HomeMy Public PortalAboutA 2020-05-05 LSAThis Agenda contains a brief general description of each item to be considered. Copies of the Staff reports or
other written documentation relating to each item of business referred to on the Agenda are on file in the Office of
the City Clerk and are available for public inspection. Any person who has a question concerning any of the
agenda items may call the City Manager at (310) 603-0220, ext. 200.
AGENDA
City of Lynwood as Successor Agency
to the Lynwood Redevelopment Agency
TO BE HELD ON
May 5, 2020
During the teleconference meeting, we ask all the public participating to please
mute their device. Please advise the City Clerk of your intention to make a
comment during public oral communication. Lines will be unmuted to allow you
to make your comments, if any. If interpretation services are needed, please dial
(310) 372-7549; conference code 673120. Duly Posted 4/30/20 by MQ
TELECONFERENCE VIA WEBEX- participate by using one of the following
numbers (213) 306-3065, (720) 650-7664, (206) 207-1700. Connect by using code
621 779 572; password 5969
6:00 PM
1.CALL TO ORDER
2.CERTIFICATION OF AGENDA POSTING BY SECRETARY
3.ROLL CALL OF MEMBERS
Aide Castro, Mayor
Jorge Casanova, Mayor Pro Tem
Salvador Alatorre, Council Member
Marisela Santana, Council Member
Jose Luis Solache, Council Member
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NON-AGENDA PUBLIC ORAL COMMUNICATIONS
THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD SUCCESSOR
AGENCY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD SUCCESSOR AGENCY AND NOT LISTED
ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION
OF THE ISSUE BY LYNWOOD SUCCESSOR AGENCY, BUT LYNWOOD SUCCESSOR AGENCY MAY REFER THE
MATTER TO STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M.
Brown Act, Government Code Section 54954.2 (a).)
CONSENT CALENDAR
Lynwood Successor Agency - Page 1 of 27
ALL MATTERS LISTED UNDER THE CONSENT CALENDAR WILL BE ACTED UPON BY ONE MOTION
AFFIRMING THE ACTION RECOMMENDED ON THE AGENDA. THERE WILL BE NO SEPARATE DISCUSSION ON
THESE ITEMS PRIOR TO VOTING UNLESS MEMBERS OF THE COUNCIL OR STAFF REQUEST SPECIFIC
ITEMS TO BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE ACTION.
4.TREASURER'S QUARTERLY REPORT
Comments:
The purpose of this item is to have the Honorable Mayor and the Lynwood City Council review the
Treasurer’s Quarterly Investment Report as required by State Statutes. (CT)
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Quarterly Investment Report.
The following information provided in this report highlights the investment activity for the 3rd quarter
ending March 31, 2020.
ADJOURNMENT
CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT
AGENCY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD
IN THE COUNCIL CHAMBERS OF CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF
LYNWOOD, CALIFORNIA.
Lynwood Successor Agency - Page 2 of 27
Agenda Item # 4.
AGENDA STAFF REPORT
DATE: May 5, 2020
TO: Honorable Mayor and Members of City Council, as Successor to Lynwood Redvelopment
Board
APPROVED BY: Jose Ometeotl, City Manager
PREPARED BY: Gabriela Camacho, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT: TREASURER'S QUARTERLY REPORT
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Quarterly Investment Report. The following
information provided in this report highlights the investment activity for the 3rd quarter ending March 31, 2020.
Background:
Due to the crisis caused by the Orange County investment pool, the State Legislature in 1995 enacted SB564 and
SB866. These laws were enacted as State Statutes to impose certain mandates regarding investments with public
funds. The statutes have imposed the following mandates:
1. Annual adoption of an Investment Policy that incorporates changes mandated by the State.
2. Quarterly Investment Reports presented to the Legislative Body or Board Members.
3. Restriction on the use of certain investment instruments.
The purpose of the Treasurer’s report is to update the City Council and the public of the status of the City’s cash
balances, investments and highlight changes from one period to another. This report includes reconciliation
between cash and investment balances, a schedule of all investments, and a report providing information on all
investment types, costs, interest rates, maturity dates and current market value.
Reports prepared by FTN Main Street Capital Advisors are as follows:
Portfolio Summary
Investment Policy Compliance Report
Historical Earnings & Book Rate
Portfolio Summary - Management
Lynwood Successor Agency - Page 3 of 27
Portfolio Details – Investments Report
Inventory by Maturity Report
Credit Rating Report
Interest Earnings Report
Accrued Interest Report
Gains/Losses
Cash Reconciliation Report
Monthly Economic & Market Update Report
Discussion and Analysis:
The market value of securities fluctuates, depending on how interest rates perform. When interest rates decrease,
the market value of the securities in the City’s portfolio will likely increase and when the interest rates increase, the
market value of the securities will likely decrease. The City’s practice is to buy and hold investments until maturity
so changes in the market price do not affect the City’s investment principal.
Short-term excess cash is primarily invested in the Local Agency Investment Fund (LAIF) administered by the
State Treasurer. LAIF is a high quality investment available in terms of safety, liquidity and yield. The City’s cash
and investment portfolio is sufficiently liquid to meet expected expenditures for the coming six months.
The majority of property tax revenues are received from the County in December and April. The vast majority of
cash held by the City is deposited into the Local Agency Investment Fund and can be withdrawn at any time.
There are three petty cash funds totaling $1,700.00 currently being used by various departments. There are two
change funds totaling $640.00; Water Billing $600.00 and Recreation $40.00.
The total amount of Non Sufficient Funds (NSF) from customers for the 3rd quarter reporting is $3,480.85 of
which, $3,077.78 has been collected. The remaining balance of Non Sufficient Funds outstanding for the 3rd
quarter is $403.07.
The market valuation is provided by FTN Main Street Capital Advisors and all of the investments are in compliance with
California Government Code Sections 53600 et seq. and the City’s investment policy.
Fiscal Impact:
The action recommended in this report will not have a fiscal impact on the City.
Coordinated With:
FTN Financial Main Street Advisors.
ATTACHMENTS:
Description
Quarterly Report - March 2020
FHN Quarterly Report - March 2020
Lynwood Successor Agency - Page 4 of 27
2020
Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street 19,343,710.80 $32,094,288.70 30,368,003.03 $27,035,284.10
Cash & Investments 31,824,909.82 $18,198,426.89 14,975,380.23 $18,572,566.34
Per Treasurer's Reports 51,168,620.62 50,292,715.59$ $45,343,383.26 45,607,850.44$
Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account*6,406,691.87$ 9,782,106.30$ 7,317,333.42$ 8,871,464.75$
*Local Agency Investment Fund 15,722,784.66$ 101,173.70$ -$ 15,823,958.36$
US Bank - Economic Development 11,868.61$ -$ -$ 11,868.61$
US Bank - RORF - Successor Agency 3,290,268.15$ 2,053,313.63$ 5,277.00$ 5,338,304.78$
Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account*8,871,464.75$ 4,300,940.42$ 5,338,276.84$ 7,834,128.33$
*Local Agency Investment Fund 15,823,958.36$ -$ 15,823,958.36$
US Bank - Economic Development 11,868.61$ 1,172.07$ 10,696.54$
US Bank - RORF - Successor Agency 5,338,304.78$ 2,080,669.18$ 3,257,635.60$
Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 7,834,128.33$ 16,992,269.46$ 6,888,049.25$ 17,938,348.54$
*Local Agency Investment Fund 15,823,958.36$ -$ 8,000,000.29$ 7,823,958.07$
US Bank - Economic Development 10,696.54$ -$ -$ 10,696.54$
US Bank - RORF - Successor Agency 3,257,635.60$ 2,016.75$ 3,255,618.85$
QUARTERLY TOTAL OF DEBITS/CREDITS 38,873,005.94$ 25,739,739.01$
*Funds transferred from LAIF account to the general account to cover expenditures
2019
Jan-20
Feb-20
Mar-20
CITY OF LYNWOOD
QUARTERLY REPORT
31-Mar-20
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS
BALANCES PER QUARTER
Lynwood Successor Agency - Page 5 of 27
Schedule of City Cash & Investments: This schedule provides information on the cash and investments
managed by the City.
Quarterly Interest Credit
Money Market/Certificate of Deposit (CD)Balance Interest F/Y to Date
JP Morgan Chase - Section 108 MMA 125,248.25$ 95.12$ 403.85$
JP Morgan Chase - Money Market Account 1,881,593.69$ 1,428.90$ 6,066.78$
JP Morgan Chase - Parking Enforcement 3,659,210.39$ 2,723.05$ 10,922.04$
US Bank - City of Lynwood 4,539.17$ 0.10$ 0.20$
Total 5,670,591.50$ 4,247.17$ 17,392.87$
Demand Deposits
General Account 17,938,354.54
US Bank - Economic Development 10,696.54
US Bank - Housing Authority A 32,146.57
US Bank - Housing Authority B 18,000.09$
US Bank - City HCDA 78,719.79$
US Bank - City Home Program 490,349.00
US Bank - Taxable Tabs 1,710,209.45$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - Money Market Account 49,028.48$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - RORF Successor Agency 3,255,618.85
US Bank - Low Mod Housing Trst Fnd/Rogel 1,988,554.78
US Bank - Lynwood Disaster Relief Fund 5,000.00$
US Bank - Settlement Remittance Fund 398,423.32
US Bank - Housing Authority 6,376.71$
Total 26,154,318.32$
Money Market Fund - A Money Market fund is a type of mutual fund that invest in short term debt
securities of agenies of the U.S. Government, banks, corporations and U.S. Treasury Bills.
Some advantages of a money market fund over savings and CDs are high liquidity, low risk, and competive yields.
The City currently has a total of five MMA accounts within the City's investment portfolio.
Certificate of Deposit - A Certificate of Deposit or CD, is a time deposit. They are similar to savings
accounts in that they are insured and relatively risk-free. They are different from savings accounts in that
they usually are for a fixed term and a fixed interest rae. CDs are inteded to be held until maturity, at which
time, the money may be withdrawn together with the accrued interest. The City currently has one CD
within the City's investment portfolio
Demand Deposits - Also known as "cash in the bank", this is the balance of the City's checking account with
US Bank, from which virtually all obligations are paid.
CITY OF LYNWOOD
QUARTERLY INVESTMENT REPORT
March 31, 2020
Lynwood Successor Agency - Page 6 of 27
March 2020.xls
Quarterly Date Interest
Issuer Investment Balance Interest Rec'd Received Rate
State of California LAIF 7,823,958.36 101,173.70 14-Jan-20 2.03%
Local Agency Investment Fund (LAIF):
The Local Agency Investment Fund is managed by the State Treasurer's Office Investment Division through the Pooled Money
Investment Account (PIMA). The LAIF allows cities, counties and special districts to place money in a major portfolio and to use
the expertise of their Investment Division staff, with no additional cost to taxpayers. Participating agencies can withdraw their funds
from the LAIF at any time. The State Treasurer invests money safely and prudently while minimizing the service costs and maximizing
the service costs and maximizing the investment yields. These investments help manage cash flow and enhance financial security.
The interest earned from the LAIF is distribued quarterly. (See Chart Below)
98.1 Billion
3/31/2020
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2020
LAIF Daily Yield 1.74 - Quarter to Date 1.90 - Average Days to Maturity 208
Pooled Money Investment Account
Portfolio Composition
0 0.2 0.4 0.6 0.8 1
Loans
Corporate Bonds
Commercial Paper
Now Accounts
Time Deposits
CDs/BNs
Agencies
Mortgages
Treasuries
10.64%
0.00%
10.31%
0.00%
5.34%
14.37%
22.41%
0.00%
46.83%
Lynwood Successor Agency - Page 7 of 27
March 2020.xls
PAR MARKET BOOK
INVESTMENTS VALUE VALUE VALUE
*Money Market Funds 149,015.14$ 149,015.14$ 149,015.14$
LAIF 7,823,958.36$ 7,823,958.36$ 7,823,958.36$
Corporate Notes 3,500,000.00$ 3,557,982.50$ 3,523,281.93$
Federal Agency 2,550,000.00$ 2,635,952.50$ 2,545,474.25$
Treasury Coupon Securities 250,000.00$ 253,165.00$ 248,813.66$
CD-FDIC 4,712,000.00$ 4,923,637.30$ 4,708,508.81$
TOTAL 18,984,973.50$ 19,343,710.80$ 18,999,052.15$
*Money Market Fund held at Goldman Sach
Schedule of City Cash & Investments: This schedule provides information on the cash and investments
managed by the City.
Time Deposit/MM/Certificate of Deposit Balance Maturity Date Interest
JP Morgan Chase (Section 108)125,248.25$ N/A 95.12$
JP Morgan Chase - Money Market Account 1,881,593.69$ N/A 1,428.90$
JP Morgan Chase - Parking Enforcement 3,659,210.39$ N/A 2,723.05$
US Bank - City of Lynwood 4,539.17$ N/A 0.10$
TOTAL 5,670,591.50$ 4,247.17$
Corporate Checking Accounts Balance
General Account 17,938,354.54$
US Bank - City HCDA 78,719.79$
US Bank - City Home Program 490,349.00$
US Bank - Economic Development 10,696.54$
US Bank - Housing Authority A 32,146.57$
US Bank - Housing Authority B 18,000.09$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - City of Lynwood 49,028.48$
US Bank - RORF Successor Agency 3,255,618.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 1,988,554.78$
US Bank - Taxable Tabs Housing Proj. 1,710,209.45$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - Lynwood Disaster Relief Fund 5,000.00$
US Bank - Settlement Remittance Fund 398,423.32$
US Bank - Housing Authority 6,376.71$
TOTAL 26,154,318.32$
CITY OF LYNWOOD
QUARTERLY REPORT
31-Mar-20
PORTFOLIO SUMMARY
Lynwood Successor Agency - Page 8 of 27
March 2020.xls
AVERAGE
MARKET PERCENTAGE (%)DAYS TO
DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS*19,343,710.80 100%*
CERTIFICATE OF DEPOSIT/TIME DEPOSIT/
MONEY MARKET/CUSTODY HOLDINGS 5,670,591.50
CHECKING ACCOUNT 26,154,318.32
TOTAL AVERAGES 31,824,909.82$
TOTAL INVESTMENTS & AVERAGES 51,168,620.62$
Gabriela Camacho
Gabriela Camacho/Sheila Harding I certify that this report accurately reflects all pooled
City Treasurer/Deputy Treasurer investment policy statements adopted by the City Council
on August 15, 1995. A copy of this policy is available at
the office of the City Clerk. The Investment Program herein
shown provides sufficient cash flow liquidy to meet 3 to 6
months estimated expenditures.
*See Report Prepared by Main Street Capital Advisors
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2020
MASTER SUMMARY
Lynwood Successor Agency - Page 9 of 27
Portfolio Summary
LAIF
FFCB
Market Value JP Morgan Chase & Co.
Book Value FNMA
Variance FHLB
Citibank
Par Value FHLMC
Oracle
Net Asset Value Toyota
US Bank
Book Yield Met Life
Walmart
Years to Maturity Honda
Apple
Effective Duration BMW
*Book Value is Amortized
$344,659 $362,165
$18,984,974 $26,973,553
2.6%
2.6%
2.6%
1.8%
2.7%
$101.814 $101.342
3/31/20 2/29/20
$19,343,711 $27,349,720
$18,999,052 $26,987,555
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.4%
1.3%
3/31/2020
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
City of Lynwood
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS
Issuer % Portfolio
41.2%
6.3%
2.14% 2.12%
1.36 0.99
1.30 0.98
Agy 13.4%
Tsy 1.3%
LAIF 41.2%
MMF 0.8%
CD-FDIC
24.8%
CP
0.0%
Corp 18.5%
54.3%
11.8%13.1%10.5%10.4%
0%
10%
20%
30%
40%
50%
60%
70%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y
41.2%
24.8%
0.0%
2.7%
2.7%
6.6%
1.3%
1.3%
2.6%
16.8%
0%25%50%
NR-LAIF
NR-FDIC CDs
P-1
A3
A2
A1
Aa1
Aa2
Aa3
Aaa
2.00%
2.10%
2.20%
2.30%
2.40%
2.50%Apr-19May-19Jun-19Jul-19Aug-19Sep-19Oct-19Nov-19Dec-19Jan-20Feb-20Mar-20Total Ex LAIF
NR: Not RatedPer Book ValuePer Book Value
Per Book Value
2Lynwood Successor Agency - Page 10 of 27
Investment Policy Compliance
Securities' market values are derived from the Entity's custodian.
0.0%
0.0%
0.8%
18.5%
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
13.4%
24.8%
0.0%
7.8 Mil
Supranational Debt Obligations
U.S. Federal Agencies No sector limit, no issuer limit (FHLB, FFCB, FNMA, FHLMC), maximum maturity 5 years
Commercial Paper
25% sector limit, no issuer limit, maximum maturity of 1 year, issued by national/state charter banks or
savings and loan associations, collateralized according to State Code
LAIF No sector limit, issuer limit is $65 million
Negotiable Certificates of Deposit 30% sector limit, issuer limit no greater than FDIC insured limit (currently $250,000), max maturity 5
years, issued by national/state charter banks or savings and loan associations
30% limit, 5% per issuer of US dollar-denominated senior unsecured unsubordinated obligations
guaranteed by IBRD, IFC, and IABD. Max maturity 5 years, min rating by 2 NRSRO's of AA.
Non-Negotiable Time Deposits
25% sector limit, 2% per issuer, maximum maturity 270 days, rated A-1 S&P or P-1 Moody's, issued by a
domestic corporation w/ at least $500 million of assets and A (S&P) or A2 (Moody's) long term debt
Money Market Mutual Funds Sector limit 20%, issuer limit 10%, Aaa (S&P) and AAA (Moody's)
Corporate Medium Term Notes 30% sectors limit, 2% issuer limit (includes CP in aggregate), maximum maturity 5 years, rated at least A
by S&P or A2 by Moody's
City of Lynwood 3/31/2020
1.3%Yes:
Weighted Average Maturity Weighted Average Maturity (WAM) must be less than 3.0 years
U.S. Treasuries No sector limit, no issuer limit, maximum maturity 5 years
Liquidity At least 30% of the portfolio must have maturities of 1 year or less Yes:54.3%
Item / Sector Parameters In Compliance
1.36 Yrs
3Lynwood Successor Agency - Page 11 of 27
Historical Earnings and Book Rate of Return Performance
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$10.1 $24.6 $34.1 $51.3 $61.1 $70.7 $87.2 $96.6 $107.6 $123.5 $133.8 $144.8
$12.2 $25.2 $38.6 $60.4 $73.8 $87.6 $109.0 $122.3 $136.9 $159.5 $174.8 $190.5
$16.9 $34.0 $49.5 $78.2 $93.6 $109.5 $136.7 $154.3 $173.9 $205.9 $225.9 $245.5
$20.7 $42.0 $63.2 $85.8 $106.6 $128.0 $152.4 $176.5 $200.9 $225.6 $252.5 $281.1
$28.6 $53.2 $75.2 $99.7 $122.7 $145.5 $174.9 $200.2 $229.0 $261.9 $297.4 $332.7
$37.9 $76.5 $113.6 $155.5 $190.6 $227.5 $272.8 $315.9 $362.6 $413.0 $462.1 $527.1
$65.1 $31.7 $187.2 $249.1 $303.1 $354.9 $410.1 $456.9 $498.4
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2.41%2.38%2.36%2.31%2.27%2.21%2.19%2.18%2.14%
Custom Benchmark*2.38%2.39%2.31%2.25%2.19%2.15%2.09%2.04%1.93%
0.03%-0.01%0.05%0.06%0.08%0.06%0.10%0.14%0.21%
*Benchmark: 60% LAIF's Monthly Distribution Rate; ICE BofAML 24 Month Moving Average of 25% the 1-5 Year Corporate Index, 15% 1-5 Year Agency Index
City of Lynwood 3/31/2020
Variance
Book Rate of Rtn
Fiscal YTD ($000s)
FY 2014
FY 2015
FY 2016
FY 2017
FY 2018
FY 2019
FY 2020
$0
$100
$200
$300
$400
$500
$600
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May JunThousandsFiscal Year-to-Date Earnings
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020
1.80%
1.90%
2.00%
2.10%
2.20%
2.30%
2.40%
2.50%
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Monthly Book Rate of Return vs Benchmark
Portfolio
Benchmark
13Lynwood Successor Agency - Page 12 of 27
4-7-2020
16Lynwood Successor Agency - Page 13 of 27
Moody's
Page 1
Par Value Book Value Maturity
Date
Stated
RateMarket Value
March 31, 2020
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIPInvestment #Purchase
Date
Money Market Funds
AaaGoldman Sach Govt MMF10011 149,015.14 149,015.14 0.340149,015.14 0.3409000 AAA
149,015.14 0.340149,015.14149,015.14143,101.58Subtotal and Average
LAIF
LAIF10000 7,823,958.36 7,823,958.36 1.7407,823,958.36 1.7409001
7,823,958.36 1.7407,823,958.367,823,958.3611,694,926.10Subtotal and Average
Corporate Notes
Aa1Apple10118250,000.00 249,906.75 08/04/20211.55008/04/2016 251,542.50 1.579037833CC2 AA+
A1BMW10149250,000.00 249,349.83 04/12/20213.10010/09/2018 248,935.00 3.36505565EAU9 A+
Aa3Citibank10134250,000.00 249,986.60 10/20/20202.12510/23/2017 250,057.50 2.13517325FAJ7 A+
A1Cisco10123250,000.00 247,955.51 09/20/20211.85011/29/2016 251,700.00 2.44317275RBJ0 AA-
A3Honda10150250,000.00 250,051.11 10/10/20233.62510/10/2018 254,007.50 3.61902665WCQ2 A
A1Jackson Natl Life10128 250,000.00 249,004.35 06/27/20222.50007/12/2017 245,465.00 2.69146849LSW2 AA-
A2JP Morgan Chase & Co.10160 500,000.00 512,444.68 05/13/20243.62505/13/2019 521,370.00 2.97046625HJX9 A-
Aa3Met Life10135 250,000.00 250,912.17 04/08/20222.65011/02/2017 251,032.50 2.45859217GCD9 AA-
AaaNew York Life10167 250,000.00 249,136.90 01/22/20252.00001/22/2020 248,392.50 2.07664952WDL4 AA+
A3Oracle10166250,000.00 259,213.42 11/15/20242.95011/27/2019 262,020.00 2.10668389XBS3 A+
A1Toyota10155250,000.00 252,748.89 01/08/20243.35002/28/2019 255,697.50 3.03389236TFS9 AA-
A1US Bank10156 250,000.00 252,492.64 07/24/20233.40003/01/2019 262,317.50 3.07690331HNV1 AA-
Aa2Walmart10142250,000.00 250,079.08 06/23/20213.12506/27/2018 255,445.00 3.098931142EJ8 AA
3,523,281.93 2.6873,557,982.503,500,000.003,523,449.09Subtotal and Average
Federal Agency
AaaFFCB10152500,000.00 500,680.79 11/15/20213.05011/27/2018 520,980.00 2.9613133EJT74 AA+
AaaFFCB10162500,000.00 499,914.95 07/01/20241.90007/02/2019 526,755.00 1.9043133EKTV8 AA+
AaaFFCB10165200,000.00 198,518.59 10/16/20241.50010/17/2019 207,822.00 1.6713133EK3B0 AA+
AaaFHLB10124500,000.00 497,706.85 12/10/20211.87512/28/2016 512,010.00 2.1623130AAB49 AA+
AaaFHLMC10126350,000.00 350,000.00 04/27/20201.58004/27/2017 350,325.50 1.5803134GBHX3 AA+
AaaFNMA10136500,000.00 498,653.07 10/05/20222.00011/30/2017 518,060.00 2.1133135G0T78 AA+
2,545,474.25 2.1412,635,952.502,550,000.002,545,403.37Subtotal and Average
Treasury Coupon Securities
AaaU.S. Treasury10158 250,000.00 248,813.66 12/15/20201.87503/04/2019 253,165.00 2.5679128283L2 AA+
Portfolio LYNW
APData Updated: SET_PMM: 04/06/2020 13:47
Run Date: 04/06/2020 - 13:47 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1 18Lynwood Successor Agency - Page 14 of 27
Moody's
Page 2
Par Value Book Value Maturity
Date
Stated
RateMarket Value
March 31, 2020
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIPInvestment #Purchase
Date
248,813.66 2.567253,165.00250,000.00248,744.68Subtotal and Average
CD-FDIC
Comenity Capital Bank10143 248,000.00 247,628.54 06/29/20233.30006/29/2018 271,047.22 3.40320033AZK5
Ally Bank10127 248,000.00 247,972.89 06/22/20201.90006/23/2017 248,407.01 1.95202006L3N1
Barclays Bank10133 248,000.00 247,942.46 09/21/20201.95009/21/2017 248,869.11 2.00106740KKU0
BMW Bank10130 248,000.00 247,953.95 08/18/20201.90008/21/2017 248,601.91 1.95205580AKA1
Citibank10154 248,000.00 247,552.05 02/27/20243.00002/28/2019 272,628.03 3.05217312Q3B3
Enerbank10164 248,000.00 247,583.93 09/27/20232.00009/30/2019 261,414.14 2.05229278TLY4
Capital One Bank USA10129 248,000.00 247,727.60 08/02/20222.30008/03/2017 258,686.74 2.3511404203Z1
Eagle Bank10159 248,000.00 248,000.00 05/20/20222.60005/10/2019 259,191.00 2.60527002YEM4
Flagstar Bank10161 248,000.00 248,000.00 06/13/20222.50006/12/2019 259,136.42 2.50033847E2J5
First Missouri Bank10163 248,000.00 248,000.00 09/13/20241.85009/13/2019 263,068.24 1.85232100LCB9
Goldman Sachs Bank10144 248,000.00 247,628.97 07/06/20233.30007/09/2018 271,141.75 3.35238148PR33
HSBC10116 248,000.00 248,000.00 07/08/20201.40007/08/2016 248,078.74 1.40140434AZ44
Key Bank10131 248,000.00 247,952.64 08/21/20201.85008/24/2017 248,566.00 1.90349306SYR1
Merrick Bank10153 248,000.00 247,665.13 02/21/20233.35012/19/2018 268,928.33 3.40759013J5Z8
Morgan Stanley Bank10137 248,000.00 247,675.87 01/11/20232.65001/12/2018 263,224.63 2.70261747MF63
State Bank of India10138 248,000.00 247,893.32 02/16/20212.45002/15/2018 251,207.59 2.503856285HL8
Salllie Mae Bank10132 248,000.00 247,720.89 08/23/20222.35008/24/2017 259,247.58 2.402795450D36
Synchrony Bank10115 248,000.00 248,000.00 06/29/20211.55006/29/2016 249,985.06 1.55187165HNN6
Wells Fargo Bank10147 248,000.00 247,610.57 08/30/20233.30008/31/2018 272,207.80 3.354949763TF3
4,708,508.81 2.4364,923,637.304,712,000.004,708,441.09Subtotal and Average
2.14222,864,065.92 18,984,973.50 19,343,710.80 18,999,052.15Total and Average
Portfolio LYNW
APData Updated: SET_PMM: 04/06/2020 13:47
Run Date: 04/06/2020 - 13:47 PM (PRF_PM2) 7.3.0
19Lynwood Successor Agency - Page 15 of 27
Lynwood - Maturity Report
Inventory by Maturity Report
March 31, 2020
Current
Rate
Par
Value
Book
Value
Sec.
TypeFund Date Maturity
Amount
Days toTotal
Days 360 365MaturityYTM
MaturityCUSIPInvestment #Issuer Purchase
Date
7,823,958.361.7407,823,958.36 7,823,958.3607/01/2019LAIF100009001PA2LYNL 11.7401.7161
149,015.140.340149,015.14 149,015.1407/01/2019Goldman Sach Govt MMF100119000PA1LYN 10.3400.3351
350,000.001.580350,000.00 350,000.0004/27/2017FHLMC101263134GBHX3FACLYN 04/27/2020 261.5801.5581,096
248,000.001.900247,972.89 248,000.0006/23/2017Ally Bank1012702006L3N1MC2LYN 06/22/2020 821.9521.9251,095
248,000.001.400248,000.00 248,000.0007/08/2016HSBC1011640434AZ44MC2LYN 07/08/2020 981.4011.3821,461
248,000.001.900247,953.95 248,000.0008/21/2017BMW Bank1013005580AKA1MC2LYN 08/18/2020 1391.9521.9251,093
248,000.001.850247,952.64 248,000.0008/24/2017Key Bank1013149306SYR1MC2LYN 08/21/2020 1421.9031.8761,093
248,000.001.950247,942.46 248,000.0009/21/2017Barclays Bank1013306740KKU0MC2LYN 09/21/2020 1732.0011.9731,096
250,000.002.125249,986.60 250,000.0010/23/2017Citibank1013417325FAJ7MTNLYN 10/20/2020 2022.1352.1061,093
250,000.001.875248,813.66 250,000.0003/04/2019U.S. Treasury101589128283L2TRCLYN 12/15/2020 2582.5672.531652
248,000.002.450247,893.32 248,000.0002/15/2018State Bank of India10138856285HL8MC2LYN 02/16/2021 3212.5032.4691,097
250,000.003.100249,349.83 250,000.0010/09/2018BMW1014905565EAU9MTNLYN 04/12/2021 3763.3653.319916
250,000.003.125250,079.08 250,000.0006/27/2018Walmart10142931142EJ8MTNLYN 06/23/2021 4483.0983.0551,092
248,000.001.550248,000.00 248,000.0006/29/2016Synchrony Bank1011587165HNN6MC2LYN 06/29/2021 4541.5511.5301,826
250,000.001.550249,906.75 250,000.0008/04/2016Apple10118037833CC2MTNLYN 08/04/2021 4901.5791.5571,826
250,000.001.850247,955.51 250,000.0011/29/2016Cisco1012317275RBJ0MTNLYN 09/20/2021 5372.4432.4091,756
500,000.003.050500,680.79 500,000.0011/27/2018FFCB101523133EJT74FACLYN 11/15/2021 5932.9612.9211,084
500,000.001.875497,706.85 500,000.0012/28/2016FHLB101243130AAB49FACLYN 12/10/2021 6182.1622.1321,808
250,000.002.650250,912.17 250,000.0011/02/2017Met Life1013559217GCD9MTNLYN 04/08/2022 7372.4582.4241,618
248,000.002.600248,000.00 248,000.0005/10/2019Eagle Bank1015927002YEM4MC2LYN 05/20/2022 7792.6052.5691,106
248,000.002.500248,000.00 248,000.0006/12/2019Flagstar Bank1016133847E2J5MC2LYN 06/13/2022 8032.5002.4661,097
250,000.002.500249,004.35 250,000.0007/12/2017Jackson Natl Life1012846849LSW2MTNLYN 06/27/2022 8172.6912.6541,811
248,000.002.300247,727.60 248,000.0008/03/2017Capital One Bank USA101291404203Z1MC2LYN 08/02/2022 8532.3512.3191,825
248,000.002.350247,720.89 248,000.0008/24/2017Salllie Mae Bank10132795450D36MC2LYN 08/23/2022 8742.4022.3691,825
500,000.002.000498,653.07 500,000.0011/30/2017FNMA101363135G0T78FACLYN 10/05/2022 9172.1132.0841,770
248,000.002.650247,675.87 248,000.0001/12/2018Morgan Stanley Bank1013761747MF63MC2LYN 01/11/2023 1,0152.7022.6651,825
248,000.003.350247,665.13 248,000.0012/19/2018Merrick Bank1015359013J5Z8MC2LYN 02/21/2023 1,0563.4073.3601,525
248,000.003.300247,628.54 248,000.0006/29/2018Comenity Capital Bank1014320033AZK5MC2LYN 06/29/2023 1,1843.4033.3571,826
248,000.003.300247,628.97 248,000.0007/09/2018Goldman Sachs Bank1014438148PR33MC2LYN 07/06/2023 1,1913.3523.3061,823
250,000.003.400252,492.64 250,000.0003/01/2019US Bank1015690331HNV1MTNLYN 07/24/2023 1,2093.0763.0331,606
248,000.003.300247,610.57 248,000.0008/31/2018Wells Fargo Bank10147949763TF3MC2LYN 08/30/2023 1,2463.3543.3081,825
248,000.002.000247,583.93 248,000.0009/30/2019Enerbank1016429278TLY4MC2LYN 09/27/2023 1,2742.0522.0231,458
250,000.003.625250,051.11 250,000.0010/10/2018Honda1015002665WCQ2MTNLYN 10/10/2023 1,2873.6193.5691,826
250,000.003.350252,748.89 250,000.0002/28/2019Toyota1015589236TFS9MTNLYN 01/08/2024 1,3773.0332.9921,775
248,000.003.000247,552.05 248,000.0002/28/2019Citibank1015417312Q3B3MC2LYN 02/27/2024 1,4273.0523.0101,825
Portfolio LYNW
APData Updated: SET_MAT: 04/06/2020 13:55
Run Date: 04/06/2020 - 13:55 IM (PRF_IM) 7.1.1
Report Ver. 7.3.6.1
21Lynwood Successor Agency - Page 16 of 27
Current
Rate
Par
Value
Book
Value
Sec.
Type
Page 2
Fund Date
Maturity
Amount
Days toTotal
Days 360 365
Maturity YTM
Maturity
Inventory by Maturity Report
Lynwood - Maturity Report
CUSIP Investment #Issuer
Purchase
Date
500,000.003.625512,444.68 500,000.0005/13/2019JP Morgan Chase & Co.1016046625HJX9 MTNLYN 05/13/2024 1,5032.9702.9291,827
500,000.001.900499,914.95 500,000.0007/02/2019FFCB101623133EKTV8FACLYN 07/01/2024 1,5521.9041.8781,826
248,000.001.850248,000.00 248,000.0009/13/2019First Missouri Bank1016332100LCB9MC2LYN 09/13/2024 1,6261.8521.8271,827
200,000.001.500198,518.59 200,000.0010/17/2019FFCB101653133EK3B0FACLYN 10/16/2024 1,6591.6711.6481,826
250,000.002.950259,213.42 250,000.0011/27/2019Oracle1016668389XBS3MTNLYN 11/15/2024 1,6892.1062.0771,815
250,000.002.000249,136.90 250,000.0001/22/2020New York Life1016764952WDL4MTNLYN 01/22/2025 1,7572.0762.0481,827
Subtotal and Average 18,984,973.50 18,984,973.5018,999,052.15 2.112 2.142 495
18,984,973.50 18,984,973.5018,999,052.15Net Maturities and Average 2.112 2.142 495
Portfolio LYNW
APData Updated: SET_MAT: 04/06/2020 13:55
Run Date: 04/06/2020 - 13:55 IM (PRF_IM) 7.1.1
Report Ver. 7.3.6.1
22Lynwood Successor Agency - Page 17 of 27
Lynwood - Credit Rating
Credit Rating Report
March 31, 2020
Sorted by Moody's - Investment Number
Security #Purchase
Principal
Book
ValueInvestment #% of
Total
Moody's
RatingIssuerMarket
Value
S&P
Rating
Purchase
Date
Maturity
Date
Days To
Maturity
Stated
Rate YTM
10011 9000GSGF 07/01/2019Aaa AAA149,015.14 149,015.14 149,015.14 1 0.340 0.340 0.78
12/10/2021101243130AAB49FHLB12/28/2016Aaa AA+493,290.00 497,706.85 512,010.00 618 1.875 2.162 2.62
04/27/2020101263134GBHX3FHLMC04/27/2017Aaa AA+350,000.00 350,000.00 350,325.50 26 1.580 1.580 1.84
10/05/2022101363135G0T78FNMA11/30/2017Aaa AA+497,400.00 498,653.07 518,060.00 917 2.000 2.113 2.62
11/15/2021101523133EJT74FFCB11/27/2018Aaa AA+501,245.00 500,680.79 520,980.00 593 3.050 2.961 2.64
12/15/2020101589128283L2USTR03/04/2019Aaa AA+247,001.95 248,813.66 253,165.00 258 1.875 2.567 1.31
07/01/2024101623133EKTV8FFCB07/02/2019Aaa AA+499,900.00 499,914.95 526,755.00 1,552 1.900 1.904 2.63
10/16/2024101653133EK3B0FFCB10/17/2019Aaa AA+198,370.00 198,518.59 207,822.00 1,659 1.500 1.671 1.04
01/22/20251016764952WDL4NYLIFE01/22/2020Aaa AA+249,102.50 249,136.90 248,392.50 1,757 2.000 2.076 1.31
SubTotal for Aaa 3,185,324.59 3,192,439.95 3,286,525.14 16.792.0851.965839
08/04/202110118037833CC2AAPL08/04/2016Aa1 AA+249,652.50 249,906.75 251,542.50 490 1.550 1.579 1.32
SubTotal for Aa1 249,652.50 249,906.75 251,542.50 1.321.5791.550490
06/23/202110142931142EJ8WMT06/27/2018Aa2 AA250,192.50 250,079.08 255,445.00 448 3.125 3.098 1.32
SubTotal for Aa2 250,192.50 250,079.08 255,445.00 1.323.0983.125448
10/20/20201013417325FAJ7C10/23/2017Aa3 A+249,927.50 249,986.60 250,057.50 202 2.125 2.135 1.32
04/08/20221013559217GCD9MET11/02/2017Aa3 AA-252,002.50 250,912.17 251,032.50 737 2.650 2.458 1.32
SubTotal for Aa3 501,930.00 500,898.77 501,090.00 2.642.2972.388470
09/20/20211012317275RBJ0CSCO11/29/2016A1 AA-243,310.00 247,955.51 251,700.00 537 1.850 2.443 1.31
06/27/20221012846849LSW2JAC07/12/2017A1 AA-247,795.00 249,004.35 245,465.00 817 2.500 2.691 1.31
04/12/20211014905565EAU9BMWW10/09/2018A1 A+248,417.50 249,349.83 248,935.00 376 3.100 3.365 1.31
01/08/20241015589236TFS9TOY02/28/2019A1 AA-253,545.00 252,748.89 255,697.50 1,377 3.350 3.033 1.33
07/24/20231015690331HNV1USB03/01/2019A1 AA-253,307.50 252,492.64 262,317.50 1,209 3.400 3.076 1.33
SubTotal for A1 1,246,375.00 1,251,551.22 1,264,115.00 6.592.9232.844866
05/13/20241016046625HJX9JPM05/13/2019A2 A-515,115.00 512,444.68 521,370.00 1,503 3.625 2.970 2.70
SubTotal for A2 515,115.00 512,444.68 521,370.00 2.702.9703.6251503
10/10/20231015002665WCQ2HNDA10/10/2018A3 A250,072.50 250,051.11 254,007.50 1,287 3.625 3.619 1.32
11/15/20241016668389XBS3ORCL11/27/2019A3 A+259,900.00 259,213.42 262,020.00 1,689 2.950 2.106 1.36
SubTotal for A3 509,972.50 509,264.53 516,027.50 2.682.8493.2811492
10000 9001LAIF 07/01/2019None None7,823,958.36 7,823,958.36 7,823,958.36 1 1.740 1.740 41.18
Portfolio LYNW
APData Updated: SET_CRE: 04/06/2020 13:57
Run Date: 04/06/2020 - 13:57 CR (PRF_CR) 7.2.0
Report Ver. 7.3.6.1
23Lynwood Successor Agency - Page 18 of 27
Sorted by Moody's - Investment Number
Page 2Credit Rating Report
Lynwood - Credit Rating
Security #Purchase
Principal
Book
ValueInvestment #% of
Total
Moody's
RatingIssuerMarket
Value
S&P
Rating
Purchase
Date
Maturity
Date
Days To
Maturity
Stated
Rate YTM
06/29/20211011587165HNN6SYF06/29/2016None None248,000.00 248,000.00 249,985.06 454 1.550 1.551 1.31
07/08/20201011640434AZ44HSBC07/08/2016None None248,000.00 248,000.00 248,078.74 98 1.400 1.401 1.31
06/22/20201012702006L3N1ALLY06/23/2017None None247,637.92 247,972.89 248,407.01 82 1.900 1.952 1.31
08/02/2022101291404203Z1COFU08/03/2017None None247,417.20 247,727.60 258,686.74 853 2.300 2.351 1.30
08/18/20201013005580AKA1BMW08/21/2017None None247,637.92 247,953.95 248,601.91 139 1.900 1.952 1.31
08/21/20201013149306SYR1KEY08/24/2017None None247,635.44 247,952.64 248,566.00 142 1.850 1.903 1.31
08/23/202210132795450D36SLMA08/24/2017None None247,417.20 247,720.89 259,247.58 874 2.350 2.402 1.30
09/21/20201013306740KKU0BACR09/21/2017None None247,635.44 247,942.46 248,869.11 173 1.950 2.001 1.31
01/11/20231013761747MF63MSB01/12/2018None None247,417.20 247,675.87 263,224.63 1,015 2.650 2.702 1.30
02/16/202110138856285HL8SBIIN02/15/2018None None247,635.44 247,893.32 251,207.59 321 2.450 2.503 1.30
06/29/20231014320033AZK5ADS06/29/2018None None247,427.12 247,628.54 271,047.22 1,184 3.300 3.357 1.30
07/06/20231014438148PR33GOLD07/09/2018None None247,432.08 247,628.97 271,141.75 1,191 3.300 3.352 1.30
08/30/202310147949763TF3WFB08/31/2018None None247,429.60 247,610.57 272,207.80 1,246 3.300 3.354 1.30
02/21/20231015359013J5Z8MERICK12/19/2018None None247,516.40 247,665.13 268,928.33 1,056 3.350 3.407 1.30
02/27/20241015417312Q3B3C02/28/2019None None247,427.12 247,552.05 272,628.03 1,427 3.000 3.052 1.30
05/20/20221015927002YEM4EGBN05/10/2019None None248,000.00 248,000.00 259,191.00 779 2.600 2.605 1.31
06/13/20221016133847E2J5FBC06/12/2019None None248,000.00 248,000.00 259,136.42 803 2.500 2.500 1.31
09/13/20241016332100LCB9FMOSTB09/13/2019None None248,000.00 248,000.00 263,068.24 1,626 1.850 1.852 1.31
09/27/20231016429278TLY4CMS09/30/2019None None247,523.84 247,583.93 261,414.14 1,274 2.000 2.052 1.30
SubTotal for No Specified Rating 12,529,148.28 12,532,467.17 12,747,595.66 65.972.0011.986292
Portfolio LYNW
APData Updated: SET_CRE: 04/06/2020 13:57
Run Date: 04/06/2020 - 13:57 CR (PRF_CR) 7.2.0
Report Ver. 7.3.6.1
24Lynwood Successor Agency - Page 19 of 27
Page 1
March 31, 2020
Interest Earnings Summary
Month EndingMarch 31 Fiscal Year To Date
Portfolio Management
Lynwood - Portfolio Management
CD/Coupon/Discount Investments:
10,596.05Interest Collected
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
66,902.71
( 54,896.54)
186,618.76
66,902.71
( 54,583.18)
Less Accrued Interest at Purchase During Period ( 0.00)( 0.00)
Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods
22,602.22
76.66
0.00
198,938.29
1,858.25
-111.47
22,678.88 200,685.07
Pass Through Securities:
0.00Interest Collected
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
0.00
( 0.00)
0.00
0.00
( 0.00)
Less Accrued Interest at Purchase During Period ( 0.00)( 0.00)
Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods
0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00
Cash/Checking Accounts:
152.01Interest Collected
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
70,623.27
( 51,936.80)
324,636.94
70,623.27
( 97,536.04)
Interest Earned during Period 18,838.48 297,724.17
Total Interest Earned during Period
Total Adjustments from Premiums and Discounts
Total Capital Gains or Losses
Total Earnings during Period
41,440.70
76.66
0.00
496,662.46
1,858.25
-111.47
41,517.36 498,409.24
Portfolio LYNW
APData Updated: SET_PMM: 04/06/2020 13:47
Run Date: 04/06/2020 - 13:47 PM (PRF_PM6) 7.3.0
Report Ver. 7.3.6.1
27Lynwood Successor Agency - Page 20 of 27
Lynwood - Interest Reports
Interest Earnings
Sorted by Security Type - Maturity Date
March 1, 2020 - March 31, 2020
Yield on Beginning Book Value
Maturity
Date
Current
Rate
Ending
Par Value
Ending
IssuerFund Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted InterestAnnualized
YieldCUSIPInvestment #
Interest
Earned
Security Type: Money Market Funds
149,015.1410011149,015.14 0.340GSGF 97.88 0.00 97.880.838LYN137,594.429000
149,015.14Subtotal 149,015.14 0.838 97.880.0097.88137,594.42
Security Type: LAIF
7,823,958.36100007,823,958.36 1.740LAIF 18,740.60 0.00 18,740.601.394LYNL15,823,958.369001
7,823,958.36Subtotal 7,823,958.36 1.394 18,740.600.0018,740.6015,823,958.36
Security Type: Corporate Notes
249,986.6010134250,000.00 2.125C10/20/2020 442.71 2.02 444.732.095LYN249,984.5817325FAJ7
249,349.8310149250,000.00 3.100BMWW04/12/2021 645.83 52.58 698.413.299LYN249,297.2505565EAU9
250,079.0810142250,000.00 3.125WMT06/23/2021 651.05 -5.36 645.693.040LYN250,084.44931142EJ8
249,906.7510118250,000.00 1.550AAPL08/04/2021 322.91 5.79 328.701.549LYN249,900.96037833CC2
247,955.5110123250,000.00 1.850CSCO09/20/2021 385.42 115.94 501.362.382LYN247,839.5717275RBJ0
250,912.1710135250,000.00 2.650MET04/08/2022 552.08 -37.64 514.442.414LYN250,949.8159217GCD9
249,004.3510128250,000.00 2.500JAC06/27/2022 520.83 37.06 557.892.638LYN248,967.2946849LSW2
252,492.6410156250,000.00 3.400USB07/24/2023 708.33 -62.68 645.653.010LYN252,555.3290331HNV1
250,051.1110150250,000.00 3.625HNDA10/10/2023 755.21 -1.21 754.003.550LYN250,052.3202665WCQ2
252,748.8910155250,000.00 3.350TOY01/08/2024 697.91 -60.78 637.132.967LYN252,809.6789236TFS9
512,444.6810160500,000.00 3.625JPM05/13/2024 1,510.42 -251.92 1,258.502.890LYN512,696.6046625HJX9
259,213.4210166250,000.00 2.950ORCL11/15/2024 614.58 -166.11 448.472.036LYN259,379.5368389XBS3
249,136.9010167250,000.00 2.000NYLIFE01/22/2025 416.66 14.95 431.612.040LYN249,121.9564952WDL4
3,500,000.00Subtotal 3,523,281.93 2.629 7,866.58-357.368,223.943,523,639.29
Security Type: Federal Agency
350,000.0010126350,000.00 1.580FHLMC04/27/2020 460.83 0.00 460.831.550LYN350,000.003134GBHX3
500,680.7910152500,000.00 3.050FFCB11/15/2021 1,270.83 -34.97 1,235.862.906LYN500,715.763133EJT74
497,706.8510124500,000.00 1.875FHLB12/10/2021 781.25 112.96 894.212.116LYN497,593.893130AAB49
498,653.0710136500,000.00 2.000FNMA10/05/2022 833.33 44.70 878.032.073LYN498,608.373135G0T78
Portfolio LYNW
APData Updated: SET_INT: 04/06/2020 13:56
Run Date: 04/06/2020 - 13:56 IE (PRF_IE) 7.2.0
Report Ver. 7.3.6.1
28Lynwood Successor Agency - Page 21 of 27
Maturity
Date
Current
Rate
Ending
Par Value
EndingIssuerFund
Page 2
Book ValueBeginningBook Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
March 1, 2020 - March 31, 2020
Interest Earnings
Lynwood - Interest Reports
Annualized
YieldCUSIPInvestment #Interest
Earned
Security Type: Federal Agency
499,914.9510162500,000.00 1.900FFCB07/01/2024 791.67 1.66 793.331.868LYN499,913.293133EKTV8
198,518.5910165200,000.00 1.500FFCB10/16/2024 250.00 27.18 277.181.644LYN198,491.413133EK3B0
2,550,000.00Subtotal 2,545,474.25 2.100 4,539.44151.534,387.912,545,322.72
Security Type: Treasury Coupon Securities
248,813.6610158250,000.00 1.875USTR12/15/2020 397.03 142.55 539.582.555LYN248,671.119128283L2
250,000.00Subtotal 248,813.66 2.555 539.58142.55397.03248,671.11
Security Type: CD-FDIC
247,972.8910127248,000.00 1.900ALLY06/22/2020 400.20 10.26 410.461.949LYN247,962.6302006L3N1
248,000.0010116248,000.00 1.400HSBC07/08/2020 294.88 0.00 294.881.400LYN248,000.0040434AZ44
247,953.9510130248,000.00 1.900BMW08/18/2020 400.19 10.27 410.461.949LYN247,943.6805580AKA1
247,952.6410131248,000.00 1.850KEY08/21/2020 389.67 10.34 400.011.900LYN247,942.3049306SYR1
247,942.4610133248,000.00 1.950BACR09/21/2020 410.73 10.32 421.052.000LYN247,932.1406740KKU0
247,893.3210138248,000.00 2.450SBIIN02/16/2021 516.04 10.30 526.342.500LYN247,883.02856285HL8
248,000.0010115248,000.00 1.550SYF06/29/2021 326.47 0.00 326.471.550LYN248,000.0087165HNN6
248,000.0010159248,000.00 2.600EGBN05/20/2022 547.64 0.00 547.642.600LYN248,000.0027002YEM4
248,000.0010161248,000.00 2.500FBC06/13/2022 526.58 0.00 526.582.500LYN248,000.0033847E2J5
247,727.6010129248,000.00 2.300COFU08/02/2022 484.45 9.90 494.352.350LYN247,717.701404203Z1
247,720.8910132248,000.00 2.350SLMA08/23/2022 494.98 9.89 504.872.400LYN247,711.00795450D36
247,675.8710137248,000.00 2.650MSB01/11/2023 558.18 9.90 568.082.701LYN247,665.9761747MF63
247,665.1310153248,000.00 3.350MERICK02/21/2023 705.61 9.83 715.443.401LYN247,655.3059013J5Z8
247,628.5410143248,000.00 3.300ADS06/29/2023 704.74 9.73 714.473.397LYN247,618.8120033AZK5
247,628.9710144248,000.00 3.300GOLD07/06/2023 695.08 9.66 704.743.351LYN247,619.3138148PR33
247,610.5710147248,000.00 3.300WFB08/30/2023 695.08 9.69 704.773.351LYN247,600.88949763TF3
247,583.9310164248,000.00 2.000CMS09/27/2023 421.26 10.12 431.382.052LYN247,573.8129278TLY4
247,552.0510154248,000.00 3.000C02/27/2024 631.89 9.73 641.623.052LYN247,542.3217312Q3B3
248,000.0010163248,000.00 1.850FMOSTB09/13/2024 389.67 0.00 389.671.850LYN248,000.0032100LCB9
4,712,000.00Subtotal 4,708,508.81 2.434 9,733.28139.949,593.344,708,368.87
18,984,973.50Total 18,999,052.15 1.811 41,517.3676.6641,440.7026,987,554.77
Portfolio LYNW
APData Updated: SET_INT: 04/06/2020 13:56
Run Date: 04/06/2020 - 13:56 IE (PRF_IE) 7.2.0
Report Ver. 7.3.6.1
29Lynwood Successor Agency - Page 22 of 27
Lynwood - Interest Reports
Accrued Interest
Sorted by Security Type - Maturity Date
March 1, 2020 - March 31, 2020
Maturity
Date
Security
Type
Current
Rate
Par
Value
* Beginning
Accrued Interest
* Ending
Accrued Interest
Adjusted Acc'd Int.
at Purchase
During PeriodCUSIPInvestment #Interest
Earned
Interest
Received
Money Market Funds
152.01100119000149,015.14 0.340PA1 97.88 152.01 97.880.00
152.01149,015.14Subtotal 97.8897.88 152.010.00
LAIF
51,784.791000090017,823,958.36 1.740PA2 18,740.60 0.00 70,525.390.00
51,784.797,823,958.36Subtotal 70,525.3918,740.60 0.000.00
Corporate Notes
1,933.161013417325FAJ7250,000.00 2.125MTN10/20/2020 442.71 0.00 2,375.870.00
2,992.361014905565EAU9250,000.00 3.100MTN04/12/2021 645.83 0.00 3,638.190.00
1,475.6910142931142EJ8250,000.00 3.125MTN06/23/2021 651.05 0.00 2,126.740.00
290.6310118037833CC2250,000.00 1.550MTN08/04/2021 322.91 0.00 613.540.00
2,068.401012317275RBJ0250,000.00 1.850MTN09/20/2021 385.42 2,312.50 141.320.00
2,631.601013559217GCD9250,000.00 2.650MTN04/08/2022 552.08 0.00 3,183.680.00
1,111.111012846849LSW2250,000.00 2.500MTN06/27/2022 520.83 0.00 1,631.940.00
873.611015690331HNV1250,000.00 3.400MTN07/24/2023 708.33 0.00 1,581.940.00
3,549.481015002665WCQ2250,000.00 3.625MTN10/10/2023 755.21 0.00 4,304.690.00
1,232.991015589236TFS9250,000.00 3.350MTN01/08/2024 697.91 0.00 1,930.900.00
5,437.501016046625HJX9500,000.00 3.625MTN05/13/2024 1,510.42 0.00 6,947.920.00
2,171.531016668389XBS3250,000.00 2.950MTN11/15/2024 614.58 0.00 2,786.110.00
541.671016764952WDL4250,000.00 2.000MTN01/22/2025 416.66 0.00 958.330.00
26,309.733,500,000.00Subtotal 32,221.178,223.94 2,312.500.00
Federal Agency
1,904.78101263134GBHX3350,000.00 1.580FAC04/27/2020 460.83 0.00 2,365.610.00
4,490.28101523133EJT74500,000.00 3.050FAC11/15/2021 1,270.83 0.00 5,761.110.00
2,109.38101243130AAB49500,000.00 1.875FAC12/10/2021 781.25 0.00 2,890.630.00
4,055.56101363135G0T78500,000.00 2.000FAC10/05/2022 833.33 0.00 4,888.890.00
1,583.33101623133EKTV8500,000.00 1.900FAC07/01/2024 791.67 0.00 2,375.000.00
1,125.00101653133EK3B0200,000.00 1.500FAC10/16/2024 250.00 0.00 1,375.000.00
15,268.332,550,000.00Subtotal 19,656.244,387.91 0.000.00
Treasury Coupon Securities
Portfolio LYNW
ACData Updated: SET_INT: 04/06/2020 13:56
Run Date: 04/06/2020 - 13:56 AI (PRF_AI) 7.2.8
Report Ver. 7.3.6.1
* Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest.
30Lynwood Successor Agency - Page 23 of 27
Maturity
Date
Security
Type
Current
Rate
Par
Value
Sorted by Security Type - Maturity Date Page 2
* Beginning
Accrued Interest
* Ending
Accrued Interest
Adjusted Acc'd Int.
at Purchase
During Period
Accrued Interest
Lynwood - Interest Reports
CUSIP Investment #
Interest
Earned
Interest
Received
Treasury Coupon Securities
986.17101589128283L2250,000.00 1.875TRC12/15/2020 397.03 0.00 1,383.200.00
986.17250,000.00Subtotal 1,383.20397.03 0.000.00
CD-FDIC
903.671012702006L3N1248,000.00 1.900MC206/22/2020 400.20 0.00 1,303.870.00
504.151011640434AZ44248,000.00 1.400MC207/08/2020 294.88 0.00 799.030.00
154.921013005580AKA1248,000.00 1.900MC208/18/2020 400.19 0.00 555.110.00
87.991013149306SYR1248,000.00 1.850MC208/21/2020 389.67 0.00 477.660.00
2,146.391013306740KKU0248,000.00 1.950MC209/21/2020 410.73 2,411.38 145.740.00
266.3510138856285HL8248,000.00 2.450MC202/16/2021 516.04 0.00 782.390.00
663.491011587165HNN6248,000.00 1.550MC206/29/2021 326.47 0.00 989.960.00
353.311015927002YEM4248,000.00 2.600MC205/20/2022 547.64 512.31 388.640.00
1,358.901016133847E2J5248,000.00 2.500MC206/13/2022 526.58 0.00 1,885.480.00
437.57101291404203Z1248,000.00 2.300MC208/02/2022 484.45 0.00 922.020.00
111.7710132795450D36248,000.00 2.350MC208/23/2022 494.98 0.00 606.750.00
900.271013761747MF63248,000.00 2.650MC201/11/2023 558.18 0.00 1,458.450.00
273.141015359013J5Z8248,000.00 3.350MC202/21/2023 705.61 660.09 318.660.00
907.711014320033AZK5248,000.00 3.300MC206/29/2023 704.74 1,345.32 267.130.00
1,233.211014438148PR33248,000.00 3.300MC207/06/2023 695.08 0.00 1,928.290.00
44.8310147949763TF3248,000.00 3.300MC208/30/2023 695.08 672.66 67.250.00
40.771016429278TLY4248,000.00 2.000MC209/27/2023 421.26 394.08 67.950.00
61.151015417312Q3B3248,000.00 3.000MC202/27/2024 631.89 0.00 693.040.00
2,136.881016332100LCB9248,000.00 1.850MC209/13/2024 389.67 2,287.71 238.840.00
12,586.474,712,000.00Subtotal 13,896.269,593.34 8,283.550.00
0.0018,984,973.50Total 137,780.1441,440.70 10,748.06107,087.50
Portfolio LYNW
ACData Updated: SET_INT: 04/06/2020 13:56
Run Date: 04/06/2020 - 13:56 AI (PRF_AI) 7.2.8
Report Ver. 7.3.6.1
* Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest.
31Lynwood Successor Agency - Page 24 of 27
Lynwood - Interest Reports
Sorted By Investment Type
Sales/Calls/Maturities: March 1, 2020 - March 31, 2020
Realized Gains and Losses
Investment #
Maturity DateCurrent Rate
Par Value
Book Value
Maturity/Sale
Proceeds
Realized
Gain/Loss
Sale Date Total
Earnings Yield 365
Inv.
Type
Purchase
Date Term
Days Held
Net Earnings
Total Total
Issuer
0.000.00 0.00 0.00 0.00 0.000No Sales or Maturities
Portfolio LYNW
ACData Updated: SET_INT: 04/06/2020 13:56
Run Date: 04/06/2020 - 13:56 CG (PRF_CGR1) 7.1.1
Report Ver. 7.3.6.1
32Lynwood Successor Agency - Page 25 of 27
City of Lynwood
Cash Reconciliation Report
For the Period March 1, 2020 - March 31, 2020
Par
Value Cash
Trans.
TypeInvestment # Fund Security ID
Trans.
Date Security Description Maturity
Date Interest RedemptionsPurchases
06/29/20231014303/02/2020 InterestLYN 20033AZK5 248,000.00 ADS 0.2M 3.30% Mat. 06/29/2023 0.00 695.08 0.00 695.08
1001103/02/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-1,367.74 0.00 0.00 -1,367.74
1001103/03/2020 InterestLYN 9000 663,500.32 GSGF 0.7M 2.25%0.00 152.01 0.00 152.01
1001103/03/2020 InterestLYN 9000 663,500.32 GSGF 0.7M 2.25%-152.01 0.00 0.00 -152.01
05/20/20221015903/10/2020 InterestLYN 27002YEM4 248,000.00 EGBN 0.2M 2.60% Mat. 05/20/2022 0.00 512.31 0.00 512.31
1001103/10/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-512.31 0.00 0.00 -512.31
09/13/20241016303/13/2020 InterestLYN 32100LCB9 248,000.00 FMOSTB 0.2M 1.85% Mat.0.00 2,287.71 0.00 2,287.71
1001103/13/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-2,287.71 0.00 0.00 -2,287.71
1000003/16/2020 WithdrawalLYNL 9001 21,001,393.55 LAIF 21.0M 2.41%0.00 0.00 8,000,000.00 8,000,000.00
02/21/20231015303/18/2020 InterestLYN 59013J5Z8 248,000.00 MERICK 0.2M 3.35% Mat.0.00 660.09 0.00 660.09
1001103/18/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-660.09 0.00 0.00 -660.09
09/20/20211012303/20/2020 InterestLYN 17275RBJ0 250,000.00 CSCO 0.3M 1.85% Mat. 09/20/2021 0.00 2,312.50 0.00 2,312.50
09/21/20201013303/20/2020 InterestLYN 06740KKU0 248,000.00 BACR 0.2M 1.95% Mat. 09/21/2020 0.00 2,411.38 0.00 2,411.38
1001103/20/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-4,723.88 0.00 0.00 -4,723.88
09/27/20231016403/27/2020 InterestLYN 29278TLY4 248,000.00 CMS 0.2M 2.00% Mat. 09/27/2023 0.00 394.08 0.00 394.08
1001103/27/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-394.08 0.00 0.00 -394.08
06/29/20231014303/30/2020 InterestLYN 20033AZK5 248,000.00 ADS 0.2M 3.30% Mat. 06/29/2023 0.00 650.24 0.00 650.24
08/30/20231014703/30/2020 InterestLYN 949763TF3 248,000.00 WFB 0.2M 3.30% Mat. 08/30/2023 0.00 672.66 0.00 672.66
1001103/30/2020 DepositLYN 9000 663,500.32 GSGF 0.7M 2.25%-1,322.90 0.00 0.00 -1,322.90
Subtotal -11,420.72 10,748.06 8,000,000.00 7,999,327.34
Total -11,420.72 10,748.06 8,000,000.00 7,999,327.34
Portfolio LYNW
AP
Run Date: 04/06/2020 - 14:01 AC (PRF_AC) 7.2.0
Report Ver. 7.3.6.133Lynwood Successor Agency - Page 26 of 27
Economic and Market Update
*Estimates for the current quarter/month, some data are lagged Sources: FHN Main Street and Bloomberg
3/31/20
Item 3/31/20 12/31/19 Change
U.S. Payrolls Monthly Change (701,000)184,000 (885,000)
Unemployment Rate 4.4%3.5%0.9%
Labor Force Participation 62.7%63.2%(0.5%)
Effective Fed Funds Rate 0.08%1.55%(1.47%)
2 Year T-Note 0.25%1.57%(1.32%)
3 Month T-Bill 0.09%1.55%(1.46%)
3 Year T-Note 0.30%1.61%(1.32%)
5 Year T-Note 0.38%1.69%(1.31%)
10 Year T-Note 0.67%1.92%(1.25%)
U.S. Fed Debt Avg Yield*2.39%2.36%0.03%
30 Year Mortgage Rate 3.86%3.86%0.00%
1-5 Yr Agency Spread 0.26%0.04%0.22%
1-5 Yr A-AAA Corporate Spread 1.88%0.36%1.52%
Dow Jones 21,917 28,538 (23.2%)
S&P 500 2,585 3,231 (20.0%)
Consumer Price Index YOY*2.4%2.3%0.1%
U.S. Avg Regular Unleaded $1.98 $2.59 ($0.60)
Retail Sales YOY*2.8%5.4%(2.6%)
Case-Shiller Home Prices YOY*3.1%2.6%0.5%
Consumer Confidence 120.0 128.2 (8.2)
Gold (per ounce)$1,577.18 $1,517.27 $59.91
Dollar Index 99.05 96.39 2.66
35Lynwood Successor Agency - Page 27 of 27