Investment Update

City Council Agenda Item Report

FROM: Nicole Bredeweg MEETING DATE: April 08, 2026 SUBJECT: Investment Report

DESCRIPTION: Included is the breakdown of funds invested in CD’s, Treasury bills, and pooled funds (MiCLASS). Total funds Invested: General Fund: Major Streets: Local Streets: Sewer Fund: Water Fund: Motor Pool: Total: Investment Diversification: Treasury Bills: Pooled Funds: Certificate of Deposits:

8,818,323.76 838,583.17 2,709,363.96 174,702.69 438,726.87 697,393.44 13,677,093.89 2.00% 85.00% 14.00%

Institution General Fund (101) Horizon Huntington (Goldman Sachs) Macatawa Bank Huntington (Wells Fargo) Huntington (Ally Bank) Huntington (Bank of America) First National America Grand River Huntington CDARS (BOKF) US Treasury Bills First Class

Instrument CD CD CD CD CD CD CD CD CDARS T-Bills PF

Major Streets (202) First Class

PF

Local Streets (203) First Class Grand River

PF CD

Rate

I I

I I

Sewer Fund (496) First Class

PF

Water Fund (497) First Class

PF

Motor Pool (661) First Class First National - Michigan

PF CD

TOTAL

100,345.21 123,000.00 230,000.00 192,000.00 230,000.00 200,000.00 230,000.00 118,569.09 109,069.35

3.11% 3.65% 4.40% 3.80% 3.50% 3.60% 3.89% 3.93% 3.55%

12/29/25 11/10/25 08/29/25 12/18/25 01/08/26 11/05/25 01/29/21 03/02/26 03/12/26

03/29/26 05/11/26 08/29/26 09/18/26 10/08/26 11/05/26 01/29/27 03/02/27 03/11/27

240,872.50 7,044,467.61

3.97% 3.74%

06/13/25

06/11/26

12/31/25

06/30/26

12/6/2025

07/06/26

1,532,983.651

1,2ss,340.11

838,583.171

3.74%

2,594,363.96

115,000.00

2,709,363.961

3.74% 3.88%

174,702.691

3.74%

438,726.871

3.74%

467,393.44 230,000.00

3.74% 3.87%

Date of Issue Maturity Date

697,393.441

13,677,093.89