Value Of 9,779.68 - 9,786.05
Santander Drive 0.750% 2/17/26
Trade Date 1/15/23
80286NAF3
01/17/23 Interest Earned On 41.62
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On 142,700.19 Pv Due 1/15/23
89236XAC0
01/17/23 Paid Down 14,698.72 Par Value Of 14,698.72 - 14,636.14
Toyota Auto 0.350% 1/15/25
Trade Date 1/15/23
89236XAC0
01/17/23 Interest Earned On 149.81
Toyota Auto 1.360% 8/15/24
$0.00113/Pv On 132,186.34 Pv Due 1/15/23
89239RAC0
01/17/23 Paid Down 18,064.32 Par Value Of 18,064.32 - 17,846.98
Toyota Auto 1.360% 8/15/24
Trade Date 1/15/23
89239RAC0
01/17/23 Sold 744,735.17 Units Of 744,735.17 - 744,735.17
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/17/23 Interest Earned On 212.46
F H L M C Mltcl Mtg 3.500% 2/15/26
$0.00292/Pv On 72,843.35 Pv Due 1/15/23
3137A6YW6
01/17/23 Amortized Premium On - 12.60
F H L M C Mltcl Mtg 3.500% 2/15/26
Fed Basis Decreased By 12.60 USD To 73,340.12 USD
1/15/23
Current Year Amortization
3137A6YW6
01/17/23 Paid Down 3,013.71 Par Value Of 3,013.71 - 3,034.26
F H L M C Mltcl Mtg 3.500% 2/15/26
Trade Date 1/15/23
3137A6YW6
01/17/23 Interest Earned On 278.33
CNH Equipment Tr 3.340% 7/15/26
$0.00278/Pv On 100,000.00 Pv Due 1/15/23
12596JAE3
01/17/23 Amortized Premium On - 9.59
CNH Equipment Tr 3.340% 7/15/26
Fed Basis Decreased By 9.59 USD To 100,351.43 USD
1/15/23
Current Year Amortization
12596JAE3
00- -M -PF-PC -032-04 02122304 21223
Page 19 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
159
1010101010101010101010110101010010010011101000110100100000001001111100010001111111010000111001000010110001100000001001011001101100010010010010011001110111100101110000000011010111101100101001111001110110000000111001010000101110000101000000111000001011111101110010100110100000010011100011100011100001001000100100111011000110100110010110100000110100111101000101011000101100111001001011111111111111111111
01/17/23 Interest Earned On 179.38
CNH Equip Tr 2.870% 11/16/26
$0.00239/Pv On 75,000.00 Pv Due 1/15/23
12596TAE1
01/17/23 Amortized Premium On - 2.08
CNH Equip Tr 2.870% 11/16/26
Fed Basis Decreased By 2.08 USD To 75,081.72 USD
1/15/23
Current Year Amortization
12596TAE1
01/17/23 Interest Earned On 33.92
CNH Equipment Trust 1.160% 6/16/25
$0.00097/Pv On 35,092.42 Pv Due 1/15/23
12597PAC2
01/17/23 Amortized Premium On - 4.13
CNH Equipment Trust 1.160% 6/16/25
Fed Basis Decreased By 4.13 USD To 35,203.31 USD
1/15/23
Current Year Amortization
12597PAC2
01/17/23 Paid Down 6,241.76 Par Value Of 6,241.76 - 6,261.48
CNH Equipment Trust 1.160% 6/16/25
Trade Date 1/15/23
12597PAC2
01/17/23 Interest Earned On 109.00
Carmax Auto Owner 1.090% 3/16/26
$0.00091/Pv On 120,000.00 Pv Due 1/15/23
14315FAF4
01/17/23 Amortized Premium On - 1.91
Carmax Auto Owner 1.090% 3/16/26
Fed Basis Decreased By 1.91 USD To 120,078.54 USD
1/15/23
Current Year Amortization
14315FAF4
01/17/23 Amortized Premium On - 11.04
Carmax Auto Owner 2.180% 8/15/24
Fed Basis Decreased By 11.04 USD To 59,245.39 USD
1/15/23
Current Year Amortization
14315PAD7
01/17/23 Interest Earned On 107.21
Carmax Auto Owner 2.180% 8/15/24
$0.00182/Pv On 59,016.01 Pv Due 1/15/23
14315PAD7
01/17/23 Paid Down 12,432.87 Par Value Of 12,432.87 - 12,481.19
Carmax Auto Owner 2.180% 8/15/24
Trade Date 1/15/23
14315PAD7
01/17/23 Interest Earned On 41.11
Carmax Auto Owner 1.890% 12/16/24
$0.00158/Pv On 26,100.45 Pv Due 1/15/23
14315XAC2
00- -M -PF-PC -032-04 02122304 21223
Page 20 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
160
01/17/23 Amortized Premium On - 5.20
Carmax Auto Owner 1.890% 12/16/24
Fed Basis Decreased By 5.20 USD To 26,230.70 USD
1/15/23
Current Year Amortization
14315XAC2
01/17/23 Paid Down 3,033.34 Par Value Of 3,033.34 - 3,048.48
Carmax Auto Owner 1.890% 12/16/24
Trade Date 1/15/23
14315XAC2
01/17/23 Interest Earned On 33.64
Carmax Auto Owner 0.340% 12/15/25
$0.00028/Pv On 118,730.53 Pv Due 1/15/23
14316NAC3
01/17/23 Paid Down 6,811.88 Par Value Of 6,811.88 - 6,707.57
Carmax Auto Owner 0.340% 12/15/25
Trade Date 1/15/23
14316NAC3
01/17/23 Interest Earned On 30.68
Carmax Auto Owner 0.290% 9/16/24
$0.00024/Pv On 126,967.40 Pv Due 1/16/23
14317DAB6
01/17/23 Paid Down 48,699.83 Par Value Of 48,699.83 - 48,260.39
Carmax Auto Owner 0.290% 9/16/24
Trade Date 1/16/23
14317DAB6
01/17/23 Interest Earned On 260.17
Carmax Auto Owner 2.810% 5/15/25
$0.00234/Pv On 111,103.57 Pv Due 1/15/23
14317HAB7
01/17/23 Paid Down 10,925.89 Par Value Of 10,925.89 - 10,925.05
Carmax Auto Owner 2.810% 5/15/25
Trade Date 1/15/23
14317HAB7
01/17/23 Interest Earned On 255.00
Chase Issuance Trust 1.530% 1/15/25
$0.00128/Pv On 200,000.00 Pv Due 1/15/23
161571HP2
01/17/23 Interest Earned On 510.00
Gm Fin Cons Atmb 2.040% 2/18/25
$0.00170/Pv On 300,000.00 Pv Due 1/16/23
36258MAF1
01/17/23 Amortized Premium On - 103.24
Gm Fin Cons Atmb 2.040% 2/18/25
Fed Basis Decreased By 103.24 USD To 302,622.18 USD
1/16/23
Current Year Amortization
36258MAF1
00- -M -PF-PC -032-04 02122304 21223
Page 21 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
161
1010101010101010101010110101010001010011101000110100100000001001111100010000111111010000101001000010110001111100011001011001101100010000000010011001110010000001110000000011011101101100101000011101110110000000110110001000101110000111010000111000001010100100010010100001001000111111100010101111100010001000100100100001111110101000111011101000110000000101001111011000100100111010101011111111111111111111
01/17/23 Interest Earned On 45.17
Honda Auto 0.820% 7/15/24
$0.00068/Pv On 66,096.64 Pv Due 1/15/23
43813DAC2
01/17/23 Paid Down 8,249.14 Par Value Of 8,249.14 - 8,166.65
Honda Auto 0.820% 7/15/24
Trade Date 1/15/23
43813DAC2
01/17/23 Amortized Premium On - 1.71
Mercedes Benz Auto 0.400% 11/15/23
Fed Basis Decreased By 1.71 USD To 61,017.38 USD
1/15/23
Current Year Amortization
58769EAC2
01/17/23 Interest Earned On 20.33
Mercedes Benz Auto 0.400% 11/15/23
$0.00033/Pv On 60,980.15 Pv Due 1/15/23
58769EAC2
01/17/23 Paid Down 44,668.97 Par Value Of 44,668.97 - 44,696.24
Mercedes Benz Auto 0.400% 11/15/23
Trade Date 1/15/23
58769EAC2
01/17/23 Interest Earned On 96.34
Nissan Auto 1.930% 7/15/24
$0.00161/Pv On 59,901.19 Pv Due 1/15/23
65479JAD5
01/17/23 Paid Down 16,122.57 Par Value Of 16,122.57 - 16,054.55
Nissan Auto 1.930% 7/15/24
Trade Date 1/15/23
65479JAD5
01/17/23 Interest Earned On 167.25
Santander Drive 0.900% 6/15/26
$0.00075/Pv On 223,000.00 Pv Due 1/15/23
80286XAE4
01/17/23 Matured 625,000 Par Value Of 625,000.00 - 624,781.25
John Deere Mtn 0.250% 1/17/23
Trade Date 1/17/23
625,000 Par Value At 100 %
24422EVM8
01/17/23 Matured 450,000 Par Value Of 448,278.13 - 448,278.13
Washington Gas Lt Co C P 1/17/23
Trade Date 1/17/23
450,000 Par Value At 100 %
93884FNH1
01/17/23 Interest Earned On 1,721.87
Washington Gas Lt Co C P 1/17/23
450,000 Par Value At 100 %
93884FNH1
00- -M -PF-PC -032-04 02122304 21223
Page 22 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
162
01/17/23 Matured 350,000 Par Value Of 349,683.54 - 349,683.54
Canadian Tire Corp C P 1/17/23
Trade Date 1/17/23
350,000 Par Value At 100 %
13668MNH6
01/17/23 Interest Earned On 316.46
Canadian Tire Corp C P 1/17/23
350,000 Par Value At 100 %
13668MNH6
01/17/23 Partial Call 100,000.00 - 100,000.00
100,000 $1 Pv
New York ST Hsg 3.84166% 11/15/36
On 01/15/23 At 1.00 USD
Federal Tax Cost 100,000.00 USD
Corporate Action Id: 177817
64986MJ63
01/17/23 Interest Earned On 812.50
Salesforce Com Inc 0.625% 7/15/24
0.003125 USD/$1 Pv On 260,000 Par Value Due 1/15/23
79466LAG9
01/17/23 Cash Disbursement - 8,653.82
Transfer To Principal
Income Earnings
01/17/23 Cash Receipt 8,653.82
Transfer From Income
Income Earnings
01/17/23 Purchased 1,688,392.45 Units Of - 1,688,392.45 1,688,392.45
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/17/23 Purchased 500,000 Par Value Of - 498,977.78 498,977.78
American Crystal Sugar C P 2/02/23
Trade Date 1/17/23
Purchased Through Wells Fargo Securities, LLC
Swift External Ref#: 00613000021900A
500,000 Par Value At 99.795556 %
02530KP20
01/17/23 Purchased 550,000 Par Value Of - 548,430.36 548,430.36
Dominion Energy South C P 2/08/23
Trade Date 1/17/23
Purchased Through BofA Securities, Inc./Fxd Inc
Swift External Ref#: 00613000021890C
550,000 Par Value At 99.71461091 %
25731EP89
01/18/23 Purchased 300,000 Par Value Of - 300,000.00 300,000.00
Gm Finl Consumer 4.800% 1/16/24
Trade Date 1/9/23
Purchased Through Prshus33 Pershing Jersey City
Swift External Ref#: 00613000021820B
300,000 Par Value At 100 %
38013JAA1
00- -M -PF-PC -032-04 02122304 21223
Page 23 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
163
1010101010101010101010110101010000010011101000110100100000001001111100010001011111010000101001001110110001111000011010011001101100010011110010011001110101110101110000000010000000101100101001101110110110000000110010011000101110001001000100111000001101111010010010100011000101001111100011111010000001001000100000111000010110100101111100110000110111101100011101011000100100111001001011111111111111111111
01/18/23 Matured 550,000 Par Value Of 545,959.33 - 545,959.33
American Honda Fin Corp C P 1/18/23
Trade Date 1/18/23
550,000 Par Value At 100 %
02665KNJ2
01/18/23 Interest Earned On 4,040.67
American Honda Fin Corp C P 1/18/23
550,000 Par Value At 100 %
02665KNJ2
01/18/23 Cash Disbursement - 8,423.33
Transfer To Principal
Income Earnings
01/18/23 Cash Receipt 8,423.33
Transfer From Income
Income Earnings
01/18/23 Purchased 250,000 Units Of - 250,000.00 250,000.00
First Am Govt Ob Fd Cl Y
Trade Date 1/18/23
31846V203
01/19/23 Sold 499,677.08 Units Of 499,677.08 - 499,677.08
First Am Govt Ob Fd Cl Y
Trade Date 1/19/23
31846V203
01/19/23 Purchased 500,000 Par Value Of - 499,677.08 499,677.08
Canadian Tire Corp Ltd C P 1/24/23
Trade Date 1/19/23
Purchased Through Rbc Capital Markets, LLC
Swift External Ref#: 00613000022000A
500,000 Par Value At 99.935417 %
13668MNQ6
01/20/23 Interest Earned On 46.41
G N M A Gtd Remic 1.500% 12/20/40
$0.00125/Pv On 37,125.96 Pv Due 1/20/23
38378JZD7
01/20/23 Amortized Premium On - 2.46
G N M A Gtd Remic 1.500% 12/20/40
Fed Basis Decreased By 2.46 USD To 37,384.01 USD
1/20/23
Current Year Amortization
38378JZD7
01/20/23 Paid Down 1,595.59 Par Value Of 1,595.59 - 1,606.68
G N M A Gtd Remic 1.500% 12/20/40
Trade Date 1/20/23
38378JZD7
01/20/23 Interest Earned On 37.43
Volkswahen Auto Ln 0.490% 10/21/24
$0.00041/Pv On 91,669.59 Pv Due 1/20/23
92868KAB9
00- -M -PF-PC -032-04 02122304 21223
Page 24 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
164
01/20/23 Paid Down 15,370.46 Par Value Of 15,370.46 - 15,190.34
Volkswahen Auto Ln 0.490% 10/21/24
Trade Date 1/20/23
92868KAB9
01/20/23 Cash Disbursement - 83.84
Transfer To Principal
Income Earnings
01/20/23 Cash Receipt 83.84
Transfer From Income
Income Earnings
01/20/23 Purchased 17,049.89 Units Of - 17,049.89 17,049.89
First Am Govt Ob Fd Cl Y
Trade Date 1/20/23
31846V203
01/23/23 Interest Earned On 74.33
Honda Auto 1.610% 4/22/24
$0.00134/Pv On 55,398.79 Pv Due 1/21/23
43813RAC1
01/23/23 Paid Down 9,496.56 Par Value Of 9,496.56 - 9,457.88
Honda Auto 1.610% 4/22/24
Trade Date 1/21/23
43813RAC1
01/23/23 Purchased 9,570.89 Units Of - 9,570.89 9,570.89
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/23/23 Amortized Premium On - 805.21
Wells Fargo Mtn 3.750% 1/24/24
Fed Basis Decreased By 805.21 USD To 462,196.83 USD
1/23/23
Current Year Amortization
95000U2C6
01/23/23 Sold 450,000 Par Value Of 445,297.50 - 462,196.83
Wells Fargo Mtn 3.750% 1/24/24
Trade Date 1/19/23
Sold Through Prshus33 Pershing Jersey City
Swift External Ref#: 00613000022080A
450,000 Par Value At 98.955 %
95000U2C6
01/23/23 Received Accrued Interest On Sale Of 8,390.63
Wells Fargo Mtn 3.750% 1/24/24
Income Credit 8,390.63 USD
95000U2C6
01/23/23 Amortized Premium On - 169.80
Caterpillar M T N 3.450% 5/15/23
Fed Basis Decreased By 169.80 USD To 300,842.86 USD
1/23/23
Current Year Amortization
14913Q2L2
00- -M -PF-PC -032-04 02122304 21223
Page 25 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
165
1010101010101010101010110101010111010011101000110100100000001001111100010000011111010000101001011010110001110100011111011001101100010001110010011001110011010001110000000011000110001100101001111000010110000000110110100000101110000010110010111000001011101011000010100000001110111011100011010001001011001001111011110111001110101001101100110000110111101100011011011000101000101011001011111111111111111111
01/23/23 Sold 300,000 Par Value Of 298,683.00 - 300,842.86
Caterpillar M T N 3.450% 5/15/23
Trade Date 1/19/23
Sold Through Prshus33 Pershing Jersey City
Swift External Ref#: 00613000022060A
300,000 Par Value At 99.561 %
14913Q2L2
01/23/23 Received Accrued Interest On Sale Of 1,955.00
Caterpillar M T N 3.450% 5/15/23
Income Credit 1,955.00 USD
14913Q2L2
01/23/23 Amortized Premium On - 1,006.57
Bank Of America Mtn 4.125% 1/22/24
Fed Basis Decreased By 1,006.57 USD To 516,526.68 USD
1/23/23
Current Year Amortization
06051GFB0
01/23/23 Sold 500,000 Par Value Of 496,725.00 - 516,526.68
Bank Of America Mtn 4.125% 1/22/24
Trade Date 1/19/23
Sold Through Toronto Dominion Securities (U
Swift External Ref#: 00613000022100A
500,000 Par Value At 99.345 %
06051GFB0
01/23/23 Received Accrued Interest On Sale Of 57.29
Bank Of America Mtn 4.125% 1/22/24
Income Credit 57.29 USD
06051GFB0
01/23/23 Sold 485,000 Par Value Of 482,895.10 - 484,529.55
Centerpoint Energy 0.700% 3/02/23
Trade Date 1/19/23
Sold Through Msnyus33 Morgan Stanley Ny
Swift External Ref#: 00613000022090A
485,000 Par Value At 99.566 %
15189WAM2
01/23/23 Received Accrued Interest On Sale Of 1,329.71
Centerpoint Energy 0.700% 3/02/23
Income Credit 1,329.71 USD
15189WAM2
01/23/23 Amortized Premium On - 44.06
Berkshire Hathaway 2.750% 3/15/23
Fed Basis Decreased By 44.06 USD To 305,098.52 USD
1/23/23
Current Year Amortization
084670BR8
01/23/23 Sold 305,000 Par Value Of 304,271.05 - 305,098.52
Berkshire Hathaway 2.750% 3/15/23
Trade Date 1/19/23
Sold Through Jsesus31 Jane Street Execution
Swift External Ref#: 00613000022070A
305,000 Par Value At 99.761 %
084670BR8
00- -M -PF-PC -032-04 02122304 21223
Page 26 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
166
01/23/23 Received Accrued Interest On Sale Of 2,982.22
Berkshire Hathaway 2.750% 3/15/23
Income Credit 2,982.22 USD
084670BR8
01/23/23 Cash Disbursement - 15,235.10
Transfer To Principal
Income Earnings
01/23/23 Cash Receipt 15,235.10
Transfer From Income
Income Earnings
01/23/23 Purchased 2,287,111.78 Units Of - 2,287,111.78 2,287,111.78
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/24/23 Interest Earned On 10,312.50
Bank Of America Mtn 4.125% 1/22/24
0.020625 USD/$1 Pv On 500,000 Par Value Due 1/22/23
06051GFB0
01/24/23 Purchased 10,312.5 Units Of - 10,312.50 10,312.50
First Am Govt Ob Fd Cl Y
Trade Date 1/24/23
31846V203
01/24/23 Amortized Premium On - 1.23
Carmax Auto Owner 1.090% 3/16/26
Fed Basis Decreased By 1.23 USD To 120,077.31 USD
1/24/23
Current Year Amortization
14315FAF4
01/24/23 Sold 120,000 Par Value Of 112,950.00 - 120,077.31
Carmax Auto Owner 1.090% 3/16/26
Trade Date 1/20/23
Sold Through Jpmsus3X Jp Morgan Sec Ny
Swift External Ref#: 00613000022140A
120,000 Par Value At 94.125 %
14315FAF4
01/24/23 Received Accrued Interest On Sale Of 32.70
Carmax Auto Owner 1.090% 3/16/26
Income Credit 32.70 USD
14315FAF4
01/24/23 Amortized Premium On - 2.13
Ford Credit Mstr 5.29965% 9/15/25
Fed Basis Decreased By 2.13 USD To 395,017.00 USD
1/24/23
Current Year Amortization
34528QHL1
01/24/23 Sold 395,000 Par Value Of 394,614.26 - 395,017.00
Ford Credit Mstr 5.29965% 9/15/25
Trade Date 1/20/23
Sold Through Amherst Pierpont Securities
Swift External Ref#: 00613000022150A
395,000 Par Value At 99.9023443 %
34528QHL1
00- -M -PF-PC -032-04 02122304 21223
Page 27 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
167
1010101010101010101010110101010110010011101000110100100000001001111100010001111111010000101001010110110001110000011100011001101100010010000010011001110100100101110000000010011011001100101000001011010110000000110010110000101110001100100110111000001100110101000010100010000011001011100010000100101000001001111111101110100110100100101011101000110000000101001001011000101000101000101011111111111111111111
01/24/23 Received Accrued Interest On Sale Of 380.53
Ford Credit Mstr 5.29965% 9/15/25
Income Credit 380.53 USD
34528QHL1
01/24/23 Amortized Premium On - 1.34
CNH Equip Tr 2.870% 11/16/26
Fed Basis Decreased By 1.34 USD To 75,080.38 USD
1/24/23
Current Year Amortization
12596TAE1
01/24/23 Sold 75,000 Par Value Of 74,727.54 - 75,080.38
CNH Equip Tr 2.870% 11/16/26
Trade Date 1/20/23
Sold Through Muscus33 Mitsubishi Ufj Sec.
Swift External Ref#: 00613000022180A
75,000 Par Value At 99.63672 %
12596TAE1
01/24/23 Received Accrued Interest On Sale Of 53.81
CNH Equip Tr 2.870% 11/16/26
Income Credit 53.81 USD
12596TAE1
01/24/23 Sold 223,000 Par Value Of 217,529.53 - 216,205.47
Santander Drive 0.900% 6/15/26
Trade Date 1/20/23
Sold Through Deutsche Bank Securities, Inc.
Swift External Ref#: 00613000022170A
223,000 Par Value At 97.54687444 %
80286XAE4
01/24/23 Received Accrued Interest On Sale Of 50.18
Santander Drive 0.900% 6/15/26
Income Credit 50.18 USD
80286XAE4
01/24/23 Amortized Premium On - 161.82
U S Treasury Nt 0.325% 10/31/23
Fed Basis Decreased By 161.82 USD To 1,951,968.32 USD
1/24/23
Current Year Amortization
91282CDE8
01/24/23 Sold 1,000,000 Par Value Of 1,000,484.72 - 1,000,899.83
U S Treasury Nt 0.325% 10/31/23
Trade Date 1/23/23
Sold Through Sogeus33 Societe Genl Sec Ny
Swift External Ref#: 00613000022190A
1,000,000 Par Value At 100.048472 %
91282CDE8
01/24/23 Received Accrued Interest On Sale Of 10,327.15
U S Treasury Nt 0.325% 10/31/23
Income Credit 10,327.15 USD
91282CDE8
00- -M -PF-PC -032-04 02122304 21223
Page 28 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
168
01/24/23 Matured 500,000 Par Value Of 499,677.08 - 499,677.08
Canadian Tire Corp Ltd C P 1/24/23
Trade Date 1/24/23
500,000 Par Value At 100 %
13668MNQ6
01/24/23 Interest Earned On 322.92
Canadian Tire Corp Ltd C P 1/24/23
500,000 Par Value At 100 %
13668MNQ6
01/24/23 Cash Disbursement - 11,377.62
Transfer To Principal
Income Earnings
01/24/23 Cash Receipt 11,377.62
Transfer From Income
Income Earnings
01/24/23 Purchased 2,606,411.42 Units Of - 2,606,411.42 2,606,411.42
First Am Govt Ob Fd Cl Y
Trade Date 1/24/23
31846V203
01/24/23 Amortized Premium On - 55.06
Gm Fin Cons Atmb 2.040% 2/18/25
Fed Basis Decreased By 55.06 USD To 302,567.12 USD
1/24/23
Current Year Amortization
36258MAF1
01/24/23 Sold 300,000 Par Value Of 295,125.00 - 302,567.12
Gm Fin Cons Atmb 2.040% 2/18/25
Trade Date 1/20/23
Sold Through Jpmsus3X Jp Morgan Sec Ny
Swift External Ref#: 00613000022160B
300,000 Par Value At 98.375 %
36258MAF1
01/24/23 Received Accrued Interest On Sale Of 136.00
Gm Fin Cons Atmb 2.040% 2/18/25
Income Credit 136.00 USD
36258MAF1
01/25/23 Interest Earned On 254.99
F H L M C Mltcl Mtg 3.300% 4/25/23
$0.00275/Pv On 92,723.95 Pv Due 1/25/23
3137B3NX2
01/25/23 Paid Down 4,012.34 Par Value Of 4,012.34 - 4,017.82
F H L M C Mltcl Mtg 3.300% 4/25/23
Trade Date 1/25/23
3137B3NX2
01/25/23 Interest Earned On 276.36
F H L M C Mltcl Mt 3.30433% 2/25/23
$0.00275/Pv On 100,363.50 Pv Due 1/25/23
3137B36J2
00- -M -PF-PC -032-04 02122304 21223
Page 29 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
169
1010101010101010101010110101010101010011101000110100100000001001111100010001111111010000101001010110110001101100010100011001101100010011010010011001110001100011110000000010001100001100101000000010010110000000111111101000101110001000000110111000001110000000100010100000010010011011100011011011100010001000011011111111000110101101110010111010110001011100110001011000100110101000101011111111111111111111
01/25/23 Amortized Premium On - 62.06
F H L M C Mltcl Mt 3.30433% 2/25/23
Fed Basis Decreased By 62.06 USD To 100,443.66 USD
1/25/23
Current Year Amortization
3137B36J2
01/25/23 Paid Down 88,549.35 Par Value Of 88,549.35 - 88,620.07
F H L M C Mltcl Mt 3.30433% 2/25/23
Trade Date 1/25/23
3137B36J2
01/25/23 Interest Earned On 709.43
F H L M C Mltcl Mt 3.458% 8/25/23
$0.00288/Pv On 246,188.03 Pv Due 1/25/23
3137B5KW2
01/25/23 Paid Down 564.72 Par Value Of 564.72 - 562.27
F H L M C Mltcl Mt 3.458% 8/25/23
Trade Date 1/25/23
3137B5KW2
01/25/23 Amortized Premium On - 15.87
F H L M C Mltcl Mtg 2.592% 4/25/23
Fed Basis Decreased By 15.87 USD To 52,767.59 USD
1/25/23
Current Year Amortization
3137B7YX1
01/25/23 Interest Earned On 113.85
F H L M C Mltcl Mtg 2.592% 4/25/23
$0.00216/Pv On 52,708.08 Pv Due 1/25/23
3137B7YX1
01/25/23 Paid Down 16,046.88 Par Value Of 16,046.88 - 16,064.99
F H L M C Mltcl Mtg 2.592% 4/25/23
Trade Date 1/25/23
3137B7YX1
01/25/23 Interest Earned On 790.63
F H L M C Mltcl Mt 3.310% 5/25/23
$0.00276/Pv On 286,634.34 Pv Due 1/25/23
3137B4GY6
01/25/23 Paid Down 815.16 Par Value Of 815.16 - 806.63
F H L M C Mltcl Mt 3.310% 5/25/23
Trade Date 1/25/23
3137B4GY6
01/25/23 Interest Earned On 87.68
F H L M C Mltcl Mtg 3.111% 2/25/23
$0.00259/Pv On 33,819.91 Pv Due 1/25/23
3137B2HN3
01/25/23 Amortized Premium On - 10.80
F H L M C Mltcl Mtg 3.111% 2/25/23
Fed Basis Decreased By 10.80 USD To 33,833.87 USD
1/25/23
Current Year Amortization
3137B2HN3
00- -M -PF-PC -032-04 02122304 21223
Page 30 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
170
01/25/23 Interest Earned On 368.63
F H L M C Mltcl Mt 3.250% 4/25/23
$0.00271/Pv On 136,109.72 Pv Due 1/25/23
3137B3NA2
01/25/23 Amortized Premium On - 51.79
F H L M C Mltcl Mt 3.250% 4/25/23
Fed Basis Decreased By 51.79 USD To 136,303.93 USD
1/25/23
Current Year Amortization
3137B3NA2
01/25/23 Paid Down 41,437.33 Par Value Of 41,437.33 - 41,496.46
F H L M C Mltcl Mt 3.250% 4/25/23
Trade Date 1/25/23
3137B3NA2
01/25/23 Interest Earned On 146.43
F H L M C Mltcl Mtg 3.531% 7/25/23
$0.00294/Pv On 49,765.00 Pv Due 1/25/23
3137B5JM6
01/25/23 Amortized Premium On - 54.43
F H L M C Mltcl Mtg 3.531% 7/25/23
Fed Basis Decreased By 54.43 USD To 50,175.48 USD
1/25/23
Current Year Amortization
3137B5JM6
01/25/23 Paid Down 105.62 Par Value Of 105.62 - 106.49
F H L M C Mltcl Mtg 3.531% 7/25/23
Trade Date 1/25/23
3137B5JM6
01/25/23 Interest Earned On 76.86
F H L M C Mltcl Mtg 2.697% 1/25/25
$0.00225/Pv On 34,195.78 Pv Due 1/25/23
3137BJP56
01/25/23 Amortized Premium On - 10.83
F H L M C Mltcl Mtg 2.697% 1/25/25
Fed Basis Decreased By 10.83 USD To 34,525.58 USD
1/25/23
Current Year Amortization
3137BJP56
01/25/23 Paid Down 2,118.9 Par Value Of 2,118.90 - 2,139.34
F H L M C Mltcl Mtg 2.697% 1/25/25
Trade Date 1/25/23
3137BJP56
01/25/23 Interest Earned On 692.50
F H L M C Mltcl Mt 2.76996% 5/25/25
$0.00231/Pv On 0.00 Pv Due 1/25/23
3137BJQ71
01/25/23 Amortized Premium On - 40.55
F H L M C Mltcl Mtg 2.454% 8/25/23
Fed Basis Decreased By 40.55 USD To 225,342.74 USD
1/25/23
Current Year Amortization
3137BSPW7
00- -M -PF-PC -032-04 02122304 21223
Page 31 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
171
1010101010101010101010110101010100010011101000110100100000001001111100010000011111010000101001011010110001101000010111011001101100010000100010011001110110010111110000000011010001001100101001110001010110000000111011111000101110000110010010111000001001011110100010100010011111101011100010001110000001001000011111100110101110100000110101100010110110110101100011011000100110101011001011111111111111111111
01/25/23 Interest Earned On 460.28
F H L M C Mltcl Mtg 2.454% 8/25/23
$0.00205/Pv On 225,076.58 Pv Due 1/25/23
3137BSPW7
01/25/23 Paid Down 816.11 Par Value Of 816.11 - 817.08
F H L M C Mltcl Mtg 2.454% 8/25/23
Trade Date 1/25/23
3137BSPW7
01/25/23 Interest Earned On 128.11
F H L M C Mltcl Mtg 2.951% 2/25/24
$0.00246/Pv On 52,096.91 Pv Due 1/25/23
3137FCM35
01/25/23 Amortized Premium On - 4.03
F H L M C Mltcl Mtg 2.951% 2/25/24
Fed Basis Decreased By 4.03 USD To 52,163.37 USD
1/25/23
Current Year Amortization
3137FCM35
01/25/23 Paid Down 3,790.26 Par Value Of 3,790.26 - 3,795.10
F H L M C Mltcl Mtg 2.951% 2/25/24
Trade Date 1/25/23
3137FCM35
01/25/23 Paid Down 33,819.91 Par Value Of 33,819.91 - 33,833.87
F H L M C Mltcl Mtg 3.111% 2/25/23
Cmo Final Paydown
3137B2HN3
01/25/23 Purchased 311,976.5 Units Of - 311,976.50 311,976.50
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Interest Earned On 32.35
F N M A Gtd Remic 3.000% 7/25/41
$0.00250/Pv On 12,939.33 Pv Due 1/25/23
3136A7D25
01/25/23 Paid Down 600.98 Par Value Of 600.98 - 594.97
F N M A Gtd Remic 3.000% 7/25/41
Trade Date 1/25/23
3136A7D25
01/25/23 Amortized Premium On - 5.79
F N M A Gtd Remic 3.000% 3/25/40
Fed Basis Decreased By 5.79 USD To 122,775.04 USD
1/25/23
Current Year Amortization
3136AGP89
01/25/23 Paid Down 4,070.97 Par Value Of 4,070.97 - 4,090.73
F N M A Gtd Remic 3.000% 3/25/40
Trade Date 1/25/23
3136AGP89
00- -M -PF-PC -032-04 02122304 21223
Page 32 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
172
01/25/23 Interest Earned On 154.75
F N M A Gtd Remic 3.000% 10/25/37
$0.00250/Pv On 61,900.78 Pv Due 1/25/23
3136AYEV1
01/25/23 Paid Down 3,810.01 Par Value Of 3,810.01 - 3,795.13
F N M A Gtd Remic 3.000% 10/25/37
Trade Date 1/25/23
3136AYEV1
01/25/23 Interest Earned On 20.42
Bmw Auto Leasing LLC 0.290% 1/25/24
$0.00024/Pv On 84,478.57 Pv Due 1/25/23
05591RAC8
01/25/23 Paid Down 19,575.92 Par Value Of 19,575.92 - 19,370.98
Bmw Auto Leasing LLC 0.290% 1/25/24
Trade Date 1/25/23
05591RAC8
01/25/23 Paid Down 52.49 Par Value Of 52.49 - 52.49
F N M A #Bm1757 2.536% 4/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Interest Earned On 49.18
F N M A #Bm1757 2.536% 4/01/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Accreted Discount On 114.36
F N M A #Al4179 2.991% 8/01/23
Fed Basis Increased By 114.36 USD To 86,275.07 USD
1/25/23
Market Discount
3138ELUD3
01/25/23 Paid Down 197.46 Par Value Of 197.46 - 195.89
F N M A #Al4179 2.991% 8/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138ELUD3
01/25/23 Interest Earned On 223.99
F N M A #Al4179 2.991% 8/01/23
December FNMA Due 1/25/23
3138ELUD3
01/25/23 Amortized Premium On - 3.69
F N M A #995265 5.500% 1/01/24
Fed Basis Decreased By 3.69 USD To 16,250.40 USD
1/25/23
Current Year Amortization
31416BTW8
01/25/23 Paid Down 2,962.07 Par Value Of 2,962.07 - 2,967.11
F N M A #995265 5.500% 1/01/24
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31416BTW8
00- -M -PF-PC -032-04 02122304 21223
Page 33 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
173
1010101010101010101010110101010011010011101000110100100000001001111100010000011111010000101001010110110001100100010100011001101100010110110010011001110100011111110000000011001101101100101001000111110110000000110011011000101110011101101000111000001010010011010010100101010110010011100011000001110000001001011101000100001110110111000100111110110011100100101111011000100010101011101011111111111111111111
01/25/23 Interest Earned On 74.35
F N M A #995265 5.500% 1/01/24
December FNMA Due 1/25/23
31416BTW8
01/25/23 Purchased 50,000 Par Value Of - 49,997.97 49,997.97
Santander Drv Auto 6.210% 5/15/26
Trade Date 1/18/23
Purchased Through Prshus33 Pershing Jersey City
Swift External Ref#: 00613000021940A
50,000 Par Value At 99.99594 %
80287GAB6
01/25/23 Amortized Premium On - 8.63
F H L M C Mltcl Mtg 3.500% 2/15/26
Fed Basis Decreased By 8.63 USD To 70,297.23 USD
1/25/23
Current Year Amortization
3137A6YW6
01/25/23 Sold 69,829.63 Par Value Of 68,501.23 - 70,297.22
F H L M C Mltcl Mtg 3.500% 2/15/26
Trade Date 1/20/23
Sold Through Stonex Financial Inc./Bd Rates
Swift External Ref#: 00613000022110A
69,829.63 Par Value At 98.09766046 %
3137A6YW6
01/25/23 Received Accrued Interest On Sale Of 162.94
F H L M C Mltcl Mtg 3.500% 2/15/26
Income Credit 162.94 USD
3137A6YW6
01/25/23 Amortized Premium On - 309.05
F H L M C Mltcl Mt 2.76996% 5/25/25
Fed Basis Decreased By 309.05 USD To 310,958.47 USD
1/25/23
Current Year Amortization
3137BJQ71
01/25/23 Sold 300,000 Par Value Of 288,515.63 - 310,958.47
F H L M C Mltcl Mt 2.76996% 5/25/25
Trade Date 1/20/23
Sold Through Hilltop Securities Inc.
Swift External Ref#: 00613000022130A
300,000 Par Value At 96.17187667 %
3137BJQ71
01/25/23 Received Accrued Interest On Sale Of 554.00
F H L M C Mltcl Mt 2.76996% 5/25/25
Income Credit 554.00 USD
3137BJQ71
01/25/23 Cash Disbursement - 11,584.48
Transfer To Principal
Income Earnings
01/25/23 Cash Receipt 11,584.48
Transfer From Income
Income Earnings
00- -M -PF-PC -032-04 02122304 21223
Page 34 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
174
01/25/23 Purchased 339,560.77 Units Of - 339,560.77 339,560.77
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Sold 245,623.3 Par Value Of 243,445.31 - 244,558.29
F H L M C Mltcl Mt 3.458% 8/25/23
Trade Date 1/18/23
Sold Through Toronto Dominion Securities (U
245,623.3 Par Value At 99.11328038 %
Revs/Repost Ctas Adj 1/25/23
3137B5KW2
01/25/23 Received Accrued Interest On Sale Of 519.06
F H L M C Mltcl Mt 3.458% 8/25/23
Income Credit 519.06 USD
3137B5KW2
01/26/23 Purchased 305.46 Par Value Of - 305.46 305.46
F N M A Gtd Remic 3.000% 3/25/40
Trade Date 1/25/23
3136AGP89
01/26/23 Interest Earned On 305.46
F N M A Gtd Remic 3.000% 3/25/40
Deferred Interest For 1/25/23 On Payup Issue
3136AGP89
01/26/23 Cash Disbursement - 7,821,398.61
Paid To Riverside Cnty Trans Comm
Miscellaneous Payment
Agmarsh - Pmt. Of Req. Certificate No. 16
Payment To Rctc For Reimbursement Of
Project Costs Per Schedule I
Per Sec. 5.04 And 5.24 Of Master Indenture
01/26/23 Sold 7,703,098.44 Units Of 7,703,098.44 - 7,703,098.44
First Am Govt Ob Fd Cl Y
Trade Date 1/26/23
31846V203
01/26/23 Sold 300,000 Par Value Of 300,000.00 - 300,000.00
Texas ST Taxable 4.45806% 6/01/45
Trade Date 1/19/23
Sold Through Jpmsus3X Jp Morgan Sec Ny
Swift External Ref#: 00613000021980A
300,000 Par Value At 100 %
882721BN2
01/26/23 Received Accrued Interest On Sale Of 822.00
Texas ST Taxable 4.45806% 6/01/45
Income Credit 822.00 USD
882721BN2
01/26/23 Sold 200,000 Par Value Of 200,000.00 - 200,000.00
Wisconsin Hsg 0.080% 3/01/38
Trade Date 1/19/23
Sold Through Jpmsus3X Jp Morgan Sec Ny
Swift External Ref#: 00613000021990A
200,000 Par Value At 100 %
97689P5F1
00- -M -PF-PC -032-04 02122304 21223
Page 35 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
175
1010101010101010101010110101010010010011101000110100100000001001111100010001111111010000101001011010110001100000010111011001101100010101000010011001110011101011110000000010010000101100101000110100110110000000110111001000101110010011111100111000001101001101010010100111011011100011100010010100010011001001011001011101100110111010000011100110110100001101111101011000100010101000001011111111111111111111
01/26/23 Received Accrued Interest On Sale Of 2,931.39
Wisconsin Hsg 0.080% 3/01/38
Income Credit 2,931.39 USD
97689P5F1
01/26/23 Sold 300,000 Par Value Of 300,000.00 - 300,000.00
Metropolitan Ca 4.38516% 7/01/46
Trade Date 1/19/23
Sold Through Goldus33 Goldman Sachs Ny
Swift External Ref#: 00613000022010A
300,000 Par Value At 100 %
59266TUV1
01/26/23 Received Accrued Interest On Sale Of 820.44
Metropolitan Ca 4.38516% 7/01/46
Income Credit 820.44 USD
59266TUV1
01/26/23 Sold 160,000 Par Value Of 160,000.00 - 160,000.00
Colorado Hsg Fin 1.96092% 5/01/34
Trade Date 1/19/23
Sold Through Rbc Capital Markets, LLC
Swift External Ref#: 00613000022040A
160,000 Par Value At 100 %
196479A33
01/26/23 Received Accrued Interest On Sale Of 1,537.14
Colorado Hsg Fin 1.96092% 5/01/34
Income Credit 1,537.14 USD
196479A33
01/26/23 Cash Disbursement - 10,470.52
Transfer To Principal
Income Earnings
01/26/23 Cash Receipt 10,470.52
Transfer From Income
Income Earnings
01/26/23 Purchased 1,750,010.88 Units Of - 1,750,010.88 1,750,010.88
First Am Govt Ob Fd Cl Y
Trade Date 1/26/23
31846V203
01/26/23 Sold 118,416.62 Par Value Of 115,863.26 - 118,989.77
F N M A Gtd Remic 3.000% 3/25/40
Trade Date 1/20/23
Sold Through Barclays Capital Inc. Fixed In
Swift External Ref#: 00613000022120A
118,416.62 Par Value At 97.84375027 %
3136AGP89
01/26/23 Received Accrued Interest On Sale Of 236.83
F N M A Gtd Remic 3.000% 3/25/40
Income Credit 236.83 USD
3136AGP89
00- -M -PF-PC -032-04 02122304 21223
Page 36 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
176
01/26/23 Sold 200,000 Par Value Of 200,000.00 - 200,000.00
Colorado ST Hsg Fi 1.53175% 10/01/38
Trade Date 1/19/23
Sold Through Stifel, Nicolaus & Co.,Inc.
Swift External Ref#: 00613000022050D
200,000 Par Value At 100 %
196479YN3
01/26/23 Received Accrued Interest On Sale Of 2,455.07
Colorado ST Hsg Fi 1.53175% 10/01/38
Income Credit 2,455.07 USD
196479YN3
01/27/23 Cash Disbursement - 2,436.91
Transfer To Principal
Income Earnings
01/27/23 Cash Receipt 2,436.91
Transfer From Income
Income Earnings
01/30/23 Purchased 709,470.99 Units Of - 709,470.99 709,470.99
First Am Govt Ob Fd Cl Y
Trade Date 1/30/23
31846V203
01/31/23 Sold 709,470.99 Units Of 709,470.99 - 709,470.99
First Am Govt Ob Fd Cl Y
Trade Date 1/30/23
31846V203
01/31/23 Sold 299,962.08 Units Of 299,962.08 - 299,962.08
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
01/31/23 Interest Earned On 10,672.25
U S Treasury Nt 0.325% 10/31/23
0.011234 USD/$1 Pv On 950,000 Par Value Due 1/31/23
91282CDE8
01/31/23 Amortized Premium On - 26.58
U S Treasury Nt 0.325% 10/31/23
Fed Basis Decreased By 26.58 USD To 951,041.91 USD
1/31/23
Current Year Amortization
91282CDE8
01/31/23 Purchased 20,143.24 Units Of - 20,143.24 20,143.24
First Am Govt Ob Fd Cl Y
Trade Date 1/31/23
31846V203
01/31/23 Purchased 300,000 Par Value Of - 299,962.08 299,962.08
Potomac Electric Pwr C P 2/01/23
Trade Date 1/30/23
Purchased Through Goldus33 Goldman Sachs Ny
Swift External Ref#: 00613000022220A
300,000 Par Value At 99.98736 %
73768BP16
00- -M -PF-PC -032-04 02122304 21223
Page 37 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
177
1010101010101010101010110101010001010011101000110100100000001001111100010000111111010000011001001110110001111100010010011001101100010100010010011001110110011011110000000010110000101100101000001000010110000000101001111000101110010000101100111000001011000110100010100001011010010111100010101000110110001000000101111100100110101111001111001010110111011100010001011000101100101000101011111111111111111111
01/31/23 Sold 400,000 Par Value Of 400,000.00 - 400,000.00
Wisconsin Hsg 1.11576% 3/01/28
Trade Date 1/19/23
Sold Through Wells Fargo Securities, LLC
Swift External Ref#: 00613000022030D
400,000 Par Value At 100 %
97689PP93
01/31/23 Received Accrued Interest On Sale Of 5,789.37
Wisconsin Hsg 1.11576% 3/01/28
Income Credit 5,789.37 USD
97689PP93
01/31/23 Sold 300,000 Par Value Of 300,000.00 - 300,000.00
New York ST Mtg 0.12357% 10/01/48
Trade Date 1/19/23
Sold Through Wells Fargo Securities, LLC
Swift External Ref#: 00613000022020D
300,000 Par Value At 100 %
6498834Y8
01/31/23 Received Accrued Interest On Sale Of 3,681.62
New York ST Mtg 0.12357% 10/01/48
Income Credit 3,681.62 USD
6498834Y8
00- -M -PF-PC -032-04 02122304 21223
Page 38 of 59
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
PROJECT SALES TAX REVENUE
Date Income Principal Tax
Posted Description Cash Cash Cost
Ending Balance 01/31/2023 $20,143.24 - $20,143.24 $15,461,134.18
0313205-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907004
TRANSACTION DETAIL (continued)
178
111,070.130 First American Government 111,070.13 111,070.13 0.7 4,258.95
Oblig Fd Cl Y 1.0000 1.00 3.83
31846V203
4,174.320 F H L M C Multiclass Mtg Partn 4,159.92 4,176.68 0.0 137.93
C M O Ser K029 Cl A2 99.6550 100.06 3.32
3137B36J2
Standard & Poors Rating: N/A
Moodys Rating: N/A
8,370.570 F N M A Gtd R E M I C Pass Thru 8,323.11 8,232.90 0.1 217.13
C M O Ser 2013 M6 Cl 2A 99.4330 98.36 2.61
3136AC7J4
Standard & Poors Rating: N/A
Moodys Rating: N/A
15,931.660 F N M A Partn Cert 15,819.50 15,930.20 0.1 404.03
Pool #Bm1757 99.2960 99.99 2.55
3140J55T2
Standard & Poors Rating: N/A
Moodys Rating: N/A
2,938.860 F N M A Gtd R E M I C Pass Thru 2,926.93 2,939.39 0.0 161.64
C M O Ser 2003 23 Cl Eq 99.5940 100.02 5.52
31392J6N4
Standard & Poors Rating: N/A
Moodys Rating: N/A
970,000.000 U S Treasury Note 957,496.70 964,612.89 6.2 1,212.50
0.125 05/15/2023 98.7110 99.44 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
1,350,000.000 U S Treasury Note 1,316,830.50 1,303,382.81 8.6 1,687.50
0.125 08/15/2023 97.5430 96.55 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
#3763
3.320 02/25/2023
03/25/2023 Var
2.493 04/01/2023
5.500 04/25/2023
912828ZP8
91282CAF8
0.7 $4,258.95 $111,070.13 $111,070.13
00- -M -PF-PC -032-04 02123904 21239
Page 3 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Cash Equivalents
Total Cash Equivalents
US Government Issues
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23
STAMP Portfolio for 2017 Financing - Ramp Up Fund
179
1010101010101010101010110101010011010011101000110011100000001001111101110000011111010000111001000110110001011000010000011001100000010111000010011101110011000001110000000011110000001100111001011110110110000000111011111000101110011110000100111000001000001110110010100011010101001011100010010001111101001000001110111110001110110111000011101010110010011100000011011000101000011001101011111111111111111111
1,265,000.000 U S Treasury Note 1,224,532.65 1,257,228.53 8.0 1,581.25
0.125 10/15/2023 96.8010 99.39 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
130,000.000 F N M A 125,651.50 129,967.50 0.8 390.00
0.300 10/27/2023 96.6550 99.98 .31
Standard & Poors Rating: AA+
Moodys Rating: Aaa
400,000.000 F H L M C M T N 386,868.00 400,130.35 2.5 1,280.00
0.320 11/02/2023 96.7170 100.03 .33
Standard & Poors Rating: N/A
Moodys Rating: Aaa
1,255,000.000 U S Treasury Note 1,205,728.70 1,238,114.84 7.8 1,568.75
0.125 12/15/2023 96.0740 98.65 .13
Standard & Poors Rating: N/A
Moodys Rating: Aaa
209,000.000 F H L M C Multiclass Mtg Partn 206,170.14 214,711.95 1.3 7,294.10
C M O Ser K037 Cl A2 98.6460 102.73 3.54
3137B7YY9
Standard & Poors Rating: AAA
Moodys Rating: N/A
565,000.000 U S Treasury Note 536,992.95 540,192.97 3.5 2,118.75
0.375 04/15/2024 95.0430 95.61 .39
Standard & Poors Rating: N/A
Moodys Rating: Aaa
1,000,000.000 U S Treasury Note 943,200.00 974,541.01 6.1 2,500.00
0.250 06/15/2024 94.3200 97.45 .26
Standard & Poors Rating: N/A
Moodys Rating: Aaa
175,000.000 F H L M C Multiclass Mtg Partn 171,375.75 181,579.91 1.1 5,780.25
C M O Ser K039 Cl A2 97.9290 103.76 3.37
3137BDCW4
Standard & Poors Rating: N/A
Moodys Rating: N/A
91282CAP6
3136G46A6
3134GW6E1
91282CBA8
3.490 01/25/2024
91282CBV2
91282CCG4
3.303 07/25/2024
00- -M -PF-PC -032-04 02123904 21239
Page 4 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
180
11,287.520 F H L M C Multiclass Mtg Partn 11,201.73 11,480.24 0.1 307.02
C M O Ser K041 Cl A1 99.2400 101.71 2.74
3137BFE80
Standard & Poors Rating: N/A
Moodys Rating: N/A
500,000.000 F H L M C M T N 498,320.00 500,000.00 3.3 25,400.00
5.080 10/25/2024 99.6640 100.00 5.10
Standard & Poors Rating: AA+
Moodys Rating: Aaa
85,000.000 F H L M C M T N 83,835.50 85,000.00 0.6 3,400.00
4.000 12/30/2024 98.6300 100.00 4.06
Standard & Poors Rating: AA+
Moodys Rating: Aaa
1,020,000.000 U S Treasury Note 974,059.20 1,019,313.32 6.3 17,850.00
1.750 12/31/2024 95.4960 99.93 1.83
Standard & Poors Rating: N/A
Moodys Rating: N/A
117,917.360 F H L M C Multiclass Mtg Partn 115,303.13 120,960.60 0.8 3,304.04
C M O Ser K050 Cl A1 97.7830 102.58 2.87
3137BLW87
Standard & Poors Rating: N/A
Moodys Rating: N/A
147,941.810 F H L M C Multiclass Mtg Partn 145,502.25 148,719.43 1.0 5,325.91
C M O Ser K731 Cl A2 98.3510 100.53 3.66
3137F4WZ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
105,000.000 Federal Home Loan Bks 100,445.10 105,000.00 0.7 2,310.00
2.200 02/28/2025 95.6620 100.00 2.30
Standard & Poors Rating: AA+
Moodys Rating: Aaa
1,250,000.000 U S Treasury Note 1,158,200.00 1,210,609.18 7.5 6,250.00
0.500 03/31/2025 92.6560 96.85 .54
Standard & Poors Rating: N/A
Moodys Rating: Aaa
2.720 08/25/2024
3134GX4M3
3134GXA61
912828YY0
2.802 01/25/2025
02/25/2025 Var
3130AR2C4
912828ZF0
00- -M -PF-PC -032-04 02123904 21239
Page 5 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/ % of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
181
1010101010101010101010110101010010010011101000110011100000001001111101110001111111010000111001011010110001010100000011011001100000010000010010011101110010110001110000000010011111001100111001110010110110000000101101001000101110001111101110111000001100110110000010100011110111001011100010011111101011001000101111111110111110100101111100001010110101010100010011011000100010011001001011111111111111111111
150,000.000 F H L M C Multiclass Mtg Partn 144,724.50 156,619.99 0.9 4,154.94
C M O Ser Kplb Cl A 96.4830 104.41 2.87
3137BJQ71
Standard & Poors Rating: N/A
Moodys Rating: N/A
35,000.000 F H L M C Multiclass Mtg Partn 34,153.35 34,870.12 0.2 1,165.15
C M O Ser K047 Cl A2 97.5810 99.63 3.41
3137BKRJ1
Standard & Poors Rating: N/A
Moodys Rating: N/A
155,000.000 F H L M C M T N 152,640.90 155,000.00 1.0 6,277.50
4.050 07/21/2025 98.4780 100.00 4.11
Standard & Poors Rating: AA+
Moodys Rating: Aaa
685,000.000 U S Treasury Note 622,384.15 615,513.87 4.0 1,712.50
0.250 09/30/2025 90.8590 89.86 .27
Standard & Poors Rating: N/A
Moodys Rating: Aaa
125,000.000 F H L M C Multiclass Mtg Partn 121,300.00 124,448.24 0.8 3,938.75
C M O Ser K052 Cl A2 97.0400 99.56 3.25
3137BMTX4
Standard & Poors Rating: N/A
Moodys Rating: N/A
150,000.000 F N M A Partn Cert 146,392.50 150,992.02 1.0 5,190.00
Pool #Bl1359 97.5950 100.66 3.54
3140HSQM6
Standard & Poors Rating: N/A
Moodys Rating: N/A
175,000.000 F H L M C Multiclass Mtg Partn 168,803.25 173,660.16 1.1 5,110.00
C M O Ser Kbx1 Cl A2 96.4590 99.23 3.03
3137F4CZ3
Standard & Poors Rating: N/A
Moodys Rating: N/A
45,051.370 F H L M C Multiclass Mtg Partn 44,189.99 45,358.61 0.3 1,576.80
C M O Ser 3806 Cl L 98.0880 100.68 3.57
3137A6YW6
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.770 05/25/2025
3.329 05/25/2025
3134GXG24
91282CAM3
3.151 11/25/2025
3.460 01/01/2026
2.920 01/25/2026
3.500 02/15/2026
00- -M -PF-PC -032-04 02123904 21239
Page 6 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
182
1,375,000.000 U S Treasury Note 1,242,395.00 1,214,818.75 8.1 6,875.00
0.500 02/28/2026 90.3560 88.35 .55
Standard & Poors Rating: N/A
Moodys Rating: Aaa
152,225.280 F N M A Partn Cert 144,565.30 149,212.77 0.9 3,881.74
Pool #An1613 94.9680 98.02 2.68
3138LDYK3
Standard & Poors Rating: N/A
Moodys Rating: N/A
21,444.190 F H L M C Multiclass Mtg Partn 20,977.35 21,634.26 0.1 428.88
C M O Ser 4272 Cl Yg 97.8230 100.89 2.04
3137B6DF5
Standard & Poors Rating: N/A
Moodys Rating: N/A
53,219.440 F N M A Gtd R E M I C Pass Thru 49,867.68 51,150.96 0.3 1,358.69
C M O Ser 2017 M4 Cl A2 93.7020 96.11 2.72
3136AVY52
Standard & Poors Rating: N/A
Moodys Rating: N/A
9,356.870 G N M A I I Pass Thru Cert 9,076.16 9,421.80 0.1 280.71
Pool #005276 97.0000 100.69 3.09
36202F2H8
Standard & Poors Rating: N/A
Moodys Rating: N/A
10,650.130 G N M A I I Pass Thru Cert 10,327.11 10,828.57 0.1 319.50
Pool #005300 96.9670 101.68 3.09
36202F3H7
Standard & Poors Rating: N/A
Moodys Rating: N/A
22,313.660 F H L M C Multiclass Mtg Partn 21,150.00 22,496.69 0.1 334.70
C M O Ser 4039 Cl Qb 94.7850 100.82 1.58
3137AQQE1
Standard & Poors Rating: N/A
Moodys Rating: N/A
88,111.250 G N M A Partn Cert 85,511.97 89,934.45 0.6 2,643.34
Pool #779250 97.0500 102.07 3.09
36176XQB8
Standard & Poors Rating: N/A
Moodys Rating: N/A
91282CBQ3
2.550 07/01/2026
2.000 11/15/2026
12/25/2026 Var
3.000 01/20/2027
3.000 02/20/2027
1.500 05/15/2027
3.000 05/15/2027
00- -M -PF-PC -032-04 02123904 21239
Page 7 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
183
1010101010101010101010110101010001010011101000110011100000001001111101110001011111010000111001001010110001010000010011011001100000010000100010011101110100100011110000000010011100101100111000001010010110000000100011110000101110000111101100111000001110110011110010100101011100011111100010111010101010001000000110100001111110101000000001000000110100001101110101011000101000011010101011111111111111111111
26,288.800 G N M A Gtd R E M I C Pass Thru 24,771.15 26,489.03 0.2 394.33
C M O Ser 2012 96 Cl Ad 94.2270 100.76 1.59
38378HAU0
Standard & Poors Rating: N/A
Moodys Rating: N/A
9,667.190 F N M A Gtd R E M I C Pass Thru 9,108.23 9,752.02 0.1 145.01
C M O Ser 2012 102 Cl Bj 94.2180 100.88 1.59
3136A8SX9
Standard & Poors Rating: N/A
Moodys Rating: N/A
51,566.880 F H L M C Multiclass Mtg Partn 48,570.33 50,437.69 0.3 644.59
C M O Ser 4138 Cl Ha 94.1890 97.81 1.33
3137AWWM3
Standard & Poors Rating: N/A
Moodys Rating: N/A
25,731.490 F H L M C Multiclass Mtg Partn 25,219.18 25,984.80 0.2 643.29
C M O Ser 4328 Cl Ea 98.0090 100.98 2.55
3137B9RN7
Standard & Poors Rating: N/A
Moodys Rating: N/A
41,717.100 G N M A I I Pass Thru Cert 40,355.87 41,581.33 0.3 1,251.51
Pool #Ma0909 96.7370 99.67 3.10
36179NAJ7
Standard & Poors Rating: N/A
Moodys Rating: N/A
26,435.760 F N M A Gtd R E M I C Pass Thru 24,869.97 26,594.26 0.2 330.45
C M O Ser 2013 27 Cl Ka 94.0770 100.60 1.33
3136ADZA0
Standard & Poors Rating: N/A
Moodys Rating: N/A
49,266.290 G N M A I I Partn Cert 47,562.66 50,091.38 0.3 1,477.99
Pool #Ma1134 96.5420 101.67 3.11
36179NHK7
11,494.530 F N M A Gtd R E M I C Pass Thru 10,895.09 11,612.71 0.1 201.15
C M O Ser 2013 70 Cl Dg 94.7850 101.03 1.85
3136AEY84
Standard & Poors Rating: N/A
Moodys Rating: N/A
1.500 08/20/2027
1.500 09/15/2027
1.250 12/15/2027
2.500 12/15/2027
3.000 04/20/2028
1.250 04/25/2028
3.000 07/20/2028
1.750 07/25/2028
00- -M -PF-PC -032-04 02123904 21239
Page 8 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
184
11,808.130 F H L M C Multiclass Mtg Partn 11,502.77 11,660.52 0.1 236.16
C M O Ser 4305 Cl Ct 97.4140 98.75 2.05
3137B84S3
Standard & Poors Rating: N/A
Moodys Rating: N/A
137,123.060 F N M A Partn Cert 130,447.91 141,106.73 0.9 3,428.08
Pool #As4860 95.1320 102.91 2.63
3138WEMJ5
Standard & Poors Rating: N/A
Moodys Rating: N/A
45,912.300 F H L M C Gold Partn Cert 44,757.61 45,464.14 0.3 1,377.37
Pool #G18561 97.4850 99.02 3.08
3128MMTT0
Standard & Poors Rating: N/A
Moodys Rating: N/A
55,795.120 F H L M C Gold Partn Cert 54,308.74 58,183.80 0.4 1,673.85
Pool #J32243 97.3360 104.28 3.08
31307NP40
Standard & Poors Rating: N/A
Moodys Rating: N/A
21,091.160 F H L M C Gold Partn Cert 20,560.51 20,222.00 0.1 632.73
Pool #G18569 97.4840 95.88 3.08
3128MMT37
Standard & Poors Rating: N/A
Moodys Rating: N/A
134,561.390 F H L M C Gold Partn Cert 128,130.70 138,447.28 0.8 3,364.03
Pool #G18571 95.2210 102.89 2.63
3128MMT52
Standard & Poors Rating: N/A
Moodys Rating: N/A
53,953.390 F H L M C Partn Cert Umbs 52,607.25 56,162.96 0.3 1,888.37
Pool #Zt1963 97.5050 104.10 3.59
3132AEFC5
Standard & Poors Rating: N/A
Moodys Rating: N/A
118,974.470 F N M A Partn Cert 116,948.33 124,030.39 0.8 4,164.11
Pool #Al7688 98.2970 104.25 3.56
3138EQRJ3
2.000 02/15/2029
2.500 05/01/2030
3.000 07/01/2030
3.000 07/01/2030
3.000 09/01/2030
2.500 10/01/2030
3.500 11/01/2030
3.500 11/01/2030
00- -M -PF-PC -032-04 02123904 21239
Page 9 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
185
1010101010101010101010110101010000010011101000110011100000001001111101110000011111010000111001010110110001001100001000011001100000010010110010011101110000000011110000000011010101001100111000001000110110000000100100000000101110000101011010111000001001011101100010100011101011101011100010010101000010001001001111110110110110100001100010000000110011100100111001011000101100011010101011111111111111111111
153,935.900 F N M A Partn Cert Umbs 143,736.11 157,505.40 0.9 3,078.72
Pool #Ma4226 93.3740 102.32 2.14
31418DVU3
Standard & Poors Rating: N/A
Moodys Rating: N/A
11,159.670 F H L M C Gold Partn Cert 10,626.68 11,514.58 0.1 278.99
Pool #G18586 95.2240 103.18 2.63
3128MMUL5
Standard & Poors Rating: N/A
Moodys Rating: N/A
42,653.160 F H L M C Partn Cert Mirror 41,643.56 44,410.21 0.3 1,279.59
Pool #Zs7403 97.6330 104.12 3.07
3132A8GL7
Standard & Poors Rating: N/A
Moodys Rating: N/A
23,434.430 F N M A Partn Cert 23,078.93 24,571.61 0.2 820.21
Pool #Al8561 98.4830 104.85 3.55
3138ETQP4
Standard & Poors Rating: N/A
Moodys Rating: N/A
27,103.830 F N M A Partn Cert 25,747.83 27,963.30 0.2 677.60
Pool #Ma2803 94.9970 103.17 2.63
31418CDH4
Standard & Poors Rating: N/A
Moodys Rating: N/A
37,882.100 F N M A Gtd R E M I C Pass Thru 35,562.58 38,607.49 0.2 757.64
C M O Ser 2015 89 Cl Ke 93.8770 101.91 2.13
3136AQZK9
Standard & Poors Rating: N/A
Moodys Rating: N/A
129,585.740 F N M A Partn Cert Umbs 123,105.16 133,993.80 0.8 3,239.64
Pool #Fm1155 94.9990 103.40 2.63
3140X4H90
Standard & Poors Rating: N/A
Moodys Rating: N/A
18,319.570 F N M A Partn Cert Umbs 17,825.49 19,087.44 0.1 549.59
Pool #Bm3956 97.3030 104.19 3.08
3140J8ME0
Standard & Poors Rating: N/A
Moodys Rating: N/A
2.000 12/01/2030
2.500 02/01/2031
3.000 05/01/2031
3.500 06/01/2031
2.500 11/01/2031
2.000 11/25/2031
2.500 06/01/2032
3.000 12/01/2032
00- -M -PF-PC -032-04 02123904 21239
Page 10 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
186
28,369.660 F H L M C Partn Cert 27,799.43 29,974.65 0.2 992.94
Pool #Zt1989 97.9900 105.66 3.57
3132AEF68
Standard & Poors Rating: N/A
Moodys Rating: N/A
39,885.940 F H L M C Gtd R E M I C Pass Thru 37,164.52 40,180.60 0.2 398.86
Stripped Tr 370 Cl 100 93.1770 100.74 1.07
3133Q5GZ3
Standard & Poors Rating: N/A
Moodys Rating: N/A
57,290.830 F N M A Partn Cert 55,654.60 60,084.09 0.4 1,718.72
Pool #Fm6017 97.1440 104.88 3.09
3140X9VK8
Standard & Poors Rating: N/A
Moodys Rating: N/A
45,149.910 F N M A Partn Cert 44,023.42 43,992.95 0.3 1,580.25
Pool #Fm3340 97.5050 97.44 3.59
3140X6WA5
Standard & Poors Rating: N/A
Moodys Rating: N/A
69,787.980 F N M A Partn Cert 65,868.69 72,327.08 0.4 1,744.70
Pool #Fm3936 94.3840 103.64 2.65
3140X7LS6
Standard & Poors Rating: N/A
Moodys Rating: N/A
53,554.270 F N M A Partn Cert Umbs 51,370.86 55,403.10 0.3 1,606.63
Pool #Ma4112 95.9230 103.45 3.13
31418DSA1
Standard & Poors Rating: N/A
Moodys Rating: N/A
362,231.620 F N M A Partn Cert Umbs 330,054.59 368,754.59 2.2 7,244.63
Pool #Ma4497 91.1170 101.80 2.19
31418D7K2
Standard & Poors Rating: N/A
Moodys Rating: N/A
38,727.170 F N M A Gtd R E M I C Pass Thru 38,218.29 38,575.89 0.3 1,161.82
C M O Ser 2017 83 Cl Vn 98.6860 99.61 3.04
3136AYEV1
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.500 01/01/2033
1.000 09/25/2033
3.000 02/01/2035
3.500 05/01/2035
2.500 08/01/2035
3.000 08/01/2035
2.000 11/01/2036
3.000 10/25/2037
00- -M -PF-PC -032-04 02123904 21239
Page 11 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
187
1010101010101010101010110101010111010011101000110011100000001001111101110001011111010000111001010010110001001000011101011001100000010100010010011101110000100011110000000010100001101100111001000001010110000000110010011000101110010001010010111000001100101010000010100010001111101111100011100101111101001000110001100000110110110010001010111000110011000101111101011000101010001011101011111111111111111111
17,010.070 G N M A Gtd R E M I C Pass Thru 16,512.19 17,446.00 0.1 510.30
C M O Ser 2010 4 Cl Pd 97.0730 102.56 3.09
38376T5Z1
Standard & Poors Rating: N/A
Moodys Rating: N/A
6,767.760 G N M A Gtd R E M I C Pass Thru 6,683.57 6,899.25 0.0 270.71
C M O Ser 2010 19 Cl Ua 98.7560 101.94 4.05
38376V2E6
Standard & Poors Rating: N/A
Moodys Rating: N/A
2,678.900 G N M A Gtd R E M I C Pass Thru 2,628.46 2,702.07 0.0 80.37
C M O Ser 2011 18 Cl Pg 98.1170 100.86 3.06
38377QKH9
Standard & Poors Rating: N/A
Moodys Rating: N/A
3,979.430 G N M A Gtd R E M I C Pass Thru 3,853.16 3,929.68 0.0 59.69
C M O Ser 2013 47 Cl Ec 96.8270 98.75 1.55
38378JZD7
Standard & Poors Rating: N/A
Moodys Rating: N/A
19,345.040 F N M A Gtd R E M I C Pass Thru 19,151.78 19,220.24 0.1 580.35
C M O Ser 2012 83 Cl Pc 99.0010 99.35 3.03
3136A7D25
Standard & Poors Rating: N/A
Moodys Rating: N/A
15,882.370 G N M A Gtd R E M I C Pass Thru 15,321.40 15,309.12 0.1 357.35
C M O Ser 2013 116 Cl Ma 96.4680 96.39 2.33
38378VC45
Standard & Poors Rating: N/A
Moodys Rating: N/A
45,318.620 G N M A Gtd R E M I C Pass Thru 42,014.44 42,259.60 0.3 793.08
C M O Ser 2013 28 Cl Me 92.7090 93.25 1.89
38378FWR7
Standard & Poors Rating: N/A
Moodys Rating: N/A
11,171.950 F N M A Gtd R E M I C Pass Thru 10,771.55 11,329.99 0.1 223.44
C M O Ser 2012 148 Cl Mc 96.4160 101.41 2.07
3136ABNZ2
Standard & Poors Rating: N/A
Moodys Rating: N/A
3.000 01/16/2039
4.000 07/16/2039
3.000 08/20/2040
1.500 12/20/2040
3.000 07/25/2041
2.250 12/16/2041
1.750 11/20/2042
2.000 11/25/2042
00- -M -PF-PC -032-04 02123904 21239
Page 12 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
ASSET DETAIL AS OF 01/31/23 (continued)
188
82,904.590 F H L M C Multiclass Mtg Partn 76,857.53 84,325.39 0.5 1,450.83
C M O Ser 4165 Cl Te 92.7060 101.71 1.89
3137AYSH5
Standard & Poors Rating: N/A
Moodys Rating: N/A
Time of trade execution and trading party (if not disclosed)will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services
believed by us to be reliable.Assets that are not publicly traded may be reflected at values from other external sources.Assets for
which a current value is not available may be reflected at a previous value or as not valued,at par value,or at a nominal value.Values
shown do not necessarily reflect prices at which assets could be bought or sold.Values are updated based on internal policy and may
be updated less frequently than statement generation.
For further information,please contact your Analyst.
Yield at Market and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for
making investment,trading,or tax decisions.The estimates may not represent the actual value earned by your investments and they
provide no guarantee of what your investments may earn in the future.
1.750 12/15/2042
99.3 $189,038.67 $15,267,293.59 $15,670,975.12
100.0 $193,297.62 $15,378,363.72 $15,782,045.25
00- -M -PF-PC -032-04 02123904 21239
Page 13 of 56
Security Description
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Shares or Market Value/ Tax Cost/% of Total
Face Amount Est Ann IncPriceUnit Cost Yield at Market
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
Total US Government Issues
ACCOUNT NUMBER: 240907020
Total Assets
ASSET DETAIL AS OF 01/31/23 (continued)
ASSET DETAIL MESSAGES
189
01/03/23 Interest Earned On 8,925.00
U S Treasury Nt 1.750% 12/31/24
0.00875 USD/$1 Pv On 1,020,000 Par Value Due 12/31/22
912828YY0
01/03/23 Cash Disbursement - 8,815.62
Transfer To Principal
Income Earnings
01/03/23 Cash Receipt 8,815.62
Transfer From Income
Income Earnings
01/03/23 Purchased 8,925 Units Of - 8,925.00 8,925.00
First Am Govt Ob Fd Cl Y
Trade Date 1/3/23
31846V203
01/03/23 Interest Earned On 304.65
First Am Govt Ob Fd Cl Y
Interest From 12/1/22 To 12/31/22
31846V203
01/04/23 Cash Disbursement - 304.65
Transfer To Principal
Income Earnings
01/04/23 Cash Receipt 304.65
Transfer From Income
Income Earnings
01/04/23 Purchased 304.65 Units Of - 304.65 304.65
First Am Govt Ob Fd Cl Y
Trade Date 1/4/23
31846V203
01/09/23 Amortized Premium On - 22.91
U S Treasury Nt 0.500% 3/15/23
Fed Basis Decreased By 22.91 USD To 763,758.77 USD
1/9/23
Current Year Amortization
912828ZD5
01/09/23 Sold 765,000 Par Value Of 759,680.86 - 763,758.77
U S Treasury Nt 0.500% 3/15/23
Trade Date 1/6/23
Sold Through Nwscus33 Deutsche Bk Secs Ny
Swift External Ref#: 00614900005790A
765,000 Par Value At 99.30468758 %
912828ZD5
01/09/23 Received Accrued Interest On Sale Of 1,225.69
U S Treasury Nt 0.500% 3/15/23
Income Credit 1,225.69 USD
912828ZD5
00- -M -PF-PC -032-04 02123904 21239
Page 15 of 56
Beginning Balance 01/01/2023 - $109.38 $109.38 $15,773,213.60
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL
190
1010101010101010101010110101010101010011101000110011100000001001111101110000011111010000111001011110110001000000011110011001100000010011110010011101110111000001110000000011001101001100111000010101110110000000101010010000101110001000111010111000001010010111000010100100000110111011100011001110101010001000111001111111000110101101001000010010110101010100001011011000101010001000101011111111111111111111
01/09/23 Sold 325,000 Par Value Of 319,921.88 - 324,342.58
U S Treasury Nt 0.125% 5/15/23
Trade Date 1/6/23
Sold Through Nwscus33 Deutsche Bk Secs Ny
Swift External Ref#: 00614900005780A
325,000 Par Value At 98.43750154 %
912828ZP8
01/09/23 Received Accrued Interest On Sale Of 61.72
U S Treasury Nt 0.125% 5/15/23
Income Credit 61.72 USD
912828ZP8
01/09/23 Cash Disbursement - 1,287.41
Transfer To Principal
Income Earnings
01/09/23 Cash Receipt 1,287.41
Transfer From Income
Income Earnings
01/09/23 Purchased 1,080,890.15 Units Of - 1,080,890.15 1,080,890.15
First Am Govt Ob Fd Cl Y
Trade Date 1/9/23
31846V203
01/10/23 Purchased 685,000 Par Value Of - 610,987.89 610,987.89
U S Treasury Nt 0.500% 2/28/26
Trade Date 1/6/23
Purchased Through Msnyus33 Morgan Stanley Ny
Swift External Ref#: 00614900005760B
685,000 Par Value At 89.19531241 %
91282CBQ3
01/10/23 Paid Accrued Interest On Purchase Of - 1,248.89
U S Treasury Nt 0.500% 2/28/26
Income Debit 1,248.89- USD
91282CBQ3
01/10/23 Purchased 510,000 Par Value Of - 458,362.50 458,362.50
U S Treasury Nt 0.250% 9/30/25
Trade Date 1/6/23
Purchased Through Credit Suisse Securities (USA)
Swift External Ref#: 00614900005800A
510,000 Par Value At 89.875 %
91282CAM3
01/10/23 Paid Accrued Interest On Purchase Of - 357.28
U S Treasury Nt 0.250% 9/30/25
Income Debit 357.28- USD
91282CAM3
01/10/23 Sold 1,070,956.56 Units Of 1,070,956.56 - 1,070,956.56
First Am Govt Ob Fd Cl Y
Trade Date 1/10/23
31846V203
01/17/23 Interest Earned On 30.54
G N M A Gtd Remic 2.250% 12/16/41
$0.00188/Pv On 16,289.71 Pv Due 1/16/23
38378VC45
00- -M -PF-PC -032-04 02123904 21239
Page 16 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
191
01/17/23 Paid Down 407.34 Par Value Of 407.34 - 392.64
G N M A Gtd Remic 2.250% 12/16/41
Trade Date 1/16/23
38378VC45
01/17/23 Interest Earned On 43.88
G N M A Gtd Remic 3.000% 1/16/39
$0.00250/Pv On 17,551.04 Pv Due 1/16/23
38376T5Z1
01/17/23 Amortized Premium On - 3.13
G N M A Gtd Remic 3.000% 1/16/39
Fed Basis Decreased By 3.13 USD To 18,000.83 USD
1/16/23
Current Year Amortization
38376T5Z1
01/17/23 Paid Down 540.97 Par Value Of 540.97 - 554.83
G N M A Gtd Remic 3.000% 1/16/39
Trade Date 1/16/23
38376T5Z1
01/17/23 Interest Earned On 23.24
G N M A Gtd Remic 4.000% 7/16/39
$0.00333/Pv On 6,972.24 Pv Due 1/16/23
38376V2E6
01/17/23 Amortized Premium On - 0.90
G N M A Gtd Remic 4.000% 7/16/39
Fed Basis Decreased By 0.90 USD To 7,107.70 USD
1/16/23
Current Year Amortization
38376V2E6
01/17/23 Paid Down 204.48 Par Value Of 204.48 - 208.45
G N M A Gtd Remic 4.000% 7/16/39
Trade Date 1/16/23
38376V2E6
01/17/23 Interest Earned On 38.29
F H L M C Mltcl Mtg 2.000% 11/15/26
$0.00167/Pv On 22,972.73 Pv Due 1/15/23
3137B6DF5
01/17/23 Amortized Premium On - 4.31
F H L M C Mltcl Mtg 2.000% 11/15/26
Fed Basis Decreased By 4.31 USD To 23,176.35 USD
1/15/23
Current Year Amortization
3137B6DF5
01/17/23 Paid Down 1,528.54 Par Value Of 1,528.54 - 1,542.09
F H L M C Mltcl Mtg 2.000% 11/15/26
Trade Date 1/15/23
3137B6DF5
01/17/23 Amortized Premium On - 3.55
F H L M C Mltcl Mtg 1.500% 5/15/27
Fed Basis Decreased By 3.55 USD To 23,164.16 USD
1/15/23
Current Year Amortization
3137AQQE1
00- -M -PF-PC -032-04 02123904 21239
Page 17 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
192
1010101010101010101010110101010100010011101000110011100000001001111101110000011111010000101001000010110001011100011101011001100000010010100010011101110011000011110000000010011001101100111001111010010110000000101111100000101110001100111100111000001110010101010010100111001000110011100011110010001011001000010100100011010110100011011111001000110111011100110101011000101000001011001011111111111111111111
01/17/23 Interest Earned On 28.72
F H L M C Mltcl Mtg 1.500% 5/15/27
$0.00125/Pv On 22,975.70 Pv Due 1/15/23
3137AQQE1
01/17/23 Paid Down 662.04 Par Value Of 662.04 - 667.47
F H L M C Mltcl Mtg 1.500% 5/15/27
Trade Date 1/15/23
3137AQQE1
01/17/23 Amortized Premium On - 1.21
F H L M C Mltcl Mtg 1.250% 12/15/27
Fed Basis Decreased By 1.21 USD To 52,061.72 USD
1/15/23
Current Year Amortization
3137AWWM3
01/17/23 Interest Earned On 55.45
F H L M C Mltcl Mtg 1.250% 12/15/27
$0.00104/Pv On 53,227.26 Pv Due 1/15/23
3137AWWM3
01/17/23 Paid Down 1,660.38 Par Value Of 1,660.38 - 1,624.03
F H L M C Mltcl Mtg 1.250% 12/15/27
Trade Date 1/15/23
3137AWWM3
01/17/23 Amortized Premium On - 4.57
F H L M C Mltcl Mtg 2.500% 12/15/27
Fed Basis Decreased By 4.57 USD To 28,062.86 USD
1/15/23
Current Year Amortization
3137B9RN7
01/17/23 Interest Earned On 57.89
F H L M C Mltcl Mtg 2.500% 12/15/27
$0.00208/Pv On 27,789.29 Pv Due 1/15/23
3137B9RN7
01/17/23 Paid Down 2,057.8 Par Value Of 2,057.80 - 2,078.06
F H L M C Mltcl Mtg 2.500% 12/15/27
Trade Date 1/15/23
3137B9RN7
01/17/23 Amortized Premium On - 7.53
F H L M C Mltcl Mtg 1.750% 12/15/42
Fed Basis Decreased By 7.53 USD To 84,995.26 USD
1/15/23
Current Year Amortization
3137AYSH5
01/17/23 Interest Earned On 121.87
F H L M C Mltcl Mtg 1.750% 12/15/42
$0.00146/Pv On 83,563.18 Pv Due 1/15/23
3137AYSH5
01/17/23 Paid Down 658.59 Par Value Of 658.59 - 669.87
F H L M C Mltcl Mtg 1.750% 12/15/42
Trade Date 1/15/23
3137AYSH5
00- -M -PF-PC -032-04 02123904 21239
Page 18 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
193
01/17/23 Interest Earned On 137.07
F H L M C Mltcl Mtg 3.500% 2/15/26
$0.00292/Pv On 46,995.70 Pv Due 1/15/23
3137A6YW6
01/17/23 Amortized Premium On - 8.13
F H L M C Mltcl Mtg 3.500% 2/15/26
Fed Basis Decreased By 8.13 USD To 47,316.20 USD
1/15/23
Current Year Amortization
3137A6YW6
01/17/23 Paid Down 1,944.33 Par Value Of 1,944.33 - 1,957.59
F H L M C Mltcl Mtg 3.500% 2/15/26
Trade Date 1/15/23
3137A6YW6
01/17/23 Interest Earned On 21.37
F H L M C Mltcl Mtg 2.000% 2/15/29
$0.00167/Pv On 12,819.33 Pv Due 1/15/23
3137B84S3
01/17/23 Paid Down 1,011.2 Par Value Of 1,011.20 - 998.56
F H L M C Mltcl Mtg 2.000% 2/15/29
Trade Date 1/15/23
3137B84S3
01/17/23 Amortized Premium On - 36.92
G N M A #779250 3.000% 5/15/27
Fed Basis Decreased By 36.92 USD To 93,017.13 USD
1/15/23
Current Year Amortization
36176XQB8
01/17/23 Paid Down 3,020.18 Par Value Of 3,020.18 - 3,082.68
G N M A #779250 3.000% 5/15/27
For Record Date Of December Due 1/15/23
December GNMA Due 1/15/23
36176XQB8
01/17/23 Interest Earned On 227.83
G N M A #779250 3.000% 5/15/27
December GNMA Due 1/15/23
36176XQB8
01/17/23 Accreted Discount On 12.13
F H L M C Gd G18561 3.000% 7/01/30
Fed Basis Increased By 12.13 USD To 46,457.06 USD
1/17/23
Market Discount
3128MMTT0
01/17/23 Paid Down 1,002.71 Par Value Of 1,002.71 - 992.92
F H L M C Gd G18561 3.000% 7/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMTT0
01/17/23 Interest Earned On 117.29
F H L M C Gd G18561 3.000% 7/01/30
December FHLMC Due 1/15/23
3128MMTT0
00- -M -PF-PC -032-04 02123904 21239
Page 19 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
194
1010101010101010101010110101010011010011101000110011100000001001111101110000011111010000101001011110110001011000001110011001100000010000010010011101110111001111110000000010110111001100111000010011110110000000110101100000101110001000111000111000001110111110010010100010101110111011100011100110001111001001110011011000101110101011010110101100110010101100111011011000100110001000101011111111111111111111
01/17/23 Accreted Discount On 22.93
F H L M C Gd G18569 3.000% 9/01/30
Fed Basis Increased By 22.93 USD To 20,603.66 USD
1/17/23
Market Discount
3128MMT37
01/17/23 Paid Down 398.07 Par Value Of 398.07 - 381.66
F H L M C Gd G18569 3.000% 9/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Interest Earned On 53.72
F H L M C Gd G18569 3.000% 9/01/30
December FHLMC Due 1/15/23
3128MMT37
01/17/23 Amortized Premium On - 45.25
F H L M C Gd G18571 2.500% 10/01/30
Fed Basis Decreased By 45.25 USD To 140,733.20 USD
1/15/23
Current Year Amortization
3128MMT52
01/17/23 Paid Down 2,221.76 Par Value Of 2,221.76 - 2,285.92
F H L M C Gd G18571 2.500% 10/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMT52
01/17/23 Interest Earned On 284.97
F H L M C Gd G18571 2.500% 10/01/30
December FHLMC Due 1/15/23
3128MMT52
01/17/23 Amortized Premium On - 4.13
F H L M C Gd G18586 2.500% 2/01/31
Fed Basis Decreased By 4.13 USD To 11,735.59 USD
1/15/23
Current Year Amortization
3128MMUL5
01/17/23 Paid Down 214.2 Par Value Of 214.20 - 221.01
F H L M C Gd G18586 2.500% 2/01/31
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
3128MMUL5
01/17/23 Interest Earned On 23.70
F H L M C Gd G18586 2.500% 2/01/31
December FHLMC Due 1/15/23
3128MMUL5
01/17/23 Amortized Premium On - 28.12
F H L M C Gd J32243 3.000% 7/01/30
Fed Basis Decreased By 28.12 USD To 59,013.76 USD
1/15/23
Current Year Amortization
31307NP40
00- -M -PF-PC -032-04 02123904 21239
Page 20 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
195
01/17/23 Paid Down 795.89 Par Value Of 795.89 - 829.96
F H L M C Gd J32243 3.000% 7/01/30
For Record Date Of December Due 1/15/23
December FHLMC Due 1/15/23
31307NP40
01/17/23 Interest Earned On 141.48
F H L M C Gd J32243 3.000% 7/01/30
December FHLMC Due 1/15/23
31307NP40
01/17/23 Purchased 45,149.91 Par Value Of - 43,992.95 43,992.95
F N M A #Fm3340 3.500% 5/01/35
Trade Date 1/11/23
Purchased Through First Horizon Bank
Swift External Ref#: 00614900005810B
45,149.91 Par Value At 97.43750888 %
3140X6WA5
01/17/23 Paid Accrued Interest On Purchase Of - 70.23
F N M A #Fm3340 3.500% 5/01/35
Income Debit 70.23- USD
3140X6WA5
01/17/23 Sold 24,327.39 Units Of 24,327.39 - 24,327.39
First Am Govt Ob Fd Cl Y
Trade Date 1/17/23
31846V203
01/18/23 Sold 13,900.24 Units Of 13,900.24 - 13,900.24
First Am Govt Ob Fd Cl Y
Trade Date 1/18/23
31846V203
01/19/23 Purchased 13,900.24 Units Of - 13,900.24 13,900.24
First Am Govt Ob Fd Cl Y
Trade Date 1/19/23
31846V203
01/20/23 Interest Earned On 7.00
G N M A Gtd Remic 3.000% 8/20/40
$0.00250/Pv On 2,801.42 Pv Due 1/20/23
38377QKH9
01/20/23 Amortized Premium On - 0.23
G N M A Gtd Remic 3.000% 8/20/40
Fed Basis Decreased By 0.23 USD To 2,825.65 USD
1/20/23
Current Year Amortization
38377QKH9
01/20/23 Paid Down 122.52 Par Value Of 122.52 - 123.58
G N M A Gtd Remic 3.000% 8/20/40
Trade Date 1/20/23
38377QKH9
01/20/23 Interest Earned On 66.89
G N M A Gtd Remic 1.750% 11/20/42
$0.00146/Pv On 45,869.29 Pv Due 1/20/23
38378FWR7
00- -M -PF-PC -032-04 02123904 21239
Page 21 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
196
1010101010101010101010110101010101010011101000110011100000001001111101110000111111010000101001000010110001010100010101011001100000010001100010011101110101101011110000000011001010101100111001011100010110000000110011010000101110010111010100111000001011011011000010100110001111100011100011101101000111001000010010001000110110100111110000011100110101011111111101011000101001001011001011111111111111111111
01/20/23 Paid Down 550.67 Par Value Of 550.67 - 513.50
G N M A Gtd Remic 1.750% 11/20/42
Trade Date 1/20/23
38378FWR7
01/20/23 Amortized Premium On - 5.01
G N M A Gtd Remic 1.500% 8/20/27
Fed Basis Decreased By 5.01 USD To 27,294.80 USD
1/20/23
Current Year Amortization
38378HAU0
01/20/23 Interest Earned On 33.86
G N M A Gtd Remic 1.500% 8/20/27
$0.00125/Pv On 27,088.48 Pv Due 1/20/23
38378HAU0
01/20/23 Paid Down 799.68 Par Value Of 799.68 - 805.77
G N M A Gtd Remic 1.500% 8/20/27
Trade Date 1/20/23
38378HAU0
01/20/23 Interest Earned On 5.20
G N M A Gtd Remic 1.500% 12/20/40
$0.00125/Pv On 4,158.14 Pv Due 1/20/23
38378JZD7
01/20/23 Paid Down 178.71 Par Value Of 178.71 - 176.48
G N M A Gtd Remic 1.500% 12/20/40
Trade Date 1/20/23
38378JZD7
01/20/23 Amortized Premium On - 1.92
G N M A I I #005276 3.000% 1/20/27
Fed Basis Decreased By 1.92 USD To 9,781.01 USD
1/20/23
Current Year Amortization
36202F2H8
01/20/23 Paid Down 356.73 Par Value Of 356.73 - 359.21
G N M A I I #005276 3.000% 1/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36202F2H8
01/20/23 Interest Earned On 24.28
G N M A I I #005276 3.000% 1/20/27
December GNMA Due 1/20/23
36202F2H8
01/20/23 Amortized Premium On - 3.84
G N M A I I #Ma0909 3.000% 4/20/28
Fed Basis Decreased By 3.84 USD To 42,465.63 USD
1/20/23
Current Year Amortization
36179NAJ7
00- -M -PF-PC -032-04 02123904 21239
Page 22 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
197
01/20/23 Accreted Discount On 11.84
G N M A I I #Ma0909 3.000% 4/20/28
Fed Basis Increased By 11.84 USD To 42,324.34 USD
1/20/23
Market Discount
36179NAJ7
01/20/23 Paid Down 899.06 Par Value Of 899.06 - 896.14
G N M A I I #Ma0909 3.000% 4/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Interest Earned On 106.54
G N M A I I #Ma0909 3.000% 4/20/28
December GNMA Due 1/20/23
36179NAJ7
01/20/23 Amortized Premium On - 5.19
G N M A I I #005300 3.000% 2/20/27
Fed Basis Decreased By 5.19 USD To 11,262.16 USD
1/20/23
Current Year Amortization
36202F3H7
01/20/23 Paid Down 426.44 Par Value Of 426.44 - 433.59
G N M A I I #005300 3.000% 2/20/27
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36202F3H7
01/20/23 Interest Earned On 27.69
G N M A I I #005300 3.000% 2/20/27
December GNMA Due 1/20/23
36202F3H7
01/20/23 Amortized Premium On - 18.40
G N M A I I #Ma1134 3.000% 7/20/28
Fed Basis Decreased By 18.40 USD To 51,450.34 USD
1/20/23
Current Year Amortization
36179NHK7
01/20/23 Paid Down 1,336.58 Par Value Of 1,336.58 - 1,358.96
G N M A I I #Ma1134 3.000% 7/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NHK7
01/20/23 Interest Earned On 126.51
G N M A I I #Ma1134 3.000% 7/20/28
December GNMA Due 1/20/23
36179NHK7
01/20/23 Amortized Premium On - 7.05
G N M A II #Ma1202 2.500% 8/20/28
Fed Basis Decreased By 7.05 USD To 15,143.35 USD
1/20/23
Current Year Amortization
36179NKP2
00- -M -PF-PC -032-04 02123904 21239
Page 23 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
198
1010101010101010101010110101010100010011101000110011100000001001111101110001011111010000101001001110110001010000010110011001100000010010010010011101110010011111110000000010010111101100111000101111010110000000110111000000101110011001000000111000001100000101000010100100000010010011100010111000100100001000010110010001011110101010110111000100110010110110101111011000101001001000101011111111111111111111
01/20/23 Paid Down 405.57 Par Value Of 405.57 - 414.70
G N M A II #Ma1202 2.500% 8/20/28
For Record Date Of December Due 1/20/23
December GNMA Due 1/20/23
36179NKP2
01/20/23 Interest Earned On 30.85
G N M A II #Ma1202 2.500% 8/20/28
December GNMA Due 1/20/23
36179NKP2
01/20/23 Cash Disbursement - 159.73
Transfer To Principal
Income Earnings
01/20/23 Cash Receipt 159.73
Transfer From Income
Income Earnings
01/20/23 Purchased 5,504.78 Units Of - 5,504.78 5,504.78
First Am Govt Ob Fd Cl Y
Trade Date 1/20/23
31846V203
01/23/23 Purchased 13,832.22 Units Of - 13,832.22 13,832.22
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/23/23 Interest Earned On 3,138.75
F H L M C M T N 4.050% 7/21/25
0.02025 USD/$1 Pv On 155,000 Par Value Due 1/21/23
3134GXG24
01/23/23 Cash Disbursement - 3,138.75
Transfer To Principal
Income Earnings
01/23/23 Cash Receipt 3,138.75
Transfer From Income
Income Earnings
01/23/23 Purchased 3,138.75 Units Of - 3,138.75 3,138.75
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/24/23 Purchased 13,832.22 Units Of - 13,832.22 13,832.22
First Am Govt Ob Fd Cl Y
Trade Date 1/24/23
31846V203
01/24/23 Sold 13,832.22 Units Of 13,832.22 - 13,832.22
First Am Govt Ob Fd Cl Y
Trade Date 1/23/23
31846V203
01/25/23 Interest Earned On 446.92
F N M A #Bl1359 3.460% 1/01/26
Int Due 01/25/23
3140HSQM6
00- -M -PF-PC -032-04 02123904 21239
Page 24 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
199
01/25/23 Amortized Premium On - 22.21
F N M A #Bl1359 3.460% 1/01/26
Fed Basis Decreased By 22.21 USD To 150,992.02 USD
1/25/23
Current Year Amortization
3140HSQM6
01/25/23 Amortized Premium On - 33.45
F H L M C #Zs7403 3.000% 5/01/31
Fed Basis Decreased By 33.45 USD To 45,165.15 USD
1/25/23
Current Year Amortization
3132A8GL7
01/25/23 Paid Down 725.07 Par Value Of 725.07 - 754.94
F H L M C #Zs7403 3.000% 5/01/31
P & I Due 01/25/23
3132A8GL7
01/25/23 Interest Earned On 108.45
F H L M C #Zs7403 3.000% 5/01/31
P & I Due 01/25/23
3132A8GL7
01/25/23 Accreted Discount On 74.69
F N M A #An1613 2.550% 7/01/26
Fed Basis Increased By 74.69 USD To 149,526.23 USD
1/25/23
Market Discount
3138LDYK3
01/25/23 Paid Down 319.79 Par Value Of 319.79 - 313.46
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Interest Earned On 334.96
F N M A #An1613 2.550% 7/01/26
P & I Due 01/25/23
3138LDYK3
01/25/23 Interest Earned On 97.10
F H L M C Mltcl Mtg 3.329% 5/25/25
0.002774 USD/$1 Pv On 35,000 Par Value Due 1/25/23
3137BKRJ1
01/25/23 Interest Earned On 97.65
F H L M C Mltcl Mt 3.30433% 2/25/23
$0.00275/Pv On 35,461.76 Pv Due 1/25/23
3137B36J2
01/25/23 Amortized Premium On - 15.53
F H L M C Mltcl Mt 3.30433% 2/25/23
Fed Basis Decreased By 15.53 USD To 35,481.83 USD
1/25/23
Current Year Amortization
3137B36J2
01/25/23 Paid Down 31,287.44 Par Value Of 31,287.44 - 31,305.15
F H L M C Mltcl Mt 3.30433% 2/25/23
Trade Date 1/25/23
3137B36J2
00- -M -PF-PC -032-04 02123904 21239
Page 25 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
200
1010101010101010101010110101010011010011101000110011100000001001111101110001111111010000101001000010110001001100011101011001100000010001000010011101110101000111110000000010101101101100111000110111010110000000101110100000101110010001100110111000001100011110010010100101011110011111100011010110101011001000111100100100000110100110011010111000110111000110111111011000100011001000101011111111111111111111
01/25/23 Interest Earned On 607.84
F H L M C Mltcl Mt 3.490% 1/25/24
$0.00291/Pv On 209,000.00 Pv Due 1/25/23
3137B7YY9
01/25/23 Amortized Premium On - 375.58
F H L M C Mltcl Mt 3.490% 1/25/24
Fed Basis Decreased By 375.58 USD To 214,711.95 USD
1/25/23
Current Year Amortization
3137B7YY9
01/25/23 Interest Earned On 481.69
F H L M C Mltcl Mtg 3.303% 7/25/24
$0.00275/Pv On 175,000.00 Pv Due 1/25/23
3137BDCW4
01/25/23 Amortized Premium On - 288.70
F H L M C Mltcl Mtg 3.303% 7/25/24
Fed Basis Decreased By 288.70 USD To 181,579.91 USD
1/25/23
Current Year Amortization
3137BDCW4
01/25/23 Interest Earned On 29.49
F H L M C Mltcl Mtg 2.720% 8/25/24
$0.00227/Pv On 13,008.44 Pv Due 1/25/23
3137BFE80
01/25/23 Amortized Premium On - 9.22
F H L M C Mltcl Mtg 2.720% 8/25/24
Fed Basis Decreased By 9.22 USD To 13,230.54 USD
1/25/23
Current Year Amortization
3137BFE80
01/25/23 Paid Down 1,720.92 Par Value Of 1,720.92 - 1,750.30
F H L M C Mltcl Mtg 2.720% 8/25/24
Trade Date 1/25/23
3137BFE80
01/25/23 Interest Earned On 346.25
F H L M C Mltcl Mt 2.76996% 5/25/25
$0.00231/Pv On 150,000.00 Pv Due 1/25/23
3137BJQ71
01/25/23 Amortized Premium On - 186.69
F H L M C Mltcl Mt 2.76996% 5/25/25
Fed Basis Decreased By 186.69 USD To 156,619.99 USD
1/25/23
Current Year Amortization
3137BJQ71
01/25/23 Amortized Premium On - 103.42
F H L M C Mltcl Mtg 2.802% 1/25/25
Fed Basis Decreased By 103.42 USD To 125,193.62 USD
1/25/23
Current Year Amortization
3137BLW87
00- -M -PF-PC -032-04 02123904 21239
Page 26 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
201
01/25/23 Interest Earned On 284.98
F H L M C Mltcl Mtg 2.802% 1/25/25
$0.00233/Pv On 122,043.88 Pv Due 1/25/23
3137BLW87
01/25/23 Paid Down 4,126.52 Par Value Of 4,126.52 - 4,233.02
F H L M C Mltcl Mtg 2.802% 1/25/25
Trade Date 1/25/23
3137BLW87
01/25/23 Interest Earned On 328.23
F H L M C Mltcl Mt 3.151% 11/25/25
$0.00263/Pv On 125,000.00 Pv Due 1/25/23
3137BMTX4
01/25/23 Interest Earned On 425.83
F H L M C Mltcl Mtg 2.920% 1/25/26
$0.00243/Pv On 175,000.00 Pv Due 1/25/23
3137F4CZ3
01/25/23 Interest Earned On 444.51
F H L M C Mltcl Mtg 3.600% 2/25/25
$0.00300/Pv On 148,171.34 Pv Due 1/25/23
3137F4WZ1
01/25/23 Amortized Premium On - 24.53
F H L M C Mltcl Mtg 3.600% 2/25/25
Fed Basis Decreased By 24.53 USD To 148,950.17 USD
1/25/23
Current Year Amortization
3137F4WZ1
01/25/23 Paid Down 229.53 Par Value Of 229.53 - 230.74
F H L M C Mltcl Mtg 3.600% 2/25/25
Trade Date 1/25/23
3137F4WZ1
01/25/23 Par Value Of G N M A II #Ma1202 2.5% 8/20/28
Adjusted By 0.01 Par Value
Old Par Value 14,404.38/New Par Value 14,404.39
36179NKP2
01/25/23 Purchased 56,275.39 Units Of - 56,275.39 56,275.39
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Interest Earned On 34.00
F H L M C Gtd Remic 1.000% 9/25/33
$0.00083/Pv On 40,803.47 Pv Due 1/25/23
3133Q5GZ3
01/25/23 Amortized Premium On - 6.98
F H L M C Gtd Remic 1.000% 9/25/33
Fed Basis Decreased By 6.98 USD To 41,104.91 USD
1/25/23
Current Year Amortization
3133Q5GZ3
00- -M -PF-PC -032-04 02123904 21239
Page 27 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
202
1010101010101010101010110101010010010011101000110011100000001001111101110000011111010000101001001110110001001000011110011001100000010010110010011101110010110011110000000011110000101100111001000100010110000000101010110000101110011111110010111000001011000000010010100111010011101111100010000011001000001000111000111101101110101011011101100000110000101111101101011000100011001011001011111111111111111111
01/25/23 Paid Down 917.53 Par Value Of 917.53 - 924.31
F H L M C Gtd Remic 1.000% 9/25/33
Trade Date 1/25/23
3133Q5GZ3
01/25/23 Amortized Premium On - 0.43
F N M A Gtd Remic 3.000% 7/25/41
Fed Basis Decreased By 0.43 USD To 20,154.93 USD
1/25/23
Current Year Amortization
3136A7D25
01/25/23 Interest Earned On 50.72
F N M A Gtd Remic 3.000% 7/25/41
$0.00250/Pv On 20,287.31 Pv Due 1/25/23
3136A7D25
01/25/23 Paid Down 942.27 Par Value Of 942.27 - 934.69
F N M A Gtd Remic 3.000% 7/25/41
Trade Date 1/25/23
3136A7D25
01/25/23 Interest Earned On 12.43
F N M A Gtd Remic 1.500% 9/25/27
$0.00125/Pv On 9,940.66 Pv Due 1/25/23
3136A8SX9
01/25/23 Amortized Premium On - 2.63
F N M A Gtd Remic 1.500% 9/25/27
Fed Basis Decreased By 2.63 USD To 10,027.89 USD
1/25/23
Current Year Amortization
3136A8SX9
01/25/23 Paid Down 273.47 Par Value Of 273.47 - 275.87
F N M A Gtd Remic 1.500% 9/25/27
Trade Date 1/25/23
3136A8SX9
01/25/23 Interest Earned On 18.97
F N M A Gtd Remic 2.000% 11/25/42
$0.00167/Pv On 11,383.91 Pv Due 1/25/23
3136ABNZ2
01/25/23 Amortized Premium On - 1.48
F N M A Gtd Remic 2.000% 11/25/42
Fed Basis Decreased By 1.48 USD To 11,544.95 USD
1/25/23
Current Year Amortization
3136ABNZ2
01/25/23 Paid Down 211.96 Par Value Of 211.96 - 214.96
F N M A Gtd Remic 2.000% 11/25/42
Trade Date 1/25/23
3136ABNZ2
01/25/23 Interest Earned On 20.51
F N M A Gtd Remic 2.592% 3/25/23
$0.00216/Pv On 9,486.55 Pv Due 1/25/23
3136AC7J4
00- -M -PF-PC -032-04 02123904 21239
Page 28 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
203
01/25/23 Paid Down 1,115.98 Par Value Of 1,115.98 - 1,097.62
F N M A Gtd Remic 2.592% 3/25/23
Trade Date 1/25/23
3136AC7J4
01/25/23 Amortized Premium On - 4.43
F N M A Gtd Remic 1.250% 4/25/28
Fed Basis Decreased By 4.43 USD To 27,230.43 USD
1/25/23
Current Year Amortization
3136ADZA0
01/25/23 Interest Earned On 28.19
F N M A Gtd Remic 1.250% 4/25/28
$0.00104/Pv On 27,068.14 Pv Due 1/25/23
3136ADZA0
01/25/23 Paid Down 632.38 Par Value Of 632.38 - 636.17
F N M A Gtd Remic 1.250% 4/25/28
Trade Date 1/25/23
3136ADZA0
01/25/23 Interest Earned On 17.26
F N M A Gtd Remic 1.750% 7/25/28
$0.00146/Pv On 11,835.61 Pv Due 1/25/23
3136AEY84
01/25/23 Amortized Premium On - 3.17
F N M A Gtd Remic 1.750% 7/25/28
Fed Basis Decreased By 3.17 USD To 11,957.30 USD
1/25/23
Current Year Amortization
3136AEY84
01/25/23 Paid Down 341.08 Par Value Of 341.08 - 344.59
F N M A Gtd Remic 1.750% 7/25/28
Trade Date 1/25/23
3136AEY84
01/25/23 Interest Earned On 64.66
F N M A Gtd Remic 2.000% 11/25/31
$0.00167/Pv On 38,797.79 Pv Due 1/25/23
3136AQZK9
01/25/23 Amortized Premium On - 13.10
F N M A Gtd Remic 2.000% 11/25/31
Fed Basis Decreased By 13.10 USD To 39,540.71 USD
1/25/23
Current Year Amortization
3136AQZK9
01/25/23 Paid Down 915.69 Par Value Of 915.69 - 933.22
F N M A Gtd Remic 2.000% 11/25/31
Trade Date 1/25/23
3136AQZK9
01/25/23 Interest Earned On 113.38
F N M A Gtd Remic 2.553% 12/25/26
$0.00213/Pv On 53,277.56 Pv Due 1/25/23
3136AVY52
00- -M -PF-PC -032-04 02123904 21239
Page 29 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
204
1010101010101010101010110101010001010011101000110011100000001001111101110000111111010000101001001110110001000100011110011001100000010110100010011101110010100101110000000011000001001100111001100011110110000000110110101000101110001000001110111000001010100011010010100011010111001011100011111101111100001000110100111011110110111001011000010010110001010111001001011000100011001011101011111111111111111111
01/25/23 Paid Down 58.12 Par Value Of 58.12 - 55.86
F N M A Gtd Remic 2.553% 12/25/26
Trade Date 1/25/23
3136AVY52
01/25/23 Interest Earned On 103.17
F N M A Gtd Remic 3.000% 10/25/37
$0.00250/Pv On 41,267.18 Pv Due 1/25/23
3136AYEV1
01/25/23 Paid Down 2,540.01 Par Value Of 2,540.01 - 2,530.09
F N M A Gtd Remic 3.000% 10/25/37
Trade Date 1/25/23
3136AYEV1
01/25/23 Interest Earned On 26.16
F N M A Gtd Remic 5.500% 4/25/23
$0.00458/Pv On 5,708.62 Pv Due 1/25/23
31392J6N4
01/25/23 Amortized Premium On - 0.39
F N M A Gtd Remic 5.500% 4/25/23
Fed Basis Decreased By 0.39 USD To 5,709.64 USD
1/25/23
Current Year Amortization
31392J6N4
01/25/23 Paid Down 2,769.76 Par Value Of 2,769.76 - 2,770.25
F N M A Gtd Remic 5.500% 4/25/23
Trade Date 1/25/23
31392J6N4
01/25/23 Amortized Premium On - 48.45
F H L M C #Zt1963 3.500% 11/01/30
Fed Basis Decreased By 48.45 USD To 57,470.29 USD
1/25/23
Current Year Amortization
3132AEFC5
01/25/23 Paid Down 1,255.9 Par Value Of 1,255.90 - 1,307.33
F H L M C #Zt1963 3.500% 11/01/30
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEFC5
01/25/23 Interest Earned On 161.03
F H L M C #Zt1963 3.500% 11/01/30
December FHLMC Due 1/25/23
3132AEFC5
01/25/23 Amortized Premium On - 29.25
F H L M C #Zt1989 3.500% 1/01/33
Fed Basis Decreased By 29.25 USD To 30,499.14 USD
1/25/23
Current Year Amortization
3132AEF68
01/25/23 Paid Down 496.41 Par Value Of 496.41 - 524.49
F H L M C #Zt1989 3.500% 1/01/33
For Record Date Of December Due 1/25/23
December FHLMC Due 1/25/23
3132AEF68
00- -M -PF-PC -032-04 02123904 21239
Page 30 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
205
01/25/23 Interest Earned On 84.19
F H L M C #Zt1989 3.500% 1/01/33
December FHLMC Due 1/25/23
3132AEF68
01/25/23 Paid Down 37.22 Par Value Of 37.22 - 37.22
F N M A #Bm1757 2.536% 4/01/23
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Interest Earned On 34.87
F N M A #Bm1757 2.536% 4/01/23
December FNMA Due 1/25/23
3140J55T2
01/25/23 Amortized Premium On - 23.69
F N M A #Al8561 3.500% 6/01/31
Fed Basis Decreased By 23.69 USD To 25,102.10 USD
1/25/23
Current Year Amortization
3138ETQP4
01/25/23 Paid Down 505.94 Par Value Of 505.94 - 530.49
F N M A #Al8561 3.500% 6/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138ETQP4
01/25/23 Interest Earned On 69.83
F N M A #Al8561 3.500% 6/01/31
December FNMA Due 1/25/23
3138ETQP4
01/25/23 Amortized Premium On - 15.70
F N M A #Ma2803 2.500% 11/01/31
Fed Basis Decreased By 15.70 USD To 28,416.63 USD
1/25/23
Current Year Amortization
31418CDH4
01/25/23 Paid Down 439.4 Par Value Of 439.40 - 453.33
F N M A #Ma2803 2.500% 11/01/31
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418CDH4
01/25/23 Interest Earned On 57.38
F N M A #Ma2803 2.500% 11/01/31
December FNMA Due 1/25/23
31418CDH4
01/25/23 Amortized Premium On - 85.71
F N M A #As4860 2.500% 5/01/30
Fed Basis Decreased By 85.71 USD To 143,834.05 USD
1/25/23
Current Year Amortization
3138WEMJ5
00- -M -PF-PC -032-04 02123904 21239
Page 31 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
206
1010101010101010101010110101010000010011101000110011100000001001111101110001011111010000101001000010110001000000011101011001100000010101010010011101110101010001110000000010011100001100111000010000110110000000110010111000101110000110011010111000001101111101010010100001011010111011100010101000011111001000110000100010011110110100011111001010110110111110011011011000100011001000001011111111111111111111
01/25/23 Paid Down 2,650.32 Par Value Of 2,650.32 - 2,727.32
F N M A #As4860 2.500% 5/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138WEMJ5
01/25/23 Interest Earned On 291.19
F N M A #As4860 2.500% 5/01/30
December FNMA Due 1/25/23
3138WEMJ5
01/25/23 Amortized Premium On - 105.66
F N M A #Al7688 3.500% 11/01/30
Fed Basis Decreased By 105.66 USD To 126,247.95 USD
1/25/23
Current Year Amortization
3138EQRJ3
01/25/23 Paid Down 2,127.16 Par Value Of 2,127.16 - 2,217.56
F N M A #Al7688 3.500% 11/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3138EQRJ3
01/25/23 Interest Earned On 353.21
F N M A #Al7688 3.500% 11/01/30
December FNMA Due 1/25/23
3138EQRJ3
01/25/23 Amortized Premium On - 12.86
F N M A #Bm3956 3.000% 12/01/32
Fed Basis Decreased By 12.86 USD To 19,398.07 USD
1/25/23
Current Year Amortization
3140J8ME0
01/25/23 Paid Down 298.13 Par Value Of 298.13 - 310.63
F N M A #Bm3956 3.000% 12/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140J8ME0
01/25/23 Interest Earned On 46.54
F N M A #Bm3956 3.000% 12/01/32
December FNMA Due 1/25/23
3140J8ME0
01/25/23 Amortized Premium On - 75.98
F N M A #Fm1155 2.500% 6/01/32
Fed Basis Decreased By 75.98 USD To 136,162.29 USD
1/25/23
Current Year Amortization
3140X4H90
01/25/23 Paid Down 2,097.15 Par Value Of 2,097.15 - 2,168.49
F N M A #Fm1155 2.500% 6/01/32
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X4H90
00- -M -PF-PC -032-04 02123904 21239
Page 32 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
207
01/25/23 Interest Earned On 274.34
F N M A #Fm1155 2.500% 6/01/32
December FNMA Due 1/25/23
3140X4H90
01/25/23 Amortized Premium On - 32.60
F N M A #Ma4112 3.000% 8/01/35
Fed Basis Decreased By 32.60 USD To 56,017.15 USD
1/25/23
Current Year Amortization
31418DSA1
01/25/23 Paid Down 593.56 Par Value Of 593.56 - 614.05
F N M A #Ma4112 3.000% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DSA1
01/25/23 Interest Earned On 135.37
F N M A #Ma4112 3.000% 8/01/35
December FNMA Due 1/25/23
31418DSA1
01/25/23 Amortized Premium On - 36.39
F N M A #Fm3936 2.500% 8/01/35
Fed Basis Decreased By 36.39 USD To 73,820.29 USD
1/25/23
Current Year Amortization
3140X7LS6
01/25/23 Paid Down 1,440.79 Par Value Of 1,440.79 - 1,493.21
F N M A #Fm3936 2.500% 8/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X7LS6
01/25/23 Interest Earned On 148.39
F N M A #Fm3936 2.500% 8/01/35
December FNMA Due 1/25/23
3140X7LS6
01/25/23 Amortized Premium On - 69.12
F N M A #Ma4226 2.000% 12/01/30
Fed Basis Decreased By 69.12 USD To 159,872.10 USD
1/25/23
Current Year Amortization
31418DVU3
01/25/23 Paid Down 2,313.06 Par Value Of 2,313.06 - 2,366.70
F N M A #Ma4226 2.000% 12/01/30
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418DVU3
01/25/23 Interest Earned On 260.41
F N M A #Ma4226 2.000% 12/01/30
December FNMA Due 1/25/23
31418DVU3
00- -M -PF-PC -032-04 02123904 21239
Page 33 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
208
1010101010101010101010110101010111010011101000110011100000001001111101110000011111010000011001000010110001011100000110011001100000010011010010011101110011010111110000000011001101101100111001100010110110000000101000000000101110001100100000111000001100101100000010100111100011001011100011001100111001001001110101011100000110100001101110001000110010110110000101011000100100111011101011111111111111111111
01/25/23 Amortized Premium On - 40.78
F N M A #Fm6017 3.000% 2/01/35
Fed Basis Decreased By 40.78 USD To 61,228.04 USD
1/25/23
Current Year Amortization
3140X9VK8
01/25/23 Paid Down 1,090.77 Par Value Of 1,090.77 - 1,143.95
F N M A #Fm6017 3.000% 2/01/35
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
3140X9VK8
01/25/23 Interest Earned On 145.95
F N M A #Fm6017 3.000% 2/01/35
December FNMA Due 1/25/23
3140X9VK8
01/25/23 Amortized Premium On - 78.42
F N M A #Ma4497 2.000% 11/01/36
Fed Basis Decreased By 78.42 USD To 371,835.08 USD
1/25/23
Current Year Amortization
31418D7K2
01/25/23 Paid Down 3,026 Par Value Of 3,026.00 - 3,080.49
F N M A #Ma4497 2.000% 11/01/36
For Record Date Of December Due 1/25/23
December FNMA Due 1/25/23
31418D7K2
01/25/23 Interest Earned On 608.76
F N M A #Ma4497 2.000% 11/01/36
December FNMA Due 1/25/23
31418D7K2
01/25/23 Cash Disbursement - 3,160.91
Transfer To Principal
Income Earnings
01/25/23 Cash Receipt 3,160.91
Transfer From Income
Income Earnings
01/25/23 Purchased 18,418.75 Units Of - 18,418.75 18,418.75
First Am Govt Ob Fd Cl Y
Trade Date 1/25/23
31846V203
01/25/23 Amortized Premium On - 1.08
G N M A II #Ma1202 2.500% 8/20/28
Fed Basis Decreased By 1.08 USD To 14,727.57 USD
1/23/23
Current Year Amortization
36179NKP2
00- -M -PF-PC -032-04 02123904 21239
Page 34 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
209
01/25/23 Sold 14,404.39 Par Value Of 13,810.21 - 14,727.57
G N M A II #Ma1202 2.500% 8/20/28
Trade Date 1/18/23
Sold Through Stonex Financial Inc./Bd Rates
Swift External Ref#: 00614900005820B
14,404.39 Par Value At 95.87501021 %
36179NKP2
01/25/23 Received Accrued Interest On Sale Of 22.01
G N M A II #Ma1202 2.500% 8/20/28
Income Credit 22.01 USD
36179NKP2
01/26/23 Cash Disbursement - 4,055.91
Transfer To Principal
Income Earnings
01/26/23 Cash Receipt 4,055.91
Transfer From Income
Income Earnings
00- -M -PF-PC -032-04 02123904 21239
Page 35 of 56
RIVERSIDE COUNTY TRANSPORTATION
COMMISSION, TOLL REVENUE BONDS
2017 SENIOR LIEN TIFIA SERIES
(I-15 EXPRESS LANES PROJECT)
RAMP UP ACCOUNT
Date Income Principal Tax
Posted Description Cash Cash Cost
Ending Balance 01/31/2023 $0.00 $0.00 $15,782,045.25
0313237-00-01445-04
This statement is for the period from
January 1, 2023 to January 31, 2023
ACCOUNT NUMBER: 240907020
TRANSACTION DETAIL (continued)
210
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER: 001050990415 January 1, 2023 to January 31, 2023
Page 5 of 33
Cash/Money Market
Total Cash/Money Market
US Government Issues
ASSET DETAIL
Cash & Equivalents
Total Cash & Equivalents
Taxable Bonds
First American Government - 31846V203
Oblig Fd Cl Y
#3763
162,601.710 1.0000 162,601.71 162,601.71 0.00 0.3 6,234.92 3.83
Principal Cash -5,944,672.52 -5,944,672.52 -11.0
Income Cash 5,944,672.52 5,944,672.52 11.0
F H L M C Multiclass Mtg Partn - 3137B36J2
C M O Ser K029 Cl A2
3.320 02/25/2023
37,805.280 99.6550 37,674.85 37,846.52 -171.67 0.1 1,249.21 3.32
U S Treasury Note - 91282CBU4
0.125 03/31/2023
625,000.000 99.2860 620,537.50 624,682.62 -4,145.12 1.1 781.25 0.13
Total Cash
$162,601.71 $162,601.71 $0.00 0.3 $6,234.92
$0.00 $0.00 $0.00 0.0 $0.00
$162,601.71 $162,601.71 $0.00 0.3 $6,234.92
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Cash
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
Commission Managed Portfolio - US Bank Payden and Rygel Operating
ATTACHMENT 4
211
1010101010101010101010110110110010011011101001010010100000101001000101100001010110011010101001011010100101101000001000011011101100010111010010010101110010110001110001000010110100101100111000111000010110000000100001110000101010000101100110111000001100000100110010100001101011000011100011111100001010001001111110000000010110101100011100101110110000100100110011011000100011011001001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 6 of 33
ASSET DETAIL (continued)
F H L M C Multiclass Mtg Partn -3137B4GY6
C M O Ser K032 Cl A2
05/25/2023 Var
502,647.530 99.2830 499,043.55 507,330.80 -8,287.25 0.9 16,637.63 3.33
F H L M C Multiclass Mtg Partn -3137B4WB8
C M O Ser K033 Cl A2
3.060 07/25/2023
490,000.000 99.1020 485,599.80 493,545.53 -7,945.73 0.9 14,994.00 3.09
U S Treasury Note -91282CCU3
0.125 08/31/2023
10,000.000 97.3790 9,737.90 9,974.61 -236.71 0.0 12.50 0.13
U S Treasury Note -91282CBA8
0.125 12/15/2023
3,205,000.000 96.0740 3,079,171.70 3,196,111.13 -116,939.43 5.7 4,006.25 0.13
U S Treasury Note -91282CBE0
0.125 01/15/2024
4,775,000.000 95.7230 4,570,773.25 4,767,166.02 -196,392.77 8.4 5,968.75 0.13
U S Treasury Note -91282CDV0
0.875 01/31/2024
1,425,000.000 96.2340 1,371,334.50 1,416,526.56 -45,192.06 2.5 12,468.75 0.91
U S Treasury Note -91282CEA5
1.500 02/29/2024
550,000.000 96.6250 531,437.50 548,173.83 -16,736.33 1.0 8,250.00 1.55
U S Treasury Note -91282CEG2
2.250 03/31/2024
870,000.000 97.2460 846,040.20 868,776.56 -22,736.36 1.6 19,575.00 2.31
U S Treasury Note -91282CCC3
0.250 05/15/2024
980,000.000 94.5740 926,825.20 978,698.44 -51,873.24 1.7 2,450.00 0.26
U S Treasury Note -91282CCG4
0.250 06/15/2024
280,000.000 94.3200 264,096.00 278,359.38 -14,263.38 0.5 700.00 0.26
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
212
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 7 of 33
ASSET DETAIL (continued)
F N M A Gtd R E M I C Pass Thru -3136AKQM8
C M O Ser 2014 M8 Cl A2
3.056 06/25/2024
194,470.740 97.3130 189,245.31 199,632.25 -10,386.94 0.3 5,943.03 3.14
Federal Home Loan Bks -3130ASME6
3.000 07/08/2024
730,000.000 98.3230 717,757.90 728,583.80 -10,825.90 1.3 21,900.00 3.05
U S Treasury Note -91282CCL3
0.375 07/15/2024
3,855,000.000 94.2380 3,632,874.90 3,854,611.90 -221,737.00 6.7 14,456.25 0.40
F H L M C Multiclass Mtg Partn -3137FYUR5
C M O Ser Q 015 Cl A
08/26/2024 Var
85,746.430 99.6690 85,462.61 85,746.43 -283.82 0.2 3,547.68 4.15
U S Treasury Note -91282CFG1
3.250 08/31/2024
625,000.000 98.1990 613,743.75 623,328.91 -9,585.16 1.1 20,312.50 3.31
U S Treasury Note -91282CCX7
0.375 09/15/2024
985,000.000 93.7810 923,742.85 979,985.93 -56,243.08 1.7 3,693.75 0.40
Federal Home Loan Bks -3130ATT31
4.500 10/03/2024
800,000.000 100.2160 801,728.00 799,128.00 2,600.00 1.5 36,000.00 4.49
U S Treasury Note -91282CDB4
0.625 10/15/2024
115,000.000 93.9450 108,036.75 114,582.23 -6,545.48 0.2 718.75 0.66
U S Treasury Note -91282CDH1
0.750 11/15/2024
420,000.000 93.9020 394,388.40 419,606.25 -25,217.85 0.7 3,150.00 0.80
F H L M C M T N -3134GXDZ4
0.450 11/25/2024
300,000.000 93.0340 279,102.00 300,000.00 -20,898.00 0.5 1,350.00 0.48
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
213
1010101010101010101010110110110001011011101001010010100000101001000101100001110110011010101001011010100101100100001000011011101100010011000010010101110010100111110001000010000101001100111000011111110110000000111101101000101010010010011010111000001101100111110010100101101111100111100010000010111110001001110010000110001110111110011001011100110001011100010111011000100011011001101011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 8 of 33
ASSET DETAIL (continued)
Federal Home Loan Bks -3130AU2C7
5.300 12/06/2024
420,000.000 99.7770 419,063.40 420,000.00 -936.60 0.8 22,260.00 5.31
U S Treasury Note -91282CDN8
1.000 12/15/2024
610,000.000 94.1840 574,522.40 610,569.29 -36,046.89 1.1 6,100.00 1.06
F H L M C M T N -3134GYDT6
5.150 01/24/2025
440,000.000 100.1590 440,699.60 440,000.00 699.60 0.8 22,660.00 5.14
F H L M C -3134GYFG2
5.125 01/27/2025
400,000.000 100.0380 400,152.00 400,000.00 152.00 0.7 20,500.00 5.12
F H L M C M T N -3134GXS88
4.000 02/28/2025
340,000.000 98.5550 335,087.00 340,000.00 -4,913.00 0.6 13,600.00 4.06
U S Treasury Note -91282CEQ0
2.750 05/15/2025
1,570,000.000 97.1290 1,524,925.30 1,569,955.01 -45,029.71 2.8 43,175.00 2.83
U S Treasury Note -91282CEU1
2.875 06/15/2025
475,000.000 97.4060 462,678.50 473,181.64 -10,503.14 0.9 13,656.25 2.95
U S Treasury Note -91282CEY3
3.000 07/15/2025
2,195,000.000 97.6410 2,143,219.95 2,205,604.57 -62,384.62 3.9 65,850.00 3.07
U S Treasury Note -91282CFE6
3.125 08/15/2025
1,640,000.000 97.9260 1,605,986.40 1,623,223.83 -17,237.43 3.0 51,250.00 3.19
Federal Home Loan Bks M T N -3134GXS47
4.200 08/28/2025
340,000.000 98.7010 335,583.40 340,000.00 -4,416.60 0.6 14,280.00 4.25
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
214
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 9 of 33
ASSET DETAIL (continued)
Federal Home Loan Bks -3134GXR63
4.050 08/28/2025
340,000.000 98.4740 334,811.60 340,000.00 -5,188.40 0.6 13,770.00 4.11
U S Treasury Note -91282CFK2
3.500 09/15/2025
1,212,000.000 98.8790 1,198,413.48 1,196,586.80 1,826.68 2.2 42,420.00 3.54
F H L M C M T N -3134GX3A0
4.750 09/30/2025
370,000.000 99.2890 367,369.30 370,000.00 -2,630.70 0.7 17,575.00 4.78
U S Treasury Note -91282CFP1
4.250 10/15/2025
1,280,000.000 100.7620 1,289,753.60 1,276,800.00 12,953.60 2.4 54,400.00 4.22
U S Treasury Note -91282CFW6
4.500 11/15/2025
1,365,000.000 101.4920 1,385,365.80 1,378,345.31 7,020.49 2.6 61,425.00 4.43
U S Treasury Note -91282CGA3
4.000 12/15/2025
2,545,000.000 100.3050 2,552,762.25 2,528,497.27 24,264.98 4.7 101,800.00 3.99
U S Treasury Note -91282CGE5
3.875 01/15/2026
953,000.000 99.9920 952,923.76 952,311.31 612.45 1.8 36,928.75 3.88
F H L M C M T N -3134GYEA6
5.300 01/27/2026
270,000.000 100.0700 270,189.00 270,000.00 189.00 0.5 14,310.00 5.30
Federal Home Loan Bks -3130AKXQ4
0.600 02/12/2026
560,000.000 89.7650 502,684.00 559,608.00 -56,924.00 0.9 3,360.00 0.67
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
215
1010101010101010101010110110110000011011101001010010100000101001000101100000010110011010101001010110100101100000001011011011101100010000110010010101110101010011110001000011011000001100111001101100110110000000111001111000101010011100001110111000001010111001110010100111100010010111100011010111011101001001110110011111100110110011011110000100110110110101000101011000100011011010001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 10 of 33
Total US Government Issues
Corporate Issues
ASSET DETAIL (continued)
U S Treasury Note -91282CFB2
2.750 07/31/2027
680,000.000 96.2620 654,581.60 677,450.00 -22,868.40 1.2 18,700.00 2.86
Apple Inc -037833DV9
0.750 05/11/2023
195,000.000 98.9120 192,878.40 194,469.60 -1,591.20 0.4 1,462.50 0.76
Amazon Com Inc Sr Nt -023135BP0
0.400 06/03/2023
270,000.000 98.6620 266,387.40 269,622.00 -3,234.60 0.5 1,080.00 0.40
Chevron USA Inc -166756AJ5
0.426 08/11/2023
115,000.000 98.0670 112,777.05 115,000.00 -2,222.95 0.2 489.90 0.43
Florida Pwr Lt Co -341081GH4
01/12/2024 Var
285,000.000 99.7710 284,347.35 285,000.00 -652.65 0.5 7,549.42 2.65
US Bancorp -91159HHG8
Medium Term Note
3.700 01/30/2024
550,000.000 98.9140 544,027.00 563,989.61 -19,962.61 1.0 20,350.00 3.74
Unitedhealth Group Inc -91324PDM1
3.500 02/15/2024
550,000.000 98.7460 543,103.00 568,208.44 -25,105.44 1.0 19,250.00 3.54
Jpmorgan Chase Co -46647PBZ8
0.697 03/16/2024
565,000.000 99.4170 561,706.05 565,000.00 -3,293.95 1.0 3,938.05 0.70
Morgan Stanley -61772BAA1
0.731 04/05/2024
235,000.000 99.1330 232,962.55 235,000.00 -2,037.45 0.4 1,717.85 0.74
$38,739,126.76 $39,804,530.73 -$1,065,403.97 71.4 $836,185.30
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
216
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 11 of 33
ASSET DETAIL (continued)
Amazon Com Inc -023135BW5
0.450 05/12/2024
255,000.000 94.8630 241,900.65 254,627.70 -12,727.05 0.4 1,147.50 0.47
Paccar Financial Corp -69371RR81
Medium Term Note
3.150 06/13/2024
170,000.000 98.1560 166,865.20 169,960.90 -3,095.70 0.3 5,355.00 3.21
Ppl Elec Utils Corp 1st Mtg -69351UAY9
06/24/2024 Var
200,000.000 98.8400 197,680.00 200,000.00 -2,320.00 0.4 7,650.90 3.87
Salesforce Com Inc -79466LAG9
0.625 07/15/2024
135,000.000 94.4040 127,445.40 134,931.15 -7,485.75 0.2 843.75 0.66
Suntrust Bank -86787EAY3
3.689 08/02/2024
560,000.000 99.3680 556,460.80 570,707.63 -14,246.83 1.0 20,658.40 3.71
Paccar Financial -69371RR40
Medium Term Note
0.500 08/09/2024
125,000.000 94.0170 117,521.25 124,932.50 -7,411.25 0.2 625.00 0.53
Paccar Financial Corp -69371RR57
Medium Term Note
0.900 11/08/2024
555,000.000 94.0140 521,777.70 554,966.70 -33,189.00 1.0 4,995.00 0.96
Bk Of America Corp -06051GKG3
Medium Term Note
1.843 02/04/2025
235,000.000 96.5190 226,819.65 235,000.00 -8,180.35 0.4 4,331.05 1.91
Abbott Laboratories -002824BB5
2.950 03/15/2025
500,000.000 97.1730 485,865.00 516,793.12 -30,928.12 0.9 14,750.00 3.04
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
217
1010101010101010101010110110110111011011101001010010100000101001000101100000110110011010011001010110100101111100001011011011101100010111110010010101110110010001110001000010001111001100111001100001010110000000111111101000101010000011010100111000001011000000010010100110101100110011100010111110000110001001111101110111100110111000000111011010110100011100001011011000100001001000001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 12 of 33
ASSET DETAIL (continued)
Nike Inc Sr Nt -654106AH6
2.400 03/27/2025
20,000.000 96.7230 19,344.60 19,972.80 -628.20 0.0 480.00 2.48
Bk Of America Corp Fr -06051GJR1
Medium Term Note
0.976 04/22/2025
235,000.000 94.7620 222,690.70 235,000.00 -12,309.30 0.4 2,293.60 1.03
Morgan Stanley -61747YEA9
0.790 05/30/2025
515,000.000 93.8940 483,554.10 511,412.50 -27,858.40 0.9 4,068.50 0.84
Colgate Palmolive Co Sr -194162AM5
3.100 08/15/2025
200,000.000 97.2160 194,432.00 199,816.00 -5,384.00 0.4 6,200.00 3.19
Cummins Inc Sr Nt -231021AU0
0.750 09/01/2025
550,000.000 90.7480 499,114.00 532,735.50 -33,621.50 0.9 4,125.00 0.83
Walmart Inc -931142EW9
3.900 09/09/2025
270,000.000 99.4690 268,566.30 269,811.00 -1,244.70 0.5 10,530.00 3.92
Wells Fargo Company -95000U2H5
Medium Term Note
2.406 10/30/2025
550,000.000 95.4640 525,052.00 548,641.50 -23,589.50 1.0 13,233.00 2.52
Wisconsin Pub Svc Corp -976843BP6
5.350 11/10/2025
155,000.000 101.7430 157,701.65 154,965.90 2,735.75 0.3 8,292.50 5.26
Bank New York Mellon Corp -06405LAC5
Medium Term Note
5.224 11/21/2025
250,000.000 100.7290 251,822.50 250,000.00 1,822.50 0.5 13,060.00 5.19
Jpmorgan Chase Co -46647PDM5
5.546 12/15/2025
250,000.000 100.8070 252,017.50 250,000.00 2,017.50 0.5 13,865.00 5.50
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
218
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 13 of 33
ASSET DETAIL (continued)
State Str Corp -857477BZ5
4.857 01/26/2026
195,000.000 100.3660 195,713.70 195,000.00 713.70 0.4 9,471.15 4.84
State Str Corp -857477BR3
1.746 02/06/2026
255,000.000 93.7300 239,011.50 255,000.00 -15,988.50 0.4 4,452.30 1.86
Bank Of America Corp -06051GKM0
Medium Term Note
3.384 04/02/2026
115,000.000 96.7310 111,240.65 115,000.00 -3,759.35 0.2 3,891.60 3.50
Wells Fargo Co -95000U2X0
Medium Term Note
3.908 04/25/2026
210,000.000 97.6970 205,163.70 210,000.00 -4,836.30 0.4 8,206.80 4.00
Morgan Stanley -61747YET8
4.679 07/17/2026
100,000.000 99.1640 99,164.00 100,000.00 -836.00 0.2 4,679.00 4.72
Bk Of America Corp -06051GLA5
Medium Term Note
4.827 07/22/2026
250,000.000 99.7480 249,370.00 250,000.00 -630.00 0.5 12,067.50 4.84
Bank New York Mellon Corp -06406RBJ5
Medium Term Note
4.414 07/24/2026
295,000.000 99.3090 292,961.55 295,000.00 -2,038.45 0.5 13,021.30 4.44
US Bancorp -91159HJH4
Medium Term Note
10/21/2026 Var
215,000.000 102.7490 220,910.35 215,000.00 5,910.35 0.4 12,313.05 5.57
Santander Drive Auto -80287FAC6
A B S Ser 2022 7 Cl A 3
5.750 04/15/2027
200,000.000 101.4560 202,912.00 199,983.86 2,928.14 0.4 13,440.00 6.62
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
219
1010101010101010101010110110110110011011101001010010100000101001000101100001010110011010011001011010100101111000001000011011101100010100000010010101110001100101110001000011010010001100111000010010010110000000111011111000101010001101000000111000001100011110010010100100100001000011100011101011100101001001111001101110001110110101000000000010110011110101011001011000100001001011101011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 14 of 33
Total Corporate Issues
Taxable Municipal Issues
ASSET DETAIL (continued)
Santander Drv Auto -80287GAC4
A B S Ser 2023 1 Cl A 3
6.080 04/15/2027
200,000.000 99.8710 199,742.00 199,968.72 -226.72 0.4 12,160.00 6.09
Mercedes Benz Auto -58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
300,000.000 99.8920 299,676.00 299,964.00 -288.00 0.6 13,530.00 4.51
Riverside Cnty Calif Pension O Bds -76913CAX7
2020 Ca
2.363 02/15/2023 Taxable
170,000.000 99.9130 169,852.10 170,000.00 -147.90 0.3 4,017.10 2.36
Bay Area Ca Toll Auth Toll Bridge -072024WN8
Revenue Ref San Francisco Bay Area
2.184 04/01/2023 Taxable
680,000.000 99.6000 677,280.00 680,000.00 -2,720.00 1.2 14,851.20 2.19
Connecticut ST Ser A -20772KGM5
2.921 04/15/2023 Taxable
300,000.000 99.5910 298,773.00 300,129.10 -1,356.10 0.6 8,763.00 2.93
Alameda Cnty Ca Jt Pwrs Auth Lease -010831DQ5
Revenue Ref
3.095 06/01/2023 Taxable
130,000.000 99.6020 129,482.60 130,742.58 -1,259.98 0.2 4,023.50 3.11
Southern Calif Pub Pwr Auth Pwr Proj -842475P58
Rev Taxable Ref Bds 2020 B Ca
0.527 07/01/2023 Taxable
370,000.000 98.4110 364,120.70 370,000.00 -5,879.30 0.7 1,949.90 0.54
$10,570,685.25 $10,865,481.13 -$294,795.88 19.5 $299,574.62
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
220
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 15 of 33
ASSET DETAIL (continued)
San Bernardino Calif Cmnty Col -796720NP1
Taxable Go Ref Bds 2020 Ca
0.729 08/01/2023 Taxable
150,000.000 98.0880 147,132.00 150,000.00 -2,868.00 0.3 1,093.50 0.74
California ST Univ Rev Taxable -13077DMJ8
Systemwide Bds 2020 D
0.475 11/01/2023 Taxable
150,000.000 97.0450 145,567.50 150,000.00 -4,432.50 0.3 712.50 0.49
Corona Ca Pension Oblig Taxable Bds -21969AAC6
2021
0.710 05/01/2024 Taxable
190,000.000 94.9680 180,439.20 190,000.00 -9,560.80 0.3 1,349.00 0.75
Massachusetts ST Spl Oblig Rev -576004GX7
Taxable Bds 2022 A
3.639 07/15/2024 Taxable
480,000.000 98.9700 475,056.00 480,000.00 -4,944.00 0.9 17,467.20 3.68
Los Altos Ca Sch Dist Taxable Go -544290JH3
Renewal Bans 2021
1.000 10/01/2024 Taxable
480,000.000 94.2230 452,270.40 483,755.90 -31,485.50 0.8 4,800.00 1.06
Los Angeles Ca Mun Impt Corp Lease -5445872S6
Rev Taxable Ref Bds 2021A
0.683 11/01/2024 Taxable
230,000.000 93.5910 215,259.30 230,000.00 -14,740.70 0.4 1,570.90 0.73
Riverside Cnty Calif Infrastructure -76913DFV4
Fing Auth Lease Rev Taxable Ref Ca
0.873 11/01/2024 Taxable
230,000.000 93.8910 215,949.30 230,000.00 -14,050.70 0.4 2,007.90 0.93
New York ST Dorm Auth ST Pers -64990FD43
Income Tax Rev Taxable Gen Purp
0.887 03/15/2025 Taxable
400,000.000 93.0440 372,176.00 400,000.00 -27,824.00 0.7 3,548.00 0.95
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
221
1010101010101010101010110110110101011011101001010010100000101001000101100001110110011010011001011010100101110100001000011011101100010000010010010101110001110011110001000011100011101100111000110101110110000000100111100000101010011010111100111000001101111101010010100000100101100111100010010101010001001001110101101000010110100111000101110000110010001101111101011000100001001011001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 16 of 33
Total Taxable Municipal Issues
ASSET DETAIL (continued)
ASSET DETAIL MESSAGES
Total Taxable Bonds
Total Assets
Estimated Current Yield
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Golden ST Tob Securitization Corp -38122NA77
Calif Tob Settlement Rev Taxable Ca
1.400 06/01/2025 Taxable
270,000.000 92.9000 250,830.00 270,000.00 -19,170.00 0.5 3,780.00 1.51
Connecticut ST Taxable Go Bds 2022A -20772KQH5
3.292 06/15/2025 Taxable
170,000.000 97.6650 166,030.50 170,000.00 -3,969.50 0.3 5,596.40 3.37
Santa Clara Cnty Ca Taxable Election -801546QV7
2016 Go 2021 B
2.000 08/01/2025 Taxable
270,000.000 94.9110 256,259.70 248,823.90 7,435.80 0.5 5,400.00 2.11
Solano Ca Cmnty College Dist -83412PGY2
Taxable Go Ref Bds 2021 A
0.875 08/01/2025 Taxable
300,000.000 92.1130 276,339.00 267,729.00 8,610.00 0.5 2,625.00 0.95
$4,792,817.30 $4,921,180.48 -$128,363.18 8.8 $83,555.10
$54,102,629.31 $55,591,192.34 -$1,488,563.03 99.7 $1,219,315.02
$54,265,231.02 $55,753,794.05 -$1,488,563.03 100.0 $1,225,549.94
2.25
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Security Description
Shares/Face Amt Price Market Value Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
222
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 17 of 33
ASSET DETAIL MESSAGES (continued)
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be
reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do
not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Cost adjustments made to previously reported sales to reflect the impact of IRS wash sale rules may result in adjustments to reported year-to-date losses. Consequently, this period's beginning cost basis
may differ from the basis reported in the prior period. The gain and loss figures reported on this statement are provided for informational purposes only and should not be used for tax reporting purposes.
Please consult with your tax or legal advisor for questions concerning your personal tax or financial situation.
1831
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0334500-00-00913-01
223
1010101010101010101010110110110100011011101001010010100000101001000101100000010110011010011001010110100101110000001011011011101100010011100010010101110110000111110001000010111110101100111001000110110110000000100011110000101010010100101000111000001010100011010010100010101000010111100011000000110010001001110001110001111110101010000010101000110101100100101111011000100001001000101011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 18 of 33
TRANSACTION DETAIL
01/03/23 Asset Income Interest Earned On
F H L B Deb 5.400% 11/01/24
2,520.00
0.009 USD/$1 Pv On 280,000 Par Value Due 1/1/23
01/03/23 Purchase Purchased 2,545,000 Par Value Of
U S Treasury Nt 4.000% 12/15/25
-2,528,497.27 2,528,497.27
Trade Date 12/30/22
Purchased Through J.P. Morgan Securities LLC
Swift External Ref#: 12538520
2,545,000 Par Value At 99.35156267 %
01/03/23 Purchase Accrued Interest Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.000% 12/15/25
-5,313.74
Income Debit 5,313.74- USD
01/03/23 Sale Sold 2,435,000 Par Value Of
U S Treasury Nt 0.125% 12/15/23
2,332,844.14 -2,428,390.24
Trade Date 12/30/22
Sold Through Wells Fargo Securities, LLC
Swift External Ref#: 12538523
2,435,000 Par Value At 95.80468747 %
01/03/23 Sell Accrued Interest Received Accrued Interest On Sale Of
U S Treasury Nt 0.125% 12/15/23
158.88
Income Credit 158.88 USD
01/03/23 Sale Full Call
280,000 $1 Pv
280,000.00 -280,000.00
F H L B Deb 5.400% 11/01/24
On 01/01/23 At 1.00 USD
Federal Tax Cost 280,000.00 USD
Corporate Action Id: 536541
01/03/23 Asset Income Interest Earned On
Southern Calif Ca 0.527% 7/01/23
974.95
0.002635 USD/$1 Pv On 370,000 Par Value Due 1/1/23
01/03/23 Asset Income Interest Earned On
First Am Govt Ob Fd Cl Y
708.32
Interest From 12/1/22 To 12/31/22
$5,831,266.16 -$5,831,266.16 $55,771,114.10
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
Beginning Balance 01/01/2023
224
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 19 of 33
TRANSACTION DETAIL (continued)
01/06/23 Sale Sold 440,000 Par Value Of
U S Treasury Nt 0.125% 3/31/23
435,720.31 -439,776.56
Trade Date 1/5/23
Sold Through Wells Fargo Securities, LLC
Swift External Ref#: 12591017
440,000 Par Value At 99.02734318 %
01/06/23 Sell Accrued Interest Received Accrued Interest On Sale Of
U S Treasury Nt 0.125% 3/31/23
148.08
Income Credit 148.08 USD
01/09/23 Asset Income Interest Earned On
F H L B Deb 3.000% 7/08/24
10,950.00
0.015 USD/$1 Pv On 730,000 Par Value Due 1/8/23
01/12/23 Asset Income Interest Earned On
Florida Pwr Lt Co 2.64892% 1/12/24
3,098.12
0.010871 USD/$1 Pv On 285,000 Par Value Due 1/12/23
01/17/23 Asset Income Interest Earned On
Drive Auto 0.650% 7/15/25
4.60
$0.00054/Pv On 8,485.15 Pv Due 1/15/23
01/17/23 Sale Paid Down 8,485.14 Par Value Of
Drive Auto 0.650% 7/15/25
8,485.14 -8,484.36
Trade Date 1/15/23
01/17/23 Asset Income Interest Earned On
John Deere Owner 1.100% 8/15/24
82.61
$0.00092/Pv On 90,121.64 Pv Due 1/15/23
01/17/23 Sale Paid Down 15,575.82 Par Value Of
John Deere Owner 1.100% 8/15/24
15,575.82 -15,574.87
Trade Date 1/15/23
01/17/23 Asset Income Interest Earned On
Santander Auto Rec 1.940% 11/17/25
889.17
$0.00162/Pv On 550,000.00 Pv Due 1/15/23
01/17/23 Asset Income Interest Earned On
Santander Drive Auto
958.33
$0.00479/Pv On 200,000.00 Pv Due 1/15/23
01/17/23 Asset Income Interest Earned On
Massachusetts ST Spl 3.639% 7/15/24
6,550.20
0.013646 USD/$1 Pv On 480,000 Par Value Due 1/15/23
1831
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0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
225
1010101010101010101010110110110011011011101001010010100000101001000101100000110110011010011001011010100101101100000000011011101100010000110010010101110001011111110001000010000100101100111001011110110110000000111010010000101010011100001110111000001010111000000010100011110100011011100010101110111101001001011011000100100110100110101111010100110000010100111111011000101011001000101011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 20 of 33
TRANSACTION DETAIL (continued)
01/17/23 Asset Income Interest Earned On
Salesforce Com Inc 0.625% 7/15/24
421.88
0.003125 USD/$1 Pv On 135,000 Par Value Due 1/15/23
01/17/23 Asset Income Interest Earned On
U S Treasury Nt 0.125% 1/15/24
2,984.38
0.000625 USD/$1 Pv On 4,775,000 Par Value Due 1/15/23
01/17/23 Asset Income Interest Earned On
U S Treasury Nt 0.375% 7/15/24
7,228.13
0.001875 USD/$1 Pv On 3,855,000 Par Value Due 1/15/23
01/17/23 Return of Capital Amortized Premium On
U S Treasury Nt 0.375% 7/15/24
-12.16
Fed Basis Decreased By 12.16 USD To 3,854,611.90 USD
1/15/23
Current Year Amortization
01/17/23 Asset Income Interest Earned On
U S Treasury Nt 3.000% 7/15/25
32,925.00
0.015 USD/$1 Pv On 2,195,000 Par Value Due 1/15/23
01/17/23 Return of Capital Amortized Premium On
U S Treasury Nt 3.000% 7/15/25
-139.64
Fed Basis Decreased By 139.64 USD To 2,205,604.57 USD
1/15/23
Current Year Amortization
01/17/23 Asset Income Interest Earned On
Morgan Stanley 4.679% 7/17/26
2,300.51
0.023005 USD/$1 Pv On 100,000 Par Value Due 1/17/23
01/19/23 Sale Sold 200,000 Par Value Of
U S Treasury Nt 0.625% 10/15/24
188,218.75 -199,273.43
Trade Date 1/18/23
Sold Through Bnkofmont,Chbrnch/Cm
Swift External Ref#: 12735431
200,000 Par Value At 94.109375 %
01/19/23 Sell Accrued Interest Received Accrued Interest On Sale Of
U S Treasury Nt 0.625% 10/15/24
329.67
Income Credit 329.67 USD
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
226
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 21 of 33
TRANSACTION DETAIL (continued)
01/23/23 Sale Sold 400,000 Par Value Of
U S Treasury Nt 0.125% 3/31/23
396,765.63 -399,796.88
Trade Date 1/20/23
Sold Through Citigroup Global Markets Inc.
Swift External Ref#: 12769756
400,000 Par Value At 99.1914075 %
01/23/23 Sell Accrued Interest Received Accrued Interest On Sale Of
U S Treasury Nt 0.125% 3/31/23
157.97
Income Credit 157.97 USD
01/23/23 Asset Income Interest Earned On
Bk Of America Mtn 4.827% 7/22/26
6,033.75
0.024135 USD/$1 Pv On 250,000 Par Value Due 1/22/23
01/24/23 Purchase Purchased 440,000 Par Value Of
F H L M C M T N 5.150% 1/24/25
-440,000.00 440,000.00
Trade Date 1/5/23
Purchased Through Nomura Securities/Fix Income
Swift External Ref#: 12590603
440,000 Par Value At 100 %
01/24/23 Return of Capital Amortized Premium On
U S Treasury Nt 2.750% 5/15/25
-44.34
Fed Basis Decreased By 44.34 USD To 1,764,124.74 USD
1/24/23
Current Year Amortization
01/24/23 Sale Sold 195,000 Par Value Of
U S Treasury Nt 2.750% 5/15/25
189,294.73 -194,169.73
Trade Date 1/23/23
Sold Through Deutsche Bank Securities, Inc.
Swift External Ref#: 12792479
195,000 Par Value At 97.07422051 %
01/24/23 Sell Accrued Interest Received Accrued Interest On Sale Of
U S Treasury Nt 2.750% 5/15/25
1,036.95
Income Credit 1,036.95 USD
01/24/23 Asset Income Interest Earned On
Bank New York Mtn 4.414% 7/24/26
6,438.31
0.021825 USD/$1 Pv On 295,000 Par Value Due 1/24/23
1831
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0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
227
1010101010101010101010110110110010011011101001010010100000101001000101100001010110011010011001010110100101101000000011011011101100010011000010010101110110101011110001000011011001101100111000101101110110000000111110000000101010010010011010111000001101100110000010100001111001101011100011111011011110001001011111011101001110101011101000001100110111111101101101011000101011001011001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 22 of 33
TRANSACTION DETAIL (continued)
01/25/23 Asset Income Interest Earned On
F N M A Gtd Remic 3.056% 6/25/24
508.46
$0.00255/Pv On 199,656.03 Pv Due 1/25/23
01/25/23 Return of Capital Amortized Premium On
F N M A Gtd Remic 3.056% 6/25/24
-245.99
Fed Basis Decreased By 245.99 USD To 204,955.16 USD
1/25/23
Current Year Amortization
01/25/23 Sale Paid Down 5,185.29 Par Value Of
F N M A Gtd Remic 3.056% 6/25/24
5,185.29 -5,322.91
Trade Date 1/25/23
01/25/23 Return of Capital Amortized Premium On
F H L M C Mltcl Mt 3.30433% 2/25/23
-271.22
Fed Basis Decreased By 271.22 USD To 321,513.52 USD
1/25/23
Current Year Amortization
01/25/23 Asset Income Interest Earned On
F H L M C Mltcl Mt 3.30433% 2/25/23
884.36
$0.00275/Pv On 321,163.21 Pv Due 1/25/23
01/25/23 Sale Paid Down 283,357.93 Par Value Of
F H L M C Mltcl Mt 3.30433% 2/25/23
283,357.93 -283,667.00
Trade Date 1/25/23
01/25/23 Asset Income Interest Earned On
F H L M C Mltcl Mt 3.310% 5/25/23
1,390.42
$0.00276/Pv On 504,081.09 Pv Due 1/25/23
01/25/23 Return of Capital Amortized Premium On
F H L M C Mltcl Mt 3.310% 5/25/23
-939.33
Fed Basis Decreased By 939.33 USD To 508,777.72 USD
1/25/23
Current Year Amortization
01/25/23 Sale Paid Down 1,433.56 Par Value Of
F H L M C Mltcl Mt 3.310% 5/25/23
1,433.56 -1,446.92
Trade Date 1/25/23
01/25/23 Asset Income Interest Earned On
F H L M C Mltcl Mtg 3.060% 7/25/23
1,249.50
$0.00255/Pv On 490,000.00 Pv Due 1/25/23
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
228
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 23 of 33
TRANSACTION DETAIL (continued)
01/25/23 Return of Capital Amortized Premium On
F H L M C Mltcl Mtg 3.060% 7/25/23
-470.12
Fed Basis Decreased By 470.12 USD To 493,545.53 USD
1/25/23
Current Year Amortization
01/25/23 Asset Income Interest Earned On
F H L M C Mltcl 4.1374% 8/26/24
393.52
$0.00345/Pv On 114,135.06 Pv Due 1/25/23
01/25/23 Sale Paid Down 28,388.63 Par Value Of
F H L M C Mltcl 4.1374% 8/26/24
28,388.63 -28,388.63
Trade Date 1/25/23
01/25/23 Purchase Purchased 300,000 Par Value Of
Mercedes Benz Auto 4.510% 11/15/27
-299,964.00 299,964.00
Trade Date 1/18/23
Purchased Through Mitsubishi Ufj Securities USA
Swift External Ref#: 12735912
300,000 Par Value At 99.988 %
01/25/23 Purchase Purchased 200,000 Par Value Of
Santander Drv Auto 6.080% 4/15/27
-199,968.72 199,968.72
Trade Date 1/18/23
Purchased Through Wells Fargo Securities, LLC
Swift External Ref#: 12736978
200,000 Par Value At 99.98436 %
01/25/23 Fee Trust Fees Collected
Charged For Period 12/01/2022 Thru 12/31/2022
-560.84
01/26/23 Free Deliver Distributed 0.01 Par Value Of
Drive Auto 0.650% 7/15/25
-0.01
Valued At 0.01 USD
Market Value Of 0.01 USD
Fractional Shrs
01/26/23 Purchase Purchased 195,000 Par Value Of
State Str Corp 4.857% 1/26/26
-195,000.00 195,000.00
Trade Date 1/23/23
Purchased Through Goldman Sachs & Co. LLC
Swift External Ref#: 12793283
195,000 Par Value At 100 %
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
229
1010101010101010101010110110110001011011101001010010100000101001000101100001110110011010011001010110100101100100000011011011101100010111010010010101110110111101110001000011101000001100111000001010010110000000100010011000101010000101100110111000001100000101000010100101111101001111100010000101101010001001010011011011010110111001101101111110110110000101001001011000101011001011101011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 24 of 33
TRANSACTION DETAIL (continued)
01/27/23 Asset Income Interest Earned On
Bank Of Ny Mtn 1.850% 1/27/23
2,775.00
0.00925 USD/$1 Pv On 300,000 Par Value Due 1/27/23
Interest On 1/27/23 Maturity
01/27/23 Purchase Purchased 270,000 Par Value Of
F H L M C M T N 5.300% 1/27/26
-270,000.00 270,000.00
Trade Date 1/10/23
Purchased Through Citigroup Global Markets Inc.
Swift External Ref#: 12642932
270,000 Par Value At 100 %
01/27/23 Purchase Purchased 400,000 Par Value Of
F H L M C 5.125% 1/27/25
-400,000.00 400,000.00
Trade Date 1/20/23
Purchased Through Citigroup Global Markets Inc.
Swift External Ref#: 12769884
400,000 Par Value At 100 %
01/27/23 Sale Sold 550,000 Par Value Of
Santander Auto Rec 1.940% 11/17/25
542,566.41 -549,923.22
Trade Date 1/25/23
Sold Through Mitsubishi Ufj Securities USA
Swift External Ref#: 12825566
550,000 Par Value At 98.64843818 %
01/27/23 Sell Accrued Interest Received Accrued Interest On Sale Of
Santander Auto Rec 1.940% 11/17/25
355.67
Income Credit 355.67 USD
01/27/23 Sale Matured 300,000 Par Value Of
Bank Of Ny Mtn 1.850% 1/27/23
300,000.00 -299,790.00
Trade Date 1/27/23
300,000 Par Value At 100 %
01/30/23 Purchase Purchased 73,000 Par Value Of
U S Treasury Nt 3.875% 1/15/26
-72,968.63 72,968.63
Trade Date 1/26/23
Purchased Through Nomura Securities/Fix Income
Swift External Ref#: 12839433
73,000 Par Value At 99.9570274 %
01/30/23 Purchase Accrued Interest Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.875% 1/15/26
-117.21
Income Debit 117.21- USD
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
230
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 25 of 33
TRANSACTION DETAIL (continued)
01/30/23 Purchase Purchased 880,000 Par Value Of
U S Treasury Nt 3.875% 1/15/26
-879,342.68 879,342.68
Trade Date 1/27/23
Purchased Through BofA Securities, Inc./Fxd Inc
Swift External Ref#: 12853473
880,000 Par Value At 99.92530455 %
01/30/23 Purchase Accrued Interest Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.875% 1/15/26
-1,412.98
Income Debit 1,412.98- USD
01/30/23 Sale Sold 74,545.82 Par Value Of
John Deere Owner 1.100% 8/15/24
73,890.63 -74,541.27
Trade Date 1/26/23
Sold Through Mitsubishi Ufj Securities USA
Swift External Ref#: 12839157
74,545.82 Par Value At 99.1210893 %
01/30/23 Sell Accrued Interest Received Accrued Interest On Sale Of
John Deere Owner 1.100% 8/15/24
34.17
Income Credit 34.17 USD
01/30/23 Asset Income Interest Earned On
US Bancorp Mtn 3.700% 1/30/24
10,175.00
0.0185 USD/$1 Pv On 550,000 Par Value Due 1/30/23
01/30/23 Return of Capital Amortized Premium On
US Bancorp Mtn 3.700% 1/30/24
-1,223.71
Fed Basis Decreased By 1,223.71 USD To 563,989.61 USD
1/30/23
Current Year Amortization
01/31/23 Asset Income Interest Earned On
U S Treasury Nt 0.875% 1/31/24
6,234.38
0.004375 USD/$1 Pv On 1,425,000 Par Value Due 1/31/23
01/31/23 Asset Income Interest Earned On
U S Treasury Nt 2.750% 7/31/27
9,350.00
0.01375 USD/$1 Pv On 680,000 Par Value Due 1/31/23
Purchase Combined Purchases For The Period 1/ 1/23 - 1/31/23 Of
First Am Govt Ob Fd Cl Y
-1,717,296.46 1,717,296.46
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
231
1010101010101010101010110110110000011011101001010010100000101001000101100000010110011010011001011010100101100000000000011011101100010100100010010101110001001001110001000010110101001100111001111001010110000000100110001000101010001011110010111000001011011011000010100111110000111111100011010000001001001001010111000010111110110100101010100110110001101100011011011000101011001000001011111111111111111111
RIVERSIDE COUNTY TRANS COMM
ACCOUNT NUMBER:001050990415 January 1, 2023 to January 31, 2023
Page 26 of 33
TRANSACTION DETAIL (continued)
Sale Combined Sales For The Period 1/ 1/23 - 1/31/23 Of
First Am Govt Ob Fd Cl Y
1,808,465.27 -1,808,465.27
$5,944,672.52 -$5,944,672.52 $55,753,794.05
1831
00- -M -UD-U8 -034-01
0334500-00-00913-01
Date
Posted Activity Description
Income
Cash
Principal
Cash Tax Cost
Ending Balance 01/31/2023
232
AGENDA ITEM 6E
Agenda Item 6E
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Ariel Alcon Tapia, Senior Management Analyst
THROUGH: David Knudsen, External Affairs Director
SUBJECT: Quarterly Public Engagement Metrics Report, October-December 2022
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission to take the following action(s):
1) Receive and file the Quarterly Public Engagement Metrics Report for
October-December 2022.
BACKGROUND INFORMATION:
The Commission’s digital communications channels provide a vital source of information to the
public we serve locally and regionally. Information about transportation projects, construction
updates, programs, and initiatives affecting Riverside County residents and other stakeholders is
shared regularly on our website, social media channels, newsletter, and other media. The
Commission’s digital communications also highlight the investment of Measure A revenue in
Riverside County.
The Public Affairs staff actively monitors and measures our communications to respond to
comments and questions and to understand how audiences react to the digital information
presented across RCTC’s social media platforms. This report covers the fourth quarter of 2022,
from October to December.
Public engagement activities are summarized in this report and in the attached Public
Engagement Metrics. This quarter’s paid digital advertisements focused on informing the public
about the opening of the Interstate 215 Placentia Avenue Interchange opening, westbound 91
closures in Corona, and educating the public about Measure A investments. Across all social
media channels, we experienced an increase of followers. Digital advertising drove traffic to the
RCTC website and engagement. Meta, which operates both Facebook and Instagram, and Twitter
frequently make changes to their algorithms. Mixed results in reach and engagement are
attributed to how ads are placed and the changing algorithms.
Staff strategically boosts and places digital advertising based on the need to increase visibility for
specific projects such as construction updates and awareness. Digital advertising is also placed
233
Agenda Item 6E
for the Commission’s advocacy efforts for grants and other programs. It is important to note that
the metrics show comparisons to the previous quarter.
This quarter’s report includes three sets of data:
1) Metrics for RCTC’s overall public engagement activities including public sentiment on
social media; social media followers, engagement, and reach; email notifications; website
use and access; and website top pages visited
2) Metrics for the I-215 Placentia Avenue Interchange Project including email activity,
website sessions, and social media. This project opened in December, so this will be the
final metrics report.
3) Metrics for RCTC’s 15/91 Express Lanes Connector Project including email activity, text
messages, website sessions, and social media
RCTC Overall Public Engagement
1) Social Media
a. Public sentiment was mostly positive with dips due to closure announcements.
Sentiment was mixed on a post related to the westbound 91 weekend full closure
in December for the 91 Refresh Project. Positive reaction was seen from Spanish
posts with members of the public thanking the Commission for posting
information about weekend closures in Spanish. Posts relating to the opening I-
215 Placentia Interchange construction, as well as the RCTC-SBCTA video for the
California Transportation Commission generated positive reactions in December.
b. Facebook: Followers continue to increase steadily. This quarter, followers grew by
2%, from 12,759 to 13,074. The page had 224,038 forms of engagement, such as
likes, comments, and video viewing and shares, a 176% increase from last
quarter’s 81,175 forms of engagement. The page reached 993,090 unique users
for the quarter (followers and non-followers), a decrease of 11% from last
quarter’s 1,123,157. This past quarter, ads were targeted for engagement. Users
were encouraged to click or react to a post which drove engagement numbers up
but did not help increase reach. Meta’s algorithm also appears to have favored
engagement rather than reaching more unique individuals. The Commission has
also been using Facebook Messenger ads to provide answers to frequently asked
question regarding closures. Users interacted frequently with the automated
responses, which increased engagement.
c. Twitter: The page showed an 23% increase in followers, from 1,594 to 1,646.
Engagement decreased 45%, from 6,363 to 4,139 while impressions increased by
8%, from 52,000 to 56,200. The drop in engagement and increased reach on
organic posts will be monitored.
d. Instagram: Followers grew by 23%, from 2,550 to 3,145. Engagement decreased
45% from 39,696 forms of engagement to 21,771. This quarter’s reach was
732,257 unique users, a 52% increase from last quarter’s 481,085.
234
Agenda Item 6E
2) The Point E-Newsletter: RCTC continues to produce content for its online blog, The Point,
and distributes the blog posts as monthly email newsletter. Subscribers increased 2.5%
from 6,057 to 6,219. Approximately 47.5% of the e-newsletter subscribers opened The
Point, a 10% increase from the previous quarter, and 4% clicked on links to learn more.
The open rate is significantly higher than the industry (government) average of 34%.
3) Website
a. There were 85,182 website visits this quarter, a 73% increase from last quarter’s
49,238 visits. There also were 64,251 unique users, a significant increase of 85%
compared to the previous quarter’s 35,552 unique users.
b. Most visitors (39%) reached the website through a search engine. Visitors who
accessed the site by keying in rctc.org this past quarter was 35%. Users who
reached the site via social media slightly increased to 18%. Others reached the site
via other website referrals (7%) and email links (1%).
c. Website access by device continues to fluctuate. Visits were 24% via desktop and
76% via mobile device this quarter, compared to 37% via desktop and 63% via
mobile last quarter. Due to a high number of mobile users, pages on the website
are designed to accurately display the information on mobile devices. For full
weekend closures and construction updates, webpages are created instead of
using PDFs. This helps drive traffic to the website and allows for easier visitor
navigation.
d. The homepage was not the most frequently page this past quarter. The 91 Refresh
full weekend closure was the most visited page with the 91 Refresh Project page
coming in second. The homepage was the third most visited page. In the week
leading up to the westbound 91 full weekend closure, a special construction page
with a unique URL was created. This URL was advertised on several channels to
help visitors easily access the page.
I-215 Placentia Avenue Interchange Public Engagement
1) Emails: Total email sign-ups since the start of the project grew to 1,895. This is a
12% increase over the 1,685 sign-ups received through the end of last quarter. This
increase is likely due to the pending opening of the I-215 Placentia Interchange. There
was a total of 63 email inquiries, an increase of 34% over the 47 inquiries through the end
of last quarter.
2) Webpage: Visits to the project webpage grew to 8,381, a 42% increase from the 5,892
visits through the end of last quarter. The significant increase in webpage visits is
attributed to social media advertising announcing the opening of the interchange.
3) Social Media: This project does not have designated social media accounts. RCTC’s social
media pages, @theRCTC, were used for this project. Total social media post engagements
totaled 18,296 for this quarter, an 186% increase from the 8,026 engagements through
the end of the previous quarter. To commemorate the opening of the interchange, a video
was produced that highlighted the project benefits. This video was highlighted in social
media advertising.
235
Agenda Item 6E
15/91 Express Lanes Connector Public Engagement
1) Emails: Email sign-ups during the last quarter totaled 3,320, an increase of 9%. The project
team received 19 email inquiries to date.
2) Texts: A total of 361 people have registered to receive texts, a 23% increase over the
327 sign-ups through the end of last quarter.
3) Webpage: Visits to the project webpage grew 15% during the quarter, from 26,063 visits
last quarter to 29,857 visits this quarter.
1) Social Media: Facebook page likes increased to 3,263 compared to 3,239 last quarter, a
1% increase. Twitter grew by less than 1% from 381 to 386 followers. Instagram followers
increased 1% from 846 to 861 followers.
FISCAL IMPACT:
This is an informational item. There is no fiscal impact.
Attachments:
1) RCTC Overall Public Engagement Metrics
2) I-215 Placentia Interchange Construction Public Engagement Metrics
3) 15/91 Express Lanes Connector Construction Public Engagement Metrics
236
Top Pages Visited
1
2
3
Desktop vs Mobile Users
24%76%Desktop Mobile
Facebook Twitter Instagram
Top Channels
+2.5%
Overall Social Media Sentiment Eblasts Web
Public Engagement Metrics: Q4 October - December 2022
Social Media
Differences
Organic search and social media referrals increased
while direct and other referral slightly decreased
Subscribers
6,219
Average
Open
47%
Average
Click
4%
85,182
Number of
Sessions
+73%64,251
Number of
Unique Users
+86%
Reach
993,090
Followers
13,074
Engagement
224,038
Impressions
56,000
Followers
1,646
Engagement
4,149
Reach
732,257
Followers
3,145
Engagement
21,771
+8%
+3%
-35%
+52%
+23%
-45%
-12%
+3%
+176%
91 Refresh Closure
91 Refresh Project
Home Page
10/17: Positive sentiment relating to I-215 Placentia and CVR posts
11/9 : Mixed trend due to 91 Refresh weekend full closure posts
12/10: Negative sentiment due to westbound 91 full weekend closure
Direct (35%)
Organic (39%)
Social (18%)
Referral (7%)
Email (1%)
10/1 10/8 10/15 10/22 10/29 11/6 11/13 11/20 11/27 12/3 12/10 12/17 12/30
1.00
.50
0
-.50
-1.00
Organic
39%
Direct
35%
Social
18%
1%7%
ATTACHMENT 1
237
October - December 2022
I-215 Placentia Interchange ProjectQuarterly “At-a-Glance” Metrics Report
Jul -
S
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1
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Email Sign-Ups
Website Sessions
Emails to Project Team
Social Media Post Engagements
Jul -
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500
1000
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Oct
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Oct
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499
Jan
-
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2
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7
Jan
-
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2
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1,757
Jan
-
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2
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2,827
Jan
-
M
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2
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1
677
11
2,321
2,915
Apr
–
J
u
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Apr
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Apr
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868
16
3,387 3,811 4,446
3,088 3,390 3,514
Jul –
S
e
p
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2
0
2
1
Oct
–
D
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c
2
0
2
1
Jan
-
M
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2
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2
2
Jul –
S
e
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2
0
2
1
Oct
–
D
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2
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2
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M
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2
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2
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Jul –
S
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2
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Oct
–
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2
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2
0
2
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Jul –
S
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Oct
–
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Jan
-
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2
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2
2
1,067
1,273
23
34
1,484
Apr
-
J
u
n
2
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41
Apr
-
J
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n
2
0
2
2
4,998
Apr
-
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2
0
2
2
4,270
Apr
-
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n
2
0
2
2
1,625
5,892
Jul -
S
e
p
2
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47
Jul -
S
e
p
2
0
2
2
8,026
Jul -
S
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2
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Jul -
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1,895
Oct
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63
Oct
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8,381
Oct
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2
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18,259
Oct
-
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c
2
0
2
2
ATTACHMENT 2
238
October - December 2022
15/91 Express Lanes Connector Project
Quarterly “At-a-Glance” Metrics Report
Apr
-
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155
3
Email & Text Alert Sign-Ups
Website Sessions
Emails to Project Team
Social Media Followers
Apr
-
J
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2
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1
0
500
1000
1500
2000
2500
3000
3500
2,825
5,714
68
2,778
293
600
Facebook Followers Twitter FollowersInstagram Followers
Email Sign-Ups Text Sign-Ups
161 173 230
2,809
7
14
8,834
2,798
301
628
2,736
3,006
323
689
340
761
Jul -
S
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2
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Oct
-
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2
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Jan
-
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2
2
Jul -
S
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2
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2
1
Oct
-
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2
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2
1
Jan
-
M
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2
0
2
2
Jul -
S
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2
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2
1
Oct
-
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2
1
Jan
-
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2
2
Jul -
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2
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2
1
Oct
-
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2
1
Jan
-
M
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2
0
2
2
2,489
12,418
2,538
18
17,526
2,767
266
19
Apr
-
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2
0
2
2
22,038
3,221
359
805
Apr
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3,059
327
Apr
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Jul -
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19
Jul -
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2
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2
2
26,063
Apr
-
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2
2
Jul -
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2
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2
2
3,239
381
846
Jul -
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2
2
3,320
361
Oct
-
D
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2
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19
Oct-
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2
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2
2
29,857
Oct
-
D
e
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2
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2
2
3,263
386
861
Oct
-
D
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0
2
2
ATTACHMENT 3
239
AGENDA ITEM 6F
Agenda Item 6F
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Eric DeHate, Transit Manager
THROUGH: Lorelle Moe-Luna, Multimodal Services Director
SUBJECT: Amendment to Palo Verde Valley Transit Agency’s Fiscal Year 2022/23 Short
Range Transit Plan
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Approve a $97,500 allocation increase of Local Transportation Funds (LTF) for the Palo
Verde Valley Transit Agency (PVVTA) for Fiscal Year 2022/23; and
2) Approve PVVTA’s amended FY 2022/23 Short Range Transit Plan (SRTP) to reflect the LTF
increase in the amount of $97,500 for operating expenses.
BACKGROUND INFORMATION:
During the development of the FY 2022/23 SRTP, PVVTA requested $638,069 of LTF for its
approximate $1.7 million operating budget. PVVTA staff conducted a mid-year budget analysis
and identified a shortfall in its current operating budget. The largest component of the request
was due to rising fuel and energy costs above what they had projected. The other cost increases
are for salary for a new hire and minor administrative expenses.
PVVTA staff reached out to Commission staff and submitted an amendment (Attachment 1) to
its FY 2022/23 SRTP and is requesting an increase of $97,500 in LTF to fully cover the shortfall in
operating expenses. The PVVTA board approved this budget increase on February 1, 2023
(Attachment 2). Sufficient LTF funds are available, therefore, staff recommends that the
Commission approve an allocation of $97,500 from LTF revenue to PVVTA and approve its
amended FY 2022/23 SRTP to reflect this increase.
FISCAL IMPACT:
Funding in the amount of $97,500 is available within LTF existing FY 2022/23 budget. No budget
adjustment is required as minor LTF adjustments such as these for transit operators were
anticipated and budgeted in the current fiscal year.
240
Agenda Item 6F
Financial Information
In Fiscal Year Budget: Yes Years: FY 2022/23 Amount: $97,500
Source of Funds: LTF Palo Verde Valley Riverside County
Bus Budget Adjustment: No
GLA No.: 002212 86101 00000 0000 601 62 86101
Fiscal Procedures Approved:
Date: 02/14/2023
Attachments:
1) PVVTA’s FY 2022/23 SRTP Amendment Request
2) PVVTA Staff Report, February 1, 2023
241
February 06, 2023
Ms. Anne Mayer
Executive Director
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor
Riverside, CA 92502
Re: FY 2022/2023 SRTP Table 4 Adjustment
Dear Ms. Mayer,
The purpose of this letter is to respectfully request Riverside County Transportation Commission’s
(RCTC) consideration of the Palo Verde Valley Transit Agency’s request for an adjustment to its FY
2022/23 Table 4: Summary of Funds Requested for FY 2022/23 to reflect the following changes:
Increase LTF funding from $638,069 to $735,569 to cover rising fuel/energy costs for
operations in FY 2022/23. Additionally, this increase in LTF funding should accommodate
unbudgeted salary expenses predicted during the initial drafting of the SRTP for FY
2022/23.
See Table 4 on the following page for details of funding.
The request to increase the FY 2022/23 programmed LTF funds is necessary since it will allow the
Palo Verde Valley Transit Agency to maintain operations and combat ongoing fuel/energy cost
surges during times of supply chain issues and economic uncertainty. This adjustment is necessary
as well to cover the accurate salary amount that was originally based off of a projection towards the
end of the last fiscal year.
Sincerely,
Christian Castro,
Finance Manager
CC: Eric DeHate, Transit Manager
ATTACHMENT 1
242
Table 4.0 - Summary of Funding Requests - FY 2022/23
Palo Verde Valley Transit Agency
Amendment # 1
Operating
5311 5311 CRRSAA AB 2766 FARE LCTOP OB LTF OTHR LCL OTHR ST SGR PUC99313 SGR PUC99314 STA PUC99313 STA PUC99314ProjectTotal Amount
of Funds
1 - OPERATING ASSISTANCE $615,647 $82,971 $488,069 $44,607
2 - OPERATING ASSISTANCE (BWE)$182,196 $20,000 $12,196 $150,000
3 - LCTOP FREE RIDES PROGRAM $70,000 $70,000
4 - 5311 CRRSAA FUNDING $554,887 $554,887
5 - OPERATING ASSISTANCE (5311 FUNDS)$272,852 $272,852
Sub-total Operating $1,695,582 $272,852 $554,887 $20,000 $95,167 $70,000 $638,069 $44,607 $0 $0 $0 $0 $0
Capital
5311 5311 CRRSAA AB 2766 FARE LCTOP OB LTF OTHR LCL OTHR ST SGR PUC99313 SGR PUC99314 STA PUC99313 STA PUC99314ProjectTotal Amount
of Funds
BULK TRANSIT BUS TIRES, FILTERS, ETC. - FY 23-
2
$10,000 $10,000
DEMO VW EV BUS - FY 23-4 $272,000 $160,000 $99,110 $12,890
HVIP EV BUS - FY 23-5 $262,000 $75,000 $187,000
REPLACEMENT OF FIXED ROUTE BUS (CNG) - FY
23-1
$145,000 $145,000
SGR FACILITY IMPROVEMENTS - FY 23-3 $51,000 $49,197 $1,803
Sub-total Capital $740,000 $0 $0 $0 $0 $0 $0 $0 $235,000 $49,197 $1,803 $441,110 $12,890
Total Operating & Capital $2,435,582 $272,852 $554,887 $20,000 $95,167 $70,000 $638,069 $44,607 $235,000 $49,197 $1,803 $441,110 $12,890
FY 2022/23 Projected Funding Details
5311 $272,852
5311 CRRSAA $554,887
AB 2766 $20,000
FARE $95,167
LCTOP OB $70,000
LTF $638,069
OTHR LCL $44,607
Total Estimated Operating Funding Request $1,695,582
OTHR ST $235,000
SGR PUC99313 $49,197
SGR PUC99314 $1,803
STA PUC99313 $441,110
STA PUC99314 $12,890
Total Estimated Capital Funding Request $740,000
Total Funding Request $2,435,582
TransTrack Manager™Page 1 of 1
2/6/2023 18:37:34 ET 243
Table 4.0 - Summary of Funding Requests - FY 2022/23
Palo Verde Valley Transit Agency
Amendment # 2
Operating
5311 5311 CRRSAA AB 2766 FARE LCTOP OB LTF OTHR LCL OTHR ST SGR PUC99313 SGR PUC99314 STA PUC99313 STA PUC99314ProjectTotal Amount
of Funds
1 - OPERATING ASSISTANCE $713,147 $82,971 $585,569 $44,607
2 - OPERATING ASSISTANCE (BWE)$182,196 $20,000 $12,196 $150,000
3 - LCTOP FREE RIDES PROGRAM $70,000 $70,000
4 - 5311 CRRSAA FUNDING $554,887 $554,887
5 - OPERATING ASSISTANCE (5311 FUNDS)$272,852 $272,852
Sub-total Operating $1,793,082 $272,852 $554,887 $20,000 $95,167 $70,000 $735,569 $44,607 $0 $0 $0 $0 $0
Capital
5311 5311 CRRSAA AB 2766 FARE LCTOP OB LTF OTHR LCL OTHR ST SGR PUC99313 SGR PUC99314 STA PUC99313 STA PUC99314ProjectTotal Amount
of Funds
BULK TRANSIT BUS TIRES, FILTERS, ETC. - FY 23-
2
$10,000 $10,000
DEMO VW EV BUS - FY 23-4 $272,000 $160,000 $99,110 $12,890
HVIP EV BUS - FY 23-5 $262,000 $75,000 $187,000
REPLACEMENT OF FIXED ROUTE BUS (CNG) - FY
23-1
$145,000 $145,000
SGR FACILITY IMPROVEMENTS - FY 23-3 $51,000 $49,197 $1,803
Sub-total Capital $740,000 $0 $0 $0 $0 $0 $0 $0 $235,000 $49,197 $1,803 $441,110 $12,890
Total Operating & Capital $2,533,082 $272,852 $554,887 $20,000 $95,167 $70,000 $735,569 $44,607 $235,000 $49,197 $1,803 $441,110 $12,890
FY 2022/23 Projected Funding Details
5311 $272,852
5311 CRRSAA $554,887
AB 2766 $20,000
FARE $95,167
LCTOP OB $70,000
LTF $735,569
OTHR LCL $44,607
Total Estimated Operating Funding Request $1,793,082
OTHR ST $235,000
SGR PUC99313 $49,197
SGR PUC99314 $1,803
STA PUC99313 $441,110
STA PUC99314 $12,890
Total Estimated Capital Funding Request $740,000
Total Funding Request $2,533,082
TransTrack Manager™Page 1 of 1
2/6/2023 18:37:00 ET 244
56
New Business - SRTP Amendment FY 2022/23
Christian Castro, Finance Manager
RECOMMENDATION:
Authorize the Finance Manager to coordinate with RCTC to amend the PVVTA FY 2022/23 SRTP to reflect
an increase in LTF by $97,500 to cover detailed expenses presented.
FISCAL IMPACT:
Use of unallocated and repurpose of LTF funds as identified by accounts listed in the amount of $97,500.
SUMMARY:
Over the course of the first half of fiscal year 22/23, staff has been maintaining operations through funds
provided by the Short Range Transit Plan (SRTP). The following a re accounts that will need supplemental
funding that wasn’t previously identified in the SRTP. Any action taken would allow PVVTA staff to
coordinate with RCTC to properly utilize the money through the SRTP procedure.
Salary/FICA
Halfway into FY 2020/21, the finance manager retired from PVVTA and an interim Finance Manager was
appointed for the remaining half of the fiscal year. Salary allotment for the drafting of the Short Range
Transit Plan was created off of a projected compensation amount for the continuing staff of PVVTA. A new
Finance Manager was hired at the start of the new fiscal year and a stable salary was able to be
implemented. This drafted Salary amount can now be properly adjusted by $32,500 to encompass the
entire amount necessary to maintain current staff for the remainder of FY 21/22.
Gas/CNG
In early January 2023, a notice was sent to PVVTA from their natural gas provider advising them to prepare
for substantially increased prices in gas. Increases in wholesale gas prices have caused the PVVTA gas bill
to rise to more than double the price of the cost from the previous fiscal year. This sharp increase in gas
prices is looking to continue throughout the remainder of the fiscal year as well due to unanticipated
weather patterns and supply and distribution constraints. Being that budgeting is conducted before these
abrupt spikes in prices took place, prior year projections couldn’t anticipate such a drastic increase. A total
of $36,000 is recommended for this expenditure budget increase to manage this surge in costs.
Utilities
Rising inflation rates as well as increased usage of resources are resulting in surges in the price of
electricity and water each period. The price of electrical usage is anticipated to rise further with the
increased cost of gas due to natural gas consisting of approximately 22% of Southern California Edison’s
electricity. Forecasted rates in prior year planning could not anticipate such an increase in the cost of
utilities so it is recommended that an additional $16,500 be included in the funds to weather this storm for
the remainder of the fiscal year.
ATTACHMENT 2
245
57
Proposed Increases Listed
Salary/FICA $32,500 Unbudgeted salary cost from new hire
Gas/CNG Fuel $36,000 Rising Fuel Cost
Utilities $16,500 Rising energy costs for facility
Professional Services $9,000 Ongoing City services and legal review
Repair / Maintenance $3,500 Unforeseen damages to CNG Station
ATTACHMENT:
NONE
246
AGENDA ITEM 6G
Agenda Item 6G
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Jenny Chan, Planning and Programming Manager
THROUGH: Jillian Guizado, Planning and Programming Director
SUBJECT: Active Transportation Program Cycle 6 - Riverside County Project
Recommendations for Metropolitan Planning Organization Regional Program
STAFF RECOMMENDATION:
This is for the Committee to recommend the Commission to take the following action(s):
1) Receive and file the Cycle 6 Active Transportation Program (ATP) list of recommended
projects in Riverside County for Metropolitan Planning Organization (MPO) adoption in
the amount of $46,394,000.
BACKGROUND INFORMATION:
ATP is a highly competitive statewide program that funds bicycle and pedestrian facilities and
programs to enhance or encourage walking and biking. The California Transportation Commission
(CTC) awards 50 percent of the funds at the statewide competitive level, 10 percent to small
urban and rural regions, and 40 percent at the large MPO level. The ATP evaluation process
allows applicants in Riverside County two opportunities for award – at the statewide level and
the large MPO level. As part of the sequential project selection process, projects are first
evaluated statewide and those that are not ranked high enough for statewide funding are
automatically provided a second opportunity for funding through the large MPO share. As the
MPO, the Southern California Association of Governments (SCAG) is required to work with county
transportation commissions, the CTC, and Caltrans to develop the MPO Guidelines. SCAG allows
each county transportation commission to assign up to 20 points to the CTC’s statewide project
scores to determine the ATP projects recommended for MPO funding.
On July 13, 2022, the Commission adopted the 20-point methodology for implementation
projects, as provided in Table 1.
Table 1: 20-Point Distribution for Implementation Projects
Criteria Points
1. Requesting construction-only funding 6
2. Construction funding in the first three years of programming 4
3.
3a.
PA/ED completed – either CEQA, NEPA, or both
PA/ED started – either CEQA, NEPA, or both (partial funding)
7 or
3
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Agenda Item 6G
4. Projects identified in WRCOG Sub-regional Active Transportation Plan or
CVAG Non-Motorized Plan; or an adopted local active transportation plan,
bike or pedestrian master plan, or Safe Routes to School Plan
3
For non-infrastructure (NI) and planning projects, the Commission adopted a policy to award up
to $442,000 for all projects with a minimum statewide score of 80 points. Any remaining funds
for NI and planning projects are to be utilized for implementation projects, and vice versa.
The Commission also authorized staff to apply the adopted selection criteria methodology to the
list of unfunded ATP projects and submit to SCAG the recommended projects for MPO award.
DISCUSSION:
The ATP Cycle 6 Call for Projects opened on March 17, 2022 and closed on June 15, 2022. On
June 27, 2022, the Governor signed the Budget Act of 2022 which added $1.05 billion from the
State General Fund to the Active Transportation Program. On August 5, 2022, the CTC adopted
a resolution to amend ATP Cycle 6 Guidelines to include this one-time funding in the current
program. As such, SCAG updated its MPO fund estimate for each county, as seen in Table 2.
Table 2: County Share for Implementation, Non-Infrastructure (NI), and Planning Projects
($ in 000s)
County Population % Implementation NI and Planning Total Capacity
Imperial 1% $3,275 $172 $3,447
Los Angeles 53% $182,515 $9,606 $192,121
Orange 17% $58,086 $3,057 $61,143
Riverside 13% $44,074 $2,320 $46,394
San Bernardino 12% $39,763 $2,094 $41,857
Ventura 4% $15,380 $809 $16,189
100% $343,094 $18,058 $361,152
On October 20, 2022, CTC staff released the draft recommendations for statewide ATP awards.
Five projects from Riverside County were recommended for award, for a total amount
of $44.6 million. The CTC adopted the final list of statewide projects at the December 7-8, 2022
CTC meeting. According to SCAG, most Cycle 5 applications received funding in Cycle 6.
Without the augmentation from the General Fund, the cut off score for statewide projects
would have been 94; with augmentation funding, the adjusted cut off score was 89, which is
the same as Cycle 5. It is apparent the program is becoming increasingly competitive in each
cycle and projects are becoming larger and more complex. In Cycle 6, only 20 percent of the
applications were in the small category, compared to 30 percent in Cycle 5.
Staff applied the Commission adopted methodology to the unfunded projects and submitted the
list of recommended MPO projects to SCAG for adoption, as shown in Table 3. Only one
NI/planning project received a minimum score of 80 points. The remaining balance of $1.8 million
from NI and planning is distributed to implementation projects and will help partially fund city of
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Agenda Item 6G
Riverside’s Riverside Civil Rights Walk project. City of Riverside is providing a contribution of
$576,000 to fully fund the project. See Attachment 1 for the complete list of awarded projects
for ATP Cycle 6.
Table 3: Riverside County MPO Projects Recommended for ATP Award
Agency Project ATP Award Total Project
Cost
CTC Score/
RCTC Score
Riverside County
– Public Health
Riverside County Safe
Routes for All - City of
Moreno Valley
$442,000 $442,000 87/NA
Desert Hot
Springs
Hacienda Avenue East SRTS
Phase II Improvement
Project
$8,422,000 $9,922,000 89/102
Eastvale
Bike Network Gap Closure
& Class I Connectivity in
Eastvale
$13,513,000 $16,981,000 80/100
Menifee Harvest Valley Elementary
Safe Routes to School $4,354,000 $5,230,000 89/96
Desert Hot
Springs
Palm Drive Improvements -
I-10 to Camino Avenue $8,975,000 $9,973,000 76/96
Riverside
Five Points Neighborhood
Pedestrian Safety
Improvements
$6,525,000 $7,416,000 88/91
Moreno Valley ADA Curb Ramps
Remediation Project $1,523,000 $1,523,000 84/91
Riverside Riverside Civil Rights Walk $2,640,000 $3,216,000 80/87
Staff also worked with SCAG and CTC staff to request state-only ATP funds for two projects that
cleared environmental. Staff will work with project sponsors to program the projects into the
Federal Transportation Improvement Program and coordinate with project sponsors on timely
allocation of ATP funds to ensure successful delivery of these critical active transportation
projects in Riverside County.
FISCAL IMPACT:
ATP funds are administered through the CTC, Caltrans, and the Federal Highway Administration.
The Commission is not a recipient of these MPO ATP funds; therefore, there is no fiscal impact to
the Commission’s budget.
Attachment: Riverside County ATP Cycle 6 Award List
249
Agency Project Name
Total
Project Cost ATP Request Recommend
Funding Amount PA/ED PS&E ROW CON CON‐NI Plan 23/24 24/25 25/26 26/27
STATE
Score
Jurupa Valley
Jurupa Valley Mira Loma Area SRTS
Sidewalk Gap Closure 3,499$ 3,499$ 3,499$ 10$ 379$ 3,110$ 389$ 3,110$ 97
Riverside County Desert Edge Mobility Plan 300$ 300$ 300$ 300$ 300$ 96
CVAG Coachella Valley Arts & Music Line 46,099$ 36,483$ 36,483$ 36,483$ 36,483$
92
Jurupa Valley
Jurupa Valley Agate Street Complete Streets
Project 1,272$ 1,272$ 1,272$ 10$ 130$ 1,132$ 140$ 1,132$ 90
Jurupa Valley
Jurupa Valley Granite Hill SRTS Sidewalk
Gap Closure 4,240$ 3,390$ 3,390$ 60$ 430$ 2,900$ 490$ 2,900$ 90
TOTAL 55,410$ 44,944$ 44,944$
$2,320
Agency Project Name
Total
Project Cost
ATP Request Recommend
Funding Amount PA/ED PS&E ROW CON CON‐NI Plan 23/24 24/25 25/26 26/27
STATE
Score
Riverside County
Public Health
Riverside County Safe Routes for All ‐ City of
Moreno Valley 797$ 797$ 442$ 442$ 442$
87
TOTAL 797$ 442$
Remaining Capacity to Implementation 1,878$
Riverside County
Public Health
Riverside County Safe Routes for All ‐ Palm
Springs 630$ 630$ 630$ 630$
78
Riverside County
Public Health
Riverside County Safe Routes for All ‐
Cathedral City 820$ 820$ 820$ 820$
78
Riverside County Lakeview/Nuevo Mobility Plan 300$ $ 300 $ 300 300$ 75
Riverside
Riverside's Fifty Individualized SRTS Studies
and Safety Circulation Plans 1,708$ 1,708$ 1,708$ 1,708$ 71
Corona Update to Corona's Bicycle Master Plan 500$ 500$ 500$ 500$ 69
TOTAL 4,755$ 4,755$
Agency Project Name
Total
Project Cost
ATP Request Recommend
Funding Amount PA/ED PS&E ROW CON CON‐NI Plan 23/24 24/25 25/26 26/27
MPO
Score
STATE
Score
MPO
points
CON‐
Only
6 pts
CON
first 3
years
4 pts
PAED
complete or
started
3 or 7 pts
Plan
3 pts
Desert Hot
Springs
Hacienda Avenue East SRTS Phase II
Improvement Project 9,922$ 8,422$ 8,422$ 8,422$ 8,422$ 102 89 13 6 4 0 3
Eastvale
Bike Network Gap Closure & Class I
Connectivity in Eastvale 16,981$ 13,513$ 13,513$ 13,513$ 13,513$ 100 80 20 6 4 7 3
Menifee
Harvest Valley Elementary Safe Routes to
School 5,230$ 4,354$ 4,354$ 124$ 417$ 1,066$ 2,747$ 1,607$ 2,747$ 96 89 7 0 4 0 3
Desert Hot
Springs
Palm Drive Improvements ‐ I‐10 to Camino
Avenue 9,973$ 8,975$ 8,975$ 8,975$ 8,975$ 96 76 20 6 4 7 3
Riverside
Five Points Neighborhood Pedestrian Safety
Improvements 7,416$ 6,525$ 6,525$ 1,134$ 5,391$ 1,134$ 5,391$
91 88 3 0 0 0 3
Moreno Valley ADA Curb Ramps Remediation Project 1,523$ 1,523$ 1,523$ 100$ 170$ 1,253$ 270$ 1,253$ 91 84 7 0 4 0 3
Riverside Riverside Civil Rights Walk 3,216$ 3,216$ 2,640$ 200$ 75$ 2,941$ 200$ 75$ 2,941$ 87 80 7 0 4 0 3
TOTAL 46,528$ 45,952$
Riverside County ATP Cycle 6 Projects (000s)
Implementation Projects
Planning and Non‐infrastructure Projects
Total Capacity: $45,952
UNFUNDED Planning and Non‐infrastructure Projects
Set Aside:
Set Aside $44,074
Statewide Awarded Projects
250
Riverside Mitchell Avenue Sidepath Gap Closure 7,465$ 6,756$ 245$ 2,516$ 3,995$ 245$ 2,516$ 3,995$ 86 83 3 0 0 0 3
Palm Desert
Palm Desert Bicycle/Low Speed Electric
Vehicle Route 3,488$ $ 3,218 3,011$ 207$ 3,011$ 207$ 85 65 20 6 4 7 3
Menifee
Romoland Elementary Safe Routes to
School 5,561$ 4,880$ 131$ 527$ 4,222$ 658$ 4,222$ 84 77 7 0 4 0 3
Desert Hot
Springs Desert Hot Springs CV Link Extension Project 35,312$ 31,676$ 31,676$ 31,676$ 86 66 20 6 4 7 3
Wildomar
Mission Trail & Bundy Canyon Community
Connections 20,876$ 20,666$ 100$ 1,480$ 720$ 18,304$ 62$ 162$ 2,200$ 18,304$ 79 76 3 0 0 0 3
Wildomar
Mission Trail Sedco neighborhood Active
Transportation Project 3,499$ 3,499$ 35$ 350$ 3,105$ 9$ 35$ 359$ 3,105$ 79 72 7 0 4 0 3
Riverside County
Meca‐North Shore Community Connector
Bike Lanes 13,167$ $ 11,785 100$ 293$ 75$ 11,317$ 100$ 368$ 11,317$ 77 77 0 0 0 0 0
Temecula Temecula Creek Southside Trail Gap
Closure $ 7,354 $ 5,810 5,810$ 5,810$ 77 61 16 6 4 3 3
Moreno Valley
Roadway Widening and Bicycle Lane
Improvements 1,794$ 1,794$ 70$ 250$ 1,474$ 320$ 1,474$ 66 62 4 0 4 0 0
Coachella Connecting Coachella 15,314$ 15,114$ 1,500$ 13,614$ 1,500$ 13,614$ 65.5 55.5 10 0 4 3 3
Moreno Valley
Pedestrian and Bicycle Bridge Connectivity
Project 983$ 983$ 50$ 120$ 15$ 798$ 185$ 798$
56 52 4 0 4 0 0
Riverside County
Hemet Area Safe Routes to School Sidewalk
Project 2,299$ $ 2,069 120$ 340$ 1,609$ 460$ 1,609$ 46 46 0 0 0 0 0
Indio
Jewel Community Complete Streets
Improvements 6,943$ 5,896$ 170$ 849$ 4,877$ 170$ 849$ 4,877$ 39 32 7 0 4 0 3
Corona Corona Citywide Sidewalk Gap Closure 2,311$ 2,311$ 110$ 300$ 1,901$ 410$ 1,901$ 28 21 7 0 4 0 3
Moreno Valley
Citywide Video Detection System and
Audible Pedestrian Signal Upgrades 1,366$ 1,366$ 30$ 50$ 1,286$ 80$ 1,286$ 24 20 4 0 4 0 0
Moreno Valley Enhancement of Juan Bautista Trail 1,973$ 1,973$ 75$ 200$ 1,698$ 275$ 1,698$ 7 7 0 4 0 3
TOTAL 29,712$ ‐$
UNFUNDED Implementation Projects
251
AGENDA ITEM 6H
Agenda Item 6H
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: David Knudsen, External Affairs Director
THROUGH: Aaron Hake, Executive Director
SUBJECT: State and Federal Legislative Update
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission to take the following action(s):
1) Receive and file a state and federal legislative update.
State Update
Progressive Design-Build Legislation
Staff are working with the Self-Help Counties Coalition in an effort to introduce legislation to
explicitly authorize use of progressive design-build by regional transportation agencies such as
RCTC to deliver projects. The progressive design-build procurement approach would allow for
RCTC to retain a design-builder earlier in the project delivery process based primarily on
qualifications to provide preconstruction services, as well as final design and construction
services, for projects such as the I-15 Express Lanes Project Southern Extension.
Transit Intercity Rail Capital Program Application
RCTC, in partnership with Metrolink, is seeking $15.5 million in Transit Intercity Rail Capital
Program (TIRCP) funding for the Metrolink Double Track Project: Moreno Valley to Perris. This
funding will enable RCTC to complete the project and provide greater access to multimodal
transportation options for the growing communities of the Perris Valley. RCTC received 19 letters
of support for the funding request provided by state elected officials, local municipalities, as well
as business and community organizations. The California State Transportation Agency is
anticipated to announce awards on April 24, 2023.
Policy Discussions
On January 19, 2023, staff met with staff from the Office of Assemblymember Laura Friedman
and the Assembly Transportation Committee to discuss the status of AB 6 and AB 7. In that
meeting, staff reinforced RCTC’s willingness to be solutions oriented as the text of the two bills
take shape. On February 9, 2023, Assemblymember Friedman and Sacramento Mayor Darrell
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Agenda Item 6H
Steinberg held the first of what is expected to be several workshops to hear from transportation
and relevant stakeholder groups about how to identify ways to meet the State’s climate action
goals. In advance of the workgroup meeting, “Problem Principles” were identified by
Assemblymember Friedman, including:
• Reducing vehicle miles traveled;
• Increasing mobility options such as public transit, walking and biking;
• Reviewing land use decision-making;
• Enforcing existing state laws such as SB 375 (Steinberg, 2008) and SB 743 (Steinberg,
2013); and
• Looking at ways to use transportation to connect communities.
While RCTC was not invited to this initial meeting, however the Self-Help County Coalition
Executive Director did participate representing RCTC and self-help counties across California.
Staff continue to meet with offices of Riverside County’s legislative delegation to discuss
transportation-related legislation and RCTC priority projects. Earlier this month, staff also met
with the Office of Assemblymember Greg Wallis as well as Assemblymembers Sabrina Cervantes
and Bill Essayli.
Federal Update
Following the State of the Union Address in February, President Biden is expected to release his
Fiscal Year 24 budget the week of March 6, 2023. The submission of the budget to Congress kicks
off the start of the annual appropriations process. Staff is anticipating Community Project
Funding opportunities through the appropriations process and will work with the Riverside
County delegation on these requests over the next several weeks.
FISCAL IMPACT:
This is a policy and information item. There is no fiscal impact.
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AGENDA ITEM 7
Agenda Item 7
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Sergio Vidal, Chief Financial Officer
THROUGH: Aaron Hake, Deputy Executive Director
SUBJECT: Proposed Policy Goals and Objectives for Fiscal Year 2023/24 Budget
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission to take the following action(s):
1) Review and approve the proposed Commission Policy Goals and Objectives for the Fiscal
Year (FY) 2023/24 Budget; and
2) Review and approve the Fiscal Accountability Policies for the FY 2023/24 Budget.
BACKGROUND INFORMATION:
The initial step in the budget process is to develop policy goals and objectives for the upcoming
fiscal year consistent with the Commission’s overall strategic direction. Furthermore, the
adoption of the Commission Policy Goals and Objectives (Goals) along with the Fiscal
Accountability Policies (Policies) for the annual fiscal year budget provides an opportunity to
match the Commission’s spending priorities in a manner that implements commitments made to
the citizens of the County of Riverside in the Measure A Expenditure Plan along with fulfilling
other Commission responsibilities. The Commission FY 2023/24 Goals and Policies also reflects
feedback received from the recent Commission workshop held in February 2023, along with
minor administrative changes from the prior year’s approved FY 2022/23 Goals and Policies.
The Commission is driven by four core objectives for the people of Riverside County and the
transportation system upon, which they rely:
• Quality of life;
• Operational excellence;
• Connecting the economy; and
• Responsible partner
Summary of the changes by objectives are as follows:
• Quality of life
o Solutions in mitigating truck congestion, while also reimagining goods
movement
o Enhancing public engagement strategies
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Agenda Item 7
• Operational Excellence
o Seek to engage customers in a transparent and easily accessible manner
• Connecting the Economy
o Administrative changes
• Responsible Partner
o RCTC will seek to form partnerships with public and private stakeholders
ensuring support for projects, relief from regulatory restrictions, and
developing solutions for shared challenges
Additionally, the fiscal accountability policies that promote fiduciary responsibility and
organizational excellence are summarized in six categories:
• Financial planning;
• Revenues;
• Expenditures/expenses;
• Debt management;
• Cash management; and
• Accounting and financial reporting.
The Commission Policy Goals and Objectives will be linked to the individual department goals and
objectives included within the FY 2023/24 Budget, and the Fiscal Accountability Policies will guide
the development and monitoring of the FY 2023/24 Budget.
FISCAL IMPACT:
There is no fiscal impact related to the approval of the Commission Policy Goals and Objectives
and the Fiscal Accountability Policies for the FY 2023/24 Budget. The fiscal impact will be
determined upon adoption of the FY 2023/24 Budget during the upcoming June 2023
Commission meeting.
Attachments:
1) Proposed Commission Policy Goals and Objectives – FY 2023/24
2) Fiscal Accountability Policies - FY 2023/24
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Policy Goals and Objectives
As approved at its March 8, 2023, meeting, the Commission is driven by four core mission
statements and underlying goals for the residents of Riverside County and the transportation
system upon which they rely:
QUALITY OF LIFE
RCTC is focused on improving life for the people of Riverside County and empowering them to live
life at their pace.
Choice RCTC empowers the residents of Riverside County to choose how to safely get
to where they are going.
Environmental
Stewardship
RCTC protects and preserves the County’s environment for its residents.
Mobility RCTC provides access, equity, and choice in transportation; RCTC is a
multimodal mobility partner.
Equity
RCTC supports transportation services and projects that address inequities,
especially those in rural, low-income, and disadvantaged communities.
Access
RCTC projects and programs are the connection to employment, housing,
schools, community institutions, parks, medical facilities, and shopping in the
region, and should be equitably accessible to all communities served.
Goods Movement
RCTC facilitates the funding and delivery of projects that mitigate the impact
of increased goods movement flow through Riverside County and advocates
for a reasonable balance between the need to maintain the supply chain and
to protect public health. Also, identifies solutions to reduce truck congestion
and the community impacts from the flow of goods from nearby ports.
Public Engagement RCTC is committed to engaging Riverside County residents through ongoing
two-way communication and public outreach.
OPERATIONAL EXCELLENCE
RCTC is a responsible and conservative steward of taxpayer dollars.
State of Good Repair RCTC invests in road safety and maintenance in its residents’ neighborhoods
and sustainable practices to maintain its stations and facilities.
Promises Fulfilled Projects are completed on-time, on-budget; RCTC delivers on its promises as a
steward of Riverside County residents’ investment.
Efficiency RCTC operates in an efficient and cost-effective manner.
Innovation RCTC seeks to implement innovative transportation solutions.
Information RCTC seeks to provide information to the public that is transparent and easily
accessible; ensure customers receive prompt, dependable, and quality
service.
ATTACHMENT 1
256
CONNECTING THE ECONOMY
RCTC is a driver of economic growth in Riverside County.
Workforce Mobility
RCTC improves the economy by creating a robust workforce-to-workplace
system; RCTC fosters workforce development by improving transportation
access from housing, to employment, and education centers.
Population Growth
Since 1976, RCTC has been responsible for connecting the County’s economy
as the County’s population has quadrupled from 550,000 to over 2.5 million
today. RCTC is sensitive to each geographic area’s unique needs.
Economic Impact
RCTC has invested over $4.5 billion in the County’s economy thanks to Measure
A and toll revenues, which has a multiplier impact in terms of jobs and
economic opportunity throughout Riverside County.
RESPONSIBLE PARTNER
RCTC partners with local, tribal, regional, and state governments to deliver transportation projects
and programs.
Streets and Roads RCTC has invested over $1.4 billion in local priorities for maintaining streets and
roads and fixing potholes.
Transit RCTC partners with transit operators to provide residents mobility choices,
flexibility, intercity and intercounty connectivity, and access—especially
during a post-pandemic recovery.
Active Transportation
Facilities
RCTC continually improves its stations for better bicycle and pedestrian access
and partners with agencies within the County to promote active
transportation alternatives, including the building of regional trails and bicycle
and pedestrian facilities in accordance with local general master and active
transportation plans.
Grants RCTC is a steward of state and federal grants to leverage Measure A dollars
and improve mobility for our communities.
Local Measure A Value RCTC invests Measure A dollars into projects and programs that benefit local
communities throughout the County.
Partnerships
RCTC will strive to form partnerships with key stakeholders in both the public
and private sector. The goal of collaborating with other entities is to ensure
support for projects and programs, relief from regulations, and to find solutions
for shared challenges.
Staff used these core mission statements and goals to prepare this budget and develop the
following short-term objectives to further guide the planning for the FY 2023/24 budget.
Capital Project Development and Delivery
• Continue preliminary engineering, design, right of way acquisition, and/or construction of
projects included in the Western County Highway Delivery Plan, and projects to improve
operations of Metrolink commuter rail service.
• Continue to support operations planning and design of projects led by other agencies.
• Continue as lead agency for partner agency projects, closeout the I-15/Railroad Canyon
Interchange project, commence preliminary engineering of the I-10/Highland Springs Avenue
Interchange project, and continue environmental clearance and design efforts for the Santa
Ana River Trail.
• Consider opportunities to implement technology-based strategies, or Smart Freeway projects,
to manage traffic, reduce congestion and pollution, increase safety, and improve the quality
of commutes. Finalize plans, specifications and estimates for the Smart Freeway project on I-
15 in Temecula.
257
• Maintain and enhance communication and collaboration with the California Department of
Transportation (Caltrans) to improve the Commission’s ability to deliver critical projects.
• Collaborate with local jurisdictions to implement Transportation Uniform Mitigation Fee (TUMF)
regional arterial program projects and facilitate the delivery of eligible arterial improvements
in western Riverside County (Western County).
• Continue active engagement in state and federal efforts to streamline and modernize the
California Environmental Quality Act (CEQA) and the National Environmental Policy Act
(NEPA) to improve the Commission’s ability to deliver critical projects.
Operations
• Efficiently operate the 91 and 15 express lanes and achieve high customer satisfaction through
reduction in congestion, mobility improvements, and management of demand.
• Efficiently and cost effectively operate the commuter rail stations and facilities and 91/Perris
Valley Line (PVL) rail corridor to ensure reliable high quality commuter rail service.
• Efficiently provide motorist assistance services so that motorists can conveniently travel and
use transportation facilities as safely as possible.
Regional Programs
• Proactively engage state and federal legislators and agencies to advance principles
identified in the adopted Legislative Platform to ensure that the Commission receives
consideration for transportation projects and funding key to regional need and mobility
choice.
• Monitor transit trends and the associated economic, social, and public health factors that
impact ridership and create barriers to transit growth.
• Subsidize reliable and cost-effective Metrolink commuter rail service to and from Riverside
County; SCRRA is the operator of Metrolink.
• Provide continued leadership in the planning and development for the Coachella Valley-San
Gorgonio Pass Rail Corridor Service (CV Rail).
• Support innovative programs that provide transit assistance in rural areas or for riders with
special transit needs.
• Promote cost controls and operating efficiency for transit operators.
• Maintain effective partnerships among commuters, employers, and government to increase
the efficiency of our transportation system by encouraging and promoting telework and
motorized and non-motorized transportation alternatives such as vanpools.
Management Services
• Maintain close communication with Commissioners and educate policy makers on all issues
of importance to the Commission including Measure A.
• Develop and execute a communication, public information, and community engagement
strategy for the purposes of education, partnership building, information sharing, and
customer service.
• Maintain administrative program delivery costs below the policy threshold of 4% of Measure A
revenues; the FY 2023/24 Management Services budget is % of Measure A revenues.
• Maintain administrative salaries and benefits at less than 1% of Measure A revenues; the FY
2023/24 administrative salaries and benefits is % of Measure A revenues.
• Maintain prudent cash reserves to provide some level of insulation for unplanned expenditures
or economic downturns.
• Maintain strong bond ratings with rating agencies.
• Establish and maintain revenues and reserves generated from toll operations to be available
for debt service in accordance with toll supported debt agreements; maintenance, repair
and rehabilitation, administration, operations; and capital projects within the corridor.
258
Linking Commission and Departmental Mission Statements
The following matrix (Table 1) illustrates the linkage of the Commission’s core mission statements
described in this section to the individual departmental mission statements included in each
department’s section.
Table 1 – Relationship between Commission and Departmental Mission Statements
Department Quality
of Life
Operational
Excellence
Connecting
the Economy
Responsible
Partner
Management Services
Executive Management X X X X
Administration X
External Affairs X X X X
Finance X
Regional Programs
Planning and Programming X X X X
Rail Maintenance and Operations X X X X
Public and Specialized Transit X X X X
Commuter Assistance X X X X
Motorist Assistance X X X X
Regional Conservation X X X X
Capital Project Development and
Delivery X X X X
Toll Operations X X X X
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Financial Overview
Fiscal Accountability Policies
As the steward of local, state, and federal resources, RCTC maintains financial policies that
promote fiduciary responsibility and organizational excellence.
Financial Planning
Balanced Budget RCTC adopts an annual budget in which operating, and capital
expenditures and other financing uses are equal to or less than identified
revenues and other financing sources as well as available fund balances.
Administration Allocations from local and state sources and toll operations fund
administrative costs, including salaries and benefits.
o Administrative salaries and benefits cannot exceed 1% of Measure A
sales tax revenues.
o Administrative costs will not exceed 4% of Measure A sales tax revenues
(inclusive of the 1% salary limitation).
Retirement Benefits RCTC contributes 100% of the annual requirement related to its
proportionate share of the net pension liability and for postretirement health
care benefits.
Capital Projects Multi-year capital projects are consistent with the strategic plan and
budgeted by fiscal year, based on best available estimates.
Reserves RCTC establishes and maintains reserves in accordance with Measure A
and TDA policies as well as existing debt agreements.
Revenues
Sales Tax RCTC prepares annual and mid-year revised revenue projections to ensure
use of current and relevant data; staff may adjust amounts during the
budget process to reflect current economic trends.
Tolls RCTC-adopted policies establish congestion pricing to optimize throughput
on toll facilities while generating revenue to meet all financial commitments
related to:
o Debt issued to construct or repair any portion of the toll facility, payment
of debt service, and satisfaction of other covenants and obligations
related to indebtedness of the toll facility, including applicable reserves;
o Development, maintenance, repair, rehabilitation, improvement,
reconstruction, administration, and operation of the toll facilities,
including toll collection and enforcement and applicable reserves; and
o Projects within the corridor that generated the revenue.
Funding Sources RCTC uses local funding sources to maximize federal and state funding of
projects.
Sale of Properties RCTC returns proceeds from the disposition of excess properties to the
programs that provided the funding sources for the property acquisition.
Expenditures/Expenses
Priorities RCTC reviews established priorities for planning and programming of capital
projects annually.
Accountability RCTC compares actual expenditures/expenses to the budget on at least a
quarterly basis and appropriately notes, explains, and justifies significant
deviations.
Procurement RCTC ensures competitive, transparent, objective, and fair procurement
selection processes in accordance with policies adopted on February 10,
2021.
ATTACHMENT 2
260
Capital and Intangible
Assets
On a government-wide basis, RCTC records capital and intangible assets at
historical costs, estimated historical costs if purchased or constructed, or
estimated fair value at date of donation. RCTC maintains such assets in a
state of good repair and safeguards them from misuse and
misappropriation.
o RCTC does not capitalize infrastructure, which title will be vested with
Caltrans or another governmental agency.
o RCTC depreciates capital and amortizes intangible assets over the
estimated useful life or service concession term.
Debt Management
Debt Limitation Outstanding sales tax revenue debt cannot exceed $975 million, in
accordance with Measure K approved by a majority of the voters in
November 2010; RCTC can issue toll-supported debt for specific highway
projects based on amounts authorized by the Commission.
Management RCTC maintains and updates the Debt Management Policy, as adopted on
March 11, 2020, and Interest Rate Swap Policy, as adopted July 12, 2006, for
matters related to sales tax revenue and toll-supported indebtedness.
Coverage RCTC maintains a minimum debt service coverage ratio of 2.0x on all senior
sales tax revenue debt and 1.3x on all toll-supported debt.
Issuance RCTC issues debt for major capital projects including engineering, right of
way, construction, and design-build; RCTC will not finance operating
requirements except for initial toll operations. Costs of issuance, including
the standard underwriter’s discount, do not exceed 2% unless specifically
authorized.
Maturity All sales tax revenue debt matures prior to the termination of 2009 Measure
A on June 30, 2039; all toll-supported debt matures prior to the expiration of
toll facility agreements.
Cash Management
Management RCTC invests funds in order of priority (safety, liquidity, and yield) in
accordance with the Investment Policy, adopted on December 14, 2022,
or debt agreements.
Receipts Where possible, RCTC encourages receipt of funds by wire or electronic
funds transfer to its accounts.
Payments RCTC remits cash disbursements to local jurisdictions and
vendors/consultants in a timely manner.
Operating Balances RCTC maintains amounts in the bank operating account at the amount
necessary to meet monthly expenditures/expenses.
Accounting and Financial Reporting
Accounting System RCTC maintains an ERP system that integrates project and toll operations
accounting needs and improves accounting efficiency.
Reporting RCTC issues an annual financial report; separate financial reports for the LTF,
STA, Proposition 1B Rehabilitation and Security Project Accounts, SB 1 SGR
Program, Low Carbon Transit Operations Program (LCTOP), and toll
operations; and the State Controller’s Transportation Planning Agency
Financial Transactions Report and Government Compensation in California
Report.
Audits An independent accounting firm conducts an annual audit of the
Commission’s accounting books and records; RCTC obtains audits of
Measure A and TDA funding recipients for compliance and other matters in
a timely manner.
261
Functional Management
Unlike many governments that provide direct services to the public, the Commission’s overall
responsibility is to manage transportation planning and funding for the County. As a result, its
budget in terms of dollars, is comprised primarily of capital-related programs and projects; the
operating component of the budget is related to toll operations, multimodal programs (transit
planning, rail operations, and commuter and motorist assistance services), and regional
conservation. Management services, consisting of executive management, administration,
external affairs, and finance, provide support to both capital and operating programs and
projects. Chart 9 depicts the organization of the Commission’s oversight and management
functions.
Chart 9 – Functional Organization Chart FY 2023/24
MSHCP
Goods Movement
Station
Maintenance
TUMF Program
Property
Management
Regional
Transportation Plan
State Transportation
Improvement
Program
Financing
Transit Planning
Congestion
Management
Clerk of the Board
& Board Relations
Claims
Administration
Human Resources
Administration
Media Relations
Public Information
& Communications
Regional
Conservation
Legal Counsel
Highway & Rail
Capital Programs
Executive Management
Finance External Affairs Multimodal
Programs
RCTC Board of Commissioners
RCA Board of Directors
Toll System
Investment Management
Debt Management
New Corridors
Insurance Administration
Development
Operations
Information
Technology
Capital Project
Development &
Delivery
Policy Committees
• WRC Programs & Projects
• Toll Policy & Operations
• Budget & Implementation
Advisory Committees
• Technical Advisory
• Citizens Advisory
Executive Committee
Budget Development
Contract Management &
Procurement
Disadvantaged Business
Enterprise
Financial Management
Legislative
Advocacy &
Analysis
Public Information
& Communications
Call Box Program
Commuter
Assistance
Freeway Service
Patrol
Rail OperationsOffice & Records
Management
Community
Engagement
262
Chart 10 illustrates the relationship between the Commission’s functional management or
departments and the Commission’s fund structure.
Chart 10 – Relationship of Functional Management and Fund Structure
Budget Process
The budget is the primary performance tool used to measure and control accountability of public
agencies for taxpayer dollars. The budget communicates to all stakeholders (i.e., elected officials,
regional agencies, and citizens) how the investment they made will be used by providing detailed
information on the specifics of resource allocation and uses. The Commission monitors progress
monthly, and it makes revisions and updates as necessary to reflect changing dynamics and
accommodate unplanned requests. This results in a budget document that is useful and
meaningful as a benchmark against which to evaluate government accomplishments and/or
challenges and to assess compliance with fiscal accountability.
The budget process consists of six primary tasks conducted in phases throughout the fiscal year.
Chart 11 illustrates the budget process for the development of the FY 2023/24 budget and
monitoring of the FY 2022/23 budget. Each task is summarized below.
Chart 11 – Budget Process
General Fund
Special
Revenue
Fund
Debt Service
Fund
Management Services
Executive Management X
Administration X
External Affairs X
Finance X X X
Regional Programs
Planning and Programming Services X X
Rail Maintenance and Operations X X
Public and Specialized Transit X X
Commuter Assistance X
Motorist Assistance X
Regional Conservation X
Capital Projects Development and Delivery X X X
Toll Operations
Capital
Projects Fund Enterprise Fund
X
Functional Management/Department
J A S O N D J F M A M J
1 Short Term Strategic
Direction Phase 140 days
2 Resource Identification and
Allocation Phase 200 days
3 Needs Assessment Phase 120 days
4 Development and Review
Phase 150 days
5 Adoption and
Implementation Phase 60 days
6 Budget Roles and
Responsibilities 366 days
ID Task Name Duration 2022 2023
263
Short-Term Strategic Direction Phase
The first phase of the budget process is to determine the direction of the Commission in the short-
term and to integrate this with the Commission’s long-term goals and objectives, including the
Western County Delivery Plan as updated and discussed in the Capital Project Development and
Delivery department section. Annually, a workshop is held for the Board to evaluate and
determine where the Commission plans to be and what it desires to accomplish over the next five
to 10 years. The Commission held a workshop recently in February 2023. Priorities identified by
Commissioners include but not limited to the following: Need to update the Traffic Relief Plan and
identify a method towards funding recognized projects and initiatives; prioritize
traffic/congestion/bottlenecks/projects/goods movement related projects; match growth with
capacity and utilize it more effectively; form strategic partnerships with key stakeholders; develop
job creation and retention ideas; and educate the public on existing transportation options.
Annual reviews allow for timely responsiveness to any significant political, legislative, or economic
developments that may occur locally, statewide, or nationally. Staff then adjusts its course based
on the long-term strategic direction of the policy makers.
Staff convenes beginning in early January to both assess actual results, compared to the current
year budget, and map changes in strategy for the ensuing fiscal year. Additionally, staff reviews
and, if necessary, updates Commission goals and departmental mission statements. Those goals,
upon review by the Board, become the Commission's short-term strategic direction.
Resource Identification and Allocation Phase
Simultaneous with the short-term strategic direction phase, staff focuses on available funding
sources and estimated carryover amounts from the current year. The Commission analyzes its fund
balances, the excess of fund assets over fund liabilities, for available appropriation in the following
fiscal year. Resource identification occurs throughout the year, but it is finalized in the upcoming
fiscal year budget. In connection with the long-term strategic planning process, the Commission
determines borrowing needs, but it adjusts such amounts in the annual budget to reflect current
information.
Needs Assessment Phase
Staff and consultants evaluate projects and studies for consideration in the next year. Project
priority and sequencing set in the long-term strategic plan are the top candidates for budget
submission. However, priorities may have changed due to economic necessities or political
realities, resulting in rescheduling projects by acceleration or postponement. The Commission may
add new projects or delete existing priorities.
Development and Review Phase
Using all the data and information gathered from the previously mentioned stages, department
managers submit their desired budgets to the Finance Department. Finance staff compiles the
information, along with staff and overhead allocations, into a preliminary or draft budget. After
review by the Executive Director and inclusion of the desired changes, staff presents the draft
budget to the Board for input.
264
Adoption and Implementation Phase
Staff submits the proposed budget to the Commission no later than its June meeting, and the
Commission conducts a public hearing to allow for public comment on the proposed budget. The
Commission may choose, after the public hearing, to adopt the budget or to request additional
information and/or changes to the budget. The budget, including the salary schedule, must be
adopted no later than June 15 of each year. Upon adoption by the Commission, staff enters the
budget into the ERP system effective July 1 for the next fiscal year.
Budget Roles and Responsibilities
Involvement in the budget permeates all staffing levels at the Commission, as presented in the
staff organization chart in Appendix B, from clerical support staff to policy makers. Each program
manager develops a detailed line-item budget that consists of the operating and/or capital
components and submits those budgets, by program, to the department director for review and
concurrence. While all departments have operating components, Rail station operations and
maintenance and Toll Operations represent the Commission’s primary operation functions that
consider long-range planning. Details on these operations are included in the Rail and Toll
Operations department sections, respectively. The department managers submit their budgets to
the Chief Financial Officer by mid-March, and the Finance Department compiles the department
budgets. Both the capital and operating budgets are combined into the draft budget for the
entire Commission. The Chief Financial Officer and Executive Director review the entire budget for
overall consistency with both the short- and long-term strategic direction of the Commission,
appropriateness of funding sources for the identified projects and programs, and reasonableness
of the operating and capital budget expenditures/expenses.
Expenditure/expense activities of the funds are controlled at the budgetary unit, which is the
financial responsibility level (General, Measure A, Motorist Assistance, LTF, STA, TUMF, Other
Agency Projects, Capital Projects, Debt Service Funds, and Enterprise Fund) for each function (i.e.,
administration, operations, programs, intergovernmental distributions, debt service, capital outlay,
and other financing uses). These functions provide the legal level of budgetary control (i.e., the
level at which expenditures/expenses cannot legally exceed the appropriated amount).
Budget-to-actual reports are available to program managers and directors on a real-time basis
through the ERP system for informational and management purposes, including identification and
evaluation of any significant budget variations. During the fiscal year, management has the
discretion to transfer budgeted amounts within the fiscal responsibility unit according to function
or may provide support for supplemental budget appropriations requests including reallocating
budget authority between/across all Commission fund types if the overall authorized Commission
approved budget authority is not increased. Supplemental budget appropriation requests that
increase approved budget authority amount, require the authorization of the Commission. The
Commission may act at any monthly meeting to amend the budget. In some years, the Finance
Department may compile miscellaneous requests and submit a budget appropriations
adjustment at mid-year to the Commission for approval. Those budget amendments approved
by the Commission are incorporated into the budget, as they occur, and are reflected in the
annual financial report in the final budget amounts reported in the budgetary schedules.
265
PROPOSED POLICY GOALS AND RELATED FISCAL POLICIES FOR FY 2023/24
FY 2023/24 Budget
Sergio Vidal, Chief Financial Officer
Budget and Implementation Committee
February 27, 2023
1
Budget Development
FY 2023/24 BUDGET
2
Commission Goals and Policies
•Core goals and
objectives
•Guiding fiscal
policies
Department Goals and Objectives
•Specific to
department or
program
•Correlate to
core goals and
objectives
Budget Development and Adoption
•Public hearings
open in May
•Adopt budget
by June 15
Commission Goals and Fiscal Policies
Commission Goals and Objectives
FY 2023/24 BUDGET
3
Quality of Life
•Choice
•Environmental
Stewardship
•Mobility
•Equity
•Access
•Goods
Movement
Operational
Excellence
•State of Good
Repair
•Promises
Fulfilled
•Efficiency
•Innovation
•Information
Connecting the
Economy
•Workforce
Mobility
•Population
Growth
•Economic
Impact
Responsible
Partner
•Streets and
Roads
•Transit
•Active
Transportation
•Grants
•Local Measure
A Value
Commission Goals and Fiscal Policies
Commission Goals and Objectives –
Updated for FY 2023/24
FY 2023/24 BUDGET
4
Quality of Life
•Solutions in
mitigating truck
congestion, while
also reimagining
goods
movement;
•Enhancing Public
engagement
strategies
Operational
Excellence
•Seek to engage
customers in a
transparent and
easily accessible
manner
Connecting the
Economy
•Administrative
Changes
Responsible
Partner
•RCTC will seek to
form partnerships
with public and
private
stakeholders
ensuring support
for projects, relief
from regulatory
restrictions, and
developing
solutions for
shared
challenges
Commission Goals and Fiscal Policies
Short-Term Objectives
FY 2023/24 BUDGET
5
Capital
Project
Development
and Delivery
Operations Regional
Programs
Management
Services
FY 2023/24
Budget
Commission Goals and Fiscal Policies
Commission Goals and Fiscal Policies
Guiding Fiscal Policies
FY 2023/24 BUDGET
6
Financial planning
Revenues
Expenditures/expenses
Debt management
Cash management
Accounting and reporting
Commission Goals and Fiscal Policies
Next Steps
FY 2023/24 BUDGET
7
Final Budget
May 22 –B&I reviews budget June 14 –Commission closes public hearing and
adopts budget
Draft Proposed Budget
April 24 –B&I reviews Executive Summary May 10 –Commission opens public hearing and
reviews Executive Summary
Development of Budget
Departmental budgets, including linkage to
Commission goals and objectives
Compilation and review of budgets consistent with
fiscal policies
AGENDA ITEM 8
Agenda Item 8
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Jillian Guizado, Planning and Programming Director
THROUGH: Aaron Hake, Deputy Executive Director
SUBJECT: Formula Funding Distribution within Riverside County
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Approve Agreement No. 23-66-052-00, a Memorandum of Understanding (MOU)
between the Commission and the Coachella Valley Association of Governments (CVAG)
to outline certain formula funding distributions as follows:
a. Measure A – Distribute Measure A funds as directed in the Measure A
Ordinance and Expenditure Plan approved by Riverside County voters in
2002;
b. Local Transportation Fund Planning – Distribute Local Transportation
Fund (LTF) Planning funds to CVAG following RCTC-adopted distribution
formula;
c. State Transportation Improvement Program – Distribute State
Transportation Improvement Program (STIP) funds consistent with the
1998 MOU with Western Riverside Council of Governments (WRCOG) and
CVAG;
d. State Transportation Improvement Program – Revise STIP Planning,
Programming, and Monitoring (PPM) distribution to CVAG from a set
annual dollar amount to the Coachella Valley percentage share of taxable
sales applied to annual STIP PPM allocation amounts following the
procedures contained herein;
e. Local Partnership Program Formula – Distribute Local Partnership
Program (LPP) Formula funds to CVAG for the Coachella Valley share of
taxable sales;
f. Local Partnership Program Formula – Coordinate with CVAG leading up to
each LPP Formula cycle to communicate the Coachella Valley LPP
Formula share balance and determine if there is an eligible Coachella
Valley project on which to program the funds; and
2) Approve entering into a revised MOU with the city of Blythe (Blythe) to process a
biennial LPP Formula funding swap in tandem with each biennial STIP cycle, beginning in
calendar year 2023; and
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Agenda Item 8
3) Authorize the Executive Director, pursuant to legal counsel review, to execute the
agreement on behalf of the Commission.
BACKGROUND INFORMATION:
Measure A
In 1988, Riverside County voters approved a half-cent sales tax measure dedicated to
transportation improvements in Riverside County. On June 26, 1989, RCTC and CVAG entered
into a MOU detailing that CVAG is responsible for administering the Transportation Uniform
Mitigation Fee (TUMF) Program and that CVAG will advise RCTC with respect to various policies
and procedures, including: Measure A maintenance of effort requirements, disbursements of
Measure A funds, priorities and funding for highway programming, and regional arterial
transportation programming. On January 17, 1990, the agreement was amended to specify
that CVAG determines how Measure A funds in the Coachella Valley are allocated.
In 2002, Riverside County voters approved the extension of Measure A for 30 years from 2009
to 2039. The 2002 Measure A Ordinance included an Expenditure Plan and Transportation
Improvement Plan specifying how Measure A funding is to be distributed in the Coachella
Valley:
1) Highways and Regional Arterials: 50 percent for state highways and regional road
improvements (priorities as determined by CVAG’s Transportation Project Prioritization
Study);
2) Local Streets and Roads: 35 percent returned to cities and the county (distributed
50 percent on proportionate dwelling units and 50 percent on Measure A revenues
generated in each jurisdiction) – managed by RCTC; and
3) Specialized and Public Transit: 15 percent to improve and expand public transit and
specialized transportation services – managed by RCTC.
The Measure A Ordinance and Expenditure Plan requires that RCTC return funds to each
geographic area proportionate to the funds generated in each area (share of taxable sales).
Local Transportation Fund Planning
The LTF established in state law by the Transportation Development Act (TDA) is funded
through a quarter of one cent of the state’s 7.25 percent sales tax (based on point of sale and
returned to source). LTF funds are used to fund transportation planning, operations, and
capital projects. LTF funding is distributed by the California Department of Tax and Fee
Administration to counties on a pro rata basis, pursuant to Section 99233.2 of the TDA,
providing up to three percent of annual revenues to fund transportation planning and
programming efforts. RCTC, as the regional transportation planning agency, is legally
responsible for apportioning the LTF funds. The TDA requires one half of these LTF funds be
allocated for planning activities/studies specifically within the Western Riverside County and
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Agenda Item 8
the Coachella Valley areas as determined by RCTC. It also requires that planning be done in
conformance with the Regional Transportation Plan (RTP). WRCOG and CVAG, in conjunction
with SCAG, are responsible for subregional planning efforts that implement and are in
conformance with the RTP/Sustainable Communities Strategy.
Other LTF allocations, such as those for transit and rail operations and capital projects, are
approved by RCTC toward the end of each fiscal year. Bicycle and pedestrian facilities are also
funded by LTF and are part of the biennial SB 821 Call for Projects which is open to all cities and
the county.
The distribution formula for LTF Planning funds, as most recently confirmed by RCTC in
October 2014, is as follows:
Planning Agency Percentage
RCTC 15
WRCOG 55
CVAG 30
Total 100
State Transportation Improvement Program
In June 1998, after the passage of Senate Bill 45 in 1997 which created the STIP, RCTC, WRCOG,
and CVAG entered into an MOU, M21-013, for distributing STIP funds. The intention is for STIP
funds to be distributed consistent with how Measure A funds are distributed throughout the
county, with the apportionment shares being updated every two years to remain current. The
MOU has RCTC distribute STIP funds based on the most recent fiscal year taxable sales by
geographic area used for Measure A allocations which includes: Western Riverside County,
Coachella Valley, and Palo Verde Valley. In the Coachella Valley, STIP funding decisions are
made by CVAG. In the Palo Verde Valley, STIP funding decisions are made by the city of Blythe
(Blythe). The Commission and Blythe have entered into an MOU, MOU No. 07-71-028-00, to
swap the Palo Verde Valley STIP formula share from each STIP with Measure A Western County
Highway funds.
PPM
RCTC policy allows up to 2 percent of available STIP programming to be designated for PPM.
PPM activities include, but are not limited to, development of Project Study Reports,
preparation of planning studies, and work to deliver STIP-funded projects. Because STIP
programming varies in every two-year STIP cycle, PPM amounts are not constant. To provide
some consistency budgeting revenues and expenditures related to STIP PPM, several years ago
Commission and CVAG staff agreed upon a set PPM amount of approximately $49,000 that
CVAG received annually to cover staff time.
268
Agenda Item 8
Local Partnership Program Formula
In April 2017, the California State Legislature passed and Governor Jerry Brown signed into law
SB 1, increasing funding for transportation in California by approximately $5 billion annually.
Included in SB 1 is a new funding program, LPP, funded at $200 million annually. LPP is
designed to reward and incentivize local and regional agencies to go to voters for approval of
fees and taxes for which the revenues are dedicated solely to transportation.
The California Transportation Commission (CTC), which has implementing authority for the LPP,
has adopted guidelines for administration of LPP funds. Most recently, the CTC adopted
guidelines for the LPP in August 2022 whereby $20 million is set-aside each year for incentives
to newly eligible agencies. The remaining $180 million is distributed to eligible agencies
60 percent via formula while the remaining 40 percent is made available competitively. LPP
Formula funds must be matched with at least 50 percent matching funds.
In the current formula funding cycle, covering Fiscal Years 2024 through 2025, Riverside County
is receiving $7,044,000 annually by formula. This amount may change over the course of the
cycle if the $20 million of incentive funds are not needed (resulting in an increase) and/or if
more eligible agencies are added to the distribution (resulting in a decrease).
LPP Formula funds can be utilized by preparing a formal nomination package as outlined in the
CTC adopted guidelines for the LPP. The current guidelines dictate that nomination packages
include a cover letter, fact sheet, project description, background, purpose and need, project
scope, status, benefits, maps, performance metrics including benefit cost assessment, cost
estimate and sources disclosure, delivery plan and risk analysis, electronic project programming
request form, and state highway system project assessment form (if applicable). Once the LPP
Formula funds have been programmed by the CTC, RCTC must submit an allocation request
through Caltrans Local Assistance two months prior to when RCTC needs the funds to be
available for expenditure.
RCTC’s eligibility to receive LPP Formula funds is a direct result of Riverside County voters in
2002 approving the continuation of Measure A, the half-cent sales tax dedicated to
transportation. Because this half-cent tax is collected throughout the entirety of Riverside
County, LPP Formula funds received in Riverside County should be utilized in Western Riverside
County, Coachella Valley, and Palo Verde Valley.
DISCUSSION:
Measure A
RCTC will continue to distribute Measure A funds as directed in the Measure A Ordinance and
Expenditure Plan approved by Riverside County voters in 2002.
269
Agenda Item 8
Local Transportation Fund Planning
RCTC will continue to distribute LTF Planning funds to CVAG following the Commission-adopted
distribution formula.
State Transportation Improvement Program
RCTC will continue to distribute STIP funds to CVAG and Blythe consistent with MOU
No. M21-013 with WRCOG and CVAG.
PPM
As CVAG’s responsibilities for project development, regional coordination, and project delivery
continue to expand, staff believes the STIP PPM distribution should be revised. Commission
and CVAG staff discussed CVAG’s anticipated upcoming PPM activities and are recommending
the methodology for distributing STIP PPM be revised from the fixed amount used previously to
a collaborative annual process. Commission staff are responsible for preparing department
budgets in February every year. It is proposed that every February, Commission Planning and
Programming staff communicate to CVAG staff the amount of STIP PPM RCTC will request be
allocated from the CTC in the upcoming fiscal year. CVAG staff will determine how much STIP
PPM it anticipates the agency will need depending on CVAG activities planned in the upcoming
fiscal year. If an amount less than the Coachella Valley’s percentage share of taxable sales is
requested, the balance will be tracked and carried forward to the next fiscal year. In the event
CVAG is carrying a balance and there is no STIP PPM to allocate in any given fiscal year, the
balance will be carried forward until the STIP is positive again and there are PPM funds to set
aside.
Staff recommends RCTC revise STIP PPM distribution to CVAG from a set dollar amount to the
Coachella Valley percentage share of taxable sales applied to annual STIP PPM allocation
amounts following the aforementioned procedures.
Local Partnership Program Formula
Following the precedent set by the STIP MOU (M21-013) with CVAG and WRCOG, staff is
recommending RCTC distribute LPP Formula funds to CVAG and the Palo Verde Valley based on
the share of taxable sales in each geographic area in the fiscal year for which LPP Formula funds
are made available. Staff recommends entering into a revised MOU with Blythe to swap the
Palo Verde Valley share of LPP Formula funds with Measure A Western County Highways funds
as it has historically done with STIP funds.
Table 1 illustrates the funding received/anticipated to be programmed by RCTC from the
inception of LPP through the current cycle ending in FY 2023.
270
Agenda Item 8
Table 1. LPP Formula funding received by RCTC FY 2018 – 2023
Fiscal Year Riverside County
Formula Share
2017/2018 $6,810,000
2018/2019 6,810,000
2019/2020 7,042,000
2020/2021 6,495,000
2021/2022 6,856,000
2022/2023 6,495,000
TOTAL $40,508,000
The administrative burden of preparing LPP Formula nominations and submitting programming
and allocation requests is extensive. These are just the requirements for programming and
allocating the funds. The LPP guidelines provide further requirements for how long agencies
have to spend the funds, depending on the project phase the funds are being utilized on,
invoicing, and close-out.
Attachment 1 illustrates how LPP Formula funds will be distributed based on share of taxable
sales in Riverside County. To minimize administrative burden, staff proposes to process each
biennial LPP Formula funding swap with Blythe in tandem with each biennial STIP cycle, which
traditionally takes place every odd-numbered year. The next STIP cycle will commence in mid-
2023, at which time staff will bring a recommendation to the Commission to approve an
amendment to the current agreement with Blythe to swap both STIP and LPP Formula funds for
Western County Measure A Highway funds.
To date, RCTC has programmed the entire share of Riverside County’s LPP Formula funds on
projects in Western County, as seen in Table 2.
Table 2. Riverside County LPP Formula programming through FY 2022/23
Project LPP Formula
Programmed
71/91 Interchange $2,000,000
Pachappa Underpass 4,272,000
Temescal Canyon Rd Widening 7,300,000
I-215/Placentia Avenue Interchange 21,250,000
Mid County Pkwy Construction Contract 3 5,686,000
TOTAL $40,508,000
With the administrative burden of programming, allocating, and requesting reimbursement of
LPP Formula funds in mind, staff is recommending that leading up to each LPP Formula cycle,
RCTC and CVAG staff coordinate on how to program the funds in the upcoming cycle. It is of
note that LPP Formula shares in the CTC’s program cannot roll over or be combined outside of a
cycle. As such, if CVAG proposes to program LPP Formula funds on a project, CVAG (or other
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Agenda Item 8
designated lead agency) will submit its draft project nomination for the upcoming cycle to RCTC
no less than three months before the upcoming cycle begins. RCTC will review the draft project
nomination prior to consenting to CVAG (or other designated lead agency) submitting the
nomination directly to the CTC for programming. In each LPP Formula programming cycle,
CVAG (or other designated lead agency) must demonstrate the intention to allocate the
programmed LPP Formula funds by December of the first programming year. This is intended
to ensure RCTC has sufficient time to reprogram the funds if CVAG cannot so as to avoid any
loss of funding to Riverside County. If LPP Formula funds must be reprogrammed to avoid loss
of funding, the CVAG share originally programmed will be tracked for potential programming in
the next LPP Formula cycle.
Ultimately, Commission staff will coordinate with CVAG staff leading up to each LPP Formula
cycle to communicate the Coachella Valley LPP Formula share balance and determine if there is
an eligible Coachella Valley project on which to program the funds.
FISCAL IMPACT:
Indirect fiscal impacts are associated with this item as a result of two recommendations. First,
to distribute STIP PPM funds to CVAG as a percentage share of taxable sales applied to annual
STIP PPM allocation amounts as opposed to a set dollar amount. The intent of Commission
staff coordinating with CVAG staff in February every year is to properly budget in the upcoming
fiscal year for STIP PPM revenues and expenditures. Staff will continue to include future CVAG
STIP PPM expenditures and the commensurate STIP PPM revenues in future budgets to be
presented to the Commission for consideration and adoption. Second, to provide the Palo
Verde Valley (Blythe) its taxable sales share of LPP Formula funds biennially via a funding swap
with Measure A Western County Highway funds. Staff will include future LPP Formula funding
swaps with Blythe in future budgets to be presented to the Commission for consideration and
adoption.
Attachments:
1) LPP Formula Funding Distribution in Riverside County by Share of Taxable Sales
2) MOU No. 23-66-052-00
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LPP Formula funding distribution in Riverside County by share of taxable sales
Fiscal Year
Riverside
County
Formula Share
% of
Western
County
Taxable
Sales
Western
County LPP
Formula $
% of
Coachella
Valley
Taxable
Sales
Coachella
Valley LPP
Formula $
% of Palo
Verde Valley
Taxable Sales
Palo Verde
Valley LPP
Formula $
2017/2018 6,810,000$ 77.30%5,263,898$ 22.12%1,506,070$ 0.59%40,032$
2018/2019 6,810,000$ 77.62%5,286,211$ 21.84%1,487,615$ 0.53%36,174$
2019/2020 7,042,000$ 78.00%5,492,577$ 21.49%1,513,319$ 0.51%36,104$
2020/2021 6,495,000$ 78.12%5,073,687$ 21.45%1,393,079$ 0.43%28,234$
2021/2022 6,856,000$ 78.14%5,357,488$ 21.42%1,468,493$ 0.44%30,019$
2022/2023 6,495,000$ 80.03%5,197,949$ 19.49%1,265,876$ 0.48%31,176$
2023/2024*7,044,000$ TBD 5,637,313$ TBD 1,372,876$ TBD 33,811$
2024/2025*7,044,000$ TBD 5,637,313$ TBD 1,372,876$ TBD 33,811$
2025/2026**7,044,000$ TBD 5,637,313$ TBD 1,372,876$ TBD 33,811$
2026/2027**7,044,000$ TBD 5,637,313$ TBD 1,372,876$ TBD 33,811$
TOTAL 68,684,000$ 54,221,063$ 14,125,954$ 336,984$
*Formula share amounts are estimates and will be finalized once taxable sales share percentages are available
following each fiscal year.
**Formula share amounts are estimates based on the current formula share and will be updated by the CTC prior to
adoption of the next cycle.
ATTACHMENT 1
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MEMORANDUM OF UNDERSTANDING
BETWEEN THE
RIVERSIDE COUNTY TRANSPORTATION COMMISSION AND THE
COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS
THIS Memorandum of Understanding (“MOU”) is made and entered into this ____ day
of ___________ ____ by and between Riverside County Transportation Commission
("RCTC") and the Coachella Valley Association of Governments ("CVAG"). RCTC and CVAG
are sometimes individually referred to as “Party” and collectively as the “Parties”.
RECITALS
WHEREAS, RCTC and CVAG entered into an agreement on June 26, 1989 which
outlined the responsibilities, services and compensation with respect to CVAG's functions
regarding transportation planning and programming in the Coachella Valley (“1989 MOU”); and
WHEREAS, RCTC and CVAG entered into an addendum to the 1989 MOU on January
17, 1990 which outlined the equitable distribution of Measure A, state, and federal funds
between Western County and Coachella Valley areas; and
WHEREAS, RCTC and CVAG entered into an additional addendum to the 1989 MOU
on December 12, 1990, which further outlined the equitable distribution of Measure A, state,
and federal funds between Western County and Coachella Valley areas; and
WHEREAS, RCTC and CVAG entered into an agreement on June 23, 1999 which
outlined the process by which RCTC distributes State Transportation Improvement Program
(“STIP”) Planning Programming and Monitoring (PPM) funding to CVAG for use on
transportation related projects; and
WHEREAS, RCTC and CVAG wish to consolidate these agreements into a single
document to reflect oral understandings and agreements that have been reached by RCTC and
CVAG with regard to the distribution of Measure A, PPM, and LPP formula Funds;
NOW, THEREFORE, the parties hereto agree as follows:
AGREEMENT
1.Measure A
a)Termination of Previous Agreement
i.The 1989 MOU, as amended in January 1990 and December 1990, shall
be terminated immediately and replaced with this MOU.
b)Distribution of Measure A Funds
i.RCTC will continue to distribute Measure A funds as directed in the
Measure A Ordinance and Expenditure Plan approved by Riverside
County voters in 2002 (“2002 Ordinance”), attached hereto as Exhibit “A”
and incorporated herein by this reference.
c)Use of Measure A Funds
ATTACHMENT 2
274
i. CVAG will continue to utilize Measure A funds as provided in the
Riverside County Transportation Improvement Plan, as further described
in Exhibit “A”.
ii. Expenses charged by CVAG for work performed by CVAG staff or by its
consultants must be for the development of the Measure A Program or a
specific Measure A-funded project as outlined in the Riverside County
Transportation Improvement Plan.
iii. As outlined in the 2002 Ordinance and the Riverside County
Transportation Improvement Plan, all expenses are to be verified by
audits performed by RCTC or its agents. CVAG must reimburse the
Measure A Fund for any expenses which are determined to be ineligible.
d) Interest on Accumulated Measure A Funds
i. Measure A funds allocated to the Coachella Valley and held by RCTC
will accrue interest. The interest to be accrued to the Coachella Valley
account will be that proportion of interest earned which is equal to the
proportion of Coachella Valley funds held to the total Measure A funds
held by RCTC.
2. Local Transportation Fund (LTF) Planning
a) RCTC will continue to distribute LTF Planning funds to CVAG following RCTC-
adopted distribution formula, as follows:
Planning Agency Percentage
RCTC 15
WRCOG 55
CVAG 30
Total 100
3. State Transportation Improvement Program (STIP)
a) RCTC will continue to distribute STIP funds consistent with the 1998 MOU, as
amended, with WRCOG and CVAG. A copy of the 1998 MOU and amendment
is attached hereto as Exhibit “B,” and incorporated herein by this reference.
4. STIP PPM distribution
a) Every February, Commission Planning and Programming staff communicate to
CVAG staff the amount of STIP PPM RCTC will request allocation from the CTC
in the upcoming fiscal year. CVAG staff will determine how much STIP PPM it
anticipates the agency will need depending on CVAG activities planned in the
upcoming fiscal year. If an amount less than the Coachella Valley’s percentage
share of taxable sales is requested, the balance will be tracked and carried
forward to the next fiscal year. In the event CVAG is carrying a balance and
there is no STIP PPM to allocate in any given fiscal year, the balance will be
carried forward until the STIP is positive again and there are PPM funds to set
aside.
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5. Local Partnership Program (LPP) Formula funds
a) Following the precedent set by the 1998 MOU, RCTC shall distribute LPP
Formula funds to CVAG and the Palo Verde Valley based on the share of taxable
sales in eastern county in the fiscal year for which LPP Formula funds are made
available.
b) Leading up to each LPP Formula cycle, RCTC and CVAG staff shall coordinate
on how to program the funds in the upcoming cycle. It is of note that LPP Formula
shares in the CTC’s program cannot roll over or be combined outside of a cycle.
As such, if CVAG proposes to program LPP Formula funds on a project, CVAG
(or other designated lead agency) will submit its draft project nomination for the
upcoming cycle to RCTC no less than three months before the upcoming cycle
begins. RCTC will review the draft project nomination prior to consenting to
CVAG (or other designated lead agency) submitting the nomination directly to
the CTC for programming. In each LPP Formula programming cycle, CVAG (or
other designated lead agency) must demonstrate the intention to allocate the
programmed LPP Formula funds by December of the first programming year. If
LPP Formula funds must be reprogrammed to avoid loss of funding, the CVAG
share originally programmed will be tracked for potential programming in the
next LPP Formula cycle.
6. Future State and Federal Formula Funding
a) RCTC and CVAG shall program future distribution of state and federal funding
using an agreed upon criteria that ensures the equitable distribution of funds
between the Western County and Coachella Valley.
7. Subsequent Agreements.
a) It is the intention of both parties that this MOU will be constantly updated when
future agreements are reached. Subsequent CVAG-RCTC agreements will be
automatically incorporated into this MOU at such time as those agreements have
been reduced to writing and that writing has been approved by the governing
boards of the parties.
8. Attorneys’ Fees.
a) If any action at law or equity including an action for declaratory relief is brought
to enforce or interpret the provisions of this MOU, the prevailing party will be
entitled to reasonable attorneys’ fees which may be set by the court in the same
action or in a separate action brought for that purpose in addition to any other
relief to which that party may be entitled. It is the intention of both parties that
this MOU will be constantly updated when future agreements are reached.
9. Severability.
a) If any provision of this MOU is held by a court of competent jurisdiction to be
invalid, void, or unenforceable, the remaining provisions will nevertheless
continue in full force without being impaired or invalidated in any way.
276
The parties hereto have caused this MEMORANDUM OF UNDERSTANDING to be executed
by their duly authorized representatives on the above-reference date.
ATTEST RIVERSIDE COUNTY
TRANSPORTATION COMMISSION
By: ___________________________ By: ___________________________
Anne Mayer, Executive Director Robert "Bob" Magee, RCTC Chair
ATTEST COACHELLA VALLEY
ASSOCIATION OF GOVERNMENTS
By: _______________________________ By: _____________________________
Tom Kirk, CVAG Executive Director Steven Hernandez, CVAG Chair
277
EXHIBIT A
2002 MEASURE A ORDINANCE
AND EXPENDITURE PLAN
[ATTACHED]
278
EXHIBIT B
1998 STIP MOU
First Amendment to 1998 STIP MOU
[ATTACHED]
279
AGENDA ITEM 9
Agenda Item 9
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Jillian Guizado, Planning and Programming Director
THROUGH: Aaron Hake, Deputy Executive Director
SUBJECT: Funding Request for Interstate 10 Monroe Street Interchange Project
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Approve programming $26,232,000 of Surface Transportation Block Grant (STBG) funds
for the Interstate 10/Monroe Street Interchange Project;
2) Approve Agreement No. 23-72-051-00 between the Commission and the County of
Riverside for the programming of $26,232,000 of STBG for the construction phase of the
Interstate 10/Monroe Street Interchange Project.
BACKGROUND INFORMATION:
The Measure A Expenditure Plan, approved by Riverside County voters in 2002, specifies the
Coachella Valley Association of Governments (CVAG) will develop the Transportation Project
Prioritization Study (TPPS). CVAG’s most recently prepared TPPS identifies the Interstate
10/Monroe Street Interchange Project as the Coachella Valley’s top transportation priority. A
project vicinity map is provided in Attachment 1.
The city of Indio, where the project is located, contracted with the County of Riverside to perform
pre-construction phase activities and will be amending the agreement to include advertising,
awarding, and administering the project for the construction phase. CVAG has been a partner
on the Interstate 10/Monroe Street Interchange Project with the city of Indio since 2007. CVAG
has provided funding for the project’s pre-construction phases, including: project study report,
project approval and environmental document, plans specifications and estimates (design), and
right of way. The project is currently in the design and right of way phases and is anticipated to
be construction-ready in early 2025.
At its October 2021 meeting, the Commission approved programming $7.55 million of 2022 State
Transportation Improvement Program funding for the Coachella Valley target share which CVAG
elected to program on the Interstate 10/Monroe Street Interchange Project.
The Commission receives federal STBG apportionment funds by formula through the state of
California. These funds are authorized by Congress in the Infrastructure Investment & Jobs Act,
280
Agenda Item 9
signed by President Biden in 2021. California currently distributes federal formula funding,
including STBG, following a population formula. In Federal Fiscal Year 2022/23, the Commission
is estimated to receive $31.7 million. At its July 2019 meeting, the Commission adopted a policy
to prioritize the use of federal formula funding on Western County 10-Year Highway Delivery
Plan-supporting projects.
DISCUSSION:
In December 2022, the CVAG Executive Committee approved utilizing $30.8 million in local
regional transportation funding for the Interstate 10/Monroe Street Interchange Project. The
construction cost is $89 million and the project has a $26 million funding gap.
In January 2023, CVAG submitted a letter (Attachment 2) requesting financial assistance to fully
fund this top Coachella Valley priority project. Although the Commission policy is to prioritize
STBG funds on Western County 10-Year Highway Delivery Plan projects, the Coachella Valley
should receive a commensurate share of the population-based STBG funds. As such, staff
recommends programming $26.232 million of STBG funds on the construction phase of the
Interstate 10/Monroe Street Interchange Project. Additionally, staff recommends approval of an
agreement (Attachment 3) between the Commission and the County of Riverside for the
programming of the STBG funds.
FISCAL IMPACT:
There is no financial impact to the Commission for this item as STBG funds are reimbursed directly
through Caltrans.
Attachments:
1) Project Vicinity Map
2) January 9, 2023, Letter from CVAG
3) Draft Agreement No. 23-72-051-00
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ATTACHMENT 1
282
January 9, 2023
Ms. Jillian Guizado
Planning and Programming Director
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor
Riverside, CA 92501
Subject: Request the allocation of Local Partnership Program (LPP) formula funds and Surface
Transportation Block Grant (STBG) funding for the Interstate 10/ Monroe Street
Interchange Project, in the City of Indio
Dear Ms. Guizado,
CVAG has been a partner on the Interstate 10/Monroe Street interchange project since 2007. The project
is currently tied in ranking as the region’s number one project in the Transportation Project Prioritization
Study (TPPS), scoring 15 points. As this project continues to advance toward construction, CVAG staff
has been working to secure regional funding for construction of the project.
The interchange was initially funded through the $10 million Interchange Preparation Fund, which
CVAG’s Executive Committee created in 2007 to support the concept of preparing interchanges for
project readiness. The fund had a set of adopted policies, which specify that CVAG pays 100 percent of
the costs of the Project Study Report (PSR). This fund was used to prepare the PSR for the project.
On September 26, 2016, CVAG’s Executive Committee authorized an additional $1.35 million in funding
to cover the Project Approval and Environmental Document (PA&ED) phase of the project; and on
December 7, 2020, the Executive Committee authorized $4,323,900 for the PS&E Phase. Most recently,
on November 1, 2021, the Executive Committee added an additional $4,929,000 of regional funds for the
Right of Way phase, allowing the City to expedite construction readiness. The total estimated
construction cost is approximately $89 million.
Based on the current schedule, the I-10/Monroe Street Interchange project will be ready for construction
in early 2025. To account for the anticipated construction, CVAG staff has been working closely with
Riverside County Transportation Commission (RCTC) staff to identify potential federal, state and
regional funding opportunities. As part of these discussions, staff has identified both state and federal
funding that could be programmed on this project: Local Partnership Program (LPP) formula funds and
Surface Transportation Block Grant (STBG) funds.
ATTACHMENT 2
283
2
This approach will fully fund the I-10/Monroe Street Interchange for construction as shown in the
following table:
I-10/Monroe Street Interchange-Funding Estimate
Funding Source Amount Notes
STIP $ 7,550,000 2022 STIP
STBG $ 26,232,000 FY22/23 to FY25/26
LPP $ 14,088,000 FY17/18 to FY26/27
LOCAL $ 10,282,500 41,130,000*.25
CVAG-Regional $ 30,847,500 41,130,000*.75
Total: $ 89,000,000
To date, CVAG has programmed State Transportation Improvement Program (STIP) funding in an
amount of $7.55 million to the project. The additional $14.088 million of LPP and 26.232 million of
STBG funding will bring the total state and federal funding to approximately $47.87 million.
On December 5, 2022, CVAG’s Executive Committee authorized CVAG regional transportation
funding in the amount of $30,847,500 for the Interstate 10/ Monroe Street Interchange Project.
With this allocation of CVAG regional funding and the City of Indio’s budgeted local funds,
there is sufficient transportation funding to match the state and federal funding requested.
Thank you for your consideration. Should you have any questions, please contact me at (760)
346-1127.
Sincerely,
Jonathan Hoy
Director of Transportation
Copy: file
Attachments
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1
Agreement No. 23-72-051-00
Riverside County Transportation Commission
FEDERAL FUNDING COOPERATIVE AGREEMENT WITH THE COUNTY OF
RIVERSIDE
1.Parties and Date. This Agreement is made and entered into this ____ day of
______________, 2023, by and between the Riverside County Transportation
Commission, hereinafter referred to as "RCTC," and the County of Riverside, hereinafter
referred to as "Agency”.
2.Recitals.
2.1 In 1991 the United States Congress authorized the Surface Transportation
Block Grant (STBG) Program. STBG was most recently reauthorized on November 15,
2021, when the President of the United States signed into law P.L. 117-58, the
Infrastructure Investment and Jobs Act (IIJA). Under the IIJA, STBG provides funding for
projects to preserve and improve the conditions and performance on any Federal -aid
highway, bridge and tunnel projects on any public road, pedestrian and bicycle
infrastructure, and transit capital projects provided that the projects are identified in the
State Transportation Improvement Plan (STIP)/Federal Transportation Improvement
Program (FTIP), and meet other funding requirements identified in the IIJA; and
2.2 The California Department of Transportation (hereinafter referred to as
“Caltrans”) administers the STBG program on behalf of the Federal Highway
Administration (hereinafter referred to as “FHWA”); and
2.3 Within Riverside County, RCTC is responsible for directing the
programming and allocation of STBG funding to projects within Riverside County; and
2.4 Agency submitted a request to RCTC to utilize STBG funds, attached hereto
as Exhibit “A”; and
2.5 The request submitted by Agency describes a priority project which RCTC
has determined merits funding and Agency is eligible to receive STBG funds. Agency’s
proposal is referred to herein as the “Project”; and
2.6 Contingent on Caltrans and/or FHWA approval of the Project, funding shall
be programmed by RCTC in the form of STBG, as further specified herein; and
2.7 On March 8, 2023, RCTC’s Board of Directors approved the programming
by RCTC of up to Twenty-Six Million Two Hundred Thirty-Two Thousand Dollars
($26,232,000) in STBG funds to be matched with Sixty-Two Million Seven Hundred Sixty-
Eight Thousand Dollars ($62,768,000) in Agency funds for the Project; and
ATTACHMENT 3
285
2
2.8 Agency shall be the direct recipient of any federal funds provided for the
Project, and shall utilize the funding disbursed by Caltrans solely for the Project.
3.Terms.
3.1 Definition; Term of Agreement.
A.Definitions.
1.Days - As used in this Agreement, “days” shall be calendar
days.
2.Effective Date – Refers to the date first specified above.
3.Funding Plan – The plan included as part of the attached
Exhibit “A” specifying the funding amounts and funding sources for the Project.
4.Project – The project proposed by Agency, as described in
Agency’s proposal, attached hereto as Exhibit “A”, which has been reviewed and
approved by RCTC.
B.Term. The term of this Agreement shall commence on the Effective
Date and shall continue in effect through December 31, 2028, or until written agreement
by the Parties that the Project has been completed , unless earlier terminated as provided
herein.
C.Term Contingent on Funding. Notwithstanding the term as defined in
subsection B above, the continuation of this Agreement and the programming of the
federal funds specified hereunder is contingent on funding availability under the IIJA, on
the Project maintaining funding eligibility, and on FHWA and Caltrans approval of the
Project, and each Project phase. The parties acknowledge that RCTC is not the funding
entity hereunder, and shall have no responsibility or liability to Agency for failure of FHWA
or Caltrans to fund the Project, or for any delay, cancellation, or reduction of federal funds.
3.2 Use of Funds.
A. Agency Responsibilities. Contingent on Southern California
Association of Governments (hereinafter referred to as “SCAG”), Caltrans, and FHWA
approval of the Project and the funding to be programmed hereunder, Agency shall have
the responsibilities set forth in this Agreement, including the following.
1.Agency shall act as the lead agency for the engineering, right-
of-way, construction, and construction management for the Project.
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3
2.Agency shall submit National Environmental Policy Act
(NEPA) and the California Environmental Quality Act (CEQA) environmental
documentation to Caltrans for approval.
3.Agency shall prepare and submit all necessary Caltrans-
required documentation to Caltrans District 8 including the request for authorization to
proceed (hereinafter referred to as “E-76 Request”) as indicated on the Project schedule
and Funding Plan.
4.Agency shall enter into any agreement(s) with Caltrans as
required for receipt of STBG funds through Caltrans, and shall comply with all
requirements of such agreement(s).
5.Agency shall be the direct recipient of all federal funds to be
provided for the Project, and shall invoice Caltrans for Project costs at minimum once
every six months, or as otherwise required by Caltrans.
6.Agency shall create any necessary Project records, reports,
and financial accounts to permit disbursement of allocated funds to Agency, and shall
ensure that federal and state reporting requirements are met.
B.Project Changes; Cost Overruns. The federal funds described in
Section 3.4 and Exhibit “A” of this Agreement are specifically for the Project and make up
the entire amount which RCTC has authorized for the Project. Any subsequent
amendments to the Project scope or description are not covered by this Agreement, and
the funding for any such amendments or for any Project cost overruns shall be the sole
responsibility of Agency, unless otherwise approved in writing by RCTC.
C.Cost Savings. In the event that bids for the Project are lower than
anticipated, or there are cost savings for any o ther reason, the Funding Plan shall be
revised to apply such cost savings proportionately to each funding source listed in the
Funding Plan. Agency shall inform RCTC of any cost savings and the parties shall amend
this Agreement to reflect the revisions to the Funding Plan. RCTC’s Executive Director
and the Agency Manager shall be authorized to execute any such amendment.
D.Responsibility of Agency for Project Compliance with Federal Rules
and Regulations. Agency shall be solely responsible and liable for compliance with all
federal and state rules and regulations applicable to the STBG funds. Approval by RCTC
of the Project does not evidence any opinion of or representation by RCTC of the Project’s
compliance with applicable federal or state rules and regulations regarding use of the
STBG funds. If Caltrans or FHWA determine that any STBG funds were not spent in
accordance with applicable federal or state rules and regulations, Agency shall be solely
responsible for reimbursement of all such improperly expended funds and shall make
such reimbursement in the manner specified in this Agreement.
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4
E.Funding Reimbursement by Agency. If it is determined pursuant to
a Project audit that any STBG funds provided to Agency have been improperly expended,
Agency shall, at the direction of the agency performing the audit (e.g. RCTC, Caltrans,
FHWA, or FTA) reimburse within thirty (30) days the full amount of such improperly
expended funds. The funds shall be reimbursed in accordance with the
recommendations in the audit, with a notice to RCTC that the reimbursement was
accomplished.
3.3 Additional Responsibilities of Agency
4.A. Indemnification. To the fullest extent permitted by law,
Agency shall defend, indemnify and hold RCTC, its directors,
officials, officers, employees, agents, and/or volunteers free and
harmless from any and all liability from loss, damage, or injury to
property or persons, including wrongful death, in any manner arising
out of or incident to any acts, omissions, or willful misconduct of
Agency or any of its directors, officials, officers, employees, agents,
volunteers, or service providers arising out of or in connection with
Agency’s performance of this Agreement, or the Project, including,
without limitation, the payment of consequential damages and
attorneys’ fees. Further, Agency shall defend, at its own expense,
including the payment of attorneys’ fees, RCTC, its officials, officers,
employees, agents, and/or volunteers in any legal action based upon
such acts, omissions, or willful misconduct. Agency shall reimburse
RCTC, its directors, 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 the indemnity herein
provided.
B.Standard of Care; Performance Standards.
1.Agency shall implement the Project in a skillful and
competent manner and in accordance with all applicable local, state, and federal laws,
rules, and regulations. Agency shall be responsible to RCTC for any errors or omissions
in its execution of this Agreement or the implementation of the Project.
2.Agency shall meet or exceed the following performance
standards for the Project:
a.Adhere to the timeline set forth in this Agreement or as
subsequently approved by RCTC.
b.Expend the funding specified herein entirely on the
Project.
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5
c.Implement the Project in a manner consistent with
Exhibit “A” and all provisions of this Agreement.
d.Provide Project reporting to RCTC in a manner
consistent with this Agreement.
e.Comply with any requirements and restrictions
imposed by the authorizing language in the IIJA, and with all requirements and restrictions
imposed by FHWA or Caltrans applicable to the STBG funding including, but not limited
to, the Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Award, 2 CFR Part 200.
C.Insurance. Agency shall obtain and require its subcontractors or
sub-consultants to obtain insurance of the types and in the amounts described below for
the entire term of this Agreement.
1. Commercial General Liability Insurance. Agency shall
maintain and require its consultants and contractors to maintain sufficient insurance to
cover the risks associated with the Project.
a.Name RCTC and its officials, officers, employees,
agents, and consultants, as insureds with respect to performance of this Agreement. Such
insured status shall contain no special limitations on the scope of its protection to the
above-listed insureds.
b.Be primary and noncontributory with respect to any
insurance or self insurance programs covering RCTC and its directors, officials, officers,
employees, agents, and consultants.
c.Contain standard separation of insureds provisions.
2.Business Automobile Liability Insurance. If Agency hires or
owns any vehicle during the term of this Agreement, Agency shall maintain business
automobile liability insurance or equivalent form with a combined single limit of not less
than $1,000,000 per occurrence. Such insurance shall include coverage for owned, hired
and non-owned automobiles.
3.Workers’ Compensation Insurance. Agency shall maintain
workers’ compensation insurance with statutory limits and employer’s liability insurance
with limits of not less than $1,000,000 per accident.
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4.Certificates/Insurer Rating/Cancellation Notice. Agency shall,
prior to receiving any funding under this Agreement, furnish to RCTC properly executed
certificates of insurance, certified copies of endorsements, and policies, if requested by
RCTC which shall clearly evidence all insurance required in this Secti on. Agency shall
not allow such insurance to be canceled, allowed to expire , or be materially reduced in
coverage except on thirty (30) days prior written notice to RCTC.
D.Match Funding. The City of Indio, as the project sponsor, will provide
funding at least equal to the amounts shown in Exhibit “A”, attached hereto and
incorporated by reference, as a match to the funds provided for the Project.
3.4 RCTC's Rights and Responsibilities.
A.RCTC shall formally request on behalf of Agency that SCAG amend
the FTIP to program up to the amount in accordance with the Funding Plan.
B.RCTC shall provide assistance to Agency, as described in this
Agreement, in securing the STBG funds in an amount not to exceed $26,232,000, as
further detailed in the Funding Plan.
C.RCTC shall not be obligated to program any amount in excess of the
amount identified in subsection B above, or the amount ultimately approved for the Project
by Caltrans and FHWA, if less than the amount set forth in subsection B above.
D.RCTC shall process any required FTIP amendments.
E.RCTC may cancel funding for the Project under this Agreement if
Agency has not submitted an E-76 Request to Caltrans or has not advanced the Project
to the “ready-to-list stage” as required by the Project schedule included in the attached
Exhibit “A”.
F.RCTC will consider requests for extensions of time if the reason for
delay is above and beyond the Agency’s control.
4.Accounting Records.
4.1 Retention of Records. Agency shall maintain complete and accurate
records with respect to costs incurred and other records generated in relation to the
Project, the STBG funds, or this Agreement. All such records shall be clearly identifiable.
Agency shall allow representatives of RCTC, Caltrans, FHWA, and other designated
agencies during normal business hours to examine, audit, and make transcripts or copies
of such records. Agency shall maintain all work, data, documents, proceedings, and
activities related to the foregoing for a period of three (3) years from the expiration of this
Agreement, or such longer period as required by Caltrans, and shall allow inspection
hereunder during such time.
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4.2 Accounting of Funds. When requested by RCTC, Agency shall within thirty
(30) days provide RCTC with a full reporting and accounting of all STBG funds received
by Agency.
5.Project Reports.
5.1 Reporting. Agency shall, in a timely manner, provide milestone reports
detailing the Project’s progress including a financial status report and milestone progress
report in a form approved by RCTC, upon RCTC written request.
5.2 Responsibility for Federal Reporting. The responsibility for reporting
associated with the STBG funds shall be exclusively that of the Agency and in no manner
the responsibility of RCTC.
6.Annual Audit.
6.1 RCTC shall notify Agency in writing, by the end of the fiscal year, if Agency
is required to conduct an annual financial audit of records pertaining to the Project. If an
audit is required, it shall be completed and submitted to RCTC by December 31 st of the
following fiscal year ("Audit Deadline"). In order to ensure compliance w ith the Audit
Deadline, Agency shall respond promptly to the auditor's requests for documentation and
records.
6.2 RCTC may, in its sole and absolute discretion, grant an extension of the
Audit Deadline upon written request of the Agency, which request shall include an
explanation for the delay. No extension of the Audit Deadline shall exceed ninety (90)
days.
6.3 Agency shall promptly resolve all audit matters to the satisfaction of RCTC,
Caltrans or FHWA, as applicable.
6.4 If Agency fails to complete the audit by the Audit Deadline or by the date of
any authorized extension, or if Agency fails to promptly resolve all audit matters to the
satisfaction of RCTC, RCTC shall have the right to request suspension of Agency’s
funding by Caltrans.
7.General Provisions.
7.1 Compliance with Federal Procurement and Real Property Acquisition
Requirements.
A.In addition to the terms specified herein, Agency shall also achieve
and maintain full compliance with all federal contracting and procurement requirements
and real property acquisition requirements applicable to the Project and Agency’s
organization. It is the responsibility of the Agency to be familiar with and to be in full
compliance with all applicable Caltrans and federal requirements.
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B.In the event of any failure or alleged failure to comply with federal or
Caltrans contracting and procurement and real property acquisition requirements on the
part of the Agency, Agency shall be solely responsible for any penalties, reimbursement
of funds, costs of investigation, and remedy of such failures.
7.2 Termination of Agreement.
A.RCTC may, by written notice to Agency, terminate the whole or any
part of this Agreement at any time, with or without cause, b y giving written notice to
Agency of such termination, and specifying the effective date thereof. Agency may not
terminate this Agreement except for cause.
B.In the event this Agreement is terminated in whole or in part as
provided in subsection A of this Section, RCTC may reprogram STBG funding in its sole
discretion.
C.If this Agreement is terminated as provided in subsection A of this
Section, RCTC may require Agency, when implementing a Project, to provide to RCTC
all finished or unfinished documents, including but not exclusive to, data, studies,
drawings, and reports, prepared by Agency in connection with the performance of this
Agreement.
7.3 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:
To RCTC: Riverside County Transportation Commission
4080 Lemon Street, Third Floor
P. O. Box 12008
Riverside, California 92502-2208
Attn: Anne Mayer, Executive Director
AMayer@rctc.org
To Agency: County of Riverside
Transportation Land Management Agency
4080 Lemon Street, 8th Floor
Riverside, CA 92501
Attn: John Ashlock
JAshlock@RIVCO.org
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. Notice may also be provided via
electronic mail and shall be deemed made the date sent, provided that any notice sent
via electronic mail shall also be sent by U.S. mail, per the requirements set forth in the
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foregoing sentence, within twenty-four (24) hours of the notice via electronic mail. Notice
sent via electronic mail that is not followed by notice sent via U.S. mail, as required in this
paragraph, shall not be considered notice for purposes of this Agreement.
7.4 Attorneys' Fees. If any party commences an action against the other arising
out of or in connection with this Agreement, the prevailing party in such l itigation shall be
entitled to have and recover from the losing party’s reason able attorneys' fees and costs
of suits.
7.5 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 in writing, signed
by both parties.
7.6 Governing Law. This Agreement shall be governed by the laws of the State
of California. Venue shall be in Riverside County.
7.7 Time of Essence. Time is of the essence for each and every provision of
this Agreement.
7.8 Successors and Assigns. This Agreement shall be binding on the
successors and assigns of the parties and shall not be assigned by Agency without the
prior written consent of RCTC.
7.9 Administration.
A.RCTC's Executive Director, or his or her designee, shall administer
this Agreement on behalf of RCTC.
B.Agency hereby designates Director of Transportation or his or her
designee, to act as its representative to administer this Agreement on behalf of Agency
("Agency's Representative"). Agency's Representative shall have full authority to
represent and act on behalf of Agency for all purposes under this Agreement.
7.10 Severability. If any term, provision, covenant or condition of this Agreement
is held to be invalid, void or otherwise unenforceable, to any extent, by any court of
competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and
each term, provision, covenant, or condition of this Agreement shall be valid and
enforceable to the fullest extent permitted by law.
7.11 Counterparts. This Agreement may be executed and delivered in any
number of counterparts, each of which, when executed and delivered shall be deemed
an original and all of which together shall constitute the same agreement. Facsimile
signatures shall be considered originals.
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7.12 Incorporation of Recitals. The Recitals set forth above are true and correct
and are incorporated into this Agreement by reference as though fully set forth herein.
7.13 Incorporation of Exhibit. This Agreement contains one (1) exhibit (Exhibit
“A”) which is attached hereto and incorporated into this Agreement by reference.
7.14 Legal Authority. RCTC and Agency represent and warrant that the persons
signing below on behalf of each party is duly authorized to execute this Agreement on
behalf of its respective party and that, by so executing, the parties hereto are formally
bound to the provisions of this Agreement.
[Signatures on following page]
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SIGNATURE PAGE
TO
FEDERAL FUNDING COOPERATIVE AGREEMENT
IN WITNESS WHEREOF, the parties hereto have executed the Agreement on the
Effective Date.
RCTC: AGENCY:
RIVERSIDE COUNTY COUNTY OF RIVERSIDE
TRANSPORTATION COMMISSION
By: By: __________________________
Anne Mayer, Executive Director
Title: ________________________
APPROVED AS TO FORM: APPROVED AS TO FORM:
By: _____________________________ By: __________________________
Best Best & Krieger LLP
Counsel to the Riverside Title: ________________________
County Transportation Commission
ATTEST:
By: _________________________
Title: ________________________
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Exhibit “A”
EXHIBIT "A"
SCOPE OF WORK: Replace and widen the existing Interstate 10/Monroe Street
Interchange and bridge over the Coachella Valley Storm Channel, including adding
dedicated pedestrian facilities and Low Speed Electric Vehicle/bike lanes within the City
of Indio.
FUNDING:
FUNDING
SOURCE
AMOUNT
STIP $7,550,000
STBG 26,232,000
LPP Formula 14,088,000
CVAG Regional 30,847,500
Local 10,282,500
TOTAL $89,000,000
TIMETABLE:
PHASE START DATE END DATE COMMENTS
Environmental 1/31/2018 12/22/2020
Design 4/14/2021 3/1/2024
Right of Way 3/30/2023 4/30/2025 Includes 6 months
for condemnation
Construction 5/1/2025 7/31/2027
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AGENDA ITEM 10
Agenda Item 10
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2023
TO: Budget and Implementation Committee
FROM: Lorelle Moe-Luna, Multimodal Services Director
THROUGH: Aaron Hake, Deputy Executive Director
SUBJECT:
Settlement Agreement Contributions Involving the World Logistics Center
from the City of Moreno Valley and Highland Fairview for the Center for
Environmental Research and Technology and the Community Translational
Research Institute
STAFF RECOMMENDATION:
This item is for the Committee to recommend the Commission take the following action(s):
1) Award Agreement No. 23-67-042-00 to the University of California Regents for the Center
for Environmental Research and Technology (CERT) at the University of California,
Riverside (UCR) in the amount of $100,000 from settlement funds received from Highland
Fairview and the city of Moreno Valley (Moreno Valley);
2) Award Agreement No. 23-67-043-00 to the Community Translational Research Institute
(CTRI), a program of the Public Health Foundation Enterprises Inc., dba Heluna Health, in
the amount of $100,000 from settlement funds received from Highland Fairview and
Moreno Valley; and
3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute
the agreements on behalf of the Commission.
BACKGROUND INFORMATION:
In July 2016, the Commission, the County of Riverside (County), Moreno Valley, and Highland
Fairview entities came to a settlement agreement in response to litigation involving the World
Logistics Center for which Highland Fairview is the developer. The Commission and the County
had filed suit challenging the environmental impact report in order to ensure adequate mitigation
to address added impacts created by the World Logistics Center project. Additional lawsuits were
filed by the South Coast Air Quality Management District and a number of environmental
organizations.
One of the terms of the settlement agreement (Attachment 1) required that Moreno Valley and
Highland Fairview pay $100,000 each for logistics-related studies, for a combined total of
$200,000. Of that, $100,000 is identified for truck and logistics-related studies to be conducted
by UCR’s CERT. The other $100,000 is identified for CTRI to be used for public health research
and programs.
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Agenda Item 10
Other provisions of the agreement include an evaluation of a logistics-related development
impact regional fee for highway improvements, which was completed and approved by the
Commission in May 2019; a payment of $0.50 per sq. ft. in-lieu fee from Highland Fairview for
projects identified in the regional fee study; and a contribution of $6 million for safety-related
improvements and engineering studies for Gilman Springs Road and interchanges along State
Route 60.
DISCUSSION
The Commission received the $200,000 from Moreno Valley and Highland Fairview in
Fiscal Year 2021/22 as per the terms of the agreement. The Commission is required to manage
the contributions according to its regular accounting practices. Commission staff requested that
UCR and CTRI develop proposed scopes of work for their funding. Both UCR and CTRI have
submitted their proposals and staff has reviewed them for consistency with the settlement
agreement. The project proposals are summarized below and are included in the respective
agreements.
UCR CERT Health-Based Truck Route Assessment for the Cities of Riverside and Moreno Valley
CERT is part of the Bourns College of Engineering at UCR and is a recognized leader in
environmental education addressing air quality, climate change, energy, and transportation.
CERT proposes to use the funding to conduct a Health-Based Truck Route Assessment for the
Cities of Riverside and Moreno Valley. Their scope will include three primary tasks: 1) Data
collection and modeling of truck activities and their spatiotemporal distribution using the
Behavior, Energy, Autonomy, and Mobility (“BEAM”) modeling tool which will be able to simulate
existing truck activities; 2) Construct an emission inventory of the overall truck population
traveling through the cities to understand the spatial distribution of the emission impact from
goods movement; and 3) Evaluate the overall truck routes using air quality and health impacts
and inform adjustments that should be made to existing truck routes from Task 1, and compare
the air quality and human exposure for the new truck route scenarios against the current truck
route designations.
CTRI Environmental Sources of Early Life adversity in Northwest Riverside County and
Prevention and Remediation of their Adverse Behavioral Health Sequalae
CTRI is program of Heluna Health, a non-profit, whose mission is to connect academic,
governmental, and community organizations to stop preventable chronic diseases from
emerging, translate research into community efforts to transform population health practice,
and advocate for sustainable and effective policy changes. CTRI proposes to apply the funding
to study Environmental Sources of Early Life Adversity in Northwest Riverside County and
Prevention and Remediation of their Adverse Behavioral Health Sequalae. The objectives of this
research are fourfold: to 1) identify municipalities and communities most impacted by adverse
environmental conditions, 2) identify promising resources in targeted municipalities and
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Agenda Item 10
communities to bring into a network to support a system of comprehensive prevention and
remediation services, 3) carry out community-based screenings to identify persons at risk for
behavioral and medical dysfunctions consequent to adverse experiences and exposures and toxic
stress, and 4) develop and assess an innovative system of community-based behavioral health
services consisting of core of community behavioral health and health and wellness coaches and
counselors.
Staff recommends that the Commission award Agreement No. 23-67-042-00 to the University of
California Regents for UCR’s CERT (Attachment 2) and Agreement No. 23-67-043-00 to Heluna
Health for CTRI (Attachment 3), pursuant to legal counsel review, to fulfill its obligations under
the settlement. Upon completion of the projects, staff will return to the Commission with a final
report of the findings.
FISCAL IMPACT:
Funding source for these projects are settlement funds, received by the Commission, from both
Highland Fairview and Moreno Valley. Expenditures are anticipated to be incurred in the
current year and remitted to above-referenced vendors.
Financial Information
In Fiscal Year Budget: Yes Years: FY 2022/23 Amount: $200,000
Source of Funds:
Planning and Programming
(Settlement Contributions from
Highland Fairview and Moreno Valley)
Budget Adjustment: No
GLA No.: 002316 81501 00000 0000 106 67 81501
Fiscal Procedures Approved:
Date: 02/15/2023
Attachments:
1) Settlement Agreement
2) Draft Agreement No. 23-67-042-00 with the University of California Regents for CERT
3) Draft Agreement No. 23-67-043-00 with Heluna Health for CTRI
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Agreement No. 23-67-042-00
FUNDING AGREEMENT FOR THE CENTER FOR
ENVIRONMENTAL RESEARCH AND TECHNOLOGY
PURSUANT TO THE SETTLEMENT AGREEMENT
INVOLVING THE WORLD LOGISTICS CENTER DATED
JULY 29, 2016, AS AMENDED
THIS., FUNDING AGREEMENT ("Agreement") is made and entered into as of
___________, 2023, by and between the Riverside County Transportation Commission,
(“RCTC") and University of California Regents (“RECIPIENT"),
1.Recitals.
1.1 The Settlement Agreement dated July 29, 2016, (the "Settlement Agreement")
attached hereto as Attachment A and incorporated herein by this reference, requires RCTC to
collect settlement contributions and provide $100,000 to RECIPIENT, for the Center for
Environmental Research and Technology, located at the University of California, Riverside,
for truck and logistics-related studies.
1.2 Funding for the Project shall be provided pursuant to the terms contained in this
Agreement in the form of local funds.
1.3 Recipient will utilize the funds for Health-Based Truck Route Assessment for the
Cities of Riverside and Moreno Valley (“Project”).
1.4 Recipient shall utilize the funding allocated and distributed by RCTC solely for the
Project.
2.Terms.
2.1 General Scope. Recipient shall use the funds granted hereunder exclusively to
implement, staff, manage, and operate the Project. Recipient shall be solely responsible for
implementing, staffing, managing and operating the Project in the manner described herein.
The funds provided pursuant to this Agreement are specifically for the Project and
are the entire amount which RCTC intends to provide to the Project. Any subsequent amendment
to the Project scope or description or additional services to be provided are not covered by this
Agreement, and the funding for any such amendments or additional services shall be the sole
responsibility of Recipient unless such amendments or additional services are approved in writing
by RCTC prior to the provision of such additional services.
2.2 Approval by RCTC. Any use of funds granted hereunder shall be subject to
ATTACHMENT 2
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the review and approval of RCTC.
2.3 Funding Reimbursement by Recipient. If it is determined pursuant to a Project audit
that any funds granted hereunder have been improperly expended, Recipient shall reimburse
RCTC for the full amount of such improperly expended funds within thirty (30) days of
notification and request for repayment by RCTC.
2.4 Term. The term of this Agreement shall be from the Effective Date to until funds
are expended, unless terminated at an earlier date as provided herein.
2.5 Indemnification. Recipient shall defend, indemnify and hold RCTC, its
directors, officials, officers, employees, agents and/or volunteers free and harmless from any
and all liability from loss, damage, or injury to property or persons, including wrongful death,
in any manner arising out of or incident to any acts, omissions or willful misconduct of
Recipient or any of its agents, employees, contractors, volunteers, or service providers arising
out of or in connection with Recipient's performance of this Agreement, including without
limitation the payment of consequential damages and attorneys' fees. Further, Recipient shall
defend at its own expense, including the payment of attorneys' fees, RCTC, its officials,
officers, employees, and agents in any legal action based upon such acts, omissions or willful
misconduct. Recipient shall reimburse RCTC and its directors, 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 the indemnity herein provided.
2.6 Standard of Care; Performance Standards.
A. Recipient shall implement the Project in a skillful and competent
manner and in accordance with all applicable local, state, and federal laws, rules and
regulations. Recipient shall be responsible to RCTC for any errors or omissions in its execution
of this Agreement and the implementation of the Project.
B. Recipient shall meet or exceed the following performance standards for
the Project.
C. Recipient shall adhere to the timeline set forth in this Agreement or as
subsequently directed by RCTC.
D. Recipient shall expend RCTC financial contributions entirely on the
Project.
E. Recipient shall implement the Project in a manner consistent with
Attachment "B" and all provisions of this Agreement.
F. Recipient shall comply with any requirements and restrictions imposed
by RCTC on the use of RCTC financial contributions provided for the Project.
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3. Insurance.
3.1 Time for Compliance. Recipient shall not commence work under this Agreement
until it has provided evidence satisfactory to RCTC that it has secured all
insurance required under this section, in a form and with insurance companies
acceptable to RCTC. In addition, Recipient shall not allow any subcontractor to
commence work on any subcontract until it has secured all insurance required
under this section.
3.2 Minimum Requirements. Recipient 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 or the Project by Recipient, its agents, representatives,
employees or subcontractors. Recipient 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:
3.3 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.
3.4 Minimum Limits of Insurance. Recipient 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 Recipient 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.
3.5 Insurance Endorsements. The insurance policies shall contain the following
provisions, or Recipient shall provide endorsements on forms approved by RCTC
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) personal Injury/advertising
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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 consultants 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 RCTC, 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 RCTC'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.
(b) Automobile Liability. The automobile liability policy shall be endorsed to
state that: (1) RCTC, 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 Recipient
or for which Recipient is responsible; and (2) the insurance coverage shall be primary
insurance as respects RCTC, its directors, officials, officers, employees and agents, or
if excess, shall stand in an unbroken chain of coverage excess of Recipient's scheduled
underlying coverage. Any insurance or self-insurance maintained by RCTC, its
directors, officials, officers, employees and agents shall be excess of Recipient's
insurance and shall not be called upon to contribute with it in any way.
(c) Workers' Compensation and Employers Liability Coverage.
(i) Recipient 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 RCTC, its directors, officials, officers, employees and agents for losses paid
under the terms of the insurance policy which arise from work performed by Recipient.
(d) All Coverages.
(i) Defense costs shall be payable in addition to the limits set
forth hereunder.
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(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 RCTC, 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 RCTC (if agreed to in a written contract or agreement) before RCTC'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) Recipient shall provide RCTC at least thirty (30) days prior
written notice of cancellation of any policy required by this Agreement, except that
Recipient 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, Recipient shall deliver
renewal certificate(s) including the General Liability Additional Insured
Endorsement to RCTC 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. Recipient shall maintain such coverage
continuously for a period of at least three years after the completion of the work under
this Agreement. Recipient 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 Recipient, and any approval of said
insurance by RCTC, is not intended to and shall not in any manner limit or qualify
the liabilities and obligations otherwise assumed by Recipient 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
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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 Recipient or Commission will withhold amounts sufficient
to pay premium from Recipient payments. In the alternative, Commission may
cancel this Agreement. RCTC may require Recipient to provide complete copies of
all insurance policies in effect for the duration of the Project.
(viii) Neither RCTC 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:
3.6 Deductibles and Self-Insurance Retentions. Any deductibles or self-insured retentions
must be declared to and approved by RCTC. If RCTC does not approve the deductibles
or self-insured retentions as presented, Recipient shall guarantee that, at the option of
RCTC, either: (1) the insurer shall reduce or eliminate such deductibles or self-
insured retentions as respects RCTC, its directors, officials, officers, employees and
agents; or, (2) Recipient shall procure a bond guaranteeing payment of losses and
related investigation costs, claims and administrative and defense expenses.
3.7 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 RCTC.
3.8 Verification of Coverage. Recipient shall furnish Commission with original
certificates of insurance and endorsements effecting coverage required by this
Agreement on forms satisfactory to RCTC. 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 RCTC before work commences. RCTC reserves the right to require
complete, certified copies of all required insurance policies, at any time.
3.9 Subconsultant Insurance Requirements. Recipient shall not allow any subcontractors
or subconsultants to commence work on any subcontract until they have provided
evidence satisfactory to RCTC 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 RCTC as an additional
insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same
coverage. If requested by Recipient, RCTC may approve different scopes or
minimum limits of insurance for particular subcontractors or subconsultants.
4. General Provisions.
4.1 Termination of Agreement.
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(a) RCTC may, by written notice to Recipient, terminate the whole
or any part of this Agreement at any time, with or without cause, by giving written
notice to Recipient of such termination, and specifying the effective date thereof.
Recipient may not terminate this Agreement except for cause. Upon termination,
Recipient shall cease expenditure of funds and promptly return all unexpended funds
to RCTC.
(b) In the event this Agreement is terminated in whole or in part
as provided in paragraph A of this Section, RCTC may procure, upon such terms and
in such manner as it may determine appropriate, services similar to those terminated.
(c) If this Agreement is terminated as provided in paragraph A of
this Section, RCTC may require Recipient to provide to RCTC all finished or
unfinished documents, data, studies, drawings, reports, etc., prepared by Recipient
in connection with the performance of this Agreement.
4.2 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:
Riverside County Transportation Commission
4080 Lemon Street, Third Floor
P. 0. Box 12008
Riverside, California 92502 -2208
Attn: Anne Mayer, Executive Director
Recipient Name
Address
Riverside, CA 92553
Attn: ____________
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 a pplicable address.
4.3 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 suits.
4.4 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 in writing and
signed by both parties.
4.5 Governing Law. This Agreement shall be governed by the laws of the State of
California. Venue shall be in Riverside County.
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4.6 Time of Essence. Time is of the essence for each and every provision of this
Agreement.
4.7 Successors and Assigns. This Agreement shall be binding on the successors and
assigns of the parties, and shall not be assigned by Recipient without the prior written
consent of RCTC.
4.8 Administration.
(a) RCTC's Executive Director, or his designee, shall administer this
contract on behalf of RCTC.
(b) Recipient hereby designates ____________, or his or her designee,
to act as its representative to administer this contract on behalf of Recipient
("Recipient's Representative"). Recipient's Representative shall have full authority
to represent and act on behalf of Recipient for all purposes under this contract.
5. Equal Opportunity Employment. Recipient represents that it is an equal opportunity employer
and it shall not discriminate against any employee or applicant for employment 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.
6. Subcontracting. Recipient shall not subcontract any portion of the work required by this
Agreement without prior written approval of RCTC. Subcontracts, if any, shall contain a
provision making them subject to all provisions stipulated in this Agreement.
7. Incorporation of Recitals. The Recitals set forth above are true and correct and are
incorporated into this Agreement by reference as though fully set forth herein.
8. Incorporation of Exhibits. This Agreement contains two (2) exhibits, Exhibits A and B,
which are attached hereto and incorporated into this Agreement by reference.
9. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute
an original.
10. 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.
11. 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 govern over any conflicting provisions in the exhibits.
12. Headings. Article and Section Headings, paragraph captions or marginal headings contained
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in this Agreement are for convenience only and shall have no effect in the construction or
interpretation of any provision herein.
13. Authority to Enter Agreement. Recipient 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.
14. 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
obligations, shall survive any such expiration or termination.
15. No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or
obligation assumed by the parties.
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SIGNATURE PAGE
TO
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
FUNDING AGREEMENT
WITH UNIVERSITY OF CALIFORNIA REGENTS
IN WITNESS WHEREOF, this Agreement was executed on the date first written above.
RIVERSIDE COUNTY CONSULTANT
TRANSPORTATION COMMISSION
By:__________________________ By: ____________________________
[INSERT NAME] Signature
[INSERT RCTC SIGNATOR]
___________________________
Name
____________________________
Title
Approved as to Form: Attest:
By: ____________________________ By: ________________________
Best Best & Krieger LLP
General Counsel 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.
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ATTACHMENT "A" SETTLEMENT AGREEMENT
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ATTACHMENT B – SCOPE OF WORK
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Health-Based Truck Route Assessment for the Cities of Riverside/Moreno Valley
Bourns College of Engineering
Center for Environmental Research and Technology (CE-CERT)
University of California at Riverside
Introduction
The cities of Riverside and Moreno Valley have long been impacted by degraded air quality, partly driven
by diesel emissions from freight-related sources especially heavy-duty diesel trucks (HDDTs). These diesel
emissions are concentrated in and around freight hubs such as the port, railyards, and warehouses. With
the growing logistics industry in the region, the amount of truck traffic and the associated air quality and
health impacts are expected to get worse. These burdens are disproportionately felt by vulnerable
populations, such as children and people with underlying medical conditions, especially in environmental
justice and disadvantaged communities.
Many cities with a significant amount of truck traffic have designated truck routes within their boundaries.
Truck routes are usually chosen based on truck traffic volume, roadway characteristics (e.g., number of
lanes, speed limit, connection to freeways), safety consideration, etc. Air quality and health impacts may
not be explicitly accounted for. Given the concerns among residents about the health impacts of truck
traffic in the region, it is proposed herein to conduct health-based assessment of the current truck routes
designation in the cities of Riverside and Moreno Valley to see if any adjustments should be made.
Scope of Work
The proposed health-based truck route assessment will involve the following tasks:
1. Data Collection and Modeling of Truck Activities – The project team will attempt to collect a
variety of data that can inform the level of truck activities and their spatiotemporal distribution
in the cities. These will include, but not limited to, freight facilities (e.g., warehouses), other
major truck trip origins and destinations (e.g., big box stores), existing truck routes, truck traffic
volume, traffic speed, zone-level estimates of truck trips from travel demand model, etc. Using
the collected data, the project team will develop and calibrate an activity-based transportation
model for the cities using the Behavior, Energy, Autonomy, and Mobility (BEAM) modeling tool.
The BEAM model for the cities will be able to simulate truck activities inside the cities in great
details such as the starting and ending locations of each trip (see Figure 1 for example).
2. Air Quality and Human Exposure Assessment – The project team will construct an emission
inventory of the overall truck population traveling in the cities. The emission inventory will
include estimates of truck emissions on each roadway in the cities, providing information to help
understand the spatial distribution of the emission impact from goods movement in the different
parts of the cities. In the construction of the emission inventory, we will use input data specific
to the cities as much as possible, and supplement it with air basin-level or county-level data from
the California Air Resources Board (CARB)’s EMFAC model where needed. Using the emission
estimates, we will conduct air pollutant dispersion modeling to assess how HDDT emissions
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impact air quality in the cities. After that, we will conduct a human exposure assessment to
estimate the residents’ exposure to air pollution from HDDTs throughout the cities.
Figure 1. [Top Left] Locations of truck trip origins in Riverside, CA; [Top Right] Locations of truck trip destinations;
[Bottom] Truck trips between the origins and the destinations
1. Truck Routes Scenario Evaluation – Truck routes are usually chosen based on truck traffic volume,
roadway characteristics (e.g., number of lanes, speed limit, connection to freeway s), safety
consideration, etc. Air quality and health impacts may not be explicitly accounted for. In this task,
the project team will use the air quality modeling and human exposure assessment results from
Task 2 to inform adjustment(s) that should be made to the existing truck routes designation.
Then, we will implement the new truck routes designation in the BEAM model for the cities and
simulate the new pattern of truck activities in the cities. After that, we will calculate the air
quality and human exposure for the new truck routes scenario, and compare the results against
those of the baseline scenario with the current truck routes designation.
2. Preparation of Deliverables – The deliverables from this project will include: 1) a project report
that describes the work done in the project and the results, 2) a 2-page policy brief that
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summarizes the key findings and policy implications from the project, and 3) a presentation of
the project results to Riverside County Transportation Commission and relevant stakeholders.
Timeline and Budget
The timeline for this project is 15 months as shown in Figure 2. The estimated project budget is $100,000.
Task\Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
1. Data Collection and
Modeling of Truck
Activities
2. Air Quality and Human
Exposure Assessment
3. Truck Routes Scenario
Evaluation
4. Preparation of
Deliverables
Figure 2. Timeline of the proposed project
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Agreement No. 23-67-043-00
FUNDING AGREEMENT FOR THE COMMUNITY
TRANSLATIONAL RESEARCH INSTITUTE
PURSUANT TO THE SETTLEMENT AGREEMENT
INVOLVING THE WORLD LOGISTICS CENTER DATED
JULY 29, 2016, AS AMENDED
THIS., FUNDING AGREEMENT ("Agreement") is made and entered into as of
___________, 2023, by and between the Riverside County Transportation Commission,
(“RCTC") and Public Health Foundation Enterprises Inc., dba Heluna Health (“RECIPIENT"),
1.Recitals.
1.1 The Settlement Agreement dated July 29, 2016, (the "Settlement Agreement")
attached hereto as Attachment A and incorporated herein by this reference, required RCTC to
collect settlement contributions and provide $100,000 to RECIPIENT, for the Community
Translational Research Institute, a program of the RECIPIENT, for public health research.
1.2 Funding for the Project shall be provided pursuant to the terms contained in this
Agreement in the form of local funds
1.3 Recipient will utilize the funds for Environmental Sources of Early Life Adversity
in Northwest Riverside County and Prevention and Remediation of Their Adverse Behavioral
Health Sequalae (“Project”).
1.4 Recipient shall utilize the funding allocated and distributed by RCTC solely for the
Project.
2. Terms.
2.1 General Scope. Recipient shall use the funds granted hereunder exclusively to
implement, staff, manage, and operate the Project. Recipient shall be solely responsible for
implementing, staffing, managing and operating the Project in the manner described herein.
The funds provided pursuant to this Agreement are specifically for the Project and
are the entire amount which RCTC intends to provide to the Project. Any subsequent amendment
to the Project scope or description or additional services to be provided are not covered by this
Agreement, and the funding for any such amendments or additional services shall be the sole
responsibility of Recipient unless such amendments or additional services are approved in
writing by RCTC prior to the provision of such additional services.
2.2 Approval by RCTC. Any use of funds granted hereunder shall be subject to
ATTACHMENT 3
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the review and approval of RCTC.
2.3 Funding Reimbursement by Recipient. If it is determined pursuant to a Project
audit that any funds granted hereunder have been improperly expended, Recipient shall
reimburse RCTC for the full amount of such improperly expended funds within thirty (30) days
of notification and request for repayment by RCTC.
2.4 Term. The term of this Agreement shall be from the Effective Date until funds are
expended, unless terminated at an earlier date as provided herein.
2.5 Indemnification. Recipient shall defend, indemnify and hold RCTC, its
directors, officials, officers, employees, agents and/or volunteers free and harmless from any
and all liability from loss, damage, or injury to property or persons, including wrongful
death, in any manner arising out of or incident to any acts, omissions or willful misconduct
of Recipient or any of its agents, employees, contractors, volunteers, or service providers
arising out of or in connection with Recipient's performance of this Agreement, including
without limitation the payment of consequential damages and attorneys' fees. Further,
Recipient shall defend at its own expense, including the payment of attorneys' fees, RCTC,
its officials, officers, employees, and agents in any legal action based upon such acts,
omissions or willful misconduct. Recipient shall reimburse RCTC and its directors, 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 the indemnity herein
provided.
2.6 Standard of Care; Performance Standards.
A. Recipient shall implement the Project in a skillful and competent
manner and in accordance with all applicable local, state, and federal laws, rules and
regulations. Recipient shall be responsible to RCTC for any errors or omissions in its
execution of this Agreement and the implementation of the Project.
B. Recipient shall meet or exceed the following performance standards
for the Project.
C. Recipient shall adhere to the timeline set forth in this Agreement or as
subsequently directed by RCTC.
D. Recipient shall expend RCTC financial contributions entirely on the
Project.
E. Recipient shall implement the Project in a manner consistent with
Attchment "B" and all provisions of this Agreement.
F. Recipient shall comply with any requirements and restrictions imposed
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by RCTC on the use of RCTC financial contributions provided for the Project.
3. Insurance.
3.1 Time for Compliance. Recipient shall not
commence work under this Agreement until it has provided evidence
satisfactory to RCTC that it has secured all insurance required under this section,
in a form and with insurance companies acceptable to RCTC. In addition,
Recipient shall not allow any subcontractor to commence work on any
subcontract until it has secured all insurance required under this section.
3.2 Minimum Requirements. Recipient 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 or the Project by
Recipient, its agents, representatives, employees or subcontractors. Recipient
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:
3.3 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.
3.4 Minimum Limits of Insurance. Recipient
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 Recipient 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.
3.5 Insurance Endorsements. The insurance policies shall contain the following
provisions, or Recipient shall provide endorsements on forms approved by
RCTC to add the following provisions to the insurance policies:
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(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 consultants 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 RCTC, 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 RCTC'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.
(b) Automobile Liability. The automobile liability policy shall be endorsed to
state that: (1) RCTC, 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 Recipient or for which Recipient is responsible; and (2) the insurance coverage
shall be primary insurance as respects RCTC, its directors, officials, officers,
employees and agents, or if excess, shall stand in an unbroken chain of coverage
excess of Recipient's scheduled underlying coverage. Any insurance or self-
insurance maintained by RCTC, its directors, officials, officers, employees and
agents shall be excess of Recipient's insurance and shall not be called upon to
contribute with it in any way.
(c) Workers' Compensation and Employers Liability Coverage.
(i) Recipient 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 RCTC, its directors, officials, officers, employees and agents for losses paid
under the terms of the insurance policy which arise from work performed by
Recipient.
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(d) 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 RCTC, 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 RCTC (if agreed to in a written contract or agreement) before RCTC'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) Recipient shall provide RCTC at least thirty (30) days prior
written notice of cancellation of any policy required by this Agreement, except that
Recipient 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, Recipient shall deliver
renewal certificate(s) including the General Liability Additional Insured
Endorsement to RCTC 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. Recipient shall maintain such coverage
continuously for a period of at least three years after the completion of the work
under this Agreement. Recipient 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
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insurance coverage to be maintained by Recipient, and any approval of said
insurance by RCTC, is not intended to and shall not in any manner limit or qualify
the liabilities and obligations otherwise assumed by Recipient 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 Recipient or Commission will
withhold amounts sufficient to pay premium from Recipient payments. In the
alternative, Commission may cancel this Agreement. RCTC may require Recipient
to provide complete copies of all insurance policies in effect for the duration of the
Project.
(viii) Neither RCTC 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:
3.6 Deductibles and Self-Insurance Retentions. Any
deductibles or self-insured retentions must be declared to and approved by RCTC. If
RCTC does not approve the deductibles or self-insured retentions as presented,
Recipient shall guarantee that, at the option of RCTC, either: (1) the insurer shall
reduce or eliminate such deductibles or self-insured retentions as respects RCTC, its
directors, officials, officers, employees and agents; or, (2) Recipient shall procure a
bond guaranteeing payment of losses and related investigation costs, claims and
administrative and defense expenses.
3.7 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 RCTC.
3.8 Verification of Coverage. Recipient shall furnish
Commission with original certificates of insurance and endorsements effecting
coverage required by this Agreement on forms satisfactory to RCTC. 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 RCTC before work commences.
RCTC reserves the right to require complete, certified copies of all required insurance
policies, at any time.
3.9 Subconsultant Insurance Requirements. Recipient shall not allow any subcontractors
or subconsultants to commence work on any subcontract until they have provided
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evidence satisfactory to RCTC 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 RCTC as an additional
insured using ISO form CG 20 38 04 13 or an endorsement providing the exact same
coverage. If requested by Recipient, RCTC may approve different scopes or
minimum limits of insurance for particular subcontractors or subconsultants.
4. General Provisions.
4.1 Termination of Agreement.
(a) RCTC may, by written notice to Recipient, terminate the
whole or any part of this Agreement at any time, with or without cause, by giving
written notice to Recipient of such termination, and specifying the effective date
thereof. Recipient may not terminate this Agreement except for cause. Upon
termination, Recipient shall cease expenditure of funds and promptly return all
unexpended funds to RCTC.
(b) In the event this Agreement is terminated in whole or in part
as provided in paragraph A of this Section, RCTC may procure, upon such terms and
in such manner as it may determine appropriate, services similar to those
terminated.
(c) If this Agreement is terminated as provided in paragraph A
of this Section, RCTC may require Recipient to provide to RCTC all finished or
unfinished documents, data, studies, drawings, reports, etc., prepared by Recipient
in connection with the performance of this Agreement.
4.2 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:
Riverside County Transportation Commission
4080 Lemon Street, Third Floor
P. 0. Box 12008
Riverside, California 92502 -2208
Attn: Anne Mayer, Executive Director
Recipient Name
Address
Riverside, CA 92553
Attn: ____________
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.
4.3 Attorneys' Fees. If either party commences an action against the other
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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 suits.
4.4 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
in writing and signed by both parties.
4.5 Governing Law. This Agreement shall be governed by the laws of the
State of California. Venue shall be in Riverside County.
4.6 Time of Essence. Time is of the essence for each and every
provision of this Agreement.
4.7 Successors and Assigns. This Agreement shall be binding on the
successors and assigns of the parties, and shall not be assigned by Recipient without
the prior written consent of RCTC.
4.8 Administration.
(a) RCTC's Executive Director, or his designee, shall administer
this contract on behalf of RCTC.
(b) Recipient hereby designates ____________, or his or her designee,
to act as its representative to administer this contract on behalf of Recipient
("Recipient's Representative"). Recipient's Representative shall have full authority
to represent and act on behalf of Recipient for all purposes under this contract.
5. Equal Opportunity Employment. Recipient represents that it is an equal
opportunity employer and it shall not discriminate against any employee or applicant for
employment 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.
6. Subcontracting. Recipient shall not subcontract any portion of the work
required by this Agreement without prior written approval of RCTC. Subcontracts, if any,
shall contain a provision making them subject to all provisions stipulated in this
Agreement.
7. Incorporation of Recitals. The Recitals set forth above are true and correct
and are incorporated into this Agreement by reference as though fully set forth herein.
8. Incorporation of Exhibits. This Agreement contains two (2) exhibits, Exhibits A
and B, which are attached hereto and incorporated into this Agreement by reference.
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9. Counterparts. This Agreement may be signed in counterparts, each of which shall constitute
an original.
10. 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.
11. 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 govern over any conflicting provisions in the
exhibits.
12. 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.
13. Authority to Enter Agreement. Recipient 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.
14. 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 obligations, shall survive any such expiration or termination.
15. No Third Party Beneficiaries. There are no intended third party beneficiaries of
any right or obligation assumed by the parties.
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SIGNATURE PAGE
TO
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
FUNDING AGREEMENT
WITH PUBLIC HEALTH FOUNDATION ENTERPRISES INC., DBA HELUNA HEALTH
IN WITNESS WHEREOF, this Agreement was executed on the date first written above.
RIVERSIDE COUNTY CONSULTANT
TRANSPORTATION COMMISSION
By:__________________________ By: ____________________________
[INSERT NAME] Signature
[INSERT RCTC SIGNATOR]
___________________________
Name
____________________________
Title
Approved as to Form: Attest:
By: ____________________________ By: ________________________
Best Best & Krieger LLP
General Counsel 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.
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ATTACHMENT "A" SETTLEMENT AGREEMENT
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ATTACHMENT B – SCOPE OF WORK
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Scope of Work
Environmental Sources of Early Life Adversity in Northwest Riverside County
And Prevention and Remediation of their Adverse Behavioral Health Sequalae
The objectives of this research are fourfold: to 1) identify municipalities most impacted by
adverse environmental conditions, 2) identify promising resources in targeted municipalities
and communities to bring into a network to support a system of comprehensive prevention and
remediation services, 3) carry out community-based screenings to identify persons at risk for
behavioral and medical dysfunctions consequent to adverse experiences and exposures and
toxic stress, and 4) develop and assess an innovative system of community-based behavioral
health services consisting of core of community behavioral health and health and wellness
coaches and counselors.
Objective 1. Identify municipalities and communities in northwest Riverside County that are
most adversely impacted social, economic, natural, and built environmental factors. Toward
that end we will utilize existing databases to score and geocode each city on the following
dimensions of environmental adversity:
• Built environment. Factors that threaten social, emotional, and neurocognitive as well
as physical health and wellbeing arising from human activity include air and water
pollution, noise level, conditions of crowding, traffic congestion, warehouse acreage,
absence of green and recreation space, food deserts, etc. All these are taken as
indicators of adverse built environments.
• Social and economic environment. Poverty, unemployment, low levels of home
ownership, housing and food insecurity, foster home youth, incarceration, and low
school and college graduation rates, etc. are taken as indicators of social and economic
adversity
• Health environment. Asthma, low birth weight, type 2 diabetes, cardiovascular disease,
ACEs and toxic stress rates are all sequelae and indicators of health environment
A summary environmental adversity code will be computed for each municipality in Northw est
Riverside County. These scores will be used to stratify municipalities, and those with the highest
adverse environment scores will be targeted for community-based screenings and program
prevention and rehabilitation program development (Objectives 3 an d 4).
Objective 2. Identify and recruit promising behavioral health and social services. Beginning with
existing databases for social service resources including Access Riverside County and GIS
databases, we will develop a comprehensive list of current social services. We will carry out
telephone interviews to assess surveys of type, quality, cost, and special population services
provided by each, and where indicators are available (e.g., Unite Us data system) assess
responsiveness to referral requests. We plan to recruit resources that seem most promising
into a learning collaborative and the Unite Us referral and tracking system to optimize
continuity of prevention and remediation services as appropriate for community residents. See
Objectives 3 and 4.
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2
Objective 3. Community screenings will be carried in schools, churches, worksites, CBOs, and
social service resources identified in Objective 2. These screenings of adolescents and adults
will identify people at risk for behavioral and physical dysfunction and disease and rectuit them
into an array of evidence-based and innovative community programs developed under an
ongoing project funded by the Office of the California Surgeon General known as Prevention
and Rehabilitation of harmful sequelae of Childhood Adversities and Toxic Stress (PRATS).
Objective 4. Prevention and Remediation Programs. With support from PRATS, we are
developing and array of community behavioral health services for which we will seek ongoing
support from IEHP for implementation in Riverside County. These include Community Health
Workers (CHW) trained as behavioral health specialists who will work in teams with licensed
social workers, psychologists, nurses, and physicians to span the array of services from
community to clinic. CHWs will also be trained to provide physical health preventative and
rehabilitative services including health and wellness coaching and counseling and resource
navigation. We will hire a competent and experienced behavioral health specialist –
psychologist, psychiatrist, clinical social worker, etc., to coordinate development of the
behavioral health services.
Deliverables:
• Final report summarizing major findings and recommendations.
Project Period:
• Timeline for the project will be March 15, 2023 - September 15, 2024.
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SETTLEMENT AGREEMENT CONTRIBUTIONS INVOLVING
THE WORLD LOGISTICS CENTER FROM HIGHLAND
FAIRVIEW AND CITY OF MORENO VALLEY FOR THE
CENTER FOR ENVIRONMENTAL RESEARCH AND
TECHOLOGY (CERT) AND COMMUNITY
TRANSLATIONAL RESEARCH INSTITUTE (CTRI)
Lorelle Moe-Luna, Multimodal Services Director
1
Budget and Implementation Committee
February 27, 2023
Background Information
2
•In 2016, a settlement was reached between RCTC, the
County, Highland Fairview, and City of Moreno Valley
over the suit filed by RCTC and the County challenging
the environmental impact report regarding the World
Logistics Center.
•Terms of settlement required that RCTC collect a total of
$200,000 from Highland Fairview and the City and
provide $100,000 each to CERT and CTRI.
•Settlement contributions were received last fiscal year.
FEBRUARY 27, 2023
UCR CE-CERT BACKGROUND
3
•UCR Bourns College of Engineering (CE) is home to
CERT, better known as CE-CERT.
•Established in 1992, largest research center at UCR
•Five (5) research focus areas:
FEBRUARY 27, 2023
UCR CE-CERT PROPOSAL
4
Project: Health-Based Truck Route Assessment for the
Cities of Riverside and Moreno Valley
Scope
1)Use their modeling tool, “BEAM” to collect data and model truck activities and their
spatiotemporal distribution to simulate existing truck activities;
2)Construct an emission inventory of the overall truck population traveling through
the cities to understand the spatial distribution of the emission impact from goods
movement; and
3)Evaluate the overall truck routes using air quality and health impacts and inform
adjustments that should be made to existing truck routes from Task 1 and compare
the air quality and human exposure for the new truck route scenarios against the
current truck route designations.
FEBRUARY 27, 2023
UCR CE-CERT PROPOSAL
5
Figure 1. [Top Left] Locations of truck trip origins in Riverside, CA; [Top Right] Locations of truck
trip destinations; [Bottom] Truck trips between the origins and the destinations
CTRI BACKGROUND
6
•CTRI, a non-profit research institute, and a program of
Heluna Health.
•CTRI connects academic, government, and community
organizations to prevent chronic diseases from
emerging.
•3 strategic goals:
1.Design a community health system that works synergistically.
2.Empower these organizations to communicate with key
decision-makers to advocate sustainable solutions.
3.Discover unofficial community leaders and develop them into
official leadership positions within the community.
CTRI PROPOSAL
7
Project: Environmental Sources of Early Life adversity in
Northwest Riverside County and Prevention and Remediation
of their Adverse Behavioral Health Sequalae
Objectives
1.Identify communities most impacted by adverse environmental conditions;
2.Identify resources in targeted communities to bring into a network to support a system of
comprehensive prevention and remediation services;
3.Carry out community-based screenings to identify persons at risk for behavioral and
medical dysfunctions due to adverse experiences and exposures of toxic stress; and
4.Develop an innovative system of community-based behavioral health services consisting of
core community behavioral health and wellness coaches and counselors.
NEXT STEPS
8
•Timeline of projects:
•UCR CERT Proposal –15 months
•CTRI Proposal –18 months
•Staff will return to the Commission with final reports
Staff Recommendations
9
1)Award Agreement No.23-67-042-00 to the University of
California Regents for UCR’s CERT in the amount of $100,000
from settlement funds received from Highland Fairview and
Moreno Valley;
2)Award Agreement No.23-67-043-00 to CTRI,a program of
Heluna Health,in the amount of $100,000 from settlement funds
received from Highland Fairview and Moreno Valley;and
3)Authorize the Chair or Executive Director,pursuant to legal
counsel review,to execute the agreements on behalf of the
Commission.
FEBRUARY 27, 2023
QUESTIONS
10
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
ROLL CALL
FEBRUARY 27, 2023
Present Absent
County of Riverside, District III X
County of Riverside, District V X
City of Beaumont X
City of Calimesa X
City of Canyon Lake X
City of Cathedral City X
City of Coachella X
City of Desert Hot Springs X
City of Lake Elsinore X
City of Moreno Valley X
City of Murrieta X
City of Palm Desert X
City of Palm Springs X
City of San Jacinto X
City of Temecula X