Investment Update

City Council Agenda Item Report

FROM: Nicole Bredeweg MEETING DATE: January 07, 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:

8,997,175.83 930,512.79 2,862,691.97 173,064.30 434,658.45 693,045.23 14,091,148.57 2.00% 83.00% 15.00%

Institution General Fund (101) First National America Grand River Huntington (Goldman Sachs) Horizon Huntington (Goldman Sachs) Macatawa Bank Huntington (Wells Fargo) Huntington (Ally Bank) Huntington (Bank of America)

US Treasury Bills First Class

Instrument

CD CD CD CD CD CD CD CD CD

T-Bills PF

Rate

281,213.73 115,224.75 107,000.00 100,345.21 123,000.00 230,000.00 192,000.00 230,000.00 200,000.00

1,578,783.69

240,872.50 7,177,519.64

7,418,392.14

4.19% 4.27% 3.90% 3.11% 3.65% 4.40% 3.80% 3.50% 3.60%

01/29/21 06/30/25 09/02/25 12/29/25 11/10/25 08/29/25 12/18/25 01/08/26 11/05/25

01/29/26 02/28/26 03/09/26 03/29/26 05/11/26 08/29/26 09/18/26 10/08/26 11/05/26

3.97% 3.95%

06/13/25

06/11/26

06/30/25

12/31/25

12/6/2025

07/06/26

Major Streets (202) First Class

PF

930,512.79

3.95%

Local Streets (203) First Class Grand River

PF CD

2,570,213.16 292,478.81 2,862,691.97

3.95% 4.27%

Sewer Fund (496) First Class

PF

173,064.30

4.19%

Water Fund (497) First Class

PF

434,658.45

3.95%

Motor Pool (661) First Class First National - Michigan

PF CD

463,045.23 230,000.00

3.95% 3.87%

693,045.23

14,091,148.57

TOTAL

Date of Issue Maturity Date